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beks73 [17]
3 years ago
8

The owner of Hanson Manufacturing is considering the idea of establishing a smoke-free workplace and instigating an incentive pl

an to encourage employees to quit smoking. According to CDC research, Hanson Manufacturing will gain approximately ________ in productivity from each smoker who quits the habit
Business
1 answer:
klemol [59]3 years ago
7 0

Answer:

$2000

Explanation:

According to CDC research, each employee who smokes costs his or her organization approximately $2000 per year due to reasons such as;

• Smoke breaks at work which accumulate to reduce the amount of time spent doing productive work.

• Health related issues resulting from smoking that may cost the organization money or cause the employee to be absent from work (research shows that smokers are absent from work more than non smokers.

Therefore, for each smoker who quits smoking, Hanson Manufacturing will gain approximately $2000 in productivity.

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Suppose that Abdul opens a coffee shop. He receives a loan from a bank for $100,000. He withdraws $50,000 from his personal savi
Mars2501 [29]

Answer:

The correct answer is $1,000.

Explanation:

According to the scenario, the computation of the given data are as follows:

Receives a loan = $100,000

Withdraws = $50,000

Interest rate = 2%

So, we can calculate the implicit cost by using following formula:

Implicit cost = Withdrawal amount × Tax rate

By putting the value, we get

Implicit cost = $50,000 × 2%

= $1,000

7 0
3 years ago
Casey Motors recently reported net income of $55 million. The firm's tax rate was 40.0% and interest expense was $19 million. Th
nadezda [96]

Answer:

$31.76 million

Explanation:

Economic Value Added is the residual wealth left for shareholders after having accounted for the financing needs of the company as shown by the formula below:

EVA=NOPAT-(WACC*invested capital)

NOPAT is the net operating profit after tax =operating profit(EBIT)*(1-tax rate)

Net income=Earnings before tax*(1-tax rate)

net income= $55 million

EBT=unknown

tax rate=40.0%

$55=EBT*(1-40.0%)

$55=EBT*0.60

EBT=$55/0.60

EBT=$91.67

EBIT=EBT+interest

EBIT=$91.67+$19

EBIT=$110.67

NOPAT=$110.67*(1-40%)

NOPAT=$66.41

WACC=9.0%

perating capital employed=$385

EVA=$66.41-(9.0%*$385)

EVA=$31.76 million

operating capital em

3 0
3 years ago
Your sister just deposited $13,500 into an investment account. She believes that she will earn an annual return of 10.4 percent
VladimirAG [237]

Answer:

14518.41

Explanation:

We would determine the future value of the sisters investment and use it to determine the amount to be deposited by the other sister

The formula for calculating future value:

FV = P (1 + r) n

FV = Future value  

P = Present value  

R = interest rate  

N = number of years  

13500 (1.104)^10 = $36,309.85

$36,309.85 = a(1.096)^10

a = $36,309.85 / 2.500953

a = $14518.41

3 0
3 years ago
You need a 25-year, fixed-rate mortgage to buy a new home for $240,000. Your mortgage bank will lend you the money at a 8.6 perc
geniusboy [140]

Answer:

the balloon payment after 300 months is $1,205,266.38

Explanation:

In order to pay the loan completely after 300 months, your monthly payment should be $1,948.75. Since you can only pay $800 per month, the loan's balance after 300 payments will be $1,205,266.38. This is irrational since you will end up owing 4 times the initial amount. You will never even be close to paying even the interest expense, so the principal increases every month.

I prepared an amortization schedule using an excel spreadsheet

Download pdf
6 0
3 years ago
Umber Mattresses has had issues with inventory in the past. Missed shipping and unexpected price hikes have caused production is
r-ruslan [8.4K]

Answer: E. switch to a multiple supplier approach

Explanation:

Since the company has had issues with inventory in the past, then the recommendation of the production manager should be that the company should switch to a multiple supplier approach.

By switching to multiple supplier, the company can compare prices and also have alternative suppliers to call in case there's a challenge with a particular supplier.

8 0
3 years ago
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