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3 years ago

Which company ethics safeguard is commonly implemented as an employee “helpline”?

1 answer:

5 0

Companies have helplines to have an anonymous way for employees to express their ethical issues they notice. By having this helpline, information that needs to be expressed is able to be and no one has to feel unsafe about doing so because it is anonymous. This reporting mechanism is used within many large corporations.

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Edmonco Company produced and sold 45,000 units of a single product last year, with the following results: Sales Revenue $ 1,350,

tiny-mole [99]

Answer:

75%

Explanation:

The computation of the percentage increase in income before income taxes is shown below:

Particulars Current $ Increase at 15% Revised $

Sales revenue 1350000 202500 1552500

Less: Variable cost

Variable manufacturing 585000 87750 672750

Variable selling 40500 6075 46575

variable Admin 184500 27675 212175

Total variable cost 810000 121500 931500

Contribution 540000 81000 621000

Less: Fixed cost

Manufacturing 270000 0 270000

Selling 54000 0 54000

Admin 108000 0 108000

Net income 108000 81000 189000

Now percentage increase in income is

= (81000 ÷ 108000)

= 75%

5 0

3 years ago

Suppose you just bought an annuity with 9 annual payments of $15,400 at the current interest rate of 11 percent per year. a. Wha

Dafna11 [192]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Suppose you just bought an annuity with 9 annual payments of $15,400 at the current interest rate of 11 percent per year.

First, we need to determine the final value with the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Then, we can calculate the present value with the following formula:

PV= FV/(1+i)^n

A)i=11%

FV= {15400*[(1.11^9)-1]}/0.11

FV= $218,125.17

PV= 218,125.17/(1.11^9)= $85,270.53

B) i= 6%

FV= {15400*[(1.06^9)-1]}/0.06

FV= $176,966.27

PV= 176,966.27/(1.06^9)= $104,746.06

C) i= 16%

FV= $269,785.02

PV= $70,940.77

3 0

3 years ago

Night Shades Inc. (NSI) manufactures biotech sunglasses. The variable materials cost is $18.50 per unit, and the variable labor

Pavel [41]

Answer:

a. $25.50

b. $9,725,000

c. Cash = 8,888.89 units

Accounting = 35,555.56 units

Explanation:

a. Variable cost per unit = material cost + labor cost = $18.50 + $7.00 = $25.50

b. Total cost = Fixed + Variable

Variable = $25.50 $\times$ 350,000 = $8,925,000

Fixed = $800,000

Total = $800,000 + $8,925,000 = $9,725,000.00

c. Cash break even point = (Fixed cost - Depreciation)/Contribution per unit

Fixed cost = $800,000

Depreciation = $600,000

Contribution per unit = $48 (Selling price) - $25.50 (Variable cost) = $22.5

Cash Break even point = ($800,000 - $600,000)/$22.5 = 8,888.89 units

Accounting Break Even Point = Total fixed cost/ Contribution per unit

=$800,000/$22.5 = 35,555.56 units

Final Answer

a. $25.50

b. $9,725,000

c. Cash = 8,888.89 units

Accounting = 35,555.56 units

5 0

3 years ago

Given the following linear demand forecast: Demand = 50 + 10 X (where X is the desired forecast period), what is the predicted f

Irina18 [472]

Explainnnnnnn 3> explain

7 0

3 years ago

Although a business has had record sales it is having a hard time paying the bills each month. As a manager you are uncertain wh

Svetradugi [14.3K]

Answer:

Income statements and or Cash flow statements.

Explanation:

Income statement and Cash flow statements are required.

Income Statement will give us insight about our costs as we maybe recording sales but if the costs and expenses are too high we are unlikely to be making enough gross profits to be able to pay bills.

Cash flow statements are required as sales may be credit and thus reducing working capital for the company, although they may be making profits but if the debts are uncollected they are unlikely to have cash available to be able to make payments.

Hope that helps.

3 0

3 years ago