Physical distribution or shipping only refers to the process of transporting goods. True or false?

The following information is for employee Robert Ellis for the week ended March 15. Total hours worked: 48 Rate: $15 per hour, w

Leviafan [203]

Answer:

1. Total earnings

Normal hours 40 *$15 = $600

Overtime 8 * $30 = 240

$840

2. Total Deduction

United fund deduction 50

social security(6%*840) 50.4

Medicare tax(1.5%*840) 12.6

State unemployment(3.4%*600) 20.4

133.4

3. Cash paid

Total earnings $840

Total Deduction 133.4

706.6

b. employer payroll tax

Medicare tax = 1.5% *840 = $12.6

Federal unemployment tax = (0.8%*600) 4.8

17.4

Explanation:

8 0

4 years ago

Read 2 more answers

The unemployment rate in Economy X when it is growing normally is 5%. When Economy X is in a recession, the unemployment rate is

Ede4ka [16]

Answer:

The CYCLICAL unemployment rate while Economy X is GROWING IS 0%. The 5% unemployment rate is due to structural and FRICTIONAL factors.

Explanation:

there are basically three types of unemployment:

Frictional unemployment: voluntary and takes place when someone quits his/her job because they want to find a better job.
Structural unemployment: is not voluntary and happens when the workers do not possess the required skills to fill vacant jobs.
Cyclical unemployment: is not voluntary and happens when the economy is contracting and the businesses are forced to lay off workers.

7 0

3 years ago

A company discarded a computer system originally purchased for $8,500. The accumulated depreciation was $6,700. The company shou

Elza [17]

Answer:

1800

Explanation:

A company threw away a computer that originally costs $8,500

They accumulated depreciation of $6,700

Hence the company will loss money, they would experience a loss of

8500-6700

= 1800

Hence the company will be at a loss of 1800

6 0

3 years ago

which of the following best completes the diagram? a. major credit card networks b. companies that handle the worldwide processi

Ratling [72]

major credit card and networks

6 0

3 years ago

The fi corporation's dividends per share are expected to grow indefinitely by 5% per year.

dedylja [7]

Answer:

Explanation:

a.)

Dividend discount model(DDM) is used to determine the price of a stock.

The formula is as follows;

Price ;P0 = D1 /(r-g)

D1 = Dividend in year 1

r = capitalization rate or required rate of return

g = dividend growth rate

P0 = 8/( 0.10-0.05)

P0 = 160.

The price of the Fi corporation's stock is therefore $160.

b.)

Use the formula that shows the relationship between ROE , retention rate and growth rate. It's as follows;

g = ROE *b

g = growth rate

b = retention rate

Given Earnings per Share (EPS) = $12 and dividend = $8, find dividend payout ratio first.

retention ratio = (1 -dividend payout ratio)

dividend payout ratio = 8/12 = 0.667 or 66.7%

retention ratio ; b = (1 -0.667)

b = 0.333 or 33.3%

Plug it in the formula;

0.05 = ROE * 0.333

ROE = 0.05/0.333

ROE = 0.15 or 15%

c.)

This question is asking for the Present Value of Growth Opportunity (PVGO)

The formula is as follows;

PVGO = Price - EPS1 /r

Price = $160 (from part a)

Expected earnings per share (EPS) = $12

required rate of return(capitalization rate) ; r = 10% or 0.10 as a decimal

PVGO = 160 - 12/0.10

PVGO = 160 -120

PVGO = $40

Therefore, the market is paying $40 per share for growth opportunities.

8 0

3 years ago