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Ratling [72]
3 years ago
5

Coronado Inc. has an investment in trading securities of $150000. This investment experienced an unrealized loss of $7300 during

the current year. Assuming a 35% tax rate, the effect of this loss on comprehensive income will be
Business
1 answer:
ValentinkaMS [17]3 years ago
4 0

Answer:

Total loss= $4,745

Explanation:

Giving the following information:

Coronado Inc. has an investment in trading securities of $150000. This investment experienced an unrealized loss of $7300 during the current year. Assuming a 35% tax rate.

Loss= 7,300

Tax savings= (7,300*0.35)= (2,555)

Total loss= $4,745

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Schuepfer Inc. bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 2,700 units ar
Fynjy0 [20]

Answer:

Total cash disbursement= $40,210

Explanation:

Giving the following information:

The sales budget shows 2,700 units are planned to be sold in March. The variable selling and administrative expense are $3.20 per unit.

The budgeted fixed selling and administrative expense are $35,770 per month, which includes depreciation of $4,200 per month.

Th<u>e depreciation expense is not a cash disbursement. </u>

Total cash disbursement= total variable cost + total fixed cost

Total cash disbursement= 2,700*3.2 + (35,770 - 4,200)

Total cash disbursement= $40,210

3 0
3 years ago
For the past few months, Denver Framing has experienced high employee turnover. After investigating, human resource manager Kyle
alekssr [168]

Answer:

b.)State the primary message; lay out supporting reasons; conclude with a call to action.

Explanation:

These are options for the question

a.State the primary message; give the call to action; lay out the supporting reasons.

b.State the primary message; lay out supporting reasons; conclude with a call to action.

c.Start with a call to action; lay out the supporting reasons; conclude with the primary message.

d.Start with a call to action; state the primary message; lay out the supporting reasons.

e.Lay out the supporting reasons in careful order; state the primary message.

From the question we are informed about Denver, For the past few months, His Framing has experienced high employee turnover. After investigating, human resource manager Kyle discovered that most employees are unhappy with their salaries and therefore unmotivated to work. Kyle plans to craft a message using the direct approach. In this case he should have a structure whereby he would ; ✓State the primary message

✓lay out supporting reasons

✓conclude with a call to action.

In direct approach message, the main idea of the message is been written near the top, and it is important since there is a believe that the audience reaction will be positive towards the message. In direct approach, which is a deductive argument. the idea of the message which includes recommendation, as well as conclusion and request is placed at the of the document, and then the evidence can follow it.

4 0
2 years ago
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $48,400.
diamong [38]

Answer:the machine’s second-year depreciation and year end book value under the straight-line method is $3,990 and$40,420 respectively.

Explanation:

Straight line depreciation is calculated as

Depreciation= Initial value – salvage value / useful life

Depreciation=($48,400- $9,000)/10=$3,990

The depreciation expense each year would be $3990

Book value = Cost of asset- accumulated deprecation

Book value = Cost of asset - (2 years x depreciation)

=  $48,400- (2 x $3,990)

= $40,420

Therefore, the machine’s second-year depreciation and year end book value under the straight-line method is $3,990 and$40,420 respectively.

3 0
2 years ago
On Mar 3, Lyons Company paid dividends of $1,000. Use your knowledge of what a correct journal entry should look like to identif
Anastasy [175]
E:cash would be debited and listed first
3 0
3 years ago
Calculate Producer Surplus if Reservation Price=20, Price=8, &amp; Quantity=10.
Pavel [41]

C. 60  
Explanation: 
Producer's Surplus means the value producer derives from selling goods. For example, if producer is willing to sell the product for a price 8 but consumers are willing to pay a higher price, let's say 20, then producer achieves a surplus of 12 per unit. Let's calculate the producer's surplus -   
As per question, Reservation Price (RP) =20, Price (P) =8, & Quantity (Q) =10  
The formula for Producer Surplus (PS) is as follow: 
 PS = 1/2 (RP - P) x Q 
= 1/2 (20-8) x 10 = 60
4 0
3 years ago
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