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Cloud [144]
2 years ago
6

Tulip Midwifery's cost formula for its wages and salaries is $2,420 per month plus $388 per birth. For the month of January, the

company planned for activity of 119 births, but the actual level of activity was 123 births. The actual wages and salaries for the month was $50,544. The wages and salaries in the flexible budget for January would be closest to:
Business
1 answer:
Neko [114]2 years ago
3 0

Answer:

$ 50144

Explanation:

Given:

Cost formula for the the wages and salaries = $ 2420 / month + $ 388 / birth

planned number of activity = 119 births

Actual level of activity = 123 births

the wages and salaries in the flexible budget for January, using the given formula will be calculated as:

the wages and salaries = ( $ 2420 × 1 ) + ( $ 388 × 123) = $ 50144

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Baby Goods Inc. buys Child Shops Inc. in an attempt to gain monopoly power. Remedies that a court might impose in a suit against
zhuklara [117]

Based on the information given regarding the monopoly power, the remedy by the court will be<u> divesting itself of the control or ownership of</u><u> Child Shops</u>.

It should be noted that antitrust laws are put in place in order to protect consumers from business practices that are predatory and also ensure fair competition.

Since antitrust laws recommend the breaking of certain business conducts, there'll be the divesting of the company of the control or ownership of Child Shops.

Learn more about monopoly on:

brainly.com/question/13113415

6 0
2 years ago
On february 28th of 1986, _____________ starts her first solo world tour, starpeace, planning both u.s. and european dates. due
Monica [59]
Yoko Ono is the answer
5 0
3 years ago
An investor recently purchased a corporate bond that yields 9%. The investor is in the 36% combined federal and state tax bracke
kifflom [539]

Answer:

The bonds after tax yield is given as Pre tax yield X (1-tax rate)

After Tax Yield = 9% X (1-0.36) = 9%X0.64=5.76%

Answer: 5.76%

Explanation:

The after-tax yield of any financial instrument such as a bond or even stock dividends is the effective yield after the applicable taxes have been paid. Higher the tax rate, lesser is the after-tax yield for the investor.

To calculate your after-tax yield, you need to know both the rate of return on your investment and the tax rate that applies to those profits. First, convert your tax rate that applies to the earnings to a decimal by dividing by 100. Second, subtract the result from 1 to calculate the portion of your earnings that you get to keep after you pay taxes on them. Third, multiply the result by the rate of return on the investment to calculate your after-tax yield.

For example, say that you want to calculate the after-tax rate of return on your certificate of deposit. If your rate of return is 3 percent and the tax rate applied to that interest is 24 percent, start by dividing 24 percent by 100 to get 0.24. Second, subtract 0.24 from 1 to get 0.76 – the portion that you get to keep after accounting for taxes. Finally, multiply 0.76 by your overall rate of return of 3 percent to find your after-tax yield is 2.28 percent.

5 0
3 years ago
Read 2 more answers
The stockholders’ equity section of Velcro World is presented here.
Nina [5.8K]

Answer:

Velcro World

1. Prefered stock issued = 5,800,000

2. Common stock issued = 28,000,000

3. Average price of preferred stock = $38

4. Net income for the year =                       $66

5. Average cost per share of the treasury stock acquired =  $30

Explanation:

a) Data and Calculations:

VELCRO WORLD

Balance Sheet (partial)

($ and shares in thousands)

Stockholders' equity:

Preferred stock, $1 par value      $ 5,800

Common stock, $1 par value       28,000

Additional paid-in capital         1,028,600

Total paid-in capital                 1,062,400

Retained earnings                     286,000

Treasury stock, 12,000             (360,000)

Total stockholders' equity     $ 988,400

1. Prefered stock issued = 5,800,000

2. Common stock issued = 28,000,000

3. Additional paid in capital = 1,028,600,000

less common stock (part)         812,000,000 ($29 * 28,000,000)

Preferred stock (part)               216,600,000

add Preferred stock                     5,800,000

Total preferred stock value    222,400,000

Average price = 222,400,000/5,800,000 = $38

4. Retained earnings at the end =        $286,000,000

add dividends paid during the year          30,000,000

Retained earnings at the beginning = $250,000,000

Net income for the year =                       $66,000,000

$66

5. Average cost per share of the treasury stock acquired = $360,000,000/12,000,000 = $30

3 0
3 years ago
How many dollars would it cost to buy an edinburgh woolen mill sweater costing 50 british pounds if the exchange rate is 1.50 do
WITCHER [35]

The amount of  dollars that  it would cost to buy an edinburgh sweaters if the exchange rate is 1.50 dollars per one british pound is: $75.

<h3>Dollar amount to buy an buy an edinburgh woolen mill </h3>

Using this formula

Dollar amount=Cost of woolen mill sweater×Exchange rate

Where:

Cost of woolen mill sweater=50 pounds

Exchange rate=1.50 dollars

Let plug in the formula

Dollar amount=50×$1.50

Dollar amount=$75

Inconclusion the amount of  dollars that  it would cost to buy an edinburgh woolen mill sweater is $75.

Learn more about dollar amount here:brainly.com/question/961857

4 0
2 years ago
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