All categories

3 years ago

Overhead includes all except _____________________.

Business

1 answer:

pav-90 [236]3 years ago

8 0

Answer:

Salaries

Explanation:

Overhead includes all types of costs in the income statement except direct labor, direct material and direct expenses. Therefore slaries are not included in it.

You might be interested in

The interest rate is 5% in the market for loanable funds. Investors wish to borrow $100 million and savers wish to save $125 mil

xxMikexx [17]

Answer:

D. Fall; Surplus

Explanation:

Loanable Funds

This is simply the sum total of all the money individuals in an economy or nation have decided to save and lend to borrowers as an investment rather than use for individual consumption. The market describes how money is borrowed. It illustrates the interactions between savers and borrowers in a country.

Interest rate here is determined by the demand and Supply of loanable funds. When the Savers and More than the borrowers, that is, supply is larger than demand, interest Rate generally FALLS (drops). This is as a result of the SURPLUS loanable funds available.

A good example is in the question, where the borrowers want 100million and the Savers are saving 125 million.

The Savers amount are more than the borrowers amount by 25 million, hence a fall in interest rate due to that Surplus.

4 0

3 years ago

The following data are taken from the financial statements of Sigmon Inc. Terms of all sales are 2/10, n/45. 20Y3 20Y2 20Y1 Acco

Marta_Voda [28]

Answer:

Sigmon Inc.

1. Accounts receivable turnover = Sales/Average accounts receivable

20Y3 = 8.49x

20Y2 = 7.75x

2. Number of days sales in receivables = 365/Accounts receivable turnover

20Y3 = 43 days

20y2 = 47.1 days

3. The collection of accounts receivable has improved from 47.1 days to 43 days. This can be seen in both the in accounts receivable turnover and the in the collection period.

Explanation:

a) Data and Calculations:

Terms of all sales are 2/10, n/45

20Y3 20Y2 20Y1

Accounts receivable, end of year $710,000 $630,000 $565,000

Sales on account 5,691,000 4,628,500

Average accounts receivable 670,000 597,500

1. Accounts receivable turnover = Sales/Average accounts receivable

20Y3 = 8.49x ($5,691,000/$670,000)

20Y2 = 7.75x ($4,628,500/$597,500)

2. Number of days sales in receivables = 365/Accounts receivable turnover

20Y3 = 43 days (365/8.49)

20y2 = 47.1 days (365/7.75)

4 0

3 years ago

A firm wishes to issue new shares of its stock, which already trades in the market. The current stock price is $24, the most rec

bekas [8.4K]

Answer:

17.83%

Explanation:

The computation of required rate of return is shown below:-

Required rate of return = ((Expected dividend ÷ (Current Stock price × (1 - Flotation cost as a percentage of issue price)) + Growth rate)) × 100

= ((Dividend × (1 + Growth rate)) ÷ Current Price of stock × (1 - Flotation cost as a percentage of issue price)) + Growth rate))) × 100

= ($3 × (1.04) ÷ $24 × (1 - 0.06) + 0.04) × 100

= ($3.12 ÷ $22.56 + 0.04) × 100

= (0.138297872 + 0.04) × 100

= 17.82978723

= 17.83%

Therefore we have applied the above formula.

8 0

3 years ago

Sanfillipo, Inc., had 800 units of inventory on hand at March 1 of the current year, costing $20 each. Purchases and sales of in

stira [4]

Answer:

According to a physical count, 600 units were on hand at the end of March. The cost of goods sold for March applying the FIFO method is:

$1081600

Explanation:

MARCH 1 800 20

MARCH 8 8600 22

MARCH 8 15400 22

MARCH 8 22400 24

MARCH 8 27400 24

Final Inv. 600

Sell units 74000

FIFO Purch. Unit cost Sell Un. Cost

MARCH 1 800 20 800 16000

MARCH 8 8600 22 8600 189200

MARCH 8 15400 22 15400 338800

MARCH 8 22400 24 22400 537600

MARCH 8 27400 24 26800 643200

74000 1081600

7 0

3 years ago

Read 2 more answers

Indi and Indrani are sisters who own a software development company. Demand has been increasing for their products and services

Alexandra [31]

Answer:

open an new office because the expected marginal benefit ($12.5 million over 5 years) is greater than the estimated marginal cost ($7 million)

Explanation:

The computation is shown below;

Given that

Total marginal benefit = 12.5 million

And, the Total marginal cost = 7 million

Based on the above information

We can see that the new office should be opened as the marginal benefit would be more than the marginal cost

Therefore the first option is correct

And, the rest of the options would be incorrect

4 0

3 years ago