Which type of enterprise has unlimited liability

White Lion Homebuilders is considering investing in a one-year project that requires an initial investment of $475,000. To do so

Dmitriy789 [7]

Answer:

22.81%

Explanation:

The computation of the rate of return is shown below:

= (cash inflow ÷ total cost) - 1

where,

Cash inflow is $595,000

And, the total cost is

= $475,000 + $475,000 × 2%

= $475,000 + $9,500

= $484,500

So, the rate of return is

= ($595,000 ÷ $484,500) - 1

= 22.81%

Hence, the rate of return is 22.81%

Basically we applied the above formulas

4 0

4 years ago

Determine the maximum amount of charitable deduction for each of these contributions ignoring the AGI ceiling on charitable cont

sergejj [24]

Answer:

Complete question is attached in form of image.

a). Maximum amount of charitable deduction for Cash Contrbutions = 7650 + 5450

= $ 13100

a). Maximum amount of charitable deduction for Property Donations

= 15250 + 18375

= $ 33625

The amount of deduction for contribution to American Heart Association will be the amount equal to the cost of antique painting given to the american heart association.

The amount of deduction for contribution to First Methodist Church will be the amount equal to the FMV of Coca-Cola stock given to the first methodist church.

FMV stands for Fair market value.

Maximum amount of charitable deduction for Cash contribution = $ 13100 and Maximum amount of charitable deduction for Property donation = $ 33625.

7 0

4 years ago

Bubba is a shrimp fisherman who used $2,000 from his personal savings account to buy a boat and equipment for his shrimp busines

oee [108]

2040 I think because 2 percent of 2000 is 40 so you add 2000+40 and you get 2040

7 0

3 years ago

Kramer company started its production operations on August 1st. During August, the printing Department completed 17,600 units. T

Dima020 [189]

Answer:

Costs of goods transferred out is $ 785,840

Value of ending inventory is $26,268

Explanation:

The equivalent units of material cost is computed thus:

Completed units 17600*100% =17,600

Ending inventory 4,400*80% =3,520

Equivalent units 21,120

material unit cost =Accumulated materials cost/equivalent units

material unit cost=$45,408/21,120

=$2.15

Equivalent units of conversion cost is calculated thus:

Completed units 17,600*100%= 17,600

Ending inventory 4,400*10% = 440

Equivalent units 18,040

Conversion unit cost=Conversion costs/equivalent units

=$766,700/18,040

=$42.5

Cost of goods transferred out:

Material costs 17,600*100%*$2.15 =$37,840

Conversion costs 17,600*100%*$42.5 =$ 748,000

Total costs $ 785,840

Costs of ending inventory:

Material costs 4,400*80%*$2.15 = $7,568

Conversion costs 4,400*10%*$42.5 =$18,700

Total cost $26,268

=

7 0

4 years ago

For Oriole Company, actual sales are $1,450,000, and break-even sales are $971,500.

Ksivusya [100]

Answer:

a. Margin of safety in dollars = $478,500

b. Margin of safety ratio = 33%

Explanation:

a. Margin of safety in dollars is calculated as;

= Actual sales - Break even sales

Given that;

Actual sales = $1,450,000

Break even sales = $971,500

Margin of safety in dollars

= $1,450,000 - $971,500

= $478,500

b. Margin of safety ratio is computed as;

= [(Actual sales - Break even sales) / Actual sales] × 100

= [($1,450,000 - $971,500) / $1,450,000] × 100

= [$478,500 / $1,450,000] × 100

= 0.33 × 100

= 33%

3 0

3 years ago