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Zolol [24]
3 years ago
11

n its 2016 annual report, Lockheed Martin reports net earnings of $5,302 and dividends paid of $2,048. Your forecast of the net

income for Lockheed Martin for 2017 is $5,504. What are the projected dividends for the company for 2017
Business
1 answer:
KiRa [710]3 years ago
5 0

Answer:

$2,126 million

Explanation:

Calculation for the Projected dividends for 2017

Using this formula

Projected dividends for 2017=2107 Forescated net income ×(2016 Dividends/2016 Net Income )

Let plug in the formula

Projected dividends for 2017=$5,504 million × ($2,048 million / $5,302 million)

Projected dividends for 2017=$5,504 million×0.38626933

Projected dividends for 2017 = $2,126

Therefore the Projected dividends for 2017 will be $2,126 million

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Don Juan, a single taxpayer, is the sole owner of DJ’s Inc., an S Corporation. This year, DJ’s Inc. incurred a massive $600,000
Darina [25.2K]

Answer:

Don Juan is sole business owner and his loss in excess to the minimum threshold amount is $250,000. So Don Juan may deduct the amount $350,000 in terms of loss.  

If Don Juan does not deduct the loss this year, it would be carried forward to next fiscal statement

Explanation:

Part 1. The calculation is made as below

Excess of business loss ($600,000) – (other business income + Threshold amount ($250,000))

The minimum threshold amount is deductible from the Tax comes out to be $350,000

Part 2. The loss is reflected in next year’s tax statement as net operating loss and can be carried forward. So if Don Juan miss the loss deduction claim, he can do it next year.  

4 0
3 years ago
What is the effect of a 10 percent price increase on quantity demanded if elasticity is infinite?
Julli [10]

Answer:

Demand drops to zero

Explanation:

Infinite elasticity of demand is also called perfect elasticity of demand.

In this scenario the demand for a product is attached to it's price.

There is an infinite change in the quantity demanded as a result of change in price.

Graphically it is a horizontal demand curve as represented in the attached

Even a small increase in price will cause demand to fall to zero.

Examples are luxury goods such as high end cars and expensive jewelry.

4 0
3 years ago
Adam Plastics, Inc., manufactures plastic moldings for car seats. Its costing system utilizes two cost categories, direct materi
inysia [295]

Answer:

c. $385,958.90

Explanation:

<em>Step 1 Determine the Total Cost Incurred for Both materials and Conversion </em>

<em>Raw Materials</em>

Opening Work In Process                  $200,000

Add Cost Added during the year    $2,000,000

Total                                                   $2,200,000

<em>Conversion</em>

Opening Work In Process                  $200,000

Add Cost Added during the year    $2,500,000

Total                                                   $2,700,000

<em>Step 2 Determine the total equivalent units for materials and conversion</em>

<em>Materials </em>

Closing work in process 100 × 100%                         = 100

Completed and Transferred (600+200-100)×100% =700

Total                                                                            =800

<em>Conversion </em>

Closing work in process 100 × 30%                          =  30

Completed and Transferred (600+200-100)×100% =700

Total                                                                            =730

<em>Step 3 Determine equivalent cost per unit of materials and conversion costs</em>

Materials = $2,200,000/800 = $2,750

Conversion = $2,700,000/730 = $3,699

<em>Step 4 Determine the cost assigned to Ending WIP</em>

Materials  ($2,750×100)           = $275,000

Conversion Cost ($3,699×30) = $110,970

Total                                           =$385970

5 0
3 years ago
Why might some firms voluntarily pay workers a wage above the market equilibrium, even in the presence of surplus labor? check a
Schach [20]
<span>paying higher wages increases worker turnover YOUR ANSWER

</span>
<span>higher wages attract a more competent pool of workers YOUR ANSWER

the rest really do not apply.
</span>
6 0
3 years ago
A ____________ would be a misconfiguration of a system that allows the hacker to gain unauthorized access, whereas a____________
Murrr4er [49]

Answer:

Vulerability and Risk

Explanation:

Uncertainity is the vulnerability of an outcome and is not quantifiable whereas the risk is that the firm will be affected by an outcome which is quantifiable. So here the vulnerability of a system is its misconfiguration that has a loophole which would affect the firm and the hacker can hack these systems easily. Whereas the risk that the hacker will exploit the misconfiguration opportunity, such a hack using system misconfiguration is quantifiable and can be measured from past data and system configuration and security measures.

3 0
3 years ago
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