Answer:
21.45%
Explanation:
The computation of the research and development expense is shown below:
= Research and development ÷ Revenues × 100
= $12,740 ÷ $59,387 × 100
= 21.45%
In a common size income statement, each item is proportionate to the sales value that means the numerator will be the item and the denominator would be sales revenue.
All other information which is given is not relevant. Hence, ignored it
Answer:
The correct answer is False.
Explanation:
The amortization operation consists of regularly distributing the repayment of the principal (C0), together with the interest accrued throughout the life of the loan. The periodic payments made by the borrower are therefore intended to reimburse, extinguish or amortize the initial capital. This justifies the name of the depreciation transaction and the depreciation terms that are usually assigned to these payments.
Answer: Henry's boss, Jacob is right.
Explanation: Jacob is right, he should not give Henry another week off because the work done by Henry before is part of the past and is not valid for a binding contract. Past considerations cannot be invoked in a binding contract
Answer:
3.22%
Explanation:
Standard Deviation is the quantity that shows how much a each element of a group differs from the mean of the group on average.
Standard Deviation of the PG&E's monthly return is 3.22%. All the calculations and workings are done in an MS Excel file, which is attached with this answer, please find it.
Answer:
A ticket price of $350 would maximize their income.
Explanation:
A round trip ticket costs $300
Number of people per week the airline transports between two cities is 800
Total income per week = $300 × 800 = $240,000
To maximize their income the company should increase the ticket price by $50.
For each $5 increase, 10 passengers will be lost. There are 10 $5 in $50, so the number of passengers that would be lost is 10×10 = 100
If the company loses 100 passengers by increasing the ticket price by $50, the new ticket price would be $350 ($300+$50) and the new number of passengers would be 700 (800 - 100).
Therefore, new income = $350 × 700 = $245,000