The amount of the surplus that is worthless to buyers and sellers but becomes tax income may be transferred to someone else through public policies, but it is not lost.
More about public policies:
The majority of the time, a government's established policies, laws, and behaviours make up its public policy. Concern over the new structure of government calls attention to how frequently state agencies now carry out these functions rather than the state itself.
By endorsing politicians and political parties, several individuals and organisations attempt to have an impact on public policy through the political process.
Learn more about public policy here:
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Answer:
$10,146
Explanation:
Llcrys Corp
Disbursment float = Checks ×average amount × numbers of clearing days
Disbursement float = 52× $461 × 2.5
Disbursement float = $59,930
Collection float = Checks ×average amount × numbers of average days
Collection float = 49 × $508× 2.00
Collection float = $49,784
Hence:
Disbursement float - Collection float
= $59,930 − $49,784
= $10,146
This is a DISBURSEMENT FLOAT of $10,146
Answer:
a. What is Local's gross margin? (Round to one decimal place.)
0.4412 / 44.12%
b. What is Local's operating margin? (Round to one decimal place.)
0.1618 / 16.18%
c. What is Local's net profit margin? (Round to two decimal places.)
0.1049 / 10.49%
Explanation:
Local Co.
Income Statement for the year ended MM DD, YY
$, million
Sales 10.20
-Cost of sales <u> 5.70</u>
=Gross Income 4.50
-Selling, general and administrative expenses 0.55
-Research and development 1.20
-Annual depreciation charges <u> 1.10 </u>
=Operating Income 1.65
-Tax rate of 35 %. <u> 0.58 </u>
=Net Income <u> </u><u>1.07 </u>
(a) Gross Margin = Gross Income / Sales = 4.50 / 10.20 = 0.4412 = 44.12%
(b) Operating Margin = Operating Profit / Sales = 1.65 / 10.20 =0.1618=16.18%
(c) Net Profit Margin = Net Income / Sales = 1.07 / 10.20 = 0.1049 = 10.49%
Answer:
annual return = 18.04
Explanation:
given data
fund = $200 million
S&P 500 Index = 16.5%
gross return assets = 21%
expense ratio = 2%
benchmark return = 1%
incentive bonus = 0.1 %
to find out
annual return on this fund
solution
we get here first management cost for the year that is
management cost = fund × gross return .........................1
management cost = $200 million × 1.21
management cost = $242,000,000
so net return will be
net return = gross return assets - S&P 500 Index
net return = 21% - 16.5%
net return = 4.5%
so when we add this net return to expense ratio is
= 2 % + 4.5% (0.1 )
= 2.45 %
management cost will be
management cost = $242,000,000 × 2.45 %
management cost = $5,929,000
so
annual return will be here as
annual return = 
annual return = 0.18035
annual return = 18.04
