Answer:
The company's net operating income for May is $30,500
Explanation:
For computing the net operating income, first, we have to compute the contribution by applying the contribution margin formula. The formula is shown below:
Contribution margin = (Contribution ÷ Sales)
75% = (Contribution ÷ $114,000)
So contribution would be equal to
= $114,000 × 75%
= $85,500
And the fixed expenses are $55,000
So, the net operating income equal to
= Contribution - fixed expenses
= $85,500 - $55,000
= $30,500
Answer:
Corporate citizenship should:
- Obey relevant rules and regulations.
- Concerned with how well a firm contributes to the betterment of the community (Eg philantrophy)
- Contribute to or, at least not detract from, the life of local communities through its operations
.
- Held to certain economic virtues, that are necessary for the free market to run efficiently (Eg honest advertising)
- Concerned with how well a firm involves itself in the political process.
Answer:
Explanation:
Benefit corporations differ from traditional corporations in three main ways. The main purpose is to benefit the Shareholders , so directors must consider the impact of their decisions on society and the benefit report. Shareholders have an additional right of private action, called a___benefit enforcement proceeding , that allows them to sue the corporation for failure to pursue the purpose. Finally, benefit corporations must issue an annual financial statement on its performance and include a third-party standard of assessment.
Answer: The correct answer is e). 3.67%
Explanation: An ordinary annuity is a series of payments made at the end of each period.
The formula for ordinary annuity is PV = PMT × ((1 - (1 + r) ^ -n)/ r)
Where; PMT = the periodic cash payment; r = the interest rate per period; n = the total number of periods and PV = present value.
Therefore; 3500000 = 250000×((1-(1+r)^-20)/r
This will give the rate as 3.67%
Purchase the machine because the expected rate of return exceeds the interest rate