Answer:
$1.50
Explanation:
Calculation for How much per share is left for you after all taxes are paid
Using this formula
Amount per share left= Amount per share-(Amount per share× marginal tax rate
Let plug in the formula
Amount per share left=$2.31-($2.31×35%)
Amount per share left=$2.31-0.8085
Amount per share left=$1.50
Therefore How much per share is left for you after all taxes are paid will be $1.50
Answer:
$0.69 million or $690,000
Explanation:
Value of Firm Vₐ = $24.7 million
Debt D = $5.5 million
Shares S = 390,000 * 51 = $19.89 million
Therefore Value Vₓ = 5.5 + 19.89 = $25.39 million
We would expect Vₐ and Vₓ to be the same value. Therefore the decrease in the value of the company due to expected bankruptcy costs is
= $25.39 million - $24.7 million
= $0.69 million
Answer:
Direct material price variance= $13,800 unfavorable
Explanation:
Giving the following information:
Simpleton, Inc. budgeted a material cost of $10 per lb.
Actual:
2,300 lbs at $16 per lb.
<u>To calculate the direct material price variance, we need to use the following formula:</u>
<u></u>
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (10 - 16)*2,300
Direct material price variance= $13,800 unfavorable
Answer:
D
Explanation:
A change in quantity supplied is as a result of a change in the price of the good. This change in the price leads to a movement along the supply curve. If price increases, there is an upward movement up along the supply curve and if there is a decrease in price, there is a movement down the demand curve.
A change in supply is caused by other factors other than price. Some of these factors include :
- A change in the number of suppliers
- The cost in the price of raw materials needed in the production of the good.
A change in supply leads to a movement outward or inward
Answer:
(i) $940 billion
(ii) $380 billion
(iii) -$80 billion
(iv) $300 billion
Explanation:
Income, Y = $1,500 billion
Government spending, G = $260 billion
Taxes, T = $180 billion,
Investment spending, I = $300 billion
As Y = C + G + I
Consumption spending, C = $1,500 - $260 - $300
= $940 billion
Private savings = Y - T - C
= $1,500 - $180 - $940
= $380 billion
Public saving = T - G
= $180 - $260
= -$80 billion
National saving = private + public
= $380 - $80
= $300 billion
