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raketka [301]
3 years ago
6

Which of the following describes a common factor between the following places where vanilla beans are grown: Mexico, Tahiti, Ind

onesia, India, Uganda, and Papua New Guinea?
They are all near Central America.
They are all islands.
They are Spanish-speaking.
They are all at least partially tropical.
Business
1 answer:
Paladinen [302]3 years ago
8 0

Answer: they are all least partially tropical

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Which of the following statements is true? Tax rates refer to the percentage of income that is taxed, whereas tax revenues refer
ad-work [718]

Tax rates refer to the percentage of income that is taxed, whereas tax revenues refer to the dollars collected by the government in taxes.

7 0
4 years ago
The following information pertains to the three divisions of Merrymount Company: Division X Division Y Division Z Sales ? ? 1,25
Digiron [165]

Answer:

The average operating assets for Division Y = $125,000

Explanation:

Divisions                                     Y

Sales                                           ?

Net Operating Income           25,000

Average operating assets         ?

Return on Investment               20%

Margin                                       0.05

Turnover                                      ?

Target ROI                                  12%

Since we need average operating assets for division Y, we include those.

We know,

Return on Investment = Net Operating Income/ Average operating assets.

Return on investment is the ratio that is used to measure the company's profitability by using the efficient use of operating assets.

Therefore,

20% = $25,000/Average operating assets

Average operating assets x 20% = $25,000

Average operating assets = $25,000/20%

Average operating assets = $25,000/0.20

Average operating assets = $125,000

7 0
3 years ago
Ben and Carla Manchester plan to buy a condominium. They will obtain a $154,000, 25-year mortgage at 6.5 percent. Their annual p
enyata [817]

Answer: Total Monthly Payments = $1515.82

Explanation:

Present Value = $154000

n = 25 x 12 = 300

r = 6.5%/12

Payments = rPv/(1 - (1 + r)^-n)

Payments = 0.065/12 x (154000)/(1 - (1 + 0.065/12)^-300)

Payments = 834.166667/0.8022229250

Payments   = 1039.819037 = $1039.82.

Mortgage Loan Payments = $1039.82

Taxes per month = 2796/12 = $233

insurance per month = 1416/12 = $118

condo association = $125

Total Monthly Payments = 1039.82 + 233 + 118 + 125 = $1515.82

8 0
4 years ago
A company's planned activity level for next year is expected to be 200,000 machine hours. At this level of activity, the company
morpeh [17]

Answer:

a. $826,000.

Explanation:

The computation of the total manufacturing overhead is given below;

= (Indirect materials + indirect labor + factory supplies) ÷ expected machine hours × budgeted + (Depreciation + taxes + supervision)

= ($280,000 + $400,000 + $40,000) ÷ 200,000 × 160,000 + ($120,000 + $30,000 + $100,000)

= $826,000

Hence, the correct option is a.  

3 0
3 years ago
American General Company experienced the following accounting events during 2014:
12345 [234]

Answer:

1.  Operating Activities (OA)

2. Financing Activities (FA)

3. Financing Activities (FA)

4. Investing Activities (IA)

5. Operating Activities (OA)

6.  Operating Activities (OA)

7. Investing Activities (IA)

8. Financing Activities (FA)

9. Not applicable (NA)

10. Financing Activities (FA)

Explanation:

Statement of cash flows is one of the three major financial statements. The statement analyses the cash generated and cash expended by an entity in a given period. The statement collates the analysis under three categories

1. Operating Activities

2.Investing Activities

3.Financing Activities

Operating activities comprise of cash generated and expended by the entity on its normal business operation during the period. Examples of this are cash received from customers, cash paid to suppliers, rent paid to landlord, cash expenses paid etc.

Investing activities consist of cash activities involving acquisition and disposal of assets and investment. Examples of such are cash receipt from sales of equipment, cash spent on purchase of investment securities.

Financing activities are cash activities involving the entity and provider of capital, equity owner and debt holder. Example of such activities are cash generated from issuance of bond, cash dividend paid to equity owner.

4 0
4 years ago
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