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3 years ago

!! PLEASE HELP !!

Business

1 answer:

maksim [4K]3 years ago

3 0

Answer:

Ms. Woods is using the better procedure.

Explanation:

Although is not necessary to prepare a balance sheet and an income statement daily, they should be prepared as often as feasibly possible anyway, because both financial statements provide crucial information to take decisions.

The balance sheet provides a snapshot of the assets, liabilities and equity of the firm, while the income statement provides a more fluid picture of what the firm has earned in the form or revenue, and lost in the form of expenses, over a specific period of time.

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Thomas Marley Fitness Gym has $ 700 comma 000 of 20-year bonds payable outstanding. These bonds had a discount of $ 77 comma 00

Aleks04 [339]

Answer:

$661,500

Explanation:

Given that

Bonds payable $700,000

Discount of issuance = $77,000

The computation of current carrying amount is shown below:-

Current carrying amount = Bonds payable - discount on bonds payable

Discount on bonds payable = Discount at issuance (Issuance ÷ Years bonds payable)

= $77,000 × (10 ÷ 20)

= $38,500

Now we put it into formula

= $700,000 - $38,500

= $661,500

3 0

3 years ago

Mossfeet Shoe Corporation is a single product firm. The company is predicting that a price increase next year will not cause uni

FinnZ [79.3K]

Answer:

Explanation:

The Contribution Margin Ratio is the ratio of contribution margin to sales revenue.

Contribution Margin Ratio = contribution margin / sales revenue

Contribution Margin = sales price - variable cost

If the sale price is increasing, and the variable cost remains the same, the contribution margin is going to increase.

Break even point shows the amount of sales volume where the total cost is equal to the company´s full income. The point where total costs are equal total revenue is known as the break even point.

If sales increase, and the costs remains the same, the break even point is going to decrease.

7 0

2 years ago

What are the consequences of not notifying your reference of their inclusion in your job

lawyer [7]

Answer:

they probably wouldn't take you as seriously

Explanation:

I mean if you have references they know for sure that you are good.

4 0

2 years ago

Dickinson Company has $11,880,000 million in assets. Currently half of these assets are financed with long-term debt at 9.4 perc

Ronch [10]

Answer:

Dickinson Company

a) Effect of each plan on earnings per share:

Current Plan Plan D Plan E

Earnings per share $0.45 $0.36 $0.45

b-1) Earnings per share $0 $0 $0.14

b-2. Plan E would be most favorable if return on assets fell to 4.70%.

b-3 Earnings per share $0.93 $0.70 $0.76

b-4 Current Plan would be most favorable if return on assets increased to 14.4%.

c-1 Earnings per share $0.45 $0.36 $0.45

c-2 If the market price for common stock rose to $12 before the restructuring, Plan E would then be most attractive to the company as it would get additional paid-in capital of $1,485,000 ($4 * 371,250).

Explanation:

a) Data and Calculations:

Return on assets before interest and taxes = 9.4%

Tax rate = 40%

Current Plan Plan D Plan E

Assets $11,880,000 $11,880,000 $11,800,000

Long-term debt 5,940,000 5,940,000 2,970,000

New debt 2,970,000

Total debt 8,910,000

Common stock 5,940,000 5,940,000 8,910,000

Less repurchased shares (2,970,000)

New common stock 2,970,000

Interest rate of old debt 9.4% 9.4% 9.4%

Interest rate for new debt 11.4%

Stock par value $8 $8 $8

Return on assets before

interest and taxes $1,116,720 $1,116,720 $1,116,720

Interest expense 558,360 896,940 298,180

Return before taxes $558,360 $219,780 $837,540

Tax rate = 40% 223,344 87,912 335,016

Return after taxes $335,016 $131,868 $502,524

Shares outstanding 742,500 371,250 1,113,750

Earnings per share $0.45 $0.36 $0.45

Return on assets falling to 4.70%

Return on assets before

interest and taxes $558,360 $558,360 $558,360

Interest expense 558,360 896,940 298,180

Return before taxes $0 -$338,580 $260,180

Tax rate = 40% 0 0 104,072

Return after taxes $0 $0 $156,108

Shares outstanding 742,500 371,250 1,113,750

Earnings per share $0 $0 $0.14

Return on assets increasing to 14.4%:

Return on assets before

interest and taxes $1,710,720 $1,710,720 $1,710,720

Interest expense 558,360 896,940 298,180

Return before taxes $1,152,360 $431,380 $1,412,540

Tax rate = 40% 460,944 172,552 565,016

Return after taxes $691,416 $258,828 $847,524

Shares outstanding 742,500 371,250 1,113,750

Earnings per share $0.93 $0.70 $0.76

Market price for common stock rose to $12 before restructuring:

Return on assets before

interest and taxes $1,116,720 $1,116,720 $1,116,720

Interest expense 558,360 896,940 298,180

Return before taxes $558,360 $219,780 $837,540

Tax rate = 40% 223,344 87,912 335,016

Return after taxes $335,016 $131,868 $502,524

Shares outstanding 742,500 371,250 1,113,750

Earnings per share $0.45 $0.36 $0.45

6 0

3 years ago

Imagine that you are reading one of your favorite magazines. if you see a logo and recognize the brand as it is being presented

gizmo_the_mogwai [7]

Assuming you see a logo and recognize the brand as it is being presented to you, this is an example of Aided recall.

<h3>What is aided recall?</h3>

Aided recall can be defined as the process in which a person is being asked a question partaining to the advertisement he/she saw.

Aided recall in important as it help to create product awareness and it enables people to recognize a brand based on the advert they saw and to showcase their knowledge about the advert when asked.

Inconclusion this is an example of Aided recall.

Learn more about Aided recall here:brainly.com/question/24106562

3 0

1 year ago