Blue Collar. The term blue collar, conversely, refers to workers whose work requires manual labor. Their work can be skilled or unskilled and can fall into any number of industries. ... Blue collar workers are generally paid an hourly wage rather than a salary.
Answer:
$29
Explanation:
Calculation to determine what any sales to Division B should be priced no lower than:
First step is to calculate the Profit
Profit = [$30 - ($18 + $3) ]*50,000
Profit= $9 * 50,000
Profit= $450, 000
Second step is to calculate the new variable cost
New variable cost = $18 - $1
New variable cost= $17
Now let determine the any sales to Division B should be priced no lower than:
Let x represent what Division B should be priced no lower than
[x - ($17 + $3) ] * 50000=450000
x - 20 = 450000/50000
x - 20 = 9
x = 9 + 20
Hence:
x = $29
Therefore From the point of view of Division A, any sales to Division B should be priced no lower than:$29
Answer:
The alternative that should be chosen assuming identical replacement is:
Alternative B.
Explanation:
a) Data and Calculations:
Alternatives:
A B
First Cost $5,000 $9,200
Uniform Annual Benefit $1,750 $1,850
Useful life, in years 4 8
Rate of return 7% 7%
Annuity factor 3.387 5.971
Present value of annuity $5,927.25 $11,046.35
Net cash flow $927.25 $1,846.35
b) Alternative B yields a higher return than Alternative A. Since the two alternatives are based on the same rate of return, Alternative B will bring in a higher annual benefit, even when discounted to the present value.
Answer:
$2,000 long term capital gain
Explanation:
As per the data given in the question,
Stock basis = $10,000
At the end stock basis = 0
Basis reduced to = $8,000
Operating income = $10,000
Company makes distribution = $8,000
Here, The distribution will be reduced from stock basis
= $10,000 - $8,000
= $2,000 long term capital gain
Hence, he states that it leaves $2,000 as stock basis.
The journal entries are given below:
- For recording the accrued interest:
On Dec. 31
Interest Receivable $240
To Interest Revenue $240
(To record the accrued interest)
- For recording the receipts from the borrower
On Feb 1
Cash $9,920
To Interest Receivables $240
To Interest Revenue $80
To Notes Receivables $9,600
(To record the amount received from the borrower)
In this way, the journal entry should be prepared.
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