Answer:
The answer is B.
Explanation:
Taxes are compulsory payment levied by a government of a country. It is not voluntary.
We have direct and indirect tax.
Direct taxes are those taxes that are imposed on individual and company. A company is charged at a rate after its profit is known. An individual earning salary is charged before the salary is collected.
Indirect taxed are those levied on goods and services. These types of taxed are pass on to the consumers in form of price of goods.
Tax is mandatory for everyone. Its a revenue for government
Answer:
11.2%
Explanation:
We need to calculate the weighted return of the portfolio. You have to multiply each stock's weight by the expected return.
- Stock X = 0.30 x 9% (expected return) = 2.7%
- Stock Y = 0.20 x 15% (expected return) = 3%
- Stock Z = 0.50 x 11% (expected return) = 5.5%
- weighted return of the portfolio = 2.7% + 3% + 5.5% = 11.2%
Answer:
$0.51
Explanation:
The computation of the predetermined overhead rate. The formula is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)
where,
Estimated overhead costs for the year is $25,000
And, the estimated direct labor cost would be
For Totes
= $52 × 500 units
= $26,000
For Satchels
= $65 × 360 units
= $23,400
So, the total direct labor cost would be
= $26,000 + $23,400
= $49,400
Now put these values to the above formula
So, the value would equal to
= $25,000 ÷ 49,400
= $0.51
Answer:
$19.80
Explanation:
The Diluted EPS of Dulce Corporation shall be determined through the following mentioned formula:
Diluted EPS=Net income/Number of outstanding shares
Net income= $4 million
Number of outstanding shares=Common stock shares+shares issued for free due to share options
Common stock shares=200,000
shares issued for free due to share options=Number of options*Intrinsic value/market price of common shares
Number of options=10,000
Intrinsic value=market price-exercise price=$25-$20=$5
Shares exercised due to share options=10,000*5/25=2,000
Diluted EPS=$4,000,000/200,000+2,000
=$19.80
Answer:
9.61 years
Explanation:
For this question , we use the NPER formula that is presented in the attached spreadsheet
Given that,
Present value = $12,000
Future value = $30,000
Rate of interest = 10%
PMT = $0
The formula is shown below:
= NPER(Rate;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the answer is 9.61 years
