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2 years ago

You have the following information

Business

1 answer:

stira [4]2 years ago

3 0

Answer:

$50

Explanation:

Net income will be the difference between the selling price and the Cost price.

Cost price is $1000

net profit margin is 5%, selling price will be

=$1000 + profit margin

= $1000 + (5/100 x 1000)

=$1000 + $50

=$1050

Net income = $1050 -$50

=$50

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Fast Turnstiles Co. is evaluating the extension of credit to a new group of customers. Although these customers will provide $41

k0ka [10]

Answer:

Follows are the solution to this question:

Explanation:

In point A-1:

Calculating the value of Incremental sales after tax:

Further revenues= $414,000

Recognize(Less)=Costs

Debt worth =$33,120

Set Exp. = $17,400

Production and commercialization cost= $314,640

Pre-sales tax =$48,840.

Lower: 35% tax = $17,094

Incremental tax income =$31,746

In point A-2:

Determine profits for extra expenditure

Extra spending on debts $= \frac{ \$ 414,000}{\$ 5}$

$= \$ 82,800.$

Return on the Expenditure $= \frac{\$ 31746}{ \$ 82800}$

$= 38.34 \%$

In point A-3:

Yeah, For the Fast Turnstiles company must provide certain consumers with loans.

In point B-1:

Incremental taxes after-tax calculation:

Further sales = $ 414,000

Return: Costs

gross debt= $45,540

Set Exp = $17,400

Cost for production and marketing = $314,640

Net profits=$ 36,420

Without tax 35% = $12,747

Incremental tax revenue= $23,673

In point B-2:

Determine profits for extra expenditure

Extra investment in debts $= \frac{ \$ 414,000 }{ \$ 5}$

$= \$ 82,800$

Incremental return on that investment $= \frac{\$ 23673}{\$ 82800}$

$= 28.59 \%$

In point B-3:

Yeah, The Fast Turnstiles company must provide to certain consumers to credit.

In point C-1:

The incremental tax revenue estimate

$414,000 = excess revenue

Remember Costs

Debt worth= $ 33,120

set Exp = $17,400

Production and commercialization cost= $314,640

Pre- sales tax = $48,840.

Less: 35% Tax = $17,094

Incremental tax income= $31,746

Calculate profits for extra expenditure

Extra Accounting Investment $= \frac{\$ 414000}{1.6}$

$= \$ 258750$

Incremental Return $= \frac{\$ 31,746} {\$ 258,750}$

$= 12.27 \%$

In point C-2:

Yeah, its credit should be granted to all these consumers through Fast Turnstiles company limited.

3 0

3 years ago

Congressman Smith and Congresswoman Johnson both consider themselves advocates for the national parks and are introducing differ

Hunter-Best [27]

Answer:

Congressman Smith's bill because it will reduce the overuse of the parks

Explanation:

When people use the park, their activities are more likely to create some sort of degradation to the parks quality. For example, children can spoil their drinks and foods there, pulling out the grass, destroying the land while playing sports, etc.

As the price of a certain product increase, the demand for that product would decrease. Increasing the entrance fees will lead lesser amount of people who enter the park. This will minimize the degradation process

6 0

3 years ago

Muhammad, a 21-year old computer engineer, is opening an individual retirement account (IRA) at a bank. His goal is to accumulat

zavuch27 [327]

Answer:

The first annual depoisit will be of 3,373.49 dollars

Explanation:

Given the formula for future growing annuity

we need to solve for the yearly payment:

grow rate: 0.04

annual effective rate: 8% compounding semiannually:

$(/1+0.08/2)^2-1 = r_e\\$

r= 0.0816

FV 2,500,000

n 46

Formula for future value fo an ordinary annuity:

$C_0 \times \frac{(1+r)^n-(1+g)^n}{r-g} = FV$

$C_0 \times \frac{(1+0.0816)^{46}-(1+0.04)^{46}}{0.0816-0.04} = 2,500,000\\C_0 = $3,373.4855$

The first annual depoisit will be of 3,373.49 dollars

3 0

3 years ago

Venetian Company has two production departments, Fabricating and Assembling. At a department managers meeting, the controller us

olchik [2.2K]

Answer:

Fabricating Department = $136470= 53000 +total 49100 of $1.7 per direct labor hours

Assembling Department = $$ 90,410= 43000 +total 43100 of $ 1.10 per direct labor hours

Explanation:

When a fixed line intersects a vertical axis at the point of total budgeted cost line represents total cost of the activity . From this we can calculate the following.

Fabricating Assembling

Total Cost for 46100 DLH $131,370 $93,710

Fixed Costs (53000) (43,000)

Variable Costs 78370 50,710

Variable Cost Per hour 78370 / 46100 50,710 / 46100

= $ 1.7 = $1.10

Fabricating Assembling

Total DLH 49100 43100

Variable Cost Per hour $ 1.7 $1.10

Variable Costs $ 83470 $ 47410

Fixed Costs 53000 43,000

Total Budgeted Cost 136470 $ 90,410

6 0

3 years ago

Sonic sells the rights to use the business name and sell its products and services to others in a given territory. This arrangem

Ket [755]

Answer:

Sonic sells the rights to use the business name and sell its products and services to others in a given territory. This arrangement is called a franchise agreement.

Explanation:

The franchise agreement can simply be described as a legal agreement for binding of two or more companies. The agreement carries all the terms and conditions under which the two companies will work together. In such a kind of agreement, the owner of a business gives the rights of using the company name to another person or another company. The other company also gets the rights to sell products under the name of that company. In return, they agree to pay a commission or a part of their revenue as franchise fees.

5 0

3 years ago