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3 years ago

Answer correctly or it will be deleted whos my favorite player

Business

2 answers:

xenn [34]3 years ago

5 0

Answer:

Player for what?

Explanation:

If it's football then... Lamar Jackson???

Svet_ta [14]3 years ago

3 0

Answer:

Playboy

Explanation:

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The Real Estate Products Division of McKenzie Co. is operated as a profit center. Sales for the division were budgeted for 2019

garri49 [273]

Answer:

Requirement: <em>Prepare a responsibility report for the Real Estate Products Division of McKenzie Co for 2019. </em>

Note: See missing word attached as picture below

Responsibility report 2019

Budget Actual Difference

Sales $1,250,000 $1,175,000 75000 U

Variable costs

Cost of goods sold 610,000 545,000 65000 F

Selling & Admin 80,000 82,000 2000 U

Total $690,000 $627,000 63000 F

Contribution Margin $560,000 $548,000 12000 U

Controllable fixed cost

Cost of goods sold 130,000 140,000 10000 U

Selling & Admin 120,000 100,000 20000 F

Total $250,000 $240,000 10000 F

Controllable Margin $310,000 $308,000 2000U

8 0

3 years ago

New Products pays no dividend at the present time. Starting in Year 3, the firm will pay a $0.25 dividend per share for two year

In-s [12.5K]

Answer:

You should pay $3.86 to purchase this stock.

Explanation:

Hi, first let me mention that we can find the price of a stock by bringing to present value its future cash flows, in this case, its dividends, therefore we need to bring to present value $0.25 of year 3 and $0.25 of year 4. We also have to bring that constant dividend of $0.75 that the company plans to pay indefinitely, that we can do by using the following formula, discounted at 13%.

$PV(4)=\frac{Constant Dividend}{Discount Rate}$

Notice that the formula above says PV(4), that is because this formula only brings that perpetual annuity to one period of time before the first payment takes place, therefore this value has to be brought to present value too.

With all the considerations above, this is how everything should look like.

$Price=\frac{0.25}{(1+0.13)^{3} } +\frac{0.25}{(1+0.13)^{4} } +\frac{0.75}{0.13} *\frac{1}{(1+0.13)^{4} }$

$Price=0.17+0.15+3.54=3.86$

Therefore, the price of this stock is $3.86

Best of luck.

6 0

4 years ago

A company investing borrowed funds expects to earn a return greater than the interest it will pay for the use of funds is using

Naddika [18.5K]

Answer:

Financial leverage

Explanation:

Financial leverage is defined as the use of borrowed funds to perform a business activity or investment that is expected to have higher returns than the cost of borrowing the money (interest).

When a company is looking for funds for its activities there are 3 options they can use: equity, debt, or lease.

Use of equity is the only option where no extra cost is incurred for use of funds.

When using debt or lease cost of use is incurred. The business will need to engage in an activity that will give it revenue above cost of debt.

This practice is called use of financial leverage.

3 0

4 years ago

XYZ plans to sell 28,000 units in April. If it has 6,000 units on hand at the start of the month, and plans to have 9,000 units

Evgen [1.6K]

Answer:

Purchases= 31,000

Explanation:

Giving the following information:

Sales= 28,000 units

Beginning inventory= 6,000 units

Desired ending inventory= 9,000 units

<u>To calculate the purchases, we need to use the following formula:</u>

Purchases= sales + desired ending inventory - beginning inventory

Purchases= 28,000 + 9,000 - 6,000

Purchases= 31,000

6 0

3 years ago

The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both taxes are applied to the first $7,000 of an employee's pa

Vera_Pavlovna [14]

Answer:

The amount of unemployment taxes the employer must pay on this employee's wages for the current period is $72.00

Explanation:

Amount of unemployment taxes

= FUTA tax + SUTA tax

= ($7000 - $5800)*0.6% + ($7000 - $5800)*5.4%

= $7.20 + $64.80

= $72.00

Therefore, The amount of unemployment taxes the employer must pay on this employee's wages for the current period is $72.00

3 0

4 years ago