Answer: Company Pays $1640
Carol Bryd pays $410
Explanation:
The total bill is $2300 and the deductible needs to be taken out.
$2300-$250
=$2050
Company Payment.
Company Pays 80% which translates to 0.8
0.8*2050
= $1640 is the company Payment.
Carol then pays the difference which is
$2050 - $1640
= $410
Carol pays $410
Answer:
Irrelevant to the decision of whether to discontinue the product line because they will not differ between alternatives.
Explanation:
Fixed costs can be defined as expenses that remain constant during a particular period of time, these costs does not change with an increase or reduction in the volume of production. Fixed costs tends to remain the same even when the organisation experiences a massive sale of their products in the market. Example of fixed costs include rent, loan.
Unavoidable fixed costs can be described as the costs incurred by a company during the introduction of the product into the market. This type of cost does not have the tendency to fluctuate when the production process is discontinued.
Answer:
The cash flow to stockholders amounts to $45
Explanation:
Cash flow to stockholders is the term which is defined as the cash amount which the company pays out to the shareholders.
The cash flow to stockholders is computed as:
Cash flow to stockholders = Dividend paid - New equity raised
where
Dividend paid is computed as:
Dividend paid = Net Income × %
= $360 × 35%
= $126
New equity raised is $81
So, putting the values above:
Cash flow to stockholders = $126 - $81
Cash flow to stockholders = $45
Answer:
The primary purpose of a company's audit committee is to provide oversight of the financial reporting process, the audit process, the company's system of internal controls and compliance with laws and regulations. ... As such, CPAs report directly to the audit committee, not management.
Hope this helps.☝
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