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3 years ago

Position on human trafficking in south Africa

Business

2 answers:

maksim [4K]3 years ago

7 0

Answer:

In terms of human trafficking, South Africa is on the "Tier 2 Watchlist." The US Department of State uses a variety of approaches to monitor the extent of ongoing human trafficking in a given region. Tier 2 Watchlist countries are at the same level as Tier 2, but they are seeing an increase in illegal activity.

4vir4ik [10]3 years ago

4 0

Answer:

South Africa is considered to be on the “Tier 2 Watchlist” for human trafficking. The U.S. Department of State has several methods to track the levels of ongoing trafficking in a given country. ... The Tier 2 Watchlist is the same level as Tier 2, but these countries have increasing levels of criminal activity.

Explanation:

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For the year ended December 31, 2021, Norstar Industries reported net income of $655,000.

iragen [17]

Answer:

Earnings per share = $0.64

Explanation:

To calculate the Earnings per share, we first need to compute weighted average number of shares:

Jan.1: 900,000 * (12/12) = 900,000 * 1.05 = 945,000

Apr.30: 60,000 * (8/12) = 40,000 * 1.05 = 42,000

Jun.1: 72,000 * (7/12) = 42,000

Weighted Average No. of Shares Outstanding = 1,029,000

Note: We multiplied by 1.05 factors on Jan.1 and Apr.30 to account for 5% declared and distribution of a stock dividend.

Earnings Per Share = Net Income

Weighted Average No.of Shares Outstanding

Earnings Per Share = 655,000

1,029,000

Earnings Per Share = $0.64

7 0

3 years ago

The Sneed Corporation issues 10,000 shares of $50 par value preferred stock for cash at $70 per share. The entry to record the t

klio [65]

Answer:

Preferred stock for $500,000 and additional paid in capital for $200,000

Explanation:

Based on the information given The appropiate journal entry to record the stock issue will consist of a debit to cash for $700,000 and a credit to PREFERRED STOCK FOR $500,000 AND ADDITIONAL PAID IN CAPITAL FOR $200,000

Dr Cash $700,000

(10,000 shares *$70)

Cr Preferred stock $500,000

(10,000 shares *$50)

Cr Additional paid in capital $200,000

($700,000-$500,000)

8 0

3 years ago

Which budgeting approach is often used when the relationship between inputs and outputs are weak or nonexistent

lianna [129]

Answer:

Incremental approach.

Explanation:

A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year. Budgets are usually compiled, analyzed and re-evaluated on a periodic basis.

Basically, the first step of the budgeting process is to prepare a list of each type of income and expense that will be integrated or infused into the budget.

This ultimately implies that, before preparing a budget, it is of utmost importance to know total income (inflows) and expenses (outflows).

The final step to be made by the management of an organization in the financial decision-making process is to make necessary adjustments to the budget.

In Business management, an incremental approach is a budgeting approach which is often used when the relationship between inputs and outputs for a particular project are weak or nonexistent. Thus, the incremental approach involves selecting the actual performance or current (previous) year's budget as a base while adding incremental amount of money for the new budget period.

This ultimately implies that, the actual performance or current (previous) year's budget are only taken as a starting point.

4 0

2 years ago

The following information is for Alex Corp: Product X: Revenue $15.00 Variable Cost $2.50 Product Y: Revenue $25.00 Variable Cos

ra1l [238]

Answer:

The break even point in units is 3750 units.

Explanation:

The composite break even point is the break even point in units calculated for a business having more than 1 product. The composite break even point is calculated by dividing the fixed costs by the weighted average contribution per unit.

Break even point in units = Fixed cost / Weighted average contribution per unit

The weighted average contribution per unit can be calculated using the following formula:

Weighted average CM per unit = (Weight of Product X in sales mix * Contribution per unit of Product X) + (Weight of Product Y in sales mix * Contribution per unit of Product Y)

Total units in sales mix = 2 of X + 1 of Y = 3

Contribution margin per unit = Selling price per unit - Variable cost per unit

Weighted average contribution per unit = [ 2/3 * (15 - 2.5) + 1/3 * (25 - 10)]

Weighted average contribution per unit = $13.33333333 per unit

Break even point in units = 50000 / 13.33333333

Break even point in units = 3750 Units

8 0

3 years ago

Problem 10-9 (Algo) Interest capitalization; specific interest method [LO10-7] On January 1, 2021, the Mason Manufacturing Compa

disa [49]

Answer:

2021 avoidable interest $453,000

2022 avoidable interest$ 382,348.50

Total Cost: 8,565,348.50

Interest expense 2021: $ 967,000

Interest expense 2022: $ 1,037,651.5‬

Explanation:

First, we solve for the weighted capitalized expenditures:

construction capitalized interest

Month Nominal Weight Weighted

Jan 1 1,680,000.00 1 1,680,000.00

March 1 1,260,000.00 0.83 1,050,000.00

June 30 1,460,000.00 0.5 730,000.00

October 1 1,260,000.00 0.25 315,000.00

3,775,000.00

Specific borrowing

3,775,000 x .12 = 453,000.00

As we don't have more expenditure subject to capitalization we avoid this interest.

2022

Month Nominal Weight Weighted

Jan 1 3,775,000.00

Jan 31 $ 369,000.00 0.11 41,000.00

April 30 $ 702,000.00 0.55 390,000.00

August 31 $ 999,000.00 0.11 111,000.00

4,317,000.00

Then, we solve for the capitalized interest:

specifit interest:

4,000,000 x 12% x 9/12 = 360,000.00

weigthed rate for non-specific borrowing:

principal rate interest

3,000,000 0.08 240,000

7,000,000 0.1 700,000

10,000,000 940000

total interest / total principal 0.094

317,000.00 x 0.094 x 9/12 = 22,348.50

total interest capitalized $ 382,348.50

Total cost of the building:

sum of capital expenditures nominal:

7,730,000.00

plus capitalized interest 2021:

453,000

plus capitalized interest 2022:

382,348.50

Total Cost: 8,565,348.50

Interest expense 2021:

480,000 specific borrowing + 940,000 non-specifit - 453,000 avoided

967,000

Interest expense 2022:

480,000 specific borrowing + 940,000 non-specifit - 382,348.50 avoided

1.037.651,5‬

6 0

3 years ago

Position on human trafficking in south Africa​

Position on human trafficking in south Africa