The accounting profit of Jarod based on the information regarding rent, wages, etc given will be $55000.
It should be noted they the formula for calculating accounting profit will be:
= Total revenue - Explicit cost
Total revenue will be:
= $65 × 4000
= $260,000
Explicit cost is the direct cost that a business spends. This will be:
= $60000 + $120000 + $25000
= $205,000
Therefore, the accounting profit will be:
= $260000 - $205000
= $55,000
The accounting profit is $55000.
Read related link on:
brainly.com/question/25373796
Answer:
$6.29
Explanation:
Dividend is $1.31 per share
Decreased by 4%
Required return is 16%
Therefore:
Price = [$1.31 × (1 - .04)]/[.16 - (-.04)] = $6.29
Answer:
equivalent unit of production for period in conversion cost is 42000 EU
Explanation:
Given data
during period P = 35000 units
ending work W = 14000 units
complete C% = 50%
to find out
equivalent units of production
solution
we know that 35000 units work is complete and transferred during period and
50% complete with ending work 14000 units
so that
Equivalence unit production is W x C% + P
= 14000 x 50% + 35000 = 42000
so equivalent unit of production for period in conversion cost is 42000 EU
In this type of situation, both Ramsay and the company will be investigated for the tax fraud case. Even if Ramsay was found not guilty, the company will still be investigated since the company is a separate entity and there is an alleged big amount hidden in company's assets. If the company is found guilty, it will still be liable for the case even if Ramsay was found not guilty. Most likely, the investigators will try to tie the case back to him anyway since he is one of the main representatives of the company.
There are 3 systems as far as considering the percentage, they are progressive, regressive and proportional, progressive is good as the rate of tax increases proportionally as the income increases...taxes can be used for long term development projects which will eventually be fruitful for the economy.
