The amount of net income reported on Sparty's income statement is $19,690.
<h3>
What is revenue?</h3>
- The total amount of income earned by the sale of goods and services connected to the principal operations of the firm is referred to as revenue in accounting.
- Commercial revenue is often known as sales or turnover.
- Some businesses make money by charging interest, royalties, or other fees.
<h3>What are dividends?</h3>
- A dividend is a profit distribution made by a corporation to its shareholders.
- When a corporation makes a profit or has a surplus, it can pay a portion of the earnings to shareholders as a dividend.
- Any money that is not dispersed is re-invested in the company.
<h3>Solution -</h3>
To find the amount of net income reported on Sparty's income statement, use the following formula:
Net Income = Gross Profit — Operating Expenses — Other Business Expenses — Taxes — Interest on Debt + Other Income
Net income = 80000 - 31000 - 11000 - 18130 = 19690
Therefore, the amount of net income reported on Sparty's income statement is $19,690.
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Answer:
Net present value of proposal $168,166
Explanation:
Check attachment
Answer:
How will the government’s budget deficit be affected by public infrastructure projects?
Explanation:
Macroeconomics is concerned with the general behavior and changes in the economy as a whole. Macroeconomics studies parameters that affect the entire economy, such as inflation, unemployment, national income, gross domestic product (GDP), and general price levels. It contrasts microeconomics, which studies the choices and behavior of individual households and industries.
A government's budget is for the entire economy. A deficit that affects public infrastructure projects will impact the country's economic development programs. Government spending forms part of fiscal policies that influence economic development in a country.
Answer:
aftertax cost of debt =5.63%
Explanation:
fisrt we need to know the formula for the yield to maturity
Yield to maturity (YTM)
YTM= ( I+(F-P)/n ) / ( 0.6P +0.4F)
YTM= (9 + ( 100-102.3) / 11 ) / (0.6*102.3 + 0.4*100)
YTM= 0.0867
YTM= 8.67%
after taxes we have...
8.67% (1-0.35%)
=0.0563
=5.63%
The vice-president of HR for Health Wizard, Inc. is designing a performance appraisal system that includes subordinate ratings of their supervisors.The supervisors are concerned about this and have raised all of the following objections EXCEPT (d) the concern that they will be rated on how nice they are to subordinates rather than their true supervisory performance
Explanation:
The rating of the sub-ordinates by their supervisors can not be considered as a perfect way for performance appraisal because it will be over-focused on the behavior of the sub-ordinate with their supervisors rather than the on the job performance.
The sub-ordinates who follow all the commands of their supervisors will be rated high rather than those who perform well on the task given to them
So the answer to the above question is (d) the concern that they will be rated on how nice they are to subordinates rather than their true supervisory performance