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3 years ago

Within an organizational structure, the person most likely to be evaluated in terms of controllable costs would be:

Business

1 answer:

goldenfox [79]3 years ago

5 0

Answer:

B)A cost center manager.

Explanation:

These are the options for the question;

A payroll clerk.

B. A cost center manager.

C. A production line worker.

D. A maintenance worker.

E. A graphic designer.

A cost center managers are managers that are in charge of transactions that are charged to the center, they are responsible for the development of the

center budget of expenses as well as revenues for the coming year which is done annually. It should be noted that Within an organizational structure, the person most likely to be evaluated in terms of controllable costs would be A cost center manager.

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A bond that pays interest annually yields a rate of return of 7.50 percent. The inflation rate for the same period is 2 percent.

Jlenok [28]

Answer:

5.39%

Explanation:

Given that,

Bond that pays interest annually yields a rate of return = 7.50 percent

Inflation rate for the same period = 2 percent

Real rate = [(1 + nominal rate) ÷ (1 + inflation rate)] - 1

Real rate = [(1 + 0.0750) ÷ (1 + 0.02)] - 1

= (1.075 ÷ 1.02) - 1

= 1.0539 - 1

= 0.0539 or 5.39%

Therefore, the real rate of return on this bond is 5.39%.

7 0

4 years ago

Arts stream padhne se aacha to python ya java ki book pdf download kar lo usse padh lo

Advocard [28]

Answer:

Hahahahahahahha is it that much difficult

6 0

3 years ago

Interest versus dividend expense Michaels Corporation expects earnings before in- terest and taxes to be $50,000 for the current

Ganezh [65]

Answer:

a. In case of interest paid = $24,700.

b. In Case Preferred Dividend is Paid = $20,500

Explanation:

Earnings before Interest And Taxes (EBIT) = $50,000

a. In case of interest paid

EBIT = $50,000

Less: Interest = $12,000

Earnings Before Taxes = $50,000 - $12,000 = $38,000

Less: Tax @35% = $38,000 X 0.35 = $13,300

Earnings After Tax =$38,000 - $13,300 = $24,700.

This is the value available for common stock.

b. In Case Preferred Dividend is Paid

EBIT = $50,000

Less: Taxes @ 35 % = $50,000 X 0.35 = $17,500

Earnings After Tax = $50,000 - $17,500 = $32,500

Less: Preference Dividend = $12,000

Earnings available for equity or common stock = $32,500 - $12,000 = $20,500

The difference is of tax benefit on payment of interest as that is taxable and preference dividend is not taxable.

a. In case of interest paid = $24,700.

b. In Case Preferred Dividend is Paid = $20,500

7 0

3 years ago

Near the end of 2010, the ledger of Stivers Company included the following accounts and balances: Allowance for Doubtful Account

Minchanka [31]

Answer and Explanation:

The computation of the balances of the Allowance for Doubtful Accounts, Bad Debt Expense and Accounts Receivable is shown below;

For Accounts receivable

a) Opening balance $200,000 Debit balance

b) Current year credit sales (75% of $800,000) $600,000 Debit balance

c) (-) Current collection from accounts receivables -$450,000 Credit balance

d) (-) Bad debt expenses -$11,000 Credit balance

e) Closing balance of accounts receivables $339,000 Debit balance

for Allowance for Doubtful Accounts

Allowance required as per Current year analysis (2% of (75% of $800,000) $12,000 Credit balance

(-) Opening balance $1,000 Credit balance

$11,000 Credit balance

The journal entry is

Bad debt expense a/c …Dr 11000

To Allowance for Doubtful Accounts 11000

The Closing balance of Allowance for Doubtful Accounts 12000 Credit balance

For Bad debt expenses

The journal entry is

Bad debt expense a/c …Dr 11000

To Allowance for Doubtful Accounts 11000

The Closing balance of Bad debt expense account 0

7 0

3 years ago

Can someone help me and help me match these words to the correct picture

RUDIKE [14]

The telephone box and the other two about calls go to the bottom picture and the rest the top i would say

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3 years ago