A company had 6,950,000 net income for the year. Is net sales were 14,700,000 for the same period. Calculate its profit margin.

Assume that on September 30, 2017, Flyair, an international airline based in Germany, purchased a Jumbo aircraft at a cost o

Murrr4er [49]

Answer: Highest income=The units of Production method of depreciation with $3,412,500

Lowest income=double declining depreciation method with $18,000,000

Explanation:

a) Using Straight line depreciation method

(Cost of value - Salvage value)/ Useful life =(45,000,000 -6,000,000)/5 =$7,800,000

b)Using Units-of-production depreciation method

Depreciation Expense = (Cost – Salvage value) x (Number of units produced / Life in number of units)

=45,000,000 -6,000,000) x (350,000/4,000,000)= $3,412,500

b)Using Double-declining-balance depreciation method

Depreciation Expense = Beginning book value x Rate of depreciation

Rate of depreciation = 100% / useful life x 2= 100/5 x2 = 40 %

Depreciation expense = 40 % x $45,000,000 =$18,000,000

or you use this method directly= 45,000,000/5 x 2= $18,000,000

Now the highest income will come from the depreciation with least expense and from our calculation, the depreciation method with the least expense is from The units of Production method with $3,412,500

In the same vein, the lowest income will come from the most depreciation expense, therefore the most depreciation expense is from the double declining method with $18,000,000

6 0

3 years ago

Straitway Company encourages its managers to behave ethically, reasoning that the employees will take their cues from management

inna [77]

Answer:

Demonstrate a commitment to ethical decision making

Explanation:

The most important way to maintain ethical behavior at workplace for management is to demonstrate a commitment to ethical decision making. Because it is the management who can commit to demonstrate ethical decision making which will encourage the employees to behave similarly which is ethically and hence the workplace environment will become ethical.

3 0

3 years ago

Read 2 more answers

When you are a shareholder (an owner of stock), you can vote on issues that affect that company. And you are allowed to attend m

sergey [27]

You can vote and attend these meetings. Shareholders have a right to vote on certain actions, elect members, and approve new securities or payment of dividends. In which shareholders can vote at the company’s annual meetings.

4 0

3 years ago

Seminole Corporation common stock currently sells for $32 per share. The firm recently paid a dividend of $1.25 per share. Flota

Tatiana [17]

Answer:

The cost of internal equity is 11.18%

Explanation:

The constant growth model of DDM can be used to calculate the price of a stock if the growth rate in the dividend is expected to remain constant. The DDM values the stock based on the present value of the expected future dividends from the stock.

The formula for price today under DDM is,

P0 = D0 * (1+g) / r - g

We already know the P0, the D0 and the g. We can plug in these values in the formula to calculate r which is the cost of equity capital.

32 = 1.25 * (1+ 0.07) / (r - 0.07)

32 * (r - 0.07) = 1.3375

32r - 2.24 = 1.3375

32r = 1.3375 + 2.24

r = 3.5775 / 32

r = 0.11179 or 11.179%

6 0

3 years ago

Under the__________, success is usually measured by how well companies achieve recruitment, promotion, and retention goals for w

m_a_m_a [10]

Answer: discrimination and fairness paradigm (C)

Explanation:

Discrimination and fairness paradigm is a common form of diversity management that focuses on fair treatment, and equal opportunity for the recruitment of minorities, and also complying strictly with the equal employment laws.

In discrimination and fairness paradigm, success is measured by how companies accomplish their recruitment, promotion, and retention goals for people of different race, women, or ohee ethnic groups. The main benefit is that it usually brings about fairer treatment of the employees and there's an increase in demographic diversity.

4 0

3 years ago