Answer:
Amount of OASDI taxes to withhold = $35.34
Explanation:
Find:
Amount received in march = $320
Amount of salary = $250
Find:
Amount of OASDI taxes to withhold .
Computation:
OASDI tax rate = 6.2%
Total amount = Amount received in march + Amount of salary
Total amount = $320 + $250
Total amount = $570
Amount of OASDI taxes to withhold = Total amount × OASDI tax rate
Amount of OASDI taxes to withhold = $570 × 6.2%
Amount of OASDI taxes to withhold = $35.34
Answer:
1- a. A stock's intrinsic value is based on true investor return.
2- a. Most investors prefer companies that can rise prices beyond reasonable levels.
b. Successful companies can avoid raising external funds in the financial markets.
Explanation:
Intrinsic value of a company's stock is the real value of stock which is based on systematic factors affecting the company. The factors affecting the intrinsic value of company are usually internal factors. The performance of company management, employee satisfaction and its operational efficiencies are the factor which drive intrinsic value of a company.
Answer:
Operating income increases by $40,000.
Explanation:
Given that,
Total fixed costs = $840,000
Sale price per unit = $60
Variable cost per unit = $30
Additional amount spend on advertising = $35,000
Sales volume would increase by 2,500 units.
Contribution margin:
= Sales - Variable costs
= $60 - $30
= $30 per unit
Increase in operating income:
= Increase in contribution margin - Increase in Fixed costs
= ($30 × 2,500 units) - $35,000
= $75,000 - $35,000
= $40,000
Answer:
AEC needs rubber to make its seals too. Oil is needed to produce rubber and, like coal and iron ore, oil is a natural resource. Without oil, AEC would have no rubber for seals. Natural resources are declining over time + coal reserves, especially, are running out.
