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2 years ago

Fill in the blanks for each of the following independent cases.

Business

1 answer:

denis-greek [22]2 years ago

4 0

The correct form to fill the blanks of the following independent cases is:

<u>Case Revenues variable Fixed Total operating contribution </u>

<u> cost cost cost income margin Contribution</u>

a 2400 600 200 800 1600 75% 1800

b 2500 1400 200 1600 900 44% 1100

c 500 300 200 500 0 40% 200

d 1200 900 200 1100 100 25% 300

The below formulas should be used:

Contribution = Revenues - variable cost.

Contribution margin = contribution ÷ revenue.

Operating income = Revenue - total cost

Total cost = fixed cost + variable cost

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In 2020, HD had reported a deferred tax asset of $130 million with no valuation allowance. At December 31, 2021, the account bal

Ray Of Light [21]

Answer:

The income tax expense for 2021 income statement is $101 million as computed in the explanation section below.

Explanation:

The income tax expense in the year 2021 is the income taxes payable while adding the reduction in deferred tax asset or deducting the increase in deferred tax asset plus the portion of the current deferred tax asset not realizable using the applicable tax rate as found below:

Income tax payable $90 million

deduct;increase in deferred tax asset($170-$130) ($40 million)

Add;unrealized deferred tax asset($170*30%) $51 million

Income tax expense for 2021 income statement $101 million

6 0

2 years ago

If the domestic demand curve is Equal 20p Superscript negative 0.5, the domestic supply curve is Equal 5p Superscript 0.5, and

pishuonlain [190]

Answer:

$52

$ 1.33

consumer price will increase
consumer surplus will decrease
import will decrease
reduced export
portends gloom for the general outlook for the economy

Explanation:

Given domestic demand curve, S(p) = 20p⁻⁰°⁵

the domestic supply curve S(p)= 5p⁰°⁵

world price is $7.00

using calculus to determine the changes in consumer surplus

by consumer surplus means in this case supply exceeds demand

we establish the equilibrium point where the supply and demand functions meet or are equal

solving 20p⁻⁰°⁵ = 5p⁰°⁵

20/5 = p⁰°⁵/p⁻⁰°⁵

4 = p⁰°⁵⁺⁰°⁵

4= p = q which is the quantity produced

consumer surplus = maximum price willing to pay - Actual price

= ∫⁴₀ dp dp - p* q

= ∫⁴₀20p⁻⁰°⁵ dp- 7* 4

= 20∫⁴₀p⁻⁰°⁵ dp -28

= 20/0.5 p⁰°⁵- 28

= 40 *4⁰°⁵ - 28 = $52

producer surplus = it is a measure of producer welfare. It is measured as the difference between what producers are willing and able to supply a good for and the price they actually receive

thus producer surplus = p* q - ∫⁴₀ d(s) dp

= 7 * 4 - ∫⁴₀ 5p⁰°⁵ dp

= 28 - 5 ∫⁴₀ p⁰°⁵ dp

= 28 -5 *2/3 p¹°⁵

= 28 -5 *2/3 4¹°⁵

=$ 1.33

welfare from eliminating free trade

consumer price will increase
consumer surplus will decrease
import will decrease
reduced exports

portends gloom for the general outlook for the economy

5 0

3 years ago

________ staffing policy can be expensive to implement because training and relocation costs increase when transferring managers

BlackZzzverrR [31]

Answer:

The correct answer is A geocentric.

Explanation:

According to Simon L. Dolan in his book "Human Resource Management", there are four approaches to international human resource management:

Ethnocentric approach: According to this, the headquarters controls the human resources activities, and it is the expatriates from the country of origin who run the subsidiaries.
Polycentric approach: Each country is treated as an independent entity, in which some decisions are made locally.
Regiocentric approach: staff can be promoted within a region, but usually never to headquarters.
Geocentric approach: A transnational philosophy is adopted, seeking personnel with the highest qualification regardless of their nationality.

The process of expatriation of employees constitutes one of the greatest challenges that the organization faces throughout the process.

8 0

3 years ago

Schrade Company bought a machine for $128,000 cash. The estimated useful life was four years and the estimated residual value wa

zzz [600]

Answer:

Net book value (NBV) at the end of Year 2, under:

straight-line method is $67,250
units-of-production method is $21,800
double-declining balance is $32,000

If there is need for NBV for Year 1, simply subtract the depreciation for Year from the cost.

Explanation:

Under straight-line method, depreciation expense is (cost - residual value) / Estimated useful life = ($128,000 - $6,500) / 4 years = $30,375 yearly depreciation expense.

Accumulated depreciation for 2 years is $30,375 x 2 years $60,750.

The net book value of the asset (cost - accumulated depreciation) is: $128,000 - $60,750 = $67,250.

The unit-of-production method is used when the asset value closely relates to the units of output it is able to produce. It is expressed with the formula below:

(Original Cost - Salvage value) / Estimated production capacity x Units/year

At Year 1, depreciation expense (DE) is: ($128,000 - $6,500) / 135,000 units x 58,000 units = $52,200/year

At Year 2, depreciation = ($128,000 - $6,500) / 135,000 units x 60,000 units = $54,000/year

Accumulated depreciation for 2 years is $52,200 + $54,000 = $106,200.

Note that this depreciation method results in higher depreciation charge when the asset is heavily used, at this time, it was in year 2.

The NBV under this method is is: $128,000 - $106,200 = $21,800.

The double-declining method is otherwise known as the reducing balance method and is given by the formula below:

Double declining method = 2 X SLDP X BV

SLDP = straight-line depreciation percentage

BV = Book value

SLDP is 100%/4 years = 25%, then 25% multiplied by 2 to give 50%

At Year 1, 50% X $128,000 = $64,000

At Year 2, 50% X $64,000 ($128,000 - $64,000) = $32,000

Accumulated depreciation for 2 years is $64,000 + $32,000 = $96,000.

The NBV under this method is is: $128,000 - $96,000 = $32,000.

6 0

3 years ago

Megan and Steve have found a home they want to purchase. The selling price is $320,000. They will put 20% down and get a 30 year

Kryger [21]

Answer:

c. $1,934.85

Explanation:

given data

selling price is $320,000

down payment = 20 %

APR r = 6% = 0.005 monthly

Insurance amount i = $1,800 per year

taxes T = $3,000 per year

Total time period n = 30 year = 360 months

solution

first we get here Principal Amount on the Loan that is

P = $320,000 - 20% down payment

P = $320,000 - $64,000 = $256,000

and now we get here Monthly PITI Payment that is express as

C = $\frac{r\times P }{1-(1+r)^{-n}} + \frac{T}{12} + \frac{i}{12}$ ...............1

C = $\frac{0.005 \times 256000 }{1-(1+0.005)^{-360}} + \frac{3000}{12} + \frac{1800}{12}$

so The Monthly Payment is $1934.85.

correct answer is c. $1,934.85

4 0

3 years ago