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3 years ago

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

Business

1 answer:

denis-greek [22]3 years ago

4 0

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

Case Revenues variable Fixed Total operating contribution

cost cost cost income margin Contribution

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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A company purchased new furniture at a cost of $14,000 on september 30. the furniture is estimated to have a useful life of 8 ye

Lesechka [4]

Answer: The company will record a depreciation of $375 as depreciation.

We begin by calculating the depreciable value of the asset.

$Depreciable Value = Purchase Price of the Asset - Salvage Value$

$Depreciable Value = 14,000 - 2,000 = 12,000$

The depreciable value is $12,000.

The useful life of the asset is 8 years from the date of purchase.

So, the depreciation for one year will be $\frac{Depreciable Value}{Useful Life}$ .

Hence the depreciation for one year is $\frac{12000}{8} = 1500$

Since the equipment was purchased at the end of September, we can only charge depreciation for 3 months on 31st December.

So, the depreciation expense will be $\frac{1500}{12} * 3 = 375$

8 0

3 years ago

Read 2 more answers

Marsha Mellow’s weekly gross earnings for the week ended May 23 were $1,250, and her federal income tax withholding was $201.65.

Nataliya [291]

Answer:

$954.60

Explanation:

Gross Pay: Gross income for an individual, also known as gross pay, is the individual's total pay from his employer before taxes or other deductions.

Net Pay: Gross income for an individual, also known as gross pay, is the individual's total pay from his employer after taxes or other deductions.

Particulars Amount Amount

Gross Pay $1,250

Withholding deduction:

Income tax ($201.65)

Social Security (1,250*0.06 = $75)

Medicare tax (1,250*0.015 = $18.75)

Net pay $954.60

8 0

3 years ago

How is your opportunity cost of taking this course online different than taking it on-campus?

olga_2 [115]

Answer:

Online classes is new trend now these days. Both ways have their own advantage and disadvantages.

Explanation:

Now these days the trend of online classes are on top. This is not a longer novelty. This mode of learning changes the structure and experience of the class.

It is not necessary that the changes could be right for all. There are some advantage of online classes.

Flexible schedule
Faster completion
To study anytime
To login from anywhere
To access the more colleges
No commute

It has potentially lower cost

But in traditional classroom in campus, you have to attend the classes at campus. You will meet new people. Students get socialize with another students and new people

Both way of taking course have advantage and disadvantage.

8 0

3 years ago

Maxwell Feed & Seed is considering a project that has the following cash flow data. What is the project's IRR? Note that a p

Kay [80]

Answer:

13.31%

Explanation:

some information is missing:

Year Cash flows

0 −$1,100

1 $450

2 $470

3 $490

the easiest way to calculate the IRR is by using a financial calculator, IRR = 13.31%

but if we don't have one at hand, the IRR is the discount rate at which a project's NPV = 0

1,100 = 450/(1 + r) + 470/(1 + r)² + 490/(1 + r)³

to simplify the formula we must use trial and error:

since we already know the real IRR, I will start with a close number like 10%

1,100 = 450/(1 + 0.1) + 470/(1 + 0.1)² + 490/(1 + 0.1)³

1,100 = 409.09 + 388.43 + 368.14

1,100 ≠ 1,165.66

since the NPV is still positive, we must increase the discount rate. following the example we can use 12%

1,100 = 450/(1 + 0.12) + 470/(1 + 0.12)² + 490/(1 + 0.12)³

1,100 = 401.79 + 374.68 + 348.77

1,100 ≠ 1,125.24

we must increase the discount rate even more to 13%

1,100 = 450/(1 + 0.13) + 470/(1 + 0.13)² + 490/(1 + 0.13)³

1,100 = 398.23 + 368.08 + 339.59

1,100 ≠ 1,105.90

we keep increasing the discount rate to 14%

1,100 = 450/(1 + 0.14) + 470/(1 + 0.14)² + 490/(1 + 0.14)³

1,100 = 394.74 + 361.65 + 330.74

1,100 ≠ 1,087.13

since now the NPV is negative, the discount rate must be between 13-14%

we continue this way until we finally reach 13.31%

4 0

3 years ago

In a 2010 report on the changing environment for policing, 1985-2008, david bayley and christine nixon list the issues of ____

Trava [24]

Answer: new immigrants, both legal and illegal

Explanation:

In a 2010 report on the changing environment for policing, 1985-2008, david bayley and christine nixon list the issues of new immigrants, both legal and illegal and "racial discrimination" as among the six challenges facing american policing.

The changing in structure of population of united state because of immigration presents a special challenge for the police.

Racism in the united states has existed since the colonial era when the white Americans were given legally or socially permitted privileges and rights while these same rights where denied to others. The opportunities includes Education, immigration, voting rights, citizenship .discrimination in the united states include all aspect of life and extends to all communities of color.

5 0

3 years ago