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3 years ago

Gross earnings are the same as

Business

1 answer:

attashe74 [19]3 years ago

6 0

Gross income. they are incomes before taxes or adjustments

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Optimizing economic agents use the real interest rate when thinking about the economic costs and returns of a loan. Suppose the

Elan Coil [88]

Answer:

10.45 %

Explanation:

Please see attachment

4 0

3 years ago

Outline the differences between chain stores and departmental stores.

dlinn [17]

Answer:

For chain stores, prices are uniform in all branches while for departmental stores, each department sets its own price. Chain stores sell similar goods while departmental stores deal with different line of goods.

Explanation:

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3 years ago

Read 2 more answers

At December 31, 2012 and 2013, Plank Corp. had outstanding 3,000 shares of $100 par value 8% cumulative preferred stock and 15,0

zalisa [80]

Answer:

Preference shareholders = $36,000

Equity shareholders = $9,000

Explanation:

As provided the outstanding preference dividend at end of 2012 = $12,000

Total cash dividends declared = $45,000 in the year 2013

Regular preference dividends = $100 $\times$ 3,000 $\times$ 8% = $24,000

Thus, when dividends will be paid in 2013 then firstly they will be used for payment to preference shareholders.

Thus, the company shall pay:

$12,000 + $24,000 = $36,000 to preference shareholders.

Further the balance will be paid to equity shareholders.

= $45,000 - $36,000 = $9,000

3 0

3 years ago

TB MC Qu. 9-371 Irving Corporation makes a product with ... Irving Corporation makes a product with the following standards for

lisov135 [29]

Answer:

Variable manufacturing overhead rate variance= $664 favorable

Explanation:

Giving the following information:

Variable overhead 0.2 hours $ 5.10 per hour

The company used 1,660 direct labor-hours to produce this output. The actual variable overhead cost was $7,802.

<u>To calculate the variable overhead rate variance, we need to use the following formula:</u>

Variable manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity

Actual rate= 7,802/1,660= $4.7

Variable manufacturing overhead rate variance= (5.1 - 4.7)*1,660

Variable manufacturing overhead rate variance= $664 favorable

6 0

3 years ago

If the rate of inflation is 2.2% per year, the future price pt (in dollars) of a certain item can be modeled by the following ex

postnew [5]

Answer:

1693.25

Explanation:

The computation of the current price of the item and the price 9 years from today is shown below:-

p(t) = 1,200 × (1.039)^t

Now, the current price can be found by putting t = 0

p(0) is

$1,200\times (1.039)^0 = $1,200$

The price 10 years from today

p(9) is

$1,200\times (1.039)^9$

Now we will solve the above equation

= 1,200 × 1.411041958

= 1693.25035

= 1693.25

6 0

3 years ago