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slega [8]
3 years ago
10

Roger is almost done with his feasibility study and is concerned about the financing. Up until this point, he has been operating

using his own finances. He is confident that he will get the money from the investor, but he is worried that he should do something quickly to justify the money he will be getting.
Business
1 answer:
Andrews [41]3 years ago
8 0

Answer:

True

Explanation:

Hope this helps.

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Kevin is an agent for Lookout Mountain Accountants, Inc. On Lookout Mountain's behalf and at its request, Kevin pays Nathan for
Arada [10]

Answer:

(d) Reimbursement

Explanation:

A  reimbursement is a repayment  for cash you've just spent. At the point when you travel for work, you get a repayment for your business related costs, similar to inn bills and boarding passes, however you'll need to pay for that outing to the bazaar yourself.

The cost repayment process enables bosses to take care of workers who have gone through their own cash for business-related costs. At the point when representatives get a cost repayment, commonly they won't be required to report such installments as wages or pay

4 0
3 years ago
Flint Corporation is subject to a corporate income tax only in State X. The starting point in computing X taxable income is Fede
scZoUnD [109]

Answer:

b. $790,000.

Explanation:

The computation of the taxable income for X purpose is shown below:

Federal Taxable income $750,000  

Add: Deduction for state income taxes non-deductible $50,000  

Less: Interest on federal obligations i.e. deductible $10,000  

Taxable income $790,000  

Hence, option b is correct

7 0
3 years ago
Lamp Corp. manufactures wooden desks. Production consists of three processes: cutting, assembly, and finishing. The following co
Liono4ka [1.6K]

Answer:

See the journal entry be;ow.

Explanation:

Given:

                                Cutting        Assembly        Finishing

Direct materials        $7,000         $10,000           $3,000

Direct labor                 3,000           14,000             2,000

Applied overhead      4,000            5,000              6,000

Therefore, the journal entry to assign costs incurred in the assembly process would be as follows:

<u>Details                                    Debit ($)           Credit ($)        </u>

Work in process                      10,000  

Direct material                                                   10,000

<em><u>(To record cost of direct material.)                                          </u></em>

Work in process                     14,000  

Wages payable                                                  14,000

<u><em>(To record direct labor cost.)                                                    </em></u>

Work in process                     5,000  

Manufacturing overhead                                   5,000

<u><em>(To record manufacturing overhead.)                                       </em></u>

3 0
3 years ago
A share of stock sells for $35 today. The beta of the stock is 1.2 and the expected return on the market is 12 percent. The stoc
seraphim [82]

Answer:

$38.78          

Explanation:

The formula to compute the share price in one year is shown below:

Price of a stock = (Next year dividend) ÷  (Required rate of stock return - growth rate)

where,

Price of the stock = Next year dividend ÷ (Risk free rate + beta × (Market return - Risk free rate) - Dividend growth rate)

$35 = $0.80 ÷ (5.5% + 1.2 × (12% - 5.5%) - g)

So after solving this

The growth rate is 11.01%

Now the share price after one year is

= 0.80 × (1 + 11.01%) ÷ (13.3% - 11.01%)

= $88.81 ÷ 2.29%

= $38.78

7 0
4 years ago
In a crosstabulation
alekssr [168]

Answer: D - both variables must be categorical

Explanation: Crosstabulation is a technique used in the examination of 2 categorical variables. It is also known as contingency table analysis.

Crosstabulation is an analytic and useful tool in marketing research.

It creates a good relationship between the variables with its unique naming. its variables have a low chance of standing alone.

7 0
3 years ago
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