Answer:
A
Explanation:
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.
When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.
NPV can be calculated using a financial calculator
Cash flow in year 0 = $-165,000
Cash flow in year 1 - 6 = $45,000
I = 12%
NPV = $20,013.33
the project should be approved because NPV is positive
To find the NPV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
Answer:
B. The distribution will be a dividend if current earnings and profits are positive and exceed the distribution.
Answer:
c. debit to Payroll Tax Expense for $1,050.
Explanation:
The payroll tax expense includes various expense like - Social security tax payable, medicare tax payable, unemployment tax payable, etc.
So, we consider these items only.
The journal entry is shown below:
Payroll expense A/c Dr XXXXX
To Social security taxes payable A/c XXXXX
To Medicare taxes payable A/c XXXXX
(Being payroll expense is recorded)
All other information which is given is not relevant. Hence, ignored it
Answer:
b. <u>job centered</u>
Explanation:
Leadership refers to a process of influencing the behavior of subordinates towards desired action or performance, which leads to accomplishment of group goals and which is in alignment with organizational goals.
Job centered leaders represent those leaders who minutely supervise the performance of the subordinates with their focus upon employee efficiency w.r.t perfromance of tasks. Such leaders emphasize upon productivity and rely upon rewards and punishments to influence subordinate behavior.
Such leaders follow task and outcome oriented approach and operate within the organizational rules and try and impose compliance to organizational goals and are somewhat rigid.
In the given case, Harold pays close attention to employee productivity and their efficient discharge of tasks and duties. The scenario depicts Harold as a job centered leader.
Answer:
WoodCore Inc. is involved in exporting.
Explanation:
Exporting is the act of producing a good in the home country, and selling the product abroad.
WoodCore Inc. is involved in exporting because, as an American company, it finishes its products in the United States, but ships a part of the production for sale in Europe.
If instead, it obtained the finished goods from Europe, and sold them in the United States, WoodCore Inc. would be involved in importing.
