Answer:
The income must be $43,125 to warrant starting the business
Explanation:
Given that:
- The company would require $375,000 of assets, and it would be financed entirely with common stock, it is the equity
The formula of ROE : Net income / Equity
Therefore, Net income = ROE * Equity
= 11.5% * $375,000
= $43,125
So the income must be $43,125 to warrant starting the business
Hope it will find you well.
Answer:
Following are the responses to the given question:
Explanation:
The progress throughout the financial sector does not take a confined path. One can move to more responsible roles when you're on the broad route to changing industries, receiving certificates, or switching disciplines — without even being derailed. Select from the range of staff inside the broad fields of public accountancy. You could be a lead financial official or a partner in a company of qualified checksum. A height of your career.
Although the accounting foundation is founded upon consistent accounting practices, the accountants can apply this theory in many various ways.
Employment accounts governmental and non-profit:
- Accounting Fund
- Jobs of IRS
Public Accounting Jobs:
- Estimated Cost
- Forensic Accountable Enrolled Agent
- Immobilien Assessor
- Accountant Taxation
- Fiscal Prosecutors
- Preparing tax
Jobs in private accounting:
- Clerk of Accounting
- Payable/Deputy Clerk Accounts
- System Accounting Specialist
- Actuarial accountant/accountant insurance
- Bookkeeping
- Analyst for the budget
- Accountant of capital
- Financial Controller/Control Office
- Accountant costs
- Measurement of environmental accountant/sustainability
- Accountant payroll
Fiscal Services:
- Specialist in Business Valuation
- Certificated Financial Planner
- Fiscal Analyst
- Advisor on taxes
Accounts only include the cash that can be represented financially. Some individuals call accountancy "the language of business," as well as its objective is to allow accountancy users to make better choices
This included many tasks performed by the CPAs for its clients:
- Asset records collection and maintenance
- Assess banking transactions and make key management for optimum financial practices
- Reviewing accounting system and financial accounting to verify that they are effective and conform with approved accounting standards and procedures
- Tax documents and related tasks
Answer:
$27,600
Explanation:
The maximum amount that the university should pay must be equal to the variable costs of the personnel department. The department's total costs are $35,500 and the variable costs are $22,000 and the avoidable fixed costs are $5,600, so as long as the university pays up to $27,600 (= $22,000 + $5,600) to the outside vendor, then it will not have increased its total costs.
The fixed non-avoidable costs = $35,500 - $22,000 - $5,600 = $7,900 will remain regardless of what decision is made. If the university pays more than the variable costs and avoidable fixed costs, e.g. $28,000, then total costs would be $36,900 which results in a $400 increase.
