The driving cost per year of Delmar is $1175
A down payment is a sum of money that a buyer pays at the beginning of a pricey good or service purchase. A portion of the total purchase price is covered by the down payment, and the buyer frequently takes out a loan to cover the balance.
Down payment of the car = $4800
Loan on the car = $16,500
The selling price of the car = $7200
Number of years = 12 years
Total used value = Down payment of the car + Loan on the car - Selling price/Number of years
= 4800 + 16500 - 7200/12
= $1175
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ou have the following time and cost information for use in a time-cost cpm scheduling model. activity normal time crash time normal cost crash cost a 3 2 $400 $ 600 b 5 3 $600 $ 1200 c 4 1 $300 $ 1500 what are the three costs per unit of time to expedite each activity?
A will therefore cost $200, B will cost $300, and C will cost $400 to speed up each activity.
What does CPM (Critical Path Method) mean?Important Path Method (CPM) The most common scheduling method in the transportation industry is scheduling. With the help of this scheduling method, a project can be planned, managed, and its minimum completion time as well as potential start and end times for its various activities, can be determined. A project scheduling technique called the Critical Path Method (CPM) analyzes and visualizes the tasks necessary to complete a given project.
What is CPM model?The term "cost per mille" (CPM), which is derived from the Latin word mille, which means "thousand," roughly translates to "cost per thousand impressions." This indicates that the cost of advertising is based on the quantity of served impressions. The cost-per-thousand-impressions (CPM) in online advertising and digital marketing refers to the price a marketer would pay to receive 1,000 campaign impressions. CPM actually stands for "cost per mille," which is Latin for "thousand" and is not to be confused with the cost per mile of a rental car.
Briefing:Cost per unit of time = (Crash cost - Normal cost)/(Normal time - Crash time)
A = (600-400)/(3-2) = 200
B = (1200-600)/(5-3) = 300
C = (1500-300)/ (4-1) = 400
Total time is 12 days, total cost is $ 1700
Alternative paths in the network are following:
A-B-D-E, duration = 3+4+3+2 = 12
A-C-D-E, duration = 3+1+3+2 = 9
The critical path is A-B-D-E because it is the longest path. and the project will last 12 days.
Total normal cost = 200+300+200+500+500 = $ 1700
Total time is 11 days, total cost is $ 1850
The critical path activity with the lowest crash cost per unit time must be crashed in order to shorten the project's duration. With a crash cost of (550-500)/(3-2) = 50, that activity is D.
Normal cost = 200+300+300+500+500 = 1800
Total cost = Normal cost + Crash cost = = 1800+50 = $ 1850
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TRUE/FALSE. to state that public saving is equal to investment, for a closed economy, is to state an accounting identity.
To state that public saving is equal to investment, for a closed economy, is to state an accounting identity. This is a true statement.
The closed economy: what is it?An economy that is completely self-sufficient and that doesn't engage in foreign trade is referred to as a closed economy. Closed economies are practically nonexistent nowadays, however some nations are closer to having one than others.
Why is a closed economy advantageous?Utilizing just domestic resources, the domestic economy satisfies all demands. Limit your exposure to exchange rate and global economic shocks. Through international commerce and capital flows, a financial crisis or recession spread. A closed economy is therefore not at risk from either because neither exist.
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croft corporation has a target capital structure of 65 percent common stock and 35 percent debt. its cost of equity is 14 percent, and the cost of debt is 8 percent. the relevant tax rate is 22 percent. what is the company's wacc?
Company's wacc is 30.94%
Weighted average cost of capital is defined as cost of capital structure multiplied by its weight by its market value and then total it.
It is also used as a discount rate for future cash flows is discounted cash flow analysis.
It is a discount rate which is used to calculate company's net present value.
Wacc = (weight of common stock* cost of common stock)+ ( weight of equity* cost of equity)
= 0.65(0.14)+ 0.35(0.8)(1-.022)
=0.091+0.2184
=0.3094
= 30.94%
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the employee benefits at forward point, a tech firm, includes a breakfast bar, a gym, and an on-site massage therapist. in what way are these benefits most likely to support the company's business goals? group of answer choices by complying with legal requirements for benefits by protecting the company against charges of employment discrimination by meeting the standards of most u.s. businesses by making the workplace more family-friendly by helping employees cope with demanding, high-stress jobs
The way that these benefits would most likely have to support the company's business would be by helping employees cope with demanding, high-stress jobs. Last option.
What is meant by employee benefits?Employee benefits are any perks or other forms of payment that are given to workers in addition to their regular pay and salaries. Health insurance, life insurance, paid time off (PTO), profit sharing, retirement benefits, and other benefits may all be included in a comprehensive package of employee perks.
Any indirect pay given to employees in addition to their normal salaries or earnings is known as an employee benefit. For instance, this could refer to things like paid time off, retirement benefits, and health insurance.
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a stock had a return of 9.7 percent last year. if the inflation rate was 2 percent, what was the approximate real return?
The approximate real return will be 7.7%.
A change in the average level of prices for goods and services across the economy is referred to as inflation. By comparing current prices of a group of products and services to previous prices, the government calculates inflation.
The interest rate before accounting for inflation is referred to as the nominal interest rate.
Real return plus inflation add up to total nominal return.
Approximate real return = Nominal return - Inflation rate
= 9.7 - 2
= 7.7
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consider a $5,000,000, 8.5%, 30-year mortgage with monthly payments. what is the yield to maturity (ytm) of this loan under the following circumstances: (a) no points, fully-amortizing (b) three points of disbursement discount (point), fully amortizing (c) three points of disbursement discount, 7-year maturity with b
A 30 year mortgage with a 3/1 adjustable rate is one in which the interest rate is fixed yield to maturity .The correct answer is three points of disbursement discount (point), fully amortizing.
The first three years and then is subject to change. I created an amortisation schedule that shows the first three payments will have a 7% interest rate, followed by payments with a 6% interest rate for the remaining payments. The initial 36 months' payment is $997.95 (principal debt after 36 payments: $145,090.59), after which it drops to $905.34.look at the amortisation schedule 1.The monthly payments would be $935.98 if the first three years' interest costs were the only ones paid by the payments, which would be calculated as follows: $150,000 x 7%/12 = $875. see Schedule of Amortization 2.
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your money in the bank can be viewed as inventory. which of the following is not the corresponding inventory holding cost? losing the chance to make a more profitable investment value deterioration due to the inflation rate account maintenance fee income tax due to the interest income
taxation on the interest income can be viewed as inventory.
What does inventory holding cost?
The expenses a company incurs for keeping goods on hand are referred to as carrying costs, holding costs, and inventory carrying costs.Inventory holding costs are the fees incurred for storing items or inventory at a warehouse. Inventory that is kept on hand is a liability that reduces profit margins and raises operating costs for firms. Inventory holding expenses include rent for the facility, security fees, depreciation costs, and insurance. The total cost of keeping products is referred to in marketing as the carrying cost of inventory, holding cost, or holding cost.
This includes financial commitments including opportunity costs and expenditures for perishable, shrinkable, and insured items in addition to storage expenses like rent, utilities, and salaries. To reduce stock-out costs, merchandise is kept on hand. To prevent shortages of raw materials, finished items, consumables, and work-in-progress inventory, all businesses must project consumer demand for their products customer is sent back empty handed.
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The fda has approved a new gene therapy drug described as the most expensive ever. How much per treatment?.
Recently, the FDA approved the priciest medication that is currently on the market. Hemgenix, a drug with a price tag of $3.5 million per dose, is administered to patients with the uncommon condition hemophilia B.
How might gene therapy be used? What is it?Gene therapy involves altering the genes in your body's cells to treat or prevent disease.
Your genes contain your DNA, which regulates many aspects of how your body looks and functions, including how tall you are and how your body's systems work. Genes that are not working properly can cause disease.
Gene therapy repairs a damaged gene or adds a new gene in an effort to treat illness or boost your body's resistance to illness. Many diseases, including AIDS, cancer, cystic fibrosis, heart disease, diabetes, and hemophilia, may be treated by gene therapy in the future.
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Crane Company had the following two transactions related to its delivery truck.
1. Paid $44 for an oil change.
2. Paid $519 to install special shelving units, which increase the operating efficiency of the truck.
Prepare Crane Company's journal entries to record these transactions. Use the format given below:
No. Account Titles and Explanation Debit Credit
1. 2.
The first step of the accounting cycle, known as a journal entry, is when all company transactions are entered into the books of accounts. Along with the credit and debit accounts, the journal entry incorporates at least two more accounts.
What is the journal entry?Keeping or recording any transactions, whether they are financial or not, in a journal is known as keeping a journal entry. As with depreciation or bond amortization, journal entries might include one-time or recurring items. Accounts payable frequently has its own subledger that indirectly impacts the general ledger, and journal entries are normally entered in accounting software using a distinct module from those. Exemplifying the journal entries will help us comprehend them better. We use accounting examples in actual company to assist us record transactions, events, and recurring items. Simple journal entries show a cash account debit of $300 and a credit for $100 for laptop sales. These entries follow the regulations that demand that any business revenue that is deducted from an account be credited.
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suppose your company is a merchant and you enter into a contract with another merchant. however, instead of a formalized contract between the two parties, the other company just sends a written memo outlining the products ordered and prices. is this memo sufficient to satisfy the statute of frauds?
Yes, a written memo is considered to fulfill the statute of frauds if two parties are merchants.
The definition of a writing that meets the statute differs significantly between the UCC and the statute of frauds. According to common law, the party challenging the enforceability of the contract must submit a written argument, either made or signed by the party.
Unless the parties are merchants, the UCC applies to this rule. Though two merchants make an oral agreement, even if the receiving party does not admit receiving the note, it is still considered to have satisfied the statute of frauds.
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many of the tactics of distributive bargaining and integrative negotiation are used to exert influence over the other party in the service of achieving the best deal, most commonly only for the self. these tactics are called
Many of the tactics of distributive bargaining and integrative negotiation are used to exert influence over the other party in the service of achieving the best deal, most commonly only for the self. These tactics are called power over tactics.
In the field of business, such a tactic in the business where negotiations are used in order to influence the other party is referred to as power over tactics.
Distributive bargaining is a force that exerts influence on both parties and is a method of power over tactics. Integrative negotiation is a method of negotiation that is based on the interests of the distributor.
Both parties use integrative negotiations as power-over tactics in order to come to terms that benefit both parties.
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a full-time agent of an insurance company knows about the aml program of his employer, but the $20,000 in money orders his customer is using to fund the purchase of a single premium whole life insurance policy would help his meet her sales goal for the year. consequently, he overlooks the source of funds and submits the application to her company. from an aml perspective, the agent has:
The agent has admitted to committing the crime of willful bliss. Fighting money laundering and terrorist financing requires a thorough understanding of sources of wealth and funding. when a customer's or potential customer's profile indicates that they are involved in criminal activity.
What does an AML compliance program entail?A financial institution's compliance framework must include an anti-money laundering (AML) compliance program. Every effective program has as its top priority safeguarding the company from money laundering.
What is an illustration of AML regulation?AML regulations mandate that banks and other financial institutions that grant credit or accept customer deposits abide by guidelines that ensure they are not assisting in money laundering.
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Calculate the resulting change in GDP for each of the following MPCs when the government increases its spending by $250 billion.
Instructions: Round your answers to one decimal place.
a. The marginal propensity to consume (MPC) = 0.2.
The change in GDP is $ _______billion.
b. The marginal propensity to consume (MPC) = 0.5.
The change in GDP is $______ billion.
c. The marginal propensity to consume (MPC) = 0.8.
The change in GDP is $ _____billion.
d. Comment on the relationship between the MPC and the resulting change in GDP—as the MPC rises, does its effect on GDP (increase or decrease)?
As the MPC rises, its effect on GDP (Click to select)(stays the same decreases increases)
The resulting change in GDP for each of the MPCs for statement a the change in GDP is $312.5 billion, statement b the change in GDP is $500 billion and statement c the change in GDP is $1250 billion.
What is the economy's GDP?The standard measurement of the value added produced via the production of goods and services in a nation over a specific time period is the gross domestic product (GDP). Consequently, it also accounts for the revenue generated by that manufacturing, or the total amount spent on finished goods and services (less imports).
How can you determine MPC using GDP?The change in consumption is divided by the change in income to determine the marginal propensity to consume. For instance, if a person's spending rises by 90% for every dollar of additional income, the ratio would be 0.9/1 = 0.9.
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A process to develop tactical plans by integrating customer-focused marketing plans for new and existing products with the operational management of the supply chain. Intermediate-range planning - 3 to 18 months. Functional groups of sales, operations and finance. Balance supply and demand.
Mid- to long-term planning involves balancing supply and demand projections; it also involves understanding short-term sales issues and adjusting projections accordingly.
What are the sales and operations process' five phases?Key discoveries. To develop a demand-driven S&OP process, a company's internal supply chain must first be made end-to-end transparent.
Are customer-focused marketing tactics for both new and used items connected with supply chain management?To put it succinctly, it is described by APICS as "a process to develop tactical plans that provide management the ability to strategically direct its businesses to achieve competitive advantage on a continuous basis by integrating customer-focused marketing plans for new and existing products with the management of the supply chain."
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torch industries can issue perpetual preferred stock at a price of $51.50 a share. the stock would pay a constant annual dividend of $6.50 a share. what is the company's cost of preferred stock, rp? round your answer to two decimal places.
Torch industries can issue perpetual preferred stock at a price of $51.50 a share and the stock would pay a constant annual dividend of $6.50 a share so the company's cost of preferred stock, rp is 10.53%.
Perpetual preferred stock is a type of most well-liked share has no date and pays a set dividend upon issue, sometimes declared and paid quarterly, as long because it remains outstanding. Shareholders of perpetuals don't have balloting rights and also the issuers of perpetual stock will generally redeem the shares.
Constant annual dividend is a constant dividend payout quantitative relation policy maintains constant proportion of earnings paid out as dividends to shareholders.
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which system supports the capturing, organization, and dissemination of knowledge throughout an organization?
An organization's ability to collect, organize, and share knowledge is supported by knowledge management systems.
What exactly do knowledge management systems do?Any type of IT system that saves and retrieves knowledge to enhance comprehension, teamwork, and process alignment is referred to as a knowledge management system. Within teams or organizations, knowledge management systems are possible.
What are the four different types of knowledge management?The four most important components of knowledge management are people, processes, content/IT, and strategy. Your organization will always require leaders, sponsors, and supporters of knowledge sharing regardless of its sector, size, or knowledge requirements.
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due to recent beef recalls, southwest steakhouse is considering incorporating. bob, the owner, wants to protect his personal assets in the event the restaurant is sued. requirements 1. which advantage of incorporating is most applicable? what are other advantages of organizing as a corporate entity? 2. what are some disadvantages of organizing as a corporation? question content area bottom part 1 requirement 1. which advantage of incorporating is most applicable? what are other advantages of organizing as a corporate entity? first answer which advantage of incorporating is most applicable in protecting bob's personal assets? a. stockholders have limited liability. b. there is a mutual agency among the stockholders. c. a corporation has continuous life. d. the transfer of corporate ownership is easy. e. corporations can raise more money to pay for government regulations.
The highest type of business, which has multiple proprietors, is a corporation. After its initial public offering, a corporation will be listed on the securities exchange market (IPO).
What are Advantages of incorporating a business and Disadvantages of a corporation?1).
The main benefit of a corporation is that it is a separate legal entity from its owners, which means that owners are not liable for the liabilities of the company with their own assets. Owners will only lose their investment capital if the company defaults.People can readily transfer ownership of a business by transferring stocks. As long as ownership can be transferred continuously, the company can exist forever.2).
A southwest steakhouse shareholders must submit financial reports on a regular basis in order to comply with a number of government regulations.The company may be acquired by its competitors without prior notice due to the ease with which equities can be traded in the market.There will be a lot of dispute between current shareholders & former shareholders because the company has multiple owners. A barrier in a corporation is also the agency issue between shareholders and managers.To know more about southwest steakhouse, visit:
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If you stood outside an NBA championship game and sold your ticket for double the original price, you'd be engaged in _____ pricing.
a. prestige
b. cost-based
c. unsportsmanlike
d. demand-based
If you stood outside an NBA championship game and sold your ticket for double the original price, you'd be engaged in d. demand-based pricing.
The countrywide Basketball affiliation is a expert basketball league in North america. The league is composed of 30 groups and is one of the important expert sports activities leagues in the united states and Canada. it's far the most fulfilling guys's expert basketball league within the global.
The national Basketball association (NBA) is a worldwide sports activities and media enterprise with the venture to inspire and connect human beings everywhere via the energy of basketball.
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Many businesses optimize their website to incorporate a ______ with simplified navigation to accommodate smartphones and tablets.
Many businesses optimize their website to incorporate a mobile-first strategy with simplified navigation to accommodate smartphones and tablets.
What is the importance of the "mobile first" strategy?The "mobile first" principle, in other words, plays a significant role in product design. On the one hand, it increases designers' efficiency and helps to shorten the product design process. On the other hand, it makes product content a more important consideration for designers, which helps them produce clean and useful designs.
What does a "mobile first" strategy mean?A "mobile-first" strategy entails designing a desktop site first for mobile, and then adapting it for larger screens. Instead of starting with a desktop site and then adapting it for smaller screens, as is the norm.
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suppose you bought a ticket to a football game for $30 and that you place a $35 value on seeing the game. if you lose the ticket, then what is the maximum price you should pay for another ticket? assume that losing the ticket does not alter how you value it.
The maximum price you should pay for another ticket is $35.
You can give the same great ticket to another fan for the amount you paid. Log in to your Ticketmaster account and tap your order to view your tickets. From there, tap the Sell button to get started. Tap the pencil icon next to the list price you want to edit. Also, edit the price in the price editor.
You can see the price breakdown. Tap Edit and the offer price will be updated shortly. When someone puts a ticket into their shopping cart, that ticket is reserved for her for 10 minutes. Your reservation will be extended by 30 minutes as soon as the payment process starts. If the transaction is not completed within 30 minutes, the ticket becomes available to everyone again.
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at a small company, one person prepares the paychecks for employees and another person reviews the check amounts and signs the checks. this is an example of what approach to combatting destructive leadership?
At a small company, one person prepares the paychecks for employees and another person reviews the check amounts and signs the checks. this is an example of creating checks and balances approach to combatting destructive leadership.
What is company?
The term "company" refers to legal entities that are lawfully registered under the Company Act. The company's major goal is to increase profits while maintaining goodwill. With the assistance of management, the organization was flawlessly run. Employees are compensated by the company.
According to the small company, one authorisation figure checks the other's work being done, and thus maintains balance. The destructive leadership is checked and balanced.
As a result, the is an example of creating checks and balances approach to combatting destructive leadership.
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Your question is incomplete, but most probably the full question was.
a- emphasizing low power distance
b- empowering employees
c- creating checks and balances
d- establishing norms and values
you are considering purchasing an annuity that would pay you $1,000 per year for 1 years. the interest rate is 5%. out of the choices below, what would be a reasonable price to pay for thatannuity?
$952
Computation of amount that should be invested today:
PV = Cash flow per period × [{1 - (1 + i)-n} ÷ i]
PV = $1,000 × [{1 - (1+0.05)-1} ÷ 0.05]
PV = $1000, × 0.952
PV = $952 (Approx)
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Sung Office Products just announced it is decreasing its annual dividend from $2.20 per share to $1.85 per share effective immediately. If the dividend yield remains at its pre-announcement level, then you know the stock price:
Multiple Choice
increased proportionately with the dividend decrease.
was unaffected by the announcement.
decreased by $.35 per share.
increased by $.35 per share.
decreased proportionately with the dividend decrease.
An investment earned annual returns of 7 percent, −32 percent, 11.5 percent, and 21.4 percent during the past four years. If you wish to know the compound annual rate of growth that the investment experienced, you should determine the ________, which equals ________ percent.
Multiple Choice
arithmetic; 17.97
arithmetic; 1.97
geometric; 4.21
geometric; −.38
geometric; 17.59
Based on the period 1926-2019, the actual real return on large-company stocks has been around:
Multiple Choice
6 percent.
8 percent.
7 percent.
10 percent.
9 percent.
A dividend is a portion of a company's retained earnings and profits that it distributes to its shareholders. Dividend yield is calculated by taking the annual dividend per share and dividing it by the share price.
It should be emphasised that distributions to shareholders might not have an impact on the enterprise's total worth. Whatever the case, making such a move tends to reduce the venture's overall equity value by the precise amount that is being given as a dividend. To expand further, a dividend payment is an irreversible action that permanently debits the accounting records.
1. In the given question, it is said that the dividend is being decreased by
the company so, the stock price will also decrease proportionately with
the decrease in dividend.
2. We know that,
Geometric return = [(1 + rate1) (1 + rate2) (1 + rate3)
(1 + rate4)] ^1/time period – 1
= [(1 + 0.07) (1 - 0.32) (1 + 0.115)
(1 + 0.214)] ^1/4 – 1
= [0.98489] ^1/4 - 1
= 0.9962 - 1
= -0.0038 or -0.38%
Therefore, the correct option is Geometric, -0.38%.
3. Large company stocks has been around 9 percent, in 1926-2019.
Therefore, Option (e) is the correct option.
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if a project has a net present value equal to zero, then: multiple choice the project's pi must also be equal to zero. a decrease in the project's initial cost will cause the project to have a negative npv. any delay in receiving the projected cash inflows will cause the project to have a positive npv. the total of the cash inflows must equal the initial cost of the project. the project earns a return exactly equal to the discount rate.
If a project has a net present value equal to zero, then the project earns a return exactly equal to the discount rate.
A financial term called net present value (NPV) aims to measure the overall worth of an investment opportunity. To calculate the net present value (NPV), one must predict all potential future cash flows from an investment, discount each one to the present, and then add them all together.
The net present value of a project or investment indicates how much money it will make or lose in terms of today's money. Due to the effects of variables like inflation and lost compound interest, the future cash flow of a project does not accurately reflect the current cash flow, hence NPV is adjusted accordingly.
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You take $200 you had kept under your mattress and deposit it in your bank account. Suppose this $200 stays in the banking system as reserves and banks hold reserves equal to 20 percent of deposits.
The total amount of deposits in the banking system increases by _____ , and the money supply increases by _____.
The total amount of deposits in the banking system increases by 1000 , and the money supply increases by 800.
Reason:
Increase in Deposits = Money Multiplier x Deposit.
=1/Reserve Ratio x Deposit
=1/.20 x $200
= $1000
Because deposits increase by $1,000 but currency declines by $200, this means the money supply increases by $1,000−$200=$800.
The money supply increases by $800 while the total quantity of deposits in the banking system rises by $1000.
Reserve to Multiplier Ratio
=1/0.2\s= 5
Rise in banking system deposits Equals deposit "multiplier"
We subtract the initial deposits because they are part of the money supply.
Expansion of the money supply additional deposits -new deposits
=1000-200
=$800
=200*5
=$1000
Increase in Deposits = Money Multiplier x Deposit, which equals 1/Reserve Ratio x Deposit, which equals 1/.20 x $200, which is $1000.
Deposits rise by $1,000 while currency drops by $200, which results in an increase in the money supply of $1,000 + $200 = $800.
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anet’s job as a corporate attorney is extremely stressful. part of her stress comes from having to meet aggressive deadlines for her work. the stressors that arise from these deadlines are known as .
anet’s job as a corporate attorney is extremely stressful. part of her stress comes from having to meet aggressive deadlines for her work. the stressors that arise from these deadlines are known as task demands type A.
By "corporate," what do you mean?Corporate refers to a large company in general or to a specific major company. In comparison to private clients, corporate clients pay higher interest rates. Corporate earnings are increasing as the economy expands. Corporate refers to a large company in general or to a specific major company.
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A call option with a strike price of 110 is selling for 3.50 when the market price of the underlying stock is 108. The intrinsic value of the call is: (published CFP question, 1994)
a, 1.50
b, 0.00
c. 2.00
d. -2.00
A call option with a strike price of 110 is selling for 3.50 when the market price of the underlying stock is 108. The intrinsic value of the call is: (0.00)
What does the market price mean?Market pricing is a technique used to determine prices in accordance with what is currently being paid in the market for identical or comparable goods or services. It allows firms the chance to set higher prices initially before matching market prices to remain competitive while also increasing return on investment.Find the point where supply and demand converge to establish the market price. Find the market price by investigating factors including market trends, the number of suppliers, and the number of current purchasers.
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kegler bowling buys scorekeeping equipment with an invoice cost of $160,000. the electrical work required for the installation costs $16,800. additional costs are $3,360 for delivery and $11,530 for sales tax. during the installation, the equipment was damaged and the cost of repair was $1,550. required: indicate whether each cost should be included in the cost of the equipment or excluded and expensed as incurred.
The total recorded cost of the automatic scorekeeping equipment is $191,310.
A tax is an obligatory financial charge or a few different forms of levy imposed on a taxpayer (a person or felony entity) by using a governmental organization in order to fund government spending and various public costs (nearby, nearby, or national), and tax compliance refers to coverage movements and man or woman behavior geared toward making sure that taxpayers are paying the right amount of tax on the right time and securing the best tax allowances and tax reliefs. the first recognized taxation passed off in historical Egypt around 3000–2800 BC. A failure to pay in a timely way (non-compliance), alongside evasion of or resistance to taxation, is punishable via law. Taxes include direct or oblique taxes and may be paid in cash or as its labor equivalent.
In monetary phrases, taxation transfers wealth from households or businesses to the government. This has effects on the monetary boom and monetary welfare that can be each expanded (known as an economic multiplier) or reduced (referred to as the extra burden of taxation).
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Complete Question:
Kegler Bowling installs automatic scorekeeping equipment with an invoice cost of $160,000. The electrical work required for the installation costs $16,500. Additional costs are $3,300 for delivery and $11,510 for sales tax. During the installation, a component of the equipment is carelessly left on a lane and hit by the automatic lane-cleaning machine. The cost of repairing the component is $1,550.What is the total recorded cost of the automatic scorekeeping equipment?
a set of firms that, though legally independent, are bound together by informal and formal ties and are accustomed to taking coordinated action are known as .
A set of firms that, though legally independent, are bound together by informal and formal ties and are accustomed to taking coordinated action are known as business Groups.
A firm, such as a corporation, is a business organization that manufactures and sells products and services with the intention of generating income and turning a profit. A single proprietorship, partnership, limited liability company, or corporation are examples of firms.
An economic entity known as a group of companies is made up of a collection of firms, some of which may be controlled by the same company. A group of businesses is a type of economic entity made up of a number of businesses that are either owned by the controlling business or are owned by it.
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describe the allowance method of accounting for uncollectible accounts and the two bases that are generally used to calculate the allowance.
The balance of the accounts receivable in the different aging categories is multiplied by a reserve rate to determine the allowance for uncollectible accounts (see table below). Because older receivables have a lower likelihood of being collected, a greater reserve rate is applied to them.
What two techniques are included in the allowance method for estimating uncollectible accounts?The two primary approaches for evaluating uncollectible accounts under the allowance method are the percentage of credit sales method and the percentage of receivables method. The percentage of sales approach calculates the estimated proportion of credit sales that are uncollectible accounts will represent for the period.
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