A firm had the following accounts and financial data for 2013. The firm's net profit after taxes for 2013 was ______.

Answers

Answer 1

Answer:

Therefore, the firm's net profit after taxes for 2013 was $320.

Explanation:

Note: This question is not complete. But a complete question is has been provided in the attached file. Kindly find the attached file.

Net profit after taxes is the profit that is obtained after all expenses including taxes have been deducted from revenue.

The net profit after tax of a firm can be determined by preparing an income statement.

Therefore, an income statement is prepared for this question to determine the firm's net profit after taxes as follows:

                     Income Statement

                      For the Year 2013

Particulars                                              $  

Sales                                                   3,060

Cost of goods sold                           (1,800)  

Gross Profit                                         1,260

Operating expenses                          (600)

Operating profit                                    660

Interest expense                                 (126)  

Profit before tax                                    534

Tax (534 * 40%)                                   (214)  

Net profit after tax                               320  

Therefore, the firm's net profit after taxes for 2013 was $320.

A Firm Had The Following Accounts And Financial Data For 2013. The Firm's Net Profit After Taxes For

Related Questions

When an HRM professional utilizes SWOT analysis, and strategic thinking about external and internal competitive issues impacting the company, including political, economic, market, social, geographic, and technological trends, this is called:

Answers

Answer:

Environmental scanning.

Explanation:

When an HRM professional utilizes SWOT analysis, and strategic thinking about external and internal competitive issues impacting the company, including political, economic, market, social, geographic, and technological trends, this is called environmental scanning.

Environmental scanning can be defined as a management strategy that focuses on systematically acquiring informations about occasions, trends, events or patterns through surveys and analysis of these information in an organisation's external and internal environment.

This simply means that,  if an organization wants to succeed and remain competitive in the industry, it is necessary and utterly important that it regularly scans its environment so that it can assess its growth or developments and understand critical factors which contributed to its success.

Hence, the environmental scanning is classified into two (2) main categories and these are;

1. Internal environmental scanning: it is made up of essential elements or components that lie within an organization such as objectives, culture, value systems, mission, vision, goals, organizational structure, employees etc.

2. External environmental scanning: it is made up of essential elements or components that outside of an organization such as customers, market, rivals, politics, economic policies, demography etc.

Generally, the internal environmental scanning offers an organization Strength and Weakness while the external environmental scanning provides information about Opportunities and Threats. These four influencing environmental factors are known as the SWOT analysis (strength, weakness, opportunity and threats).

With the aforementioned four environmental factors, an organization is able to make strategic business decisions by identifying available opportunities and threats affecting the business, as well as used is strengths and improve on its weaknesses.

Suppose two countries initially start off at the same GDP per capita in 1940. After 70 years the countries have large differences in GDP per capita in the year 2010, with one country having $30,000 more than the other country. What is the most likely reason for this large disparity in GDP per capita between the two countries

Answers

Answer:

The contrast in GDP per capital growth relative to productivity growth between the two countries and the effect of compounding decrease

Explanation:

Solution

The GDP growth rate relative productive growth was one of the prime factors of total growth during the late 20th century.

The more technological investment, the higher was the productivity together with compounding could have played a vital role.

By compounding it refers to the reinvestment with the aid of established generated revenue. this implies that capital is used to its fullest thus increasing productivity. thus maybe the country with Low GDP per capital might have experienced a decrease, then compounding further abetting a downturn in the GDP growth rate.

At the beginning of the current year, Penguin Corporation (a calendar year taxpayer) has accumulated E & P of $55,000. During the year, Penguin incurs a $36,000 loss from operations that accrues ratably. On October 1, Penguin distributes $40,000 in cash to Holly, its sole shareholder.

How is Holly taxed on the distribution?

Of the $40,000 distribution, ...........................$ is taxed as a dividend and $ ....................represents a return of capital.

Answers

Answer:Of the $40,000 distribution, ....$28,000....................... is taxed as a dividend and $12,000...................represents a return of capital.

Explanation:

we will first compute dividend income for Holly

Loss  from  operations in the year =$36,000

Loss accrued till October 1st, since it accrues ratably  

January - September= 9 months

36,000 x 9/12 = $27,000                                                

But E&P at start of the year = $55,000

Therefore, E&P at October 1st = $55,000- $27,000 = $28,000

The remaining balance. $28,000 after the losses accrued have been deducted will be treated as dividend income

From the statement, the total cash distributed to Holly is $40,000,

$28,000 as calculated from above Is taxed as a dividend and $12,000 ( $40,000- $28,000) represents a return of capital.

On August 15, it sold 30 units. Using the FIFO perpetual inventory method, what is the value of the inventory at August 15 after the sale?

Answers

Answer: $210

Explanation:

When using the First In First Out (FIFO) method of Inventory Valuation, the company sells the goods that it acquired earliest first and then sells the goods acquired later last.

This company sold 30 units on August 15.

That would mean that using FIFO, the company sold all of its August opening inventory of 15 units. It also sold all 10 units purchased on August 5th and then sold 5 units from the August 12th purchase of 20 units.

= 15 + 10 + 5

= 30 units

This means that the only units left are;

= 20 - 5

= 15 units of the August 12th purchase are left.

Units cost $14 each.

Value of Inventory after sale = 15 units * 14

= $210

Explain how you would determine the company’s contribution margin and contribution margin percent. In your initial post include the following:

a. Identify which specific variables should be included in the calculation.
b. Illustrate your explanation by calculating the contribution margin and contribution margin percent using hypothetical values.
c. Explain what your calculated results tell you about the company’s sales and cost structure

Answers

Answer:

a. Identify which specific variables should be included in the calculation.

In order to calculate contribution margin and contribution margin percentage we need the following:

total net sales revenue = total sales - sales discounts - sales returns and allowancestotal variable costs

b. Illustrate your explanation by calculating the contribution margin and contribution margin percent using hypothetical values.

total net sales = $1,000,000

total variable costs = $750,000

contribution margin = $1,000,000 - $750,000 = $250,000

contribution margin % = $250,000 / $1,000,000 = 25%

c. Explain what your calculated results tell you about the company’s sales and cost structure

The higher the contribution margin, the more money the company has to cover fixed costs and generate profit. Generally the higher the contribution margin, the better.

In this case, a 25% contribution margin would be considered low, but it all depends on the fixed costs of the company. The larger the fixed costs, the more a company needs to have high contribution margins.

In some cases, analysts notice that groups of similar investors tend to flock to stocks that have dividend policies consistent with their financial needs. This circumstance is an illustration of:

Answers

Answer:

the clientele effect

Explanation:

This scenario best illustrates the concept/idea known as the clientele effect. This is the idea that a set of investors that are attracted to specific security/asset will affect the price of it when policies or circumstances change. This is mainly due to the fact that as a group with lots of buying power, purchasing those assets removes circulating supply from that asset which causes the price to go up, meaning if things change they can also sell which will cause prices to drop.

In years fair, you want to emphasize preventive health care. You found that a few employees take advantage of preventive health care options provided by the company. Which of the following statements is most likely to encourage employees to take action?

Answers

Answer: C. Feel better in less than 30 days and focus on your long-term wellness. This presentation will show you the many cost-free preventative health care options available to you that make a difference now and in the future.

Explanation:

Here are the options for the question:

A. Most people don't take action until it's too late. This presentation will show you the many preventative health care options available to you that have lasting and positive impacts now and in the future.

B. Most people don't take action until it's too late. This presentation will show you the many preventative health care options that help you avoid health crises now and in the future.

C. Feel better in less than 30 days and focus on your long-term wellness. This presentation will show you the many cost-free preventative health care options available to you that make a difference now and in the future.

From the question, we are informed that for a fair, emphasis want to be placed on preventive health care as it is found that only few employees take advantage of preventive health care that the company provides.

The most likely option that will encourage the workers to take action is option C "Feel better in less than 30 days and focus on your long-term wellness. This presentation will show you the many cost-free preventative health care options available to you that make a difference now and in the future".

The message conveyed in option C is simple and focus on different cost-free preventative health care options available and also on the short term impact and long term impact on one's health.

A customer opens a margin account by purchasing 100 shares of ABC at $60 per share, depositing the 50% Regulation T requirement. The stock rises to $80 per share on the next day and then falls to $60 per share on the day after. The account will now show:

Answers

Answer:

Account Balance in margin account:

Investment = $6,000 (100 x $60)

The customer's account will first increase with an unrealized gain of $2,000 ($80 - 60 x 100) on the next day.  It will then decrease with an unrealized loss of $2,000 ($80 - 60 x 100) on the day after.  This cancels the earlier unrealized gain.

Explanation:

The customer's investment will now show a balance of $6,000 with a contra account showing a debt of $3,000 for the balance of the Regulation T margin account.  According to investopedia, "A margin account is a brokerage account in which the broker lends the customer cash to purchase stocks or other financial products.  The loan in the account is collateralized by the securities purchased and cash, and comes with a periodic interest rate."

Fallen Company commonly issues long-term notes payable to its various lenders. Fallen has had a pretty good credit rating such that its effective borrowing rate is quite low (less than 8% on an annual basis). Fallen has elected to use the fair value option for the long-term notes issued to Barclay's Bank and has the following data related to the carrying and fair value for these notes.
Carrying Value Fair Value
December 31,2014 54,000 54,000
December 31,2015 44,000 42,500
December 31,2016 36,000 38,000
A. Prepare the journal entry at December 31 (Fallen's year end) for 2014, 2015, and 2016 to record the fair value option for these notes.B. At what amount will the note be reported on Fallen's 2015 balance sheet?C. What is the effect of recording the fair value option on these notes on Fallen's 2016 income?D. Assuming that general market interest rates have been stable ove the period, does the fair value data for the notes indicate that Fallen's credit-worthiness has improved or declined in 2016? Explain.

Answers

Answer:

A)                                    Journal entries

Date                           Account Titles                 Debit           Credit

Dec 31, 2014    No Journal Entry  

Dec 31,2015  Notes Payable                         $1,500

                        (44,000 – 42,500)

                        Unrealized Holding Gain/Loss                        $1,500

                        (Net Income)

Dec 31,2016    Unrealized Holding Gain/Loss    $3,500

                        (Net Income)

                        Notes Payable                                                   $3,500

                        (38,000 – 36,000 + 1,500)  

B)  The note will be reported at the fair value of notes payable as on 31 December 2015. Therefore, the note will get reported at $42,500 in the Fallen's 2015 balance sheet.

C) Fallen's 2016 net income will get reduced by $3,500 (refer to journal entry 3) as any change in fair value will be reported as an adjustment to the net income for the respective year.

D) Since, the general market interest rates have been stable over the period and similar risk investment in the year 2016, the changes in fair value indicate that Fallen's creditworthiness has improved.

Warner Company purchases $50,500 of raw materials on account, and it incurs $65,000 of factory labor costs. Supporting records show that:_______. A) the Assembly Department used $31,700 of raw materials and $38,300 of the factory labor.B) the Finishing Department used the remainder.

Answers

Answer:

1. The Journal Entry for the above will be as follows;

a.

DR Work in Progress - Assembly $31,700

DR Work in Progress - Finishing $ 18,800

CR Raw Materials $50,500

Working

Finishing Department used remainder = 50,500 - 31,700

= $18,800

b.

DR Work in Progress - Assembly $38,300

DR Work in Progress - Finishing $ 26,700

CR Factory Wages $65,000

Working

Finishing Department used remainder = 65,000 - 38,300

= $65,000

What's the term for the illegal practice of nudging buyers away from or toward a specific area based on the presence or absence of protected class members

Answers

Answer: steering

Explanation:

Steering is an illegal practice whereby people that are looking for homes are channeled towards particular areas based on their social status or race.

In such scenarios, the choice of the person looking for a home is being influenced by the person's gender, color, race, status, religion, disability, or national origin.

What role, if any, should the U.S. government take in this issue of setting fair wages in developing countries?

Answers

Answer:

Corporations of the United States should be tracked by the U.S government to ensure that workers' rights in developing countries should not be compromised.

Explanation:

In many developing countries political leaders are afraid that if wage rates are enforced on big corporations they could be forced off global markets. Foreign investment capital is significant to the economy of developing countries and there is always fear that the loss of such investment may break the economies of these countries. The government of the U.S should ensure vigorous monitoring programs that require businesses to report the location of international factories publicly so that human rights organizations can track their actions independently.

Mannisto, Inc., uses the FIFO inventory cost flow assumption. In a year of rising costs and prices, the firm reported net income of $244,087 and average assets of $1,550,550. If Mannisto had used the LIFO cost flow assumption in the same year, its cost of goods sold would have been $44,110 more than under FIFO, and its average assets would have been $40,630 less than under FIFO.
a) Calculate the firm's ROA under each cost flow assumption.
b) Suppose that two years later costs and prices were falling. Under FIFO, net income and average assets were $288,567 and $1,880,970, respectively. If LIFO had been used through the years, inventory values would have been $45,690 less than under FIFO, and current year cost of goods sold would have been $22,660 less than under FIFO. Calculate the firm's ROA under each cost flow assumption.

Answers

Answer and Explanation:

a. The solution of return on assets under each cost flow is described below:-

Return on assets under FIFO = Net income ÷ Average total assets

= $244,087 ÷ $1,550,550

= 15.7%

Return on assets under LIFO = Net income ÷ Average total assets

= ($244,087 - $44,110) ÷ ($1,550,550 - $40,630)

= $199,977 ÷ $1,509,920

= 13.2%

b. The computation of return on assets under each cost flow is shown below:-

Return on assets under FIFO = Net income ÷ Average total assets

= $288,567 ÷ $1,880,970

= 15.3%

Return on assets under LIFO = Net income ÷ Average total assets

= ($288,567 + $22,660) ÷ ($1,880,970 - $45,690)

= $311,227 ÷ $1,835,280

= 17%

You would like to combine a risky stock with a beta of 1.5 with U.S. Treasury bills in such a way that the risk level of the portfolio is equivalent to the risk level of the overall market. What percentage of the portfolio should be invested in Treasury bills

Answers

Answer:

66.67 %

Explanation:

The computation of the percentage of the portfolio should be invested in Treasury bills is shown below:-

Let us assume beta be x

So the equation would be

Percentage of portfolio = x × (Beta of stock) + (1 - x) × (Beta of T - Bills) - 1

= x × (1.5) + (1 - x) × (Beta of T - Bills) - 1

1.5x + (1 - x) × (Beta of T - Bills) - 1

1.5x + 0 = 1

x = 1 ÷ 1.5

= 0.67

or

= 66.67%

why should you always double check the citation generated using a citation generator

Answers

To be a responsible scholar by giving credit to other researchers and acknowledging their ideas. To avoid plagiarism by quoting words and ideas used by other authors. To allow your reader to track down the sources you used by citing them accurately in your paper by way of footnotes, a bibliography or reference list.

A labor contract provides for a first-year wage of $15 per hour, and specifies that the real wage will rise by 2 percent in the second year of the contract and by another 2 percent in the third year. The CPI is 1.00 in the first year, 1.09 in the second year, and 1.15 in the third year. What dollar wage must be paid in the third year

Answers

Answer:

$17.9469

Explanation:

Calculation for what dollar wage must be paid in the third year

Since the first year is tend to be the base year in which the real wage and nominal wage are both $15 per hour in that year.

The real wage is suppose to increase by 2 percent in the second year which means that the real wage in year two will be $15.30 ($15 * 1.02) per hour.

In a situation where the real wage was supposed to also increase by 2 percent in the third year, this means that the real wage in year three will be $15.606 ($15.3 * 1.02) per hour.

Therefore In order for us to find the nominal wage in third year , we have to index the real wage in order for it to adjust for inflation. Thus the nominal wage in third year will be $17.9469($15.606 * 1.15).

Therefore what dollar wage must be paid in the third year will be $17.9469

The dollar wage to be paid in the third year based on the labor contract is $17.95 per hour.

Data and Calculations:

First-year wage per hour = $15

Increase in real wage in the second year = 2%

Increase in real wage in the third year = 2%

First year's CPI = 1.00

Second year's CPI = 1.09

Third year's CPI = 1.15

What is CPI?

The Consumer Price Index (CPI) measures the weighted average prices of a basket of consumer goods and services in the United States, considering its general economic inflation. The labor contract raises the real wage by 2% in the second and third years. The CPI of year three is applied in computing the real wage to account for the effect of inflation.

Thus, the dollar wage that must be paid in the third year based on the labor contract is $17.95 per hour ($15 x 1.02 x 1.02 x 1.15).

Learn more about the CPI, inflation, and the real wage at https://brainly.com/question/24802187

A firm sells peanuts in a perfectly competitive market. Upon increasing production output from 60 packages to 75 packages, the total revenue increased from $300 to $375. What was the marginal revenue of this increase in production?

Answers

Answer:

$75

Explanation:

A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.

The price per unit = $300 / 60 = $5

The marginal revenue for one unit is $5

Production increased by 15 units, so marginal revenue increased by $5 × 15 = $75

I hope my answer helps you

When you read a case, you should:
Multiple Choice
Find the facts, look for the issue, critically think about the issue, and determine if your reasoning matches the reasoning of the judge.
Identify the legal issues, apply the facts to the legal issues, and evaluate the reasoning of the judge in light of the facts of the case.
Consider the truth of the facts of the case, identify legal questions raised, review the decision of the judge, and determine if the judge's decision was
justified by the rule of law.
Find the facts, look for the issue, identify the judge's reason and conclusion, locate the rules of law that govern the reasoning, and apply critical
thinking to the judge's reasoning.
Identify the facts, apply critical thinking skills to determine the truths of the facts, and identify how the judge interpreted the facts in the case.​

Answers

Answer: Find the facts, look for the issue, identify the judge's reason and conclusion, locate the rules of law that govern the reasoning, and apply critical thinking to the judge's reasoning.

Explanation:

When reading cases, one must first get acquainted with the facts of the case so look for them first. From this you can be able to look for the issue in question.

After this then read the Judge's conclusion as well as the Judge's reason for concluding the case as such. The Judge will base their ruling on rules of law so you should locate those laws as well as others that you think might be relevant and then finally apply critical thinking to the Judge's decision to see if the Judge interpreted and applied the law as it should have been.

An auto parts shop carries an oil filter for trucks. The annual demand for the oil filter is roughly 1200 units. The ordering cost per order for the auto parts shop is $80; the holding cost of carrying 1 unit is $1.2 per year. The shop has 360 working days per year. The lead time is usually 12 working days. Determine the annual total relevant, including ordering and carrying, cost. g

Answers

Answer:

$480

Explanation:

The first step would be to calculate the Economic order quantity. The formula for calculating the economic order quantity is as under:

Step 1: Find Economic Order Quantity

EOQ = Square-root (2* Annual demand * Ordering cost per order / Holding cost per unit per year)

Here

Annual demand is 1200 units

Ordering cost per order is $80

Holding cost per unit per year is $1.2 and

By putting values, we have:

EOQ = Square-root (2 * 1200 Units * $80 / $1.2)

= 400 Units

Step 2: Find Total ordering cost

Now, we will find Total ordering cost by using the following equation:

Total Ordering Cost = Number of Orders * Ordering cost per order

Here

Ordering cost per order is $80

Number of orders = Annual Demand / EOQ = 1200 units / 400 units

Number of orders = 3 orders per year

By putting values in the above equation, we have:

Total Ordering Cost = 3 * 80 = $240

Step 3: Find Annual Carrying Cost

By using the following formula we will find Annual Carrying Cost

Annual Carrying Cost = (EOQ ÷ 2) * Holding cost per unit per year

By putting values we have:

Annual Carrying Cost = (400 ÷ 2) * $1.2  = $240

Step 4: Now we will find Total Annual Inventory Cost by using the following equation:

Total Annual Inventory Cost = Annual ordering cost (Step 2) + Annual carrying cost (Step 3)

By putting values, we have:

Total Annual Inventory Cost = $240 + $240 = $480

Rhiannon Corporation has bonds on the market with 12.5 years to maturity, a YTM of 7.3 percent, a par value of $1,000, and a current price of $1,057. The bonds make semiannual payments. What must the coupon rate be on these bonds

Answers

Answer:

The coupon rate be on these bonds is 8%

Explanation:

The coupon payment is the periodic payment made using the coupon rate and face value of the bond.

Use follwing formula to calculate the coupon payment

Price of the bond = C x ( 1 - ( 1 + r )^-n / r ) + F / ( 1 + r )^n

r = YTM = 7.3% /2 = 3.65%

n = numbers of periods = 12.5 years x 2 = 25 periods

F = Face value = $1,000

Price of the bond = $1,057

C = ?

$1,057 = C x ( 1 - ( 1 + 3.65% )^-25 / 3.65% ) + $1,000 / ( 1 + 3.65% )^25

$1,057 = C x 16.22 + $408.10

$1,057 - 408.10 = C x 16.22

648.90 / 16.22 = C

C = $40 semiannually

C = $40 x 2 = $80 annually

Coupon rate = $80 / $1,000 = 0.08 = 8%

Brinker accepts all major bank credit cards, including First Savings Bank's, which assesses a 2.5% charge on sales for using its card. On May 26, Brinker had $6,400 in First Savings Bank Card credit sales. What entry should Brinker make on May 26 to record the deposit? Multiple Choice Debit Cash $6,240; debit Credit Card Expense $160; credit Sales $6,400. Debit Cash $6,400; credit Sales $6,400. Debit Cash $6,560; credit Credit Card Expense $160; credit Sales $6,400. Debit Accounts Receivable $6,240; debit Credit Card Expense $160; credit Sales $6,400. Debit Accounts Receivable $6,400; credit Sales $6,400.

Answers

Answer:Debit Cash $6,240; debit Credit Card Expense $160

Explanation:

Working

6,400 x 2.5% = $160 as the  credit card expense

Credit sales - credit card expense= Cash

6400 - 160 = $6,240 --- cash

Account                       Debit                 Credit

Cash                            $6,240

Credit Card Expense   $160

 Credit Sales                                         $6,400

Zahn Inc. sold 11,500 annual magazine subscriptions for $61 during December 20Y4. These new subscribers will receive monthly issues, beginning in January 20Y5. Zahn Inc. issued a $123,200, 180–day, 5% note payable on December 1, 20Y4. On March 31, 20Y5, Zahn Inc. had accounts payable of $ 22,700 and accrued wages payable of $6,700.

Required:
Prepare the Current Liabilities section of the balance sheet for Zahn Inc. on March 31, 20Y5.

Answers

Answer:

                                       Zahn Inc.

            Current Liabilities Section of the Balance Sheet

                                   March 31, 20Y5

Current liabilities                                                       Amount

Accounts payable                                                      $22,700

Accrued wages payable                                             $6,700

Accrued interest payable                                           $3,080

($123,200 * 5% * 6/12)  

Notes payable                                                             $123,200

Advances on magazine subscriptions                       $526,125

(11,500 * $61 * 9/12)

Total current liabilities                                                $681,805

Scampini Technologies is expected to generate $125 million in free cash flow next year, and FCF is expected to grow at a constant rate of 3% per year indefinitely. Scampini has no debt or preferred stock, and its WACC is 12%. If Scampini has 65 million shares of stock outstanding, what is the stock's value per share

Answers

Answer:

$21.37

Explanation:

Firm value = FCF1 / (WACC – g)

Firm value = $125,000,000/(0.12 – 0.03)

Firm value = $1,388,888,888.89

Equity value per share = Equity value / Shares outstanding

Equity value per share = $1,388,888,888.89 / 65,000,000

Equity value per share = $21.37

Determine the market price that Firm A receives for its product. Assume the price is constant because the firm is a price taker in a perfectly competitive market.

Answers

Answer: $28

Explanation:

In a Perfectly Competitive Market, firms are price takers in that the price is set by the market. As a result, the Price is equal to the Average Revenue as well as the Marginal Revenue. P = AR = MR

In the table, the Marginal Revenue (increase in revenue when an additional unit is sold) is $28 for all quantities and the Average Revenue at the fifth (and all units) is;

= 140/5

= $28

With both the Average and Marginal Revenues being $28, the price that Firm A receives is $28 as well.

A company's net sales were $678,400, its cost of goods sold was $218,810, and its net income was $35,550. Its gross margin ratio equals:

Answers

Answer:

The answer is 67.75 percent

Explanation:

Gross profit margin is a measure of profitability.

Gross margin ratio = (gross profit ÷ net revenue/sales) x 100 percent.

Gross profit = net sales - cost of sales

Net sales - $678,400

Cost of sales - $218,810

Gross profit = $678,400- $218,810

= $459,590

Now gross margin ratio:

($459,590/$678,400) x 100 percent

= 67.75 percent

g Last year, Adventure Enterprises reported revenues of $24 million while its total expenses were $10 million. Based on this information, Adventure reported:

Answers

Answer:

The answer is ' a profit of $14 million

Explanation:

Revenue = $24 million

Total expenses = $10 million

Profit(loss) = Revenue minus total expenses

$24 million - $10 million

Profit = $14 million.

It is a profit because revenue is greater than total expenses. Adventure Enterprises will report a loss if reported total expenses was greater than reported revenue

Communication skills refer to a manager’s ability to effectively convey ideas and information to others and to effectively receive ideas and information from others. This exercise focuses on communication skills as they involve deciding how to best convey information to others.Exercise BackgroundAssume that you are a middle manager for a large electronics firm. People in your organization generally use one of three methods to communicate with one another. One common method is verbal communication, either face-to-face or by telephone. Surprisingly, people also still use a lot of written communication in the form of memos, reports, letters, and other documentation. And, of course, there is also a lot of digital communication such as email and direct messaging.During a typical day you receive and send a variety of messages and other communication, sometimes using only a single method of communication but often using some combination of methods. The questions that follow ask you to select one or more methods that would be most effective for communicating specific kinds of information.Use your communication skills to answer the following questions.1. You need to reprimand a staff assistant who has been coming in to work late for the last several days. Which of these options would most likely be both efficient and effective? Check all that apply.Send an emailRegardless of what you do first, follow-up with a written reprimand to the individual’s personnel fileUse social mediaReprimand the individual in public so as to deter others from being lateSchedule a meeting to discuss the problem2. You need to schedule a meeting with your boss. Which of these options would most likely be both efficient and effective? Check all that apply.Call the boss’s assistant and request a meetingEmail the boss’s assistant and request a meetingWrite a formal letter to your boss asking for a meeting3. You need to inform a supplier that your company will soon be cutting back on its purchases because you plan to shift more of your business to a supplier offering lower prices. Which of these options would most likely be both efficient and effective? Check all that apply.A telephone call to the supplier to explain the situationAn email to the supplier to explain the situationA letter to the supplier to explain the situationA personal meeting with the supplier to explain the situation

Answers

Answer:

Communication Skills:

1. Reprimanding a staff assistant for late-coming:

Schedule a meeting to discuss the problem

2. Scheduling a meeting with your boss:

Call the boss's assistant and request a meeting.

3. Informing a supplier that your company will soon be cutting back on its purchases because you plan to shift more of your business to suppliers offering lower prices:

A telephone call to the supplier to explain the situation

An email to the supplier to explain the situation

Explanation:

Communication is a two-way traffic.  The central purpose is to enhance understanding.  In reprimanding a staff assistant, I shall first understand the problem he or she is facing.  Full understanding of a problem generates workable solutions.  Responding to problems without some created solution mechanisms will not ensure lasting relationships.  The main purpose in any communication situation is to achieve understanding of the challenges being faced by the other party, whether with my assistant, my boss's assistant, or my company's supplier.

When Steve is talking about his communications with employees, he says, "I constantly check in." The information Steve gets from employees during these check-ins is an example of

Answers

Answer:

Upward communication

Explanation:

Based on this information it can be said that this is an example of Upward communication. This is a form of communication that encourages employees to communicate directly with their upper management in order to create a sense of importance in employees as they begin to realize that the upper management cares about their thoughts and input. Which is what Steve is cultivating by having regular check-ins

TRUE OR FALSE PLEASE FOR BRAINLIEST ANSWER The doctrine of Respondeat Superior states that a principal must indemnify (reimburse) the agent for out of pocket expenses incurred even when the agent detours to satisfy a personal need.

Answers

Answer:

False

Explanation:

Rollins Corporation is estimating its WACC. Its target capital structure is 20 percent debt, 20 percent preferred stock, and 60 percent common equity. Its bonds have a 12 percent coupon, paid semiannually, a current maturity of 20 years, and sell for $1,000. The firm could sell, at par, $100 preferred stock which pays a 12 percent annual dividend, but flotation costs of 5 percent would be incurred. Rollins' beta is 1.2, the risk-free rate is 10 percent, and the market risk premium is 5 percent. Rollins is a constant-growth firm which just paid a dividend of $2.00, sells for $27.00 per share, and has a growth rate of 8 percent. The firm's policy is to use a risk premium of 4 percentage points when using the bond-yield-plus-risk-premium method to find rs. The firm's marginal tax rate is 40 percent. What is Rollins' cost of preferred stock? Select one: a. 10.0% b. 11.0% c. 12.0% d. 12.6% e. 13.2%

Answers

Answer:

d. 12.6%

Explanation:

Rollins Corporation will receive $100 - ($100 x 5% flotation costs) = $100 - $5 = $95 net for each preferred stock issued

Since it will have to pay $12 on preferred dividends, the cost of preferred stocks = preferred dividend per preferred stock / net amount received per preferred stock = $12 / $95 = 0.1263 = 12.6%

Flotation costs are costs that a corporation incurs when issuing new stocks or bonds, and they include legal fees, underwriting fees, etc.

Answer:

d. 12.6

Explanation:

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