The current year financial statements for Blue Water Company and Prime Fish Company are presented below. Blue Water Prime Fish Balance sheet: Cash Accounts receivable (net) Inventory Property &equipment (net) Other assets Total assets Current liabilities Long-term debt (interest rate: 15%) Capital stock ($10 par value) Additional paid-in capital Retained earnings Total liabilities and stockholders' equity Income statement: Sales revenue (1/2 on credit) Cost of goods sold Operating expenses Net income Other data: Per share stock price at end of current year Average income tax rate Dividends declared and paid in current year $ 20,300 33,100 44,200 409,400 312,000 S819,000 $ 59,500 61,400 519,000 106,700 72,400 S819,000 $ 41,700 41,500 95,500 150,500 84,700 S 413,900 $ 95,500 69,900 152,900 29,700 65,900 413,9005 819,00 6131000- S 436,500 (237,500) 162.400) $ 795,000 (400,700) 311,700 $ 82,600 $22.7 45 45% $ 33,700 $ 151,500 BLUE WATER COMPANY PRIME FISH COMPANY Ratio Profitability ratios: Return on equity Return on assets Financial leverage percentage Net profit margin Earnings per share 2. Turnover ratios: Total asset turnover Fixed asset turnover Receivable turnover Inventory turnover 9 Liquidity ratios 10 Current ratio Quick ratio 12. Cash ratio Solvency ratios 13. Debt/equity ratio Market ratios 14 Pricelearnings ratic 15. Dividend yield ratio

Answers

Answer 1

Direct expenses, or cost of goods sold (COGS), are subtracted from net sales, which are gross revenues minus returns, allowances, and discounts, to determine the gross profit margin. The gross profit margin ratio is determined by dividing that number by net revenues and then multiplying it by one hundred percent.

The Gross Profit Ratio (GP Ratio) of Blue Water Company is equal to (429,000-235,000)/429,000*100, or 45.22 percent. The Prime Fish Company Go Ratio is equal to (790,000-401,200)/790,000*100, or 49.22 percent.

The income before interest and interest expense divided by the times interest earned ratio is equal to 100 Blue water company = 194,000/163400 = 118.7% Prime fish company = 388,800/312,200 = 124.54%.

Cash coverage ratio is the ratio of cash and cash equivalents to current liabilities. Blue Water Company is 42,200 times 93,000, or 45.37 percent. Prime Fish Company is 19,800 times 34,600, or 57.23%.

To learn more about Gross Profit Ratio here

https://brainly.com/question/15204397

#SPJ1


Related Questions

which financial tool will you use if you need to understand how much return the company has generated relative to its assets?

Answers

If you want to know how much return the firm has produced in relation to its assets, you may use the financial instrument known as return on assets.

A measure of a company's profitability in relation to its total assets is called return on assets. Management, analysts, and investors can use ROA to assess how well a firm uses its resources to make a profit. By dividing a company's net income by all of its assets, you may get its ROA.

As it demonstrates to investors how the firm actually behaves in terms of converting assets into net capital, ROA is a crucial indication for a corporation. Therefore, it can be concluded that the better the measure, the better it is for the management of the company.

To learn more about return on assets

https://brainly.com/question/14969411

#SPJ4

the initial efforts to commercialize a self-driving car were started by ibm in the 1980s. group of answer choices true false

Answers

The following statement "the initial efforts to commercialize a self-driving car were started by IBM in the 1980s" is false.

International Business Machines Corporation (IBM) is a global technology corporation based in Armonk, New York, that operates in over 171 countries. The Computer-Recording (CTR) Company was started in 1911 in Endicott, New York, by trusted businessman Charles Ranlett Flint, and was renamed "Business Machines" in 1924. In New York, IBM was formed.

IBM produces and sells computer hardware, middleware, and software, as well as hosting and consulting services spanning from mainframes to nanotechnology. IBM is also a major research institution, having held the record for the number of annual US patents created by a company for 29 consecutive years (as of 2021).

To know more about IBM here-

https://brainly.com/question/17156383

#SPJ4

an equal opportunity complaint is made against one of your subordinate supervisors. what statement best decribes the action you should take

Answers

The statement that best describes the action you take in an equal opportunity complaint is to express the event as soon as possible via all accessible channels.

What is an equal opportunity?

Equal opportunity is a condition of justice in which everyone are treated equally, free from barriers, biases, or preferences created artificially, unless some discrepancies can be clearly explained. The idea behind this is that important positions in an organization should go to those who are most qualified for them, or those who are most likely to perform capably in a given task, rather than being awarded to people for arbitrary or irrelevant reasons like birth circumstances, upbringing, having well-connected relatives or friends, religion, sex, ethnicity, race, caste, or involuntary personal characteristics like age, gender identity, or sexual orientation.

Chances for growth should be available to everyone, they argue, regardless of their income, rank, or affiliation with a privileged group. The goal is to eliminate arbitrariness from the hiring process and base it on some sort of "pre-agreed basis of fairness, with the evaluation procedure being relevant to the type of position" while putting a focus on formal and legal methods. Success or failure should be determined by an individual's efforts, not by unrelated factors like having well-connected parents. It opposes nepotism and affects whether a social system is seen to be legal. Although it may be applied to many other areas as well, the idea is relevant to sectors of public life where benefits are acquired and received, such as work and education. The foundation of the meritocracy idea is equal opportunity.

To learn more about an equal opportunity from the given link

https://brainly.com/question/27882506

#SPJ4

an equal opportunity complaint is made against one of your subordinate supervisors. what statement best decribes the action you should take

During which step of developing the promotion mix do marketers consider the hierarchy of effects and the need to​ ""push"" the consumer through various stages from awareness to​ loyalty?.

Answers

The most utilized promotional elements in the increase stage are advertising and marketing and non-public selling.

Advertising is a tremendous tool to differentiate the product's attributes from these of the competing products. Advertising helps to stress brand differences.

Which promotional combine method directs advertising efforts towards remaining consumers?

Pull strategy

Pull strategy is when the producer directs its advertising and marketing things to do toward the closing customers to induce them to buy the product and create demand from channel members.

Personal promoting – The two-way go with the flow of private communication between a salesperson and a patron that is paid for through the association and seeks to affect the customer's buy decision. 4 Public members of the family – Communication focused on promotion tremendous relations between a company and its stakeholders.

Learn more about product life cycle here:

https://brainly.com/question/25754149#SPJ4

in the case ralph wall suggested that churn might depend on customer age. perhaps a different logistic regression would be appropriate for different customer age groups? try splitting the sample in 0-6 months, 7-13 months and 14 and running separate models.

Answers

Using customer turnover data, logistic regression may be used to build a model that predicts whether a certain customer or group of customers will stop using a service.

What does the word logistics mean?

The process of organizing and carrying out the effective storage and movement of commodities from of the point of origin to the place of consumption is known as logistics. The objective of logistic is to fulfill client demands in a timely and economical manner.

Is studying logistics challenging?

The majority of failure points occur during logistical tasks, which makes logistics itself a highly difficult sector within the SCM domain, according to Sharma. For instance, on some days, you could be required to come up with a

To the more about logistic visit:

https://brainly.com/question/25380728

#SPJ4

a company restricts the personal use of company vehicles by written policy to commuting between work and home. an employee commutes 15 miles each way for 14 days during one month. when the employee qualifies for the commuting method, calculate the value of the employee's personal use of the vehicle included in the employee's income.

Answers

The value of the employee's personal use of the vehicle included in the employee's income for that month is $(14)(15)(2) = $420.

To calculate this, you need to first determine the total number of miles the employee used the company vehicle for personal use. In this case, it is (14 days)(15 miles each way) = 210 miles.

Next, you need to determine the value of the personal use of the vehicle. This can be done by using the IRS standard mileage rate for the personal use of a company vehicle. This rate is currently 54 cents per mile. So, the value of the employee's personal use of the vehicle included in the employee's income for that month is (210 miles)($0.54) = $420.

For more questions like Employees click the link below:

https://brainly.com/question/18868274

#SPJ4

Which of the following statements are true about this natural monopoly? Check all that apply. In order for a monopoly to exist in this case, the government must have intervened and created it. It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers. The cable company is experiencing economies of scale. The cable company must own a scarce resource.

Answers

Economies of scale are being experienced by the cable firm. One producer rather than several manufacturers in this market is more cost-effective from a production standpoint. The answer is C and D.

What is natural monopoly?

A natural monopoly is a situation in which there is only one firm in the market due to entry restrictions, and that firm has the power to limit output and raise prices in order to maximize profits. Economy of scale and ownership of a valuable natural resource are the entry hurdles that lead to a natural monopoly.

Because the average total cost is excessively high for low outputs and smaller businesses are unable to compete on price, it acts as a barrier to entrance. Because beginning fixed costs are high, economies of scale occur as the average cost falls as output rises.

To know more about Natural monopoly, visit:

https://brainly.com/question/3334233

#SPJ1

if sales are $1,000,000 and contribution margin is $250,000, the contribution margin ratio is %.

Answers

The required contribution margin ratio will be 0.25.

The contribution margin ratio is the ratio of the contribution margin to the sales.

Contribution margin ratio = Contribution margin ÷ Sales

As per the given question, the data will be as:

Sales = $1,000,000

Contribution margin = $250,000

Contribution margin ratio = Contribution margin ÷ Sales

Contribution margin ratio = $250,000 ÷ $1,000,000

Apply the division operation, and we get

Contribution margin ratio = 0.25

Thus, the required contribution margin ratio will be 0.25.

In finance, an enterprise's gross margin is certainly the distinction between sales and fee of goods offered (COGS) divided through that revenue determine. not like gross profits, which might be expressed as absolute greenback quantities, gross margins are expressed in percent bureaucracy.

Gross earnings are the cash left over after an organization's prices are deducted from its income. Gross margin is an agency's gross profit divided by using its income and represents the amount earned in earnings in step with the greenback of income. Gross profit is said as a range of, at the same time as the gross margin is said as a percent.

Learn more about margin here https://brainly.com/question/15691460

#SPJ4

the is the department manager's tool for daily and weekly operations. a.conventional goal b.strategic goal c.tactical plan d.operational plan e.strategic plan

Answers

For daily and weekly operations, the operational plan is the department manager's tool.

Operational planning falls under which level of an organisation?

Middle managers are in charge of setting operational objectives and plans. operational degree The execution stage of the organisational planning process involves defining operational objectives and plans.

How does an operating plan work?

A strategic plan explains the organization's goals and objectives, while an operational plan outlines the tasks and deadlines that will be used to move those goals and objectives forward. It gives an organization's daily operations a framework. Typically, a one-year time frame is included in an operational plan.

To know more about operations visit:-

https://brainly.com/question/20916293

#SPJ4

________ is the net return from a marketing investment divided by the costs of the marketing investm

Answers

The profit on advertising budget is calculated by dividing the net profit from a marketing effort by its expenses. It calculates the returns on investments made in marketing initiatives.

What does the term "marketing" mean?

The process of developing, communicating, delivering, and trading offerings that are important to customers, investors, partners, and society at large collectively is known as marketing.

Which four sorts of marketing are there?

When selling a good or service, the four Ps are a "marketing mix" made up of four essential components: product, pricing, place, and promotion. The four Ps are typically taken into account by firms when developing marketing plans to reach their target audience.

To know more about Marketing visit:

https://brainly.com/question/13414268

#SPJ4

what is perhaps the most significant environmental factor affecting the international market for industrial goods and services?

Answers

Perhaps the most important environmental element influencing the global market for industrial goods and services is the degree of industrialization.

Which factors impact international marketing?

Cost, price elasticity of demand, competition, nature of the product or business, currency rate fluctuations, distribution system, location of the manufacturing facility, location and environment of the foreign market, and foreign market laws are a few of the aspects to consider.

What does the term "industrialization" mean?

The process of industrialization is when a country or region switches its economic emphasis from industry to agriculture. A crucial element of this change is the use of automated mass production techniques.

To know more about foreign market, visit:

brainly.com/question/14509293

#SPJ4

if the administrator wishes to conduct an examination of an investment adviser's books and records, how much advance notice must be given? a) 30 days b) 60 days c) none d) 15 days

Answers

if the administrator wishes to conduct an examination of an investment adviser's books and records, there is no need for advance notice.

Form ADV offers details about a financial adviser and its operations. Form ADV also includes information regarding some disciplinary incidents surrounding the adviser as well as its employees.

Typically, documentation retention policies oblige organizations to keep records for one, three, as well as seven years. In some situations, you will be required to maintain the records indefinitely. Unless you're unclear about what to save and where to shred, consult with your accountant, lawyer, as well as state record-keeping organization.

All advisers, not only those who accept custody, should keep the records established by the Administrator.

To know more about administrator

https://brainly.com/question/17283938

#SPJ4

a company is planning a campaign and their goals for the campaign are for it to be inexpensive and provide them with direct interaction their audience. which type of media should be used to accomplish their goals?

Answers

Social media would be the best option for an inexpensive and direct interaction with an audience. Additionally, these platforms are all very cost-effective, making them a great choice for a campaign with a limited budget.

The Benefits of Social Media for CampaignsSocial media also allows companies to have direct conversations with their audience, which is something that is difficult to achieve with other forms of media. Companies can create content that is tailored to their audience and start conversations with them in order to build relationships and trust. Additionally, social media analytics tools allow companies to track the performance of their campaigns, giving them the ability to adjust their strategy accordingly.

Learn more about Social media at: https://brainly.com/question/23976852

#SPJ4

1) describe three threats to safety and three threats to security in the hospitality organization with which you are most familiar. explain how management currently addresses (manages) these threats.

Answers

Among these dangers are fire, calamities, gas leaks, and electrical issues. Some emergencies can be prevented or managed with the use of measures. And know how to keep things under control in tense circumstances to prevent harm, fatalities, and property loss.

Which three categories of dangers could possibly exist in a hotel?

The hazards that hotels must deal with include loitering, vandalism, and theft. And not just from visitors and other outside parties. Employees at the hotel who are fully aware of your weaknesses may use your company to their advantage.

Describe how the management is now handling (managing) these risks.Make sure that anyone who lifts anything by hand receives regular instruction.Utilize the signage and lighting to your advantage.Lock up any chemicals when not in use, and keep them securely.Extension cables should only be used sparingly, and in damp areas, they should be kept dry.Verify the safety and functionality of all used equipment.Make sure the required safety measures are in place and evaluate the fire risk.

Learn more about security in the hospitality organization: https://brainly.com/question/20410165

#SPJ4

maryland broker joseph tells his client that a property is zoned as residential, even though he knows it's zoned as commercial. this violation is an example of .

Answers

This violation is an example of making a substantial and willful misrepresentation.

No matter the size of the transaction, misrepresentation is a basis for contract breach because it only applies to statements of fact, not opinions or predictions.

Misrepresentations are false statements of truth that have an impact on another party's decision regarding a contract and can, in some cases, cause the other party to seek damages.

There are three different kinds of misrepresentations: innocent, negligent, and fraudulent, each of which has a different set of penalties.

A falsehood or willful fabrication that has an impact on a home's or property's market value is referred to as misrepresentation in real estate. The misrepresentation of a property's square footage is a typical example of this.

A buyer can frequently file a lawsuit for misrepresentation even after a purchase has been completed because sales prices are frequently dependent on square footage.

To know more about contract, visit:

https://brainly.com/question/984979

#SPJ4

you can choose more than one answer below. you sell shoes and footwear-related accessories on your online store. which of the following would be a macro conversion? group of answer choices a customer downloads your newsletter a customer buys shoes a customer buys socks a customer looks at product reviews on your site for a particular pair of shoes a customer signs-up to get text alerts

Answers

The sell shoes and footwear-related accessories on your online store. which of the following would be a macro conversion

a completed sales transaction by customer

When an End User delivers to DIAGNOS a properly completed License Agreement in the form attached here as Schedule C, it is referred to as a Completed Sale if it results in the sale of a license for the Product to that End User in the Authorized Area of the Territory.

The proverb "Nothing occurs until you sell it" is among the most often used in business. There's no denying that a company has to create sales that result in enough income to cover its costs and retain a profit.

There are three types of sales when it comes to cash collection:

Cash sales: When a company makes a sale and provides a customer with a product or service, cash is paid.

Credit sales: The consumer is allowed some time before the company must be paid; cash isn't collected until after the transaction has been made.

Advance payment sales: The client makes money to the business before the transaction is complete, or before the firm provides the customer with the product or service.

To know more about customer visit:
https://brainly.com/question/13472502
#SPJ4

Scenario Firms Type of Product Market Model in a major metropolitan area, there are many coffee shops, but one chain has gained a large market share because customers feel its coffee tastes better than its competitors' Dozens of companies produce plain white socks. Consumers regard plain white socks as identical and don't care about who sells them their socks. The technology for producing socks is widely known, and any reputable person who wanted to start a sock manufacturing business could obtain a loan from a bank to buy the necessary machinery In a small town, there are four providers of broadband Internet access: a cable company, the phone company, and two satellite companies. The Internet access offered by all four providers is of the same speed. Almost everyone in the city already has broadband, so any potential new company would have to engage in a price war with the existing companies and would be unlikely to cover its costs for years, If ever The government has granted a patent to a drug company for an experimental AIDS drug. That company is the only firm permitted to sell the drug Scenario Firms In a major metropolitan area, there are many coffee shops, but one chain has gained a large market share because customers feel its coffee tastes better than its competitors'. Many Dozens of companies produce plain white socks. Consumers regard plain white socks as identical and don't care about who sells them their socks. The technology for producing socks is widely known, and any reputable person who wanted to start a sock manufacturing business could obtain a loan from a bank to buy the necessary machinery Few One In a small town, there are four providers of broadband Internet access: a cable company, the phone company, and two satellite companies. The Internet access offered by all four providers is of the same speed. Almost everyone in the city already has broadband, so any potential new company would have to engage in a price war with the existing companies and would be unlikely to cover its costs for years, if ever. The government has granted a patent to a drug company for an experimental AIDS drug. That company is the only firm permitted to sell the drug. tajor metropolitan area, there are many coffee shops, but one chain has gained a large market share because customers feel Its coffee tastes better than its competitors'. - Identical Dozens of companies produce plain white socks. Consumers regard plain white socks as identical and don't care about who sells them their socks. The technology for producing socks is widely known, and any reputable person who wanted to start a sock manufacturing business could obtain a loan from a bank to buy the necessary machinery Unique Differentiated In a small town, there are four providers of broadband Internet access: a cable company, the phone company, and two satellite companies. The Internet access offered by all four providers is of the same speed. Almost everyone in the city already has broadband, so any potential new company would have to engage in a price war with the existing companies and would be unlikely to cover its costs for years, if ever. The government has granted a patent to a drug company for an experimental AIDS drug. That company is the only firm permitted to sell the drug Scenario х Firms Type of Product Market Model In a major metropolitan area, there are many coffee shops, but one chain has gained a large market share because customers feel its coffee tastes better than its competitors' Dozens of companies produce plain white socks. Consumers regard plain white socks as identical and don't care about who sells them their socks. The technology for producing socks is widely known, and any reputable person who wanted to start a sock manufacturing business could obtain a loan from a bank to buy the necessary machinery Perfect Competition In a small town, there are four providers of broadband Internet access: a cable company, the phone company, and two satellite companies. The Internet access offered by all four providers is of the same speed. Almost everyone in the city already has broadband, so any potential new company would have to engage In a price war with the existing companies and would be unlikely to cover its costs for years, if ever. Oligopoly Monopolistic Competition Monopoly The government has granted a patent to a drug company for an experimental AIDS drug. That company is the only firm permitted to sell the drug

Answers

Different types of market model in various scenarios are given below

                                             NO. of firms        Type of product    Market                                                                                                                    
                                                                                                            Model                                                                                                                                                      
In first scenario there are      Many                  Differentiated  Monopolistic
many coffee shops but
one chain has gained a
large market share due to
product differential.

In second scenario there       Many                Identical             Perfect
are dozens of pasta producer
that sell past to hundred
Italian restaurants.


In third scenario in a large     Few               Identical                 Oligopoly
city two taxi companies own
all the licenses that the city
will grant.

In fourth scenario the govt.     One             Unique                   Monopoly
has granted a patent to a
dug company for experimental
AIDS drug.

For more information on market model visit:
https://brainly.com/question/27399438
#SPJ4

Divisions of the Fed known as _____ handle almost all the checks written against a bank in one city and presented for deposit to a bank in a second city.
Multiple Choice
bank holding companies
bank examiners
Federal Reserve banks
Federal Reserve accounts
check clearinghouses

Answers

Check clearing houses

what are four main types of financial ratios used in ratio analysis? multiple select question. liquidity ratios

Answers

The four main types of financial ratios used in ratio analysis includes:

Profitability ratios.Liquidity ratios.Solvency ratios.Valuation ratios.

What Is Ratio Analysis in accounting?

A ratio analysis refers to a quantitative method of gaining an insight into a company's liquidity, operational efficiency and profitability, in most case by studying its financial statements such as the balance sheet and income statement.

Its works by comparing the line-item data from a company's financial statements to reveal insights regarding profitability, liquidity, operational efficiency, and solvency. In conclusion, a ratio analysis is the cornerstone of fundamental equity analysis.

Read more about ratio analysis

brainly.com/question/20715261

#SPJ1

Answer:

profitability ratios

debt ratios

liquidity ratios

activity ratios

Explanation:

in the traditional approach to managing contractual relationships, blank is limited due to fear of reprisal and lack of continuous improvement opportunity.

Answers

Traditionally, managing contractual relationships has been done through structured communication.

The definition of structured communication

In order to increase understanding and interpersonal interactions, structured communication is a strategy you can use. In business settings, using structures in your communication is crucial to ensuring that coworkers are aware of procedures and are working efficiently to support organizational goals. The type of message or interaction you're having with others will determine whether you should use structured communicating. For instance, various structures can be used to direct clarity and focus when conducting team meetings and communicating information. Communication with structure has a number of benefits. Frameworks offer a way to clearly communicate information in written communications.

Know more about structured communication visit:

https://brainly.com/question/3595696

#SPJ4

pilot manufacturing prepared a report and noted budgeted fixed overhead costs of $3.25 per unit at 1,375 units. in october, the managerial accountant incurred actual fixed overhead costs of $4,600 and the actual production was 1,500 units. what is pilot manufacturing’s fixed overhead budget variance for october?

Answers

An overhead value variance is the distinction between the amount of overhead utilized at some stage in the manufacturing system and the real quantity of overhead charges incurred in the course of the period.

What is overhead fee formula?

To calculate the overhead rate, divide the indirect prices through the direct expenses and multiply by means of 100 If your overhead fee is 20%, it capability the business spends 20% of its revenue on producing a excellent or imparting services. A decrease overhead fee suggests effectivity and extra profits.

What are the sorts of overhead variance?

Factory overhead variances can be separated into a controllable variance and a volume variance. The variable manufacturing unit overhead controllable variance is the distinction between the true variable overhead costs and the budgeted variable overhead for genuine production.

Learn more about overhead cost variance here:

https://brainly.com/question/17167100#SPJ4

an individual who is a supporter of globalization would argue that it helps the developing world by: providing people in developing countries with more jobs. allowing new ideas and technological innovations to spread quickly. giving entrepreneurs access to foreign investment funds to support economic development. all of these answers are correct

Answers

Proponents of globalization support developing countries by providing entrepreneurs access to foreign investment capital, enabling the rapid diffusion of new ideas and innovations, and creating more jobs for people in developing countries. would argue that it helps support economic growth. Here option D is the correct answer.

Proponents of globalization argue that it could make the world a better place and solve deep-seated problems such as unemployment and poverty. Marginalized people have the opportunity to exhibit on the global market.

Globalization has increased the awareness of consumers around the world to various investment opportunities, economic trends, and new products. Socially speaking, globalization provides better connections for people around the world. Culturally, it facilitates an increased exchange of values ​​and ideas.

To learn more about globalization

https://brainly.com/question/15283031

#SPJ4

the purchase of treasury stock​ . question content area bottom part 1 a. increases assets and decreases​ stockholders' equity b. increases assets and​ stockholders' equity c. decreases assets and​ stockholders' equity d. decreases assets and increases​ stockholders' equity

Answers

Increases assets and decreases​ stockholders' equity, Treasury stock, also referred to as treasury shares or reacquired stock, denotes previously outstanding stock that the issuing company has acquired from stockholders.

Does buying Treasury stock add to one's assets?

When Treasury Stock is bought, the amount of the purchase price multiplied by the number of shares is deducted from the Treasury Stock account. Treasury Stock is a counter equity account that grows through debiting. It is not an account for assets.

What transpires after a sale of Treasury Stock?

The shareholders' equity always rises as a result of selling treasury shares. You can see what happens when a business sells treasury shares at a premium to cost in the preceding example. If a business sells treasury shares below cost, the accounting is different.

To learn more about Treasury Stock visit:

https://brainly.com/question/28392297

#SPJ4

Q5 Social Security is a sizable program that impacts many families in the United States. Which of the following statements is not correct regarding Social security?A. Social Security was never intended to provide a substantial wage replacement ratio for most Americans.B. Social Security skews benefits towards lower wage earners and away from higher wage earners.C. Social Security provides 90% or more of the income for more than 20% of retired married couples.D. All of the above statements are true.

Answers

D. All of the above statements are true.

How does Social Security operate and what is it?

We enroll people in Medicare and manage retirement, disability, survivor, and family benefits. Additionally, we offer Social Security Numbers, which are special identification numbers required for employment, managing financial transactions, and determining eligibility for particular government services.

Almost every American worker receives retirement income from Social Security. Additionally, we provide SSI (Supplemental Security Income) to some seniors 65 and older with low incomes and resources.

If your medical condition is expected to result in death or if it prevents you from working for a period of twelve months or more, Social Security may be able to help. If a child has a condition that significantly limits their daily activities, we might be able to offer support.

Know more about Social Security visit:

https://brainly.com/question/23913541

#SPJ4

in preparation for a credentialing process, a county hospital will be conducting an audit. what is the primary focus of this activity?

Answers

The primary focus of conducting an audit is determining if present practice is supported by the greatest available evidence.

What is an audit?

An audit is defined as "an independent review of the financial statements of any company, whether profit-oriented or not, regardless of its size or legal structure, when such an examination is done with a view to expressing an opinion thereon." Additionally, auditing makes an effort to confirm that the company is maintaining its books of accounts in accordance with the law. The assertions that are put before the auditors are taken into consideration, supported by evidence, and evaluated in the auditing report.

Since it was first used as a safety precaution in antiquity, auditing has become so widespread in the public and business sectors that scholars have begun to refer to it as a "Audit Society."

To learn more about an audit from the given link

https://brainly.com/question/26048609

#SPJ4

in preparation for a credentialing process, a county hospital will be conducting an audit. what is the primary focus of this activity?

suppose that as a project manager, you provide detailed plans and frequent project updates to both the team and stakeholders. what project management value does this represent? 1 point

Answers

The successful communication This adds value to the project management. The effective communication is the process of exchanging concepts, viewpoints, information, and facts to guarantee that the message is received and comprehended with the precision.

Both the sender and the recipient are content when we communicate effectively. In a productive communication, everyone involved feels content and successful. Conflict is less likely to arise when the project communications are clear since there is less chance of misinterpretation or message modification. Listening is a critical component of communication. The effective project listening requires more than just understanding what is being said or written.

To learn more about project, click here.

https://brainly.com/question/29564005

#SPJ4

kiyara (single) is a 50 percent shareholder of guardian corporation (an s corporation). kiyara does not do any work for guardian corporation. guardian corporation reported $348,000 of business income for the year (2022). before considering her business income allocation from guardian corporation and the self-employment tax deduction (if any), kiyara's adjusted gross income was $298,000 (all employee salary). kiyara has $42,400 in itemized deductions. answer the following questions for kiyara.
A). Assuming the income allocated to Kiyara is qualified business income, what is Kiyara's deduction for qualified business income? Assume Kiyara's share of wages paid by Guardian Corporation is $62,500 and her share in the unadjusted basis of qualified property used by Guardian was $225,000.

Answers

After calculating, Kiyara's deduction for qualified business income is $62,500.

To determine Kiyara's deduction for qualified business income, we need to calculate the QBI deduction using the rules provided by the IRS. The deduction is generally 20% of qualified business income subject to certain limitations.

Step 1: Calculate Kiyara's share of the qualified business income from Guardian Corporation.

Kiyara's share of the business income reported by Guardian Corporation is 50% of $350,000, which equals $175,000.

Step 2: Determine Kiyara's share of wages paid by Guardian Corporation.

Kiyara's share of wages paid by Guardian Corporation is $62,500.

Step 3: Determine Kiyara's share in the unadjusted basis of qualified property used by Guardian Corporation.

Kiyara's share in the unadjusted basis of qualified property used by Guardian Corporation is $225,000.

Step 4: Determine the wage and qualified property limitations.

The QBI deduction may be limited based on the lower of two calculations: 50% of the W-2 wages paid by the business or 25% of the W-2 wages + 2.5% of the unadjusted basis of qualified property.

In this case, the wage limitation is $62,500, which is lower than 25% of wages plus 2.5% of the unadjusted basis of qualified property.

Step 5: Calculate the QBI deduction.

To calculate the QBI deduction, multiply Kiyara's share of qualified business income ($175,000) by the smaller of the wage limitation ($62,500) or the wage and qualified property limitation.

$175,000 x ($62,500 / $175,000) = $62,500

Therefore, Kiyara's deduction for qualified business income is $62,500.

Learn more about business income here:

https://brainly.com/question/34530629

#SPJ12

Use the following terms to complete the sentences that follow; terms may be used once, more than once, or not at all.
static
flexible
spending
production manager
variable overhead rate
variable overhead efficiency
fixed overhead spending
purchasing manager
favorable
unfavorable
debit
credit
fixed overhead budget
fixed overhead volume
A_______ budget is based on a fixed estimate of sales volume.
A ________ variance represents the difference between actual and expected levels of activity
The _______ is typically responsible for the direct materials quantity variance
The variable overhead rate variance is _______ when the actual variable overhead rate is less than the standard variable overhead rate.
Unfavorable variance appear as _________ entries; favorable variances appear as ______entries
The ________ variance is the difference between between the number of actual direct labor hours used and the number of standard direct labor hours multiplied by the standard variable overhead rate.
Using less direct materials than expected results in a ____ variance.
The _________ is typically responsible for the direct labor efficency variance.
The _________ variance is sometimes also called the denominator variance
When recording journal entries, the actual cost is a ______ and the standard cost is a ________

Answers

The practise of delivering financial resources and information to managers for decision-making is known as management accounting, also known as managerial accounting. Only the organization's internal team uses management accounting.

Following are the answers for the fill in the blanks:-

1. A static budget is based on a fixed estimate of sales volume

2. A volume variance represents the difference between actual and expected levels of activity.

3. The production manager is typically responsible for the direct materials quantity variance

4. The variable overhead rate variance is favorable when the actual variable overhead rate is less than the standard variable overhead rate.

5. Unfavorable variance appears as debit entries; favorable variances appear as credit entries.

6. The variable overhead efficiency variance is the difference between the number of actual direct labor hours used and the number of standard direct labor hours multiplied by the standard variable overhead rate.

7. Using less direct materials than expected results in favorable variance.

8. The production manager is typically responsible for the direct labor efficiency variance.

9. The fixed overhead volume variance is sometimes also called the denominator variance.

10. When recording journal entries, the actual cost is a debit and the standard cost is a credit.

Learn more about Management Accounting here: https://brainly.com/question/21597572

#SPJ4

Which of the following is an example of a strategic alliance partnership that uses a network cooperative strategy? a Redbox b. Oneworld ora DowAksa d. Mittercoors

Answers

One world or Dow Aksa  is an example of a strategic alliance partnership that uses a network cooperative strategy

A strategic alliance is an agreement between two or more parties to collaborate in order to accomplish a certain set of objectives while continuing to run their respective businesses independently. Each member of the alliance believes that the alliance's advantages will outweigh the outcomes of their individual efforts. It is a cooperative or synergistic effort. Common components of alliances include the transfer of technology, economic specialisation, shared costs, and risk sharing. Typically, a formal agency, partnership company, or corporate affiliate arrangement will be superior to a strategic alliance. When two businesses each have one or more corporate assets or talents that will advance the other by advancing their respective sectors, a strategic alliance is often created. Outsourcing relationships that attempt to accomplish long-term objectives

Learn more about  alliance from

brainly.com/question/28287869

#SPJ4

9. how is collusion used in oligopoly markets? what is a cartel? are they legal? give one example of either collusion or a cartel that has occurred in the past.

Answers

Collusion used in oligopoly markets: Collusion can be defined as joint profit maximization.

When there are few large firms that dominate a market then they decide to collude to limit the competition and maximize joint profit. There is one form of collusion also known as a cartel. A cartel is an agreement between competing firms to control prices or exclude the entry of a new competitor in a market. It is a formal organization of sellers or buyers that agree to fix selling prices, purchase prices, or reduce production using a variety of tactics.

Since these cartels restrain competition among the member firms, their formations have been made illegal in some countries by the Govern­ments passing laws against them. For instance, the formation of a cartel is illegal in the U.S.A. under the Anti-Trust Laws passed there. However, in spite of the illegality of cartels they are still formed in the U.S.A. through secret devices, and by adopting some means or the other shrewd businessmen are able to evade the anti-monopoly laws.​

In India also it is illegal, as the cement and tire industry formed a cartel then CCI warned them through legal notices.

Learn more about cartels here:

https://brainly.com/question/15294015

#SPJ4

Other Questions
You are an economic adviser using the Fed model to analyze the economy. What is the effect of a rise in the risk premium in the economy? a rise in the real interest rate, falling output, and unexpected deflation a fall in the real interest rate, rising output, and unexpected inflation a rise in the real interest rate, rising output, and unexpected inflation a fall in the real interest rate, falling output, and unexpected deflation moss county bank agrees to lend the sadowski brick company $300,000 on january 1. sadowski brick company signs a $300,000, 6%, 9-month note. what is the adjusting entry required if sadowski brick company prepares financial statements on june 30? simplify the picture which type of data visualization method can be helpful when the intention is to show the distribution of annual salary at the research and development department of a health tech company? in a client with a dislocation, the nurse should initially perform neurovascular assessments a minimum of every 15 minutes until stable. which complication does the assessments help the nurse to monitor in the client? from a point on a river, two boats are driven in opposite directions, one at 10 miles per hour and the other at 14 miles per hour. in how many hours will they be 120 miles apart? Please Help!!!! Hurry!!! dr. sweeney is a research chemist who recently discovered an old bottle labeled perchloric acid (hclo) in the back of his research laboratory. after verifying that the contents of the bottle were indeed hclo, dr. sweeney was interested in determining the concentration of hclo in the bottle. to determine the concentration of hclo, dr. sweeney performed a titration using 20 ml of hclo, 0.04 m naoh, and phenolphthalein as an indicator solution. dr. sweeney determined that it took 24 ml of 0.040 m naoh to reach the endpoint of the titration.a. What did Dr. Sweeney observe to indicate the endpoint in his titration? b. Write the chemical equation that represents the chemical reaction that Dr. Sweeney was studying. c. What type of chemical reaction is this? d. What is the concentration of HC10_4 in the bottle that Dr. Sweeney found? which percentage of his or her adult weight does an individual gain during the adolescent years If, as a result of inappropriate use of the strategic management process, performance data and activity reports indicate undesirable performance, then operational managers must: *know about it so that they can correct the employee activity.change the strategic management model.immediately notify the board of directors.allow sufficient time to pass to verify if it is the process or just the usage that is the problem.check the performance data to ensure their accuracy and take two more measurements. 4. Which of the following is not a compound?A. h2oB. co2C. n2D. ch4 the provision of the northwest ordinance that established a precedent in which governments should be republican in structure classifying triangles for #13 2 answers needed Question below. 50 POINTS UP FOR GRABS!! The characteristic that determines which generation in plants is dominant is the generation that. Being a multiracial person often means coping with marginality and isolation resulting from external factors related to prejudice. Which of the following is a possible healthy resolution of marginality?The multiracial individual accepts the identity assigned by society.The person may choose to resolve marginality through identification with both groups.The person may decide to choose a single racial identity in an active manner.Identification with a mixed-race heritage or multiracial identity is another option. true or false: the only reason for citron to require retailers to sell electric scooters at a certain price is to reduce competition and extend its market power to the retail market. therefore, this practice is always economically inefficient. 14 is more than the quotient of five and a number. 03001:PosttestHS: English 2A [M] (Prescriptive) / 1:Pa17. Read the sentence.Your time to finish the essay test is short.Which word is the possessive adjective? What war had saddled the British government with debt?