Option (b), Tax revenue and infrastructure spending in the nation will result in the government having a budget deficit.
What contributes to budget deficits?A budget deficit happens when an interval's worth of expenses exceeds its worth of revenues. After spending $6.27 trillion and making $4.90 trillion in the fiscal year 2022, the federal government had a deficit.
The federal budget is in deficit when spending by the government exceeds its revenue, which includes taxes, fees, and investment returns. The debt of the federal or national government rises as a result of deficits.
When a government spends more than it receives in tax revenue, a budget deficit results. Due to the nation's uniform 20% tax rate on taxable income and the fact that it normally produces $20 billion in taxable income, it may expect to bring in $4 billion in revenue for the entire year.
=$20,000,000,000×0.2
=$4,000,000,000 or $4 billion
However, it must spend $7 billion on infrastructural improvements.
So,
= total revenues - total spending
= $4 billion - $7 billion
= −$3 billion.
The nation had a $3 billion budget deficit at year's end since a negative balance indicates a deficit.
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Scanlon Inc.'s CFO hired you as a consultant to help her estimate the cost of capital. You have been provided with the following data: rRF = 4.10%; RPM = 5.25%; and b = 0.70. Based on the CAPM approach, what is the cost of equity from retained earnings? a. 9.25%
b. 7.78%
c. 7.08%
d. 7.00%
e. 8.47%
The cost of equity from retained earnings when using the CAPM approach for Scanlon Inc., would be 7 . 80%
How to find the cost of equity ?The CAPM method stands for the Capital Asset Pricing Method and it allows for the cost of equity to be calculated by using the beta, the real risk free rate, and the market risk premum.
The cost of equity when using the CAPM method can be found by the formula:
Cost of equity = Real risk free rate + Beta x Market premium
The real risk free rate = 4 . 10 %
Beta = 0 . 70
Market risk premium = 5 . 25 %
The cost of equity is therefore:
Cost of equity = 4 . 10 % + 0 . 70 x 5 . 25 %
Cost of equity = 4 . 10 % + 3.675 %
Cost of equity = 7. 775 %
Cost of equity = 7 . 80%
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assuming the law of one price, explain what the exchange rate between u.s. dollars and yen has to be if the price of steel in japan is 15,000 yen per ton and the price in the u.s. is $125 per ton (assume no transaction costs).
The law of one price states that when prices are expressed in a common currency, identical goods sold in different locations must sell for the same price in the absence of trade frictions and under conditions of free competition and price flexibility.
Given the steel prices in each country, the exchange rate must be 120 yen to the US dollar. As a result, steel prices in each country are equal. If this were not the case, steel buyers would have an incentive to buy in the country where steel was cheaper, while steel producers would have an incentive to sell in the country where steel was more expensive.
The price in the relatively cheaper country would rise due to increased demand and decreased supply. Increased supply and decreased demand in the relatively more expensive country would lower the price there. This process would be repeated until the prices in both countries were equal.
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69. Cardio, Inc., makes and sells Drawdown, the most prescribed name-brand heart medication. Emitate Corporation has the potential to make a generic version of the same drug. Cardio pays Emitate not to sell v product. This is most likely 2. a deal that neither restrains trade or harms competition. b. a legal restraint of trade. c. a per se violation of the Sherman Act. d. subject to analysis under the rule of reason.
Based on business analysis and the situation described above when Cardio pays Emitate not to sell v product, this is most likely c. a per se violation of the Sherman Act
What is Sherman Act?Sherman Act is the United States Act on business regulations that prohibit the producers or sellers from having contracts, or agreements that unreasonably restrain interstate and foreign trade including a price-fixing agreement.
Generally, the Sherman Act forbids many things to protect the interest of American citizens whether producers or consumers.
The Sherman Acts forbids the following:competitors to fix prices, rig bids, allocate customers, etc.In this case, it is believed that when Cardio pays Emitate not to sell v product, this is a per se violation of the Sherman Act.
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regling company provides its employees vacation benefits and a defined benefit pension plan. employees earned vacation pay of $40,000 for the period. the pension formula calculated a pension cost of $222,750. only $185,000 was contributed to the pension plan administrator. question content area (a) provide the journal entry for the vacation pay. if an amount box does not require an entry, leave it blank. blank - select - - select - - select - - select - question content area (b) provide the journal entry for the pension benefit. if an amount box does not require an entry, leave it blank. blank - select - - select - - select - - select - - select - - select -
The journal entry for the vacation pay includes:
Dr Vacation pay expenses $40,000Cr Vacation pay payable $40,000The journal entry for the pension benefit includes:
Dr Pension expenses $222,750Cr Cash $185,000Cr Unfunded pension liability $37,750What is the journal entry for the vacation pay?Date Account titles Debit Credit
Vacation pay expenses $40,000
Vacation pay payable $40,000
What is the journal entry for the pension benefit?Date Account titles Debit Credit
Pension expenses $222,750
Cash $185,00
Unfunded pension liability $37,750
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while creating employee training modules, organizations need to ensure that
While creating employee training modules, organizations need to ensure that: The training content is relevant to the job role and up-to-date.
An instruction module contains what?An e-learning course's training modules are sections that are devoted to a certain subject. Training modules serve as "chapters" in the entire e-learning course, much like chapters in a book. As an illustration, consider the subject of sales training. You can choose to discuss subjects like the finest sales strategies or how to create an efficient email.
What accomplishes a training module?A part of an online course called a training module focuses on a certain goal and is made to instruct on a particular subject. Each module acts like a chapter in a book, introducing the following. When taken as a whole, training modules represent a full body of knowledge and provide a full narrative.
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Which of the following is least likely to be considered an inherent risk relating to receivables and revenues?
a. Decline in sales due to economic declines
b. Restrictions placed on sales by laws and regulations
c. Decline in sales due to product obsolescence.
d. Over-recorded sales due to a lack of control over the sales entry function,
Answer:
Over-recorded sales due to a lack of control over the sales entry function relates to control risk not inherent risk. The other three replies all relate to inherent risk.
Over-recorded sales due to a lack of control over the sales entry function the following is least likely to be considered an inherent risk relating to receivables and revenues.
What is revenue?
The total income derived from the sale of products or services pertaining to a business's core operations is referred to as revenue. Because it appears at the top of the income statement, revenue, which is also known as gross sales, is frequently referred to as the "top line." A company's overall earnings or profit are referred to as income or net income.
Confirmations must be under the custody of auditors until the customer returns them. When generalizing from the sample to the population when
If a customer does not return an accounts receivable confirmation, it is appropriate to presume the amount is 100% inflated without taking additional steps.
Therefore, an inherent risk relating to receivables and revenues.
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A company purchased office equipment for $52000 and estimated a salvage value of $8000 at the end of its 8-year useful life. The constant percentage to be applied against book value each year if the double-declining-balance method is used is (Round answer to 1 decimal place, e.g. 15.2.) O 8.0%. O 12.5%. O 25.0%. O 2.5%.
(52,000-8000)/8 = 5,500
(5,500/44,000)*100 = 12.5%, A method of accounting known as the double declining balance (DDB) depreciation method entails depreciating some assets at a rate that is twice that of straight-line depreciation.
How is double decreasing determined?The following formula is used to compute the double decreasing balance:
2 × the basic depreciation rate times the book value
The rate at which an asset depreciates utilizing the straight line method is your basic depreciation rate.
The cost of the asset is the price you paid for it.
After completing this, you will receive your fundamental annual write-off.
When should you employ double falling depreciation?When to apply the twofold decreasing balance technique of depreciation When you buy assets that depreciate more rapidly in the first few years, the optimal scenario for using double declining balance depreciation is that situation. The asset that loses value the most in the first few years of ownership is a car.
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Junk bonds are high-risk, high-yield debt instruments. They are often used to finance leveraged buyouts and mergers, and to provide financing to companies of questionable financial strength. True/False
True, Junk bonds are high-risk, high-yield debt instruments. They are often used to finance leveraged buyouts and mergers, and to provide financing to companies of questionable financial strength.
What are Junk bonds?Junk bonds have a higher default risk than the majority of corporate and governmental obligations.
A bond is a debt or promise that, in exchange for being purchased, would pay investors interest payments as well as the return of their principal investment.
Junk bonds are bonds issued by struggling businesses that run a significant risk of defaulting, failing to make interest payments, or failing to return investors' principle.
Therefore, Junk bonds are a type of high-risk, high-yield debt. They are frequently employed to fund leveraged acquisitions and mergers as well as to lend money to businesses with uncertain financial standing.
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Comfi Airways, Inc., a small two-plane passenger airline, has asked for your assistance in some basic analysis of its operations. Both planes seat 10 passengers each, and they fly commuters from Comfi�s base airport to the major city in the state, Metropolis. Each month 40 round-trip flights are made. Shown below is a recent month�s activity in the form of a cost-volume-profit income statement. Fare revenues (400 fares) $46,500
Variable costs Fuel $16,315 Snacks and drinks 770 Landing fees 1,800 Supplies and forms 1,110 19,995
Contribution margin 26,505
Fixed costs Depreciation 2,940 Salaries 14,196 Advertising 420 Airport hanger fees 1,710 19,266
Net income $7,239
variable cost Breakeven Point
(1) USD = $33,800
(2) Number of Tariffs = 290.75 or 291
Description:
(1) Total Fixed Cost = USD (4) Breakeven Point = 44 Contribution Margin
Breakeven (USD) = $19,266 / (26,505 / $46,500)
Breakeven (USD) = $19,266 / 57%
Breakeven USD = $33,800
(2) Breakeven for a series of fares is calculated as Number of Tariffs = $19,266 / (26,505 / 400)
Breakeven Point of Number of Tariffs = $19,266 / 66 .2625
Breakeven Point of the Number of Tariffs = 290.75 or 291
Variable costs are costs that vary with changes in quantity. Examples of variable costs include raw materials, parts labor, production materials, handling charges, shipping charges, packaging materials, and credit card fees. In some fiscal documents, the variable cost of production is called the "cost of goods sold."
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With which new deal agency did the national recovery administration most closely work.
Answer:
Explanation:
Public Works Administration is considered among the most renowned and authoritative agency that is among the founding pillars of the New Deal.
suppose you can choose between two lifetime income paths: (a) an option that gives you a constant stream of $100,000 every year of your productive life, (b) an option that pays you an average of $100,000 per year, but that begins at $50,000 and gradually increases until it ends at $150,000. based on evidence how adaptation affects happiness, which of the following would be true?
Based on evidence of how adaptation affects happiness, it is likely that option (b) would bring more happiness in the long-term.
While $100,000 per year is a comfortable income for most people, the gradual increase of the income in option (b) provides an additional source of happiness as it allows for a sense of progress and achievement.
Additionally, the initial lower income of option (b) allows for a greater appreciation of the eventual higher incomes, as the increase in income would be perceived as an improvement over the initial income.
As such, the overall sense of accomplishment and progress provided by the gradual increase in income throughout life would likely bring more happiness in the long-term.
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abc lawn care service continuously makes an effort to set up multiple points of interaction with its customers. abc wants to provide lawn care every week to keep its customers' yards looking manicured and ultimately to develop a relationship with its customers. which of the following does not describe relationship selling?
It does not describe relationship selling is one-time sale.
This may not seem like a one-time sale because one-time sale is either recorded under operational expenses or under earnings before interest and taxes (EBIT). EBIT is a company's profit that has been adjusted to exclude taxes and debt interest expenses. The bottom line of the income statement is devoted to the company's net income, which is the profit made after deducting all expenditures, expenses, and revenues.
A one-time sale, such the selling of an asset, could boost net income for that time frame. The terms odd or nonrecurring events are also used to describe one-time sale. There was no way this could seem like a one-time deal.
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It does not describe relationship selling is one-time sale.
This may not seem like a one-time sale because one-time sale is either recorded under operational expenses or under earnings before interest and taxes (EBIT). EBIT is a company's profit that has been adjusted to exclude taxes and debt interest expenses. The bottom line of the income statement is devoted to the company's net income, which is the profit made after deducting all expenditures, expenses, and revenues.
A one-time sale, such the selling of an asset, could boost net income for that time frame. The terms odd or nonrecurring events are also used to describe one-time sale. There was no way this could seem like a one-time deal.
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satchel loses his job and immediately begins looking for another. other things the same, the unemployment rate
The number of persons who are eager, able, and actively looking for work but haven't found any is referred to as unemployment. The percentage of people who are working or actively looking for employment in an economy is known as the labor force participation rate. The fact that Satchel is still looking for employment implies that he is now unemployed even though he lost his job. Satchel did not retire or get demotivated and give up on working in the future. Before he can find another job, this raises the unemployment rate.
Who defines "unemployment"?When someone who is actively looking for work is unable to find employment, they are said to be unemployed. The rate of unemployment is frequently used to gauge the state of the economy.
What is the rate of unemployment?The number of jobless persons as a percentage of the labor force, according to the OECD, Eurostat, and the US Bureau of Labor Statistics, is what is known as the unemployment rate.
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Satchel loses his job and starts hunting for a new one right away. The labor force participation rate remains unchanged, and the unemployment rate rises.
What connection exists between the labor force and the unemployment rate?The percentage of workers in the labor force who do not currently have a job but are actively seeking one is measured by the unemployment rate. This statistic excludes people who have not sought for job in the last four weeks. There are numerous factors that originate from both the supply side, or the worker, and the demand side, or the employer, that contribute to unemployment. High interest rates, the world economy being in a recession, and the financial crisis might all affect demand. Frictional unemployment and structural employment are major supply-side contributors.
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oliver food company had the following cash balance items listed in its trial balance at 12/31/2024 peterson savings and loan right bank clinton county trust
Cash balance showed in the balance sheet would be $55000
Therefore, trial balance as of December 31, 2021:
Peterson Savings and Loan = $ 50,000
Right Bank = (5,000)
Clinton County Trust Bank = 10,000
The Cash Balance will therefore be as The Cash Balance will therefore be as follows: Peterson Savings and Loan + Trust Bank - Right Bank
= $50,000 + $10,000 - $5,000 = $55,000
It would have a cash balance of $55,000.
What is a balance sheet?
A balance sheet is a financial statement that lists the assets and liabilities of a corporation at a certain point in time. It is one of the three primary financial statements—the other two being the income statement and cash flow statement—that are used to assess a company's performance.
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The interest tax shield has no value for a firm when: A. the firm’s debt-equity ratio is exactly .5. B. the firm is unlevered. C. the firm’s debt-equity ratio is exactly equal to 1. D. shareholders fully utilize homemade leverage.
The interest tax shield has no value for a firm when (b) the firm is unlevered.
Interest tax shield- The term "interest tax shield" refers to the lower income taxes caused by interest expense deductions from taxable income. Mortgages, for example, may have an interest tax shield for buyers because mortgage interest is deductible against income.
A tax shield is a reduction in income taxes that occurs as a result of taking an allowable deduction from taxable income. For example, because debt interest is a tax-deductible expense, incurring debt creates a tax shelter.
Interest Tax Shield = Interest Expense × Tax Rate
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Xerox sells to different customers in different sales situations. In order to capture customer commitment, Xerox salespeople must determine what steps in the ______ process are appropriate.
Xerox sells to different customers in different sales situations. In order to capture customer commitment, Xerox salespeople must determine what steps in the Selling process are appropriate.
What is the Selling process?The selling process starts with presale preparation, identification of prospects and making a sales presentation in which a salesperson tries to convince a customer that the specific product or service can satisfy his needs.
A salesperson tries to evaluate the brand and product positively in response to the current need of the customer and market.
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TRUE/FALSE if the proceeds from the sale of a plant asset exceed its book value a gain on disposal occurs
Not entirely sure if this is what its asking for but if you made a profit on the plant or not depends on how much you spent to care for the plant.
For example, if you bought it for $50, gave it $10 of water, and sold it for $70 you would profit $10.
If you bought it for $50, gave it $50 dollars of water and sold it for $90, you would lose $10.
Select the technological innovations that companies can use to develop products and services that match consumers' wants and needs more effectively
a. Social networking
b. Data bases
c. Blogs
All of the mentioned options are the technological innovations that companies can use to develop products and services that match consumers' wants and needs more effectively.
What do databases do?A database is a collection of data organized for quick access, management, and update. In computer databases, information such as sales transactions, customer information, financial data, and product information are often stored as collections of data records or files.
What function does a database serve?A database is often created to make it simple to store and access data. Any business or organization needs a reliable database. This is because the database contains all the necessary information about the business, including personnel records, transactional records, salary information, etc.
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According to the video "supply chain reaction," what is "the bottom dollar of the supply chain"?
(a) Tin mines in Indonesia
(b) Tin mining in Britain
(c) Tin mining in Bolivia
(d) Tin mining in Nigeria
According to the video "Supply Chain Reaction", the bottom dollar of the supply chain is the tin mines in Indonesia. The Option A is correct.
What is a supply chain?A supply chain refers to the network of individuals and companies who are involved in creating product and delivering them to the consumer. The links on the supply chain begin with the producers of the raw materials and end when the van delivers the finished product to the end user.
In essence, the supply chain begins its operation when a business receives an order from a customer. Its essential functions then include product development, marketing, operations, distribution networks, finance, and customer service.
The management of supply chain is a crucial process because an optimized supply chain does results in lower costs and a more efficient production cycle. Therefore, most companies seek to improve their supply chains so they can reduce their costs and remain competitive.
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Which one of the following is NOT one of the formal financial statements that is made available to all users of the financial statements?
A. Trial balance
B. Income statement
C. statement of owner's equity
D. Balance Sheet
Which one of the following is NOT one of the formal financial statements that is made available to all users of the financial statements?
A. Trial balance
B. Income statement
C. statement of owner's equity
D. Balance Sheet
A trial balance is not a formal financial statement.
determine the future value of the following single amounts (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) (round your final answers to nearest whole dollar amount.):
The future value, to the nearest whole dollar amount, of the following single quantities is 1. $38,435.37, 2. $67,091.09, 3. $126,985.63, 4.$94,037.04.
How can I determine future value?How can I determine future value? Using the formula long term value = current discounted x (1 + interest rate)n, you may determine future value using compound interest. Using the following formula, you may determine future value with simple interest: Future value is equal to the present value multiplied by one plus the interest rate throughout the time period.
what is An illustration of potential worthFuture value is the amount of invested money today that will increase in value over time at an interest rate. For instance, if you put $1,000 in a savings today and earn 2% annually, your money will be worth $1,020 after a year. Thus, it will be worth $1,020 in the future.
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Which of the following statements is true about strategic leadership?
a. It is the primary responsibility of the functional managers of an organization.
b. It does not take into account the task of maximizing shareholder value.
c. It is involved with taking decisions regarding how to create a competitive advantage.
d. It is a concept that does not apply to multidivisional companies that have several business units.
e. It is essentially about supervising workers at a manufacturing unit of an organization
It is involved with taking decisions regarding how to create a competitive advantage is true about leadership.
Which definition of leadership is accurate?"The process of exercising control over a team or organization." Leadership is described in that manner by the Oxford Dictionary. Leadership, put simply, is about taking chances and questioning the status quo. Leaders inspire followers to take new and improved actions.
Why does leadership matter?Because it inspires, motivates, and sets an example for others, leadership is crucial in achieving positive changes in the world. Leaders create a vision, offer a strategy, and cultivate trusting relationships with their followers. As a result, they lead groups of people to collaborate on amazing feats.
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mass marketing is the optimal promotion tool for building personal and long-lasting relationships with customers.
Mass marketing is the optimal promotion tool for building personal and long-lasting relationships with customers False.
What are the tools for mass promotion?Direct marketing, public relations, sales promotion, and advertising are the four primary promotional strategies.
Which advertising tool is best at influencing consumers' choices, convictions, and most crucially, actions?establishing consumer preferences, convictions, and actions The most costly promotional tool has a high cost per person.
Is advertising the priciest instrument for businesses to use for promotion?Direct marketing is the priciest marketing strategy. A company's resources may be significantly impacted by this in the form of personal selling, commercials, and promotional strategies.
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Evan incurred education-related expenditures related to his self-employment job. Under which of the following circumstances will Evan NOT be allowed to deduct these expenditures as a BUSINESS expense?
The course or courses meet the requirements necessary to keep his job.
The course or courses only improve Evan's skills in his existing business.
The course or courses qualify Evan for a new trade or business.
Evan incurred education-related expenditures related to his self-employment job. The course qualifies Evan for a new trade or business will Evan NOT be allowed to deduct these expenditures as a BUSINESS expense.
Business expenseBusiness expenses are costs incurred in the course of doing business. They may be used by both small and large organizations. The income statement includes business expenses. To calculate a company's taxable net income, business expenses are subtracted from revenue on the income statement.
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how does lyft benefit from its strategic alliances with gm and waymo?
"It allows Lyft to more effectively compete against Uber" is how lyft benefits from its strategic alliances with gm and waymo
What are strategic alliances?Generally, A strategic alliance is an agreement between two companies to collaborate on a project that will be advantageous to both parties while still allowing each to maintain its individuality.
A joint venture, in which two businesses pool their resources to create a separate business entity, is more complicated and binding than the agreement, which is simpler and less binding.
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Gear Corporation had the following common stock record during the current calendar year:
Outstanding-January 1
100,000
Additional shares issued 3/31
5,000,000
Distributed a 10% stock dividend on 6/30
Shares reacquired 9/30
100,000
What is the number of shares to be used in computing basic EPS?
A. 5,500,000.
B. 4,210,000.
C. 5,303,750.
D. 5,050,000.
Sims Company reported net income for 2021 in the amount of $50,000. During 2021, Sims declared and paid $2,000 in cash dividends on its nonconvertible preferred stock. Sims also paid $10,000 cash dividends on its common stock. Sims had 40,000 common shares outstanding from January 1 until 10,000 new shares were sold for cash on July 1, 2021. A 2-for-1 stock split was granted on July 5, 2021. What is the 2021 basic earnings per share? (Round final answers to 2 decimal places.)
A. $0.42.
B. $0.47.
C. $0.56
D.$0.53
Royce Company had 50,000 shares of common stock outstanding on January 1, 2021. On April 1, 2021, the company issued 20,000 shares of common stock. The company had outstanding fully vested incentive stock options for 5,000 shares exercisable at $10 that had not been exercised by its executives. The end-of-year market price of common stock was $13 while the average price for the year was $12. The company reported net income in the amount of $269,915 for 2021. What is the diluted earnings per share (rounded)?
A. $3.60.
B. $3.81
C. $4.50.
D. $4.10
Diluted earnings per share (diluted EPS) is determined by a company's earnings per share when all convertible securities were converted. Earnings per share (EPS) refers to a company's net profit divided by the amount of usual shares it has outstanding.
Gear Corporation
Data and Calculations:
January 1 Outstanding shares = 100,000
March 31 Issued shares 5,000,000
Total outstanding before June 5,100,000
June 30 10% Stock Dividend 510,000
Total before reacquisition in Sept. 5,610,000
Sept. 30 Treasury Stock 100,000
Total outstanding for EPS computing 5,510,000
Sims Company
Earnings per share =Total earnings available to shareholders(Net income - preferred dividends )/Weighted Average Outstanding shares
using a 2-1 stock spilt , outstanding shares= 40,000 x 2 + 10,000 x 6/12(jan- 1st july ) x 2 = 80,000 + 10,000 = $90,000
Earnings per share = ($50,000 -$2,000)/$90,000
Earnings per share = $48,000/$90,000 = #0.53
Royce company
Diluted earnings per share = net income - preferred dividends / (weighted common stocks + diluted stocks)
Preferred dividends =
January 1 = 50,000 x (12 : 12) = 50,000
April 1 = 20,000 x (9 : 12) = 15,000
Total = 65,000
Weighted common stocks = 5,000 - (5,000 x 10) / 12 = 833
Hence,
Diluted earnings per share = $269,915/(65,000 + 833) = $4.10
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portia grant is an employee who is paid monthly. for the month of january of the current year, she earned a total of $8,788. the federal insurance contributions act (fica) tax for social security is 6.2% of the first $137,700 of employee earnings each calendar year and the federal insurance contributions act (fica) tax rate for medicare is 1.45% of all earnings. the federal unemployment taxes (futa) tax rate of 0.6% and the state unemployment taxes (suta) tax rate of 5.4% are applied to the first $7,000 of an employee's pay. the amount of federal income tax withheld from her earnings was $1,458.17. her net pay for the month is: (round your intermediate calculations to two decimal places.) multiple choice $6,657.54 $6,601.54 $6,784.97 $6,223.54 $7,548.71
The amount of federal income tax withheld from her earnings was $1,458.17. her net pay for the month is $6,223.54.
A federal monarchy, inside the strict sense, is a federation of states with a unmarried monarch as normal head of the federation, however maintaining specific monarchs, or having a non-monarchical device of government, in the various states joined to the federation. The time period turned into delivered into English political and ancient discourse by Edward Augustus Freeman, in his records of Federal authorities (1863). Freeman himself thought a federal monarchy handiest possible inside the summary. The time period turned into delivered into English political and ancient discourse by Edward Augustus Freeman.
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Type the correct answer in the box.
Identify the kind of control decision involved in the given scenario..
Jillian is asked to forecast sales for next year. Her boss tells her to analyze internal budgets, market share, and inputs from niche markets. Jillian will
use
___forecasting.
Jillian's boss wants her to use internal budgets, market share, and inputs from niche markets, so Jillian will use Multiple linear regression forecasting.
How to know the forecasting method?The forecasting method to be used will depend on the variables to be used in the forecasting of the sales. If there are multiple variables then a linear regression method is to be used.
If there are multiple independent and dependent variables such as internal budgets, market share, and input from niche markets, then it is best to use the Multiple linear regression form of forecasting.
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In a mean chart for manufacturing process, several points are found to be outside the control limits. Does this mean that the process is incapable? Explain briefly why or why not, or what else should be done to find out?
Whereas, any control chart is prepared using upper control limit or UCL and lower control limit or LCL, again, such UCL and LCL values are calculated statistically or using a statistical formula.
We build a control chart of the mean or any condition to understand the variations of data within the process. Any data falling outside UCL and LCL values means processes are not in statistical control and we have found assignable causes, such kinds of causes could include large breakdown of machines, and any absenteeism of employees, with such causes we could see strong variations in the data.
Hence, points are found to be outside the control limits that doesn’t mean the process is incapable, as use could lie after the UCL line, so, any point could lie after the UCL line but before usl line, hence, we could conclude still process is capable to produce desire outputs, however, we should control variations in the processes first before considering process capability check.
When we could see variations of data in the mean control chart, we will look for root causes to fix the problem and keep the process under statistical control.
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Suppose that as a result of expectations of lower sales in the future, a decrease in autonomous business investment causes aggregate demand to shift from AD0 to AD1 as shown in Figure 10.1. Which of the following statements is true?
. According to Keynesian theory, additional decreases in aggregate demand will occur.
. The GDP gap will be eliminated by the multiplier.
. According to Keynesian theory, the economy will quickly adjust back to full employment.
. In the absence of any additional decreases in investment, the equilibrium will remain at Q1 indefinitely.
The statement that is true is option According to Keynesian theory, additional decreases in aggregate demand will occur.
What exactly is the Keynesian theory of total demand?The central tenet of Keynes's theory, which bears his name, is the claim that the most significant economic factor is aggregate demand, which is determined by adding together consumer, business, and government expenditure.
This Keynesian interpretation of the AD/AS model demonstrates that, in the case of a horizontal aggregate supply, a fall in demand results in a fall in output but not a fall in prices.
Therefore, Real GDP rises as a result of rising deficit-financed government spending, but not at the same rate as natural real GDP. Due to the government spending multiplier, an increase in deficit-financed government spending results in a rise in real GDP.
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