Answers
Answer:
130 months
Explanation:
The computation of the time period is shown below:
Given that
Present value = $13,000
Future value = $18,000
PMT = $0
RATE = 3% ÷ 12 = 0.25%
The formula is shown below:
= NPER(RATE;PMT;-PV;FV;TYPE)
The present value comes in positive
After applying the above formula, the time period is 130 months
Therefore the time that should be needed is 130 months
Related Questions
If Amelia would like to double her money in twelve years, how much interest does she need to earn O 12 percent O 16.6 percent O 6 percent 10 percent
Answers
Out of the given answer choices, the interest rate that Amelia needs to earn to double her money in twelve years is 16.6 percent.
To find out how much interest Amelia needs to earn to double her money in twelve years, we need to use the compound interest formula.
This formula is used to determine the future value of an investment based on the principal, the interest rate, the number of compounding periods, and the time involved.
The formula is as follows: FV = PV x (1 + r/n)^(n*t)where FV = future value, PV = present value (the amount of money Amelia currently has), r = annual interest rate, n = number of times the interest is compounded per year, and t = time in years.
To double her money, Amelia needs to have a future value that is twice her present value. Therefore, we can set FV = 2PV and solve for r.
2PV = PV x (1 + r/n)^(n*t)Dividing both sides by PV, we get:2 = (1 + r/n)^(n*t)
Taking the natural logarithm of both sides, we get: ln(2) = ln[(1 + r/n)^(n*t)]
Using the power rule of logarithms, we can simplify the right side of the equation to ln(2) = (n*t) ln(1 + r/n)
Dividing both sides by (n*t), we get:ln(2) / (n*t) = ln(1 + r/n)
Finally, we can solve for r by raising both sides as the power of e: e^(ln(2) / (n*t)) = 1 + r/n
Subtracting 1 from both sides and multiplying by n, we get:r = n x (e^(ln(2) / (n*t)) - 1)
Plugging in the values given, we get:r = n x (e^(ln(2) / (n*12)) - 1)
We don't know the value of n, so we can try each of the answer choices to see which one gives us a value of r that works.
Using a financial calculator or a spreadsheet program like Excel, we can calculate the values of r for each interest rate.
Using 12 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0956 or 9.56 percent
Using 16.6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.1407 or 14.07 percent
Using 6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0488 or 4.88 percent
Using 10 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0794 or 7.94 percent
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Which of the following should be included in an individual taxpayers federal gross income
Answers
Answer:
I believe your wages, dividends, business income, capital gain, retirement distributions as well as other income should all be included in an individual gross business income
Explanation:
Let me know if this helps!
1. A company had cash and marketable securities worth $100,000 accounts payables worth $60,000 inventory of $2,501,500, accounts receivables of $5,500,000 short-term notes payable worth $200,000, other current liabilities of 100,000, and other current assets of $212,800. Calculate the company net working capital and describe how managers manage the firm working capital.
Answers
Explanation:
it's very easy answer no need to think much
Value is created through various components . What simple formula correctly states the
Answers
Answer: Value= benefit - cost
Explanation:
It identifies value
Value is created through various components. Value = benefits - cost is the simple formula.
What is Value?The term “value” refers to the regard that something is held to deserve. It means the world to someone. Values are important because they help with the growth of life. The values decide what should be right and what should be wrong. The types of values are work and personal values.
According to the value creation theory, more sales can result. A product may provide greater value to the client at the same or reduced price. Higher value can entice more clients or boost profit margins for the value add advantage. The simple formula is value = benefits - cost.
As a result, the significance of the value are the aforementioned.
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SOLVE USING EXCEL
You are considering investing in a project that requires an initial investment
of $500,000. The project is expected to generate cash flows of $100,000 per year for the next 10
years, however, at the end of the fifth year, the project will require an additional investment of
$60,000 to continue operations for another 5 years. At the end of the tenth year, the project has an
expected salvage value of $180,000.
We assume $250,000 is borrowed at 12.5% annual compound interest and repaid in 10 years.
We will use a 10-year planning horizon, a 21% tax rate, an 10.5% BTMARR, and DDB
depreciation method.
Determine ATMARR, and then the preferred payment plan based on ATPW and determine the
ATFW, ATAW, ATIRR, and ATERR for each of the following four plans:
a) Plan 1: Pay interest each period, but make no principal payment until the end of the loan
period
b) Plan 2: Make equal end-of-period principal payments and pay interest each period on
the unpaid balance at the beginning of the period
c) Plan 3: Make equal end-of-period payments over the loan period
d) Plan 4: Make no payment until the end of the loan period
Answers
The percentage of inflow that is paid in taxes is known as the average tax rate (or effective tax rate) for a taxpayer. The tax rate levied on a taxpayer's final dollar of income, however, is known as their marginal tax rate.
ATMARR stands for After-Tax Marginal Average Rate of Return. To calculate ATMARR, we need to first calculate the after-tax cash flows for each year of the project:
Year 1:
Cash inflow: $100,000
Taxable income: $100,000 - $50,000 (depreciation) = $50,000
Taxes: $10,500
After-tax cash flow: $89,500
Year 2-4:
Cash inflow: $100,000
Taxable income: $100,000 - $50,000 (depreciation) = $50,000
Taxes: $10,500
After-tax cash flow: $89,500
Year 5:
Cash inflow: $100,000
Taxable income: $100,000 - $50,000 (depreciation) = $50,000
Taxable income with additional investment: $100,000 - $50,000 (depreciation) - $60,000 (investment) = -$10,000
Taxes: $0
After-tax cash flow: $100,000 - $60,000 = $40,000
Year 6-10:
Cash inflow: $100,000
Taxable income: $100,000 - $50,000 (depreciation) = $50,000
Taxes: $10,500
After-tax cash flow: $89,500
Salvage value:
Cash inflow: $180,000
Taxable income: $180,000 - $95,000 (book value) = $85,000
Taxes: $17,850
After-tax cash flow: $162,150
Now we can calculate the ATMARR using the after-tax cash flows and the initial investment:
NPV = -$500,000 + $89,500/(1+ATMARR)^1 + $89,500/(1+ATMARR)^2 + $89,500/(1+ATMARR)^3 + $40,000/(1+ATMARR)^4 + $89,500/(1+ATMARR)^5 + $89,500/(1+ATMARR)^6 + $89,500/(1+ATMARR)^7 + $89,500/(1+ATMARR)^8 + $89,500/(1+ATMARR)^9 + $162,150/(1+ATMARR)^10
Solving for ATMARR using a financial calculator or spreadsheet software gives us a value of approximately 12.6%.
To determine the preferred payment plan based on ATPW, we need to calculate the present value of the cash inflows using the ATPW formula:
ATPW = (1 - (1 + i)^(-n)) / i
where i is the interest rate (10.5%), and n is the number of years (10).
ATPW = (1 - (1 + 0.105)^(-10)) / 0.105
ATPW = 6.746
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Which actions can be performed on tables in Word? Check all that apply.
V adding rows
Vadding columns
deleting rows
deleting columns
V changing column width
aligning tables
D converting tables to text
converting tables to graphs
Answers
Answer and Explanation:
At the time of making tables in word we can do the following things
1. Rows could be added
2. Columns could be added
3. Rows could be deleted
4. Column could be deleted
5. The width of the column could be changed
but it does not allow to convert the table into text form or in graph form
Therefore only the last option would not be covered
The basic economic questions that any provider of goods must ask are:
• What will be produced?
• Who will produce it?
• For whom will it be produced?
In which type of economy are these decisions made solely by the
government?
A. Mixed
B. Free
C. Command
D. Traditional
Answers
Answer:
C. Command
Explanation:
In a command economy, the government owns and controls all the factors of production. All the factors of production are owned and controlled by the government. The government does all the productions through its agencies.
The government prepares central economic plans that guide the country's economic activities. The central plans indicate what goods and services will be produced, their quantities, and prices. The plans also dictate how distributions will be done in the country.
Which is the primary characteristic of all physical and digital sales channels?
A. B2B
B. Closing sales
C. Market dominance
D. Branding
Answers
Business-to-Business is the primary characteristic
A sales channel is a chart that tries to establish ways through which a product or services reach the market, coming through the producer to other business through (B2B) and then, to the end customers
A sales channel can go either go through the direct or indirect routesThe Four known types of Sales Channels are:
Retail sales channelWholesale sales channelDirect-to-Consumer sales channel B2B sales channelLet understand that Physical sales channels involves product which have physical features and can be felt.Let understand that Digital sales channels involves services alone.
In conclusion, the primary characteristic of all physical and digital sales channels is Business to Business (B2B) because products or services must pass middlemen when then distribute in smaller unit to end consumers.
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Answer:
B. Closing Sales...
Btw don't trust the answer at the top.
Explanation:
The following are common types of sales channel. Using a sales force to establish a network of customers and sell to them. Common in areas such as business-to-business sales. Using a third party as a sales force. Selling through physical locations such as a shop or product showroom.
The short run industry supply curve is the Group of answer choices sum of all of the individual firms' ATC curves above the MC. average of all of the individual firms' marginal cost curves above the AVC. sum of all of the individual firms' marginal cost curves above the AVC. average of all of the individual firms' ATC curves above the MC.
Answers
Answer:
sum of all of the individual firms' marginal cost curves above the AVC.
Explanation:
Marginal Cost (MC) can be defined as the cost incurred in the production of one unit of a product.
Average Variable Cost (AVC) can be defined as the total variable cost per unit of production. It is calculated by dividing total variable cost (TVC) by total output of production (Q);
\( AVC = \frac{TVC}{Q} \)
In a perfect competition, there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.
This simply means that, in a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.
The short run industry supply curve is the sum of all of the individual firms' marginal cost curves above the average variable cost (AVC). It is typically considered to be marginal cost curve for the industry.
Generally, industries always strive to maximize profits by increasing their level of output, such that P = MC. Also, the firms wouldn't be willing to leave or enter into the market because they are not making any profit, such that P=AC.
Mr. and Mrs. Baker, who file a joint tax return, have an adjusted gross income of $75,000 for 2020. Their son, Tony, began his fifth year of college on July 15, 2020. The Bakers’ expenses incurred in 2020 were $6,000 for tuition. What is the amount of Lifetime Learning Credit the Bakers may claim in 2020?
A.
$1,200
B.
$6,000
C.
$2,000
D.
$10,000
Answers
The amount of Lifetime Learning Credit the Bakers may claim in 2020 is: B. $6,000.
Lifetime learning creditSince the expenses that was incurred in the 2020 was the amount of $6,000 which means that the amount of Lifetime Learning Credit the that may be claim in 2020 is $6,000.
Reason being that the child as well as the dependent care credit for the current year cannot be more than $6,000.
Therefore the correct option is B.
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Why should a business have an exit strategy? What is the main advantage and disadvantage for each option—selling a business, going public, and liquidating a business.
Answers
A business owner can use an exit strategy to reduce or sell his ownership in a firm, perhaps making a sizeable profit if the venture is successful. When a company endeavor fails, an exit strategy, often known as a "exit plan," allows the owner of the business to reduce losses.
What benefits do exit strategies provide?A strong exit strategy before a sale might help you raise the worth of your company. By starting early, you may lay out a clear path to reaching the financial freedom you'll need after leaving while also ensuring that your company stays appealing for a long time after you depart.
What advantages do business sales provide?If you sell your business, you might be able to pursue other opportunities, such making investments in other businesses or finding a job. With whatever proceeds you receive from the sale of your business, you might be able to settle personal obligations. With the money you earn, you might be able to take time off and go on vacation or spend more time with your family.
What are the key advantages and disadvantages of going public?When a corporation goes public, a lot of its data and information are made available to the public. Board members are held to higher standards, are subject to routine audits, and their public reporting may attract shareholder attention and, on rare occasions, legal action.
What are the advantages and disadvantages of the liquidation valuation approach?The liquidation value approach has the benefit of being a fairly simple computation. Yet, its main flaw is that it doesn't take into account the company's potential for future financial success. Thus, this strategy is often only used as a very last resort.
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The work of both Herbert Simon "The Proverbs of Administration" shifts the approach to management from concerns with the structure to concerns with human behavior. What does this mean?
Answers
Herbert Simon's work "The Proverbs of Administration" shifts approach to management from focus on structural design to focus on human behavior.
What is management?Any organisation, including businesses, nonprofits, and political entities, can be controlled by management. To manage resources for a company effectively, art and science are needed. Management involves establishing the goals of an organisation and organising the efforts of its staff (or volunteers) to achieve those goals through the use of resources like money, the environment, technology, and people. In management, the terms "run the company" and "change the business" are used to distinguish between continuing to offer goods or services and tailoring the same goods or services to satisfy shifting customer needs. In addition to referring to the people in charge of a business, the term "management" can also be used to describe managers.
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Windborn Company has 15,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $30 par common stock.
The following amounts were distributed as dividends:
20Y1 $30,000
20Y2 12,000
20Y3 45,000
Common Stock
(dividends per share)
I cannot figure out Y1 or Y3
Answers
The dividends per share for the common stock in year 1 (Y1) is $0.60 per share, and in year 3 (Y3) is $0.90 per share.
To calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3), we need to determine the total dividends distributed and divide them by the number of common shares outstanding.
Given information:
Cumulative preferred stock: 15,000 shares, 1% dividend
Common stock: 50,000 shares, $30 par value
Dividends distributed:
Y1: $30,000
Y2: $12,000
Y3: $45,000
First, let's calculate the dividends per share for the cumulative preferred stock in each year.
Dividends per share for cumulative preferred stock = (Par value * Dividend rate) / Number of preferred shares
Dividends per share for cumulative preferred stock = ($100 * 1%) / 15,000 shares
Dividends per share for cumulative preferred stock = $1 / 15,000
Dividends per share for cumulative preferred stock = $0.000067 per share
Now, let's calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3).
For Y1:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $30,000 - ($0.000067 * 15,000)
Total dividends for common stock = $30,000 - $1.005
Total dividends for common stock = $29,998.995
Dividends per share for common stock in Y1 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y1 = $29,998.995 / 50,000 shares
Dividends per share for common stock in Y1 = $0.5999799 per share (rounded to $0.60 per share)
For Y3:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $45,000 - ($0.000067 * 15,000)
Total dividends for common stock = $45,000 - $1.005
Total dividends for common stock = $44,998.995
Dividends per share for common stock in Y3 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y3 = $44,998.995 / 50,000 shares
Dividends per share for common stock in Y3 = $0.8999799 per share (rounded to $0.90 per share)
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Sam Smith is currently employed as a mechanical engineer and is paid $65,000
per year plus benefits thatare equal to 30% of his salary. Sam wants to begin a
consulting firm and decides to leave his current job. After his first year in
business, Sam's accountant informed him that he had made $45,000 with his
consulting business. Sam also notices that he paid $6,000 for a health
insurance policy, which was his total benefit during his first year. What was
Sam's opportunity cost?
What was Sam's opportunity cost?
Answers
Sam gave up $65,000 in salary plus $19,500 in benefits or a total of $84,500.
The concept in the back of opportunity value is that the fee of 1 object is the misplaced possibility to do or eat something else; in quick, opportunity cost is the price of the following fine alternative. benefits foregone by using no longer choosing an alternative direction of motion.
Opportunity cost is the cost of the following satisfactory element you surrender whenever you decide. it's miles the lack of capacity gained from other options when one opportunity is chosen. The concept of an opportunity price became first started by John Stuart Mill. possibility price is the difference in the advantage of a preference you are forgoing compared to the advantage of the choice you're making. you may recognize opportunity fee as an estimation of the way much regret you'll sense for making one desire over every other.
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Workers over forty tend to be motivated by intrinsic motivators.
True
False
Answers
Answer: true
Explanation:
i sorta just guessed
Suppose the CPI was 110 last year and is 121 this year.
Instructions: In part a, enter your answer as a whole number. In part b, round your answer to 1 decimal place. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers.
a. What is this year’s inflation rate?
____ %
b. In contrast, suppose that the CPI was 110 last year and is 108 this year. What is this year’s inflation rate?
____ %
c. What term do economists use to describe this second outcome?
Inflation or Deflation
Answers
The inflation rate is 10%, which can be computed the second answer is -1.8%. third outcome called deflation.
How to calculate CPI?a) The formula to CPI is
\(CPI= \frac{current CPI-past CPI}{past CPI}\)
\(CPI= \frac{121-110}{110}\)
CPI= 0.1 or 10%
b) \(CPI= \frac{current CPI-past CPI}{past CPI}\)
\(CPI= \frac{108-110}{110}\)
CPI= -0.18%
A decrease in the economy's overall price level is referred to as deflation, whereas a temporary slowdown in price inflation is known as disinflation. A decrease in the money supply, reductions in government and consumer expenditure, and reductions in corporate investment can all contribute to deflation, which is bad for an economy.
A progressive drop in consumer prices for products and services is known as price deflation. This is frequently brought on by the deflationary gap, also referred to as the demand gap, which is characterized by high supply and low demand. Consumers and businesses hold on to their money rather than spending it because they anticipate a decrease in pricing.
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What is the opportunity cost in this scenario?
Harry has been very busy at work for the past two weeks. He has been working weekends too. Finally, he is going to get a weekend off.
Originally, he planned to paint his apartment that weekend. He also considered going fishing for the weekend
But then his parents called and asked him to come for dinner because it has been a while since they have seen each other
Later on, his friend Theo informed him about a surprise birthday party for another friend. Theo plans to reserve a room at a restaurant for the
celebration, with the cost to reserve the room split between Theo, Harry, and three other friends.
Now Harry is confused about what he should do over the weekend. He decides that, for him, the most important commitments are going over to
his parent's house and attending his friend's birthday party. In the end, Harry decides to see his parents.
Answers
what is the human resources strategy?
Answers
Answer:
Roadmap is basically for solving an organization's biggest challenges with people-centric solutions.
Which function of marketing stimulates sales, encourages customer loyalty, and communicates methods of payment?
Answers
One key function of marketing that stimulates sales, encourages customer loyalty, and communicates methods of payment is promotion.
Promotion is an integral part of the marketing mix and involves various activities aimed at creating awareness, generating interest, and influencing customers' purchasing decisions.
Through promotional strategies such as advertising, sales promotions, public relations, and direct marketing, businesses can effectively communicate the benefits and value of their products or services to the target audience. This creates a sense of urgency and drives sales by enticing customers to make a purchase.
Moreover, promotions can be designed to foster customer loyalty by offering exclusive discounts, rewards, or loyalty programs. These initiatives not only incentivize repeat purchases but also enhance the overall customer experience, fostering long-term relationships with the brand.
Additionally, promotions often include clear messaging about different methods of payment accepted by the business. By communicating convenient and flexible payment options, such as credit cards, online payments, or installment plans, customers feel empowered and informed about how to complete their transactions.
In summary, promotion plays a vital role in stimulating sales, cultivating customer loyalty, and effectively communicating methods of payment, thereby contributing to the overall success of a marketing strategy.
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Help I’ll give you 30 pts
Answers
Answer:
Dejé caer las pastillas
Ellas perdieron la recepie
Tengo la radiografia
Explanation:
aquí ypu va! ¡Espero que esto ayude!
1. Billy’s Hamburger Barn has a single drive-up window.
Currently, there is one attendant at the window who takes
the order (30–40 seconds), gathers up the food and bags
it (30–120 seconds), and then takes the customer’s money
(30–40 seconds) before handing the food to the customer.
a. (**) Map the current process. What is the minimum
cycle time? The longest cycle time?
b. (***) Suppose Billy’s Hamburger Barn redesigns the
process described in problem 11 so there are now two
attendants. The first attendant takes the order. Once
this step is finished, the first attendant then takes the
money, and the second one gathers up and bags the
food. If two of the process steps can now run in parallel (gathering the food and taking the money), what
is the new minimum cycle time? What is the longest
cycle time? What potential problems could arise by
splitting the process across two individuals?
Answers
Billy’s Hamburger Barn has a single drive-up window. Currently, there is one attendant at the window who takes
1 minute 40 seconds is the bare minimum cycle time.
2 minutes and 35 seconds is the longest cycle time.
1 minute and 15 seconds is the new minimum cycle.
2 minutes is the new longest cycle time.
The potential issue with separating the procedure is that once the consumer has finished paying, they will likely have to wait for the second attendant to finish packaging for between 30 and 55 seconds, which will result in a backlog.
Making sure that collecting payment and packaging take equal amounts of time could address the issue.
Cycle time minimum: 20 + 55 + 25 = 100
= 1 minute and 40 seconds
The longest cycle time was 2 minutes and 35 seconds, or 30 minutes, 90 minutes, 35 minutes, and 155 minutes.
The new minimum cycle time is 20+55=75 seconds, or one minute and 15 seconds.
In the first 35 seconds of the preceding 55 seconds, money from customers was also taken.
The new longest cycle time is 30 + 90 + 120 = 2 minutes.
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which of the following is among the 13 competitive factors that affect each company's branded footwear sales volumes and market shares in each of the four geographic market regions?
Answers
Option which says that the number of retailers stocking each company's footwear brand and the number of weeks each company takes to deliver orders to retailers affects the sale, volume and market shares in a market region.
A sale is a big trade a group of individuals wherein either tangible or intangible products, commodities, or assets are given for cash. A reseller may provided to avoid assets in in addition to cash. In the financial markets, a sale can also be defined as an agreement between a buyer and a seller on the purchase price & delivery details of a financial security. A sale is essentially a deal between a seller of a specified good or service and a buyer who is willing to pay for just that good or service, regardless of the setting.
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Each of these is an emerging energy career
Answers
There are several emerging energy careers that are gaining popularity in today's world. One such career is that of a renewable energy technician. Renewable energy technicians work to install, maintain, and repair renewable energy systems such as wind turbines, solar panels, and geothermal systems.
Another emerging energy career is that of an energy analyst. Energy analysts work to evaluate energy usage patterns and identify areas where energy efficiency improvements can be made. They may also develop and implement strategies for reducing energy consumption and cost. This field is becoming increasingly important as individuals and businesses alike seek to reduce their carbon footprint and lower energy expenses.
A third emerging energy career is that of a battery storage technician. As energy storage becomes more important in the transition to renewable energy sources, the demand for skilled technicians to install and maintain battery storage systems is growing. Battery storage technicians work with a variety of battery types, including lithium-ion, lead-acid, and flow batteries, and are responsible for ensuring these systems operate efficiently and safely.
In conclusion, the renewable energy technician, energy analyst, and battery storage technician are all emerging energy careers that offer exciting opportunities for those interested in pursuing a career in the energy industry. As the world continues to transition to renewable energy sources, the demand for skilled workers in these fields is only likely to grow.
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The future value of $2000 earning 3% interest for 1 year is
Answers
Answer: Ending Balance:: $2,060.00
Explanation:
$2,060.00 is the future value of $2000 earning 3% interest for 1 year.
What is future value and present value?The quantity of cash that has to be paid in order to accomplish a particular future goal is known as the present value. The calculation is shown below-
Future Value = Present\ Value ( 1+ r )^n
Future Value = 2000 ( 1+ 0.03 )^1
Future Value = $2060
Thus, it is $2,060.00
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In order to outpace inflation when investing, your investments need to have a lower
rate of return than the rate of inflation.
True
False
Answers
Answer:
False
Explanation:
Inflation can dry up funds for investment because savings may decrease due to the fact that when the savings money is repaid it can be worth much less than when it was lent and that the real rate of interest may be low.
Alfred E. Old and Beulah A. Crane, each age 42, married on September 7,2017. Alfred and Beulah will file a joint return for 2019. Alfred's Social Security number is 111-11-1109. Beulah's Social Security number is 123-45-6780, and she adopted "Old" as her married name. They live at 211 Brickstone Drive, Atlanta, GA 30304. Alfred was divorce from Sarah Old in March 2016. Under the divorce agreement, Alfred is to pay Sarah $1,250 per month for the next 10 years or until Sarah's death, whichever occurs first. Alfred pays Sarah $15,000 in 2019. In addition, in January 2019, Alfred pays Sarah $50,000, which is designated as being for her share of the marital property. Also, Alfred is responsible for all prior years' income taxes. Sarah's Social Security number is 123-45-6788. Alfred's salary for 2019 is $150,000. He is an executive working for Cherry.Inc. (Federal I.D. No. 98-7654321). As part of his compensation package, Cherry provides him with group term life insurance equal to twice his annual salary. His employer withheld $24,900 for Federal income taxes and $8,000 for state income taxes. The proper amounts were withheld for FICA taxes. Beulah recently graduated from law school and is employed by Legal Aid Society.Inc. (Federal I.D. No. 11-1111111), as a public defender. She receives salary of $42,000 in 2019. Her employer withheld $7,500 for Federal income taxes and $2,400 for state income taxes. The proper amounts were withheld for FICA taxes. Alfred and Beulah had interest income of $500. They received $1,900 refund on their 2018 state income taxes. They claimed the standard deduction on their 2018 Federal income tax return. Alfred and Beulah pay $4,500 interest and $1,450 property taxes on their personal residence in 2019. Their charitable contributions total $2,400 (all to their church). They paid sales taxes of $1,400, for which they maintain the receipts. Alfred and Beulah have never owned or used any virtual currency, and they do not want to contribute to the Presidential Election Campaign. Compute the Old's net tax payable (or refund due) for 2019. Suggested software: ProConnect Tax Online
Answers
To compute the Olds' net tax payable (or refund due) for 2019, we need to gather all the relevant information and calculate their taxable income, apply the appropriate tax rates, deductions, and credits. Since the tax calculation involves various factors and tax laws, it would be best to use tax software such as ProConnect Tax Online or consult with a tax professional. The software will streamline the process and ensure accurate calculations based on the specific tax laws and regulations applicable to the Olds' situation.
Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of per day, and it uses these subcomponents at a rate of per year (of 250 working days). Holding costs are $ per item per year, and ordering costs are $ per order.
Part 2
a) What is the economic production quantity?
enter your response here units (round your response to two decimal places).
Answers
The economic production quantity (EPQ) is a formula used to determine the optimal production quantity that minimizes both holding and ordering costs. The economic production quantity for Race One Motors is 2043.08 units.
In the case of Race One Motors, we need to find the ideal production quantity that will help the company maintain its inventory while keeping its costs at a minimum.
Using the given information, we can calculate the EPQ as follows:
EPQ = sqrt[(2AO) / H]
Where,
A = annual usage rate of subcomponents
O = ordering cost per order
H = holding cost per item per year.
Plugging the values, we get:
EPQ = sqrt[(2 x 31250 x 200) / 6]
EPQ = sqrt[(12500000) / 6]
EPQ = 2043.08
Therefore, the economic production quantity for Race One Motors is 2043.08 units. This means that if the company produces this amount of subcomponents, it will be able to minimize its holding and ordering costs.
It is important for Race One Motors to determine the EPQ because it helps the company to optimize its production and inventory management. By producing the optimal quantity, the company can reduce its holding costs, which include storage, insurance, and handling costs. At the same time, by minimizing the number of orders placed, the company can also reduce its ordering costs, which include administrative and transportation expenses.
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Prezario's has 25,000 shares of stock outstanding with a par value of $1 per share. The current market value of the firm is $847,000. Currently, the retained earnings account balance is $428,000 and the capital in excess of par value account balance is $187,000. The company just announced a 3-for-1 stock split. What is the common stock account balance after the stock split?
Answers
Based on the information given the common stock account balance after the stock split is $25,000.
Using this formula
Common stock account balance=Shares of stock outstanding× Par value
Where:
Shares of stock outstanding=25,000
Par value=$1
Let plug in the formula
Common stock account balance=25,000×$1
Common stock account balance=$25,000
Inconclusion the common stock account balance after the stock split is $25,000.
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Given the following scenario, which of the strategies for promoting a positive service culture needs to be better taught to and practiced by the employee? Walter
is helping a customer who is looking to purchase a new television. The customer wants a new model and one that has excellent sound quality. Walter knows that
there are only two brands that meet the customer's, wants: Kanazawa and Himeji. However, Walter knows that they are out of stock in both products, and he has
been pressured by his manager to sell more Saitama televisions in order to make room for other brands. Walter knows that the Saitama brand does not meet the
specifications that the customer is looking for, but, to make his sales numbers look better and to please his manager, Walter tells the customer that Saitama
televisions are exactly what they are looking for. The customer buys the Saitama television and goes home feeling like they got the best television to fit their
needs.
Becoming an expert on your organization
Answers
The strategies for promoting a positive service culture needs to be better taught to and practiced by the employee is: Becoming an expert on your organization.
What is the strategies for promoting a positive service culture ?The strategy of becoming an expert on your organization needs to be better taught to and practiced by the employee in this scenario.
By misrepresenting the capabilities of the Saitama television, Walter is not providing the best service to the customer and goes against the principle of putting the customer's needs first.
Becoming an expert on the products and services offered by the organization and being transparent about their capabilities would have helped Walter to better serve the customer and maintain a positive service culture.
Therefore becoming an expert on your organization is the strategies for promoting a positive service culture needs to be better taught.
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Magnificent Blooms is a florist specializing in floral arrangements for weddings, bo graduations, and other events. Magnificent Blooms has a fixed cost associated with space and equipment of $100 per day. Each worker is paid $50 per day. The daily production § function for Magnificent Blooms is shown in the accompanying table. © Macmil Submit All Quantity of labor (workers) 0 1 2 3 4 5 a. Calculate the marginal product of each worker. Quantity of floral arrangements 0 5 9 12 14 15 Marginal product Quantity of labor (workers) 1 2
Answers
The marginal product of each worker for Magnificent Blooms is as follows: Worker 0: N/A: Worker 1: 5: Worker 2: 4: Worker 3: 3: Worker 4: 2: Worker 5: 1
To calculate the marginal product of each worker for Magnificent Blooms, we need to determine the change in the quantity of floral arrangements resulting from each additional worker.
Here's how to calculate the marginal product for each worker:
Worker 0: Since there are no workers (0 workers), the quantity of floral arrangements is 0. Therefore, the marginal product for worker 0 cannot be calculated.
Worker 1: The quantity of floral arrangements with 1 worker is 5. To calculate the marginal product for worker 1, we subtract the quantity of floral arrangements with 0 workers from the quantity with 1 worker: 5 - 0 = 5.
Worker 2: The quantity of floral arrangements with 2 workers is 9. To calculate the marginal product for worker 2, we subtract the quantity of floral arrangements with 1 worker from the quantity with 2 workers: 9 - 5 = 4.
Worker 3: The quantity of floral arrangements with 3 workers is 12. To calculate the marginal product for worker 3, we subtract the quantity of floral arrangements with 2 workers from the quantity with 3 workers: 12 - 9 = 3.
Worker 4: The quantity of floral arrangements with 4 workers is 14. To calculate the marginal product for worker 4, we subtract the quantity of floral arrangements with 3 workers from the quantity with 4 workers: 14 - 12 = 2.
Worker 5: The quantity of floral arrangements with 5 workers is 15. To calculate the marginal product for worker 5, we subtract the quantity of floral arrangements with 4 workers from the quantity with 5 workers: 15 - 14 = 1.
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