Taxpayer L has income of $55,000 from Norway, which imposes a 40 percent income tax, and income of $45,000 from France, which imposes a 30 percent income tax. L has additional taxable income from U.S. sources of $200,000 and U.S. tax liability before credits of $105,000. What is the amount of the foreign tax credit?
Answers
Answer:
The amount of the foreign tax credit is $52,500
Explanation:
Given:
Income from Norway = $55,000
Income tax in Norway = 40%
Income from France = $45,000
Income tax in France = 30%
Taxable income from U.S. sources = $200,000
U.S. tax liability = $105,000
Tax paid in Norway = $55,000 × 40% = $22,000
Tax paid in France = $45,000 × 30% = $13,500
Foreign tax credit = (Net foreign income ÷ U.S. taxable income) × U.S. tax liability
= ($100,000 ÷ $200,000) × $105,000
= $52,500
Related Questions
Understanding what the team is working on, encouraging wild ideas, and never rejecting an idea simply because it sounds too crazy are examples of _______ at IDEO.
Answers
Answer:
Understanding what the team is working on, encouraging wild ideas, and never rejecting an idea simply because it sounds too crazy are examples of _______ at IDEO.
Deviance
Explanation:
At IDEO, deviance is equally encouraged just as conformity is also encouraged. Deviance simply means non conformance to expected ways of doing things. IDEO has recognized the importance of innovation in its product designs. It is important to note that innovation comes in many shapes and sizes, and it is only through diversity in thought that people can recognize opportunities for innovation. This is while it forms teams to bring in the two aspects that encourage innovation: conformity and deviance.
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Which of these is not an example of a trade restriction?
a. paying a subsidy to domestic farmers
b. charging a tariff on imports
c. taking land to build an airport
d. limiting the import of certain goods
Answers
Answer:
c. taking land to build an airport.
Explanation:
While the other options (a, b, and d) are examples of trade restrictions, the act of taking land to build an airport is not directly related to trade restrictions. It is more related to the acquisition of land for public infrastructure development, which may involve eminent domain or other legal processes.
Grimm Manufacturing is trying to determine the equivalent units for conversion costs with 15,000 units of ending work in process at 40% completion when there is a total 45,000 physical units. There are no beginning units in the department. Conversion costs occur evenly throughout the entire production period. What are the equivalent units for conversion costs for the current period
Answers
Answer: 36000 units
Explanation:
Ending work in process = 15,000 units
Completion rate = 40%
Total physical units = 45,000
The units completed will be:
= Total Units - Ending working in process
= 45,000 - 15,000
= 30,000
Since only 40% of the ending work in process inventory units has been completed, the completed units will then be:
= 15,000 × 40%
= 15000 × 0.4
= 6,000 units.
Then, the equivalent units for conversion costs for the current period will be:
= 30,000 + 6,000
= 36,000 units.
Mazu Mavuso is a 43-year-old South African resident who was employed by Veg & Fruit Limited, a South African company, until 30 November 2022. On 30 November 2022, Veg & Fruit Limited ceased its operations and the pension fund that Veg & Fruit Limited established for its employees also closed down. The Veg & Fruit Limited pension fund paid out R80 000 to Mazu Mavuso during the 2023 year of assessment. All Mazu Mavuso's pension fund contributions have been deducted in the determination of his taxable Income. Mazu Mavuso also decided to join a retirement annuity fund, to which he made a total contribution of R7 000 during the 2023 year of assessment. For the 2023 year of assessment, Mazu Mavuzo's receipts and expenses were as follow: Salary Director's fees earned Local dividends from South African companies Local interest from a non 'tax free investment' Pension fund contributions at 6.5% of his salary Retirement annuity fund contributions Qualifying medical expenses paid Donation to a qualifying section 18A Public Benefit Organisation R 720 000 110 000 45 000 24 500 ? 7 000 61 630 6 000 Calculate Mazu Mavuso’s taxable income for the 2023 year of assessment. (25 marks) 1.2) Calculate Mazu Mavuso’s total normal tax liability for the 2023 year of assessment. Assume that Mazu Mavuso had a taxable income of: • R770 900 before any retirement fund lump sum withdrawal benefits. • R843 900 after any retirement fund lump sum withdrawal benefits. (17 marks) Competency Framework Reference: E1.2 Interpretation of tax legislation b) Demonstrate the ability to apply the principles of tax interpretation to any new or unfamiliar tax legislation. E1.3 Application of tax legislation to calculate tax obligation a) Analyse the taxpayer’s tax profile. c) Apply the relevant law to the facts, determine the tax position and compute the tax payable (VAT or normal tax) for individuals and companies.
Answers
Explanation:
to calculated this question to solve
I will give brainliest and ratings if you get this correct
Answers
When the price of an inferior good like Good X decreases, consumers tend to demand more of that good since it has become relatively cheaper compared to other goods. However, since Good X is inferior, consumers' demand for it would decrease as their income increases.
To analyze the effect of this price change on consumers' equilibrium conditions, we can use the [replace this with the name of the approach, Brainly won't let me use it] decomposition approach which separates the total effect of a price change into a substitution effect and an income effect.
The substitution effect is the change in the quantity demanded of a good when its price changes, assuming that the consumer's utility level remains constant. In this case, as the price of Good X decreases, consumers would substitute it for other relatively more expensive goods, resulting in an increase in the quantity demanded of Good X.
The income effect is the change in the quantity demanded of a good due to a change in the consumer's purchasing power resulting from a price change. In the case of an inferior good, a decrease in the price of Good X would lead to an increase in the consumer's purchasing power, which would cause them to demand less of Good X.
The total effect is the sum of the substitution and income effects. In the case of an inferior good, the income effect is negative, meaning that it counteracts the substitution effect to some extent.
Graphically, the [replace this with the name of the approach, Brainly won't let me use it] decomposition approach can be illustrated using a demand curve for Good X. The initial equilibrium point is at point A where the budget line BL1 is tangent to the indifference curve IC1.
The substitution effect is represented by the movement from point A to point B, which results from the change in relative prices. At point B, the consumer is consuming more of Good X and less of other goods, which leads to a higher quantity demanded of Good X.
The income effect is represented by the movement from point B to point C, which results from the change in purchasing power. At point C, the consumer is consuming less of Good X and more of other goods, which leads to a lower quantity demanded of Good X.
The total effect is the movement from point A to point C, which reflects the combined impact of the substitution and income effects. As the diagram shows, the income effect dampens the increase in the quantity demanded of Good X resulting from the substitution effect.
(Economics)
In an essay of at least two well-developed paragraphs, explain the global benefits of international trade and multinational corporations.
Answers
International trade refers to the exchange of goods and services across national borders. It plays a significant role in promoting economic growth and providing several global benefits.
One of the primary advantages of international trade is that it allows countries to specialize in producing goods and services in which they have a comparative advantage. This means that countries can focus on producing goods that they can produce more efficiently and at a lower cost compared to other countries. As a result, resources are allocated more efficiently, leading to increased productivity and higher standards of living.Furthermore, international trade enables countries to access a wider variety of goods and services that may not be available domestically. This increases consumer choices and provides opportunities for individuals to enjoy a higher quality of life. For example, consumers in a landlocked country can still enjoy fresh seafood by importing it from coastal countries. Similarly, individuals in colder climates can purchase tropical fruits from countries where they are grown.Multinational corporations (MNCs) also contribute to the global benefits of international trade. These are companies that operate in multiple countries, with business activities ranging from production to distribution. MNCs play a crucial role in facilitating international trade by establishing global supply chains, investing in foreign markets, and creating jobs. They bring capital, technology, and managerial expertise to host countries, which can lead to economic development and improved living standards.Moreover, MNCs often engage in research and development (R&D) activities, driving innovation and technological advancements. This can have far-reaching benefits for both the host country and the global economy. For instance, a multinational pharmaceutical company conducting R&D in a developing country may discover new drugs or medical treatments that can benefit people worldwide.In conclusion, international trade and multinational corporations provide numerous global benefits. They promote specialization, resource allocation efficiency, and access to a wider variety of goods and services. Additionally, MNCs contribute to economic development, job creation, innovation, and technological advancements. Overall, international trade and MNCs play a crucial role in fostering economic growth and improving the well-being of individuals and nations around the world.
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design an approach that your team would recommend for Joseph and Nicholas to cover one area each that you deem necessary to aid in the planning and controlling functions
Answers
The combines strategic planning, performance measurement, effective communication, and continuous improvement to support Joseph and Nicholas in their planning and controlling functions. It ensures a well-defined direction, data-driven decision-making, collaboration, and a focus on growth and adaptability.
In order to aid in the planning and controlling functions, the following approach can be recommended to Joseph and Nicholas:
1. Establish Clear Objectives and Goals: The first step in planning is to establish clear objectives and goals for the team. It is important to have a clear understanding of what needs to be accomplished and what the team's priorities are.
2. Assign Responsibilities: Assigning specific responsibilities to team members helps to ensure that everyone is working towards a common goal. Joseph and Nicholas should each be assigned to cover one area that is necessary for planning and controlling functions. This will help to ensure that all aspects of the project are covered and that there is no overlap or duplication of efforts.
3. Develop a Schedule: Developing a schedule that outlines the key milestones and deadlines for the project is essential to effective planning and control. This will help to ensure that the project stays on track and that deadlines are met.
4. Monitor Progress: Regularly monitoring progress against the schedule and objectives is necessary to ensure that the project is progressing as planned. This will help to identify any issues or problems that arise and allow for corrective action to be taken.
5. Communicate: Effective communication is critical to the success of any project. Joseph and Nicholas should establish a regular communication schedule to ensure that everyone is up-to-date on the project's progress, any issues or problems that arise, and any changes to the schedule or objectives.
6. Make Adjustments: Finally, it is important to be flexible and make adjustments as needed. If the project is not progressing as planned, adjustments may be necessary to the schedule or objectives to ensure that the project stays on track and that goals are met.
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Which Thomas says generic action options for managing diversity is most illustrated in the case?
Answers
The person in history named Thomas who is often associated with discussing generic action options for managing diversity is Thomas Roosevelt. He was an American sociologist and advocate for civil rights who emphasized the importance of promoting diversity and equal treatment in society. However, please note that without further context or specific information about a case, it is difficult to provide a more precise answer.
What percent of each paycheck do financial experts recommend you save, at
the very least?
O 0-10%
O10-20%
20% -30%
30%-50%
Answers
Financial experts recommend that individuals save at least 20% of each paycheck. Saving money is crucial to achieving financial stability and independence. Financial stability is essential to achieving life goals such as buying a home, starting a business, or raising a family.
Therefore, it is important to establish a saving culture that can help individuals save for their future needs and desires. Saving 20% of your paycheck is a good starting point for establishing a savings plan. It is also important to note that individuals can save more than 20% if their financial situation allows for it.
A financial expert may recommend a higher percentage if the individual has high expenses, debt, or a low income. Therefore, individuals must evaluate their financial situation and create a budget that enables them to save and live comfortably.
In summary, financial experts recommend that individuals save at least 20% of their paycheck to establish financial stability and independence.
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Following is a list of advantages and disadvantages of the corporate form of business. Identify each quality as either an advantage or a disadvantage.
a. Ownership and management are separated.
b. Entity has continuous life.
c. Transfer of ownership is easy.
d. Stockholders’ liability is limited.
e. Exposure to double taxation is evident.
f. Entity can raise more money than a partnership or sole proprietorship.
g. Government regulation is expensive.
Answers
Answer:
a - Advantage
b - Advantage
c - Advantage
d - Advantage
e - Disadvantage
f - Advantage
g - Advantage
Explanation:
To begin with, most of the statements are advantages of the corporate form of business due to the fact that they describe and show how that type on entity has better ways to run business when it comes to comparing with other forms. Therefore that the fact of having ownership and management separated allows the business to have a better organization when it comes to the decision making process. Also the fact that stockholders' liability is limited so they do not are in danger beyond their participation in the company and so on with the other statements. The only statement that show a disadvantage is the one that states that the corporate form is exposure to double taxation so that implicates to pay more taxes and that generate money issues for the company.
A corporate is termed as an entity whether being profitable or non-profitable. For the profitable corporates, the major part is to earn revenue, and for the non-profitable, the major part is the social welfare and te customer satisfaction.
a. Ownership and management are separated----------Advantage
b. Entity has continuous life--------Advantage
c. Transfer of ownership is easy----------Advantage
d. Stockholders’ liability is limited------------ Advantage
e. Exposure to double taxation is evident--------- Disadvantage
f. Entity can raise more money than a partnership or sole proprietorship--------Advantage
g. Government regulation is expensive--------Advantage
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1. Donald is aggressive and smart, but he's bored at his job. He wants to pursue
his dream of starting a burger joint called "Donald Mac's." His business plan is
to open six stores in 12 months. All he needs is money—other people's money.
Everyone says that finding investors is the only way to go, the shortcut to
success, wealth with no risk. So he buys a coat and tie, shines his shoes, and hits
the streets, looking for investors. He comes to you. You like his idea, but are his
plans sound? What do you think?
Answers
Answer:
Donald's plans are not sound.
There is more to running a business than opening six stores in 12 months. How does he want to ensure that these stores will be opened and will become viable, attractive to customers, and be able to meet customers' needs.
Explanation:
A business does not exist in isolation. It exists for a purpose. The overarching purpose is to satisfy the needs of its customers. But, first things first. Is there a viable market for Donald's business ideas? Has Donald determined the size of this market? Is the market sustainable? What are the barriers for new entrants? What competition does this business face? What competitive advantage or otherwise will Donald Mac's enjoy or suffer? How can Donald Mac's overcome its competitive challenges? Can Donald show the cash flow projections for the proposed business? This and more pertinent questions need to be answered in the business plan, to make it sound convincing before potential investors.
Assume the manager is located at point B in the diagram above, and he is charging a price of P0. What does the demand for the firm's goods look like if the management anticipates that rivals would not match price reductions but will match price rises instead of price decreases?
Answers
The demand for the firm's goods based on the diagram given and the current price is elastic.
Why is the price elastic?Demand is said to be elastic when quantity demanded decreases when prices increase, and vice versa.
Looking at the graph, if there is a price increase by management, the demand will decrease as shown by the space on the blue line above quantity B.
If prices reduce however, the demand increases as shown by curve D₂.
In conclusion, the demand is elastic.
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Who is the primary regulator over the
mortgage banking industry?
Answers
The primary regulator over the mortgage banking industry in the United States is the Office of the Comptroller of the Currency (OCC).
What does the Office of the Comptroller of the Currency (OCC) do?It was established by the U.S. government to oversee all national banks in the United States.
This means that it is the regulatory agency for any type of banking on the national level including mortgage banks.
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Bernie just started a business and is trying to raise capital. He has both accredited and non-accredited investors investing in the company. Which of the following is true?
Bernie’s investors may not invest more than $1 million per year.
Bernie’s investors may not invest more than $50 million per year.
Bernie’s company may use only accredited or non-accredited investors, but not both.
Bernie’s investors may invest money in the amounts allowed by their status as an accredited or non-accredited investor.
Answers
The fourth option is the correct answer for this question.
An accredited investor is a person or a company that is authorized to trade securities even though they are not officially registered with the financial authorities. Investors that don't meet the net worth or income requirements outlined by the Securities and Exchange Commission (SEC) are referred to as non-accredited investors.
As from the definition mentioned above, there are some set of rules that signify an investor to be accredited or non-accredited. In the given question, the first two options directly talk about the investment level of those investors and this solely cannot be a point to establish a person to be accredited or non-accredited. So the first two options are nullified.
As for the second option there is no such rule that only one type of investors can invest in Bernie’s company. Therefore, this option also gets exempted.
The last fourth option talks about both the aspects of the investors being accredited or non-accredited and also this will make sure as to how much money they can invest. Therefore, option 4 is the correct answer for this question.
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Fixed vs variable cost preference. bates operates a kiosk at a local mall, selling duck calls for $30 each. the variable cost to make a duck call is $18. a new mall is opening where bates wants to locate a new kiosk. the mall operator offers the following two options for bates: 1. paying a fixed rent of $15,000 a month, or: 2. paying a fixed rent of $9,000 per month plus 10% of revenue earned from each duck call, the amount of monthly sales (in units) at which bates would be indifferent as to which plan to select is: a) 1,900 b) 2,000 c) 1,500 d) 1,600
Answers
Answer:
b) 2,000
Explanation:
sales price = $30
10% from each sale = $3
the amount of rent paid as a percentage of sales = $15,000 - $9,000 = $6,000
the indifference point in units = $6,000 / 10% revenue margin = $6,000 / $3 = 2,000 units
If Bates sells less than 2,000 units, then he should prefer option 2, but if he sells more than 2,000 units, then option 1 is better for him.
Which question can best help a consumer assess risk when purchasing insurance? How much must be paid to make a claim? What problems are most likely to happen? What are the possible payouts on a claim? How much are the monthly premiums?
Answers
Answer: the answer is : What problems are most likely to happen?
Explanation:
Answer:
b
Explanation:
suon
Select the best answer for the question
7. The company's goal is to earn $5 profit for every sale that's made in its stores. Which key performance indicator can be used to measure the results of this goal?
OA. Number of sales per employee
OB. Profit made per sale
OC. Overall company growth
OD. Number of sales per day
Answers
You would see the profits by sale and try to increase it to $5 therefore option B is correct.
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Ali is the manager of a successful company. He has many employees under his command. One of his employees in the finance department made a huge mistake which cost the company a lot of money. His name is Saleh. Ali chooses to handle that situation by offending Saleh and yelling at him in front of all his colleagues as a .warning, but he does not fire him
Abeer is a manager in another successful company. She had an employee who made the same mistake. Her name is Sara, but Abeer did not handle the situation as Ali did. Instead, she decided not to yell at Sara for making that mistake and chose to wait until Sara's work .contract finished and did not renew it again
Do you think Ali's decision is legal? And Abeer's ?decision is ethical? And why If you were a manager and faced the same ?problem, what would you do?and why
Answers
The fundamental problem with ethical quandary is that it does not have clear-cut answer that complies with ethical standards. People have encountered problems throughout human history, and philosophers have sought to address them.
What is ethics?To "systematise, defend, and suggest notions of good and wrong action," "ethics" or "moral philosophy," a branch of philosophy, is the goal. The philosophical field of axiology encompasses the fields of ethics and aesthetics, both of which are concerned with questions of worth. Assuming that no one has any moral knowledge, moral scepticism, also referred to as moral scepticism, is a group of metaethical ideas. Many moral sceptics also offer the more forceful, modal argument that moral knowledge is impossibly unattainable. Moral scepticism, which denies the existence of knowable and objective moral truths, is particularly opposed to moral realism. The ontology of ethics is concerned with value-bearing elements, i.e., the categories of objects or entities that are addressed in ethical claims.
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On April 30, 2009, Tilton Products purchased machinery for $88,000. The useful life of this machinery is estimated at 8 years, with an $8,000 residual value. Refer to the information above. Assume that in its financial statements, Tilton Products uses the 200%-declining-balance method and the half-year convention. Depreciation expense in 2009 and 2010 will be: Group of answer choices
Answers
Answer:
2009 $11,000
2010 $19,250
Explanation:
Calculation to determine what Depreciation expense in 2009 and 2010 will be:
2009 depreciation expense=$88,000 × 2/8
2009 depreciation expense = $22,000/2
2009 depreciation expense = $11,000
2010 depreciation expense= $77,000 × 2/8 2010 depreciation expense=$19,250
Therefore the Depreciation expense in 2009 and 2010 will be:
2009 $11,000
2010 $19,250
The change in technology and the globalization have brought new pattern of organizing
today's companies, and thus, the managers need to consider these new concepts in
organization's design process. With this statement, discuss the emerging issues in
organization design and architecture.
Answers
Following are the emerging issues in organization design and architecture:Technology and Globalization, Customer Relations,Technical Knowledge, Flexibility, Employee's Well-being.
Following are the emerging issues in organization design and architecture:
Technology and Globalization: The modern era's rapid technology and globalization have forced the organizations to adopt a new pattern of organizing. Managers are focusing more on technology and globalization and they are ensuring that the company can cope with the emerging challenges.Customer Relations: Customers are the major driving force in every business. To maintain the customer base, the managers need to focus on customer relations as the organization's design process should be centered around their needs. This will help the managers in creating a company that provides excellent customer service to its customers.Technical Knowledge: The success of an organization depends on the technical knowledge of its managers. Managers need to have knowledge about new and emerging technologies so that they can use them to enhance the organization's capabilities. In addition, managers need to know how to apply this technical knowledge to improve the organization's structure and operations.Flexibility: Flexibility is a crucial component in the organization's design process. The managers need to design the organization that is flexible enough to adapt to new changes and technologies. This will help the managers in keeping up with the rapidly changing business environment.Employee's Well-being: The well-being of employees is also a significant issue in the organization's design process. The managers need to design the organization in a way that the employees can work efficiently, and their personal needs are also met. This will help in improving the employee's productivity and motivation level and ensure their loyalty to the organization.For more such questions on Globalization
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it usually takes less than two years for it investment to result in a significant increase in productivity in large firms.
a. True
b. False
Answers
It is not true that it usually takes less than two years for IT investment to result in a significant increase in productivity in large firms. The correct option is b.
What are firms?Firms are for-profit business organizations such as a corporation, limited liability company or partnership that provides professional services.
A firm mostly associated with businesses that provide professional law and accounting services, but the term may be used for a wide variety of businesses, including finance, consulting, marketing, and graphic design firms, among others.
Most firms have just one location but a business firm consists of one or more physical establishments.
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Whilst you have been away on annual leave the Principal of the agency has exchanged contracts to personally purchase one of your listings. You do not believe that your vendor is aware of the fact that it is your employer as it has been purchased in a company name and there is no declaration on the file or on the copy of the contract in the file. A) What skills will you need to employ? B) What do you do and explain why quoting any relevant bodies, legislation, forms and penalties?
Answers
(A) The skills required to deal with the issue is to computer and research skills and communication skills.
(B) One should resolve the complaints by using the Complaint Register.
What is the meaning of contract?Contract refers to the agreement between the two people or more under the eyes of the law. The agreement made should have the legal consideration and should be enforceable by the laws.
The skills needed to be employed are as follows:-
Knowledge of computers and research techniques to locate relevant legislation for your problems; Effective communication abilities to speak with the vendors and your employer.Complaint resolution processes (using the Complaint Register).This is something the principle should think about:
The Property and Stock Agents Act of 2002 considers it a violation of trust;Non-disclosure in order to receive a benefit; Form 49 and Section 55 MUST be completed;The vendor should not suffer as a result of working with your company; Up to two years in prison and a fine of $29,313 can be imposed as penalties for violating Section 55.The estate agent may also be ordered by a court to repay any commission they received from the vendor.
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which of the following pieces of information will you find on the safety data sheet
walmart
Answers
Normally, the safety data sheet (SDS) for a product offered by Walmart will contain details regarding the risks associated with the product, including any potential physical risks or health impacts connected with its use or handling.
Additionally, it might contain details on the proper safety precautions or safeguards to use when utilizing the product, as well as first aid procedures to follow in the event of exposure or unintentional ingestion.
The SDS may also include details on the chemical makeup of the product, its characteristics, and any potential chemical interactions, as well as details on disposal and storage.
The specific information on the SDS will vary depending on the product in question and the laws governing its use and handling.
Here are some examples of the kinds of details you might discover on a safety data sheet:
A household cleaner might have a safety data sheet that details the product's chemical makeup, potential risks (including eye or skin irritation), and safety measures to take when using the product.
An SDS for a paint product may contain details on the chemicals used in the paint and any potential dangers.
An SDS for a product used in a laboratory setting may provide information on the possible health effects of the chemicals in the product and handling safety measures.
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the question is incomplete. the complete question is
What pieces of information will you find on the safety data sheet Walmart?
Cheyenne Corp., a private corporation, received its articles of incorporation on January 3, 2024. It is authorized to issue an unlimited
number of common shares and $1 preferred shares. It had the following share transactions during the year:
Jan. 12
24
July 11
Oct. 1
Issued 47,000 common shares for $5 per share.
Issued 890 common shares in payment of a $5,479 bill for legal services.
Issued 940 preferred shares for $25 per share.
Issued 9,400 common shares in exchange for land. The land's fair value was estimated to be $51,700. Cheyenne's
accountant estimated that the fair value of the shares issued might be as high as $6 per share.
What is the average per share amount for the common shares???
Answers
The average per share amount for the common shares of Cheyenne Corp. is approximately $4.9787.
To calculate the average per share amount for the common shares of Cheyenne Corp., we need to determine the total amount of money received from the issuance of common shares and divide it by the total number of common shares issued.
Let's calculate the total amount of money received from the issuance of common shares:
Jan. 12: 47,000 common shares issued for $5 per share
47,000 common shares × $5 per share = $235,000
Now, let's calculate the total number of common shares issued:
Jan. 12: 47,000 common shares issued
The total number of common shares issued is 47,000.
Next, we can calculate the average per share amount for the common shares:
Average per share amount = Total amount of money received / Total number of common shares issued
Average per share amount = $235,000 / 47,000
Average per share amount ≈ $4.9787
Therefore, the average per share amount for the common shares of Cheyenne Corp. is approximately $4.9787.
It's important to note that the calculation assumes that there were no other common share issuances or transactions throughout the year. If there were additional issuances or transactions, they would need to be considered to calculate an accurate average per share amount.
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Duo, Inc., carries two products and has the following year-end income statement (000s omitted): Product AR-10 Product ZR-7 Budget Actual Budget Actual Units 2,000 2,800 6,000 5,600 Sales $ $ 6,000 $ 7,560 $ 12,000 $ 11,760 Variable costs 2,400 2,800 6,000 5,880 Fixed Costs 1,800 1,900 2,400 2,400 Total Costs $ 4,200 $ 4,700 $ 8,400 $ 8,280 Operating income $ 1,800 $ 2,860 $ 3,600 $ 3,480 The sales quantity variance that would complement the variance calculated in the previous question is:
Answers
Answer:
$480
Explanation:
Calculation to determine what The sales quantity variance that would complement the variance calculated in the previous question is:
First step is to calculate Sales mix: budget for
AR-10
Total units: budget = 2,000 + 6,000
Total units: budget = 8,000
Actual units = 2,800 + 5,600
Actual units= 8,400
Sales mix: budget: 2000/8000
Sales mix: budget = 25%
(8,400-8,000) x.25 x $1.80
= $180 favorable
For ZR-7:Sales mix: budget: 6000/8000 = 75%(8400-8000) x.75 x $1.00 = $300
favorableTotal quantity variance: $180 + $300 = $480
.
Therefore The sales quantity variance that would complement the variance calculated in the previous question is:$480
The balance in the Prepaid Rent account before adjustment at the end of the fiscal year is $10,000, which represents five months of rent which was paid on December 1. The year-end adjusting entry required on December 31 is Group of answer choices debit Prepaid Rent, $2,000; credit Rent Expense, $2,000 debit Rent Expense, $8,000; credit Prepaid Rent, $8,000 debit Rent Expense, $10,000; credit Prepaid Rent, $10,000 debit Rent Expense, $2,000; credit Prepaid Rent, $2,000
Answers
Answer: debit Rent Expense, $2,000; credit Prepaid Rent, $2,000---D
Explanation:
Balance in Prepaid rent account = $10,000
Rent expense = $10,000/5 months = $2,000
Adjusting journal entry To record the expiration of rent for December month
Date Accounts Titles and Explanations Debit Credit
Dec. 31 Rent Expense ($10,000/5 months) $2,000
Prepaid Rent $2,000
debit Rent Expense, $2,000; credit Prepaid Rent, $2,000---D
After listening to the talk or speech (select any one speech if you listened to more than one), write why you think the speaker is so effective. What
are some of the verbal and nonverbal techniques that the speaker uses to connect with the audience?
Answers
Explanation:
Attracting and integrating the audience is essential for a speech to be effective, for this there are verbal and non-verbal techniques that the speaker uses to capture the audience's attention.
It is essential that before speaking, there is a plan aligned to your audience, the speaker needs to know who your audience is, their characteristics, age, gender, etc., so that there is an adequacy of how their words can attract that audience specifically. Therefore, prior to any verbal or non-verbal technique, the speaker's prior preparation is necessary, he must have mastery of what he will speak, be sure of himself, cordial with people and know how to use the stage properly, so that his presence is properly noticed and it’s the main point of getting the audience’s attention.
It is also interesting to use everyday terms and situations that convey public identification, to make the lecture more flexible and less formal when possible.
Currently there are technological resources that also help the lecture to become more dynamic and less boring ... the speaker can use excerpts from videos, impact phrases, images, etc.
Answer:
(Answers may vary. The response below indicates the kind of details that you should include in your answer.)
The speaker spoke very clearly and passionately.
The language used was easy to understand, yet powerful.
The speaker effectively used voice modulation and pauses.
The speaker highlighted important points by emphasizing certain words while speaking.
The purpose of the speech came across very strongly.
The facial expressions and body language matched the intensity of the speech.
The speaker used hand gestures effectively to emphasize certain points.
The speaker made eye contact with the audience.
Explanation:
A car owner found that her monthly cost of driving her car depends on the number of miles she drives. She calculates that if she drives 320 miles per month, her monthly cost is $270. If she drives 400 miles per month, her monthly cost is $297. Assume that the monthly cost, C, of driving the car is a linear function of the number of miles, d, she drives in a month.
The formula for the monthly cost, C, of driving the car as a function of the number of miles, d, she drives in a month, is
Answers
Outline the initiative that Woolworths , use to lessen their impact on environment
Answers
Woolworths understands that it can have a positive impact on the retail supply chain to make it more sustainable and reduce its carbon footprint. Woolworths' Sustainability Strategy 2007-2015 established a number of targets and commitments for the company to improve its sustainability and reduce its environmental impact by 2015.
Woolworths has launched a number of initiatives and joined a number of programs that promote and aim to have a low environmental impact. Woolworths retail businesses have signed the Kyoto Protocol, an international agreement established by the Framework Convention on Climate Change. The can be defined as an organization that is seen to be using various techniques to reduce their impact on the environment. This initiative helps to make the world a greener place by reducing emissions that are harmful to people's and animals' health. Woolworths uses the following initiatives to reduce its environmental impact: growing greener by lowering emissions, reducing plastic, and sourcing responsibly.
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Your restaurant revenue is $710,000, expenses total $890,000, and your total invest is $3 million what is your return investment?
Answers
Answer:
Return on investment = -6%
Explanation:
Given:
Gross revenue of restaurant = $710,000
Total expenses of restaurant = $890,000
Total investment = $3,000,000
Find:
Return on investment
Computation:
Net profit = $710,000 - $890,000
⇒ Net profit = -$180,000
Return on investment = [Net profit / Total investment]100
⇒ Return on investment = [-180,000 / 3,000,000]100
⇒ Return on investment = [-0.06]100
Return on investment = -6%