The profits of the Tinsley Plastics to manufactures plastic bottles is $162,000.
What is profit?
A profit is defined as the monetary profit. It is particularly the difference between the amount earned, and the amount spent on purchasing, operating, or creating anything.
The formula of profit is:
[tex]\text{Profits} =\text{ NBV} *\times \text{Required Rate of Return + Residual Income (RI)}[/tex]
Computation of profit:
According to the given information,
Net Book Value (NBV) = $510,000,
Rate of Return = 12%
Residual Income (RI) = $101,000
Now, apply the given values in the formal of profit,
[tex]\text{Profits} =\text{ NBV} *\times \text{Required Rate of Return + Residual Income (RI)}\\\\\text{Profits} = \$510,000 \times 12\% + \$101,000\\\\\text{Profits} =\$162,000[/tex]
Therefore, the firm's profits must be $162,000.
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The information to prepare the statement of cash flows comes from all of the following sources except:________
a. comparative balance sheets.
b. additional transaction data about cash provided or used during the period.
c. adjusted trial balance.
d. current income statement.
The information to prepare the statement of cash flows does not involves sources from adjusted trial balance.
What is cash flow statement?A cash flow statement serves as financial statement which is used to estimate aggregate data regarding all cash inflows.
Therefore, the sources to get the cash flow statement could be from comparative balance sheets or current income statement.
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Record the issuance of bonds with a face value of $670,000 for $615,000.
Academy Driving School reported the following amounts in its financial statements:
Year 1 Year 2
Number of common shares 11,700 11,700
Net income $ 25,740 $ 20,740
Cash dividends paid on common stock $ 3,200 $ 3,200
Total stockholders' equity $ 260,000 $ 240,000
Calculate EPS and ROE for Year 2.
The EPS for Year 2 is $1.77 and the ROE for Year 2 is 8.64% for Academy Driving School.
What is EPS and ROE?The earning per share is amount that will be earned by the share holders from the net income on per share. While the ROE is the return each shareholder will get the total amount of equity engaged in the net income earned by the company in a particular year.
Computation of EPS:
[tex]\begin{aligned}\text{EPS}&=\dfrac{\text{Net Income}}{\text{Number of Common Shares}}\\&=\dfrac{\$20,740}{\$11,700}\\&=\$1.77\end{aligned}[/tex]
Computation of ROE:
[tex]\begin{aligned}\text{ROE}&=\dfrac{\text{Net Income}}{\text{Shareholders' Equity}}\times100\\&=\dfrac{\$20,740}{\$240,000}\times100\\&=8.64\%\end{aligned}[/tex]
Therefore, for Year 2 the EPS is $1.77 and ROE is 8.64%.
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who is labron james first son
Answer [3]
Hi there! I'm Lilo, and I'm here to help you :D
His eldest/first son was Bronny James
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More info:
Bronny James is the eldest son of Lebron James.
He currently plays as a Point guard for Sierra Canyon High School.
He is the 24th ranked player in his high school class.
And he has been labeled a 4 - star recruit by ESPN.
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Last messages:
Have a great Morning/ Afternoon/ Night :)
I'm truly sorry if this is incorrect :(
- [Lilo2was2lost]
in preparation of the physical structure of the business, what are the task that an entrepreneur should perform?
Answer:
What I have to do in order to ensure that my business will move in the right direction? There are really different things that you will need to do for your business as entrepreneurial tasks on an everyday basis.
Some of them are predictable, but the real problem can be when you need to work on highly unpredictable tasks for your business. In such a case, you will need much harder efforts in order to ensure effective time management for yourself as an entrepreneur.
Because of that, I am using categorization in order to achieve some order in the chaos of entrepreneurial tasks.
When it comes to your entrepreneurial tasks, generally they can be classified in the following groups:
1. Tasks Related to Creativity and Ideation
The first category of your tasks as an entrepreneur are tasks related to creativity and ideation. Every business, absolutely every business will always need a new fresh or great ideas that can lead to innovation and improvement in their products or services they are offering on the market, in the processes and business models of their companies.
Although many do not put this as a separate category, I just want to emphasize this category taking into account the importance of these activities in terms of the increased business potential power of your company. Now, often times these tasks are not distinguished as a separate group or category of tasks because it is more difficult to manage the time in which they will perform as tasks.
When you will be more creative can’t be managed but you can only support the process. Therefore, you can’t tell that tomorrow from 9 am to 12 am you will be more creative and because of that, you will work on brainstorming creative business ideas. But, you can say that tomorrow on your agenda you will have the brainstorming session with your co-workers in order to generate ideas for something. It is better to have one such group work tasks on your agenda.
40 Tips to Brainstorm Business Ideas
2. Planning Tasks
The second category of tasks that you as an entrepreneur will need to do is planning tasks. These tasks represent the predecessors of other tasks that will need to be implemented.
Except for preparation of business plan and your personal plans, these group of activities can include research, analysis, testing, consulting and anything else that in some way will allow you to have a list of tasks that require implementation. So, creativity and ideation will lead to plans which undoubtedly should lead to the next set of tasks, and they are…
3. Implementation as Entrepreneurial Tasks
Implementation of your already prepared plans as a result of the earlier group of tasks. This category of tasks is simply doing the things for your company, or finishing planned tasks. Implementation is one of the most significant tasks and one of the most challenging as well. You should be able to handle the team and must have the right knowledge in managing projects as well. This is why some even take courses such as an online MBA for Canadians by JCU to develop their leadership and managerial skills.
87 Tips and Tricks on How to Become a Successful Entrepreneur
4. Monitoring and Controlling as Entrepreneurial Tasks
For successful work, there must be some kind of monitoring and controlling tasks for the implementation. This is the fourth category of tasks for you as an entrepreneur. Whether it comes to monitoring and controlling your personal work or the work of your employees, this category of tasks ensures that everything that was planned will be implemented as it was planned.
5. Communication as Entrepreneurial Tasks
And of course, the last group of tasks is the communication task. This category is one of the most constant categories, and therefore it will overlap with all the other categories that I have mentioned here. Communication is an essential category of things you will need to do that will provide the proper level of cooperation and improve the results of all other tasks.
Economics Unit 5 Study Guide
The Government agency and the organizations are the groups that are facilitated for the working by the government, privately or with government support.
What is Government agency?The Government agency and the organizations are the groups that are operated either privately or by the government for the operation of the task.
The Government agency is defined as a public organization with the task to complete the work for the government.
The Government Contractor is a private business that works for the completion of the government work.
The Government Corporation is given as the establishment for the independent operation of the goods and services supported by the government.
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What economic concept is applied in this statement? By earning higher levels of education, students learn skills and are more likely to be employed. In their jobs, they use their skills to provide goods and services to others. A. equilibrium B. law of demand C. law of supply D. negative externality E. positive externality
By earning higher levels of education, students learn skills and are more likely to be employed. In their jobs, they use their skills to provide goods and services to others. Positive externality is applied in this statement.
What is high level of education?After a person finishs high school, they can pursue higher education. It usually takes place at universities and colleges of further education and encompasses undergraduate and postgraduate study.
Person's educational level simply refers to highest and most recent academic level or school.
Thus option E is correct.
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Answer:
positive externality
Explanation:
After jill previewed her presentation she realized thst the chart she had chosen did not reflect the data in the way she wanted it to. What can she do now?
Jill can now alter the chart data by right-clicking and selecting the 'Edit' data button. To experiment with other types of charts, click the 'Change Chart Type' button.
What exactly is a create presentation?Make a presentation from scratch or from a template. Text, photographs, art, and videos can all be added. Using PowerPoint Designer, choose a professional design. Make use of transitions, animations, and motion. Organizations and consulting firms utilize presentations to inform, instruct, inspire, and convince internal and external audiences.
They include presentations into sales, training, and internal communication campaigns, relying on the power of words and images to engage and keep their audience's attention.
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How would the distribution of income change if social security were privatized
Answer:
One of the debates surrounding the Social Security program is whether it should be privatized. With any policy decision, however, there are costs and benefits associated with changing the status quo. In this case, the status quo is the Social Security program in its current form. Privatizing would bring significant changes.
Explanation:
Which BCBS program allows members of independently owned and operated plans to have access to health care benefits throughout the United States and around the world?
a. BCBS Global™
b. Away From Home Care Program®
c. BlueCard® program
d. Health Care Anywhere
Answer:
b. Away From Home Care Program®
Explanation:
PLEASE MARK ME AS BRAINLIEST AND HAVE A NICE DAY :)
Answer:
Health care anywhere
Explanation:
BCBS stands for
blue cross blue shieldThe BCBS allows all the members to access health care benifits anywhere throughout out US and the world
Hence option D is correct
What expenses do you need to budget for if you choose to buy a home? Check all that apply.
Answer:
The expenses I would budget for if I choose to buy a house are:
a mortgage payment
homeowners insurance
property taxes
A down payment
utility payments
Explanation:
PLEASE HELP IN ONE MINUTE WILL MARK BRAINLIST
Answer:
A is the answer
Explanation:
BRAINLIST PLS
Answer:
In a market economy the government is minimally involved in the functioning of the economy but does act to protect customers and impose some regulations on the market
Do financial resources include which of the following helps businesses expand, pivot, or consolidate?
A: Loans
B: Projected revenue
C: Employee contributions
Answer:
that would be A. Loans
Explanation:
loan - credit
If required reserve ratio is 10 percent what is the monetary multiplier
Answer:
10
Explanation:
If the reserve requirement is 10%, then the money supply reserve multiplier is 10 and the money supply should be 10 times reserves. When a reserve requirement is 10%, this also means that a bank can lend 90% of its deposits.
What does the “R” in “HVACR systems” refer to?
Answer: Refrigeration
respiration
radiation
reflection
refrigeration
Answer:
The answer is refrigeration
movement in supply is caused by changes in ...................
a. non-price factors
b. price of good alone
c. cost of production
Xavier finished planting his last bonsai tree for his Japanese garden, complete with a koi pond and gazebo.
Unfortunately, the garden wasn't yet fenced in and he already noticed neighborhood children sneaking in to
look at the fish. Eight-year-old Josh wants to take a picture of a fish, but trips and falls on a rock bordering
the pond. Xavier could be held liable for negligence.
Answer:
TRUE
Explanation:
Cost information from ______(neither, both) costing method(s) is helpful to management in setting prices.
Cost information from both costing methods are helpful to management in setting prices.
What is costing method?It should be noted that costing method simply means the method used to know how much to spend on a particular product.
In this case, cost information from both costing methods are helpful to management in setting prices.
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Which of the following examples BEST illustrates taxation using the progressive principle?
All citizens with jobs are taxed 1.45% of their income for Medicare.
The state of Florida increases the sales tax to 7.5% for non-essential goods and services.
The Jacksonville City Council votes to increase the property tax milage rate for all property owners in the city.
Zach who makes $50,000 a year is taxed at a marginal rate of 25% while Javier who makes $500,000 a year is taxed at a marginal rate of 39.6%.
Answer:
A. All citizens with jobs are taxed 1.45% of their income for Medicare.
Explanation:
A progressive tax is when the tax rate you pay increases as your income rises. Federal income tax is an example of progressive taxation. I chose this answer because citzens with jobs are being taxed as their income for Medicare rises.
Therefore, A would be the correct answer. I'm doing the exam as well so I hope this is correct!
An example of BEST illustrates taxation using the progressive principle is All citizens with jobs are taxed 1.45% of their income for Medicare. Thus the correct option is A.
What is taxation using the progressive principle?Individuals or firms with greater financial resources or we can say income are taxed at a higher rate than those with lower incomes under the progressive taxation principle.
In this example, property taxes are assessed based on the property's worth in teh current market scenario, and the city council has decided to raise the tax rate for all city property owners based on that.
The Medicare tax is a payroll tax, which means it is withdrawn from an individual's paycheck automatically. The employer collects and remits the tax to the government. All citizens working in the United States must pay the Medicare tax.
Therefore, option A is appropriate.
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The management of Brinkley Corporation is interested in using simulation to estimate the profit per unit for a new product. The selling price for the product will be $45 per unit. Probability distributions for the purchase cost, the labor cost, and the transportation cost are estimated as follows:
Procurement
Cost ($) Probability Labor Cost ($) Probability Transportation
Cost ($) Probability
10 0.25 20 0.1 3 0.75
11 0.45 22 0.25 5 0.25
12 0.3 24 0.35 25 0.3 (a) Compute profit per unit for base-case, worst-case, and best-case.
Profit per unit for base-case: $
Profit per unit for worst-case: $
Profit per unit for best-case:$
(b) Construct a simulation model to estimate the mean profit per unit.
If required, round your answer to the nearest cent.
Mean profit per unit =
(c) Why is the simulation approach to risk analysis preferable to generating a variety of what-if scenarios?
(d) Management believes that the project may not be sustainable if the profit per unit is less than $5. Use simulation to estimate the probability the profit per unit will be less than $5.
If required, round your answer to a one decimal digit percentage.
The calculated profit per unit for base-case, worst-case is, and best-case for the management of Brinkley corporation is:
$7$3 per unit$3 per unitThe Profit per unit for base-case:45 - 1 1- 24 - 3 = $7
Profit per unit for worst case:45 - 12 - 25 - 3 = $3 per unit
Profit per unit for best case:45 - 10 - 20 - 3 = 12$ per unit
b. The mean profit per unit is given as $7.05
c. The reason the simulation approach is preferable is due to the fact that it can help to determine the probability of profit as a particular amount, unlike the what-if scenario analysis.
It can also create different scenarios for possible resources.
d. The probability of the fact that the profit per unit woul be less than 5 is 9%
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How would I know if I broke or sprained my wrist?
If you have a wrist sprain, you may be able to move the wrist in a range of motion. It may be painful, but you will still be able to do it. That usually means the bones are not broken, and you have a sprain. Another sign of a wrist sprain is that there are swelling and redness around the sprained area of the wrist
Explanation:
Answer:
If its broken, you wont be able to move your fingers and it might be miss shapen. if its sprained, their can still be movement in your hand and your rist will still be strait
Explanation:
What would be your dream job working in the Sports Marketing world and why?
Answer:
I would say working with the productand giving ideas on how things are designed
Explanation:
hope this helps
In two to three sentences, describe how you would divide a page into two columns.
Answer:
Highlight the text you wish to split into columns. Select the “Page Layout” tab. Choose “Columns” then select the type of columns you wish to apply.
Explanation:
hope it helps!!!
Which of the following people would not likely have an insurable interest in a
business owner's life?
O A. A spouse
O B. The owner's child
C. A friend
Cash Flows from Operating Activities—Indirect Method
Indicate whether each of the following would be added to or deducted from net income in determining net cash flow from operating activities by the indirect method:
a. Decrease in inventory
b. Increase in accounts receivable
c. Increase in accounts payable
d. Loss on retirement of long-term debt
e. Depreciation of fixed assets
f. Decrease in notes receivable due in 60 days from customers
g. Increase in salaries payable
h. Decrease in prepaid expenses
i. Amortization of patent
j. Increase in notes payable due in 120 days to vendors
k. Gain on disposal of fixed assets
WORD BANK:
- added
- deducted
3. Which of the following would appear in the computation of net cash flow from operating activities if using the direct method?
a. Cash received from customers
b. Net income
c. Increase in accounts payable
d. Increase in supplies
Please help in one minute will mark BRAINLIST
Answer:
A, B
Explanation:
Might be wrong, there is no guarantee
define tourism with complete sentences
Answer:
Tourism is a social, cultural and economic phenomenon which entails the movement of people to countries or places outside their usual environment for personal or business/professional purposes.
Explanation:
Answer:
Tourism is the use of travel for either pleasure or business to places foreign to the individual. It has created its own economy through the means of accommodations for visitors including things like shops, hotels, transportation services, etc.
(Principles of management is the class I am taking )
What is a management control system? give a example
A management control system gathers information used to evaluate the performance of:
HumanPhysicalFinancialOther organizational resources.What is a management control system?A management control system is a management technique that evaluates the achievement of performance goals in terms of:
ProductivityProfitabilityEfficiency.Thus, a management control system gathers information used to evaluate the performance of human, physical, financial, and other organizational resources.
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What is the definition of a proprietorship? What is its major drawback?
Answer:
is a business owned by one person who invest money, time and physical assets