Answer:
Annual depreciation= $1,275
Explanation:
Giving the following information:
Purchase price= $5,600
Useful life= 4 years
Salvage value= $500
To calculate the annual depreciation, we need to use the following formula each year:
Annual depreciation= 2*[(book value)/estimated life (years)]
Year 1:
Annual depreciation= 2*[(5,600 - 500) / 4]
Annual depreciation= $2,550
Year 2:
Annual depreciation= 2*[(5,100 - 2,550) / 4]
Annual depreciation= $1,275
QUESTION THREE.
The following data give the savings bank accounts balances of nine sample
households selected in a survey. The figures are in SSP
745.2,000.1.500.68,000.461,549,3750,1800,4795
(a) Find the mean and the median for these data;
(6) Do these data contain an outlier? If so, exclude this value and recalculate th
mean and median. Which of these summary measures has a greater change wh
outlier is dropped?;
(c) Which of these two summary measures is more appropriate for this series?
Answer:
We can first order the data from smallest value to largest value:
461
549
745
1500
1800
2000
3750
4795
68000
a) The mean is 9289, and the median is 1800
b) The data does have an outlier, which is 68000, because it is more that three standards deviations away from the mean, excluding this value, our new mean is 1950 and our new median is 1650. We can see that the greatest change in value was for the mean.
c) the median is more appropriate because the median is less sensitive to outliers. The mean can be easily swayed by outliers in either way, and this can give an erroneous impression of the data.
A home mortgage that can be repaid over a 30-year period is an example of:
A. a line of credit.
B. a student loan.
C. a short-term loan.
D. a long-term loan.
Answer:
D. a long-term loan.
Explanation:
Loans are classified based on varied parameters. There are secure and unsecured loans, installment credit and revolving credit. Also, there loans with fixed interest rates and others with variable interest rates.
Loans are also categorized depending on the duration it takes to repay them. Short term loans are those repaid with one year. For businesses, these loans are short term liabilities.
Long-term loans take longer than one year to repay. The mortgage is to be paid over 30 years period. To businesses, these loans are long-term liabilities.
For a given aggregate demand curve, the specificed rate of spending growth is the growth rate of money:___________.(a) demand plus the growth in velocity, (b) supply minus the rate of growth in velocity, (c) demand minus the rate of growth in velocity, (d) supply plus the growth in velocity.
Answer:
(d) supply plus the growth in velocity
Explanation:
As we know that
The spending growth rate is
= Money supply growth rate + velocity growth
Here the spending growth rate is the rate when there is a rise of the amount i.e. incurred
The Money supply growth rate is the rate when there is a rise in the money i.e. pumped in the market
And, the velocity of the growth is the rate where the money in the system varies hands
Therefore the correct option is d.
People who take a loan from a bank have the responsibility to:
A. spend all of their savings to pay off the loan as quickly as
possible.
B. pay the full amount of each monthly payment without being late.
C. use the same bank whenever they want to take out another loan.
D. never take out another loan until the first one is paid off.
Answer:
B
Explanation: Just answered it
People who take loan from a Bank have the responsibility to pay the full amount of each monthly payment. Hence, option B is correct.
Rules for Bank LoanThe Person who took loan from Bank has the responsibility to pay the due amount to the bank within the time limit given by the Bank. If a person failed to do so, he is charged with late fees and also it affects his future loan taking perspectives.
Hence, People who take loan from a Bank have the responsibility to pay the full amount of each monthly payment. Therefore, option B is correct.
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Jackson Corp. (a U.S.-based company) sold parts to a Korean customer on December 16, 2021, with payment of 20 million Korean won to be received on January 15, 2022. The following exchange rates applied:
Date Spot Rate Forward Rate to Jan.15
December 16, 2021 $ 0.00082 $ 0.00089
December 31, 2021 0.00080 0.00083
January 15, 2022 0.00086 0.00086
Assuming a forward contract was entered into, the foreign currency was originally sold in the foreign currency market on December 16, 2021 at a:
Answer:
The correct option is (b)
Explanation:
According to the scenario, the foreign currency that original sold at the market is shown below:
= (Forward rate to Jan 15 - Spot rate) × paymen made
= ($0.00089 - $0.00082 ) × 20 million
= $0.00007 × 20,000,000
= $1,400 premium
hence, the foreign currency that originally sold at the market is $1,400 premium
Therefore the correct option is (b)
Over the past four years, the annual percentage returns on large-company stocks were 15, 7, 4, and 18%. For the same time period, U.S. Treasury bills produced the returns of 6, 3, 2, and 4 percent. Inflation averaged 2.8% over the four-year period. The average real rate of return on large-company stocks was ___% as compared to _____% for Treasury bills.a. 6.47; .92.
b. 6.47; 1.08.
c. 7.98; .92.
d. 7.98; 1.08.
e. 7.98; 1.22.
Answer:
c. 7.98; .92.
Explanation:
My calculations varied slightly (0.02% and 0.01%), but the error might be a rounding error. Option C is the logical answer since the difference is minimum.
real rate returns from stocks:
15% - 2.8% = 12.2%
7% - 2.8% = 4.2%
4% - 2.8% = 1.2%
18% - 2.8% = 15.2%
average real return = 8.2% arithmetic mean
average real return = 8% geometric mean
real rate returns from US T-bills:
6% - 2.8% = 3.2%
3% - 2.8% = 0.2%
2% - 2.8% = -0.8%
4% - 2.8% = 1.2%
average real return = 0.95% arithmetic mean
average real return = 0.93% geometric mean
1. What characteristics of sales promotions account for the high levels of expenditures that have been allocated to them in recent years?2. What role does sales promotion play in the trade channel and in business markets?
3. Why are sales promotions considered "risky" as a tool for integrated marketing communication (IMC)?
Answer:
1. Marketing a product with making an advertisement with a high paid cast requires a high level of expenditure. This type of sales promotion is considered an effective but expensive.
2. Sales promotion plays a vital role in the trade channel and also in business markets as by promoting a product the customer and consumer comes to know about the product and its features by which it can differentiate it with other similar products and if the promotion is effective the consumer demand will increase and thus both the consumers and customers will buy the product.
3. Integrated Marketing Communication (IMC) is considered a risky tool for sales promotion because in this method an organisation coordinates with many channels to spread their message which is risky because according to a survey almost 70% of the messages lost their initial meaning while reaching the third channel.
Explanation:
1. Marketing a product with making an advertisement with a high paid cast requires a high level of expenditure. This type of sales promotion is considered an effective but expensive.
2. Sales promotion plays a vital role in the trade channel and also in business markets as by promoting a product the customer and consumer comes to know about the product and its features by which it can differentiate it with other similar products and if the promotion is effective the consumer demand will increase and thus both the consumers and customers will buy the product.
3. Integrated Marketing Communication (IMC) is considered a risky tool for sales promotion because in this method an organisation coordinates with many channels to spread their message which is risky because according to a survey almost 70% of the messages lost their initial meaning while reaching the third channel.
If you are under 59 % and you withdraw money from your traditional IRA, which of the following is the exception to the additional penalty tax?
Choose one answer.
a. You are disabled
b. You have unreimbursed medical expenses that are more than 7.5% of your AGI
c. You are the beneficiary of a deceased IRA owner
d. All of these
e. None of these
Answer:
A-You are disabled
Explanation:
If you're disabled, you can withdraw IRA funds without penalty. If you pass away, there are no withdrawal penalties for your beneficiaries. You can avoid an early withdrawal penalty if you use the funds to pay unreimbursed medical expenses that are more than 7.5% of your adjusted gross income (AGI).
Riverside Clippers Corp manufactures garden tools in a factory in Taneytown, Maryland. Recently, the company designed a collection of tools for professional use rather than consumer use. Management needs to make a good decision about whether to produce this line in their existing space in Maryland, where space is available or to accept an offer from a manufacturer in Taiwan.Data concerning the decision are:Expected annual sales of tools (in units) 800,000Average selling price of tools $12Price quoted by Taiwanese company, in New Taiwanese Dollars (NTD) 175Current exchange rate 35 NTD = 1$Variable manufacturing costs $4.75 per unitIncremental annual fixed manufacturing costs associated with the new product line $400,000Variable selling and distribution costs $1 per unitAnnual fixed selling and distribution costs $220,000Selling and distribution costs are the same regardless of whether the tools are manufactured in Maryland or imported1) Should Riverside Clippers Corp manufacture the 800,000 garden tools in the Maryland facility or purchase them from the supplier in Taiwan? Explain.2) Riverside Clippers Corp believes that the US dollar may weaken in the coming months against the New Taiwanese Dollar and does not want to face any currency risk. Assume that Riverside Clippers Corp can enter into a forward contract today to purchase 175 NTD at $5.35.Should Riverside Clippers Corp manufacture the 800,000 garden tools in the Maryland facility or purchase them from the Taiwan supplier? Explain.4) What are some of the qualitative factors that Riverside Clippers Corp should consider when deciding whether to outsource the garden tools manufacturing to Taiwan?
Answer:
Riverside Clippers Corp
Make or Buy Decision:
1) Riverside Clippers Corp should purchase them from the supplier in Taiwan. It should not manufacture the 800,000 garden tools in the Maryland facility. It costs $0.25 per unit more to manufacture the tools in-house, or a total of $200,000 ($0.25 * 800,000). However, this savings in costs should be compared to the freight and other logistics costs that will be incurred to get the tools into the US location.
2. Assuming that Riverside Clippers Corp can enter into a forward contract today to purchase NTD 175 at $5.35, it should manufacture the 800,000 garden tools in the Maryland facility instead of purchasing them from the Taiwan supplier. It is cheaper to manufacture in-house than to outsource at any price above $5.25.
3. Apart from costs, which is a quantitative factor, some qualitative factors that Riverside Clippers Corp should consider when deciding whether to outsource the garden tools manufacturing to Taiwan are:
a) Exchange Rate Risks, caused by the weakening of one currency against the other.
b) Are the Taiwan company the right outsourcing company? Will they protect Riverside's intellectual property?
c) Will the outsourcing bring in some advantages to the company by enabling it, for example, to focus its in-house talents on strategy and innovation?
d) Does the outsourcing company in Taiwan have stability with regard to employees turnover?
e) Experience of the outsourcing company is also relevant.
f) When the initial decision above was made to outsource, the freight-in was not taken into consideration. Location costs may outstrip the cost-savings.
g) Scalability enables Riverside to get things done quickly. Will outsourcing enable scalability to be achieved?
Explanation:
a) Data and Calculations:
Expected annual sales of tools = 800,000 units
Average selling price of tools = $12
Price by Taiwanese company = NTD 175 (New Taiwanese Dollars)
Current exchange rate = NTD 35 = $1
Price by Taiwanese company in US dollars = $5 (175/35)
In-house manufacturing costs:
Variable manufacturing costs = $4.75 per unit
Incremental annual fixed manufacturing costs = $400,000
Variable selling and distribution costs = $1 per unit
Annual fixed selling and distribution costs = $220,000
Selling and distribution costs same whether manufactured or imported
Relevant costs:
a) In-house manufacturing:
Variable manufacturing costs = $4.75
Incremental annual fixed costs = 0.50 ($400,000/800,000)
Total relevant in-house costs = $5.25
b) Outsourced:
Price by Taiwanese company = $5.00
Ryder Supplies has its stock currently selling at $63.25. The company is expected to grow at a constant rate of 7 percent. If the appropriate discount rate is 17 percent, what is the expected dividend, a year from now?a) 4.43 b) 3.25 c) 10.75 d) 6.33
Answer:
d) 6.33
Explanation:
The computation of the expected dividend a year from now is shown below:
As we know that
Price of the stock = Expected dividend ÷ (Required rate of return - growth rate)
Expected dividend = Price of the stock × (Required rate of return - growth rate)
= $63.25 × (0.17 – 0.07)
= $6.325
hence, the correct option is d. $6.33
We simply applied the above formula so that the correct value could come
And, the same is to be considered
How would you define a method that calcuates and reutrns the final price, after tax and tip, for a passed in price, assuming tip is always 15% and tax is always 8%?
Complete Question
How would you define a method that calculates and returns the final price after tax and tip. for a passed in price, assuming tip is always 15% and tax is always 8%? Options:
O public double getFinalPrice double basePrice) (....)
O public void setFinal Price int tax int tip) (....)
O public int get celint basePrice (....)
O public void getFinal Pricelint basePrice (....)
Answer:
A method that calculates and returns the final price after tax and tip, for a passed in price, assuming tip is always 15% and tax is always 8% can be defined as:
O public void setFinal Price int tax int tip) (....)
Explanation:
The above chosen option will calculate and return the final price after adding 15% for tips and 8% for tax. The final price, which a customer is expected to settle, includes the cost of the services, the tip the customer pays on the cost, and the tax on the cost of the services. This method will ensure that the customer pays the correct sales revenue to the organization. It is mostly used by hotels and other entertainment organizations in calculating the final price of the services rendered to clients.
Match the factor with how it contributes to a product's launch.
1. budget
enhances consumers'
understanding
2. marketing
gauges potential channels
3. market research
executes strategy for sales
When GaGa began adding novelty bars in new flavors, what was the effect on the width and depth of its product mix?
Answer:
It increased the depth of their product mix.
The depth of the product mix is basically how many different types of variations of the same product are offered, e.g. Coke, Diet Coke, Coke Zero, etc. Increasing product depth involves new flavors, different package sizes or other specific characteristics regarding the product.
Product width refers to the different types of products offered by the company, e.g. Toyota offers sedans, trucks, SUVs, minivans. In this case, product width is not affected.
Why are single stock so dangerous as investments? Can you provide current market examples that have the potential to destroy portfolios based on single stocks? (name the stock)
Why should you be debt free before you begin long-term investing?
If you could create the perfect mutual fund, what companies would you put in it?
Answer:
There are two rules to investing. Rule number one, don’t lose money. Rule number two, see rule number one.” Individual stocks are far riskier than a well-diversified basket of stocks. According to Cambridge Associates, during the 10 year period ended June 30, 2013, 55 stocks in the S&P 500 lost at least half of their market value.
Explanation:
The following information is available on a depreciable asset owned by Mutual Savings Bank:___________.
Purchase date July 1, Year 1
Purchase price $78,100
Salvage value $10,900
Useful life 8 years
Depreciation method straight-line
The asset's book value is $61,300 on July 1, Year 3. On that date, management determines that the asset's salvage value should be $5,900 rather than the original estimate of $10,900. Based on this information, the amount of depreciation expense the company should recognize during the last six months of Year 3 would be:_________.
a. $4,616.67
b. $2,554.17
c. $2,308.33
d. $1,854.17
e. $2,241.37
A total asset turnover ratio of 3.0 indicates that:
For every $1 in sales, the firm acquired $3.0 in assets during the period.
For every $1 in assets, the firm produced $3.0 in net sales during the period.
For every $1 in assets, the firm earned gross profit of $3.0 during the period.
For every $1 in assets, the firm earned $3.0 in net income.
For every $1 in assets, the firm paid $3.0 in expenses during the period.
Answer and Explanation:
The computation of the depreciation expense under the straight-line method is shown below:
= (Purchase cost - residual value) ÷ (Remaining life left)
= ($61,300 - $5,900) ÷ ( 8 - 2)
= $55,400 ÷ 6 years
= $9,233.33
Now for the six months it would be
= $9,233.33 × 6 months ÷ 12 months
= $4,616.67
The asset turnover is the turnover that comes by dividing the revenue from the average of the total assets
Here as per the given option the second option is correct as it correctly represents the asset turnover
Draco Company charges a selling price of $25 per unit for its single product, incurs variable costs of $17 per unit, and total fixed costs of $140,000. What sales volume is necessary to earn a net income after tax of $36,000, assuming a tax rate of 25%?
a. 17,500
b. 21,500
c. 23,500
d. 32,000
e. None of the above
Answer:
c. 23,500
Explanation:
The formula for determining target sales volume is shown below:
target sales volume=fixed costs+ target net income before tax/contribution margin per unit
fixed costs=$140,000
target net income before tax=$36,000/(1-25%)=$48000
contribution margin per unit=selling price-variable cost=$25-$17=$8
target sales volume=($140,000+$48000 )/$8
target sales volume=$188,000/$8
target sales volume=23500
A rental car company bought a new fleet of midsize cars and sold off its old midsize cars because they had too many miles on them. Which type of project would this be considered?
Answer:
The options are:
A replacement projectAn expansion projectThe correct answer would be:
A replacement project
Explanation:
In this specific case, the company is purchasing new assets in order to replace existing assets whose useful life is over. It is similar to buying a new computer system because the old one is obsolete and doesn't work anymore.
An expansion project would be to buy new cars in order to open new branches.
The Intramural Sports Club reports sales revenue of $892,000. Inventory at both the beginning and end of the year totals $160,000. The inventory turnover ratio for the year is 4.6.
What amount of gross profit does the company report in its income statement?
Answer:
$524,000
Explanation:
Gross profit = revenue - costs of goods sold
For the Intramural Sports Club, revenue = $892,000.
Finding the cost of goods sold COGS
Inventory turnover = COGS/ average inventory
inventory turnover=4.6
Average inventory = beginning plus closing inventory /2
in this case, average inventory =$160,000/2
=$80,000
Therefor, 4.6 = COGS/ $80,000
COGS = $80,000 x 4.6
COGS =$368,000
Gross profits= $892,000- $368,000
Gross profit =$524,000
The profit a company makes after deducting all costs associated with creating and selling its products or services is known as gross profit.
Gross Profit=Sales Revenue-Cost of Goods Sold
Cost of Goods sold can be expressed as follows:
COGS = Beginning Inventory + Purchases – Ending Inventory
They didn’t tell you what your purchases were, however they stated the inventory turned over 4.6 times.
However, Beginning and Ending inventory are the same, so $ 160,000 times 4.6 would be how much inventory was purchased during the year.
=160,000 x 4.6 = 736,000
=892,000 – 736,000 = 156,000
Hence, Gross Profit=$156,000
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If Rajiv's Fire Engines were a competitive firm instead and $125,000 were the market price for an engine, decreasing its price from $125,000 to $75,000 would result in the same change in the production quantity and, thus, total revenue. a) True b) False
Answer:
b) False
Explanation:
The price reduction will stimulate demand for Rajiv's Fire Engines, in the short run, before competitors catch up or even overtake the firm with price reduction strategies of their own. This will in turn drive sales and the production quantity to increase marginally in the short-run. However, in the long-run, because the market is competitive, Rajiv Company will not totally benefit from the price reduction as the price war intensifies among the competitors.
Beckham Corporation has semiannual bonds outstanding with 13 years to maturity and the bonds are currently priced at $746.16. If the bonds have a coupon rate of 8.5%, then what is the after-tax cost of debt for Beckham if its marginal tax rate is 35%?a. 6.250%.b. 12.890%.c. 12.500%.d. 8.125%.
Answer:
d. 8.125%.
Explanation:
The computation of the after tax cost of debt is shown below:
Given that
NPER = 13 × 2 = 26
PMT = $1,000 × 8.5% ÷ 2 = $42.50
Assume future value would be $1,000
Present value is $746.16
The formula is given below:
= RATE(NPER;PMT;-PV;FV;TYPE)
After applying the above formula, the rate is
= 6.25% × 2
= 12.50%
Now the after tax cost of debt is
= 12.50% × (1 - 0.35)
= 8.125%
Hence, the correct option is d. 8.125%
A company carefully defines its target market. Now the company will be able to focus on people with a preexisting need or interest in what it offers. Therefore resulting in higher sales and less wasted time and effort on potential customers that are not interested in what the company has to offer. This is an example of:_____.a. why a company would seek to define its target market a a component in creating the company's marketing strategy.
b. why the marketing strategy defines the target market for a company.
c. why it is important for companies to develop their value proposition.
d. why carefully choosing customers is important when engaging in product development.
Answer: a. Why a company would seek to define its target market as a component in creating the company's marketing strategy
Explanation:
A target market for a particular business simply means the group of customers that the business channels its marketing efforts towards. For example, a business that produces mens clothes will channel its efforts towards men rather than women, therefore its target market will be men.
Based on the scenario in the question, this is an example of why a company would seek to define its target market a a component in creating the company's marketing strategy. Identifying the target market will help in minimizing waste fo resources and bring about increase in productivity.
Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 26 percent for the next three years, with the growth rate falling off to a constant 6 percent thereafter. If the required return is 12 percent, and the company just paid a dividend of $1.90, what is the current share price?
Answer:
$ 55.04
Explanation:
Year 1 dividend=$1.90*(1+26%)=$2.394
Year 2 dividend=$2.394 *(1+26%)=$3.01644
Year 3 dividend=$3.01644 *(1+26%)=$3.8007144
Terminal value of dividend=Year 3 dividend*(1+terminal growth rate)/(required return-terminal growth rate)
Terminal value of dividend=$3.8007144 *(1+6%)/(12%-6%)=$67.1459544
The current share price is the present value of expected dividends and terminal value as below:
share price=$2.394 /(1+12%)^1+$3.01644 /(1+12%)^2+$3.8007144 /(1+12%)^3+$67.1459544/(1+12%)^3
share price=$55.04
Select the correct answer.
Informatics includes all support staff at a hospital.
A. True
B. False
Your uncle in announces at a family gathering that he is thinking of becoming a day trader. What might you ask him to help him assess the wisdom of that choice?
Answer:
I’d ask him what are the stocks he is interested in selling/investing in. And where he would get all these stocks due to the fact that day traders sell everyday. Causing me to question if he’s buying stocks in surplus then selling them for a higher price or perhaps he has stocks of his own he can make a surplus of.
Explanation: Day traders execute many trades throughout the day to capitalize on intraday market price action. Their goal is to profit off of short term price movements.
2. Mason performs services for Isabella. In determining whether Mason is an employee or an independent contractor, comment on the relevance of each of the factors listed below.
a. Mason performs services only for Isabella and does not work for anyone else.
b. Mason sets his own work schedule.
c. Mason reports his job-related expenses on a Schedule C.
d. Mason obtained his job skills from Isabella’s training program.
e. Mason performs the services at Isabella’s business location.
f. Mason is paid based on time worked rather than on task performed.
Answer:
Answer letter B
Masin sets his own work schedule
Sheridan Corp. paid a dividend of $2.30 yesterday. The company's dividend is expected to grow at a steady rate of 5 percent for the foreseeable future. If investors in stocks of companies like Sheridan require a rate of return of 15 percent, what should be the market price of Sheridan stock? (Round dividend to 3 decimal places, e.g. 3.756 and round final answer to 2 decimal places, e.g. 15.25.) Market price $ _________
Answer:
$24.15
Explanation:
The formula for determining is the present value of a cash flow in perpetuity provided below:
share price=last dividend*(1+terminal dividend growth rate)/(required rate of return-terminal dividend growth rate)
last dividend=$2.30
terminal dividend growth rate=5%
required rate of return=15%
share price=$2.30*(1+5%)/(15%-5%)
share price=$2.415 /10%
share price=$24.15
What is one negative element about automated call answering service
systems?
A. They require a lot of time to operate them.
B. They are not cost efficient for companies.
C. They are impersonal, which can result in dissatisfied customers.
D. The caller can never accomplish his purpose when having to work
with one.
SUBMIT
Answer:
C. They are impersonal, which can result in dissatisfied customers.
Automated call service systems can help you, but if you have a more in depth question, it can't. The automated voice is impersonal, they don't show any emotional qualities, so they can't say, "sorry that happened to you," or, "sorry for the wait," (etc).
One negative element about automated call answering service systems is that they are impersonal, which can result in dissatisfied customers.
Thus, the correct option is C.
What are automated calls?A pre-recorded voice message is effectively delivered to the customer through an automated phone call. You can record a message, schedule a call, and send it whenever you like to as many recipients as you like.
An electrical device or piece of software that automatically calls phone numbers is known as an automatic dialer (also spelled auto dialer, auto-dialer, and auto dialer). The auto dialer either plays a recorded message or connects the call to a live person after the phone has been answered.
Automated voice calls are phone calls that merely repeat an already prerecorded message to any number of clients at once. Their fondness for them is primarily due to the built-in cloud capabilities.
Computer systems, network devices, or other machinery can operate automatically with the help of a collection of software and hardware components known as automated system operations (ASO).
ASOs make it possible for computer systems to function without a human operator present at the location where the system is deployed.
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A mindset refers to regard for global culture and identification with individuals everywhere. These people are less influenced by "buy local" promotions, resulting in demand being more elastic. Select one: a. global ( b. domestic ( c. regional (d. state
Answer:
A
Explanation:
The change in demand as a result of a price change is large inelastic demand, explained further.
What does demand elastic mean?The change in demand as a result of a price change is large in an elastic demand. A demand that is inelastic is one in which the change in demand as a result of a price change is modest.
A mentality is defined as a respect for global culture and affiliation with people all over the world. Because they are less affected by "buy local" promotions, demand is more elastic and global.
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A furniture factory produced 1600 standard chairs in eight days. If the factory employed five workers, what was the labor productivity, in chairs per worker per day? A. 40 B. 100 C. 5O D.20 E. 80
Answer:
A. 40
Explanation:
Calculation for what was the labor productivity, in chairs per worker per day
Using this formula
Labor productivity per day =Company Per day output/ Number of labor
Let plug in the formula
Labor productivity per day= 1600/8 days×5 workers
Labor productivity per day=1,600/40
Labor productivity per day= 40
Therefore the Labor productivity per day will be 40
The greatest number of advance pricing agreements have been negotiated with the U.S. Internal Revenue Service (IRS) for which type of intercompany transaction? a) Sales of tangible property b) Licenses of intangible property c) Intercompany loans d) Intercompany services
Answer:
a) Sales of tangible property
Explanation:
An advance pricing agreements can be defined as an agreement made between the tax revenue agency and the tax payers made ahead of time on the appropriate transfer pricing model.
The greatest number of advance pricing agreements have been negotiated with the U.S. Internal Revenue Service (IRS) for sales of tangible property.
