macarthy landscape supply's selected accounts follow Selling Expenses $12,900 Interest Revenue 900 Net Sales Revenue 134,700 Cost of Goods Sold 114,000 Administrative Expense 10,200 compute gross profit percentage

Answers

Answer 1

Answer:

15.37%

Explanation:

Computation of the gross profit percentage

First step is to calculate the Gross profit using this formula

Gross profit = Net sales revenue - Cost of goods sold

Let plug in the formula

Gross profit= $134,700 - $114,000

Gross profit= $20,700

Now let determine the Gross profit percentage using this formula

Gross profit percentage = Gross profit / net sales revenue

Let plug in the formula

Gross profit percentage= $20700/ $134700

Gross profit percentage= 15.37%

Therefore Gross profit percentage is 15.37%


Related Questions

How would you explain to a skeptical bank manager why the socially optimal number of bank robberies is not zero

Answers

Answer:

The socially optimal number of bank robberies is not equal zero because due to the presence or the possibility of robberies in Banks, some industries will be sustained and such industries are ; Security agencies and their personnel , Insurance companies, Vault designing and manufacturing firms.

Explanation:

A socially optimal quantity of a good or service is the quantity of a good or service that is beneficial to the society ( i.e. to other industries related directly or indirectly to the good or service )

The socially optimal number of bank robberies is not equal zero because due to the presence or the possibility of robberies in Banks, some industries will be sustained and such industries are ; Security agencies and their personnel , Insurance companies, Vault designing and manufacturing firms.

Hence if the socially optimal number of bank robberies equals zero the aforementioned industries will be out of business

SWH Corporation issued bonds on January 1, 2004. The bonds had a coupon rate of 5.5%, with interest paid semiannually. The face value of the bonds is $1,000 and the bonds mature on January 1, 2019. What is the yield to maturity for an SWH Corporation bond on January 1, 2010 if the market price of the bond on that date is $950

Answers

Answer:

6.23%

Explanation:

From Jan 2019 to Jan 2010 = 9 years

N = 9 years*2 = 18

PV = $950

Coupon payment = $27.5 (1000*5.5%/2)

FV = $1000

We need to solve for YTM using the MsExcel function

Yield to maturity = YTM(n, pv, pmt, fv) * 2

Yield to maturity = YTM(18, 950, 27.5, 1000) * 2

Yield to maturity = 0.03117 * 2

Yield to maturity = 0.06234

Yield to maturity = 6.23%

The following is a condensed version of the comparative balance sheets for Bonita Corporation for the last two years at December 31.
2020 2019
Cash $ 300,900 $ 132,600
Accounts receivable 306,000 314,500
Investments 88,400 125,800
Equipment 506,600 408,000
Accumulated Depreciation-Equipment (180,200 ) (151,300 )
Current liabilities 227,800 256,700
Common stock 272,000 272,000
Retained earnings 521,900 300,900
Additional information:
Investments were sold at a loss of $17,000; no equipment was sold; cash dividends paid were $51,000; and net income was $272,000.
Prepare a statement of cash flows for 2020 for Shamrock Corporation. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Answers

Answer:

Bonita Corporation

Statement of Cash Flows for the year ended December 31, 2020:

Operating Activities:

Net income                               $272,000

add loss from sale of investment 17,000

add Depreciation expense          28,900

Changes in working capital:

Accounts receivable                   $8,500

Current liabilities                       -28,900

Net cash from operations     $297,500

Investing Activities:

Sale of investments               $20,400

Purchase of equipment          -98,600

Net cash from investing       -$78,200

Financing Activities:

Payment of dividends          -$51,000

Net cash flows                    $168,300

Explanation:

a) Data and Calculations:

Comparative Balance Sheets

                                                     2020       2019       Changes

Cash                                     $ 300,900 $ 132,600  +$168,300

Accounts receivable               306,000    314,500      -$8,500

Investments                               88,400    125,800    -$37,400

Equipment                              506,600    408,000  +$98,600

Accumulated Depreciation

 -Equipment                           (180,200 )   (151,300 )  +(28,900)

Current liabilities                    227,800    256,700    -$28,900

Common stock                      272,000    272,000        0

Retained earnings                 521,900    300,900  

Additional Information

Loss from sale of investment = $17,000

Net income = $272,000

Dividends = $51,000

Cash Beginning Balance   $132,600

Net cash flows                   $168,300

Cash, Ending balance     $ 300,900

Cash Payback Period Primera Banco is evaluating two capital investment proposals for a drive-up ATM kiosk, each requiring an investment of $402,000 and each with an eight-year life and expected total net cash flows of $536,000. Location 1 is expected to provide equal annual net cash flows of $67,000, and Location 2 is expected to have the following unequal annual net cash flows: Year 1 $145,000 Year 2 105,000 Year 3 68,000 Year 4 52,000 Year 5 32,000 Year 6 64,000 Year 7 44,000 Year 8 26,000 Determine the cash payback period for both location proposals. Location 1 years Location 2 years

Answers

Answer and Explanation:

The computation of the payback period for both the locations is shown below;

For location 1

= $402,000 ÷ $67,000

= 6 years

And, for location 2

Year       Cash flows    Cumulative cash flows

1         $145,000              $145,000

2        $105,000              $250,000

3          $68,000             $318,000

4          $52,000              $370,000

5          $32,000             $402,000

So, the payback period for location 2 is 5 years

Vaughn Corporation had 303,000 shares of common stock outstanding on January 1, 2017. On May 1, Vaughn issued 31,200 shares.

Required:
a. Compute the weighted-average number of shares outstanding if the 31,200 shares were issued for cash.
b. Compute the weighted-average number of shares outstanding if the 29,700 shares were issued in a stock dividend.

Answers

Answer and Explanation:

The computation of the  weighted-average number of shares outstanding  in each cases is as follows:

a. At the time when the shares are issued at cash

= (303,000 × 12 ÷ 12) + (31,200 × 8 ÷ 12)

= 303,000 + 20,800

= 323,800 shares

b. At the time when the shares are issued in the stock dividend

= (303,000 × 12 ÷ 12) + (29,700 × 12 ÷ 12)

= 303,000 + 29,700

= 332,700 shares

Seldomridge, Inc., manufactures and sells two products: Product I5 and Product U0. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected Production Direct Labor-Hours Per Unit Total Direct Labor-Hours Product I5 700 7.0 4,900 Product U0 200 10.0 2,000 Total direct labor-hours 6,900 The direct labor rate is $24.40 per DLH. The direct materials cost per unit for each product is given below: Direct Materials Cost per Unit Product I5 $116.10 Product U0 $212.10 The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Estimated Expected Activity Activity Cost Pools Activity Measures Overhead Cost Product I5 Product U0 Total Labor-related DLHs $ 246,468 4,900 2,000 6,900 Product testing tests 10,494 500 400 900 Order size MHs 837,660 4,700 4,500 9,200 $ 1,094,622 The unit product cost of Product U0 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.)

Answers

Answer:

Seldomridge, Inc.

The unit product cost of Product UO under activity-based costing is closest to:

= $2,930.77

Explanation:

a) Data and Calculations:

Direct labor rate = $24.40

                                                Product I5    Product U0   Total

Expected Production                      700              200       900

Direct Labor-Hours Per Unit           7.0              10.0

Total Direct Labor-Hours           4,900           2,000         6,900

Total direct labor costs         $119,560       $48,800   $168,360

Direct Materials Cost per Unit $116.10        $212.10

Total direct materials cost     $81,200       $42,420  $123,620

                               

                                Activity      Estimated          Activity Measures

Activity Cost Pools  Measure   Overhead   Product I5 Product U0   Total

Labor-related          DLHs       $ 246,468          4,900        2,000     6,900

Product testing       tests               10,494            500           400         900

Order size               MHs            837,660          4,700       4,500      9,200

Total                                      $ 1,094,622

                            Overhead Rates

Labor-related      $35.72 ($246,468/6,900)

Product testing    $11.66 ($10,494/900)

Order size           $91.05 ($837,660/9,200)

Overhead applied to Product UO:

Labor-related =     $71,440 ($35.72 * 2,000)

Product testing        4,664 ($11.66 * 400)

Order size            418,830 ($91.05 * 4,600)

Total overhead $494,934

Product UO

Direct labor costs         $48,800

Direct materials costs    42,420

Overhead costs           494,934

Total product costs    $586,154

Expected production units 200

Unit product cost =   $2,930.77

Victoria received $500 from customers in partial payment for accounting services performed
previously. The recording of this transaction would
A) increase Cash and increase Accounts Receivable $500.
B) decrease Accounts Receivable and increase Victoria's Capital $500.
C) increase Cash and decrease Accounts Receivable $500.
D) increase Cash and Victoria's Capital $500

Answers

Answer:

C) increase Cash and decrease Accounts Receivable $500

Victoria received $500 from customers in partial payment for accounting services performed previously, then he increases Cash and decrease Accounts Receivable $500.

What is Accounts Receivable?

Accounts receivable, is often known as AR or A/R, are legally enforceable claims for payment held by a company for products or services provided but not paid for by consumers.

The amount of account receivables increases as the payment is due from some debtors, and it decreases as the payment is received from the debtors.

In the given case, Victoria received $500 from customers in partial payment for accounting services performed previously, then the amount of cash in hand increases and the account receivables decreases as the amount is received from the past debtors.

Therefore, option C is correct.

Learn more about the accounts receivable refer to:

https://brainly.com/question/24261944

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Jolene Kendrick borrowed $24,000 for new computers for her software production company. Her bank granted her a single-payment loan of $24,000 for 144 days. Determine the maturity value to the nearest cent of the loan if the rate is 9% exact interest. Do not use comma in your answer.

Answers

Answer:

248521.6

Explanation:

Given:

Amount borrowed, P = 240,000

Interest rate, R = 9% = 0.09

period, n = 144 days

The maturity value :

Since it is an exact interest, number of days, T in a years is 365

Using the formula :

A =

P(1 + RT)

A = 240000(1 + 0.09*(144/365))

A = 240000(1 + 0.0355068)

A = 240000(1.0355068)

A = 248521.64

A = 248521.6

who has given general principle of management?​

Answers

Answer:

I think it's " Henri Fayol's "

Answer:

14 management principle of Henri Fayol

Explanation:

1.  Division of work or division labor.

2. Balancing Authority and responsibility.

3. Discipline.

4. Unity of command.

5. Unity of Direction.

6. Subordination of individual interest to the general interest.

7. Remuneration.

8. Centralization.

9. Scalar chain.

10. Order.

11. Equity.

12. Stability of tenure of personal.

13. Initiative.

14. Esprit de corps.

Use the following scenario for the question below. A group of 100 people seeks out an insurance company to underwrite health insurance for its members. The expected medical spending for the group is $150,000. Assume a net loading cost of 15 percent. If an additional 10 people, who have expected medical spending of $5,000 per person on average, join the group, the new premium will be approximately: a. $2,100. b. $2,300. c. $1,818. d. $3,090. e. $5,822.

Answers

The new premium given the medical spending and the number of people will be approximately $2,100

How to find new premium

Given:

Number of people = 100Additional people = 10Total = 110Medical spending = $150,000

Medical spending per person (additional) = $5000

Medical spending for additional people = $5,000 × 10

= $50,000

Total medical spending = $150,000 + $5,000

= $200,000

Average per person = Total medical spending / number of persons

= $200, 000 / 110

= $1818.18181818181

Net loading cost = 15%

New premium = 1818.18181818181 + (15% of 1818.18181818181)

= 1818.18181818181 + 272.727272727272

= $2090.90909090909

Approximately,

$2,100

Learn more about insurance:

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Ace Industries manufactures high quality auto parts. Recently Ace found that auto repair shop owners were talking customers into buying lower quality goods. Ace invited the shop owners to a meeting in Florida and showed them how to make more money selling high quality auto parts. This is a good example of expert channel power.

Answers

Answer:

True

Explanation:

The capacity of a channel member to influence or affect the judgement and behavior of yet another distribution channel, or one network member's capacity for affect with another distribution channel, is referred to as channel power.

The idea that a business in a political relationship possesses important expertise, knowledge, or abilities in a relevant field to its distribution network partner is referred to as expert authority in marketing channel writing.

Thus, from the above we can conclude that the given statement is true.

Eastwick produces and sells three products. Last month's results are as follows: P1 P2 P3 Revenues $ 100,000 $ 200,000 $ 200,000 Variable costs 40,000 140,000 80,000 Fixed costs total $200,000. What is Eastwick's break-even sales volume

Answers

Answer:

$416,667

Explanation:

Calculation to determine Eastwick's break-even sales volume

First step is to calculate the Contribution margin (CM)

CM = ($100,000 – $40,000) + ($200,000 – $140,000) + ($200,000 – $80,000)

CM=$60,000+$60,000+$120,000

CM = $240,000

Second step is to calculate CM%

CM% = $240,000/$500,000

CM% = 48%

Now let calculate the Break-even sales volume

Break-even sales volume = $200,000/.48

Break-even sales volume = $416,667

Therefore Break-even sales volume is $416,667

Which type of communication technology is attractive to businesses
because it eliminates travel expenses by allowing simultaneous
communication globally?
O Groupware
Extranets
Intranets
Hotspots
Client-server networks

Answers

It is electronic conferencing

Data have been collected from College of Business graduates on their monthly starting salaries. The graduates include students majoring in management, finance, accounting, information systems, and marketing. Create a PivotTable in Excel to display the number of graduates in each major and the average monthly starting salary for students in each major.


Major Monthy Salary
Management 3330
Management 2700
Finance 3155
Accounting 3855
Info Systems 4220
Accounting 3110
Accounting 3880

a. Which major has the greatest number of graduates?
b. Which major has the highest average starting monthly salary?
c. Use the PivotTable to determine the major of the student with the highest overall starting monthly salary. What is the major of the student with the lowest overall starting monthly salary?

Answers

Answer:

Data from College of Business Graduates

a. The major that has the greatest number of graduates is Accounting.

b. The major that has the highest average starting monthly salary is Info Systems

c. The major with the lowest overall starting monthly salary is Management.

Explanation:

a) Data and Calculations:

Major                  Monthly Salary

Management         3330

Management        2700

Finance                  3155  

Info Systems        4220

Accounting          3855

Accounting           3110

Accounting         3880

An investment of $1 each in two different securities led to a value of $11 (Security A) and $16 (Security B), respectively, after 15 years. When comparing the rate of return earned by the two securities, it can be said that


a.)Security B earned a higher average annual rate of return.

b.)Security A earned a higher average annual rate of return.

c.both securities earned the same average annual rate of return.

d.)it is impossible to calculate the securities rates of return based on this information.

Answers

Answer:

A

Explanation:

The formula for calculating future value:

FV = P (1 + r)^n

FV = Future value  

P = Present value  

R = interest rate  

N = number of years

Security A : 11 = 1( 1 + r)^15

11^(1/15) =  1( 1 + r)

1.173 = 1 + r

r = 1.173 - 1

r = 17.33%

Security A : 16 = 1( 1 + r)^15

16^(1/15) =  1( 1 + r)

1.20 = 1 + r

r = 1.2 - 1

r = 0.2

r = 20%

Security B earned a higher average annual rate of return as 20% is greater than 17.33%

Collins Corporation uses a predetermined overhead rate based on direct labor cost to apply manufacturing overhead to jobs. The following information applies to the Collins Corporation for the current year: Direct Labor-Hours: Estimated for the Year 24,000 Actual Hours Worked 19,500 Direct Labor Cost Estimated for the Year 300,000 Actual Cost Incurred 210,000 Manufacturing Overhead Estimated for the Year 240,000 Actual Cost Incurred 185,000 Beginning Balance Ending Balance Raw Materials 14,000 22,000 Work in Process 27,000 9,000 Finished Goods 62,000 77,000 The manufacturing overhead cost for the current year will be: a. $17,000 overallocated. b. $17,000 underallocated. c. $55,000 overallocated. d. $55,000 underallocated.

Answers

Answer:

b. $17,000 underallocated

Explanation:

Given the information above, the computation of manufacturing overhead cost for the current year is seen below;

First, we will compute the predetermined overhead cost

= Estimated manufacturing overhead / Estimated direct labor hour

The typical goal used when developing a process-oriented layout strategy is to: minimize the distance between adjacent departments. minimize the material handling costs. maximize the number of different tasks that can be performed by an individual machine. minimize the level of operator skill necessary. maximize job specialization.

Answers

Answer:

minimize the material handling costs.

Explanation:

A process-oriented layout is a strategic method or technique used by manufacturing companies to organize and develop their work areas (factories) based on the processes and activities being performed at each factory rather than on the product being manufactured.

Hence, the typical goal used when developing a process-oriented layout strategy is to minimize the material handling costs for each factory.

Process costing can be defined as a cost accounting method used for assigning manufacturing or production costs to the units of goods produced by a business firm over a specific period of time. It is mostly used by firms that produce a large quantity of homogeneous or similar products on a continuous basis. Process costing typically uses more than one Work in Process Inventory account because costing at each stage of production or manufacturing process.

Types of Financial Assets Match the description of the security to the type of financial asset. A security that provides a payoff that depends on the values of other assets. Multiple Choice equity security debt security derivative security None of these

Answers

Answer: Derivative security

Explanation:

Derivative security is referred to as the security that provides a payoff which depends on the values of other assets.

A derivative security is referred to as the financial instrument whereby the value depends on the value of another asset. There are different types of derivatives such as options, swaps, futures, and forwards. Example of derivative security is convertible bond.

Using the money demand and money supply model, an open market purchase of Treasury securities by the Federal Reserve would cause the equilibrium interest rate to

Answers

Answer:

C. decrease

Explanation:

In the case when the money demand and the money supply model is used so the open market purchase would result the interest rate of equilibrium to decrease as if there is an open market purchase so it rise the money supply due to which the supply curve of the money move shiftward

Therefore the rate of interest should be decreased

In its income statement for the year ended December 31, 2022, Sheffield Corp. reported the following condensed data.

Operating expenses $725,000
Interest revenue $38,000
Cost of goods sold 1,261,000
Loss on disposal of plant assets 22,000
Interest expense 76,000
Net sales 2,204,000
Income tax expense 50,000
Other comprehensive income (net of $1,200 tax) 8,800

Required:
Prepare a multiple-step income statement.

Answers

Answer:

Sheffield Corp.

Multiple-step income statement for the year ended December 31, 2022

Net sales                                                                            $2,204,000

Less Cost of goods sold                                                   ($1,261,000)

Gross Profit                                                                           $943,000

Less Operating Expenses :

Operating expenses                  $725,000                       ($725,000)

Operating Profit                                                                    $218,000

Less Non Operating Expenses :

Interest revenue                         ($38,000)

Loss on disposal of plant assets $22,000

Interest expense                          $76,000

Income tax expense                    $50,000                        ($110,000)

Net Profit                                                                              $108,000

Other Comprehensive Income

Other comprehensive income (net of $1,200 tax)                $8,800

Total Profit and loss and comprehensive income              $116,800

Explanation:

A multiple-step income statement shows separately profit derived from primary activities and that derived from secondary activities as shown above.

a business receives 5000 for rent and deposits this amount into its bank account. how will this transaction be recorded?​

Answers

Answer:

Dr bank 5,000

Cr rent revenue 5,000

Deposit

Explanation:

It is noteworthy that the rent received is rent revenue not rent expense , going by the fact that the giving account should be credited while the receiving account is debited, the bank account being the receiving account since cash was received from the rent account would be debited while the rent revenue account would be credited as the giving account.

In another way, rent account is a revenue account, an increase in revenue should be credited while the bank account being an asset account an increase in the asset should be debited.

The demand function for a certain commodity is given by , where p is the price per unit and q is the number of units. a. At what price per unit will the quantity b. If the price is $1.87 per unit, demanded equal 8 units

Answers

Answer:

(a) The price per unit is $1.83 when the quantity demanded is 8 units

(b) The quantity demanded is approximately 8 units when the price per unit is $1.87

Explanation:

Given

[tex]p = 100e^{-q/2}[/tex]

[tex]p \to[/tex] price per unit

[tex]q \to[/tex] quantity demanded

Solving (a): Price per unit when quantity is 8

This means that we calculate p(8)

We have:

[tex]p(q) = 100e^{-q/2}[/tex]

So:

[tex]p(8) = 100e^{-8/2}[/tex]

[tex]p(8) = 100e^{-4}[/tex]

[tex]p(8) = 1.83[/tex]

Solving (b): Quantity demanded when price per unit is $1.87

This means that:

[tex]p(q) = 1.87[/tex] ---- find q

We have:

[tex]p(q) = 100e^{-q/2}[/tex]

So:

[tex]1.87 = 100e^{-q/2}[/tex]

Divide both sides by 100

[tex]0.0187 = e^{-q/2}[/tex]

Take natural logarithm of both sides

[tex]\ln(0.0187) = \ln(e^{-q/2})[/tex]

[tex]-3.980 = \ln(e^{-q/2})[/tex]

Rewrite as:

[tex]-3.980 = -q/2}*\ln(e)[/tex]

[tex]-3.980 = -q/2[/tex]

Multiply by -2

[tex]7.96 = q[/tex]

[tex]q = 7.96[/tex]

Approximate

[tex]q = 8[/tex]

Three broad categories of definitions of quality are: product quality, service quality, and organizational quality. user based, manufacturing based, and product based. internal, external, and prevention. low-cost, response, and differentiation. Pareto, Shewhart, and Deming.

Answers

Answer:

user based, manufacturing based, and product based.

Explanation:

Quality is the degree in which the commodity meets the customer requirement at the beginning of its life as per ISO 9000

The impact of the quality could experience from the customer. The perception with regard to the quality of the product comes by the design & specifications and the accomplishment of the manufactured standards. The perception related to the service quality would arrive from the design of the process and the standard of the delivery

So as per the given situation, the above should be the answer

Case Study
Imagine working in an organization where employee morale is low, turnover is high, and the costs of hiring are astronomical. If that were the case, you'd imagine the employer would go to great lengths to find, attract, and retain quality employees. Couple this goal with the reality of the economic picture -you simply cannot afford to provide expensive benefits for employees who may leave you for a different employer offering an extra $1,000 in salary or benefits. Knowing that 41 percent of all employees have no loyalty to their employers and will move on if a better offer comes adds to the dilemma. These issues clearly are a concern for organizations like Genentech or Zappos. But they don't fret over them. That's because they have found that treating employees with respect, and giving them such things as bonuses, rewards for longevity, onsite child care, lunches, and sending employees home with prepared dinners really works. Genentech is a California company that "develops and produces drugs that cure diseases," according to the company website. The company celebrated its thirteenth year on Fortune's "Best Places to work" list in 2011, also receiving "Best Places to Work" honors from Working Mother, LGBT Equality, and Computerworld. The reasons for this recognition are the important work that they do and the strong company culture that values equality and communication. Any discussion of how great it is to work at Genentech always circles back to the benefits that show a real respect for employees. In addition to traditional benefits like retirement and healthcare, they provide family friendly perks such as unlimited sick leave, personal concierge service, flexible work scheduling, childcare, nursing mother's rooms, onsite nurses, adoption assistance, and company sponsored family events. The list of innovative benefits goes on to include unusual benefits like pet insurance, free snacks, and paid six-week sabbaticals every six years! Zappos, the online shoe retailer, offers perks that match their fun-loving culture like pajama parties, nap rooms, regular happy hours, and a full-time life coach. Have these benefits worked for Genentech and Zappos? Ifyou translate longevity to morale and loyalty, you'd say they have. Both boast low turnover rates and high employee ratings for workplace satisfaction.
Q1) Describe the importance of employee benefits as a strategic component of fulfilling the goals of HRM at Genentech and Zappos?
Q2) Explain how Genentech and Zappos use employee benefits as a motivating tool?
Q3) Do you believe the incentive benefits such as those offered at Genentech and Zappos can be used in other organizations? Why or why not?

Answers

Answer:

1) Through employee benefits, the goals of HRM are achieved in effective ways.

2) Genentech also Zappos, try to make it a fun place to go to work at. Genentech and Zappos offer many benefits to employees that would attract and keep employees within the organization.

3) From a knowledgeable view, I actually believe that the motivation benefits as presented by the Genentech and Zappos Corporations can't be employed by other major or maybe small corporations.

Explanation:

1) The importance of employee benefits as a strategic component fulfilling the goals of HRM at Zippos and Genentech is that it can boost low turnover rates and high employee ratings for fulfillment. With placing benefits, employees will have the sensation of being more of an asset to the corporate instead of just being a worker. Thereupon employees would dedicate and put far more effort and time for better for the corporate which might then increase and generate more productivity and profit. When employees desire they need to be benefited from the organization successively they might become loyal to the organization and can stay rather than likely move to a different organization. Employees will tend to be more motivated to figure. Through employee benefits, the goals of HRM are achieved in effective ways.

2) Genentech also Zappos, struggle to form a fun place to travel to figure at. Genentech and Zappos offer many benefits to employees that might attract and keep employees within the organization. The good thing about benefits it can provide meaning and value to employees which will increase the worker's enthusiasm and morale within the work environment. With this, employees will then become more motivated to extend performance and feel secure within the organization which may cause low turnover rates and highly satisfied employees.

3) From a knowledgeable view, I actually believe that the motivation benefits as presented by the Genentech and Zappos Corporations can't be employed by other major or maybe small corporations. The motivation benefits offered at Genentech and Zappos Corporations are unique to their companies. I think that if other Corporations attempt to mirror the efforts of both Genentech and Zappos that their businesses would simply cease to exist. Companies today just don’t have the sustainability to take care of these lofty incentive packages for a three-year, five years, or even ten-year plan. Most companies simply don’t have the financial capital that the efforts of the Genentech and Zappos Corporations.

In the market for reserves, a decline in the reserve requirement ________ the ________ curve of reserves and causes the federal funds interest rate to fall, everything else held constant.

Answers

Answer:

Shortens,

vertical section of the supply

Explanation:

In the market for reserves a decline in the reserve requirement shortens the vertical section of the supply curve of reserves and this will also cause the federal funds interest rate to fall,

Given that every other thing is kept constant

The federal funds interest is an interest rate charged by banks when lending or borrowing excess reserves from each other overnight

Explanation:

Shortens, Vertical Section Of The Supply

Calvert Corporation expects an EBIT of $23,300 every year forever. The company currently has no debt, and its cost of equity is 14.3 percent. The company can borrow at 9.1 percent and the corporate tax rate is 25 percent. a. What is the current value of the company

Answers

Answer:

Missing "b-1. What will the value of the firm be if the company takes on debt equal to 50 percent of its unlevered value?  b-2. What will the value of the firm be if the company takes on debt equal to 100 percent of its unlevered value?"

a. Current value of the company = EBIT*(1-t) / Ke

Current value of the company = $23,300*(1-0.25) / 0.143

Current value of the company = $23,300*0.75 / 0.143

Current value of the company = $17,475 / 0.143

Current value of the company = $122202.7972027972

Current value of the company = $122,202.80

So, the current value of the company is $122,202.80.

bi. Value of the company = $122,202.80 + (0.25*$122,202.80*0.5)

Value of the company = $122,202.80 + $15,275.35

Value of the company = $137,478.15

bii Value of the company = $122,202.80 + (0.25*$122,202.80*1)

Value of the company = $122,202.80 + $30,550.7

Value of the company = $152,753.5

Jolene invests her savings in two bank accounts, one paying 3 percent and the other paying 9 percent simple interest per year. She puts twice as much in the lower-yielding account because it is less risky. Her annual interest is 6015 dollars. How much did she invest at each rate?

Answers

Answer and Explanation:

The computation is shown below:

Let us assume X be the amount invested at 3%

And, Y be the amount invested at 9%

So,  

0.03X + 0.09Y = $6,015 ........(1)

 X = 2Y ...........(2)

Now put the value of X in equation 1  

 0.03(2Y) + 0.09Y  = $6,015

 0.06Y + 0.09Y = $6,015

 0.15Y = $6,015

Y = $40,100

 X = 2 × $40,100 = $80,200

Suppose that 45% of all babies born in a particular hospital are girls. If 7 babies born in the hospital are randomly selected, what is the probability that at most of them are girls?

Answers

Answer:

0.10

Explanation:

Using the binomial probability formula: P(X = x) = (nCx) * p^x * (1 - p)^(n-x)

P(X≤1) = P(X = 0) + P(X = 1)

P(X≤1) = (7C0) * 0.45^0 * (0.55)^7 + (7C1) * 0.45^1 * (0.55)^6

P(X≤1) = 0.1024

P(X≤1) = 0.10

So, the Probability that at most one of them are girls 0.10.

Last month when Holiday Creations, Inc., sold 35,000 units, total sales were $300,000, total variable expenses were $234,000, and fixed expenses were $38,700.
Required:
1. What is the company’s contribution margin (CM) ratio?
2. What is the estimated change in the company’s net operating income if it can increase total sales by $2,500?

Answers

Answer:

See below

Explanation:

1. Contribution margin ratio

= (Sales - Variable cost) / Sales

Sales = $300,000

Variable cost = $234,000

Contribution margin = ($300,000 - $234,000) / $300,000

= 0.22

= 22%

Hence, contribution margin ratio is 22%

2. Change in the net operating income if it can increase total sales by $2,500

Contribution margin of $2,300 = $2,300 × 22%

= $506

Operating income for $300,000 sales is

= Sales - total variable expenses - fixed expenses

= $300,000 - $234,000 - $38,700

= $27,300

If sales is $302,500 the net operating income would be

= $27,300 + $506

= $27,806

• It therefore means that the net operating income will increase by $506

Required information Skip to question [The following information applies to the questions displayed below.] Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (9,600 units at $225 each) $ 2,160,000 Variable costs (9,600 units at $180 each) 1,728,000 Contribution margin 432,000 Fixed costs 324,000 Pretax income $ 108,000 1. Compute Hudson Co.'s break-even point in units. 2. Compute Hudson Co.'s break-even point in sales dollars.

Answers

Answer:

Results are below.

Explanation:

Giving the following information:

Fixed costs= $324,000

Unitary variable cost= $180

Selling price= $225

To calculate the break-even point in units and dollars, we need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 324,000 / (225 - 180)

Break-even point in units= 7,200

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 324,000 / (45/225)

Break-even point (dollars)= $1,620,000

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