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2 years ago

5

You are going into business with 4 equal partners (not counting yourself). If in 6 years, the business is making a profit of $1,

000,000, what is your share?
A. $180,000
B. $190,000
C. $200,000
D. $210,000

1 answer:

GarryVolchara [31]2 years ago

3 0

I think ty best answer would be b.

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Rachel lives and works on her father's dairy farm as a large animal veterinarian. The farm does not

djverab [1.8K]

Answer:

No, because Rachel's family farm does not employ outside workers

Explanation:

No, because Rachel's family farm does not employ outside workers. Under the OSH Act since Rachel's family does not employ outside workers they are not seen as an official business and therefore are not protected under the act. The workers on the farm are not seen as employees but instead family members helping one another and acting as co-owners of the farm. Therefore, the act does would not provide any coverage to Rachel in this scenario.

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2 years ago

If Local Co. had an increase in selling expenses of $300,000, how would that affect each of its margins?

wariber [46]

Answer:

D. Selling expenses do not affect the gross margin, but the increase in such expenses will decrease the other margins.

Explanation:

As Selling expenses are charged after gross Income or profit. So, it will not effect the gross income / profit. Other margin are calculated after adjusting the selling expenses, so that will be effected. Operating Margin and Net profit margin are both effected by change in the selling expenses.

Following is the Format of income statement

Sales

Less: Cost of Sales

Gross income / Profit

Less: Operating expenses

Admin Expenses

Selling Expenses

Other Expense

Operating Income / Profit

Less: Interest expense

Less: Tax

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2 years ago

Suppose there is an increase in both the supply and demand for personal computers. In the market for personal computers, we woul

4vir4ik [10]

Answer:

The correct answer is letter "B": equilibrium quantity to rise and the equilibrium price to fall.

Explanation:

Given the market for a certain product, in case both the demand and supply of that good increase, as the demand increases, <em>the equilibrium quantity is likely to increase</em>. Every time the equilibrium quantity increases, <em>the equilibrium price tends to fall</em>.

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2 years ago

Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $1,900 of dir

maxonik [38]

Answer:

The amount of job costs added to Work in Process Inventory during October is $26,950

Explanation:

Computation of manufacturing overheads is given below:

Manufacturing Overheads=Direct Labor × 200%

=($3,400 + $5,500) × 150%

=$8,900 × 150%

=$13,350

Job Cost = Direct Materials+ Direct Labor+ Overheads Cost

=($1,900+$2,400) + ($3,400+$5,900) + $13,350

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=$26,950

6 0

2 years ago

McClary Tires plans to save $20,000, $25,000, $27,500, and $30,000 at the end of each year for Years 1 to 4, respectively. If it

fomenos

Answer:

Total= $107,130.79

Explanation:

Giving the following information:

McClary Tires plans to save $20,000, $25,000, $27,500, and $30,000 at the end of each year for Years 1 to 4, respectively.

The discount rate is 3.3%.

To calculate the future value, we need to use the following formula for each cash flow:

FV= PV*(1+i)^n

Cf1= 20,000*1.033^3= 22,046.06

Cf2= 25,000*1.033^2= 26,677.23

Cf3= 27,500*1.033= 28,407.5

Cf4= 30,000

Total= $107,130.79

4 0

2 years ago

Read 2 more answers