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Olin [163]
2 years ago
3

Employee: "I need to increase my sales by 35% in order to meet my goal for the month.” Supervisor: "You are right. You currently

have 45 sales, and you need __________ in order to meet your goal
Business
2 answers:
pav-90 [236]2 years ago
7 0

Answer:

16

Explanation:

45 + 35% = 60.75. Therefor 45 + 16 = 61

Mnenie [13.5K]2 years ago
6 0

Answer:

16

Explanation:

In this question, we learn that the employee has made 45 sales. However, we know that the person wants to increase the sales by 35%. Therefore, we need to know what 35% of 45 is:

45*0.35= 15.75

If we round this number up, we obtain 16. The employee has to make another 16 sales in order to reach his goal (45+16 = 61).

You might be interested in
Hopkins Company has taken a position in its tax return to claim a tax credit of $70,000 (direct reduction in taxes payable) and
Oksi-84 [34.3K]

Answer:

The amount of the additional projected liability that should be recognized is $28,000

Explanation:

For computing the amount of the additional projected liability, we have to apply the formula which is shown below:

= Tax benefit in 20% - Tax benefit in 40%

= $70,000 - $42,000

= $28,000

The other information which is given in the question is irrelevant. So, it is not been considered in the computation part. Hence, it is ignored.

We took the higher value between $42,000 and $14,000.

5 0
2 years ago
In December 2016, Shire Computer’s management establishes the 2017 predetermined overhead rate based on direct labor cost. The i
Oksana_A [137]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

The predetermined overhead rate based on direct labor cost. The information used in setting this rate includes estimates that the company will incur $754,000 of overhead costs and $580,000 of direct labor cost.

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 754000/580000= $1.3 per direct labor dolar

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

5 0
2 years ago
Bubba is a shrimp fisherman who catches 4,000 pounds of shrimp per year. He can sell the shrimp for $5 per pound. His average to
Galina-37 [17]

Answer:

Bubba’s annual total revenue is c. $20,000

Explanation:

Revenue is the total amount that comes from sales, regardless of cost.

Bubba catches 4,000 pounds and sell them for $5 per pound, so the total amount (revenue) he receives from selling them is 4,000 * 5 = $20,000

Note: The information about the $3 cost is not necessary to calculate revenue

8 0
2 years ago
uppose the current term structure of interest rates, assuming annual compounding, is as follows: s_1s 1 ​ s_2s 2 ​ s_3s 3 ​ s_4s
Ahat [919]

Answer:

7.53%

Explanation:

Calculation for the discount rate of d(0,4)d(0,4)

The discount factor is : d=1/1+i

And given that the interest rates are compounded annually the discount factor will gives the present value of the bond when provided with the interest rate and maturity value.

Therefore the present value of a bond with a maturity value of 1 will be;

Present value=1 /(1+i1) (1+i) (1+i3) (1+i4)

Present value=1 / (1.07) (1.073) (1.077) (1.081)

Present value=0.748

The present value of a bond with a maturity value of 1 will therefore be 0.748.

Now, let calculate the discounting factor for the whole 4 years:

1 (1+d (0,4))‐⁴ =0.748

(1+d(0,4))=0.748‐¹/⁴

1+d (0,4) =1.0753

d (0,4)=0.0753

Therefore the discount rate will be 7.53%

5 0
2 years ago
g During the past year, a company had cash flow to creditors, an operating cash flow, and net capital spending of $30,591, $69,5
brilliants [131]

Answer:

The company’s cash flow to stockholders during the year is $6,224

Explanation:

In this question, we are asked to calculate a company’s cash flow to stakeholders during a particular year.

To calculate this, we proceed as follows;

Change in Net Working Capital = Ending Working Capital – Beginning Working Capital

Change in Net Working Capital = $14,650 - $12,352 = $2,298

Cash Flow from Assets = Operating Cash Flow – Net Capital Spending - Change in Working Capital

Cash Flow from Assets = $69,573 - $30,460 - $2,298 = $36,815

Cash Flow to stockholders = Cash Flow from Assets – Cash flow to Creditors

= $36,815 - $30,591 = $6,224

5 0
2 years ago
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