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olga2289 [7]
2 years ago
14

In a small manufacturing facility, one welder is needed for every 200 hours of machine-hours or fewer in a month. The welder is

paid a monthly salary of $2,500. If the total monthly requirement is 1,300 machine-hours, the total salaried employee expense is ________.
Business
1 answer:
Lerok [7]2 years ago
6 0

Answer:

$16250

Explanation:

For every 200 hours of needed work, $2500 must be paid. We divide the amount of hours needed for 200 to obtain the amount of times that $2500 are paid. Multiplying this number by $2500 we obtain the total expense gor salaried employees.

frac{{1300}{200}}x2500

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Purple Corporation acquired 75 percent of Socks Corporation’s common stock on January 1, 20X8, for $435,000. At that date, Socks
Ivahew [28]

Answer:

20X8 = 162,000

20X9 = $197,000

Explanation:

The calculation of the consolidated comprehensive income for the year 2008 and 2009 is shown below:

                         Consolidated comprehensive income

Particulars                                              20X8        20X9

Purple Corporation

Operating Income                             $120,000         $140,000  

Add: Net Income

from Socks Corporation             $40,000          $60,000  

Less: Amortization of differential

($80,000 ÷  10 Years)                    ($8,000)         (8,000)  

Consolidated net income            $152,000         $192,000  

Add: Comprehensive income

reported by Socks Corporation    $10,000          $5,000  

Consolidated

comprehensive income            $162,000          $197,000

3 0
1 year ago
Common stock is a vehicle for selling ownership and another way to raise money for​ operations, expansion, or other business nee
ale4655 [162]

The statement, "Common stock is a vehicle for selling ownership and another way to raise money for​ operations, expansion, or other business needs" is true.

<u>Explanation:</u>

Common stock is a distribution tool and a way to raise capital for investment, business growth or other company needs.

Common stock is a kind of  company holding, a type of safety. In many other regions of the world, the terms polling share and prevalent share are frequently were using.

The "common stock" is used mainly in the USA. These are classified as shareholdings or common shares in the United Kingdom and other Commonwealth.

It means that one common stock share constitutes percentage equity of a corporation. In certain words, this is a way to split the assets of a corporation.

For example, if 100 shares were taken out, one share would amount to one percent of the company's intellectual property.

6 0
1 year ago
A currently owned shredder used in a refuse-powered electrical generating plant has a present net realizable value of $200,000 a
Shtirlitz [24]

Answer:

Please attachment .

Explanation:

Please see attachment

7 0
2 years ago
Rodriguez Company completed its income statement and comparative balance sheet for the current year and provided the following i
Oxana [17]

Answer and Explanation:

The preparation of the operating activities section is shown below:

                                         Rodriguez Company

                             Statement of Cash Flows (partial)

Cash flows from operating activities:  

Net loss $ (6,400)  

Adjustments  

Add: Depreciation expenses $4,500

Add: Amortization of copyright $200

Add: Decrease in accounts receivable $5,000  

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3 0
2 years ago
Your friend Bob just retired after running a donut shop for 40 years. He has saved $3.5 million in his retirement accounts. Now
Readme [11.4K]

Answer:

$18,711.57

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R=Amount that he will be getting per month for next 30 years=?

i=interest rate per month=5/12=0.4167%

n=number of payment involved=30*12=360 and since the first payment is made at the start of month, therefore the n=359

Present value of annuity=$3,500,000

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$3,500,000=R+186.05R

$3,500,000=187.05R

R=$18,711.57=payment per month

8 0
2 years ago
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