In April of the current year, Freeman Steel Company transferred Herb Porter from its factory in Nebraska to its plant in Michigan. The company's SUTA tax rates based on its experience ratings are 3.2% in Nebraska and 3.8% in Michigan. Both states base the tax on the first S9,000 of each employee's earnings. This year, Freeman Steel Company paid Herb Porter wages of $20,900: $2,800 were paid in Nebraska and the remainder in Michigan. Compute the following:
Round your answers to the nearest cent
a. Amount of SUTA tax the company must pay to Nebraska on Porter's wages _______
b. Amount of sUTA tax the company must pay to Michiganion Porter's wages _______
c. Amount of the net FUTA tax on Porters wages ___________.

Answer and Explanation:

The computation is shown below:

a. The bad debt expense is

= change in allowance balance + wrote offs

= $82000 + $32000

= $112,000

b. the account receivable balance that should be reported is

= credit sales - cash collection - wrote offs

= $2,200,000 - $1,950,000 - $32,000

= $218,000

c. The adusting entry should be

Bad debt expense Dr $114,000

       To allowance for doubtful debts $114,000

(Being bad debt expense is recorded)

here the correct option is a.

Answer:

c

Explanation:

here are their assumptions

The option, NOT one of Modigliani and Miller's set of conditions often referred to as perfect capital markets, is A. All investors hold the efficient portfolio of assets.

Modigliani and Miller's theory is based on the assumptions that there are no taxes, transaction, issuance, and bankruptcy costs in security trading. It relies on the symmetry of market information and the same borrowing cost for investors and companies.  These assumptions do not apply in the real world.

Thus, the wrong option is A. All investors hold the efficient portfolio of assets.

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Answer:

An increase in the price of x-ray machines will increase the _Inflation____ price index. An increase in the price of T-shirts will increase the __Inflation___ price index.

Explanation:

Given -

The price of the X ray machine and the T-shirt is rising and people's income is stable. In this scenario, the purchasing ability of a person declines and he/she will not be able to buy these two commodities thereby increasing the inflation price index.

An increase in the price of x-ray machines will increase the _Inflation____ price index. An increase in the price of T-shirts will increase the __Inflation___ price index.

Answer:

what is your main question

Answer:

Business Financial Record

The financial records of a business is a representation of where the money the business earns comes from and where the money is being directed as well as the current status of the money earned, (source, U.S. Securities and Exchange Commission website) Financial records includes; General accounting books, Banking records, debtor's records, creditor's records, expenses records, tax records, grant details, contract records, list of assets, employee payments, cashbook records, and stock records (Source Australian Charities and Not-for profits commission website)

How it relates to entrepreneurship

An entrepreneur, venturing into a business, where capital investments are and resources are put, revenue is collected, stocks are sold, and factors of production such as equipment are purchased, can best maintain the financial health of the business by keeping an accurate and up to date financial record, such that the cash flows are efficiently manage to obtain the right prices and interest rates from suppliers and lenders respectively (Gateway to Commercial Finance website)

Your opinion of how the business will do in the next few months based on its financial records

A business that consistently makes profits and incurs a fixed expenses is expected to grow, while a business that has limited revenue is expected to embark on novel approaches

Explanation:

A company's financial records show where the money it makes originates from, where it is going, and how much money it is making at any one time. (Source: website of the U.S. Securities and Exchange Commission).

Thus,  According to the Australian Charities and Not-for-Profits Commission website, financial records include general accounting books, banking records, debtor's records.

The creditor's records, expenses records, tax records, grant details, contract records, a list of assets, employee payments, cashbook records, and stock records.

When starting a firm where resources and capital are invested, money is gathered, stocks are sold, and production factors like equipment are bought, an entrepreneur can best manage the financial health of the business.

Thus, A company's financial records show where the money it makes originates from, where it is going, and how much money it is making at any one time. (Source: website of the U.S. Securities and Exchange Commission).

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Explanation:

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Answer:

c. increase if there were a surplus in the money market

Explanation:

The interest rate can be regarded as amount that lender charges s result of using his/her assets which is usually expressed as a percentage of principal amount. It could be typically annual basis which is annual percentage rate. These Asset could be building, cash and so on.

Demand for money can be regarded as

desired that involves holding of financial assets which is in money form .The quantity of money demanded can go up or down with respect to fluctuation of the interest rate.

It should be noted that The interest rate would fall and the quantity of money demanded would increase if there were a surplus in the money market

Answer:

changes in the money supply to achieve particular economic goals.

Explanation:

Monetary policy can be defined as the actions (macroeconomic policies) adopted and undertaken by the central bank of a particular country (Federal Reserve System in the United States of America) to control the money supply and interest rates so as to boost or enhance economic growth.

Basically, monetary policies are used by the central bank to manage inflation, economic growth through long-term interest rates and level of unemployment in a country. In order to boost economic growth, the national government through its central bank introduces monetary policy to increase money supply (liquidity). Also, a monetary policy can be used to prevent inflation through the reduction of money supply at a given period of time.

Furthermore, money supply comprises of checks, cash, money market mutual funds (MMF) and credit (mortgage, bonds and loans).

In conclusion, monetary policy refers to changes in the money supply adopted by the central bank to achieve particular economic goals.

Answer:

the bad debt expense reported is $23,040

Explanation:

The computation of the bad debt expense reported is shown below:

= Estimated losses arise from uncollectible accounts - credit balance of allowance for uncollectible accounts

= $26,880 - $3,840

= $23,040

Hence, the bad debt expense reported is $23,040

The above formula should be used for calculating the bad debt expense

Answer:

the meaning of taxation is the levying of tax.

the question is

Suppose you are currently running a business and you expect to open an operating base overseas. 1. Please set your own business content and explain it. 2. Please set yourself where you plan to open an operation base overseas and what the functions of the operation base are (such as responsible for sales or production). Please explain your settings and explain why you chose to set up a base in this country. 3. Please collect data and analyze the establishment of an operating base in the country of your choice. What are the political risks that you may need to pay attention to when operating, and what impact may it have on your business? ※Political risks include a wide range of levels, including local government's control of fund repatriation, exchange control, attitudes to pollution and labor rights, additional tax regulations for foreign companies, and local consumers' attitudes (such as tending to buy domestic products) , Inefficiency or corruption of local government operations, and wars.

Answer:

Assignment

Explanation:

Since in the given situation it is mentioned that Lorenzo has received the fellowship for studying abroad for a year but he needs to stay 6 months in the apartment also at the same time the landlord gives the permission for the new agreement with his sister where his sister pay the rent to him and then he pay the rent to landlord so this represent the assignment which needs to be followed for the 6 months anyhow

Answer:

hello ! i don't have sure if my answer is right because to be sincere i'm not the best in math, but i'm gonna answer it because i wanna try to help you, so i'm sorry if it's not right, but my intentions are good.

my answer is 212,000

Explanation:

i found out 5% of 2,000=100

then 100X2000=200000

1200+200000= 212000

Answer:

Bond 1 : 4.38%

Bond 2 : 5.91%

Bond 3 : 6.07%

Bond 4 : 7.21%

Explanation:

The face value of the bond is assumed to be $1,000

Price of Bond 1 : 943.40 = 1000 / (1 + x1) ^1

x1 = 4.38%

Price of Bond 2 : 898.47 = 1000 / (1 + x1) ^2

x1 = 5.91%

Price of Bond 3 : 847.62 = 1000 / (1 + x1) ^3

x1 = 6.07%

Price of Bond 1 : 792.16 = 1000 / (1 + x1) ^4

x1 = 7.21%

Answer:

30 in total

Explanation:

In order to calculate how many items A we can produce we need to check how many units required we have, in this case, we have:

40 B's

50 C's

15  D's

We require 2 units of C, 1 Unit of B, and 1 unit of C.

As you can see in our inventory we only have 15 units of D's, meaning that that is our maximum number of items A produced this week, since we already have 15 A items, we can deliver 30 A products this week.

Answer:

C) network effects

Explanation:

Theses are the options for the question

A) monopolistic competition

B) internal marketing

C) network effects

D) guerilla marketing

From the question we are informed about Orange, which is an online-gaming site, has millions of users. The site has many games which pit users against each other. The relative standing of each user is presented in the form of an elaborate ranking system for each game. Users pride themselves on gaining the highest points and the highest rank possible. This rise in user participation has increased the value of Orange significantly. This is an example of network effects. The network effect can be regarded as phenomenon which occur as a result of increased numbers of people or increase in participants improvement about the value of a good or service. One of the example of this effect is Internet. Initially, there were few number of users on the Internet, because people do not see much value then , it was some military and some research scientists that values it, but now almost everyone values it.

Answer:

monetary and fiscal policies to counteract even small undesirable movements in economic activity.

Explanation:

Economic fine-tuning is the (usually frequent) use of monetary and fiscal policies to counteract or subvert even small undesirable movements in economic activity.

Monetary policy can be defined as the actions (macroeconomic policies) adopted and undertaken by the central bank of a particular country to control the money supply and interest rates so as to boost or enhance economic growth. The central bank uses monetary policies to manage inflation, economic growth through long-term interest rates and level of unemployment in a country. In order to boost economic growth, monetary policy is used to increase money supply (liquidity) while it is also used to prevent inflation by reducing money supply.

On the other hand, Fiscal policy refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.

Answer:

I find that the advertisment towards the south korean pop Band BTS directed towards a variety of ages is very effective. They promote their music on all social media plataforms which is obviously directed towards teens and People in their 20s. They make an annual 50 million dollars

Explanation:

My hips dont lie

Answer:

Explanation:

Cost of equity (Re) = Risk free rate + Equity rate*Market risk premium

Cost of equity (Re) = 0.03+(1.7*0.08)

Cost of equity (Re) = 0.03 + 0.136

Cost of equity (Re) = 0.166

Cost of preferred stock (Rpfd) = Dividend/stock price

Cost of preferred stock (Rpfd) = 4/30

Cost of preferred stock (Rpfd) = 0.1333

==> 6 billion + 2 billion + 13 billion = 21 billion

Debt % = 13 billion / 21 billion = 0.619 \

Equity % = 6 billion / 21 billion = 0.286

Preferred stock % = 2 billion / 21 billion = 0.095

Debt capital (Rd) = Its comes from yield to maturity of 8%

Tax rate= 30%

WACC = Re*E% + Rpfd*P% + Rd(1-Tc)D%

WACC = (0.166)*(0.286) + (0.1333)*(0.095) + (0.08)*(1-0.3))*(0.619)

WACC = 0.047476 + 0.0126635 + 0.034664

WACC = 0.0948035

WACC = 9.48%

So, Ford's weighted average cost of capital is 9.48%

Answer: Often times capital market stakeholders, product market stakeholders, and organizational stakeholders disagree with each other

Explanation:

The various stakeholders a company will often times find that they are clashing with each other as they try to push their agenda at the expense of other stakeholders.

Capital market stakeholders for instance, provide capital to the business and so would prefer if it kept costs as low as possible so that they the capital providers can get an adequate return. Product market stakeholders such as suppliers would be trying to increase their prices so as to make more money and this would go against the wishes of the capital providers leading to a disagreement between both classes.

Answer:

Answer shortly

Explanation:

Running an enterprise may seem daunting at times especially when the economy isn't healthy and lack adequate commercial infrastructure. The running cost incurred on energy especially in a star without stable electricity to power engines and machines and as such leading to increased reliability on fuel and gas eats up a large chunk of revenue.

Raw materials are at the heart of producton, they are so important since they are the basis of what is being produced. This has a direct impact or say on the price of goods produced and ultimately the profit made from revenue.

Borrowing has formed a common part of a business setup, Running an enterprise would require the need taking loans, the impact of loans on business may be the repayment plan and interest rates. High Interest may result in unreasonable borrowing plan or inability to take loans to fund enterprise growth.

Identifying required environment or arrangement required for the business to thrive.

Generally, increase in energy cost and raw materials and borrowing will lower revenue as production cost will soar and high interest eats deep into profit.

Answer: hours of leisure consumption of goods and services;

Explanation:

Real wage is the wage that has been adjusted as a result od inflation.

Based on the information given, according to Olivier Blanchard, Europeans are more likely to use increases in real wages resulting from technological progress to increase (hours of leisure) and Americans are more likely to use these increases in real wages to increase the (consumption of goods and services).

Answer:

consistency.

Explanation:

A service can be defined as an intangible (immaterial), non-physical activities, satisfactions or benefits that are offered for sale by a business service or provided to accompany the sales of a product. Thus, it's an action that involves offering something to a service taker or customer in return for an amount of money as payment.

Basically, a service is expected to have certain characteristics and these includes;

I. Intangibility.

II. Heterogeneity.

III. Perishability.

IV. Lack of ownership.

V. Inseparability.

VI. Variability.

VIII. Quality management.

In this scenario, one of the ways Andrea Arenas tries to ensure consistency of services for her regular customers is to ensure that the same well-trained person (employee) is always assigned to work for them.

This ultimately implies that, she ensures her regular customers get the same level of quality service at all times by assigning a well-trained person (employee) to work for them.

Answer:

c) Sociocultural

Explanation:

The attidudes of Spanish consumers towards autonomous cars are mainly influenced by sociological and cultural factors, in other words, they belong the sociocultural dimension of PESTEL.

Some of these factors may be: opennes to experience, education level of the population, demographic structure, income distribution, prevailing ideas or ideology in the populace, and so on.

These are the factors that Jon should look closely to in order to determine as objectively as possible the consumer attidue towards autonomous cars, so that he can decide whether or not to start this type of business.

Answer:

John should include $1,600 as rental income on his Year 4 tax return as a result of the $2,000 payment.

Explanation:

As a cash-basis taxpayer, John's taxable income is based on the actual cash receipts and payments made in the accounting period.  The refundable part of the rent should not be included as rental income since it is a security deposit that would be returned at the end of the lease period.  If John were an accrual-basis taxpayer, the rental income to be included would have been only $800 representing income for Year 4.

Answer: EASYYY PEASYYY AHEM UWU

Explanation:

A checking account is a bank account you can write checks from, or access several other ways, which tends to make it your go-to, daily transaction bank account. A savings account is where you stash funds that you aren't ready to use yet, often with the goal of accumulating more.

Saving account are bank account which are used the for benefit of interest accrued on capital being saved therein.

In conclusion, people might prefer checking account over saving account during this period because interest rate on saving rate are low which will might make operation charges deduct from interest amount till negative.

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Answer:

The answer is undercapitalization

Explanation:

It is evident that the business is undercapitalized. Undercapitalization is a situation when a company/firm does not have enough or the needed funds to run the business operations or pay his creditors.

Angelo is undercapitalized because her sales are not generating the needed cash flows coupled with her inadequate capital. So she needs to raise enough capital or develop new strategy to increase her sales.

Answer:

Limited liability company

Explanation:

A limited liability company is one that the owners are not personally liable for the business. Rather the company is a legal entity on its own and can be sued legally as a sepearte entity from its owners.

It combines features of a corporation and a partnership or sole proprietorship.

This will be the best type of business given that the business will not be expected to earn for the first two years. The sisters will not be personally liable for any debt incurred.

Also the business will continue even if only one of the sisters remains.

So an LLC is the best option for them.

Answer: