ResourceAirplane Flight Hours And Total Cost Airplane depreciation: High 44,000 $ 18,200,000 Low 28,000 $ 18,200,000 Fuel: High 44,000 445,896,000 Low 28,000 283,752,000 Airplane maintenance: High 44,000 16,600,000 Low 28,000 11,776,000 1) Develop an annual cost for fuel by making a formula. 2) Develop an annual cost formula for airplane maintenance 3) Using the three annual cost formulas that you developed, predict the cost of each resource in a year with 489,000 airplane flight hours. 4)Total annual cost of airplane depreciation 5)Total annual cost of fuel 6)Total annual cost of airplane maintenance
What is the difference between a principle and an agent.
Pricipal and agent which one, which type? What is the difference between a principle and an agent. Why or why not both are needed. What is the different costs associated with hiring an agency. Discuss whether or not you think the costs are worth it. support your responses. Which one of the types of agents and the implications of that type of agent obtaining the best deal for you 1. What is the difference between a principle and an agent? The difference is the following; The agent’s duties are, according to businessdictionary.com,
Identifying the Parts of the Cost Formula
Identifying the Parts of the Cost Formula; Calculating Monthly, Quarterly, and Yearly Costs Using a Cost Formula Based on Monthly Data Gordon Company’s controller, Eric Junior, estimated the following formula, based on monthly data, for overhead cost: Overhead Cost = $208,000 + ($86 x Direct Labor Hours) 1)If next quarter’s budgeted direct labor hours equal 85,000, what is the budgeted overhead cost ?2)If next year’s budgeted direct labor hours equal 425,000, what is the budgeted overhead cost?
Butters Corporation has a profit margin of 6 percent
Using the Du Pont method, evaluate the effects of the following relationships for the Butters Corporation. a.Butters Corporation has a profit margin of 6 percent and its return on assets (investment) is 14 percent. What is its assets turnover? (Round your answer to 2 decimal places.) b.If the Butters Corporation has a debt-to-total-assets ratio of 50.00 percent, what would the firm’s return on equity be? (Input your answer as a percent rounded to 2 decimal places.) c.What would happen to return on equity if the debt-to-total-assets ratio decreased to 45.00 percent? (Input your answer as a percent rounded to 2 decimal places.) eBook & Resources
Bridgeport Inc., a greeting card company
Question 1 Bridgeport Inc., a greeting card company, had the following statements prepared as of December 31, 2017. BRIDGEPORT INC. COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2017 AND 2016 12/31/17 12/31/16 Cash $5,900 $6,900 Accounts receivable 61,400 51,200 Short-term debt investments (available-for-sale) 34,700 18,000 Inventory 40,200 59,700 5,000 4,100 Equipment 152,700 130,200 Accumulated depreciation— equipment (35,400 ) (25,000 ) 45,700 49,900 $310,200 $295,000 $46,300 $40,400 Income taxes payable 3,900 6,000 Salaries and wages payable 8,100 3,900 Short-term loans payable 8,100 10,100 Long-term loans payable 60,200 69,400 100,000 100,000 Contributed capital, common stock 30,000 30,000 Retained earnings 53,600 35,200 $310,200 $295,000 Prepaid rent Copyrights Total assets Accounts payable Common stock, $10 par Total liabilities & stockholders’ equity BRIDGEPORT INC. INCOME STATEMENT FOR THE YEAR ENDING DECEMBER 31, 2017 Sales revenue $335,075 Cost of goods sold 175,200 Gross profit 159,875 Operating expenses 120,100 Operating income Interest expense Gain on sale of equipment Income before tax 39,775 $11,400 2,000 9,400 30,375 Income tax expense 6,075 Net income $24,300 Additional information: 1. Dividends in the amount of $5,900 were declared and paid during 2017. 2. Depreciation expense and amortization expense are included in operating expenses. 3. No unrealized gains or losses have occurred on the investments during the year. 4. Equipment that had a cost of $20,100 and was 70% depreciated was sold during 2017. Prepare a statement of cash flows using the direct method. (Show amounts that decrease cash flow with either a – sign e.g. -15,000 or in parenthesis e.g. (15,000).) BRIDGEPORT INC. Statement of Cash Flows For the Year Ended December 31, 2017 Cash Flow s from Operating Activities Cash Received from Customers $ Cash Payments to Suppliers $ Cash Payments for Operating Expenses Cash Payments for Interest Cash Payments for Income Taxes $
What would be a good detailed description of the concept of Leadership
unemployment rates and exchange market
1, A falling labour force participation rate is a concern for an economy because a, it increase the tax burden on working persons to support non-working persons in the population. b, it reduces the growth in social welfare spending by government and results in higher budget surplus. c, mature age person are staying in the labour force for longer using their experience and skills. d, all the above are correct 2, The most effective way of reducing structural unemployment is to a, reduce income taxes and interest rates to increase the level of aggregate demand. b, provide retrain to workers whose skills are outdated and offer subsidies to employees to employ and retrain unemployment workers. c, provide job search assistance to school and university graduates. d, reduce the immigration of skilled workers who reduce the number of job opportunities for local workers. 3, Explain the effect of a decrease in interest rates in Australia and at the same time an increase in the demand for imported resources(eg.oil) on the demand for and/or supply of dollars and the resulting change in the exchange rate for Australian dollars. And the impact on Australia’s net exports, real GDP, price level and explain the change(increase or decrease) of cyclical unemployment.
Alpha Corporation has one class of common stock
Alpha Corporation has one class of common stock with a par value of $5. There is not treasury stock balance as of January 1,2017. On January 1, 2017 Alpha had a $75,000 balance on its Common Stock account. On January 1, 2017 Alpha issued an additional 2,500 shares of common stock for $14,400. There is not class of preferred stock outstanding during FY 2017, Use this information to determine the Net Income or (Net loss) for Alpha if it reports an earnings per share of $4.80.
A General Power bond carries a coupon
A General Power bond carries a coupon rate of 9.5%, has 9 years until maturity, and sells at a yield to maturity of 8.5%. (Assume annual interest payments.) a.What interest payments do bondholders receive each year? b. At what price does the bond sell? c. What will happen to the bond price if the yield to maturity falls to 7.5%?(Do not round intermediate calculations. Round your answer to 2 decimal places.) d. If the yield to maturity falls to 7.5%, will the current yield be less, or more, than the yield to maturity? More Less
Leslie Monahan, a corporate executive
Leslie Monahan, a corporate executive, incurred business-related unreimbursed expenses in 2013 as follows: Entertainment $1,200 Travel 600 Professional society dues 500 Assuming that Monahan does not itemize deductions, how much of these expenses should she deduct on her 2013 tax return?