Answer:
Beckman noncontrolling interest in subsidiary income $10,520
Calvin Machine (net of accumulated depreciation) $71,200
Explanation:
To calculate noncontrolling interest in subsidiary's income;
Revenue $65,550
Expenses $39,250 (29,250 + $6,800 + $3,200)
Net Income $26,300
Noncontrolling percentage = 40%
NonControlling Income = $10,520
Depreciation of Machine =
= 6,800 per annum
Amortization of trade secrets =
Amortization of trade secrets =
= 3,200
Answer:
The $29,000 is the income which does harry report
Explanation:
Special identification allocation method: Under this method, the allocation is done on the basis of days, weeks, etc to know how much inventory is left on the particular date.
First we have to calculate the income of one day so that we can easily compute for the 29 days. The calculation is shown below.
One day income = Total income ÷ Number of days in a year
= $1,460,000 ÷ 365 days
= $4,000
Now,the income is
= one day income × 29 days × rate if interest
= $4,000 × 29 × 25%
= $29,000
Thus, the $29,000 is the income which does harry report
The correct answer would be, Instrumental Support.
Rob's company lacks the Instrumental Support need to be able to do a good job.
Explanation:
Individuals or companies when hire people to do some job, they must provide them the physical instruments if required to do the job. The instruments should be up to date that must help the worker to do his job efficiently. This is called the Instrumental Support, in which the physical instruments are being provided to the workers.
The instrumental support is tangible. It is basically the assistance provided by others to you to do a job.
For example, in the given question, when Rob is complaining to another member of the lawn crew about the old and inadequate instruments given to him by the company, it means Rob's company lacks the instrumental support that the workers need to be able to do a good job.
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Answer:
The correct answer is option d.
Explanation:
A production possibility frontier shows a different combination of two goods that can be produced using all the available resources and level of technology.
As the production of one good is increased the opportunity cost of giving up its alternative goes on increasing. In other words, as we go on increasing production of one good we need to give up more of the other because of the scarcity of resources.
Four important elements can contribute to profitability. Costs are coming down, turnover is going up, production is going up, and efficiency is going up. You can also develop new goods or services or grow into new market segments.
<h3>What are the steps to take to make the firm profitable?</h3>
This manual shows how to evaluate the profitability of your company, provide growth for your bottom line, and plan and manage change. Your profitability may be boosted by careful expense control. Although most organizations may discover some waste to eliminate, it's crucial to avoid compromising the quality of your goods and services in order to save money.
It is efficient to use activity-based costing to determine the true cost of particular company activities. By allocating sections of all your expenditures, including those for employees, real estate, and raw materials, to certain activities, activity-based costing enables you to determine how much it costs you to perform a given business function.
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