Answer:
The endowment fund is not satisfied with the advisor's performance
Explanation:
Judging from a nominal interest rate perspective where return expected of an investment comprises of real rate of return and an extra return which is a compensation for inflation rate in the economy,the endowment fund is not satisfied with performance of the advisor.
The satisfactory rate of return that would be expected of the advisor is computed below:
nominal interest rate=real rate+inflation rate
real rate is 8.2%
inflation rate is 2.9%
nominal interest rate=8.2%+2.9%
=11.10%
A mortgage is the resource available to home providence to recover the loan.
A mortgage is defined as a legal agree between a bank/creditor with a a person or business. They lend money with an interest rate in exchange for having full ownership of the persons title (house/business building) if the person does not pay.
Answer:
Materials handling= $60 per requisition
Machine setups= $110 per setup
Quality inspections= $95 per inspection
Explanation:
<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
<u></u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Materials handling= 60,000/1,000= $60 per requisition
Machine setups= 55,000/500= $110 per setup
Quality inspections= 57,000/600= $95 per inspection
<u>Solution and Explanation:</u>
SC's Depreciable assets for the purpose of financial reporting and income taxes were $40000 and $33000 respectively. Its taxable income is$97000.Temporary difference will be there because of Depreciation.
Temporary Difference=Financial reporting Dep-Income tax depreciation
=40000 minus 33000
=7000
Pretax financial income=taxable income+Temporary Difference
=97000+7000=$104000
Deferred tax liability=7000 multiply 30%=2100
Income tax expense=104000 multiply 30%=31200
Income tax payable=97000 multiply 30%=29100
Dec 31 Income Tax ExpensenA/C Dr. $31200
To Income Tax Payable A/C $ 29100
To Deferred Tax Liability A/C $ 2100
<u>
Answer:b
</u>
Slatter Company
Partial Balance Sheet
December 31, 2013
Noncurrent Liabilities
Deferred Tax Liability $2100
Answer: Answers to both questions follow in the explanation below.
Explanation: One issue the marketing managers can look at can be abuse of alcohol or underage drinking on university or college campuses.
To address this issue the manager's can respond by introducing low - alcoholic or non -alcoholic alternatives. This can reduce the alcohol consumption by students when they're at social events or even be offered to students who are designated drivers. To further mitigate this issue the managers can advertise responsible drinking by placing them at the bottom of advertisements.