Answer:
C. Strategic plan
Explanation:
Strategic planning involves developing a business strategy, method of implementing the business strategy and finally evaluating the business strategy in order to see if it has achieve its goal. It is characterized by strategy formulation, implementation and evaluation. In this case, Kia is contributing to the strategic plan by allocating company's resources to meet the long term goals of the company and defining long term activities, that is, developing a business strategy.
Answer:
raw materials 197900
accounts payable 197900
WIP 161830
factory overhead 5270
raw materials 167100
WIP 85500
factory overhead 7600
wages payables 93100
factory overhead 53000
accounts payable 53000
factory overhead 17150
acc. Dep-equipment 17150
dep expense* 14800
acc. Dep- Off Building 14800
WIP** 70965
factory overhead 70965
Finished Goods*** 251747
WIP inventory 251747
Explanation:
* as the building is not related to the manufacturing process we cannot capitalized through inventory We will record as cost ofo the period therefore, depreciation expense
** the aplied overhead will be the amount of direct labor added during the period time 83%
85,500 x 83% = 85,500 * 0.83 = 70,965
*** we will have to add up the jobs cost to detemrinate how much of the work in process inventory becomes finished good
Job Materials // Labor // Overhead
A20 $ 37,740 $ 19,200 + 19,200 x 0.83
A21 $ 44,320 $ 23,600 + 23,600 x 0.83
A23 $ 41,770 $ 27,100 + 27,100 x 0.83
Total 251,747
Answer:
The present value of the future earnings is $51,981,214.36
Explanation:
The present value of the earning can be calculated by discounting the earnings for the next five years along with calculating the terminal value of earnings at the end of the five years when the growth rate in earnings becomes constant and discounting it back to the present value.
Taking the value in millions,
Present Value = 1 * (1+0.3) / (1+0.08) + 1 * (1+0.3)^2 / (1+0.08)^2 +
1 * (1+0.3)^3 / (1+0.08)^3 + 1 * (1+0.3)^4 / (1+0.08)^4 + 1 * (1+0.3)^5 / (1+0.08)^5 + [( 1 * (1+0.3)^5 * (1+0.02) / (0.08 - 0.02)) / (1+0.08)^5]
Present value = $51.98121436 million or $51,981,214.36
Answer:
$50,000
Explanation:
Estimated Cost of New Equipment = $500,000
Useful life in years = 5
Estimated Residual Value = $50,000
Expected New Cash Inflows over life of asset = $700,000
Annual depreciation expense = (Estimated Cost of New Equipment-Estimated Residual Value)/Useful life in years
= ($500,000 - $50,000) / 5
= $450,000 / 5
= $90,000
Average annual cash flow = Expected New Cash Inflows over life of asset/ Useful life in years
= $700,000/5
= $140,000
Average annual operating income = Average annual cash flow - Annual depreciation expense
= $140,000 - $90,000
= $50,000
Answer:
I believe it is progressive taxes.
Explanation:
Taxes under the Federal Insurance Contributions Act (FICA) are composed of the old-age, survivors, and disability insurance taxes, also known as social security taxes, and the hospital insurance tax, also known as Medicare taxes.
