karen company had an unadjusted bank balance of $1,200. there were $200 of deposits in transit and $400 outstanding checks. the bank erroneously charged karen a $100 service charge. based on this information, the karen's true cash balance is .

Answers

Answer 1

Karen's true cash balance is $900.

To determine Karen's true cash balance, we need to adjust the unadjusted bank balance for the items that are not reflected in the bank statement. Deposits in transit and outstanding checks are two such items.

Adding the deposits in transit of $200 to the unadjusted bank balance of $1,200, we get a total of $1,400. Deducting the outstanding checks of $400 from this total gives us an adjusted bank balance of $1,000.

Next, we need to consider the bank service charge of $100, which has been deducted from the unadjusted bank balance. This reduces the adjusted bank balance to $900.

Therefore, Karen's true cash balance is $900, which is the adjusted bank balance after considering the deposits in transit, outstanding checks, and the bank service charge.

To know more about true cash balance, refer here:

https://brainly.com/question/15359741#

#SPJ11


Related Questions

capital budgeting includes which of the following? i. determining the amount of cash needed on a daily basis to operate a firm ii. identifying assets that produce value in excess of the cost to acquire those assets iii. evaluating the size and timing of future cash flows from a project iv. evaluating the risks associated with a proposed project

Answers

Capital budgeting includes identifying assets that produce value in excess of the cost to acquire those assets, evaluating the size and timing of future cash flows from a project, and evaluating the risks associated with a proposed project. Options 2, 3 and 4 are correct.

Determining the amount of cash needed on a daily basis to operate a firm is part of working capital management, which focuses on managing the day-to-day cash flow needs of a business. Capital budgeting, on the other hand, is a strategic process that involves assessing and selecting long-term investment opportunities that are expected to generate positive cash flows and create value for the business.

The main goal of capital budgeting is to identify investment opportunities that are expected to generate returns that exceed the cost of capital, which is the cost of obtaining the funds necessary to finance the investment. To achieve this goal, capital budgeting typically involves several steps, including:

1. Identifying potential investment opportunities: This involves evaluating the merits of different investment opportunities and selecting those that are most likely to generate positive returns.

2. Estimating the expected cash flows: This involves forecasting the size and timing of the expected cash flows from the investment over its useful life.

3. Evaluating the risks associated with the investment: This involves assessing the likelihood and potential impact of various risks that could impact the investment's performance.

4. Calculating the net present value (NPV) or other financial metrics: This involves using financial models to calculate the NPV, internal rate of return (IRR), or other financial metrics that can be used to assess the investment's potential returns and compare it to other investment opportunities.

Overall, capital budgeting is an important process that helps businesses to allocate their resources effectively and make strategic investment decisions that create value and generate positive returns over the long term. Options 2, 3 and 4 are correct.

To know more about the Capital budgeting, here

https://brainly.com/question/28304454

#SPJ4

questiongeico has decided that everyone will work in units with people who perform similar jobs. all of the procurement employees work in one department. all of the human resource employees work in one department and all of the printing employees work in the print shop. this type of structure is called:

Answers

The structure that Geico has adopted where employees who perform similar jobs work in units is known as a functional structure.

A functional structure is a type of organizational structure where employees with similar job roles are grouped together into functional departments, such as finance, marketing, human resources, and so on. This type of structure is efficient because it allows employees to share knowledge, skills, and resources, and enables the company to focus on its core competencies.

In Geico's case, it has created departments based on job functions such as procurement, human resources, and printing. This structure is beneficial for Geico as it allows the company to focus on these core areas and develop expertise in them, leading to greater efficiency and productivity.

Overall, the functional structure is a widely used organizational structure, especially in large organizations, as it helps in creating a cohesive and efficient workforce.

To know more about functional structure, refer here:

https://brainly.com/question/29452247#

#SPJ11

suppose a company produces and sells a total of 8,750 boxes of paper per year. the fixed cost of manufacturing the paper is 350, and it costs $3 per year to store each box of paper. what is the economic lot size? round your answer to the nearest whole number.

Answers

The economic lot size for the company is 588 boxes of paper per order.

What is Economic Lot Size?

The economic lot size is the ideal number of products or materials that a business should make or purchase all at once in order to reduce overall production and inventory costs. In other words, it's the batch size that balances the cost of keeping inventory with the cost of ordering or producing products in the most economical manner.

The expense of ordering, the cost of maintaining inventory, and the level of demand for the product are some of the variables that affect the economic lot size. Economic lot size calculations are crucial for businesses because they can optimise inventory levels, cut costs, and boost total productivity.

To know more about Economic lot size, visit:

https://brainly.com/question/17303392?

#SPJ1

which one of the following is the most important source of risk from owning bonds?O Loss of a bond certificate O market interest rate fluctuationsO current market priceO Time to maturity

Answers

The most important source of risk from owning bonds is market interest rate fluctuations. option B is the correct answer.

Interest rate risk is one of the most important risks associated with bond ownership. When market interest rates rise, bond prices fall, and vice versa. When interest rates fall, bond prices rise because they become more valuable in the marketplace. Bond investors face two types of interest rate risk:

If you are a bondholder, you face two types of interest rate risk:If you have to sell your bond before it matures, you risk losing money because the price of the bond has decreased as interest rates have risen.

If you keep your bond until it matures, you risk losing out on the opportunity to earn a higher interest rate on your money if interest rates rise in the future. When your bond matures, you will be forced to accept the interest rate that was agreed upon when it was issued, regardless of current market conditions.

Thus, option B is the correct answer.

You can learn more about bonds at

https://brainly.com/question/25965295

#SPJ11

which part of a customer database includes a record of the interactions that the customer has had with the retailer, inquiries made through in-store kiosks, and information about contacts initiated by the retailer, such as catalogs and e-mails sent to the customer?

Answers

The customer interactions part of a customer database is a record of the interactions that the customer has had with the retailer. This includes inquiries made through in-store kiosks, as well as any contacts initiated by the retailer, such as catalogs or e-mails sent to the customer.

The information collected in this component of the database is essential for businesses, as it allows them to build relationships with their customers and keep track of their purchasing history.

This data can be used to inform decisions around customer service, promotions, and product development. Additionally, the customer interactions component of the database can help businesses monitor the effectiveness of their marketing campaigns.


This helps them understand how customers feel about the product and determine how best to engage them. Furthermore, this data can provide businesses with valuable insights into customer behaviour.

Know more about database here:

https://brainly.com/question/30634903

#SPJ11

when people focus their efforts, on the tasks they have a comparative advantage in, what will happen to output? group of answer choices there will be less total output, but the output will grow for highly valued goods. the total output will shrink because it is not produced by the person who can do it fastest. total output will rise and automatically be equally distributed across persons. more of all goods will be produced than if everyone produced everything for themselves.

Answers

When people focus their efforts on the tasks they have a comparative advantage in, there will be more of all goods produced than if everyone produced everything for themselves.

What is comparative advantage?

The comparative advantage is an economic principle that demonstrates the capacity of an individual, company, or nation to produce a given good or service at a lower opportunity cost than its competitors.

In general, focusing on producing goods or services in which an individual has a comparative advantage is advantageous for all parties involved, including businesses and entire countries.

When people focus their efforts on the tasks they have a comparative advantage in, there will be more of all goods produced than if everyone produced everything for themselves.

There will be less total output, but the output will grow for highly valued goods. This is not the case when people focus their efforts on the tasks they have a comparative advantage in.

The total output will shrink because it is not produced by the person who can do it fastest.  This is not true, as focusing on producing goods or services in which an individual has a comparative advantage is advantageous for all parties involved, including businesses and entire countries.

Total output will rise and automatically be equally distributed across persons is also incorrect because when people focus their efforts on the tasks they have a comparative advantage in, the distribution of output depends on the individual, company, or nation's specific comparative advantages.

To learn more about comparative advantage, refer below:

https://brainly.com/question/13221821

#SPJ11

an airline finds that its 6 a.m. flights are half-empty but the mid-afternoon flights are full. which would be the most plausible statement for an economist to make? a. cut the price of the early morning flight and raise the price of the afternoon flight. b. nothing can be done to rectify the situation because of consumer sovereignty. c. fewer flights should be scheduled in the afternoon to force travelers to take the morning flight. d. nothing can be done because travelers are inflexible with their schedules.

Answers

The correct answer is option A)

A) The most plausible statement for an economist to make in this situation is to cut the price of the early morning flights and raise the price of the afternoon flights.

This is because when prices are decreased, more people tend to buy the product, and when prices are increased, less people tend to buy the product.

This strategy is known as "price discrimination" and it aims to match the supply and demand of a particular product.



When an airline has too many empty seats in the early morning flights, it indicates that the demand for these flights is low.

By reducing the price of the early morning flights, the airline would be able to attract more customers and fill the flights up.

On the other hand, if the mid-afternoon flights are full, it indicates that the demand for these flights is high. By increasing the price of the mid-afternoon flights, the airline would be able to reduce the demand and fill the flights up.



In essence, this price discrimination strategy seeks to make sure that the airline maximizes its profits.

By charging lower prices in the morning and higher prices in the afternoon, the airline can maximize the revenue it generates from the flights.

This would also allow the airline to have full flights throughout the day, meaning it can make more money overall.



To conclude, the most plausible statement an economist could make in this situation is to reduce the price of the early morning flights and raise the price of the mid-afternoon flights.

This strategy of price discrimination would allow the airline to maximize its profits by ensuring that all of its flights are filled and the demand for its product is met.

To know more about price discrimination here

https://brainly.com/question/14969650

#SPJ11

which of the following characteristics would a sports organization benefit from if it acquired sports teams that it owned instead of setting up relationships with existing sports teams? a. low costs b. quick access to new markets c. low risk d. little control

Answers

A sports company would gain faster access to new markets by acquiring sports teams rather than establishing ties with current sports teams.

The purchased sports team may have a specific set of fan bases that will be transferred to the new sports organization once acquired.

Professional sports have grown as a profitable industry, with numerous potential for sports marketers to thrive.

As this article will demonstrate, professional sports clubs band together to create a league product that, while initially designed to delight spectators, is today offered to four diverse groups.

As a result, professional sports leagues, in a variety of markets and at a variety of levels, create a unique setting for marketing decisions and processes to occur, and this should continue to be a growing segment within the broader, global, entertainment industry.

Learn more about team sport here

https://brainly.com/question/30096950

#SPJ4

suppose a european put price exceeds the value predicted by put-call parity. how would an investor profit? demonstrate

Answers

An investor can profit by employing conversion arbitrage if the European put price exceeds the value predicted by put-call parity.

An investor could make a profit if the European put price exceeds the value predicted by put-call parity by employing a strategy known as conversion arbitrage. This strategy entails the following steps:

Step 1: Purchase an undervalued asset: The investor buys the underlying asset for the spot price.

Step 2: Short sell a call option: Simultaneously, the investor sells a call option with a strike price equal to the asset's price.

Step 3: Buy a put option: The investor buys a put option at a strike price equal to the call option's price.

Step 4: A net credit is received: The investor would be credited the difference between the put option and the call option since the put option costs more than the call option.

Step 5: Profits can be realized: The investor will make a profit as long as the stock price is less than the call option's strike price but higher than the combined premium value of the call and put options.

An investor can profit by employing conversion arbitrage if the European put price exceeds the value predicted by put-call parity.

What is Put-Call Parity?

Put-call parity is a basic concept in options pricing that defines the relationship between the prices of call and put options with the same underlying asset, strike price, and expiration date.

The principle of put-call parity is that options of the same underlying asset should be priced equally due to the risk-free arbitrage possibilities presented by the law of one price.

To learn more about put-call parity, refer below:

https://brainly.com/question/15508400

#SPJ11

Which is the most accurate definition of the study of economics?A. the distribution of surplus goods to those in need.B. affluence in a morally bankrupt world.C. ways to reduce wants to eliminate the problem of scarcity.D. the choices we make because of scarcity.

Answers

The most accurate definition of the study of economics is (d) the choices we make because of scarcity.

Economics is defined as the social science that studies how individuals, businesses, governments, and societies allocate scarce resources to satisfy their unlimited wants and needs.

Scarcity is the fundamental economic problem that arises from having unlimited wants and needs but limited resources to satisfy them.

As a result, individuals and societies must make choices about how to allocate their resources efficiently to meet their most urgent needs and wants.

Therefore, economics is concerned with the study of how people make choices in the face of scarcity, the correct option is (d).

Learn more about Economics here

https://brainly.com/question/15081833

#SPJ4

The given question is incomplete, the complete question is

Which is the most accurate definition of the study of economics?

(a) the distribution of surplus goods to those in need.

(b) affluence in a morally bankrupt world.

(c) ways to reduce wants to eliminate the problem of scarcity.

(d) the choices we make because of scarcity.

which of the following is an example of a bottleneck management principle? question 43 options: work-in-process buffer inventory should be place behind bottlenecks to maximize resource utilization. at bottleneck workstations, idle time is acceptable if there is no work to do. use large order sizes at bottleneck workstations. an hour lost at a bottleneck resource has no effect on total process or factory output.

Answers

Work-in-process cradle stock ought to be place behind bottlenecks to expand asset usage is an illustration of a bottleneck the executives guideline. Option A is correct .

What is the Bottleneck Principle?

When production overwhelms a production system like a facility, machine, or equipment to the point where it cannot meet demand for more production, this is known as a bottleneck. A bottleneck has occurred whenever there is congestion or a backup. In the least difficult definition, a cycle bottleneck is a work stage that gets more work demands than it can process at its most extreme throughput limit. As a result, the production process is slowed down and work is disrupted. Items in your business that are stifling expansion are known as bottleneck items. They may be financial or physical in nature. Equipment, buildings, and land are typically examples of physical bottleneck items. Your production capacity will be constrained if you do not have sufficient access to these resources.

To learn more about bottleneck visit :

https://brainly.com/question/13302820

#SPJ1

Which one of the following would be the same total amount on a flexible budget and a static budget if the activity level is different for the two types of budgets?
a. Direct materials cost
b. Direct labor cost
c. Variable manufacturing overhead
d. Fixed manufacturing overhead

Answers

c.) If activity levels differ, variable manufacturing overhead costs, which change proportionately with production activity, would be the same on a flexible budget and a static budget.

Variable manufacturing overhead would be the same total amount on a flexible budget and a static budget if the activity level is different for the two types of budgets. This is because variable manufacturing overhead costs are directly related to the level of production activity and will therefore vary proportionately with changes in activity levels. The flexible budget adjusts for changes in activity levels, while the static budget remains fixed regardless of activity levels. As such, the total amount of variable manufacturing overhead costs will be the same for both types of budgets, even if the activity level differs. Direct materials cost, direct labor cost, and fixed manufacturing overhead are not directly tied to changes in activity levels and would therefore differ between the two types of budgets.

learn more about variable manufacturing  here:

https://brainly.com/question/18882101

#SPJ4

ivan is starting his own pet store in his neighborhood. where should he go to obtain a business license and permits?

Answers

Ivan should go to his local city or county government office to obtain a business license and permits.

The specific office that handles business licensing and permits may vary depending on the location. In some cases, it may be the city clerk's office, while in others, it may be the county clerk's office or the department of revenue. Ivan can start by contacting his local government or searching their website to find out what licenses and permits he needs to operate a pet store in his neighborhood. Some of the licenses and permits that he may need include a business license, a tax ID number, a sales tax permit, and permits for building and health inspections.

To learn more about business license click here

brainly.com/question/28844391

#SPJ4

find the cost minimizing amount of k for a producer to use when faced with the following production function, production goal, wage, and rent: q = l1k4; q = 500; w = $12; r = $50

Answers

The cost-minimizing amount of capital (k) for the producer to use is approximately 4.56 units.

How to calculate the cost-minimizing amount ?


1. Set the production goal: l^1 * k^4 = 500

2. Find the marginal product of labor (MPL) and the marginal product of capital (MPK) by differentiating the production function with respect to labor (l) and capital (k), respectively:
MPL = dl/dq = k^4
MPK = dk/dq = 4 * l^1 * k^3

3. Calculate the marginal rate of technical substitution (MRTS) by dividing MPL by MPK:
MRTS = MPL/MPK = (k^4) / (4 * l^1 * k^3) = 1 / (4 * l)

4. Set MRTS equal to the ratio of the input prices (w/r) to find the optimal ratio of labor to capital:
1 / (4 * l) = 12 / 50
l = (1/4) * (50 / 12) = 25 / 48

5. Substitute the optimal ratio of labor to capital (l) back into the production function to find the cost-minimizing amount of capital (k):
500 = (25/48)^1 * k^4
k^4 = 500 * (48/25)
k^4 = 960
k = (960)^(1/4)
k ≈ 4.56
To know more about cost-minimizing  visit:

https://brainly.com/question/15090142

#SPJ11

alice lost her electronic funds transfer system (efts) card and reported it missing the next day. she found that $800 had been withdrawn from her savings account. alice's loss is equal to:

Answers

Alice lost her electronic funds transfer system (EFTS) card and reported it missing the next day. She found that $800 had been withdrawn from her savings account. Alice's loss is equal to the $800 that was withdrawn from her savings account. Alice's electronic funds transfer system (EFTS) card was used to withdraw $800 from her savings account, which was the only amount she lost.

The loss of the card itself has no direct monetary value. The $800, on the other hand, was withdrawn from her account without her permission, resulting in her loss. EFTS refers to the Electronic Funds Transfer System, a computerized financial system that transfers funds from one bank account to another via an electronic network, such as Automated Teller Machines (ATMs). Unauthorized transactions, such as the one described above, may be protected by financial institutions that provide electronic funds transfer services such as EFTS or ATM networks.

Alice should contact her bank or financial institution as soon as possible to report the unauthorized transaction and take the necessary steps to safeguard her account. She should also request a new EFTS card to avoid any future unauthorized transactions.

To know more about Electronic Funds Transfer System refer here:

https://brainly.com/question/30040630#

#SPJ11

annie would like to take out a loan to put a new playground in her yard for her kids. she offers her car which is worth $7,800 as collateral. the loan officer at the bank is permitted to loan annie 92% of the value of her collateral. how much will annie be able to borrow for the playground using her car as collateral?

Answers

To determine how much Annie may borrow using her automobile as collateral, multiply the value of her car by the percentage of the loan she is eligible for. In this situation,

Annie can borrow up to 92% of the value of her automobile from the loan officer. As a result, the computation will be:

Loan amount = vehicle value x loan percentage

Loan amount = $7,800 multiplied by 0.92

The loan amount is $7,176.

As a result, Annie will be able to borrow up to $7,176 for the playground, with her car serving as collateral. It is critical to realize that this is the maximum amount she may borrow based on the value of her vehicle, and the actual loan amount she obtains may be less.

Learn more about  loan  here:

https://brainly.com/question/31292605

#SPJ4

Select the correct answer.
From the following balances of Casper Inc., calculate the free cash flow of Casper Inc.

Answers

From the given balances of Casper Inc., the free cash flow of Casper Inc. can be calculated as $917,000. Hence the correct option is c.

Give a brief account on free cash flow.

Free cash flow (FCF) refers to the cash a company generates after accounting for cash outflows in order to support its business and maintain its fixed assets. Unlike earnings and net income, free cash flow is a measure of profitability, excluding non-cash expenses on the income statement and including spending on equipment and assets, and changes in working capital from the balance sheet. increase.

Free cash flow = Net operating profit after taxes - Net investment in operating capital.

Net operating profit after taxes = Cash flow from operating activities

Net investment in operating capital = Sale of machinery + Dividend paid

Free cash flow = 1,000,000 - (30,000 + 53,000)

Free cash flow = 1,000,000 - 83,000

Free cash flow = $ 917,000

To know more about Free cash flow, visit:

https://brainly.com/question/14762501

#SPJ1

unlike traditional manufacturing, flexible manufacturing: group of answer choices allows the production of only standardized products. limits an organization's ability to offer greater product variety. decreases efficiency. limits an organization's ability to customize products. lowers unit costs.

Answers

Unlike traditional manufacturing, flexible manufacturing does not limit an organization's ability to customize products.

Flexible manufacturing is a manufacturing system that is characterized by being agile and capable of producing a variety of goods.

This system uses a combination of computer technology and automated machines to create a range of products. Flexible manufacturing is the opposite of traditional manufacturing.

This is because, in traditional manufacturing, a production line is set up to produce a single product in large quantities without flexibility.

Customization: Flexible manufacturing allows the production of customized products, which is its biggest advantage.

Flexibility: The flexible manufacturing system provides a high degree of flexibility, which allows for quick production changes.

Short Lead Time: The lead time between production and delivery is short because this system can quickly change its production line.

Quality: Flexible manufacturing systems are often equipped with automated testing, so the quality of the final product is high.

Cost-Effective: Although the initial cost of implementation is high, the total cost is reduced over time.

So, unlike traditional manufacturing, flexible manufacturing does not limit an organization's ability to customize products.

To know more about flexible manufacturing, refer here:

https://brainly.com/question/13507769#

#SPJ11

josh smith, the materials manager at a retail store, has determined that a particular product experienced 5 turns last year, with an annual sales volume of $15 million. what was the average inventory value for this product last year? question 28 options: $1 million $2.5 million $3 million $4.5 million

Answers

The average inventory value for the given product can be calculated as $3 million. It can be calculated by dividing the cost of the product by number of times it was sold. The correct option is C.

What is inventory management?

Inventory management is the practice of organizing the inventory of a business in a manner that maximizes profits. It refers to the process of managing the items that a company sells or uses in its operations, including raw materials, finished goods, and work-in-progress items.

Determining the average inventory value of a product is an essential part of inventory management as it helps the company optimize inventory levels and reduce costs. The formula for calculating the average inventory value is as follows:

Average inventory value = (Cost of goods sold/ Number of times the product was sold) × (Inventory turnover)

The product experienced five turns last year and had an annual sales volume of $15 million, we can calculate the average inventory value as follows:

Inventory turnover = (Annual sales volume/ Average inventory value)

5 = ($15 million / Average inventory value)

Average inventory value = $15 million / 5 = $3 million

Therefore, the average inventory value for the product last year was $3 million. Hence, the correct option is C.

Learn more about Inventory management here:

https://brainly.com/question/26533444

#SPJ11

HELP PLS

In the hospitality and tourism industry, assets are

A) areas that are off limits to guests such as managerial offices or staff room areas

B) when more rooms, seats, or tickets than available are booked to offset guests who do not show up

C) reasons to visit an area such as attractions, restaurants, and hotels in a specific region

D) when guests are offered a better room, seat, or situation than what they booked

Answers

Answer:

C

Explanation:

The metaphor for an invisible barrier preventing women and minorities from being promoted to top executive jobs is called the
a.) immovable barrier
b.) glass ceiling
c.) discrimination wall.
d.) invisible door
e.) steel curtain

Answers

The metaphor for an invisible barrier preventing women and minorities from being promoted to top executive jobs is called the "B) glass ceiling".

The term "B) glass ceiling" refers to a difficult-to-see barrier that prohibits women and minorities from advancing to senior management positions. These obstacles may be undetectable or hard to describe, making it difficult for women and minority workers to make sense of the discriminatory forces that are impeding their progress.

In business organizations, the glass ceiling is seen as a challenge that women and minority employees must face in order to succeed in high-level positions. Women and people of color are underrepresented in top management positions, which is seen as evidence that they have a more difficult time breaking through the ceiling. Although the glass ceiling has been identified as a major problem for women and people of color in the United States, its existence and magnitude are not yet fully understood. Some researchers argue that the concept of the glass ceiling is too broad and vague to be effective in guiding policy or practice.

The primary cause of the glass ceiling is bias, which can take many forms. Women and people of color are often given fewer opportunities to participate in decision-making, and they may not receive the same level of support and encouragement as their male and white counterparts. Another issue is that women and people of color are often given roles that are less critical or less influential, which limits their ability to gain experience and demonstrate their leadership abilities. Discrimination also occurs in hiring, promotions, and performance evaluations, with women and people of color receiving less favorable evaluations and less pay for the same work.

In order to break the glass ceiling, a concerted effort is required on many fronts. The following are some of the ways to break the glass ceiling:

Support women and minority employees at all levels of the organization, including mentoring and sponsorship programs.Encourage diversity in the hiring process, including diverse search committees, job postings, and outreach to underrepresented groups.Provide equal opportunities for promotion and advancement, including performance evaluations that are objective and unbiased.Reduce the impact of unconscious bias in decision-making by providing training and awareness-building activities for managers and employees.Provide flexible work arrangements to accommodate the needs of working parents and caregivers, including flexible schedules and remote work options.Limit the extent of occupational segregation by encouraging women and people of color to enter fields that are underrepresented by their respective groups.

For similar question on "Glass Ceiling" :

https://brainly.com/question/7282340

#SPJ13

oasis co., a u.s. shareholder, owns 100% of shack co. and 100% of studio co., both cfcs. shack co. has $300,000 of gross income, of which $50,000 is effectively connected income, and $30,000 is interest expense without any allocable interest income. shack co. has $500,000 of machinery used in its trade or business. studio co. has a $150,000 loss and machinery worth $1,000,000 used in its operations. a. what is gilti for oasis co.?

Answers

The GILTI inclusion amount for Oasis Co. is $198,000 ($220,000 for Shack Co. minus the 10% deemed return on the aggregate QBAI of $1,500,000 for both CFCs). GILTI stands for Global Intangible Low-Taxed Income.

How to calculate GILTI for Oasis Co.?

GILTI stands for Global Intangible Low-Taxed Income, which is a tax on certain foreign income earned by US shareholders of Controlled Foreign Corporations (CFCs).To calculate GILTI for Oasis Co., we first need to determine the tested income of each CFC. For Shack Co., the tested income is the sum of its gross income ($300,000) minus deductions allocable to that income (interest expense of $30,000). This gives a tested income of $270,000.

Next, we need to calculate the net deemed tangible income return (NDTIR) for each CFC. This is the amount of income that exceeds a deemed return on the tangible assets of the CFC. The deemed return is calculated as 10% of the qualified business asset investment (QBAI) of the CFC. QBAI is the average of the aggregate adjusted bases in the tangible property used in the CFC's trade or business, determined at the close of each quarter of the CFC's taxable year.

For Shack Co., the QBAI is $500,000 (the value of its machinery used in its trade or business). Therefore, the deemed return is $50,000 (10% of $500,000). The NDTIR is the excess of tested income over the deemed return, which is $220,000 ($270,000 - $50,000).

Finally, we need to calculate the GILTI inclusion amount for Oasis Co. This is the sum of the NDTIR for all CFCs owned by Oasis Co., reduced by a 10% deemed return on the aggregate QBAI of all CFCs. For Studio Co., there is no GILTI inclusion amount because it had a net loss.

To know more business, visit:

https://brainly.com/question/29803660

#SPJ1

a share of stock is now selling for $70. it will pay a dividend of $8 per share at the end of the year. its beta is 1. what must investors expect the stock to sell for at the end of the year? assume the risk-free rate is 4% and the expected rate of return on the market is 15%

Answers

The expected stock price at the end of the year is $86.56.

This is calculated by adding the dividend of $8 to the present stock price of $70 and then applying the capital asset pricing model (CAPM). The CAPM takes the risk-free rate of 4%, the stock's beta of 1, and the expected rate of return on the market of 15% into account.

By using these figures, the expected rate of return on the stock is 11% (R = 4% + 1*(15% - 4%)).

When the expected rate of return of 11% is applied to the stock's current price of $70, we get an expected stock price of $86.56 ($70 + $8/(1+R)). Therefore, investors can expect the stock to sell for $86.56 at the end of the year.

To know more about stock price click on below link:

https://brainly.com/question/8643003#

#SPJ11

what are the two determinants of the growth rate in dividends? group of answer choices the earnings yield and operating margin the retention rate and return on equity the discount rate and the equity multiplier the interest rate and the current ratio

Answers

The two determinants of the growth rate in dividends are the earnings yield and the operating margin. The earnings yield is a measure of the profitability of a company and is calculated as the annual earnings divided by the market capitalization of the company.

This gives an indication of the amount of money the company is making for each dollar invested in the business. The operating margin is a measure of the efficiency of the company's operations and is calculated as the net income divided by the total sales.

This gives an indication of how much money the company is making for each dollar of sales. Both of these measures are important indicators of how well the company is doing and how much potential there is for dividend growth. Together, they provide an indication of the expected growth rate in dividends.

Know more about growth rate here

https://brainly.com/question/13870574#
#SPJ11

freetown corporation budgeted fixed manufacturing costs of $34,000 during 2020. other information for 2020 includes: the budgeted denominator level is 2,400 units. units produced total 1,500 units. units sold total 1,300 units. beginning inventory was zero. the company uses absorption costing and the fixed manufacturing cost rate is based on the budgeted denominator level. manufacturing variances are closed to cost of goods sold. the production-volume variance is: (round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.)

Answers

The production-volume variance is $2,834.

The production-volume variance is calculated as follows:

Budgeted fixed manufacturing cost rate per unit = Budgeted fixed manufacturing costs / Budgeted denominator level

= $34,000 / 2,400 units

= $14.17 per unit

Actual fixed manufacturing cost = Budgeted fixed manufacturing cost rate per unit x Units produced

= $14.17 per unit x 1,500 units

= $21,255

Fixed manufacturing cost applied to units produced = Budgeted fixed manufacturing cost rate per unit x Units sold

= $14.17 per unit x 1,300 units

= $18,421

Production-volume variance = Actual fixed manufacturing cost - Fixed manufacturing cost applied to units produced

= $21,255 - $18,421

= $2,834

Learn more about manufacturing  at: https://brainly.com/question/13440987

#SPJ11

A dairy queen in moorhead, ___ opens every year on march 1st, regardless of the weather.

Answers

A Dairy Queen in Muirhead, Main Avenue and 8th Street opens every year on March 1st, regardless of the weather.

The Dairy Queen is a brand having a chain of multiple outlets across the world. As the name suggests, Dairy Queen deals in milk and milk products, and other daily needs. One of its stores in Muirhead's Main Avenue and 8th Street is kept open on March 1st, every year, no matter how good or bad the weather is on that day. Thus, it may be concluded to state that Dairy Queen holds a good amount of significance in the city of Muirhead.

Learn more about Dairy Queen here:

https://brainly.com/question/30504133

#SPJ4

Complete question

Fill in the blanks

A Dairy Queen in Muirhead, ___ opens every year on March 1st, regardless of the weather.

theo will deposit $3,500 in an account one year from today, an additional $6,500 two years from today, and $9,000 three years from today. if the account earns 7.35 percent per year, compounded annually, what will his account balance be 14 years from today?

Answers

If the accοunt earns 7.35 percent yearly, cοmpοunded annually, Theο's accοunt balance in 14 years will be $40,306.05.

What dοes 10% yearly cοmpοund mean?  

Fοr instance, if yοu had $100 and received 10% interest year, yοur tοtal yearly incοme wοuld be $10. Yοu wοuld have $110 at the end οf the year: the οriginal $100 plus $10 in interest.

We may apply the calculatiοn fοr the future value οf an annuity tο get the accοunt balance in 14 years:

[tex]$F V=P M T x((1+r)^{n}-1)/r$[/tex]

where:

FV = future value

PMT = periοdic payment

r = interest rate per periοd

n = number οf periοds

In this case, we can break dοwn the payments as fοllοws:

PMT1 = $3,500 tο be paid in οne year

PMT2 = $6,500 tο be paid in twο years

PMT3 = $9,000 tο be paid in three years

Using the fοrmula, we can calculate the future value οf each payment:

[tex]FV1 = $3,500 x (1 + 0.0735)^{13} = $7,641.75[/tex]

[tex]FV2 = $6,500 x (1 + 0.0735)^{12} = $13,795.32[/tex]

[tex]FV3 = $9,000 x (1 + 0.0735)^{11} = $18,869.98[/tex]

Then, we can sum up the future values tο get the tοtal accοunt balance:

[tex]FV = FV1 + FV2 + FV3 = $7,641.75 + $13,795.32 + $18,869.98 = $40,306.05[/tex]

To know more about interest  visit:-

https://brainly.com/question/30393144

#SPJ1

the imposition of a domestic content requirement by the united states would cause consumer surplus for americans to

Answers

The imposition of a domestic content requirement by the United States would cause an increase in consumer surplus for Americans.

This is because domestic content requirements mandate that certain goods are produced domestically, rather than imported, which could reduce costs and increase quality.

As a result, American consumers would benefit from the increased competition and lower prices.

The increased competition would also mean increased jobs and wages, resulting in further benefits to the US economy.

To know more about consumer surplus click on below link:

https://brainly.com/question/29566756#

#SPJ11

which of the following statements about the classification of obligations expected to be refinanced? note: select all that apply. check all that apply under ifrs, liabilities payable within the coming year are classified as long-term liabilities only if refinancing is completed before the balance sheet date. under ifrs, liabilities payable within the coming year are classified as long-term liabilities only if refinancing is completed before the balance sheet date. under ifrs, liabilities payable within the coming year cannot be classified as long-term liabilities even if refinancing is completed before the balance sheet date. under ifrs, liabilities payable within the coming year cannot be classified as long-term liabilities even if refinancing is completed before the balance sheet date. under u.s. gaap, liabilities payable within the coming year are classified as long-term liabilities if refinancing is completed before the date of issuance of the financial statements. under u.s. gaap, liabilities payable within the coming year are classified as long-term liabilities if refinancing is completed before the date of issuance of the financial statements. under u.s. gaap, liabilities payable within the coming year cannot be classified as long-term liabilities even if refinancing is completed before the date of issuance of the financial statements.

Answers

Under IFRS, liabilities payable within the coming year are classified as long-term liabilities only if refinancing is completed before the balance sheet date. Therefore, the correct statements are the first, fourth, fifth, and seventh.

In finance and accounting, liabilities refer to any financial obligations or debts that an individual, business, or organization owes to others. These can include things like loans, accounts payable, accrued expenses, and other debts that must be repaid in the future.

Liabilities can be short-term, such as a credit card balance that must be paid off within a few weeks or months, or long-term, such as a mortgage that may take decades to pay off. They are usually listed on a company's balance sheet and can be used to evaluate its financial health and solvency.

Learn more about Liabilities: brainly.com/question/14921529

#SPJ11

which of the following statements about erosion impact on incremental cash flows is most correct? synergies increase incremental sales synergies have no impact on operating cash flows synergies decrease incremental taxes synergies decrease incremental variable costs

Answers

The statement about erosion impact on incremental cash flows that is most correct is: synergies decrease incremental variable costs.

What is erosion?

Erosion refers to the natural process by which soil and rock are broken down, transported, and eventually deposited in a different location. Erosion can have a significant impact on incremental cash flows, which is the increase or decrease in cash flow generated by a particular decision or project.

What are synergies?

Synergies refer to the additional benefits that result from combining two or more separate entities. In the context of incremental cash flows, synergies can either increase or decrease various costs or revenues associated with a project or decision.

The impact of synergies on incremental cash flows depends on the specific nature of the synergies involved.The correct statement about erosion impact on incremental cash flows is that synergies decrease incremental variable costs. This means that if two entities combine, there may be an opportunity to reduce the variable costs associated with a particular project or decision.

To learn more about synergies here:

https://brainly.com/question/13945982

#SPJ11

Other Questions
46.4 g of unknown substance drops in temperature from 97.63 oC to 46.20 oC with a heat change of -1,292.05 J. What is the specific heat? Help me with this question melani is excited about her informative speech, it will be about the festival her hometown has every fall. her topic would best be described as which type of informative speech? when an imperial power allowed a territory to remain technically independent with local rules remaining in control the territory was called Plot the points (-8, 7) and (5, 7) on the coordinate plane below.What is the distance between these two points?units What prefix in collision tells you that this word involves things coming together? Given the diagram above, m2Z is:1801206030 Points Scored by TeamsTeam PointsA 30B 35C 20D 30E 15mean of points=____-21-26-22 Estimate the length of the hypotenuse. 57 C07 D KUP H which of the following statements describe the devops approach and process? select two. 1 point eliminates the need to monitor performance and availability eliminates the need to provision servers, build middleware, and install application code a collaborative approach where business owners and development, operations, and quality assurance teams collaborate to continuously deliver software devops process defines how people work together to build, deploy, and manage applications in a cloud native environment Ines's younger brother will be home in a half hour. If her garden hose flows at a rate 24 gal/min, does she have enough time to fill the pool before he gets home? Explain. Please help with number 3!! Thank you so much! question content areain 2022, joanne invested $90,000 for a 20% interest in a limited liability company (llc) in which she is a material participant. the llc reported losses of $340,000 in 2022 and $180,000 in 2023. joanne's share of the llc's losses was $68,000 in 2022 and $36,000 in 2023. how much of these losses can joanne deduct? a sample of 4 different calculators is randomly selected from a group containing 16 that are defective and 30 that have no defects. what is the probability that at least one of the calculators is defective? group of answer choices lumeris inc., an automobile manufacturer, has an inflexible work schedule and requires its workers to work nine hours a day and six days a week. its laborers do not have adequate skills to perform their job efficiently. the inflexible work schedule and inadequate labor skills are examples of . question 22 options: physical constraints nonphysical constraints bottleneck activities work orders How is the cutting down of kites a metaphor for how Malala feels about her future? the demand for calculus textbooks is inelastic. which statement would explain this phenomenon? group of answer choices many alternative textbooks can be used as substitutes. students have a lot of time to adjust to price changes. textbook purchases consume a large portion of most students' income. textbooks are a necessity for most students. What did you create? What functional purpose does the piece have? How did you design the piece? What decisions did you have to make about its design (such as what materials you could use, etc.)? What were the challenges in making the piece both functional and artistic? How did you make this functional piece into a piece of art? What tools or materials did you use? What inspired your artistic design? what does a filled-in symbol in a pedigree indicate? calculate the electrical power that is dissipated in a parallel circuit by an 10.0 ohm resistor with a potential difference of 14 volts across it.