If tax revenue is given by the following function: REV(t)=t×w×(h-l(t)), where t is the labor tax rate, w is the wage rate, h is the maximum amount of time available to the household, and l(t) is leisure as an increasing function of the tax rate i.e. if the labor tax rate t increases, leisure increases, so that individuals work less. Assume that l(t)=min[h,t²]. This simply means that leisure cannot exceed h which is the maximum amount of time available. Find the tax rate that maximizes the tax revenue when h=1, w=$5. Be precise and report 4 digits after the decimal point.

1.Unearned Revenues are classified as a(n)  *

Revenue

Expense

Current liability

Current asset

2.Beng Company has 30,000 shares of $1 par common stock issued and outstanding. The company also has 5,000 shares of $100 par 5% noncumulative preferred stock outstanding. The company did not pay the preferred dividends in 2017, 2018 and 2019. On December 1, 2020, the company’s board of directors declared that $150,000 will be paid as dividend on January 17, 2021. What amount of dividends must the company pay the preferred shareholders? *

$100,000

$75,000

$50,000

$25,000

3.Beng Company has 30,000 shares of $1 par common stock issued and outstanding. The company also has 5,000 shares of $100 par 5% noncumulative preferred stock outstanding. The company did not pay the preferred dividends in 2017, 2018 and 2019. On December 1, 2020, the company’s board of directors declared that $150,000 will be paid as dividend on January 17, 2021. What amount of dividends would common stockholders earn?  *

$200,000

$150,000

$125,000

$100,000

4.A large stock dividend is defined as *

more than 20–25% of the corporation's issued stock

less than 30% but greater than 25% of the corporation's issued stock

between 50% and 100% of the corporation's issued stock

more than 30% of the corporation's issued stock

Discuss a Business Canvas Model of Apple Watch.The analysis should include these metrics.Value Proposition.Customer Relationships,Customer Segments,Channels,Revenue Streams,Key Resources,Key Partners,Key Activities,and Cost Structure.

Big Joe’s Super Cars, Present Value (Revised Revenue Guidance) Big Joe’s Super Cars has just sold a luxury car to customer Tim. The purchase contract establishes a base price of $60,000, plus a contractual interest rate of 4%, payable in 60 monthly installments of $1,105. Control of the car transferred to Tim when Tim signed the contract and drove off the lot. If Tim had obtained separate financing (say, a bank loan) for the purchase of the car, his interest rate would have been 6%. What amount of revenue should Big Joe’s record at the date of sale? What guidance should Big Joe’s apply to the subsequent measurement of its receivable? Next, reflect upon what measurement attribute is being used to record Big Joe’s revenues. How does this approach achieve the objective of this measurement attribute? Hint: This example will require you to perform computations. You might find it useful to use Microsoft Excel’s formula options: PMT and PV. Excel walks you through how to input numbers into each formula. What is the authoritative guidance in the FASB Codification

Hickory's management is deciding whether to keep or drop the parquet product line. Hickory's parquet flooring product line has a contribution margin of $50,000 (sales of $300,000 less total variable costs of $250,000). All variable costs are relevant.

Relevant fixed costs associated with this line include 80% of parquet's machine rent and all of parquet's supervision salaries. In addition, assume that dropping the parquet product line would reduce sales of the strip line by 27% and sales of the plank line by 20%. All other information remains the same.

1. If the parquet product line is dropped, what is the contribution margin for the strip line?

2. Which alternative (keep or drop the parquet product line) is now more cost effective and by how much?

Keep by: $

Show work to solve

Cashflow

NVP

Payback

IRR

A profit-maximizing monopolist operates with an inverse demand curve P = 20 − Q and an associated marginal revenue MR = 20 − 2Q. Marginal cost of production is constant at MC = 4. Assume they have to sell each unit of output for the same price.

a) Find the monopolist’s optimal choice of output and the socially efficient output.

b) Sketch demand, marginal revenue, and marginal cost. Indicate on your diagram the points you found in part a).

c) What is the amount of deadweight loss at the monopolist’s optimal choice? If a buyer is willing to pay more than marginal cost for the next unit beyond the monopolist’s choice of output, why doesn’t the monopolist choose to produce and sell that unit?

Which is the most accurate method of the decomposition methods used for the following data set.
Additive with seasonal only, Additive with trend plus seasonal , Multiplicative with seasonal only ,Multiplicative with trend plus seasonal