Questions
20. What is the Government’s policy intent with respect to the earned income tax credit? What...

20. What is the Government’s policy intent with respect to the earned income tax credit? What are some of the key factors that determine the amount of the earned income tax credit? (Country United States)

In: Accounting

You need a new car and the dealer has offered you a price of $20,000, with...

You need a new car and the dealer has offered you a price of $20,000, with the following payment options: (a) pay cash and receive a $2000 rebate, or (b) pay a $5000 down payment and finance the rest with a 0% APR loan over 30 months. But having just quit your job and started an MBA program, you are in debt and you expect to be in debt for at least the next 2 1 2 years. You plan to use credit cards to pay your expenses; luckily you have one with a low (fixed) rate of 15% APR (monthly). Which payment option is best for you?

In: Finance

After earning an MBA, a student begins working on an $80,000 per year job on 9/1/18....

After earning an MBA, a student begins working on an $80,000 per year job on 9/1/18. She expects to receive a 5 percent raise each year until she retires on 9/1/48. If the cost of capital (i.e. interest rate she uses to discount future earnings to current dollars) is 8% per year and she is paid monthly, determine the total present value of her before tax earnings. Assume she is paid at the end of each month and each annual raise takes effect on Sept 1 each year. (answer is $1,521,144,67) In Excel functions

In: Accounting

This is all the instruction you need for this assignment. For LP04.2 paper, you will be...

This is all the instruction you need for this assignment. For LP04.2 paper, you will be demonstrating competence in your MBA in accounting field of study.

You must complete the assignment for your emphasis area in order to earn points for this assignment. Your paper must be at least 3 pages and include an introduction, the body of the paper, a conclusion and a reference page. In the body of your paper, you should

Discuss the effectiveness of delivering strategy in your field of accounting study and what was that strategy

Explore the results of each accounting decision round that strategy

How’s your accounting study go by a framework to implement new and innovative systems or practices?

In: Accounting

A Company sells two types of lawn mower – the fly-mo and the standard. The selling...

A Company sells two types of lawn mower – the fly-mo and the standard. The selling price of the Fly-mo is $188 and variable costs of $152.80. The Standard sells for $180 with the same variable cost.

Fixed costs are $255,840. The company sells the lawn mowers in equal proportions (i.e. in the same ratio).

1. What is break-even point in units (number of lawn mowers)?


2. What is break-even point in sales (in US$)?


3. Create a contribution income statement for break-even point.

In: Accounting

Looking at the various ways to protect assets in a business, choose which policy/procedure is the...

Looking at the various ways to protect assets in a business, choose which policy/procedure is the most important for your work and tell us why.

2. Have you ever been a customer and observed a situation where the company was not protecting it's assets? or an employee and your company overlooks asset protection? For example, inventory is not protected because there is no alarm for big ticket items at the main doors. Be specific on what needs to be done to correct the situation and why you find it a violation of asset protection.

In: Accounting

1.) Company Zeta bought new office furniture in the year 2000. The purchase cost was 62426...

1.) Company Zeta bought new office furniture in the year 2000. The purchase cost was 62426 dollars and in addition it had to spend 14941 dollars for installation. The furniture has been in use since April 21st, 2000. Zeta forecasted that in 2015 the office furniture would have a net salvage value of $1000. Using the US Accelerated Depreciation Schedule, estimate the value of depreciation recorded in the accounting books in the year 2004 if the company decided to sell the furniture on June 5th (of 2004). (note: round your answer to the nearest cent and do not include spaces, currency signs, or commas)

ANSWER: 3454.44

2.) Company Omega bought new petroleum refining equipment in the year 2000. The purchase cost was 174324 dollars and in addition it had to spend 14582 dollars for installation. The refining equipment has been in use since February 1st, 2000. Omega forecasted that in 2030 the equipment would have a net salvage value of $10,000. Using the US Straight Line Depreciation Schedule, estimate the value of depreciation recorded in the accounting books in the year 2004 if the company decided to sell the equipment on August 5th (of 2004). (note: round your answer to the nearest cent and do not include spaces, currency signs, or commas)

ANSWER: 9445.3

In: Accounting

Investor A makes a cash purchase of 200 shares of AB&C common stock for $60 a...

Investor A makes a cash purchase of 200 shares of AB&C common stock for $60 a share. Investor B also buys 200 shares of AB&C but uses margin. Each holds the stock for one year, during which dividends of $6 a share are distributed. Commissions are 3 percent of the value of a purchase or sale; the margin requirement is 60 percent, and the interest rate is 10 percent annually on borrowed funds.

A.

What is the percentage earned by investor A if he or she sells the stock after one year for $45? Round your answer to one decimal places.
%

What is the percentage earned by investor B if he or she sells the stock after one year for $45? Round your answer to one decimal places.
%

B.

What is the percentage earned by investor A if he or she sells the stock after one year for $60? Round your answer to one decimal places.
%

What is the percentage earned by investor B if he or she sells the stock after one year for $60? Round your answer to one decimal places.
%

C.

What is the percentage earned by investor A if he or she sells the stock after one year for $65? Round your answer to one decimal places.
%

What is the percentage earned by investor B if he or she sells the stock after one year for $65? Round your answer to one decimal places.
%

D.

What is the percentage earned by investor A if he or she sells the stock after one year for $75? Round your answer to one decimal places.
%

What is the percentage earned by investor B if he or she sells the stock after one year for $75? Round your answer to one decimal places.
%

Now the question changes

If the margin requirement had been 40 percent, what would have been the annual percentage returns?

A.

What is the percentage earned by investor A if he or she sells the stock after one year for $45? Round your answer to one decimal places.
%

What is the percentage earned by investor B if he or she sells the stock after one year for $45? Round your answer to one decimal places.
%

B.

What is the percentage earned by investor A if he or she sells the stock after one year for $60? Round your answer to one decimal places.
%

What is the percentage earned by investor B if he or she sells the stock after one year for $60? Round your answer to one decimal places.
%

C.

What is the percentage earned by investor A if he or she sells the stock after one year for $65? Round your answer to one decimal places.
%

What is the percentage earned by investor B if he or she sells the stock after one year for $65? Round your answer to one decimal places.
15% (I got this one right I am not sure how)

D.

What is the percentage earned by investor A if he or she sells the stock after one year for $75? Round your answer to one decimal places.
%

What is the percentage earned by investor B if he or she sells the stock after one year for $75? Round your answer to one decimal places.
%

Please show your work I want to learn this. Honestly if you just show me how to do the first few of both sections (part 1 &2) it would be greatly appreciated and help me learn this for my test later in the semester. Thanks.

In: Finance

A poll surveyed 341 video gamers, and 95 of them said they prefer playing games on...

A poll surveyed 341 video gamers, and 95 of them said they prefer playing games on a console, rather than a computer or hand-held device. An executive at a game console manufacturing company claims that the proportion of gamer who prefer consoles differs from 29%. Does the poll provide convincing evidence that the claim is true? Use the a= 0.05 level of significance and the P- method with the TI -84 Calculator.

In: Statistics and Probability

Manu works for an auto parts company in New York.

Manu works for an auto parts company in New York. He provides information and advice that are not available online to his clients, who are mainly small businesses like Briarcliff Auto. Manu provides credit to Briarcliff Auto, coordinates supplies of parts from several sources to Briarcliff Auto, delivers parts to Briarcliff Auto, and processes returns. Manu is a _______ 


a. marketer b. distributor c. businessmen d. reseller

In: Accounting