Answer: A. Limited partner in a limited partnership
Explanation: Manny would best serve the role of a limited partner in a limited partnership. A limited partnership as a type of partnership has at least one general partner who manages the business from day-to-day and at least one limited partner who invests money in exchange for shares in the partnership, has restricted rights in the business, and no management role in the business. That is to say that Manny's involvement in the partnership is limited to providing capital to the business.
Answer:
a. What is owners’ equity for 2018 and 2019?
owners' equity 2018 = $8,435
owners' equity 2019 = $7,381
b. What is the change in net working capital for 2019?
-$463
c-1. In 2019, the company purchased $8,038 in new fixed assets. The tax rate is 23 percent. How much in fixed assets did the company sell?
net capital spending = $14,511 - $14,060 + $3,885 = $4,336
net capital spending = fixed assets purchased - sold
$4,336 = $8,038 - fixed assets sold
fixed assets sold = $3,702
c-2. What is the cash flow from assets for the year?
operating cash flow = EBIT + depreciation - taxes = $18,593 + $3,885 - $4,276 = $18,202
cash flow from assets = operating cash flow - change in net working capital - net capital spending = $18,202 - (-$463) - $4,336 = $14,329
d-1. During 2019, the company raised $2,479 in new long-term debt. What is the cash flow to creditors?
new long term debts = $8,419 (2019) - $7,377 (2018) = $1,042
cash flow form creditors = new long term debts - interests = $1,042 - $995 = $47
d-2. How much long-term debt must the company have paid off during the year?
new long term debts = new debt - retired debt
$1,042 = $2,479 - retired debt
retired debt = $2,479 - $1,042 = $1,437
a)The owners' equity for 2018 and 2019 is $8,435 and $7,381. b) The change in net working capital for 2019 is $463. c-1) The fix assets sell are $3,702, c2-The cash flow from assets for the year is $14,329. d-1)The cash flow to creditors is $47 and d-2)The long-term debt that the company must have paid off during the year is $1,437.
a)owners' equity 2018 = $8,435 owners' equity 2019 = $7,381
b. The change in net working capital for 2019 is $463
c-1. The company purchased $8,038 in new fixed assets. The tax rate Is 23 percent. The fixed assets sold are:
net capital spending $14,511 $14,060+ $3,885-$4,336
net capital spending = fixed assets purchased-sold
$4,336 $8,038-fixed assets sold
fixed assets sold = $3,702
c-2. The cash flow from assets for the year is:
operating cash flow - EBIT + depreciation-taxes = $18,593 +$3,885- $4,276 $18,202
cash flow from assets = operating cash flow-change in net working capital- net capital spending $18,202 (-$463)-$4,336 $14,329
d-1. During 2019, the company raised $2,479 in new long-term debt. The cash flow to creditors is:
new long term debts = $8,419 (2019) - $7,377 (2018) = $1,042 cash flow form creditors = new long term debts interests $1,042 - $995 = $47
d-2. The long-term debt that the company must have paid off during the year is:
new long term debts = new debt-retired debt $1,042 $2,479 - retired debt
retired debt = $2,479 - $1,042 = $1,437
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cash from the company
team member skills
problems the team encounters
the finished product
According to the project resources that can be managed are buildings the company owns, cash from the company, and team member skills.
Project resources are components required for the proper completion of a project.
They include people, equipment, money, time, and knowledge - in short, whatever you would need from project planning through project delivery.
These are divided into three categories: work, materials, and expenses.
The project manager defines resource needs to determine the resources required to complete the project's task.
Therefore, the correct option is as follows:
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Answer: 1,2,3
Explanation:
Answer:
(A) realize financial rewards.
Explanation:
In theory (textbook) the no.1 reason that people become entrepreneurs is to achieve maximum return. The concept of higher risk, higher return is the key here. Business as compared to Services and Profession, has the highest risk thereby giving the best returns out of the three.
However, in practicality people adopt business to pursue their own ideas, gain prestige, be their own boss, continue a family tradition and also to realize financial rewards.
Answer:
If all the given description follows then:
You are a proponent of the WEAK form of the EMH.
Explanation:
Here, it has been given that:
I am believing that stock prices can reflect or show all the information about it which can be derived by examining the data related to it
i.e. The market trading data
This market trading data depicts the stock prices at the present and also the past values of all the stock prices. It also contains short interests, trading volume.
But i in this case doesn't think that its all correct as i think that the stock prices will reflect all the information's publicly and all the information's related to it fro the inside.
So, If all the given description follows then:
You are a proponent of the WEAK form of the EMH.
Weak form of EMH: The EMH weak form's depicts or supposes that the prices of the stock prices and their current values get reflected in full form.
Also allows to present all the security information of it.
It consists of all the present and current data and also the data related to the volume which have no connection with the information in future direction of the prices of security.
Answer:
Revenue= $503,538.46
Explanation:
Giving the following information:
In 2019, X Company's profit function was 0.31R - $89,000, where R is revenue. In 2020, the relationship between revenue and variable costs will not change, but fixed costs will increase by $16,020.
Tax rate= 35%
Desired profit= 33,200
X= 0.31R - (89,000+16,020)= 0.31R - 105,020
We need to incorporate the effect of the tax rate:
X= [(0.31R - 105,020)*(1-t)]
33,200= [(0.31*R) - 105,020]*(1-0.35)
33,200/0.65= 0.31R - 105,020
51,076.92 + 105,020= 0.31R
503,538.46= R
Answer:
Direct Labor Rate Variance = $950
Direct Labor Efficiency Variance = $600
Total Direct Labor Spending Variance = $1,550
Explanation:
Data provided in the question:
Standard labor cost per unit = $12
Direct labor hours = 1,900
Actual Direct labor paid = $21,850
Units sold during the month = 1,950
Standard rate, SR = $12
Now,
Actual rate per unit, AR = $21,850 ÷ 1,900
= $11.5
Direct Labor Rate Variance = ( SR - AR ) × Actual hours
= ( $12 - $11.5 ) × 1900
= $950 ( Favourable )
Direct Labor Efficiency Variance = ( Standard hours - Actual hour ) × SR
= ( 1950 - 1900 ) × $12
= $600 ( favourable )
Total Direct Labor Spending Variance = Standard cost - actual cost
= ( 1950 × 12 ) - 21,850
= $1,550 (favourable )
To calculate the direct labor rate variance, multiply the standard labor rate per hour by the actual labor hours and subtract the actual labor cost. To calculate the efficiency variance, multiply the standard labor rate per unit by the difference between the actual units produced and the standard units allowed. To calculate the spending variance, multiply the standard labor rate per unit by the difference between the actual labor cost and the budgeted labor cost.
To calculate the direct labor rate variance, we multiply the standard labor rate per hour by the actual labor hours and subtract the actual labor cost. In this case, the standard labor rate per unit is $12, so the actual labor rate is $12. To calculate the efficiency variance, we multiply the standard labor rate per unit by the difference between the actual units produced and the standard units allowed. In this case, the standard units allowed is 1,900 and the actual units produced is 1,950. To calculate the spending variance, we multiply the standard labor rate per unit by the difference between the actual labor cost and the budgeted labor cost. In this case, the budgeted labor cost is $12 per hour and the actual labor cost is $21,850.
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