Ford Motor Company is considering launching a new line of Plug-in Electric SUVs. The heavy advertising expenses associated with the new SUV launch would generate operating losses of $35 million next year. Without the new SUV, Ford expects to earn pre-tax income of $80 million from operations next year. Ford pays a 30% tax rate on its pre-tax income.The amount that Ford Motor Company owe in taxes next year without the launch of the new SUV is closest to:

A) $24.0 million
B) $56.0 million
C) $31.5 million
D) $13.5 million

The amount that Ford Motor Company owe in taxes next year with the launch of the new SUV is closest to:

A) $13.5 million
B) $31.5 million
C) $56.0 million
D) $24.0 million

Answers

Answer 1
Answer:

Answer:

(a) Option (A) is correct.

(b) Option (A) is correct.

Explanation:

Given that,

With the new SUV launch,

Generate operating losses = $35 million next year

Without the new SUV,

Expects to earn pre-tax income = $80 million from operations next year

Tax rate on its pre-tax income = 30%

(a) The amount that Ford Motor Company owe in taxes next year without the launch of the new SUV is closest to:

= Expected pre-tax income × Tax rate on its pre-tax income

= $80 Million × 30%

= $24 Million

(b) The amount that Ford Motor Company owe in taxes next year with the launch of the new SUV is closest to:

= ( Expected pre-tax income - operating losses) × Tax rate on its pre-tax income

= ($80 Million - 35 Million) 30%

= $13.5 Million

Answer 2
Answer:

Final answer:

If Ford does not launch the new Plug-in Electric SUV, it will owe $24 million in taxes. However, if the new SUV is launched, its tax obligation decreases to $13.5 million due to the operating losses reducing pre-tax income.

Explanation:

If Ford Motor Company does not launch the new SUV, its pre-tax income would be $80 million. Given that the tax rate is 30%, the taxes owed would be 30% of $80 million, which equals $24 million, so the correct answer is option A) $24.0 million.

However, if the company does decide to launch the new SUV, it would incur operating losses of $35 million. This would reduce the pre-tax income to $80 million - $35 million, which is $45 million. The taxes would then be 30% of $45 million, which equals $13.5 million, so for this scenario, the correct answer is D) $13.5 million.

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Sauder Corporation reports the following information: Net income $380,000 Depreciation expense 70,000 Increase in accounts receivable 30,000 Sauder should report cash provided by operating activities of A. $340,000. B. $280,000. C. $420,000. D. $480,000.

Answers

Answer: D. $480,000.

Explanation: OCF ( operating cash flow) is usually calculated using the following formula: Operating Cash Flows = Net income + Noncash Expenses ( Depreciation Expense) + Changes in Working Capital.

Net income =$380,000

Depreciation = $70,000

Increase in accounts = $30,000

OCF = $380,000 + $70,000 + $30,000

= $480,000

Answer:

Cashflow statement gives the true state of affairs of a business with respect to cash and cash equivalent. Whereas a company may report good profit, it may be running an unhealthy business because of its poor management of cash resources. As a result, such a business may run into troubles.

Cash from operating Activities is a healthy way of evaluating the core operations of the business, to make good investment judgment around the profit reported.

Net Income = $380,000

Add Depreciation (non- cash expense) = $70,000

Deduct Increase in Accounts receivables (non-cash income) = $30,000

Cash from operations = $420,000.

If the government wants to reduce GDP by $500 million, the most appropriate action is: contractionary fiscal policy, which includes a reduction in government spending by $500 million.
contractionary fiscal policy, which includes a reduction in government spending by more than $500 million.
contractionary fiscal policy, which includes a reduction in government spending by less than $500 million.
expansionary fiscal policy, which includes an increase in government spending by $500 million.
expansionary fiscal policy, which includes an increase in government spending by more than $500 million.
expansionary fiscal policy, which includes an increase in government spending by less than $500 million.

Answers

Answer:

The correct answer is the first option: contractionary fiscal policy, which includes a reduction in government spending by $500 million.

Explanation:

On one hand, Gross Domestic Product, or GDP, is the name given in the field of economics, to the term that refers to a monetary measure of the market value of all the goods and services that are produced in the economy of a country in an specific time period of evaluation.  

On the other hand, a contractionary fiscal policy indicates the fact of reducing the amount of money spent in the economy, therefore that the main focus of this type of policy is to try to lower the public expenditure basically.  

Therefore that it is understandable that the correct answer is the first option where the action would be of reducing the government spending by $500 million, according to what the question ask.

We can now say that Lacey has an ______________ for her position.

Answers

Answer:

admiration ????

Explanation:

An important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is: Multiple Choice Target income analysis.
Cost-volume-profit analysis.
Least-squares regression analysis.
Variance analysis.
Process costing.

Answers

Answer:

Cost volume profit Analysis

Explanation:

Cost volume profit Analysis is a tool which depicts the relationship between level of activity, revenue , cost and profit. It is an important tool adopted by accountants to help carry out any of the following analyses:

Break-even point - The level of activity to achieve a zero profit. Where no profit or loss is made .

Target profit Analysis; The level of activity to be that would he;p achieve a specific amount of profit

Margin of safety - To determine the amount by which budgeted sales exceeds the break-even sales

Garfun, Inc., owns all of the stock of Simon, Inc. For 2014, Garfun reports income (exclusive of any investment income) of $480,000. Garfun has 80,000 shares of common stock outstanding. It also has 5,000 shares of preferred stock outstanding that pay a dividend of $15,000 per year. Simon reports net income of $290,000 for the period with 80,000 shares of common stock outstanding. Simon also has a liability for 10,000 of $100 bonds that pay annual interest of $8 per bond. Each of these bonds can be converted into three shares of common stock. Garfun owns none of these bonds. Assume a tax rate of 30 percent.What amount should Garfun report as diluted earnings per share? (Round your intermediate percentage value to the nearest whole number and the final answer to 2 decimal places.)

Answers

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Final answer:

The diluted earnings per share for Garfun, Inc. considering the income and preferred dividends, the income from Simon, Inc. given the tax rate, and the potentially diluted convertible bonds from Simon, Inc., it comes out to be $6.58.

Explanation:

Calculating diluted earnings per share (EPS) involves accounting for any securities or methods that could potentially dilute the EPS, such cy as convertible bonds. In this scenario for Garfun, Inc., first, we need to address Garfun's net income (exclusive of investment income). This is given as $480,000. However, they pay preferred dividends of $15,000, which are subtracted from net income when calculating EPS, so we’ll use $465,000 as the income available to common stockholders.

Moving on to Simon, Inc., as Garfun owns all of the stock of Simon, the earnings of Simon will fully contribute to the diluted earnings of Garfun. Taking the reported net income of Simon ($290,000) and adjusting for the 30% tax rate, we get $203,000.

Furthermore, the potentially dilutive securities are the convertible bonds from Simon, Inc. These bonds can be converted into 30,000 shares of common stock ($100 bonds * 3). The interest paid for these convertible bonds, $80,000, is added back to the net income after being adjusted for the tax rate of 30% which is $56,000.

The total of earnings available for common stockholders for the diluted EPS calculation is, therefore $724,000 ($465,000 of Garfun’s net income + $203,000 of Simon’s net income + $56,000 interest on Simon’s bonds adjusted for tax). We also need to account for all the common stocks where earnings will be distributed. This amounts to 110,000 shares (80,000 of Garfun’s shares + 30,000 shares of Simon’s bonds). Hence, the diluted EPS is $6.58 ($724,000 / 110,000).

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When a manager treats employees as lazy, unmotivated, and in need of tight supervision, the employees eventually meet the manager's expectations by acting that way. According to Douglas McGregor, this is known as a(n)___________.

Answers

Answer:

A self-fulfilling prophecy.

Explanation:

A self-fulfilling prophecy -

It is the socio psychological phenomenon ,

According to the prediction is something which is person truly believes , and at last comes out to be true , is referred to as a self - fulfilling prophecy .

The action of the people is directly linked to their beliefs , i.e. , whatever is the belief of the people , the same is showcased in the action of the person.

Hence , from the given scenario of the question,

The correct term is A self-fulfilling prophecy.