Answer:
Minimum selling price for the bond = $11350.38
Explanation:
Given - You have just purchased a municipal bond with a $10,000 par
value for $9,500. You purchased it immediately after the previous
owner received a semi-annual interest payment. The bond rate is
6.6% per year payable semi-annually. You plan to hold the bond for
4 years, selling the bond immediately after you receive the interest
payment. If your desired nominal yield is 3% per year compounded
semi-annually.
To find - What will be your minimum selling price for the bond?
Proof -
Formula for Bond value is -
Bond value = [tex]\frac{Coupon Amount}{( 1+ Interest rate)^{1} } + \frac{Coupon Amount}{( 1+ Interest rate)^{2} } + \frac{Coupon Amount}{( 1+ Interest rate)^{3} } + .....\frac{Coupon Amount}{( 1+ Interest rate)^{n} }[/tex]
As given,
Coupon Rate = 6.6%
⇒Coupon Rate for semi-annual = 3.3%
and hereby time period becomes double i.e 8 years.
Now,
Interest rate = 3%
For semi-annual , interest = 1.5%
Now,
Coupon amount = 10,000×3.3% = 330
Now,
Bond value = 330 ×PVIF(1.5% , 8) + 10,000×IVAF(1.5%, 8)
= 330×7.486 + 10,000×0.888
= 11350.38
∴ we get
Minimum selling price for the bond = $11350.38
Mazzeo Co. provided the following information on selected transactions during 2017: Purchase of land by issuing bonds $650,000 Proceeds from issuing stock 520,000 Purchases of inventory 950,000 Purchases of treasury stock 350,000 Loans made to affiliated corporations 175,000 Dividends paid to preferred stockholders 100,000 Proceeds from issuing preferred stock 210,000 Proceeds from sale of land 325,000 The net cash provided (used) by investing activities during 2017 is
Answer:
$150,000
Explanation:
Calculation to determine what The net cash provided (used) by investing activities during 2017 is
Using this formula
The net cash provided (used) by investing activities during 2017 =Proceeds from sale of land -Loans made to affiliated corporations,
Let plug in the formula
The net cash provided (used) by investing activities during 2017=$325,000-$175,000
The net cash provided (used) by investing activities during 2017= $150,000
Therefore The net cash provided (used) by investing activities during 2017 is $150,000
From the next year onwards, Colt Systems is estimated to have an EBIT of $15 million. It will also spend $6 million annually on total capital expenditures and increases in net working capital, and have $3 million in depreciation expenses. Colt is currently an all-equity firm with a corporate tax rate of 35% and a cost of capital of 10%. a) What is the market value of its equity today (assuming all cash flows are paid back to the equity holders at the end of each year)?
Answer: $67.5 million
Explanation:
Since we are given the information that all cash flows are paid back to the equity holders at the end of each year, the market value of its equity today will be:
= [EBIT × (1 - t) + Depreciation - Capital Expenditure - Change in Working capital] / (Cost of Capital - Growth rate)
= ($15 million(1 - 35%) + $3 million - $6 million) / 10%
= [$15 million (1 - 0.35) + $3 million - $6 million] / (10%
= ($15 million × 0.65) + $3 million - $6 million) / 0.1
= ($9.75 million + $3 million - $6 million)/0.1
= $6.75 million / 0.1
= $67.5 million
Paula Judge owns Judge Creative Designs. The trial balance of the firm for January 31, 2019, the first month of operations, is shown below. End-of-the-month adjustments must account for the following items: Supplies were purchased on January 1, 2019; inventory of supplies on January 31, 2019, is $1,600. The prepaid advertising contract was signed on January 1, 2019, and covers a four-month period. Rent of $2,100 expired during the month. Depreciation is computed using the straight-line method. The equipment has an estimated useful life of 10 years with no salvage value. Required: Complete the worksheet for the month. Prepare an income statement, statement of owner’s equity, and balance sheet. No additional investments were made by the owner during the month. Journalize and post the adjusting entries. Analyze: If the adjusting entries had not been made for the month, would net income be overstated or understated?
Question Completion:
Judge Creative Designs
Trial Balance as of January 31, 2019:
Account Titles Debit Credit
Cash $34,900
Accounts receivable 12,000
Supplies 6,550
Prepaid Advertising 6,000
Prepaid Rent 15,600
Equipment 40,800
Accumulated Depreciation 0
Accounts Payable 14,950
Capital account 59,400
Drawing account 6,400
Fees Income 58,100
Advertising Expense
Depreciation
Expense- Equipment
Rent Expense
Salaries Expense 9,100
Supplies Expense
Utilities Expense 1,100
Totals $132,450 $132,450
Answer:
Judge Creative Designs:
1. Adjusted Trial Balance as of January 31, 2019:
Judge Creative Designs
Trial Balance as of January 31, 2019:
Account Titles Debit Credit
Cash $34,900
Accounts receivable 12,000
Supplies 1,600
Prepaid Advertising 4,500
Prepaid Rent 13,500
Equipment 40,800
Accumulated Depreciation $340
Accounts Payable 14,950
Capital account 59,400
Drawing account 6,400
Fees Income 58,100
Advertising Expense 1,500
Depreciation
Expense- Equipment 340
Rent Expense 2,100
Salaries Expense 9,100
Supplies Expense 4,950
Utilities Expense 1,100
Totals $132,790 $132,790
2. Income Statement for the month ended January 31, 2019:
Fees Income $58,100
Advertising Expense $1,500
Depreciation
Expense- Equipment 340
Rent Expense 2,100
Salaries Expense 9,100
Supplies Expense 4,950
Utilities Expense 1,100
Total expenses 19,090
Net income $39,010
3. Statement of Owners' Equity for the month ended January 31, 2019:
Capital account $59,400
Net income 39,010
Drawing account (6,400)
Equity balance $92,010
4. Balance Sheet as of January 31, 2019:
Assets:
Cash $34,900
Accounts receivable 12,000
Supplies 1,600
Prepaid Advertising 4,500
Prepaid Rent 13,500
Equipment 40,800
Accumulated Depreciation (340)
Total assets $106,960
Liabilities + Equity:
Accounts Payable $14,950
Capital account 92,010
Total liabilities and equity $106,960
5. Adjusting Journal Entries:
1. Debit Supplies Expense $4,950
Credit Supplies $4,950
To record the supplies expense.
2. Debit Advertising Expense $1,500
Credit Prepaid Advertising $1,500
To record the advertising expense.
3. Debit Rent Expense $2,100
Credit Prepaid Rent $2,100
To record rent expense for the month.
4. Debit Depreciation Expense $340
Credit Accumulated Depreciation $340
To record depreciation expense for the month.
6. Total adjusting expenses = $8,890. The net income would have been overstated by $8,890.
Explanation:
a) Data and Adjustments:
1. Supplies Expense $4,950 Supplies $4,950 ($6,550 - $1,600) Balance $1,600
2. Advertising Expense $1,500 Prepaid Advertising $1,500 ($6,000/4) Balance $4,500
3. Rent Expense $2,100 Prepaid Rent $2,100 Balance $13,500 ($15,600 - $2,100)
4. Depreciation Expense $340 Accumulated Depreciation $340 ($40,800 * 10% * 1/12)
Madison Foods Corp. is frustrated in its efforts to sell products in Europe because several countries are demanding that the company label products in the specific language associated with the country. These demands are examples of a Multiple Choice trade obstacle. trademark. trade role. trade name.
Answer: Trade obstacle
Explanation:
From the information given, we can infer that the demands are examples of trade obstacle.
Trade obstacles refers to the barriers which hinder a trade or the restrictions on an international trade. Trade obstacles can be tariffs or other non-tariff methods. Trade obstacles lead to difficulties in the sale of a product to other countries.
The demand are example of Trade obstacle
What is a Trade obstacle?It means the barriers that should be hindered with respect to the trade or the restrictions that should be on international trade. It could be tariffs or it can be non-tariff methods. It result in difficulties for selling the product to the other countries.
Learn more about demand here: https://brainly.com/question/24741453
Tempest Enterprises began operations on January 1, 20x1, with all of its activities conducted from a single facility. The company's accountant concluded that the year's building depreciation should be allocated as follows: selling activities, 20%; administrative activities, 35%; and manufacturing activities, 45%. If Tempest sold 60% of 20x1 production during that year, what percentage of the depreciation would appear (either directly or indirectly) on the 20x1 income statement?
Answer:
100% will be included in the Income Statement
Explanation:
Always remember that the depreciation calculated for the accounting period can be apportioned as per the International Accounting Standard IAS 2, which says that expenses must be classified in a manner that results in the truth & fairness of the Financial Statements. This means that if depreciation calculated is $500 then the whole of this depreciation will be expensed out in the income statement. It's 20% might go to selling activities, 35% to administrative activities, and 45% to manufacturing activities.
But remember that the depreciation calculated for the accounting period would be expensed out by $500 in the income statement, for the period generated.Tatum Company has four products in its inventory. Information about the December 31, 2021, inventory is as follows: Product Total Cost Total Net Realizable Value 101 $ 136,000 $ 108,000 102 99,000 118,000 103 68,000 58,000 104 38,000 58,000
Required:
1. Determine the carrying value of inventory at December 31, 2021, assuming the lower of cost or net realizable value (LCNRV) rule is applied to individual products.
2. Assuming that inventory write-downs are common for Tatum Company, record any necessary year-end adjusting entry.
Answer:
Tatum Company
1. The carrying value of inventory at December 31, 2021, assuming the LCNRV rule is applied to individual products is:
= $ 303,000
2. Adjusting Journal Entry:
Debit Cost of Goods Good $38,000
Credit Inventory $38,000
To write-down the value of ending inventory.
Explanation:
a) Data and Calculations:
Product Total Cost Total Net Realizable Value LCNRV
101 $ 136,000 $ 108,000 $ 108,000
102 99,000 118,000 99,000
103 68,000 58,000 58,000
104 38,000 58,000 38,000
Total $ 341,000 $ 342,000 $ 303,000
Write-down:
Cost of inventory = $341,000
LCNRV of inventory 303,000
Inventory write-down $38,000
Drivers must stop at red lights so that they do not get in car accidents. This is an example of
how rules create order.
a code of ethics.
O a mission statement.
O how rules are overreaching.
Answer:
A - How rules create order
Explanation:
Answer:
how rules create order
Explanation:
Pina Corp. enters into a contract with a customer to build an apartment building for $921,300. The customer hopes to rent apartments at the beginning of the school year and provides a performance bonus of $156,000 to be paid if the building is ready for rental beginning August 1, 2021. The bonus is reduced by $52,000 each week that completion is delayed. Pina commonly includes these completion bonuses in its contracts and, based on prior experience, estimates the following completion outcomes: Determine the transaction price for the contract, assuming Pina has limited information with which to develop a reliable estimate of completion by the August 1, 2021, deadline.
Question Completion:
Completed by August 1, 2021 August 8, 2021 August 15, 2021 After August 15, 2021 Probability 70 % 20 6 4.
Answer:
Pina Corp.
The transaction price for the contract, assuming Pina has limited information with which to develop a reliable estimate of completion by the August 1, 2021, deadline is:
= $921,300.
Explanation:
Data and Calculations:
Completed by Probability
August 1, 2021 70%
August 8, 2021 20%
August 15, 2021 6%
After August 15, 2021 4%
Total = 100%
Contract price = $921,300
Performance bonus = $156,000
Expected completion date = August 1, 2021
Reduction of bonus per week if completion is delayed = $52,000
After August 15 (three weeks of non-completion), there is no performance bonus because it would have been reduced to $0 ($156,000/$52,000 = 3 weeks).
Kenwood Homes, Inc., allows employees to purchase, at cost, manufacturing materials, such as metal and lumber, for personal use. To purchase materials for personal use, an employee must complete a materials requisition form, which must then be approved by the employee's immediate supervisor. Cheryl Long, an assistant cost accountant, charges the employee an amount based on Kenwood's net purchase cost. Cheryl Long is in the process of replacing a deck on her home and has requisitioned lumber for personal use, which has been approved in accordance with company policy. In computing the cost of the lumber, Long reviewed all the purchase invoices for the past year. She then used the lowest price to compute the amount due the company for the lumber. Discuss whether Long behaved in an appropriate manner.
Answer:
Cheryl did not act ethically because she used the lowest possible cost in order to calculate her own purchase cost. She should probably use an average cost or any other inventory management system (e.g. FIFO or LIFO). instead, she used the lowest possible price for her own personal benefit.
Explanation:
The following data from the just completed year are taken from the accounting records of Mason Company: Sales $ 659,000 Direct labor cost $ 88,000 Raw material purchases $ 135,000 Selling expenses $ 104,000 Administrative expenses $ 49,000 Manufacturing overhead applied to work in process $ 209,000 Actual manufacturing overhead costs $ 221,000 Inventories Beginning Ending Raw materials $ 8,600 $ 10,200 Work in process $ 5,400 $ 20,200 Finished goods $ 78,000 $ 25,600 Required: 1. Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials. 2. Prepare a schedule of cost of goods sold. Assume that the company's underapplied or overapplied overhead is closed to Cost of Goods Sold. 3. Prepare an income statement.
Answer:
1. Schedule of cost of goods manufactured.
Beginning Work in Process $ 5,400
Direct labor cost $ 88,000
Direct Material Costs :
Beginning Inventory $ 8,600
Add Raw material purchases $ 135,000
Less Ending Inventory ($ 10,200) $ 133,400
Manufacturing Overhead applied $ 209,000
Ending Work in Process ($ 20,200)
Cost of goods manufactured $415,600
Under-applied overheads = $12,000 ($ 221,000 - $ 209,000)
2. Schedule of cost of goods sold.
Beginning Finished Goods Inventory $ 78,000
Add Cost of Goods Manufactured $ 415,600
Less Ending Finished Goods Inventory ($ 25,600)
Cost of goods sold $467,400
Add Under-applied overheads $12,000
Adjusted Cost of goods sold $479,400
3. Income statement.
Sales $ 659,000
Less Cost of Goods Sold ($479,400)
Gross Profit $179,600
Less Expenses
Selling expenses $ 104,000
Administrative expenses $ 49,000 ($153,000)
Net Income (Loss) $26,600
Explanation:
See the schedules including the income statement prepared above.
at the best answer for the question
The selling of goods and/or services to a customer is called
A.Service Industry
B.Food Service
C.Purchasing
D.Retail
Answer:
The correct answer is D. Retail.
Explanation:
Retail is the sale to the final consumer of goods and services. It is a sector formed by different branches (such as the food industry, the fashion industry, the home industry, etc.), which constitutes the last link in the supply chain that goes from the manufacturer to the consumer, it is In other words, it is the culmination of the process of production of goods and services, when they reach the consumer. This sale is usually carried out in stores, supermarkets, pharmacies, internet platforms and any other place where goods and services can be offered to final recipients.
The article entitled "My Drug Probem" best reflects the economic idea that A. Pharmac, like private drug companies, attempt to maximaize the revenue that they receive from selling drugs. B. scarcity implies competition over resources which implies that every society has to establish rules that ration the available or potential goods and services among its citizens C. markets are always the best way to allocate resources D. government health programs, such as Pharmac, do not have to make decisions or choices regarding the availability and/or distribution of medical treartments and drugs to its citizens
Answer: C. markets are always the best way to allocate resources
Explanation:
The aforementioned article juxtaposes the benefits of having a market system for drug purchases in the United States vs other countries where healthcare is planned by the government.
It presented facts to support the logic that having a private market based system for drugs like the United States, ensures that there is incentive to produce more efficient drugs because an appropriate price can be charged for it unlike in areas where drug budgets are planned and so there might be haggling over accepting expensive drugs as was the case in New Zealand with Herceptin.
This reinforced the belief that markets are always best for resource allocation.
Name one thing you're afraid of when you think of college and career.
Answer:
finances
Explanation:
College is expensive and people that go to college have an expectation of landing a great paying job. Reality is that is not always the case. Often leading to a long time of paying of student debts.
The following selected information is taken from the work sheet for Warton Company at its December 31 year-end.
Balance Sheet and
Income Statement . Statement of Owner's Equity
Dr Cr. Dr. Cr.
74,500
B. Warton, Capital 41,400
B. Warton, withdrawals
Totals 137,000 204,000
Determine the amount for B. Warton, Capital, that should be reported on its current December 31 year-end balance sheet. Note: B. Warton, Capital was $74,500 on December 31 of the prior year. $ 74,500
B. Warton, Capital, (beginning)
Add: Net income
Less: Withdrawals
B. Warton, Capital, (ending)
Answer:
$100,100
Explanation:
Calculation to Determine the amount for B. Warton, Capital, that should be reported on its current December 31 year-end balance sheet
Statement of Owner's equity
B Warton Capital (Beginning) $74,500
Add: Net Income
($204,000 - $137,000) $67,000
Less: Withdrawals/Drawings ($41,400)
B Walter, Capital (ending) $100,100
Therefore the amount for B. Warton, Capital, that should be reported on its current December 31 year-end balance sheet is $100,100
In its first month of operations, Wildhorse Co. made three purchases of merchandise in the following sequence: (1) 370 units at $6, (2) 470 units at $8, and (3) 570 units at $9. Assuming there are 270 units on hand at the end of the period, compute the cost of the ending inventory under (a) the FIFO method and (b) the LIFO method. Wildhorse Co. uses a periodic inventory system. FIFO LIFO The Ending Inventory $Enter a dollar amount $Enter a dollar amount
Answer:
The cost of the ending inventory under FIFO is $2,430 and under LIFO is $1,620
Explanation:
First determine the units sold
Units Sold = Total Purchases - Units in hand
= 1,410 units - 270 units
= 1,140
Note ; Wildhorse Co. uses a periodic inventory system. This means we calculate the cost at the end of the period.
FIFO
Means First in First Out
Cost of the ending inventory = 270 x $9.00 = $2,430
LIFO
Means Last in First Out
Cost of the ending inventory = 270 x $6.00 = $1,620
Conclusion
The cost of the ending inventory under FIFO is $2,430 and under LIFO is $1,620
This magazine is not useful for/to me as I have ni taste in music debates. To or for?
Answer:
For
Explanation:
Use “to” when the reason or purpose is a verb. Use “for” when the reason or purpose is a noun.
Hope this helps! <3
In each of the following independent cases, indicate the amount (1) deductible for AGI, (2) deductible from AGI, and (3) neither deductible for nor deductible from AGI before considering income limitations or the standard deduction. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.)
a. Ted paid $30 rent on a safety deposit box at the bank. In this box he kept the few shares of stock that he owned.
Deductible for AGI $
Deductible from AGI $
Not deductible $
b. Tyler paid $154 for minor repairs to the fence at a rental house he owned.
Deductible for AGI $
Deductible from AGI $
Not deductible $
c. Timmy paid $775 for health insurance premiums this year. Timmy is employed full-time and his employer paid the remaining premiums as a qualified fringe benefit.
Deductible for AGI $
Deductible from AGI $
Not deductible $
d. Tess paid $1,880 of state income taxes on her consulting income.
Answer:
a. Ted paid $30 rent on a safety deposit box at the bank. In this box he kept the few shares of stock that he owned.
Not deductibleIs not a business expense nor it can be itemized.
b. Tyler paid $154 for minor repairs to the fence at a rental house he owned.
Deductible for AGIRepairs and maintenance expenses of rental property decrease your AGI.
c. Timmy paid $775 for health insurance premiums this year. Timmy is employed full-time and his employer paid the remaining premiums as a qualified fringe benefit.
Not deductibleIf Timmy's medical expenses were more than 10% of your AGI, then you can deduct the difference. But I doubt Timmy earns less than $7,750.
d. Tess paid $1,880 of state income taxes on her consulting income.
Deductible from AGIIf you itemize deductions, you can deduct up to $10,000 in state or local taxes.
Pacheco Inc. issued convertible bonds 10 years ago. Each bond had an initial term of 30 years, had a face value of $1,000, paid a coupon rate of 11%, and was convertible into 20 shares of Pacheco stock, which was selling for $30 per share at the time. Since then the price of Pacheco shares has risen to $65 and the interest rate has dropped to 8%. What is the least that each of the bonds is worth today
Answer:
$1,296.90
Explanation:
Calculation for What is the least that each of the bonds is worth today
First step is to calculate the stock each bond worth
Stock each bond worth=20 shares ×$65
Stock each bond worth= $1,300
Second step is to calculate what the bond is each worth using this formula
PV= PMT[PVFAk,n] + FV[PVFk,n]
Let plug in the formula
PV= $55[PVFA4,40] + $1,000[PVF4,40]
PV= $55(19.7928) + $1,000(.2083)
PV= $1,088.60 + $208.30
PV= $1,296.90
Therefore Based on the above calculation the least that each of the bonds is worth today is $1,296.90
The management of Nova Industries Inc. manufactures gasoline and diesel engines through two production departments, Fabrication and Assembly. Management needs accurate product cost information in order to guide product strategy. Presently, the company uses a single plantwide factory overhead rate for allocating factory overhead to the two products. However, management is considering the multiple production department factory overhead rate method. The following factory overhead was budgeted for Nova:
Fabrication Department factory overhead........................................................$440,000
Assembly Department factory overhead............................................................200,000
Total.........................................................................................................................$640,000
Direct labor hours were estimated as follows:______.
Fabrication Department................................................................4,000 hours
Assembly Department....................................................................4,000
Total..................................................................................................8,000 hours
In addition, the direct labor hours (dlh) used to produce a unit of each product in each
department were determined from engineering records, as follows:_______.
Production Departments Gasoline Engine Diesel Engine
Fabrication Department 6.0 dlh 4.0 dlh
Assembly Department 4.0 6.0
Direct labor hours per unit 10.0 dlh 10.0 dlh
a. Determine the per-unit factory overhead allocated to the gasoline and diesel engines under the single plantwide factory overhead rate method, using direct labor hours as the activity base.
b. Determine the per-unit factory overhead allocated to the gasoline and diesel engines under the multiple production department factory overhead rate method, using direct labor hours as the activity base for each department.
c. Recommend to management a product costing approach, based on your analyses in (a) and (b). Support your recommendation.
Answer:
Nova Industries Inc.
Factory Overhead allocated:
a. Under the single plantwide factory overhead cost per direct hours:
Overhead allocated to Gasoline Engine Diesel Engine
Direct labor hours (10 each) $800 $800
b. Under the multiple production department factory overhead rate method:
Overhead allocated to Gasoline Engine Diesel Engine
Total overhead allocated $860 $740
c. The multiple production department overhead rate method is recommended. It takes into account the activity usage by each department and looks fairer.
Explanation:
a) Data and Calculations:
factory overhead was budgeted for Nova:
Fabrication Department factory overhead $440,000
Assembly Department factory overhead 200,000
Total $640,000
Direct labor hours were estimated as follows:______.
Fabrication Department 4,000 hours
Assembly Department 4,000 hours
Total 8,000 hours
In addition, the direct labor hours (dlh) used to produce a unit of each product in each department were determined from engineering records, as follows:_______.
Production Departments Gasoline Engine Diesel Engine
Fabrication Department 6.0 dlh 4.0 dlh
Assembly Department 4.0 6.0
Direct labor hours per unit 10.0 dlh 10.0 dlh
Plantwide per unit factory overhead = Total overhead costs/Total direct labor hours
= $640,000/8,000 = $80
a. Overhead allocated to Gasoline Engine Diesel Engine
Direct labor hours (10 each) $800 ($80 * 10) $800 ($80 * 10)
Multiple production department per unit factory overhead:
Fabrication Department factory overhead $440,000/4,000 = $110
Assembly Department factory overhead 200,000/4,000 = $50
b. Overhead allocated to Gasoline Engine Diesel Engine
Fabrication Department $660 (6.0 * $110) $440 (4.0 * $110)
Assembly Department 200 (4.0 * $50) 300 (6.0 * $50)
Total overhead allocated $860 $740
Following are the solution to the given points:
For point a:
[tex]\text{Plantwide overhead rate} = \frac{\text{Total factory overhead}}{\text{Total direct labor hours}}[/tex]
[tex] = \frac{\$560,000}{ 8,000}\\\\= \$70 \ / DLH [/tex]
Calculating the value of gasoline engine[tex]= (4 \times \$70)=\$280\ / unit [/tex]
Calculating the value of diesel engine[tex]= (4 \times \$70)= \$280 / unit[/tex]
For point b:
Calculating the value of gasoline engine:
[tex]=[(1.20\times 100) + (2.80 \times \$40)] \\\\ =\$232 / unit [/tex]
Calculating the value of diesel engines:
[tex]=[(2.80\times \$100) + (1.20 \times \$40)]\\\\ =\$328 / unit [/tex]
Calculating the value of departmental overhead rate:
Calculating the value of fabrication:
[tex]= (\frac{\$400,000}{ 4,000}) \\\\ = \$100 / DLH [/tex]
Calculating the value of assembly:
[tex] = (\frac{\$160,000}{ 4,000}) \\\\ = \$40 / DLH[/tex]
For point c:
The Multiple department factory overhead rate method of allocating overhead costs should be chosen by management. Per the Single plantwide factory overhead rate technique, both items have the same manufacturing cost per unit. The direct work hours are now used differently with each product. Hence, by accounting for overhead in every production department independently, this multiple department price method avoids cost distortions.Learn more:
brainly.com/question/16711117
n many countries, one of the roles of the central bank is to provide loans to distressed financial institutions. What is the term for this? lender of last resort source of ultimate credit provider of fiduciary insurance liquidity resource bailout bank Another potential role of central banks is to foster confidence in the banking system by making sure that people can retrieve their money even if a bank goes bankrupt. What is the term for this? deposit guarantee banking promise deposit insurance financially distressed institution clause
Answer:
In many countries, one of the roles of the central bank is to provide loans to distressed financial institutions. What is the term for this?
The term is called:
lender of last resort.
Another potential role of central banks is to foster confidence in the banking system by making sure that people can retrieve their money even if a bank goes bankrupt. What is the term for this?
The term is called:
deposit insurance.
Explanation:
Central banks play important roles in the economy. They conduct the economy's monetary policy, regulate other banks, and provide various other financial services, including economic research. They stabilize the nation's currency by ensuring that unemployment is kept low and also prevent economic fluctuations.
10 . Problems and Applications Q5 In the 1990s and the first two decades of the 2000s, investors from the Asian economies of Japan and China made significant direct and portfolio investments in the United States. At the time, many Americans were unhappy that this investment was occurring. True or False: It was better for the United States not to receive this foreign investment because it shrank the capital stock. True False True or False: It's best for Americans that China and Japan, rather than Americans themselves, made the investment because Americans could receive the returns on the investment made by China and Japan. True False
Answer:
1. False
Proceeds from foreign investment will actually benefit the domestic capital stock. The Foreign investment has both the macro and micro effects. On macro levels it's beneficial for sectors like exports, imports, investment etc. On micro level it enhances quality of labor force.
Therefore, it was better for USA because foreign investment brought with it increased capital and new business opportunities.
2. False
Returns from an investment goes to the investor itself.In this case these returns went to Japan and China for its investment in US. It would have been better if Americans themselves made the investment because then the returns wouldn't go to a foreign nation.
University Printing Services offer a program of reproducing class notes for participating professors teaching large classes with an enrollment uniformly distributed between 200 and 300 students. Professor Pulat has subscribed to this program. A copy of her notes costs $8 to produce and it sells for $12. The students purchase their books at the start of the semester. Any unsold notes are shredded for recycling as she makes changes to her notes every semester. In the meantime, when all copies are sold, no additional copies are printed. If the University Printing Services wants to maximize its revenues, how many copies should it print
Answer:
233 copies
Explanation:
Cost of shortage (Cs)= Revenue per unit - Cost per unit
Cost of shortage (Cs) = $12 - $8
Cost of shortage (Cs) = $4
Cost of excess (Ce) = Original cost per unit - Salvage value per unit
Cost of excess (Ce) = $8 - $0
Cost of excess (Ce) = $8
Service Level (SL) = Cs/(Cs+Ce)
Service Level (SL) = $4 / ($4+$8)
Service Level (SL) = $4/$12
Service Level (SL) = 0.33
Optimum Level = Minimum student + SL*(Maximum student - Minimum student)
Optimum Level = 200 + 0.33*(300 - 200)
Optimum Level = 200 + 33
Optimum Level = 233 copies
Read the overview below and complete the activities that follow.
Marketers have access to a wide range of online research tools that can help enable the collection of data related to a specific market research effort. This activity is important because marketing managers must be able to understand how to leverage different types of online research tools in order to efficiently and effectively address the research problem as it has been defined. The goal of this exercise is to demonstrate your understanding of each of the different categories of online research tools that can be used in the context of a specific research context. Online research tools fall into three categories: databases, focus groups, and sampling. Each of these three categories offers unique opportunities to expand the reach and usefulness of market research. Hover over each individual item to read about the specific research problem faced by a given marketing manager, as well as any other relevant considerations provided. Then, drag the item to the online research tool category that would best serve the related marketing manager's needs.
1. Sarah
2. Diana
3. John
A. Online (Cloud) Databases
B. Online Focus Groups
C. Online Sampling
Answer:
1. Sarah - Online Focus Groups
2. Diana - Online Sampling
3. John - Online (Cloud) Databases
Explanation:
Marketing research is an important aspect for any business. The type of research tools used for any marketing strategy depends on the multiple factors like, type of product, target market and customer need. In the given scenario Sarah should go for Online focus group research, Diana should go for Online sampling and John should go for Online Cloud Databases.
define securitization.
Answer:
its like getting security for ut business or office
The BX11160 company has provided its contribution format income statement for a given month. Sales (8,000 units) $ 440,000 Variable expenses 280,000 Contribution margin 160,000 Fixed expenses 103,500 Net operating income $ 56,500 If the BX11160 company sells 7,900 units next month, how much would its net operating income expected to be next month? (Do not round intermediate calculations.)
Answer:
Net operating income= $48,500
Explanation:
First, we need to calculate the unitary contribution margin:
Unitary contribution margin= 160,000 / 8,000
unitary contribution margin= $20
Now, the net income for 7,600 units:
Contribution margin= 7,600*20= 152,000
Fixed expenses= (103,500)
Net operating income= $48,500
Blue Corporation manufactures drones. On December 31, 2019, it leased to Althaus Company a drone that had cost $156,000 to manufacture. The lease agreement covers the 5-year useful life of the drone and requires five equal annual rentals of $52,800 payable each December 31, beginning December 31, 2019. An interest rate of 6% is implicit in the lease agreement. Collectibility of the rentals is not probable. Prepare any journal entry for Blue on December 31, 2019. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
Answer:
See the journal entries below.
Lease receivable = $235,757.58
Explanation:
Before the journal entries are prepared, the present value of the annual rentals or lease receivable is first calculated using the formula for calculating the present value of an ordinary annuity due since the annual rentals is payable each December 31, beginning December 31, 2019 as follows:
PV = P * ((1 - (1 / (1 + r))^n) / r) * (1 + r) …………………………………. (1)
Where;
PV = Present value annual rentals or lease receivable = ?
P = Annual rentals = $52,800
r = Interest rate = 6%, or 0.06
n = number of years the lease agreement covered = 5
Substitute the values into equation (1), we have:
PV = $52,800 * ((1 - (1 / (1 + 0.06))^5) / 0.06) * (1 + 0.06)
PV = $235,757.58
The journal entries will now look as follows:
Date Account Tittle Debit ($) Credit ($)
31-Dec-19 Lease Receivable 235,757.58
Cost of Goods Sold 156,000.00
Sales Revenue 235,757.58
Inventory 156,000.00
(To record the lease.)
31-Dec-19 Cash 52,800.00
Lease Receivable 52,800.00
(To record the receipt of lease payment.)
A small business company is considering updating the current production line. There are two plans. For plan A, the fixed cost will be $40,000 and the variable cost will be $27 per unit after the update. For plan B, the fixed costs will be $54,000 and the variable cost will be $26 per unit after the update. Please answer the following questions: (a) Suppose the selling price is $35, what is the break-even volume for each plan
Answer:
Results are below.
Explanation:
Giving the following information:
Plan A:
Fixed costs= $40,000
Unitary varaible cost= $27
Plan B:
Fixed costs= $54,000
Unitary varaible cost= $26
Selling price per unit= $35
To calculate the break-even point in units, we need to use the following formula:
Break-even point in units= fixed costs/ contribution margin per unit
Plan A:
Break-even point in units= 40,000 / (35 - 27)
Break-even point in units= 5,000
Plan B:
Break-even point in units= 54,000 / (35 - 26)
Break-even point in units= 6,000
A for-profit institution that works with the general public to open and manage
savings accounts is known as a(n).
A. commercial bank
B. savings bank
C. credit union
D. investment bank
Answer:
B. savings bank
Explanation:
Savings bank is defined as a bank which helps customers or people to invest or deposit in interest giving accounts that will give a long term investment.
Savings bank were started in Europe in the 19th century. Saving banks gives interest on the deposit amount that is why its is a for-profit institution for general public. The interest saving banks give by investing in government and corporate debt.
Hence, the correct answer is "B. savings bank".
the model used to describe the flow of economics activity in the free market is a
Answer:
Flow chart or a flow model. I don't remember which it was
Pls help me with the graph , the choices are below
the answer to your question is graph 1