At an output level of 6,000 units, you have calculated that the degree of operating leverage is 2.3. The operating cash flow is $12,000 in this case. a. Ignoring the effect of taxes, what are fixed costs

Answer:

An Australian Firm Selling to a Japanese Customer

a) Direct Quote of the Exchange Rate between Australian Dollar and Japanese Yen:

A$ 1 = ¥90

Meaning 1 Australian Dollar = 90 Japanese Yen.

Therefore, the price of the goods would be A$ 2,222,222.22222 (¥200 million)/ ¥90

b)Theoretical Current Forward Exchange Rate, quoted in terms of JPY/AUD for delivery in three months:

= Spot Rate x (1 + Japanese Interest Rate) / (1 + Australian Interest Rate) x 360/90

= ¥90 x (1 +0.005) / (1 +0.03) x 360/90 = ¥90 x 1.005/1.03 x 360/90

= ¥351.26214 =A$1

c) The Australian firm can take advantage of any decreases in the exchange rate and also ensure that it receives at least Australian $2 million by entering into a Currency Forwards Contract.

d) If the spot exchange rate in 3 month's time is:

(i) AUD/JPY=150, the outcome of the hedging with a Currency Forwards Contract to get at least A$ 2 million would be the gain of:

Forward Exchange outcome in Australian Dollars = ¥200 million/ ¥150 =

A$ 1,333,333.33333

Hedging outcome minus Forward Exchange outcome

A$2 million - A$ 1,333,333.33333 = A$666,666.66667

(ii) AUD/JPY = 50, the outcome of the hedging with a Currency Forwards Contract to get at least A$ 2 million would be the loss of:

Forward  Exchange outcome =  in Australian Dollars = ¥200 million/ ¥50 =

A$4 million

Hedging outcome minus Forward Exchange outcome

A$2 million - $4 million = -A$2million

Explanation:

a) Currency forwards contracts and future contracts are used to hedge the currency risk. For example, a company expecting to receive  ¥200 million in 90 days, can enter into a forward contract to deliver the  ¥200 million and receive equivalent Australian dollars in 90 days at an exchange rate specified today.

b) If A$ 1 = ¥90

Therefore, the price of the goods would be A$ 2,222,222.22222 (¥200 million)/ ¥90 in Australian Dollars.

Answer:

A.On Ex-dividend date: November 20, 2006

B.1%

C.$0.19

D. $1.82

Explanation:

1.On Ex-dividend date: November 20, 2006

will the stock price change to reflect the value of the dividend

b. Calculation for Formaggio’s dividend yield

Using this formula

Dividend yield = dividend/share price

Let plug in the formula

= .20/20 = 1%

c. Calculation of how much the stock price is likely to fall

0.20*(1 – 15%) = P*(1 – 10%)

Solve for P = $0.19

d. Calculation of How much is the stock price likely to fall Suppose that the company decides to issue a 10% stock dividend instead of a cash dividend.

$1,000,000 + (1,000,000 * 10%)

$1,000,00+$100,000

= 1,100,000 total shares

Hence,

$20,000,000 / 1,100,000 = $18.18 per share

$20 – 18.18 = $1.82 fall

Answer:

The required adjusting entry at the end of year 3 will include a debit to:

Supplies Expenses Account of $43,500 ($8,000 + 50,000 - 14,500), and a credit to Supplies Account in the sum of $43,500.

Explanation:

Adjusting entries are made at the end of an accounting period to bring the accounts in line with the accrual concept, which requires that expenses and revenue should be recognized in the period they are incurred or earned.

This implies that transactions should not be based solely on when cash is received or payment made.  Expenses incurred but not yet paid should be recognized in the accounts of the period.  Revenue earned but not yet received in cash should be accounted for in the period when the revenue is earned.  Expenses paid in advance should not be recognized in determining net income.  Revenue collected but not yet earned should not be included in the period's accounts for determining net income.  Finally, non-cash expenses (depreciation) should be recognized in the period they are incurred.

Answer: shift to the left

Explanation:

The social return helps in comparing the value of benefits and the costs to achieving the benefits. The social return is the ratio of net present value of the benefits in comparison to the net present value of the investment or the costs to getting the benefits.

In this case, if a small electric automobile manufacturer is able to gain the social return generated by its electric motor, it would decrease the demand for financial capital which simply means that the demand for financial capital will shift to the left. This shift to the left is as a result of the gain in its social return gotten by the electric motor.

Answer:

b.sales

Explanation:

As we know that

Income statement refers to the statement in which the revenues and the expenses incurred should be recorded

While on the other hand the multiple-step income statement refer to the statement in which there are various level like gross profit, total operating expenses etc

Plus we also know that

Gross profit = Sales - cost of goods sold

Therefore the cost of merchandise should be deducted from sales so that we can find out the gross profit

Answer:

Insufficient information to determine

Explanation:

The question makes reference to information provided as a basis for making a decision.  But, there is no information provided.  This makes it impossible to select any rental rates, whether Contract rental rates, Market rental rates, or a blend of contract and market rental rates, to include in the forecast or proforma model from the tenants.  So, the conclusion is that there is insufficient information to determine.

Answer:

Since the expected value is higher for not suing ($600,000), then Jay should not sue. The expected value of the best case scenario in case of suing is only $500,000 and in the expected value of the worst case scenario is -$37,500.

Explanation:

he decides to not sue = expected value $600,000

he decides to sue:

50% chance of winning

expected value

50% chance of losing

Answer:

This is an example of barter

Explanation:

Barter in trade, is a term used to describe a system of exchange where goods  and services are exchanged for other goods or services directly. It is used most often in international trading, when there is a financial crisis, or when currency is unstable.

Barter is advantageous when money is in short supply, and when traders cannot afford to store a short supply of money, especially during hyperinflation.

However, there are some challenges with barter, which includes:

that both parties might not have what each other need in goods (double coincidence of wants), there is no common measure of value and indivisibility of certain goods when only half the worth is to be exchanged.

Answer:

Element 1 = 4.17 Observed time

Element 2 = 1.77 Observed time

Element 3 = 3.33 Observed time

Element 4 = 2.8 Observed time

Explanation:

Calculation to determine the observed time (OT) for each element

Based on the information given we have 4 Element and 6 Cycle for Element 1,3 and 4 while Element 2 has 3 cycle

First step is sum up each element cycle i.e addition of cycle 1 to cycle 6

Element Cycle 1 Cycle 2 Cycle 3 Cycle 4 Cycle 5 Cycle 6

1. 4.1 +4.0 +4.6 + 4.1 +4.1 + 4.1 = 25

2. - 1.5 - 2.4 - 1.4 =(1.5+2.4+1.4)=5.3

3. 3.2 +3.2 +3.8 +3.2+ 3.3 +3.3= 20

4. 2.7 +3.0 +2.7 +2.8 +2.8+ 2.8 = 16.8

Now let find the Observed time by dividing the figure that was sum up for each of the element by the numbers of cycle that each element has.

OBSERVED TIME

Element Cycle 1 Cycle 2 Cycle 3 Cycle 4 Cycle 5 Cycle 6

1. 4.1 +4.0 +4.6 + 4.1 +4.1 + 4.1 = 25/6= 4.17 Observed time

2. - 1.5 - 2.4 - 1.4 =(1.5+2.4+1.4)=5.3/3=1.77 Observed time

3. 3.2 +3.2 +3.8 +3.2+ 3.3 +3.3= 20/6= 3.33 Observed time

4. 2.7 +3.0 +2.7 +2.8 +2.8+ 2.8 = 16.8/6=2.8 Observed time

The question is about the observed time cycles of 4 given elements.

OT of each cycles will be added together for each element. and divided by total number of cycles for each element.

1 4.1+4.0+4.6+4.1+4.1+4.1 = 25 / 6 = 4.17

2 -1.5 -2.4 -1.4 = 5.3 / 3 = 1.77

3 3.2+3.2+3.8+3.2+3.3+3.3 = 20 / 6 = 3.33

4 2.7+3.0+2.7+2.8+2.8+2.8 = 16.8 / 6 = 2.8

Each elements total cycle OT is added and then it is divided with each elements relevant number of cycles and this as a result provides the answer to the question

Learn more at https://brainly.com/question/15586770

Answer:

1. $8,630.69

2. $15,999

3. $373,155.46

4. $292.942.90

Explanation:

The formula for calculating future value = P(1 + r)^n

P = Present value

R = interest rate

N = number of years

1. $ 2,250 (1 + 0.13)^11 = $8,630.69

2. 8,752 (1 + 0.09)^7 = $15,999

3. 76,355 (1 + 0.12)^14 = $373,155.46

4. 183,796(1 + 0.06)^8 = $292.942.90

I hope my answer helps you

For each of the following, the future value can be computed as:

1. $8,630.69

2. $15,999

3. $373,155.46

4. $292.942.90

The worth of a present asset at some point in the future based on an estimated rate of growth is known as future value (FV). For investors as well as financial planners, the future value is crucial because they use it to predict the amount an investment made now is going to be worth throughout the future. Investors may make wise investment choices based on their projected demands by knowing the future worth.

future value = P(1 + r)^n

P = Present value

R = interest rate

N = number of years

1. $ 2,250 (1 + 0.13)^11 = $8,630.69

2. 8,752 (1 + 0.09)^7 = $15,999

3. 76,355 (1 + 0.12)^14 = $373,155.46

4. 183,796(1 + 0.06)^8 = $292.942.90

To know more about Future value, here:

https://brainly.com/question/30787954

#SPJ6

Answer:

A. Cuba

Explanation: Command economy , simply means planned economy

Some other countries with command economies are;

Answer:

The answer is true

Explanation:

Accounting Rate of Return is a financial ratio used in capital budgeting decision making. It is the ratio of estimated accounting profit(net income) of a project to the average investment made in the project.

And average investment is calculated as the sum of the beginning and ending book value of the project/investment divided by 2

Depreciation is termed as the phase of the value of the assets when they keep on decreasing year by year or monthly. It is caused due to the overutilization of the assets for the production function of the firm.  

The correct answer is true

An Accounting Rate of Return (ARR) is a financial ratio that is used to make capital budgeting decisions. It is the ratio of a project's estimated retained earnings (retained earnings) to a project's average investment.

Investment is equal to the sum of the project/initial investments and ending book values divided by two.

To know more about the  straight-line depreciation method, refer to the link below:

https://brainly.com/question/15085226

Answer:

True

Explanation:

by increasing the time customers can pay to 90 days, the amount of cash inflows is likely to reduce. thus, the net cash flow in the next quarter is likely to decrease.

Complete Question:

The cash account for Pala Medical Co. at June 30, 20Y1, indicated a balance of $166,436. The bank statement indicated a balance of $195,688 on June 30, 20Y1. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items:

a.  Checks outstanding totaled $19,427.

b.  A deposit of $12,300, representing receipts of June 30, had been made too late to appear on the bank statement.

c.  The bank collected $26,500 on a $25,000 note, including interest of $1,500.

d.  A check for $4,000 returned with the statement had been incorrectly recorded by Pala Medical Co. as $400. The check was for the payment of an obligation to Skyline Supply Co. for a purchase on account.

e.  A check drawn for $195 had been erroneously charged by the bank as $915.

f.  Bank service charges for June amounted to $55.

Answer:

Pala Medical Co.

Cash amount in the balance sheet = $189,281

Explanation:

a) Calculations:

Adjusted Cash balance at June 30, 20Y1

Cash balance                      $166,436

c) Note received by bank      25,000

c) Interest on the note             1,500

d) Returned check                 (3,600)

e) Bank charges                         (55)

Adjusted cash balance     $189,281

b) Balance as per bank statement = $195,688

a.  Checks outstanding totaled           ($19,427)

b.  A deposit of                                     $12,300

e. Overstated cheque                               720

Adjusted bank statement balance   $189,281

c) Preparing a bank reconciliation helps to identify discrepancies between the cash book balance of Pala Medical Co and the company's bank statement balance.  After the necessary adjustments, the two balances always agree and the adjusted figure is taken to the balance sheet.

Answer:

Bob sues Mark to enforce payment of the check

d. Mark can assert the defense of failure of consideration against Bob.

Explanation:

Failure of consideration means that there was no consideration since intended contract between Mark and Sally which would have established the consideration upon Sally's performance was frustrated.  The contract did not take effect.  It is an established point in contract law that there must be consideration for a contract to be valid and enforceable.  Since the contract was not finalized and no performance of consideration was carried out by Sally, she had no legal right to collect Mark's check and endorse it to Bob.

Moreover, any potential contract would have been between Bob and Sally and not Mark.  So, Mark can plead failure of consideration in the relationship between him and Sally, thus rendering the check's endorsement to a third party, null and void.

Answer:

For Material 80,000

For Conversion 72,000

Explanation:

The computation of equivalent units of production for the bath linens department for August is shown below:-

                                     Materials               Conversion  

Units completed and

transferred out              60,000                   60,000

Units in process,

August 31                      20,000                   12,000

                                                               (20,000 × 60%)

Equivalent units of

production                   80,000                   72,000

Therefore to reach out the equivalent units of production we simply added the units completed and transferred out with Units in process Aug 31 of material and conversion.

Answer:

Margin in Dee's account when she first purchase the stock is $8,000

Explanation:

The total value of stock purchased = $40 × 300 shares = $12,000

Since the amount borrowed from the broker is $4,000. Therefore, Dee's margin will be calculated as;

= Total purchase price - Net borrowing

= $12,000 - $4,000

= $8,000

Answer:

There is demand for and supply of dollars and a demand for and supply of pesos. Under a flexible exchange rate system, if income growth in the United States is greater than income growth in Mexico, then the  dollar would increase its value over the peso.

Explanation:

Given that in the situation in question the quantities supplied and demanded of both currencies remain stable, in principle there should be no valuation of one over the other for reasons of supply and demand.

Now, since the economic growth in the United States that sustains the value of the dollar is greater than that growth in Mexico that sustains the value of the peso, the greater the value of the dollar in international markets. This will necessarily imply a higher valuation of the American currency, which will widen the gap in the exchange rate with respect to the peso, which instead will remain stable in global markets.

Answer:

d. $864,000 decrease in profits.

Explanation:

Hinge Division's total cost per unit:

variable $26

fixed $17

total $43

sales price $58

contribution margin $32

profit margin $15

                               Alternative A           Alternative B        Differential

                               intercompany          outside                 amount

money paid to                        $0            $1,696,000         ($1,696,000)

outside vendor

variable costs             $832,000                          $0             $832,000

fixed costs                  $544,000              $544,000                         $0

total costs                 $1,376,000          $2,240,000           ($864,000)

If the hinges are purchased form an outside vendor, the corporation's total profits will decrease by $864,000.

Answer:

Sexual harassment is an unethical behavior both at or outside workplace and this can be explained using these ethical theories; DEONTOLOGY, UTILITARIANISM, INDIVIDUAL CHARACTER ETHICS, WORKPLACE INDIVIDUAL ETHICS

1. DEONTOLOGY: This ethical theory states that a person's actions are either bad or good depending on sets of rules, actions are morally right if it is in accordance with the rules, rights et cetera. in this case the behavior does not follow any rules and there is no right given to anybody to harass a woman. This theory shows that these acts were unethical.

2. UTILITARIANISM: this theory supports actions and behaviors that brings happiness and joy to others and frowns at actions that brings sadness and unhappiness to people around us. In this case the employee is harassed which makes her unhappy so this theory labels sexual harassment as an unethical behavior.

3. INDIVIDUAL CHARACTER ETHICS: It says that there are certain qualities of a person that determine their ethics, this includes; gratitude, benevolence, respect but in this case the individual has no such traits present in him because of his disrespect towards a woman, so this theory shows how unethical those acts were.

4. WORKPLACE INDIVIDUAL ETHICS: It says that the development or presence of certain traits show the work ethics of an individual and the traits are honor, work pride, trustworthiness but in this case he has proved that there is no such trait present in him so it constitute unethical behavior at workplace.

Answer:

Explanation:

The most likely reason for Walmart to support this technology is that it will allow them to track and process items from their suppliers at a much more efficient rate. Since RFID technology uses radio waves to read and capture information stored on a tag attached to an object, providing a unique identifier for an object. These unique tags allow each individual item to be tracked throughout the whole process from supplier to warehouse to client. Thus preventing losses and reducing costs.

Answer:

increase the money supply by $18 billion.

Explanation:

Data provided in the question

The Borrowed amount by the Government = $17 billion

Budget deficit = $35 million

Based on the above information

The central bank has to raise the money supply by $18 million i.e come form

= Budget deficit - the borrowed amount

= $35 million - $17 million

= $18 million

Hence, the supply is increased by $18 million

Answer and Explanation:

a. Here we will follow some steps to reach break-even point in dollars for 2017 is shown below:-

Step 1

Selling price per unit = Sales ÷ Number of units

= $2,752,500 ÷ $550,500

= $5

Step 2

Variable cost per unit = Total of variable ÷ Number of units

= $1,750,000 ÷ $550,500

= $3

Step 3

Contribution margin ratio = (Selling price per unit - Variable cost per unit) ÷ Selling price per unit

= ($5 - 3) ÷ $5

= 0.4

and finally

Break even point in dollars = Fixed cost ÷ Contribution margin ratio

= $850,000 ÷ 0.4

= $2,125,000

b. As per the situation the solution of contribution margin under each of the alternative courses of action is below:-

According to the 1 alternative

Selling price per unit = $5 × 1.20

= $6

Contribution margin ratio = (Selling price per unit - Variable cost per unit) ÷ Selling price per unit

= ($6 - 3) ÷ $6

= 0.5

or

= 50%

According to the 2 alternative

Variable cost per unit = $3 + $5 × 5%

= $3.25

Contribution margin ratio = (Selling price per unit - Variable cost per unit) ÷ Selling price per unit

= ($5 - $3.25) ÷ $5

= 0.35

or

= 35%

Answer:

Hello from your question there is a mix up of the figures for the BTCF AFTER 2 years and the BTCF given in the table so i would work with the value contained in the table i.e ( 25579  )

answer : 71052

Explanation:

Declining balance amount can be expressed/calculated using this formula a

[tex]\frac{1.5}{N} ; d_{k} = B ( 1 - k )^{k-1} (R ) ;\\ Bv_{k} = B ( 1 - R )^{k}[/tex]    also R = 1.5 / 5 = 0.3 , k = 2 years

therefore Bv[tex]_{2}[/tex] = 20000 ( 1 - 0.3 [tex])^{2}[/tex] = 9800

Mv = 25579

Recapturing depreciation = Mv - Bv = 25579 - 9800 = 15779

BTCF is calculated as = ( capital investment + GI - expense incurred )

TI = GI - Expense - Depreciation + Depreciation recapture + capital gain

ATCF = BTCF - taxes

taxes = TI (l)

The future worth of the after-tax cash flow at the end of Year 2

Fw = -20000(f/p,12%,2) + 36600(f/p,12,1) + 35880 + 19268

= -20000(1.2544) + 36600(1.1200) + 55148 = 71052

attached below is the complete table used for the calculation

Answer:

The legislature.

Explanation:

A budget can be defined as a financial plan of estimated revenues, resources and expenses over a specific period of time in a particular country. It is usually reevaluated based on future plans and objectives periodically, typically on an annual basis.

In theory, Texas has a dual-budget system, meaning the budget authority is shared by the governor and the legislature; however, in practice, the primary player in the budget is the legislature.

In accordance with the guidelines set by the Legislative Budget Board (LBB) in Texas, all agencies in the state prepares and send a Legislative Appropriations Request (LAR) to the Legislative Budget Board (LBB) and the Governor’s Office of Budget, Planning and Policy (GOBPP).

The legislature is the primary player in the budget process because it is responsible for reviewing the budget proposals through the House Finance Committees and the Senate.

The legislature being the primary player in the budget comprises of ten (10) members from the Texas House of Representatives and Texas Senate, it is chaired by the Lieutenant Governor. A single bill is then passed after the appropriation bill has been voted on by the respective chambers.

Additionally, the single bill is then sent to the Comptroller's office for verification and certification, and lastly it's signed by the Governor into law.

Answer:

If the division is operating at full capacity and selling all the units that it produces, then it must treat the other division as a normal customer, so the selling price should be the same ($160 per unit). The company is currently making $110 in profits per unit sold (= $160 - $30 - $20 = $110).

If the division sold their products at a lower price, they would be losing money, and no division wants to lose money in order to benefit another division and make them earn higher profits.

If the division was operating below full capacity, then it could sell their products at a lower value.

Answer:

Explanation:

Since not much information has been provided, the two most likely reasons as to why this has not been done would be the following,

One would be that the supervisor did not understand your request due to language barriers that you are not accustomed to since this is your first time working in an Indian office.

The Second most likely reason is that it is not the supervisors job to move your office furniture around. The supervisor is a higher position than manager and his primary responsibility is to look over your performance and make sure that you are doing what you have been hired to do.

Answer:

B. Revise policies and procedures in ways that will help drive cultural change and replace senior executives who are resisting and obstructing needed organizational and cultural changes.

Explanation:

Culture of a company are the accepted ways of doing things on a daily basis with a view of achieving organisational goals. It includes the way employees interact with one another and their customers, procedures carrying out tasks, and so on.

The management of the company are the drivers of company culture, so a substantiative culture-changing action that can be taken to solve a problem culture will include replacing senior executives who are resisting and obstructing needed organizational and cultural changes, and revising policies and procedures in a way that will drive culture change

Answer:

is useful to the IRS in assessing taxes to business entities.

Explanation:

The financial accounting standards board (FASB) is a private, non-profit organization saddled with the responsibility of establishing and maintaining standard financial accounting and reporting for general guidance of individuals such as investors, issuers and auditors.

Financial reporting can be defined as the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors.

The objective of financial reporting include all of the following to provide information that:

1. Is useful to those making investment decisions. This information would help creditors to determine whether they should lend to a client or not; or assist investors in deciding whether they should invest in a business or not.

2. Is useful to those lending out money to business entities. When investors and creditors are well furnished with financial information about an organization, they would be able to assess the amounts of cash, timing, and uncertainty of cash flows from dividends  or interest.

3. Is useful to creditors in making decisions about providing resources to business entities.

In conclusion, the financial report is not useful to the Internal Revenue Service (IRS) in assessing taxes to business entities.

Answer:

a.bank reconciliation, addition

b.book side, addition, subtraction

c.book side, subtraction

d.book side, addition

e.bank reconciliation, subtraction

f.bank reconciliation, subtraction

g.book side, subtraction

h.book side, addition

i.book side, subtraction

j.book side, addition

Explanation:

In book side, we enter transactions that were recorded by the company`s bank but not included in the cash book. These include service charges and interest revenue on bank account.Also errors made in cash book are recorded here.

In the bank reconciliation side, we record deposits and receipts entered in the cash book not yet reflecting in the bank statement and other errors related to construction of the bank statement.