Answer:
I guess the answer is first(A)
A global organization headquartered in London that represents over 200 consumer groups in more than 100 nations is called: Multiple Choice Consumers Union. Consumers International. Public Interest Research Group. Public Citizen.
Answer:
Consumer international
Explanation:
Consumer international is am organisation that have members that are consumer groups around the world.
Presently they have members of 250 consumer groups in 120 countries around the world.
The headquarters not the organisation is in London. While it has branches in Latin America, Asia Pacific, Africa, and the Middle East.
They focus on consumer protection. Ensuring that member groups get the best products at the cheapest rates
Gibson Valves produces cast bronze valves on an assembly line, currently producing 2000 valves per shift. If the production changes to 1600 valves per shift, labor productivity will change by:
Answer:
25%
Explanation:
Calculation for the change in labor productivity
Using this formula
Change in labor Productivity = (New Productivity - Old Productivity)/Old Productivity
Let plug in the formula
Change in labor Productivity= ($2,000-$1,600)/$1,600
Change in labor Productivity= $400/$1,600
Change in labor Productivity= 0.25*100
Change in labor Productivity=25%
Therefore labor productivity will change by: 25%
The company expects this year's sales to increase by 25%. The selling price is $13 per unit. Prepare a Sales Budget for the
Answer:
The full question is "Royal Company is preparing budgets for the second quarter ending June 30. Last year's sales for the corresponding period were: March 15,000 units April 18,000 units May 28,000 units June 26,000 units July 19,000 units August 12,000 unit. The company expects this year's sales to increase by 25%. The selling price is $13 per unit. Prepare a Sales Budget for Royal Company."
Sales Budget
Month Budgeted Sales Selling Price Total budgeted sales
March 15,000+25% = 18750 $13 $243,750
April 18,000 +25% = 22500 $13 $292,500
May 28,000 +25% = 35000 $13 $455,000
June 26,000 +25% = 32500 $13 $422,500
July 19,000 +25% = 23750 $13 $308,750
Total Budgeted sales for the 2nd Quarter $1,722,500
August 12,000 +25% = 15000 $13 $195,000
- How would demand have to change for a price change to be unitary elastic?
Answer:
The percentage change in quantity demanded is exactly equal to the percentage change in price. The percentage change in quantity demanded is exactly equal to the percentage change in price.
If tremaine waited until he had $30,000 saved for a down payment, what would his monthly payment be
Answer:
The first part of the question is missing, so I looked for a similar question and found this:
Tremaine wants a one bedroom townhouse in a trendy new development downtown; average cost is $145,000. He is preapproved for a 4.38% interest rate on a 30-year fixed mortgage and has saved $15,000 for a down payment.
What will Tremaine’s monthly payment be? How much total interest will he pay over the course of the mortgage If Tremaine waited until he had $30,000 saved for a down payment, what will his monthly payment be?1. Tremaine's loan = $145,000 - $15,000 = $130,000
monthly payment = loan / annuity factor
PV annuity factor, 0.365%, 360 periods = 200.1694
monthly payment = $130,000 / 200.1694 = $649.45
2. total payments = $649.45 x 360 = $233,802
total interests paid = $233,802 - $130,000 = $103,802
3. Tremaine's loan = $145,000 - $30,000 = $115,000
monthly payment = loan / annuity factor
PV annuity factor, 0.365%, 360 periods = 200.1694
monthly payment = $115,000 / 200.1694 = $574.52
His monthly payment will be $574.52
Here, we will use the PMT function in Excel to calculate the Monthly loan payment.
Loan amount (Pv) = Cost of house - Down payment = $145,000 - $30,000 = $115,000.Given information
Rate = 4.38% / 12
Nper = 30*12 = 360
PV = 115,000
Monthly payment = PMT(Rate, Nper, Pv)
Monthly payment = PMT(4.338%/12, 360, 115000)
Monthly payment = $574.52
Therefore, tremaine's monthly payment on the loan will be $574.52.
Missing information includes " Wants a one bedroom townhouse in a trendy new development downtown; average cost is $145,000 ● Is preapproved for a 4.38% interest rate on a 30-year fixed mortgage ● Has saved $15,000 for a down payment"
See similar solution here
brainly.com/question/23994168
If the following projections have been made, what is the projected ending cash balance?
Cash sales, $380,000
Beginning cash balance, $30,000
Operating expenses of $420,000, including depreciation of $20,000
Interest expense of $12,000 is included in operating expenses
Borrowing $50,000
End-of-period accrued liabilities of $20,000 for operating expenses
a. $80,000
b. $40,000
c. $52,000
d. $48,000
Answer:
a.$80,000
Explanation:
Calculation for what is the projected ending cash balance
Using this formula
Ending cash balance = Beginning cash Balance + Cash sales + Borrowing Amount- (Operating expenses paid)
Let plug in the formula
Ending cash balance=$30,000 +$380,000+$50,000-($420,000-$20,000-$20,000)
Ending cash balance=$460,000-$380,000
Ending cash balance= $80,000
Therefore the Ending cash balance will be $80,000
Ivanhoe Corporation has fixed costs of $507,200. It has a unit selling price of $9.00, unit variable cost of $7.35, and a target net income of $1,552,000.
Required:
Compute the required sales in units to achieve its target net income.
Answer:
Break-even point in units= 1,248,000
Explanation:
Giving the following information:
Unitary contribution margin= 9 - 7.35= $1.65
Fixed costs= $507,200
Desired profit= $1,552,000
To calculate the number of units to be sold, we need to use the following formula:
Break-even point in units= (fixed costs + desired profit) / contribution margin per unit
Break-even point in units= (507,200 + 1,552,000) / 1.65
Break-even point in units= 1,248,000
You own a stock portfolio invested 40 percent in Stock Q, 25 percent in Stock R, 20 percent in Stock S, and 15 percent in Stock T. The betas for these four stocks are .93, 1.10, 1.10, and 1.28, respectively. What is the portfolio beta? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Answer:
the portfolio beta is 1.06
Explanation:
The computation of the portfolio beta is shown below:
The Beta of the Portfolio is
= Stock Q Weight × Beta of Stock Q + Stock R Weight × Beta of Stock R + Stock S Weight × Beta of Stock S + Stock T Weight × Beta of Stock T
= 0.93 × 0.4 + 1.1 × 0.25 + 1.1 × 0.2 + 1.28 × 0.15
= 1.06
hence, the portfolio beta is 1.06
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Nervous Norman holds 70% of his assets in cash, earning 0%, and 30% of his assets in an insured savings account, earning 2%. The expected return on his portfolio Group of answer choices is 1%. cannot be determined without knowing what the dollar value of his assets is. is 2%. is 0.6% is 0%.
Answer: 0.6%
Explanation:
The expected return is a weighted average of the returns of the assets invested in.
70% is invested in cash which earns 0%
30% is in a savings account earning 2%
Expected return = (70% * 0%) + (30% * 2%)
= 0% + 0.6%
= 0.6%
Crane Corp. had total variable costs of $281,400, total fixed costs of $130,350, and total revenues of $420,000. Compute the required sales in dollars to break even.
Answer:required sales to break even=$395,000
Explanation:
Break Even Sales = Fixed Expenses / Contribution Margin
But
Fixed Costs /Expenses is given as $130,350
And
Contribution Margin Ratio is solved as (Total Revenue - Variable Cost) / Total Revenue x 100
= ($420,000-$281,400)/ $420,000 x 100
=0.33 x 100
= 33%
Break Even Sales = $130,350/33%
= $395,000
On January 1 a man deposit $5000 in a credit union that pays 8% interest, compounded annually. He wishes to withdraw all the money in five equal end-of-years sums, beginning December 31st of the first year. How much should he withdraw each year?
Answer:
he should withdraw $1,252.5 each year.
Explanation:
The computation is shown below:
Given that
Initial deposit (P) = $5,000
n = 5
i = 8%
Now the withdrawal amount is
AW = P(A/P, i, n)
= $5,000 (A/P, 8%, 5)
= $5,000(0.2505)
= $1,252.5
Therefore, he should withdraw $1,252.5 each year.
We simply applied the above formula so that the correct value could come
And, the same is to be considered
The Open Grill incurred the following costs in acquiring a new piece of land:
Cost of the land $ 80,000
Commissions 4,800
Liability insurance for the first year 1,200
Cost of removing existing building 20,000
Sale of salvaged materials (4,000 )
Total costs $ 102,000
What is the total recorded cost of the land?
a. $102,000.
b. $100,800.
c. $106,000.
d. $80,000.
Answer:
b. $100,800.
Explanation:
Calculation for the total recorded cost of the land
Cost of the land $ 80,000
Add Commissions $4,800
Add Cost of removing existing building $20,000
Less Sale of salvaged materials ($4,000 )
Total recorded cost of land $100,800
Therefore the total recorded cost of the land will be $100,800
Riverbed Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $327,600. The estimated fair values of the assets are land $62,400, building $228,800, and equipment $83,200. At what amounts should each of the three assets be recorded
Answer:
Land=$54,600, Building = $200,200, Equipment = $72,800
Explanation:
Total Asset Fair Value = Land + Building + Equipment
Total Asset Fair Value = 62,400 + 228,800 + 83,200
Total Asset Fair Value = 374,400
Recorder Amount
Land = 62,400 / 374,400 * 327,600 = $54600
Building = 228,800 / 374,400 * 327,600 = $200200
Equipment = 83,200 / 374,400 * 327,600 = $72,800
There is a zero coupon bond that sells for $4,550.90 and has a par value of $10,000. If the bond has 18 years to maturity, what is the yield to maturity'? Assume semiannual compounding.
A. 4.47%
B. 4.27%
C. 4.31%
D. 4.24%
E. 4.42%
Answer:
E. 4.42%
Explanation:
Calculation for the yield to maturity
First step is to calculate the Current price using this formula
The Current price=Par value/(1+yield to maturity/2)^(2*Time period)
$4,550.90=$10,000/(1+yield to maturity/2)^(2*18)
(1+yield to maturity/2)^36=($10,000/$4,550.90)
1+yield to maturity/2=($10,000/$4,550.90)^(1/36)
Now let calculate the yield to maturity
Yield to maturity/2=1.0221092-1
Yield to maturity=0.0221092*2
Yield to maturity=0.0442*100
Yield to maturity=4.42%
Therefore the Yield to maturity will be 4.42%
Assume that the risk-free rate is 6% and the market risk premium is 8%.
What is the expected return for the overall stock market? Round your answer to two decimal places.
___________ %
What is the required rate of return on a stock with a beta of 1.9? Round your answer to two decimal places.
___________ %
Answer:
r or expected rate of return - market = 0.14 or 14%
r or expected rate of return - stock = 0.2120 or 21.20%
Explanation:
Using the CAPM, we can calculate the required/expected rate of return on a stock. This is the minimum return required by the investors to invest in a stock based on its systematic risk, the market's risk premium and the risk free rate.
The formula for required rate of return under CAPM is,
r = rRF + Beta * rpM
Where,
rRF is the risk free rate rpM is the market risk premium
Under CAPM, the assumption follows that the beta of the market is always equal to 1.
So, expected return on the stock market will be,
r or expected rate of return - market = 0.06 + 1 * 0.08
r or expected rate of return - market = 0.14 or 14%
The beta of the stock is given. We calculate the required rate of return on the stock to be,
r or expected rate of return - stock = 0.06 + 1.9 * 0.08
r or expected rate of return - stock = 0.2120 or 21.20%
In the reconciliation of the June bank statement, a deposit made on June 30 did not appear on the June bank statement. In preparing the bank reconciliation, this deposit in transit should be
a. subtracted from the unadjusted book balance.
b. added to the unadjusted bank balance.
c. subtracted from the unadjusted bank balance.
d. added to the unadjusted book balance.
Answer:
b. added to the unadjusted bank balance.
Explanation:
in the given case since the deposit is made as on June 30 and does not appear in the bank statement so while preparing the bank reconciliation the deposit in transit should be added to the non-adjusted bank balance as the bank did not received these deposits yet
But in the case of the company it already received it
hence, the correct option is b.
Jim had a car accident in 2019 in which his car was completely destroyed. At the time of the accident, the car had an adjusted basis of $40,000. Jim used the car 100% of the time for business use. He received an insurance recovery of 70% of the value of the car at the time of the accident. If Jim’s AGI for the year is $60,000, determine Jim's deductible loss on the car.
Answer:
the deductible loss on the car is $12,000
Explanation:
The computation of the Jim deductible loss on the car is shown below:
Given that
Car value = $40,000
Insurance recovery = 70%
Now the deductible loss is
= Car value - (car value × insurance recovery)
= $40,000 - ($40,000 × 70%)
= $40,000 - $28,000
= $12,000
hence, the deductible loss on the car is $12,000
Convert each of the following estimates of useful life to a straight-line depreciation rate, stated as a percentage: (a) 10 years, (b) 8 years, (c) 25 years, (d) 40 years, (e) 5 years, (f) 4 years, (g) 20 years. If required, round your answers to one decimal place. Years Percentage a. 10 years fill in the blank 1 % b. 8 years fill in the blank 2 % c. 25 years fill in the blank 3 % d. 40 years
Answer:
Conversion of Estimates of Useful Life to Straight-line Depreciation Rate:
Useful Life Straight-line
Depreciation Rate
(a) 10 years 10%
(b) 8 years 12.5%
(c) 25 years 4%
(d) 40 years 2.5%
(e) 5 years 20%
(f) 4 years 25%
(g) 20 years 5%
Explanation:
a) Data and Calculations:
Straight-line
Useful Life Depreciation Rate Conversion
(a) 10 years 10% 100/10
(b) 8 years 12.5% 100/8
(c) 25 years 4% 100/25
(d) 40 years 2.5% 100/40
(e) 5 years 20% 100/5
(f) 4 years 25% 100/4
(g) 20 years 5% 100/20
principals of manegment
Answer:
The answer is "Option d".
Explanation:
The management team consists of the coordination of any resources in the preparation, organization, analysis, and administration of the project to reach specific goals.
It is how something will be handled, treated intently, monitored, or managed by a company or group. Managers work as planners, supervisors, and managers thru the four roles, administrators, which focus on making their staff, processes, projects, and companies more efficient and effective in all fields.Write a sample greeting you would record on your professional cell phone to be heard by employers and recruiters if they reach your voice mail.
Answer:
This is (your name) with (say the company) I can not come to the phone right now but please leave a message and I will call you back.
Answer: Hello, you’ve reached (Your First and Last Name).
Sorry I wasn’t able to take your call, but please leave your name and a detailed message and I’ll get back to you.
Have a great day.”
Nicole worked for 6 hours and 15minutes how should she write that on her time card
Answer:
6.25 hours
Explanation:
In the ____ and ____ stages of product life cycle, firms often set priorities on growth and/or market share
Answer:
In the introduction and early growth stages of the product life cycle, firms often set priorities on growth and/or market share
Explanation:
True or false: The main purpose of managerial accounting is to provide general-purpose financial statements
Answer:
False
Explanation:
managerial accounting is simply the sorting or gathering/preparing of accounting information that is to be used within a company. It help to ensure the organization's goals are met effectively and efficiently.
Functions of Management Accountant includes Planning(deciding on the long-term direction of the company e.g. making budget)
Widmer Company had gross wages of $301,000 during the week ended June 17. The amount of wages subject to social security tax was $270,900, while the amount of wages subject to federal and state unemployment taxes was $38,000. Tax rates are as follows:
Social security 6.0%
Medicare 1.5%
State unemployment 5.4%
Federal unemployment 0.8%
The total amount withheld from employee wages for federal taxes was $60,200.
If an amount box does not require an entry, leave it blank. If required, round answers to two decimal places.
a. Journalize the entry to record the payroll for the week of June 17.
June 7
b. Journalize the entry to record the payroll tax expense incurred for the week of June 17.
June 7
Answer:
Widmer Company
a. Journal Entry:
Debit Payroll Expense $301,000
Credit Payroll Payable $218,728.50
Credit Payroll Tax Payable $82,271.50
To record the payroll for Week June 17.
b. Journal Entry to record payroll tax expense
Debit Payroll Tax Payable $82,271.50
Credit Cash $82,271.50
To record the payroll tax expense incurred for Week June 17.
Explanation:
a) Data and Calculations:
Gross wages = $301,000
Period = Week ended June 17
Wages subject to social security tax = $270,900
Social security tax rate = 6%
Social security tax = 6% of $270,900 = $16,254
Medicare tax rate = 1.15%
Medicare tax = 1.15% of $301,000 = $3,461.50
State unemployment rate = 5.4%
Federal unemployment rate = 0.8%
Wages subject to federal and state unemployment taxes = $38,000
State unemployment tax = 5.4% of $38,000 = $2,052
Federal unemployment tax = 0.8% of $38,000 = $304
Federal tax withheld = $60,200
Gross wages = $301,000
Social security tax = $16,254
Medicare tax = $3,461.50
State unemployment tax = $2,052
Federal unemployment tax = $304
Federal tax withheld = $60,200
Total tax and deductions = $82,271.50
Net pay = $218,728.50
what is accountancy
A company produces and sells 6,400 recliners each year. Each production run has a fixed cost of $400 and an additional cost of $35 per recliner. To store a recliner for a full year costs $8. What is the optimal number of recliners the company should make during each production run? Do not include units with your answer.
Answer:
800 Recliners
Explanation:
Calculation for the optimal number of recliners the company should make during each production run
Using this formula
Economic Order Quantity (EOQ) =√ [(2 D x S) / C]
Where,
Annual Demand (D) = 6,400 Recliners
Fixed Ordering Cost (S) = $400
Carrying cost per recliner (C) = $8
Let plug in the formula
Economic Order Quantity (EOQ)= √[(2 x 6,400 x $400) / $8]
Economic Order Quantity (EOQ)=√$5,120,000/$8
Economic Order Quantity (EOQ)=√$640,000
Economic Order Quantity (EOQ)= 800 Recliners
Therefore the optimal number of recliners the company should make during each production run will be 800 Recliners
Kenji has had an illness and an accident during the year. His combined out-of-pocket expense for both incidents was $1,000. The insurance company will now start to pay some of his medical expenses. What does the $1,000 represent?
a. Participation (co-insurance)
b. Deductible
c. Coordination of benefits
d. Intemal limits
Answer:
b. Deductible
Explanation:
Since in the question it is mentioned that Kenji who had an illness and had an accident during the year also the combined out of pocket expenses is $1,000.
So this $1,000 represent the deductible
hence, the correct option is b.
And the other options are wrong
Therefore the same is to be considered
The Fried Green Tomatoes Restaurant has increased its operating cycle from 97.4 days to 101.7 days while the cash cycle has decreased by 2.9 days. How have these changes affected the accounts payable period?
a. Decreased by 11 days
b. Decreased by 5 days
c. Decreased by 1 day
d. Increased by 5 day
e. Increased by 11 days
Answer:
Increased by 7.2 days
Explanation:
As in the question it is mentioned that the operating cycle is increased from 97.4 days to 101.7 days so the difference in days is
= 101.7 days - 97.4 days
= 4.3 days
And, the cash cycle is decreased by 2.9 days
So, the total number of days would be
= 4.3 days + 2.9 days
= 7.2 days
These have been the negative impacts
The options that are mentioned in wrong and the above is the righ answer
An agreement to purchase goods and services with a specified percentage of proceeds from an original sale in that country from any firm in the country is called:
a. a counterpurchase.
b. an offset.
c. switch trading.
d. spot trading. barter.
Answer:
B)an offset.
Explanation:
What particular activities are involved in the enterprise's internal operational scope?
Answer:
A business internal operational scope is related to the dailya activities of the different business divisions that any company has:
Explanation:
The Marketing Department has operations like elaborating market studies, selling, and promoting products.
The Human Resources Department has operations like recruiting and training personnel.
The Operations department has operations related to the production process of the company (for a manufacturing firm)
And the Financial department has operations related with accounting and obtaining funds for the firm.