Answer:
The production budget is needed to figure out direct materials, direct labor and manufacturing overhead budgets. Once these are all done, then comes the finished goods inventory budget. Once all of these budgets are done, we can do a cash budget, income statement and balance sheet to finish off the process.
Explanation:
thank me later
Suppose an investment offers to triple your money in 24 months (don't believe it). What rate of return per quarter are you being offered
Answer:
30.77%
Explanation:
Assume investment = $1
Assume mount after 24 months = $5
Number of quarters in 24 months = 24/4 = 6
Future value = P*(1+r)^n; Where P is payment, r is interest rate per period, n is number of periods
5000 = 1*(1+i)^6
1*(1+i) = 5^(1/6)
1+i = 1.30766048601
i = 1.30766048601 - 1
i = 0.30766048601
i = 30.77%
So, the rate of return per quarter being offered is 30.77%
When a Sally assesses the external competitive environment facing her firm, she labels anything that would make it harder for her firm to be successful as a(n)
Answer:
threats
Explanation:
In a scenerio When a Sally assesses the external competitive environment facing her firm, she labels anything that would make it harder for her firm to be successful as threat. Threat are any activity that lowers the development of a firm or that doesnt allow bit to thrive in the market and the is usually as a result of competitive environment .
Competitive environment can be regarded as system in which different businesses makes competition among themselves with the utilization of various promotional strategies,
marketing channels as well as pricing methods.
The CFO of the company believes that an appropriate annual interest rate on this investment is 9%. What is the present value of this uneven cash flow
Answer:
$1,685,335
Explanation:
Hi, your question is incomplete, I have searched for the full question online and I have uploaded it as an image below.
Uneven cash flows are cash flows that are received in uneven amounts and possibly uneven periods as well.
We can simply use the CFj function of a financial calculator to determine the present value of uneven cash flows as follows :
$0 CF 0
$250,000 CF 1
$20,000 CF 2
$330,000 CF 3
$450,000 CF 4
$550,000 CF 5
$375, 000 CF 6
i/yr = 4 %
Shift NPV gives $1,685,335
Therefore,
The present value of this uneven cash flow is $1,685,335
Cushenberry Corporation had the following transactions.
1. Sold land (cost $8,320) for $10,400.
2. Issued common stock at par for $21,600.
3. Recorded depreciation on buildings for $13,800.
4. Paid salaries of $6,500.
5. Issued 1,000 shares of $1 par value common stock for equipment worth $9,600.
6. Sold equipment (cost $11,200, accumulated depreciation $7,840) for $1,344.
Required:
For each transaction above, prepare the journal entry.
Explanation:
1) Sold land (cost $8,320) for $10,400.
Explanation:
1. Sold land (cost $8,320) for $10,400.
A company has two departments, Y and Z that incur wage expenses. An analysis of the total wage expense of $43,000 indicates that Dept. Y had a direct wage expense of $6,800 and Dept. Z had a direct wage expense of $10,700. The remaining expenses are indirect and analysis indicates they should be allocated evenly between the two departments. Departmental wage expenses for Dept. Y and Dept. Z, respectively, are:
Answer:
$19,550 and $10,250
Explanation:
Calculation to determine what Departmental wage expenses for Dept. Y and Dept. Z, respectively, are:
First step is to calculate the Indirect wages
Indirect wages = [43,000 - (6800+10700)]/2
Indirect wages= 43,000-17500/2
Indirect wages=24,500/2
Indirect wages = 12,750
Now let calculate Departmental wage expenses for Dept. Y and Dept. Z,
Departmental wage expenses for Dept. Y
=6800 + 12,750
Departmental wage expenses for Dept. Y = $19,550
Departmental wage expenses for Dept. Z=10,700 + 12,750
Departmental wage expenses for Dept. Z= 23450
Therefore Departmental wage expenses for Dept. Y and Dept. Z, respectively, are:$19,550 and $10,250
In the article, “Visual Business Intelligence”, Stephen Few claims that visualization analysis and presentation tools are important to a business decision-maker since they _____.
a.
help justify unsound decisions to upper-level management with colorful charts and graphs
b.
help him or her to see through the errors in data collection before making an erroneous decision
c.
assist in viewing the data in even finer detail so that he or she can make the most informed decision possible
d.
allow him or her to view data as an easy to understand image that might be recognized as a pattern and solved without costly data analysis
Answer:
Explanation:
C
Paraguay Pipes Inc. has a cost of equity of 11.1 percent, the YTM on the company's bonds is 5.7 percent, and the tax rate is 35 percent. The company's bonds sell for 93.1 percent of par. The debt has a book value of $393,000 and total assets have a book value of $947,000. If the market-to-book ratio is 2.59 times, what is the company's WACC?
Answer: 9.5978%
Explanation:
Firstly, we should note that the total book value of equity will be the difference between the total assets book value and the total debt book value which will be:
= $947,000 - $393,000
= $554,000
Then, we'll calculate the market value which will be:
= market-to-book ratio × book value
= 2.59 × $554,000
= $1,434,860
Then, the after tax cost of debt will be:
= 5.7(1 - Tax rate)
= 5.7(1 - 35%)
= 5.7(1 - 0.35)
= 5.7(0.65)
= 3.705%
Equity = $1,434,860
Debt = $393,000 × 93.1%
= $365883
Total market value = $1,800,743
WACC = Respective costs × Respective weights
= ($1,434,860/$1,800,743 × 11.1%) + ($365883/$1,800,743 × 3.705%)
= 0.08845 + 0.007528
= 0.095978
= 9.5978%
Which of the following items is an implicit transaction? Recognizing a gain on the sale of equipment Recording payment of monthly interest on loan Recognizing impairment on an intangible asset Recognizing deferred revenue through delivery of goods
Answer:
The correct answer is the second option: Recording payment of monthly interest on loan.
Explanation:
To begin with, the term known as "implicit transaction" in the field of business management and accounting refers specifically to the situation where the "transaction" was not intended in the first place as a directly situation to get, therefore that it is said to be an opportunity cost that happens when the company uses another resources in order to do another activities. For example the situation where the monthly interest on the loan is paid back to the company.
In each dropdown next to the following terms, select the identifying letter of its best description. Incurs costs without directly yielding revenues. Provides information used to evaluate the performance of a department. Costs incurred for the joint benefit of more than one department. Costs that a manager has the ability to affect. Holds manager responsible for revenues, costs and investments. Provides information to evaluate the performance of a department manager.
Answer:
Cost center ⇒ Incurs costs without directly yielding revenues.
Investment center ⇒ Holds manager responsible for revenues, costs and investments.
Departmental accounting system ⇒ Provides information used to evaluate the performance of a department.
Indirect expenses ⇒ Costs incurred for the joint benefit of more than one department.
Controllable Cost ⇒ Costs that a manager has the ability to affect.
Responsibility accounting system ⇒ Provides information to evaluate the performance of a department manager.
Given the following information, calculate the effective gross income: property: 4 office units, contract rents per unit: $2,750 per month; vacancy and collection losses: 18%; operating expenses: $41,000; capital expenditures: 11%.
Answer:
the effective gross income is $117,480
Explanation:
The computation of the effective gross income is shown below:
= Gross income - vacancy income
= ($2,750 × 4 units × $12) - ($2,750 × 12 × 4 × 11%)
= $132,000 - $14,520
= $117,480
hence, the effective gross income is $117,480
The same is to be considered and relevant
All other things being equal, consumers tend to prefer dollar savings over percentage savings. larger retail outlets over smaller outlets. external reference prices over internal reference prices. percentage savings over dollar savings. smaller retail outlets over larger outlets.
Answer: larger retail outlets over smaller outlets.
Explanation:
A retail outlet can be refered to as a store or a shop whereby buyers can visit in order to make purchases.
It should be noted that consumers will prefer the larger retail outlets over the smaller outlets. A reason attributed to this is that there are varieties of products that can be chosen by the consumers. Also, the consumers can enjoy discount when they buy in large quantities.
What is the difference between economics and geography? -,-
Answer:
Economics is a Bhadda subject aur geo Ki to pucho he mat ok bye
Department stores have increasingly used designer boutiques to highlight specific designers to small market segments. This strategy most closely resembles that of which retail institution
Answer:
Specialty Store
Explanation:
A specialty store is a store where it keeps the high brand, style or models having the narrow category of goods and services. The products like furniture, sporting goods, bookstores are categorized as the speciality stores.
Since in the given situaton, it is mentioned that the stores increase the usage of the designer boutique for highlighting the particular designers for the small market so this represent the speciality store of that retail institution
Evaluate the product-company and product market fit of the line extension options. Does the idea fit with the company and market
no lo se naday9gxyh87cycu7gg7g
You can display good customer service by
Answer:
Showing good manner, asking if they need anything, and etc...
Explanation:
Answer:
having a professional appearance while attending to costumers.
hope this helps
have a good day:)
Explanation:
At the beginning of the year, Sigma Company's balance sheet reported Total Assets of $366,000 and Total Liabilities of $28,300 and Total Paid-in capital of $113,200. During the year, the company reported total revenues of $435,000 and expenses of $336,500. Also, dividends during the year totaled $86,000. Assuming no other changes to Retained earnings, the balance in the Retained earnings account at the end of the year would be:
Answer:
I don't really know
Explanation:
I have absolutely no clue. good luck.
what is the major difference between money markets and capital markets: One is more domestic while the other is more international
Answer:
The major difference between money markets and capital markets is:
the time horizon of the debt instruments.
Explanation:
A money market is a global financial market for the exchange of short-term debts (or debt instruments that mature in less than or equal to one year). A capital market is also a global financial market for the exchange of long-term debt instruments (or securities that mature in more than one year). Additionally, the capital market, unlike the money market, enables the exchange of equity securities (common stocks and preferred stocks). Principally, the major difference is the time horizon provided by the two markets.
Gerritt wants to buy a car that costs $28,250. The interest rate on his loan is 5.45 percent compounded monthly and the loan is for 5 years. What are his monthly payments
Answer:
$538.96
Explanation:
The monthly payments or installation (PMT) can be simply determine using a financial calculator as :
PV = $28,250
I = 5.45 %
P/YR = 12
N = 5 x 12 = 60
FV = $ 0
PMT = ?? ($538.96)
Therefore,
The monthly payments or installation (PMT) is $538.96
thus,
Gerritt monthly payments are $538.96.
Understand and explain the process of idea generation and validation
Answer:
Idea generation is the creative process or procedure that a company uses in order to figure out solutions to any number of difficult challenges. It involves coming up with many ideas in a group discussion, selecting the best idea or ideas, working to create a plan to implement the idea, and then actually taking that idea and putting it into practice. The idea can be tangible, something you can touch or see, or intangible, something symbolic or cultural.
Idea validation is the process of testing and validating your idea prior to launching your business name, tagline, product, service or website. This is like the research and development process big companies use to test product ideas before they’re released to the general public.
Idea validation can involve anything from information-gathering interviews to special landing pages on the web. The entire purpose is to expose the idea to your target audience before you build and release the final product.
Suppose there are two breakfast restaurants in your college town, Waffle Kingdom and Flip's Flapjacks, and they decide to operate collusively as a cartel. If both restaurants abide by the cartel's agreement, each will earn $80000 in profit. If both restaurants cheat on the cartel's agreement, both will earn $15000 in profit. If one restaurant cheats and the other abides by the agreement, the cheater will earn a profit of $120000, while the restaurant that abides will have a loss of $7500. The most profitable combined outcome for the two restaurants would be:____________
a. for both restaurants to abide by the cartel’s agreement.
b. for both restaurants to cheat on the cartel’s agreement.
c. for Waffle Kingdom to cheat on the agreement and Flip’s Flapjacks to abide by the agreement.
d. There is not a profitable outcome for both restaurants.
Answer:
a. for both restaurants to abide by the cartel’s agreement.
Explanation:
As per the given situation, the most profitable outcome i.e. combined for the two restaurants is that the both restaurant should be abide via cartel agreement as in the both cases the earnings is $80,000 so this represent the most profitable condition for these two restaurants
Hence, the option a is correct
And, the rest of the options are wrong
Auerbach Inc. issued 8% bonds on October 1, 2021. The bonds have a maturity date of September 30, 2031 and a face value of $225 million. The bonds pay interest each March 31 and September 30, beginning March 31, 2022. The effective interest rate established by the market was 10%. Assuming that Auerbach issued the bonds for $255,366,000, what would the company report for its net bond liability balance at December 31, 2021, rounded up to the nearest thousand?
Answer:
Auerbach Inc.
For its net bond liability balance at December 31, 2021, the company would report:
= $253,482 (in thousands).
Explanation:
a) Data and Calculations:
Face value of bonds = $225,000,000
Price of bonds = $255,366,000
Bonds premiums = $30,366,000 ($255,366,000 - $225,000,000)
Maturity date = September 30, 2031
Maturity period = 10 years
Coupon interest rate = 8%
Effective interest rate = 10%
Payment of interest = Semiannually on March 31 and September 30:
December 31, 2021:
Interest expense = $6,384,150 ($255,366,000 * 10% * 3/12)
Cash payment = $4,500,000 ($225,000,000 * 8% * 3/12)
Premium amortization = $1,884,150
Fair value of bonds payable = $253,481,850 ($255,366,000 - $1,884,150)
Baby Day Care, a sole proprietorship, wants to pay as many of its obligations as reasonably possible, and be discharged of the rest. To accomplish this goal, the proprietorship should file a petition in bankruptcy under for relief through:_______
a. a liquidation.
b. a reorganization.
c. a repayment plan.
d. an adjustment plan.
Answer:
b. a reorganization.
Explanation:
Under the chapter 13, the bankruptcy should be filed and it mainly reorganization plan for the payment. It is to be done by splitting the non-secured debt across the various years also it permits the individual to retain the assets
So as per the given situation, in order to attain the goal, the proprietorship should file the petition in bankruptcy under for relief via a reorganization
If the reserve requirement was 13% and a bank customer makes a deposit of $440 at the Springfield Bank, the initial result would be: Group of answer choices
Answer:
O a $382.8 increase in excess reserves and a $57.2 increase in required reserves.
Explanation:
Here is the complete question :
If the reserve requirement was 13% and a bank customer makes a deposit of $440 at the Springfield Bank, the initial result would be:
O a $57.2 increase in excess reserves and a $382.8 increase in required reserves.
O a $382.8 increase in excess reserves and a $57.2 increase in required reserves.
O a $57.2 increase in required reserves and a $2,944.6 increase in excess reserves.
O a $440 increase in required reserves and a $2.944.6 increase in excess reserves.
Reserves is the total amount of a bank's deposit that is not given out as loans
There are two types of reserves
Required reserveExcess reserveRequired reserves is the percentage of deposits required of banks to keep as reserves by the central bank
Required reserves = reserve requirement x deposits
0.13 x $440 = $57.20
Excess reserves is the difference between reserves and required reserves
$440 - $57.20 = $382.80
Type the correct answer in the box. Spell all words correctly.
Identify the activities in the receiving step in the supply chain process.
In a supply chain process, the receiving step consists of taking receipt of material and _________ the inventory records
(it's not inspect or requisition**) Giving 15 points
Answer:
inspect
Explanation:
plato
Answer:
The correct answer is UPDATING
Explanation:
Analyze and discuss when earnings management may be an ethical practice and when it is an unethical practice
Earning management follow ethical practices and unethical practice too that results in a genuine relationship among social responsibility. Similarly unethical have negative relationships and short-term goals. Unethical earning presents a misleading report.
To follow ethical practices right decisions, need to be followed that allow management to frame a better view. A practice that leads to a fair view of presentation is referred to as ethical practices that focus on long-term goals and not on personal gains. Where practices lead to misleading of activities that mislead users and stakeholders as well then such practices lead to unethical practice
Its the choice of the head department to keep up the policies that affect earning management followed by the ethical results.
Your business sponsor and customer informed you that you have to deliver your project much sooner than anticipated. When you break the news to your team, they are not happy with the decision for they are concerned that the project will now fail. Using the information you learned from readings, what can you do as a leader to ensure your project team that this is the right thing to do
Answer:
Motivate the team
Explanation:
The team needs to be motivated to be working hard and the project does not fail. The workers can be motivated with extensive work plan which is also needs to be achievable, split the work in small tasks and goals so the workers stay motivated while working. Attach monetary rewards for completing the tasks on time, overtime can also be included with enough motivating $/hour.
Tim has a knee replacement. He has applied for a loan for this surgery; the loan has an annual interest rate of 9 percent. The artificial knee can function for 10 years and depreciates at a constant rate every year until the time of replacement. Fees for knee replacement surgery are expected to grow at 10 percent annually. What is the cost of this capital
What is the present value of a constant perpetuity of 25 per year where the required rate of return is 5%
Answer:
The present value of a constant perpetuity of 25 per year where the required rate of return is 5% is:
$500
Explanation:
a) Data and Calculations:
A constant perpetuity = $1
Present value factor of a constant perpetuity for 25 per year at 5% is $1/0.002
Number of periods for the perpetuity per year = 25
Required rate of return = 5%
Rate of return per period = 5%/25 = 0.002
Therefore, the value of a constant perpetuity = $1/0.002
= $500
The $500 can be used to multiply any amount given obtain the total value of the perpetuity.
The present value of a constant perpetuity of 25 per year where the required rate of return is 5% is $500
Given the information below :
We know that a constant perpetuity(payments) = $1
Required rate of return = 5%
Rate of return per period = 5%/25 = 0.002
Number of periods for the perpetuity per year = 25
Therefore, the value of a constant perpetuity
= Payments / Rate of return per period
= $1 / 0.002
= $500
Hence, present value of a constant perpetuity of 25 per year where the required rate of return is 5% is $500
Learn more about constant perpetuity here : https://brainly.com/question/17157614
Actual labor rate $16 per hour Actual materials price $160 per ton Standard labor rate $15.50 per hour Standard materials price $163 per ton Quantities Actual hours incurred and used 5,000 hours Actual quantity of materials purchased and used 1,700 tons Standard hours used 5,040 hours Standard quantity of materials used 1,675 tons (a) Compute the total, price, and quantity variances for materials and labor. Total materials variance $enter a dollar amount select an option Materials price variance $enter a dollar amount select an option Materials quantity variance $enter a dollar amount select an option Total labor variance $enter a dollar amount select an option Labor price variance $enter a dollar amount select an option Labor quantity variance
Answer:
Materials price variance $5,100 F
Materials quantity variance $4,075 U
Total labor variance $2,500 U
Labor price variance $620 F
Explanation:
a) Data and Calculations:
Actual Standard
Labor rate per hour $16 $15.50
Material price per ton $160 $163
Labor hours 5,000 5,040
Materials 1,700 1,675
a) Total price variance for materials = Standard price per ton - Actual price per ton * Actual materials
= $163 - $160 * 1,700
= $5,100 F
b) Total quantity variance for materials = Standard quantity - Actual quantity * Standard price
= 1,675 - 1,700 * $163
= 25 * $163
= $4,075 U
c) Total price variance for labor = Standard rate per hour - Actual rate per hour * Actual labor hours
= $15.50 - $16 * 5,000
= -$0.50 * 5,000
= $2,500 U
d) Total quantity variance for labor = Standard labor hours - Actual labor hours * Standard rate
= 5,040 - 5,000 * $15.50
= $620 F
When a company is operating at capacity and they lose revenue from regular customers by accepting a special order, the loss of revenue is an example of: An unavoidable cost A revenue cost An opportunity cost A sunk cost
Answer:
An opportunity cost
Explanation:
The opportunity cost is the cost where the loss occurs from the benefit could have been enjoyed in the case when the best alternative choice was selected Since in the question it is mentioned that the company operating at a capacity and than lose revenue from the regular customers so it is an opportunity cost