Here is the income statement for Windsor, Inc. WINDSOR, INC. Income Statement For the Year Ended December 31, 2022 Sales revenue $420,100 Cost of goods sold 235,100 Gross profit 185,000 Expenses (including $16,100 interest and $21,900 income taxes) 72,500 Net income $ 112,500 Additional information: 1. Common stock outstanding January 1, 2022, was 22,400 shares, and 36,600 shares were outstanding at December 31, 2022. 2. The market price of Windsor stock was $12 in 2022. 3. Cash dividends of $22,600 were paid, $4,600 of which were to preferred stockholders. Compute the following measures for 2022. (Round all answers to 2 decimal places, e.g. 1.83 or 2.51%) (a) Earnings per share $enter earnings per share in dollars 3.66 (b) Price-earnings ratio enter price-earnings ratio in times 3.28 times (c) Payout ratio enter payout ratio in percentages 19.8 % (d) Times interest earned enter times interest earned 9.35 times

Answers

Answer 1

Answer:

a) Earning per share $3.66

b) Price earning ratio 3.28 times

c) Payout ratio 20.09%

d) Time Interest earned 9.35 times

Explanation:

A) Calculation for Earnings per share

First step is to calculate the Weighted Average number of common shares outstanding using this formula.

Weighted Average number of common shares outstanding = (Number of common shares outstanding in the beginning + Number of common shares outstanding in the end)/2

Let plug in the formula

Weighted Average number of common shares outstanding= (22,400 + 36,600)/2

Weighted Average number of common shares outstanding= 29,500

Now let calculate the Earnings per share using this formula

Earnings per share = (Net income – Preferred stock dividend)/Weighted Average number of common shares outstanding

Let plug in the formula

Earnings per share= (112,500 – 4,600)/29,500

Earnings per share= 107,900/29,500

Earnings per share= $3.66

B) Calculation for Price-earnings ratio enter price-earnings ratio in times

Using this formula

Price earnings ratio = Market price of 1 common share/Earnings per share

Let plug in the formula

Price earnings ratio= 12/3.66

Price earnings ratio= 3.28 times

C) Calculation for Payout ratio enter payout ratio in percentages using this formula

Payout ratio = Cash dividends/Net income

Let plug in the formula

Payout ratio= 22,600/112,500

Payout ratio= 20.09%

D) Calculation for Times interest earned enter times interest earned using this formula

Times interest earned = (Net income + Interest expense + Tax expense)/Interest expense

Let plug in the formula

Times interest earned= (112,500 + 16,100 + 21,900)/16,100

Times interest earned= 150,500/16,100

Times interest earned= 9.35 times

Therefore:

a) Earning per share $3.66

b) Price earning ratio 3.28 times

c) Payout ratio 20.09%

d) Time Interest earned 9.35 times


Related Questions

Assume Concord Corporation has the following reported amounts: Sales revenue $1,000,000, Sales returns and allowances $29,000, Cost of goods sold $657,367, and Operating expenses $215,600. (a) Compute net sales. Net sales $enter net sales in dollars (b) Compute gross profit. Gross profit $enter gross profit in dollars (c) Compute income from operations. Income from operations $enter Income from operations in dollars (d) Compute the gross profit rate. (Round answer to 1 decimal place, e.g. 25.2%.)

Answers

Answer:

Concord Corporation

(a) Net sales $971,000

(b) Gross profit $313,633

(c) Income from operations $98,033

(d) Gross profit rate = 313,633/971,000 * 100

= 32.3

Explanation:

a) Data and Calculations:

Sales revenue                      $1,000,000

Sales returns and allowances $29,000

Net Sales                                 $971,000

Cost of goods sold                $657,367

Gross profit                               313,633

Operating expenses             $215,600

Income from operations         $98,033

The following is cost information for the Creamy Crisp Donut Company. Entrepreneur's potential earnings as a salaried worker = $50,000 Annual lease on building = $22,000 Annual revenue from operations = $380,000 Payments to workers = $120,000 Utilities (electricity, water, disposal) costs = $8,000 Value of entrepreneur's talent in the next best entrepreneurial activity = $80,000 Entrepreneur's forgone interest on personal funds used to finance the business = $6,000 Creamy Crisp Multiple Choice has lower implicit costs, including a normal profit, than its explicit costs. is earning a normal profit but not an economic profit. is earning an economic profit. is suffering an economic loss, when implicit costs are considered.

Answers

Answer:

is earning an economic profit.

Explanation:

implicit costs = $50,000 + $80,000 + $6,000 = $136,000

revenues = $380,000

explicit costs = $22,000 + $120,000 + $8,000 = $150,000

economic profit = $380,000 - $150,000 - $136,000 = $94,000

The owner of Genuine Subs, Inc., hopes to expand the present operation by adding one new outlet.
She has studied three locations. Each would have the same labor and materials costs (food, serving
containers, napkins, etc.) of $1.76 per sandwich. Sandwiches sell for $2.65 each in all locations.
Rent and equipment costs would be $5,000 per month for location A, $5,500 per month for location B, and $5,800 per month for location C.
a. Determine the volume necessary at each location to realize a monthly profit of $10,000.
b. If expected sales at A, B, and C are 21,000 per month, 22,000 per month, and 23,000 per
month, respectively, which location would yield the greatest profits?

Answers

Answer:

Genuine Subs, Inc.

a. Volume necessary at each location to realize a monthly profit of $10,000:

Locations                      A                B                C

Sales volume =      16,854         17,416         17,753

b. Location C yields the greatest profits.

Explanation:

a) Data and Calculations:

Locations                      A                B                C

Sales per unit           $2.65        $2.65        $2.65

Variable cost               1.76            1.76            1.76

Contribution            $0.89         $0.89        $0.89

Fixed costs:

Rent & equipment

 cost                       $5,000      $5,500       $5,800

Target profit =         10,000       10,000        10,000

Sales volume = (Fixed cost + Target profit)/Contribution per unit

=                            $15,000    $15,500       $15,800

Contribution            $0.89         $0.89        $0.89

Sales volume =      16,854         17,416         17,753

Location yielding the greatest profits:

Locations                      A                B                C

Contribution            $0.89         $0.89        $0.89

Expected sales units 21,000       22,000   23,000

Contribution margin $18,690    $19,580   $20,400

Rent & equipment

 cost                          $5,000     $5,500      $5,800

Profits                       $13,690    $14,080     $14,600

Item9 Time Remaining 34 minutes 55 seconds00:34:55 Item 9 Time Remaining 34 minutes 55 seconds00:34:55 Babuca Corporation has provided the following production and total cost data for two levels of monthly production volume. The company produces a single product. Production volume 13,900 units 15,000 units Direct materials $ 813,150 $ 877,500 Direct labor $ 215,450 $ 232,500 Manufacturing overhead $ 1,011,500 $ 1,024,150 The best estimate of the total variable manufacturing cost per unit is: (Round your intermediate calculations to 2 decimal places.) Multiple Choice

Answers

Answer:

$85.50

Explanation:

Particulars              Amount       Amount     Difference

Direct materials      $813,150      $877,500     $74,350

Direct labor             $215,450     $232,500     $17,050

Manufacturing OH  $1,011,500   $1,024,150    $12,650

T.V. Overheads       2040100     2134150        $94,050

Production Volume   13,900         15,000         1,100      

Variable Cost per unit                                      $85.50

Gelb Company currently manufactures 56,500 units per year of a key component for its manufacturing process. Variable costs are $4.05 per unit, fixed costs related to making this component are $85,000 per year, and allocated fixed costs are $78,500 per year. The allocated fixed costs are unavoidable whether the company makes or buys this component. The company is considering buying this component from a supplier for $3.50 per unit. Calculate the total incremental cost of making 56,500 units and buying 56,500 units. Should it continue to manufacture the component, or should it buy this component from the outside supplier

Answers

Answer:

Incremental Costs to Make

Variable Cost Per Unit = $4.05 = 56,500 units*$4.05 = $228,825

Fixed Manufacturing Costs =                                            $85,000

Total Incremental Costs to Make                                    $313,825

Incremental Costs to Buy

Purchase Price Per Unit = $3.50 = 56,500 unit*$3.50 = $197,750

Total Incremental Cost to Buy                                       = $197,750

The company should buy the component from outside supplier as it results in a lower total incremental cost of $197,750

how do I create a marketing plan ​

Answers

Write a simple executive summary.
Set metric-driven marketing goals.
Outline your user personas.
Research all of your competitors.
Set accurate key baselines & metrics.
Create an actionable marketing strategy.
Set tracking or reporting guidelines.

whats a good song

ill mark brain star

Answers

Answer:

it depends like like this person nf.....and kpop.....

there is a song from him....clouds and intro 1 2 and 3

Explanation:

I listen to stray kids too:))))))))))

Heinz Company began operations on January 1, 2017, and uses the first in, first out (FIFO) method in costing its raw material inventory. Management is contemplating a change to the last in, first out (LIFO) method and is interested in determining what effect such a change will have on net income. Accordingly, the following information has been developed: Final Inventory 2017 2018 FIFO $640,000 $ 712,000 LIFO $560,000 $636,000 Net Income (computed under the FIFO method) $980,000 $1,030,000 Based on the above information, a change to the LIFO method in 2018 would result in net income for 2018 of ________. Group of answer choices $1,070,000 $1,030,000 $954,000 $950,000

Answers

Answer:

C. $954,000

Explanation:

Final inventory      FIFO            LIFO      Difference

2017                      640,000    560,000     80,000

2018                      712,000     636,000      76,000

Note: When method is changed to LIFO in 2018, it will effect ending inventory of 2018 only.

Net income as per FIFO                         $1,030,000

Decrease in income due to decrease  -$76,000    

in the ending inventory as per LIFO

Net income as per LIFO                         $954,000

So, a change to the LIFO method in 2018 would result in net income for 2018 of $954,000

0.0004×0.81/0.0027×0.004

Answers

Answer:

0.00048

Explanation:

I hope this helped

The government passes a new investment tax credit initiative. Which input in the production function changes, and what is the effect on economic growth in the country? The capital stock decreases, and economic growth is negatively affected. Technological advance occurs, but there is no effect on economic growth. The capital stock increases, and economic growth is positively affected. Human capital is enhanced, and economic growth is positively affected.

Answers

Answer: The capital stock increases, and economic growth is positively affected.

Explanation:

If the government offers an investment tax credit, a situation will arise where entities will invest more knowing that they do not have to pay as much in taxes.

This investment will lead to an increase in capital stock as this is what investment purchases to enable production. With more capital stock, production levels will rise and the economy will grow.

Management is a separate and different disciple than leadership.

Answers

Answer:

One of the main differences between management and leadership is the way in which the two disciplines motivate people and teams to achieve objectives. Managers rely on their authority to get work done. Leaders, on the other hand, influence, inspire and appeal to people at an individual level.

Explanation:

:)

Accrued revenues: Multiple Choice At the end of one accounting period result in cash receipts in a future period. At the end of one accounting period often result in cash payments in the next period. Are also called unearned revenues. Are listed on the balance sheet as liabilities. Are recorded at the end of an accounting period because cash has already been received for revenues earned.

Answers

Answer:

At the end of one accounting period result in cash receipts in a future period.

Explanation:

Accrued revenues is money owed by customers for goods bought or services purchased.

Accrued revenue is recorded as an asset on the balance sheet as receivables.

For example, if a customer buys a dress and is yet to pay for the dress. the amount the customer is supposed to pay is recorded as an accrued revenue at the end of the accounting period

Unearned revenue is money received by a company for services that are yet to be rendered.

Why do managers suggest that ignoring all cash flows following the assigned payback period is not a major flaw of the payback method of capital budgeting analysis? Payback is never used in real practice so it makes no difference how academics apply the method in their studies If the cash flows after the required payback period are significant, managers will use their discretion to override the payback rule. All cash flows after the first two years are highly inaccurate so including them lessens the reliability of the resulting decision. All cash flows after the assigned payback period are relatively worthless in today’s dollars so ignoring them has no consequence. The results of including the cash flows after the required payback period rarely have any effect on the accept/reject decision.v

Answers

Answer:

The answer is "choice B".

Explanation:

Please find the numbering of the question in the attachment file.

Whenever the cash flows become substantial after the required period, managers would use their option to surpass the pay-back rule, as well as the managers, recommend that ignoring all investment returns after a period of pay-back would not be an important component in the capital-budget evaluation repayment process, that's why the choice "B" is correct.

Karev Company started Year 2 with a $500 balance in its Cash account, a $500 balance in its Supplies account and a $1,000 balance in its common stock account. During Year 2 the company experienced the following events. (1) Paid $334 cash to purchase supplies (2) Physical count revealed $211 of supplies on hand at the end of Year 2 Based on this information the amount of supplies reported on the Year 2 Balance Sheet is $_______________

Answers

Answer: $211

Explanation:

Based on the information given in the question, the amount of supplies reported on the Year 2 Balance Sheet will be $211.

The answer is $211 because that is the actual inventory that was given in the question and therefore should be the value that should be reported on the Year 2 balance sheet.

Exercise 2-4 (Algo) Journal entries [LO2-3] The following transactions occurred during the month of June 2021 for the Stridewell Corporation. The company owns and operates a retail shoe store. Issued 90,000 shares of common stock in exchange for $450,000 cash. Purchased office equipment at a cost of $80,000. $32,000 was paid in cash and a note payable was signed for the balance owed. Purchased inventory on account at a cost of $180,000. The company uses the perpetual inventory system. Credit sales for the month totaled $306,000. The cost of the goods sold was $153,000. Paid $4,000 in rent on the store building for the month of June. Paid $2,160 to an insurance company for fire and liability insurance for a one-year period beginning June 1, 2021. Paid $130,050 on account for the merchandise purchased in 3. Collected $61,200 from customers on account. Paid shareholders a cash dividend of $4,500. Recorded depreciation expense of $1,600 for the month on the office equipment. Recorded the amount of prepaid insurance that expired for the month.

Answers

Answer:

S/n   General Journal         Debit            Credit

1.       Cash                        $450,000  

              Common Stock                       $450,000

         (Issued Common stock $5 par value)

2.     Furniture and Fixture $80,000  

               Cash                                        $32,000

               Note Payable                          $48,000

3.      Inventory                    $180,000  

                Accounts Payable                  $180,000

4.     Accounts receivable   $306,000

                Sales                                       $306,000

       Cost of goods sold      $153,000  

                 Inventory                                $153,000

5.     Rent Expense               $4,000  

                 Cash                                        $4,000

6.    Prepaid Expense           $2,160  

                 Cash                                          $2,160

7.    Accounts payable         $13,050  

                 Cash                                          $13,050

8.    Cash                                $61,200  

                Accounts Receivables              $61,200

9.    Dividend                        $4,500  

                Cash                                            $4,500

10.  Depreciation Expenses $1,600

             Acc. Dep. Furniture & fixtures       $1,600

11.   Insurance Expense         $180 (2,160/12)

            Prepaid Expense                            $180

Stationery Supplies is considering installing an inventory control system in its store in Provo, Utah. The store carries about 1,400 different inventory items and has annual gross sales of about $80,000. The inventory control system would cost $12,500 to install and about $2,000 per year in additional supplies, time, and maintenance. If the savings to the store from the system can be represented as a fixed percentage of annual sales, what would that p

Answers

Answer:

5.63%

Explanation:

Missing word "have to be in order for the system to pay for itself in five years or less?"

Total cost = Installation cost + Holding cost

Total cost = 12500 + (2000*5)

Total cost = $22,500

Sales * Saving rate * Number of years = Total cost

80,000 * S * 5 = $22,500

S = $22,500/$400,000

S = 0.05625

S = 5.63%

Thus, it is required for the company to have 5.62% of saving rate per year to pay for the system.

A firm has $3,600,000 in its common stock account and $36,000,000 in its paid in capital accountThe firm issued 450,000 shares of common stock. What was the issue price (market value) if only one stock issuance has occurred?

Answers

Answer:

the issue price is $88 per share

Explanation:

The computation of the issue price is shown below:

= (Common stock + paid in capital) ÷ (Number of common shares issued)

= ($3,600,000 + $36,000,000) ÷ 450,000 shares

= $39,600,000 ÷ 450,000 shares

= $88 per share

Hence, the issue price is $88 per share

Consider two markets: the market for cat food and the market for dog food. The initial equilibrium for both markets is the same, the equilibrium price is $1.50 , and the equilibrium quantity is 21.0 . When the price is $8.75 , the quantity supplied of cat food is 57.0 and the quantity supplied of dog food is 107.0 . For simplicity of analysis, the demand for both goods is the same. Using the midpoint formula, calculate the elasticity of supply for dog food. Please round to two decimal places.

Answers

Answer:

Elasticity of supply for dog food = 0.95

Explanation:

From the question, we have:

New quantity supplied of dog food = 107.0

Old quantity supplied of dog food = Initial equilibrium quantity = 21.0

New price = $8.75

Old price = Initial equilibrium price = $1.50

Generally, the formula for calculating the elasticity of supply is as

follows:

Elasticity of supply = Percentage change in quantity supplied / Percentage change in price ................ (1)

Where, based on the midpoint formula, we have:

Percentage change in quantity supplied of dog food = {(New quantity supplied of dog food - Old quantity supplied of dog food) / [(New quantity supplied of dog food + Old quantity supplied of dog food) / 2]} * 100 = {(107.0 - 21.0) / [(107.0 + 21.0) / 2]} * 100 = 134.375%

Percentage change in price = {(New price - Old price) / [(New price + Old price) / 2]} * 100 = {(8.75 - 1.50) / [(8.75 + 1.50) / 2]} * 100 = 141.463414634146%

Substituting the values into equation (1), we have:

Elasticity of supply for dog food = 134.375% / 141.463414634146% = 0.94989224137931

Approximated to 2 decimal places, we have:

Elasticity of supply for dog food = 0.95

Elm Company's accounting records reflect the following inventories: Dec. 31, 2020 Dec. 31, 2019 Raw materials inventory $420,000 $350,000 Work in process inventory 400,000 275,000 Finished goods inventory 200,000 125,000 During 2020, $750,000 of raw materials were purchased, direct labor costs amounted to $560,000, and manufacturing overhead incurred was $630,000. The total raw materials available for use to assign to production during 2020 for Elm Company is Group of answer choices

Answers

Answer:

$680,000

Explanation:

The computation of the raw material allocated to production is shown below:

As we know that

Raw materials used in production = Beginning raw materials + Purchase of raw materials -  Ending raw materials

= $350,000 + $750,000 - $420,000

= $680,000

Whats the difference between a debit card and a credit card ? ( PLEASE GIVE LARGE EXPLANATION )

Answers

Answer:

The main difference between a debit card and a credit card is that a debit card withdrawals money from your current account balance while a credit card allows you to borrow money that is to be paid back in the future. Immediate vs. Future Payment

Explanation:

Suppose that Denver Financial Co. expects the exchange rate of the New Zealand dollar (NZ$) to appreciate from its current level of 0.5 to 0.55 in 30 days. Denver Financial seeks to capitalize on this potential opportunity. Suppose that Denver Financial begins by borrowing $30,000,000 and converting it to New Zealand dollars (NZ$). The following table shows the short-term interest rates (annualized) in the interbank market.
Currency Lending Rate Borrowing rate
(Adjusted for 30-day period) (Adjusted for 30-day period)
U.S. Dollars 6.62% 7.10%
New Zealand Dollars (NZ$) 6.38% 6.86%
Suppose that Denver Financial takes its NZ$60,000,000.00 and invests it. Denver Financial can earn a 0.0053 percent return after 30-days. Hint: Assume 360 days in a year At the end of 30-days, Denver Financial will have a total of NZ:___________(New Zealand dollars) from the investment.
a. $54287100
b. $42223300
c. $60319000
d. $48255200

Answers

Answer:

c. $60319000

Explanation:

My actual calculation was not exactly that number, it was NZ$60,318,000, but it is the closest option. You calculate it by multiplying the present value x (1 + interest rate) = $60,000,000 x (1 + 0.0053) = $60,000,000 x 1.0053 = $60,318,000

The question only asks to calculate the interest in NZ$, not to convert them to US$.

explain the 5 methods used to measures national income​

Answers

Answer:

National income can be measured through three different methods. The methods are as follows:

1. Product method

In this method National income is determined by the market value of all the final goods and services produced within a nation during a fixed time period.( The goods and Services does not include intermediate goods.)

2. Expenditure method

Under this method the national Income is determined by the total spending on final goods and services which are produced within a nation in a fixed time period.

3. Income method

As the name suggests , national Income under this method is calculated by adding the incomes received by producers.

Explanation:

:)

How do taxes impact your weekly/monthly budget?

Answers

I don’t pay taxes so

Answer:

it takes away your money so the liberals can give it to the lazy people who don't want to work

Explanation:

i literaly have 13% of my paycheck taken by the government

Jennifer has recently found a new job at a local architectural firm. They have offered her a chance to invest money for her retirement. For every 6 percent Jennifer invests from her salary, her company will fund 3 percent. What type of investment does this describe?

A.
money market mutual fund

B.
certificate of deposit

C.
bond

D.
401k

Answers

The answer is D.) 401k

Don't worry about the picture it tells you the correct answer

Hope this helps

401k is the investment option offered by Jenifer’s employer to her.

What is a 401K plan?

Popularly known as an employer-sponsored retirement plan, a 401(K) plan allows certain eligible employees to make tax-deferred contributions from their pay or compensation, based on pre-established criteria.  A 401(k) match is money put into your account by your employer. Up to a predetermined percentage of your pay, your company will match all or a portion of every dollar you put into your 401(k). Employer matching is a crucial perk of your employment that, over time, can greatly increase your 401(k) retirement savings. The employer contribution is pre-tax, whereas the employee contribution is post-tax.

Employers who offer 401(K) plans are also allowed to include a profit-sharing component in the plan as well as make matching or non-elective payments to the plan on behalf of eligible employees.

The typical 401(k) plan is very versatile and provides close to 25 distinct investment possibilities. The fund fees, which were formerly a significant problem, have been steadily declining, which lessens the strain on employees' retirement funds. In fact, the 401(k) contributions that invested a sizeable sum in these index funds as low cost and low risk methods of engaging in the equity markets are responsible for the index funds' quick surge in popularity in the US, including Vanguard and Blackrock. Employees have access to a low-cost way to invest for the future, and since 401(k) contribution limits are inflation-indexed, participants can gradually make higher contributions.

Employers most frequently match worker contributions up to a percentage of annual income. There are a number possible ways to implement this constraint. Your employer has the option of matching all of your contributions up to a certain percentage of your overall compensation or only a portion of them. The latter circumstance necessitates you to make additional contributions to your plan in order to earn the maximum match, even while the overall cap on employer contributions stays the same.

To learn more about 401k plan, click here

https://brainly.com/question/3423296

#SPJ2

On January 1, 2020, Ann Price loaned $216216 to Joe Kiger. A zero-interest-bearing note (face amount, $280000) was exchanged solely for cash; no other rights or privileges were exchanged. The note is to be repaid on December 31, 2022. The prevailing rate of interest for a loan of this type is 9%. The present value of $280000 at 9% for three years is $216216. What amount of interest income should Ms. Price recognize in 2020

Answers

Answer:

$19,459.44

Explanation

Interest expense in 2020 = Loan amount * Prevailing rate of interest

Interest expense in 2020 = $216216 * 9%

Interest expense in 2020 = $19,459.44

So, $19,459.44 is the amount of interest income that Ms. Price should  recognize in 2020

You oversee the $250 petty cash for your company. When an employee needs a special item that is not in inventory, you take money from petty cash to purchase that item.
One day, you are short on cash for lunch. You decide to borrow $10 each day for the next 3 days until payday for a total of $30 from petty cash. After payday, you do not have enough to repay petty cash, so you decide to record a cash short/over expense of $30.

Respond to the following in a minimum of 175 words:

Since this is the first time you have ever done this, is this a problem?
If so, what steps should be taken to fix this problem? If not, why not?

Answers

Answer:

Since this is the first time you have ever done this, is this a problem?

Of course this is a problem, you stole money. Stealing money is not right and it is a problem. If someone finds out, you will lose your job. legally, you could also be prosecuted, but the amount is very little. Another problem is that if you are able to go unpunished and no one finds out, this behavior will continue until you cannot hide it anymore. By then , the amount might be larger, not just a few dollars, and you will be in deep trouble.

If so, what steps should be taken to fix this problem? If not, why not?

Pay back the money you took. Simple as that. Sometimes, doing the correct thing is not difficult. Do not spend money on unnecessary things and pay the $30. Do it before this becomes a bad habit and you get into serious trouble that seriously damage your career. No company will hire someone fired for stealing money form their previous employer.

Here are the data for the past 21 months for actual sales of a particular product: LAST YEAR THIS YEAR January 310 270 February 405 365 March 380 360 April 470 455 May 415 395 June 490 400 July 440 340 August 325 260 September 375 360 October 540 November 595 December 515 Develop a forecast for the fourth quarter using a three-quarter, weighted moving average. Weight the most recent quarter 0.50, the second most recent 0.25, and the third 0.25. Solve the problem using quarters, as opposed to forecasting separate months. (Round your answer to 2 decimal places.)

Answers

Answer:

1041.25

Explanation:

Quarterly sales of most recent quarter Q3 = 340 + 260 + 360 = 960

Quarterly sales of most recent quarter Q2 = 455 + 395 + 400 = 1,250

Quarterly sales of most recent quarter Q1 = 270 + 365 + 360 = 995

Using 3 quarter weighted moving average:

F4 = 0.5(Q3) + 0.25(Q2) + 0.25(Q1)

F4 = 0.5(960) + .025(1250) + 0.25(995)

F4 = 1041.25

Hence, forecast for the fourth quarter using a three-quarter, weighted moving average is 1041.25

Mortensen Industries, which uses a process-costing system, adds material at the beginning of production and incurs conversion cost evenly throughout manufacturing. The following selected information was taken from the company's accounting records: Total equivalent units of materials: 5,000 Total equivalent units of conversion: 4,400 Units started and completed during the period: 3,500 On the basis of this information, the ending work-in-process inventory's stage of completion is: Multiple Choice 60%. 40%. 80%. 70%. some other percentage not listed.

Answers

Answer: 60%

Explanation:

Find the ending work in process.

Materials are complete at inception so the Equivalent units of Materials represent the total units.

Ending WIP will therefore be:

= Materials EUP - Units started and completed

= 5,000 - 3,500

= 1,500 units

Stage of completion is based on Conversion.

Conversion EUP = Total started and completed + (x% * Closing WIP)

4,400 = 3,500 + (x% * 1,500)

4,400 = 3,500 + 15x

15x = 4,400 - 3,500

15x = 900

x = 900/15

x = 60%

Conversion is 60% complete so this is the stage of completion.

is considered to be the shortest path to failure in business.
Select one:
O a. Inflexibility
O b. Intense competition
c. Inability to deal with stress
O d. Changing market demand
Ce. Undercapitalization

Answers

Answer:

c

Explanation:

I thinks it's c because when you deal with stress, you can't do a lot of other things

Its C oh sumeone answred dang

EK Chemical Company sells a specialty chemical in packages marked 83 g. In reality, EK has set the process mean at 84.0 g, and the process currently has a standard deviation of 1.85 g. Suppose the customer will accept anywhere from 78 to 88 g, as long as the average package has at least 83 g a. The process capability index for the current manufacturing process is___________(Enter your response rounded to three decimal places.)

Answers

Answer:

0.7207

Explanation:

Mean  μ = 84g

SD σ = 1.85g

Upper specification limit (USL) = 88g

Lower specification limit (LSL) = 78g

Cpk = Min[USL - μ/3σ,  μ-LSL/3σ]

Cpk = Min[88 - 84/3*1.85, 84-78/3*1.85]

Cpk = Min[4/5.55, 6/5.55]

Cpk = Min[0.7207, 1.0811]

Cpk = 0.7207

So, the process capability index for the current manufacturing process is 0.7207

Other Questions
Read the text and then, based on the information it contains, fill in the gaps in the sentences in Polish.BRITAIN'S MOST DANGEROUS BISCUITSitting down with a cup of tea and a biscuit is great British tradition. Perhaps you think this is a harmless activity - but you are wrong. It can be dangerous. A study revealed that every year about five hundred people end up in a British hospital after an accident involving a biscuit. How on Earth do they do it?Some people fall off their chairs even before they sit down to have tea. How? They stand on the chairs to reach the biscuit tin, and you can guess what happens next. Others are hit in the eye by bits of biscuit flying through the air, and a few hit themselves in the eye with a biscuit. Quite a lot dip their biscuits in hot tea, then burn their mouths - or, if the biscuit breaks in the tea, they burn their fingers. Some people choke, and some break teeth. Some are even bitten (not by the biscuits - but by their pets!).Most of these accidents sound unlikely, but they are all true. However, none of them is as weird as the following one. A man had to be rescued after he tried to pick up a biscuit he had dropped in the street. It had landed in some wet concrete and perhaps you can guess what happened next.That, surely, is the most extraordinary biscuit-related accident ever.Example: Some people can fall off their chairs before they even have their tea and cake.1 Drinking tea in conjunction with eating a cookie has a long tradition in ________________________.2 According to research, about ________________________ people end up in the hospital each year as a result of biscuit-related accidents.3 Reaching for ________________________ can also end unhappy.4 Soaking a cookie in tea can lead to ________________________ or fingers.5 A man needed help after trying ________________________ that fell into wet concrete. What character in Othello could fit the description "what is native may ... turn out to be more monstrous than the strangest alien " ? Write each power as a product of the same factor. Then find the value. 7^2 CAN SOMEONE PLEASE HELP ME!! Twelve pounds of beans are distributed equally into 8 bags to give out at the food bank.How many pounds of beans are in each bag?Enter your answer in the simplest form. Please Help!If you could apprentice in any trade this year, knowing this would likely be your occupation for the rest of your life, what would you choose? Give your reasons. Write 150-200 words. 5. What is the charge on a single proton? SOMEONE HELP PLEASE!! ITS DUE AT 16:00 UK TIME ILL GIVE YOU BRAINLIEST IF ITS RIGHT!!! Which of the following is a solution to the inequality below?10b 59A.) b=2B.) b=7C.) b=11D.) b=9 HOW DO YOU FIND THE MISSING SIDE LENGTH ON SIMILAR TRIANGLES!!! PLEASE HELP... help me with this pleas w Hello... America Consider the equation: x^2+10x+22=13Need help asap!!!! this is due in a hour! Look at the periodic table below. Which of the following lists of elements forms a group on the periodic table?periodic tableGroup of answer choicesSc, Ti, V, C The sum of the interior angles of each polygon is 360. In the diagram ABCD=HGEF find the values of x and y look at photo below How much does a 130 kg object weigh on Earth? decipher this please why dogs are not allowed to eat chocolates? Ill mark u as brainliest!!! Where could point E be located on the coordinate plane ? What are similarities and deference's between coastal tribes and plateau tribe