Answer:
the net purchase is $850
Explanation:
The computation of the net purchase is shown below:
The amount of raw material placed into production = opening inventory + net purchase - ending inventory
$400 = $50 + net purchase - $400
So, the net purchase is $850
hence, the net purchase is $850
The net purchase for the period will be $850.
Amount of raw material placed into production) = Opening inventory + Net purchase - Ending inventory
$400 = $50 + Net purchase - $400
Net purchase = $850
In conclusion, the net purchase for the period will be $850.
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The market for corn in Mexico has a large number of sellers and buyers, and there is no difference in the products sold by each seller. As a result, prices are determined by the Multiple Choice consumers that buy the corn. businesses that sell the corn. forces of supply and demand. agricultural industry.
Answer:
In this market, prices are determined by the
forces of supply and demand.
Explanation:
This Mexican corn market situation describes a perfectly competitive market structure. In a perfectly competitive market, firms face the following conditions: (1) there are many suppliers and many consumers; (2) with identical products; (3) all have relevant decision-making information; and (4) there are free entry and exit of firms. This makes it impossible for one seller or consumer to set prices of the corn.
In an open economy, gross domestic product equals $2,450 billion, consumption expenditure equals $1,390 billion, government expenditure equals $325 billion, investment equals $510 billion, and net capital outflow equals $225 billion. What is national saving
Answer:
$735 billion
Explanation:
Calculation to determine the national saving
Using this formula
National saving =Gross domestic product-Consumption expenditure-Government expenditure
Let plug in the formula
National saving=$2,450 billion-$1,390 billion- $325 billion
National saving=$735 billion
Therefore the national saving is $735 billion
List two types of cash flows an investor can expect to receive from an investment in stock. Explain the volatility of each of these types of cash flows.
Answer:
Operating cash flows which are activities that include a company’s day-to-day activities, for example, purchasing raw material or making sales. Investing cash flows are activities that include purchases and sales of long term assets and other investments.
The riskfree rate is 2.5% and the excess market return is expected to be 6%. Use the Gordon growth model to obtain the intrinsic value of a firm that has a dividend of $4.95, beta of 1.12, and dividend growth of 5%
Answer:
$366.02
Explanation:
The computation of the intrinsic value per share is as follows;
But before that the required rate of return is
As we know that
Required rate of return = Risk free rate of return + beta × (market rate of return - risk free rate of return0
= 2.5% + 1.12 × (6% - 2.5%)
= 6.42%
Now the intrinsic value per share is
= $4.95 × 1.05 ÷ (6.42% - 5%)
= $366.02
recurring sale and purchase is the Hallmark of the business justify the answer
Answer:
Recurring or Repeated transaction of purchase and sale means business due to following reasons :-
》Incentivize your customers with points.
》Grow your customer base through referral programs.
》Improve customer retention with VIP programs.
》Create exclusive discounts for loyal customers.
》Use email retargeting to win customers back.
》Boost repeat purchases through personalized campaigns.
The following information is available for Baker Industries: Cost of goods manufactured $ 320,000 Beginning finished goods inventory 45,000 Ending finished goods inventory 35,000 Compute the cost of goods sold.
Answer:
Baker Industries
The Cost of goods sold for the period is:
= $330,000
Explanation:
a) Data and Calculations:
Cost of goods manufactured $ 320,000
Beginning finished goods inventory 45,000
Ending finished goods inventory 35,000
Cost of goods sold:
Beginning finished goods inventory $45,000
Cost of goods manufactured 320,000
Ending finished goods inventory (35,000)
Cost of goods sold = $330,000
manufacturing costs for August when production was 1,000 units appear below: Direct material $12 per unit Direct labor $7,500 Variable overhead 6,000 Factory depreciation 9,000 Factory supervisory salaries 7,800 Other fixed factory costs 2,500 Compute the flexible budget manufacturing cost amount for a month when 900 units are produced.
Answer:
Total manufacturing Cost $42,250
Explanation:
The computation of the flexible budget manufacturing cost amount for a month when 900 units are produced is given below:
No. of units Produced 900 units
Direct material at $12 per unit $10,800
Direct labor (($7,500 ÷1,000) × 900) $6,750
Variable Overhead ($6,000 ÷ 1000) × 900 $5,400
Factory depreciation $9,000
Factory Supervisory salary $7,800
other fixed factory cost $2,500
Total manufacturing Cost $42,250
RJR Nabisco recently experienced a market reevaluation due to a number of tobacco lawsuits. The firm has a bond outstanding with 15 years to maturity, and a coupon rate of 8 percent, with interest being paid semiannually. The required yield to maturity has risen to 16%. What is the price of the RJR Nabisco bond? a) $1,000 b) $804 c) $767 d) $550
Answer:
d) $550
Explanation:
The computation of the price of the RJR bond is given below;
Given that
Future value assume be $1,000
NPER = 15 × 2 = 30
PMT = $1,000 × 8% ÷ 2 = $40
RATE = 16% ÷ 2 = 8%
The formula is shown below:
=-PV(RATE,NPER,PMT,FV,TYPE)
After applying the above formula, the present value is $550
Describe the key stages in integrating total quality management into the strategy of an international petrochemical company
Answer:
Total quality management (TQM) describes a management approach to long-term success through customer satisfaction. In a TQM effort, all members of an organization participate in improving processes, products, services, and the culture in which they work.Explanation:
If my answer is incorrect, pls correct me!
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Common stock with a total par value of $50,000 (par value of $0.50 per share) have been issued, and 5,000 shares of treasury stock with a total cost of $25,000 have been repurchased. How many total shares are outstanding
Answer: 95000 shares
Explanation:
The total shares that are outstanding will be calculated as the difference between the total shares issued and the treasury Share purchased.
The number of shares issued will be calculated as:
= 50000/0.50
= 100000 Shares
Therefore, the total shares that are outstanding will be:
= 100000 shares - 5000 shares
= 95000 shares
Your design team wants some help with the design of a locally responsive product intended for the host. They wish to own all of the intellectual property rights, and minimize costs. You should:___________a) Greenfield - Open a design studio in the host location.b) Acquire a local design firm in the host.c) Merge with a design firm in the host.d) Enter into a JV with a firm in the host.e) Enter into a sponsored development agreement with an alliance partner in the host.f) None of the choices listed here.g) All of the Greenfield, Acquire, Merge, and JV choices will work fine.
Answer:
b) Acquire a local design firm in the host.
Explanation:
The limitations with related to the greenfield, sponsored, mergers and JVs is that they dont give any assurance of 100% control and the ownership should be considered for the intellectual property
Now if one could select for the acquistion purpose that means they have the overall control and the ownership
So the above should be the answer
Excuse me, what should I do if there is not enough space? Because the outside size of the container was calculated incorrectly, the entire container has already been filled. How could I deal with the extra dozens of packages? Do they need to be declared separately?
Answer: yes
Explanation:
Because you said the container is already filled so there for it wouldn't have enough space to put more in it
draw five sector of macroeconomic model
Answer:
Here's my Macroeconomic model.
Explanation:
Thus, the five-sector model includes (1) households, (2) firms, (3) government, (4) the rest of the world, and (5) the financial sector. The financial sector includes banks and non-bank intermediaries that engage in borrowing (savings from households) and lending (investments in firms).
Construction Inc. contracts to buy some heavy equipment from Dig Machines Inc. Before either party performs, Dig sells its assets to Excavation Corporation. On learning of the sale, Construction is concerned about its contract with Dig. Construction should a. buy the equipment from a different firm and bill Excavation for the price. b. demand an assurance of performance from the seller. c. buy the equipment from a different firm and bill the seller for the price. d. consider the contract repudiated and sue the seller for breach.
Answer:
Option b: Demand assurances of performance from the seller
Explanation:
Right of assurance
This is simply done if a party has reasonable grounds to believe that the other party will not hold their own part of the deal, he or she may ask in writing that the other party give adequate assurance of performance . It is stated that If the second party does not provide reasonable assurance as demanded within 30 days, this failure will lead to repudiation of the contract and can be regarded as an anticipatory breach.
The process for requesting adequate assurance is divided into three reasonable grounds;
1. Reasonable grounds for insecurity
2. Demand for adequate assurances of performance
3. Failure to provide adequate assurance is a Repudiation
Excavation can have some dig assets. That doees not mean they purchase all their asset and even if they do, they did not even purchase the whole company. As the company can produce more, construction conc. should or can place a request across to dig to give assurance of performance.
Plethora Farms purchased a greenhouse for $52,700. Delivery costs totaled $1,825 and handling costs were $3,000. The useful life is 10 years and the salvage value is $14,050. Using the straight-line depreciation method, calculate the book value at the end of year 4. Group of answer choices $31,256 $58,000 $22,000 $40,135
Answer:
$40,135
Explanation:
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
Cost of the asset =purchase cost + delivery cost + handling cost
$52,700 + $1,825 + $3,000 = $57,525
depreciation expense = ($57,525 - $14,050) / 10 = $4,347.50
book value at the end of year 4 = cost of the asset - accumulated depreciation
Accumulated depreciation = $4,347.50 x 4 = $17,390
Book value = $57,525 - $17,390 = $40,135
Problems and Applications Q8 Suppose that the government decides to issue tradable permits for a certain form of pollution. In terms of economic efficiency in the market for pollution, having the government auction the permits off is distributing them to firms. True or False: If the government chooses to distribute the permits, the allocation of permits among firms does not matter for efficiency, but it would affect the distribution of wealth. True False
Answer:
1. False
2. True
Explanation:
Tradable permits issued to firms, there will be no effect on economic efficiency for the market of pollution permit. The revenue of government will be increase by selling and auctioning those permits.
The Fun Tyme Toy Company discovers that one of its products can easily break, exposing children to potential injury from the sharp parts. Under the Consumer Product Safety Act of 1972, how long does Fun Tyme have to report this defect to the Consumer Product Safety Commission
Answer:
The Fun Tyme Toy Company
According to the Consumer Product Safety Act of 1972, Fun Tyme has 24 hours following the discovery of the defect to report it to the Consumer Product Safety Commission.
Explanation:
The purpose of creating the Consumer Product Safety Commission by Congress in 1972 is to ensure that consumers are adequately protected from unreasonable risks of injuries associated with all types of consumer products. The reasonable time to report a defect in any consumer product is within 24 hours after the discovery is made. There are penalties for failure to comply with existing regulations on consumer product safety.
Olinick Corporation is considering a project that would require an investment of $343,000 and would last for 8 years. The incremental cash inflows of the project per year at $107,000. The scrap value of the project's assets at the end of the project would be $23,000. The cash inflows occur evenly throughout the year. The payback period of the project is closest to:___.a) 2.8 years.
b) 4.6 years.
c) 3.5 years.
d) 2.7 years.
Answer:
the payback period of the project is 3.20 years
Explanation:
The computation of the payback period of the project is shown below:
= Investment ÷ incremental cash inflows
= $343,000 ÷ $107,000
= 3.20 years
hence, the payback period of the project is 3.20 years
This is the answer but the same is not provided in the given options
Hence, the same should be considered
Customers arrive at a suburban ticket outlet at the rate of 14 per hour on Monday mornings. This can be described by a Poisson distribution. Selling the tickets and providing general information takes an average of 3 minutes per customer, and varies exponentially. There is 1 ticket agent on duty on Mondays. Determine each of the following:______________(A) system utilization.(B) average number in line.(C) average time in line.(D) average time in the system.
Answer:
Following are the solution to the given points:
Explanation:
When the arrival rate matches the distribution of Poisson, the rate of delivery varies exponentially as well as the server exists. The paradigm, therefore, is W/M/I, an exponential time interval concept, and one server.
Arrival rate [tex](\lambda) = 14\ per\ hour[/tex]
Service rate[tex]( \mu) =\frac{3\ minutes}{customer} = \frac{60 minutes (1 hour)}{3 minutes}= 20 \ \frac{customers}{hour}[/tex]
For point A:
System utilization[tex]=\frac{\lambda}{\mu}=\frac{14}{20}=0.7[/tex]
For point B:
Average number in line:
[tex](L_q )=\frac{\lambda^2}{\mu \times (\mu-\lambda)}\\\\=\frac{14^2}{20\times (20-14)}\\\\= 1.633[/tex]
For point C:
Average time in line:
[tex](W_q)=\frac{L_q}{\lambda}\\\\=\frac{1.633}{14} \ hours\\\\=\frac{1.633}{14} \times 60 \ minutes\\\\= 7\ minutes[/tex]
For point D:
Average time in the system:
[tex](W_s)=w_q+\frac{1}{\mu}\\\\=7\ minutes + \frac{1}{20} \ hours\\\\=7 \ minutes + \frac{60}{20} \ hours\\\\= 7 \ minutes + 3\ minutes\\\\= 10 \ minutes\\[/tex]
Ivan is an operations manager of a chain of amusement parks. Before she determines a new location for a park, she must forecast what the customer demand will be, so she can determine the appropriate capacity. Why is it important for Ivan to efficiently plan the park's capacity needs
Answer:
because Ivan's decisions will impact the substantial cost of the business.
Explanation:
An operations manager is responsible for managing organizational resources and applying them effectively to meet organizational goals and objectives. It is therefore necessary that Ivan as the operations manager of a network of amusement parks, before determining a new location for a park, he must anticipate the customer demand and determine the adequate capacity of the site for the construction of the park. that their decisions will directly impact the substantial cost of the business, that is, the planning must meet the needs specified by the customer so that the cost is compatible with the budget provided for by an effective planning for that business.
Organizational resources must be allocated efficiently and effectively so that there is compliance with the objectives and goals of a business and for it to be well positioned and successful in the market.
Galvatron Metals has a bond outstanding with a coupon rate of 6.3 percent and semiannual payments. The bond currently sells for $949 and matures in 25 years. The par value is $1,000 and the company's tax rate is 39 percent. What is the company's aftertax cost of debt
Answer:
The right response is "4.102%".
Explanation:
Given:
Number of half years,
n = [tex]25\times 2[/tex]
= [tex]50[/tex]
Coupon per half years,
c = [tex]1000\times \frac{6.3 \ percent}{2}[/tex]
= [tex]31.5[/tex]
Price,
pv = 949
Par value,
= 1000
Now,
The YTM will be:
= [tex]rate(n,c,-pv,fv)\times 2[/tex]
= [tex]rate(50,31.5,-949,1000)\times 2[/tex]
= [tex]6.724[/tex] (%)
hence,
After tax cost of debt will be:
= [tex]YTM\times (1-tax \ rate)[/tex]
= [tex]6.724\times (1-39)[/tex]
= [tex]4.102[/tex] (%)
A long-term period of economic recession that leads to a low GDP and very
high unemployment is a(n)
Answer:
Depression
Explanation:
A long-term period of the economic recession that leads to a low GDP and very high unemployment is a(n) DEPRESSION
Depression is an economic term used to describe a deep tumble in an economy that occurs for a long period of more than six months. Depression lasts for years, and it is characterized by low real GDP and an awfully high level of unemployment.
Hence, in this case, the right answer is Depression.
If the price of chocolate-covered peanuts increases and the demand for strawberry licorice twists increases, this indicates that these two goods are _____ goods. Group of answer choices
Answer: substitute goods
Explanation:
Substitute goods refer to the goods that serves thesame purpose by the consumers. A common example is Coke and Pepsi.
For a substitute good, when the price of one of the goods increase, then there will be an increase in the demand of the other one as people will now but more of that good and lesser of its substitute that has a price increase.
In this case, when the price of chocolate-covered peanuts increases and the demand for strawberry licorice twists increases, then the goods are substitute goods.
Mark, a college sophomore, is unsure of his career choice. He was majoring in technology, but he had an internship in computer programming last year and was bored to tears. He felt the internship was a failure. If he came to you, a human resource professional, for advice, which would you tell him
Answer and Explanation:
Since in the given situation it is mentioned that Mark felt that internship was a failure so he wants to considered an internship in the different area of the filed in order to get more ideas. Also, he should think for skills testing and interest on the O ×NET website where he get to know what is the interest of his work or the work he wants to try
So the same is relevant
Following is the sales budget for Coore, Inc., for the first quarter of 2019.
January February March
Sales budget $168,000 $186,000 $199,000
Credit sales are collected as follows:
65 percent in the month of the sale.
20 percent in the month after the sale.
15 percent in the second month after the sale.
The accounts receivable balance at the end of the previous quarter was $107,000 ($78,100 of which was uncollected December sales)
Requried:
a. Compute the sales for November.
b. Compute the sales for December.
c. Compute the cash collections from sales for each month from January through March.
Answer:
a. Sales for November = $192,666.67
b. Sales for December = $312,400,00
c. Total cash collections are as follows:
January = $200,580
February = $201,360
March = $191,750
Explanation:
a. Compute the sales for November.
Sales for November = (Accounts receivable balance at the end of the previous quarter - Uncollected sales from December) / Collection rate two months after the sale = ($107,000 - $78,100) / 15% = $192,666.67
b. Compute the sales for December.
Sales for December = Uncollected sales from December / (Collection rate one months after the sale + Collection rate two months after the sale) = $78,100 / (10% + 15%) = $312,400,00
c. Compute the cash collections from sales for each month from January through March.
Note: See the attached excel file for the schedule of cash collections from sales for each month from January through March.
From the attached excel file, total cash collections are as follows:
January = $200,580
February = $201,360
March = $191,750
On September 1, Home Store sells a mower (that costs $120) for $420 cash with a one-year warranty that covers parts. Warranty expense is estimated at 6% of sales. On January 24 of the following year, the mower is brought in for repairs covered under the warranty requiring $29 in materials taken from the Repair Parts Inventory.
Required:
Prepare the September 1 entry to record the mower sale (and cost of sale) and the January 24 entry to record the warranty repairs.
Answer: See explanation
Explanation:
The entry is prepared below:
Sep-01
Dr Cash $420
Cr Sales revenue $420
(To record the mower sales)
Sep-01
Dr Cost of goods sold $120
Cr Finished goods inventory $120
(To record the cost of mower sales)
Sep-01
Dr Warranty expense (6% x $420) = $25.20
Cr Warranty liability $25.20
(To record the estimated warranty expense)
Jan-24
Dr Warranty liability $29
Cr Repair parts inventory $29
(To record the cost of warranty repairs)
what is the present value of $7500 per year, at a discounted rate of 7.1%, of the first payment is received 6 years from now and the last payment is received 25 years from now
Answer:
PV= $50,981.17
Explanation:
First, we need to calculate the future value at the end of the period:
FV= {A*[(1+i)^n-1]}/i
A= annual payment
FV= {7,500*[(1.071^19) - 1]} / 0.071
FV= $283,234.78
Now, the present value:
PV= FV/(1+i)^n
in this case n=25 years
PV= 283,234.78 / (1.071^25)
PV= $50,981.17
You're trying to save to buy a new $220,000 Ferrari. You have $33,000 today that can be invested at your bank. The bank pays 4.0 percent annual interest on its accounts. How long will it be before you have enough to buy the car
Answer:
The answer is 48.37
Explanation:
Future value (FV) = $220,000
Present value(PV) = $33,000
Interest rate(i) = 4 percent.
Number of years(N)= ?
Using the Texas BA II Plus financial calculator:
FV = 220,000; PV = - 33,000; I/Y= 4;
CPT N= 48.37
Therefore, the number of years is 48.37 years. It will take him 48.37 years to invest $33,000 today at a 4 percent rate in order to buy the car at a cost of $220,000
North Corp. EBIT is $200. It has a debt-equity ratio of 25% and a WACC of 16%. Debt interest is 12%. Without taxes, what is the value of the firm?
Answer:
Value of the firm = 25000
Explanation:
Use the below formula to find the value of firm.
Degree of Financial Leverage = EBIT / ( EBIT - Interest)
Degree of Financial Leverage = 0.25
0.25={200/ {200-Interests}
Interests amount = - 600
Interest amount = debt × Cost of Debts
Debt amount = Interest amount / Cost of Debt
Debt amount = - 600 / 0.12.
Debt amount = -5000
Now find the debt equity ratio:
Debt-equity ratio = debt / equity
Given Debt amount = 5000
0.25= 5000 / Equity
Equity =5 000 /0.25
The value of Equity = 20,000
Now, the value of the firm = Equity amount + Debt amount
The value of the firm = 20000 + 5000
The value of the firm = 25000
what are the marketing channel distribution strategy
Answer:
The three types of distribution channels are wholesalers, retailers, and direct-to-consumer sales. ... Retailers are generally the customers of the wholesalers and offer high-touch customer service to the end customers.