Answer:
Follows are the responses to the given points:
Explanation:
In point a:
Yeah, throughout the state court they will ever sue against fraud. As base with the that State is appropriate so because the main place of work is specific budget inventory representatives Inc.
In point b:
Thomas couldn't sue for cheating at the federal court successfully, because equality in nationality would be the only conceivable way. Because as a federal problem also isn't involved, Thomas and both are comprehensive residents of Michigan weren’t diverse for this situation. The business is a resident of all its corporate headquarters and the State of formation.
In point c:
Throughout this situation, silver can claim nationality plurality, as Oklahoma's comprehensive would not be a citizen. It simple company does company in such a state doesn't render that business a citizen. However, if silver has been damaged in terms of $75,000, this failure combined with citizenship diversity would allow it to sue extensively in a federal court. This event does not tell everyone how slowly he lost, however, the facts weren't enough to make a correct judgment.
On February 1, 2021, the Xilon Corporation issued 47,000 shares of its no-par common stock in exchange for five acres of land located in the city of Monrovia. On the date of the acquisition, Xilon's common stock had a fair value of $16 per share. An office building was constructed on the site by an independent contractor. The building was completed on November 2, 2021, at a cost of $6,800,000. Xilon paid $4,400,000 in cash and the remainder was paid by the city of Monrovia.
Assuming that Xilon prepares its financial statements according to International Financial Reporting Standards, select all the correct alternatives the company has for recording the acquisition of the office building.
a. Same treatment as GAAP.
b. Deduct the amount of the grant in determining the initial cost of the office building.
c. Record the grant as a liability, deferred income, in the balance sheet and recognize it in the income statement systematically over the office building's useful life.
Answer:
a. Same treatment as GAAP.
Explanation:
the journal entry should be:
Dr Land 752,000
Dr Building 6,800,000
Cr Common stock 752,000
Cr Cash 4,400,000
Cr Donation revenue 2,400,000
the donation is not a deferred liability, nor the basis of the building be reduced by it.
The company recorded $5,000 sales with 60% contribution margin ratio in 2019. According to the sales manager, the company can increase the sales volume by 30% this year if the company spends $400 as advertisement expense and decreases the selling price by 10%, while unit variable cost remains the same. If CEO approves the plan, how does it affect the net operating income in 2020
Answer:
$150 Decrease
Explanation:
Income Statement
Present Proposed
Sales $5,000 $5,350 [(5000+30%)-10%]
Variable 10% $2,000 $2,000 (2000*130%)
Contribution Margin $3,000 $3,250
Fixed cost - $400
Net Operating Income $3,000 $2,850
Effect on Net Operating Income = $2,850 - $3,000 = -$150
Retained earnings, December 31, 2019 $315,450
Decrease in total liabilities during 2019 68,700
Gain on the sale of buildings during 2019 24,150
Dividends declared and paid in 2019 6,750
Proceeds from sale of common stock in 2019 74,100
Net income for the year ended December 31, 2019 33,900
Required:
From the above data, calculate the retained earnings balance as of December 31, 2018. (Enter decreases with a minus sign to indicate a negative financial statement effect.)
Answer:
See below
Explanation:
Ending retained earnings = Beginning retained earnings + net profit - dividend
$315,450 = Beginning retained earnings + $33,900 - $6,750
Beginning retained earnings = $288,300
Therefore, retained earning balance is $288,300
Karen is a trusted employee whose productivity declines as she works more and more hours each day. After careful observation of her work performance, her manager prepared the following chart. Daily Number of Hours Worked by Karen / Total Numbers of Work Units Completed 1/100 2/190 3/270 4/340 5/400 6/450 7/480 8/500 Karen's total cost to the firm is $11 per hour. Each work unit completed is worth $0.21 to the firm. Ignoring all other possibilities and considerations, for how many hours should the firm hire Karen per day
Answer:
5 hours
Explanation:
Total Cost = A x $11 per hr
Worth for the Firm = Number of units produced * Worth per unit
Benefit = D - C
Hours Units Produced Total Cost Worth for the Firm Benefit
1 100 11 21.00 10.00
2 190 22 39.90 17.90
3 270 33 56.70 23.70
4 340 44 71.40 27.40
5 400 55 84.00 29.00 (More benefit)
6 450 66 94.50 28.50
7 480 77 100.80 23.80
8 500 88 105.00 17.00
When originally purchased, a truck costing BD 23.000 had an estimated useful life of 8 years and an estimated salvage value of BD 3,000. After 4 years of
straight-line depreciation, the ascet's total estimated useful life was revised from 8 years to 6 years and there was no change in the estimated salvage valoe. The
depreciation expense in year 3 cquals:
ABD 5,000
O & BD 5.750.
O CBD 2.875.
ODBD 2,500.
Answer:
d. BD 2,500
Explanation:
Accumulated Depreciation through the end of year 4 = [ Asset's cost - Salvage Value) / Estimated Useful Life] * Years Elapsed
= [(23,000 - 3,000)/8] * 4
= BD 10,000
Depreciation in Year 3 = [Asset's cost - Salvage Value - Accumulated Depreciation] / Remaining Estimated Useful Life
Depreciation in Year 3 = [23,000 - 3,000 - 10,000] / 4
Depreciation in Year 3 = 10,000 / 4
Depreciation in Year 3 = BD 2,500
You are an employee of an US firm that produces personal computers in Thailand and then exports them to the US and other countries for sale. The personal computers were originally produced in Thailand to take advantage of relatively low labor costs and a skilled workforce. Other possible locations considered at that time were Malaysia and Hong Kong. The US government decides to impose punitive 100% ad valorem tariffs on imports of computers from Thailand to punish the country for administrative trade barriers that restrict US exports to Thailand. How should your firm respond? What does this tell you about the use of targeted trade barriers?
Answer:
In the short-run, I will encourage my firm to export the computers to Canada first, directly from Thailand. From Canada, the computers can be exported into the USA. But this is not the long-term solution. There will be need to find another country in which production will be cost-effective and from which the goods can be exported directly into the USA.
Another approach would be to engage in lobbying, within acceptable rules, the governments of Thailand and the US to end the administrative barriers.
Explanation:
There is no single economy that benefits from trade restrictions. Therefore, every effort should be made to reduce, to the barest minimum, all forms of trade barriers, which stunt economic growth and development. Give and take, in the spirit of competition, should be encouraged at all times.
On June 30, 2018, Kimberly Farms purchased custom-made harvesting equipment from a local producer. In payment, Kimberly signed a noninterest-bearing note requiring the payment of $60,000 in two years. The fair value of the equipment is not known, but an 8% interest rate properly reflects the time value of money for this type of loan agreement. At what amount will Kimberly initially value the equipment? How much interest expense will Kimberly recognize in its income statement for this note for the year ended December 31, 2018?
Answer:
$2,058
Explanation:
Present value = Amount * (Present value of $1: n=2, i=8%)
Present value = $60,000 * 0.85734
Present value = $51,440
Interest expenses = Initial value of equipment * Interest rate * Number of years
Interest expenses = $51,440 * 8% * 6/12
Interest expenses = $2,058
Garcia Industries has sales of $176,500 and accounts receivable of $18,500. Assume all sales to be on credit. The industry average DSO is 27 days, based on a 365-day year. If the company changes its credit and collection policy sufficiently to cause its DSO to fall to the industry average, and if it earns 3.0% on any cash freed-up by this change, assuming other things are held constant, by how much would the net income be affected?
Answer:
$163.32
Explanation:
Days Sales Outstanding = 365 * Accounts receivable / Sales
If the Days Sales Outstanding falls to the industry average:
27 = 365 * Accounts receivable / $176,500
27 * $176,500 = 365 * Accounts receivable
Accounts receivable = 27 * $176,500 / 365
Accounts receivable = $13,056.16
Increase in net income = Decrease in accounts receivable * 3%
Increase in net income = ($18,500 - $13,056.16) * 3%
Increase in net income = $5,443.84 * 3%
Increase in net income = $163.3152
Increase in net income = $163.32
RentAPhone is a new service company that provides European mobile phones to American visitors to Europe. The company currently has 80 phones available at Charles de Gaulle Airport in Paris. There are, on average, 25 customers per day requesting a phone. These requests arrive uniformly throughout the 24 hours the store is open. The corresponding coefficient of variation is 1.
Customers keep their phones on average 72 hours. The standard deviation of this time is 100 hours. Given that RentAPhone currently does not have a competitor in France providing equally good service, customers are willing to wait for the telephones. Yet, during the waiting period, customers are provided a free calling card. Based on prior experience, RentAPhone found that the company incurred a cost of $1 per hour per waiting customer, independent of day or night.
a. What is the average number of telephones the company has in its store?
b. How long does a customer, on average, have to wait for the phone?
c. What are the total monthly (30 days) expenses for telephone cards?
d. Assume RentAPhone could buy additional phones at $1,000 per unit. Is it worth it to buy one additional phone? Why?
e. How would waiting time change if the company decides to limit all rentals to exactly 72 hours? Assume that if such a restriction is imposed, the number of customers requesting a phone would be reduced to 20 customers per day.
Answer:
Answer:- m = 80
a = 24 hours / 25 customers = 0.96 hours
p = 72 hours
u = p/(m x a) = 72 /(80×0.96)=0.9375
On average 93.75% of the phones are in use. 0.9375 x 80 = 75 phones are in use. Thus, 5 phones are available on average.
From above it is clear that 93.75%% of total phones are in use therefore total number of cell phones in use = 0.9375*80=75
So only 5 phones are available.
Answer:- CVa =1, CVp = 100/72 = 1.3889
Tq =( 72/80*[(0.9375 √2*80+1)-1]/(1-0.9375) * (12+1.88892)/2) = 9.89 hour
Thus average waiting time = 9.89 hours
Explanation:
Answer:- m = 80
a = 24 hours / 25 customers = 0.96 hours
p = 72 hours
u = p/(m x a) = 72 /(80×0.96)=0.9375
On average 93.75% of the phones are in use. 0.9375 x 80 = 75 phones are in use. Thus, 5 phones are available on average.
From above it is clear that 93.75%% of total phones are in use therefore total number of cell phones in use = 0.9375*80=75
So only 5 phones are available.
Answer:- CVa =1, CVp = 100/72 = 1.3889
Tq =( 72/80*[(0.9375 √2*80+1)-1]/(1-0.9375) * (12+1.88892)/2) = 9.89 hour
Thus average waiting time = 9.89 hours
Analysis of cash flows, analysis of competing hypotheses, consideration of analytical and accounting anomalies, big data and data analytics, consideration of the fraud triangle, use of graphical tools for analysis and communication, internal controls, the control environment and opportunity, interviewing for information and admissions, analysis of nonaccounting and nonfinancial numbers and metrics, financial statement and ratio analysis, consideration of red flags, and analysis of related parties are all examples of:
Answer:
Forensic accounting and fraud examination tools/techniques.
Explanation:
Forensic accounting is one that make use of auditing as well as accounting and investigative skills in conducting examination about the Businesses and individuals finances. It gives accounting analysis that could be used in legal proceedings. It is one of the tools/ techniques for fraud examination
The monetary unit assumption: Multiple Choice Means that accounting information reflects a presumption that the business will continue operating instead of being closed or sold. Means that we can express transactions and events in monetary, or money, units. Presumes that the life of a company can be divided into time periods, such as months and years, and that useful reports can be prepared for those periods. Means that a business is accounted for separately from other business entities, including its owner. Prescribes that a company record the expenses it incurred to generate the revenue reported.
Answer:
Means that we can express transactions and events in monetary, or money, units.
Explanation:
monetary unit assumption: Means that we can express transactions and events in monetary, or money, units.
Going concern assumption - accounting information reflects a presumption that the business will continue operating instead of being closed or sold.
Time period assumption - Presumes that the life of a company can be divided into time periods, such as months and years, and that useful reports can be prepared for those periods.
Business entity assumption - Means that a business is accounted for separately from other business entities, including its owner
Matching principle - Prescribes that a company record the expenses it incurred to generate the revenue reported.
if you calculating the simple interest and you are given the time in months. how can you find the time in years
Answer:
Divide the months by 12
Explanation:
Discuss how one might use business analytics in their personal life. Select all that apply. A. A store might keep track of inventory and use it to decide what items are in demand. B. A reporter could analyze social media posts to see what types of people are more likely to share unverified news stories. C. An automobile owner can predict when the next maintenance will be due by recording things such as the miles driven and gas mileage. This would help them budget accordingly. D. A golf player might use statistics to help to diagnose problems and improve their game.
Answer:
A. A store might keep track of inventory and use it to decide what items are in demand.
C. An automobile owner can predict when the next maintenance will be due by recording things such as the miles driven and gas mileage.
Explanation:
Business analytics is an important tool which enables the user to record and keep track of business activities. The analysis of the recorded transactions in business will enable the user to predict about the future activities. An automobile owner can predict the maintenance due by keeping track of mileage. Store keeper may keep track of inventory usage.
A manufacturer of prototyping equipment wants to have $3,000,000 available 10 years from now so that a new product line can be initiated. If the company plans to deposit money each year, starting 1 year from now, the equation that represents how much the company is required to deposit each year at 10% per year interest to have the $3,000,000 immediately after the last
deposit is:___________
(a) 3,000,000(A∕F,10%,10)
(b) 3,000,000(A∕F,10%,11)
(c) 3,000,000 + 3,000,000(A∕F,10%,10)
(d) 3,000,000(A∕P,10%,10)
Answer:
The correct option is (a) 3,000,000(A∕F,10%,10).
Explanation:
Ordinarily, the equation to use to calculate the amount the company is required to deposit each year is given as follows:
A = F * (r / ((1 + r)^n - 1)) ....................... (1)
Where;
A = Annual deposit = ?
F = Future value or accumulated sum of amount = $3,000,000
r = Annual interest rate = 10%, or 0.01
n = Number of years.
The standard notation of equation (1) above is given as follows:
A = F(A / F, r, n) ................................ (2)
Substituting the relevant description from the above into equation (2), we have:
A = 3,000,000(A∕F,10%,10)
Therefore, the correct option is (a) 3,000,000(A∕F,10%,10).
1.Production runs can be scheduled in
A. only one shift
B. always two shifts
C. one or two shifts
D. up to three shifts
2.Hiring the Needed Complement will always eliminate
A. Overtime
B. worker layoffs
C. a Second Shift
D. strikes
3.Management should strive to
A. increase Turnover
B. decrease Turnover
4.Increasing Capacity tends to
A. reduce the Needed Complement
B. reduce the number of workers on Second Shift
C. reduce Overtime
5.Increasing Training Hours tends to
A. increase the Needed Complement
B. decrease the Needed Complement
C. neither increase nor decrease the Needed Complement
D. both increase and decrease the Needed Complement
6.Recruiting Costs are incurred when
A. Automation levels increase
B. Production runs increase and teams match hiring to Needed Complement
C. workers are assigned to a Second Shift
7.Assuming the Productivity Index is greater than 100%, adding Overtime will
A. increase the Productivity Index
B. decrease the Productivity Index
8.Worker training is entered by the
A. Hour
B. Dollar
9.Teams can eliminate all Recruiting Costs if they wish
A. True
B. False
10.Generally, Separation Costs will be incurred when
A. Production levels increase
B. Automation Levels increase
C. Production Levels decrease
D. Production levels decrease and / or Automation levels increase
Answer:
Explanation:
10)production levels decrease and/or automation levels increase
38. Mary Catherine, an international student from Ireland, has a Form W-2 that shows amounts withheld for Social Security and Medicare taxes. Mary Catherine is an F-1 student who first arrived in the U.S. in 2018. What form should Mary Catherine use to claim a refund of her Social Security and Medicare taxes withheld
Answer: Form 843
Explanation:
As a taxpayer, Mary can use Form 843 to claim a refund of her Social Security taxes. First she tried to obtain the refund through her employer and should this fail, she should fill out a form 843 and submit it to get help on the claim.
The form can also be used to get an abatement on FUTA taxes as well as a refund of interest, penalties, or additions to taxes.
Smith and Johnson are partners. Smith's capital balance in the partnership is $56,000, and Johnson's capital balance $42,000. Smith and Johnson have agreed to share equally in income or loss. Smith and Johnson agree to accept Benson for a 25% interest. Benson will invest $40,000 in the partnership. The bonus that is granted to Smith and Johnson equals:
Answer:The bonus that is granted to Smith and Johnson equals:$5,500
that is $2750 each for Smith and Johnson since they share equally.
Explanation:
Given that
Smith's capital balance = $56,000
Johnson's capital balance = $42,000
Since the partners agree to accept Benson with 25% interest
Benson invests $40,000
Now, After allowing Benson,
Total Partnership Equity =Smith's Capital + Johnson's Capital + Benson's Investment
=$56,000 + $42,000 +$40,000 = $138,000
The share of Benson in equity is given as,
$138,000 x 25% = $34,500
The Bonus that is present for Smith and Johnson is
Benson's investment - Benson share of equity
= $40,000 - $34,500
=$5,500
Thus,
When equally shared becomes $2750 each for both Smith and Johnson
Khaled is a preschool teacher working at a public school, but he is considering quitting his job to start a daycare facility of his own. Indicate which of the four types of interdependency is most relevant to each factor in Khaled's decision. Use the market for daycare facilities as Khaled's market of interest.
A. Khaled knows there are few daycare facilities in the area, but many families looking for daycare.
B. An increase in graduation rates for teachers saturates the market for preschool teachers. This decreases the wages of teachers.
C. If Khaled opens his own facility, he will be responsible for taxes, insurance, licensing, and facility upkeep, among other things. However, as a teacher Khaled will only need to keep up his teaching license. In addition, Khaled will not be able to take a long vacation in the summer if he runs a daycare center.
D. Khaled is up for a raise in the next 6 months at his teaching job.
It should be noted that since Khaled knows there are few daycare facilities in the area, but many families looking for daycare, this illustrates an example of dependencies between people or business in the same market.
Interdependencies.It should be noted that an increase in graduation rates for teachers saturates the market for preschool teachers. This decreases the wage of teachers is an example of dependencies between markets.
In a scenario where Khaled opens his own facility, he will be responsible for taxes, insurance, licensing, and facility upkeep, among other things. However, as a teacher Khaled will only need to keep up his teaching license but will not be able to take a long vacation in the summer if he runs a daycare center, this is dependencies between each of your individual choices.
Lastly, when Khaled is up for a raise in the next 6 months at his teaching job, this scenario is an example of dependencies through time.
Learn more about market on:
https://brainly.com/question/906651
A CEO who communicates about the opportunities and challenges facing the company to employees at all levels and in all departments is engaged in .:_______
a. sending routine messages
b. communication apprehension
c. horizontal communication
d. horizontal communication
Suppose one-seventh of the employees of a certain company work in the Southeastern region. If the company employs 256 workers in that region, what is the total number of employees working for the company?
Answer:
1792
Explanation:
256 is 1 out of 7.
so 7 times 256 is 7 out of 7
256 x 7 = 1792
K. Decker, S. Rosen, and E. Toso are forming a partnership. Decker is transferring $45,000 of personal cash to the partnership. Rosen owns land worth $10,000 and a small building worth $75,000, which she transfers to the partnership. Toso transfers to the partnership cash of $10,000, accounts recevable of $27,000 and equipment worth $14,000. The partnership expects to collect $24,300 of the accounts receivable.
Prepare the journal entries to record each of the partners' investments. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Account Titles and Explanation Debit Credit
(To record investment of Decker.)
(To record investment of Rosen.)
(To record investment of Toso.)
What amount would be reported as total owner's equity immediately after the investment?
Total owner's equity$_______
Answer:
to record Decker's investment:
Dr Cash 45000
Cr Decker, Capital 45000
to record Rosen's investment:
Dr Land 10,000
Dr Building 75,000
Cr Rosen, Capital 85,000
to record Toso's investment:
Dr Cash 10,000
Dr Accounts Receivable 27,000
Dr Equipment 14,000
Cr Allowance for Doubtful Accounts 2,700
Cr Toso, Capital 48,300
total owners' equity = $178,300
"Insurance is a waste of money. If and when you suffer a financial loss because of an
accident or some other event, you can pay for it from your savings account."
Do you agree or disagree with this statement?
Explain your position.
Answer:
disagree
Explanation:
As a personal opinion I strongly disagree with this statement. This is because for the majority of the people on Earth that live day to day with their finances, an accident can completely wreck them financially. A simple car, house, or health accident can cost thousands of dollars in loss or even hundreds of thousands. Most people would not have 10% of that in a savings account. Therefore, Insurance can be extremely helpful and in most cases cover the entirety of the accident which can (in a way) give you a second chance.
When Disney acquired Marvel Comics on August 31, 2009, for $4.24 billion, management needed to determine whether there were opportunities to strengthen the business and leverage cross-business value-chain relationships, which would include all of the following potential opportunities, except Group of answer choices transferring valuable resources and capabilities from one business to another. sharing the use of powerful and well-respected brand names across multiple businesses. retaining cultural independence of the businesses, individual brands and operating differences encouraging knowledge-sharing and collaborative activity among the businesses. combining related value-chain activities of different businesses to achieve lower costs.
Answer:
retaining cultural independence of the businesses, individual brands and operating differences encouraging knowledge-sharing and collaborative activity among the businesses.
Explanation:
When Disney purchased Marvel they were probably searching for synergy which means that their combined effort is larger than the addition of their individual efforts. Synergy is achieved through sharing resources and allocating them more effectively, not by separating the companies.
a) Determine a minimum inventory production plan (i.e., one that allows arbitrary hiring and firing). b) Determine the production plan that meets demand but does not hire or fire workers during the six-month period. c) Let’s say subcontracting is allowed. Let’s say we implement the constant workforce with subcontracting plan, what would the cost of subcontracting need to be to beat the cheaper of the two options above? d) Using this subcontracting cost of $50, formulate a LP and solve to optimality for the constraints of this problem
Answer:
Hello your question is incomplete attached below is the complete question
answer:
A) 32 units ( number of units per month per worker )
B) number of workers required = 975 / 32 ≈ 31
c) mean of the two values = 138 + 41 ) / 2 = $89.50
Explanation:
A) Determine a minimum inventory production plan ( i.e. one that allows arbitrary hiring and firing )
The number of units per month per worker = 32 units
To have a minimum/least inventory; production plan = demand by hiring or firing
of employees
attached below is the table
B) determine the production plan that meets demand but does not hire or fire workers during the six-month period
To determine this production plan we have to find the per month production = (Total demand - beginning inventory ) / 6
= ( 6350 - 500 ) / 6 = 975 units produced
number of workers required = 975 / 32 ≈ 31
C) Calculate The cost of subcontracting needed to beat the cheaper of the two options above
regular cost = 8 * 5 = $40
we will keep 30 workers in order to determine how much subcontracting is needed and the maximum and minimum value of each unit is kept hence the overall cost < $253900.
if subcontracting cost = $138 then total cost = $253820
If subcontracting cost = $41 then total cost = $245090.
Therefore mean of the two values = 138 + 41 ) / 2 = $89.50
D) subcontracting cost of $50 formulating a LP and solve to optimality for the constraints of this problem
Z <= (Y+1)*7680 , X + 32Y >= 5850
i develop my abilities through
What is the difference between profit and revenue?
A. Revenue is the total amount producers receive after selling a good. Profit is the total amount producers earn after subtracting the production costs.
B. Revenue is the total amount producers earn after subtracting the production costs. Profit is the total amount producers receive after selling a good.
C. Revenue is the total amount producers pay to manufacture a good. Profit is the total amount producers earn after subtracting the production costs.
D. Revenue is the total amount producers pay to manufacture a good. Profit is the total amount producers receive after selling a good
The correct answer on edge is A
Let's say, to produce one pencil you used $10. This is the cost of the product. You sell this pencil at a price of $15. $15 is your revenue, while $5 would be your profit, because 15-10 = 5.
The answer is correct.
Mr. Smith decides to feed his pet Doberman pinscher a combination of two dog foods. Each can of brand A contains units of protein, 1 unit of carbohydrates, and 2 units of fat and costs cents. Each can of brand B contains 1 unit of protein, 1 unit of carbohydrates, and units of fat and costs cents. Mr. Smith feels that each day his dog should have at least units of protein, units of carbohydrates, and units of fat. How many cans of each dog food should he give to his dog each day to provide the minimum requirements at the least cost? Mr. Smith should give his dog nothing can(s) of brand A and nothing can(s) of brand B to provide the minimum requirements at the least cost.
Answer:
hello your question is incomplete below is the complete question
Mr. Smith decides to feed his pet Doberman pinscher a combination of two dog foods. Each can of brand A contains 3 units of protein, 1 unit of carbohydrates, and 2 units of fat and costs 80 cents. Each can of brand B contains 1 unit of protein, 1 unit of carbohydrates, and 6 units of fat and costs 50 cents. Mr. Smith feels that each day his dog should have at least 6 units of protein, 4 units of carbohydrates, and 12 units of fat. How many cans of each dog food should he give to his dog each day to provide the minimum requirements at the least cost? *Mr. Smith should give his dog ___ can(s) of brand A and ___ can(s) of brand B
answer : 1.5 cans of brand A and 1.5 cans of brand B
Explanation:
Food A contains :
3 units of protein , 1 unit of carbohydrates, 2 units of fat
cost of food A = 80 cents
Food B contains :
1 unit of protein , 1 unit of carbohydrates, 6 units of fat
cost of food B = 50 cents
minimum ingredients required in the dog food daily
6 units of protein , 4 units of carbohydrates, 12 units of fat
In order to achieve the minimum/least cost of 195 cent. Mr. smith should give his dog 1.5 cans of Brand A and 1.5 can of brand B
attached below is the detailed solution
Daria plans to retire in 20 years and wants to know how much she will need to have in her account when she retires. She wants to be able to withdraw $5,000 per month for 25 years of retirement, and she expects her account to earn a nominal rate of 9 percent per year. Round to the nearest cent. Do not include any unit (If your answer is $111.11, then type 111.11 without $ sign.)
We know that she has 20 years left until she retire
We need to find the amount she have to save and add to her saving per year for the the next 20 years.
Given she wants to be able to withdraw $5000 per month for 25 years
25 years = 300 months
$5,000 x 300 months = $1,500,000
she will needs one million and five hundred thousand dollars when she retire
Let's say she just started saving
Daria needs to have present value of the annuity of 25 years, PV is then calculated using the PV function as follows:
=PV(rate,nper,pmt)
=PV(9%/12,12*25,5000)
=595808.11
The present value should be 595808.11.
Calculation of the present value:Given that,
The 25 years = 300
The rate is = 9% /12
PMT = $5,000
Now the following formula should be used.
=PV(rate,nper,pmt)
=PV(9%/12,12*25,5000)
=595808.11
Learn more about rate here: https://brainly.com/question/24334808
A small firm intends to increase the capacity of a bottleneck operation by adding a new machine. Two alternatives, A and B, have been identified and the associated costs and revenues have been estimated. Annual fixed costs would be $40,000 for A and $30,000 for B; variable costs per unit would be $10 for A and $12 for B; and revenue per unit would be $15 for A and $16 for B.
a) Determine each alternative’s break-even point in units.
b) At what volume of output would the two alternatives yield the same profit?
c) If expected annual demand is 12,000 units, which alternative would yield the higher profit?
Answer:
Results are below.
Explanation:
Giving the following information:
Alternative A:
Fixed costs= $40,000
Variable cost per unti= $10
Revenue per unit= $15
Alternative B:
Fixed costs= $30,000
Variable cost per unti= $12
Revenue per unit= $16
First, we need to calculate the break-even point in units using the following formula:
Break-even point in units= fixed costs/ contribution margin per unit
Alternative A= 40,000 / (15 - 10)
Alternative A= 8,000
Alternative B= 30,000 / (16 - 12)
Alternative B= 7,500
To calculate the indifference point in units, we need to determine the net income equations:
Alternativa A= 5*x - 40,000
Alternative B= 4*x - 30,000
x= number of units
We equal both formulas and isolate x:
5x - 40,000 = 4x - 30,000
x = 10,000
The indifference point is 10,000 units.
Finally, the higher income for 12,000 units:
Alternativa A= 5*12,000 - 40,000= $20,000
Alternative B= 4*12,000 - 30,000= $18,000
For 12,000 units the best option is alternative A.
Transactions for Buyer and Seller Shore Co. sold merchandise to Blue Star Co. on account, $111,200, terms FOB shipping point, 2/10, n/30. The cost of the goods sold is $66,720. Shore paid freight of $1,800. Journalize Shore Co.'s entry for the sale, purchase, and payment of amount due, using the net method under a perpetual inventory system. If an amount box does not require an entry, leave it blank. Inventory fill in the blank 002d1202e07bfb8_2 fill in the blank 002d1202e07bfb8_3 Accounts Payable fill in the blank 002d1202e07bfb8_5 fill in the blank 002d1202e07bfb8_6 Accounts Payable fill in the blank 002d1202e07bfb8_8 fill in the blank 002d1202e07bfb8_9 fill in the blank 002d1202e07bfb8_11 fill in the blank 002d1202e07bfb8_12 fill in the blank 002d1202e07bfb8_14 fill in the blank 002d1202e07bfb8_15 fill in the blank 002d1202e07bfb8_17 fill in the blank 002d1202e07bfb8_18 fill in the blank 002d1202e07bfb8_20 fill in the blank 002d1202e07bfb8_21 fill in the blank 002d1202e07bfb8_23 fill in the blank 002d1202e07bfb8_24 Journalize Blue Star Co.'s entry for the sale, purchase, and payment of amount due. If an amount box does not require an entry, leave it blank. fill in the blank 2aa3cd04cfa0046_2 fill in the blank 2aa3cd04cfa0046_3 fill in the blank 2aa3cd04cfa0046_5 fill in the blank 2aa3cd04cfa0046_6 fill in the blank 2aa3cd04cfa0046_8 fill in the blank 2aa3cd04cfa0046_9 fill in the blank 2aa3cd04cfa0046_11 fill in the blank 2aa3cd04cfa0046_12
Answer:
SHORE CO BOOKS:
Dec 31
Dr Accounts receivables Blue star Co. $109,760
Cr Sales $109,760
Dec 31
Dr Cost of goods sold $66,720
Cr Inventory $66,720
Dec 31
Dr Cash $111,560
Cr Account receivable Blue star Co. $111,560
Dec 31
Dr Account receivable Blue star Co $1,800
Cr Cash $1,800
BLUE STAR CO BOOKS
Dr Inventory $111,560
Cr Accounts Payable $111,560
Dr Accounts Payable $111,560
Cr Cash $111,560
Explanation:
Preparation of the journal entries for Shore Co.'s entry for the sale, purchase, and payment of amount due
SHORE CO BOOKS:
Dec 31
Dr Accounts receivables Blue star Co. $109,760
Cr Sales $109,760
[$112,000*(100%-2%)]
Dec 31
Dr Cost of goods sold $66,720
Cr Inventory $66,720
Dec 31
Dr Cash $111,560
Cr Account receivable Blue star Co. $111,560
($109,760+$1,800)
Dec 31
Dr Account receivable Blue star Co $1,800
Cr Cash $1,800
BLUE STAR CO BOOKS
Dr Inventory $111,560
Cr Accounts Payable $111,560
($109,760+$1,800)
Dr Accounts Payable $111,560
Cr Cash $111,560
($109,760+$1,800)