Juan invests a total of $350000 in two accounts. The first account earned a rate of return of 3% (after a year). However, the second account suffered a 2% loss in the same time period. At the end of one year, the total amount of money gained was $1250. How much was invested into each account

Answer:

Juan invested $ 165,000 at a rate of return of 3%, and $ 185,000 in the account that had losses of 2% per year.

Explanation:

Given that Juan invests a total of $ 350,000 in two accounts, and the first account earned a rate of return of 3% (after a year), but however, the second account suffered a 2% loss in the same time period, and at the end of one year, the total amount of money gained was $ 1250, to determine how much was invested into each account, the following calculation must be performed:

175,000 x 0.03 - 175,000 x 0.02 = 1,750

160,000 x 0.03 - 190,000 x 0.02 = 1,000

165,000 x 0.03 - 185,000 x 0.02 = 1,250

Therefore, Juan invested $ 165,000 at a rate of return of 3%, and $ 185,000 in the account that had losses of 2% per year.

Bill thought he had received the best deal on his new car. Shortly after the purchase, Bill started to notice certain disadvantages of his new car as he learned more about other cars available. Bill is experiencing ________.a. postpurchase cultureb. selective perceptionc. information evaluationd. postpurchase cognitive dissonancee. purchase decision

Cosmo breaks his fly rod while fly fishing in a remote area of Colorado. He goes to the local fly shop to buy a new rod, expecting to pay a considerable mark-up over the price he would pay at home in California. To his surprise, the price is exactly the same as at home. This is most likely due to

Colorado Business Tools manufactures calculators. Costs incurred in making 9,940 calculators in February included $29,350 of fixed manufacturing overhead. The total absorption cost per calculator was $10.70.

Required:
a. Calculate the variable cost per calculator.
b. The ending inventory of pocket calculators was 750 units higher at the end of the month than at the beginning of the month. By how much and in what direction (higher or lower) would operating income for the month of February be different under variable costing than under absorption costing?
c. Express the pocket calculator cost in a cost formula.

ABC firm purchased 100 food processors in 2019. By the end of 2019, there are 50 of them not sold yet. The purchased price of the food processors is $120. On Dec. 31 2019, this type of food processor only sells $100. What should the accounts do with the price change?

Currently, the term structure is as follows: One-year bonds yield 9.50%, two- year zero-coupon bonds yield 10.50%, three-year and longer maturity zero- coupon bonds all yield 11.50%. You are choosing between one, two, and three- year maturity bonds all paying annual coupons of 10.50%. You strongly believe that at year-end the yield curve will be flat at 11.50%. a. Calculate the one year total rate of return for the three bonds. (Do not round intermediate calculations. Round your answers to 2 decimal places.) One Year Three Years Two Years % One year total rate of return % %



Which bond you would buy?
1) one-year bond
2) two-year bond
3) three-year bond

the month-end bank stataement of der torossian incorporated shows a balance of 36,500, deposits in transit are 6500 outstanding checks are 12000. there also shows a credit memo of 1,000 for the interest income collected on a note recievable. the adjusted balance per bank at month end is

3. An investor shorts 100 shares when the share price is $20 and closes out the position six months later when the share price is $18.2. The shares pay a dividend of $0.2 per share during the six months. How much does the investor gain or lose (losses are indicated by a negative sign and profits by a plus sign)

On December 1, 2020, Swifty Corporation purchased a tract of land as a factory site for $770000. The old building on the property was razed, and salvaged materials resulting from demolition were sold. Additional costs incurred and salvage proceeds realized during December 2020 were as follows: Cost to raze old building $69000 Legal fees for purchase contract and to record ownership 9900 Title guarantee insurance 16400 Proceeds from sale of salvaged materials 6900 In Swifty's December 31, 2020 balance sheet, what amount should be reported as land

BC County opens a solid waste landfill that it expects to fill to capacity gradually over a 40-year period. At the end of the first year, it is 6 percent filled. At the end of the second year, it is 15 percent filled. Currently, the cost of closure and postclosure is estimated at $1 million. None of this amount will be paid until the landfill has reached 90 percent of its capacity.

Required:
What is true for the Year 2 government-wide financial statement?

Terps Corp.'s transactions for the year ended December 31, 2021 included the following: Acquired 50% of Gant Corp.'s common stock for $300,000 cash which was borrowed from a bank. Issued 5,000 shares of its preferred stock for land having a fair value of $480,000. Issued 600 of its 11% debenture bonds, due 2026, for $588,000 cash. Purchased a patent for $330,000 cash. Paid $180,000 toward a bank loan. Sold investment securities for $1,194,000. Had a net increase in returnable customer deposits (long-term) of $132,000. Terps Company's net cash provided by investing activities for 2021 was

Assume that at the end of 2020, Clampett, Incorporated (an S corporation) distributes property (fair market value of $40,000, basis of $5,000) to each of its four equal shareholders (aggregate distribution of $160,000). At the time of the distribution, Clampett, Incorporated, has no corporate earnings and profits and J.D. has a basis of $50,000 in his Clampett, Incorporated, stock. What is J.D.'s stock basis after the distribution

You have just retired with savings of $2 million. If you expect to live for 57 years and to earn 7% a year on your savings, how much can you afford to spend each year (in $ dollars)

Diehl Corporation manufactures a variety of parts for use in its product. The company has always produced all of the necessary parts for its product, including all of the electronic circuits. The company sells 16,000 units of its product per year. An outside supplier has offered to sell electronic circuits to the company for a cost of $35 per unit. To evaluate this offer, the company has gathered the following information relating to its own cost of producing the electronic circuits internally:
Per Unit 16,00 Unit per Year
Direct materials $16 $256,000
Direct labor 12 192,000
Variable manufacturing overhead 3 48,000
Fixed manufacturing overhead, traceable 3* 48,000
Fixed manufacturing overhead, allocated 6 96,000
Total cost $40 $640,000
One-third supervisory salary, two-thirds depreciation of special equipment (no resale value).
Suppose that if BuyorM-1509 purchases the electronic circuits, the division supervisor position could be eliminated. Fixed manufacturing overhead will be allocated to other products made by the company. Also, the company could use the freed production capacity to launch a new product. The segment margin of the new product would be $210,000 per year. How much would be the financial advantage of buying 21,000 electronic circuits from the outside supplier?
a. $80,000.
b. $132,000.
c. $112,000.
d. $96,000.

Sunland Company began operations on January 1, 2020, and uses the FIFO method in costing its raw material inventory. Management is contemplating a change to the 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 2020 2021
FIFO $350000 $ 390000
LIFO 270000 330000
Net Income (computed under the FIFO method) 530000 780000
Based on the above information, a change to the LIFO method in 2021 would result in net income for 2021 of:________.

CVP analysis—what-if questions; sales mix issue Miller Metal Co. makes a single product that sells for $32 per unit. Variable costs are $20.80 per unit, and fixed costs total $47,600 per month.
Required:
Calculate the number of units that must be sold each month for the firm to break even. Assume current sales are $418,000.
Calculate the margin of safety and the margin of safety ratio.
Calculate operating income if 7,000 units are sold in a month.
Calculate operating income if the selling price is raised to $47 per unit, advertising expenditures are increased by $8,000 per month, and monthly unit sales volume becomes 7,600 units.
Assume that the firm adds another product to its product line and that the new product sells for $22 per unit, has variable costs of $14 per unit, and causes fixed expenses in total to increase to $83,000 per month. Calculate the firm's operating income if 7,000 units of the original product and 4,300 units of the new product are sold each month. For the original product, use the selling price and variable cost data given in the problem statement.
Calculate the firm's operating income if 3,500 units of the original product and 7,800 units of the new product are sold each month. Why operating income is different in parts e and f, even though sales totaled 11,300 units in each case.

Fill in the missing amounts.
Crane Company Sheridan Company
Sales revenue $94,200 $enter a dollar amount Sales returns and allowances enter a dollar amount $ 3,000 Net sales 80,200 100,000 Cost of goods sold 54,200 enter a dollar amount Gross profit $enter a subtotal of the two previous amounts 50,000 Operating expenses 14,700 enter a dollar amount Net income $enter a total net income 15,600
Calculate the profit margin and the gross profit rate for each company. (Round answers to 1 decimal place, e.g. 15.5%. )
Crane Company Sheridan Company
Profit margin
Gross profit rate
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WAX-D Inc. has a division that manufactures a component that sells for $150 and has a variable cost of $45. Another division of the company wants to purchase the component. Fixed cost per unit of component is $25. What is the minimum transfer price if the division is operating below its capacity

Olenka Corporation hires 13 individuals on March 12, 2020, all of whom qualify for the work opportunity credit. Nine of these individuals receive wages of $16,500 during 2020, and each individual works more than 400 hours during the year. The remaining four employees worked 100 hours and earned $2,100 during the year. a. Calculate the amount of Olenka's work opportunity credit. $fill in the blank 1 b. If Olenka pays total wages of $312,000 to its employees during the year, how much of this amount can Olenka deduct, 2020, assuming the work opportunity credit is taken

I can only put away $2,000 a year toward retirement. I am 25 and plan on retiring at 65 and earning 5%. How much will I have at retirement?

onsider the following scenario. Inflation in Argentina pushes the price of Argentine wine up 25%. Inflation in the United States pushes the price of California wine up 10%. If the exchange rate remains constant, the U.S. demand for wine from Argentina a. decreases. b. increases. c. remains constant. d. California wine is better than Argentine wine, so there never is a U.S. demand for wine from Argentina.

1. What factors contributed to the success of Mavi Jeans?

A person buys X in one market and combines it with Y purchased in another market. The combination of X and Y gives Z, which the person sells in a third market for a higher price than the sum of the prices of X and Y. Which theory of profit is most consistent with this example

Assume you purchased 900 shares of XYZ common stock on margin at $90 per share from your broker. If the initial margin is 65%, the amount you borrowed from the broker is:_______.
A. $109,350
B. $81,000
C. $52,500
D. $28,350
E. $22,500

Bruce Company reported net income for 20X1 of $100,000. The company reported depreciation expense of $17,500 and amortization of $5,000. The company also reported a loss on the sale of equipment of $2,500. Based only on this information, the company would report cash flow from operating activities of:

Moss County Bank agrees to lend the Wildhorse Co. $650000 on January 1. Wildhorse Co. signs a $650000, 6%, 9-month note. What is the adjusting entry required if Wildhorse Co. prepares financial statements on June 30

arget Profit Scrushy Company sells a product for $150 per unit. The variable cost is $110 per unit, and fixed costs are $200,000. Determine (a) the break-even point in sales units and (b) the break-even point in sales units if the company desires a target profit of $50,000. a. Break-even point in sales units fill in the blank 1 units b. Break-even point in sales units if the company desires a target profit of $50,000 fill in the blank 2 units

KJ Company, a manufacturer, uses the indirect method for preparing its statement of cash flows. The company has provided the following information pertaining to its recent year of operation: Cash flow from operating activities, $156,000 Accounts payable increased $13,000 Prepaid assets decreased $10,000 Depreciation expense was $14,000 Accounts receivable increased $25,000 Loss on sale of a depreciable asset was $8,000 Wages payable decreased $11,000 Unearned revenue decreased $21,000 Patent amortization expense was $5,000 How much was KJ's net income

Building Company adds a shipping dock to the property of Corporate Complex, but the owner does not pay. Building files a lien on Corporate property. The property a. must be returned to the debtor within a certain period of time. b. none of the choices. c. must be sold to provide payment of the debt. d. can be held to guarantee payment of the debt.

Use the information below to answer the following questions. Currency per U.S. $ Australia dollar 1.2376 6-months forward 1.2357 Japan Yen 100.3200 6-months forward 100.0600 U.K. Pound .6793 6-months forward .6780 Suppose interest rate parity holds, and the current six month risk-free rate in the United States is 3 percent. Use the approximate interest rate parity equation to answer the following questions. a. What must the six-month risk-free rate be in Australia

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