Answer:
Many consumers are filing lawsuits against the company and its products. - general liability
Company executives insist their products exceed the legal standards to ensure the safety of customers - high ethical standards
Companies should have a back-up plan in case of disaster - contingency plan
Businesses need to stay afloat in the economy having many entities dealing with the same product or service - surviving competition
Explanation:
Answer:
Intraspecific competition among organism from the same species
Interference is organisms preventing others from using a resource
InTERspecific is competition among organisms of different species
Exploitation is (by process of eliminating choices) is exploitation
The total factory overhead for Bardot Marine Company is budgeted for the year at $820,850, divided into four activities: fabrication, $441,000; assembly, $152,000; setup, $122,850; and inspection, $105,000. Bardot Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows:
Fabrication Assembly Setup Inspection
Speedboat 5,250 dlh 14,250 dlh 38 setups 66 inspections
Bass boat 15,750 4,750 277 459
21,000 dlh 19,000 dlh 315 setups 525 inspect
Each product is budgeted for 5,000 units of production for the year.
a. Determine the activity rates for each activity.
b. Determine the activity-based factory overhead per unit for each product.
Answer:
Bardot Marine Company
a. Activity rates for each activity:
Fabrication = $21
Assembly = $8
Setup= $390
Inspection = $200
b. The activity-based factory overhead per unit for each product:
Speedboat = $40.45
Bass Boat = $113.72
Explanation:
a) Data and Calculations:
Budgeted total factory overhead = $820,850
Fabrication, $441,000
Assembly, $152,000
Setup, $122,850
Inspection, $105,000
Total $820,850
Activity-base Usage Quantities:
Speedboat Bass Boat Total
Fabrication 5,250 dlh 15,750 dlh 21,000
Assembly 14,250 dlh 4,750 dlh 19,000
Setup 38 setups 277 setups 315
Inspections 66 459 525
Budgeted units of
production 5,000 5,000 10,000
a) Activity rates for each activity:
Costs Usage Rates
Fabrication, $441,000 21,000 $21
Assembly, $152,000 19,000 $8
Setup, $122,850 315 $390
Inspection, $105,000 525 $200
b) Speedboat Bass Boat
Fabrication $110,250 ($21*5,250) $330,750 ($21*15,750)
Assembly 114,000 ($8*14,250) 38,000 ($8*4,750)
Setup 14,820 ($390*38) 108,030 ($390*277)
Inspections 13,200 ($200*66) 91,800 ($200*459)
Total overhead costs $252,270 $568,580
Budgeted units of
production 5,000 5,000
Per unit overhead $40.45 $113.72
Walks Softly currently sells 14,800 pairs of shoes annually at an average price of $59 a pair. It is considering adding a lower-priced line of shoes that will be priced at $39 a pair. The company estimates it can sell 6,000 pairs of the lower-priced shoes annually but will sell 3,500 less pairs of the higher-priced shoes each year by doing so. What annual sales revenue should be used when evaluating the addition of the lower-priced shoes?
Cutler Corporation is authorized to issue 10,000 shares of common stock. It sells 6,000 shares at $19 per share.
Required
Record the sale of the common stock, given the following independent assumptions:
1. The stock has a par value of $10 per share
2. The stock is no-par stock, but the board of directors has assigned a stated value of $8 per share
3. The stock has no par and no stated value
Explanation:
here, D= debit , C= credit
D :Cash (6,000*19) =$114,000
C: Common Stock(6,000*10)= $60,000
C: Excess Capital in par value, Common stock =$54,000
D:Cash (6,000*19)= $114,000
C: Common Stock(6,000*8)= $48,000
C: Excess Capital in stated value, Common stock= $66,000
D: Cash (6,000*19)= $114,000
C: Common Stock(6,000*19)= $114,000
Madison Park Co-op, a whole foods grocery and gift shop, has provided the following data to be used in its service department cost allocations:
Service Departments Operating Departments
Administration Janitorial Groceries Gifts
Departmental costs before allocations $200,000 Â Â Â Â Â $50,000 Â Â Â Â $3,850,000 Â Â $330,000 Â Â Â
Employee-hours         470           330            2,720           150   Â
Space occupied square feet         900            1,100           9,100         900 Â
Required:
Using the step-down method, allocate the costs of the service departments to the two operating departments. Allocate Administration first on the basis of employee-hours and then Janitorial on the basis of space occupied.
Answer:
Madison Park Co-op
Allocation of Departmental Costs:
Service Departments Operating Departments
Administration Janitorial Groceries Gifts
Departmental costs
before allocations $200,000 $50,000 $3,850,000 $330,000
Administration -200,000 206,250 1,700,000 93,750
Janitorial -256,250 242,857 13,393
Total costs 0 0 $5,792,857 $437,143
Explanation:
a) Data and Calculations:
Service Departments Operating Departments
Administration Janitorial Groceries Gifts
Departmental costs
before allocations $200,000 $50,000 $3,850,000 $330,000
Employee-hours 470 330 2,720 150
Space occupied
square feet 900 1,100 9,100 900
Administration costs:
Janitorial = $200,000 * 330/3,200 = $206,250
Groceries = $200,000 * 2,720/3,200 = $1,700,000
Gifts = $200,000 * 150/3,200 = $93,750
Janitorial costs:
Groceries = $256,250 * 2,720/2,870 = $242,857
Gifts = $256,250 * 150/2,870 = $13,393
Importance of the study of organisational buyer behaviour to the personal selling function
Answer:
The answer is below
Explanation:
The importance of the study of organizational buyer behavior to the personal selling function is that the personal seller can easily realize the expectation of the organizations.
It also assists in determining what makes organizations buy a certain product.
It gives the seller the proper ideas on the type of products preferred by organization buyers such that they can quickly make them available.
It also ensures the seller understands how the organization buyer operates in terms of payments, quality, quantity, and the purpose in which they are buying.
In December of 2005, the Eastman Kodak Corporation (EK) had a straight bond issue outstanding that was due in eight years. The bonds are selling for 108.126%, per bond and pay a semiannual interest payment based on 7.25% (annual) coupon rate of interest. Assume that the bonds remain outstanding until maturity and that the company makes all promised interest and principal payments in a timeley basis. What is the YTM to maturity to the bondholders in December of 2005?
Answer:
Yield to maturity = 6.42%
Explanation:
The yield to maturity (YTM) can be calculated using the following RATE function in
Excel:
YTM = RATE(nper,pmt,-pv,fv) .............(1)
Where;
YTM = yield to maturity = ?
nper = number of periods = Number of semiannuals = Number of years * Number of semiannuals in a year = 8 * 2 = 16
pmt = semiannual coupon payment = face value * semiannual coupon rate = 1000 * 7.25% = 72.50 (Note: This is an inflow to the bondholder and it is therefore a positive figure).
pv = present value = current bond price = -$1,000 * 108.126% = -1,081.26 (Note: This is an outflow to the buyer of the bond and it is therefore a negative figure).
fv = face value of the bond = 1000 (Note: This is an inflow to the bondholder
and it is therefore a positive figure).
Substituting the values into equation (1), we have:
RATE(16,72.20,-1081.26,1000)
YTM = RATE(16,72.50,-1081.26,1000) ............ (2)
Inputting =RATE(16,72.50,-1081.26,1000) into excel (Note: as done in the
attached excel file), the YTM is obtained as 6.42%.
Therefore, YTM is 6.42%.
A company has non-current assets with a net book value totaling $820,000 at the start of the year. Assets costing $95,000 was disposed of. These assets were held for three years at a straight-line depreciation rate of 20%. The depreciation charge for the year was $150,000. If the closing balance for the total non-current assets (at net book value) at the end of the year was $975,000, what value of new assets were purchased during the year?
Answer:
343,000
Explanation:
The value of new assets purchased during the year is $ 400,000 which includes closing balance of non-current assets, depreciation, and cost of assets disposed minus the opening balance of assets.
What is an Asset?A resource with the economic worth that an individual, company, or country possesses or controls with the hope of future gain is referred to as an asset.
In the given case, we need to calculate the value of assets purchased during the year:
[tex]\rm\,Value\,of\,new\,assets\,purchased\,during\,the\,year = Closing\,balance\,of\,Non\,Current\,assets\,+ \\\,Depreciation\,+ \,Cost\,of\,the\,goods\,sold\,- Beginning\,balance\,of\,Non\,Current\,assets\,\\\\= \$\,975,000\,+\,\$150,000\,+\,\$95,000\,-\,\$820,000\\\\=\$400,000[/tex]
Hence, the value of new assets that were purchased during the year is
$ 400,000.
To learn more about Assets, refer to the link:
https://brainly.com/question/25895372
What do the customers buy/use of value from the Samsung?
Answer:
Customer Value is the perception of what a product or service is worth to a Customer versus the possible alternatives. Worth means whether the Customer feels s/he or he got benefits and services over what s/he paid. ... Consumers use the product or the service, but in all cases do not buy the product/service.
A Canadian radio station asks listeners o call in to voice their option on whether a Canadian figure skater should have won gold. What bias might be present
The bias which is present here is Response bias. Thus option B is correct.
What is Sampling Bias?Sampling bias occurs when certain members of a population are consistently more likely to be chosen for a sample than other members of the community. Ascertainment bias is another name for it in the medical areas.
Since sampling bias jeopardises external validity, particularly population validity, it restricts the generalizability of findings. In other words, conclusions drawn from bias samples can only be extrapolated to populations with similar traits of the sample. In probability sampling, each person in the population has a known chance of being chosen. To choose a straightforward random sample from your population, for instance, you may use a random number generator.
Therefore, we can conclude that B is the correct option.
Learn more about Sampling Bias here:
https://brainly.com/question/28047176
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Your question is incomplete. But, most probably your complete question was:
A Canadian radio station asks listeners to call in to voice their opinion on whether a Canadian figure skater should have won gold. What bias might be present:
A. Sampling
B. Response
C. Measurement
D. Non-response
Identify each scenario given below as structurally, frictionally, or cyclically unemployed.
a. A recent recession has reduced the number of visitors to a local theme park. The park has had to lay off many of its employees, including Neha.
b. Gilberto recently lost his job as a waiter at a local restaurant.
b. A recent increase in the minimum wage keeps local employers from adding more of the low-skill positions for which he qualifies, so he has been unable to find work. He continues to look for a job, but he's considering going back to school for vocational training.
Answer:
A)cyclical unemployment
B) Structural unemployment
Explanation:
A)cyclical unemployment can be regarded as a type of unemployment whereby there is no enough demand for labor, so Businesses will not be able to employ all that are seeking for job at that business cycle.
B) Structural unemployment can be regarded as one that occured as a result in shifts in an economy and usually long-lasting unemployment .
Put in chronological order the events that take an economy from its original long-run equilibrium to a new long-run equilibrium.
a. Stock prices rise in the United States, increasing citizens’ real wealth.
b. Aggregate demand shifts to the right, increasing the price level in the short run.
c. Gradually, all prices in the economy adjust to the demand shift.
d. Short-run aggregate supply shifts to the left, returning to long-run equilibrium and a higher price level.
Answer:
b. Aggregate demand shifts to the right, increasing the price level in the short run.
a. Stock prices rise in the United States, increasing citizens’ real wealth.
d. Short-run aggregate supply shifts to the left, returning to long-run equilibrium and a higher price level.
c. Gradually, all prices in the economy adjust to the demand shift.
Explanation:
The above arranged statement are the chronological order of the events which takes an economy from its original long-run equilibrium to a new long-run equilibrium.
According to the basic double entry principle of accounting, we
A Credit ever account and debt the receive account
B. Debit the Elver account and credit the receiver account
Credit the ever and receiver acce
D. Any of the above, depending on the transactions
Answer:
D. Any of the above, depending on the transactions
Explanation:
The double entry principle simply means that any accounting transaction has two records: one credit, and one debit, and it depends on the nature of the transaction, and of the accounts involved which specific value is credited and which one is debited.
For example, if a firm purchases 100$ of office supplies with cash, the credited account is cash, because cash is reduced by $100, while the office supplies account is debited by the same value.
If a firm sells 100$ of office supplies instead, the office supplies inventory is credited for this value, while the same amount of cash is debited for this same amount.
For Ruger Corporation, we will assume 750 of the 1,000 gold medallions in Job
A were shipped to customers by the end of the month for total sales revenue of
$225,000. Because 1,000 units were produced and the total cost of the job
from the job cost sheet was $158,000, the unit product cost was $158. WHAT The
following journal entries would recorded?
Answer:
hsjs
hshsjsoa
sjieieiw
Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools:
Activity Cost Pool Estimated Overhead Cost Expected Activity
Labor-related $52,000 8,000 direct labor-hours
Machine-related $15,000 20,000 machine-hours
Machine setups $42,000 1,000 setups
Production orders $18,000 500 orders
Product testing $48,000 2,000 tests
Packaging $75,000 5,000 packages
General factory $108,800 8,000 direct labor-hours
Required:
Compute the company's pre-determined overhead rate, assuming that the company uses a Single plantwide predetermined overhead rate based on direct labor-hours.
Answer:
$48.23 per direct labor hour
Explanation :
Pre-determined overhead rate = Budgeted Overheads ÷ Budgeted Activity
where,
Budgeted Overheads = $52,000 + $15,000 + $42,000 + $18,000 + $48,000 + $75,000 + $108,800 = $358,800
Budgeted Activity (direct labor-hours) = 8,000 hours
therefore,
Pre-determined overhead rate = $358,800 ÷ 8,000 hours = $48.23 per direct labor hour
The company's pre-determined overhead rate, assuming that the company uses a Single plantwide predetermined overhead rate based on direct labor-hours is $48.23 per direct labor hour.
Identify whether the scenarios below are examples of regressive or progressive taxes.
A sales tax on food and clothing. ____________
An additional sales tax on cars bought for over $50,000. ____________
A flat rate income tax of 20%, with no additional tax being paid on earnings above $1,000,000. ______________
An income tax system using tax brackets, where the percentage tax rate increases with income. ________________
A fixed poll tax on citizens and residents. ____________
Answer:
a. A sales tax on food and clothing is an example of a regressive tax - Under this system of taxation, the tax rate diminishes as the taxable amount increases.
b. An additional sales tax on cars bought for over 50,000 is an example of a progressive tax - A progressive tax is a tax in which the tax rate increases as the taxable amount increases.
c. A flat rate income tax of 20%, with no additional tax being paid on earnings above $1,000,000 is an example of Regressive tax. The tax levied on income earned above a certain level will be the same, that is, as the income increases, the tax rate is less.
d. The system used is an example of progressive tax. This is as per the definition of the progressive tax, a positive relation between the income earned and the tax rate.
e. A fixed poll tax on citizens and residents is an example of Regressive tax. A poll tax or a head tax is a fixed rate levied on the citizens and residents irrespective of the income level.
The Phoenix Corporation's fiscal year ends on December 31. Phoenix determines inventory quantity by a physical count of inventory on hand at the close of business on December 31. The company's controller has asked for your help in deciding if the following items should be included in the year-end inventory count.
1. Merchandise held on consignment for Trout Creek Clothing.
2. Goods shipped f.o.b. destination on December 28 that arrived at the customer's location on January 4.
3. Goods purchased from a vendor shipped f.o.b. shipping point on December 26 that arrived on January 3.
4. Goods shipped f.o.b. shipping point on December 28 that arrived at the customer's location on January 5.
5. Phoenix had merchandise on consignment at Lisa's Markets, Inc.
6. Goods purchased from a vendor shipped f.o.b. destination on December 27 that arrived on January 3.
7. Goods sold to a customer sitting on the loading dock on December 31 waiting to be picked up by the customer.
8. Freight charges on goods purchased in 3.
Required:
Determine if each of the items above should be included or excluded from the company's year-end inventory.
Answer:
Explanation:
1. Merchandise held on consignment would be included in Phoenix's ending inventory as Phoenix is the consignor or supplier and Trout creek clothing is the consignee.
2. FOB destination goods are included in Phoenix's ending inventory as till the point goods reaches destination, it will be considered as part of the seller's inventory and would be transferred to buyer's inventory after goods reach destination.
3. In case of FOB shipping point, goods are included in buyer's inventory the day goods are shipped irrespective when it reaches the buyer. Here, Phoenix is the buyer so goods will be included in its ending inventory.
4. This would not be part of Phoenix's ending inventory as goods are shipped FOB shipping on December 28. So, this would be included in buyer's inventory.
5. In this case, Phoenix is the consignee and Lisa's market is consignor. So, merchandise on consignment would not be included in Phoenix's inventory.
6. Here, goods would not be included in Phoenix's ending inventory as terms are FOB destination and Phoenix is the buyer. Since, goods will arrive at the destination only On january 3, it will not be included.
7. Goods sold to a customer sitting on loading truck that has not yet been picked up by customer will not be included in Phoenix's inventory. It would be considered as customer's inventory.
8. Freight charges on goods bought are included in inventory cost of the buyer.
Example 31: S borrows 5,00,000 to buy a house. If he pays equal instalments for 20 years
and 10% interest on outstanding balance what will be the equal annual instalment?
Solution: We know
Answer:
$58.729
Explanation:
To find the answer, we need to use the present value of an annuity formula.
The formula is:
P = X [(1 - (1 + i)^-n) / i ]
Where X is the annual instalment
P is the present value of the investment (500,000 in this case)(
i is the interest rate (10% in this case)
and n is the number of periods (20 years in this case)
We now plug the amounts into the formula:
500,000 = X [ (1 - (1 + 0.10)^-20) / 0.10 ]
500,000 = X [8.51356]
500,000 / 8.51356 = X
58,729 = X
So the value of the equal annual instalment will be $58.729
Donald was killed in an accident while he was on the job in 2016. Darlene, Donaldâs wife, received several payments as a result of Donaldâs death. What is Darleneâs gross income from the items listed below?
a. Donaldâs employer paid Darlene an amount equal to Donaldâs three monthsâ salary ($60,000), which is what the employer does for all widows and widowers of deceased employees.
b. Donald had $20,000 in accrued salary that was paid to Darlene.
c. Donaldâs employer had provided Donald with group term life insurance of $480,000 (twice his annual salary), which was payable to his widow in a lump sum. Premiums on this policy totaling $12,500 had been included in Donaldâs gross income under § 79.
d. Donald had purchased a life insurance policy (premiums totaled $250,000) that paid $600,000 in the event of accidental death. The proceeds were payable to Darlene, who elected to receive installment payments as an annuity of $30,000 each year for a 25-year period. She received her first installment this year.
Answer:
a. Donald's employer paid Darlene an amount equal to Donald's three months' salary ($60,000), which is what the employer does for all widows and widowers of deceased employees.
The $60,000 are included in the widow's gross income.
b. Donald had $20,000 in accrued salary that was paid to Darlene.
The $20,000 are included in the widow's gross income.
c. Donald's employer had provided Donald with group term life insurance of $480,000 (twice his annual salary), which was payable to his widow in a lump sum. Premiums on this policy totaling $12,500 had been included in Donald's gross income under § 79.
$0 included in widow's gross income.Benefits from life insurance policies are not taxed.
d. Donald had purchased a life insurance policy (premiums totaled $250,000) that paid $600,000 in the event of accidental death. The proceeds were payable to Darlene, who elected to receive installment payments as an annuity of $30,000 each year for a 25-year period. She received her first installment this year.
Taxable amount = $30,000 - $24,000 = $6,000Only amount not classified as capital recovery is taxed. Capital recovery per year = ($600,000 / $750,000) x $30,000 = $24,000
Loran's pretax accounting income in 20X1 is $100,000. Loran had bad debt expense for financial reporting purposes of $14,000 in 20X1. In 20X1, Loran deducted $4,000 in bad debts. Loran expects the timing difference to reverse $3,000 in 20X2 and $7,000 in 20X3. The income tax rate is 40%. Which of the following entries would be included for the deferred tax entry required at the end of 20X2?
Answer:
The answer is "2800".
Explanation:
The positive temporary difference at 20X2 end[tex]= 7000[/tex]
X Tax rate on revenue[tex]=40\%[/tex]
At the end of 20X2 deferred account of tax assets= [tex]2800[/tex]
what are 3 Obstacles for becoming a tattoo artist? if this is the list for the process of becoming one.
1 Art skills
2 Learn How to Draw
3 Build a Portfolio
4Get an Art Education
5 Build a new Portfolio
6Apprenticeship
a Cleaning
b Secretarial work
7 Training with machines
a Practice on synthetic material
b Practice on volunteers
8 Learn Hygienic Work Practices
9 Get Licensed
10 Buy Your Own Tattoo Equipment
11 Establishing clientel and reputation
Answer:
Arts skills
get licensed
training with machines
Mr. and Mrs. Nabulsi are 44 and 41 years old, respectively. They have two children, 14 and 16 years old. They are successful and highly paid professionals. They have two primary investment objectives, retirement and providing for their two children's education. They plan to retire when they turn 65 years old. Their liquidity constraint is best described by which of the following phrases?
a. Since both of them are highly paid professionals, they have no significant concerns to address in their investor policy statement.
b. Their IPS should address the expected payments for their children's education, but need not account for it in the asset allocation.
c. Their IPS should address the expected payments for their children's education and account for it in the asset allocation.
Answer:
mnb b
Explanation:
Among the top motivator driving corporation to engage in CSR includes all of the following reasons except
Answer: meeting or exceeding budget
Explanation:
The options include:
a. Meeting or exceeding budget
b. Ethical considerations
c. Innovation and learning
d. Employee motivation
Corporate social responsibility simply refers to the responsibility of organizations to the society. It is when companies contribute to the goals of the society at large by engaging in charitable deeds or supporting practices that are environmental friendly or ethically viable.
The motivator that drives organizations to engage in corporate social responsibility include ethical consideration, employees motivation, innovation and learning etc.
Therefore, the option that doesn't motivate companies to engage in corporate social responsibility is meeting or exceeding budget.
With respect to production costs, manufacturing overhead accumulates in the account and is applied to Work In Process based on the predetermine overhead rate or activity based cost rates. It is rare that manufacturing overhead is cleared out naturally by this process. If you have a debit balance in manufacturing overhead, the accounting department ________ has applied manufacturing overhead to the WIP accounts. Is this over or under applied. If the amount remaining at the end of the year is insignificant, the adjustment to clear the remaining manufacturing overhead balance is made to what other account?
Answer:
With respect to production costs, manufacturing overhead accumulates in the account and is applied to Work In Process based on the predetermine overhead rate or activity based cost rates. It is rare that manufacturing overhead is cleared out naturally by this process. If you have a debit balance in manufacturing overhead, the accounting department has under-applied manufacturing overhead to the WIP accounts. Is this over or under applied. If the amount remaining at the end of the year is insignificant, the adjustment to clear the remaining manufacturing overhead balance is made to what other account? Answer is: Cost of Goods Sold account
Debit balance in Overhead account = Actual Overheads which are more than Applied Overhead. This makes applied overhead be UNDER-APPLIED.
Suppose the total monetary value of all final goods and services produced in a particular
country in 2008 is $500 billion and the total monetary value of final goods and services
sold is $450 billion. We can conclude that:
A. GDP in 2008 is $450 billion.
B. NDP in 2008 is $450 billion.
C. GDP in 2008 is $500 billion.
D. inventories in 2008 fell by $50 billion.
im gone go for D hhalf oral Iran
Banc Corp. Trust is considering either a bankwide overhead rate or department overhead rates to allocate $360,000 of indirect costs. The bankwide rate could be based on either direct labor hours (DLH) or the number of loans processed. The departmental rates would be based on direct labor hours for Consumer Loans and a dual rate based on direct labor hours and the number of loans processed for Commercial Loans. The following information was gathered for the upcoming period:
Department DLH Loans Processed Direct Costs
Consumer 17,000 500 $ 290,000
Commercial 6,000 400 $ 190,000
If Banc Corp. Trust uses a bankwide rate based on the number of loans processed, what would be the total costs for the Consumer Department?
Answer:
Consumer Department= $200,000
Explanation:
Giving the following information:
Loans Processed
Consumer= 500
Commercial= 400
Total= 900
Total estimated overhead= $360,000
First, we need to calculate the predetermined overhead rate:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= $400 per loan processed
Now, we can allocate overhead to Consumer Department:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Consumer Department= 400*500
Consumer Department= $200,000
Use the following information to answer this question. Bayside, Inc. 2017 Income Statement ($ in thousands) Net sales $ 5,870 Cost of goods sold 4,270 Depreciation 335 Earnings before interest and taxes $ 1,265 Interest paid 31 Taxable income $ 1,234 Taxes 432 Net income $ 802 Bayside, Inc. 2016 and 2017 Balance Sheets ($ in thousands) 2016 2017 2016 2017 Cash $ 85 $ 190 Accounts payable $ 1,455 $ 1,420 Accounts rec. 960 800 Long-term debt 760 560 Inventory 1,565 2,010 Common stock 3,185 3,230 Total $ 2,610 $ 3,000 Retained earnings 830 1,080 Net fixed assets 3,620 3,290 Total assets $ 6,230 $ 6,290 Total liab. & equity $ 6,230 $ 6,290 How many dollars of sales were generated from every dollar of fixed assets during 2017?
Answer: $1.70
Explanation:
For us to know the amount of dollars of sales were generated from every dollar of fixed assets during 2017, we first find the average fixed assets and this will be:
= (3,620 + 3,290) / 2
= 6910/2
= 3455
Then , the dollars of sales generated from the fixed assets will be:
= Net sales / 3455
= 5870 / 3455
= 1.70
Year P (bikinis) Q (bikinis) P (Speedos) Q (Speedos)
2000 $75 21 $50 10
2001 82 23 52 12
2002 88 28 55 15
2003 91 30 60 14
Using the data above, calculate real GDP for 2003 using the chain-weighted method.
Answer:
$2,950
Explanation:
assuming that year 2000 is the base year:
real GDP for 2003 = (bikini price 2000 x bikini quantity 2003) + (speedos price 2000 x speedos quantity 2003) = ($75 x 30) + ($50 x 14) = $2,950
base year's prices become the real prices of the economy, and any change in real GDP is given by changes in output
Which factor of production is LEAST likely labeled in the photo?
Ride Tools
A)
capital
B)
human resources
C)
entrepreneurship
D
natural resources
Answer:
Natural resources
Explanation:
Humans should bring an end to all ways of degradation. Cutting down on food waste would only increase the amount of atmospheric carbon dioxide. Alternatively, inspire people to grow more trees in order to maintain nature's harmony. Furthermore, it reduces electricity consumption around the board.
what do you mean byv painting
Answer:
i don't know
really
Explanation:
You invest $7,873 in stock and receive $102, $123, $121, and $155 in dividends over the following 4 years. At the end of the 4 years, you sell the stock for $11.900. What was the IRR on this investment? The IRR on this investment is ______%.
Answer:
12.23%
Explanation:
Using an Excel spreadsheet we can determine the internal rate of return by using the IRR function:
inputs
-7873
102
123
121
155 + 11900 = 12055
IRR = 12.23%
You can also use a financial calculator, or do it by hand. Doing by hand is simply too much work for something that can be solved in a few seconds.