Answer:
is not impospol ok hom many transilet
when a person sells a stick for a profit he needs to know that
Answer:
He needs to know that it is not a scam and that its gonna be a fair I give you give.
Explanation:
Suppose that if the Doombug toy is dropped, the production and sale of other Draper toys would increase so as to generate a $16,000 increase in the contribution margin received from these other toys. If all other conditions are the same, the financial advantage (disadvantage) from discontinuing the production and sale of Doombugs would be:
Answer:
$6,000 Decrease
Explanation:
Sales$150,000
Calculation to determine the financial advantage (disadvantage) from discontinuing the production and sale of Doombugs would be:
First step is to calculate the Profit from Doombugs
Sales 150,000
Less Variable expenses 120,000
Contribution margin 30,000
Avoidable fixed expenses 8,000
Profit from Doombugs $22,000
Now let calculate the financial advantage (disadvantage)
Financial advantage (disadvantage)=-$22,000+$16,000
Financial advantage (disadvantage)=-$6,000 Decrease
Therefore the financial advantage (disadvantage) from discontinuing the production and sale of Doombugs would be:$6,000 Decrease
A company has the following expenditures during the year. Advertising $ 200,000 Employee training 25,000 Customer outreach and consultation 175,000 The company believes that these efforts have increased the fair value of the entire company by $50,000. How much goodwill can the company recognize at the end of the year associated with these expenditures
Answer:
$0
Explanation:
Given that;
Advertising expenses = $200,000
Employee training = $25,000
Consumer outreach and consultation = $175,000
Since it is mentioned that this cost would be increased, the fair value of the entire company by $50,000
Hence, there is no information related to the takeover of the business. This implies that the goodwill recognized by the company is zero
Shelby Corporation was organized in January to operate an air-conditioning sales and service business. The charter issued by the state authorized the following capital stock:
Common stock, $1 par value, 200,000 shares.
Preferred stock, $10 par value, 6 percent, 50,000 shares.
During January and February, the following stock transactions were completed:
a. Collected $196,000 cash and issued 14,000 shares of common stock.
b. Issued 12,000 shares of preferred stock at $24 per share; collected in cash.
Net income for the year was $44,000; cash dividends declared and paid at year-end were $11,000.
Required:
Prepare the stockholders' equity section of the balance sheet at December 31.
Answer and Explanation:
The preparation of the stockholders' equity section of the balance sheet at December 31 is presented below:
Contributed Capital:
Common Stock [14000 shares × $10 par] $14,000
Preferred Stock [12000 shares × $10 par] $120,000
Paid in Capital in excess of par - Preferred Stock ((12,000 × $24) - $120,000) $168,00 0
Paid in Capital in excess of par - Common Stock ($196,000 - $14,000) $182,000
Total Contributed Capital $484,000
Retained Earnings ($44,000 - $11,000) $33,000
Total Stockholder's Equity $517,000
If you get in an accident with a hit-and run driver, ___ will cover any damage. a. collision insurance c. medical payments b. comprehensive physical insurance d. uninsured motorist insurance
Answer:
A.
Explanation:
Collision insurance covers anything from a car accident you did, or someone else did.
Find the sales tax and total cost of an espresso machine that costs $77.95. The tax rate is 8%. Round your answer to the nearest cent.
Answer:
About 84.2
Explanation:
8% of 78.00 = 6.24
78.00 + 6.24 = 84.24 (Around 84.2
apologies if wrong
All of the following statements characterize the traditional personal selling approach EXCEPT: a. Traditional selling focuses on closing sales. b. Traditional selling uses short-term follow-ups that focus on product delivery. c. Traditional personal selling takes a team approach to the account. d. Salespeople sell products, not advice and assistance. e. Proposals and presentations used emphasize pricing and product features.
Answer:
c. Traditional personal selling takes a team approach to the account.
Explanation:
Traditional sales can be regarded as a
very seller-centric. This approach relies on grabbing attention through interruption of what people are doing, and by telling them the reason they should be interested in that particular thing you are offering, and after this having expectations for them to make a purchase on the spot. Personal selling can be regarded as an approach whereby a salesperson meets find ways to meet a potential buyer, this could be buyers face-to-face having the the aim of selling particular product or service. This is the most traditional form of sales, that is used by many salespeople.
Characteristics of the traditional personal selling approach are;
✓Proposals and presentations used emphasize pricing and product features
✓Traditional selling focuses on closing sales.
✓Traditional selling uses short-term follow-ups that focus on product delivery.
✓Salespeople sell products, not advice and assistance.
In the current year, she sold her interest in Activity D for a $10,000 gain. Activity D, which had been profitable until last year, had a current loss of $1,500. Answer the following questions to determine how the sale of Activity D affects Sarah's taxable income in the current year. a. The amount of suspended losses carried forward to the year of the sale is $fill in the blank 1 20,000 . b. What amount of the suspended losses is allocated to Activity D
Answer:
a. -$20,000
b. -$2,000
Explanation:
a. The amount of suspended losses carried forward to the year:
= 30,000 + (-30,000) + (-15,000) + (-5,000)
= -$20,000
b. Suspended losses allocated to Activity D:
First find the total amount of losses:
= -30,000 - 15,000 - 5,000
= -$50,000
Activity B accounted for -$5,000 of this loss.
Suspended losses to be allocated to D would therefore be:
= -5,000 / - 50,000 * -20,000
= -$2,000
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Umm Chile... anyway so
"You’ve observed the following returns on Crash-n-Burn Computer’s stock over the past five years: 6 percent, –13 percent, 24 percent, 18 percent, and 15 percent. The average inflation rate over this period was 3 percent and the average T-bill rate was 4.35 percent. What was the average real return on the company's stock? [First find average of the nominal returns and use Fisher's equation to find average real return]"
Answer:
6.80%
Explanation:
The average nominal returns is the sum of the returns for 5 years divided by the number of returns considered( i.e 5, 5 returns for 5 years)
average nominal returns=(6%-13%+24%+18%+15%)/5
average nominal returns=10.00%
The Fisher's equation is shown thus:
(1 + i) = (1 + r) (1 + π)
i=nominal return=10.00%
r=average real return=the unknown
π=inflation rate=3%
(1+10.00%)=(1+r)*(1+3%)
1.10=(1+r)*1.03
1+1=1.10/1.03
r=(1.10/1.03)-1
r=6.80%
Scenario C. Victor, the president of Tortoise Bay Pharmaceuticals Inc., sends a memo to his vice presidents regarding new procedures for succession planning in the company. The vice presidents meet informally to discuss the new procedures. When the procedures are announced to the other employees, they form feedback teams. These teams draft memos providing feedback to the vice presidents and CEO regarding the advantages, disadvantages, and potential problems with the new procedures. The original memo sent by the president of the company is an example of
Answer:
Tortoise Bay Pharmaceuticals Inc.
The original memo sent by the president of the company is an example of
downward communication.
Explanation:
Whereas upward communication flows from the lower levels of an organization to higher ranks, with downward communication, information flows from one top level to a lower level in the organization's hierarchy. For example, the original memo sent by the CEO of Tortoise Bay Pharmaceuticals Inc. to his vice presidents is a downward communication. The memos that provide employees' feedback (an efficient communication feature) to the vice presidents and the CEO about the new procedures are examples of upward communication.
Materials requisitions are: generally used less frequently in process costing than job order costing. not used in process costing. generally used more frequently in process costing than job order costing. used more frequently by latter stage production departments.
Answer:
generally used less frequently in process costing than job order costing.
Explanation:
Manufacturing costs can be defined as the overall costs associated with the acquisition of resources such as materials and the cost of converting these raw materials into finished goods.
Basically, manufacturing costs include direct labor costs, direct materials cost and manufacturing overhead costs.
Process costing can be defined as a cost accounting method used for assigning manufacturing or production costs to the units of goods produced by a business firm over a specific period of time. It is mostly used by firms that produce a large quantity of homogeneous or similar products on a continuous basis. Process costing typically uses more than one Work in Process Inventory account because costing at each stage of production or manufacturing process.
Job order costing can be defined as a cost accounting method used to determine and accumulation of the cost of manufacturing each product or a single unit of production. Job costing order typically uses only one Work in Process Inventory account for each product.
Hence, Process costing typically uses a separate Work in Process Inventory account for each department while job order costing typically uses only one Work in Process Inventory account for each product.
In conclusion, materials requisitions are generally used less frequently in process costing than job order costing.
The balance sheet data below pertain to American Pulp and Paper for the recent year ended. In addition, sales were $60 million. For the coming year, management believes that sales will increase by 20% to a total of $72 million. The profit margin is expected to be 5%, and the dividend payout ratio is targeted at 40%. No excess capacity exists. Determine the additional funds needed (AFN) in millions of dollars for the coming year using Additional Funds Needed (AFN) Equation Method.
Answer:
$0.24 million
Explanation:
Calculation to Determine the additional funds needed (AFN) in millions of dollars for the coming year using Additional Funds Needed (AFN) Equation Method
Additional Funds Needed (AFN) =[ (14/60)(12) - (2/60)(12)]- (0.05)(72)(.6)
Additional Funds Needed (AFN) = ($2.8 - 0.4) -$2.16
Additional Funds Needed (AFN) =$0.24 million
Therefore the additional funds needed (AFN) in millions of dollars for the coming year using Additional Funds Needed (AFN) Equation Method is $0.24 milion
Job Costs At the end of April, Prichard Company had completed Jobs 50 and 51. Job 50 is for 1,000 units, and Job 51 is for 500 units. The following data relate to these two jobs: On April 20, raw materials were requisitioned for production as follows: 700 units for Job 50 at $18 per unit and 1,400 units for Job 51 at $18 per unit. During April, Prichard Company accumulated 300 hours of direct labor costs on Job 50 and 1,100 hours on Job 51. The total direct labor was incurred at a rate of $20 per direct labor hour for Job 50 and $12 per direct labor hour for Job 51. The predetermined factory overhead rate is $6.00 per direct labor hour. a. Determine the balance on the job cost sheets for Jobs 50 and 51 at the end of April. Job 50 $ fill in the blank 1 Job 51 $ fill in the blank 2 b. Determine the cost per unit for Jobs 50 and 51 at the end of April. Round all answers to the nearest whole cent. Job 50 $ fill in the blank 3 Job 51 $ fill in the blank 4
Answer:
Prichard Company
At the end of April:
Job 50 Job 51
The balance on the job cost sheets $20,400 $45,000
The cost per unit $20.40 $90
Explanation:
a) Data and Calculations:
Job 50 Job 51
Units produced 1,000 500
Raw materials 700 1,400
Cost of raw materials per unit $18 $18
Total cost of raw materials $12,600 $25,200
Total direct labor hours 300 1,100
Direct labor rate per hour $20 $12
Total cost of direct labor $6,000 $13,200
Factory overhead $1,800 $6,600
Predetermined overhead rate = $6 per direct labor hour
Total cost of raw materials $12,600 $25,200
Total cost of direct labor 6,000 13,200
Factory overhead applied 1,800 6,600
Total cost on April 30 $20,400 $45,000
Units produced 1,000 500
Cost per unit $20.40 $90
Oriole Company purchased for $8,767,800 a mine that is estimated to have 48,710,000 tons of ore and no salvage value. In the first year, 2,830,000 tons of ore are extracted. (a1) Calculate depletion cost per unit. (Round answer to 2 decimal places, e.g. 0.50.) Depletion cost per unit $enter the depletion cost per ton amount in dollars per ton
Answer:
the depletion cost per unit is $0.18 per ton
Explanation:
The computation of the depletion cost per unit is shown below;
We know that
Depletion cost per ton is
= (Total cost - salvage value) ÷ total estimated units
= ($8,767,800 - $0) ÷ 48,710,000
= $0.18 per ton
Hence, the depletion cost per unit is $0.18 per ton
we simply applied the above formula so that the depletion cost per ton could come
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Answer:
you bum
you bum
you bum
hope this helps
have a good day :)
Explanation:
A coal mine was acquired at a cost of $4,000,000. No salvage value was expected and the estimated number of units available for production was 4,000,000 tons. During the first year, 440,000 tons of coal was mined and sold. The depletion expense for the first year was
Answer:
$440,000
Explanation:
The depletion of the coal mine can be calculated using the formula below;
Depletion expense for the year
= (Cost of mine - Salvage value) × (Tons of coal sold in the year/Total tons capacity of the mine)
Given that;
Cost of mine =$4,000,000
Salvage value = 0
Tons of coal sold in the year = 440,000 tons
Total tons capacity of the mine = 4,000,000 tons
Therefore,
Depletion expense for the year
= (4,000,000 - 0) × (440,000/4,000,000)
= 4,000,000 × 0.11
= $440,000
enjing purchases a bond for $2,000 with 12 remaining $40 quarterly coupon payments. The bond broker who sells her the bond reassures her that she will earn a return of 3% per quarter but does not disclose the bond's par value. What par value would result in the return the bond broker promises
Answer:
Wenjing
The par value that would result in the return the bond broker promises is:
= $1,333.
Explanation:
a) Data and Calculations:
Bond amount paid = $2,000
Quarterly coupon payments = $40
Remaining coupon payments = 12
Bond maturity period = 3 years (12/4)
Promised returns per quarter = 3%
The implication is that the bond's annual interest rate = 12% (3% * 4 quarters)
Par value of bond = Quarterly premium/Quarterly returns in percentage = $1,333 ($40/0.03)
Check this out: 3% of $1,333 = $40
SKCM Co. has a defined benefit pension plan. On December 31 (the end of the fiscal year), the company received the PBO report from the actuary. The following information was included in the report: ending PBO, $110,000; benefits paid to retirees, $10,000; interest cost, $7,200. The discount rate applied by the actuary was 8%. What was the beginning PBO
Answer: $90,000
Explanation:
The Interest cost is based on the beginning PBO and the discount rate by the formula:
Interest cost = Beginning PBO * Discount rate
7,200 = Beginning PBO * 8%
Beginning PBO = 7,200 / 8%
= $90,000
Does anyone know how much netflix Approximately pay for a movie to be on netflix ?
Answer:
Depends on the ranking
Explanation:
Lisa Co. paid cash for all of the voting common stock of Victoria Corp. Victoria will continue to exist as a separate corporation. Entries for the consolidation of Lisa and Victoria would be recorded in Group of answer choices A worksheet. Lisa's general journal. Victoria's general journal. Victoria's secret consolidation journal. The general journals of both companies.
Answer: worksheet
Explanation:
The entries for the consolidation of Lisa and Victoria would be recorded in a worksheet.
Consolidation worksheet refers to the tool that is used in the preparation of the consolidated financial statements of both a parent company and the subsidiaries.
The consolidation worksheet is important as it shows the individual book values for the parents company and the subsidiaries.
in a bad news message the reasons for the decision
are so obvious that you don’t need to mention them
come directly after the buffer and follow naturally from it
should be glossed over quickly
should be long and roundabout to cushion the negative aspects
Answer:
should be long and roundabout to cushion the negative aspects
if you are delivering bad news if it is directly affecting them they would most likely like to know why and if they can help this issue
Explanation:
mrk me brainliest please.
analyze how a person's ethics or values might affect his performance on the job. Can someone help me or give me a few example?
Activity A1 takes 5 weeks, A2 takes 7 weeks, and A3 takes 4 weeks with a 50% probability and 10 weeks with a 50% probability. What is the project completion time under the best-case scenario, that is, A3 is early and takes 4 weeks
Answer:
12
Explanation:
The computation of the project completion time under the best-case scenario is shown below;
= Activity A1 weeks taken + activity A2 weeks taken
= 5 weeks + 7 weeks
= 12
We simply added the time taken by activity 1 and activity 2 so that the project completion time could come
Concord Corporation reported the following information for 2016: October November December Budgeted sales $430000 $400000 $510000 Budgeted purchases $210000 $226000 $258000 Cost of goods sold is 35% of sales. Concord purchases and pays for merchandise 60% in the month of acquisition and 40% in the following month. Accounts payable is used only for inventory acquisitions. How much is the budgeted balance for Accounts Payable at October 31, 2016? $84000 $126000 $216000 $90400
Answer:
a. $84,000
Explanation:
Given, credit purchases are 40% of the sales, will be collected in the following month
Credit purchase = Budgeted purchase * 40%
Credit purchase = $210,000 * 40%
Credit purchase = $84,000
So, the budgeted balance for Accounts Payable at October 31, 2016 is $84,000.
g Suppose you own a jewelry store. In exchange for a discount on your burglary insurance premium, you promise the insurer that you will keep a trained guard dog on the premises at ALL times, even when the store is closed. You decide one evening to take the dog home with you (it's his birthday and you want to give him a night off) instead of leaving him in the store. A burglar breaks in and steals everything that night. The insurance company finds out the dog wasn't in the store when the burglary happened and denies your claim. WHY
Answer:
The store's insurance company is right to deny the claim, provided it is written down in the insurance policy agreement between the store and the insurance company. The policy agreement requires the keeping of a trained guard dog on the premises at ALL times.
Explanation:
The violation of a policy condition can only be overlooked if it is not stated in the insurance agreement. The promise to keep a trained guard dog on the premises is a policy condition. Taking the dog home for a night violates that condition. You could have brought a substitute dog on the night of the dog's birthday. This way, it could have frustrated the burglar's efforts on the faithful day.
Suppose that furniture production encompasses the following stages: Stage 1: Trees are sold to lumber company. $1,800 Stage 2: Lumber is sold to furniture company. $4,000 Stage 3: Furniture company sells furniture to retail store. $8,200 Stage 4: Furniture store sells furniture to consumer. $12,500 Instructions: Enter your responses rounded to the nearest whole number. a. What is the value added at each stage
Answer:
Stage 1 value added $1,800
Stage 2 value added $2,200
Stage 3 value added $4,200
Stage 4 value added $4,300
Explanation:
Calculation to determine the value added at each stage
Stage 1 value added = $1,800
Stage 2 value added =$4,000 – $1,800
Stage 2 value added=$2,200
Stage 3 value added = $8,200 – $4,000
Stage 3 value added = $4,200
Stage 4 value added =$12,500 – $8,200
Stage 4 value added =$4,300
Therefore the value added at each stage are:
Stage 1 value added $1,800
Stage 2 value added $2,200
Stage 3 value added $4,200
Stage 4 value added $4,300
At the beginning of the year, Nothing More, Corp., had a long-term debt balance of $37,929. During the year, the company repaid a long-term loan in the amount of $10,839. The company paid $4,235 in interest during the year, and opened a new long-term loan for $9,525. What was the cash flow to creditors during the year
Answer:
$5549
Explanation:
Calculation to determine the cash flow to creditors during the year
Using this formula
Cash flow to creditors =Interest -New debt
Let plug in the formula
Cash flow to creditors=4235-(9525-10,839)
Cash flow to creditors=4235-(-1314)
Cash flow to creditors =$5549
Therefore the cash flow to creditors during the year is $5549
On January 1, year 8 Harper Co. finances the purchase of equipment by issuing a $15,000 non-interest-bearing note payable. The note will be paid off in 10 equal annual installments beginning on December 31, year 8. The market rate of interest for notes of this type is 5%. Considering the information below, at what amount should Harper Co. report the equipment on its balance sheet dated December 31, year 8
Answer: $11583
Explanation:
The amount that Harper Co. should report the equipment on its balance sheet dated December 31, year 8 will be calculated thus:
= Amount of annual instalment × PV of ordinary annuity of $1 at 5% for 10 periods
= (15000/10) × 7.72173
= 1500 × 7.72173
= 11582.595
= 11583
Therefore, the amount will be $11583
The new proposed project needs to use an expensive medical equipment that is already owned by the company. The purchase price of this equipment is $637,000 . The company also spent $124,000 to update its operating software. The equipment recieved a recent market bid from an interested buyer of $718,000. The current book value of $578,000. If the company decides to use this equipment for the new project , what value should we use for this equipment to be included in the initial cash flow of the project
Answer:
$718,000
Explanation:
Based on the information given we were told that the equipment received a MARKET BID from a buyer of the amount of $718,000 which means that in a situation where the company choose to use this equipment for the new project the VALUE that we should use in order for this equipment to be included in the INITIAL CASH FLOW of the project will be the amount of $718,000 which represent the recent MARKET BID amount received from the Interested buyer.