The Internet helps consumers make well-informed decisions because of
which of the following?
O A. It speeds up the pace of both production and consumption
B. It provides the information that is crucial for making good choices
O O
O c. Private financial information can be handled more securely.
D. E-commerce makes it more convenient to purchase goods.​

Answer:

Decreased by $125,000

Explanation:

Calculation for Seidman Company's monthly income before taxes should:"

First step is to find the loss in contribution margin using this formula

Loss in contribution margin = Sales unit× contribution margin

Let plug in the formula

Loss on contribution margin=30,000 × $ 7

= ($210,000)

Second step

Fixed monthly overhead = $85,000

Monthly income before taxes =Loss in contribution margin - Fixed monthly overhead

Monthly income before taxes= ($210,000) - $85,000

Monthly income before taxes= $125,000

Thereforre in a situation where product X is discontinued, this means that Seidman Company's monthly income before taxes would get decreased by $125,000

Answer:

The ending inventory for the month of May using the LIFO inventory cost method is $324.

Explanation:

LIFO

LIFO method assumes that the last goods purchased are the first ones to be issued to the final customer.

This means valuation of inventory will use the value of the earliest goods purchased.

Ending Inventory : 2 units × $14   = $28

                               5 units × $16  = $80

                               12 units × $18 = $216

                               Total               = $324

Conclusion :

The ending inventory for the month of May using the LIFO inventory cost method is $324.

Answer:

a) An increase

Explanation:

The times interest earned ratio is a ratio that measures the portion of the income or earning that can be used to pay for future interest expenses. Times interest earned ratio is also known as the coverage ratio and it can be computed using the following formula:

Times interest earned ratio = EBIT / Interest expense .............. (1)

Where EBIT denotes earning before interest and tax.

From equation, it can be seen that there is a negative relationship between times interest earned and interest expense. That is, as interest expense increases, times interest earned falls. On the other hand, as interest expense falls, times interest earned increases.

Therefore, the correct option is a) An increase, that is a company with a decreasing interest expense would see an increase to its times interest earned.

Answer:

  1.50

Explanation:

TATO = (net sales)/(total assets)

  = (24000/16000) = 1.50

The total asset turnover ratio (TATO) for Ryngard Corp was 1.50 last year.

Answer:

full spectrum of product offerings

Explanation:

Sony has always been striving to serve its customer better. Millennial are the top brands that are considered in market. They are the organizations which capture major market share and are massive market segment. Sony has offered wide range of products to its customers.

Answer:

The answer is:

1. - Internal user of accounting information(management)

2. External user of accounting information(banks)

3. Internal user of accounting information(management)

4. External user of accounting information(potential investors)

5. Internal user of accounting information(management)

6. External user of accounting information

7. Internal user of accounting information(management)

Explanation:

Internal users of accounting information are people within a organization who use the accounting information for decision making. Examples of are the management and employees. External users are people that are not within the organization. Examples are government, the public, banks, potential investors etc

1. - Internal user of accounting information(management)

2. External user of accounting information(banks)

3. Internal user of accounting information(management)

4. External user of accounting information(potential investors)

5. Internal user of accounting information(management)

6. External user of accounting information

7. Internal user of accounting information(management)

Answer:

One page

Explanation:

Direct mail questionnaires should be kept to a maximum of a single page.

This is because the target audience of these mails which are the respondents will treat this like they treat regular mails and my not be disposed to answering or giving responses.

So an increased number of pages would surely further decrease the attention the questionnaire would receive from these respondents.

Thus, it is best that the questionnaire is restricted to a single page.

Answer:

a. Contribution margin per unit is $48 per unit

b. Break-even point in units is 13,125 units; and Break-even point in dollar sales is $1,050,000

c. Dollar amount of sales to achieve $120,000 income is $1,250,000.

Explanation:

These can be determined as follows:

(a) calculate the contribution margin in units.

Contribution margin in units is the selling price per unit minus the variable cost per unit that produces incremental earning for each unit sold. This can be calculated as follows:

Contribution margin per unit = Selling price per unit - Variable cost per unit = $80 - $32 = $48 per unit

b) Calculate the break-even point in units and in dollar sales.

Break even point is the point at which there is no net loss or gain, i.e. where total revenue is equal to to cost. This can be calculated both in units and dollar sales as follows:

Break-even point in units = Total fixed costs / Contribution margin in units = $630,000 / $48 = 13,125 units

Break-even point in dollar sales = Selling price * Break-even point in units = $80 * 13,125 = $1,050,000

(c) What dollar amount of sales would be necessary to achieve an income of $120,000?

To calculate this, we first calculate the contribution margin ratio as follows:

Contribution margin ratio = Contribution margin in units / Selling price = $48 / $80 = 0.60

Therefore, we have:

Dollar amount of sales to achieve $120,000 income = (Targeted income + Total Fixed costs) / Contribution margin ratio = ($120,000 + $630,000) / 0.60 = $1,250,000.

a. The contribution margin in units is $48 per unit.

b. The break-even point in units and in dollar sales is $1,050,000.

c. The dollar amount of sales would be necessary to achieve an income of $120,000 is $1,250,000.

a. Contribution margin per unit

Contribution margin per unit = Selling price per unit - Variable cost per unit Contribution margin per unit= $80 - $32

Contribution margin per unit= $48 per unit

b. Break-even point in units and in dollar sales:

Break-even point in units = Total fixed costs / Contribution margin in units

Break-even point in units= $630,000 / $48

Break-even point in units = 13,125 units

Break-even point in dollar = Selling price × Break-even point in units

Break-even point in dollar= $80×13,125

Break-even point in dollar= $1,050,000

c. Dollar amount of sales:

Contribution margin ratio = Contribution margin in units / Selling price

Contribution margin ratio = $48 / $80

Contribution margin ratio = 0.60

Dollar amount of sales = (Targeted income + Total Fixed costs) / Contribution margin ratio

Dollar amount of sales = ($120,000 + $630,000) / 0.60

Dollar amount of sales=$750,000/0.60

Dollar amount of sales = $1,250,000

Inconclusion the contribution margin in units is $48 per unit, the break-even point in units and in dollar sales is $1,050,000 and  the dollar amount of sales would be necessary to achieve an income of $120,000 is $1,250,000.

Learn more about break-even point here:https://brainly.com/question/2846088

Answer:

Sales Budget

               January February  March     April    May

Units Sold       200       300       400      300       400

Price per unit         $10      $ 10       $ 10       $ 10       $ 10

Sales Rev       $ 2.000  $ 3.000 $ 4.000 $ 3.000 $ 4.000

Explanation:

We have to multiplithe amount of units sold each month by the sales price per unit of each month.

For the second question, which is the production budget we require the beginning inventory at Jan 1st and the desired inventory policy else, we cannot complete it. Please add this as details for the question Thank you =)

Answer:

$134,500

Explanation:

Total manufacturing overhead = Variable overhead + Fixed overhead

Variable overhead= $1.3 * 10,000 units= $13000  

Fixed overhead = $13.50 * 9000 units = $121,500

Total manufacturing overhead= $13,000+$121,500

= $134,500

Answer:

difference between ROEs = 10.83% (restricted)  - 9% (relaxed) = 1.83%

Explanation:

total annual sales = $4,400,000

EBIT = $150,000

net income = $150,000 x (1 - 40%) = $90,000

restricted policy:

asset turnover = 2.5

sales = $3,740,000

EBIT = $135,000

net income = $81,000

assets = $3,740,000 / 2.5 = $1,496,000

equity = $1,496,000 x 50% = $748,000

ROE = $81,000 / $748,000 = 10.83%

relaxed policy:

asset turnover = 2.2

sales = $4,400,000

EBIT = $150,000

net income = $90,000

assets = $4,400,000 / 2.2 = $2,000,000

equity = $2,000,000 x 50% = $1,000,000

ROE = $90,000 / $1,000,000 = 9%

difference between ROEs = 10.83% - 9% = 1.83%

Answer:

Value

Explanation:

Hope this helps :)

Answer:

-19.061%

Explanation:

interest earned= principal x time x interest rate

Interest earned = $264,500 - $204,000 = $-60,500

$-60,500 = $264,500 x 12 x interest rate

interest rate = -0.19061 = -19.061%

Answer:

For Loan A = 3.170%

For Loan B = 3.174%

Loan B has a higher effective annual rate.

Explanation:

The computation of effective annual rates for the loans is shown below:-

For Loan A

We will assume effective annual rate is a

Stated rate(r) = 3.125% compounded monthly

= Number of periods in an year n = 12

So,

(1 + a) = (1 + r ÷ n) × n

= a = (1+0.03125 ÷ 12) × 12 - 1

= 0.03170

or

= 3.170%

For Loan B

We will assume the effective annual rate is b

Stated rate (r) = 3.15% compounded semi annually

= Number of periods in an year n = 2

So

(1 + a) = (1 + r ÷ n) × n

= a = (1 + 0.0315 ÷ 2) × 2 - 1

= 0.03174

or

= 3.174%

From the above calculation we can see that Loan B, is greater than Loan A and has a higher effective annual rate.

Answer:

Option C is correct.

Explanation:

The option is C, “Increase government spending on goods and services” is correct because the spending by the government will create new employment opportunities. Therefore, this will decrease unemployment. However, if the government decreases the loan funds in the economy, decreases the spending on goods and services, and rises the taxes then it will raise unemployment in the economy.  

In the case when the unemoloyment is high, the government policymakers should increase the government spending on the goods and services.

The following information should be considered:

Learn more: brainly.com/question/17429689

Answer:

a. 1.67

b. $33.4 billion

c. A larger MPC

Explanation:

a. The Spending Multiplier is used to calculate how much an Economy increases as a result of an extra dollar being put into it and can be calculated by using the following formula;

= 1 / ( 1 - MPC)

= 1/ ( 1 - 0.4

= 1.67

b. Total Change in GDP = Amount invested * Spending Multiplier

= 20 * 1.67

= $33.4 billion.

c. An Economy is helped when it's GDP increases. A higher Marginal Propensity to Consume (MPC) will help it more in that case because from the formula, a larger MPC would reduce the divisor of 1 resulting in a larger Spending Multiplier which will increase the GDP more per dollar.

To explain further, the MPC measures how much of an extra dollar that people in the Economy spend, if the MPC is higher it means they spend more which will contribute to a rise in Consumption which is part of GDP.

Answer:

10%

Explanation:

For computing the return on assets we have to do the following calculations:

As we know that

Total debt ratio = Total debt ÷ Total assets

0.33 = $651,000 ÷ Total assets

So,

Total assets = $1,972,727.27

Now the total equity is

Total assets = Total debt + Total Equity

$1,972,727.27 = $651,000 + Equity

So,  

Equity = $1,321,727.27

Now

ROE = Net income ÷ Equity

0.1490 = Net income ÷ $1,321,727.27

Net income = $196,937

So,

ROA = Net income ÷ Total assets

= $196,937 ÷ $1,972,727.27

= 9.98%

= 10%

Answer:

                                             Brooks Inc.

                                          Journal entries

DATE       General Journal                              DEBIT ($)       CREDIT ($)

12/31        Interest Expense                                4,500.00

               (90,000 x 5%)

               Notes Payable (Balancing Figure)    20,881.00  

               Cash                                                                           25,381.00

Answer:

Pace Corporation and Spin Company

1. Land should be reported in the consolidated balance sheet as

a. $130,000

2. Total assets:

b. $735,000

3. The differential associated with the acquisition:

b. $21,000

4. Goodwill

b. $21,000

5. Amount of liabilities in the consolidated balance sheet:

b. $406,000

Explanation:

a) Data:

Item                                                       Pace              Spin

                                                       Corporation     Company  

Cash                                                  $30,000        $25,000

Accounts Receivable                          80,000          40,000

Inventory                                            150,000          55,000

Land                                                    65,000          40,000

Buildings and Equipment                260,000         160,000

Less: Accumulated Depreciation   (120,000)        (50,000)

Investment: Spin Company Stock   150,000

Total Assets                                   $615,000       $270,000

Accounts Payable                         $45,000         $33,000

Taxes Payable                                20,000              8,000

Bonds Payable                             200,000          100,000

Common Stock                              50,000           20,000

Retained Earnings                       300,000          109,000

Total Liabilities and Stockholders’

  Equity                                      $615,000       $270,000

b) Consolidated Balance Sheets

Item                                     Pace             Spin            Total

                                      Corporation     Company    Group

Cash                                   $30,000      $25,000          $55,000

Accounts Receivable           80,000        40,000           120,000

Inventory                             150,000        60,000          210,000

Land                                     80,000        50,000           130,000

Buildings and Equipment 260,000       160,000         420,000

Less: Accumulated

  Depreciation                  (120,000)      (50,000)         (170,000)

Investment:

 Spin Company Stock      150,000                                 0

Goodwill                                                                           21,000

Total Assets                    $630,000    $285,000       $786,000

Accounts Payable            $45,000       $33,000         $78,000

Taxes Payable                   20,000            8,000           28,000

Bonds Payable                200,000        100,000         300,000

Common Stock                 50,000         20,000           50,000

Retained Earnings          300,000        109,000        300,000

Assets Revaluation           15,000          15,000          30,000

Total Liabilities and Stockholders’

  Equity                        $630,000     $285,000     $786,000

c) Differential on acquisition = investment (of subsidiary) - net assets

= $150,000 - ($270,000 - 141,000)  = $21,000

Answer:

How much money will you need to have at the moment you retire?

How much money do you need to save every year before retirement?

Explanation:

we have to first determine the amount of money you need to finance your retirement distributions:

using the annuity due present value formula, PV = annuity payment x annuity due factor (PV, 8%, n = 40)

PV = $100,000 x 12.87858 = $1,287,858

now we must use the ordinary annuity future value formula, FV = annuity payment x annuity factor (FV, 8%, n = 40)

annuity payment = FV / annuity factor = $1,287,858 / 259.057 = $4,971.33

Answer:

Explanation:

The Journal Entry in these types of situations is done as Debit Work in Process-department #2 and credit Work in Process-department #1. Since it is being transferred from one to the other meaning the first department is losing the completed work (credit) while the second department is gaining the completed work (debit)

Answer:

On February 1, a customer's account balance of $2,700 was deemed to be uncollectible.

The entry to be recorded on February 1 to record the write-off assuming the company uses the allowance method is:

Debit Allowance for Doubtful Accounts $2,700; credit Accounts Receivable $2,700.

Explanation:

Using the allowance method, every bad debt entry is first reflected in the Allowance for Doubtful Accounts before it is taken to the bad debt expense account.

The entries above reduce the Accounts Receivable account by the amount of the write-off and reduces the Allowance for Doubtful Accounts by the same amount.  Any recovery of written off debt is also treated in the Allowance for Doubtful Accounts and the Accounts Receivable account in revised order.  This method is unlike the direct write-off method.  With the direct write-off method, the Accounts Receivable is credited with the amount of the write-off and the write-off is expensed in the Bad Debts Expense account directly.

Answer:

d. 6,700 units

Explanation:

The computation of the equivalent units for conversion cost by using the FIFO method is shown below:

= Beginning inventory units × remaining percentage + units started and completed + ending inventory units × completion percentage

= 5,000 × 10% + (10,000 - 5,000) + 2,000 × 60%

= 500 + 5,000 + 1,200

= 6,700 units

We simply applied the above formula

Answer:

E

Explanation:

Pledging receivables is when the receivables are used as collateral during a financial arrangement. When a business uses it's business assets as collateral to gain a loan.

All the options in the question constitutes what pledging receivables consists. Therefore option E is the right answer.

Answer: e. . Both b and c

Explanation:

When using a Dynamic Data Structure, the structure in place is not fixed but rather has an allowance for growth or shrinkage. The capacity has an allowance to take more data or less data as it is operated on.

When using the Dynamic data structure approach for the classroom management program therefore, there must be an allowance for an increase in students. This is why options B and C are correct because the classroom has more capacity than students and the school has more classroom capacity than classrooms utilized respectively.

Answer:

c. debit to Bad Debt Expense for $3960.

Explanation:

The journal entry to record the bad debt expense is shown below;

Bad debt expense Dr ($3,140 + $820)   $3,960

         To Allowance for doubtful debts $3,960

(Being the bad debt expense is recorded)

For recording this we debited the bad debt expense as it increased the expenses and credited the allowance for doubtful debts as it decreased the assets

Therefore option c is correct

Answer:

The answer is $2,785,715.38

Explanation:

Annual payment(PMT) is $18,000. This periodic payment is called an annuity.

Number of years(N) for the payment is 40 years

Interest rate is 6%

So how much does the house worth after 40 years?

Using a Financial calculator:

N = 40; I/Y = 6; PMT = 18,000 CPT FV =2,785,715.38

After 40 years, the house will worth $2,785,715.38

Answer:

The demand curve and supply curve will shift leftwards.

Explanation:

The increase in the income of riders will decrease the number of bus rides because there is an inverse relationship between income and inferior goods. Therefore, the demand curve for bus rides will shift leftwards. Moreover, the increase in wages is an input cost, therefore, the rise in input cost will shift the supply curve leftwards.

Answer:

The product cost for 24,500 units is $497,350.

Explanation:

The reason is that the the product cost always includes all the variable production cost and specific fixed production cost. In this scenario, direct material cost, direct labor cost, variable manufacturing overhead cost are variable production cost whereas the fixed manufacturing cost is specific fixed production cost which will form part of product cost. The remainder of the cost left is period cost.

Direct materials (24,500 * $7.7 per unit)                               $188,650

Direct labor (24,500 * $4.7 per unit)                                       $115,150

Variable manufacturing overhead (24,500 * $2.2 per unit)  $53,900

Fixed manufacturing overhead (24,500 * $5.7 per unit)      $139,650

Total product costs                                                                 $497,350

Answer:

$2.28

Explanation:

Breakeven point is the number of units produced and sold at which net income is equal to zero.

Breakeven = F / P - V

F = fixed

P = price

V = variable cost

150,000 = $93,000 / $2.90 - V

Multiply both sides of the equation by $2.90 - V

= ($2.90 - V)150,000 = $93,000

$435,000 - 150,000V = $93,000

V = $2.28

I hope my answer helps you