Nonmanufacturing overhead costs are expenses that are unrelated to the manufacture of a good.
Due to the fact that these expenditures are unrelated to products, they are not included when determining the cost of terminating inventory or the cost of goods sold. Finance charges, selling, general, and administrative expenses are non-manufacturing overhead costs. Costs associated with non-manufacturing overhead should not be considered discretionary because they support crucial corporate operations like sales and marketing. Instead, product price points ought to be established so that a business turns a profit after covering all of these costs.
Paying for sales and marketing personnel, office space rent and utilities, interest on loans and credit lines, marketing costs, liability insurance.
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Cashmere Soap Corporation had the following items listed in its trial balance at 12/31/2021:
Currency and coins $ 590 Balance in checking account 2,500 Customer checks waiting to be deposited 1,400 Treasury bills, purchased on 11/1/2021,
mature on 4/30/2022 2,800 Marketable equity securities 9,900 Commercial paper, purchased on 11/1/2021,
mature on 1/30/2022 6,000 What amount will Cashmere Soap include in its year-end balance sheet as cash and cash equivalents?
A. 13,290
B. 7,290
C. 10,490
D. 23,190
Based on accounting principles, the content of the question, the amount Cashmere Soap will include in its year-end balance sheet as cash and cash equivalents is $10,490
What is a Year-End Balance Sheet?A year-end balance sheet is a term that is used to describe the summary of financial activities of a company that will show what assets the business owns and the liabilities that finance the assets.
Generally, the year-end balance sheet is often referred to as the business's statement of financial position which outlines the current assets and liabilities of the business.
In this case, to find the amount Cashmere Soap will include in its year-end balance sheet as cash and cash equivalents we have the following:
Particulars Amount ($)
Currency and coins 590
Add: Balance in checking account 2,500
Add: Customer checks waiting to be deposited $1,400
Add: Commercial paper, purchased on 11/1/2021, mature on 1/30/2022 $6,000
=> $590 + $2500 + $1,400 + $6,000 = $10,490
Hence, in this case, it is concluded that the correct answer is Cash and cash equipment =$10,490
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the common stock of sterling co. has an expected return of 14.7 percent and a beta of 1.3. the expected return on the market is 12.0 percent. what is the risk-free rate?
The risk-free rate is 3%. A market risk premium in finance and economic is used to measure how much the level of risk.
A risk premium means a measure of excess return that is used by an individual to compensate being subjected to an improved degree of risk. A risk premium is the common definition being the expected risky return less the risk-free return.
To find the amount of risk free rate, we can calculate it use this formula:
ER = rf + β (rm - rf)
Where,
ER = Expected Return = 14.7% = 0.147
rf = Risk free rate
β = beta = 1.3
rm = Return market = 12% = 0.12
Hence,
0.147 = rf + 1.3 (0.12 - rf)
0.147 = rf + 0.156 - 1.3rf
0.147 - 0.156 = -0.3 rf
-0.009 = -0.3 rf
rf = 0.03
Thus, the risk-free rate is 3%.
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which market structure best describes (a) airplane manufacturing, (b) electricians in a small town, (c) farms that grow tomatoes, and (d) cable television in a city? why? part 2 airline manufacturing is part 3
Due to the small number of airline manufacturers, the market structure has an oligopoly nature. Due to the homogeneity of electrical work, it is completely competitive.
What types of market structures are examples?Market structure is the process by which different industries are grouped and distinguished based on the level and nature of the rivalry they experience for services and goods. The four most typical market configurations are oligopoly, monopoly, perfect competition, and monopolistic competition.
Which type of market organisation is ideal?In an ideal market structure, there are no transaction costs and both producers and consumers have complete and symmetrical information. Many producers and buyers are competing with one another in this kind of circumstance.
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alex and marilyn started ono yo, an organic and fresh fruit frozen yogurt truck. as the demand for organic and healthier desserts rose, demand for ono yo's products grew. because of the growth in demand for ono yo's product, alex's and marilyn's
Alex and Marilyn started Ono yo, an organic and fresh fruit frozen yoghurt truck, and the demand for workers increased.
Demand is the intention of a consumer to buy a particular good or service. Market demand is the demand for a particular good on the market. Aggregate demand is the term used to describe the entire economy's demand for goods and services.
The demand planning process forecasts product or service demand to ensure that customers are satisfied. The goal of demand planning is to strike a balance — to have enough inventory to meet orders without having a surplus.
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the cape cod cotton candy company had the following information available regardinglast year's operations:sales (100,000 units) $200,000variable costs 100,000contribution margin 100,000fixed costs 50,000net income 50,000if sales were to increase by 200 units, what would be the effect on net income?
The cape cod cotton candy company had the following information available. The effect on net income will be $200.
Net income refers to the quantum an individual or business makes after abating costs, allowances and levies. In commerce, net income is what the business has left over after all charges, including payment and stipend, cost of goods or raw material and levies.
Calculating the problem:
Selling cost per unit = $ 200,000 ÷ $ 100,000
= 2
Variable cost per unit = $ 100,000 ÷ 100,000
= 1
sales = 100,200× 2 = 200 ,400
Variable cost = 100,200 × 1
= 100,200
Contribution margin = 100,200
Fixed cost = 50,000
Net income = 50,200
So , net increase is $ 200.
Generally, net income is synonymous with profit since it represents the final measure of profitability for a company. Net income is also appertained to as net profit since it represents the net quantum of profit remaining after all charges and costs are abated from profit.
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elizabeth wants to get a mortgage for her new vacation home. she pays $125,000 for the condo and has an 8% interest rate for a 10-year term. under the terms of the mortgage, elizabeth pays interest only until the final payment when the principal is paid off. what type of loan is this?
The simple interest fot the mortage is 100,000.
Simple interest is calculated by using multiplying the each day hobby charge with the aid of the predominant, by means of the quantity of days that elapse between payments. simple interest advantages purchasers who pay their loans on time or early every month. auto loans and quick-time period private loans are generally easy interest loans.
To calculate easy interest, multiply the fundamental amount by using the interest fee and the time. The formulation written out is "simple hobby = fundamental x interest rate x Time." This equation is the most effective manner of calculating interes
Calculation:-
amount = $125000
rate of interest = 8%
time = 10 years
SI = PRT/100
= 125000 × 8 × 10/100
= 100,000
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professional management is less of a concern with exchange-traded funds because exchange-traded funds invest in: (fill in the blank)
professional management is less of a concern with exchange-traded funds because exchange-traded funds invest in stocks, bonds, or other assets.
Professional management of exchange-traded funds?Exchange-traded funds (ETFs) are investment firms that are registered with the SEC to provide investors with a mechanism to pool their cash in a fund that invests in stocks, bonds, or other assets. Investors are given a stake in the fund as payment. Investment advisers that are registered with the SEC professionally handle the majority of ETFs. An industry with both strong performers and recent entrants with growth potential is the focus of this strategy, which seeks to provide diversified exposure to it. Stock ETFs have reduced costs and do not actually own any securities, in contrast to stock mutual funds, which do.
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if the marginal propensity to consume is 0.70 , what is the multiplier, assuming there are no taxes or imports? round to the tenths place.
If there are no taxes or imports and the marginal propensity to consume is 0.70, the multiplier is 3.33.
To calculate how much spending rises for every dollar of increased income, MPC monitors this connection. MPC is significant since it fluctuates with income and is lowest for those with higher incomes.
MPC is significant because it offers insightful information about how income affects consumer behavior. It aids economists and other specialists in learning about the relationship between an individual's income and their spending, which may affect economic policy.
The spending multiplier = 1 / (1 - MPC)
= 1 / (1 - 0.70)
= 3.33
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sing corporation began the year with a $190,000 balance in its equipment account. during the year, equipment with an original cost of $25,000 was sold. the ending balance in the equipment account was $210,000. which of the following statements is true?
Sng corporation began the year with a (Beginning balance) $190,000 - (Equipment sold) $25,000= $165,000. (Ending balance) $210,000 - $165,000 = $45,000 Equipment purchased statements is true.
A corporation is an employer—typically a group of people or a employer—legal via the nation to act as a single entity and recognized as such in regulation for positive functions. Early incorporated entities had been hooked up by means of constitution. most jurisdictions now permit the introduction of new agencies through registration.
An organisation is a criminal entity that is separate and wonderful from its owners. beneath the regulation, groups own among the same rights and obligations as people. they could enter contracts, loan and borrow cash, sue and be sued, lease employees, own belongings, and pay taxes.
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What would help a company reduce the risk of developing products for which there is little or no demand?.
Limiting budget allocated to R&D department would help company to reduce risk of developing products for which there is little or no demand.
What is R&D?Research and development (R&D), also referred to as research and technical development (RTD) in Europe, is a set of creative activities carried out by businesses or governments to create new services or products or to enhance those already on the market. The initial stage in the development of a potential new service or production method is research and development. R&D activities vary from institution to institution, with the two main models of an R&D department being either staffed by engineers and charged with directly developing new products, or staffed by industrial scientists and charged with conducting applied research in scientific or technological fields, which may aid in the development of future products. However, R&D is essential for capturing higher market shares through the commercialization of innovative products.
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which type of control advocates that if structure, leadership, technology, human resources, or operations inhibit the attainment of the organization’s goals, that aspect of the organization should be changed?
Strategic control is the type of control advocates that if structure, leadership, technology, human resources, or operations inhibit the attainment of the organization’s goals, that aspect of the organization should be changed.
What is meant by strategic control?Strategic control is a specialized form of management control that is used by businesses to oversee the creation and implementation of their strategic plans. It differs from other management control methods (particularly operational control) in that it must deal with ambiguity and uncertainty.
Strategic control is the process of determining an organization's path based on its implicit or explicit goals, objectives, strategies, and ability to perform in the face of shifting external conditions and rivalry.
Reevaluating a strategy in response to a sudden, unanticipated incident may be a part of strategic control. For instance, a business must promptly reevaluate its strategy if its flagship product is quickly becoming obsolete. Putting a plan into action frequently entails a set of actions
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in which of the following situations would a monte carlo simulation be used by a project manager? more than one answer may be selected.
A Monte Carlo simulation is a model used to predict the probability of a variety of outcomes when the potential for random variables is present. Monte Carlo simulations help to explain the impact of risk and uncertainty in prediction and forecasting models.
The Monte Carlo simulation is a mathematical approach that permits you to account for risks and assist you are making records-driven choices. It is based totally on historic data that is run via many random simulations to project the feasible final results of destiny initiatives underneath similar situations.
Conditions (along with first-rate, worst, or maximum in all likelihood cases) for each input variable are chosen and the consequences are recorded. by contrast, Monte Carlo simulations pattern from a possibility distribution for each variable to supply loads or heaps of feasible results.
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customer relationship management is the art and science of group of answer choices management discipline.
The art and science of positioning customers to increase an organization's profitability is known as customer relationship management.
How profitable is customer relationship management?
A business strategy known as customer relationship management (CRM) promotes customer satisfaction and loyalty while simultaneously optimizing revenue and profitability.Strategy is made possible by CRM technologies, as is the identification and management of in-person and virtual customer relationships.
What does Customer Relationship Management (CRM) entail?
A technology for managing all of your company's interactions with customers and potential customers is customer relationship management (CRM).The objective is clear:Enhance business connections.A CRM system aids businesses in enhancing profitability, streamlining procedures, and maintaining customer contact.
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A company that wants to use scenes from the pixar movie soul in its advertising campaign would have to have a __________ with the pixar company to use the movie.
Answer:
Explanation:
Presto is the proprietary software developed and used in-house by Pixar Animation Studios in the animation of its features and short films.
If carbon dioxide goes up to roughly 400 parts per million, that is warm enough to melt chunks of land ice. How could this directly affect human health?.
Answer:
During 9th of May, 2013, CO 2 levels in the air officially reached the level of 400 parts per million (ppmm). This is the first time in human history that this milestone has been passed.
Explanation:
You would want your financial planner to provide you with an investment policy statement that details your investment philosophy, your financial situation, and the risks you are willing to take, as well as what the advisor will do for you. TRUE
FALSE
The statement 'You would want your financial planner to provide you with an investment policy statement that details your investment philosophy, your financial situation, and the risks you are willing to take, as well as what the advisor will do for you' is true.
A financial planner is a person that analyzes your investment policies and guides your finances in such a way that you make valuable choices.
A financial planner will take an insight into your financial situation and also analyze the investment risks that a person wants to take are valuable or not.
The financial planner also guides about the financial services that he will be providing and how the advisor will help in managing the finances of the client.
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delivery cycle time is an example of which performance measure category? multiple choice internal business processes. customer. financial. learning and growth.
An example of an internal company process is delivery cycle time. Thus, the right choice is internal business processes.
What are internal business processes?A business process, business technique, or business function is a set of connected, organized actions or tasks performed by people or equipment in a defined sequence that results in the provision of a service or product to a specific client or customers. An internal process is a sort of business process that is carried out by companies without the influence or participation of external business partners. Internal processes are a component of the balanced scorecard approach, which is a performance indicator that can be used by a company to identify areas for development.
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which of the following customers or activities could be used for break-even analysis for a company providing educational services?
The activities could be utilized for break-even analysis for a business offering educational services based on the number of students each course.
What may a break-even study reveal to a company?Using a break-even analysis, a small firm can estimate when a new venture, product, or service will become profitable. It's a mathematical formula used to figure out how many goods or services you must sell to at least pay your manufacturing costs.
Where should the break-even point be?The break-even point is the point at which your small business experiences neither a profit nor a loss. It is reached when total costs and total revenues are equal. In other words, you've reached the point in production where a product's sales are equal to its production expenses.
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jake has saved $30 per week to buy a new blu-ray player. he compares two different models: a panaview that is priced at $130 and a zony model that is priced at $140. jake decides to purchase the zony blu-ray player for $140. identify what role money plays in each of the following parts of the story. hint: select each role only once. role of money medium of exchange unit of account store of value jake saved $30 per week. jake pays $140 for the blu-ray player. jake can easily determine that the panaview model has a lower price than the zony model. grade it now save
Jake has saved $30 per week to buy a new Blu-ray player. Jake can easily determine that the pageview model has a lower price than the zony model. grade it now save
a. unit of account
b. store of value
c. medium of exchange
A stand-by myself unit that plays Blu-ray player and DVD film discs. It also plays song from CDs, and more recent models have built-in Netflix aid, as well as get right of entry to to different streaming services. A "Blu-ray player" is an input supply for a television or domestic theater, while a "Blu-ray drive" is a peripheral tool for a pc.
A DVD is a popular definition device. You won't get excessive-definition movie viewing to your DVD, simply 480 SD.
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Spencer Enterprises is attempting to choose among a series of new investment alternatives. The potential investment alternatives, the net present value of the future stream of returns, the capital requirements, and the available capital funds over the next three years are summarized as follows. Capital Requirements ($) ) Alternative Number Alternative Net Present Value ($) Year 1 Year 2 Year 3 1 Limited warehouse expansion 4,500 3,000 1,000 4,000 2 Extensive warehouse expansion 5,500 2,500 3,500 3,500 3 Test market new product 11,000 6,000 4,000 5,000 4 Advertising campaign 4,500 2,000 1,500 1,800 5 Basic research 7,500 5,000 1,000 4,000 6 Purchase new equipment 2,500 1,000 500 900 Capital funds available 10,500 7,000 8,750 (a) Develop an integer programming model for maximizing the net present value in $). Let x = 1 if investment alternative i is selected for 1 = 1, 2, 3, 4, 5, 6. 16.) O otherwise Max 4500x, + 5500x7 + 11000x.: + 4500x4 + 7500x3 + 2500x6 s.t. Year 1 3000x4 + 2500x2 + 6000x3 +2000x4 + 5000x5 + 1000x6 < 10500 Year 2 1000x, + 3500x, + 4000x3 + 1500x4 + 1000x5 + 500x6 S 7000 Year 3 1000x, + 3500x, +5000x3 + 1800x4 + 1000x + 900x48750 According to this model, what is the maximum net present value in $)? $ 24300 X (b) Assume that only one of the warehouse expansion projects can be implemented. Modify your model from part (a). In addition to the constraints from part (a), what additional constraint should be added to the integer programming model? *1 + x2 <1 According to this model, what is the maximum net present value in $)? $ 24300 (b) Assume that only one of the warehouse expansion projects can be implemented. Modify your model from part (a). In addition to the constraints from part (a), what additional constraint should be added to the integer programming model? x1 + x2 <1 According to this model, what is the maximum net present value (in $)? $ 17000 (C) Suppose that if test marketing of the new product is carried out, the advertising campaign also must be conducted. Modify your formulation from part (b) to reflect this new situation. In addition to the constraints from part (a) and part (b), what additional constraint should be added to the integer programming model? *4 -*3=0 According to this model, what is the maximum net present value (in $)? $ 24000
The net present value will be 17,500,
There is only one project for warehouse expansion that can be carried out, and if test marketing of the new product is done, an advertising campaign must also be done and vice versa. Assume as well that basic research or a significant warehouse expansion is required before the acquisition of new equipment can be made.
Create the corresponding model to maximize net present value while adhering to the aforementioned constraints Yi (1 if investment alternative is selected, o otherwise).
I = 1, 2, 3, 4, 5, 6
Max Z = $4,000y1 + 6,000y2 + 10,500y3 + 4,000y4 + 8,000y5 + 3,000y6.
So, NPV = 17,500.
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On April 1 of the current year, Troubled Company factored receivables with a carrying value of $85,000 for $60,000 in cash from Scrooge Lenders. The transfer was made without recourse. The arrangement also includes a factoring fee equal to 4% of the total factored amount. On April 1, Troubled would:
Multiple Choice
Credit Deferred Interest Expense for $25,000.
Credit Factored Accounts Receivable for $85,000.
Debit Discount on Liability for $25,000.
Debit Loss on Sale of Receivables for $25,000.
On April 1, Troubled would debit loss on the sale of accounts receivables for $25,000.
What are accounts receivable?The term "accounts receivable" refers to a company's legally enforceable claims for payment for goods delivered or services rendered that customers have requested but have not yet paid for. Typically, they take the form of invoices that are generated by businesses and sent to customers for payment within predetermined time frames. An asset on a balance sheet is represented by accounts receivable. It is one of several accounting transactions that deal with charging a customer for the goods and services they have requested. These can be contrasted from notes receivable, which are debts established through formal legal documents known as promissory notes.
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given that a firm's return on equity is 15 percent and management plans to retain 41 percent of earnings for investment purposes, what will be the firm's growth rate?
A firm's return on equity is 15 percent and management plans to retain 41 percent of earnings for investment purposes, so the firm's growth rate is 27%.
A firm's growth rate refers to the extent to that a selected variable modified over a delegated amount of your time. the expansion rate might mirror however quickly or what quantity one thing modified. for instance, a rate might represent what quantity revenue modified from month to month.
A management plan is a formal designing tool that aims to style the longer term operations of the ability. it's a writing that outlines: the aims and objectives of the ability — what are we have a tendency to attempting to succeed? the methods accustomed meet the objectives — however can we have a tendency to achieve it?
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adaptive expectations will speed up the adjustment process that takes place when an economy operates above or below full employment. group of answer choices true false
This statement is false.
An conjectured process by which people construct their expectations about what will happen in the future based on what has already occurred is known as adaptive expectations in the field of economics.
It is a theoretical idea that has to do with creating expectancies for the future based on experiences and things that have happened recently.
People will anticipate higher inflation in the current year, for instance, if it was higher in the recent past.
Adaptive expectations actually make things go more slowly. Looking backward and analyzing previous economic behavior is necessary when thinking adaptively about the economy. The process of coming to conclusions and adjusting will move slowly.
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george purchased a life annuity for $2,200 that will provide him $55 monthly payments for as long as he lives. based on irs tables, george's life expectancy is 100 months. how much of the first $55 payment will george include in his gross income?
Of the first $55 payment George will include in his gross income#35.
Amount to be included in gross income from the first $55 payment = $55 - ($2,000 / 100)
= $55 - $20
= $35
What is Gross income?
Gross income is the total of all incomes, salaries, profits, interest payments, rents, and other kinds of income for families and people before any deductions or taxes. It differs from net income, which is calculated as gross income less any applicable taxes and other deductions.
How can I determine my gross income?
As an alternative, you can figure out your gross income by multiplying either your monthly take-home pay before taxes or the number of hours you'll work in a month by your hourly wage rate.
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You have a position with respect to an asset that will lose money as the price of that asset increases. You have a __________ position.
Group of answer choices
short
long
in-the-money
out-of-the-money
at-the-money
an asset that will experience a loss as its value rises. Your have a long position .
What exactly does it mean to be in a long position?A long position in a financial instrument in the context of finance denotes ownership of the financial instrument by the position holder. The position holder anticipates that the value of the financial instrument will rise. A bullish stance is what this is.
For investors that go long, the primary risk is a decline in the value of the asset they possess, which could result in a loss. The main danger to people who are shorting stocks is an increase in the value of the borrowed shares.
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competitive firms that earn a loss in the short run should question 6 options: a) shut down if p < avc. b) raise their price. c) lower their output. d) all of the above are correct.
Competitive firms that earn a loss in the short run should shut down if P is less than average variable cost .
p < avc.
Option A is correct
What happens if a competitor closes suddenly?If a business cannot cover its fixed costs in the short term, it chooses to temporarily close when the price of its goods falls below its average variable cost. In the long run, if a company can cover both fixed and variable costs, companies will choose to exit if the price is below the average total cost.
Why would a perfectly competitive company shut down so quickly?If the market price faced by a perfectly competitive firm is below the average variable cost at its profit-maximizing output, the firm should cease operations immediately.
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a machine with a cost of $146,000, accumulated depreciation of $93,000, and current year depreciation expense of $21,000 is sold for $46,400 cash. the amount that should be reported as a source of cash under cash flows from investing activities is:
The amount that should be reported as a source of cash under cash flows from investing activities is $46,400. It can be calculated from the sold cash.
Cash can be meant as a value or price that is paid directly. Sometimes it also contain the number of assets that can be easily converted into cash immediately, as reported by a corporation. From the scenario we were informed that a cost of machine is $146,000, current year depreciation expense of $21,000 that is sold for $46,400 cash.
Cash by sale of Equipment is = sold cash = $46,400
Hence, we can say that the value that should be report as a source of the cash under cash flow by investing activities is $46,400.
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When using the indirect method, adding a decrease in prepaid insurance to net income eliminates the effect of recording insurance expense that ______.
When using indirect method, adding decrease in prepaid insurance to net income eliminates effect of recording insurance expense that has not been paid in cash.
What is net income?In the world of finance and business, net income (also referred to as total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) refers to an entity's income less costs of goods sold, expenses, depreciation and amortization, interest payments, and taxes for a specific accounting period. It is calculated as the total of the period's revenues, profits, and losses less the sum of the expenses, gains, and losses. It has also been referred to as the net increase in equity held by shareholders as a result of business operations. It differs from gross income because gross income only deducts the cost of the goods sold from revenue. Net income for families and individuals is their (gross) income less any applicable taxes and other deductions.
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During the budget preparation phase, only the chief executive is committed to viewing the budget and its policy implications in their entirety. true or false
Answer:
true
Explanation:
because he is upper rank meaning he can the only seeing the budget
does the use of english measurement units put u.s. companies at a disadvantage when competing on international contracts?
Converting between different units is the English system of measurement's main drawback. Going from feet to kilometers, pounds to ounces or gallons to pints is not simple. Remembering that 640 acres make up one square mile is a typical illustration.
What is English measurement?
English units are the measurement systems that were in use in England up until 1826 and were a result of the fusion of the Roman and Anglo-Saxon systems. English units have been subject to a variety of standards over time, in various locations, and for various purposes. The inch, foot, yard, and mile are the fundamental units of length and distance measurement in the English system. The rod, furlong, and chain are additional length units. definition of survey foot.
Areas are commonly expressed in square feet or cubic yards in the English system. Feet, inches, and pounds are used in the English measurement system to measure objects. The majority of the units of the metric system are meters and grams, along with prefixes like kilos, milli, and centi. The English method of measurement is intended to make measuring length more challenging.
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