Your friend just emailed you the two photos above asking for your advice about which one looks more appealing. They plan to use it as a professional profile picture on LinkedIn, where they hope to make professional job contacts. Based on these two pictures what advice do you give your friend

Answer:

a) $12 per unit

b) $2,693 units

Explanation:

contribution margin ratio formula = contribution margin / total revenue

contribution margin = total revenue - variable costs

0.35 = (revenue - 7.80) / revenue

0.35revenue = revenue - 7.80

7.80 = 0.65revenue

revenue = 7.80/.65

revenue = 12

number of units required to increase revenue by $6,000:

= (fixed costs + desired profits) / contribution margin

= ($15,000 + $6,000) / $7.80 = $21,000 / $7.80 = 2,692.31 ≈ we must round up to $2,693 units

Answer: 30,000; $110

Explanation:

From the question, we are informed that someone own 5% of Coastal Corporation's 400,000 outstanding common shares and that the stock was trading for $165 per share before Coastal executives announced a 3-for-2 stock split.

The share owned after the split will be:

= 5% × 400,000 × (3/2)

= 0.05 × 400,000 × 1.5

= 30,000

The price after the split will be the current price divided by the split ratio. Tgis will be:

= $165/1.5

= $110

Answer:

Total Quality Management

Explanation:

Total Quality Management is an approach in which all the employees of the company work to improve the entire process to offer a good customer experience. According to this, the answer is that the term that means managing the entire organization so that it excels on all dimensions of products and services that are important to customers is Total Quality Management.

Answer:

350 units

Explanation:

The computation of the number of Cs is needed is shown below;

The requirement of Ps = 40

Ps still = 15

So, the Net of Ps needed is

=40 - 15

= 25

Bs needed for 25 units of P is

= 3 × 25

= 75

And, B units still = 10

So, the Net of B units needed is

= 75 - 10

= 65

So, Cs needed for 65 units of B is

= 4 × 65

= 260

Cs needed directly for every unit of P is

= 1 × 4

= 4

hence , total Cs needed for 25 units of P is

= 4 × 25

= 100

Now

Total Cs required is

= 260 + 100

= 360

And, C units still = 10

So, the Net Cs needed is

= 360 - 10

= 350 units

Answer:

(a) A note payable for $100,000 due in 2 years.  - Noncurrent liability

Non-current liabilities are obligations of payments by the company that extend for over a year. This note payable is due in 2 years and so is a Non-current liability.

(b) A 10-year mortgage payable of $200,000 payable in ten $20,000 annual payments.  - Noncurrent liability

This obligation also extends for over a year thereby satisfying the definition of a Non-current liability

(c) Interest payable of $15,000 on the mortgage.  - Current liability

Current Liabilities being the opposite of Non-current liabilities are obligations that are due within a year. The $15,000 interest payment is the amount due for the year and so is a Current Liability.

(d) Accounts payable of $60,000.  - Current liability

Accounts Payable are payable within the year and as such are current liabilities.

Answer:

Rational model.

Explanation:

Rational decision model uses logic and objectivity while trying to solve a problem. It is not subjective neither does it have to depend on intuition. It helps one to identify a problem and get a solution amongst different options. It maximizes efficiency through picking the best option amongst the rest based on a specific criteria. It is assumed that the person making this choice has enough information about the options.

Answer:

All of the above

Explanation:

All slings must have an affixed permanent identification tag that includes; The name or trademark of the manufacturer, WLL for the given type of hitch and configuration, and also the type of material used for the production of the sling. although there are many slings in the market but slings can be categorized into three recognized categories which are ; synthetic,chain and wire rope.

ASME B30 is charged with the responsibility for the Safety and Standard for Cableways, Cranes, Derricks, Hoists, Hooks, Jacks, and Slings. so they ensure that an affixed permanent identification tag is attached to products as well.

Answer and Explanation:

The Journal entries are shown below:-

1. Accounts Receivable Dr, $16,100

           To Sales $16,100

(Being sales is recorded)

2. Sales Returns and Allowances Dr, $4,900

             To Accounts Receivable $4,900

(Being return of the merchandise is recorded)

3. Cash Dr, $10,976 ($16,100 - $4,900) × 98%

   Sales Discounts Dr, $224 ($16,100 - $4,900) × 2%

                To Accounts Receivable $11,200 ($16,100 - $4,900)

(Being cash collection on the account is recorded)

Answer:

The Present Value of the bond at the market rate = $90,438.36  

Explanation:

The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).  

Value of Bond = PV of interest + PV of RV  

The value of bond can be worked out as follows:  

Step 1  

PV of interest payments  

Semi annul interest payment  

= 10% × 81000 × 1/2 = 4050

Semi-annual yield = 8%/2= 4 % per six months  

Total period to maturity (in months)  

= (2 × 8) = 16 periods (Note the bond term is 8 yeras)  

PV of interest = 4050 × (1-1.04^(-16))/0.04 = 47,191.79

Step 2  

PV of Redemption Value  

Assuming a redemption value equals to the nominal value =

PV of RV = 81,000 × 1.04^-16 =  43,246.56  

Step 3 :Total Present Value

Total prent value =  43,246.56  + 47,191.79721  =  90,438.36

The Present Value of the bond at the market rate = $90,438.36  

Answer:

IRCA(Immigration Reform and Control Act of 1986)

FLSA(Fair Labor Standards Act)

Explanation:

The Immigration Reform and Control Act (IRCA) forbids employers from recruiting/hiring any foreign citizen that doesn't have a proper work authorization. That means that all Centinix's employees should have a green card.

The Fair Labor Standards Act (FLSA) sets the federal standards for minimum wage, overtime pay, record keeping, and child labor. This includes any full time or part time worker employed by Centinix.

Answer:

they will need to follow the television viewing habits,and  cultural differences in the locality.

Explanation:

This is very important so as to determine what would work best in each region. An extensive research into television habits as well as cultural norms would need to be carried out.

For example, program schedule times may need adjustments based on a different viewing time.

Complete Question:

An organization wants to reduce the possibility of outages when changes are implemented on the network. What should the organization use?

A. Change management

B. Configuration management

C. Configuration management database

D. Simple Network Management Protocol

Answer:

A. Change management.

Explanation:

An organization wants to reduce the possibility of outages when changes are implemented on the network. What the organization should use is a change management.

Answer:

Once the preferred dividends have been declared, they must be included in the calculation for the earnings per share (EPS) formula: EPS = (net income - preferred dividends) / average shares outstanding.

When the dividends are declared the following journal entry must be made:

Dr Retained earnings X

    Cr Preferred dividends payable X

Net income is reported using the retained earnings account, and once the retained earnings account decreases, the preferred dividends become a liability.

Answer:

400 favorable

Explanation:

The computation of total direct labor variance is presented below:-

Total direct labor variance = (Standard rate - Standard hours) × (Actual rate - Actual hours)

= ($15 × (2 × 2,200)) - $65,600

= ($15 × 4,400) - $65,600

= $66,000 - $65,600

= 400 favorable

Therefore for determining the total direct labor variance we simply applied the above formula.

Answer:

a. Items that are important to double check before submitting a loan application to underwriting:

b. Things you would be sure to tell a borrower in preparation for closing:

c. Calculations that are typically used during the course of a mortgage loan transaction:

Explanation:

The following are typical documentation and/or verifications to request from a loan applicant:

(A) 3 Items that are important to double check before submitting a loan application to underwriting are as follows;

(B) 2 things one would be sure to tell a borrower in preparation for closing are as follows;

(C) 3 Calculations that are typically used during the course of a mortgage loan transaction:

Read more on loan documents:

https://brainly.com/question/24867222

Answer And Explanation:

a) Quantity of chocolate demanded by consumers will decrease

This is because there is a minimum price which makes product more expensive. The higher the price, the less the quantity demanded

b) Quantity of chocolate supplied by producers will increase

This is because price has increased with the government's price floor. The higher the price, the higher the quantity supplied.

c) Quantity of chocolate purchased by the government will increase

This is because there is surplus supply and therefore government would need to buy more to support the price floor and buy leftover chocolates in the market

Answer:

$42,300 credit balance

Explanation:

The question is incomplete:

Jensen Corporation uses the percentage-of-sales method to estimate uncollectibles. Net credit sales for the current year amount to $2,010,000 and management estimates ​3% will be uncollectible. The Allowance for Doubtful Accounts prior to adjustment has a debit balance of $18,000. After all adjusting entries are​ made, the balance in Allowance for Uncollectible Accounts will​ be:

uncollectible accounts = $2,010,000 x 3% = $60,300 credit

the adjusting entry at the end of the year:

December 31, 202x, bad debt expense:

Dr Bad debt 60,300

    Cr Allowance for uncollectible accounts 60,300

the ending balance of the Allowance for uncollectible accounts account = $60,300 - $18,000 (debit balance) = $42,300

Answer:

The answer is B.

Explanation:

To a layman, break-even point is the point where an entity neither make profit nor loss. It is the point where total revenue equals total cost(where the total sales line intersects the total costs line on a cost-volume-profit chart).

Points greater or above this intersection or point mean the firm is making profit and points lesser or below this intersection or point mean the firm is making loss.

Answer:

e. $4,500

Explanation:

Year            Depreciation overstated         Prepaid expense omitted

1                              $2,500                                $3,000

2                             $4,000                                $2,000

Year 2's net income = net income (year 2) + overstated depreciation (year 2) + omitted prepaid expenses (year 1) - omitted prepaid expenses (year 2) = $18,000 + $4,000 + $3,000 - $2,000 = $23,000

This means that year 2's net income was understated by $5,000.

But year 1's net income was overstated by = $2,500 - $3,000 = -$500.

The adjustment on the retained earnings account should be $5,000 - $500 = $4,500

Answer:

It will incur an Opportunity cost of $8,000.

Explanation:

It will incur the opportunity cost of $8000 because the additional unit produces by the company then the additional revenue that is generated will be equal to the amount (25 - 20) x 12,000 = 60,000. Since the additional cost, that incurs for the production of 12000 units is 52000. Therefore the profit earned is $8000.

So if the company does not produce it then it will lose the profit of $8000.

Answer:

retained earnings at December 31, 202x = $266,980

Explanation:

income statement for November and December:

Sales revenue               $632,000

COGS                            ($474,000)

Gross profit                     $158,000

Operating expenses:

Depreciation                   ($58,000)

Other expenses              ($45,400)

Net income                      $54,600

retained earnings = previous balance + net income - dividends paid = $212,380 + $54,600 - $0 = $266,980

Answer:

this bond will trade at $912.05.

Explanation:

There is an Inverse relationship between the yield and the price of bond.

The Bond investment in Sisyphean Company is trading at a discount.

The Price of the Bond, PV can be determined as follows..

PV = ?

FV = $1,000

PMT = ($1,000 × 8​%) ÷ 2 = $40

P/yr = 2

YTM = 9.6​%

n = 8 × 2 = 16

Using a Financial Calculator, the Price of the Bond, PV  is $912.05.

Answer:

Residua  income =  $80,000  

Explanation:

Residual income is the excess of the controllable profit over the opportunity cost of capital invested.  

It is used to evaluate the financial performance of a division or department.

The a positive residual value indicate a good performance, hence the higher the residual value the better

It is computed as follows:  

Residual income = Controllable profit - (cost of capital× operating assets)  

Controllable profit = 560,000,  

Interest on capital = × 12% × 4,000,000 =  480,000  

Residual income = 560,000 - 480,000=  80,000  

Residua  income =  $80,000  

The question is incomplete. The complete question is,

If a corporation issues 10,000 shares of $1 par value common stock for $9000, the journal entry would include a credit to:

A) Common Stock for $9000.

B) Paid-in Capital in Excess of Par—Common for $9000.

C) Common Stock for $10,000.

D) Retained Earnings for $10,000

Answer:

The common stock is credited for $10000. Thus option C is the correct answer

Explanation:

The journal entry to record the issuance of shares below par value will be,

Cash                                                                    9000 Dr

Paid in Cap in excess of par-Common stock   1000 Dr

              Common stock                                             10000 Cr

Thus, the common stock is credited for the complete amount of $10000.

The cash received is $9000 and there is a shortage of $1000 which is adjusted by debited the paid in capital in excess of par account.

Incomplete question. Here are the options:

A. Short distance to the customer markets

B. Reduced burden from travelling and international meetings

C. Enhanced communications and a sense of community

D. Identical working hours without time zone difference

Answer:

A. Short distance to the customer markets

Explanation:

It is noteworthy to remember we are concerned about what is not a major benefit of co-locating team members from different cultures in one place instead of having a team.

The other benefits like; reduced burden from travelling and international meetings, enhanced communications and a sense of community and having Identical working hours without time zone difference are major in nature as they have a direct impact on cost savings and work efficiency.

Answer:

Cost performance index is 81.25%

Explanation:

Actual cost = $80,000

Planned value = $70,000

Earned value = $65,000

Cost performance index (CPI) is the ratio of earned value to actual cost and can be used to estimate the projected cost of completing the project.

CPI = EV / AC

= $65,000 / $80,000

= 0.8125

= 0.8125 x 100

= 81.25%

Answer:

1. 1.28

2. increase in operating Income of  20,48 %

3.New Contribution Format Income Statement

Sales ($ 143,000 × 1.16)                            $165,880

Variable expenses ($57,200 × 1.16)        ($66,352)

Contribution margin                                  $99,528

Fixed expenses                                        ($19,000 )

Net operating income                               $80,528

Explanation:

The degree of operating leverage shows the times Earnings Before Interest and Tax will change as a result of a change in sales contribution.

Degree of operating leverage = Contribution ÷ Earnings before Interest and Tax

                                                  = $85,800 ÷ $ 66,800

                                                  = 1.28

An increase in sales of 16% will lead to an increase in operating Income of  20,48 % (16% × 1.28).

Answer:

Please see answers below.

Explanation:

1. The company's degree of operating leverage = Contribution ÷ Net operating income

Contribution = $85,800

Net operating income = $66,800

= $85,800 / $66,800

= 1.28

2. Impact on ney operating income of a 16% increase in sales

Revised contribution = $85,800 + 16%

= $85,800 + $13,728

= $99,528

Revised net operating income = $99,528 - $19,000(Fixed cost)

= $80,528

Degree of operating leverage = $99,528 / $80,528

= 1.24

3. Contribution format income statement ;

Sales $143,000 + 16% = $165,880

Less variable cost $57,200 + 16% = $66,352

Contribution margin = $99,528

Less fixed cost = $19,000

Net operating income = $80,528

Answer:

Ball Bearings, Inc.

a) Calculations of Costs of Production:

Qty Total Fixed   Total       Total    Marginal  Average  Average   Average

       Costs ($)  Variable  Costs ($) Costs ($)   Fixed      Variable     Total

                        Costs ($)                                Costs ($)  Costs ($) Costs ($)

 0      100             0            100         100          100              0            100

 1       100           50            150         50           100             50           150

2       100           70            170          20            50             35            85

3       100           90           190          20            33              30            63

4       100          140          240          50            25              35           60

5       100         200         300          60             20             40            60

6       100         360         460         160             17              60             77

b)  For the first ball bearings, the profit in this case is a loss of $100 (Revenue - Total costs; $150 - 50).

c) False

d) At this level of production, the firm's profit, is a loss of $100.  This is the best decision the firm can make: False.

Explanation:

a) Data:

Costs of production as follows:

Quantity   Total Fixed Costs ($) Total  Variable Costs ($)

   0                        100                                   0

   1                         100                                 50

  2                         100                                 70

  3                         100                                 90

  4                         100                                140

  5                         100                              200

  6                         100                              360

a) Ball Bearings, Inc. can become profitable when the total revenue exceeds the total costs (variable and fixed).  Ball's marginal cost is the additional cost that the corporation incurs for producing one additional unit of ball bearings.  Its average fixed, variable, and total costs are computed by dividing the total fixed, variable, and total costs by the number of ball bearings produced.

Answer:

Operating profit of segment B = $180,000

Explanation:

The allowable cost to any of the segment would be equal to the proportion that the segment income bears to the overall total income multiplied by the allocable cost.

Mathematically, we can use the realationship below:

Allocable cost to Segment B = Sales of segment B/Total sales × Alllocable cost

Allowable cost = 180,000

Total sales = 250,000+ 120,000 + 90,000 = 460,000

Allocable cost to B = (120,000/460,000) × 180,000 =  46,956.52  

Allocable cost to segment B =$46,956.52  

However,the question required us to determine operation profit.

Operating profit is the excess of sales revenue over operating expenses

Operating profit of segment B-= 200,000 - 90,000 = 180,000

Operating profit of segment B = $180,000

Answer and Explanation:

The computation is shown below:

1. The standard direct labor hours per brake repairs are shown below:

Actual time spent               5  hours

Setup and downtime (5 hours × 11%) 0.55

Cleanup and rest periods (5 hours × 27%) 1.35

Standard direct labor hours per brake repair 6.9

2. For standard direct labor hourly rate

Wage rate per hour $10

Payroll Taxes ($10 × 10%) $1

Fringe Benefits ($10 × 25%) $2.5

Standard direct labor hourly rate $13.5

3. For the standard direct labor cost per brake repair

= 6.9 hours × $13.5

= $93.50