Caroline is retired and receives income from a number of sources. the payments are from bonds that Caroline purchased over past years and disability insurance policy that Caroline purchased.
Calculate her incomeDistributions from qualified pension plan $5400Interest on binds issued by City of Austin, Texas $2500Social Security benefits $8200Interest on US Treasury Bills $2300Interest on bonds issued by Ford Motor Company $1900Interest on bonds issued by City of Quebec, Canada $2750Disability insurance $9500

Answers

Answer 1

Answer:

Answer:

Caroline Income/Taxable Income = $12,350

Explanation:

Income/Taxable Income means all income from whatever source derived, unless excluded by law. It can also be called Gross Income. Gross Income includes income realized in any form, whether in money, property or services

Calculation of Caroline Income/Taxable Income

Distributions from qualified pension plan  $5,400

Interest on US Treasury Bills                       $2,300

Interest on bonds issued by                        $1,900

Ford Motor Company

Interest on bonds issued  by City of            $2,750

Quebec, Canada                                                        

Total                                                               $12,350


Related Questions

Today is date 0. In 10 years, you plan to retire and buy a house in Norman, OK. In terms of a time line, you will retire at the end of year 10. The house you are looking at currently costs $200,000 and is expected to increase in value each year at a rate of 5% compounded annually. Assuming you can earn 10% annually on any investment you might make, how much must you invest at the end of each of the next 10 years to be able to buy your dream home when you retire?

Answers

Answer:

$20,441.67

Explanation:

the present value of your house is $200,000, its future value = $200,000 x (1 + 5%)¹⁰ = $325,778.93

you can earn a 10% annual interest rate for 10 years, that means that we can use a future value of an annuity factor = 15.937

your annual investment = future value of the house / annuity factor = $325,778.93 / 15.937 = $20,441.67

Watsontown Yacht Sales has been selling large power cruisers for 25 years. On January 1, 20X1, the company had $5,950,000 in inventory (based on a FIFO valuation). While the number of yachts in Watsontown Yacht Sales’s inventory remained fairly constant throughout 20X1, by December 31, 20X1, yacht prices were 7% higher than at the start of the year. The company reported cost of goods sold for 20X1 of $23,800,000. Required: Calculate the amount of realized holding gains in Watsontown Yacht Sales’s income for 20X1.

Answers

Answer: $416,500

Explanation:

The Holding gain will be the amount that inventory increased by in the year.

With the inventory remaining fairly constant and prices increasing to 7% more at the end of the year than the start, the realized holding gain will be;

= 5,950,000 * 7%

= $416,500

The reason this is true is because the closing inventory was higher by 7% than the opening inventory which would have reduced the Cost of Goods sold leading to the Sales income getting a gain of that same 7%.

What effect do consumer expectations have on the demand for a good?

Answers

Answer:

A. They reduce the demand for products expected to become cheaper in the future.

Explanation:

Consumer expectations of what the price of a good would be in the future, can significantly determine the extent to which the demand of such good would be demanded.

Hypothetically, if consumers expect the price of electronics products to be cheaper by the end of this year, the current demand for electronics products would decrease for now, as consumers would rather hold on purchasing such products till end of the year, when the prices would be cheaper.

Therefore, the effect that consumer expectations have on the demand for a good is:

A. "They reduce the demand for products expected to become cheaper in the future."

they reduce demand for products expected to become cheaper in the future

Explanation:

a company that has been in business for 10 years is a

Answers

Answer:

is still considered a startup after 10 year of existance

Explanation:

Excel Online Structured Activity: Amortization schedule The data on a loan has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. Open spreadsheet a. Complete an amortization schedule for a $15,000 loan to be repaid in equal installments at the end of each of the next three years. The interest rate is 12% compounded annually. Round all answers to the nearest cent. Beginning Repayment Ending Year Balance Payment Interest of Principal Balance 1 $ $ $ $ $ 2 $ $ $ $ $ 3 $ $ $ $ $ b. What percentage of the payment represents interest and what percentage represents principal for each of the three years? Round all answers to two decimal places. % Interest % Principal Year 1: % % Year 2: % % Year 3: % %

Answers

Answer:

a. Ending balance in year 3 = $0

b.

            % Interest      % Principal

Year 1:      28.82%             71.18%

Year 2:     20.28%            79.72%

Year 3:      10.71%             89.29%

Explanation:

a. Complete an amortization schedule for a $15,000 loan to be repaid in equal installments at the end of each of the next three years. The interest rate is 12% compounded annually. Round all answers to the nearest cent.

Note: See part a of the attached excel file for the calculations.

In the excel function, the yearly payment is calculated by using PMT function in Excel: =PMT(12%,3,-15000,,)

b. What percentage of the payment represents interest and what percentage represents principal for each of the three years? Round all answers to two decimal places.

Note: See part b of the attached excel file for the calculations.

Which of the following equations represent the correct formula for computing a taxpayer’s taxable income? Check all that apply. Taxable income = Total income - Exclusions - Adjustments to income - Deductions - Exemptions Taxable income = Gross income - Adjustments to income - Deductions - Exemptions Taxable income = Adjusted gross income - (Deductions + Exemptions) Taxable income = Total income - Exclusions Taxable income = Adjusted gross income - Tax credits Taxable income = Total income + Deductions and Exemptions Taxable income = Gross income - Adjustments Taxable income = Gross income - Exclusions

Answers

Answer:

The correct equations which represent the correct formular for computing a taxpayer's taxable income include the following:

1. Taxable income = Total income - Exclusions - Adjustments to income - Deductions - Exemptions  

2. Taxable income = Adjusted gross income - (Deductions + Exemptions)

3. Taxable income = Gross income - Exclusions

4. Taxable income = Adjusted gross income - Tax credits

Explanation:

The above formular's are the various equations for calculating or computing the taxpayer's taxable income.

The equations that represent the correct formula for computing a taxpayer’s taxable income include the following:

A. Taxable income = Total income - Exclusions - Adjustments to income - Deductions - Exemptions.

B. Taxable income = Gross income - Adjustments to income - Deductions - Exemptions.

C. Taxable income = Adjusted gross income - (Deductions + Exemptions).

Taxation refers to an involuntary and compulsory fee that are usually levied on individuals or business firms (entities) by the government, in order to generate revenues which are used in funding public institutions and activities.

Taxable income can be defined as an individual or a business firm's earnings (amount of income) that is used by federal or state authorities, as a base to determine the tax to be levied on them.

In conclusion, the equations that represent the correct formula for computing a taxpayer’s taxable income include the following:

[tex]Taxable\; income = Total \;income - Exclusions - Adjustments \;to\; income - Deductions - Exemptions[/tex]

[tex]Taxable\; income = Gross\; income - Adjustments\; to\; income - Deductions - Exemptions[/tex]

[tex]Taxable\; income = Adjusted \;gross\; income - (Deductions + Exemptions)[/tex]

Read more: https://brainly.com/question/7633204

7. What is supply and demand? Give me an example of a supply and demand currently?

Answers

Answer:

Supplier sells the goods at various prices, depending on how much consumers want it, and at the rate that the goods are being sold.

For example, now, during the pandemic,  face masks are now in very very high demand. Due to this, suppliers has now increased the price of the face masks, as to take advantage of the current situation

The following December 31, 2021, fiscal year-end account balance information is available for the Stonebridge Corporation:
Cash and cash equivalents Accounts receivable (net) Inventory Property, plant, and equipment (net) Accounts payable Salaries payable Paid-in capital $ 5,400 24,000 64,000 140,000 43,000 15,000 120,000
The only asset not listed is short-term investments. The only liabilities not listed are $34,000 notes payable due in two years and related accrued interest of $1,000 due in four months. The current ratio at year-end is 1.7.1.
Required: Determine the following at December 31, 2021:
1. Total current assets
2. Short-term investments
3. Retained earnings

Answers

Answer:

1. Given Current Ratio = 1.7:1

Current assets / Current Liability = 1.7/1

Current assets = 1.7 * Current liability

Current liabilities = Account payable + Salaries payable + Accured interest

Current liabilities = $43,000 + $15,000 + $1,000

Total Current liabilities = $59,000

Therefore, Current assets = 1.7 * $59,000

Total Current assets = $100,300

2. Current assets = Cash and Cash equivalent + Account receivables + Inventory + Short term investment

$100,300 = $5,400 + $24,000 + $64,000 + Short term investment

Short term investment = $100,300 - $5,400 - $24,000 - $64,000

Short term investment = $6,900

3. Assets = Liabilities + Capital

Current assets + Non-Current assets = Current liabilities + Long term liabilities + Paid in capital + Retained earnings

$100,300 + $140,000 = $59,000 + $120,000 + Retained earnings

$240,300 = $213,000 + Retained earnings

Retained earnings = $27,300

PLEASE HELP............

Answers

I would say D all of the above

Lock Company purchased $100,000, 10%, 5-year bonds on January 1, 20x1, with interest payable on July 1 and January 1. The effective interest rate for these bonds was 8.5%. The market value on December 31, 20x1 was $104,400 and all bonds were sold for 103 on January 2, 20x2. Lock is a calendar-year corporation and use the effective interest method for amortization of premium or discount.
Required:
Prepare journal entries on January 1, 20x1, July 1, 20x1, December 31, 20x1 and January 1, 20x2 assuming the bond investment is classified as available-for-sale security.Assuming the bond investment is classified as available for sale security.

Answers

Answer:

Explanation:

see attached file.

Partial adjusted trial balance for Sheffield Corp. at December 31, 2017, includes the following accounts: Retained Earnings $17,000, Dividends $6,700, Service Revenue $36,300, Salaries and Wages Expense $14,000, Insurance Expense $1,880, Rent Expense $4,080, Supplies Expense $1,440, and Depreciation Expense $900. The balance in Retained Earnings is the balance as of January 1. Prepare a retained earnings statement for the year assuming net income is $10,400.

Answers

Answer:

Sheffield Corp

Retained Earnings Statement for the year ended December 31, 2017:

Net Income                                       $10,400

Retained Earnings, January 1            17,000

Dividends                                           (6,700)

Retained Earnings, December 31 $20,700

Explanation:

Sheffield's statement of retained earnings shows the net income after tax, which is added to the Retained Earnings at the beginning of the period.  Then the dividends paid are deducted to arrive at the Retained Earnings at the end of the period.  The statement shows the distribution of net income to stockholders.

Imagine you are in the process of buying a new car. Give at least two examples of both qualitative and quantitative data that you would consider in your purchase decision. Explain and defend your choices. Provide at least one academic source other than our course textbooks to support your position and format the document per the CSU Global Writing Center (Links to an external site.). Use the CSU Global Library to find your other source.

Answers

Answer with Explanation:

Qualitative attributes would be the Quality of steel used, interior and exterior design of the car, additional features that it offers, etc.

These attributes are qualitative characteristics of cars because they give us feeling of superiority over other similar items. Hence the strength of steel used clearly reflects the strength of car, interior design gives comfort, exterior design increases sense of superiority, additional features that the car offers will give upperhand over other cars.

All these features of car are qualitative because these can not be measured in numbers. On the other hand, Quantitative attributes includes price of spare parts, car and mileage per litre.

Quantitative attributes are reflected in numbers and thus are more desicive in nature.

"The Federal Reserve raises the reserve requirement from 7 percent to 8 percent. Consequently banks must set aside more money and consequently have less money to lend. The result is that the banks will raise the interest rate they charge to their customers. These conditions make it harder and more expensive for people and businesses to borrow money. Because they can’t borrow as much, they can’t spend as much. If people aren’t spending as much, prices don’t go up. With this action, the Fed has lessened the likelihood of ________."

Answers

Answer: a. Inflation

Explanation:

Inflation refers to the general rise in prices of items in an economy in a certain period of time. Inflation essentially erodes the value of the domestic currency of the economy in question.

Central Banks like the Fed can use Monetary policy to influence inflation. In this case they reduced the amount of money in the economy by reducing bank loans. This will ensure that people cannot spend too much which would increase demand and therefore increase prices.

By doing this, they have limited the likelihood of inflation.

Simpkins Corporation does not pay any dividends because it is expanding rapidly and needs to retain all of its earnings. However, investors expect Simpkins to begin paying dividends, with the first dividend of $0.75 coming 3 years from today. The dividend should grow rapidly - at a rate of 70% per year - during Years 4 and 5. After Year 5, the company should grow at a constant rate of 6% per year. If the required return on the stock is 13%, what is the value of the stock today (assume the market is in equilibrium with the required return equal to the expected return)

Answers

Answer:

The current value of stock is $20.40

Explanation:

D3 = $0.75

The Growth rate for Year 4 & Year 5 is 70%. The experience after was constant growth rate (g) of 6%

D4 = $0.75 * 1.70 = $1.28

D5 = $1.28 * 1.70 = $2.18

D6 = $2.18 * 1.06 = $2.31

To get the Value of stock, r = 16%

P5 = D6 / (r - g)

P5 = $2.31 / (0.13 - 0.06)

P5 = $2.31 / 0.07

P5 = $33

P0 = $0.75/1.13^3 + $1.28/1.13^4 + $2.18/1.13^5 + $33/1.13^5

P0 = $0.75/1.4429 + $1.28/1.6305 + $2.18/1.8424 + $33/1.8424

P0 = $0.5198 + $0.7850 + $1.1832 + $17.9114

P0 = $20.3994

P0 = $20.40

So, current value of stock is $20.40

The following cost data pertain to the operations of Star Wars Department Stores, Inc., for the month of September. Corporate headquarters building lease $ 86,000 Cosmetics Department sales commissions--Stardust Store $ 5,300 Corporate legal office salaries $ 57,300 Store manager's salary - Stardust Store $ 11,700 Heating- Stardust Store $ 14,400 Cosmetics Department cost of sales--Stardust Store $ 32,400 Central warehouse lease cost $ 13,900 Store security -- Stardust Store $ 16,300 Cosmetics Department manager's salary--Stardust Store $ 4,260 The Stardust Store is just one of many stores owned and operated by the company. The Cosmetics Department is one of many departments at the Stardust Store. The central warehouse serves all of the company's stores. What is the total amount of the costs listed above that are direct costs of the Cosmetics Department

Answers

Answer: $41,960‬

Explanation:

The direct costs for the Cosmetics department will be those ones that are directly related to the sales of cosmetics and the running of the department and the cost of selling the units.

Direct Costs = Cosmetics Department sales commissions--Stardust Store + Cosmetics Department cost of sales--Stardust Store + Cosmetics Department manager's salary--Stardust Store

= 5,300 + 32,400 + 4,260

= $41,960‬

Peter Heating/Cooling installs and services commercial heating and cooling systems. Peter uses job costing to calculate the cost of its jobs. Overhead is allocated to each job based on the number of direct labor hours spent on that job. Peter estimated that its overhead for the coming year would be $63,750. It also anticipated using 4,250 direct labor hours for the year.What is the predetermined overhead rate based on direct labor hours?

Answers

Answer:

Overhead rate = $15 per direct labor hour

Explanation:

given data

overhead for the coming year = $63,750

direct labor hours = 4,250

solution

we get here Estimated manufacturing overhead rate that is express as

Overhead rate = total estimated overhead costs for the period ÷  total amount of allocation base    .....................1

put here value

Overhead rate = [tex]\frac{63750}{4250}[/tex]    

Overhead rate = $15 per direct labor hour

When making a decision about housing, the first step should be

visiting different housing locations.
gathering information on available housing.
analyzing the availability of housing loans.
comparing the cost of housing alternatives.

Answers

Answer:

B: gathering information on available housing

Explanation:

did the quiz :)

The first step is gathering information on available housing when making a decision about housing.

What is decision making process?

Decision making process is how an individual or organizations consider various alternative solutions before deciding on the best option that suit the problem at hand.

Steps in decision making includes:

Gathering informationAssessing alternative resolutionImplement the decision takenEvaluate the decision taken

Hence, the first step is gathering information on available housing when making a decision about housing.

Learn more about decision making process here : https://brainly.com/question/1249089

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A publisher for a promising new novel figures fixed costs​ (overhead, advances,​ promotion, copy​ editing, typesetting, and so​ on) at ​$​, and variable costs​ (printing, paper,​ binding, shipping) at ​$ for each book produced. With this​ pricing, books need to be produced and sold at each for the publisher to break even. ​ However, rising prices for paper require an increase in variable costs to ​$ for each book produced. Use this information to complete parts a. through c. a. What strategies might the company use to deal with this increase in​ costs? Choose all that are reasonable. A. Find different suppliers to try and lower the variable costs. This is the correct answer.B. Decrease the fixed costs. Your answer is not correct.C. Increase the font size of the print in the book. Your answer is not correct.D. Increase the selling price of the book. Your answer is correct. b. If the company continues to sell books at ​$​, how many books must they now sell to make a​ profit? The publisher must produce and sell at least 4473 books to make a profit. ​(Round up to the nearest whole​ book.)

Answers

Answer:

a. What strategies might the company use to deal with this increase in​ costs?

A. Find different suppliers to try and lower the variable costs.

D. Increase the selling price of the book.

b. If the company continues to sell books at ​$​, how many books must they now sell to make a​ profit?

The publisher must produce and sell at least 4473 (Approx. 4000 books) books to make a profit. ​

Explanation:

Are leadership and management the same thing?

Can you be one without the other?

What are the similarities and differences?

Can someone please help me right a 3 sentence paragraph for each question pleaseeeee

Answers

No I think that in order to be a management you have to be a leader. If your a manager then your leading your employees if your not a leader you can’t properly do the manager job.

Lorenzo Company applies overhead to jobs on the basis of direct materials cost. At year-end, the Work in Process Inventory account shows the following. Work in Process Inventory Date Explanation Debit Credit Balance Dec. 31 Direct materials cost 1,800,000 1,800,000 31 Direct labor cost 200,000 2,000,000 31 Overhead applied 846,000 2,846,000 31 To finished goods 2,757,000 89,000 1. Determine the predetermined overhead rate used (based on direct materials cost). 2. Only one job remained in work in process inventory at December 31. Its direct materials cost is $32,000. How much direct labor cost and overhead cost are assigned to this job

Answers

Answer and Explanation:

1. The computation of the predetermined overhead rate is shown below:

= Overhead applied ÷ direct material cost

= $846,000 ÷ $1,800,000

= 47%

2. The direct labor and overhead cost assigned to the job is shown below:

Total cost $89,000

Less: direct material cost $32,000

Less: overhead cost  $15,040 ($32,000 × 0.47)

Direct labor cost $41,960

Mr. A, a cash-basis taxpayer, sold his business in the current year for $120,000. The contract allocated $40,000 to inventory and $80,000 to real property. The book value of the inventory was $38,000. The real property had a cost of $40,000 and depreciation claimed on a straight-line basis was $20,000. In the current year, Mr. A received a down payment of $60,000 of which $40,000 was payment for the inventory. Mr. A had no other Sec. 1231 transactions. What is the amount and nature of the gain that Mr. A should report in the current year using the installment method?

Answers

Answer:

$2,000 ordinary gain and $15,000 long term capital gains

Explanation:

Under the installment method, the taxpayer will recognize gains based on the installments that they actually receive, not the whole contract. This method is generally used for real estate transactions that involve installments payments during several years.

In this case, Mr A received $60,000:

$40,000 for inventory, so gain = $40,000 - $38,000 = $2,000 ordinary gain

$20,000 for real property (25% of transaction price) = $20,000 x [($40,000 - $20,000) x 25%] = $20,000 - $5,000 = $15,000 long term capital gains

Sylvia Taylor stresses that a _______, which is a written statement of all the things a worker actually does and how he or she does them, is essential in helping workers understand what their job entails and how they can have the most impact on their performanceSylvia Taylor stresses that a _______, which is a written statement of all the things a worker actually does and how he or she does them, is essential in helping workers understand what their job entails and how they can have the most impact on their performance

Answers

Answer:

Job description

Explanation:

A job description is defined as a written document that enumerates the duties that is expected from someone occupying a particular position.

Job description gives an employee a guide on how to effectively meet up with performance requirements in a position, since all key performance activities are enumerated.

Skills needed to succeed on the job can also be communicated in the job description.

In this scenario where Sylvia is referring to a statement of all the things a worker actually does and how he or she does them, is essential in helping workers understand what their job entails and how they can have the most impact on their performance. She is describing a job description.

Olivet, Inc. has the following transactions during the month of May: May 1st: Prepaid three months of rent for $6,000, covering May through July. May 5th: Collected $56,000 payment in advance for work to be performed. $20,000 is performed in May and the rest in June. May 18th: Performed $7,500 of services, receiving $1,800 now and billing client for remainder. May 25th: Received $800 from client billed on May 18th. May 30th: Received utility bill for May of $4,000; will pay in June. What amount of net income would Olivet record for May under the accrual basis of accounting

Answers

Answer:

Olivet, Inc.

Net income = $21,500

Explanation:

a) Data and Calculations:

Rent expense = $2,000 ($6,000/3)

Service Revenue:

Advance receipt =         $20,000

On account May 18th        7,500

Total Service Revenue $27,500

Utility expense = $4,000

b) Olivert, Inc. Income Statement for the month of May:

Service Revenue $27,500

Less Expenses:

Rent        $2,000

Utility         4,000    6,000

Net Income         $21,500

b) Olivert's net income of $21,500 represents the difference between the service revenue of $27,500 for the month of May and the expenses totaling $6,000.

Assume that the corporate tax rate is 34% and the personal tax rate is 32%. The founders of a newly formed business are debating between setting up the firm as a partnership versus a corporation. The firm will not need to retain any earnings, so all of its after-tax income will be paid out to its investors, who will have to pay personal taxes on whatever they receive. What is the difference in the percentage of the firm's pre-tax income that investors actually receive and can spend under the corporate and partnership forms of organization? Group of answer choices 23.12% 24.74% 19.88% 22.20% 25.43%

Answers

Answer:

23.12%

Explanation:

Calculation for the difference in the percentage of the firm's pre-tax income

First step is to multiply the difference between the two tax rate using this formula

Tax rate difference = (1 - Corporate tax rate)*(1 - Personal tax rate)

Tax rate difference= (1 - 34%)*(1 - 32%)

Tax rate difference=0.66*0.68

Tax rate difference= 0.4488*100

Tax rate difference=44.88%

Second step is to find the difference in the percentage of the firm's pre-tax income

Percentage of Pre-tax income difference =(1 - Personal tax rate)-Tax rate difference

Let plug in the formula

Percentage of Pre-tax income difference =(1 - 32%) - 44.88%

Percentage of Pre-tax income difference=0.68-0.4488

Percentage of Pre-tax income difference=0.2312*100

Percentage of Pre-tax income difference=23.12%

Therefore the difference in the percentage of the firm's pre-tax income will be 23.12%

The Hawthorne Works was a large Western Electric factory with 45,000 employees. During the 1920s and 1930s, Hawthorne Works was the site of some well-known industrial studies. In one of the studies, researchers investigated the impact of different working conditions on worker productivity. Prior to the start of the study, researchers secretly measured workers’ productivity for several weeks. Then researchers chose two workers, who then chose their own teams. The teams were separated from the general workforce and completed their work in different experiment rooms where the researchers could observe them more easily. Over a 5-year period researchers manipulated the structure of the workday for each team (number and duration of breaks and number of hours per shift). For each of these changes in working conditions, the researchers measured the effect on productivity. For some conditions, such as frequent short breaks, workers rebelled by intentionally decreasing productivity. Why did the researchers secretly measure the workers’ productivity before creating the two treatment groups?

Answers

Answer:

likely to determine their original behavioural condition

Explanation:

Remember, the main goal of the Hawthorne studies was to investigate the impact of different working conditions on worker productivity. Thus, in other to effectively measure any change in worker productivity, they needed to know the initial or original productivity of the workers.

For example, they observed to see the productivity of workers in poor and good lighting condition.

"I want to expand our social media presence, engaging our customers on their preferred platforms in a cost-effective manner. If I use a rational decision-making process, what can I expect the outcome to be?" "The chances are high that your decision will be biased, especially because the current problem is complex and past patterns will be an inaccurate guide." "Your decision will be based primarily on your preconceptions about social media, what you learn about social media as you begin your research, and Mi Ola’s past experiences engaging with customers online." "You will rate all alternatives against known criteria and choose the course of action that will maximize return to the organization." "You will make a decision that is about 80 percent accurate, which is good enough to meet your objectives given the time and information at your disposal."

Answers

Answer:

"You will rate all alternatives against known criteria and choose the course of action that will maximize return to the organization."

Explanation:

Remember, a rational decision-making process is one that is not based on emotions but on carefully considering the facts. In other words, it involves forming conclusions based on examined evidence, even if they go against our initially perceived outcome.

Therefore, in this case, you will rate all alternatives against known criteria and choose the course of action that will maximize return to the organization.

Actual demand for a product for the past three months was: Three months ago400 units Two months ago350 units Last month325 units a. Using a simple three-month moving average, make a forecast for this month. (Round your answer to the nearest whole number.) Forecast for this month 358 correct units b. If 300 units were actually demanded this month, what would your forecast be for next month, again using a 3-month moving average

Answers

Answer:

a. Forecast is 358

b. Forecast is 325

Explanation:

a. Simple moving average is calculated as ;

= (N1 + N2 + N3) / N

Where N1 , N2, N3 are prices of instruments, while N is total period or time

Since

N1 = 400

N2 = 350

N3 = 325

Total periods = 3

Therefore,

Simple moving average = (400 + 350 + 325) / 3

= 1,075 / 3

= 358.333

We can forecast demand to be 358 using the simple moving average

b. If 300 units were actually demanded for this month, then;

Simple three moving average would be

N1 = 350

N2 = 325

N3 = 300

Total periods = 3

Since simple moving average = (N1 + N2 + N3) /3

= (350 + 325 + 300) / 3

= 975 / 3

= 325.

We can forecast the demand to be 325 this month , using a simple moving average.

Warren and Liza were drafting the partnership agreement for their new home design and construction company.
Select the item below that
A) Warren and Liza should include in their partnership agreement.
B) Short- and long-term sales forecasts
C) Rights of the stockholders of the business
D) The amount of money each partner invests
E) Formal code of conduct for employees

Answers

Answer:

Since Warren and Liza were drafting their patnership agreement for their new home design and construction company, they should include the following:

B) Short- and long-term sales forecasts

C) Rights of the stockholders of the business

D) The amount of money each partner invests

Explanation:

Inclusion of the following above will help in the clarification of the information of what their individual stakes were in the company and what rights and privileges each of them has as a partner in the company that was to be established.

The items mentioned below were the requisites of the new partnership agreement that was drafted by Warren and Liza.

B) Short- and long-term sales forecasts  

C) Rights of the stockholders of the business  

D) The amount of money each partner invests.

The partnership agreement is termed as the document that is outlined and framed by the legal members of the company. The members of the company agree upon the terms and the conditions mentioned in the agreement.  

It is structured as a legal document that contains all the obligations in regard to the duties, responsibilities, and authorities of the partnerships and their accountability towards the growth and the survival of the company in the market.  

Therefore the correct options are B, C, D.  

To know more about the partnership agreement, refer to the link below:

https://brainly.com/question/6346527

Use the following information about Can Corporation for 2017. Accounts payable increase $10,000 Accounts receivable increase 5,000 Accrued liabilities decrease 4,000 Amortization expense .. 7,000 Cash paid as dividends ... 30,000 Cash paid to purchase land 85,000 Cash paid to retire bonds payable at par . 55,000 Cash received from issuance of common stock . 40,000 Cash received from sale of equipment . 20,000 Depreciation expense . 30,000 Gain on sale of equipment . 5,000 Inventory decrease .. 12,000 Net income 75,000 Prepaid expenses increase 1,000 What is the net cash flow from investing activities

Answers

Answer:

Can Corporation

The net cash flow from investing activities:

= ($65,000)

Explanation:

a) Investing activities:

Cash paid to purchase land                  (85,000)

Cash received from sale of equipment 20,000

Net cash from investing activities       ($65,000)

b) Only two activities are involved in this example concerning investments.  The net cash from investing activities shows a negative balance of $65,000, which is an application of funds.  This indicates that more cash was spent on investing activities than was received from the same sources.

The Plastic Flowerpots Company has two manufacturing departments, molding and packaging. At the beginning of the month, the molding department has 2,000 units in inventory, 70% complete as to materials. During the month, the molding department started 18,000 units. At the end of the month, the molding department had 3,000 units in ending inventory, 80% complete as to materials. Units completed in the molding department are transferred into the packaging department. Cost information for the molding department for the month follows:
Beginning work in process inventory (direct materials)​ $1,200
Direct materials added during the month​ $27,900
Using the weighted-average method, compute the molding department’s (a) equivalent units of production for materials and (b) cost per equivalent unit of production for materials for the month.
Direct Materials
A) Equivalent units of production
B) Cost per equivalent unit of production

Answers

Answer:

The Plastic Flowerpots Company

A) Equivalent units of production:

Started and completed = 17,600

Ending WIP =                     2,400

Total equivalent units = 20,000

B) Cost per equivalent unit of production:

Cost per equivalent unit = $27,900/20,000

= $1.40

Explanation:

a) Data:

Molding department:

Units started  = 18,000

Ending WIP = 3,000

Degree of completion = 80% for WIP

Cost:

Beginning WIP: Direct materials $1,200

Direct materials during the month = $27,900

a) Equivalent units of production for materials:

Beginning WIP = 2,000

Started               18,000

Ending WIP        (2,400) (80% of 3,000)

Completed        17,600

Started and completed = 17,600

Ending WIP =                     2,400

Total equivalent units = 20,000

b) Cost per equivalent unit of production for materials:

Cost of materials $27,900

Equivalent units = 20,000

Cost per equivalent unit = $27,900/20,000

= $1.395

= $1.40

Other Questions
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