A costing system is designed to monitor a business's expenses. The system consists of many forms, processes, checks, and reports that are designed to collect and present management with financial data.
Explain about the costing system?Any system for allocating expenses to a business component is known as costing. Costing is frequently used to establish expenses for customers, distribution channels, personnel, regions, goods, product lines, processes, subsidiaries, and whole businesses.
Process costing, job costing, direct costing, and throughput costing are the primary costing techniques accessible. Each of these approaches can be used in various production and decision-making situations.
Costing is necessary to make sure that all costs are met and that the group decides on a price that will result in a profit. Finding ALL of a company's costs, including manufacturing, sales, administration, overhead, etc., is the first and most crucial stage. Following that, costs are separated into fixed and variable costs.
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paul was angry at his supervisor because his supervisor had refused to grant him a raise. as a consequence, paul started working at a slower pace and taking unofficial breaks during work. in the context of workplace deviance, this is an example of .
Paul was upset with his boss since the latter had declined to give him a raise. Paul consequently began working more slowly and taking unscheduled pauses throughout the day. This is an illustration of production deviance in the context of workplace deviance.
"Behavior that breaches formally specified organizational norms with respect to the minimal quality and amount of labor to be generated as part of one's employment" is how production deviance is defined.
Resource waste is the most common form of production diversion. Production deviance is defined as behavior that formally violates organizational policies about the minimum level of quality and quantity of work that must be produced during the course of employment.
Deviant behaviors at work are activities taken with the intent to hurt, irritate, or punish the employer or other employees. Deviant behavior can include infractions as little as working more slowly on purpose to significant offenses like sabotage of work.
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emerald company is preparing a statement of stockholders' equity for 2023. on january 1, 2023, emerald started the year with a $400,000 credit balance in its retained earnings account. during 2023, the company earned net income of $280,000. emerald declared dividends of $160,000 and paid $100,000 of those dividends. also, the company received cash of $200,000 for additional shares of common stock issued and then paid $60,000 to repurchase shares of common stock. what is the balance in retained earnings on december 31, 2023?
The balance in the retained earnings account on December 31, 2023, for Emerald Company is $520,000.
What is the retained earnings account?The retained earnings account is the general ledger account where the transactions about the retained earnings are summarized.
Retained earnings are the years' accumulated profits not distributed as dividends to stockholders.
To compute the retained earnings ending balance, add the net income or loss to the beginning balance, and subtract the declared dividends.
Retained Earnings:Beginning balance $400,000
Net income $280,000
Declared dividend ($160,000)
Ending balance = $520,000
Thus, Emerald Company has retained earnings of $520,000 on December 31, 2023.
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lourdes corporation's 11% coupon rate, semiannual payment, $1,000 par value bonds, which mature in 15 years, are callable 4 years from today at $1,050. they sell at a price of $1,190.03, and the yield curve is flat. assume that interest rates are expected to remain at their current level. what is the best estimate of these bonds' remaining life? round your answer to the nearest whole number.
The remaining life of the bond is 4 years and the YTM is 8.70%
Par value of the bond = $1000
In a bond, the owner of the bond loans money to a business or the government. Up to a certain future date, when they return the principal amount of the loan, the borrower pays recurring interest payments.
The total sum that the bond issuer returns to the bondholder is known as the "principal," and the interest is represented by a series of payments known as the "coupon."
Selling price = $1190.03
Callable price = $1050
N = 15 years
Interest rate = 11%
Semi payment = Interest rate*Par value*Time in years
= 11%*1000*0.5 = $55
Since those bonds are expected to be called in 4 years, the remaining life of the bond is 4 years
Calculating the yield to maturity:
Future value (FV) = 1000
Present value (PV) = -1190.03
N = 15*2 = 30
PMT = $55
Yield to maturity = [Annual Interest + {(FV-Price)/Maturity}] / [(FV+Price)/2]
= {0.11 + {1000 - 1190.03}/1050}/{(1000 + 1190.03)/2}
So, Yield to maturity = 8.70%
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In order for the people to take a fresh look at its brand, the american red cross used a ________ strategy.
Brand revitalization strategy.
The unique impact that brand awareness has on how customers react to goods and services. The degree to which consumers are willing to pay more for the brand is a measure of brand equity. A valuable asset are brands with high brand equity.
Which assertion about brand loyalty is accurate?Consumers' unshakable attachment to a brand, demonstrated by their repeated purchases, is referred to as brand loyalty.The unique impact that brand awareness has on how customers react to goods and services. Brand equity is measured by the level of. A valuable asset are brands with high brand equity.Strong brand identity, brand image, brand culture, and brand personality are necessary for a strong brand. The development of all four of these elements as part of an effective brand strategy boosts brand awareness, loyalty, and trust.Brand socializing is a metric used to assess how well a business interacted with its many online stakeholders in a fruitful informational exchange.To learn more about Brand loyalty refer to:
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david is paid on a graduated commission scale at nooter company. he receives 2% commission on the first $20,000, 6% on sales over $20,000 to $70,000, 8.5% commission on sales over $70,000 to $100,000, and 10% commission on sales over $100,000. david had sales of $82,000. his commission is:
The total commission earned by David is equal to $4420.
Commission may be defined as the amount which is received by an individual as the reward of him selling a particular product. It is received in addition to the fixed salary or amount he will be receiving by the company. According to question the commissions earned by David is equal to 2%, 6%, 8.5% and 10% on $20000, $70000 and $100000 and more respectively. Commission is calculated by multiplying the percent with the base amount. Since, his total sales is of $82000. So, he will receive commissions of 2%, 6% and 8.5%. Now, the net amounts are given as 2% of $20000, 6% of $50000 and 8.5% of $12000.
Net amount = $400 + $3000 + $1020
Net amount = $4420 which is the total commission.
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average total cost is increasing whenever a. marginal cost is less than average total cost. b. marginal cost is greater than average total cost. c. marginal cost is increasing. d. total cost is increasing
Average total cost is increasing whenever Marginal cost is greater than average total cost.
The AVC (average variable cost), ATC (average total cost), and MC (marginal cost) all rise in tandem with an increase in the price of the variable input. The relative position and shape of the curves remain unchanged. Only the ATC moves up when the price of the fixed input goes up.Typically, they have a U form. The connection between the ATC and the MC, ATC is dropping whenever MC is less than ATC. ATC is rising whenever MC exceeds ATC.Every time the MC rises, the ATC also does. Models of the VC curve depict it as a horizontal line. MC stands for the variation in total cost related to the manufacturing of another unit TC = FC + VC + MC.Thus the correct option is B.
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victoria would like to segment website sessions by what media the sessions came from to help her manager show the influence of media on website sessions. what dimension should she use?
In a situation where Victoria would like to segment website sessions by what media the sessions came from to help her manager show the influence of media on website sessions, she should use channel group dimensions to show the same.
What is the significance of website sessions?Website sessions can be referred to or considered as the sessions that define the logged-in activity of one computer network during a particular time based on the time it has remained active on a particular website.
It is helpful in showcasing the use-cases of different forms of media in the influence of an activity on the particular website taken into consideration for the purpose of channel group dimensions and studies that revolve around them.
Therefore, the significance regarding website sessions has been aforementioned.
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demmert manufacturing incurred the following expenditures during the current fiscal year: annual maintenance on its equipment, $5,500; remodeling of offices, $22,100; rearrangement of the shipping and receiving area resulting in an increase in productivity, $35,100; addition of a security system to the manufacturing facility, $25,100. how should demmert account for each of these expenditures?
During a specific accounting period, a corporation keeps track of its daily spending in expense accounts.
These accounts are formed for each new period after existing for a predetermined amount of time, such as a month, quarter, or year.
The account for each of the expenditures will be as follows -
Annual maintenance on its equipment = $5,500 - Expensed ( This is a normal maintenance bill on equipment and can be entirely expensed in the year it occurs.)
Remodelling of offices = $22,100 - Capitalised and depreciated - ( This is a part of the transformation process and should be capitalised and depreciated accordingly.)
Rearrangement of the shipping and receiving area = $35,100 - Capitalised and depreciated (Since this is a rearrangement, it will increase efficiency, it should be capitalised and depreciated.)
Addition of a security system = $25,100 - Capitalised and depreciated ( Since this is an addition of an asset, it should be capitalised and depreciated.)
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how do self-employed independent contractors deduct their business expenses? multiple choice question. for agi against all forms of income from agi against business income from agi against all forms of income for agi against business income
You can deduct business expenses as an independent contractor to lower your overall tax burden.
Self-employed people can deduct their business costs on Schedule C while still taking the standard deduction on Form 1040. By subtracting from their taxable income a standard amount determined by the IRS, taxpayers can use the standard deduction to reduce their tax liability.
You must discover a means to spark interest in your goods or services if you own a small business. That implies you'll likely need to publicise your business in some way unless you already have a sizable clientele or customer base.
You must have pass-through income to be qualified for the write-off, which essentially rules out C-Corporations. Additionally, there is a limit on the amount of income you can deduct, and if you go over it, the size of your deduction is determined by the kind of business you run.
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the use of accounting information as a tool to communicate without providing any influence that would sway a decision in a particular direction that would favor a particular interest group is known as
Neutrality refers to the use of accounting information as a medium for communication without giving any influence that would push a decision in a specific manner that would favour a particular interest group.
Accounting:
Accounting is the measurement, processing, and exchange of financial and non-financial information regarding economic entities such as enterprises and corporations. Accounting, also known as the "language of business," measures and communicates the outcomes of an organization's economic operations to a wide range of stakeholders, including investors, creditors, managers, and regulators. Accountants are those who practise accounting. The terms "accounting" and "financial reporting" are sometimes used interchangeably.
Neutrality is another aspect of faithful portrayal. This is when accounting information can be used to communicate without offering any influence that could bias a decision in a specific manner that would benefit a specific interest group.
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which of the following is true of organizations that practice a performance-driven approach? question 24 options: employee rewards vary significantly from person to person and are not based on individual performance. performance appraisal activities are not valued by managers and employees and are often viewed as a bureaucratic exercise. employee rewards are standardized irrespective of job duties. performance evaluations link results to employee compensation and development.
A true statement on the organizations that practice a performance-driven approach is that performance evaluations link results to employee compensation and development.
What is the performance driven-approach?The performance driven approach refers to an approach that some companies use where employees are rewarded based on how much work they put into the company in a certain period, or how much activity can be traced to them.
The performance-driven approach is used by companies that prioritize the production of goods and services in higher quantities so that they can be able to sell more of their goods or service. The way that the performance of an employee is linked to them is through performance evaluations. Based on the result of these evaluations, employee compensation and their development and promotion in the company is determined.
In conclusion, the performance driven approach, relies on performance evaluations.
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Some students cheat because they are not prepared for the test or assignment.
a. True
b. False
Answer:
A:True
Explanation:
Don't call me out like that
miss take, the bookkeeper, forgot to record the adjusting entry for revenues earned during the period, but not yet collected. what is the effect of this error on the accounting equation?
Assets, net income, and owners' equity are all understated. Let's have a better understanding of what would have happened if this submission had been reserved. Both the net income and the accounts receivable would rise. However, since no entry was passed, the net come and existing assets were overstated.
Adjusting entries are journal entries made at the conclusion of a period to correct accounts before the financial statements are prepared. They are also known as adjusting journal entries. The accounting cycle's fourth step is this one. To match revenue and costs in the period, adjusting entries are most frequently employed in accordance with the matching concept.
Adjusting entries are journal entries made at the conclusion of a period to correct accounts before the financial statements are prepared. They are also known as adjusting journal entries. The accounting cycle's fourth step is this one.
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james, age 8, understands that a dollar changed into 4 quarters is still a dollar. this means that james has achieved the cognitive milestone of .
That james has achieved the cognitive milestone of reversibility.
The ability of a sensor to recover, or return to its original background/baseline condition, after exposure to an analyte is referred to as reversibility.
What is reversibility ?A mental process that reverses a series of events or returns a changed state of affairs to its original state. The ability to recognise that a glass of milk poured into a bottle can be poured back into the glass and remain unchanged exemplifies it.
The third stage in Piaget's theory of cognitive development is known as the Concrete Operational stage. The child's use of logical thinking increases during this stage, which lasts from 7 to 12 years. One of the critical processes that emerges is reversibility, which refers to the ability to recognise that numbers or objects can be changed and returned to their original state.
Cognitive development refers to how children think, explore, and solve problems. It is the development of knowledge, skills, problem solving, and dispositions that enables children to think about and comprehend their surroundings. Cognitive development includes brain development.
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on january 1, 2024, the holloran corporation purchased a machine at a cost of $55,000. the machine was expected to have a service life of 10 years and a $5,000 residual value. the straight-line depreciation method was used. in 2026, the company switched to the double-declining-balance depreciation method. depreciation for 2026 should be:
Annual straight-line depreciation 5000 =(55000-5000)/10
Accumulated Depreciation for 2 years 10000 =5000*2
Book value, January 1, 2026 45000 =55000-10000
Double-declining-balance depreciation date 25% =1/8*2
Depreciation for 2026 11250 45000*25%
Depreciation for 2026 is $ 11250
The reason for depreciation is to fit the value of a productive asset, that has a beneficial life of extra than a yr, to the revenues earned with the aid of the usage of the asset. The asset's value is normally spread through the years in which the asset is used.
Depreciation price is recorded on the profits announcement as a rate and represents how much of an asset's fee has been used up for that yr. As a result, it's miles neither an asset nor a liability.
No, we can not have a capital loss on depreciable belongings. A “Capital loss” happens when a non-depreciable asset (including land) is offered for much less than its original price. However you cannot have a Capital Loss on “depreciable property”, i.E. Objects whose cost declines over time which include motors, homes, homes, and many others.
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multiple choice purchasing competitively weak businesses or businesses in unattractive industries. restructuring underperforming acquisitions. providing high-level oversight and making available other corporate resources. investing in ways to strengthen or grow existing businesses.
Investing in strategies to expand or strengthen current enterprises.When allocating resources and money to a corporation’s many companies, industry attractiveness and business strength metrics are both used.
Nine-cell matrix is a strategic framework that offers a systematic method used by multi-enterprise firms to establish the order of priority for their investments among the many business units. Accordingly, it provides strategic implications of an investment by assessing business portfolios, which are mostly focused on business strength and market attractiveness.
Additionally, the nine-cell industry attractiveness competitive strength matrix is a strategy framework used by people or managers to help them choose which companies should be given low, average, and high priorities when allocating corporate resources.
A multifaceted corporation owns or operates in a variety of unrelated sectors. Businesses can diversify by launching their own new enterprises, partnering with another company, or purchasing a company that operates in a different industry or service sector. Conglomerates are a common type of diversified business.
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suppose that the benefit to a community of cleaning a polluted lake is $100000 and it will cost $120000 to clean it. what can we expect to happen? multiple choice question.
As a result of the fact that the benefit to the community to clean the polluted lake is $100, 000 but the cost is $120, 000, we can expect that The lake is not cleaned since the cost exceeds the benefit.
What happens when cost exceeds benefit?When the cost of doing something exceeds the benefit of doing it, then the thing will most likely not be done. This is because human beings are rationally minded and so usually try to do things that would give them a net marginal benefit. They can only get a net marginal benefit if the benefits of doing something is more than the cost of doing that thing.
In this scenario, the cost of cleaning up the polluted lake is $120, 000 while the benefit of cleaning up the lake is $100, 000. The benefit is therefore less than the cost to clean so we can expect that the community would not clean up the lake.
Options for this question include:
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kosher pickle company acquires all the outstanding stock of midwest produce for $10.0 million. the fair value of midwest's assets is $7.0 million. the fair value of midwest's liabilities is $.8 million. calculate the amount paid for goodwill.
The amount paid for goodwill is $3.8 million. Goodwill is an intangible asset acquired when one company buys another.
What is fair value?Fair value is a rational and unbiased estimate of the potential market price of a good, service, or asset in accounting and in most schools of economic thought. When both the buyer and seller freely agree on a price, fair value is the estimated price at which an asset is bought or sold.Individuals and businesses can determine the fair value of an asset by comparing its current market value, growth potential, and replacement cost. The owner of Company B believes he can sell the stock at $50 per share once he acquires it, so he purchases a million shares at the original price.
Therefore,
The term for computing charity is given by;
Goodwill = Consideration paid– Fair value of net identifiable assets
where;
Consideration paid = $10.0 million
Fair value of net identifiable assets = Midwest's assets - Midwest's liabilities
Midwest's assets = $7.0 million
Midwest's liabilities = $.8 million
Fair value of net identifiable assets = (7.0 M- 0.8 M)
= 6.2 million
Replace in the expression below;
Goodwill = Consideration paid – Fair value of net identifiable assets
Goodwill = 10.0 M- 6.2 M
Goodwill = 3.8 million
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if consumers rate price at a mcdonald's restaurant on a 7-point scale using 1 for very unsatisfactory and 7 for very satisfactory, a mean score of 2.34 would be interpreted as:
If consumers rate price at a Mcdonald's restaurant on a 7-point scale using 1 for very unsatisfactory and 7 for very satisfactory, a mean score of 2.34 would be interpreted as an unsatisfactory price.
Define price.
Price, which is decided upon during a transaction, is the monetary value of a good, service, or resource. When a seller or manufacturer has monopoly power, they are considered to be price makers. Alternatively, pricing might be established by the market itself when businesses are price takers.
A price is the sum of money that one party pays or receives in exchange for another's goods or services. The cost of production can go by several names in particular circumstances. The cost of the item will probably be referred to as its "price" if it is a "good" in the context of a commercial exchange.
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havermill co. establishes a $280 petty cash fund on september 1. on september 30, the fund is replenished. the accumulated receipts on that date represent $76 for office supplies, $143 for merchandise inventory, and $25 for miscellaneous expenses. the fund has a balance of $36. on october 1, the accountant determines that the fund should be increased by $56. the journal entry to record the reimbursement of the fund on september 30 includes a:
Havermill co. establishes a $280 petty cash fund on september 1. on september 30, the fund is replenished. the accumulated receipts on that date represent $76 for office supplies, $143 for merchandise inventory, and $25 for miscellaneous expenses. the fund has a balance of $36. on october 1, the accountant determines that the fund should be increased by $56. the journal entry to record the reimbursement of the fund on september 30 includes a Journal entries.
A cumulative receipt is one that lists all of the donations made by a donor (or payments, if you're referring to revenue) over the course of the year. It's especially beneficial for people who give frequently.
The cost of finished goods (COGS) that a retailer or wholesaler has on hand to sell to its clients during a specific accounting period is known as merchandise inventory. The price of the books or periodicals a bookshop offers for sale would be considered part of its merchandise inventory.
The balance sheet account that shows the total cost of goods that have not yet been sold is called merchandise inventory. Merchandise inventory serves as a holding account for inventory that is awaiting sale as a current asset.
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many firms have developed and deployed innovative information systems, only to see these systems go unused by key staff members. how has zara helped ensure its systems will be used by staff?
From Resource Zara can be able to helped ensure its systems will be used by staff
Different types of resources that are available for various tasks carried out by a particular project management are known as resource requirements.
It involves the quantity and skill levels of the resources required to work on a certain project. It can also be described as a list of the hardware or software required to complete activities.
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rufus, a wealthy widower, intends to gift property to his daughter, jade, to reduce the value of his gross estate. which property is best for rufus to keep?
The $10 million industrial condos that Jade plans to sell when Rufus passes away would be the ideal asset for the affluent widower Rufus to keep. So the correct option choice would be option (b).
Elaborate on the concept of gross estate ?The overall financial worth of a person's possessions and assets at the time of death is referred to as their "gross estate." Liabilities such as outstanding debts and taxable situations brought on by a person's passing are not taken into account in this amount. The total amount is the net value of a person's estate after those fees have been subtracted.
An executor, who is primarily accountable for carrying out the wishes of the deceased, often determines the gross estate values. Only those who are specifically mentioned in a legally recognized final will and testament are eligible to be appointed as executors. In the absence of a named executor, the estate administration of the decedent will be handled by an administrator appointed by the court.
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The complete question is mentioned below :
Rufus, a wealthy widower, intends to gift property on his daughter, Jade, to reduce the value of his gross estate. Which property is best for Rufus to keep?
A. commercial property located in another state worth $10 million
B. industrial condos worth $10 million that Jade intends to sell after Rufus dies
C. stock that Rufus owns in a rapidly appreciating tech company worth $10 million
D. a $10 million life insurance policy Rufus owns on his life
additional memory for your computer sells for $109.99 with a $10.00 mail-in rebate. what is the final price after the rebate if an envelope costs $0.35 and a 'forever' postage stamp costs $0.41?
The cost after rebates is $100.75 if additional memory for your computer is $109.99 with a $10.00 mail-in rebate, an envelope costs $0.35, and a "forever" postal stamp costs $0.41.
An envelope costs $0.35, and a "forever" postage stamp costs $0.41 while more computer Memory costs $109.99 with a $10.00 mail-in rebate.
We must calculate the price after applying all discounts and given envelopes.
The price may be determined as follows:
Cost = Additional memory - Mall rebate + Envelope costs + Postal stamp costs
Cost=109.99-10.00+0.35+0.41
=$100.75
Since an envelope costs $0.35, a "forever" postal stamp costs $0.41, and more computer RAM sells for $109.99 with a $10.00 mail-in rebate, the final cost after all rebates will be $100.75.
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for the year ending december 31, beard clinical supplies co. mistakenly omitted adjusting entries for (1) $7,590 of unearned revenue that was earned, (2) earned revenue that was not billed of $11,990, and (3) accrued wages of $5,450. indicate the combined effect of the errors on (a) revenues, (b) expenses, and (c) net income.
Unearned revenue is the money a company receives from a client or customer but has not yet received the services required to earn it. It is seen as a duty that the corporate entity is required to fulfill.
What exactly is unearned income?
Unearned revenue is money received by a person or business for a good or service that hasn't yet been rendered or supplied. It indicates a debt owing to the client and is listed as a liability on a company's balance sheet.
What exactly is unearned income and when does it happen?
When a business sells a product or service before the client receives it, unearned revenue results. Customers who pay in advance for goods or services frequently enjoy discounts.
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which type of marketing channel includes a retailer or other intermediaries in the delivery of goods and services to consumers? multiple choice question. single-stage online direct indirect
The type of marketing channel that includes a retailer or other intermediaries in the delivery of goods and services to consumers is: Indirect.
What is the indirect channel method?The indirect method of distribution often involves the intermediaries who are put in place to ensure that the goods reach the final consumers.
This indirect channel of distribution is important because it releases the manufacturer from the load of promoting the goods to ensure that they get to the final consumer. This is taken over by third parties who now do the job.
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galaxy company sold merchandise costing $3,600 for $6,200 cash. the merchandise was later returned by the customer for a refund. the company uses the perpetual inventory system. what effect will the sales return have on the financial statements? (consider both the revenue and inventory effects of the return only.)
Total assets and total equity decrease by $900.
What is perpetual inventory system?Instead of conducting a physical inventory, a perpetual inventory system uses software to continuously estimate your inventory based on your electronic records. The baseline for this system is a physical count, and it is updated as a result of incoming purchases and outgoing shipments.
The most typical application of a perpetual inventory system is the use of wireless barcode scanners in a grocery shop. Every transaction that is scanned is immediately recorded on the system. Firms are able to compute the current and necessary stockpile quickly in this method.
According to perpetual FIFO, the oldest or initial costs are deducted from the inventory account and added to the cost of goods sold account first. The cost of the ending inventory and the cost of the products sold will be the same for both the perpetual FIFO cost flows and the periodic FIFO cost flows.
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The complete question is:
Galaxy Company sold merchandise costing $1,700 for $2,600 cash. The merchandise was later returned by the customer for a refund. If the perpetual inventory method is used, what effect will the sales return have on the accounting equation?
A) Total assets and total equity decrease by $900.
B) Total assets decrease by $2,600 and total equity is decreased by $1,700.
C) Total assets and total equity decrease by $2,600.
D) Total assets and total equity increase by $900.
three years ago, you invested in the future investco mutual fund by purchasing 1,000 shares of the fund at a net asset value of $14.00 per share. the fund has a 3% load that you elect to pay in addition to your initial investment to ensure that the full nav is invested. because you did not need the income, you elected to reinvest all dividends and capital gains distributions. today, you sell your 1,100 shares in this fund for $16.56 per share. what is the compounded rate of return on this investment over the 3-year period? select one: a. 8.10% b. 8.05% c. 7.60% d. 3.97% e. 26.32%
Over a three-year period, the compounded rate of return on this investment is 8.10%
What is rate of return?
A rate of return (RoR) is indeed the net profit or loss of an asset over a given time period represented as a percentage of the initial cost of the investment.
When you calculate the rate of return, you are computing the percent change from the beginning to the conclusion of the period. Any investment product, from real estate to securities, equities, and fine art, can be assigned a rate of return (RoR). The RoR can be applied to any asset as long as it is purchased at one point in time and generates cash flow at a certain point in the future. Investments are evaluated in part based on historical rates of return, that can be compared to assets of the same type to decide which assets are the most appealing.
Compounded rate of return = ((1,100 * $16.56) / ((1,000 * $14) *(1+3%)))^(1/3) -1
= ($18,216 / $14,420)^(1/3) - 1
= 1.0810 - 1
= 8.10%
Compounded rate of return = 8.10%
Therefore, the correct option is A
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a limitation of 1,550 machine-hours per week prevents golden leaf manufacturing company from meeting the sales demands for its products. the product information is as follows: r1 r2 r3 r4 unit selling price $450 $300 $175 $300 unit variable costs (300) (125) (100) (150) unit contribution margin $150 $175 $75 $150 machine-hours per unit 10 10 10 15 assuming demand for each product is as follows: r1 50 units; r2 80 units; r3 25 units; and r4 10 units, what is the best short-run profit maximizing strategy?
The best short-run profit maximizing strategy is $23,450.
A monopolistically competitive company optimizes profits or minimizes losses in the short run by producing the amount where marginal revenue equals marginal cost. The company will make an economic profit if the average total cost is lower than the market price.
How is short-run profit determined?
Profits from the sale of an asset that a company has owned for less than a year are referred to as short-term profits. By deducting the price, you paid for an asset at the beginning of the year from the sale price you got for the item, you may figure out your short-term gains. Four important elements can contribute to profitability. Costs are coming down, turnover is going up, production is going up, and efficiency is going up.
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suppose that when the price of gasoline is $3.50 per gallon, the total amount of gasoline supplied in the united states is 10 million barrels per day. also suppose that when the price of gas decreases to $3 per gallon, the total amount of gasoline supplied is 8 million barrels per day. based on these numbers and using the simple formula, the percentage change in price is:
The percentage change in price is 14.28%. (New Price - Old Price) / Old Price x 100 is the equation to calculate percentage change. If the stock price increased, the percentage change would be positive; if it decreased, it would be negative.
What is a price change?The difference between an asset, security, or commodity's initial and final values throughout a specific trading period is referred to as the price change in finance. When the initial value is less than the final value, the change is referred to as positive, and when the final value is less than the original value, it is referred to as negative.
Given,
Old Price = $3.5 per gallon
New Price is $3 per gallon
Required to % change in price =?
% change in price = Old Price - New Price x 100/ Old price
% change in price = 3.5 - 3 x 100/ 100 =14.28%
Thus, the percentage change in price is 14.28% after the new is $3 per gallon.
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the risk register is developed when there is a known risk and serves as a plan of action to reduce the impact a risk will have on the project should the risk occur. group of answer choices true false
The risk register is developed when there is a known risk and serves as a plan of action to reduce the impact a risk will have on the project should the risk occur. the given statement is true.
What is risk?
Risk can be defined as the chance that something negative will occur. Risk is uncertainty about how an action will affect or implicate something that people value, frequently focusing on unfavourable, undesirable outcomes. There have been many different definitions put forth. "Effect of Uncertainty on Objectives" is the international standard description of risk for use in various applications. Different practise areas have different understandings of risk, approaches to risk assessment and management, descriptions of risk, and even definitions of risk. Links to articles with more information on these topics are provided in this article. The international standard for managing risk, ISO 31000, offers fundamental ideas and general recommendations for handling risks that organisations must deal with.
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