Answer: My explaintion is a math graph
Explanation:
I would find both values for example y and x. I would create my graph by using the values of x and y. The points will be proportional to the values given. Once the values are proportional to each other then will have a proportional graph.
Answer:
In order to create a graph, the first step is to highlight the data. Highlight cells with labels and numbers that you would like included in your graph. When entering the data into the spreadsheet, don't leave blank rows or columns between data. Once you've highlighted the proper data, use the command for inserting a graph or chart. The software will lead you through some steps for choosing layout, format, and range of cells.
Explanation:
Here you go, I moved it since one of the other answers was deleted.
What are some different demographic segmentations Amazon can identify to understand customer behavior?
Answer:
According to Amazon, the demographics report “shows Brand Owners the breakdown of their Amazon customers (in aggregate) by age, household income, education, gender, and marital status.
hope this helps <3
FIND HIM i have big reward also or you can add me king1ev151 and/or king1ev15 (roblox)
Answer:
ight imma head out w/ my cuffz
Explanation:
Answer:
ok i will add you
Explanation:
Green Cabinets is a custom cabinet builder. They recently completed a set of kitchen cabinets (Job Number 1478), as summarized below: Job Number:1478 Date Started: 4/07/20x8 Date Completed: 4/22/20x8 Description:Cherry kitchen cabinets AppliedDirect MaterialsDirect LaborManufacturing OverheadReq. NoAmountTicketHours AmountHoursRateAmount385$300 12816 $288 391 225 13023 426 395 150 13312 264 401 215 Total$890 Total51 $978 Cost Summary Direct Material Cost$890 Direct Labor Cost 978 Applied Manufacturing Overhead ? Total Cost ? Green Cabinets applies overhead to jobs at a rate of $12 per direct laborasked Sep 15, 2019 in Business by Jaanesblondehour.
a. How much overhead would be applied to Job #1478?
b. What is the total cost of Job #1478?c. What will be an ideal response?
Answer:
a. $612
b. $2,480
Explanation:
a. Overhead is applied at a rate of $12 per direct labor hour.
Overhead applied would therefore be;
= 12 * total labor hours
= 12 * 51
= $612
b. Total Cost = Direct labor cost + Direct Material cost + Manufacturing overhead
= 978 + 890 + 612
= $2,480
Which of the following statements is false? a. Productivity is expected to improve as more economic activity is transferred to the Internet. b. Increased productivity can lead to higher manufacturing costs. c. Increased productivity is a concern for nations throughout the world. d. One way to reduce costs is to increase productivity. e. Productivity growth enables American business firms to compete more effectively with other nations in a competitive world.
Answer:
d. One way to reduce costs is to increase productivity.Explanation:
Productivity is measured through the output per unit f input in terms of labor capital and other resources and is calculated for the economy as a whole. Productive s a key source of competitiveness and is expected to improve as the economic activity rises. It enables firms to compete more efficiently and effectively in the market.Three mutually exclusive projects are being considered for a remote river valley: Project R, a recreational facility, has estimated benefits of $20 million and costs of $16 million; project F, a forest preserve with some recreational facilities, has estimated benefits of $26 million and costs of $20 million; project W, a wilderness area with restricted public access, has estimated benefits of $10 million and costs of $2 million. In addition, a road could be built for a cost of $8 million that would increase the benefits of project R by $16 million, increase the benefits of project F by $10 million, and reduce the benefits of project W by $2 million. Even in the absence of any of the other projects, the road has estimated benefits of $4 million.
A. Calculate the benefit-cost ratio and net benefits for each possible alternative to the status quo.
B. If only one of the seven alternatives can be selected, which should be selected according to the CBA decision rule?
Answer:
A) Project R = benefit / cost = 20 / 16 = 1.25
Project R with road = benefit / cost = 36 / 24 = 1.50
Project F = benefit / cost = 26 / 20 = 1.30
Project F with road = benefit / cost = 30 / 28 = 1.07
Project W = benefit / cost = 10 / 2 = 5.00
Project W with road = benefit / cost = 8 / 10 = 0.80
Road = benefit / cost = 2 / 8 = 0.25
B) Project W should be selected since its cost benefit ratio is higher than the rest of the alternatives.
Explanation:
The cost benefit ratio is a profitability ratio that helps investors to understand how much money an investment will yield. In case of project W, for each dollar invested, the project will yield $5.
Which of the following is not included in the typical pattern of behavior for a poverty-stricken person?
a.
higher crime rate
c.
higher standard of living
b.
higher divorce rate
d.
higher chance of being a victim of crime
Answer:
its c
Explanation:
got it right on edge
A person is poverty-stricken if they are considered to be very poor. A higher standard of living is not a typical pattern of behavior for a poverty-stricken person.
Who is poverty-stricken poverty?A poverty-stricken person suffers from the effects of extreme poverty: Some beggars are impoverished and homeless.
There are few jobs for farmers who have moved to cities from poverty-stricken areas in search of work.
It is characterized by excessive indulgence, low self-regulation, exploitation of others, and limited motivation and effort.
Therefore, Option B is the correct answer that is a higher standard of living is not a typical pattern of behavior for a poverty-stricken person.
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As of December 31, 2021, Cady Construction has one construction job for which the construction in prog-ress (CIP) account has a balance of $20,000 and the billings on construction contract account has a balance of $14,000. Cady has another construction job for which the construction in progress account has a balance of $3,000 and the billings on construction contract account has a balance of $5,000. Indicate the amount of contract asset and/or contract liability that Cady would show in its December 31, 2021, balance
Answer:
According to "AS 7 - Construction Contracts",Gross amounts receivable / payable from / by customers should be recognized as contract asset / liability in the balance sheet.
For the first job, construction work in progress is greater than the bills raised. Hence there exists contract asset.
Contract asset = Cost incurred - Billing done
= $20,000 - $14,000
= $6,000
For the second job, construction in progress is less than the bills raised. Hence there exists contract liability.
Contract liability = Bills raised - Cost incurred
= $5,000 - $3,000
= $2,000
Hence, Contract asset = $6000 , Contract Liability = $2000
The following is cash flow data for Rocket Transport: Cash dividend $ 86,000 Purchase of bus $ 45,000 Interest paid on debt $ 25,000 Sales of old equipment $ 63,000 Repurchase of stock $ 58,000 Cash payments to suppliers $ 95,000 Cash collections from customers $ 360,000 a. Find the net cash provided by or used in investing activities. (Input the amount as positive value.) b. Find the net cash provided by or used in financing activities. (Input the amount as positive value.) c. Find the net increase or decrease in cash for the year. (Input the amount as positive value.)
Answer:
a. Find the net cash provided by or used in investing activities.
Sales of old equipment $63,000
Purchase of bus ($45,000)
net cash flow from investing activities = $18,000
b. Find the net cash provided by or used in financing activities.
Repurchase of stock ($58,000)
Cash dividend ($86,000)
net cash flow from financing activities = ($144,000)
c. Find the net increase or decrease in cash for the year.
cash flows from operating activities = $360,000 - $95,000 - $25,000 = $240,000
net cash increase = $240,000 + $18,000 - $144,000 = $114,000
Southern California Publishing Company is trying to decide whether to revise its popular textbook, Financial Psychoanalysis Made Simple. The company has estimated that the revision will cost $65,000. Cash flows from increased sales will be $20,000 the first year. These cash flows will increase by 3 percent per year. The book will go out of print four years from now. Assume that the initial cost is paid now and revenues are received at the end of each year. If the company requires a return of 8 percent for such an investment, calculate the present value of the cash inflows of the project.
Answer:
Present value of the cash inflow= $69,086.97
Explanation:
An annuity is a series of annual cash outflows or inflows which payable or receivable for a certain number of periods. If the annual cash flow is expected to increase by a certain percentage yearly, it is called a growing annuity.
To work out the the present value of a growing annuity, we use the formula:
PV = A/(r-g) × (1- (1+g/1+r)^n)
A- annual cash flow - 20,000
r- rate of return - 8%
g- growth rate - 3%
n- number of years- 4
I will break out the formula into two parts to make the workings very clear to follow. So applying this formula, we can work out the present value of the growing annuity (winnings) as follows.
A/(r-g) = 20,000/(0.08-0.03) = $400,000
(1- (1+g/1+r)^n) = 1 -(1.03/1.08)^4 =0.17271
PV = A/(r-g) × (1- (1+g/1+r)^n) =400,000 × 0.17271 =69,086.97
Present value of the cash inflow = $69,086.97
The Reynolds Corporation buys from its suppliers on terms of 2/19, net 50. Reynolds has not been utilizing the discounts offered and has been taking 50 days to pay its bills. Ms. Duke, Reynolds Corporation's vice president, has suggested that the company begin to take the discounts offered. Duke proposes that the company borrow from its bank at a stated rate of 17 percent. The bank requires a 10 percent compensating balance on these loans. Current account balances would not be available to meet any of this compensating balance requirement. a. Calculate the cost of not taking a cash discount. (Use a 360-day year. Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.)
Answer:
23.68%
Explanation:
The computation of the cost of not taking a cash discount is shown below:-
Cost of not taking a cash discount = [Discount percentage ÷ (100% - Disc.%)] × (360 ÷ (Final due date - Discount period))
= (2% ÷ 98%) × (360 ÷ (50 - 19))
= 2.04% × 11.61
= 23.68%
Therefore for computing the cost of not taking a cash discount we simply applied the above formula.
How does the tax benefit rule apply in the following cases?a. In 2015, the Orange Furniture Store, an accrual method taxpayer, sold furniture on credit for $1,000 to Sammy. The cost of the furniture was $600. In 2016, Orange took a bad debt deduction for the $1,000. In 2017, Sammy inherited some money and paid Orange the $1,000 he owed. Orange was in the 35% marginal tax bracket in 2015, the 15% marginal tax bracket in 2016, and the 35% marginal tax bracket in 2017.Orange Furniture must include _________ in gross income as the recovery of a prior deduction cost ________.b. In 2016, Marvin, a cash basis taxpayer, took a $2,000 itemized deduction for state income taxes paid. This increased his itemized deductions to a total that was $800 more than the standard deduction. In 2017, Marvin received a $1,600 refund when he filed his 2016 state income tax return. Marvin was in the 15% marginal tax bracket in 2016, but was in the 35% marginal tax bracket in 2017. How much must Marvin include in his gross income for 2017?________$.c. In 2016, Barb, a cash basis taxpayer, was in an accident and incurred $8,000 in medical expenses, which she claimed as an itemized deduction for medical expenses. Because of the 10%-of-AGI reduction, the expense reduced her taxable income by only $3,000. In 2017, Barb successfully sued the person who caused the physical injury and collected $8,000 to reimburse her for the cost of her medical expenses. Barb was in the 15% marginal tax bracket in both 2016 and 2017. What amount, if any, will Barb include in her 2017 gross income?___________$
Answer:
a. Orange Furniture must include $1,000 in gross income as the recovery of a prior deduction cost.
Since the 2016 bad debt deduction resulted in a tax benefit, the $1,000 recovery will be considered income. Orange's cost for this transaction = (35% 2015 tax rate - 12% 2016 tax rate) x $1,000 recovery = 23% x $1,000 = $230
b. How much must Marvin include in his gross income for 2017? $800
Marvin's net benefit from itemizing his taxes was $800, so that amount must be included as gross income due to the state's refund. Marvin will actually suffer a lose due to this transaction since during 2016, he was in the 15% tax bracket, while during 2017 his tax bracket is 35%. He saved 15% x $800 = $120 for 2016, but will have to pay 35% x $800 = $280 during 2017.
c. What amount, if any, will Barb include in her 2017 gross income? $3,000
Since Barb was able to recover the medical expenses, she must include in her gross income the tax benefit that she received for itemizing her deductions.
Dinklage Corp. has 7 million shares of common stock outstanding. The current share price is $68, and the book value per share is $8. The company also has two bond issues outstanding. The first bond issue has a face value of $70 million, a coupon rate of 6 percent, and sells for 97 percent of par. The second issue has a face value of $40 million, a coupon rate of 6.5 percent, and sells for 108 percent of par. The first issue matures in 21 years, the second in 6 years. Both bonds make semiannual payments.a. What are the company's capital structure weights on a book value basis?b. What are the company's capital structure weights on a market value basis?
Answer:
a) book value weights:
equity = 33.73%debt = 66.27%b) market value weights:
equity = 81.08%debt = 18.92%Explanation:
total shares outstanding 7,000,000
market price $68 x 7,000,000 = $476,000,000
book price $8 x 7,000,000 = $56,000,000
bond 1:
book value = $70,000,000
market value = $67,900,000
bond 2:
book value = $40,000,000
market value = $43,200,000
total book value = $56 + $70 + $40 = $166,000,000
equity = $56 / $166 = 33.73%
debt = 66.27%
total market value = $476 + $67.9 + $43.2 = $587,100,000
equity = $476 / $587.1 = 81.08%
debt = 18.92%
Prepare journal entries for the following transactions.
Aug. 4 Sold merchandise on account to S. Miller for $320 plus sales tax of 4%, with 2/10, n/30 cash discount terms.
6 Sold merchandise on account to K. Krtek for $210 plus sales tax of 4%.
10 S. Miller returned merchandise purchased on August 4 for $20 plus sales tax for credit.
13 S. Miller paid the balance due on her account.
15 K. Krtek returned merchandise purchased on August 6 for $40 plus sales tax for credit.
20 K. Krtek paid the balance due on his account.
Answer:
General Journal Entries:
August 4:
Debit Accounts Receivable (S. Miller) $332.80
Credit Sales Tax Payable $12.80
Credit Sales Revenue $320
To record the sale of goods on account, plus sales tax of 4% with 2/10, n/30 cash discount terms.
August 6:
Debit Accounts Receivable (K.Krtek) $218.40
Credit Sales Tax Payable $8.40
Credit Sales Revenue $210
To record the sale on account plus sales tax of 4%.
August 10:
Debit Sales Returns $20
Debit Sales Tax Payable $0.80
Credit Accounts Receivable (S. Miller) $20.80
To record the record of merchandise on account.
August 13:
Debit Cash Account $306
Debit Cash Discount $6
Credit Accounts Receivable (S. Miller) $312
To record receipt of cash from S. Miller.
August 15:
Debit Sales Returns $40
Debit Sales Tax Payable $1.60
Credit Accounts Receivable (K. Krtek) $41.60
To record the return of goods.
August 20:
Debit Cash Account $176.80
Credit Accounts Receivable (K. Krtek) $176.80
To record the receipt of cash on account.
Explanation:
The general journal entries are made to record the business transaction as they occur on a daily basis. The accounts involved in each transaction are identified and one account is debited and the other credited accordingly.
Andy is always looking for ways to make money fast. Lately, he has been trying to make money by gambling. Here is the game he is considering playing: The game costs $2 to play. He draws a card from a deck. If he gets a number card (2-10), he wins nothing. For any face card (jack, queen or king), he wins $3. For any ace, he wins $5, and he wins an extra $20 if he draws the ace of clubs. Report to two decimal places (e.g., X.xx - do not enter a $ sign). Find Andy's expected profit per game.
Answer:
0.51
Explanation:
Given the following :
Cost of playing = $2
Total cards in a deck = 52
Number card(2 - 10) = (4 * 9) = 36
P(number card) = 36 /52 = 9 / 13 = 0.69
Winning for number card = $0 - $2 = - $2
Face card = (3 * 4) = 12
P(face card) = 12 / 52 = 3 / 13 = 0.23
Winning on face card = $3 - $2 = $1
Ace excluding ace of club= 3
P(ace) = 3 / 52 = 1 / 13 = 0.057 = 0.06
Winning on ace = $5 - $2 = $3
Ace of club = 1
P(ace of club) = 1/52 = 0.019 = 0.02
Winning ( additional) = $20
Total winning = $20 + $5 - $2 = $23
Expected profit per game :
Σ(Probability * winning)
Σ(-2 * 0.69) + (1 * 0.23) * (0.06 * 3) + (0.02 * 23)
Σ (-1.38 + 0.23 + 0.18 + 0.46)
= 0.51
Edelman Engines has $14 billion in total assets — of which cash and equivalents total $120 million. Its balance sheet shows $2.1 billion in current liabilities — of which the notes payable balance totals $1.08 billion. The firm also has $7.7 billion in long-term debt and $4.2 billion in common equity. It has 300 million shares of common stock outstanding, and its stock price is $37 per share. The firm's EBITDA totals $1.554 billion. Assume the firm's debt is priced at par, so the market value of its debt equals its book value. What are Edelman's market/book and its EV/EBITDA ratios? Do not round intermediate calculations. Round your answers to two decimal places.
Answer:
Market/book= 2.6428 times
EV/EBITDA= 13.37 times
Explanation:
Edelman engines have $4.2 billion in common equity
The common stock outstanding is 300 million
The share price is $37
The first step is to calculate the market value
= Common stock outstanding × share price
=300,000,000 × $37
= $11,100,000,000
Therefore the Edelman's market/book can be calculated as follows
= 11,100,000,000/4,200,000,000
= 2.6428 times
The EV can be calculated as follows
= Market value of equity + Total debt-cash and cash equivalent
= $11,100,000,000+ $7,700,000,000 + $2,100,000,000-0.120000000
= $20.78 billion
EBITDA = $1.554 billion
Therefore the EV/EBITDA can be calculated as follows
$20.78 billion/1.554 billion
= 13.37 times
Sun Devil Hair Design has the following transactions during the month of February.(1) February 2 Pay $700 for radio advertising for February.(2) February 7 Purchase beauty supplies of $1,300 on account.(3) February 14 Provide beauty services of $2,900 to customers and receive cash.(4) February 15 Pay employee salaries for the current month of $900.(5) February 25 Provide beauty services of $1,000 to customers on account.(6) February 28 Pay utility bill for the current month of $300.Records each transaction
Answer:
Sun Devil Hair Design
Journal Entries:
February 2:
Debit Advertising Expense $700
Credit Cash Account $700
To record the payment for advertising for the month of February.
February 7:
Debit Supplies $1,300
Credit Accounts Payable $1,300
To record the purchase of supplies on account.
February 14:
Debit Cash Account $2,900
Credit Service Revenue $2,900
To record the provision of beauty services to customers for cash.
February 15:
Debit Salaries Expense $900
Credit Cash Account $900
To record the payment of employee salaries for the month.
February 25:
Debit Accounts Receivable $1,000
Credit Service Revenue $1,000
To record the provision of beauty services on account.
February 28:
Debit Utility Expense $300
Credit Cash Account $300
To record the payment of utility bill.
Explanation:
Sun Devil Hair Design uses the general journal to record the its daily business transactions. The entries are made to reflect the accounting equation of Assets being equal to Liabilities + Equity at all times. When entering transactions in the general journal, the first step is to identify the accounts that are affected by each transaction. The account to be debited is recorded first followed by the account to be credited. Note that more than two accounts can be involved. However, with the double entry system of accounting, the accounting equation is always in balance.
If you wanted to make sure a company has enough money available to pay its bills, which financial statement would be most helpful?
A. Balance sheet
B. Income statement
C. Statement of owners' equity
D. Cash flow statement
Answer:
D. Cash flow statement.
Explanation:
I took the test and that was the right answer
If you wanted to make sure a company has enough money available to pay its bills, Cash flow statement would be most helpful. The correct option is (D).
What do you mean by the Cash flow statement?The cash flow statement lets you keep track of incoming and departing cash by displaying the source of that money. An organization's operational, investment, and financial operations all generate cash flow.
A cash flow statement's goal is to give a thorough account of what happened to a company's cash over a given time period, also referred to as the accounting period.
Based on how much money is coming in and going out of the company, it shows the organization's capacity to run both short- and long-term.
Therefore, if you wanted to make sure a company has enough money available to pay its bills, Cash flow statement would be most helpful.
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The management of Firebolt Industries Inc. manufactures gasoline and diesel engines through two production departments, Fabrication and Assembly. Management needs accurate product cost information in order to guide product strategy. Presently, the company uses a single plantwide factory overhead rate for allocating factory overhead to the two products. However, management is considering the multiple production department factory overhead rate method. The following factory overhead was budgeted for Firebolt:
Question not attempted.
1. Fabrication Department factory overhead $550,000.00
2. Assembly Department factory overhead 250,000.00
3. Total $800,000.00
Direct labor hours were estimated as follows:
Fabrication Department 5,000 hours
Assembly Department 5,000
Total 10,000 hours
In addition, the direct labor hours (dlh) used to produce a unit of each product in each department were determined from engineering records, as follows:
Production Departments Gasoline Engine Diesel Engine
Fabrication Department 3.0 dlh 2.0 dlh
Assembly Department 2.0 3.0
Direct labor hours per unit 5.0 dlh 5.0 dlh
A) Determine the per-unit factory overhead allocated to the gasoline and diesel engines under the single plantwide factory overhead rate method, using direct labor hours as the activity base
A measure of activity that is related to changes in cost. Used in analyzing and classifying cost behavior. Activity bases are also used in the denominator in calculating the predetermined factory overhead rate to assign overhead costs to cost objects.
Gasoline engine $_________ per unit
Diesel engine $_________ per unit
B) Determine the per-unit factory overhead allocated to the gasoline and diesel engines under the multiple production department factory overhead rate method, using direct labor hours as the activity base for each department.
Gasoline engine $_________ per unit
Diesel engine $_________ per unit
Answer:
A. Determine the per-unit factory overhead allocated to the gasoline and diesel engines under the single plantwide factory overhead rate method, using direct labor hours as the activity base
Per Unit Overhead Cost for Gasoline engine;
= No. of Direct Labor Hours per Unit * Overhead Rate per Hour
Overhead Rate per hour = Total overhead cost/ Total direct labor hours
= 800,000/10,000
= $80 per hour
Per Unit Overhead Cost for Gasoline engine;
= 5 * 80
= $400
Per Unit Overhead Cost for Diesel engine;
= No. of Direct Labor Hours per Unit * Overhead Rate per Hour
= 5 * 80
= $400
B. Determine the per-unit factory overhead allocated to the gasoline and diesel engines under the multiple production department factory overhead rate method, using direct labor hours as the activity base for each department.
Gasoline Engine
Per Unit Overhead cost for Gasoline engine under multiple production department factory overhead rate method;
= Overhead Cost under Fabrication Department + Overhead Cost in Assembly Department
Overhead Cost under Fabrication Department = Overhead Rate for Fabrication Department * No. of Direct Labor Hours under Fabrication Department
= (Overhead cost for fab. depart. / No. of direct labor hours for fab. depart.) * No. of Direct Labor Hours engine is in Fabrication Department
= (550,000/5,000) * 3
= $330
Overhead Cost under Assembly Department = Overhead Rate for Assembly Department * No. of Direct Labor Hours in Assembly Department
= (Overhead cost for assembly. depart. / No. of direct labor hours for fab. depart.) * No. of Direct Labor Hours engine is in assembly Department..
= (250,000/5,000) * 2
= $100
Per Unit Overhead cost for Gasoline engine under multiple production department factory overhead rate method = 330 + 100
= $430
Diesel Engine
Per Unit Overhead cost for Diesel engine under multiple production department factory overhead rate method;
= Overhead Cost under Fabrication Department + Overhead Cost in Assembly Department
Overhead Cost under Fabrication Department = Overhead Rate for Fabrication Department * No. of Direct Labor Hours under Fabrication Department
= (Overhead cost for fab. depart. / No. of direct labor hours for fab. depart.) * No. of Direct Labor Hours engine is in Fabrication Department
= (550,000/5,000) * 2
= $220
Overhead Cost under Assembly Department = Overhead Rate for Assembly Department * No. of Direct Labor Hours in Assembly Department
= (Overhead cost for assembly. depart. / No. of direct labor hours for fab. depart.) * No. of Direct Labor Hours engine is in assembly Department..
= (250,000/5,000) * 3
= $150
Per Unit Overhead cost for Gasoline engine under multiple production department factory overhead rate method = 330 + 100
= $370
The local supermarket buys lettuce each day to ensure really fresh produce. Each morning, any lettuce that is left from the previous day is sold to a dealer that resells it to farmers who use it to feed their animals. This week, the supermarket can buy fresh lettuce for $6.00 a box. The lettuce is sold for $18.00 a box and the dealer that sells old lettuce is willing to pay $3.60 a box. Past history says that tomorrow's demand for lettuce averages 254 boxes with a standard deviation of 37 boxes. How many boxes of lettuce should the supermarket purchase tomorrow
Answer:
The appropriate answer will be "289 boxes".
Explanation:
The given values are:
Cost
= $6
Sales price
= $18
Salvage price
= $3.60
Average daily demand (d)
= 254 boxes
Standard deviation ([tex]\sigma d[/tex])
= 37 boxes
Now,
Overage of cost will be:
⇒ [tex]Co=Cost-Salvage \ price[/tex]
[tex]= 6-3.60[/tex]
[tex]=2.4[/tex] ($)
Underage of cost will be:
⇒ [tex]Cu=Price-cost[/tex]
[tex]=18-6[/tex]
[tex]=12[/tex] ($)
⇒ Service Level = [tex]\frac{Cu}{Cu+Co}[/tex]
On substituting the given values in the above formula, we get
= [tex]\frac{12}{12+2.4}[/tex]
= [tex]0.83 \ i.e.,\ 83 \ Percent[/tex]
The service level value of Z at 83% is = 0.954
⇒ Order quantity = [tex]d+(Z\times \sigma d)[/tex]
= [tex]254+(0.954\times 37)[/tex]
= [tex]289.298 \ OR \ 289 \ boxes[/tex]
A company offers ID theft protection using leads obtained from client banks. Three employees work 40 hours a week on the leads, at a pay rate of $25 per hour per employee. Each employee identifies an average of 3,000 potential leads a week from a list of 5,000. An average of 4 percent of potential leads actually sign up for the service, paying a one-time fee of $70. Material costs are $1,000 per week, and overhead costs are $9,000 per week. Calculate the multifactor productivity for this operation in fees generated per dollar of input. (Round your answer to 2 decimal places.) Multifactor productivity
Answer:
1.938/lead
Explanation:
To calculate multifactor productivity we need to divide total output by total input. To find total output and total input we need to go through some minor workings as shown below.
DATA
Number of employees = 3
Total hours worked = 40
Hourly rate = 25/hr
Material cost = 1000/week
Overhead cost = 9000/week
[tex]multifactor productivity = \frac{Out put}{In put}[/tex]
[tex]multifactor productivity = \frac{25,200}{13,000}[/tex]
[tex]multifactor productivity = 1.938/lead[/tex]
INPUT
Total Inputs = labor cost + Material cost + Overhead cost
Total inputs = 3000 + 1000 + 9000
Total inputs = $13,000
working
Total labor cost = No. of labor x no. of hours worked x hourly rate
Total labor cost = 3 x 40 x 25
Total labor cost = $3000
OUTPUT
Total output = No. of leads x subscription fee
Total output = 360 x 70
Total Output = $25,200
working
Average potential lead = 3000
Total potential lead =3 x 3000 = 9000
Actual signup lead = 4% of 9000 = 360
Subscription fee per lead = 70
How much would it cost for Chester Corporation to repurchase all its outstanding shares if new brokerage fees totaled 1% of the underlying transaction?
Select: 1
$85.3 million
$76.4 million
$83.7 million
$78.0 million
Answer:
$78.0 million
Explanation:
Cost of repurchase = Number of shares*Share price/(1-1%)
Cost of repurchase = $3,352,720 * $23.02/(1-1%)
Cost of repurchase = $3,352,720 * $23.02/(1 - 0.01)
Cost of repurchase = $3,352,720 * $23.02/0.99
Cost of repurchase = $3,352,720 * $23.25
Cost of repurchase = $ 77,950,740
Cost of repurchase = $78.0 million
The corporation would cost $78.0 million to repurchase all its shares back from the market.
The new brokerage fees are given as 1% of the transaction. The cost of purchase would be derived out of the given formula:
[tex]c= \frac{n*Sp}{1-1 percent} \\=\frac{3,352,720 * 23.02}{1 - 0.01} \\=78.0[/tex]
Here, c is the repurchase cost, n is the number of shares, and Sp is the share price. Finally, the repurchase cost is computed as $78 million.
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The Corner Store currently has $3,600 in cash. The company owes $31,800 to suppliers for merchandise and $21,500 to the bank for a long-term loan. Customers owe The Corner Store $19,000 for their purchases. The inventory has a book value of $53,300 and an estimated market value of $71,200. If the store compiled a balance sheet as of today, what would be the book value of the current assets? A. $46,800 B. $55,600 C. $64,700 D. $75,900 E. $96,500
Answer:
The answer is "Option D".
Explanation:
The formula for current assets:
[tex]\text{current assets= cash + receivables + inventory}[/tex]
[tex]= 3600 + 19,000+53,300\\\\= 75900[/tex]
BeeGood Honey recently expanded its distribution to include 74,600 households within the Southwestern United States in an area with a population of 300,000 people. Of these newly targeted households, 35,700 have previously purchased the category. Last quarter the region's total dollar sales for the honey category reported at $827,000, driven by the three largest brands: StingerSue, Sweetness, and BeeGood with sales of $304,000, $200,000 and $94,600 respectively. In the same quarter, unit purchases of BeeGood Honey brand amounted to 38,500 jars across the region. Among the 25,500 households that bought BeeGood, total purchases of honey were reported at 60,100 jars. What is BeeGood's Brand Penetration (%)
Answer: 34.2%
Explanation:
Brand penetration is meant to measure the number of people who bout a certain brand as a percentage of the population that the company target to sell to.
The formula is;
= No. of Households who bought BeeGood Honey/ No. of targeted Households
= 25,500/74,600
= 34.2%
The following information is available for Pyle Garage for March 2018
BANK STATEMENT
HAZARD STATE BANK 215 MAIN STREET HAZARD, GA 30321 - Account number 62-00062 - March 31, 2018
Beginning balance 3/1/2018 $9,083
Total deposits and other credits 30,155
Total checks and other debits 25,110
Ending balance 3/31/2018 14,125
Checks and Debits
Check No. Amount
1462 $3,805
1463 1,693
1464 8,050
1465 2,951
1466 1,455
1467 6,230
DM 69
1468 860
Deposits and Credits
Date Amount
March 1 $1,150
March 2 6,554
March 6 4,987
March 12 6,219
March 17 6,013
March 22 2,134
CM 3,098
The following is a list of checks and deposits recorded on the books of Pyle Garage for March 2018:
Date Check No. Amount of Check Date Amount of Deposit
March 1 1463 $1,693 March 1 $6,554
March 5 1464 8,050 March 5 4,987
March 6 1465 2,951
March 9 1466 1,455 March 10 6,219
March 10 1467 6,230
March 14 1468 150 March 16 6,013
March 19 1469 1,546 March 19 2,134
March 28 1470 793 March 29 3,593
Other information:
1. Check no. 1462 was outstanding from February
2. A credit memo for collection of accounts receivable was included in the bank statement.
3. All checks were paid at the correct amount.
4. The bank statement included a debit memo for service charges.
5. The February 29 bank reconciliation showed a deposit in transit of $1,150
6. Check no. 1468 was for the purchase of equipment.
7. The unadjusted Cash account balance at March 31, was $13,060.
Required
a. Prepare the bank reconciliation for Pyle Garage at the end of March.
b. How the adjustments described above affect the cash account.
Answer:
Pyle Garage
Bank Reconciliation
March 31, 2018
Unadjusted Bank Balance, $14,125
March 31, 2018
Add: Deposit in Transit $3,593
Less: Outstanding Checks #1469 $1,546
Outstanding Checks 1470 $793 ($2,339)
True Cash Balance, March 31, 2018 $15,379
Unadjusted Book Balance, March 31, 2018 $13,060
Add: Credit Memo for Collection of $3,098
Accounts Receivable
Less: Error in Recording Check #1468 $710
Debit Memo for Service Charges $69 ($779.00)
True Cash Balance, March 31, 2018 $15,379
b. Account Titles Debit Credit
Cash $3,098
Accounts Receivable $3,098
Equipment $710
Cash $710
Bank Service Charge Expense $69
Cash $69
A certificate of ownership in a corporation is called
The VP of Marketing reviews the target market's profile with you: "Our current target market is consumers who want to eat healthy and live an active lifestyle. We are focusing on consumers ages 18-34. In their limited free time, this market enjoys going to the gym, spending time outdoors, and playing sports. Household sizes are typically small, usually 1-3 people." "These consumers are willing to pay higher prices for functional foods and convenience foods. They also value natural ingredients and authentic foods." "These consumers are highly connected, social, and mobile, relying on each other to make decisions on products. Their media consumption is primarily through Internet-enabled devices: 90% of millennials use smartphones and tablets daily. Less than 15% of millennials have a current newspaper subscription." Given the target market's profile and needs and wants, which product do you recommend that In Fine Fettle launch first?
A. Turmeric soups.
B. Turmeric meal replacement shakes.
C. Turmeric gummies.
Answer:
the anwser iS b
have to do this for 20 words shsns. sshs
For 2019, Gourmet Kitchen Products reported $21 million of sales and $17 million of operating costs (including depreciation). The company has $15 million of total invested capital. Its after-tax cost of capital is 10% and its federal-plus-state income tax rate was 25%. What was the firm's economic value added (EVA), that is, how much value did management add to stockholders' wealth during 2019? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nearest dollar, if necessary.
Answer:$1,500,000
Explanation:
Economic value added (EVA) can be calculated as:
Net operating profit after taxes - The Invested capital × The cost of capital
Slotting the values into the above formula will be:
= ($21,000,000 - $17,000,000) × (1 - 25%) - ($15,000,000 × 10%)
= $4,000,000 × 75% - ($15,000,000 × 0.1)
= ($4,000,000 × 0.75) - $1,500,000
= $3,000,000 - $1,500,000
= $1,500,000
Therefore, the firm's economic value added (EVA) is $1,500,000.
2019 2018 Cash and equivalents $ 90 $ 75 Accounts receivable 275 300 Inventories 375 350 Total current assets $ 740 $ 725 Net plant and equipment 2,000 1,490 Total assets $ 2,740 $ 2,215 Accounts payable $ 150 $ 85 Accruals 75 50 Notes payable 140 165 Total current liabilities $ 365 $ 300 Long-term debt 450 290 Common stock 1,225 1,225 Retained earnings 700 400 Total liabilities and equity $ 2,740 $ 2,215 Income Statements: 2019 2018 Sales $ 1,885 $ 1,425 Operating costs excluding depreciation 1,250 1,000 EBITDA $ 635 $ 425 Depreciation and amortization 100 75 EBIT $ 535 $ 350 Interest 63 46 EBT $ 472 $ 304 Taxes (25%) 118 76 Net income $ 354 $ 228 Dividends paid $ 54 $ 48 Addition to retained earnings $ 300 $ 180 Shares outstanding 100 100 Price $ 25.00 $ 22.50 WACC 10.00 % What is the firm's 2019 current ratio
Answer:
The firm's 2019 current ratio = 2019 Current assets/2019 Current liabilities
= $740/$365
= 2.03 : 1
Explanation:
a) Data and Calculations:
2019 2018
Cash and equivalents $ 90 $ 75
Accounts receivable 275 300
Inventories 375 350
Total current assets $ 740 $ 725
Net plant and equipment 2,000 1,490
Total assets $ 2,740 $ 2,215
Accounts payable $ 150 $ 85
Accruals 75 50
Notes payable 140 165
Total current liabilities $ 365 $ 300
Long-term debt 450 290
Common stock 1,225 1,225
Retained earnings 700 400
Total liabilities & equity $ 2,740 $ 2,215
b) The firm's current ratio is a financial ratio that shows the ability of the firm to meet its current liabilities (obligations) with its current assets. It is expressed as a relationship between the current assets and the current liabilities.
Which one of the following expenses would be denied as entertainment and would not be deductible?
Select one:
a. Sandwiches and coke were served during a 3 hour meeting that went from 11am - 2pm
b. The taxpayer employed a tea lady to serve staff hot drinks and biscuits, costing $18,000 in wages and $5,000 for food and drink.
c. Taxpayer paid entertainment allowances to his staff
d. The manager took clients to lunches at a restaurant costing $5,800
The expenses that would be denied as entertainment and would not be deductible is, “The manager took clients to lunches at a restaurant costing $5,800.” Therefore, option D is the correct option.
What are expenses?Expenses are the expenditures a person or an organization makes in order to fulfill either their needs and requirements or their luxuries. The expenses generally occur from income or savings. The expenses should be aligned with the amount of income and the savings of the individual in order to maintain healthy financial health. More expenses than income can cause financial burdens or debts.
The manager brought clients to lunches at a restaurant that cost $5,800; these costs would be disallowed as entertainment and not deductible. As a result, choice D is the best one.
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An economy has a monetary base of 1,000 $1 bills. Calculate the money supply in scenarios a - d. Then answer part e. a. All money is held as currency Money supply = $ b. All money is held as demand deposits. Banks are required to hold 100% of deposits as reserves. Money supply = $ c. All money is held as demand deposits. Banks hold 20% of deposits as reserves. Money supply = $ d. People hold equal amounts of currency and demand deposits. Banks hold 20% of deposits as reserves. Round to the nearest dollar. Money supply = $ e. The central bank decides it should increase the money supply by 10%. By how much should it increase the monetary base to accomplish this goal in each scenario? Monetary base increase = $
Answer:
a. If all money is held as currency then the banks create no additional money and money supply is = $1,000
b. If all money is in banks but the banks are not loaning it out as they are keeping it in reserves, no loans will be created. Supply is still $1,000.
c. The total money is the amount of deposits multiplied by the money multiplier.
Money Multiplier = 1/required reserve
= 1/0.2
= 5
Supply = 1,000 * 5
= $5,000
d. With equal amounts held as currency and demand deposits, the money multiplier will be;
= [tex]\frac{1 + Currency deposit ratio}{ Reserve requirement + Currency deposit ratio}[/tex]
Currency deposit ratio is 1 as the ratio to demand deposits is equal which = 1.
= [tex]\frac{1 + 1}{1 + 0.2}[/tex]
= 1.67
Money supply = 1,000 * 1.67
= $1,670
e. If the Central bank increases the money supply by 10% then the monetary base would increase by;
= 10% * 1,000
= $100
