Answer:
talk to my dog, I think it would be entertaining
Answer:
Thought of the Day:
"People who wonder whether the glass is half empty or half full are missing the point. The glass is REFILLABLE."
Joke of the Day:
Why did the nurse need a red pen at work? In case she needed to draw blood.
Random Fact of the Day:
A giraffe's neck is (ironically) too short to reach the ground..
Journal Entry:
I were able to every communicate with animals, I would try my hardest to win them all over and convince them that they are all loved in the world.
Explanation:
This question was extremely fun! Thank you for posting! :)
CTSOs are especially helpful for people who are applying for which things? Check all that apply.
Explanation:
I believe it's for employment, military, college
Answer:
Employment. Military Services. College.
Explanation:
Kazi Ltd. a manufacturer of powder soap wants to double their previous financial year profit which was Sh. 5 Million, through improved sales strategies and aggressive marketing. The following data was provided. p = 320, v = 110, f = Sh. 1.2 Million i) Determine Profit if sales are 35,000 units
Answer:
the profit in the case when the sale is 35,000 units is 6,150,000
Explanation:
The computation of the profit is as follows:
= (Selling price - variable cost) × number of units sold - fixed cost
= (320 - 110) × 35,000 units - sh. 1.2 million
= 7,350,000 - 1,200,000
= 6,150,000
Hence, the profit in the case when the sale is 35,000 units is 6,150,000
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Gross Corporation adopted the dollar-value LIFO method of inventory valuation on December 31, 2019. Its inventory at that date was $1,100,000 and the relevant price index was 100. Information regarding inventory for subsequent years is as follows: Inventory at Current Date Current Prices Price Index December 31, 2020 $1,284,000 107 December 31, 2021 1,450,000 125 December 31, 2022 1,625,000 130 What is the cost of the ending inventory at December 31, 2021 under dollar-value LIFO
Answer: $1,175,000
Explanation:
Cost of ending inventory December 31, 2021;
= December 2019 ending inventory + {(Inventory at 2021 price/2021 index * 2019 index) - December 2019 ending inventory} * 2021 index / 2019 index
= 1,100,000 + {(1,450,000/125 * 100) - 1,100,000} * 125/100
= 1,100,000 + 75,000
= $1,175,000
Analysts look for red flags in financial statements that may signal financial trouble. Which of the following is a red flag that suggests that a company may be in trouble? A. a consistent movement in sales, merchandise inventory, and accounts receivable B. operating activities are a major source of cash flows C. a significant decrease in net income for several years in a row D. a reduction in the debt ratio
Answer:
C. a significant decrease in net income for several years in a row
Explanation:
A significant decrease in net income for several years in a row show that the firm is generating less revenue or its expenses are generally increasing at a rate greater than the sales. This may soon lead into a loss. A loss making firm will eventually have challenges in cashflow. So, this signals financial trouble.
Which business is exempt from using the accrual basis for accounting? A clothing manufacturer that has average gross annual receipts of $35 million over the last three years. An online retailer that has average gross annual receipts of $45 million over the last three years. A construction contractor who does not have any outstanding accounts receivable at the end of the tax year. A home improvement store that just began business last year and had $2.7 million in gross receipts.
Answer:
A home improvement store that just began business last year and had $2.7 million in gross receipts.
Explanation:
The IRS allows only a limited number of businesses to use cash basis accounting and in order to do so, the business must be:
Partnership or C corporation with less than $5 million in total sales revenue per yearSole proprietorship or S corporation with less than $1 million in total sales revenueCannot be a publicly traded corporationPersonal service businesses with more than 95% of revenue specifically related to services. Family owned farms with total annual sales revenue less than $25 million.The stock of Stock M has a beta of 1.48 and an expected return of 12.50 percent. The risk-free rate of return is 5 percent. What is the expected return on the market?
Answer:
10.07%
Explanation:
Calculation for the Expected return
Using this formula
Expected return =(Expected return-Risk-free rate)/Beta+Risk-free rate
Let plug in the formula
Expected return=(0.125 –0.05)/1.48 + 0.05
Expected return=0.075/1.48+0.05
Expected return=0.05068+0.05
Expected return=0.1007*100
Expected return=10.07%
Therefore the expected return on the market will be 10.07%
According to the Kinked Demand Curve Model, If one firm operating in an oligopoly raises its price and other firms do not do so, A. the sales of the firm with the higher price will decline slightly. B. the egos of all the top executives will eventually lead to cooperation at that higher price. C. the sales of the firm that increased its price will decline sharply. D. the firm with the increased price will have its higher profits sustained through cooperation.
Answer:
C. the sales of the firm that increased its price will decline sharply.
Explanation:
A kinked demand curve is basically a demand curve that changes direction at an specific point (generally the equilibrium price). When you are dealing with oligopolies, generally competing firms will match price cuts but they will not follow if instead the price increases.
If only one of the oligopolistic competitors increases their price while the others remain stable, sales volume will decrease. Kinked models are based on the assumption that oligopolies will compete focusing on factors other than price.
Why will the number of suppliers in the tourism industry decrease, and how will this consolidation of suppliers take place
Answer:
In the current negative economic climate, suppliers in the tourism industry are likely to consolidate because many small suppliers do not have enough revenue to continue operating, and in such situation, they can be easily absorbed by larger, more solvent competitors.
Besides, the industry had been consolidating in the years prior to the current crisis. For example, Airbnb, with its innovative business model and global reach, had made many small suppliers go out of business in several cities of the world.
Frolic Corporation has budgeted sales and production over the next quarter as follows: August September Sales in units Production in units July 50,000 71,200 62,000 62,300 66,650 The company has 6000 units of product on hand at July 1. 10% of the next month's sales in units should be on hand at the end of each month. October sales are expected to be 81,500 units. Budgeted sales for September would be (in units):__________.
A) 74,800
B) 65,000
C) 74,000
D) 72,850
what is a living will?
A. legal documents that gives directives on how things should be given to beneficiaries when you die.
B. legal document that begins with “this is my last will and testament”
C. legal document that states end of life medical care
D. legal document that names executors and provides codicils.
Answer:
I think it's B)
Explanation:
sorry if I get it wrong
Answer:
c is the correct answer
Explanation:
Stock in CDB Industries has a beta of .97. The market risk premium is 7.2 percent, and T-bills are currently yielding 4.2 percent. The most recent dividend was $2.60 per share, and dividends are expected to grow at an annual rate of 5.2 percent indefinitely. If the stock sells for $48 per share, what is your best estimate of the company's cost of equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answer:
11.04%
Explanation:
Using CAMP
Cost of Equity= Risk Free rate +Beta *Market risk Premium
= 4.2% + 0.97 *7.2%
= 11.18%
Using Dividend Discount Model:
Cost of Equity = (D1 / P0)+g
g= Growth rate =5.2% =0.052
D1 = Current Dividend * (1+g) = 2.60 * (1 +0.052) = 2.7352
P0 = Current Price =$48
Hence Cost of Equity = (2.7352 /48) + 0.052
=0.10898
=10.90%
Average Cost of Equity = (11.18+ 10.9 )/ 2 = 11.04%
. In an income statement segmented by product line, the salary of the corporation chief executive officer (CEO) should be: a. allocated to the product lines on the basis of sales dollars. b. allocated to the product lines on the basis of segment margin. c. classified as a traceable fixed expense and allocated to the product lines. d. classified as a common fixed expense and not allocated to the product lines.
Answer:
d. classified as a common fixed expense and not allocated to the product lines.
Explanation:
In the case when the income statement is segmnented by the product line so the salary of the chief executive officer (CEO) would be categorized as a common fixed expenses as it has fixed in a nature so it would not be allocated to the product lines
Therefore as per the given situation, the option D is correct
Hence, the same is to be considered
Macmillan Toys Inc. is looking to expand internationally and wishes to develop a new product line that is highly localized while keeping their cost structure below that of their rivals. Macmillan Toys Inc. has been successful with implementing a blue ocean strategy in their main strategic business units and as such wishes to pursue a ________ strategy for their international operations. Multiple Choice transnational multidomestic international global standardization
Answer:
Multi domestic strategy
Explanation:
Blue Ocean strategy is one in which a company puts emphasis on having a product that had more quality than the competition.
This implies that the company can make more profit as consumers are willing not pay higher price for the product.
Macmillan Toys Inc. is looking to expand internationally and wishes to develop a new product line that is highly localized while keeping their cost structure below that of their rivals.
They can do this by adopting the multidomestic strategy.
This strategy is designed to get maximum local response by tailoring the product and marketing approach to the country in which they are selling.
So different countries will have their unique product specifications
Macmillan Toys Inc. has been successful with implementing a blue ocean strategy in their main strategic business units and as such wishes to pursue a Transnational strategy.
What is a Transnational Strategy?A transnational strategy is adopted by businesses that wish to conduct their affairs across various nations.
This strategy ensures that there is cooperation and synergy between all the operational branches of the nation across the world. This strategy will be adopted by Macmillan Toys Incorporated.
Learn more about Transnational Strategy here:
https://brainly.com/question/25629927
Have you ever had your dream crushed before
Answer:
yes but dont let it slip away
Explanation:
Management anticipates fixed costs of $74,200 and variable costs equal to 35% of sales. What will pretax income equal if sales are $342,000?
A. $119,700.
B. $148,100.
C. $267,800.
D. $45,500.
E. $183,750.
Answer:
Pretax profit= $148,100
Explanation:
Giving the following information:
Management anticipates fixed costs of $74,200 and variable costs equal to 35% of sales.
Sales= $342,000
To calculate the pretax profit, we need to use the following formula:
Pretax profit= sales*contribution margin rate - fixed costs
Contribution margin rate= 1 - varaible cost rate
Contribution margin rate= 0.65
Pretax profit= 342,000*0.65 - 74,200
Pretax profit= $148,100
Consider the following financial statements about DANIEL Co. for the current year 2015
I/S for the year ended Dec. 31, 2015
Sales $16,000
CGS 10,000
Operating expenses 4,000
Profit from operations (EBIT) 2,000
Interest expense 200
EBT 1,800
Tax expense 600
NI $ 1,200
Additional information:
Operating expenses include $150 of depreciation expense and a $200 impairment loss on equipment.
A/R increased by $380
Inventory decreased by $100
Prepaid expenses related to operating expense increased by $80
A/P decreased by $360
Accrued liabilities related to operating expenses decreased by $180
Interest payable decreased by $20
Unearned revenue received from customers decreased by $34
Income tax payable increased by $40
Required:
Prepare CFO section of the cash flow statement under the (a) DIRECT (12 marks);
and (b) INDIRECT methods (8 marks)
Answer:
a. For the Year Ended December 31, 2015
Cash flows from operating activities:
Cash received from customers 15586
Cash paid to suppliers -10260
Cash paid for operating expenses -3910
Cash paid for interest -220
Cash paid for income taxes -560
Net cash flow from operating activities 636
Working:
Sales 16000
Less: Increase in accounts receivable -380
Less: Decrease in unearned revenue -34
Cash received from customers 15586
Cost of goods sold 10000
Add: Decrease in accounts payable 360
Less: Decrease in inventory -100
Cash paid to suppliers 10260
Operating expenses 4000
Less: Noncash expenses
Depreciation expense -150
Impairment loss -200
Cash operating expenses 3650
Add: Increase in prepaid expenses 80
Add: Decrease in accrued liabilities 180
Cash paid for operating expenses 3910
Interest expense 200
Add: Decrease in interest payable 20
Cash paid for interest 220
Income tax expense 600
Less: Increase in income tax payable -40
Cash paid for income taxes 560
(b) Partial Cash Flow Statement (Indirect Method)
For the Year Ended December 31, 2015
Cash flows from operating activities
Net income 1200
Adjustments to reconcile net
income to operating cash flows:
Depreciation expense 150
Impairment loss 200
Increase in accounts receivable -380
Decrease in inventory 100
Increase in prepaid expenses -80
Decrease in accounts payable -360
Decrease in accrued liabilities -180
Decrease in interest payable -20
Decrease in unearned revenue -34
Increase in income tax payable 40 -564
Net cash flow from operating activities 636
In the challenging world of retail sales, Macy's, Inc.'s (M's) revenues are declining while expenses are generally flat. Based on recent conversations with management at Macy's, analysts believe that dividends will decline at a rate of 7% perpetually. The firm just paid a dividend of $5.10 per share and the required return on the stock is 3%
a) At what price should a share of M stock sell today? (2 pts.)
b) Calculate what the stock should sell for 8 years from now. 12 pts.)
c) Briefly explain, perhaps with the aid of a single calculation, why an investor would still be interested in buying the stock today even though the stock price is predicted to fall acrosats time. (2 pts.)
Answer
a) Gordon's Constant Growth model : P0 = D1 / (r-g)
r = 3% =0.03 , g= -7% = -0.07 , D0 = $5.1
D1 = D0*(1+g)
D1 = 5.1*(1-0.07)
D1 = $4.743
P0 = 4.743/(0.03- (-0.07))
P0 = 4.743/0.10
P0 = $47.43
So, Stock M should sell at a price of $47.43 today
b) Price 8 years from now
==> P8 = D9/(r-g)
P8 = D0*(1+g)^9/(r-g)
P8 = 5.1* (1-0.07)^9 / (0.03- (-0.07))
P8 = 5.1*0.52041108298 / (0.03- (-0.07))
P8 = 2.65410
P8 = $26.54
c) Investor may want to buy the stock today for the Dividends. If the dividends paid are high enough, the present value of the dividends is also high and may more than compensate the fall in stock price. This type of stocks work and give cash flows like a project where the initial cashflows are higher and later cashflows are less because of market factors.
differences between generic and enterprise competition
Explanation:
Generic competition is competition among different products that solve the same purpose while enterprise competition is am orderly established business with limited liability of another person.
hope it helps!
Diamond and Turf Inc. is considering an investment in one of two machines. The sewing machine will increase productivity from sewing 130 baseballs per hour to sewing 234 per hour. The contribution margin per unit is $0.48 per baseball. Assume that any increased production of baseballs can be sold. The second machine is an automatic packing machine for the golf ball line. The packing machine will reduce packing labor cost. The labor cost saved is equivalent to $26 per hour. The sewing machine will cost $305,500, have an eight-year life, and will operate for 1,400 hours per year. The packing machine will cost $131,800, have an eight-year life, and will operate for 1,200 hours per year. Diamond and Turf seeks a minimum rate of return of 12% on its investments.Present Value of an Annuity of $1 at Compound InterestYear 6% 10% 12% 15% 20%1 0.943 0.909 0.893 0.870 0.8332 1.833 1.736 1.690 1.626 1.5283 2.673 2.487 2.402 2.283 2.1064 3.465 3.170 3.037 2.855 2.5895 4.212 3.791 3.605 3.353 2.9916 4.917 4.355 4.111 3.785 3.3267 5.582 4.868 4.564 4.160 3.6058 6.210 5.335 4.968 4.487 3.8379 6.802 5.759 5.328 4.772 4.03110 7.360 6.145 5.650 5.019 4.192A. Determine the net present value for the two machines. Use the table of present values of an annuity of $1 above.B. Determine the present value index for the two machines.C. If Diamond and Turf has sufficient funds for only one of the machines and qualitative factors are equal between the two machines, in which machine should it invest?
Answer:
A) Sewing machine:
initial outlay = -$305,500
net cash flow per year = (234 baseballs per hour - 130 baseballs per hour) x 1,400 hours x $0.48 per baseball = $69,888
NPV = -$305,500 + ($69,888 x 4.968) = -$305,500 + $347,203.58 = $41,703.58
Packing machine:
initial outlay = -$131,800
net cash flow per year = 1,200 hours x $26 per hour = $31,200
NPV = -$131,800 + ($31,200 x 4.968) = -$131,800 + $155,001.60 = $23,201.60
B) PVI of sewing machine = $347,203.58 / $305,500 = 1.137
PVI of packing machine = $155,001.60 / $131,800 = 1.176
C) They should invest in the packing machine since its PVI is higher, meaning that it increases the company's value by a higher amount per dollar invested.
explain the scope of macro economic.
g Coronado Industries sold some of its plant assets during 2021. The original cost of the plant assets was $902000 and the accumulated depreciation at date of sale was $842000. The proceeds from the sale of the plant assets were $89800. The information concerning the sale of the plant assets should be shown on Coronado's statement of cash flows (indirect method) for the year ended December 31, 2021, as a(n)
Answer and Explanation:
Since the following information is mentioned in the question
The purchase cost is $902,000
Accumulated depreciation is $842,000
The proceeds from the sale of plant asset is $89,800
So based on the above information, the sale of the plant asset would be shown in the investing activities of the cash flow statement in a positive amount
Hence it would be reported under the investing activities section
Cost standards for one unit of product no. C77: Direct material 3 pounds at $2.50 per pound $ 7.50 Direct labor 5 hours at $7.50 per hour 37.50 Actual results: Units produced 7,800 units Direct material purchased 26,000 pounds at $2.70 $ 70,200 Direct material used 23,100 pounds at $2.70 62,370 Direct labor 40,100 hours at $7.30 292,730 Use the information to compute the following variances. The standard hours allowed for the work performed are:
Answer:
Standard hours allowed= 39,000
Explanation:
Giving the following information:
Standard direct labor hours per unit= 5 hours
Actual results:
Units produced 7,800 units
To calculate the standard hours allowed, we need to multiply the number of units produced for the unitary standard direct labor hours:
Standard hours allowed= 7,800*5
Standard hours allowed= 39,000
Brizendine, Inc., manufactures and sells two products: Product R0 and Product B6. The production of Product R0 is 900 units and of Product B6 is 700 units. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity:
Estimated Expected Activity
Activity Cost Pools Activity Measures Overhead Cost Product R0 Product B6 Total
Labor-related DLHs $ 507,394 7,200 3,500 10,700
Product testing tests 9,464 300 500 800
Order size MHs 501,205 3,100 2,800 5,900
$ 1,018,063
The overhead applied to each unit of Product R0 under activity-based costing is closest to what?: (Round your intermediate calculations to 2 decimal places.)
a. $675.91 per unit
b. $292.61 per unit
c. $761.20 per unit
d. $636.29 per unit
Answer:
the overhead cost per unit is $675.91
Explanation:
The computation of the overhead applied to each unit is as follows:
Labour related ($507,394 ÷ $10,700 × $7,200) $341,424
Product testing ($9,464 ÷ 800 × 300) $3,549
Order size ($501,205 ÷ $5,900 × $3,100) $263,345
Total overhead $608,318
Divided by Units 900
Overhead cost per unit $675.91
hence, the overhead cost per unit is $675.91
Therefore the correct option is a.
ABC Inc.'s capital structure is 40% debt, 15% preferred, and 45% common equity, and its tax rate is 40%. For financing, (a) ABC sold a non-callable bond several years ago that now has 15 years to maturity with 8% annual coupon, paid semiannually, at a price of $1,065, and a par value of $1,000. (b) ABC sold a perpetual preferred stock for $95.50 per share, with a $7.50 annual dividend and a flotation cost of 3.00% of the price. (c) ABC also has beta
Answer:
The answer is B (im pretty sure)
Hope this helps plz consider marking brainliest
Explanation:
Select the examples of layoffs. Check all that apply. India loses her job as an Urban Planner because the city ran out of funding. Tori loses her job as a Foreign Service Officer because she is not good at communicating with or negotiating with foreign officials. Hunter loses his job as a Tax Examiner because he keeps making mistakes. Fidel loses his job as an Eligibility Interviewer because Legislators decided to cut his department, even though Fidel was very good at his job.
Answer:
Fidel loses his job as an Eligibility Interviewer because Legislators decided to cut his department, even though Fidel was very good at his job.
Explanation:
A layoff refers to the termination of an employment contract due to a shortage of work. Employers initiate layoffs. They may be a temporary suspension of employment or permanent termination.
Layoffs are not a result of an employee's fault or incompetency. They may be caused by declining revenue, some operations' shutdown, automation of processes, and outsourcing of some services.
Fidel's case was a layoff. There was no work available for him after his department was shutdown.
Answer:
A.) India loses her job as an Urban Planner because the city ran out of funding.
D.) Fidel loses his job as an Eligibility Interviewer because Legislators decided to cut his department, even though Fidel was very good at his job.
Explanation:
I don't have an explanation but I did get this right on edge
An investor implements a collar strategy by purchasing 100 shares of the Tesla stock at a price of $840 per share, selling 100 call options on the Tesla stock with a strike price $880 per share, and buying 100 put option on the Tesla with a strike price of $800. The premium of the call option is $35 per share and the premium of the put option is $32. At which stock price at the maturity of the option will the investor break even
Answer: $837
Explanation:
The following information can be gotten from the question:
Purchase price = $840 per share
Premium of call option = $35 per share
Premium of put option = $32 per share
From the above, the premium received will be:
= $35 - $32 = $3
Investors break even will then be:
= Purchase price - Premium received
= $840 - $3
= $837
Rorry Company uses a job cost system. Overhead was applied to production using a rate of 78 percent of direct labor costs. What is the journal entry when direct labor costs are $18,000
Answer:
Dr Work in Process Inventory for $14,040
Cr Manufacturing Overhead for $14,040
Explanation:
Based on the information given we were told that the company applied Overhead to production using a rate of 78% of direct labor costs which means that the journal entry when direct labor costs are the amount of $18,000 will be :
Dr Work in Process Inventory for $14,040
Cr Manufacturing Overhead for $14,040
(78%*18,000)
Construction ManagementA construction company is building a new neighborhood, and they are currently working on the design. Each house will be built using one of three main materials (e.g., wood, brick, or concrete), but no side-by-side houses can be made of the same material. Because each house will be of varying size and complexity, the cost of the materials for each house varies. Given the cost of using each material for each house, what is the minimum cost needed to complete the neighborhood
Answer:
Answer is described below.
Explanation:
POINTS TO NOTE:
1. Each house will be built using one (only one) of three major building materials - wood, brick, concrete.
2. The linear (in a line or side-by-side) arrangement of the houses will be such that no house will have the same material as the one beside it.
3. The cost of materials for each house will vary.
ANSWER: The minimum cost needed to complete the neighborhood depends on two things;
- The cost of each type of house (cost of a wood house, cost of a brick house, cost of a concrete house)
- The number of each type of house to be built. Or, the number of houses to be built; bearing in mind that they must be arranged without consecutive repetition. Hence, how much will a wood house cost? How much will a brick house cost? How much will a concrete house cost?
Knowing these, the minimum cost needed to complete the neighborhood can be found. If it's going to be 6 houses in the neighborhood for instance and a wood house costs $40, a brick house costs $50 and a concrete house costs $60; the minimum cost to set up the neighborhood will be:
2(40) + 2(50) + 2(60) = 80+100+120 = $300
The number of each type of house will be 2 because same-material houses cannot stay side-by-side. If the rule wasn't there and all the houses were to be concrete, the total cost would be 6(60) = $360
i would just like the people who run this know that priyanka2003 gave an incorrect answer
Answer:
Bruh thats mean smh
Explanation:
Perpetual Inventory Using Weighted AverageBeginning inventory, purchases, and sales for J101 are as follows:Oct. 1 Inventory480 units at $1413 Sale280 units22 Purchase600 units at $1629 Sale450 unitsa. Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the October 22 purchase. Round your answer to two decimal places.$fill in the blank 1160.44 per unit
Answer:
The weighted average unit cost after the October 22 purchase is $15.50
Explanation:
Under the weighted average method of inventory valuation, the closing inventory is valued at weighted average cost.
It can be calculated as follow
Weighted average unit cost = Inventory Balance / Numbers on units in Inventory
_________________________________ Balance
Date __ Details ___Units_ Rate__Value _ ( Units_Value __ WA cost )
Oct. 1 _ Inventory__480__ $14 __$6,720_( 480__$6,720__ $14 )
Oct.13 _Sale______280__ $14 __$3,920_( 200__$2,800__ $14 )
Oct.22 _Sale_____ 600__ $16 __$9,600_( 800__$12,400__$15.5 )
Placing outstanding values in the above formula
Weighted average unit cost = $12,400 / 800 units = $15.50 per unit