Answer:
Check Explanation.
Explanation:
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PLEASE HELP
What is the best approach to use when writing a proposal that is unsolicited?
A: direct approach
B: formal approach
C: persuasive approach
D: cautious approach
Answer:
C, persuasive approach
Explanation:
If the proposal is solicited, approach the letter of transmittal as a positive message, highlighting those aspects of that may give you a competitive advantage. - If the proposal is unsolicited, approach the letter as a persuasive message that must convince the reader that you have something worthwhile to offer.
Suppose that you open your own business and earn an accounting profit of $35,000 per year. When you started your business, you left a job that paid you a $30,000 salary annually. Also, suppose that you invested $70,000 of your own funds to start up your business.
If the normal rate of return on capital is 10 percent, your economic profit is
A. minus$5,000.
B. minus$2,000.
C. $5,000.
D. $2,000.
Answer:
B. minus$2,000.
Explanation:
The computation of the economic profit is shown below:
As we know that
Economic profit = Total revenue - Explicit costs - Implicit costs
= $35,000 - $30,000 - $7,000
= -$2,000
The implicit cost is come from
= $70,000 ×10%
= $7,000
We simply applied the above formula so that the economic profit could come
The manufacturing overhead budget at Polich Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 8,800 direct labor-hours will be required in February. The variable overhead rate is $9.20 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $109,120 per month, which includes depreciation of $18,240. All other fixed manufacturing overhead costs represent current cash flows. The February cash disbursements for manufacturing overhead on the manufacturing overhead budget should be:
Answer:
$171,840
Explanation:
To reach the number, we first add up variable manufacturing overhead and fixed overhead, and then, substract depreciation.
February
Budgeted direct labor hours 8,800
Variable overhead rate per direct labor hour $9.20
Variable manufacturing overhead $80,960
Fixed manufacturing overhead $109,120
Total manufacturing overhead $190,080
Less depreciation ($18,240)
Cash disbursement for manufacturing overhead $171,840
Presented here are selected transactions for the Leiss Company during April. Leiss uses the perpetual inventory system.
April
1 Sold merchandise to Mann Company for $4,000, terms 2/10, n/30. The merchandise sold had a cost of $2,500.
2 Purchased merchandise from Wild Corporation for $8,000, terms 1/10, n/30.
4 Purchased merchandise from Ryan Company for $1,000, n/30.
10 Received payment from Mann Company for purchase of April 1 less appropriate discount.
11 Paid Wild Corporation for April 2 purchase.
Journalize the april transactions for Leiss Company.
Answer and Explanation:
The journal entries are shown below:
On April 1
Account receivable Dr $4,000
To Sales revenue $4,000
(Being the sale of the merchandise is recorded)
For recording this we debited the account receivable as it increased the assets and credited the sales revenue as it also increased the sales
Cost of goods sold Dr $2,500
To Merchandise inventory $2,500
(Being the cost of goods sold is recorded)
For recording this we debited the cost of goods sold as it increased expenses and credited the inventory as it reduced the assets
On April 2
Merchandise Inventory Dr $8,000
To Account payable $8,000
(Being the purchase of merchandise is recorded)
For recording this we debited the inventory as it increased the assets and credited the account payable as it also increased the liabilities
On April 4
Merchandise Inventory Dr $1,000
To Account payable $1,000
(Being the purchase of merchandise is recorded)
For recording this we debited the inventory as it increased the assets and credited the account payable as it also increased the liabilities
On April 10
Cash $3,920
Sales discount $80 ($4,000 × 2%)
To Account receivable $4,000
(Being the cash receipts is recorded)
For recording this we debited the cash as it increased the assets and credited the account receivable as it reduced the assets plus the discount is debited to sales discount
On April 11
Account payable $8,000
To Merchandise inventory $80 ($8,000 × 1%)
To Cash $7,920
(Being the cash paid is recorded)
For recording this we debited the account payable as it reduced the liabilities and credited the cash as it reduced the assets plus the discount is credited to merchandise inventory
The transactions are journalized by debiting and crediting various accounts such as Accounts Receivable, Sales, Cost of Goods Sold, Inventory, and Accounts Payable. An example is the April 1st transaction, where $4,000 is debited to Accounts Receivable and credited to Sales, and $2,500 is debited to COGS and credited to Inventory.
Explanation:The process of recording these transactions into the official accounting records of the Leiss Company is known as journalizing. Here are the entries for April
April 1: Debit Accounts Receivable $4,000, Credit Sales $4,000. Debit Cost of Goods Sold (COGS) $2,500, Credit Inventory $2,500.April 2: Debit Inventory $8,000, Credit Accounts Payable $8,000.April 4: Debit Inventory $1,000, Credit Accounts Payable $1,000.April 10: Debit Cash $3,920 ($4,000 less 2% discount of $80), Debit Sales Discounts $80, Credit Accounts Receivable $4,000.April 11: Debit Accounts Payable $8,000, Credit Cash $8,000.Learn more about Journalizing here:https://brainly.com/question/31718461
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The government of Junta took Fuel Safe Corp., a domestic energy firm, into state ownership to save the company from bankruptcy. However, the other private competitors in the energy industry were enraged by this decision. As a result, the government had to reduce the tax burden on all private energy firms so that both the state-owned enterprise and private firms could coexist. What type of economy does this portray?
Answer:
These are the options for the question:
market-based
communist
command
laissez-faire
mixed
And this is the correct answer:
mixed
Explanation:
A mixed economy is an economy that either:
Mixes state intervention with a free-market economy.Has some sectors of the economy run in market-based style, and other sectors in a planned-style.Has coexistence of public enterprises and private enterprises.In the question, we have an example of a mixed economy because in the energy sector (a crucial sector in any economy), there is one public company competing against private companies.
The economy becomes even more mixed when the government lowers the tax rates of the private companies, so that both the public firm and the private firms compete under the same conditions.
Question 43 Big Moose Toys is a market pioneer introducing a modern version of Bubble the Moose, a character from an animated television series originally broadcast in the '50s and '60s. The company's version of Sandy the Flying Squirrel, a character from the show targeted to baby boomers, was a strong success. Since the firm is a market pioneer, it needs to make the new launch strategy for Bubble the Moose consistent with the intended ________. A. Pricing B. Product positioning C. Brand extension D. Prototype E. Fad
Answer: B. Product positioning
Explanation:
Product Positioning refers to the position a product occupies in the minds of it's consumers especially in relation to the products of other companies.
As they are relaunching the character, whatever strategy they use needs to account for how they want the product to be valued in the mind of the consumer and then act towards it in the same way they targeted baby boomers and succeeded.
The ultimate retail strategy is to offer consumers multiple brand–based "touchpoints" that leverage the strengths of each channel. Using a scenario of various touchpoints, describe what might happen after a company with an omni-channel strategy has sparked a customer’s interest using mobile advertising. The scenario should end with a customer service rep in a call center.
Answer:
Here, to explain this, a company with a truly integrated or omni channel strategy might spark a customer's interest using mobile advertising or direct mail catalogs. The customer then visits a brick and mortar store to examine the product firsthand and speak to a salesperson.
In-store purchases might be made using one of the mobile payment methods discussed later in this chapter. If the store does not have the particular size or color of the product desired, the customer might order it by accessing the store's e-commerce site with his or her smartphone by scanning a QR code placed strategically on an in-store display.
The product would then be delivered through the mail. Product returns could be handled through the mail or returned to the store, depending on what is most convenient for the customer. Customer service reps in a call center would have a record of the customer's purchase regardless of which channel the transaction had been completed through.
Redwood Corporation is considering two alternative investment proposals with the following data: Proposal X Proposal Y Investment $900,000 $488,000 Useful life 9 years 9 years Estimated annual net cash inflows for 9 years $130,000 $84,000 Residual value $42,000 $minus Depreciation method Straightminusline Straightminusline Required rate of return 15% 12% What is the accounting rate of return for Proposal Y? (Round any intermediary calculations to the nearest dollar, and round your final answer to the nearest hundredth of a percent, X.XX%.)
Answer:
6.1%
Explanation:
As per given data
Proposal X Proposal Y
Investment $900,000 $488,000
Useful life 9 years 9 years
Annual net cash inflows for 9 years $130,000 $84,000
Residual value $42,000 $0
Depreciation method Straight-line Straight-line
Required rate of return 15% 12%
Accounting rate of return is the ratio of average net income of a project and the average investment made in the project.
Accounting rate of return = Average Net income / Average Investment
As net cash inflows are given we need to deduct the depreciation from the cash flows to arrive at the net income for the period. As all cash flows are constant so, the average value will be equal to the single years value.
Average net income = Net cash inflows - Depreciation = Net cash inflows - ( Cost of Asset - Residual value ) / Useful life of asset = $84,000 - ( $488,000 - $0) / 9 = $84,000 - $54,222 = $29,778
Average Investment = $488,000
Placing Values in the formula
Accounting rate of return = $29,778 / $488,000 = 6.1%
The Accounting Rate of Return (ARR) for Proposal Y was calculated by first determining the Average Annual Accounting Profit, which is the annual net cash inflow minus the annual depreciation. With this value, the ARR formula was applied, resulting in an ARR of 6.1% for Proposal Y.
Explanation:The Accounting Rate of Return (ARR) for Proposal Y can be calculated using the following formula:
ARR = (Average Annual Accounting Profit/ Initial Investment) x 100
The Average Annual Accounting Profit is the annual net cash inflow less the annual depreciation. In this case, the initial investment is $488,000, the net cash inflow is $84,000, and depreciation is calculated as (initial investment - residual value) divided by the useful life: which is ($488,000 - 0) / 9, equaling about $54,222 (rounded to the nearest dollar).
Therefore, the Average Annual Accounting Profit is $84,000 - $54,222 equals to about $29,778 (to the nearest dollar).
Substituting these values into the formula gives: ARR = ($29,778 / $488,000) x 100 = 6.1%
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On January 2, 2018, the Matthews Band acquires sound equipment for concert performances at a cost of $66,400. The band estimates it will use this equipment for four years, during which time it anticipates performing about 200 concerts. It estimates that after four years it can sell the equipment for $1,000. During year 2018, the band performs 45 concerts.
Compute the year 2018 depreciation using the units-of-production method.
Answer:
14,715
Explanation:
The computation of depreciation using the units-of-production method is shown below:-
Depreciation per concert = (Original cost - Salvage value) ÷ Estimated total concerts
= $66,400 - $1,000) ÷ 200
= $65,400 ÷ 200
= 327
Depreciation in 2018 = Concerts in 2018 × Depreciation per concert
= 45 × 327
= 14,715
Chace is a manager at Westwick Inc., an advertising company. He regularly holds meetings with his subordinates to track their work progress and address issues that they might be facing. This way, Chace tries to ensure that issues are identified early and work is completed on time. In this case, Chace is using _____.
Answer:
concurrent control
Explanation:
Concurrent control (also known as steering or preventive control) is the process of monitoring activities in real time so as to identify and preventing problems from happening thereby producing the desired result and completion of activity in time. This involves applying regulations on the ongoing process based on standards, rules, codes, and policies so that they conform to the organization or company standards
Nvidia Corporation, a global technology company located in Santa Clara, California, reported the following information in its 2017 financial statements ($ in millions): 2017 2016 Balance sheets Property, plant, and equipment (net) $ 521 $ 466 Income statement Net sales for 2017 $ 6,910 Required: 1. Calculate the company’s 2017 fixed-asset turnover ratio
Final answer:
The fixed-asset turnover ratio for Nvidia Corporation in 2017 is calculated by dividing its net sales of $6,910 million by the average net PP&E of $493.5 million, resulting in a ratio of approximately 14.01.
Explanation:
To calculate the fixed-asset turnover ratio for Nvidia Corporation in 2017, we divide the net sales by the average net value of property, plant, and equipment (PP&E) for the year. The formula for the fixed-asset turnover ratio is Net Sales / Average Net Fixed Assets. We can use the net values of PP&E for 2017 and 2016 to find the average.
First, we calculate the average net PP&E:
Average Net PP&E = (PP&E at the beginning of the year + PP&E at the end of the year) / 2 = ($466 + $521) / 2 = $493.5 million
Next, we use the formula to find the fixed-asset turnover ratio:
Fixed-Asset Turnover Ratio = Net Sales / Average Net PP&E = $6,910 million / $493.5 million ≈ 14.01
The fixed-asset turnover ratio for Nvidia Corporation in 2017 is approximately 14.01.
On January 1, 2021, Julee Enterprises borrows $39,000 to purchase a new Toyota Highlander by agreeing to a 6%, 4-year note with the bank. Payments of $915.92 are due at the end of each month with the first installment due on January 31, 2021. Record the issuance of the note payable and the first two monthly payments. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your answers to 2 decimal places.)
Answer:
The answer
January 1.
Dr Cash $39,000
Cr Notes Payable $39,000
January 31
Dr Interest Expense $195
Dr Notes Payable $720.92
Cr Cash $915.92
February 28
Dr Interest Expense $191.40
Dr Notes Payable $724.52
Cr Cash $915.92
Explanation:
Annual Interest on the notes is $2,340(6% of $39,000)
Monthly interest will therefore be $195($2,340 ÷12 months)
Notes payable is $720.92($915.92 - $195)
For second month
$39,000 - $720.92 =$38,279.08
($38,279.08 x 0.06) ÷ 12 = $191.40
January 1.
Dr Cash $39,000
Cr Notes Payable $39,000
January 31
Dr Interest Expense $195
Dr Notes Payable $720.92
Cr Cash $915.92
February 28
Dr Interest Expense $191.40
Dr Notes Payable $724.52
Cr Cash $915.92
Assume Nortel Networks contracted to provide a customer with Internet infrastructure for $2,650,000. The project began in 2021 and was completed in 2022. Data relating to the contract are summarized below:
2021 2022
Costs incurred during the year $ 352,000 $ 2,025,000
Estimated costs to complete as of 12/31 1,408,000 0
Billings during the year 470,000 1,750,000
Cash collections during the year 405,000 1,815,000
Required:
1. Compute the amount of revenue and gross profit or loss to be recognized in 2021 and 2022 assuming Nortel recognizes revenue over time according to percentage of completion.
2. Compute the amount of revenue and gross profit or loss to be recognized in 2021 and 2022 assuming this project does not qualify for revenue recognition over time.
3. Prepare a partial balance sheet to show how the information related to this contract would be presented at the end of 2021 assuming Nortel recognizes revenue over time according to percentage of completion.
4. Prepare a partial balance sheet to show how the information related to this contract would be presented at the end of 2021 assuming this project does not qualify for revenue recognition over time.
Answer:
Multiple Answers
Explanation:
1. Over Time
a) Begin w/ Percentage of Revenue Method:
Actual Costs to Date / Estimated Total Costs = % Complete to Date
2021:
$352,000 / ($352,000 + $1,408,000) =
$352,000 / $1,760,000 = 20%
2022:
($352,000 + $2,025,000) / ($352,000 + $2,025,000)
$2,377,000 / $2,377,000 = 100%
b)
2021:
Construction Revenue: (20% * $2,650,000) = $530,000
Less: Construction Expenses: $352,000
Gross Profit: $178,000
c)
2022 (subtract out 2021 costs):
Construction Revenue: $2,650,000 - $530,000 = $2,120,000
Less: Construction Expenses: $2,377,000 - $352,000 = $2,025,000
Gross Profit: $273,000 - $178,000 = $95,000
2. Upon Completion:
2021:
Revenue: $0
Gross Profit: $0
2022:
Revenue: $2,650,000
Gross Profit: $273,000
3. Over Time:
Current Assets:
A/R: $470,000 - $405,000 = $65,000
Costs & Profits in Excess of Billings: $530,000 - $470,000 = $60,000
4. Upon Completion:
Current Assets:
A/R: $470,000 - $405,000 = $65,000
Current Liabilities:
Billings in Excess of Profit & Cash: $470,000 - $352,000 = $118,000
Palante actually produced 8,000 units. The controller decided to compare their actual results to their budget. The following budget information is available: Expected Costs and Selling Price Based on 5,000 units: Variable manufacturing costs per unit $50 Fixed manufacturing costs per unit $20 Selling price per unit $80 Expected production level 5,000 units In the flexible budget, what is the total manufacturing cost? Group of answer choices $560,000 $80,000 $400,000 $500,000 $350,000
Answer:
$500,000
Explanation:
The computation of total manufacturing cost is shown below:-
Flexible Budget Manufacturing Cost = Variable cost of Manufacturing at actual units + Estimated Fixed Manufacturing Costs at the budgeted Units
= (8,000 Units × $50 per unit) + (5,000 Units × $20 per unit)
= 400,000 + 100,000
= $500,000
So, for computing the Flexible Budget Manufacturing Cost we simply applied the above formula.
The Porch Cushion Company manufactures foam cushions. The number of cushions to be produced in the upcoming three months follows: Each cushion requires 2 pounds of the foam used as stuffing. The company has a policy that the ending inventory of foam each month must be equal to 30% of the following month's expected production needs. How many pounds of foam does The Porch Cushion Company need to purchase in August?
Answer: 25,200 pounds
Explanation:
Your question is incomplete as it lacked the first part. I attached a completion that I found.
The company has a policy that the ending inventory of foam each month must be equal to 30% of the following month's expected production needs.
This means that in August, the Opening inventory will be 30% of what was is needed in August and the Closing Inventory will be 30% of what is needed in September.
Remember that each cushion requires 2 pounds of foam as stuffing.
Pounds required in August
= 12,000 cushions * 2
= 24,000 pounds
Opening Stock
= 30% * (12,000 * 2)
= 7,200 pounds
Closing stock
= 30% * ( 14,000 * 2)
= 8,400 pounds.
Foam needed to be purchased in August = Pounds required tonbe produced + Closing Stock - Opening Stock
= 24,000 + 8,400 - 7,200
= 25,200
25,200 pounds of foam are what The Porch Cushion Company needs to purchase in August.
Sammy has worked for a company with a retirement program, and today is retiring from her job with the amount of $105 in her retirement account. She decides to withdrawal an equal amount from this account, once a year, beginning immediately, and ending 17 years from today (for a total of 18 payments). If the interest rate is 6.50%, solve for the annuity amount such that she uses up her full accumulation.
Answer:
Annuity amount is $9.45
Explanation:
The amount that Sammy can withdraw from the account each can computed using the PMT formula in excel as follows:
=pmt(rate,nper,pv,fv,type)
rate is the of return on the account which is 6.5%
nper is the number of withdrawals to be made from the account which is 18 withdrawals
pv is the amount in the account presently i.e $105
fv is the total amount of withdrawals from the account which is not known hence taken as zero
type is 1 for annuity due such as this one,0 for ordinary annuity
=pmt(6.5%,18,-105,0,1)
=$9.45
The Annuity amount is $9.45
Calculation of the annuity:Here we use the PMT formula:
=pmt(rate,nper,pv,fv,type)
here
rate = 6.5%
nper = 18 withdrawals
pv i.e $105
fv = zero
And, type is 1 for annuity due like this one,0 for ordinary annuity
So,
=pmt(6.5%,18,-105,0,1)
=$9.45
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Ziva is an organic lettuce farmer, but she also spends part of her day as a professional organizing consultant. As a consultant, Ziva helps people organize their houses. Due to the popularity of her home-organization services, Farmer Ziva has more clients requesting her services than she has time to help if she maintains her farming business. Farmer Ziva charges $25 an hour for her home-organization services. One spring day, Ziva spends 10 hours in her fields planting $130 worth of seeds on her farm. She expects that the seeds she planted will yield $300 worth of lettuce. Refer to Scenario 13-3. Ziva's economic profit from farming equals a. −$130. b. $170. c. $130. d. −$80.
Answer:
The correct answer is:
-$80 (d.)
Explanation:
in order to calculate this, we have to determine the total income earned from farming, and the total income that could have been earned if Ziva had done her consultancy service, and calculate the difference. This is shown as follows:
farming business
cost of seeds = $130
income from seeds = $300
Net income from farming = 300 - 130 = $170
Home-organizing service
charge per hour = $25
time spent on field that would have been used for consultancy = 10 hours
total amount that would have been earned for consultancy = 25 × 10 = $250
Difference between income earned for farming and the income that would have been earned for home-organizing serving = 170 - 250 = -$80
Note that the negative sign is there because Ziva indulged in the activity with the lesser income so she effectively made an economic loss instead of a profit (she made a negative profit).
The Atlantic City Expressway is a highway that runs from outside Philadelphia to Atlantic City, New Jersey. It is notoriously congested during the summer weekends when many people are driving to the beach about the same time. Because drivers who decide to take this road ignore the impact of their driving on overall traffic congestion the result is ________ cars on the road than the efficient number of cars and a deadweight loss is ________.
Answer:
more, created
Explanation:
In simple words, A negative externalize or dead weight loss relates to the expense to economy that is caused by market mismanagement, when market forces go out of balance. Primarily utilized in economics, the loss of dead weight may be extended to any deficit induced by inadequate prioritization
In the given case, the cars on the road are more than the handling capacity thus, it will obviously result in dead weight loss. .
The Atlantic City Expressway experiences a negative externality during peak travel times as more cars on the road than the efficient number lead to increased traffic congestion and a deadweight loss.
Explanation:The scenario described with the Atlantic City Expressway during summer weekends is an example of a market inefficiency known as a negative externality. When individual drivers choose to drive to the beach, they ignore the impact of their driving on the overall traffic congestion.
This behavior typically results in more cars on the road than would be considered efficient, as each driver does not account for the congestion they add to the road. Consequently, there is a deadweight loss, which is an indication of inefficient resource allocation, leading to a loss of societal welfare.
Such negative externalities can occur when the interstate highway system fails to account for the social costs of congestion, thus leading to overuse and traffic jams. While toll roads aim to offset the cost of the construction and maintenance of roads, they may not always be efficient due to the high cost of collection and the resulting stop-and-go traffic, which itself can contribute to congestion.
As cities and suburbs grow and more people rely on cars, the federal interstate system faces increased pressure. Policies to manage traffic and to fund infrastructure may not always keep up with this growth, exacerbating the issues of congestion, as seen in busy regions such as Washington, D.C., or the urban centers of India. The inefficiencies described lead to higher levels of pollutants, fuel consumption, commutes, and overall societal costs.
Which of the following statements is true regarding the attraction-selection-attrition (ASA) process? The ASA process aids organizations in maintaining the relative heterogeneity of employee personalities and values. Individuals self-select the companies for which they choose to work. Due to economic circumstances, companies today hire people for fit with the job only and are much less concerned about fit with the culture. New organization members are rarely taught the "way of business" in the firm; they simply acquire that knowledge through daily activities. Person-organization misfit has only a minor impact on employee turnover.
Answer:
Individuals self-select the companies for which they choose to work.
Explanation:
In simple words, Benjamin Schneider developed the attractiveness-selection-attrition (ASA) paradigm as a behavioral testable theory that depicts why companies look and behave the manner they do. People are drawn by, chosen and maintained in psychological qualities in organisations whose participants are identical to oneself.
The statement that is true about the attraction-selection-attrition is The ASA process aids organizations in maintaining the relative heterogeneity of employee personalities and values.
The attraction-selection-attrition is a model that was created by Benjamin Schneider. The model is a theory of psychology that explains the reasons why firms are the way and feel the way that they are.
This framework is used to understand the behavior of organizations. In this theory, the organization is said to be due to the people that are there and the founders and top employees.
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Principal, Inc. is acquiring Secondary Companies for $38,000 in cash. Principal has 4,500 shares of stock outstanding at a market price of $31 a share. Secondary has 1,600 shares of stock outstanding at a market price of $22 a share. Neither firm has any debt. The net present value of the acquisition is $2,400. What is the price per share of Principal after the acquisition
Answer:
$31.53 Price per share
Explanation:
[(4,500 ×$31) + $2,400] / 4,500
=$139,500+$2,400/4,500
=$141,900/4,500
= $31.53
Therefore the price per share of Principal after the acquisition is $31.53 Price per share
Two online travel companies, E-Travel and Pricecheck, provide the following selected financial data: ($ in thousands) E-Travel Pricecheck Total assets $ 5,337,156 $ 1,730,224 Total liabilities 2,854,475 472,610 Total stockholders’ equity 2,482,681 1,257,614 Sales revenue $ 2,755,426 $ 2,138,212 Interest expense 80,233 20,084 Tax expense 146,400 43,168 Net income 291,526 481,472 Required: 1-a. Calculate the debt to equity ratio for E-Travel and Pricecheck. (Enter dollar answers using amounts given in thousands of dollars and round ratios to 2 decimal places.)
Answer:
E-travel-1.15
Pricecheck-0.38
Explanation:
Debt to equity ratio compares the finance provided by outsiders viz-a-viz that which is provided by the original owners of the company,the shareholders, in order to determine whether or not the company is at risk of slow growth if outsiders withdraw their funds.
Debt to equity=total liabilities/equity
E-Travel:
total liabilities is $2,854,475
total equity $2,482,681
debt-equity ratio=$2,854,475/$2,482,681=1.15
Debtholders provided more capital funding than the stockholders
Pricecheck:
total liabilities is $472,610
total equity is $1,257,614
debt-to-equity ratio=$472,610/$1,257,614 =0.38
The debt to equity ratio for E-Travel is 1.15, and for Pricecheck, it is 0.38. This ratio measures a company's financial leverage by comparing its total liabilities to its shareholders' equity, indicating how much debt the company has used to finance its assets relative to the value of shareholders' equity.
Explanation:The debt to equity ratio is a financial metric that assesses a company's financial leverage by comparing its total liabilities to its shareholders' equity. For E-Travel, the calculation is as follows:
Debt to Equity Ratio = Total Liabilities / Total Stockholders' Equity
= $2,854,475 / $2,482,681 = 1.15 (rounded to two decimal places)
For Pricecheck, the calculation is:
Debt to Equity Ratio = Total Liabilities / Total Stockholders' Equity
= $472,610 / $1,257,614 = 0.38 (rounded to two decimal places)
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Jones Manufacturing incurred fixed overhead costs of $8,000 and variable overhead costs of $4,600 to produce 1,000 gallons of liquid fertilizer. It takes 2 hours of direct labor to produce 1 gallon of fertilizer. The standard hours allowed to produce 1,000 gallons of fertilizer is 2,000 hours. Predetermined overhead rate is $5/direct labor hour. What is the total overhead variance? $2,000U. $5,400U. $10,600U. $2,600U.
Answer:
Jone Manufacturing
Total Overhead Variance = $2,000U.
Explanation:
Variance is the difference between budgeted and actual expense. It is favorable when the actual is less than the budgeted amount. It is unfavorable when the actual is more than the budgeted amount. It is neither favorable nor unfavorable when the actual equals the budgeted amount.
Variance analysis as a budgeting tool is used to evaluate the performance of management in managing costs, relative to the activity levels.
In Jones Manufacturing, actual and budgeted costs are calculated as follows:
Actual costs:
Fixed overhead = $8,000
Variable overhead = $4,600
Total = $12,600
Budget costs:
Fixed overhead = $10,000 (2,000 hours x $5)
Variable overhead = $4,600
Total = $14,600
Variance = budgeted overhead minus actual overhead
= $14,600 - $12,600 = $2,000U
Delaware Corp. prepared a master budget that included $16,360 for direct materials, $28,100 for direct labor, $14,315 for variable overhead, and $38,900 for fixed overhead. Delaware Corp. planned to sell 4,090 units during the period, but actually sold 4,300 units. What would Delaware’s variable overhead cost be if it used a flexible budget for the period based on actual sales? (Do not round your intermediate calculations.)
Answer:
$15,050
Explanation:
The computation of the variable overhead cost in case of flexible budget is shown below:
= Actual sales units × Variable overhead at budgeted sales ÷ Budgeted sales units
= 4,300 units × $14,315 ÷ 4,090 units
= $15,050
We simply applied the above formula so that the variable overhead cost could come for flexible budget
Please fill in the blanks with appropriate option.
1. A dramatic decrease in tax rates for all Americans over a period of several years leads to a massive, positive demand shock. Before the market has time to adjust, the result of this positive demand shock is ________
2. As the economy responds to gaps caused by different shocks, the focus shifts to the ________ which is the difference between actual output and potential output.
3. A sudden movement of the AD curve, in a positive or negative direction, is known as __________.
4. Due to several months of negative performance, consumer confidence and expectations in the stock market fall dramatically, leading to a negative demand shock. The resulting situation will create an _________.
5. __________ is a sudden movement of the SRAS curve in either a positive or negative direction.
6. After adjusting to the effects of shocks, the economy experiences an eventual return to equilibrium in the long run. This is due in large part to the ability of the economy to undergo an ____________.
Answer: Please refer to Explanation
Explanation:
1. Inflationary Gap.
Due to the availability of more disposal income due to tax cuts, more amount is being spent on consumption leading to a rise in actual GDP which is more than the potential GDP as the economy has not adjusted.
2. Output Gap.
This is the difference between the Actual GDP and the Potential GDP.
3. Demand Shock
This increases or reduces Aggregate Demand due but only temporarily.
4. Recessionary Gap.
This is where actual GDP falls below Potential GDP.
5. Supply Shock.
Like a demand shock, it suddenly increases or reduces the supply of goods and services. It is temporary as well.
6. Self Correction
Economists believe that in the long run, the Economy is capable of adjusting to shocks and returning to it's potential and natural levels.
The manager of Synergy Company's Stock Division projects the following for next year: Sales $195,000 Operating income 70,000 Average Operating assets 385,000 The manager can invest in an additional project that would require $50,000 investment in additional assets and would generate $9,000 of additional income. The company's minimum rate of return is 15%. What is the residual income for the Stock Division without the additional investment?
Answer: $12,250
Explanation:
Given Data;
Sales = $195,000
Operating income = $70,000
Average Operating assets = 385,000 Additional investment = $50,000
minimum rate of return is = 15%.
Residual income = operating income - (minimum required return x operating assets).
= $70,000 - ( 0.15 * 385,000)
= $12,250
Residual income without the Added investments is $12,250
Matching Exercise: Match the type of bond to its definition. a)The Catastrophe Bond: b)A Warrant Bond: c)An Income bond: d)A Convertible bond: e)A Put bond:
Answer:
Match the type of bond to its definition.
a)The Catastrophe Bond:
This bond is security emitted by a company to raise funds in the form of debt because it suffered a natural disaster and needs liquidity.
b)A Warrant Bond:
This type of bond is emitted by a company to favor the holder for the right to buy a stock at a price that will be decided by the company at the moment of the warrant bond expedition. This price is not linked to the market stock price at the moment of execution.
c)An Income bond:
This security is a bond that compromises the company to pay the established amount if the company makes enough earnings to issue the fraction established of the debt,
d)A Convertible bond:
This type of security provides a stable payment for the holder as payment for the lending of a certain amount of money. However, it has a special right to be converted in stock if the holder wants it.
e)A Put bond:
This type of security compromises the issuer to buy a certain stock from the holder at a certain price with a certain duration.
Explanation:
The reasons to back this answer are:
a)The Catastrophe Bond:
This bond is security emitted by a company to raise funds in the form of debt because it suffered a natural disaster and needs liquidity. This is a very effective bond to issue debt in any unexpected event.
b)A Warrant Bond:
This type of bond is emitted by a company to favor the holder for the right to buy a stock at a price that will be decided by the company at the moment of the warrant bond expedition. This price is not linked to the market stock price at the moment of execution. This is a very good bond to reward management for good results.
c)An Income bond:
This security is a bond that compromises the company to pay the established amount if the company makes enough earnings to issue the fraction established of the debt, This is a very good bond to not compromise to use a payment of a debt, and keeping it outside a bad scenario for the company.
d)A Convertible bond:
This type of security provides a stable payment for the holder as payment for the lending of a certain amount of money. However, it has a special right to be converted into stock if the holder wants it. This bond is very good to increase the stocks in the market and reduce the sare price to pump it.
e)A Put bond:
This type of security compromises the issuer to buy a certain stock from the holder at a certain price with a certain duration. This type of bond is very good to sell short the position of a company with bad performance.
Final answer:
A Catastrophe Bond is a high-yield instrument for catastrophe risks; a Warrant Bond includes stock purchase rights; an Income Bond pays interest based on profitability; a Convertible Bond can be exchanged for stock; and a Put Bond may be sold back to the issuer before maturity.
Explanation:
To match the type of bond to its definition:
a) The Catastrophe Bond: A high-yield debt instrument designed to raise money in case of a catastrophe such as an earthquake or a hurricane. The issuer is generally an insurance company looking to pass on potential risks to investors. Bonds are forfeited to pay for the losses if a catastrophe occurs.b) A Warrant Bond: This bond includes warrants which give the holder the right to purchase the company's stock at a specific price within a certain timeframe.c) An Income bond: Unlike regular bonds, income bonds pay interest only if the issuing company is profitable, thus the payments can be suspended without leading to default.d) A Convertible bond: A type of bond that can be converted into a predetermined number of the company's equity stock at certain times during its life, usually at the discretion of the bondholder.e) A Put bond: A bond that allows the holder to force the issuer to repurchase the security at specified dates before maturity.The terms risk, investment considerations, corporate bond, municipal bond, savings bond, Treasury note, Treasury bond, Treasury bill, Individual Retirement Account (IRA), capital market, money market, primary market, and secondary market are essential to understanding the various types of bonds and their respective markets.
If your organization performs nonroutine tasks in a complex environment and you wanted to empower the managers closest to the environment to make decisions and quickly implement them, which type of organizational structure would you likely choose? Subordinates’ need for direction and supervision most influences which aspect of organizational structure? If your firm’s environment is stable, what type of structure would you likely choose?
To empower managers in a complex environment, a flat organizational structure with decentralized decision-making is preferred. Subordinate needs for direction influence whether a Theory X hierarchical or Theory Y flat structure is used. In stable environments, bureaucratic or hierarchical structures are typically chosen.
Explanation:If an organization performs nonroutine tasks in a complex environment and wishes to empower managers to make decisions quickly and implement them, a flat organizational structure would likely be chosen. Flat structures are characterized by fewer hierarchical levels, a broader span of control, and typically encourage decentralized decision-making which is essential for managers to respond with agility to the complexities of their environment. This approach aligns with the contemporary trend of breaking down traditional hierarchies in favor of promoting teamwork and collegial relationships within the workplace.
When subordinates' need for direction and supervision significantly influences an aspect of organizational structure, it is a reflection of whether an organization should be more aligned with Theory X, which suggests a more hierarchical, directive approach, or Theory Y, which supports employee autonomy within a flat structure. The relationship between leadership and subordinates varies with individual autonomy; those requiring more structure benefit from a well-defined work environment, while autonomous employees thrive under leaders who offer flexibility and empowerment.
For firms operating in a stable environment, a more traditional and structured organizational format, such as a bureaucratic or hierarchical structure, may be suitable. Such structures tend to have clear, defined roles and responsibilities, with established procedures that lend themselves to stability and consistency in operations.
The 2013 Income Statement and other selected financial information for Company A, as well as projected amounts for 2014, are shown below. There are no planned gains or losses on disposal of assets in 2014. Assume a tax rate of 35 percent. What is the projected Free Cash Flow (FCF) for 2014? Company A 2013 2014 Revenues 2,000 2,200 Operating Expenses 1,400 1,540 Operating Income 600 660 Interest Expense 100 100 Pretax Income 500 560 Tax Expense 175 196 Net Income 325 364 Depreciation and Amortization 100 100 Capital Expenditure 100 120 Working Capital at Year End 200 220
Answer:
Explanation:
The problem requires excel work so that is why the below picture is attached for good explanation and I hope it helps you. Thank you.
Answer:
The projected Free Cash Flow (FCF) for 2014 is $389
Explanation:
In order to calculate the projected Free Cash Flow (FCF) for 2014 we would have to use the following formula:
Free Cash Flow 2014=Net income+Interest Expense-tax shield on interest expense+non cash expenses-change in working capital-capital expenditures
tax shield on interest expense=100*0.35=35
Free Cash Flow 2014=$364+$100-$35+$100-$20-$120
Free Cash Flow 2014=$389
The projected Free Cash Flow (FCF) for 2014 is $389
Giving brainliest for CORRECT awnser.
Answer: A
Explanation:
Answer:
D. There is a greater risk that a longer-term loan will not be repaid.
Explanation:
People are forgetful, so they may forget. Another reason is that the person may pass away, and if there is no close relatives, then the bank will have to take the loss. Also, having a longer term may also result in people fleeing the country before they repay, which may also lead to a loss for the bank.
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Regulatory focus theory suggests that ____.consumers will react differently depending on which broad set of motives is most inconspicuouswhen prevention-focused motives are less salient, consumers seek to avoid negative outcomeswhen promotion-focused motives are less salient, consumers seek to gain positive outcomesconsumers will react differently depending on which broad set of motives is most salientwhen promotion-focused motives are most salient, consumers are less eager and less risk-seeking decision makers
Answer:
The correct answer is consumers will react differently depending on which broad set of motives is most salient.
Explanation:
All of us as consumers always try to implement different strategies when obtaining a product.
This has an impact on the reasons why people react to a stimulus and make decisions when choosing a product.
Consumers can react in various ways, positively or negatively. Regulatory focus theory suggests that consumers will react differently depending on which broad set of motives is most salient.
That is to say that the decision of a consumer when choosing a product will be positively influenced if the reasons are more prominent, since they will appeal to their emotions and their decision will be made quickly and accurately.