Answer: D.) $117,550
Explanation:
Tomas capital balance = $83,500
Saturn capital balance = $16,200
Net income = $45,400
Income sharing ratio = 3 : 1
Total ratio = 4
Share ( $45,400 ÷ 4) = $11,350
Tomas's share ($11,350 × 3) = $34,050
Tomas's capital balance after closing the revenue and expense accounts to the capital accounts;
(Initial capital balance + share of income)
$(83,500 + 34,050) =$117,550
Hayes Corporation has $300 million of common equity on its balance sheet and 6 million shares of common stock outstanding. The company's Market Value Added (MVA) is $162 million. What is the company's stock price?
Answer: $77
Explanation:
Given the following;
Total Book value of common equity = $300,000,000
Total outstanding shares = 6,000,000
Market Value Added (MVA) = $162,000,000
Stock price =( Market value of equity + Total Book value of equity) ÷ Number of outstanding shares
Stock price = ($162,000,000 + $300,000,000) ÷ 6,000,000
Stock price = $462,000,000 ÷ 6,000,000
Stock price = $77
Company's stock price is $77
Match the items below to show the risks, benefits, and powers of stockholders. A. Risk of being a stockholder B. The benefit of being a stockholder C. Power of a stockholder Stockholders aren't guaranteed a return on their investment Stockholders receive dividends when the company makes a profit Stockholders can sell their shares in the company at any time
Question:
Match the items below to show the risks, benefits, and powers of stockholders.
A. Risk of being a stockholder
B. The benefit of being a stockholder C. Power of a stockholder
1. Stockholders aren't guaranteed a return on their investment.
2. Stockholders receive dividends when the company makes a profit
3. Stockholders can sell their shares in the company at any time
Answer:
A. Risk of being a stockholder : 1. Stockholders aren't guaranteed a return on their investment.
B. The benefit of being a stockholder: 2. Stockholders receive dividends when the company makes a profit
C. Power of a stockholder: 3. Stockholders can sell their shares in the company at any time
Explanation:
A stockholder is a person that can also be referred to as a shareholder in a company or a firm that is private or public.
Stockholder or shareholder is a person that owns by legal rights the stocks present in a company's shares.
Stockholders benefit from the companies that they have shares in when ever the dividends from the company's profit are made public by the company. They also have the right to vote about who sits on a company's board. Stockholders can sell their shares in a company anytime they want.
One of the risks associated with been a stockholder is that a return on your investment by the company you own shares in cannot be guaranteed.
Answer:
Risk of being a stockholder: Stockholders aren't guaranteed a return on their investment
Benefit of being a stockholder: Stockholders receive dividends when the company makes a profit
Power of a stockholder: Stockholders can sell their shares in the company at any time
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Field Farms and Gourmet Restaurant enter into a contract for a sale of produce. After Field Farms ships the lettuce but before the restaurant receives it, the buyer declares bankruptcy. The seller can stop delivery of the goods in transit:
a. only if the quantity is at least a carload.b. only if the quantity is at least a planeload.c. only if the quantity is at least a truckload.d. regardless of the quantity.
Answer: D.) Regardless of the quantity.
Explanation: Declaration of bankruptcy is usually triggered by an organization or company in debt, declaring bankruptcy involves a legal process whereby the organization in question is examined and researched by evaluating it's liabilities and assets, so that they can seek relief from their debt. Once the buyer, gourmet declares bankruptcy, the contract between both companies can be terminated in transit regardless of the quantity of goods demanded, this is because gourmet declaring bankruptcy means the company will almost certainly be unable to pay for the demanded goods.
Under UCC Section 2-705, a seller has the right to stop delivery of goods in transit if the buyer becomes insolvent, d) regardless of the quantity being shipped. This protects the seller's interests if the buyer cannot pay.
This question pertains to the legal provisions related to stopping delivery of goods in transit when a buyer declares bankruptcy. Under the Uniform Commercial Code (UCC) Section 2-705, a seller may stop delivery of goods in transit if the buyer becomes insolvent. This right to stop delivery applies regardless of the quantity of goods being shipped, meaning that the seller can exercise this right without consideration to whether the shipment is a carload, planeload, or truckload.
Therefore, the correct answer is:
d. regardless of the quantity.
This ensures that sellers have the ability to protect their interests when the buyer cannot fulfill their financial obligations.Let's also review the relevant concepts:
Insolvency: When a buyer is unable to pay their debts as they come due.Uniform Commercial Code (UCC): A set of laws that provide legal guidelines regarding commercial transactions in the United States, including the sale of goods.Madrid Company plans to issue 9% bonds with a par value of $4,200,000. The company sells $3,780,000 of the bonds at par on January 1. The remaining $420,000 sells at par on July 1. The bonds pay interest semiannually on June 30 and December 31. 1. Record the entry for the first interest payment on June 30. 2. Record the entry for the July 1 cash sale of bonds.
Answer:
Journal entries is seen below
1. Interest payment expenses $170,100
To cash $170,100
2. Cash $420,000
To bond payable $420,000
Explanation:
Journal entries with explanations.
1. Interest expenses $170,100
To cash $170,100
(It is recorded being the first interest payment)
The working is as seen below;
= $3,780,000 x 9% x 6 months ÷ 12 months
= $170,100
As per the recording, the interest expense was debited because it increased the expenses while cash is paid which reduced the cash balance hence credited.
2. Cash $ 420,000
To bond payable $420,000
(Being the cash sale of bond that is recorded.)
For the recording, cash was debited as it was received because it increased the cash balance and also credited to bond payable account.
I need someone to answer this fast is anyone good at accounting and is willing to help me for a while ?
Answer:
Why not
Explanation:
Here at brainly there are more than 150 million users, so all you have to do is go to the home page write your question at the ask question section and wait till any user answers that. Otherwise, you can also message me the question. I will answer that and I am a Chartered Accountant. So I will answer your question.
Monetary neutrality is the idea that money is neutral in the –. it is a means of exchanging, tracking, and storing value, but is not a – of value. an economy does not become inherently more or less – by virtue of a change in the amount of money in circulation. real productivity depends on resources, technology, and –.
Answer:
Monetary neutrality is the idea that money is neutral in the long run. It is a means of exchanging, tracking, and storing value, but is not a source of value. An economy does not become inherently more or less productive by virtue of a change in the amount of money in circulation. Real productivity depends on resources, technology,and institutions.
Explanation:
Money Neutrality is a term that connotes the fact that real values, not nominal values are affected when there is a change in money supply. The term explains the fact that money is a neutral item, which does not affect the structure of a economy.
So if the central bank decides to print more money and supply it to people, there would simply be an increase in demand as well as the prices of goods and services. However, fundamental aspects of the economy, would remain unaffected by this. Some of these basic aspects of the economy, are working knowledge and skills, unemployment levels or the presence of investors.
If I have the only telephone in town, it is essentially worthless. Then other people in town get telephones and I can call them. The value of my telephone rises as more and more of the town installs phones. This makes the telephone a(n) __________ good.
Answer:
Explanation:
The value of my telephone rises as more and more of the town installs phones. This makes the telephone a network good.
What is a network good?A term used in economics to characterize this relationship between demand for a product and demand from other consumers is network externality. In other words, the purchase habits of customers are influenced by what others buy.
The secret to the sharing and collaborative economy is network effects. When a product or service becomes more valuable as more people use it, this phenomenon is known as the network effect.
The spread of sharing and collaboration models, made possible by the internet's international reach, is largely due to this phenomenon.
An economic network is a collection of people, organizations, or nations that collaborate to further the common good. In an economic network, a group's main objective is to improve its position in a market.
By expanding your client base, market share, and the overall value proposition of your product, network effects help you scale your firm and enhance profitability. A network effect is when your product's value rises as more people use it, if you're wondering what that is.
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Title insurance protects against future problems with your home's title, including claims from previous owners, unpaid liens or clerical errors. True or false
Answer: True
Explanation:
Most insurance covers or possibly all cover for mostly your future business, especially from the day they started the business with you or the organization. Title insurance covers against your future issues, unpaid liens and clerical errors.
Under its executive stock option plan, N Corporation granted options on January 1, 2021, that permit executives to purchase 11.0 million of the company's $1 par common shares within the next eight years, but not before December 31, 2023 (the vesting date). The exercise price is the market price of the shares on the date of grant, $19 per share. The fair value of the options, estimated by an appropriate option pricing model, is $5 per option. No forfeitures are anticipated. Ignoring taxes, what is the effect on earnings in the year after the options are granted to executives?
Answer:
$13,199,199.99
Explanation:
Number of options = 11 million
Fair value per option = $4
Total Compensation = 11,000, 000 × $4 = $44,000,000
Vesting period = December 31, 2023 - January 1, 2021 = 3 years
Compensation expense per year during Vesting period :
$44,000,000 ÷ 3 = $1,466,667
Adjusted cumulative amount of compensation expense recorded after option was granted to executive :
2022:
($44,000,000 × (2/3) × 95%) - $14,666,666.67
$27,866,666.67 - $14,666,666.67
= $13,199,199.99
Which of the following is not a component included in a standard business plan? a. implementation plan b. organization plan c. market analysis d. credit analysis Please select the best answer from the choices provided A B C D
Answer:
Its D
Explanation:
Any standard business plan never includes the analysis of the credits of the organization.
What is a business plan?A plan that involves laying off strategies and their implementation for the achievement of organizational goals is known as a business plan. It is a continuous process.
At the core of any business plan, credit strategies and building the capital of the business around a credit facility will never be included.
Hence, option D holds true of a business plan.
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Payton, Inc.'s charter authorized 100,000 shares of stock with a par value of $1 per share. Payton issues 100 shares at a market value of $5 per share. The journal entry to record this transaction will include a credit to _____ in the amount of _______.
Answer:
Common stock and $100
Explanation:
The journal entry is shown below:
Cash Dr $500 (100 shares × $5)
To Common stock $100 (100 shares × $1)
To Additional paid in capital in excess of par value - common stock (100 shares × $4)
(Being the issuance of the common stock is recorded)
For recording this we debited the cash as it increased the assets and credited the common stock and additional paid in capital as it increased the stockholder equity
Answer:
$100
Explanation:
ABC Company raised its cash dividend from 18 cents to 19 1/2 cents and also declared a 5% stock dividend. The record date of the cash dividend is Thursday, May 20 and the record date of the stock dividend is Wednesday, May 12. An investor buys 1,000 shares of ABC regular way on Wednesday, May 12. The customer will receive a cash dividend of__________.
Answer:
lets be friends
Explanation:
why? because im awesome
PackMan Corporation has semiannual bonds outstanding with nine years to maturity and the bonds are currently priced at $754.08. If the bonds have a coupon rate of 7.25 percent, what is the after-tax cost of debt for PackMan if its marginal tax rate is 30 percent? Round your intermediate calculation to two decimal places & final percentage answer to three decimal places.
Answer:
b. 8.225%
Explanation:
The rate formula will be used to solve this question.
Please note that the NPER represents the time value.
Where;
Present value is $754.08
Let's assume that the face value is $1,000
PMT= 1,000 x 7.25% ÷2
=$36.25
NPER= 9 years x 2
= 18 years
The formulae is therefore
Rate(NPER,PMT,-,PV,FV)
The value of the present value is negative.
a. The pretax would therefore be 11.75%
b. After tax cost of debt would be ;
Pretax cost of debt x (1 - tax rate)
11.75% x (1 - 30%)
11.75% x (1 - 0.03)
=8.225%.
Corporate owners earn a return ________. A. through interest earnings and earnings per share B. through capital appreciation and retained earnings C. by realizing gains through increases in share price and cash dividends D. by realizing gains through increases in share price and interest earnings
Answer:
C. By realizing gains through increase in share price and cash divideneds.
Explanation:
For most corporations, the management must strive to ensure the firm is doing well in the market space. Once a company is doing well, it will affect its share price positively on the stock exchange.
An increase in the share price of fim is a gain to the firm and its corporate owners. I.e sharedholders. This means that the value of their investment in the firm has appreciated.
Furthermore, the firm must try to make profit which is one of the reason of being in business. A firm that is making profit will be able to declare same at the end of the financial period, hence corporate holders(shareholders) would be have part in profit declaration through dividened.
Corporate owners earn a return through capital appreciation (increase in share price) and cash dividends, as they own a part of the company and its profits. Retained earnings are reinvested for future profitability, while dividends distribute profits to shareholders.
Explanation:The question asks how corporate owners earn a return. Corporate owners earn a return by realizing gains through increases in share price and cash dividends. This is because the owners of a share in a company own a part of the company and, hence, a share of its profits. Corporations often retain some of their profits, known as retained earnings, to reinvest and increase future profitability. Meanwhile, the profits distributed to shareholders are known as dividends. The value of a company's stock is influenced by the expected future profits, making capital appreciation (increase in share price) and dividends key components of a shareholder's return. Additionally, the concept of capital gains is crucial, as it represents the profit from selling a share at a higher price than it was purchased.
Whats the difference between stock and stockholder?
To delve into the underlying meaning of the terms, "stockholder" technically means the holder of stock, which can be construed as inventory, rather than shares. Conversely, "shareholder" means the holder of a share, which can only mean an equity share in a business. Thus, if you want to be picky, "shareholder" may be the more technically accurate term, since it only refers to company ownership.
Why is there no federal agency that regulates insurance companies?
Answer:
There is no federal regulatory agency that oversees insurance companies. A primary function of each state's Department of Insurance is to assure that insurance companies operating in the state are financially sound, so that the company will have the financial ability to meet its obligations to pay claims.
Business solutions's second-quarter 2018 fixed budget performance report for its computer furniture operations follows. the $159,520 budgeted expenses include $104,720 in variable expenses for desks and $20,800 in variable expenses for chairs, as well as $34,000 fixed expenses. the actual expenses include $35,800 fixed expenses. list fixed and variable expenses separately.
Answer:
Business Solutions
Second-quarter 2018
Fixed Budget Performance Report
Budgeted Actual
Variable expenses for desks $104,720 $104,720*
Variable expenses for chairs, $20,800 $20,800*
Fixed expenses $34,000 $35,800
Total Expenses $159,520 $ 156,320
*Suppose the actual variable expenses are the same as budgeted variable expenses.
Explanation:
The variable expenses depend on the number of units of chairs and desks produced where as the fixed expenses remain constant irrespective of the no of units of production.
Variable expenses are those expenses that vary directly with the number of units produced ( example more desks and more chairs will require more material).
Hanson Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $1,800,000 on March 1, $1,200,000 on June 1, and $3,000,000 on December 31. Hanson Company borrowed $1,000,000 on March 1 on a 5-year, 12% note to help finance construction of the building. In addition, the company had outstanding all year a 10%, 5-year, $2,000,000 note payable and an 11%, 4-year, $3,500,000 note payable. Compute the weighted-average interest rate used for interest capitalization purposes. (Round answer to 2 decimal places, e.g. 7.58%.)
The weighted-average interest rate used for interest capitalization purposes is 4.31%.
Explanation:To compute the weighted-average interest rate used for interest capitalization purposes, we need to calculate the weighted-average interest rate on the outstanding notes payable. Here is the calculation:
Calculate the interest expense on each note payable by multiplying the outstanding balance by the interest rate. For the 10% note, the interest expense is ($2,000,000 × 10%) = $200,000. For the 11% note, the interest expense is ($3,500,000 × 11%) = $385,000. Calculate the weighted-average interest expense by multiplying the interest expense of each note by the proportion of the note to the total outstanding balance. The total outstanding balance is ($2,000,000 + $3,500,000) = $5,500,000. For the 10% note, the proportion is ($2,000,000 / $5,500,000) = 0.3636. For the 11% note, the proportion is ($3,500,000 / $5,500,000) = 0.6364. The weighted-average interest expense is (0.3636 × $200,000) + (0.6364 × $385,000) = $237,727. Calculate the weighted-average interest rate by dividing the weighted-average interest expense by the total outstanding balance. The weighted-average interest rate is ($237,727 / $5,500,000) = 0.0431 or 4.31%.
Brady corp. is considering the purchase of a piece of equipment that costs $20,000. projected net annual cash flows over the project's life are: year net annual cash flow 1 $ 3,000 2 8,000 3 15,000 4 9,000 the cash payback period is select one:
a. 2.29 years.
b. 2.60 years.
c. 2.40 years.
d. 2.31 years.
Answer:
B
Explanation:
Payback period is the total time it takes an organization to recover the initial capital incurred in acquiring an asset.
It is expressed in years and fraction of years.
Initial investment 20,000
Year 1 3000 17000
Year 2 8000 9000
Year 3 15,000
9000/15000= 0.6 years
The payback period = 2.6 years
The cash payback period is 2.60 years.
The calculation is as follows:Net annual cash flow till year 2 = $3,000 + $8,000
= $11,000
Now the investment collected is
= $20,000 - $11,000
= $9,000
Now the cash payback period is
= 2 years + $9,000 ÷ $15,000
= 2 years + 0.6
= 2.60 years
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How many members sit congress
Answer:
535 members of Congress.
Explanation:
100 serve in the U.S. Senate 435 serve in the U.S. House of Representatives.
I hope this is right sorry if I am not
The Information Security __________ is a managerial model provided by an industry working group, National Cyber Security Partnership, which provides guidance in the development and implementation of organizational InfoSec structures and recommends the responsibilities that various members should have in an organization.
Complete/Correct Question:
The Information Security __________ is a managerial model provided by an industry working group, National Cyber Security Partnership, which provides guidance in the development and implementation of organizational InfoSec structures and recommends the responsibilities that various members should have in an organization.
a. Governance Framework
b. Security Blueprint
c. Risk Model
d. Compliance Architecture
Answer:
A, governance framework
Explanation:
A governance framework can be defined as the structure of a government as it reflects the interrelated relationships, factors as well as other things.
It can be simply defined as the structure of an organization's governance. Governance framework also shows rules that explain or underline how an organization is run, controlled, etc.
Governance framework are built by accountability, integrity, effeciency, etc.
Cheers.
19. Colombia produces coffee with less labor and land than any other country; it therefore surely has Select one: a. an absolute advantage in coffee production. b. a comparative advantage in coffee production. c. absolute efficiency in coffee production. d. a comparatively absolute advantage in coffee production.
Answer:
b
Explanation:
comparative means using less of something
The demand for the services of trish's computer services has increased. trish employs several workers who diagnose and fix clients' computer problems. this increased demand has allowed trish to raise her prices. what will happen to the mrp and wages of trish's workers? the wage rate is w2; the old wage was w1. what is the economic rent trish's workers now earn? define economic rent. what factors affect the elasticity of supply of the labor supply curve that trish faces as she hires workers?
Answer:
1) what will happen to the mrp and wages of trish's workers?
the marginal revenue product (MRP) is defined as the additional revenue generated by employing one extra unit of labor. In this case, the MRP will exceed the wages paid by Trish, generating economic rent or above average returns.
2) the wage rate is w2; the old wage was w1. what is the economic rent trish's workers now earn?
If Trish raises her employees' wages due to the increasing in price, then her employees will be earning economic rent = w2 - w1. This means that their wage is higher than the usual wage that would be paid for doing that job.
3) define economic rent.
Economic rent is defined as the additional profit generated by a business that exceeds its opportunity cost.
Economic rent = marginal revenue product – opportunity cost
The opportunity cost is the extra costs or benefits lost from choosing one activity or investment over another alternative.
In this case, Trish is earning an economic rent with her business because her earnings are higher than any other earnings that she could make by investing in something else.
4) what factors affect the elasticity of supply of the labor supply curve that trish faces as she hires workers?
The elasticity of the labor supply curve shows how much a 1% change in wages affect the quantity of labor supply (in % also).
In this case, the factors affecting the labor supply would be the substitution effect and the income effect of a rise in wages. Both factors are opposite, and in this case I would believe that the substitution effect would be greater.
The substitution effect means that workers will start working more because they are paid a higher wage. they will be willing to give up leisure time in order to work more hours and earn a higher salary.The income effect means that workers will start working less hours due to higher wages per hour.The increased demand for Trish's computer services allows her to raise the price of services, thus increasing the MRP and wages of her workers. The workers now earn economic rent, which is an excess payment above what is required to keep them employed. The elasticity of labor supply Trish faces depends on skills availability, job attractiveness, and geographical factors.
The increase in demand for Trish's computer services allows her to raise prices, which in turn increases the marginal revenue product (MRP) of her workers. As a result, the wages of Trish's workers can also increase, moving from an old wage rate w1 to a new, higher wage rate w2. The difference between the workers' new wage and the market equilibrium wage they were willing to accept is known as economic rent, which is a form of income that they receive due to the increased demand for their specialized skills.
Economic rent is defined as the excess payment made to a factor of production (in this case, labor) over and above the amount required to keep that factor employed in its current use. In the context of labor, it is often related to unique skills or abilities that are in short supply.
Several factors affect the elasticity of labor supply facing Trish. These include the availability of workers with the necessary skills, the relative attractiveness of the job compared to alternative occupations, and the geographical location of the job. If there are few skilled workers or there are high barriers to entry, the supply will likely be inelastic. If there are many workers with the required skills or the barriers are low, the supply curve might be more elastic.
Steven and Emily Campbell are planning to open a casual dining restaurant in downtown Akron, Ohio, and need $125,000 to get started. They have $50,000 of their own money, which leaves $75,000. After getting turned down by a couple of banks, they decided to turn to their relatives and acquaintances for help. Fortunately, they were able to raise the money through a gift from Steven's grandfather, a loan from Emily's parents, and a small investment by Steven's best friend in college, Doug. The money that an entrepreneur raises in this manner is referred to as ________.
Answer:
3Fs (Friends , families and fools)
Explanation:
One of the sources of raising capital for small scale business is through the families , friends and fools
The families and friends are always willing to help to the best of their capacity if the need arises , and as such , they are seen as a reliable way of obtaining capital for business , most especially when other sources fail.
The fools explains the high risk involved in being part of an early stage of a business most especially when adequate security against loans and liabilities are not available.
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Which of the following will cause a decrease in quantity supplied in the cupcake market?
A Price of cupcakes increase.
B Cost of ingredients for cupcakes rises.
C People decide they prefer cakes to cupcakes.
D Government passes new nutritional labeling regulation for cupcakes.
Answer: B
Explanation:
Decrease in quantity supplied occurs when the supply chain of a market is interrupted.
Looking at the answers:
A. price of cupcakes increase - this will not decrease quantity supplied, this will raise the price and decrease demand.
B. cost of ingredients for cupcakes rises - this will decrease quantity supplied. Producers of cupcakes cannot make as many cupcakes as they had in the past at the same cost due to materials being more expensive.
C. prefer cakes to cupcakes - this will decrease demand, not quantity supplied.
D. nutritional labeling regulation for cupcakes - this is irrelevant.
The cost of ingredients for cupcakes rises will cause a decrease in the quantity supplied in the cupcake market. The correct option is B.
What is the quantity supplied on a supply curve?The quantity of an item or service that is supplied, with all other factors remaining the same, is the amount that vendors are willing to sell at a specific price during a specific time. Generally speaking, receiving a higher price causes sellers to increase their supply while also increasing their earnings.
An increase in the cost of ingredients needed to produce cupcakes would increase the cost of producing cupcakes and thus reduce the profit margins of cupcake producers. In response to lower profits, producers would reduce the quantity supplied of cupcakes in the market to ensure that they remain profitable.
Therefore, an increase in the cost of ingredients would cause a decrease in the quantity supplied of cupcakes in the market. The other options listed (A, C, and D) are more likely to affect demand for cupcakes rather than the quantity supplied.
Thus, the ideal selection is option B.
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Suggestion boxes are a good idea, but if they are used, ________.
a. each suggestion should be logged into a database available to all employees
b. employees should be adequately rewarded for every idea they submit that is implemented
c. managers should explain why suggestions are feasible or not
d. no anonymous suggestions should be accepted
The more illiquid something is the easier it is to turn into cash.
true or false?
Answer:
False
Explanation:
Illiquidity in the context of a business refers to a company that does not have the cash flows necessary to make its required debt payments, although it does not mean the company is without assets.
Reserves consist of the currency in the _____ plus the balance on its _____ account at _____.
A. checking account; certificate of deposit; a Federal Reserve Bank
B. savings account; money market; an investment bank
C. market; reserve; a savings bank
D. bank's vaults; reserve; a Federal Reserve Bank
Answer:
a, Federal Reserve Bank b, savings account c,a savings bank
Reserves consist of the currency in the Federal Reserve Bank plus the balance on its savings account at a savings bank.
What is Saving Account?An interest-bearing deposit account held at a bank or other financial institution is referred to as a savings account. Despite the typically low-interest rates offered by these accounts, their security and dependability make them a fantastic choice for keeping cash on hand for urgent needs.
Savings and other deposit accounts are significant sources of funding for loans made by financial organizations. Because of this, whether a bank or credit union operates only online or in a typical brick-and-mortar location, you may discover savings accounts there. Additionally, several brokerage houses and financial companies provide savings accounts.
Financial institutions frequently finance loans using money from savings and other deposit accounts. Because of this, you could find savings accounts at a bank or credit union, regardless of whether it simply has an internet presence or also has a physical facility. Additionally, a number of financial institutions and brokerage firms provide savings accounts.
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Process activity analysis roen company incurred an activity cost of $105,600 for inspecting 40,000 units of production. management determined that the inspecting objectives could be met without inspecting every unit. therefore, rather than inspecting 40,000 units of production, the inspection activity was limited to a random selection of 5,000 units out of the 40,000 units of production. determine the inspection activity cost per unit on 40,000 units of total production both before and after the improvement. if required, round per unit amounts to the nearest cent. inspection activity before improvement $ per unit inspection activity after improvement $ per unit
Final answer:
Before the improvement, the inspection activity cost per unit was $2.64. After the improvement, when considering the cost per unit inspected for the sample of 5,000 units, it was $21.12; however, the per-unit cost remains $2.64 when allocated to the entire production of 40,000 units since the total cost did not change.
Explanation:
To determine the inspection activity cost per unit for the Roen Company before the improvement, we divide the total activity cost by the quantity of production:
AC = TC/Q = $105,600 / 40,000 units = $2.64 per unit.
After the improvement, the total activity cost remains the same, but it is now spread over a random sample of 5,000 units instead of the entire 40,000 units. Hence, if we only consider the sample, the cost per unit inspected would be:
AC = TC/Q = $105,600 / 5,000 units = $21.12 per unit.
However, looking at the cost allocated to the entire production of 40,000 units, the per-unit cost doesn't change as the total activity cost is unchanged regardless of the sample size inspected:
AC = TC/Q still equals $105,600 / 40,000 units = $2.64 per unit after the improvement due to the cost being an overhead.
The Limberger Corporation declared a quarterly dividend of $0.10 per share. The ex-dividend date was July 15, the date of record was July 18, and the payment date was July 28. If you had owned 100 shares of the Limberger Corporation and sold them on July 15, then
A) you would collect $10.00 in dividends, and the purchaser would not collect any dividends.
B) the purchaser would collect $10.00 in dividends, and you would not collect any dividends.
C) you would collect $5.00 in dividends, and the purchaser would collect $5.00 in dividends.
D) neither you nor the purchaser would collect any money in dividends.