BBQ Corporation has a target capital structure that is 70 percent equity, 30 percent debt. The flotation costs for equity issues are 15 percent of the amount raised; the flotation costs for debt are 8 percent. If BBQ needs $150 million for a new manufacturing facility, what is the cost when flotation costs are considered

Answers

Answer 1

Answer:

$172,215,844 is the cost when flotation costs are considered

Explanation:

flotation

Weighted average flotation cost = {(Flotation cost debt * Weight debt) + (Flotation cost equity * Weight equity)

= (8% * 0.30) + (15%  * 0.70)

=0.024 + 0.105

= 0.129

= 12.9%

Calculation of the cost of funds

Cost of funds = Amount raised / (1 - Weighted average floatation cost)

= $150,000,000 / (1-0.129)

= $150,000,000 / (0.871)

=$172,215,844

Therefore, the cost of raising fund is $172,215,844


Related Questions

All of the following are assumptions facing opposing forces of reducing costs and adapting to local markets that international business people should be aware of except? Homogenous customer needs worldwide People around the world are willing to sacrifice preferences for lower prices and higher quality Economies of scale can be obtained in production and marketing through supplying worldwide Lowering international synergy and cost via the value chain matrix

Answers

Answer: Lowering international synergy and cost via the value chain matrix

Explanation:

Theodore Levitt came up with some assumptions facing opposing forces of reducing costs and adapting to local markets that international business people should be aware of which include;

On a global scale, customer needs are beginning to become homogeneous.People are willing to sacrifice their preferences for better quality products at a cheaper quality which gives Multinational Companies a chance to offer them better products than local producers due to their large sizes and Economies of scale.Having to supply the world can lead to Economies of scale in production and marketing due to the larger market.

Lowering international synergy and cost via the value chain matrix is not one of the assumptions espoused by Theodore Levitt and so is the correct answer.

If two firms producing substitutes agree to fix prices, then their prices will 1.____________ . If two firms producing complements agree to fix prices, then their prices will 2.____________ .

Answers

Answer: increase; decrease.

Explanation:

Price fixing is a situation that occurs when two companies come together and form an agreement whereby the price of a particular goods or services will not be sold below that particular price.

When two firms producing substitutes agree to fix prices, then their prices will increase and when two firms that are producing complements fix prices, then their prices will reduce.

The rate of return on the common stock of Lancaster Woolens is expected to be 18 percent in a boom economy, 8 percent in a normal economy, and only 2 percent in a recessionary economy. The probabilities of these economic states are 12 percent for a boom and 10 percent for a recession. What is the variance of the returns on this common stock

Answers

Answer:

Variance of the return on this common stock is 0.15%

Explanation:

Note: See the attached excel file for the calculation of the variance of the returns on this common stock.

Note that the probability of a normal economy can be obtained as follows:

Probability of normal economy = 100% - Probability of a boom - Probability of a recession = 100% - 12% - 10% = 78%

These probabilities are used in the attached excel file.

At the beginning of year 1, Looby Corp. purchases equipment for $100,000. The equipment has a residual value of $20,000 and an expected useful life of 10 years. What is accumulated depreciation at the end of year 2 using straight-line depreciation

Answers

Answer:

Accumulated Depreciation at the end of year  =  $16,000

Explanation:

Under the straight line method of depreciation, the cost of an asset less the salvage value is spread equally over the expected useful life.

An equal amount is charged as annual depreciation over the life of the asset. The annual depreciation is calculated as follows:

Annual depreciation:

= (cost of assets - salvage value)/ Estimated useful life

Cost - 100,000

Residual value = 20,000

Estimated useful life = 10 years

Annual depreciation = (100,000- 20,000)/10 =8,000

Annual depreciation = 8,000

Accumulated Depreciation for 2 years = Annual depreciation× number of years

                            = 8,000× 2 = 16,000

Accumulated Depreciation for 2 years =  $16,000

assuming it is stored safely how long after It was prepared can refrigerated food be sold or served 1-7 days b-10 days c-14 days d-20 days

Answers

Answer:

1-7 days

Explanation:

But, ideally 4 days should be the maximum for prepared food to be refrigerated before it is sold or served.

Leaving food refrigerated for a long time makes it to lose its nutrients.  Some foods like potatoes, meat, eggs, chicken, etc. can become harmful or poisonous, especially when you reheat them before eating.  That is why it is right to adhere to proper routines for refrigerating food and also preparing and serving the food.  Some healthy food are better eaten immediately after their preparation.

Parton and Sons is a law firm that uses activity-based costing. Classify these activities as value-added or non-value-added:

a. Taking appointments
b. Reception
c. Meeting with clients
d. Bookkeeping
e. Court time
f. Meeting with opposing attorneys
g. Billing
h. Advertising

Answers

Answer:

The answer is:

A - Non-value-added

B - Non-value-added

C- Value-added

D- Non-value-added

E - Value-added

F - Value-added

G - Non-value-added

H- Non-value-added

Explanation:

In activity-based costing, Non-value-added activities are activities that add costs to ones product without enhancing the value while value-added is a cost that enhance the quality of a product or service.

A - Non-value-added

B - Non-value-added

C- Value-added

D- Non-value-added

E - Value-added

F - Value-added

G - Non-value-added

H- Non-value-added

Crane Company has gathered the following information.
Units in beginning work in process 0
Units started into production37,300
Units in ending work in process8,200
Percent complete in ending work in process:
Conversion costs40%
Materials100%
Costs incurred:
Direct materials$78,330
Direct labor$66,500
Overhead$105,114
1. Compute equivalent units of production for materials and for conversion costs.
Materials
Conversion Costs
The equivalent units of production
2. Determine the unit costs of production. (Round unit costs to 2 decimal places, e.g. 2.25.)
Materials
Conversion Costs
Unit costs
$
$
3. Show the assignment of costs to units transferred out and in process.
Units transferred out $
Units in ending work in process

Answers

Answer:

1. Compute equivalent units of production for materials and for conversion costs

Equivalent units of Materials: (Units in Beginning Work in process + Units started into production - Units in ending work in process) + Units in ending work in process

= (0 + 37,300 - 8,200) + 8,200

= 37,300

Equivalent units of conversion costs : (Units in Beginning Work in process + Units started into production - Units in ending work in process) + (Units in ending work in process * 40%)

= (0 + 37,300 - 8,200) + (8,200 * 40%)

=29,100 + 3,280

= 32,380

2. Determine the unit costs of production

Unit costs of materials = Direct materials / Equivalent units of Materials

= $78,330 / 37,300

= $2.1

Unit costs of conversion costs = (Direct labor + Overhead) / Equivalent units of conversion costs

= ($66,500 + $105,114) / 32,380

= $171,614 / 32,380

= $5.3

3. Show the assignment of costs to units transferred out and in process

Units ending work in process = Materials + Conversion costs

where, Materials = 8,200 * $2.1 = $8,202

Conversion costs = 3,281 * $5.3 = $17,389

( 8,200 * 40%)

Units ending work in process = $8,202 + $17,389

= $25,591

Port Allen Chemical Company processes raw material D into joint products E and F. Raw material D costs $4 per liter. It costs $100 to convert 100 liters of D into 60 liters of E and 40 liters of F. Product F can be sold immediately for $4 per liter or processed further into Product G at an additional cost of $3 per liter. Product G can then be sold for $9 per liter.
a. Determine whether Product F should be sold or processed further into Product G.
b. Calculate the net advantage (disadvantage) of further processing.
c. Use a negative sign with your answer to indicate a net disadvantage (if applicable).

Answers

Answer:

a) Product G should be produced and sold

b) Net financial advantage      $80

Explanation:

A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost.  

Also note that all cost incurred up to the split-off point are irrelevant to the decision to process further .  

                                                                                            $

Revenue after split-off point  

($9×  40 litres)                                                                 360

Revenue at the slit of point  

($4 ×   40)                                                                         (160)

Additional income from further processing                  200

Further processing cost ($3× 40)                                  (120)

Incremental income from further processing                 80

Incremental income from further processing = $80

a) The product F should be processed further and sold as product G. Doing so would increase the net income by $80.

b) Net advantage                                               $80

"An economy is based on three sectorsdashagriculture​, ​manufacturing, and services. For each unit of​ output, agriculture requires inputs of 0.20 unit from​ agriculture, 0.40 unit from​ manufacturing, and 0.20 unit from services. For each unit of​ output, manufacturing requires inputs of 0.30 unit from​ agriculture, 0.20 unit from​ manufacturing, and 0.20 unit from services. For each unit of​ output, services requires 0.20 unit from​ agriculture, 0.30 unit from​ manufacturing, and 0.30 unit from services. Determine the production levels needed to satisfy a final demand of 0 units for​ agriculture, 40 units for​ manufacturing, and 0 units for services. The production level needed from the agricultural sector is 40.00 units."

Answers

Answer:

Required Production to fullfil a Demand for 40 industry units

Agriculture 54.4

Industry 83.2

Services 51.2

Explanation:

Input Agricuilture Industrial Service

Agriculture 0.2           0.3 0.2

Industrial 0.4           0.2 0.3

Service         0.2           0.2 0.3

We require X input to generate a demand of 0 agriculture 40 industry and 0 services

The previous matrix will be the input we solve for the output

Output Agricuilture Industrial Service

Agriculture 0.8            -0.7 -0.8

Industrial -0.6             0.8 -0.7

Service        -0.8            -0.8 0.7

We now reverse the matrix using excel:

Output Agricuilture Industrial Service

Agriculture 2           1.36 0.96

Industrial 1           2.08       0.88

Service         1           1.28 2.08

Now we multiply this by our desired outcome of

0

40

0

Agriculture 54.4

Industry 83.2

Services 51.2

Activity-based costing for a service company
Crosswinds Hospital plans to use activity-based costing to assign hospital indirect costs to the care of patients. The hospital has identified the following activities and activity rates for the hospital indirect costs:

Activity Activity Rate
Room and meals $240 per day
Radiology $215 per image
Pharmacy $50 per physician order
Chemistry lab $80 per test
Operating room $1,000 per operating room hour
The activity usage information associated with the two patients is as follows:
Patient Putin Patient Umit
Number of days 6 days 4 days
Number of images 4 images 3 images
Number of physician orders 6 orders 2 orders
Number of tests 5 tests 4 tests
Number of operating room hours8 hours 4 hours
Complete the Activity Table:
A. Determine the activity rate for each activity. Enter these rates in the Activity Rate columns.
B. Use the activity rates in (A) to determine the total and per-unit activity costs associated with patient.

Answers

Answer:

A.

Room and meals=  $240 per day

Radiology =  $215 per image

Pharmacy =  $50 per physician order

Chemistry lab = $80 per test

Operating room = $1,000 per operating room hour

B.

Patient Putin

Unit  = $1,585

Total = $10,640

Patient Umit

Unit  = $1,585

Total = $6,025

Explanation:

Activity rate = Total Overhead Cost / Total Activity

Room and meals=  $240 per day

Radiology =  $215 per image

Pharmacy =  $50 per physician order

Chemistry lab = $80 per test

Operating room = $1,000 per operating room hour

Patient Putin

                               Unit       Total

Room and meals   $240      $1,440

Radiology               $215        $860

Pharmacy                 $50       $300

Chemistry lab          $80          $40

Operating room  $1,000    $8,000

Total                     $1,585   $10,640

Patient Umit

                               Unit       Total

Room and meals   $240       $960

Radiology               $215       $645

Pharmacy                 $50       $100

Chemistry lab          $80       $320

Operating room  $1,000    $4,000

Total                     $1,585   $6,025

Kunkel Company makes two products and uses a conventional costing system in which a single plantwide predetermined overhead rate is computed based on direct labor-hours. Data for the two products for the upcoming year follow:
Mercon Wurcon
Direct materials cost per unit $ 9.00 $ 7.00
Direct labor cost per unit $15.00 $ 17.00
Direct labor-hours per unit 0.40 4.80
Number of units produced 4,000 8,000
These products are customized to some degree for specific customers.
Required:
1. The company's manufacturing overhead costs for the year are expected to be $1,600,000. Using the company's conventional costing system, compute the unit product costs for the two products.
2. Management is considering an activity-based costing system in which half of the overhead would continue to be allocated on the basis of direct labor-hours and half would be allocated on the basis of engineering design time. This time is expected to be distributed as follows during the upcoming year:
Mercon Wurcon Total
Engineering design time (in hours) 8,000 8,000 16,000
Compute the unit product costs for the two products using the proposed ABC system.

Answers

Answer:

Instructions are below.

Explanation:

Giving the following information:

Mercon Wurcon

Direct materials cost per unit $ 9.00 $ 7.00

Direct labor cost per unit $15.00 $ 17.00

Direct labor-hours per unit 0.40 4.80

Number of units produced 4,000 8,000

A. First, we need to calculate the predetermined overhead rate:

Total direct labor hours= 0.4*4,000 + 4.8*8,000= 40,000

Overhead= 1,600,000

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 1,600,000/40,000

Predetermined manufacturing overhead rate= $40 per direct labor hour

Now, we can determine the unitary product cost.

Mercon= 9 + 15 + 40*0.4= $37

Wurcon= 7 + 17 + 4.8*40= $216

B.

Mercon Wurcon Total

Engineering design time (in hours) 8,000 8,000 16,000

Now, we have two different allocation rates:

Direct-labor hours= 800,000/40,000= $20 per direct labor hour

Engineer desing= 800,000/16,000= $50 per engineer desing hour

Finally, we can determine the unitary product cost:

Engineer design per unit:

Mercon= 8,000/4,000= 2

Wurcon= 8,000/8,000= 1

Mercon= 9 + 15 + (20*0.4 + 50*2) = $132

Wurcon= 7 + 17 + (20*4.8 + 50*1)= $170

Sales 22160 units Cash, beginning balance $34000 Selling and administrative (of which depreciation, $5,000) $53000 Required minimum cash balance $66480 If necessary, the company will borrow cash from a bank on the first day of March. Assume that the borrowing can be made in any (exact) amount, but bears interest at 3% per month. The March interest will be paid during subsequent months. Q: What is the closest amount of cash that must be borrowed on March 1 to cover all cash disbursements and to obtain the desired March 31 cash balance

Answers

Answer:

Loan taken:                           58,320

Explanation:

We add up the beginning cash with the receipts and subtract the expenses.

Then, we compare agaisnt the mnimum required balance

Beginning Cash   34,000

Cash Receipts

Sales                    22,160

Total cash form operations: 56,160

Cash disbursements

S&A expense (w/o depreciations) 48,000

Ending Cash from operations 8,160

Minimum Balance:               66,480  

Loan taken:                           58,320

Bendel Incorporated has an operating leverage of 7.3. If the company's sales volume increases by 3%, its net operating income should increase by about:

Answers

Answer:

21.9%

Explanation:

Given that

Operating leverage = 7.3

Increase in sales  = 3%

According to the given situation, the computation of net operating income is shown below:-

Increase in operating income  = Operating leverage × Increase in sales

= 7.3 × 3 %

= 21.9%

Therefore for computing the increase in operating income we simply applied the above formula.

Production and Purchases Budgets At the beginning of October, Comfy Cushions had 2,600 cushions and 15,500 pounds of raw materials on hand. Budgeted sales for the next three months are: Month Sales October 13,000 cushions November 15,000 cushions December 18,000 cushions Comfy Cushions wants to have sufficient raw materials on hand at the end of each month to meet 25 percent of the following month's production requirements and sufficient cushions on hand at the end of each month to meet 20 percent of the following month's budgeted sales. Five pounds of raw materials, at a standard cost of $0.90 per pound, are required to produce each cushion. Required a. Prepare a production budget for October and November. Do not use a negative sign with your answers.

Answers

Answer:

Production budget for October and November

                                                                October            November

                                                                 cushions             cushions

Budgeted Sales                                         13,000                15,000

Add Budgeted Closing Inventory              3,000                  3,600

Total Production needed                          16,000                18,600

Less Budgeted Opening Inventory          (2,600)                (3,000)

Production Budget                                    13,400                15,600

Explanation:

A Production Budget shows the quantities of finished goods that must be produced to meet expected sales plus any increase in inventory levels that might be required.

"If the top two companies in the golf club industry merged, their new market share would equal 15% of the market. This industry's new HHI would be 995. According to the FTC's historical guidelines for mergers, would the FTC approve this merger

Answers

Answer:

Yes, the FTC would ignore the merger and allow it to go through.

Explanation:

here are the options to the question ;

O No, the FTC would probably challenge the merger

O Maybe. The FTC would scrutinize the merger and make a case-by-case decislon.

Yes, the FTC would ignore the merger and allow it to go through.

HHI is used to calculate market power.

if the HHI index is less than 1000 post merger, the merger would be allowed to go through.

If the HHI index is between 1000 - 1800 post merger and the change in HHI is more than 100 after the merger, The FTC would scrutinize the merger and make a case-by-case decislon.

If the HHI index is more than 1800 post merger and the change in HHI is more than or equal to 50, he FTC would probably challenge the merger

A buyer and a seller enter into a real estate sales contract. Under the contract's terms, the buyer will pay the seller $500 a month for 10 years. The seller will continue to hold legal title, while the buyer will live in the home and pay all real estate taxes, insurance premiums, and regular upkeep costs. What kind of contract do the buyer and seller have

Answers

Answer: Land Sales Contract

Explanation:

Land Sales contract are a way to buy a property for people who would otherwise be unable to buy one because they were unable to get a mortgage or are running low in funds.

It works by the buyer paying the seller a certain amount of money for a period of time according to an agreement. During this period of payment, the seller continues to hold the legal rights to the property and then passes it to the buyer when they are finished paying. In this scenario therefore, the seller effectively plays the role of a mortgage bank.  

Gullett Corporation had $26,000 of raw materials on hand on November 1. During the month, the Corporation purchased an additional $75,000 of raw materials. The journal entry to record the purchase of raw materials would include a:

Answers

Answer:

debit to Raw Materials of $75,000

Explanation:

In this scenario, the journal entry to record the purchase of raw materials would include a debit to Raw Materials of $75,000. A debit is an entry recording a sum owed, listed on the left-hand side or column of an account. Therefore in accounting, since Gullet Corporation's purchase was for an "additional" $75,000 worth of raw material, they owe that money to the company and must make it up through sales that those materials should generate in the future. That is why it is recorded as a debit.

. Identify each of the following as (i) part of an expansionary fiscal policy, (ii) part of a contractionary fiscal policy, or (iii) not part of fiscal policy. a. The personal income tax rate is lowered. b. Congress cuts spending on defense. c. College students are allowed to deduct tuition costs from their federal income taxes. d. The corporate income tax rate is lowered. e. The state of Nevada builds a new tollway in an attempt to expand employment and ease traffic in Las Vegas.

Answers

Answer:

Option, A , D, E = expansionary fiscal policy.

Option B = Contractionary fiscal policy

Option C = not a part of fiscal policy

Explanation:

The expansionary fiscal policy occurred when there is a decrease in taxes and an increase in government expenditure (spendings). While contractionary fiscal policy occurs when taxes are increased by the government and there is a fall or decrease in government spendings. Therefore, Option A, Option D, and Option E are part of the expansionary fiscal policy.

Option B is a contractionary fiscal policy. While option C is not a part of fiscal policy

When a standalone organization is created and owned by two or more parent companies together, the strategic alliance is referred to as a(n) _____.

Answers

Answer:

Joint venture

Explanation:

A joint venture is one where two or more parties agree to pool their resources together to accomplish a particular goal.

Each participant shares in the profit, loss, and cost associated with the business.

However the venture an entity that is independent of the participant's other business interest.

So when a standalone organization is created and owned by two or more parent companies together, it is called a joint venture

Break-even point Currently, the unit selling price of a product is $160, the unit variable cost is $120, and the total fixed costs are $725,000. A proposal is being evaluated to increase the unit selling price to $170.
A. Compute the current break-even sales (units).
B. Compute the anticipated break-even sales (units), assuming that the unit selling price is increased and all costs remain constant.

Answers

Answer:

A. 18,125 units

B. 14,500 units

Explanation:

Break -even is the level of activity where a firm neither makes a profit nor a loss.

Break-even sales (units) = Fixed Cost ÷ Contribution per unit

                                        =  $725,000 ÷ ( $160 - $120)

                                        =  18,125 units

New Break-even sales (units) = Fixed Cost ÷ Contribution per unit

                                                 =  $725,000 ÷ ( $170- $120)

                                                 =  14,500 units

ohnson, LLC’s bonds have exhibited a substantial trading volume in the past few years. Its bonds would be referred to a

Answers

Answer:

Seasonal issue

Explanation:

The seasoned issue or seasonal issue is that issue which is made for extra securities held from the company i.e established and it considered those securities who are already traded in the secondary market. The bond which are outstanding and traded in the secondary markets is known as seasoned issued

Since in the question it is mentioned that there is a substantial trading volume in the past few years so this represents the seasoned issue  

Larry Jones gifts land to a school district, but the deed states "for so long as the land is used for a school." Jones owns a(n):

Answers

Answer:

Reversionary interest

Explanation:

If Larry Jones gifts land to a school district, but the deed states "for so long as the land is used for a school." Jones owns a reversionary interest.

A reversionary interest can be defined as a property law (deed) which states that when a property such as a land transfer is used on a clause; “for so long as” or “on condition that."

Hence, once the interest of the benefactor comes to an end, the property reverts back to its original owner (grantor). It also gives the grantor's next of kin, successor or heir the power or right to take the property back in the future if promises are broken or the agreement comes to an end.

This ultimately implies that, if a property stated in the deed is not used or used, for certain purposes.

In this scenario, Larry owns a reversionary interest because he gifts a land to the school district, but in the deed he stated "for so long as the land is used for a school."

Use the information for the​ question(s) below. Project A Project B Time 0 −​10,000 −​10,000 Time 1 ​5,000 ​4,000 Time 2 ​4,000 ​3,000 Time 3 ​3,000 ​10,000 If WiseGuy Inc. uses IRR rule to choose​ projects, which of the projects​ (Project A or Project​ B) will rank​ highest?

Answers

Answer:

PROJECT B

Explanation:

Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.

IRR can be calculated using a financial calculator

For project A,

Cash flow in year 0 = -10,000

cash flow in year 1 = 5,000

cash flow i year 2 - 4,000

cash flow in year 3 = 3,000

IRR = 10.65%

For project B,

Cash flow in year 0 = -10,000

cash flow in year 1 = 4,000

cash flow i year 2 - 3,000

cash flow in year 3 = 10,000

IRR = 26.37%

Project B would be ranked higher because it has a higher IRR

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button

Gordon purchased real estate for $900,000 and listed title to the property as "Gordon and Fawn, joint tenants with right of survivorship." Gordon predeceases Fawn when the real estate is worth $2,900,000. Gordon and Fawn are brother and sister.
What are the gift and estate tax consequences?
If an amount is zero, enter "0".
a. Gordon made a gift when the real estate was purchased of $_____ to Fawn.
b. Gordon's estate must include $______ as to the property.
c. How would the estate tax consequences change if it was Fawn (not Gordon) who died?
Fawn's estate would include $___0___ as to the property.

Answers

Answer:

a. Gordon made a gift when the real estate was purchased of $450,000 to Fawn.

Since Gordon gave 50% of the real estate to his sister as a gift when he purchased it, the gift must be valued at the time it happened ($900,000 x 50%)

b. Gordon's estate must include $2,900,000 as to the property.

Gordon purchased all the real estate by himself, so his estate must include the value of the whole property.

c. How would the estate tax consequences change if it was Fawn (not Gordon) who died?

Fawn's estate would include $0 as to the property.

Since Fawn didn't buy the property, her estate cannot include any amount of it.

Abburi Company's manufacturing overhead is 55% of its total conversion costs. If direct labor is $45,900 and if direct materials are $27,200, the manufacturing overhead is:

Answers

Answer:

Manufacturing Overheads = $56100

Explanation:

The conversion cost defined simply is the cost involved in turning the raw material or direct material into the finished products. Conversion cost is calculated by adding the direct labor cost and the manufacturing overhead cost.

Conversion cost = Direct labor + Manufacturing overheads

As we know that the manufacturing overhead is 55% of conversion cost, then the direct labor cost is 45% of conversion cost.

If 45% of conversion cost is $45900, then the total conversion cost will be,

Conversion cost = 45900 * 100/45   = $102000

Manufacturing Overheads = 102000 - 45900  = $56100

The marketing department of a reputable firm wants to improve strategic decision making, track the actions of other players in the market, and provide early warning of opportunities and threats. Which of the following would help the firm achieve its objectives?
A) Data warehousing
B) strategic planning competitive marketing intelligence
D) customer relationship management
E) ethnographic research

Answers

Answer:

The answer is C. competitive marketing intelligence

Explanation:

Competitive marketing intelligence may be a powerful research-based method employed by a company to collect, analyze, and use information collected on competitors, economic conditions, customers etc to a achieve business's competitive advantage.

The information-gathering analysis process can help a corporation develop its strategy or identify competitive gaps. It identifies threats and opportunities within the business

An investment earns 35% the first year, earns 40% the second year, and loses 37% the third year. The total compound return over the 3 years was ______. Multiple Choice 158.93% 19.07% 38.00% 6.36%

Answers

Answer:

19.07%

Explanation:

The computation of the total compound return over the 3 years is shown below:

= (1 + investment percentage earned in first year) × (1 +  investment percentage earned in second year)  × (1 +  investment percentage loss in second year)

= (1 + 0.35) × (1 + 0.40) × (1 - 0.37)

= 1.35 × 1.40 × 0.63

= 1.1907

= 19.07%

Wolverine Company financial statements included the effects of these errors: Reported Net Income for Year 1 was $20,000. Reported Net Income for Year 2 was $18,000. Indicate the error in 12/31/2 Retained Earnings:

Answers

Answer:

Net income year 2 = $21,300

Explanation:

I looked for the missing information and found this:

Year            Depreciation overstated         Prepaid expense omitted

1                              $2,500                                $2,000

2                             $4,000                                $2,700

If your question doesn't include the same values, just adjust the answer.

Year 2's net income = net income (year 2) + overstated depreciation (year 2) + omitted prepaid expenses (year 1) - omitted prepaid expenses (year 2) = $18,000 + $4,000 + $2,000 - $2,700 = $21,300

you have just deposited $11000 in to an account that promises to pay you an annual interest rate of 6.5 percent each year for the next 6 years. You will leave the money invested in the account and 10 years from today. you need to have $26300 in the account. What annual interest rate must you earn over the last 4 years to accomplish this goal

Answers

Answer:

Over the last 4 years to accomplish this goal the annual interest rate must be 13.14 %.

Explanation:

First find the Future value (FV) of $11,000 at the end of the 6th year as follows :

PV = -$11,000

r = 6.50%

p/yr = 1

n = 6

Pmt = $0

FV = ?

Using a financial calculator, the Future Value (FV) is $16,050.57

Therefore, the amount invested will amount to $16,050.57 in 6 year.

Next we then calculate the interest rate that will give us $26300 in the next four years (remainder of the 10 years)

PV = -$16,050.57

FV = $26,300

P/yr = 1

n = 4

Pmt = $0

r = ?

Using a financial calculator, the Interest rate (r) is 13.14 %

Conclusion :

Over the last 4 years to accomplish this goal the annual interest rate must be 13.14 %.

You’ve just secured a new client in your accounting practice, Peter's Pool Corporation (PPC), a brand new small business specializing in pool service. The owner, Peter Peck, is a terrific swimmer and pool repair specialist, but definitely not an accountant. Your job is to help Peter put his affairs in order. Luckily, Peter has only been in operation for a month and things have not gotten too out of hand yet! Peter has to submit his financial statements to his investors and doesn’t know where to begin. It’s your job to go through the complete Accounting cycle to prepare the financial statements for the PPC.

Answers

Answer: just give what u know the business is small so it can’t manage

Explanation:

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