Answer:
1 change of tire
less
Explanation:
Opportunity cost of the next best option forgone when one alternative is chosen over other alternative
Sue's opportunity cost of changing oil = number of tires she changes / number of oil she changes = 20 / 20 = 1 change of tire
Her opportunity cost of changing tires = 20 / 20 = 1
fred's opportunity cost of changing tires = 20 / 10 = 2
her opportunity cost of changing tires is less than that of freds
When total imports of exceed export, then the balance is to be
Answer:
Negative
Explanation:
what are the examples of veriable costs
Answer:
Common examples of variable costs include costs of goods sold (COGS), raw materials and inputs to production, packaging, wages and commissions, and certain utilities (for example, electricity or gas that increases with production capacity).
Explanation:
Yasmin Co. can further process Product B to produce Product C. Product B is currently selling for $33 per pound and costs $29 per pound to produce. Product C would sell for $56 per pound and would require an additional cost of $24 per pound to produce. What is the differential cost of producing Product C
Answer:
Differential cost Product C= $24 per pound
Explanation:
Giving the following information:
Product C would sell for $56 per pound and would require an additional cost of $24 per pound to produce.
The first cost of product B will remain constant whether Product C is made or not. Therefore, it is not an incremental cost.
Differential cost= incremental cost
Differential cost Product C= $24 per pound
3. At the beginning of trading on April 20, an open-end mutual fund with 7,000 shares outstanding owned 4,000 shares of Allstate and 6,000 shares of The Hartford. During the day, an investor bought 150 shares of the mutual fund. The fund manager bought 140 shares of Allstate with the proceeds from the sale of the mutual fund shares. At the end of trading on April 20, Allstate was selling for $125.10 and The Hartford was selling for $68.35. What was the mutual fund's net asset value (NAV) at the end of trading on April 20
Answer:
$129.79
Explanation:
Assets of mutual funds
Shares of Allstate = Total Shares * Selling Price
Shares of Allstate = [4000 + 140] * $125.10
Shares of Allstate = $517,914.
Shares of Hartford = Total Shares * Selling Price
Shares of Hartford = 6000 * $68.35
Shares of Hartford = $410,100.
Net Asset Value = Shares of Allstate + Shares of Hartford
Net Asset Value = $517,914 + $410,100
Net Asset Value = $928,014
Numbers of shares outstanding = 7,000 + 150
Numbers of shares outstanding = 7,150
Net Asset Value per Share = Net Asset Value / Numbers of shares outstanding
Net Asset Value per Share = $928,014/7,150
Net Asset Value per Share = $129.79
So, the mutual fund's net asset value (NAV) at the end of trading on April 20 is $129.79.
During year 1, Yvo Corp. installed a production assembly line to manufacture furniture. In year 2, Yvo purchased a new machine and rearranged the assembly line to install this machine. The rearrangement did not increase the estimated useful life of the assembly line, but it did result in significantly more efficient production. The following expenditures were incurred in connection with this project: Machine $75,000 Labor to install machine 14,000 Parts added in rearranging the assembly line to provide future benefits 40,000 Labor and overhead to rearrange the assembly line 18,000 What amount of the above expenditures should be capitalized in year 2
Answer: $147000
Explanation:
The amount of the above expenditures that should be capitalized in year 2 will be:
Machine = $75000
Add: Labor = $14000
Add: Parts added = $40000
Add: Labor and overhead to rearrange the assembly line = $18,000
Amount capitalized = $75000 + $14000 + $40000 + $18000
= $147000
Retrenching to a narrower diversification base Group of answer choices is a strategy best reserved for companies in poor financial shape. is directed at improving long-term performance by building stronger positions in a smaller number of core businesses. is an attractive strategy option for revamping a diverse business lineup that lacks strong cross-business financial fit. is usually the most attractive long-run strategy for a broadly diversified company confronted with recession, high interest rates, mounting competitive pressures in several of its businesses, and sluggish growth. is sometimes an attractive option for deepening a diversified company's technological expertise and supporting a faster rate of product innovation.
Answer:
is directed at improving long-term performance by building stronger positions in a smaller number of core businesses.
Explanation:
Retrenching to narrower positions is a strategy that can be helpful to build strong market positions in a few core business areas before diversifying the firm's portfolio of goods and services even more.
This strategy is recommended to smaller firms, firms that are not in financial great shape, or firms that have tried to take a position in many markets at the same time, and have had a hard time to adapt to some of them.
Under the ________ leadership style, decision-making power is centralized in the leader. Leaders do not entertain any suggestions or initiatives from subordinates. The ______ management is effective for quick decision making but is generally not successful in fostering employee engagement or maintaining worker satisfaction.
Answer:
Autocratic; autocratic.
Explanation:
A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her.
Some types of power expressed by leaders are referent power, coercive, etc.
An autocratic leadership style accords a centralized decision-making power to the leader. Thus, they do not have to entertain any suggestions or initiatives from their subordinates.
Furthermore, this leadership style is very much effective for making decisions quickly but it's generally not successful in facilitating or enhancing employee engagement with management or maintaining worker satisfaction.
Which of the following is true of the BCG matrix approach. A) It is inexpensive to implement. B) It does not consider relative market share to be a measure of company strength in the market. C) It describes consumer motivations and needs. D) It considers market growth rate to be a measure of market attractiveness. E) It does not have any limitations
Answer:
D) It considers market growth rate to be a measure of market attractiveness
Explanation:
In 1970, Bruce D. Henderson developed and created a growth-share matrix for the Boston Consulting Group (BCG). The Boston Consulting Group (BCG) growth-share matrix is a tool used for analyzing and planning product lines in a business unit. It makes use of a graphical representation of a company's product line and services to analyze and make long-term strategic plans on which to invest more on or sell off.
Generally, products are divided into four (4) main categories in the BCG growth-share matrix;
1. Dogs.
2. Stars.
3. Question marks.
4. Cash cows.
The statement which is true of the Boston Consulting Group (BCG) matrix approach is that, it considers market growth rate to be a measure of market attractiveness.
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research.
Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.
why did the duck cross the road?
will mark brainiest for right answer!
think hard
Answer:
because it was the chicken's day off
Explanation:
Nathan Akpan is planning to invest in a seven-year bond that pays annual coupons at a rate of 7 percent. It is currently selling at $927.23. What is the current market yield on this bond
Answer:
Cost of debt= 8.34%
Explanation:
The yield to maturity to Maturity can be used to work out the cost of debt using the formula below:
YM =( C + F-P/n) ÷ ( 1/2× (F+P))
C- annual coupon,
F- face value ,
P- current price,
n- number of years to maturity
YM - Yield to maturity
C- 7%× 1000 =70 , P= 927.23, F- 1000
AYM = 70 + (1000-927.23)/7÷ 1/2× (1000+927.23)
= 80.39571429 ÷ 963.615
= Yield to maturity = 8.34%
Cost of debt= 8.34%
The correct statement will be that the current market yield on such a bond having an annual coupon rate of seven percent and selling for $927.23 will be around 8.34%.
Calculation of market yield can be done by applying the values available in the information given above to the appropriate formula for calculation of market yield.
Market yieldThe computation of market yield can be done with the help of the following formula,[tex]\rm Market\ Yield= \dfrac{Coupon\ rate\ + Face\ Value- Current\ Price}{\dfrac{1}{2}\ x\ Face\ value\ + Current\ Price}\\ [/tex]Applying the available values to the given formula, [tex]\rm Market\ Yield= \dfrac{\dfrac{(0.07\ x\ 1000)}{7}}{\dfrac{1}{2}\ x\ (1000+927.23)}\\ \\\\ \rm Market\ Yield= \dfrac{80.39}{963.61}\\ \\\\ \rm Market\ Yield= 0.0834[/tex]So, the cost of debt is computed as 8.34%.Hence, the market yield of the bond with 7% coupon rate and market current price of $927.23 is 8.34%.
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The short-run average variable cost curve: a. starts above the origin and always slopes upward. b. is always downward sloping. c. slopes downward at low rates of output and then slopes upward at higher rates of output. d. starts at the origin and always slopes upward. e. is a horizontal line intersecting the vertical axis.
Answer:
c
Explanation:
Jamison is self-employed and he works out of an office in his home. Jamison itemizes his deductions, and the sum of his itemized deduction for non-home business taxes and the real property taxes allocated to business use of the home is less than $10,000. After allocating the home-related expenses between the business office and the rest of the home, which of the following statements regarding the sequence of deductibility of the expenses allocated to the home office business use is correct?
a. Depreciation expense, other expenses, property taxes and interest expense.
b. Other expenses, depreciation expense, property taxes and interest expense.
c. Interest expense and property taxes, other expenses, depreciation expense.
d. Other expenses, property taxes and interest expense, depreciation expense.
Answer: c. Interest expense and property taxes, other expenses, depreciation expense.
Explanation:
In terms of deductibility, interest expenses such as mortgages take precedence along with taxes on property.
After this comes other expenses starting first with direct expenses incurred in providing Jamison's services then there will be other expenses such as insurance, periodic repairs and admin expenses.
At the bottom of the hierarchy is depreciation expense which is the last expense that can be deducted
The advantage of using a safe deposit box at a financial institution is that it is protected by the financial institution’s security system, which usually provides greater protection than the security systems of a private home. Group of answer choices False True
Answer:
True
Explanation:
The biggest advantage of keeping deposits at financial institutions is that they receive more protection in comparison to the security systems of a private home. Hence, the given statement is true.
What is a financial institution?Also known as the banking institutions, financial institutions or FI is a kind of business entity that provides and deals in various types of financial monetary transactions. Basically, a financial institution is a company that deals in the activities such as deposits, loans, investments, and currency exchange. The customers of these institutions are the individuals and businesses who need them.
There are some common types of financial institutions, they are commercial banks, brokerage firms, insurance companies, and investment banks. In the given types of institutions, there are sub-categories also. They are central banks, retail and commercial banks, internet banks, credit unions, savings, and loans associations, investment banks, and many more.
Thus, the given statement is correct.
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Russell Container Corporation has a $1,000 par value bonds outstanding with 30 years to maturity. The bind carries an annual interest payment of $105 and is currently selling for $880 per bond. Russell Corp. is in a 40 percent tax bracket. The firm wishes to know what the after-tax cost of a new bind issue is likely to be. The yield to maturity on the new issue will be the same as the yield to maturity on the old issue because the risk and maturity date will be similar.
a) Compute the yield to maturity on the old issue and use this as the yield for the new issue.
b) Make the appropriate tax adjustment to determine the after-tax cost of debt.
Answer: here is the answer
Explanation: 1gtv/76hg
An asset was purchased for $12,000. The asset's estimated useful life was 5 years and its residual value was $2,000. Straight-line depreciation was used. How much gain or loss is reported if the asset is sold for $400 at the end of the fifth year
Answer:
$1,600 loss
Explanation:
Profit = Proceeds - Carrying Amount
where,
Carrying Amount = Cost - Accumulated depreciation
Accumulated depreciation calculation :
Note the Company uses straight line method.
Depreciation expense = (Cost - Residual) ÷ Estimated Useful Life
therefore,
Depreciation expense = ($12,000 - $2,000) ÷ 5
= $2,000
Accumulated depreciation :
At the end of fifth year we would have used the asset for 5 years.
Accumulated depreciation is the total of depreciation after 5 years.
This would be $10,000 ($2,000 x 5)
thus,
Carrying Amount = $12,000 - $10,000 = $2,000
therefore
Profit = $400 - $2,000
= - $1,600
razell Corporation offers a two-year warranty on its products. The warranty program was expected to cost Brazell 4% of net sales. Net sales in 2020 were $201 million. Fifteen percent of the units sold were returned in 2020 and repaired or replaced at a cost of $5.00 million. The amount of warranty expense on Brazell's 2020 income statement is:
Answer:
$8,040,000
Explanation:
Net sales made under warranty in 2020 = $201 million
Warranty Cost = 4%
Calculation of Warranty expense on Brazell's 2020 income statement:
= Net sales made under warranty in 2020 * Warranty Cost
= $201 million * 4%
= $8,040,000
So, the amount of warranty expense on Brazell's 2020 income statement is $8,040,000.
Vaughn Manufacturing can produce and sell only one of the following two products: Oven Contribution Hours Required Margin Per Unit Muffins 0.2 $7 Coffee Cakes 0.3 $8 The company has oven capacity of 3750 hours. How much will contribution margin be if it produces only the most profitable product
Answer:
The answer is "$131250".
Explanation:
[tex]\text{Hourly margin of contribution}\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \text{Hourly margin of contribution}[/tex]
[tex]Muffin \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \frac{7}{.2} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 35\\\\Coffee\ Cakes \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \frac{8}{.3} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 26.67[/tex]
The muffin should be made better.
Muffins that can be manufactured.
[tex]\to \frac{3750}{.2} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ = 18750\\\\ \to 18750 \times 7\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ = 131250 \\\\[/tex]
help please!!
Why did unemployment rise during the Great Recession?
Answer: Some of the trigger factors included: Drought conditions that ravaged agricultural regions worldwide Low credit availability that added to debt by borrowing Deflation in prices of consumer goods made worse by a drop in wages
Explanation:
Unemployment tends to rise quickly, and often remain elevated, during a recession. With the onset of recession as companies face increased costs, stagnant or falling revenue, and increased pressure to service their debts they begin to lay off workers in order to cut costs.
Tranquility, Inc. has common shares with a price of $18.37 per share. The firm paid a dividend of $1.50 yesterday. If dividends are expected to grow at 9 percent for three years and then at 2 percent thereafter, what is the implied cost of common equity capital for Tranquility
Answer:
11.9981%( approx. 12.00% when rounded to 2 decimal places)
Explanation:
Based on the fact that the current share price is the present value of future dividends and the terminal value of dividends beyond year 3, we can determine the implied cost of common equity capital for Tranquility using the dividend discount model as shown thus:
Current dividend=$1.50
Years 1-3, dividend grows at 9% each year
Year 1 dividend=$1.50*(1+9%)=$1.635
Year 2 dividend=$1.635*(1+9%)=$1.78215
Year 3 dividend=$1.78215*(1+9%)=$1.942544
Terminal value=Year 3 dividend*(1+terminal growth rate)/(cost of equity-terminal growth rate)
terminal growth rate=2%
cost of equity is unknown, let us assume it is K
Terminal value=$1.942544*(1+2%)/K-2%
Terminal value=$1.981395/K-0.02
share price=$1.635/(1+K)^1+$1.78215/(1+K)^2+$1.942544/(1+K)^3+$1.981395/(K-0.02)/(1+K)^3
we need the value of K that gives the share price as $18.37
let us try try 11%
share price=$1.635/(1+11%)^1+$1.78215/(1+11%)^2+$1.942544/(1+11%)^3+$1.981395/(11%-0.02)/(1+11%)^3
share price=$20.44(close to $18.37, not exact)
After series of trials, I got 11.9981%
share price=$1.635/(1+11.9981%)^1+$1.78215/(1+11.9981%)^2+$1.942544/(1+11.9981%)^3+$1.981395/(11.9981%-0.02)/(1+11.9981%)^3
share price=$18.37
To discourage producing for inventory, management can ________.
A) discourage using nonfinancial measures such as units in ending inventory compared to units in sales
B) evaluate performance over a quarterly period rather than a single year
C) incorporate a carrying charge for inventory in the internal accounting system
D) implement absorption costing across all departments
Answer:
incorporate a carrying charge for inventory in the internal accounting system
Explanation:
Inventory
This is simply known as the stock of items that is kept aside by an organization to meet internal or external customer demand. It type s includes: Raw Material, work in progress (WIP), maintenance/repair/operating supply (MRO), finished good etc.
The reasons organizations holds Inventory includes
1. Meet anticipated customer demand
2. To protect against stockouts
3. Take advantage of economic order cycles
4. Maintain independence of operations
5. Guard against price increases, etc.
The objective of inventory control is to handle overstocking or Understocking and also a major challenge is to maintain a good balance between inventory investment and customer service.
Machine A costs $850,000 and would produce cash flows of $220,000 per year for the first two years, $350,000 per year for the next two years, and $150,000 in the final year. Machine B costs $650,000 and would produce cash flows of $250,000 per year for the first two years, $200,000 the following year, $150,000 in its fourth year, and $140,000 in its final year. Your required return is 11%. What is the IRR of buying machine A?
Answer:
The answer is "15.61%"
Explanation:
Please find the solution file in the attachment.
Direct Method Question (2026, Current Period): 2026 2025 A/R 49,000 23,000 Prepaid Insurance 15,000 3,000 Salaries Payable 13,000 5,000 Sales 125,000 63,000 Insurance Expense 20,000 12,000 Salaries Expense 57,000 21,000 What is the second number in the cash event (direct method)
Answer:
$49,000
Explanation:
Missing"Cash Event => Cash Paid for Salaries Second Number => _____ __?___, ______ ______ ______"
Cash paid for salaries (using direct method)
Particulars Amount
Opening salaries payable $5,000
Add: Salaries expense for the current year $57,000
Less: Closing salaries payable $13,000
Cash paid for salaries during current year $49,000
which of the following would be the most effective email subject line
2010 budget
Talking ‘bout the big bucks
Input needed for 2010 budget planning
Projected expenses
The title of “input needed for 2010 budget” will be an appropriate subject for composing an email.
How to compose an email?The subject is the first and foremost part of composing an email that can also be considered as a title for the contents and main body of the email. It gives an idea regarding what are the contents of the email matter.
Hence, option C holds true regarding composing the subject of the email.
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(a) "Fostering a strong credit reputation is an important policy a company should
have in the management of its trade payables". Discuss this statement.
Explanation:
Question : "Fostering a strong credit reputation is an important policy a company should have in the management of its trade payables". Discuss this statement.
Solution :
By saying the statement " fostering a strong credit reputation" means to encouraging a policy for the development of reputation regarding the payment of credit a company is having against trade transaction.
It states that our company can make regular payments against credit which is a good way of establishing and maintaining valuable customer as in the today's market customer's satisfaction is prime objective.
A good trade credit history can mean suppliers treat you as a preferred buyer which in turn results into profit.
Trade credit can do just for many businesses as it not only smooths out the cash flow issues the business might have but also helps in building a strong credit history to show to the lenders.
Supplier can build high credit scores by filing positive report to the credit score bureaus which ultimately results in enhancing the credit scores in the eyes of financial lenders . This is turn helps the company to get easy short term finances.
So, it can be said it is an important policy a company should have for maintaining its trade payables.
Question 4 of 20
What is the main feature of an indirect tax?
A. Businesses collect it from consumers and pass it on to the
government
B. Citizens pay it directly to state, federal, and local governments.
C. Wealthy citizens can choose whether or not they want to pay it.
D. Its revenues are paid to private businesses rather than the
government.
Answer:
A
Explanation:
I'm not 100% certain but if I'm not wrong it has to either be A or D since indirect isnt going STRAIGHT to the gonverment
Answer:
A
Explanation:
dfafda
Wenjing purchases a bond for $2,000 with 12 remaining $40 quarterly coupon payments. The bond broker who sells her the bond reassures her that she will earn a return of 3% per quarter but does not disclose the bond's par value. What par value would result in the return the bond broker promises
Answer:
Wenjing
The par value that would result in the return the bond broker promises is:
= $1,333.
Explanation:
a) Data and Calculations:
Bond amount paid = $2,000
Quarterly coupon payments = $40
Remaining coupon payments = 12
Bond maturity period = 3 years (12/4)
Promised returns per quarter = 3%
Par value of bond = Quarterly premium/Quarterly returns in percentage = $1,333 ($40/0.03)
Check: 3% of $1,333 = $40
This implies that the bond's annual interest rate = 12% (3% * 4)
Westsyde Tool Company is expected to pay a dividend of $1.50 in the upcoming year. The risk-free rate of return is 6%, and the expected return on the market portfolio is 14%. Analysts expect the price of Westsyde Tool Company shares to be $29 a year from now. The beta of Westsyde Tool Company's stock is 1.2. Using the CAPM, an appropriate required return on Westsyde Tool Company's stock is ________. (Hint: CAPM expected return is the required return) 8% 16.8% 15.6% 10.8%
Answer: 15.6%
Explanation:
The Capital Asset pricing model allows for us to calculate the required return on a stock using the risk free rate, the market premium and the beta of the stock.
Using the Capital Asset Pricing Model, the required return is calculated by the formula:
Required return = Risk free rate + Beta * (Market return - Risk free rate)
= 6% + 1.2 * (14% - 6%)
= 15.6%
When preparing interim financial statements, an enterprise should: I. Use the same accounting principles followed in preparing its latest annual financial statements. II. Allocate expenses among all interim periods benefited, if the expenses are expected to benefit not only the period of occurrence but also additional period(s) in the same fiscal year. III. Allocate revenues and expenses evenly over the quarters, regardless of when they actually occurred.
Answer: 1. Use the same accounting principles followed in preparing its latest annual financial statements.
2) Allocate expenses among all interim periods benefited, if the expenses are expected to benefit not only the period of occurrence but also additional period(s) in the same fiscal year.
Explanation:
The Interim financial statements simply means financial statements which cover a period that isn't more than a year.
The interim financial statements are used to show the information with regards to how the issuing entity is performing.
When preparing the interim financial statements, it should be noted that an enterprise should:
• Use the same accounting principles followed in preparing its latest annual financial statements.
• Allocate expenses among all interim periods benefited, if the expenses are expected to benefit not only the period of occurrence but also additional period(s) in the same fiscal year.
Therefore, option I and II are correct.
a. Cash production costs are budgeted at $6 per unit produced. Of these production costs, 40% are paid in the month in which they are incurred and the balance in the following month. Selling and administrative expenses (all paid in cash) amount to $60,000 per month. The accounts payable balance on March 31 totals $96,000, all of which will be paid in April. Prepare a schedule for each month showing budgeted cash disbursements for Edwards Company. b. Assume that all units will be sold on account for $15 each. Cash collections from sales are budgeted at 60% in the month of sale, 30% in the month following the month of sale and the remaining 10% in the second month following the month of sale. Accounts receivable on March 31 totaled $255,000 $(45,000 from February's sales and the remainder from March.) Prepare a schedule for each month showing budgeted cash receipts for Edwards Company.
Answer:
150,000
Explanation:
A special order for 2000 units has been received from a foreign company. The unit price requested is $54. The normal unit price is $80. If the order is accepted, unit variable costs will increase by $2 for additional freight costs. If the order is accepted, incremental profit (loss) will be
Answer:
Incremental profit $4,000
Explanation:
Calculation to determine If the order is accepted, incremental profit (loss) will be
Using this formula
Incremental profit (loss)=(Special order units*unit price)- [Special order units*(Variable cost +Additional freight costs)]
Let plug in the formula
Incremental profit (loss)=(2000* $54) - [2000*($50+$2)]
Incremental profit (loss)=$108,000-(2,000*$52)
Incremental profit (loss)=$108,000 - $104,000
Incremental profit (loss)=$4,000
Therefore If the order is accepted, incremental profit will be $4,000