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.
g Suppose that a pizza store sells pizza and French fries, and their opportunity costs are constant. Assume now that one of the ovens broke and the amount of pizza which can be produced per hour decreased. In this case, the opportunity cost of French fries a. Decreases. b. Does not change. c. Increases. d. Can either increase or decrease (need more information).
Answer:
A) Decreases , or D) Can increase or decrease (need more information)
Explanation:
Opportunity Cost is the cost of next best alternative foregone, while choosing an alternative.
Here, Opportunity cost of french fries - is the units of pizza sacrifised while making a unit french fries.
When oven broke, pizza that can be produced decrease.
If oven break effects (negatively) only pizza, & french fries production capacity stays same ie constant - opportunity cost of french fries {ie pizza sacrifised} decreasesIf oven break effects pizza & french fries production capacity both - then opportunity cost of french fries changes (increase or decrease) based on their quantities' relative fall.Suppose you borrow $1,000 of principal that must be repaid at the end of two years, along with interest of 5 percent per year. If the annual inflation rate turns out to be 10 percent,
Instructions: Enter your responses rounded to the nearest whole number. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers.
a. What is the real rate of interest on the loan?
b. What is the real value of the principal repayment?
Hint: Future value = Present value × (1 + Growth in prices)t, where t is the number of years evaluated, e.g., The real value of loan repayment = Amount of loan × (1 + Real interest rate)t
c. Who loses, the debtor or the creditor?
Answer:
Following are the solution to the given question:
Explanation:
For point a:
Calculating the Real rate of interest:
[tex]\to 5\%-10\%\\\\\to -5\%[/tex]
For point b:
Calculating the Real value of loan repayment:
[tex]\to \$1000 (1-0.05)^2\\\\\to \$902.5[/tex]
For point C:
In this question, the creditor receives less than what he granted he losses that's why the creditor is the correct answer.
Cutter Enterprises purchased equipment for $72,000 on January 1, 2018. The equipment is expected to have a five-year life and a residual value of $6,000. Using the double-declining balance method, depreciation for 2018 and the book value at December 31, 2019, would be:
Answer:
$28,800
$25920
Explanation:
Depreciation expense using the double declining method = Depreciation factor x cost of the asset
Depreciation factor = 2 x (1/useful life)
2018 = 2/5 x 72,000 = 28,800
Book value = 72,000 - 28800 = 43,200
2019 = 2/5 x 43200 = 17280
Book value = 43200 - 17280 = 25290
Whright company os considering an investment in new manufacturing equiipment. the equipment cost 220,000 and will provide annual aftertax inflows of $50,000 at the end of each year for 7 years. the firm's market value debt/quity ratio is 25%, its cost of quity is 14%, and it s pretax cost of debt is 7%. the firm's combined marginal fedreal and state tax rate is 40%. Assume the project is of approxinmately the smae risk as the firm's existing operations.
1. What is Kottinger's weighted average cost of capital?
a. 8.91%
b. 9.99%
c. 10.86%
d. 11.14%
e. 12.04%
2. What is the NPV of the proposed project?
a. $6,297
b. $7,899
c. $9,156
d. $13,436
e. $15,984
Answer:
Kottinger Company
1. Kottinger's weighted average cost of capital is:
= e. 12.04%
2. The NPV of the proposed project is:
b. $7,899
Explanation:
a) Data and Calculations:
Cost of new manufacturing equipment = $220,000
Annual after-tax inflows = $50,000
Project period = 7 years
Market value of debt/equity ratio = 25%
Equity ratio = 100%
Firm's total value = 125% (100% + 25%)
Debt market value weight = 25%/125% = 20%
Equity market value weight = 100%/125% = 80%
Cost of equity = 14%
Pretax cost of debt = 7%
Marginal tax rate = 40%
After-tax cost of debt = 0.07 * (1 - 0.40) = 4.2%
Weighted average cost of capital = (0.14 * 0.8) + (0.042 * 0.2)
= 0.112 + 0.0084
= 0.1204
= 12.04%
The present value of $50,000 annual cash inflow for 7 years at 12.04% is:
N (# of periods) 7
I/Y (Interest per year) 12.04
PMT (Periodic Payment) 50000
FV (Future Value) 0
Results
PV of annual cash inflows = $227,898.69
PV of investment = $220,000
NPV = $7,898.69 ($227,898.69 - $220,000)
Sum of all periodic payments $350,000.00
Total Interest $122,101.31
_____ is the careful coordination of all promotional activities to produce a consistent, unified message that is customer focused a) Promotional mixing b) Interpersonal and mass communications approach c) Integrated marketing communications d) Promotional mixing e) Creative selling f) Relationship marketing
Answer:
d
Explanation:
_ is the careful coordination of all promotional activities to produce a consistent, unified message that is customer focused a) Promotional mixing b) Interpersonal and mass communications approach c) Integrated marketing communications d) Promotional mixing e) Creative selling f) Relationship marketing
In the country of Sildavia, a market basket of goods and services cost $130 in 2003, $140 in 2004, and $160 in 2005. Based on this information and considering 2003 as the base year, the price index in 2005 was
Answer:
the price index is 114.29%
Explanation:
The computation of the price index is shown below;
= Market basket of goods and services cost in the year 2005 ÷ Market basket of goods and services cost in the year 2005
= $160 ÷ $140
= 114.29%
Hence, the price index is 114.29%
Basically we simply applied the above formula
The price of a stock, which pays no dividends, is $30 and the strike price of a one year European call option on the stock is $25. The risk-free rate is 4% (continuously compounded). Which of the following is a lower bound for the option such that there are arbitrage opportunities if the price is below the lower bound and no arbitrage opportunities if it is above the lower bound?
A. $5.00
B. $5.98
C. $4.98
D. $3.98
E. $5.34
Answer:
B. $5.98
Explanation:
Calculation to determine the lower bound for the option
Using this formula
Lower Bound =Stock Price -Strike Price*e^(-rt)
Where,
Time years =1
Stock Price =$30
Strike Price =$25
Let Plug in the formula
Lower Bound=$30-$25*e^(-4%*1)
Lower Bound =5.98
Therefore the lower bound for the option is 5.98
All of the following are likely to be the Benefits of a college graduate
All of the options are suitable benefits for a college graduate except for the earning of lesser money over time.
What is a college?
A college is a place for studying and attaining a degree in a specialized field by a student after completing high school.
After getting a graduation degree from a college, the benefits available to a student are enhanced access to the new job opportunities, a rise in income, stability & satisfaction toward the job, growth & development in personal skills, and access to more advanced career goals, improvement in health and well being, and many more.
Therefore, the benefits of a college graduate are specified above.
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Sheila decides to invest some of her money. She doesn't like to take big risks, and she wants to be able to access all of her money at all times. She also doesn't mind not earning much interest. Sheila should invest her money in a
Answer:
Debt security
Explanation:
In simple words, debt security is the ideal security for sheila in this case. Debt securities holders are considered as debtors of an organisations, in case of any default debt holders have prior claim on assets, making them more secure.
Due to low risks debt holders do not get very high return but the debt securities can be sold into share market at any time, making them highly liquid.
Which of the following will be accomplished by efficient allocations of the factors of production?
Answer:
fulfilling many needs and wants of society
Explanation:
In producing a product during production, it is always important to ask if society needs the product that we are developing. The key to every successful product is to answer whether the consumer meets the needs.
I dont know if this correect....you don't have any options(^^):^>.<
The follow passage describes how a catalytic converter in a car works. The catalytic converter mostly likely was developed in response to?
A) the demand for more energy-efficient cars
B) the demand for increased car engine power
C) a need for lower-priced cars
D) a need to reduce air pollution
Answer:
Its A
Explanation:
Its A
Answer:
A
Explanation:
I did this before
is management essential in profit organization give reason
Answer:
Yes
Explanation:
Management assists in the achievement of the organizational objectives such as profit. Management needs management that can plan, integrates computation, and integrates the resources as efficiently as possible to achieve goals. Management organizes the unorganized reserves of men, machine tools, money, and so on into productive enterprise.
Use the following account balances from the adjusted trial balance columns of RB Auto's worksheet to answer below question.
Account Debit Balance Credit Balance
Cash 20,500
Merchandise Inventory 1,000
Accounts Payable 2,800
R. Holloway, Drawing 500
R. Holloway, Capital 13,000
Sales 15,000
Purchases 2,000
Purchase Returns and Allowances 200
Rent Expense 3,000
Salaries Expense 4,000
Select the correct closing entry that RB Auto would make to close their expense account(s) at the end of the accounting period.
a. debit Income Summary $9,000 and credit R. Holloway, Capital for $9,000.
b. debit Salary Expense $4,000; debit Rent Expense $3,000; debit Purchases $2,000 and credit Income Summary S9,000.
c. debit R. Holloway, Capital $9,000 and credit Salary Expense $4,000; credit Rent Expense $3,000; credit Purchases $2,000.
d. debit Income Summary $9,000 and credit Salary Expenses $4,000; credit Rent Expense $3,000; credit Purchases $2,000.
Answer:
d. debit Income Summary $9,000 and credit Salary Expenses $4,000; credit Rent Expense $3,000; credit Purchases $2,000.
Explanation:
Based on the information given the correct closing entry that RB Auto would make to close their expense account(s) at the end of the accounting period is:
Debit Income Summary $9,000
($4,000+$3,000+$2,000)
Credit Salary Expenses $4,000
Credit Rent Expense $3,000
Credit Purchases $2,000
(To close expense account)
Governments receiving federal grants and contract funds are expected to have an accounting information system with adequate internal controls that can deliver reliable information to compare the actual amount spent with budgeted amounts. True False
Answer:
True.
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).
Internal controls can be defined as the policies, set of rules, and procedures implemented or put in place by an organization to protect its assets, boost efficiency, enhance financial accountability, enforce adherence to company policies and prevent fraudulent behaviors among the employees.
The main purpose of internal controls is to guarantee that loss is eliminated by ensuring that there is an accurate and reliable accounting system.
An internal control involves the timely use of both internal and external sources of auditing or financial reporting and as such enhance the maintenance of accurate and proper financial records which would also improve their operational efficiency.
Hence, internal controls if properly executed helps to increase operational efficiency, protect and safeguard assets, provides accurate financial information, prevents fraudulent or unlawful behaviors, timeliness of financial records and reporting.
In conclusion, it's very important that governments receiving federal grants and contract funds have an accounting information system with adequate internal controls capable of delivering reliable information to compare the actual amount spent with budgeted amounts.
WILL GIVE BRAINLIEST!! (PERSONAL AND FAMILY FINANCE)
Lavonda wants to become a famous singer. She meets with an agent in New York City who tells her that he will represent her in return for 10 percent of everything she earns. Lavonda agrees, and they write down these shared expectations and demands. What type of written agreement does this describe?
A.
contract
B.
power of attorney
C.
living will
D.
insurance policy
Contract agreement this describe.
Am my answer is right?
Is it safe to buy scented candles from online sties?
Answer:
Yes, its safe
Explanation:
Generally speaking, it is very safe to buy candles on regular e-commerce platforms or brand independent websites.Buy scented candles online and you'll see more products, more details, and more comparisons.At the same time, online candle shop prices are more appropriate, for buyers are also guaranteed.For example, I highly recommend a candle shop: Home Lights Candles!
Sheffield Co. uses the gross method to record sales made on credit. On July 1, 2020, it made sales of 83,000 with terms 2/10 n/30. On July 9, 2020, Sheffield received full payment for the July 1 sale. Prepare the required journal entries for Sheffield Co. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
Answer:
July 1
Dr r Accounts Receivable $83,000
Cr Sales Revenue $83,000
July 9
Dr Cash $81,340
Dr Sales Discount $1,660
Cr Accounts Receivable $83,000
Explanation:
Preparation of the required journal entries for Sheffield Co.
July 1
Dr r Accounts Receivable $83,000
Cr Sales Revenue $83,000
July 9
Dr Cash $81,340
[($83,000 -($83,000 *.02)]
Dr Sales Discount $1,660
($83,000-$81,340)
Cr Accounts Receivable $83,000
LA Fitness is a regional chain of health clubs. The manager of the clubs, who have the authority to make investments as needed are evaluated based on ROI. The company's NW DC club reported the follwoing results for the past year: Sales $12,500,000 Variable expenses 9,380,000 Contribution margin 3,220,000 Fixed expenses 2,716,000 Net operating income $504,000 Average operating assets $7,000,000 At the beginning of this year, the manager has a $750,000 investment opportunity with the following characteristics: Sales $560,000 Contribution margin ratio 50% of sales Fixed expenses $246,400 (Show your work) 1. What was last year's return on investment (ROI) for the club
Answer:
LA Fitness
NW DC club
Last year's return on investment (ROI) for the club is:
= 7.2%.
Explanation:
a) Data and Calculations:
Sales $12,500,000
Variable expenses 9,380,000
Contribution margin 3,220,000
Fixed expenses 2,716,000
Net operating income $504,000
Average operating assets $7,000,000
Return on investment = $504,000/$7,000,000 * 100
= 7.2%
The current investment opportunity this year:
Sales $560,000
Contribution margin ratio 50% of sales
Fixed expenses $246,400
Investment cost $750,000
Sales $560,000
Variable costs 280,000
Contribution margin 280,000 (50% of sales)
Fixed expenses $246,400
Net operating income $33,600
ROI = $33,600/$750,000 * 100 = 4.48%
Discuss how career choices impact the balance between personal and professional responsibilities. In your response, consider components of your career plan such as the number of years of training and work-life balance.
Answer:
PERFORMANCE TASK NO. 1
Emergency Plan
1. What will you include in your own emergency kit when preparing for a volcanic eruption? Make a poster of
things you should include in your own emergency kit. ( use the half back page of this paper)
2. Make an evacuation plan. Draw a simple map of your home. Mark the exits and trace a path that can reach
the exits at the shortest possible time. Please use the other half back page of this paper.
Indicators
Proficient
3
Non-Proficient
Excellent
4
Category
Progressing
2
Information is organized in a
clear, logical way.
Most information is
organized in a
clear, logical way.
Some information is
logically sequenced.
Content
There is no clear
plan for the
organization of
information.
He/She is able to create a
plan that shows his/her
original and creative ideas,
He/She is able to
create a plan
Originality
He/She is able to
create a plan which is
partly original.
He/She is able to a
create plan copied
from work of others.
Spelling
and
Grammar
Presentation has no
misspellings or grammatical
errors.
Presentation has a
few minor errors
but doesn't distract
from presentation.
Presentation has
frequent grammatical,
and begins to distract
from presentation.
Information has
constant errors and
are distracting from
presentation.
Explanation:
Hello
Answer:
Mainaining a healthy balance between personal and professional responsibilities can be hard when it come to career choices. Sometimes a job requires you to do things that may affect your personal life like long hours or moving to a different location. It can be very diffucult to find a balance and you might go through some tough decisions to get there but once you do it'll be worth it.
Explanation:
Supply-side policy is designed to a. Move the economy from a point inside the production possibilities curve to a point on the curve and shift the aggregate supply curve to the left. b. Move the economy from a point inside the production possibilities curve to a point on the curve and shift the aggregate supply curve to the right. c. Shift the production possibilities curve outward and shift the aggregate supply curve to the left. d. Shift the production possibilities curve outward and shift the long-run aggregate supply curve to the right.
Answer:
c. Shift the production possibilities curve outward and shift the aggregate supply curve to the left.
Explanation:
A supply-side economist can be defined as economists who believes that the ability and willingness of the producers of goods and services to manufacture or produce sets the pace for the economic growth of a country.
This ultimately implies that, increasing the supply of goods and services would cause an economic growth for a country.
Generally, supply-side economist are of the opinion that one of the best way to grow a country's economy is by introducing tax cuts so as to increase the incentive for households to work and invest.
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of supply states that the higher the price of goods and services, the lower the supply.
An aggregate supply curve gives the relationship between the aggregate price level for goods or services and the quantity of aggregate output supplied in an economy at a specific period of time.
Aggregate supply (AS) refers to the total quantity of output (goods and services) that firms are willing to produce and sell at a given price in an economy at a particular period of time.
The production possibilities curve (PPC) is also known as the production possibilities frontier (PPF) and its a curve which illustrates the maximum (best) combinations of two products that can be produce in an economy if they both depend on these factors;
1. Technology is fixed.
2. Resources are fixed.
Hence, a supply-side policy is designed to shift the production possibilities curve outward and shift the aggregate supply curve to the left.
Budget Performance Reports for Cost Centers Partially completed budget performance reports for Delmar Company, a manufacturer of light duty motors, follow:
Delmar Company
Budget Performance Report—Vice President, Production
For the Month Ended June 30
Plant Actual Budget Over Budget (Under) Budget
Eastern Region $4,200,000 $4,250,000 $(50,000)
Central Region 6,175,000 6,200,000 (25,000)
Western Region (g) (h) $(i)
$(j) $(k) $(l) $(75,000)
Delmar Company
Budget Performance Report—Manager, Western Region Plant
For the Month Ended June 30
Department Actual Budget Over Budget (Under) Budget
Chip Fabrication $(a) $(b) $(c)
Electronic Assembly 2,575,000 2,500,000 75,000
Final Assembly 1,640,000 1,700,000 $(60,000)
$(d) $(e) $(f) $(60,000)
Delmar Company
Budget Performance Report—Supervisor, Chip Fabrication
For the Month Ended June 30
Cost Actual Budget Over Budget (Under) Budget
Factory wages $1,450,000 $1,200,000 $250,000
Materials 1,575,000 1,600,000 $(25,000)
Power and light 945,000 900,000 45,000
Maintenance 330,000 300,000 30,000
$4,300,000 $4,000,000 $325,000 $(25,000)
a. Complete the budget performance reports by determining the correct amounts for the lettered spaces (a-l) as marked above.
b. Complete the following memo to Randi Wilkes, vice president of production for Delmar Company, explaining the performance of the production division for June.
Answer:
Delmar Company
Delmar Company
Budget Performance Report—Vice President, Production
For the Month Ended June 30
Plant Actual Budget Over Budget (Under) Budget
Eastern Region $4,200,000 $4,250,000 $(50,000)
Central Region 6,175,000 6,200,000 (25,000)
Western Region 8,515,000 8,200,000 $375,000
$18,890,000 $18,650,000 $375,000 $(75,000)
Delmar Company
Budget Performance Report—Manager, Western Region Plant
For the Month Ended June 30
Department Actual Budget Over Budget (Under) Budget
Chip Fabrication $4,300,000 $4,000,000 $300,000
Electronic Assembly 2,575,000 2,500,000 75,000
Final Assembly 1,640,000 1,700,000 $(60,000)
$8,515,000 $8,200,000 $375,000 $(60,000)
b. Memo to Randi Wilkes, Vice President
To: Vice President, Production
From: FC
Subject: Budget Performance Report—For the Month Ended June 30
Date: July 3, 2021
The above-mentioned subject refers.
The production division incurred $315,000 more costs than budgeted. The extra costs are reflected in the increasing cost of producing light duty motors in the Western Region. The overall increase is caused by the regional differences in Chip fabrication and Electronic Assembly.
There is a need to review production activities with these two production processes with a view to reducing costs.
Regards,
Explanation:
a) Data and Calculations:
Delmar Company
Budget Performance Report—Vice President, Production
For the Month Ended June 30
Plant Actual Budget Over Budget (Under) Budget
Eastern Region $4,200,000 $4,250,000 $(50,000)
Central Region 6,175,000 6,200,000 (25,000)
Western Region (g) (h) $(i)
$(j) $(k) $(l) $(75,000)
Delmar Company
Budget Performance Report—Manager, Western Region Plant
For the Month Ended June 30
Department Actual Budget Over Budget (Under) Budget
Chip Fabrication $(a) $(b) $(c)
Electronic Assembly 2,575,000 2,500,000 75,000
Final Assembly 1,640,000 1,700,000 $(60,000)
$(d) $(e) $(f) $(60,000)
Delmar Company
Budget Performance Report—Supervisor, Chip Fabrication
For the Month Ended June 30
Cost Actual Budget Over Budget (Under) Budget
Factory wages $1,450,000 $1,200,000 $250,000
Materials 1,575,000 1,600,000 $(25,000)
Power and light 945,000 900,000 45,000
Maintenance 330,000 300,000 30,000
$4,300,000 $4,000,000 $325,000 $(25,000)
a. = $4,300,000
b. = $4,000,000
c. = $300,000 ($325,000 - $25,000)
d. = $8,515,000 ($4,300,000 + 2,575,000 + 1,640,000)
e. = $8,200,000 ($4,000,000 + 2,500,000 + 1,700,000)
f. = $375,000 ($300,000 + 75,000)
g. = $8,515,000
h. = $8,200,000
i. = $375,000
j. = $18,890,000 ($4,200,000 + 6,175,000 + 8,515,000)
k. = $18,650,000 ($4,250,000 + 6,200,000 + 8,200,000)
l. = $375,000
In this exercise we have to use our knowledge of finance, that is, from the given budget we will have to fill in the values correctly, in this way we have that it will correspond to :
a) [tex]\$4,300,000[/tex]
b) [tex]\$4,000,000[/tex]
c) [tex]\$300,000[/tex]
d) [tex]\$8,515,000[/tex]
e) [tex]\$8,200,000[/tex]
f) [tex]\$375,000[/tex]
g) [tex]\$8,515,000[/tex]
h) [tex]\$8,200,000[/tex]
i) [tex]\$375,000[/tex]
j) [tex]\$18,890,000[/tex]
k) [tex]\$18,650,000[/tex]
l) [tex]\$375,000[/tex]
b. The creating of goods estrangement bring upon oneself $315,000 more costs than budgeted. The extra costs happen reflected fashionable the becoming larger cost of bearing light moral obligation motors fashionable the Western Region. The overall increase happen bring about by the characteristic of a region opposing views fashionable Chip lie and Electronic Assembly.
So now, taking the budget informed in the texts we find that:
| Department | Actual | Budget | Over | (Under) Budget |
|--------------------------------|--------------------|------------------|----------------|----------------|
| Chip Fabrication | 4,200,000 | 4,250,000 | | 50,000
| Electronic Assembly | 6,175,000 | 6,200,000 | | 25,000
| Final Assembly | (g) | (h) | (i) |
| Total | (j) | (k) | (l) | 75,000
Now doing the calculations of each alternative previously informed we find that:
[tex]g) $8,515,000\\h) $8,200,000\\i) $375,000\\j) ($4,200,000 + 6,175,000 + 8,515,000)= $18,890,000\\k) ($4,250,000 + 6,200,000 + 8,200,000)= $18,650,000\\l) $375,000[/tex]
So now, taking the budget informed in the texts we find that:
| Department | Actual | Budget | Over Budget | (Under) Budget |
|---------------------------|------------------|-----------------|--------------------|----------------|
| Chip Fabrication | (a) | (b) | (c) | 75,000
| ElectronAssembly | 6,175,000 | 6,200,000 | | 25,000
| Final Assembly | 1,640,000 | 1,700,000 | (60,000
| Total | (d) | (e) (f) | 60,000
Now doing the calculations of each alternative previously informed we find that:
[tex]a) $4,300,000\\b) $4,000,000\\c) ($325,000 - $25,000)=$300,000\\d)($4,300,000 + 2,575,000 + 1,640,000)= $8,515,000\\e) ($4,000,000 + 2,500,000 + 1,700,000)=$8,200,000\\f) ($300,000 + 75,000)=$375,000[/tex]
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Kendall, who just moved into his new farm, notices his neighbor comes onto Kendall’s property every Sunday morning, goes fishing at the lake, and picks apples from Kendall’s apple tree. Kendall is aware that the neighbor has an easement to cross his property to access the lake, but the neighbor tells Kendall he can take as many apples as he wants. Is the neighbor correct?
[tex]\huge\color{purple}{\mathbb{ANSWER:}}[/tex]
No, his neighbor should ask for permission first befor coming to Kendall's property. His neighbor must know how to respect Kendall's privacy. He should know his limits.
A development right or easement granted to one party by another that provides access to and from private lands.
No, even though the easement allows the neighbor to utilize the land, he is not permitted to take anything from it.
Therefore, If the only way to get to a piece of land is to pass through your property, the law recognizes an easement that allows access over your property.
This is referred to as "comfort by necessity." When land is subject to such an easement, the landowner is not allowed to interfere with the legal rights of the neighbor.
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In the first quarter of operation, the Blending Department of ChemUSA produced 50,000 barrels of Compound X and left 20,000 barrels in ending work-in-process inventory which was, on average, 55 percent completed. A total of $231,800 was incurred in that period. There was no beginning work-in-process inventory. Required: 1. Determine the amount of Compound X started in the first quarter. 2. Compute the cost of Compound X transferred to finished goods and the amount of work-in-process inventory as of the end of the first quarter.
Answer:
1. Compound X started in first quarter = 50,000 Barrels + 20,000 Barrels
Compound X started in first quarter = 70,000 Barrels.
2. Finished goods unit = 50,000
Finished goods completed % = 100%
Finished goods equivalent Units = 50,000 * 100% = 50,000
Work in process unit = 20,000
Work in process completed % = 55%
Work in process equivalent Units = 20,000*55% = 11,000
Total Equivalent Unit = 50,000 + 11,000 = 61,000
Cost per equivalent unit = $231800/61000 = $3.80
Total cost = [Finished goods equivalent Units*Cost per equivalent unit] + [Work in process equivalent Units*Cost per equivalent unit]
Total cost = 50,000*$3.80 + 11,000*$3.80
Total cost = $190,000 + $41,800
Total cost = $231,800
You borrow a certain amount of money. Its annual interest rate is 6%, four-year (48 months) loan for a new delivery truck. Payments of $676.65 are required at the end of each month for 48 months. How much do you borrow
Answer:
The amount borrowed is:
= $28,811.97.
Explanation:
a) Data and Calculations:
Annual interest rate = 6%
Loan period = 4 years or 48 months
Monthly payments = $676.65
From an online financial calculator, the amount borrowed is:
N (# of periods) 48
I/Y (Interest per year) 6
PMT (Periodic Payment) 676.65
FV (Future Value) 0
Results
PV = $28,811.97
Sum of all periodic payments $32,479.20
Total Interest $3,667.23
The manager of the Dinners Delight franchised restaurant chain is in the process of establish quality-control charts for the time that its service people give to each customer. Management thinks the length of time that each customer is given should remain within certain limits to enhance service quality. A sample of 3 service people was selected, and the customer service they provided was observed four times. The activities that the service people were performing were identified, and the time to service one customer was recorded as noted below:
Service Person Sample 1 Sample 2 Sample 3 Sample 4
1 200 150 175 90
2 120 85 105 75
3 83 93 130 150
4 68 150 145 175
5 110 90 75 105
6 115 65 115 125
A sample of six service personnel was observed, and the following customer service times in seconds were recorded: 180, 125, 110, 98, 156, and 190. Is corrective action called for?
Answer:
The behavior is regulated as well as corrective measures are not necessary. A further explanation is provided below.
Explanation:
According to the given,
Mean,
= 143.17
Standard Deviation
= 37.91
Sigma level,
= 3
Now,
The upper control limit will be:
⇒ UCL = [tex]Mean+3SD[/tex]
On putting the values, we get
= [tex]143.17 + (3\times 37.91)[/tex]
= [tex]143.17 + (113.73)[/tex]
= [tex]256.9[/tex]
The lower control limit will be:
⇒ LCL = [tex]Mean-3SD[/tex]
On putting the values, we get
= [tex]143.17 - (3\times 37.91)[/tex]
= [tex]143.17-113.73[/tex]
= [tex]29.44[/tex]
Even though all values are somewhere between LCL as well as UCL. Thus the above is the right answer.
On January 1, Year 1, McClurg Corporation issues 5%, 11-year bonds with a face amount of $70,000 for $76,180. The market interest rate is 4%. Interest is paid semiannually on June 30 and December 31. Complete the necessary journal entry for the issuance of the bonds by selecting the account names from the drop-down menus and entering the associated dollar amounts. Record the issuance of 5%, 11-year bonds with a face value of $70,000 for $76,180
Answer and Explanation:
The journal entry to record the issuance of the bond is given below:
cash $76,180
To premium on bonds payable $6,180 ($76180 - $70000)
To bonds payable $70,000
(Being the issuance of the bond is recorded)
here the cash is debited as it increased the assets and credited the premium on bond payable & bond payable as it also increased the liabilities
Leola just finished high school. She would like to earn a bachelor’s degree so she can get a job in Manufacturing. For which careers would Leola most likely need a bachelor’s degree?
a)Industrial Engineer and Technician and Production Clerk
b)Production Worker and Repair Technician
c)Purchasing Agent and Product Safety Engineer
d)Filling Machine Operator and Occupational Health and Safety Specialist
Answer:
B
Explanation:
Answer:
C
Explanation:
Debt-to-equity ratio is:
Question 11 options:
calculated by dividing total liabilities by net worth.
calculated by dividing monthly debt payments by net monthly income.
determined by dividing your assets by liabilities.
rarely used by creditors in determining credit worthiness.
Answer: calculated by dividing total liabilities by net worth.
Explanation:
The debt to equity ratio is used to know how credit worthy a company is. This is gotten by dividing the total liability of a company by the equity of the shareholder.
It should be noted that the debt t equity ratio isn't gotten dividing your assets by liabilities. Therefore, based on the information given above, the answer is A.
Answer:
A
Explanation:
i took the quiz
Peterson Company purchased machinery for $960,000 on January 1, 2014. Straight-line depreciation has been recorded based on a $60,000 salvage value and a 5-year useful life. The machinery was sold on May 1, 2018 at a gain of $18,000. How much cash did Peterson receive from the sale of the machinery
Answer:
198,000
Explanation:
(960000 - 60,000) / 5 = 180k
Deprecation expense = 180,000 x 5 = 720,000
Deprecation expense from January to April = 4/12 x 180000
720 + 75h
Cost of Quality Report A quality control activity analysis indicated the following four activity costs of a hotel: Inspecting cleanliness of rooms $175,000 Processing lost customer reservations 40,000 Rework incorrectly prepared room service meal 20,000 Employee training 265,000 Total $500,000 Sales are $4,000,000. Prepare a cost of quality report. Round percent of sales to one decimal place. Cost of Quality Report Quality Cost Classification Quality Cost Percent of Total Quality Cost Percent of Total Sales Prevention $fill in the blank 1 fill in the blank 2 % fill in the blank 3 % Appraisal fill in the blank 4 fill in the blank 5 % fill in the blank 6 % Internal failure fill in the blank 7 fill in the blank 8 % fill in the blank 9 % External failure fill in the blank 10 fill in the blank 11 % fill in the blank 12 % Totals $fill in the blank 13 fill in the blank 14 % fill in the blank 15 %
Answer: Check attachment
Explanation:
Quality cost:
Prevention $265000
Appraisal $175000
Internal failure $20000
External failure $40000
Total $500000
Percent of total quality was calculated as:
Quality cost classification/Total
e.g. Prevention = 265000/500000 × 100 = 53.00%
Check attachment for further information.