Answer:
Budgeted cost of goods sold = $7,650,000
Explanation:
Computation table for budgeted cost of goods sold
Particular Amount
Total Sales 225,000
Add: Desired stock in hand 90,000
Less: Beginning stock 60,000
Budgeted production 255,000
Budgeted cost of goods sold = 255,000 x $30
Budgeted cost of goods sold = $7,650,000
Did you know that you can save 15 or more on car insurance by switching to geico??
;o
Answer:
wait really???
Explanation:
Did you know switching to Geico could save you 15% or more on car insurance?
sells one-year online subscriptions for viewing classic movies. Customers are required to pay for the subscription at the beginning of the subscription period. On April 1, 2021, total sales of one-year subscriptions are $12,000. What adjusting entry does WatchTV need to record on December 31, 2021
Answer:
a. Debit deferred revenue and credit service revenue for $9000.
Explanation:
Note: The full question is attached as below
Subscription earned for 9 months = $12000 / 12 * 9
Subscription earned for 9 months = $9,000
Date Account titles Debit Credit
Dec 31, 2021 Deferred revenue $9,000
To Service revenue $9,000
What should be the price of a stock with a beta of 0.7 that just paid a dividend of $1.25 that is expected to grow at 4% if the risk-free rate is 3% and the expected market return is 10%?A. $69.44 B. $33.33 C. $32.05 D. $72.22
Answer: $32.05
Explanation:
Beta = 0.7
Dividend = $1.25
Growth rate = 4%
Risk free rate = 3%
Market return = 10%
Since, Required return = risk free rate + beta × (market rate - risk free rate)
We will then slot in the values and.this will be:
= 3% + 0.7 × (10% - 3%)
= 3% + (0.7 × 7%)
= 3% + 4.9%
=7.9%
The price of the stock will then be:
= D1/(Required return-Growth rate)
=1.25 / (0.079 - 0.04)
= 1.25 / 0.039
= $32.05
Tech Gadgets Co. distributes complex and relatively expensive goods, with customers typically requiring assistance before purchasing. The channels for these types of products are often structured to be a. intensive. b. comparative. c. pulled. d. selective.
Answer:
A). Intensively.
Explanation:
From the question, we are informed about, how Tech Gadgets Co. distributes complex and relatively expensive goods, with customers typically requiring assistance before purchasing. In this case , The channels for these types of products are often structured to be intensive. Intensive distribution channel could be regarded as a form of marketing strategy , it is apply when a company is making effort to sell out their goods/products to the range of small vendor and big store. As far this intensive is concerned, all available possible outlets is utilize to distribute the product.
.
Is standardizing physical distribution function true or false
Answer:
Ture
Explanation:
.....................
During the year, the company produced and sold 40,000 units of product at a selling price of $14.43 per unit. There was no beginning inventory of product at the beginning of the year. What is the contribution margin for the year
Answer:
$392,200
Explanation:
Calculation for the contribution margin for the year
Using this formula
Contribution Margin= Sales-Variable costs
Let plug in the formula
Contribution Margin=(14.43 per unitsx 40,000 units) - $185,000
Contribution Margin=$577,200-$185,000
Contribution Margin=$392,200
Calculation for variable costs
Manufacturing $114,000
Marketing: 31,000
Administrative: 40,000
Total variable costs=$185,000
Therefore the contribution margin for the year will be $392,200
After year 3, free cash flows are expected to grow at a constant 5% a year indefinitely. The discount rate is 10%. The firm has debt of $50 million, cash of $20 million and has 10,000,000 shares outstanding. What is the price of the stock
Answer:
The price of the stock = $26.69
Explanation:
Missing question at inception is as follows "A firm expects the following free cash flows: Year 1: $10 million, Year 2: $12 million, Year 3: $15 million"
Year Cash-flows"million D. rate at 10% Discounted cash flows
1 10 0.9091 9.0910
2 12 0.8264 9.9168
3 15 0.7513 11.2695
4 315 0. 7513 236.6595
Total $266.9368
The price of the stock = Total Present value of cash flows / Number of Shares outstanding
The price of the stock = $266,936,800 / 10,000,000 shares
The price of the stock = $26.69368
The price of the stock = $26.69
Thus, the price of the stock is $26.69 per share
Note:
Present value of future cash flows at year 3 = 15*(1.05/10%-5%) = 15*(1.05/5%) = 15 * 21 = $315 million
Discount rate for each year = 1/(1+r)^1 = 1/(1+0.10)^1 = 1/1.10 = 0.90909
Additional information:During the year, $80 of common stock was issued in exchange for plant assets. No plant assets were sold in 2020.Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
Answer:
Note: The full question is attached as picture below
Statement of cash flow - Pharaoh Company
Cash Flows From Operating Activities
Net Income $780
Adjustment
Depreciation Expenses $130
Gain On Sale Of Investment -$70
Increase In Receivable -$470
Decrease In Inventories $240
Increase In Accounts Payable $280
Decrease In Accrued Liabilities -$70
$40
Net Cash From Operating Activities $820
Cash Flows From Investing Activities
Sale Of Long Term Investment $190
(1400-1280)+70
Purchase Of Plant Assets -$190 $0
Net Cash Used Investing Activities $0
Cash Flows From Financing Activities
Repayment Of Bonds Payable -$140
Issue Of Common Stock $210
Payment Of Dividends -$260
Net Cash From Financing Activities -$190
Net Increase In Cash And Cash Equivalents $630
Beginning Cash Balance $1,130
Ending Balance $1,760
Stock prices and stand-alone risk You invest $100,000 in 40 stocks, 20 bonds, and a certificate of deposit (CD). What kind of risk will you primarily be exposed to?
a. Portfolio risk
b. Stand-alone risk
Generally, investors would prefer to invest in assets that have: _________.
a. A high level of risk and low expected returns
b. A low level of risk and high expected returns
Answer and Explanation:
The risk that primarily be exposed is portfolio risk as the portfolio risk is the risk in which the risk is associated with the overall portfolio. On the other hand the stand alone risk is the risk that is associated with the single one only.
Since in the given situation, there is a different type of investment this represents that this is a portfolio risk
The investor always prefer for less level of risk and the high expected return in order to maximize the investment return with lesser risk level
What is the present value of receiving $100 investment two years from now at a 10 percent annual discount rate
Answer: $121
Explanation:
The question simply wants us to find the present value of receiving $100 investment two years from now at a 10 percent annual discount rate.
This can be easily solved as follows:
For the first year, the $100 will be worth:
= $100 + ($100 × 10%)
= $100 + ($100 × 0.1)
= $100 + $10
= $110
The worth at the end of the second year will then be:
= $110 + ($110 × 10%)
= $110 + $11
= $121
Which franchise model legally obligates a franchisee to replicate all aspects of the franchisor’s business?
In case of a _____________________ franchise, the franchisee is contractually bound to replicate all aspects of the franchisor’s business.
Answer:
Business
Explanation:
Mark my answer as brainliest and thank me
On January 1, a store had inventory of $48,000. January purchases were $46,000 and January sales were $90,000. On February 1 a fire destroyed most of the inventory. The rate of gross profit was 25% of cost. Merchandise with a selling price of $7,500 remained undamaged after the fire. Compute the amount of the fire loss, assuming the store had no insurance coverage. Label all figures.
Answer:
the amount of the fire loss is $16,000
Explanation:
The computation of the amount of the fire loss is shown below
January 1 inventory $48,000
Add purchases $46,000
Goods Available $94,000
Less Cost of Goods Sold ($90,000 × 100 ÷ 125) $72,000
Less Cost of undamaged goods ($7,500 × 100 ÷ 125) $6,000
Goods Lost by Fire $16,000
hence, the amount of the fire loss is $16,000
1 Which does not shift the production possibility curve outwards?
A higher prices
B higher productivity levels
C improved education and healthcare
D technological advances
Answer: A
Explanation:
The Production Possibilities Curve is a curve to show a country/nation's capability to produce something at their current state. Shifting the PPC outwards means there is some kind of an advancement to the countries' resources, technology, etc. Which increases their capacity, making it possible to reach what was initially unobtainable due to scarcity. Higher prices are usually discussed with demand/supply curves, but even then it does not change the curves since it only increases the quantity supplied or demanded (Ceteris Paribus). Even if something is set at higher prices, that only affects the businesses that go with it. The entire capability of the nation would still stay the same. Is this from AP Macroeconomics?
At the beginning of January of the current year, Thomas Law Center's ledger reflected a normal balance of $52,000 for
accounts receivable. During January, the company collected $14,800 from customers on account and provided additional
services to customers on account totaling $12,500. Additionally, during January one customer paid Thomas $5,000 for services
to be provided in the future. At the end of January, the balance in the accounts receivable account should be:
Answer:
$49,700
Explanation:
Opening balance for accounts receivable: $52,000
Add services provided on account : $12,500
total due from customers : $64,500
less payment received : $14,800
Closing balance : $49,700
The amount received as prepayment is not a receivable but a liability. Receivable refers to money owed to a business by customers for goods or services delivered by payment has not been made.
What is the percentage change in the PV of $100 due in 1 year when the interest rate changes from 5% to 10%?
a. Decreases by 60.6%
b. Decreases by 4.33%
c. Decreases by 4.5%
d. Does not change
e. Increases by 4.5%
f. Increases by 60.6%
Answer:
c. Decreases by 4.5%
Explanation:
Calculation for What is the percentage change in the PV
First step is to calculate the present value when r is 5%
PV = 100 / (1 + 5%)^1
PV = $95.24
Second step is to calculate present value when r is 10%
PV = 100 / (1 + 10%)^1
PV = $ 90.91
Last step is to calculate the percentage change in the PV
Percentage change in the PV = (90.91 - 95.24) * 100 / 95.24
Percentage change in the PV = - 4.55% (Decrease)
Therefore the Percentage change in the PV Decreases by 4.5%
A $10 million investment in 90 day T-bill has a 1.5% quoted yield. An equivalent size 180 day CD has a 1.6% quoted yield. Which security offers the better return
The 90-day T-bill with a quoted yield of 1.5% offers a better return than the 180-day CD with a quoted yield of 1.6%.
What is a better return?Comparatively, we need to annualize the returns to determine the security that offers the better return.
The 90-day T-bill with a quoted yield of 1.5% is compared with the 180-day CD with a quoted yield of 1.6% annually.
Data and Calculations:Treasury Bill Certificate of Deposits
Investment costs $10 million $10 million
Quoted yield per 90 days 1.5%
Quoted yield per 180 days 1.6%
Annualized yield = $600,000 $320,000
($10,000,000 x 1.5%) x 360/90 ($10,000,000 x 1.6%) x 360/180
Thus, the 90-day T-bill with a quoted yield of 1.5% offers a better return than the 180-day CD with a quoted yield of 1.6%.
Learn more about annualized returns at https://brainly.com/question/15326227
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In many organizations, information flows much more freely within functions than it does across functions. __________ represents an expanded effort to overcome this tendency.
Answer:
Enterprise Resource Planning (ERP)
Explanation:
In many organizations, information flows much more freely within functions than it does across functions. Enterprise Resource Planning (ERP) represents an expanded effort to overcome this tendency.
Make a comparison between the government’s roles in a capitalist economic system versus a socialist or communist economic system.
Answer:
see below
Explanation:
In a capitalist economy, the government does not interfere with the economic activities in the country. Its role is minimal and mainly regulatory. It ensures fair play and protects the workers' and customers' interests. The government may also engage in the provision of public goods and services.
In a socialist economy, the government makes all the economic decisions. It produces and distributes of all goods and services. The government makes a central plan that determines what is to be produced, the quantity, and their prices. Almost all the factors of production are controlled and owned by the government.
Outline the initiatives that Woolworths have chosen, use to lessen their impact on environment.
Procrastination may lead to
Answer:
Depression, anxiety, low self-esteem, ADHD, and bad study habits are all possible causes of procrastination. Procrastination is linked to poor performance and hazards to one's mental health. Procrastinators frequently experience significant levels of anxiety and have trouble controlling their impulses.
Explanation:
What is the equation used to calculate profit and loss?
a. Sales + cost of goods sold – other expenses b. Collateral + sales expenses
c. Sales - cost of goods sold – other expenses d. Sales - collateral – expenses
Answer:
c. Sales - cost of goods sold – other expenses
Explanation:
A business is profitable when its revenues exceed expenses. Revenue is the money realized from sales. Expenses are either direct expenses or indirect expenses.
Direct expenses refer to the costs that can be linked to a particular product. They include labor cost, materials, and factory overheads cost. Direct costs are also referred to as the costs of goods sold.
Indirect expenses are the operating cost of a business. They can not be traced to specific goods. They include items such as rent, internet, telephone, administrative salaries, and insurance.
For the current fiscal year, Purchases were $310,000, Purchase Returns and Allowances were $4,600 and Freight In was $25,000. If the beginning merchandise inventory was $190,000 and the ending merchandise inventory was $91,000, the Net Delivered Cost of Purchases is:________.
Answer: $330,400
Explanation:
Based on the values provided in the question, the net delivered cost of purchases will be:
Purchases = $310,000
Less: Purchases return = $4600
Add: Freight in = $25,000
Net delivered cost of purchases =$330,400
Describe strategies that companies can employ to help ensure that employees approach transfers and promotions, particularly when relocation is involved, as development opportunities.
Answer:
The description according to another circumstance is summarized throughout the subsection below.
Explanation:
Younger employee transactions including advancement throughout particular on the change to investment opportunities whenever employers have a comprehensive relocation as well as transition strategy in anything other than a manner however to employee retention.
Almost all of the given opportunities to handle relocations or transitions:
Modification of incentives as well as payouts. Additional help in the sale or purchase of the property. Starting to move your spending.Share information sufficiently about everything from the intent of displacement so it appears to either the individual whereby he or she is of importance to either the mission.
Which type of loan is also known as a cash advance loan or a deferred deposit loan?
Why calculating the unit price of an item is useful when buying?
It helps you to check if the price is correct.
It helps you determine the best offer.
Helps you locate items in the store.
Determine if a coupon can still be used.
Your manager has asked you and several colleagues to brainstorm ideas for better addressing the challenges and opportunities of today’s workforce. Which of the following issues will you and your colleagues be thinking about?
Resilience to severe economic shocks, such as the one experienced in 2007–
2008, and general economic uncertainty
Increased diversity, including but not limited to gender and ethnicity
The role of quality in providing value to customers and reducing costs
Differences in priorities among older and younger employees, with younger people often seeking flexibility over long-term career prospects
Answer:
Differences in priorities among older and younger employees, with younger people often seeking flexibility over long-term career prospects
Automobiles and many other products are differentiated. As a result Group of answer choices the quality of imported automobiles is less than it could be.
The available options are:
A) we see countries specializing completely in the production of automobiles.
B) the quality of imported automobiles is less than it could be.
C) different countries may each have a comparative advantage in producing different types of automobiles.
D) consumers of automobiles have difficulty deciding what type of imported automobile to buy.
Answer:
C) different countries may each have a comparative advantage in producing different types of automobiles.
Explanation:
According to the principle of comparative advantage, Automobiles and many other products are differentiated. As a result of "different countries may each have a comparative advantage in producing different types of automobiles."
This is evident in the fact that some countries may have a comparative advantage to produce Trucks than cars, while some may have a comparative advantage in producing caterpillar than Trucks.
This is also similar in a variety of other products. The comparative advantage could be based on raw materials, expertise, climates, etc.
As part of her retirement planning, Mrs. Campbell purchases an annuity that pays compounded quarterly. If the quarterly payment is $3,500, how much will Mrs. Campbell have saved in 5 years?
Answer: $88289.8
Explanation:
Here's the complete question:
As part of her retirement planning, Mrs. Campbell purchases an annuity that pays 9.5% compounded quarterly. If the quarterly payment is $3,500, how much will Mrs. Campbell have saved in 5 years?
The future value of an annuity will be calculated using the formula:
= A((1+r)^n)-1)/r
Where,
A = the annuity payment = 3500
r = the interest rate = 9.5% compounded quarterly = 9.5% / 4 = 0.095 / 4 = 0.2375
n = the number of time periods = 4 × 5 = 20
We then substitute the values and we will get:
= A((1+r)^n)-1)/r
= 3000 × (1.02375^20-1) / 0.02375
= $88289.8
You should apply for several credit cards and use them even if you don't need them
in order to build your credit history.
True or False
Answer:
Flase
Explanation: this can hurt your credit
Should Peterson Accounting have relied on the income statement and footnote information provided by Ms. Rivera’s accountant? Why or why not?
Answer:
The answer is an affirmative YES. Peterson Accounting should have relied on the income statement and footnote information provided by Ms. Rivera's accountant because they provided additional information on valuation and also provided a uniform framework for rigorous assessment and evaluation of the assets.
Explanation:
However, reliance should not be automatic. It should be based on the assessment of the qualification of Ms. Rivera's accountant and the internal controls in place, which helped the preparation of the income statement.