Your company has used competitive bidding to select a supplier for janitorial services. Three suppliers returned acceptable bids within the allotted time frame.
Category Weight Supplier A Rating Supplier B Rating Supplier C Rating
Quality systems 40% 2 3 2
Financial stability 29% 2 2 3
Management experience 20% 4 2 3
Price 11% 1 4 4
All scores on a five-point scale with 1poor, 5 excellent.
a. Calculate the total weighted score for each supplier. (Round your answers to 2 decimal places.)
Total Weighted Score
Supplier A
Supplier B
Supplier C
b. Based on these ratings from the supplier assessment, which supplier appears to be the best?
Supplier A
Supplier B
Supplier C

Answer:

Cost of equity capital is 0.122 or 12.2%

Explanation:

The WACC or weighted average cost of capital is the cost of a company's capital structure. The capital structure may contain one, two or all of the following components namely debt, preferred stock and common equity. The WACC is calculated by taking the weighted average of the each components cost.

WACC = wD * rD * (1 - tax rate)  +  wP * rP  +  wE * rE

Where,

To calculate the cost of equity capital, we first need to find out the weight of each component in the capital structure.

debt to equity = 1.5

So, debt = 1

equity = 1.5

Total assets = 1 + 1.5   = 2.5

wD = 1/2.5  = 0.4

wE = 1.5/2.5  =0.6

Using the WACC formula,

0.096 = 0.4 * 0.057  +  0.6 * rE

0.096 = 0.0228 + 0.6 * rE

0.096 - 0.0228 = 0.6 * rE

0.0732 / 0.6 = rE

rE = 0.122 or 12.2%

Answer:

April 29,

DR Accumulated Depreciation - Delivery Van $1,760  

CR Cash  $1,760

(To record repair of van)

April 29,

DR Delivery Van $52  

CR Cash  $52

(To record installation of GPS system in Van)

Explanation:

The transmission being faulty in the Van is part of the depreciation of the van and so when it is fixed, it reduces the depreciation of the van. The amount needs to be debited to the Accumulated Depreciation Account to signal that it is a reduction.

Installing a new GPS in a Van is an additional benefit to the van that will last for a period of more than a year hence it should be capitalised and added to the cost of the Delivery Van.

Answer:

The Underwood Corporation

Calculation of the net accounts receivable at the end of 2021 and 2022:

                                                                          2021                 2021

Total accounts receivable                                $14,800           $9,800

Less: Allowance for uncollectible accounts       5,920             3,920

Net accounts receivable                                  $8,880           $5,880

Explanation:

a) Accounts Receivable:

June 12, 2021: Service Revenue  $33,800

Sept. 17, 2021: Cash receipts         (19,000)

Dec. 31, 2021: Balance                  $14,800

March 4, 2022: Service revenue   48,800

May 20, 2022: Cash receipts       (10,000)

July 2, 2022: Allowance for           (4,800)

Oct. 19, 2022: Cash receipts       (39,000)

Dec. 31, 2022: Balance                 $9,800

b) Allowance for uncollectible accounts:

Dec. 31, 2021: Bad Debts Expense $5,920

July 2, 2022: Accounts Receivable (4,800)

Dec. 31, 2022: Bad Debts Expense  2,800

Dec. 31, 2022: Balance                   $3,920

c) The allowance for doubtful accounts for The Underworld Corporation for 2022 will record a bad debts expense of $2,800, which represents the adjusting difference between the beginning balance of $5,920, the accounts receivable written off, and the ending balance of $3,920.

Answer:

7.5%

Explanation:

The computation of yield to maturity is shown below:-

Let YTM be i%.

As we know that

Present Value = Face Value ÷ (1 + i)^n

$521.58 = $1,000 ÷ (1 + i)^9

(1 + i)^9 = 1.91725

1 + i = 1.075

i = 7.5%

Therefore for computing the yield to maturity we simply applied the above formula and for more clarification, we have attached the spreadsheet.

Answer:

12,000

Explanation:

The following data was reported for an organisation

Authorized shares is 20,000

Issued shares is 15,000

Treasury shares is 3,000

Therefore, the number of outstanding shares can be calculated as follows

Number of outstanding shares= Issued stock-Treasury stock

= 15,000-3,000

= 12,000

Hence the number of outstanding shares is 12,000

Answer:

Please see answers below

Explanation:

Joan may as well put a call through to Maria in addition to his previous mail. Several remedial options are available to Juan and each has its own merits and demerits. It is proper for the tenant to consider each options carefully and seek legal opinion where necessary. However, if Maria declines to do the repairs, Juan may seek the following remedies

• Repair and deduct remedy . In this type of remedy, a tenant may deduct money that is equivalent of a month's rent to cover the cost of the repair or defect. Rental unit 156 covers a condition whether faulty or substandard rented unit could affect the tenant's health and safety. Since the landlord has refused to do the repair, she is guilty of implied warranty of habitability which includes leak in the roof, gas leak, no running water etc. Also, the tenant may not have to file a lawsuit against the landlord since this type of remedy has legal aid. Other conditions attached in addition to the above are ; the repairs cannot cost more than a month's rent, the tenant cannot use the repair and deduct remedy more that twice in any 12 month period, tenant must have informed the landlord in writing and through calls of the faulty area that requires repair. His family or pets must not be the cause of the faulty area that needed to be repaired etc.

• The abandonment remedy . Here, the tenant could move out of the faulty unit or defective rental unit due to its substandard condition which could affect his health and safety. Where the tenant uses the abandonment remedy judiciously, he is not liable to pay any other rent once he has abandoned or moved out of the defective rental unit. The conditions attached are that; the defects must be serious and directly related to the tenant's health and safety, the tenant or his family must not be the cause of the faulty space that requires repair. Moreover, the tenant must have informed the landlord whether in writing or orally telephone calls of the defects that requires repair.

• The rent withholding remedy. Legally, a tenant could withhold house rent if the landlord fails to take care of serious defects that negates the implied warranty of habitability. Conditions attached to this type of remedy are; the defects to be repaired must have threatened the tenant's safety and wellbeing. Again, the faulty or defective unit must be such that it becomes uninhabitable for the tenant . The tenant, his family or pets must not be the cause of the defects that requires repairs. The tenant must have also notified the landlord either through phone calls on in writing, amongst others.

• The tenant could also file a lawsuit against the landlord to recover the cost expended to fixing the faulty repairs where the landlord was not willing to do so. Conditions that must be met before this option could stand in the court of law are; the rental unit has serious defect that is not safe for living. A housing inspector has inspected the house and found to be short of minimum requirements for habitable place etc. A tenant may seek this type of redress where the option for out of court settlement has failed with the landlord.

Answer:

The answer is 1.76%

Explanation:

N(Number of periods) = 10 years

I/Y(Yield to maturity) = ?

PV(present value or market price) = $4,450

PMT( coupon payment) = $120 (7 percent x $4,000)

FV( Future value or par value) = $4,000.

We are using a Financial calculator for this.

N= 10; PV = -4,450; PMT = 120; FV= 4,000;

CPT I/Y= 1.76

Therefore, the Yield-to-maturity of the bond is bond is 1.76%

Answer:

4.11%

Explanation:

the percentage change in real GDP = [(new real GDP - old real GDP) / old real GDP] x 100 = [($316,500 - $304,000) / $304,000] x 100 = 4.11%

Generally a surge in immigration will result in both higher nominal and real GDP, but what should be more important is how real GDP per capita changes. If real GDP per capita increases, then the inflow was positive and made the economy grow for better. If real GDP per capita decreases, even if total real GDP increases, then the economy is not doing better.

Answer:

Margin call will be obtained if the stock price drops below $35.71

Explanation:

Here in this question, we start by calculating the maintenance margin

Mathematically;

Maintenance margin = Equity/market value

From the question, maintenance margin= 30%

= 30/100 = 0.3

Let the unknown price be P.

Thus, the market value of the 200 shares at price P is 200p

Hence;

0.3 = (200 * p - purchased stock value * initial margin)/200p

0.3 * 200p = 200p - 200(0.5 * 50)/200p

0.3 * 200p = 200p - 5000

60p = 200p -5000

140p = 5000

p = 5000/140

p = $35.71

Answer: The price that would be expect​ed for Coolibah's stock to sell for at the end of three​ years is $28.87

Explanation: It should be noted that to calculate a price that would be expected in Coolibah's stock to sell for at the end of three​ years can be calculated using financial calculator:

A) Using a financial calculator, PV = -$22.60 , PMT = $1.20, n = 6, I = 18% / 2;

calculate FV = $28.87 .

Answer:

B. Focus group

Explanation:

Use series of elimination on this one.

Test subjects- No

Market Research Audience- Those are people that watch the tests that you will conduct with your focus group.

Survey takers- Too simple.

Hope that I could help you!

Small groups of consumers that interact with products or services and give their feedback based on their experiences are known as Focus group. Option (b) is correct.

Any good or service you offer to satisfy a customer's need or desire is a product. There are both real and virtual ones. Durable things (such as automobiles, furniture, and computers) and nondurable items are examples of physical products (like food and beverages).

A focus group is a market research technique that involves gathering 6–10 individuals in a space to offer input on a certain commodity, concept, or marketing campaign.

Therefore, Option (b) is correct. Small groups of consumers that interact with products or services and give their feedback based on their experiences are known as Focus group.

Learn more about Product, here;

https://brainly.com/question/22852400

#SPJ2

Answer:

Jan. 10

Cash $507,00 (debit)

Common Stock $507,00 (credit)

Mar 1

Cash $566,500 (debit)

Preferred Sock $515,000  (credit)

Share Premium : Preferred Stock $51,500 (credit)

April 1

Land $91,000 (debit)

Common Stock $91,000 (credit)

May 1

Cash $420,000 (debit)

Common Stock $420,000 (credit)

Aug 1

Legal Expenses : Attorneys bill $39,500 (debit)

Common Stock $39,500 (credit)

Sept 1

Cash $80,500 (debit)

Common Stock $80,500 (credit)

Nov 1

Cash $222,000 (debit)

Preferred Sock $200,000  (credit)

Share Premium : Preferred Stock $22,000 (credit)

Explanation:

Common Stocks are at no par value:

This means that ,

1.When Common Stocks are Issued, the value is the issue price there is no share premium reserve on it.

2. For consideration paid in Common Stocks, value of stocks would be the same as the cost at initial recognition. For example the Purchase of Land on April 1. Initial recognition is at Asking Price of $91,000. Hence common stocks are issued at $91,000.

Preference Stocks are at $100 par

This means that,

1.Any issue of Preference Stock made in excess of par value is accounted in the Preference Share Premium Reserve.

Answer:

The cell phone manufacturers (Apple, Google, and BlackBerry) want to track where their customers go because they collect this data for advertising and marketing purposes. ... It does so by connecting to a cellular network provided by a mobile phone operator, allowing access to the public telephone network.

i think hope it helps

Explanation:

Answer:

The present value of the savings=$37,064.22

Explanation:

The present value of the savings is the amount that it worths today, this  would be done in two stages;

The first stage is to determined the present of the first cash savings as follows:

PV of the first payment = 4,000 × (1.09)^(-1)=3,669.72

Second step is to determine the present value of the declining perpetuity

PV of declining perpetuity. A perpetuity is the series of cash flow occurring for  the foreseeable future of years.

A- 4,000, g-negative growth rate = 1%,  

interest rate = 9%

PV in year 1 = 4,000× (1-0.09)/(0.09+0.01)

   = 36,400

PV in year 0 =   36,400  × (1.09)^(-1) = 33,394.49

The present value of the savings = 33,394.49 + 3,669.72= 37,064.22

The present value of the savings=$37,064.22

Answer: Earnings are reported by the investee in its financial statements

Explanation:

Equity method is when investments are being treated in associate companies and it is usually applied in cases whereby an investor entity holds about twenty to fifty percent of the associate company's voting stock. Due to this reason, it has a strong say in the associate company's management.

Under the equity method of accounting for investments, an investor recognizes its share of the earning in the period in which the earnings are reported by the investee in its financial statements.

Answer:

Firstline Managers

Explanation:

Firstline Managers have the responsibility of supervising and coordinating the activities of employees. This position make up the frontline managers and it is at this level that managerial experience is first acquired. They are not primarily involved in planning, rather they supervise the daily operations of workers in the organization. Positions with designations such as; Supervisor, Head of Department, and Office Manager are examples of Firstline Managers.

An organization typically has three types of Managers namely, the Top Managers, The Middle Managers, and the Firstline Mangers, in order of superiority. The Top Managers are more involved in planning and setting goals for the organization while the Middle Managers allocate resources, report to the Top Managers, and also supervise the Firstline Managers.

Answer:

Weighted average cost of capital= 11.03%

Explanation:

The weighted average cost of capital (WACC) is the average cost of all the various sources of long-term finance used by a business weighted according to the proportion which each source of finance bears to the the entire pool of fund.  

To calculate the weighted average cost of capital, follow the steps below:  

Step 1: Calculate cost of individual source of finance:

Cost of Equity= 13.6%  

After-tax cost of debt:

= (1- T) × before-tax cost of debt  

= 7.72%× (1-0.35)= 5.018 %  

Cost of preferred stock costs

= Div/Price × 100 = (6.60%× 100)/89× 100 =7.42%

Step 2 : Market value of all the sources of funds

Equity =  $67×26,000 =1,742,000

Preferred stock = 89.00 × 6,700 = $596,300

Debt- 105/100 × 368,000 = $386,400

Step 3; Work out weighted average cost of capital (WACC)  

Source                             Cost        Market value             Cost × Market value   a                                            b                     c              b× c

Equity                                13.6%            $1,742,000          236,912

Preferred stock                 7.42%           $596,300     =     44,245.46

Debt                                   5.018 %         386400  =          19,389.55

     Total                                                 2,724,700         300,547.01

WACC = (300,547.01/   2,724,700) ×  100 =  11.03%

Weighted average cost of capital= 11.03%

Answer:

a. a deficit, financed by borrowing in the capital markets, will increase the interest rate and reduce investment in the private sector.

Explanation:

Crowding out effect is when government borrowing from the capital markets leads to an increase in interest rate. this makes it more expensive for private sector to borrow and this reduces investment by private sector

Answer:

EPS = $11.74 per share

Explanation:

earnings per share (EPS) = (net income - preferred dividends) / weighted average shares outstanding

net income = $2,410,000

preferred dividends = 52,000 x $100 x 8% = $416,000

weighted average shares outstanding:

EPS = ($2,410,000 - $416,000) / 169,820 stocks = $11.74

Since the dates are a little confusing, I assumed 1/17 for beginning common stocks, 5/12 for issuance of new stocks, 8/11 for acquiring treasury stocks, and 10/1 for stock split. From January 1 to October 1, there are 274 days on a regular 365 day calendar year.

Answer: a. I, II, and III only

Explanation:

The exercise price refers to the amount that the person who buys the call option will get to buy the underlying stock at. If this price is high, the profit from buying the stock at maturity will be less so the value of the listed call option reduces.

As the contract approaches maturity, the value will decrease because it will be less volatile as it approaches maturity.

The purpose of buying a call option is so that a profit can be made if the underlying stock increases in value. If the stock decreases in value, the allure of the call option decreases so therefore will the value.

A call bond option is termed as the option that implies the bondholder the right to purchase the bonds at the prevailing price in the market. A buyer of a bond call option in the secondary market forecasts a drop in investment substantial rise in bond prices.

The correct option is a. I, II, and III only

 Option a. I, II, and III only is correct because The contract value will decline as it reaches maturation because it will become less unpredictable.

The goal of purchasing a call option is to benefit if the price of the underlying stock rises. The attractiveness of the callable bond falls as the price of bitcoin declines, and the worth of the call option reduces as well.

The exercise price is the price where the individual who acquires a call option will be able to acquire the underlying shares. If this price is too high, the benefit from buying the stock at maturity will be too little, diminishing the value of the specified call option.

To know more about the listed call option, refer to the link below:

https://brainly.com/question/4490636

Answer:

16.01%

Explanation:

The expected 1-year interest rate 4 years from now is determined using the below formula:

The expected 1-year interest rate 4 years=(1+YTM5)^5/(1+YTM4)^4-1

YTM5 is the yield to maturity in year 5 i.e 10.70%

YTM4 is the yield to maturity in year 4 i.e 9.41%

The expected 1-year interest rate 4 years=(1+10.70%)^5/(1+9.41%)^4-1

The expected 1-year interest rate 4 years=16.01%

Answer:

Bobby cannot deduct the loss

Explanation:

Bobby cannot claim deductions for theft on his property because from 2018 to 2025 they are not allowed as itemized deductions unless they are federally declared disasters in which case he would still need to have to complete the form 4684 and use the form 1040 schedule A to report his claims

Answer:

Please see answer below

Explanation:

The journal entry to record the issuance of 10,000 shares of no-par value preferred stock for cash at $120 per shares has a debit to cash and a credit to preferred stock for $1,200,000 ( 10,000 shares × issue price of $120 per share )

Answer:

6.67% and 6.694%

Explanation:

The computation of the approximate yield to maturity and the exact yield to maturity is shown below:

For Approximate yield to maturity it is

= 2 × ((Face value - current price) ÷ (2 × time period) + face value × coupon rate ÷ 2) ÷ (Face value + current price) ÷ 2)

=2 × (($1,000 - $950) ÷ (2 × 10) + $1,000 × 6% ÷ 2) ÷ (($1,000 + $950) ÷ 2)

= 6.67%

Now

the Exact yield to maturity is

= RATE(NPER,PMT,-PV,FV)

= RATE (10 × 2, 6% × $1000 ÷ 2,-$950,$1,000) × 2

= 6.694%

Answer:

desired ending inventory= 21,000

Explanation:

Giving the following information:

In preparing the direct materials budget for Quan Company, management concludes that required purchases are 64,000 units. If 52,000 direct materials units are required in production and there are 9,000 units of beginning direct material.

To calculate the desired ending inventory, we need to use the following formula:

Purchases= production + desired ending inventory - beginning inventory

desired ending inventory= purchases - production + beginning inventory

desired ending inventory= 64,000 - 52,000 + 9,000

desired ending inventory= 21,000

Answer:

C. is the income that she would have earned if she did not go to college.

Explanation:

Opportunity cost is the gain to a person that is foregone by selecting one option over all other options available to himself.

Since in the question, it is mentioned that the opportunity cost for students earning a scholarship go to college

So according to the given scenario, the option c is correct

Hence, all the other options are incorrect

Answer:

Book Value is $0.2 million

Market Value is $50 million

Book Value per share is $0.2 per share

Market Value per share is $50 per share

Explanation:

Part A. The book value of Alchemy Products Inc., is $0.2 million and its market value is $50 million.

Part B.

The Book value per share of Alchemy Products Inc., is calculated as under:

Book Value per share = $0.2 million / 1 Million shares   =  $0.2 per share

The Market value per share of Alchemy Products Inc., is calculated as under:

Market Value per share = $50 million / 1 Million shares   =  $50 per share

Answer: e. $10,200.

Explanation:

Total Square ft. of space;

= 2,500 + 3,750 + 1,250

= 7,500 Sq. ft. of space

Baking Department occupies 3,750 ft² of that space so it will be apportioned a cost of;

= Proportion * total cost

= 3,750/7,500 * 20,400

= $10,200

Answer and Explanation:

The journal entries are shown below:

1. Merchandise Inventory $1,620

        To Accounts Payable $1,620

(Being the calculators purchased on account)

2. Merchandise Inventory $50

              To Cash $50

(Being freight expenses paid for cash)

3. Accounts Payable $38

          To Merchandise Inventory $38

(being the returned inventory is recorded)

4. Accounts Receivable $690

          To  Sales Revenues $690

(Being the sales is recorded)

Cost of Goods Sold $520

     To Merchandise Inventory $520

(Being the cost is recorded)

5. Sales returns $45

       To Accounts Receivable $45

(being the sales return is recorded)

Merchandise Inventory $34

    To Cost of Goods Sold $34

(Being the cost of returned is recorded)

6. Accounts Receivable $760

     To Sales Revenues $760

(being the sale is recorded)

Cost of Goods Sold $570

   To Merchandise Inventory $570

(Being the cost is recorded)

Answer:

yes decrease

No N/A

Yes, Increase

Explanation:

A complementary good is a good that is consumed together. If the price of the complementary good increases, the quantity demanded of the good would decrease. this would lead to a decrease in demand for product A.

an increase in the price of product A, would increase the quantity demanded. an increase in quantity demanded leads to a movement along the demand curve and not a shift of the demand curve

An effective advertising campaign would increase the visibility of the product and increase the demand for the product. an increase in demand leads to an outward shift of the demand curve.