Answer:
opportunity costs associated with selecting a specific capital project.
Explanation:
The cash outflows should be classified in various kind of groups like the outflows that attached with the initial investment, commitment related to the working capital, also at the same time it increased the operating expense but does not considered the opportunity cost along with the capital project as the outflow of cash means the payment is to be done in cash but the opportunity cost is the cost that provides the benefit over the another choice
So the above statement should be the answer
To determine the scope of a bookkeeping clean-up engagement, you are reviewing the Client Overview tab for a potential client. You notice that there is a large amount in the Opening Balance Equity account.
Which 3 reasons could be causing this balance?
A. The client added transactions in the Banking Center without assigning an account to them
B. Opening balance for an inventory item was entered during the setup process
C. The client entered an Opening Balance when creating an Other Current Asset account
D. Opening balances were included when importing customers using the Import data tool
E. The client forced a bank reconciliation when the difference was not zero
Answer: B. Opening balance for an inventory item was entered during the setup process.
D. Opening balances were included when importing customers using the Import data tool.
E. The client forced a bank reconciliation when the difference was not zero.
Explanation:
The reasons that can be attributed to the large amount in the Opening Balance Equity account will be:
• Opening balance for an inventory item was entered during the setup process.
• Opening balances were included when importing customers using the Import data tool.
• The client forced a bank reconciliation when the difference was not zero.
The 3 reasons could be causing this balance is that:
The client has added transactions in the Banking Center without assigning an account to them.The Opening balances for one or more Product/Service items were entered during the setup process.Opening Balances were included when importing Customers, using the Import Data tool.The Opening Balance Equity account value most times is often equal to the prior year Retained Earnings.
if a balance in the Opening Balance Equity account does exists and if the balance is equal to the prior year’s Retained Earnings, the Opening Balance Equity may be closed into Retained Earnings.
Conclusively, if a balance remains on the Balance Sheet for Opening Balance Equity, it is advisable to review the individual transactions.
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lamingos, Inc. has two service departments and two operating (production) departments. Administrative Department costs are allocated to the Assembly and Packaging departments based on the number of employees, and Maintenance Department costs are allocated to the Assembly and Packaging departments based on square feet occupied. Data for these departments follows:
Department Direct Expenses No. of employees Sqaure Feet
Administrative $30,000
Maintenance 15,000
Assembly 70,000 6 2,000
Packaging 45,000 4 3,000
The total amount of the Administrative Department's cost that would eventually be allocated to the Packaging Department is: __________
Answer:
Packaging= $12,000
Explanation:
First, we need to calculate the allocation rate of the Administrative Department:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Allocation rate= 30,000 / (6 + 4)
Allocation rate= $3,000 per employee
Now, we can allocate to the Packaging Department:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Packaging= 3,000*4
Packaging= $12,000
Your mayor just announced that the local unemployment rate dropped from 10.5% to 10.4% from the prior month. Evaluate the unemployment rate drop and discuss whether there is enough information to determine significance. Support your response with specific examples. In replies to peers, discuss whether you agree or disagree with their assessments and justify your response
Answer:
Not enough information
Explanation:
from this question, this mayor has only given us the estimated proportion of the rate of unemployment for these months. In order to know if it is significant or not, we have to carry out other tests such as the hypothesis testing for the population proportion. But here we do not have any sample data or population data with which we can use to test this significance. The sample size is unknown so we cannot proceed to test if the claim is significant or not.
Borges Machine Shop, Inc., has a 1-year contract for the production of 225,000 gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow:
General-Purpose Equipment (GPE) Flexible Manufacturing System (FMS) Dedicated Machine (DM)
Annual contracted units 225,000 225,000 225,000
Annual fixed cost $125,000 $225,000 $480,000
Per unit variable cost $15.00 $14.00 $13.00
The option GPE is best when the contracted volume is below:__________
Answer:
For 225,000 units FMS is the best alternative.
For GPE: TC
GPE
[tex]= $100,000 + ($15.00\times 225,000)\\\\= $3,475,000[/tex]
For 0 units GPE has the lowest TC. The next lowest cost is FMS.
x = ($200,000-$100,000)/($15-$14) = 100,000
Therefore, for 0 to 100,000 units GPE is the best alternative.
Explanation:
Formula used:-
For 225,000 units FMS is the best alternative.
Total Cost (TC) = Fixed Cost (FC) + [Variable Cost (VC) x Annual Contract Units (ACU)]
For GPE: TC
GPE
[tex]= $100,000 + ($15.00\times 225,000)\\\\= $3,475,000[/tex]
For FMS: TC
FMS
[tex]= $200,000 + ($14.00\times 225,000)\\\\= $3,350,000[/tex]
For DM: TC
DM
[tex]= $480,000 + ($13.00 \times225,000)\\\\= $3,405,000[/tex]
For 0 units GPE has the lowest TC. The next lowest cost is FMS. Comparing these two plans, let x be the no of units when the cost of both plans is the same.
x = ($200,000-$100,000)/($15-$14) = 100,000
Therefore, for 0 to 100,000 units GPE is the best alternative
Similarly comparing FMS and DM to find x, we get
x= ($ 480,000-$ 200,000)/($14-$13) = 280,000
So, for the 225,000 and 280,000 range, FMS is the best alrernative.
For greater than 280,000 DM is the best alternative.
The option GPE is best when the contracted volume is below 100,000 units
The option FMS is best when the contracted volume is between 100,000 and 280,000 units (enter your response as a whole number)
The option DM is best when the contracted volume is over 280,000 units (enter your response as a whole number)
Below is the production possibilities frontier for Japan. It shows that Japan is able to produce either 80 bottles of milk or 50 cartons of eggs using all of its available resources. Also suppose that Japan decides to produce at point A : 60 bottles of milk and 12 cartons of eggs. If Japan engages in international trade and trades 30 bottles of milk for 30 cartons of eggs with another country, it will be able to consume outside of its production possibilities frontier. How many bottles of milk will the country have at the end of the exchange
Answer and Explanation:
The computation of the number of bottle of milk will the country at the end of the exchange is shown below:
The Number of milk bottles Japan is presently producing is 60 bottles
The Number of milk bottles Japan trades with another country is 30 bottles
So,
The Number of Milk bottles left with Japan after doing an exchange is
= 60 - 30
= 30 bottles
Also,
The Number of egg cartons Japan is presently producing is 12
The Number of egg cartons Japan trades with another country is 30
So,
Number of eggs cartons left with Japan after considering an exchange is
= 12 + 30
= 42 cartons
A metal fabrication company is buying a CNC machine for $600,000. After 20 years of use, the machine should have a salvage value of $35,000.
Required:
a. Under 100% bonus depreciation, what depreciation can be claimed in year 1?
b. Under 100% bonus depreciation, what depreciation can be claimed in year 2?
Answer:
100% Bonus Depreciation:
a. Year 1 = $565,000
b. Year 2 = $0
Explanation:
a) Data and Calculations:
Cost of CNC Machine = $600,000
Salvage value = $35,000
Depreciable amount = $565,000 ($600,000 - $35,000)
100% Bonus Depreciation:
Year 1 = $565,000
Year 2 = $0
b) The 100% bonus depreciation is not limited to the firm's taxable income. The firm can carry back loss arising from 100% bonus depreciation to previous year's income and also carry any unused loss forward to deduct against future income.
What are derivatives? Different types of derivatives ? What are Forward contracts ?
What are Futures contracts ? Features and benefits of derivatives ?
Explanation:
The most common types of derivatives are forwards, futures, options, and swaps. The most common underlying assets include commodities, stocks, bonds, interest rates, and currencies. Derivatives allow investors to earn large returns from small movements in the underlying asset's price.
The Johnson Robot Company’s marketing managers estimate that the demand curve for the company’s robots in 2012 is P = 6,000 - 40Q where P is the price of a robot and Q is the number sold per month. If the firm wants to maximize its dollar sales volume, what price should it charge?
1 1.1 Briefly name and explain the aspects of the marking mix.
Answer: Marketing mix could described as methods taken by an organization to boast their brand or improve demand of product in the market.
Explanation:
Marketing mix could described as methods taken by an organization to boast their brand or improve demand of product in the market.
Aspects of marketing mix are Price, product, promotion and place.
Price; this refers to the value of a product. The organization in considering marketing mix would have to make her price affordable for the market in relation with the value of the product it's selling.
Product; this is the item being sold. The item must be valuable and worth the buy of the customers, this would improve consistent buying and referral by those who have already bought.
Promotion: this refers to actions taken to make known the product visibility in the market. This actions could be through branding, marketing with the aim of making the products demanded more than usual always.
Place: these is referred to as the target market. Every market is not a market, the place refers to those who are either already customers or would be customers. The organization must try to identify those who her products address and try selling to them.
The Metropolitan Bus Company (MBC) purchases diesel fuel from American Petroleum Supply. In addition to the fuel cost, American Petroleum Supply charges MBC $225 per order to cover the expenses of delivering and transferring the fuel to MBC's storage tanks. The lead time for a new shipment from American Petroleum is 10 days; the cost of holding a gallon of fuel in the storage tanks is $0.03 per month, or $0.36 per year; and annual fuel usage is 180,000 gallons. MBC buses operate 288 days a year.
Required:
a. What is the optimal quantity for MBC?
b. How frequently should MBC order to replenish the gasoline supply?
c. The MBC storage tanks have a capacity of 15,000 gallons. Should MBC consider expanding the capacity of its storage tanks?
d. What is the recorder point?
Answer:
A. 15,000
B. 12 times
C. No Need Of Expanding the storage tanks
D. 6,250 gallons
Explanation:
a. Calculation to determine the optimal quantity for MBC
Using this formula
Optimal quantity=√2×Demand quantity×Ordering cost÷Holding cost
Let plug in the formula
Optimal quantity=√2×180,000×$225÷$0.36
Optimal quantity=√225,000,000
Optimal quantity=15,000
Therefore the optimal quantity for MBC is 15,000
b. Calculation to determine How frequently should MBC order to replenish the gasoline supply
Using this formula
MBC order=Demand quantity÷ Economic Ordering quantity
Let plug in the formula
MBC order=180,000÷15,000
MBC order=12 times
Therefore How frequently should MBC order to replenish the gasoline supply will be 12 times
c.) If The MBC storage tanks have a capacity of 15,000 gallons there is NO NEED OF EXPANDING the storage tanks reason been that the OPTIMAL ORDER QUANTITY is 15,000 which is the same with MBC's tank storage capacity.
d. Calculation to determine the reorder point
Using this formula
Reorder point = Lead time× Average demand quantity
Where,
Lead time=10 days
Average Demand Quantity=180,000/$288
Average Demand Quantity=625
Let plug in the formula
Reorder point =10 days*625
Reorder point=6,250 gallons
Therefore Reorder point is 6,250 gallons
On January 1, 2019, Sunland Company granted Sam Wine, an employee, an option to buy 1,000 shares of Sunland Co. stock for $30 per share, the option exercisable for 5 years from date of grant. Using a fair value option pricing model, total compensation expense is determined to be $5520. Wine exercised his option on October 1, 2021 and sold his 1,000 shares on December 1, 2021. Quoted market prices of Sunland Co. stock in 2021 were:
Using the fair value method, Sunland Company should recognize compensation expenses for 2019on its books in the amount of 2019 is $5,520.
What is a compensation expense?Compensation expenses are compensation-associated expenses used as a reward for exceptional job performance.
Examples of such compensation expense plans include bonuses, commissions, stock options, and profit-sharing.
Data and Calculations:Number of option shares granted = 1,000 shares
Grant price = $30
Exercise period = 5 years
Total compensation expense based on the fair value option pricing model = $5,520
The 2019 compensation expense = $6,000 ($30 x 1,000)/5
Question Completion:Quoted market prices of Sunland Co. stock in 2021 were:
July 1 = $30 per share
Oct 1 = $36 per share
Dec 1 = $40 per share
Required:
As a result of the option granted to Wine, using the fair value method, Sunland Company should recognize compensation expenses for 2019 on its books in the amount of 2019.
Thus, the 2019 compensation expense is $5,520.
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A restaurant offers a 20% discount on all meals for people aged 60 and older. This restaurant is practicing:_________
a. monopolistic competition.
b. efficient pricing.
c. reservation pricing.
d. price discrimination.
e. price retention.
Answer:
d
Explanation:
Price discrimination is when the same product is sold at different prices to customers in different markets
types of price discrimination
1. first degree price discrimination : here sellers charge each consumer at their willingness to pay in order to eliminate consumer surplus.
2. second degree price discrimination : here firms offer different prices depending on the quantity purchased. e.g. giving discounts for bulk purchases.
3, third degree price discrimination : firms charge different prices to different groups of customers. e.g. having a certain price for senior citizens, students
Requirements to practice successful price discrimination
1. The firm must have market power. If the firm does not have market power and attempts to price discriminate they would lose customers
2. The firm must have different elasticities of demand for their product in different markets
3. The firm must be able to segment the market for their products
The restaurant who offers a 20% discount on all meals for people aged 60 years and above is practicing price discrimination.
Price discrimination can be defined as a situation in which the producer charges different prices for different groups of customers buying the same product.This means, all customers be are purchasing the bc same commodity but are charged differently by the producer.Therefore, the restaurant is practicing price discrimination system
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Accountants focus on creating financial statements, whereas finance professionals use these statements to evaluate a firm and answer questions about its performance. Indicate which financial statement you would refer to when answering the questions in the following table:
Income Statement Statement of Retained Earnings
How profitable has the firm been?
How much of the firm's earnings are left as balance after the firm pays out dividends to its shareholders?
If compensation for senior management is based on short-term performance of the firm, in the short run the firm is likely to:
a. Overstate its earnings
b. Understate its earnings
Answer:
1. Indication of financial statement to refer to when answering questions in the following table:
Question Financial Statement
How profitable has the firm been? Income Statement
How much of the firm's earnings are Statement of Retained Earnings
left as balance after the firm pays out
dividends to its shareholders?
2. If compensation for senior management is based on short-term performance of the firm, in the short run the firm is likely to:
a. Overstate its earnings
Explanation:
Company A's Income Statement shows its profit performance at different levels. At one level is the gross profit, which shows the difference between the net sales or service revenue and the cost of sales/service. At another level is the operating income, which is the income before interest and taxes. The next important level is the net income, which is the profit after taxes. This shows the earnings available for distribution to stockholders. The Statement of Cash Flows classifies the cash flows generated into operating, investing, and financing activities, and shows the non-cash flow adjustments.
A rules-based monetary policy :_______.a. is advocated by activists. b. is advocated by nonactivists. c. could involve a predetermined steady growth rate in the money supply. d. b and c e. all of the above
Answer:
d. b and c
Explanation:
Monetary policy can be defined as the actions (macroeconomic policies) adopted and undertaken by the central bank of a particular country (Federal Reserve System in the United States of America) to control the money supply and interest rates so as to boost or enhance economic growth.
Basically, monetary policies are used by the central bank to manage inflation, economic growth through long-term interest rates and level of unemployment in a country. In order to boost economic growth, the national government through its central bank introduces monetary policy to increase money supply (liquidity). Also, a monetary policy can be used to prevent inflation through the reduction of money supply at a given period of time.
A rules-based monetary policy is advocated by non-activists and when it's adopted by the central bank of a country, it could involve a predetermined steady growth rate in the money supply because it's implemented based on specific indicator events existing in the economy.
On January 1, 2019, Loeffler Company acquired a machine at a cost of $200,000. Loeffler estimates that it will use the machine for 4 years or 8,000 machine hours. It estimates that after 4 years the machine can be sold for $20,000. Loeffler uses the machine for 2,100 and 1,800 machine hours in 2019 and 2020, respectively.
Required:
Compute depreciation expense for 2019 and 2020 using the () straight-line, (2) double- declining-balance, and (3) units-of-production methods of depreciation
Answer:
1. $45,000
$45,000
2. $100,000
$50,000
3. $47250
$40,500
Explanation:
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
($200,000 - $20,000) / 4 = $45,000
Depreciation expense each year would be $45,000
Depreciation expense using the double declining method = Depreciation factor x cost of the asset
Depreciation factor = 2 x (1/useful life) = 2/4 = 1/2
Depreciation expense in 2019 = 1/2 x 200,000 = $100,000
Book value in 2020 = 200,0000 - 100,000 = 100,000
Depreciation expense in 2019 = 1/2 x 100,000 = 50,000
Activity method based on hours worked = (hours worked that year / total hours of the machine) x (Cost of asset - Salvage value)
2019 = ($200,000 - $20,000) x ( 2,100 / 8000) = 47250
2020 = ($200,000 - $20,000) x ( 1800 / 8000) = 40,500
Park uses a perpetual inventory system. Determine the cost assigned to ending inventory and to cost of goods
sold using (a) specific identification, (b) weighted average, (c) FIFO, and (d) LIFO. (Round per unit costs to
three decimals, but inventory balances to the dollar.) For specific identification, ending inventory consists of
225 units, where 90 are from the March 30 purchase, 80 are from the March 20 purchase, and 55 are from
beginning inventory.
Answer:
below
Explanation:
The price attributed to final inventory and cost of goods sold is specific identification.
Explain about the specific identification?The method of precise identification concerns inventory valuation, specifically keeping track of each individual stock item and allocating costs per item rather than collectively. A company is functional and usable when it can identify, mark, and keep track of each item or unit in its inventory.
To track individual inventory items, the specific identification method is used. When individual items can be clearly identified, such as when they have a serial number, stamped receipt date, bar code, or RFID tag, this method is appropriate.
Employed by businesses like furniture shops, car dealerships, jewellery shops, and art galleries, among others. The main characteristic that sets the specific identification method apart from LIFO and FIFO techniques is individual tracking.
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According to real business cycle theorists, ______________ consumption resulting from the major production innovations incentivizes businesses to borrow ______________ from banks, causing the money supply to ______________.
Answer:
increase in, more, increase
Explanation:
Real business cycle theory states that the [tex]\text{macroeconomic fluctuations}[/tex] in any economy can be explained by the technological shocks and the changes in the productivity. All these changes in the technological growth affects the decisions of the firms on investment as well as workers or the labor supply.
Edward C. Prescott and Finn E. Kydland first gave the concept of real business cycle theory.
In the theory of real business cycle, the increase in consumption results from the major [tex]\text{production innovations incentivizes businesses}[/tex] to borrow more from the banks, and it causes the supply of money to increase.
Prepare journal entries to record each of the following transactions. The company records purchases using the gross method and a perpetual inventory system.
Sept. 15 Purchased merchandise with an invoice price of $77,500 and credit terms of 3/5, n/15.
Sept. 29 Paid supplier the amount owed on the September 15 purchase.
Answer and Explanation:
The journal entries are shown below;
On Sept 15
Merchandise inventory $77,500
To Accounts payable $77,500
(Being purchase of inventory is recorded)
On Sep 29
Accounts payable $77,500
To Cash $75,175
To Merchandise inventory (3% of $77,500 ) $2,325
(Being payment to suppliers after discount is recorded)
Oi boa tarde , onde consigo um curso online de aprimoramento de laticinios
Explanation:
aqui neste APP...............
Using the data below for Ace Guitar Company: Region A Region B Sales $786,500 $643,500 Cost of goods sold 298,900 244,500 Selling expenses 188,800 154,400 Service department expenses Purchasing $240,200 Payroll accounting 160,200 Allocate service department expenses proportionally to the sales of each region, determine the divisional income from operations for the Regions A and B. For interim calculations, round the percentages to one decimal place. Region A $fill in the blank 1 Region B $fill in the blank 2
Solution :
Calculation of income from operations
Sales Region A Region B
Cost of goods sold 643,500 786,500
Selling expenses 244,500 298,900
Service department expenses 154,400 188,800
Purchasing (working note - 1) 108,090 132,110
Payroll accounting (working note - 2) 72,090 88,110
Income from expenses $ 64,420 $ 78,580
Working note 1
Allocation of purchasing expenses:
A region = [tex]$240,200 \times \frac{643500}{(643500+786500)}$[/tex]
= $ 108,090
B region = [tex]$240,200 \times \frac{786500}{(643500+786500)}$[/tex]
= $ 132,110
Working note 2
Allocation of payroll accounting expenses.
A region = 160200 x 0.45 (sales ratio)
= $ 72,090
B region = 160,200 x 0.55 (sales ratio)
= $ 88,110
The government of Velovia made progress in its efforts to bring rapid inflation under control. Although prices are still rising, the rate of increase has slowed considerably. This suggests that Velovia is experiencing disinflation.
a. True
b. False
Answer:
a. True
Explanation:
At the time when the velvovia government made the efforts in its progress in order to control the increased inflation but at the same time the price is also still increasing but the increase rate would be falled down so here it is recommended that the velovia experienced the disinflation where the inflation is considerably slowing and the rate of inflation is also slow down
Therefore the given statement is true
Alpha and Beta, two tiny islands in the Pacific, produce pearls and pineapples. The following production possibilities schedules describe their potential output in tons per year:
ATTACHMENT IS BELOW
Suppose Alpha and Beta agree that the terms of trade will be one for one and exchange 10 pearls for 10 pineapples.
a. If Alpha produced 6 pearls and 15 pineapples while Beta produced 30 pearls and 8 pineapples before they decided to trade, how many pearls would each be producing after trade? Assume that the two countries specialize according to their comparative advantage.
(i) Alpha: _____ pearls
(ii) Beta: _____ pearls
b. How much would the combined production of pineapples increase for the two islands due to specialization?
_____ pineapples
c. How much would the combined production of pearls increase?
_____ pearls
d. What is the post-trade consumption for each island?
Alpha consumes _____ pearls and ______ pineapples.
Beta consumes ______ pearls and ______pineapples.
Answer:
The opportunity cost of pearls for A is 2.5 pineapples and the opportunity cost of pearls for A is 0.27.
Explanation:
If Alpha produced 6 pearls and 15 pineapples, while B produced 30 pearls and 8 pineapples before the trade, we can calculate the opportunity cost for each island. For island Alpha, their opportunity cost will be:
6 pearls = 15 pineapples
1 pearl = 15/6 pineapples
1 pearl = 2.5 pineapples
Therefore, the opportunity cost of pearls for A is 2.5 pineapples
For island Beta, their opportunity cost will be:
30 pearls = 8 pineapples
1 pearl = 8/30 pineapples
1 pearl = 0.27 pineapples
Therefore, the opportunity cost of pearls for A is 0.27 pineapples
b)
It appears that A will increase production of pineapples from 15 pineapples to 25 pineapples, and due to their opportunity cost, will decrease pearl production from 6 pearls to 2 pearls
It appears that B will increase the production of pearls from 30 pearls to 40 pearls, and due to their opportunity cost, will decrease pineapple production from 8 pineapples to 4 pineapples.
Why irish lions rugby playing with Japan?
Answer:
I expect the answer in the following form
Explanation:
Irish lions play with Japan to get better and learn new things
Jefferson tutoring had the following payroll information on Feb 28:
Gross pay: 4,000
Cumulative earnings prior to this payroll: 4,000
Assume:
FICA tax rates are OASDI 6.2% on a limit of 117,000 and medicare 1.45%.
State unemployment tax rate is 2% on the first 7,000.
Federal unemployment tax rate is 0.8% on the first 7,000
Using the information above the journal entry to record the payroll tax expense for jefferson tutoring would include:____.
A. a credit to FUTA payable for 24.
B. a debit to payroll tax expense in the amount of 390.
C. a credit to SUTA payable for 60.
D. all of the above.
Answer: D. all of the above.
Explanation:
FUTA:
Cumulative earnings were $4,000. FUTA is one the first $7,000 which means that only $3,000 is left to be taxed on account of the cumulative earnings prior to this payroll having been taxed:
= 0.8% * 3,000
= $24
This will be credited to FUTA Payable to recognize that Jefferson owes this liability.
SUTA:
Same goes for SUTA:
= 2% * 3,000
= $60
This will be credited to SUTA Payable to recognize that Jefferson owes this liability.
Payroll tax expense:
= FICA taxes + Medicare + FUTA + SUTA
= ((6.2% + 1.45%) * 4,000) + 24 + 60
= $390
This will be debited to Payroll Tax expense because expenses are debited when they increase.
RST Company produces a product that has a variable cost of $6 per unit. The company's fixed costs are $30,000. The product sells for $10 per unit. The break-even point in sales dollars is $_____________.
Answer: $75000
Explanation:
In order to solve the question, firstly we need to calculate the contribution margin ratio which will be:
= ($10 - $6) / $10
= 40%
Then, the break even sales will then be:
= Fixed cost / Contribution margin ratio
= $30000 / 40%
= $75000
Therefore, the break-even point in sales dollars is $75000
please someone should help me.....how do we solve the square root of x +8 plus the square root of x+1 equals 7.....note the question is a surd question
The solution to the surd equation here is x = 449/49
How to solve for the value of the surd[tex]\sqrt{x+8} +\sqrt{x-1} = 7[/tex]
We have to isolate the surds
[tex]\sqrt{x+8} =\sqrt{x-1} +7[/tex]
Square the both sides of the equation
x+8 = x-1+49-14√x-1
Separate the equations on the left and the right hand side
14√x-1 = -x-8+x-1+49
Rearrange the equation
14√x-1 = 40
square the both sides of the equation such that
196x -1796 = 0
Divide through by 196
x = 1796/196
x = 449/49
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The ratio of shareholders funds to total assets of the company is called?
Answer:
share holder equity
Explanation:
it indicates how much of company's assets have been generated
An industry consists of three firms with sales of $355,000, $825,000, and $435,000.
a. Calculate the Herfindahl-Hirschman index (HHI).
Instruction:
Enter your response rounded to the nearest integer.
b. Calculate the four-firm concentration ratio (C4).
c. Based on the FTC and DOJ Horizontal Merger Guidelines described in the text, is the Department of Justice likely to attempt to block a horizontal merger between two firms with sales of $355,000 and $435,000
Answer:
Calculating Herfindahl-Hirschman Index and Four-Firm Concentration Ratio:
a. Herfindahl-Hirschman index (HHI) = 3,814
b. The four-firm concentration ratio (C4) = 1
c. If the two firms with sales of $355,000 and $435,000 merged, the resulting HHI would increase by 1,723 to 5,537. The post-merger HHI now exceeds that allowed under the Guidelines (2,500). The increase in HHI is more than that permitted under the Guidelines (200), the merger is likely to be blocked by the Department of Justice.
Explanation:
a) Data and Calculations:
Sales of three firms in an industry:
Sales Industry Share
Firm A sales = $355,000 22% ($355,000/$1,615,000 * 100)
Firm B sales = 825,000 51% ($825,000/$1,615,000 * 100)
Firm C sales = 435,000 27% ($435,000/$1,615,000 * 100)
Total sales = $1,615,000
Herfindahl-Hirschman index (HHI) = 3,814 (22² + 51² + 27²)
Four-firm concentration ratio (C4) = Sales of the four largest firms/Industry sales = $1,615,000/$1,615,000
If the two firms with sales of $355,000 and $435,000 were to merge, the new Herfindahl-Hirschman index (HHI) = 5,537(49² + 51²)
Increase in HHI as a result of the merger = 1,723
Salaries of $4,000 are paid for a five-day week on Friday. Journalize the necessary adjusting entry of the month ends on Thursday.
Answer:
Debit Salaries Expense $4,000
Credit Salaries Payable $4,000
Explanation:
Preparation of the the the necessary adjusting entry of the month ends on Thursday
Based on the information given the necessary adjusting entry of the month ends on Thursday will be to Debit Salaries Expense with the amount of $4,000 and Credit Salaries Payable with the same amount of $4,000.
Debit Salaries Expense $4,000
Credit Salaries Payable $4,000
Anti-dilutive securities:_________.Select one:a. should be included in the computation of diluted earnings per share but not basic earnings per share.b. are those whose inclusion in earnings per share computations would cause basic earnings per share to exceed diluted earnings per share.c. include stock options and warrants whose exercise price is less than the average market price of common stock.d. should always be ignored in the computation of diluted EPS.
Answer: D. should always be ignored in the computation of diluted EPS.
Explanation:
Anti-Dilutive Securities refers to the financial instruments that an organization has which can when converted into the common stock, will lead to an increase in the organization's earning per share.
Unlike the diluted activities which brings about the reduction in the earnings per share, antidilutive maintain or increase the EPS. Therefore, anti-dilutive securities should always be ignored in the computation of diluted EPS.
