Answer:
Purchase Price $53 * 100 = $5300
Commission = $53
Total Cost $5353
D1 = $1.90 * 100 = 190
D2 = $2.03 * 100 = 203
Sale value of shares $59*100 $5900
Less: Commission $41
Net sale value $5859
a. Dividend yield at the time of purchase:
= D1/P0
= $1.90/$53
= 3.59%
b. Dividend yield at the time of sale:
= D2/P1
= $2.03/$41
= 4.95%
c. Total Return for 2 years = $5859 + $190 + $203 - $5353
Total Return for 2 years = $899
d. Annualized holding period yield = ($899/$5353) * 1/2
Annualized holding period yield = 0.0839716
Annualized holding period yield = 8.40%
At December 31, Gill Co. reported accounts receivable of $288,000 and an allowance for uncollectible accounts of $1,500 (credit) before any adjustments. An analysis of accounts receivable suggests that the allowance for uncollectible accounts should be 1% of accounts receivable. The amount of the adjustment for uncollectible accounts would be:
Answer:
$1,380
Explanation:
Given that;
Accounts receivables = $288,000
Allowance for uncollectible accounts = $1,500 (credit balance)
Allowance should be 1% of accounts receivables = $288,000 × 1% = 2,880
Then, the adjustment = $2,880 - $1,500 = $1,380
Therefore, the amount of the adjustment for uncollectible accounts would be $1,380
Which of the following is NOT an example of fixed expenses?
Select the best answer from the choices provided.
A.
Health insurance premium
B.
Interest on college loans
C.
Apartment Rent
D.
The amount of gas to fill up your tank
Answer:
A.
Health insurance premium
Explanation:
helping
Becker Company is preparing its cash budget for the upcoming month. The budgeted beginning cash balance is expected to be $70,000. Budgeted cash disbursements are $254,000, while budgeted cash receipts are $252,000. Becker Company wants to have an ending cash balance of $100,000. How much would Becker Company need to borrow to achieve its desired ending cash balance
Answer:
$32,000
Explanation:
Calculation to determine How much would Becker Company need to borrow to achieve its desired ending cash balance
Using this formula
Desired ending cash balance=[Ending cash balance-Budgeted beginning cash balance+
(Budgeted cash disbursements-budgeted cash receipts)]
Let plug in the formula
Desired ending cash balance=[$100,000-$70,000+($254,000-$252,000)]
Desired ending cash balance=$30,000+$2,000
Desired ending cash balance=$32,000
Therefore The amount that Becker Company need to borrow to achieve its desired ending cash balance is $32,000
Connolly Company produces two types of lamps, classic and fancy, with unit contribution margins of $13 and $21, respectively. Each lamp must spend time on a special machine. The firm owns four machines that together provide 18,000 hours of machine time per year. The classic lamp requires 0.20 hours of machine time, the fancy lamp requires 0.50 hours of machine time.
How many of each type of lamp must be sold to optimize total contribution margin?
a. 90,000 classic lamps; 0 fancy lamps
b. 0 classic lamps; 9,000 fancy lamps
c. 18,000 classic lamps; 0 fancy lamps
d. 0 classic lamps; 30,000 fancy lamps
e. 10,000 classic lamps; 10,000 fancy lamps
Answer:
a. 90,000 classic lamps; 0 fancy lamps
Explanation:
To determine the optimise total contribution, we need to calculate the contribution margin per hour of machine time for both the lamps. Then the result of whichever is higher would be produced.
Moreover, as there is no limitation on how many lamps can be produced, therefore, we would assume that we can make as many as we want up to the limit of machine-hours available. The calculation is done as follows:
Contribution margin per hour of machine time for classic lamp = Contribution/machine hours to build one classic lamp
Contribution margin per hour of machine time for classic lamp = 13 / 0.2
Contribution margin per hour of machine time for classic lamp = 65
Contribution margin per hour of machine time for fancy lamp = Contribution/machine hours to build one fancy lamp
Contribution margin per hour of machine time for fancy lamp = 21 / 0.5
Contribution margin per hour of machine time for fancy lamp = 42
Since classic lamp has the higher contribution margin per hour. Therefore, all the machine hours would be used to make classic lamps.
= 18,000 / 0.2
= 90,000
Hence, 90,000 classic lamps would be sold while no fancy lamps will be sold to optimise total contribution (which would be 65 x 18,000 = $1,170,000).
Crane Company estimates its sales at 80000 units in the first quarter and that sales will increase by 8000 units each quarter over the year. They have, and desire, a 25% ending inventory of finished goods. Each unit sells for $25. 40% of the sales are for cash. 70% of the credit customers pay within the quarter. The remainder is received in the quarter following sale. Cash collections for the third quarter are budgeted at
Answer:
Total cash collection Third Quarter= $2,364,000
Explanation:
Giving the following information:
40% of the sales are for cash.
70% of the credit customers pay within the quarter.
The remainder is received in the quarter following the sale.
Sales:
Q2= 88,000*25= 2,200,000
Q3= 96,000*25= 2,400,000
Selling price per unit= $25
Cash collection Third Quarter:
Sales in cash= 2,400,000*0.4= 960,000
Sales on account third quarter= (2,400,000*0.6)*0.7= 1,008,000
Sales on account second quarter= (2,200,000*0.6)*0.3= 396,000
Total cash collection Third Quarter= $2,364,000
Beloved Baby Company manufactures and sells children's strollers. Each stroller requires eight screws. For September, Beloved Baby Company will begin September with 360 screws in its beginning inventory. Beloved Baby Company has budgeted stroller sales of 560 strollers, while 590 strollers are scheduled to be produced. How many screws should Beloved Baby Company purchase in September
Answer:
4,360
Explanation:
Calculation to determine How many screws should Beloved Baby Company purchase in September
Using this formula
Screws to purchased in September=(Production* per screws required)- Beginning Inventory
Let plug in the formula
Screws to purchased in September=(590 × 8)-360
Screws to purchased in September= 4,720 - 360 Screws to purchased in September= 4,360
Therefore The numbers of screws that Beloved Baby Company should purchase in September is 4,360
Amy and Builders Corporation enter into a contract in which Amy agrees to deliver cement to Builders at a construction site. They neglect to include a price in the agreement. A court will a. determine a reasonable price for the cement and insert it into the contract. b. leave the parties in the position in which it found them. c. refuse to enforce the agreement. d. select the lowest quoted price for cement and insert it into the contract.
Answer:
a. determine a reasonable price for the cement and insert it into the contract.
Explanation:
Since in the question it is mentioned that the amy & builders corporation would entered into a contract where amy agrees to deliver the cement at the construction site. At the same time they deny to include the price in the agreement. So here the court would say that calculate the price for the cement and the same would be involved in the contract as without price the contract is not valid
Hence, the option a is correct
Ahnberg Corporation had 660,000 shares of common stock issued and outstanding at January 1. No common shares were issued during the year, but on January 1, Ahnberg issued 280,000 shares of convertible preferred stock. The preferred shares are convertible into 560,000 shares of common stock. During the year Ahnberg paid $168,000 cash dividends on the preferred stock. Net income was $1,950,000.
What were Ahnberg's basic and diluted earnings per share for the year? (Round your answers to 2 decimal places.)
Answer:
Basic Earnings per share=$2.70
Diluted earnings per share(EPS)=$1.50
Explanation:
Earnings per share is the total earnings attributable to ordinary shareholders divided by the number of units of common stock .
It represents profit per unit of stock unit held by common stock holder investor. The higher, the more profitable and the better.
Earnings per share = Earnings attributable to ordinary shareholders / units of common stock
Earnings attributable to ordinary shareholders= Net income after tax - preference dividend
Net Income for the year $1,950,000
Preference Dividend $168,000
Earnings attributable to ordinary shareholders for 2021= 1,950,000-168,000=1,782,000
Basic Earnings per share=$1,782,000/660,000shares=$2.70
Basic Earnings per share=$2.70
Diluted earnings per share(EPS)=Earnings attributable to ordinary shareholders/ Total number of shares assuming conversion
Diluted earnings per share(EPS)=$1,782,000/(660,000+560,000) units
Diluted earnings per share(EPS)=$1.50
33. A tripeptide has
A. 3 amino acids and 1 peptide bond
B. 3 amino acids and 2 peptide bond
6.3 amino acids and 3 peptide bond
D. 3 amino acids and 4 peptide bond I need the answer
Answer: Probably B.
Explanation:
Description: A tripeptide is a peptide derived from three amino acids joined by two or sometimes three peptide bonds. As for proteins, the function of peptides is determined by the consistuent amino acids and their sequence. The simplest tripeptide is glycylglycylglycine.
contribution marginJayleen Company makes two products: Carpet Kleen and Floor Deodorizer. Operating information from the previous year follows. Carpet Kleen Floor Deodorizer Units produced and sold 5,000 4,000 Machine hours used 5,000 2,000 Sales price per unit $ 7 $ 10 Variable cost per unit $ 4 $ 8 Fixed costs of $20,000 per year are presently allocated equally between both products. If the product mix were to change, total fixed costs would remain the same. The contribution margin per machine hour for Floor Deodorizer is:
Answer:
Contribution per machine hour = $4 per machine hour
Explanation:
The contribution per machine is the total contribution made divided by the total machine hours consumed.
Contribution per machine hour = Total contribution/Total machine hours
The total contribution made = Unit contribution × unit sold
unit contribution = selling price - variable cost
= 10-8= $2 per unit
Total contribution = $2× 4,000= $8,000
Total machine hour = 2,000
Contribution per machine hour= 8,000/2,000 = $4 per machine hour
Contribution per machine hour = $4 per machine hour
Think about an organizational change that recently affected you. This could be a change at work in which jobs or procedures were changed, or it could be a change at school, such as a change in curriculum requirements or major revisions in registration procedures. How effectively did the organization manage the change? What could the organization have done differently to reduce resistance to the change? Your post should reflect the terms and concepts in Chapter 15.
Explanation:
One good example is the recent change in the way we learn at school (remote learning). For many students, it was the first time they had to receive instructions from a teacher via videoconferencing.
Many organizations tried to adjust to this new normal, however, most organizations were confused about what training to provide, how long to should they plan for, etc.
Reports say that many teachers found it difficult to adapt to this method of teaching, hence, some were resistant to this change. However, if proper enlightenment were carried out, as well as employing some motivational factors, such resistance to change would have been minimal.
Pankraz Corporation, a calendar year taxpayer, is formed on April 1, 2020. In connection with its formation, it incurs organizational expenditures of $54,000. Pankraz wants to claim as much of these expenses as soon as possible. Round per month amount to two decimal places. Round your final answer to the nearest dollar. Therefore, its deduction for 2020 is $fill in the blank 1
Answer:
$3,650
Explanation:
Calculation to determine its deduction i
First step is to calculate the Expense
Expense=$5,000 - ($54,000 - $50,000)
Expense=$5,000-$4,000
Expense= $1,000
Second step is to calculate the Amortization
Amortization= ($54,000 - $1,000)/180 months
Amortization= $294.44 x 9 months
Amortization= $2,649.99
Amortization= $2,650 (Approximately)
Now let calculate the total deduction
Total deduction =$1,000 + $2,650
Total deduction= $3,650
Therefore, its deduction for 2020 is $3,650
You have just been elected to public office and you have been informed that the government does not have money to pay all of its bills.
You have been told that if you were to cut the marginal tax rate, tax revenue would actually increase. Is this true and if so, what would
be the reason for this?
Choose one
Answer:
Yes. But I actually don't know the reason
please if you get the answer, pleasetext me. sorry for bothering you
You have $100 you have $100 to invest. If you can earn 12% interest, about how long does it take for your $100 investment to grow to $200? Suppose the interest rate is just half that, at 6%. At half the interest rate, does it take twice as long to double your money? Why or why not? How long does it take
Answer:
8.33333 years ;
Yes, the time doubles.
Explanation:
Investment amount = principal = $100
Interest rate, r = 12%
Time taken for investment to grow to $200
Using the simple interest formula :
A = P(1 + rt) ; t = time taken ; A = final amount = $200
200 = 100(1 + 0.12t)
200 = 100 + 12t
200 - 100 = 12t
100 = 12t
t = 100 / 12
t = 8.333 years
Time taken, if rate, r = 6%
200 = 100(1 + 0.06t)
200 = 100 + 6t
200 - 100 = 6t
100 = 6t
t = 100 / 6
t = 16.6666 years
Two or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts that are missing.
2013 2014 2015
Sales revenue $294,170 $ $414,180
Sales returns and allowances 11,200 13,470
Net sales 347,350
Beginning inventory 21,590 33,560
Ending inventory
Purchases 263,090 298,600
Purchase returns and allowances 5,180 8,330 10,440
Freight-in 8,140 9,480 12,440
Cost of goods sold 236,230 294,740
Gross profit on sales 46,740 91,560 98,700
Answer:
Income Statements
2013 2014 2015
Sales revenue $294,170 $360,920 $414,180
Sales returns and allowances 11,200 13,470 20,740
Net sales 282,970 347,350 393,440
Beginning inventory 21,590 33,560 42,010
Purchases 245,240 263,090 298,600
Purchase returns and allowances (5,180) (8,330) (10,440)
Freight-in 8,140 9,480 12,440
Total cost of goods available 269,790 297,800 342,610
Ending inventory 33,560 42,010 47,870
Cost of goods sold 236,230 255,790 294,740
Gross profit on sales 46,740 91,560 98,700
Explanation:
a) Data and Calculations:
2013 2014 2015
Sales revenue $294,170 $ $414,180
Sales returns and allowances 11,200 13,470
Net sales 347,350
Beginning inventory 21,590 33,560
Ending inventory
Purchases 263,090 298,600
Purchase returns and allowances 5,180 8,330 10,440
Freight-in 8,140 9,480 12,440
Cost of goods sold 236,230 294,740
Gross profit on sales 46,740 91,560 98,700
Beginning inventory 21,590 33,560 42,010
Purchases 245,240 263,090 298,600
Purchase returns and allowances (5,180) (8,330) (10,440)
Freight-in 8,140 9,480 12,440
Total cost of goods available 269,790 297,800 342,610
Ending inventory 33,560 42,010 47,870
Cost of goods sold 236,230 255,790 294,740
Management at Enomoto Enterprises has assigned Alberto to work at two different facilities, which will require him to commute an extra 25 miles on the days he must work at both plants. Alberto believes that the negotiated labor-management agreement requires the company to reimburse him for the extra mileage he has to drive. Management disagrees. Alberto has decided to file a charge that management is not abiding by the terms of the negotiated agreement. Alberto's complaint is called a grievance.
a. True
b. False
Answer:
A) true
Explanation:
From the question, we are informed that Management at Enomoto Enterprises has assigned Alberto to work at two different facilities, which will require him to commute an extra 25 miles on the days he must work at both plants. Alberto believes that the negotiated labor-management agreement requires the company to reimburse him for the extra mileage he has to drive. Management disagrees. Alberto has decided to file a charge that management is not abiding by the terms of the negotiated agreement. In this case, Alberto's complaint is called a grievance.
Grievance handling can be regarded as the management of employee
dissatisfaction as well as employee complaints such as workplace harassment, management not following terms of negotiated agreement,
wage cuts as well as favouritism. formal grievance handling procedures can be set up by management to give enablement for employees to raise their concerns. Unresolved Grievances could result in form of collective disputes and the morale and efficiency of of employees can be lowered
Crane Company began operations in 2020 and determined its ending inventory at cost and at LCNRV at December 31, 2020, and December 31, 2021. This information is presented below. Cost Net Realizable Value 12/31/20 $354,700 $331,550 12/31/21 413,510 394,540 (a) Prepare the journal entries required at December 31, 2020, and December 31, 2021, assuming inventory is recorded at LCNRV and a perpetual inventory system using the cost-of-goods-sold method.
Answer and Explanation:
a. The journal entries are shown below
Cost of goods sold ($354,700 - $331,550) $23,150
To Allowance for reduction in inventory to NRV $23,150
(Being allowance for reduction is recorded)
Allowance for reduction in inventory to NRV ($23,150 - ($413,510 - $394,540)) $4,180
To Cost of good sold $4,180
(being recording of the previous loss)
These two entries should be recorded at LCNRV method
Jayden, a calendar year taxpayer, paid $16,000 in medical expenses and sustained a $20,000 casualty loss in 2020 (the loss occurred in a Federally declared disaster area). He expects $12,000 of the medical expenses and $14,000 of the casualty loss to be reimbursed by insurance companies in 2021. Before considering any limitations on these deductions, how much can Jayden include in determining his itemized deductions for 2020
Answer:
$16,000;$6,000
Explanation:
Calculation to determine how much can Jayden include in determining his itemized deductions for 2020
Based on the information given he can include $16,000 of the medical expenses amount paid and $6,000 calculated as ($20,000-$14,000) of the casualty loss amount when determining his itemized deductions for the year 2020.
Therefore the amount he can include in determining his itemized deductions for 2020 are :$16,000;$6,000
who is the richest person on earth?
Answer: Jeff Bezos
Explanation: Jeffrey Preston Bezos is an American internet entrepreneur, industrialist, media proprietor, and investor. Bezos is the founder and CEO of the multi-national technology company Amazon. He is the richest person in the world according to both Forbes' and Bloomberg's Billionaires Index.
Peerless Corporation (a U.S. company) made a sale to a foreign customer on September 15, for 119,000 crowns. It received payment on October 15. The following exchange rates for 1 crown apply: September 15$0.61 September 30 0.65 October 15 0.60 Prepare all journal entries for Peerless in connection with this sale, assuming that the company closes its books on September 30 to prepare interim financial statements.
Answer:
Exchange rate on September 15: 1 Crown = $0.61; 119,000 Crown = (119,000*$0.61) = $72,590.
September 30 = (119,000*0.65) = $77,350.
October 15 = (119,000*$0.60) = $71,400.
JOURNAL ENTRY
Date Account Debit Credit
15-Sep Account receivable $72,590
Sales $72,590
(Sale to a foreign customer for 119,000 crown Exchange rate = $0.61)
30-Sep Account receivable $4,760
Foreign currency exchange gain $4,760
($77,350-$72,590)
15-Oct Foreign currency exchange loss $5,950
Account receivable $5,950
($71,400-$77,350)
Cash $77,350
Accounts Receivable $77,350
Robert is the sole shareholder and CEO of ABC, Inc., an S corporation that is a qualified trade or business. During the current year, ABC has net income of $325,000 after deducting Robert’s $100,000 salary. In addition to his compensation, ABC pays Robert dividends of $250,000. What is Robert’s qualified business income? Would your answer to part (a) change if you determined that reasonable compensation for someone with Robert’s experience and responsibilities is $200,000? Why or why not
Answer and Explanation:
a. The calculation of the robert qualified business income is shown below:
Since robert is the sole shareholder and CEO of the ABC Inc and earned the income of $325,000 after subtracting the deduction of $100,000 salary
Also their is a dividend of $250,000
But the qualified business income should be equivalent to the net income i.e. $325,000
b. In the case when there is $200,000 so the net income would be decreased by $100,000
Now the qualified business income is
= $325,000 - $100,000
= $225,000
Think about a financial decision you made regarding the purchase of a big-ticket item or investment within the last five years. Provide a summary on the discussion thread, answering the following questions:What decision did you make?How prepared were you to make the decision?What was your thought process as you were making the decision?What financial information did you need to make the decision and why?What lessons have you learned that you will apply to future financial decisions?
Hubert lives in San Diego and runs a business that sells boats. In an average year, he receives $851,000 from selling boats. Of this sales revenue, he must pay the manufacturer a wholesale cost of $476,000; he also pays wages and utility bills totaling $281,000. He owns his showroom; if he chooses to rent it out, he will receive $71,000 in rent per year. Assume that the value of this showroom does not depreciate over the year. Also, if Hubert does not operate this boat business, he can work as an accountant, receive an annual salary of $34,000 with no additional monetary costs, and rent out his showroom at the $71,000 per year rate. No other costs are incurred in running this boat business.
Identify each of Bob's costs in the following table as either an implicit cost or an explicit cost of selling boats.
a. The salary Bob could earn if he worked as an accountant
b. The wholesale cost for the boats that Bob pays the manufacturer
c. The rental income Bob could receive if he chose to rent out his showroom
d. The wages and utility bills that Bob pays
Answer:
(a). Implicit cost
(b) Explicit cost
(c) Implicit cost
(d) Explicit cost
Explanation:
Implicit cost are the cost which a person can earn in a period.
Explicit cost are the cost which a person pays in same period for other work.
So by this, we can clearly determine explicit and implicit cost for the following statements.
(a). Implicit cost (Because salary is an earning for Bob.)
(b) Explicit cost ( Because Bob pays an amount for different work)
(c) Implicit cost (Because rental is an earning for Bob.)
(d) Explicit cost ( Because Bob pays an amount for wages and utility)
Use the following information for VPI Co. to prepare a statement of cash flows for the year ended December 31 using the indirect method.
Cash balance at prior year-end $40,000
Gain on sale of machinery $2,000
Increase in inventory 5,000
Cash received from sale of machinery 9,500
Depreciation expense 4,000
Increase in accounts payable 1,500
Cash received from issuing stock 8,000
Net income 23,000
Cash paid for dividends 1,000
Decrease in accounts receivable 3,000
Answer:
VPI CO
Statement of Cash flows
For the Current year ended December 31
Cash flow from Operating activities
Net Income $23,000
Adjustments to reconcile net income to
net cash provided by operating activities
Depreciation Expense $4,000
Gain on sale of Machinery $(2,000)
Changes in Current Operating assets and liabilities
Decrease in Accounts Receivable $3,000
Increase in Inventory $(5,000)
Increase in Accounts Payable $1,500
Net cash Provided by operating activities $24,500
Cash flows from Investing Activities
Cash Received from Sale of Machinery $9,500
Net cash Provided by Investing activities $9,500
Cash flows from financing Activities
Cash Received from Issuing Stock $8,000
Cash Paid for Dividend $(1,000)
Net cash Provided by financing activities $7,000
Net increase in Cash $41,000
Cash Balance at Prior Year-end $40,000
Cash Balance at Current Year-end $81,000
Jane Tucker is the ethics officer for a publicly traded company. She is concerned that the company does not have a mechanism for anonymous reports of issues by employees. The CEO is not inclined to spend the money required to set up a hotline or any other reporting mechanism. Which of the following statements is true about this situation?
A) As long as the company has an ethics officer to whom employees can report concerns, it has done everything necessary to enjoy the protections under the Federal Sentencing Guidelines.
B) With Jane as an ethics officer and adding in a code of ethics, the company has met the two required prongs for the Federal Sentencing Guidelines.
C) Without an anonymous reporting system, the company does not meet the minimum requirements for the protections of the Federal Sentencing Guidelines.
D) The Federal Sentencing Guidelines protections do not apply to publicly traded companies under Dodd-Frank.
Answer: C) Without an anonymous reporting system, the company does not meet the minimum requirements for the protections of the Federal Sentencing Guidelines.
Explanation:
Based on the information given, it should be noted that since there's no anonymous reporting system, the minimum requirements for the protections of Federal Sentencing Guidelines isn't met by the company.
The Federal Sentencing Guidelines simply refers to the rules that with regards to the uniform policy through which the individuals and the organizations that have been convicted of felonies and every other misdemeanors are set up. In this case, the requirements hasn't been met since there is no anonymous reporting system.
One day, Barry the Barber, Inc., collects $400 for haircuts. Over this day, his equipment depreciates in value by $50. Of the remaining $350, Barry sends $30 to the government in sales taxes, takes home $220 in wages, and retains $100 in his business to add new equipment in the future. From the $220 that Barry takes home, he pays $70 in income taxes.
a. gross domestic product
b. net national product
c. national income
d. personal income
e. disposable personal income
Answer: See explanation
Explanation:
a. gross domestic product
The GDP is $400 which is the money that Barry collects for haircut.
b. net national product
Net National Product:
= GDP – Depriciation
= $400 - $50
= $350
c. national income
The national income is the total income that the residents of the country earns and this will be same as Net National Product which is $350
d. personal income
Personal income:
= National income – Retained earnings
= $350 - $100 - $30
= $220
e. disposable personal income
Disposable personal income:
= Personal income – Personal tax
= $220 - $70
= $150
A company has current assets of 100,000, total assets of 250,000, current liabilities of 20,000, and long-term liabilities of 50,000. How much of its existing current assets can the company use to acquire equipment without allowing its current ratio to decline below 2.0 to 1
Answer:
$60,000
Explanation:
The computation is shown below
Here the current liabilities is $20,000
And, the current ratio is 2:1
So, as we know that
The current ratio = Current assets ÷ current liabilities
So, the current asset is $40,000
= $40,000 ÷ 20,000
= 2.0 to 1
Now the amount required to purchase an equipment is
= $100,000 - $40,000
= $60,000
How to account for this $45,000? I think, this could be as Salary or dividend.
When Scott and Allison are in the store, they are the only ones who operate the register. Scott admits that, because he is in too much of a hurry, he sometimes puts the cash in his pocket rather than take the time to ring up the sale. Having cash in hand allows him to pay his babysitter and other personal expenses. Though it was difficult for him to be certain, Scott estimated that transactions worth about $45,000 each year have been handled in this way. Scott confirmed that he has not filed a personal tax return since he started GPP because he has not taken a salary.
Answer:
Scott should file Personal tax return since he is running his expenses through the money he takes in hand.
Explanation:
Scott will have to file the tax return because he is taking $45,000 as a salary. It does not matter that the salary is run through bank account or through cash but personal tax return filing is necessary. He uses the money to fund his routine expenses and this is to be reported in personal tax filing.
What are the different aspects by which an emerging technology is defined?
What are the different aspects by which an emerging technology is defined?
(you can choose more than one sentence)
Emerging technologies are mostly those that arise from new knowledge. Emerging technologies may develop in new markets, this makes it easier to determine their demand. However, at times, the market for this technology may be non-existent. These technologies can be evaluated by using existing technologies as heuristics. SCORE is an example of a heuristic evaluation method. There are no standard methods used to evaluate emerging technologies.
Answer:
this dude got da same question. check out the answer https://brainly.com/question/13301403
Explanation:
Answer: BEHOLD!!
Explanation:
Management of Mittel Company would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations during the current year the following data were reported: Inspection time 0.3 days Wait time (from order to start of production) 16.6 days Process time 2.8 days Move time 1.0 days Queue time 4.2 days
1. Compute the throughput time.
2. Compute the manufacturing cycle efficiency (MCE) for the quarter. (Round your answer to 2 decimal places.)
3. What percentage of the throughput time was spent in non–value-added activities? (Enter your answer as a percentage (i.e., 0.12 should be entered as 12).)
4. Compute the delivery cycle time.
5. If by using Lean Production all queue time during production is eliminated, what will be the new MCE? (Round your percentage answer to 1 decimal place (i.e., 0.123 should be entered as 12.3).)
Answer:
1. Throughput time = Process time + Inspection time + Move time + Queue time
Throughput time = 2.8 + 0.3 + 1 + 4.2
Throughput time = 8.3 days
2. Manufacturing cycle efficiency = Value added time/Throughput time
Manufacturing cycle efficiency = 2.8/8.3
Manufacturing cycle efficiency = 0.3373493976
Manufacturing cycle efficiency = 0.34
3. Percentage of the throughput time spent in non-value-added activities:
= 1 - 0.34
= 0.66
= 66%
4. Delivery cycle time = Wait time + Throughput time
Delivery cycle time = 16.6 + 8.3
Delivery cycle time = 24.9
Delivery cycle time = 25 days
5. New throughput time = Process time + Inspection time + Move time + Queue time
New throughput time = 2.8 + 0.3 + 1
New throughput time = 4.1
Manufacturing cycle efficiency = Value added time/Throughput time
Manufacturing cycle efficiency = 2.8/4.1
Manufacturing cycle efficiency = 0.6829268292682927
Manufacturing cycle efficiency = 68.30%
