Answer:
2019 2018 2017 2016 2015
Sales 362 237 192 134 100
Cost of goods sold 365 238 195 135 100
Accounts receivable 254 202 191 114 100
Explanation:
Note: See the attached excel file for the table showing how the trend percents are calculated.
Trend percents, often known as index numbers, can be described as percents that are used for comparing financial data across time to a based year or period. This can be calculated using the following formula:
Trend percents = (Analysis year amount / Base year amount) * 100 ........ (1)
Using equation (1), the following table shows the trend percents computed as follows:
2019 2018 2017 2016 2015
Sales 362 237 192 134 100
Cost of goods sold 365 238 195 135 100
Accounts receivable 254 202 191 114 100
Tatum can borrow at 7.4 percent. The company currently has no debt and the cost of equity is 11.8 percent. The current value of the firm is $695,000. The corporate tax rate is 25 percent. What will the value be if the company borrows $410,000 and uses the proceeds to repurchase shares
Answer:
the value be if the company borrows $410,000 is $797,500
Explanation:
The computation of the value be if the company borrows $410,000 is given below:
= Value of the firm + borrowed amount × corporate tax rate
= $695,000 + $410,000 × 25%
= $797,500
hence, the value be if the company borrows $410,000 is $797,500
Therefore the same should be relevant
Adjusting and paying accrued wages L.O. C1, P1 Pablo Management has seven part-time employees, each of whom earns $205 per day. They are normally paid on Fridays for work completed Monday through Friday of the same week. They were paid in full on Friday, December 28, 2011. The end of the year, December 31, 2011 falls on a Monday. The next week, the seven employees worked only four days because New Years Day was an unpaid holiday. All the seven employees are paid as usual on Friday, January 4, 2012.
(a) Prepare the adjusting entry that would be recorded on Monday, December 31, 2011. (Omit the "$" sign in your response.) Date General Journal Debit Credit Dec. 31, 2011
(b) Prepare the journal entry that would be made to record payment of the employees wages on Friday, January 4, 2012. (Omit the "$" sign in your response.) Date General Journal Debit Credit Jan. 4, 2012
Answer:
1- Wages Expense (Dr.) $1,025
Wages Payable (Cr.) $1,025
2- Wages Expense (Dr.) $1,845
Wages Payable (Cr.) $1,025
Cash (Cr.) $820
Explanation:
Wages expense = $205 * 5 days a week = $1,025 per week.
Wages expense = $205 * 4 days a week = $820 per week.
viết lý do chọn đề tài hay về chiến lược xúc tiến của công ty grab
Answer:
đồ án phân tích việc thực hiện chiến lược marketing của Grab tại Việt Nam ... soát ... lược giá (Price) 18 1.3.3 Chiến lược phân phối .20 1.3.4 Chiến lược Xúc tiến hỗn ... lược cấp công ty Tổng tài sản Grab Singapore 2014 - 2015 Doanh thu Grab ... lý Trong trình học tập hướng dẫn thầy Đỗ Thanh Tùng em hoàn thành đề tài .
Những nhân tố ảnh hưởng đến hành vi mua hàng của người tiêu dùng là gì
Nhận thức, động cơ, học tập, niềm tin và thái độ là tất cả các yếu tố tâm lý ảnh hưởng đến việc mua hàng của người tiêu dùng. Quá trình mọi người lựa chọn và giải thích thông tin để đưa ra quyết định mua hàng được gọi là nhận thức.
Computing and Assessing Plant Asset Impairment
On January 1, Zeibart Company purchases equipment for $225,000. The equipment has an estimated useful life of 10 years and expected salvage value of $25,000. The company uses straight-line depreciation. Four years later, economic factors cause the fair value of the equipment to decline to $90,000. On this date, Zeibart examines the equipment for impairment and estimates undiscounted expected cash inflows from this equipment of $125,000
(a) Compute the annual depreciation expense relating to this equipment.
(b) Compute the equipment's net book value at the end of the fourth year.
(c) Apply the test of impairment to this equipment as of the end of the fourth year. Is the equipment impaired?
Answer:
a. Depreciation expense = (Cost - Salvage value / Useful life
Depreciation expense = ($225,000 - $25,000) / 10 years
Depreciation expense = $20,000
b. Equipment's net book value = Cost of equipment - Depreciation for 4 years
Equipment's net book value = $225,000 - ($20,000 * 4)
Equipment's net book value = $225,000 - $80,000
Equipment's net book value = $145,000
c. When the sum of undiscounted expected cash flows < Net book value of asset, then the asset is impaired
Here, $125,000 < $145,000. So, the equipment is impaired.
Impairment loss = Net book value of asset - Fair value of asset
Impairment loss = $145,000 - $90,000
Impairment loss = $55,000
Mariott Condominium, located near San Diego, California, plans to renovate its main building. The project will begin April 1, and the goal is to complete by August 1 (in 17 weeks). The condominium manager identifed the renovation activities and their estimated time below.
a) Draw a project network. You may want to draw on paper then do it here by connecting the given nodes with arcs (i.e, arrows). You might not use all of the given arcs.
b) What are the critical activities?
c) What activity has the most slack time?
d) Will the project be completed by August 1?
Answer:
7
Explanation:
because
Martin used his credit card to buy a new bike. Which statement is true?
Answer: A.
Explanation: egde 2021
Answer: A, he borrowed money
Explanation:
Companies HD and LD have identical tax rates, total assets, and return on invested capital (ROIC), and their ROIC exceeds their after-tax cost of debt, (1-T) r d. However, Company HD has a higher debt ratio and thus more interest expense than Company LD. Which of the following statements is correct?
A) company hd has a lower roa than company ld.
B) company hd has a lower roe than company ld.
C) the two companies have the same roa.
D) the two companies have the same roe.
E) company hd has a higher net income than company ld.
Answer: A) company hd has a lower ROA than company ld.
Explanation:
Company HD has more debt than Company LD which is why they have a higher interest expense. Interest expense is deducted from revenue to reach net profit so Company HD will have a lower profit than Company LD.
Return on Assets is calculated by dividing Net Income by Total assets. With Company HD having a lower net income, it will also have a lower ROA as a result seeing as the numerator will be lower than that of company LD.
You bought a stock for $28.29 and sell it for $35 after four years. What was the true annual rate of return (compounded)
Answer:$1.68
Explanation:
A company claims that 10% of the users of a certain allergy drug experience drowsiness. In clinical studies of this allergy drug, 81 of the 900 subjects experienced drowsiness
a. We want to test their claim and find out whether the actual percentage is not 10%. State the appropriate null and hypotheses.
b. Is there enough evidence at the 5% significance level to infer that the competitor is correct?
c. Compute the p-value of the test.
d. Construct a 95% confidence interval estimate of the population proportion of the users of this allergy drug who experience drowsiness.
e. Explain how to use this confidence interval to test the hypotheses.
Answer:
Answer is D
Explanation:
d. Construct a 95% confidence interval estimate of the population proportion of the users of this allergy drug who experience drowsiness.
Bramble Corp. borrowed $870000 from Liber Bank on January 1, 2019 in order to expand its mining capabilities. The note required annual payments of $220776 and carried an annual interest rate of 8.5%. What is the balance in the notes payable account at December 31, 2020 if payments are made at the end of each year
Answer:
$563,867.79
Explanation:
Notes annual payments = $220,776
Notes payable January 1, 2019 = $870,000
Interest for the year 2019 = $870,000*8.5% = $73,950
Principal payment for 2019 = $220,776 - $73,950 = $146,826
Notes payable at the end of year 2019 = $870,000 - $146,826 = $723,174
Interest for the year 2020 = $723,174 * 8.5% = $61,469.79
Principal payment for 2020 = $220,776 - $61,469.79 = $159,306.21
Notes payable at the end of year 2021 = $723,174 - $159,306.21 = $563,867.79
A company sells q ribbon winders per year at $p per\ribbon winder. The demand function for ribbon winders is given by P=300−0.02Q. Find the elasticity of demand when the price is $70 apiece. Will an increase in price lead to an increase in revenue
Answer:
0.30
Demand is inelastic and an increase in price would lead to an increase in total revenue
Explanation:
P=300−0.02Q
Make q the subject of the formula by dividing through by 0.02
50P = 15,000 - Q
Q = 15,000 - 50P
Differentiate the above equation
[tex]\frac{dp}{dq} = -50[/tex]
Determine the value of q when p is 70
Q = 15,000 - 50(70) = 11,500
Elasticity = [tex][\frac{p}{q} . \frac{dp}{dq} ][/tex]
[[tex]\frac{70}{11500} . -50][/tex] = 0.30
Demand is inelastic and an increase in price would lead to an increase in total revenue
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.
Infinitely elastic demand is perfectly elastic demand. Demand falls to zero when price increases
Perfectly inelastic demand is demand where there is no change in the quantity demanded regardless of changes in price.
Elasticity of demand is 0.30
Also, the demand is inelastic which means that an increase in price would lead to an increase revenue.
Given that;
P = 300−0.02Q
We can make Q, subject of the formula.
P = 300−0.02Q
Dividing through by 0.02 we'll have
P = 300−0.02Q
50P = 15,000 - Q
Q = 15,000 - 50P
Using differentials,
[tex]\frac{d}{p} = -50[/tex]
We can then determine the value of q when p is 70
Q = 15,000 - 50(70) = 11,500
Elasticity = [tex]\frac{70}{11,500} . - 50 = 0.30[/tex]
Therefore, Elasticity of demand is 0.30 . Increase in price would lead to an increase in revenue.
Read more at : https://brainly.com/question/24384825
Vaughn Corporation had income from continuing operations of $10,653,500 in 2020. During 2020, it disposed of its restaurant division at an after-tax loss of $200,300. Prior to disposal, the division operated at a loss of $321,100 (net of tax) in 2020 (assume that the disposal of the restaurant division meets the criteria for recognition as a discontinued operation). Vaughn had 10,000,000 shares of common stock outstanding during 2020. Prepare a partial income statement for Vaughn beginning with income from continuing operations.
Answer:
Bonita Corporation
Income statement (Partial)
For the year 2020
Particulars Amount ($) Amount ($)
Income from continuing operations 10,653,500
Discontinued Operations:
Loss from operations of discontinued (321,100)
restaurant division
Loss from disposal of restaurant division (200,300)
Total loss on discontinued operations (521,400)
Net Income 10,132,100
Earning Per Share:
Income from continuing operations $1.07 [$10,653,500 / 10,000,000]
Discontinued Operations $0.06 [$521,400 /10,000,000]
Net Income $1.01 [$10,132,100 / 10,000,000]
Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows: Units Produced Total Costs
3,300 $168,000
1,300 108,000
2,390 149,040
a. Determine the variable cost per unit and the total fixed cost.
b. Based on part (a), estimate the total cost for 1,660 units of production.
Answer:
Ziegler Inc.
a) The variable cost per unit = $60
b) The total fixed cost = $30,000
c) The total cost for 1,660 units = $129,600
Explanation:
a) Production Data and Calculations:
Units Total
Produced Costs
3,300 $168,000
1,300 108,000
2,390 149,040
High-low method:
High 3,300 $168,000
Low 1,300 108,000
Diff. 1,000 $60,000
Variable cost = $60 ($60,000/1,000)
Fixed cost = $30,000 ($108,000 - ($60 * 1,300)
Total cost for 1,660 units:
Variable costs = $99,600 ($1,660 * $60)
Fixed cost = 30,000
Total costs = $129,600
You are planning to make monthly deposits of $490 into a retirement account that pays 10 percent interest compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 30 years
Answer:
$1,107,639.08
Explanation:
The amount in future of the dollar invested today is known as the Future Value (FV) . We compound the payments or principle amount to determine the future value using the effective interest.
Using a financial calculator, this can simply be calculated as follows :
PMT = - $490
P/YR = 12
I = 10 %
N = 30 x 12 = 360
PV = $ 0
FV = ??
The Future Value (FV) is $1,107,639.08
therefore
The retirement account will be $1,107,639.08 in 30 years
Outback Outfitters sells recreational equipment. One of the company’s products, a small camp stove, sells for $110 per unit. Variable expenses are $77 per stove, and fixed expenses associated with the stove total $161,700 per month. Required: 1. What is the break-even point in unit sales and in dollar sales? 2. If the variable expenses per stove increase as a percentage of the selling price, will it result in a higher or a lower break-even point? (Assume that the fixed expenses remain unchanged.) 3. At present, the company is selling 15,000 stoves per month. The sales manager is convinced that a 10% reduction in the selling price would result in a 25% increase in monthly sales of stoves. Prepare two contribution format income statements, one under present operating conditions, and one as operations would appear after the proposed changes. 4. Refer to the data in Required 3. How many stoves would have to be sold at the new selling price to attain a target profit of $77,000 per month?
Suppose the European and Japanese economies succumb to a recession and reduce their demand for U.S. goods for several years. Using AS/AD framework, explain the macroeconomic consequences of this shock, both immediately and over time.
The standard materials cost to produce 1 unit of Product R is 5 pounds of material at a standard price of $41 per pound. In manufacturing 7,000 units, 34,000 pounds of material were used at a cost of $42 per pound. What is the total direct materials cost variance?
a. $40,000 unfavorable.
b. $8,000 unfavorable.
c. $48,000 favorable.
d. $48,000 unfavorable.
e. $8,000 favorable.
Answer:
Total variance= $7,000 favorable
Explanation:
To calculate the direct material total variance, we need to determine the direct material price and quantity variance:
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (41 - 42)*34,000
Direct material price variance= $34,000 unfavorable
Direct material quantity variance= (standard quantity - actual quantity)*standard price
Direct material quantity variance= (5*7,000 - 34,000)*41
Direct material quantity variance= $41,000 favorable
Total variance= 41,000 - 34,000= $7,000 favorable
2x + y= 4 find the value of y using substitution method
Answer:
Correct option is
A
11
−4
and
11
−10
x+4y=−4 ------- (1)
2x−3y=2 ------ (2)
From equation 1:
4y=−4−x
y=
4
−4−x
Substitute the value of y in equation 2:
2x−3y=2
2x−3(
4
−4−x
)=2
8x+12+3x=8
11x=812
11x=−4
x=
11
−4
Now, Substitute x=
11
−4
in equation 1:
x+4y=−4
11
−4
+4y=−4
−4+44y=−44
44y=−44+4
44y=−40
y=
44
−40
=
11
−10
Therefore the solution is: x=
11
−4
and y=
11
−10
Cullumber is a private camping ground near the Boulder Peak Recreation Area. It has compiled the following financial information as of December 31, 2022.
Services revenues (from camping fees) $130,500 Dividends $7,100
Sales revenues (from general store) 33,000 Notes payable 62,000
Accounts payable 12,400 Administrative expenses 141,400
Cash 14,300 Supplies 2,500
Equipment 109,000 Common stock 32,000
Retained earnings (1/1/2022) 4,400
Required:
Determine Cullumber Lakes Park’s net income for 2022.
Answer:
the net income is $22,100
Explanation:
The computation of the net income is shown below:
= Services revenues (from camping fees) + Sales revenues (from general store) - Administrative expenses
= $130,500 + $33,000 - $141,400
= $22,100
hence, the net income is $22,100
We simply deduct the expenses from the sales revenues
120. Assume that the bid rate for Australian dollar $.60 [.9650] while the ask rate is $.61 [.9811] at Bank A. Also assume that the bid rate for the Australian dollar is $.62 [.9972] while the ask rate is $.625 [1.0052] at Bank B. What would be your profit if you have $100,000 and you execute locational arbitrage
Answer:
$1,639.3
Explanation:
Calculation to determine What would be your profit if you have $100,000 and you execute locational arbitrage
Profit=$100,000-($100,000/$.61)*$.62
Profit = $100,000-(A$163,934.4*$.62)
Profit = $100,000-$101,639,3.
Profit =$1,639.3
Therefore What would be your profit if you have $100,000 and you execute locational arbitrage will be $1,639.3
The Wildhorse Company has disclosed the following financial information in its annual reports for the period ending March 31, 2017: sales of $1.484 million, cost of goods sold of $803,000, depreciation expenses of $175,000, and interest expenses of $89,575. Assume that the firm has an average tax rate of 35 percent. Compute the cash flows to investors from operating activity.
Answer: $535,251.25
Explanation:
Cash flow to investors from operating activities is calculated by:
= EBIT + Depreciation - Taxes
EBIT = Sales - Cost of goods sold - Depreciation
= 1,484,000 - 803,000 - 175,000
= $506,000
Taxes = Tax rate * (EBIT - Interest)
= 35% * (506,000 - 89,575)
= $145,748.75
Cash flow to investors = 506,000 + 175,000 - 145,748.75
= $535,251.25
Evaluation of the amount of costs incurred should be based on the actual volume of activity rather than the planned volume of activity. True False
Answer:
False
Explanation:
The Performance Evaluation may be defined as the formal as well as a productive procedure to help measure the work of the employee and results is based on their job responsibilities.
For any performance evaluation, the cost that is actually incurred should not be compared to the cost which would have been incurred to the actual volume of the activity or work rather than the planned activity.
Thus the answer is false.
Torque Corporation is expected to pay a dividend of $1.00 in the upcoming year. Dividends are expected to grow at the rate of 6% per year. The risk-free rate of return is 5% and the expected return on the market portfolio is 13%. The stock of Torque Corporation has a beta of 1.2. Torque's stock price is
Answer:
The answer is "[tex]\$11.62 \ (approx)[/tex]"
Explanation:
Using formula:
[tex]\text{Required return=risk free rate}+\text{beta}\times \text{(market rate-risk free rate)}[/tex]
[tex]=5+(13-5) \times 1.2\\\\=14.6\%\\\\\text{Intrinsic value}=\frac{D_1}{\text{(Required return-Growth rate)}}\\\\= \frac{1}{(0.146-0.06)}\\\\= \frac{1}{(0.140)}\\\\=\$11.62\ (Approx)[/tex]
You are valuing an investment that will pay you $28,000 per year for the first 4 years, $43,000 per year for the next 12 years, $69,000 per year the next 18 years, and $61,000 per year for the following 10 years (all payments are at the end of each year). If the appropriate annual discount rate is 11.00%, what is the value of the investment to you today
Answer:
Value of investment = $29139.28
Explanation:
Below is the calculation to find the value of investment:
Value of investment = 28000(P/F, 11%, 4) + 43000(P/F, 11%, 12)(P/F, 11%, 4) + 69000(P/F, 11%, 18)(P/F, 11%, 16) + 61000(P/F, 11%, 10)(P/F, 11%, 34)
Value of investment = 28000(0.6587) + 43000(0.2858)(0.6587) + 69000(0.1528)(0.1882) + 61000(0.3521)(0.0287)
Value of investment = $29139.28
disadvantages of unit trust investment
Burkhardt Corp. pays a constant $15.25 dividend on its stock. The company will maintain this dividend for the next 9 years and will then cease paying dividends forever. If the required return on this stock is 9.2 percent, what is the current share price
Answer:
$90.69
Explanation:
Current share price can be determined by calculating the present value of the cash flows
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow in year 1 to 9 = 15.25
I = 9.2
PV = 90.67
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
On January 1, Kale Company has a beginning cash balance of $42,000. During the year, the company expects cash disbursements of $340,000 and cash receipts of $290,000. If Kale requires an ending cash balance of $40,000, the company must borrow:_____
Answer:
See below
Explanation:
Given the above information,
= $340,000 - $42,000
= $298,000
Then,
= $298,000 - $290,000
= $98,000
Which of the following costs is an example of a Selling & Administrative (S&A) cost rather than a product cost? Group of answer choices Depreciation on production equipment. Wages of salespersons. Wages of production machine operators. Insurance on factory equipment.
Answer:
The answer is B.
Explanation:
Option B. Wages of sales person are the example of a Selling and Administrative cost. Other examples are rents, distribution cost etc.
Option C is wrong. Wages of production machine operators is a direct wage. It will form part of cost of sales.
Option D is wrong. Insurance on factory equipment cannot be attributable to selling cost.
Economists who favor activist monetary policy often argue that Group of answer choices during the mid-1970s, money supply growth rates were nearly constant and still the economy went through a recession. activist monetary policy is likely to be destabilizing most of the time, but still it is the better way to proceed. during the mid-1970s, activist monetary policy was applied, and the economy was healthy and stable. activist monetary policy is inflexible, and this is one of its virtues; the money supply doesn't change every year in response to political considerations.
Answer:
during the mid-1970s, money supply growth rates were nearly constant and still the economy went through a recession
Explanation:
In the case when the economist favored that activist monetary policy determines that at the time of 1970s the growth rate related to the money supply would be the same or the constant and still keeping the same the economy would be in the recession
So as per the given situation, the first option is correct
