Answer:
Along with any of the above
Explanation:
The book value per share of stock can be defined as a measure of the total amount of value associated with a net asset that an investor is entitled to when he or she buys a share of stock.
Hence, the book value per share of stock is a ratio of the equity gotten by an investor to the amount of outstanding shares.
In the financial markets, when a company issues shares at a premium the amount of premium should be received by the company;
I. Along with application money
II. Along with allotment money
III. Along with calls
which of the following quotes is the best way to tell your boss that you can't accept a new assignment right now?
a. I would like to work on this. but if I take this on I won't be able to meet my current deadline.
b. you know I already have this other deadline
c. I just don't know if I can get this all done
d. I don't have time sorry
Answer:
a
Explanation:
it would be fine hopefully
The correct quotes are the best way to tell your boss that you can't accept a new assignment right now is "I would like to work on this. But if I take this on, I won't be able to meet my current deadline". Thus, option (a) is correct.
What is assignment?An assignment is a judicial word used in the context of contract and property law. Assignment is the process through which one person, the assignor, passes rights or advantages to another, the assignee.
Assignment is providing someone to a specific job or piece of labor, or assigning someone to a specific location to complete a job.
The simplest approach to inform your supervisor that you can't take on a new job right now is to say, "I'd want to work on this, but if I take it on, I won't be able to fulfill my present deadline." Therefore, it can be concluded that option (A) is correct.
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Comparing Three Depreciation Methods Dexter Industries purchased packaging equipment on January 8 for $249,400. The equipment was expected to have a useful life of four years, or 8,800 operating hours, and a residual value of $20,600. The equipment was used for 3,080 hours during Year 1, 1,848 hours in Year 2, 2,464 hours in Year 3, and 1,408 hours in Year 4. Required: 1. Determine the amount of depreciation expense for the four years ending December 31 by (a) the straight-line method, (b) the units-of-activity method, and (c) the double-declining-balance method. Also determine the total depreciation expense for the four years by each method. Round the answer for each year to the nearest whole dollar. Depreciation Expense Year Straight-Line Method Units-of-Activity Method Double-Declining- Balance Method Year 1 $fill in the blank 1 $fill in the blank 2 $fill in the blank 3 Year 2 $fill in the blank 4 $fill in the blank 5 $fill in the blank 6 Year 3 $fill in the blank 7 $fill in the blank 8 $fill in the blank 9 Year 4 $fill in the blank 10 $fill in the blank 11 $fill in the blank 12 Total $fill in the blank 13 $fill in the blank 14 $fill in the blank 15 2. What method yields the highest depreciation expense for Year 1
Answer:
Straight line :
Depreciation expense each of the four years is $57,200
total depreciation = $228,800
Double declining :
Year 1 = $124,700
Year 2 = $62350
Year 3 = $31,175
Year 4 = $15,588
Total depreciation expense = $233,813
Activity based depreciation
year 1 = $80,080
year 2 = $48,048
year 3 = $64,064
year 4 = $36,608
Total depreciation expense = $288,800
the deprecation method that yields the highest depreciation expense in year 1 is the double declining method
Explanation:
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
($249,400 - $20,600) / 4 = $57,200
Depreciation expense each of the four years is $57,200
total depreciation = $57,200 x 4 = $228,800
Depreciation expense using the double declining method = Depreciation factor x cost of the asset
Depreciation factor = 2 x (1/useful life) = 2/4
Year 1 = 2/4 x $249,400 = 124,700
book value = $249,400 - 124,700 = 124,700
Year 2 = 2/4 x 124,700 = 62350
Book value = 124,700 - 62350 = 62350
Year 3 = 2/4 x 62350 = 31,175
book value = 62350 - 31,175 = 31,175
Year 4 = 2/4 x 31,175 = 15,587.50
Addition of the depreciation expenses = $233,812.50
Activity method based on hours worked = (hours worked that year / total hours of the machine) x (Cost of asset - Salvage value)
($249,400 - $20,600) / 8,800 = 26
year 1 = 26 x 3,080 = $80,080
year 2 = 26 x 1,848 = $48,048
year 3 = 26 x 2,464 = $64,064
year 4 = 26 x 1,408 = $36,608
Addition of the depreciation expenses = $288,800
Bill Johnson, sales manager, and Diane Buswell, controller, at Current Designs are beginning to analyze the cost considerations for one of the composite models of the kayak division. They have provided the following production and operational costs necessary to produce one composite kayak.
Kevlar $250 per kayak
Resin and supplies $100 per kayak
Finishing kit (seat, rudder, ropes, etc.) $170 per kayak
Labor $420 per kayak
Selling and administrative expenses—variable $400 per kayak
Selling and administrative expenses—fixed $119,700 per year
Manufacturing overhead—fixed $240,000 per year
Bill and Diane have asked you to provide a cost-volume-profit analysis, to help them finalize the budget projections for the upcoming year. Bill has informed you that the selling price of the composite kayak will be $2,000.
(a) Calculate variable costs per unit.
Variable cost per unit $
Bill Johnson, sales manager, and Diane Buswell, co
(b) Determine the contribution margin per unit.
Contribution margin per unit $
Bill Johnson, sales manager, and Diane Buswell, co
(c) Using the contribution margin per unit, determine the break-even point in units for this product line.
Break-even point
Bill Johnson, sales manager, and Diane Buswell, co
units
(d) Assume that Current Designs plans to earn $270,600 on this product line. Using the contribution margin per unit, calculate the number of units that need to be sold to achieve this goal.
Number of units
Bill Johnson, sales manager, and Diane Buswell, co
units
(e) Based on the most recent sales forecast, Current Designs plans to sell 1,000 units of this model. Using your results from part (c), calculate the margin of safety and the margin of safety ratio. (Round margin of safety ratio to 1 decimal place, e.g. 25.5%.)
Margin of safety $
Bill Johnson, sales manager, and Diane Buswell, co
Margin of safety ratio
Bill Johnson, sales manager, and Diane Buswell, co
%
By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor.
(a) Calculate variable costs per unit.
Variable cost per unit $
Bill Johnson, sales manager, and Diane Buswell, co
(b) Determine the contribution margin per unit.
Contribution margin per unit $
Bill Johnson, sales manager, and Diane Buswell, co
(c) Using the contribution margin per unit, determine the break-even point in units for this product line.
Break-even point
Bill Johnson, sales manager, and Diane Buswell, co
units
(d) Assume that Current Designs plans to earn $270,600 on this product line. Using the contribution margin per unit, calculate the number of units that need to be sold to achieve this goal.
Number of units
Bill Johnson, sales manager, and Diane Buswell, co
units
(e) Based on the most recent sales forecast, Current Designs plans to sell 1,000 units of this model. Using your results from part (c), calculate the margin of safety and the margin of safety ratio. (Round margin of safety ratio to 1 decimal place, e.g. 25.5%.)
Margin of safety $
Bill Johnson, sales manager, and Diane Buswell, co
Margin of safety ratio
Bill Johnson, sales manager, and Diane Buswell, co
%
Answer:
a. Particulars Amount$
Kevlar per kayak 250
Resin and Supplies per kayak 100
Finishing Kit per kayak 170
Labor per Kayak 420
Variable selling & admin. exp. per kayak 400
Total variable cost per kayak 1,340
b. Contribution margin per unit = Selling price per unit – Variable cost per unit
Contribution margin per unit = $2,000 per unit - $1,340 per unit
Contribution margin per unit = $660 per unit
c. Break-even point in units = Total fixed costs/ Contribution margin per unit
Break-even point in units = ($ 119,700 + $240,000) / $660 per unit
Break-even point in units = 545 units
d. Number of units to be sold = (Total Fixed cost + Target Profit)/ Contribution margin per unit
Number of units to be sold= ($119,700 + $240,000 + $270,600) / $660 per unit
Number of units to be sold = 955 units
So therefore, the company needs to sell 955 units in order to achieve target profit of $270,600.
Ms. Colonial has just taken out a $150,000 mortgage at an interest rate of 6 percent per year. If the mortgage calls for equal monthly payments for 20 years, what is the amount of each payment? (Assume monthly compounding or discounting.)
How do you solve this w/o a financial calculator?
Answer:
1. The monthly payment is:
= $1,074.65
2. To solve this without a financial calculator, you will calculate the future value of the $150,000 at a discount rate of 0.5% (6%/12) for 240 months. Then the calculated Future Value is divided by 240 to obtain the monthly payment.
Explanation:
a) Data and Calculations:
Mortgage = $150,000
Interest rate = 6% per year
Monthly payments = 240 (20 * 12)
Period of mortgage = 20 years
N (# of periods) 240
I/Y (Interest per year) 6
PV (Present Value) 150000
FV (Future Value) 0
Results
PMT = $1,074.65
Sum of all periodic payments = $257,915.18
Total Interest = $107,915.18
Without a financial calculator (using future value table):
Future value factor of 0.5% for 240 = 1.7194345
Future value of $150,000 = $257,915.18 ($150,000 * 1.7194345)
Monthly payment = $1,074.65 ($257,915/18/240)
Suppose that an additional 350 hours per week can be obtained from the milling machines by working overtime. The incremental cost would be $2.00 per hour. What would be the allowable increase(from the excel sensitivity report) in overtime when compared to additional hours that can be obtained
Solution :
It is given that :
Additional time obtained per week from milling machines = 350
The incremental cost = $ 2 per hour
Therefore, the allowable increase for milling operation is 400.
This indicates that we can accommodate additional constraint RHS of [tex]200[/tex] hours.
Also we have to consider the impact on the profit of 2.25 which is an incremental cost of [tex]1.5[/tex] is well affordable.
blank is a crucial factor to small business success A. Location B. Financing C. Advertising D. legal advice
Answer:
Advertisement
Explanation:
Advertising
Miller and Sons' static budget for 10,500 units of production includes $41,000 for direct materials, $50,300 for direct labor, variable utilities of $7,600, and supervisor salaries of $14,600. A flexible budget for 12,100 units of production would show Round your final answer to the nearest dollar. Do not round interim calculations. a.the same cost structure in total b.direct materials of $47,248, direct labor of $57,965, utilities of $8,758, and supervisor salaries of $14,600 c.direct materials of $47,248, direct labor of $57,965, utilities of $8,758, and supervisor salaries of $17,520 d.total variable costs of $113,500
Answer:
b.direct materials of $47,248
Direct labor=$57,965
Variable Utilities=8,758
Supervisor salaries $14,600
Explanation:
Computation of flexible budget
FLEXIBLE BUDGET
Direct materials
$41,000/10,500*12,100
Direct materials= $47,248
Direct labor=50,300/10500*12100
Direct labor=$57,965
Variable Utilities
=7600/10500*12100
Variable Utilities=8,758
Supervisor salaries $14,600 Fixed cost
Can you help me
please
Answer:
united nation childrens funds
Explanation:
i hope it helpful
List three (3) distinctions between limited liability partnership and conventional partnership using statute and decided cases.
If you're operating as a limited partnership, the general partner has unlimited liability for company losses and debts, while a limited partner has limited liability protection against company debts and losses. ... In an LLP, all partners have limited liability protection against company obligations and debts.
planning practices are different from organization to organization. do you agree?
explain
Answer:
yes I agree
Explanation:
because different organizations manufacture or provide different goods and services so it's not possible for them to have the same planning practices take for instance an organization that deals with the provision of food to refugees and an organization that deals with the manufacturing of goods these two organizations will plan differently on how to go about with there businesses.
I hope this helps
Which of the following is true of good salespeople?
A. They know how to oversell their product so the customer can't say no.
B. They have tenacity but know when to walk away and move on to the next sales prospect.
C. They make promises they may not be able to keep in order to secure a sale.
D. They don't leave voice mail messages.
Answer:
Correct answer is A, They know how to oversell their product so the customer can't say no. Explanation: Good salespeople are those who sell more and more of their company's product.
If the average annual rate of return for common stocks is 11.7 percent, and 4.0 percent for U.S. Treasury bills, what is the average market risk premium?
Answer:
7.7%
Explanation:
Risk premium is the return an investor would want for holding a risky bond. It is the excess return earned over holding a risk free bond
Risk premium = return on risky asset - return on U.S. Treasury bills
The U.S. Treasury bills is considered to be risk free because the US government cannot default
On the other hands, stocks are risky because companies can default on payment of dividends due to various reasons e.g. insolvency
11.7 - 4 = 7.7%
You purchase a digital camera for $495.00, a case for $38.50, a zoom lens for $216.45, and a
memory card for $74.95. The sales tax is 7.15 percent.
12. What is the total price of your purchase before sales tax?
A. S824.90
B. $749.95
C. $883.88
D. $801.25
Beck Inc. and Bryant Inc. have the following operating data: Beck Inc. Bryant Inc. Sales $336,700 $1,092,000 Variable costs 135,100 655,200 Contribution margin $201,600 $436,800 Fixed costs 138,600 268,800 Income from operations $63,000 $168,000 a. Compute the operating leverage for Beck Inc. and Bryant Inc. If required, round to one decimal place.
Answer:
Beck Inc Operating leverage 3.2
Bryant Inc Operating leverage 2.6
Explanation:
Computation for the operating leverage for Beck Inc. and Bryant Inc
Using this formula
Operating leverage = Contribution margin/Income from operation
Let plug in the formula
Beck Inc Operating leverage = $201,600/ $63,000
Beck Inc Operating leverage= 3.2
Bryant Inc Operating leverage= $436,800/$168,000
Bryant Inc Operating leverage= 2.6
Therefore the operating leverage for Beck Inc. and Bryant Inc are:
Beck Inc Operating leverage 3.2
Bryant Inc Operating leverage 2.6
Universal Air is a no-growth firm and has two million shares outstanding. It expects to earn a constant $20 million per year on its assets. If it has no debt, all earnings are paid out as dividends, and the cost of capital is 10 percent, calculate the current price per share of the stock.
Answer:
$100/share
Explanation:
Calculation to determine the current price per share of the stock.
First step
EPS = DPS = $20,000,000/($20,000,000*10%)
EPS = DPS = $20,000,000/$2,000,000
EPS = DPS = $10 per share
Now let determine the current price per share of the stock
P0 = 10/0.10
P0= $100/share
Therefore current price per share of the stock is $100/share
Choose the correct statements about the ROC curve.
A. By plotting the true-positive rate against the false-positive rate for different threshold values, the ROC curve can be used to select the optimal model.
B. ROC stands for Receiver Operating Characteristic curve, which was originally developed to detect enemy aircrafts on radar.
C. The ROC curve is a useful diagnostic tool for determining the optimal classification model.
D. The ROC curve was originally developed to optimize healthcare and detect congestive heart failure readmission rate.
Answer:
B
Explanation:
The ROC stands for Reviever Operating Characteristics curve ehic was originally developed to detect enemy aircrafts on reader
The correct statement about the ROC curve is that ROC stands for the Receiver Operating Characteristic curve, which was originally developed to detect enemy aircraft on radar. Thus, option B is correct.
What is a curve?A curve can be defined as the relation that can be between the teo element. this is represented by the graph that is formed on the basis of the change in the elements that are surrounding it. If there is a change in one thing then there can also be a change in another and it may have an effect.
The best accuracy and false alarm rate for a classification algorithm at the approaches suggested are calculated and plotted to create the ROC curve.
The Receiver Operating Characteristic curve, abbreviated ROC curve, was created to find hostile aircraft using radar. Therefore, option B is the correct option.
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A campus deli serves 200 customers over its busy lunch period from 11:00 a.m. to 1:00 p.m. A quick count of the number of customers waiting in line and being served by the sandwich makers shows that an average of 10 customers are in process at any point in time. The average amount of time that a customer spends in process is _______ minutes (round to the nearest integer).
Answer: 2 hours
Explanation:
Makers Corp. had additions to retained earnings for the year just ended of $553,000. The firm paid out $191,000 in cash dividends, and it has ending total equity of $4.96 million. The company currently has 240,000 shares of common stock outstanding. a. What are earnings per share
Answer:
$1.51
Explanation:
Calculation to determine the earnings per share
Using this formula
Earnings per share = (Retained Earnings + Dividend paid out) / Common stock outstanding
Let plug in the formula
Earnings per share= ($553,000+$191,000)/240,000
Earnings per share=$362,000/240,000
Earnings per share= $1.51
Therefore Earnings per share is $1.51
The agreement of the trial balance totals is an indication that all transactions have been properly recorded in the books of accounts. Do you agree with this statement?
Answer:
No
Explanation:
The trial balance shows the totals of all transactions that have been recorded. It has no way of knowing if there are additional transactions that have not been recorded.
HELPPP PLEASE !
1. Write one paragraph about a person who decides that taking an hourly job with
tips is a better choice than accepting a salaried job with benefits.
We want to help the user to understand why it gives more preference to the hourly job as compared to the salaries job with benefits
The reasons why the hourly job is better than accepting the salaried job with benefits are as follows:
Hourly job considered to be the goods job for earning the money in haste or at the time when the insurance & vacation should not be considered as the deciding factor. The question that arises is that you are searching for a job or interested to run a family business that has various benefits.Salary jobs provides the compensation along with the other benefits the company provides like insurance, vacation time, incentives, life insurance. In the case of hourly job, the number of hours they actually work and how much energy they would put into their work. They could choose their time also eligible for overtimeIn the case of salaried job, the same amount of money should be provided but along with it the stress should be there like working on weekends, working 10-12 hours a day, etcTherefore in these ways hourly job is better than accepting a salaried job with benefits
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A bookstore organizes its stock by topic. It has a mystery novel section, a romance novel section, a how-to-do-it section, a travel book section, etc. The bookstore is obviously using a _____ presentation. horizontal style/item usage book cover
Answer:
The correct answer is the second option: Item usage book cover.
Explanation:
To begin with, in the field of business management that focus specifically in the bookstores when they talk about an "item usage book cover" presentation it means that the managers decide to organize the stock by topic and that is related to the book cover and therefore to its item so that is why that they would have a mystery novel section, a romance novel section and much more of that. So every customer will understand inmediately that the bookstore is structured by the item of the book that could be easily recognize sometimes with its cover.
El 5 de diciembre se solicitó un préstamo por USD.275,000, negociado al 6.5%
de interés anual a un plazo de 5 años. Los pagos de capital e intereses se harán
mensualmente.
Required information Skip to question [The following information applies to the questions displayed below.] The Tennis Times (TTT) is a publisher of magazines. Its accounting policy for subscriptions follows: Revenues Revenues from our magazine subscription services are deferred initially and later recognized as revenue as subscription services are provided. Assume TTT (a) collected $420 million in 2018 for magazines that will be distributed later in 2018 and 2019, (b) provided $204 million of services on these subscriptions in 2018, and (c) provided $216 million of services on these subscriptions in 2019. Required: Using the information given, indicate the accounts, amounts, and accounting equation effects of transactions (a), (b), and (c). (Enter any decreases to assets, liabilities, or stockholders equity with a minus sign. Enter your answers in whole dollars.)
Answer:
The solution to the given question is defined in the attached file please find it.
Explanation:
All of the following will improve a firm's liquidity position except: Answer A)increase long-term debt and invest the money in marketable securities B)increase accounts receivable turnover C)increase inventory turnover D)increase the average collection period
Answer:
i think answer B is right
but i am not sure
Tamarisk, Inc. issued 20800 shares of $1 par common stock for $40 per share during 2022. The company paid dividends of $50000 and issued long-term notes payable of $458000 during the year. What amount of cash flows from financing activities will be reported on the statement of cash flows
Answer:
$1,240,000
Explanation:
Calculation to determine the amount of cash flows from financing activities will be reported on the statement of cash flows
Cash flow from Financing activities
Issue of common stock $832,000
(20800 shares × $40)
Add Issued of long term notes payable $458,000
Less: Dividend paid -$50,000
Net Cash flow from Financing activities $1,240,000
Therefore the amount of cash flows from financing activities will be reported on the statement of cash flows is $1,240,000
Conducting a search of the story is part of store closing duties why
Searching for the store is part of store closing duties. Why?
A. To look for empty boxes
B. To ensure that all trash has been removed
C. To make sure someone is not hiding
D. To make sure all merchandise is on the sales floor
Answer:
B. To ensure that all trash has been removed
Explanation:
The purpose of conducting a search of the store which is part of store closing duties is to ensure no detail is overlooked such as removing all the trashes available and eventually avoiding more work for the next morning.
In some other cases, it is also an opportunity to clear the corridors or spaces of any merchandise, carts, or litter around the floors.
The parts of the process cost summary include:______.
a. cost charged to each job.
b. costs charged to departments.
c. cost assignment and reconciliation.
d. equivalent units of production.
Answer:
b. costs charged to departments. c. cost assignment and reconciliation. d. equivalent units of productionExplanation:
In Process costing, the company involved is producing a large amount of goods and services that are exactly the same. In order to assign costs therefore, the company will assign costs to all the products instead of individually.
Costs would be charged to various departments because they produce the goods so the entire department cost has to be assigned and reconciled with with the department that produce the goods. When the company only managed to partially complete the production of a good, they will still have to assign costs and so use equivalent units of production to do so.
The stock brokerage firm of Blank, Leibowitz, and Webber has analyzed and recommended two stocks to an investor. The investor was interested in factors such as short-term growth, intermediate growth, and dividends rates. The data on each stock is as follows: STOCK ($) FACTOR LOUISIANA GAS AND POWER TRIMEX INSULATION COMPANY Short-term growth potential, per dollar invested 0.36 0.24 Intermediate growth potential (over next 3 years), per dollar invested 1.80 1.50 Dividend rate potential 4% 8%The investor has the following goals: an appreciation of no less than $720 in the short term, an appreciation of at least $5000 in the next three years, and a dividend income of at least $200 per year. What is the smallest investment the investor can make to meet these three goals.
Motors are assembled in a process with two resources. The first resource has a capacity of 2 motors per hour. The capacity of the second resource is 4.5 motors per hour. Demand for this process is 2.3 motors per hour.
Instruction: Round your answer to three decimal places.
What is the cycle time of this process (in minutes)? _______minutes
Answer: 26.1 minutes
Explanation:
The cycle time is calculated by the formula:
= Production time available / Desired output
Production time available = 1 hour as production is per hour.
1 hour = 60 minutes
Desired output is the demand per hour from the process
Cycle time = 60 / 2.3
= 26.1 minutes
Using the Chipotle example we have discussed in class imagine that all employees are paid $15/hour, the grill costs $300, and each cash register costs $200. All other utensils and items come at zero cost. Applying the principles of business process improvement that we have discussed in class, what is the lowest cost Chipotle can achieve with the highest flow rate
Answer:
The correct answer will be "$620".
Explanation:
It is important to note that certain principles are involved in the process of streamlining business processes, including:
Interpersonal skills of the organizational leaders.Client focus entirely, defined objectives, accuracy, and so on., are encouraged.The lowest cost will be:
= [tex](15\times 8)+300+200[/tex]
= [tex]120+300+200[/tex]
= [tex]620[/tex] ($)
Chipotle can achieve the lowest cost of $ 620 with the highest flow rate. Thus, the correct answer would be "$ 620".
What are the principles of business process improvement?Collect User Information (UX), Customer Information (CX), and Organizational Change Management.Do not think that a change in technology will change your processes.Improve and renovate.End-to-end continuous improvement.The lowest cost can be achieved:
[tex]= (15\times8)+ \$200 + \$300\\\\= \$620[/tex]
Thus, the correct answer is $620, which is the lowest cost chipotle can achieve with the highest flow rate.
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