At December 31, 2017, Sweet Corporation had a projected benefit obligation of $561,600, plan assets of $331,900, and prior service cost of $120,300 in accumulated other comprehensive income. Determine the pension asset/liability at December 31, 2017. (Enter liability using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Pension asset/liability at December 31, 2017

Answers

Answer 1

Answer:

Pension liability at December 31, 2017 is ($229,700)

Explanation:

Projected benefit obligation                         $561,600

Less: Plan assets                                           $331,900

Pension liability at December 31, 2017     -$229,700


Related Questions

A project will reduce costs by $38,500 but increase depreciation by $18,300. What is the operating cash flow if the tax rate is 35 percent?

Answers

Answer:

$31,430

Explanation:

A project will reduce costs by $38,500

The project will have an increased depreciation of $18,300

The tax rate is 35%

= 35/100

= 0.35

Therefore, the operating cash flow can be calculated as follows

Operating cash flow= reduction in project cost×(1-tax rate)+(increase in the depreciation amount ×tax rate)

= $38,500×(1-0.35)+($18,300×0.35)

= $38,500×0.65+6,405

= $25,025+$6,405

= $31,430

Hence the operating cash flow is $31,430

Debra and Merina sell electronic equipment and supplies through their partnership. They wish to expand their computer lines and decide to admit Wayne to the partnership. Debra's capital is $200,000, Merina's capital is $160,000, and they share income in a ratio of 3:2, respectively.Required:Record Wayne's admission for each of the following independent situations:a. Wayne directly purchases half of Merina's investment in the partnership for $97,000.b. Wayne invests the amount needed to give him a one-third interest in the partnership's capital if no goodwill or bonus is recorded.

Answers

Answer:

a. Merina's captal is $160,000. Half would be $80,000.

Entry;

DR Merina, Capital ..................................................................$80,000

CR Wayne, Capital ....................................................................................$80,000

(To record purchase of half of Merina Capital)

b.

DR Cash......................................................................$180,000

CR Wayne, Capital.........................................................................$180,000

(To record Wayne investment)

Working

The current Capital amount is;

= 200,000 +160,000

= $360,000

If Wayne joins and adds to this such that he owns 1/3 then;

2/3x = 360,000

x = 360,000/2/3

x = $540,000

Wayne's share would be;

= 1/3 * 540,000

= $180,000

The journal entries that would take place will take effect as A- A debit in Merina's capital amount and Cash account as $17000 and a credit effect in Wayne's capital account. The amount of debit and credit will be $97000.

And for B- There will be Debit in Cash account effecting a credit in The Wayne's capital account. The amount effecting the debit and credit side will be $180,000.

The journal entries are added in the images attached to the answer. The entries would take place in the journal entries on the respective date of their occurrence.( Image attached below).

When Wayne is introduced as partner for one third share the calculation of the amount of his capital would be shown as considering the capital as x. The capital by existing partners is $360000. (Image below).

,[tex]\dfrac{2}{3}x\ = 360000[/tex]

[tex]x= \dfrac {360000}{\dfrac{2}{3}}[/tex]

Now the value of x will be calculated as

[tex]x= \dfrac{540000}{3}[/tex]

[tex]x=180000[/tex]

Therefore Wayne's capital will be calculated as $180,000, so he will be required to bring in additional $180,000 capital in the firm for getting one third share in the profits and losses of the company.

Hence, the correct statements for A will be that Wayne pays $97000 which will be divided in Merina's capital and cash accounts in the proportion of $80000 and $17000 respectively.

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The statement "Automobiles manufactured by this brand are the safest" is an example of the _____ component of attitude.

Answers

Answer:

cognitions

Explanation:

The cognitions component of attitude refers to the opinion a person has about an object. According to this, the answer is that the statement "Automobiles manufactured by this brand are the safest" is an example of the cognitions component of attitude as the sentence shows the belief the person has about that brand.

The following data relate to the direct materials cost for the production of 50,000 automobile tires: Actual: 725,000 lbs. at $3.00 per lb. Standard: 730,000 lbs. at $2.95 per lb. a. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

Answers

Answer and Explanation:

a. The computation of the material price variance is shown below:

= Actual Quantity × (Standard Price - Actual Price)

= 725,000 × ($2.95- $3)

= 725,000 × $0.5

= $36,250 unfavorable

b. The computation of the material quantity variance is shown below:

= Standard Price × (Standard Quantity - Actual Quantity)

= $2.95 × (730,000 - 725,000)

= $2.95 × 5,000

= $14,750 favorable

And, the total direct material cost variance is

= Material price variance + material cost variance

= $36,250 unfavorable + 14,750 favorable

= $21,500 unfavorable

If D​ = 8,200 per​ month, S​ = ​$44 per​ order, and H​ = ​$2.00 per unit per​ month, ​a) What is the economic order​ quantity? The EOQ is 601601 units ​(round your response to the nearest whole​ number). ​b) How does your answer change if the holding cost​ doubles? The EOQ is 425425 units ​(round your response to the nearest whole​ number). ​c) What if the holding cost drops in​ half? The EOQ is nothing units ​(round your response to the nearest whole​ number).

Answers

Answer: A) The Economic Order Quantity is 601 units.  

B)The Economic Order Quantity is 425 units.

C )The Economic Order Quantity is 849 units

Explanation:

EOQ, economic order​ quantity = [tex]\sqrt{ 2 x Dx S/ H}[/tex]

where D=  demand

S = Order cost

H= holding cost.

a)when  D​ = 8,200 per​ month, S​ = ​$44 per​ order, and H​ = ​$2.00

EOQ, economic order​ quantity = [tex]\sqrt{2x D x S /H}[/tex]

=  [tex]\sqrt{2 x 8,200 x 44 /2 }[/tex] =  [tex]\sqrt{360,800}[/tex] = 600.666= 601 units

b) if the holding cost​ doubles, holding cost = HX 2 = 2 X 2  = 4

EOQ, economic order​ quantity =[tex]\sqrt{ 2 x D xS /H }[/tex]

= [tex]\sqrt{2 X 8,200 X 44 / 2 X $2}[/tex] = [tex]\sqrt{180,400}[/tex] = 424.73 = 425units

C) if the holding cost drops in​ half, holding cost = H/2 = 2 X 1/2 = 1

EOQ, economic order​ quantity =[tex]\sqrt{ 2 x D xS /H }[/tex]

= [tex]\sqrt{2 X 8200 x 44/1}[/tex] = [tex]\sqrt{721,600}[/tex] = 849.47 = 849units

Gen-Fast Shoes wants to expand internationally and is deciding if its line of tennis shoes can be sold at a high price in Europe. One way for Gen-Fast Shoes to assess this is to determine whether these types of shoes in the foreign market offer customers greater.
a. cost.
b. exports.
c. value.
d. competition.
e. production.

Answers

Answer: value

Explanation:

From the question, we are informed that Gen-Fast Shoes wants to expand internationally and is deciding if its line of tennis shoes can be sold at a high price in Europe.

One way for Gen-Fast Shoes to assess this is to determine whether these types of shoes in the foreign market offer customers greater value.

Value simply means the worth of something. When people realize that the tennis shoes are worth it, it'll command a high value.

Which of the following methods is appropriate for a business whose inventory consists of a relatively small number of unique, high-cost items?
a. FIFO
b. average
c. LIFO
d. specific identification

Answers

Answer: Specific identification

Hope it is correct

D specific identification

Brodrick Company expects to produce 21,200 units for the year ending December 31. A flexible budget for 21,200 units of production reflects sales of $508,800; variable costs of $63,600; and fixed costs of $142,000. Assume that actual sales for the year are $587,200 (26,300 units), actual variable costs for the year are $113,900, and actual fixed costs for the year are $137,000. Prepare a flexible budget performance report for the year.

Answers

Answer:

                Flexible budget performance report  for the year

                           Flexible budget  Actual     Variance   Fav/Unf

Sales                        631,200         587,200    44,000   UNF

Variable cost           (78,900)         (113,900)    35,000    F

Contribution            416,000         368,000   48,000   UNF

margin

Fixed cost               (142,000)        (137,000)    5000       UNF

Net operating          274,000        231,000    43,000    UNF

income

Working:

a. At flexible budget, selling price per unit = $508,800 / 21,200 = $24 per unit . Total sales =26,300 *24 = $631,200  

b. Variable cost per unit = $63,600 / 21,200 = $3 per unit . Total cost = 3 * 26,300 = 78,900

Find the operating cash flow for the year for Harper​ Brothers, Inc. if it had sales revenue of ​, cost of goods sold of ​, sales and administrative costs of ​, depreciation expense of ​, and a tax rate of .

Answers

Answer:

$101,960,000

Explanation:

For the computation of operating cash flow first we need to follow some steps which are shown below:-

Step 1

EBIT = Sales - Cost of goods sold - Sales and administrative costs - Depreciation

= $302,100,000 - $135,900,000 - $39,600,000 - $65,000,000

= $61,600,000

Step 2

Net income = EBIT - Tax

= $61,600,000 - ($61,600,000 × 40%)

= $61,600,000 - $24,640,000

= $36,960,000

and finally

Operating cash flow = EBIT - Taxes + Depreciation

= $61,600,000 - $24,640,000 + $65,000,000

= $101,960,000

During 2021, Deluxe Leather Goods issued 707,000 coupons which entitles the customer to a $5.00 cash refund when the coupon is submitted at the time of any future purchase. Deluxe estimates that 71% of the coupons will be redeemed. 261,000 coupons had been processed during 2021. Deluxe recognizes coupon expense in the period coupons are issued. At December 31, 2021, Deluxe should report a liability for unredeemed coupons of:

Answers

Answer:

Deluxe should report a liability for unredeemed coupons of $1,204,850

Explanation:

Estimated coupons to be redeemed     $501,970

(707,000 * 71%)

Less: Coupons redeemed                       $261,000

Coupons unredeemed                             $240,970

X Cost per Coupon                                      5.00    

Liability for unredeemed Coupons       $1,204,850

Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Selling price $90
Units in beginning inventory 0
Units produced 3,400
Units sold 3,000
Units in ending inventory 400
Variable costs per unit:
Direct materials $21
Direct labor $38
Variable manufacturing overhead $6
Variable selling and administrative expense $4

Fixed costs:
Fixed manufacturing overhead $54,400
Fixed selling and administrative expense $3,000

What is the unit product cost for the month under variable costing?

Answers

Answer:

$65 per unit

Explanation:

Calculation for the unit product cost for the month under variable costing for Aaron Corporation.

Variable costs per unit:

Direct materials $21

Direct labor $38

Variable manufacturing overhead $6

Variable costing unit product cost $ 65

Therefore the unit product cost for the month under variable costing will be $65 per unit.

A negative supply​ shock, such as the OPEC oil price increases of the early​ 1970s, can be illustrated by a shift to the​ ______________ of the​ short-run aggregate supply curve and a shift​ _________________ of the​ short-run Phillips curve.

Answers

Answer: Leftward; upwards.

Explanation: A Supply shock is a term used to describe the sudden and unexpected change in the supply of a given product or commodity usually indicated by the leftward shift if the shock is negative in the aggregate supply curve and an upward change in direction in the Phillips curve both on the short run. Both curves are used to demonstrate graphically the impacts of shifts in supply for a given product or commodity.

Neelon Corporation has two divisions: Southern Division and Northern Division. The following data are for the most recent operating period: Total Company Southern Division Northern Division Sales $ 418,000 $ 193,000 $ 225,000 Variable expenses $ 130,880 $ 79,130 $ 51,750 Traceable fixed expenses $ 186,000 $ 77,000 $ 109,000 Common fixed expense $ 79,420 $ 36,670 $ 42,750 The common fixed expenses have been allocated to the divisions on the basis of sales. What is the company's overall net operating income if it operates at the break-even points for its two divisions?

Answers

Answer:

Neelon Corporation

                                              Total Company   Southern   Northern

                                                                          Division      Division

Sales                                          $ 418,000    $ 193,000    $ 225,000

Variable expenses                    $ 130,880      $ 79,130        $ 51,750

Traceable fixed expenses       $ 186,000      $ 77,000     $ 109,000

Common fixed expense           $ 79,420      $ 36,670       $ 42,750

Net operating income               $ 21,700            $200         $21,500

Explanation:

a) Data and Calculations:

                                             Total Company   Southern   Northern

                                                                          Division      Division

Sales                                          $ 418,000    $ 193,000    $ 225,000

Variable expenses                    $ 130,880      $ 79,130        $ 51,750

Traceable fixed expenses       $ 186,000      $ 77,000     $ 109,000

Common fixed expense           $ 79,420       $ 36,670      $ 42,750

Net operating income               $ 21,700             $200       $21,500

Neelon Corporation reaches break-even point when it will make no profit or loss.  This implies that its break-even point is reached when sales revenue equals both variable and fixed costs.  The excess that Neelon Corporation generates from sales revenue over total costs is regarded as operating income.

Q3) Creative Sports Design (CSD) manufactures a standard-size racket and an oversize racket. The firm’s rackets are extremely light due to the use of a magnesium-graphite alloy that was invented by the firm’s founder. Each standard-size racket uses 0.125 kilograms of the alloy and each oversize racket uses 0.4 kilograms; over the next two-week production period only 80 kilograms of the alloy are available. Each standard-size racket uses 10 minutes of manufacturing time and each oversize racket uses 12 minutes. The profit contributions are $10 for each standard-size racket and $15 for each oversize racket, and 40 hours of manufacturing time are available each week. Management specified that at least 20% of the total production must be the standard-size racket. How many rackets of each type should CSD manufacture over the next two weeks to maximize the total profit contribution? Assume that because of the unique nature of their products, CSD can sell as many rackets as they can produce.

Answers

Answer:

165 oversize rackets = 32 machine hours (79.71% of total production)

42 standard size rackets = 7 machine hours (20.29% of total production)

total profit contribution = (165 x $15) + (42 x $10) = $2,895

Explanation:

                                         materials          machine hours      profit

standard size                    0.125 kg              1/6                        $10

oversize                             0.4 kg                 1/5                        $15

constraints 80 kilograms of materials

40 hours of manufacturing

profit per machine hour:

standard size  $10 x 6 = $60 x 40 hours = $2,400 (total possible production = 240 rackets)

oversize  $15 x 5 = $75 x 40 hours = $3,000 (total possible production = 200 rackets)

profit per kilogram of alloy:

standard size  $10 / 0.125 = $80 x 80 kgs = $6,400 (total possible production = 480 rackets)

oversize  $15 / .4  = $37.50 x 80 hours = $3,000 (total possible production = 200 rackets)

since the most important constraint is the manufacturing hours available, the company should try to produce the products that yield the highest contribution margin per machine hour. In this case, at least 20% of total production must be standard size rackets, so the remaining 80% should be oversize rackets that yield a higher profit.

165 oversize rackets = 32 machine hours (79.71% of total production)

42 standard size rackets = 7 machine hours (20.29% of total production)

total manufacturing time = 40 hours

if we produce 166 oversize rackets and 41 standard size rackets, total manufacturing time will exceed 40 hours (40.03 hours exactly).

On December 18, 2017, Stephanie Corporation acquired 100 percent of a Swiss company for 4.0 million Swiss francs (CHF), which is indicative of book and fair value. At the acquisition date, the exchange rate was $1.00 = CHF 1. On December 18, 2017, the book and fair values of the subsidiary’s assets and liabilities were:

Cash CHF 814,000
Inventory 1,314,000
Property, plant & equipment 4,014,000
Notes payable 2,128,000

Stephanie prepares consolidated financial statements on December 31, 2017. By that date, the Swiss franc has appreciated to $1.10 = CHF 1. Because of the year-end holidays, no transactions took place prior to consolidation.

Required:
a. Determine the translation adjustment to be reported on Stephanie’s December 31, 2017, consolidated balance sheet, assuming that the Swiss franc is the Swiss subsidiary’s functional currency. What is the economic relevance of this translation adjustment?

b. Determine the remeasurement gain or loss to be reported in Stephanie’s 2017 consolidated net income, assuming that the U.S. dollar is the functional currency. What is the economic relevance of this remeasurement gain or loss?

Answers

Answer:

a. Translation adjustment = $401,400

b. Remeasurement loss = –$131,400

Explanation:

a. Determine the translation adjustment to be reported on Stephanie’s December 31, 2017, consolidated balance sheet, assuming that the Swiss franc is the Swiss subsidiary’s functional currency. What is the economic relevance of this translation adjustment?

This can determined as follows:

Step 1: Calculation of beginning net asset in

Particular                                         Amount (CHF)    

Cash CHF                                             814,000

Inventory                                             1,314,000

Property, plant & equipment            4,014,000

Notes payable                                (2,128,000)  

Beginning net asset                        4,014,000  

Beginning net asset in USD = Beginning net asset in Swiss francs (CHF) * Beginning exchange rate = CHF4.014,000 * $1 = $4,014,000

Step 2: Calculation of ending net asset

Ending net asset in USD = Beginning net asset  in Swiss francs (CHF) * Ending exchange rate = CHF4.014,000 * $1.10 = $4,415,400

Step 3: Calculation translation adjustment

Translation adjustment = Ending net asset in USD - Beginning net asset in USD = $4,415,400 - $4,014,000 = $401,400

Economic relevance of this translation adjustment

The positive translation adjustment implies that the equity of stockholders has increased by $401,000.

We obtained a positive value because the net position of the subsidiary in Switzerland is CHF4,014,000 and there was a Swiss franc appreciation of $0.10 (i.e. $1.10 - $1.00 = $0.10).

The translation adjustment of $401,000 does not however implies that it was made as a dollar cash flow. The only condition that can make to turn to a profit is if this operation is sold at CHF4,014,000 on December 31 and the amount realized as a proceed is changed to dollars at ruling exchange rate of $1.10 to a Swiss franc on December 31, 2017.

b. Determine the remeasurement gain or loss to be reported in Stephanie’s 2017 consolidated net income, assuming that the U.S. dollar is the functional currency. What is the economic relevance of this remeasurement gain or loss?

This can be determined as follows:

Beginning net liabilities in Swiss franc = Cash - Note payable = CHF814,000 - CHF2,128,000 = –CHF1,314,000

Beginning net liabilities in USD = Beginning net liabilities in Swiss franc * Beginning exchange rate = –CHF1,314,000  * $1.00 = –$1,314,000

Ending net liabilities in USD = Beginning net liabilities in Swiss franc * Ending exchange rate = –CHF1,314,000  * $1.10 = –$1,445,400

Remeasurement loss = Ending net liabilities in USD – Beginning net liabilities in USD = [–$1,445,400] – [–$1,314,000] = –$131,400

Economic relevance of this remeasurement gain or loss

There is a negative remeasurement or remeasurement lost because the net monetary liability position of the Swiss subsidiary is CHF 1,314,000. The appreciation of the Swiss franc by $0.10 results in a loss of $131,400] that not is unrealized.

The readjustment loss of $131,400 does not however implies that it was a dollar cash outflow. The only condition that can make it to turn to a loss is if this operation is sold on December 31. This will lead to the realization of a transaction gain of $81,400 [i.e. CHF814,000 x ($1.10 - $1.00)].

Also, the Swiss franc note payable will be paid off by using the US dollar. This will bring about the realization of a truncation loss of $212,800 [i.e. CHF2,128,000 x ($1.10 - $1.00)].

Caribou Gold Mining Corporation is expected to pay a dividend of $6 in the upcoming year. Dividends are expected to decline at the rate of 3% per year. The risk-free rate of return is 5%, and the expected return on the market portfolio is 13%. The stock of Caribou Gold Mining Corporation has a beta of .5. Using the constant-growth DDM, the value of the stock is _________. A. $150 B. $50 C. $100 D. $200

Answers

The question is incomplete. Here is the complete question.

Caribou Gold Mining Corporation is expected to pay a dividend of $6 in the upcoming year. Dividends are expected to decline at the rate of 3% per year. The risk-free rate of return is 5%, and the expected return on the market portfolio is 13%. The stock of Caribou Gold Mining Corporation has a beta of .5. Using the constant-growth DDM, the intrinsic value of the stock is _________. A. $150 B. $50 C. $100 D. $200

Answer:

$50

Explanation:

Caribou Gold mining corporation is expected to make a dividend payment of $6 next year

Dividend are expected to decline at a rate of 3%

= 3/100

= 0.03

The risk free rate of return is 5%

= 5/100

= 0.05

The expected return on the market portfolio is 13%

= 13/100

= 0.13

The beta is 0.5

The first step is to calculate the expected rate of return

= 0.05+0.5(0.13-0.05)

= 0.05+0.5(0.08)

= 0.05+0.04

= 0.09

Therefore, the intrinsic value of the stock using the constant growth DDM model can be calculated as follows

Vo= 6/(0.09+0.03)

Vo= 6/0.12

Vo= $50

Hence the intrinsic value of the stock is $50

The credit terms 2/10, n/30 are interpreted as: Multiple Choice 2% cash discount if the amount is paid within 10 days, or the balance due in 30 days. 30% discount if paid within 2 days. 2% discount if paid within 30 days. 30% discount if paid within 10 days. 10% cash discount if the amount is paid within 2 days, or the balance due in 30 days.

Answers

Answer:

The credit terms 2/10, n/30 are interpreted as:

2% cash discount if the amount is paid within 10 days, or the balance due in 30 days.

Explanation:

I will explain using an example:

On January 2, the company sells $1,000 worth of goods with credit terms 2/10, n/30.

January 2

Dr Accounts receivable 1,000

    Cr Sales revenue

If the client pays within the discount period:

January 11

Dr Cash 980

Dr Sales discounts 20

    Cr Accounts receivable 1,000

If the client pays after the discount period but before 30 days:

January 31

Dr Cash 1,000

    Cr Accounts receivable 1,000

The credit terms 2/10, and n/30 are interpreted as a 2% cash discount if the amount is paid within 10 days, or the balance is due in 30 days. Thus, option A is the correct option.

Trade credits like 2/10 net 30 are frequently provided by suppliers to purchasers. It stands for an agreement that if payment is made within 10 days, the buyer would get a 2% reduction on the net invoice amount. Otherwise, you have 30 days to pay the entire invoice amount.

It's a common way to express an early payment discount. In accounting, the discount amount and the window of availability are typically represented using a formula like 2/10, n/30. This implies that if the invoice is paid in full within ten days, a 2% reduction is applied; otherwise, the full amount is owed.

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A customer who has routinely traded securities through your firm has placed an order to buy a security that is only listed on the Malaysian Stock Exchange. To effect the transaction, your firm must use a correspondent broker-dealer located in Malaysia that charges large special handling fees to cover Malaysian securities transfer taxes. Which statement is TRUE

Answers

Answer:

the broker-dealer must notify the customer of the additional charges prior to executing the transaction

Explanation:

In such a scenario, the statement that would be completely true is that the broker-dealer must notify the customer of the additional charges prior to executing the transaction. Since the broker is acting on behalf of the customer, then the customer needs to be notified beforehand in order for him/her to be able to analyze and decide whether or not they still want to go ahead with the transaction.

Mr. and Mrs. Haley are purchasing beachfront property in an upscale development. The home comes equipped with all furnishings. The Haleys want to get a mortgage that will cover the purchase price plus all the furnishings. What kind of mortgage are they looking for?

Answers

Answer: package mortgage

Explanation:

From the question, we are informed that Mr and Mrs. Haley are purchasing beachfront property in an upscale development and that the home comes equipped with all furnishings.

We are further told that the Haleys want to get a mortgage that will cover the purchase price plus all the furnishings. This shows that they are looking for package mortgage.

A package mortgage is a form of mortgage whereby the personal property and the furniture will have to be included when buying the house.

Company XYZ, has the following capital structure:Debt $50MCommon $30MPreferred of $20MPrice of 5-year, par value 6% annual coupon Bonds that sell today for $1,050.Preferred dividend in year 1 of $5 and a preferred stock price of $90.Common stock has a required return of 12%Tax rate is 40%Solve for the Company WACC?

Answers

Answer:

The Company WACC is 6.1%

Explanation:

WACC is the averge cost of capital that a company bears based on the weights of each financing option available to the company.

First we need to calculate the Market values

Debt = $50 M x $1,050 / $1,000 = $52.5 M

Common Equity = $30 M

Preferred equity = $20 M x $90 / $100 = $18 M

Total Capital = $52.5 M + $30 M + $18 M = $100.5

Now we need to calculte the Cost of each financing option

Cost of Debt

Price of Bond = C x ( 1 - ( 1 + YTM )^-n / r + Face value / ( 1 + YTM )^n

$1,050 = $60 x ( 1 - ( 1 + YTM )^-5 / YTM + $1,000 / ( 1 + YTM )^5

YTM = 4.85%

Cost of Common Equity = 12%

Cost of Preseferred Stock = $5 / $90 = 0.05556 = 5.56%

Now use following fomula to calculte the WACC

WACC = ( Common Equity weight x Cost of Common equity ) + ( Weight of Debt x Cost of Debt x ( 1 - Tax rate ) + ( Weight of Preferred Shares x Cost of Preferred Shares )

Now Place all the valus in the formula

WACC = ( $30 / $100.5 x 12% ) + ( $52.5 / $100.5 x ( 1 - 40% ) x 4.85% ) + ( $18 / $100.5 x 5.56% )

WACC = 3.58% + 1.52% + 1.00% = 6.1%

________ are a means for consumers to share text, images, audio and video information with each other and with companies, and vice versa. Group of answer choices Social media Microsites Interstitials Pay-per-click ads Mobile ads

Answers

Answer:

Social Media.

Explanation:

Social media are increasingly being used by people and companies around the world. Through it it is possible to share information, photos, videos, social interactions, etc.

For companies, these platforms are more than just an interaction tool, they can act as a marketing channel that will strengthen the relationship with the consumer, in addition to attracting new customers, strengthening the brand image, engaging consumers, creating shopping desires, providing data on consumer trends, etc.

Social Media are a means for consumers to share text, images, audio and video information with each other.

The following information should be considered:

Social media are increasingly being used by people and companies around the world. Through it is possible to share information, photos, videos, social interactions, etc.

Learn more: brainly.com/question/17429689

What is another name for progress monitoring? a. Curriculum-based measurement c. Curriculum-based learning b. Assessment d. None of these

Answers

Answer:

Curriculum based measurement

Answer:

a.  Curriculum-based measurement

It's correct

If a company would still have a cash flow item even if they rejected potential new Project A, should this particular cash flow item be included in Project A's cash flow analysis?

Answers

Answer: No

Explanation:

When computing a project analysis for a project, only relevant cash flow should be included in the Project's cash flow analysis. Relevant cash-flow are those that will only occur if the project was embarked on.

If the cash flow in question is still going to occur even if the project wasn't initiated as is the case with Project A, it is not a relevant cash-flow and should not be included in the cash-flow analysis.

Fremont Enterprises has an expected return of and Laurelhurst News has an expected return of . If you put of your portfolio in Laurelhurst and in​ Fremont, what is the expected return of your​ portfolio?

Answers

The question is incomplete as it is missing the figures. The complete question is,

Fremont Enterprises has an expected return of 15% and Laurelhurst News has an expected return of 20%.  If you put 70% of your portfolio in Laurelhurst and 30% in Fremont, what is the expected return of your portfolio?

Answer:

Portfolio return = 0.185 or 18.5%

Explanation:

The expected return of a portfolio is a function of the weighted average of the individual stocks returns' that form up the portfolio. The expected return of a portfolio can be calculated using the following formula,

Portfolio return = wA * rA  +  wB * rB  +  ...  +  wN * rN

Where,

w represents weight of each stock in the portfolior represents the return of each stock in the portfolio

Portfolio return = 0.3 * 0.15  +  0.7 * 0.2

Portfolio return = 0.185 or 18.5%

ROI, Residual Income, and EVA with Different Bases Envision Company has a target return on capital of 12 percent. The following financial information is available for October ($ thousands):

Software Division . Consulting Division Venture Capital Division

(Value Base) (Value Base) (Value Base)

Book Current Book Current Book Current

Sales $100,000 $100,000 $200,000 $200,000 $800,000 $800,000

Income 12,250 11,700 16,400 20,020 56,730 51,920

Assets 70,000 90,000 100,000 110,000 610,000 590,000

Liabilities 10,000 10,000 14,000 14,000 40,000 40,000

Required

a. Compute the return on investment using both book and current values for each division. Round answers to three decimal places.

Book Value Current Value

Software Answer ? Answer ?

Consulting Answer ? Answer ?

Venture Capital Answer ? Answer ?

b. Compute the residual income for both book and current values for each division. Use negative signs with answers, when appropriate.

Book Value Current Value

Software $Answer 3,850 $Answer 900

Consulting Answer 4,400 . Answer 6,820

Venture Capital Answer (16,470) Answer (1,880)

c. Compute the economic value added income for both book and current values for each division if the tax rate is 30 percent and the weighted average cost of capital is 10 percent. Use negative signs with answers, when appropriate. Book Value Current Value

Software $Answer ? $Answer ?

Consulting Answer ? Answer ?

Venture Capital Answer ? Answer ?

Answers

Answer:

a. ROI = income / Assets      

                                      Book Value       Current Value    

Software Division              0.175              0.13    

Consulting Division           0.164              0.182    

Venture Capital Division   0.093            0.088

Workings:

i. Book value

Software Division = 12,250/70,000=0.175

Consulting Division = 16,400/100,000=0.164  

Venture Capital Division = 56,730/610,000 =0.093

ii. Current value

Software Division = 11,700/90,000=0.13

Consulting Division = 20,020/110,000=0.182

Venture Capital Division= 51,920/ 590,000=0.088

b. Residual income = Income - {Asset x Return on capital 12% }

                                      Book Value       Current Value    

Software Division              3850              900    

Consulting Division           4400              6820    

Venture Capital Division   -16470           -18880

Workings:

i. Book value

Software Division = 12,250-(70,000*12%)=3850

Consulting Division = 16,400-(100,000*12%)=4400  

Venture Capital Division = 56,730-(610,000*12%) =-16470

ii. Current value

Software Division = 11,700-(90,000*12%)=900

Consulting Division = 20,020-(110,000*12%)=6820

Venture Capital Division= 51,920-(590,000*12%)=-18880

c. Economic Value Added ( EVA ) = Net Income After Tax - ( Amount of Capital x Weighted Average Cost of Capital [WACC] )

C.                     Software Division  

                            (Value Base)  

                                    Book            Current

Sales                           100,000          100,000

Income                          12,250           11,700

Assets                           70,000          90,000

Liabilities                      10,000           10,000

Capital invested           60,000          80,000

(Asset - Liabilities)

Tax on Income(30%)     3675            3510

Income after Tax            8,575           8,190

(Income - Tax on

income) (A)

Capital invested             6,000           8,000

* WACC - 10% ) (B)

EVA (C)=(A)-(B)                2,575            190

                       Consulting Division

                            (Value Base)

                                     Book            Current

Sales                         200,000        200,000

Income                        16,400           20,020

Assets                         100,000        110,000

Liabilities                      14,000         14,000

Capital invested           86,000       96,000

(Asset - Liabilities)

Tax on Income(30%)     4920            6006

Income after Tax           11,480           14,014

(Income - Tax on

income) (A)

Capital invested           8,600            9,600

* WACC - 10% ) (B)

EVA (C)=(A)-(B)              2,880            4,414

                     Venture Capital Division

                           (Value Base)

                                   Book            Current

Sales                        800,000       800,000

Income                      56,730          51,920

Assets                       610,000        590,000

Liabilities                    40,000         40,000

Capital invested        570,000        550,000

(Asset - Liabilities)

Tax on Income(30%)    17019          15576

Income after Tax          39,711         36,344

(Income - Tax on

income) (A)

Capital invested           57,000       55,000

* WACC - 10% ) (B)

EVA (C)=(A)-(B)              -17,289       -18,656

Fertile Acres Inc., Growers Farm Co-op, and Harvest Orchards agree to exchange information, conduct an advertising campaign, and set certain regulatory standards to govern their operations. This association is

Answers

Answer: a.  subject to analysis under the rule of reason.

Explanation:

The Rule of Reason is used to interpret whether he Sherman Act which is an anti-trust law has been breached. This Rule was established so as not to unfairly close down all monopolies and Monopolies are not illegal, price fixing is.

If companies therefore come together as Fertile Acres Inc., Growers Farm Co-op, and Harvest Orchards have done, the Government under the Rule of Reason will check to see if the actions of these firms was done in order for them to go against free trade practices. If it was not then the agreement might be allowed to stand.

SkyChefs, Inc., prepares in-flight meals for a number of major airlines. One of the company’s products is grilled salmon with new potatoes and mixed vegetables. During the most recent week, the company prepared 4,800 of these meals using 2,350 direct labor-hours. The company paid its direct labor workers a total of $23,500 for this work, or $10.00 per hour. According to the standard cost card for this meal, it should require 0.50 direct labor-hours at a cost of $9.40 per hour. Required: 1. What is the standard labor-hours allowed (SH) to prepare 4,800 meals? 2. What is the standard labor cost allowed (SH × SR) to prepare 4,800 meals? 3. What is the labor spending variance? 4. What is the labor rate variance and the labor efficiency variance?

Answers

Answer:Please find answers in the explanation column

Explanation:

a)standard labor-hours allowed (SH) to prepare 4,800 meals

standard labor-hours =Actual output X standard direct labor hours

      4,800 X  0.50 = 2,400hours

B) standard labor cost allowed

direct labor-hours per houR =  $9.40

standard labor-hours = 2,400

standard labor cost =direct labor-hours per houR xstandard labor hours

= $9.40 x 2,400=  $22,560

c) labor spending variance= Actual cost incurred - Standard Labor cost

                                         = 23,500 - 22,560= 940 -- Which is unfavorable because the actual is cost is greater than the standard labor cost

D)the labor rate variance and the labor efficiency variance?

labor rate variance= (Actual rate - standard rate ) X Actual hours

                                     ($10.00 -$9.40) X 2,350= $1,410

Labor efficiency variance=(Actual hrs - standard hrs allowed) x standard rate

      2,350- 2,400) X  $9.40= $470   --- Favourable as the actual hours used is less than the standard hours .

The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.93; actual, $2.03 Standard yards per unit: standard, 4.68 yards; actual, 4.96 yards Units of production: 9,400 Calculate the direct materials price variance. a.$4,399.20 favorable b.$940.00 unfavorable c.$4,662.40 favorable d.$4,662.40 unfavorable

Answers

Answer:

d.$4,662.40 unfavorable

Explanation:

Calculation for direct materials price variance

The first step is to find the Actual quantity variance using the formula

Actual quantity variance =Actual units produced* Actual yard used

Let plug in the formula

Actual quantity variance=9,400*4.96 yards

Actual quantity variance=$46,624

Second step is to calculate for the Direct material price variance using this formula

Direct material price variance= ( Standard price -Actual price)* Actual quantity used

Let plug in the formula

Direct material price variance=($1.93-$2.03)*$46,624

Direct material price variance=(-0.1*46,624)

Direct material price variance=-$4,662.40 Unfavorable

Therefore the Direct material price variance will be $4,662.40 Unfavorable

All About Animals has two product​ lines: Cat food and Dog food. Contribution margin income statement data for the most recent year​ follow:
Total Cat Food Dog Food
Sales revenue $435,000 $350,000 $85,000
Variable expenses $61,000 $21,000 $40,000
Contribution margin $374,000 $329,000 $45,000
Fixed expenses $101.000 $49,000 $52,000
Operating income (loss) $273,000 $280,000 $(7,000)
Assuming the Dog food is discontinued, total fixed costs remain unchanged, and the space formerly used to produce the line is rented for $26,000 per year, how will operating income be affected?
A. Increase $254,000
B. Decrease $19,000
C. Increase $527,000
D. Increase $19,000

Answers

Answer:

B. Decrease $19,000

Explanation:

The computation of the amount affect the operating income is shown below

But before that first we need to find the new operating income

Total operating income for Cat Food  $280,000

Less: Fixed costs for Dog Food           ($52000)

Add: rented per year                             $26000

New net operating income                  $254000

Now decrease in net operating income is

= operating income - new operating income

= $273,000 - $254,000

= $19,000

Desktop Computer Company would like to calculate their cash conversion cycle. What factors are included in computing this metric?

Answers

Answer:

The answer is:

1. Days inventory outstanding i.e the number of days it takes to sell its inventories

2. Days sales outstanding i.e the number of days it takes to collect it receivables

3. Days payables outstanding i.e the number of days it takes to pay its payables.

Explanation:

Cash conversion cycle is the time(number of days) it takes a business to convert its money tied in inventory to cash through sales from customers.

In computing cash conversion cycle, the following are included:

1. Days inventory outstanding i.e the number of days it takes to sell its inventories

2. Days sales outstanding i.e the number of days it takes to collect it receivables

3. Days payables outstanding i.e the number of days it takes to pay its payables.

The formula for cash conversion cycle is Days inventory outstanding + Days sales outstanding - Days payables outstanding

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