Answer: b. an infrastructure challenge
Explanation:
Developing countries are not as infrautructurally advanced as developed countries. They do not always have good roads, airports in many areas or adequate railway networks.
When goods are being shipped therefore, these pose a problem to the company doing the shipping as they would have to surmount these challenges in order to get their products from point A to be. For instance, as a result of bad roads, more money would have to be spent maintaining trucks that get damaged.
You want to invest $18,000 and are looking for safe investment options. Your bank is offering you a certificate of deposit that pays a nominal rate of 6% that is compounded semiannually. What is the effective rate of return that you will earn from this investment
Answer:
The correct solution is "6.09%".
Explanation:
Given:
Nominal rate,
= 6%
or,
= 0.06
As we know,
⇒ [tex]EAR = [(1+\frac{APR}{m} )^m]-1[/tex]
By substituting the values, we get
[tex]=[(1+\frac{0.06}{2} )^2]-1[/tex]
[tex]=[(1+0.03 )^2]-1[/tex]
[tex]=1.0609-1[/tex]
[tex]=6.09[/tex] (%)
The process of acquiring political beliefs is called political socialization.
true or false
MC Qu. 71 Benjamin Company had the following results... Benjamin Company had the following results of operations for the past year: Sales (16,000 units at $9.95) $159,200 Direct materials and direct labor$95,200 Overhead (20% variable) 15,200 Selling and administrative expenses (all fixed) 31,900 (142,300) Operating income $16,900 A foreign company (whose sales will not affect Benjamin's market) offers to buy 3,900 units at $7.39 per unit. In addition to variable manufacturing costs, selling these units would increase fixed overhead by $590 and selling and administrative costs by $290. Assuming Benjamin has excess capacity and accepts the offer, its profits will:
Answer:
Benjamin Company
Assuming Benjamin has excess capacity and accepts the offer, its profits will increase by:
= $3,995.
Explanation:
a) Data and Calculations:
Sales (16,000 units at $9.95) $159,200
Direct materials and direct labor $95,200
Overhead (20% variable) 15,200
Selling and administrative expenses (all fixed) 31,900
Total expenses (142,300)
Operating income $16,900
Relevant costs:
Direct materials and direct labor $95,200
Variable Overhead (20% variable) 3,040 ($15,200 * 20%)
Total expenses (98,240)
Variable cost per unit = $6.14 ($98,240/16,000)
Additional costs:
Fixed overhead 590
Selling and administrative expenses (all fixed) 290
Accepting the offer:
Revenue from offer = $28,821 (3,900 * $7.39)
Costs:
Variable cost $23,946 (3,900 * $6.14)
Additional cost:
Fixed overhead 590
Selling and
administrative expenses 290
Total costs on the offer $24,826
Increase in profits = $3,995
From the list below, select the items that are classified as a materials activity. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
Raw materials used
Raw materials beginning inventory
Raw materials purchases
Work in process beginning inventory
Goods manufactured
Direct labor used
Factor overhead used
Answer and Explanation:
The classification is as follows:
Under Materials activity
Opening balance of Raw materials inventory
Purchase of the Raw materials purchases
Under Production activity:
OPening balance of Work-in process inventory
Raw material used
Direct labor used
Factory overhead used
Under Sales activity:
Goods manufactured
In this way it should be categorized
Hence, the same should be relevant
Edgar accumulated $5,000 in loan debt. If the interest rate is 20% per year and he does not make any payments for 2 years, how much will he owe on this debt in 2 years for quarterly compounding? Round your answer to the nearest cent Do NOT round until you calculate the final answer.
Answer:
Edgar
The amount he will owe on this debt in 2 years for quarterly compounding is:
= $7,387.28
Explanation:
Accumulated loan debt = $5,000
Interest rate per year = 20%
Period of loan = 2 years
Interest compounding = quarterly
From an online financial calculator:
N (# of periods) 8
I/Y (Interest per year) 20
PV (Present Value) 5000
PMT (Periodic Payment) 0
Results
FV = $7,387.28
Total Interest $2,387.28
Standard Quantities Allowed of Labor and Materials Miel Company produces ready-to-cook oatmeal. Each carton of oatmeal requires 18 ounces of rolled oats per carton (the unit quantity standard) and 0.05 labor hour (the unit labor standard). During the year, 750,000 cartons of oatmeal were produced. Required: 1. Calculate the total amount of oats allowed for the actual output. fill in the blank 1 ounces 2. Calculate the total amount of labor hours allowed for the actual output. fill in the blank 2 hours
Answer:
13,500,000 ounces of oatmeal37,500 labor hoursExplanation:
1. Total amount of oats allowed for the actual output:
= Cartons of oatmeal produced * Oatmeal per carton
= 750,000 * 18
= 13,500,000 ounces of oatmeal
2. Labor hours allowed for actual output:
= Cartons of oatmeal produced * Labor hours required
= 750,000 * 0.05
= 37,500 labor hours
What kind of business can you start without start up capital?
Answer:
Blog or Vlog
Explanation:
you can start a daily life Blog in social media.
Item2 1 points Time Remaining 59 minutes 39 seconds00:59:39 Item 2 Time Remaining 59 minutes 39 seconds00:59:39 Crimson Inc. recorded credit sales of $755,000, of which $500,000 is not yet due, $180,000 is past due for up to 180 days, and $75,000 is past due for more than 180 days. Under the aging of receivables method, Crimson Inc. expects it will not collect 5% of the amount not yet due, 19% of the amount past due for up to 180 days, and 28% of the amount past due for more than 180 days. The allowance account had a debit balance of $2,800 before adjustment. After adjusting for bad debt expense, what is the ending balance of the allowance account
Answer:
$83,000
Explanation:
The computation of the ending balance of the allowance account is given below:
Given that
Accounts receivable not yet due be $500,000
So, the bad debt for the same should be
= 5% of $500,000
= $25,000
Accounts receivable due for upto 180 days be $180,000
So, the bad debts for the same should be
= 19% of $180,000
= $34,200
Accounts recievable due for more than 180 days be $75,000
So, the bad debts for the same should be
= 28% of $75,000
= $21,000
Now
Ending balance of Allowance aoount is
= $2,800 + $25,000 + $34,200 + $21,000
= $83,000
You are a fraud investigator just hired to begin an engagement. You create a tool that considers all the aspects of the fraud that are currently known to you. With this tool you also establish different fraud theories. This tool is also known as a ______________ Group of answer choices Pareto chart Surveillance log Perceptual map Vulnerability chart
Answer:
Vulnerability chart
Explanation:
Warren Co. recorded a right-of-use asset of $820,000 in a 10-year finance lease. The interest rate charged by the lessor was 10%. The balance in the right-of-use asset after two years will be:
Answer:
$656,000
Explanation:
Calculation to determine what The balance in the right-of-use asset after two years will be
Using this formula
Right-of-use asset after 2 years balance=Value of Asset- (Value of Asset*Used year)/Estimated Life
Let plug in the formula
Right-of-use asset after 2 years balance= $820,000 - ($820,000 / 10) * 2
Right-of-use asset after 2 years balance=$820,000-$164,000
Right-of-use asset after 2 years balance= $656,000
Therefore The balance in the right-of-use asset after two years will be:$656,000
If workers are more productive, the increase may not be reflected on the static budget variance if there were also:__________
A. Greater sales than planned
B. Less sales than planned
C. Greater production than planned
D. Less production than planned
E. None of the above Clear my choice
Answer:
abcde
Explanation:
abcde...................................................
Suppose ABCD's stock price is currently $50. In the next six months, it will either fall to $40 or rise 8 to $60. What is the current value of a six-month call option with an exercise price of $50? The six- month risk-free interest rate is 2% (periodic rate).
A. $5.39
B. $15.00
C. $8.25
D. $8.09
Moccasin Company manufactures cotton shirts. 18,000 shirts are produced during the first week of July. The unit quantity standard is 3 meters cloth per shirt and the actual quantity used was 0.50 meters per shirt. Determine the quantity of cloth that should be used for the actual output of 18,000 shirts.
Answer: 54,000 meters
Explanation:
When determining the quantity of cloth t be used in the making of the shirts, it is best to use the standard quantity because this is what the company thinks that it needs to be able to produce a shirt.
Quantity of cloth for 18,000 shirts:
= Number of shirts * standard quantity per shirt
= 18,000 * 3
= 54,000 meters
Describe the three levels of selectivity. Describe an example for each.
Hi, you've asked an unclear question. However, I assume you're referring to levels of college selectivity.
Three levels of selectivity (college selectivity) are:
Most selective
Extremely selective
Very selective
Most selective: Colleges with this level of selectivity are said to accept fewer than 15% of all applicants, examples include, Harvard University, Johns Hopkins University, Stanford University
, Massachusetts Institute of Technology.
Extremely selective: Colleges with this level of selectivity are said to accept fewer than 35% of all applicants. Institutions under this category include Boston University, New York University, Georgia Institute of Technology, etc.
Very selective: The Colleges under this category accept fewer than 50% of all applicants. Examples are George Washington University, Kenyon College, Lafayette College,
North Carolina State University, etc.
These are some of the selectivity levels, you could find more Information from other online resources.
A research study showed that adolescents who watched more than 4 hours of TV per day were more than five times as likely to start smoking as those who watched less than 2 hours a day. The researchers speculate that TV actors’ portrayals of smoking as personally and socially rewarding were an effective indirect method of tobacco promotion.
List the factors that you think cause adolescents to start smoking. (You may select more than one answer. Click the box with a check mark for the correct answer and double click to empty the box for the wrong answer.)
Curiosity
Parents who smoke
Friends who smoke
Seeing teenagers smoke in movies and TV
Boredom
Wanting to look cool
School health classes explaining the harmful effects of smoking\
High cigarette sales taxes
Answer:
peer pressure
Explanation:
when your friend is convincing u in doing some thing wrong
Curiosity, Friends who smoke, Seeing teenagers smoke in movies and TV and Wanting to look cool are some of the reason of adolescents to start smoking.
What are the cause of smoking?Cigarette smoking is linked to cancer, heart disease, stroke, lung disease, diabetes, and chronic obstructive pulmonary disease, which includes emphysema and chronic bronchiti.
Tobacco use raises the risk of tuberculosis, some eye illnesses, and immune system problems such as rheumatoid arthritis.
Thus, option A, C, D and F are correct.
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Which of the following is true of website content?
A. It should be refreshed periodically to keep customers coming back.
B. Once the content has been written and proofread it shouldn't be changed.
C. Grammatical errors are not a problem because the customer visits the site to purchase a product, not check the site's grammar.
D. It should be limited to text and shouldn't include multimedia.
Answer:
The Answer: A
Explanation:
Because if you are going to put up a business website you need to keep refreshing it and putting new things onto the website in order for you to have customers because if you dont have anything new in stock people arent gonna wanna keep coming back and using the same product they are going to go to a different website where there is a wider variety of things to purchase.
Hope this helps!
Suppose a farmer wants to borrow $176,590.00 to buy a tract of land. The BCS bank will make a 22-year loan fully amortized at 6.19% (annual payments). A $443.00 loan fee and stock purchase is required. The borrower stock requirement is the lesser of $1,000 or 3.00% of loan amount.
(i) Calculate the loan principal.
a. $181,521.05 b. $178,089.12
c. $182,508.25 d. $178,033.00
Enter Response Here:
(ii) Calculate the required stock purchase.
a. $5,340.99 b. $1,000.00
c. $5,274.64 d. $1,760.24
Enter Response Here:
(iii) Calculate the annual loan payments.
a. $15,032.59 b. $15,037.33
c. $15,410.47 d. $15,327.12
Answer:
A Farmer
i) Loan principal = $178,033 ($176,590 + $443 + $1,000)
ii) Required stock purchase = $1,000
iii) Annual loan payment (fully amortized at 6.19%) is:
= a. $15,032.59
Explanation:
a) Data and Calculations:
Required loan amount = $176,590.00
Period of loan = 22 years
Interest rate = 6.19%
Loan fee = $443.00
Stock purchase = lesser of $1,000 or 3.00% of loan amount
= lesser of $1,000 or $5,297.70 ($176,590 * 3%)
i) Loan principal = $178,033 ($176,590 + $443 + $1,000)
ii) Required stock purchase = $1,000
iii) Annual loan payment (fully amortized at 6.19%) = $15,030 approximately :
(# of periods) 22
I/Y (Interest per year) 6.19
PV (Present Value) 178033
FV (Future Value) 0
PMT = $15,030.02
Sum of all periodic payments $330,660.34
Total Interest $152,627.34
Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2016, were inventory, $51,900; total assets, $209,400; common stock, $81,000; and retained earnings, $54,682.)
CABOT CORPORATION Income Statement For Year Ended December 31, 2017 Sales Cost of goods sold Gross profit Operating expenses Interest expense Income before taxes Income taxes 450,600 297,250 153,350 99,200 4,300 49,850 20,082 $ 29,768 Net income CABOT CORPORATION Balance Sheet December 31, 2017 Liabilities and Equity Assets Cash Short-term investments Accounts receivable, net Notes receivable (trade)* Merchandise inventory Prepaid expenses Plant assets, net Total assets $ 18,000 Accounts payable 18,500 4,600 3,600 9,400 Accrued wages payable 30,600 Income taxes payable 5,500 38,150 Long-term note payable, secured by 65,400 mortgage on plant assets 2,600 Common stock 153,300 Retained earnings 81,000 84,450 $ 257,550 $ 257,550 Total liabilities and equity
* These are short-term notes receivable arising from customer (trade) sales.
Required:
Compute the following: (1) current ratio, (2) acid-test ratio, (3) days' sales uncollected, (4) inventory turnover, (5) days' sales in inventory, (6) debt-to-equity ratio, (7) times interest earned, (8) profit margin ratio, (9) total asset turnover, (10) return on total assets, and (11) return on common stockholders' equity. (Do not round intermediate calculations.)
Answer:
jjhujhhhvvvjbvcgyggcvjkj
Prepare the schedule of cost of goods manufactured for Barton Company using the following information.
Direct materials $232,500
Direct labor 65,500
Factory overhead costs 27,600
Work in process, beginning 158,200
Work in process, ending 163,000
Answer and Explanation:
The preparation of the schedule of cost of goods manufactured is presented below:
Direct material $232,500
Direct labor $65,500
Factory overhead $27,600
Total manufacturing Cost $325,600
Beginning work in process $158,200
Total cost of work in process $483,800
Ending work in process -$163,000
Cost of goods manufactured $320,800
In this way it should be prepared
In the Month of March, Chester received orders of 81 units at a price of $15.00 for their product Creak. Chester uses the accrual method of accounting and offers 30 day credit terms. Chester delivers 81 units in April. They received payment for 41 units in March, and 41 units in April. In the March income statement, how much revenue is recognized on the March income statement from this order
Answer:
Chester Corporation
Revenue for March Income Statement for this order = $0
Revenue for April Income Statement for this order = $1,215
Explanation:
a) Data and Calculations:
March: orders of 81 units at a price of $15 received = $1,215
Credit terms = 30 days
April, delivery of 81 units
March, payment for 41 units received
April, payment for 41 units received
In the March income statement, no revenue is recognized on the March Income Statement from this order because the delivery is for April. All revenue will be accounted for in April.
Consumer Price Index (CPI) is an
A. economic condition in which there is a decline in the price of
goods and services
B. economic measurement that helps determine changes in the
purchasing power of a dollar
c. economic condition in which money loses its purchasing power
and prices rise
D. amount of goods that can be purchased with a unit of currency
Answer:
B
Explanation:
The Consumer Price Index (CPI) measures monthly changes in prices for a range of consumer products
You have tickets to go to Jamaica over spring break. Just this week your best friend informs you that he (she) is getting married over spring break. Your friend would like you to stay back in the city and be the wedding attendant. The tickets to Jamaica are nonrefundable. Which of the following is a sunk cost relating to your decision of attending the wedding or going on the trip to Jamaica?
a. The cost of wedding gift.
b. The cost of the airline tickets to Jamaica.
c. The cost of the clothing you will have to buy/rent to be in the wedding.
d. The cost of the rent on your apartment for the month
Concord Corporation took a physical inventory on December 31 and determined that goods costing $225,000 were on hand. Not included in the physical count were $20,400 of goods purchased from Pelzer Corporation, FOB shipping point, and $22,000 of goods sold to Alvarez Company for $31,400, FOB destination. Both the Pelzer purchase and the Alvarez sale were in transit at year-end.
Required:
What amount should Stallman report as its December 31 inventory?
Answer:
$267,400
Explanation:
Calculation to determine What amount should Stallman report as its December 31 inventory?
Using this formula
December 31 inventory=Goods costing on hand+Goods purchased+FOB shipping point
Let plug in the formula
December 31 inventory=$225,000+$20,400+$22,000
December 31 inventory=$267,400
Therefore the amount that Stallman should report as its December 31 inventory is $267,400
On StatSim, how does a firm get their market share to increase?
Answer:
I need some points please
According to the interest parity condition, if the domestic interest rate is 12 percent and the foreign interest rate is 10 percent, then the expected _________ of the foreign currency must be _________ percent. Group of answer choices
Answer: Appreciation; 2%
Explanation:
From the information given in the question,
Domestic Interest rate = 12%
Foreign interest rate = 10%
Let's assume,
S = spot exchange rate
F = forward exchange rate,
Based on the per interest rate parity, the forward exchange rate will be:
F = S × (1 + 10%) / (1 + 12%) = 0.98x
F = S × (1+0.1)/(1+0.12) = 0.98x
Therefore, the forward exchange rate will be expected to fall by:
= 1 - 0.98
= 0.2
= 2%
You have been asked by the president of your company to evaluate the proposed acquisition of a new special-purpose truck for $250,000. The truck falls into the MACRS three-year class, and it will be sold after three years for $50,000. Use of the truck will require an increase in NWC (spare parts inventory) of $5,000. The truck will have no effect on revenues, but it is expected to save the firm $80,000 per year in before-tax operating costs, mainly labor. The firm's marginal tax rate is 21 percent. What will the operating cash flow for this project be during year 3
Answer:
Please find the complete solution in the attachment file.
Explanation:
Please find the attachment table for the 3 years of cash flow:
Năm trước, doanh thu đạt được 1 triệu $, trong đó 250.000 là doanh thu bán chịu; số dư khoản phải thu khách hàng trung bình là 41.096$. Năm nay, công ty kỳ vọng doanh thu sẽ tăng thêm 50%, tỷ lệ doanh thu bán chịu/doanh thu không đổi, kỳ thu tiền bình quân tăng 50% (giả sử một năm có 365 ngày). Nếu khoản phải thu tăng thêm được tài trợ từ bên ngoài (chẳng hạn như vay ngân hàng) thì công ty cần thêm nguồn tài trợ này là bao nhiêu?
punda mavana Umbi. posddajh jzushl Unni Sunni nayye mayiru
The next two questions use the following data from TGX Global, a heavy equipment manufacturer (this information will be repeated on the next question): TGX Global sells excavators, with an average sale price of $500,000 per excavator. TGX received new orders for 90 excavators in 2018. TGX produced & delivered 120 excavators in 2018: 50 excavators were ordered in 2017 and the rest (70 excavators) were ordered in 2018. TGX received payment for 110 excavators. TGX began selling 1-year maintenance services contracts for $50,000 per excavator in 2018, which begin after the excavator is delivered. Contracts were sold on 50% of all excavator orders made in 2018 (no contracts were sold on orders placed in 2017). Assume all excavators delivered in 2018 are delivered at year end, calculate TGX’s 2018 revenue based on the transactions described above.
TGX’s 2018 revenue depends upon the given transactions is $60 million.
The calculation of TGX’s 2018 revenue depends upon the given transactions is as follows:
TGX’s 2018 Revenue is
= TGX produced & delivered excavators in the year 2018 × Sale Price per excavator
= 120 Excavator × $500,000
= $60 Millions.
Working Notes:
1. The revenue for the year 2018 should be recorded at that time period where the products are sold.
2. The revenue for the maintenance service contract should be recorded in the year when the service is provided not in that year where the contract service should be sold as it is treated as the unearned revenue till the service is provided
Therefore we can conclude that TGX’s 2018 revenue depends upon the given transactions is $60 million
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MC Qu. 47 Chang Industries has... Chang Industries has 2,800 defective units of product that have already cost $14.80 each to produce. A salvage company will purchase the defective units as they are for $5.80 each. Chang's production manager reports that the defects can be corrected for $5.20 per unit, enabling them to be sold at their regular market price of $22.60. The incremental income or loss on reworking the units is:
Answer:
$32,480
Explanation:
Calculation to determine what The incremental income or loss on reworking the units is:
First step is calculate the Net benefit per unit to rework
Incremental revenue from reworking $16.80
($22.60 - $5.80)
Less Incremental cost to rework ($5.20)
Net benefit per unit to rework $11.60
Now let calculate the Incremental income from reworking
Incremental income from reworking= ($11.60 * 2,800 units)
Incremental income from reworking=$32,480
Therefore The incremental income or loss on reworking the units is:$32,480
Advantages of the corporate form include all of the following except: A. shares can be purchased in small amounts. B. ownership interests are transferrable. C. easy to raise capital. D. legal liability of its owners is unlimited.
Statement that does not describes Advantages of the corporate form is D: legal liability of its owners is unlimited.
A corporation serves as a business set up whereby the legal entity is been separated from from its owners.Advantages of this setting is that shares can be purchased in small amounts and it allows transfer of ownership interests and it is very easy to raise capital in this setting.Therefore, option D is correct.
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