Answer:
b. Unfavorable
Explanation:
If the Actual labour cost exceed the Budgeted labour cost we will have an unfavourable total labor flexible budget variance.
Boston Company sells thirty items for $800 per unit and has a cost of goods sold per unit of $480. The gross profit to be reported for selling 30 items is:_____________A) $320.B) $9,600.C) $14,400.D) $24,000.
Wayfarer Company has no debt, and a value of $70.000 million. Adventures Incorporated is otherwise identical but has $28.000 million of debt in its capital structure. Under the different models, what is the value of Adventures Incorporated if its corporate tax rate is 25%, the personal tax rate on equity is 10%, and the personal tax rate on debt is 26%?
Answer:
Following are the solution to this question:
Explanation:
Please find the complete question in the attachment.
In point 1:
The answer is =70.000
In point 2:
[tex]=70.000+28.000 \times 25\%\\\\=70.000+28.000 \times \frac{25}{100}\\\\=70.000+28.000 \times \frac{1}{4}\\\\=70.000+ 7 \\\\=77.000\\\\=77[/tex]
In point 3:
[tex]=70.000+(1-(1-25 \%) \times \frac{(1-10\%)}{(1-26\%)) \times 28.000}\\\\=70.000+(1-(1- \frac{25}{100}) \times \frac{(1- \frac{10}{100})}{(1-\frac{26}{100})) \times 28.000}\\\\=70.000+(1-1+ \frac{1}{4}) \times \frac{(\frac{ 10-1}{10})}{( \frac{100-26}{100})) \times 28.000}\\\\=70.000+(\frac{1}{4}) \times \frac{(\frac{9}{10})}{(\frac{74}{100})) \times 28.000}\\\\=70.000+(\frac{1}{4}) \times \frac{0.9}{20.72}\\\\=70.000+ \frac{0.9}{82.88}\\\\=70.000+0.01058\\\\=70.01058\\\\[/tex]
A company's managers have decided to issue bonds to raise financial capital. What is the first step in this process?
A. Selling the bonds to investors
B. Contacting a financial advisory firm
C. Filing documents with the SEC
D. Determining the firm's creditworthiness
E. Preparing documentation
Answer: Contacting a financial advisory firm
Explanation:
Since the company's managers have decided to issue bonds to raise financial capital, the first step in this process is for them to contact a financial advisory firm.
The financial advisory firm would help in giving advice and also consultation regarding the finance of the company and provide them with strategies that can help the company reduce costs and achieve their financial goals.
Besides knowing the amount of sales, what other
information is required to calculate a return on
sales (ROS)?
Answer:
selling price, variable cost, fix cost
Explanation:
Q2. Which of the following is not covered under Marine Insurance?
a Theft insurance
b. Marine insurance
c. Life insurance
d. Fire insurance
Answer:
Marine Insurance? lol kinda make no sense
According to the quantity-quality model of hospital behavior:________.
a. Hospitals will choose a quantity and quality combination that maximizes the hospitals profit
b. Hospitals will choose a quantity and quality combination that maximizes the utility of the administrator subject to the hospital residual
Answer:
a. Hospitals will choose a quantity and quality combination that maximizes the hospitals profit
Explanation:
As per the quantity and quality model fo the hostipal behavior is focused on the selection of the quantity and quantity combination that maximize the profit of the hospitals
Therefore as per the given situation, the a option is correct as for every type of organization the main motive is to maximize the profit
So the option a is right
And, the rest of the options are wrong
As the marginal propensity to consume (MPC) increases, the spending multiplier: Increases, decreases, stays the sameIf the marginal propensity to consume is 0.70, then, assuming there are no taxes or imports, the multiplier is: (Note: round to the nearest tenth)Given the multiplier that you calculated, what is the total impact on spending when there is a $1,000 increase in government spending?
Answer:
(a) As the marginal propensity to consume (MPC) increases, the spending multiplier Increases.
(b) Multiplier is 3.30.
(c) Total impact on spending is $3,300.
Explanation:
(a) As the marginal propensity to consume (MPC) increases, the spending multiplier: Increases, decreases, stays the same.
In economics, the higher the MPC, the higher the spending multiplier.
Therefore, as the marginal propensity to consume (MPC) increases, the spending multiplier Increases.
(b) If the marginal propensity to consume is 0.70, then, assuming there are no taxes or imports, the multiplier is: (Note: round to the nearest tenth).
This can be calculated as follows:
Multiplier = 1 / (1 - MPC) = 1 / (1 - 0.70) = 1 / 0.30 = 3.33333333333333
Rounding to the nearest tenth, we have:
Multiplier = 3.30
(c) Given the multiplier that you calculated, what is the total impact on spending when there is a $1,000 increase in government spending?
Total impact on spending = Increase in government spending * Multiplier = $1,000 * 3.30 = $3,300
The spending multiplier rises as the marginal propensity to consume (MPC) rises. 3.30 is the multiplier. The total financial impact is $3,300.
What is the total impact on spending?(a) The spending multiplier grows, declines, or remains constant when the marginal propensity to consume (MPC) increases.
The higher the MPC, the higher the spending multiplier in economics.
As a result, the spending multiplier rises as the marginal propensity to consume (MPC) rises.
(b) If the marginal propensity to consume is 0.70, the multiplier is: assuming no taxes or imports (Note: round to the nearest tenth).
Computation:
[tex]\text{Multiplier} = 1 / (1 - MPC) \\= 1 / (1 - 0.70) \\= 1 / 0.30 \\= 3.33333333333333[/tex]
If we round to the nearest tenth, we get: a 3.30 multiplier
(c) Given the multiplier you computed, what is the total impact on spending when government spending is increased by $1,000?
[tex]\text{Total impact on spending = Increase in government spending} \text{ x } \text{Multiplier}\\ = $1,000 \text { x } 3.30 = $3,300[/tex]
For more information about MPC, refer below
https://brainly.com/question/25821146
Coronado Industries reported total manufacturing costs of $450000, manufacturing overhead totaling $68000, and direct materials totaling $86000. How much is direct labor cost
Answer:
$296,000
Explanation:
Calculation for How much is direct labor cost
Using this formula
Direct labor cost=Total manufacturing costs-Manufacturing overhead totaling-Direct materials totaling
Let plug in the formula
Direct labor cost=$450,000 - $68,000 - $86,000
Direct labor cost=$296,000
Therefore the direct labor cost will be $296,000
Percy Corporation was formed on January 1. The corporate charter authorized 100,000 shares of $10 par value common stock. During the first month of operation, the corporation issued 280 shares to its attorneys in payment of a $4,800 charge for drawing up the articles of incorporation. The entry to record this transaction would include:__________.
a. A debit to Organization Expenses for $4,800.
b. A debit to Organization Expenses for $2,800.
c. A credit to Common Stock for $4,800.
d. A credit to Paid-in Capital in Excess of Par Value, Common Stock for $4,800.
e. A debit to Paid-in Capital in Excess of Par Value, Common Stock for $2,000.
Answer:
a. A debit to organization expenses for $4800
Explanation:
Based on the information given we were told
the corporation issued a 280 shares in payment of the amount of $4,800 which was a charge for drawing up the articles of incorporation . Therefore the journal entry to record this transaction would include A debit to organization expenses for the amount of $4,800 that was charge for drawing up the articles of incorporation.
The stock in Bowie Enterprises has a beta of .89. The expected return on the market is 11.90 percent and the risk-free rate is 2.93 percent. What is the required return on the company's stock?a. 10.91%b. 13.52%c. 10.31%d. 10.61%e. 12.22%
Answer:
a. 10.91%
Explanation:
The computation of the required return on the company stock is shown below:
As per CAPM, the required return is
= Risk free rate of return + Beta × (Market rate of return - risk free rate of return)
= 2.93% + 0.89 × (11.90% - 2.93%)
= 2.93% + 0.89 × 8.97
= 10.91%
Hence, the required return on the company's stock is 10.91%
Therefore the correct option is a.
Does anyone know how to slap babies correctly?
Answer:
no don't do that.
Explanation:
Answer:
Yes. You get in the car, buckle up, ad drive to the police station and turn yourself in for child abuse :)
Explanation:
A stock is currently selling for $79 per share. A call option with an exercise price of $83 sells for $3.95 and expires in three months. If the risk-free rate of interest is 2.8 percent per year, compounded continuously, what is the price of a put option with the same exercise price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Answer: $7.37
Explanation:
The price of a put option with the same exercise price would be calculated as:
C + Xe^-rt = P + S
It should be noted that in the formula above,
P = Put option price
C = price of call option
S = stock price
X = exercise price
r = interest rate
t = time
We then slot in the values which will be:
= 3.95 + 83e^-2.8% × 3/12 = P + 79
P = 3.95 + 83e^-2.8% × 3/12 - 79
P = 3.95 + 82.42 -79
= $7.37
In the Month of March, Digby Corporation received orders of 179 units at a price of $15.00 for their product Dart. Digby uses the accrual method of accounting and offers 30 day credit terms. Digby delivers 120 units in March and the balance of 60 units in April. They received payment for 60 units in March, 60 units in April, and 60 units in May. How much revenue is recognized on the March income statement from this order
Answer:
$1,800
Explanation:
Revenue is recognized when a firm has transferred the control of goods or services. In March, only the control of 120 units had been transferred, thus the revenue to be recognized on the March income statement from this order is ( 120 units × 120 units) that gives $1,800.
Compared with supermarkets, the product mix for vending machines is: __________.
a. the same
b. wider and deeper
c. wider and deeper
d. shallower and narrower
e. narrower and deeper
Answer:
d. shallower and narrower
Explanation:
Product width basically refers to how many different product lines are sold, and obviously a supermarket sells hundreds of product line, while a vending machine generally sells soft drinks or snacks, which is only 1 product line.
The product depth refers to the amount of products sold, and a supermarket is much larger than a vending machine so it can sell many more products.
The three main methods that can be used to achieve the efficient use of a common resource are:___________.
A. property rights, production quotas, and ITQs
B. taxes, production quotas, and ITQs
C. property rights, marketable permits, and vouchers
D. property rights, production quotas, and marketable permits
Answer:
Option A:property rights, production quotas, and ITQs
Explanation:
A Common Resources is known simply as a resource for which rights are held in common by a group of individuals who has no exclusive ownership right. With common resources, property rights are not well-defined and are non-exclusive. In a common resource, an individual has the right to use the resource, but not to change its form or transfer it to other individuals. The policies that helps to improve efficiency include: production quotas, individual transferable quotas and property right.
Production quotas is simply an upper limit to the quantity of a good that may be produced legally.
An individual transferable quota is a production limit that is given to an individual who is free to transfer the quota to another person.
By the assignment of property rights, common property becomes private property.
A drawback of countertrade is that it fails to enable firms to finance an export deal. it is detrimental to the economy of the importing country. developing nations have trouble raising the foreign exchange necessary to pay for imports. it does not allow firms to invest in an in-house trading department dedicated to arranging and managing deals. it may involve the exchange of poor-quality goods that cannot be disposed of profitably.
Answer: it may involve the exchange of poor-quality goods that cannot be disposed of profitably.
Explanation:
Countertrade is a form of trade that typically occurs in international trade when rather than exchanging goods or services for foreign exchange, the goods are being exchanged for another good. It is just like a bartee system.
It should be noted that a disadvantage of this is that it may involve the exchange of poor-quality goods that cannot be disposed of profitably. This is because when a particular country has a low quality good, the counter can use the opportunity to exchange the low quality goods with another country during the counter trade.
A firm produces 4,000 units of output using 500 workers. Marginal cost is $10, the wage rate is $160, and total fixed cost is $100,000. When output is 4,000 units, Group of answer choices average variable cost is increasing. average total cost is increasing. average total cost is decreasing. average variable cost is decreasing.
Explanation:
i am just at class 10 comp and opt so i dont know about business
A project that cost $80000 with a useful life of 5 years is being considered. Straight-line depreciation is being used and salvage value is $5000. The project will generate annual revenues of $24350. The annual rate of return is:_______
a. 17%
b. 50.3%
c. 16%
d. 15%
Answer:
22%
Explanation:
Net income = Annual cash flow - Depreciation
Net income = 24350 - (80,000-5,000 / 5)
Net income = 24350 - 15,000
Net income = $9350
Average investment = Beg. value + End. Value / 2
Average investment = 80,000 + 5,000 / 2
Average investment = $42,500
Annual rate of return = Net income / Average investment * 100
Annual rate of return = $9350 / $42,500 * 100
Annual rate of return = 0.22 * 100
Annual rate of return = 22%
Answer:Annual Rate of Return =22%
The correct option is not given
Explanation:
Annual Rate of Return = Net Income / Average Investment x 100
Net Income= Annual Cash flow - Depreciation
Straight-line depreciation =Cost - salvage value / useful years
= 80,000 - 5,000 / 5
75,000/5= $15,000
Net Income=$24,350 - $15,000
=$9,350
Average Investment= Initial investment + salvage value / 2
$80,000 + 5000 / 2
= $85,000/ 2
$42,500
Annual Rate of Return =$9, 350/ $42,500 x 100
= 0.22 x100
=22%
Which of the following scenarios BEST illustrates the role of money as a medium of exchange?
A
Jane writes a $600 check to pay her rent.
B
Jane has a $500 balance on her credit card.
C
Jane puts 5% of her income into savings each month.
D
Jane uses her investments as collateral for a business loan.
Answer:it’s A
Explanation: I just took a test with this question
Scenarios that best illustrates the role of money as a medium of exchange is Jane writes a $600 check to pay her rent. Option (a) is correct.
What do you mean by Exchange?Giving or receiving something in exchange for another is known as an exchange.
As a means of exchange, money makes transactions for goods and services easier. Producers trade money for the products they sell to wholesalers. Retailers then sell the goods to consumers in exchange for money from wholesalers, who in turn sell their products to them.
The first function of money is that it is a medium of trade, which implies that it works as a go-between for buyers and sellers. The accountant now trades accounting services for money instead of shoes when they were first introduced.
Therefore, Option (a) is correct. Scenarios that best illustrates the role of money as a medium of exchange is Jane writes a $600 check to pay her rent.
Learn more about Exchange, here;
https://brainly.com/question/26407800
#SPJ2
A coupon bond that pays interest of $60 annually has a par value of $1,000, matures in 5 years, and is selling today at a $75.25 premium from par value. The current yield on this bond is _________.
a. 6%
b. 6.49%
c. 6.73%
d. 7%
Answer:
b. 6.49%
Explanation:
Calculation for The current yield on this bond
First step is to calculate the Current price
Current price = $1,000 - 75.25
Current price = $924.75
Now let calculate the Current yield using this formula
Current yield =Coupon bond interest/Current price
Let plug in the formula
Current yield = $60/$924.75
Current yield = 6.49%
Therefore the current yield on this bond is 6.49%
Bank reserves are $200, the public holds $1000 in currency, and the reserve-deposit ratio is 20%. What is the Value of Bank Deposits? What is the Money Supply? Suppose that the Fed sells $50 worth of bonds in an "open market sale." Assuming that the public does not wish to change the amount of currency it holds, what is the new money supply after this open market purchase? Please enter your answers as numerical responses (ie. 100 or $100 not "One Hundred Dollars")
Answer:
What is the Value of Bank Deposits?
bank deposits = bank reserves / required reserve ratio = $200 / 20% = $1,000
What is the Money Supply?
money supply = bank deposits + currency held by the public = $1,000 + $1,00 = $2,000
Suppose that the Fed sells $50 worth of bonds in an "open market sale." Assuming that the public does not wish to change the amount of currency it holds, what is the new money supply after this open market purchase?
if the FED sells $50 worth of bonds, money supply will decrease by $50 x (1 / 20%) = $50 x 5 = $250
total money supply = $2,000 - $250 = $1,750
Sheridan Company has received a shipment of suits that cost $140 each. If the company uses cost-plus pricing and applies a markup percentage of 60%, what is the sales price per suit?
A. $417.
B. $400.
C. $350.
D. $625 .
Answer:
Selling price= $224
Explanation:
Giving the following information:
Unitary purchase cost= $140
Mark-up percentage= 60%
To calculate the selling price per unit, we need to use the following formula:
Selling price= unitary cost*(1 + mark-up)
Selling price= 140*1.6
Selling price= $224
In planning for your retirement, you have decided that you would like to be able to withdraw $60,000 per year for a 10 year period. The first withdrawal will occur 20 years from today.
a. What amount must you invest today if your return is 10% per year?
b. What amount must you invest today if your return is 15% per year?
Answer:
a. $66,309
b. $24, 333
Explanation:
In both scenarios, the Cash Flows are uneven. thus we need to be careful the way we use the Time Value of Money. What we will be looking for is the Net Present Value - the Initial cost of the Investment.
Step 1
The summary of cash flows for this project can be shown as follows :
Year 0 = ? (to be calculated)
Year 1 to Year 19 = 0
Year 20 to Year 30 = $60,000
Step 2
Using the CFj Function of the Financial calculator, we can then calculate the Net Present Value as :
Part a
$0 CFj
19 Nj
$60,000 CFj
10 Nj
10 % I/YR
Shift NPV = $66,309
Part b
$0 CFj
19 Nj
$60,000 CFj
10 Nj
15 % I/YR
Shift NPV = $24,333
Which document gives Congress the power to lay and collect taxes?
O The Bill of Rights
O The Constitution
O The Declaration of Independence
O The Pledge of Allegiance
Short Company purchased land by paying $22,000 cash on the purchase date and agreed to pay $22,000 for each of the next seven years beginning one-year from the purchase date. Short's incremental borrowing rate is 10%. On the balance sheet as of the purchase date, after the initial $22,000 payment was made, the liability reported is closest to: (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided.)
Answer:
The liability reported is closest to $107,105.21.
Explanation:
This can be calculated using the formula for calculating the present value of an ordinary annuity as follows:
PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)
Where;
PV = Present value or the the liability reported =?
P = Annuity payment = $22,000
r = Student's desired return rate = 10%, or 0.10
n = number of years = 7
Substitute the values into equation (1) to have:
PV = $22,000 * ((1 - (1 / (1 + 0.10))^7) / 0.10)
PV = $22,000 * 4.86841881769293
PV = $107,105.21
Therefore, the liability reported is closest to $107,105.21.
Chancellor Ltd. sells an asset with a $1 million fair value to Sophie Inc. Sophie agrees to make six equal payments, each to be paid one year apart, commencing on the date of sale. The payments include principal and 6% annual interest. Compute the annual payments. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) $166,651. $203,351. $135,252. $191,852.
Answer:
$191,852
Explanation:
The computation of the annual payment is shown below
Given that
Loan Amount (P) = $1,000,000
Annual Interest Rate (r) = 6.00% per year
Loan Period (n) = 6 Years
Now
The Annual Lona Payment is
= [P × {r × (1 + r)^n}] ÷ (1 + r)^n - 1
= [$1,000,000 x {0.06 x (1 + 0.06)^5}] ÷ [(1 + 0.06)^6 - 1]
= $191,851.5363
= $191,852
Hence, the annual payment is $191,852
In what positive and negative ways has the Internet changed the conduct and coordination of global business?
Answer: Positive ways; Barriers in connecting is slightly no more, Negative ways; Increase in fraud and cyber theft
Explanation:
The internet has changed the conduct and cordination of global business in many ways both positively and negatively. Considering the positive ways
Positive Ways: Barriers in connecting is slightly no more: connecting to one another has been made easy to do business recently, people in continents can carry out a transaction and a trade under minutes of interaction and get the goods and services exchanged among each other immediately.
Negative ways; Increase in fraud and cyber theft; despite the swift nature of doing business now, it has also Increased fraud as some people disguise themselves to be traders and businessmen just to collect people's money.
TEN POINTS! Fairfield is a small, rural town in the countryside of Pennsylvania. The three biggest stores there are a natural foods shop, a sporting goods shop, and an organic bakery. Which two shops are most likely in competition with each other? The natural foods shop and the sporting goods shop The natural foods shop and the organic bakery The organic bakery and the sporting goods shop They are all in equal competition
Answer:
The Natural Foods Shop and The Bakery
Explanation:
These two stores sell like goods (food) while the sporting goods doesn't sell food
Answer:
the natural food shop and the bakery
How do i get as much mony as bill gates todey?
Answer:
be very famous
Explanation:
In September 2008, the stock market fell sharply and continued to perform poorly due to the financial crisis. How did this change impact GDP in the economy?
Answer:
Many people's wealth is held in stocks and as the price of stocks collapsed, they lost wealth.
Imagine that this happened to you. One day you are rich and that affects your spending habits. In a matter of few days or weeks, you lose a large portion of your wealth. So now, you are less rich or even poor. So your spending habits will be altered, i.e. you will spend less.
If you consider the economy as a whole, aggregate demand will fall, resulting in a decrease of aggregate supply, and an overall decrease of the GDP.
