Kray Inc., which produces a single product, has provided the following data for its most recent month of operations: Number of units produced 6,000 Variable costs per unit: Direct materials $ 40 Direct labor $ 19 Variable manufacturing overhead $ 8 Variable selling and administrative expense $ 2 Fixed costs: Fixed manufacturing overhead $ 144,000 Fixed selling and administrative expense $ 198,000 There were no beginning or ending inventories. The variable costing unit product cost was:

Answers

Answer 1

Answer:

The variable costing unit product cost was $69.

Explanation:

Variable Product Costing is a situation whereby only the variable costs of production is taking into account to estimating the cost per unit of a product. This implies that none of the fixed cost will be included in the cost of the product.

Based on the explanation above, the variable costing unit product cost to produce a single product by Kray Inc. can be calculated as follows:

Kray Inc.

Calculation of Variable Costing Unit Product Cost

Particulars                                                          Amount ($)    

Direct materials                                                        40

Direct labor                                                               19

Variable manufacturing overhead                           8

Variable selling and administrative expense         2      

Variable cost per unit                                               69    

Therefore, the variable costing unit product cost was $69.


Related Questions

A broker is charged with discrimination. The Federal fair housing investigator notices that the Fair Housing Poster is not displayed in the broker's office. The investigator may

Answers

Answer:

charge the broker with discrimination with no further evidence

Explanation:

It is mandatory for a broker who markets dwelling for rent or sale to display fair housing poster in his or her office or at any dwelling meant for rent or sale. This is according to the Department of Housing and Urban development (HUD) that brokers who market dwelling should display such where they can be easily seen by persons who need the service of the broker to list or locate a dwelling or purchase same in a residential area.

The fair housing poster gives assurance to intending clients that the broker do not engage in any unlawful discriminatory services he offers. However, where a broker fails to paste the fair housing poster, he will not be subjected to any penalty but may be charged with discrimination by the federal fair housing investigator.

A registered representative ("rr") is an MFP of a municipal securities firm that is an underwriter for that municipal issuer. The MFP volunteers his time to the election campaign of a candidate for mayor of the issuer by offering to host a reception. The "rr," who is entitled to vote in the election, does not make a contribution to the elected official’s campaign, but does pay $300 of "out of pocket" expenses for the cost of the reception. Which statement is TRUE?

Answers

Answer:

The $300 of out of pocket expense exceeds the MSRB political contribution limit and will result in the municipal securities firm being banned as an underwriter for that issuer for 2 years.

Explanation:

The municipal securities firm is is underwriter for municipal issuer. The volunteers have paid $300 out of pocket but they are not entitled to make contribution to the campaign. This will result the firm being banned for two years as an underwriter for the issuer.

Compare and contrast the following forms of business organization: sole proprietorship,general partnership,limited liability company,and corporation as to ease of formation,liability of owners,management,and tax implications.

Answers

Answer:

Find the explanation below.

Explanation:

1. Sole Proprietorship is owned by a single person or a married couple.

a. Ease of formation: This business is very easy to form because owners are not required to have legal documentation for the business to begin operation.

b. Liability of Owners: Owners are personally liable for the success or failure of the business. This means that they bear the cost of whatever debt or losses that are incurred in the business and can be sued for it.

c. Management: The owner makes all the management decisions that could affect the business. He sets the time when his business can be run as well as the prices for his products.

d. Tax Implications: They fill out Schedule C where they calculate the profit and loss from their business. They declare their income in Standard Form 1040 and they are subject to Self-employment tax.

2. General Partnership is a business agreement between to or more owners.

a. Ease of Formation: It is quite easy to start this business because little or no legal documentation is required to kick-start the business.

b. Liability: All partners are liable for debts and losses incurred in the business.

c. Management Decisions: The management decisions are made by the general partners. This affords them a measure of flexibility.

d. Tax implications: Income tax is not paid rather, a separate tax return form is filed.

3. Limited Liability Company: These business entities are run by two or more business partners.

a. Ease of Formation: It is relatively easy to form because it is governed by state rules and regulations which must be adhered to by the business owners.

b. Liability: There is a limited liability as just the business assets can be withheld when there is a legal battle. Personal assets of partners can not be withheld.

c. Management Decisions: There could be a member-managed LLC where members make decisions in the business or a manager-managed LLC one or two non-members are employed to manage the business and make business decisions therein.

d. Taxation: Taxation is done once and profits realized are passed through to the personal income taxes of the members.

4. Corporations are set up by a group of businesspeople.

a. Ease of Formation: They are not easy to form as proper documentation which is governed by state laws must be adhered to.

b. Liability: There is a limited liability as shareholders are not held accountable for the debts and losses of the corporation.

c. Management: There are directors of the corporation who are elected by the shareholders, They make decisions for the corporation. Business officers are also appointed.

d. Tax Implications: There are lots of taxation requirements for which the corporation might seek advice from a taxation advisor to prevent double taxation.

You bought one of Great White Shark Repellant Co.’s 6.6 percent coupon bonds one year ago for $1,056. These bonds make annual payments and mature 11 years from now. Suppose you decide to sell your bonds today, when the required return on the bonds is 4.5 percent. The bonds have a par value of $1,000. If the inflation rate was 3.2 percent over the past year, what was your total real return on investment? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers

Answer:

14.25%

Explanation:

For computing the total real return first we have to find out the present value and the required return which is shown below:

Given that,  

Future value = $1,000

Rate of interest = 4.5%

NPER = 11 years

PMT = $1,000 × 6.6% = $66

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula the present value is $1,179.11

Now the required return is

= ($1,179.11 + $66) ÷ ($1,056) -1

= 17.91%

And finally,

total real return

= ($1.1791 ÷ 1.032) - 1

= 14.25%

A security company offers to provide CCTV coverage for a parking garage for ten years for an initial payment of $45,000 and additional payments of $25,000 per year. What is the equivalent annual annuity of this​ deal, given a cost of capital of 4%​?

Answers

Answer:

Equivalent Annual Annuity =$30,548.09  

Explanation:

The equivalent annuity is the annual cash cash flows that is the same in value to the present value of the total cost associated with providing the CCTV coverage.

Equivalent Annual Annuity = Total PV of cost /Annuity factor

To determine the total prsent value of cost associated with CCTV  would sum the present value of the additional payment for 10 years and the initial cost.

Initial cost - 45,000

Additional payment = 25,000

PV of additional payment = A× 1-(1+r)^(-n)/r

                               = 25,000 × 1- 1.04^(-10)/0.04 =  202,772.39  

Total PV of cost = 202,772.39   + 45,000 =  247,772.39  

Total PV of cost = 247,772.39

Equivalent Annual Annuity = Total PV of cost /Annuity factor

Annuity factor = 1-(1+r)^(-n)/r = ( 1- 1.04^(-10)/0.04) =  8.1109

Equivalent Annual Annuity =247,772.39 /8.1109  = 30,548.09  

Equivalent Annual Annuity =$30,548.09  

You are feeling overwhelmed by the number of potential goals you could set for your business unit. You ask your colleague Dan for advice on the process he uses to set goals. Which of the following suggestions from Dan is wrong? He suggests that you

Answers

Answer:

prioritize goals according to their value to the organization

Explanation:

Goal setting is an action plan that is set to motivate someone towards achieving a goal. Individuals, organizations set goals as part of their personal development plans hence must be Specific, Measurable, Action oriented, Realistic and Timely(SMART).

With regards to the above scenario, prioritizing goals according to their value to the organization is wrong. While it is important to prioritize goals, such must however be made to align with the business's strategic objectives.

It is also important to stick to goals already set instead of constantly changing them. Sometimes too, customers put pressure on business owners to consider certain goals which might be beneficial; such should also be looked into after considering their pros and cons.

The required investment cost of a​ new, large shopping center is ​$49 million. The salvage value of the project is estimated to be ​$20 million​ (the value of the​ land). The​ project's life is 15 years and the annual operating expenses are estimated to be ​$14 million. The MARR for such projects is 15​% per year. What must the minimum annual revenue be to make the shopping center a worthwhile​ venture?

Answers

Answer:

The minimum annual revenue is 22.38 million.

Explanation:

Let the minimum annual revenue = X

Therefore,

The present value of cash inflows = Present value of cash outflows

X (P/A,15%,15) + 20 (P/F,15%,15)= 49*1 + 14(P/A,15%,15)

Now look into the annuity table or compound interest factor table and use that values to solve the equation.

X(5.847) + 20 (0.1229) = 49 + 14 (5.847)

X(5.847) = 130.858

X = 130.858 / 5.847

X = 22.38 millions

The minimum annual revenue = 22.38 million.

The firm receives an average of $20,000 in checks per day. The weighted average delay in clearing the checks received is 3 days. Meanwhile, the firm writes an average of $17,000 in checks to pay its suppliers per day. The usual clearing time for the checks the firm wrote is 2 days. The current interest rate is 0.015 percent per day. What is the most the firm should be willing to pay today (in a lump sum today) to eliminate its float entirely? A) 3000 B) 26000 C) 34000 D) 37000 E) 60000

Answers

Answer:

$26000

Explanation:

from the question;

check per day; 20000

delay: 3 days

checks to pay suppliers; 17000

clearing time 2 days

we first calculate collection flaot:

collection flaot = average amount of check x outstanding days

= 20000 x 3

= 60000

now we have to calculate disbursements float:

average amount of check x days to clear

= 17000 x 2

= 34000

with these two values we can get the net float

= collection flaot - disbursements float

= 60000 - 34000

= $26000

The percent change in nominal gross domestic product (GDP) minus the percent change in price level equals

Answers

Answer:

Real GDP

Explanation:

Nominal GDP less percent change in price levels equals to real GDP

Nominal GDP is GDP calculated using current year prices

Real GDP is GDP using base year prices. it has been adjusted for inflation.

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that yields a sure rate of 5.5%. The probability distributions of the risky funds are: Expected Return Standard Deviation Stock fund (S) 15 % 32 % Bond fund (B) 9 % 23 % The correlation between the fund returns is 0.15. What is the Sharpe ratio of the best feasible CAL?

Answers

Answer:

0.296875

Explanation:

Given the following :

Probability distribution of risky funds :

- - - - - - - - - - - - - - stock fund(S) - - bond fund(B)

Expected return - - - 15% - - - - - - - - - - 9%

Std - - - - - - - - - - - - - 32% - - - - - - - - - - 23%

Correlation between funds return = 0.15

Sure rate = 5.5%

To calculate the Sharpe ratio we use the formula :

Sharpe Ratio = (Expected Return of Investment - Risk Free Rate) / Standard Deviation of excess return of investment

For the stock fund :

Expected return = 15%

Risk free rate = market sure rate = 5.5%

Standard deviation = 32%

Sharpe ratio of stock fund :

(15% - 5.5%) / 32%

= 9.5% / 32%

= 0.296875

For Bond fund :

Expected return = 9%

Risk free rate = market sure rate = 5.5%

Standard deviation = 23%

Sharpe ratio of bond fund :

(9% - 5.5%) / 23%

= 3.5% / 23%

= 0.1521739

Therefore the Sharpe ratio of the best feasible CAL is the higher of the two ratios which is 0.296875

In 2019, Tim sells Section 1245 property for $28,000 that he had purchased in 2009. Tim has claimed $5,000 in depreciation on the property and originally purchased it for $15,000. How much of the gain is taxable as ordinary income?

Answers

Answer:

The taxable amount at an ordinary rate = $5000

Explanation:

The selling price of a property in 2019 is = $28000

The depreciation on the property = $5000

Original purchased price of property = $15000

Adjusted tax = an orginal price – depreciation  

Adjusted tax = 15000 – 5000 = $10000

Gain = selling price – adjusted tax

Gain = 28000 – 10000 = $18000

The part of gain ($18000) that is taxable as ordinary rate = $5000

Here, $13000 will be taxed as section 1231 as a gained tax at capital gain rate.

A process that automatically groups people with similar buying intentions, preferences, and behaviors and predicts future purchases is called _____.

Answers

Answer: collaborative filtering

Explanation:

A process that automatically groups people with similar buying intentions, preferences, and behaviors and predicts future purchases is referred to as collaborative filtering.

Collaborative filtering is a method of making predictions about a user by collecting information from other similar users.

Stock price is $150. You see an at-the-money call option trading at $15, and at-the-money put trading at $5. The options have the same expiration date. You decide to buy a straddle. What will be the breakeven points of the strategy, i.e., at what stock prices will your profit will be exactly zero?a. Two breakeven points, S* = 145 and S* = 165b. Two breakeven points, S* = 135 and S* = 155c. One breakeven point, S* = 150d. Two breakeven points, S* = 130 and S* = 170

Answers

Answer:

D) Two break even points, S* = 130 and S* = 170

Explanation:

option a)

if the stock price is $145,

put option ⇒ you win $5 - $5 (option price) = no gain

call option ⇒ you lose $15 (option price)

WRONG ANSWER

option b)

if the stock price is $155,

put option ⇒ you lose $5 (option price)

call option ⇒ you win $5 - $15 (option price) = -$10 loss

WRONG ANSWER

option c)

if the stock price is $150,

put option ⇒ you lose $5 (option price)

call option ⇒ you lose $15 (option price)

WRONG ANSWER

option d)

if the stock price is $170,

put option ⇒ you lose $5 = -$5 loss

call option ⇒ you win $20 - $15 (option price) = $5 gain

total gain/loss = $0

if the stock price is $130,

put option ⇒ you win $20 - $5 (option price) = $15 gain

call option ⇒ you lose $15 (option price)

total gain/loss = $0

CORRECT ANSWER

McCall Corporation has a capital structure consisting of 55 percent common equity, 30 percent debt, and 15 percent preferred stock. Any debt issues would have a pre-tax cost of 9.5%. Preferred stock can be issued for a cost of 11.5%. Common equity can be issued, but flotation costs of $4.25 per share of common stock would be paid. McCall common stock is currently selling in the market at $65 per share. McCall recently paid a dividend of $4 per share and company earnings and dividends are expected to grow at an annual rate of 8% indefinitely. McCall has a marginal tax rate of 35% and the firm wants to keep its current capital structure. If the firm needs to raise additional equity, what will be the firm's cost of capital?

Answers

Answer:

WACC = 12.14%

Explanation:

Cost of debt = 9.5% x (1 - 35%) = 6.175%

Cost of preferred stock = 11.5%

Cost of equity (Re) = {D₁ / [P₀(1 - F)]} + g

Re = {($4.25 x 1.08) / [$65 x (1 - $4.25/$65)]} + 8% = ($4.59 / $60.75) + 8% = 15.56%

WACC = (15.55% x 0.55) + (6.175% x 0.30) + (11.5% x 0.15) = 8.56% + 1.85% + 1.73% = 12.14%

You are considering purchasing stock in Canyon Echo. You feel the company will increase its dividend at 4.4 percent indefinitely. The company just paid a dividend of $3.29 and you feel that the required return on the stock is 10.6 percent. What is the price per share of the company's stock?

Answers

Answer: $50.83

Explanation:

Based on the information given in the question, the following can be deduced:

r = required return = 10.6% = 0.106

D0 = Dividend = 3.29

g = growth rate = 4.4% = 0.044

The price per share of the company's stock will be:

= D0(1 + g)/(r - g)

= 3.29(1 + 0.044)/(0.106 - 0.044)

= 3.29(1.044)/(0.062)

= 3.15134/0.062

= $50.83

​Jack, an employee of Desert​ Sky, Inc., has gross salary for May of . The entire amount is under the OASDI limit of​ $118,500 and thus subject to FICA. He is also subject to federal income tax at a rate of ​%. Which of the following is a part of the journal entry for accrual of the employer payroll​ taxes? (Assume a FICAOASDI Tax of ​% and FICAMedicare Tax of ​%.) ​Jack's income to date exceeds the FUTA and SUTA tax income limits

Answers

Answer:

Credit to Cash for $4,995 is correct

Explanation:

here is a complete question

has a gross salary for May of $7,000. The entire amount is under the OASDI limit of $118,500 and thus subject to FICA. He is also subject to federal income tax at a rate of 21%. Which of the following is a part of the journal entry to record the disbursement of his net pay? (Assume a FICA-OASDI Tax of 6.2 % and FICA-Medicare Tax of 1.45%. Round the final answer to the nearest dollar.) A. debit to Cash for $4,995 B. debit to FICA Tax Payable of $4,995 O C. debit to Employee Income Tax Payable of $4,995 D. credit to Cash for $4,995

The computation of the amount that becomes the part for accrual the employer payroll taxes is shown below:

Gross Pay                   $7,000  

Less: Deductions    

Federal Income tax       $1,470            ($7000 × 21%)

FICA-OASDI tax             $434              ($7000 × 6.2%)

FICA-Medicare tax         $102              ($7,000 × 1.45%)

Total Deductions          2006  

Net pay                         $4,995  

Michigan Corporation manufactured inventory in the United States and sold the inventory to customers in Canada. Gross profit from sale of the inventory was $500,000. Title to the inventory passed FOB: Destination. How much of the gross profit is treated as foreign source income for purposes of computing Michigan Corporation’s foreign tax credit in the current year?

Answers

Answer:

50% of gross profit = $250,000

Explanation:

The Tax Cuts and Jobs Act of 2017 changed some aspects of Section 863(b), but aspects regarding US companies producing locally and exporting their production to foreign countries remains the same. US companies can allocate 50% of gross profit as foreign source income, while the other 50% must be allocated as domestic income due to production related activities.

Discuss the negative consequences that arise when auditors fail to identify and report going-concern problems.

Answers

Answer:

Consequences arising when auditors fail to identify and report on going-concern problems:

1. The purpose of the audit is defeated.

2. Credibility in the audit process and opinion is eroded.

3. Confidence in the efficiency of market information is shattered.

4. Investors and the general public are misinformed and misled.

5. More governmental oversight and regulations will be required.

6. The auditors involved may have their licenses withdrawn and the audit firm could be closed like Arthur Andersen.

Explanation:

For instance, Company A's auditors are always expected to identify and report on going-concern issues of the company.  Failure to identify and report on problems affecting going-concern means that Company A could be at the risk of liquidation and auditors still report it as if it were continuing in business for the next foreseeable future.   That means that Company A's assets and liabilities are reported in the Balance Sheet as if the business could continue indefinitely, whereas the assets and liabilities should have been reported on a sale-out basis.

The auditors involved in making the wrong conclusion about Company A will be sued with huge damages  and their license may be withdrawn, assuming that Company A is unable to survive the next 12 months after being reported on by the auditors.

Granite Stone Creamery sold ice cream equipment for $17,600. Granite Stone originally purchased the equipment for $94,000, and depreciation through the date of sale totaled $73,000. What was the gain or loss on the sale of the equipment

Answers

Answer:loss on the sale of the equipment =$3,400

Explanation:

---We first compute the book value of the equipment

 Cost of asset=$94,000

accumulated depreciation = $73,000

Book Value of assets =  Cost of asset-accumulated depreciation

= $94,000 - $73,000= $21,000

---Gain or Loss on the asset

Sale value of equipment = $17,600

Book value of equpment= $21,000

loss on sale of equipment  = Sale value of equipment-Book value of equipment=$17,600-  $21,000= -$3,400

Harver company currently produces component RX5 for its sole product. The current cost per unit to manufacture the required 58000 units of RX5 follows. Direct materials and direct labor are 100% variable. Overhead is 70% fixed. An outside supplier has offered to supply the 58000 units of RX5 for 18.50 per unit. determine the total incremental cost making 58000 units of Rx5. Determine the total incremental cost of buying 58000 units of RX5. Should the company make or buy RX%

Answers

Answer:

Decision = Make

Explanation:

The incremental cost to buy and the incremental cost to make can be calculated as follows

DATA

Direct material = $4  (100% variable)

Direct labor = $8 (100% variable)

Overhead = $9 ( 70% fixed)

Total cost per unit = $21

Offered price = $18.5 per unit

Total units = 58,000

Solution

Incremental cost of making

Direct material ( 58,000 x $4) = $232,000

Direct labor (58,000 x $8) = $464,000

Overhead ( 58,000 x $9 x 30%) = $156,600

Total cost = $825,600

Incremental cost of buying

Total cost = No. of units x offered price

Total cost = 58,000 x $18.5

Total cost = $1,073,000

Decision: The company should make the product as the total cost to buy is $247,400 higher than the cost to make.

Which of the following dimensions of entrepreneurial orientation is described as a forward-looking perspective characteristic of a marketplace leader that has the foresight to seize opportunities?
A) proactiveness
B) risk taking
C) autonomy
D) competitive aggressiveness

Answers

Answer:

A) Proactiveness.

Explanation:

This explained to be a conceptual development in entrepreneurial orientation that enacts a degree of anticipation in product and also increase a productivity in the entrepreneurial sphere. Some undiluted descriptions shows it to be the introduction of results based on its qualitative study, which is been aimed at the characterizing of the proactiveness in entrepreneurial software firms. Experienced researched organizations has shown that the one which are related to environment monitoring and opportunities quest been highlighted are also core part of proactiveness.

Turnbull Co. has a target capital structure of 58% debt, 6% preferred stock, and 36% common equity. It has a before-tax cost of debt of 8.2%, and its cost of preferred stock is 9.3%. If Turnbull can raise all of its equity capital from retained earnings, its cost of common equity will be 12.4%. However, if it is necessary to raise new common equity, it will carry a cost of 14.2%. If its current tax rate is 40%, how much higher will Turnbull’s weighted average cost of capital (WACC) be if it has to raise additional common equity capital by issuing new common stock instead of raising the funds through retained earnings? (Note: Round your intermediate calculations to two decimal places.)

Answers

Answer:

Turnbull's weighted average cost of capital will be higher by 0.65% if it has to raise additional common equity capital.

Explanation:

By combining the WACC formula and retained earnings cost of capital,we will arrive at;

WACC = Debt W × after tax cost of debt + Preferred stock weight × cost of capital + Equity W × Cost of capital

= 58% × 4.92% + 6% × 9.3% + 36% × 12.4%

= 2.85% + 0.56% + 4.46%

= 7.87%

Also, using the same WACC formula and using common equity cost of capital, , we will arrive at the below;

WACC = Debt W × after tax cost of debt + preferred stock weight × cost of capital + Equity W × cost of capital

= 58% × 4.92% + 6% × 9.3% + 36% × 14.2%

= 2.85% + 0.56% + 5.11%

= 8.52%

Therefore, increase cost using common equity over retained earnings is [ 8.52% - 7.87%]

= 0.65%

N.B we arrived at 4.92% for after tax by;

Pre tax 8.2%

Current tax rate 40%

= Pre tax × ( 1 - cost of debt)

= 8.2% × ( 1 - 40%)

= 8.2% × 0.6%

= 4.92%

Cobe Company has already manufactured 17,000 units of Product A at a cost of $20 per unit. The 17,000 units can be sold at this stage for $410,000. Alternatively, the units can be further processed at a $240,000 total additional cost and be converted into 5, 800 units of Product B and 11, 400 units of Product C. Per unit selling price for Product B is $107 and for Product C is $52.
Prepare an analysis that shows whether the 17,000 units of Product A should be processed further or not.
Sell as is ProcessFurther
Sales
Relevant costs:
Total relevant costs
Income (loss)
Incremental net income (or loss) if processed further
The company should

Answers

Answer:

differential analysis:

                         No further process      Process further         Differential

                                                                                                 amount

Sales revenue            $410,000                $1,213,400             $803,400

Production costs     ($340,000)               ($580,000)           ($240,000)

Operating income       $70,000                  $633,400            $563,400

The company should process further and sell products B and C because its operating income will increase by $563,400.

11. Garth Corporation sells a single product. If the selling price per unit and the variable expense per unit both increase by 10% and fixed expenses do not change, then: A. profit will go up 10% B. profit will go up more than 10% C. profit will go down by less than 10% D. profit will not change

Answers

Answer:

D

Explanation:

Profit = Revenue - cost

Cost = fixed cost + variable cost

if variable cost increases by 10%, cost would increase by 10%.

Revenue also increases by 10%

So, the increase in revenue would be cancelled by the increase in cost and profit would not change

Abby had a checkbook balance of $1,002.45. She paid $76.98 to the electric company and $254.34 to the water company. What is Abby’s current checkbook balance?

Answers

Answer:

$671.13

Explanation:

Abby had a checkbook balance of $1,002.45

$76.98 was paid to the electric company

$254.34 was paid to the water company

Therefore the current checkbook balance can be calculated as follows

=$1,002.45-($76.98+$254.34)

= $1,002.45-$331.32

= $671.13

Hence Abby's current checkbook balance is $671.13

intext:"A company has net sales of $1,200,000 and average accounts receivable of $400,000. What is its accounts receivable turnover for the period"

Answers

Answer:

i think it would be 4x

Explanation:

im dumb

Farmer Brown’s total cost curve is a. increasing at an increasing rate. b. increasing at a decreasing rate. c. increasing at a constant rate. d. decreasing.

Answers

The question is incomplete:

If Farmer Brown plants no seeds on his farm, he gets no harvest. If he plants 1 bag of seeds, he gets 5 bushels of wheat. If he plants 2 bags, he gets 9 bushels. If he plants 3 bags, he gets 12 bushels. A bag of seeds costs $120, and seeds are his only cost.

Farmer Brown's total-cost curve is

a. increasing at an increasing rate.

b. increasing at a decreasing rate.

c. increasing at a constant rate.

d. decreasing.

Answer:

a. increasing at an increasing rate.

Explanation:

To determine the answer, you can create a graph with the information given hich is attached.

You can see that the curve is increasing and because of that you can eliminate option d that is decreasing. Then, you have to consider that increasing at a constant rate would show an straight line which is not the case. Also, increasing at a decreasing rate would show a decreasing slope which is not what you see in the graph. Because of that, the answer is that Farmer Brown’s total cost curve is increasing at an increasing rate because the graphs shows an increasing slope.

As a result of a decrease in the demand for U.S. dollars, there has been depreciation in the value of the U.S. dollar relative to Jamaican dollars. The depreciation in the U.S. dollar has benefitted some groups but harmed others. Indicate which of the groups are winners and which are losers from the standpoint of the depreciation of the U.S. dollar.
A. Todd, an American, going to visit Jamaica for spring break.
B. An investment bank in Jamaica that is interested in purchasing U.S. government bonds.
C. Goodyear, a U.S. based firm, selling car tires in Jamaica.
D. A family from Jamaica visiting relatives in the U.S. E. A firm from Jamaica selling handbags in the U.S.
F. U.S. based Hewlett-Packard, which is purchasing a high tech company in Jamaica.

Answers

Answer;

A. Todd, an American, going to visit Jamaica for spring break. - Loser

The US dollar depreciating means that it now takes more US dollars to buy Jamaican dollars. Todd will afford less Jamaican dollars when he goes to Jamaica.

B. An investment bank in Jamaica that is interested in purchasing U.S. government bonds. - Winner

The Investment bank will see that their domestic currency is stronger than it was therefore they can buy more US dollars. As a result it will be cheaper for the Investment bank to buy U.S. Government bonds.

C. Goodyear, a U.S. based firm, selling car tires in Jamaica. - Winners.

Goodyear will be winners because when they sell their tires in Jamaican dollars and then convert it to USD, they will.get more dollars from the transaction than before.

D. A family from Jamaica visiting relatives in the U.S. - Winners

As the Jamaican family will be able to buy more US dollars than before, they are winners.

E. A firm from Jamaica selling handbags in the U.S. - Losers.

As the firm sells in the US, they sell in US dollars. When they try to convert their sales to Jamaican dollars, they will get less than before.

F. U.S. based Hewlett-Packard, which is purchasing a high tech company in Jamaica. - Losers.

The depreciation of the US dollar means than HP will have to spend more dollars purchasing the company than before because the purchase price of the company will be stated in Jamaican dollars.

Welcome Inc. is a global Internet company that offers country-specific variations of its sites, keeping in mind the linguistic and religious differences between the countries. Welcome Inc. is most likely doing this to:

Answers

Answer:

reduce its cultural distance from the other countries

Explanation:

In this scenario, Welcome Inc. is most likely doing this to reduce its cultural distance from the other countries. Cultural distance refers to the differences in cultural values amongst countries, organizations, and stakeholders. In this case, Welcome Inc is trying to reduce this by making sure that they adjust their products and services to best accommodate these specific cultural differences in each country. In doing so they gain more loyal customers and increase their profits in each country which they do business in.

A project requires an initial investment of $10 million today. If the cost of capital exceeds the project IRR, then the project must have a(n):

Answers

Answer:

Negative NPV.

Explanation:

present value of cost exceeds present value of revenue that is been assumed in the investment plan of the said company/firm.

Net Present Value describes one of the discounted techniques of cash flow used in capital budget to determining the viability of a project or an investment. It is seen to have a huge difference between the present flow of the firms; which is cash inflows and the present value of cash outflows over a period of time. Experts has tagged its primary advantage to be that it is seen to considers the concept of the time value of money.

Other Questions
3. Solve 2log4y - log4 (5y - 12) = 1/2 The Federal Reserve S role as a lender of last resort involves lending to which of the following financially troubled institutions? a. U.S. state governments when they run short on b. U.S. banks that cannot borrow elsewhere c. Governments in developing during currency crises. What were the terms of the Treaty of Versailles that ended World War I? A researcher performs a hypothesis test to test the claim that for a particular manufacturer, the mean weight of cereal in its 18 ounce boxes is less than 18 ounces. He uses the following hypotheses: H 0: = 18 vs H A: < 18 and finds a P-value of 0.01. Draw a conclusion about the cereal box weight at a significance level of 0.05. With the emergence of smartphones, users no longer have to carry a separate music player, a video game, a laptop, or a magazine to keep themselves entertained when traveling. A smartphone is loaded with a variety of applications to satisfy all the customer needs that different industries or products individually satisfied earlier. As a result, the smartphone industry has been posing a threat to a lot of other unrelated industries. What is this phenomenon best known as Which best describes how the excerpt appeals to readers' emotions? The excerpt provides facts about the tree, which impresses readers' scientific minds. The excerpt describes how the tree traveled to London, which excites the readers' sense of adventure. The excerpt compares the tree to a person, which makes readers feel sympathetic toward the tree. The excerpt explains how to skin a tree, which makes readers feel awed at the height of the tree The formula for the remaining volume of fuel in a car's tank is I-E\cdot DIEDI, minus, E, dot, D, where III is the initial volume of fuel, EEE is the fuel efficiency, and DDD is the distance traveled. Carson drove a distance of 120120120 kilometers. He initially had 303030 liters of fuel, and his car's fuel efficiency is 100100100 cubic centimeters per kilometer. What calculation will give us the estimated volume of fuel that remains in Carson's tank by the end of the drive, in liters? Choose 1 answer: Choose 1 answer: (Choice A) A 30-\dfrac{100}{1000}\cdot 12030 1000 100 12030, minus, start fraction, 100, divided by, 1000, end fraction, dot, 120 (Choice B) B 30\cdot 1000-100\cdot 12030100010012030, dot, 1000, minus, 100, dot, 120 (Choice C) C \dfrac{30}{1000}-100\cdot 120 1000 30 100120start fraction, 30, divided by, 1000, end fraction, minus, 100, dot, 120 (Choice D) D 30-100\cdot 1000\cdot 120301001000120 what part of a cell determines a persons blood type who is the Prime Minister of India (Algebra) PLZ HELP ASAP! A foot is 12 inches and a mile is 5280 ft, exactly. A centimeter is exactly 0.01m or mm. Sammy is 5 feet and 5.3 inches tall. What is Sammy's Height in inches? I7. Clarissa Santo worked in a position that earned $2,247 per month for 7 months. Then, shereceived a promotion to a position that earned $2,310 per month. What total gross pay did Clarissaearn for the year? in a republic, sovereign power is held by those who are eligible to_____, while political is exercised by the representatives chosen by the citizens. what are the functions of protein Find the area of the shape shown below.3.522 Determine the equation of the graph and select the correct answer below.(1, 1-3)Courtesy of Texas Instruments The function fix) = (x - 4)(x - 2) is shown.What is the range of the function?8all real numbers less than or equal to 3all real numbers less than or equal to -1all real numbers greater than or equal to 3all real numbers greater than or equal to - 16216214COL408G D the perimeter of square is 76 cm find are of square Whats interesting about the Spanish language Try to get to every number from 1 to 10 using four 4's and any number of arithmetic operations (+, , , ). You may also you parentheses.