Suppose you work for a company that makes a product line for a large hardware chain. The chain asks you for a price quote for 30,000 units that will require a $1,500,000 investment with marginal costs of $15 per unit. What is the lowest price you are willing to quote

Answers

Answer 1

Answer:

$1,950,000

Explanation:

Note the company has a margin per unit cost and investment cost, where

investment cost =  $1,500,000

+

margin per unit cost =  $450,000 (30,000 x $15)

Thus, total cost = $1,950,000. Since companies do not want to make loses, but may allow for break-even, the lowest price to quote  should not be lesser than the total cost of $1,950,000.


Related Questions

A share of stock is now selling for $120. It will pay a dividend of $10 per share at the end of the year. Its beta is 1. What must investors expect the stock to sell for at the end of the year? Assume the risk-free rate is 6% and the expected rate of return on the market is 18%. (Round your answer to 2 decimal places.)

Answers

Answer:

P1 = 131.6566627 rounded off to $131.66

Explanation:

To calculate the price of the stock at the end of the year or P1, we first need to determine the required rate of return on the stock and the growth rate in dividends.

The required rate of return can be found using the CAPM equation. The formula for required rate of return under CAPM is,

r = rRF + Beta * (rM - rRF)

Where,

rRF is the risk free rate rM is the return on market

r = 0.06 + 1 * (0.18 - 0.06)

r = 0.18 or 18%

Now we assume that the stock is a constant growth stock which means that the growth in dividends is expected to be constant throughout. The price of such a stock is found using the constant growth model of DDM. The formula for price today under the constant growth model is,

P0 = D1 / (r - g)

Where,

P0 is price today D1 is expected dividend for the next period g is the growth rate in dividends

Plugging in the available variables, g is,

120 = 10 / (0.18 - g)

120* (0.18 - g) = 10

21.6 - 120g = 10

g = (10 - 21.6) / -120

g = 0.096667 or 9.6667% rounded off to 9.67%

So to calculate the price at the end of the year or P1, we will use D2.

P1 = 10 * (1+0.0967) / (0.18 - 0.0967)

P1 = 131.6566627 rounded off to $131.66

based on the characteristics of constructive conflicts, which of the following would help a manager create constructive conflicts during a debate?
1. Support the weaker members during a debate
2. Explain conflict in terms of interpersonal incompatabilities
3. Support the stronger memebrs during the debate
4. Keep the debate focused on the issue
5. Maintain competitive oreientation on the debate

Answers

Answer:

The correct answer is: 4. Keep the debate focused on the issue

Explanation:

A constructive conflict can be understood as different points of view that arise in an organization on the same issue.

Therefore, it can be a great way for the organization to enrich itself with new ideas, thoughts and different ways of carrying out actions that will help the organization to achieve its objectives and goals.

Therefore, the most suitable alternative for building a constructive conflict during a debate is for the manager to always focus on the issue discussed, and not for the debate to turn to support due to interpersonal relationships.

who are the customers for textbooks? What do these customers want in terms of goods and services related to textbooks? From the publishers point of view, who are the key customer?

Answers

Answer:

the customers for textbooks are students and schools

The Peabody Company has 7 year MACRS property with an original cost basis of $1,700,000. Calculate the ending book value at Year 4.

Answers

Answer: $531,080

Explanation

The Modified Accelerated Cost Recovery System (MACRS) is a depreciation schedule for assets and can be based on various year denominations. This one is of a 7 year type and the rates are specified below;

The ending book value at the end of year 4 would be;

= Original Cost - Accumulated Depreciation

= 1,700,000 - (1,700,000 * ( 14.29% + 24.49% + 17.49% + 12.49%))

= 1,700,000 - (1,700,000 * 68.76%)

= 1,700,000 - 1,168,920‬

= $531,080

Unable to borrow from other banks, University Bank is forced to turn to the Federal Reserve for needed funds. The interest rate that the Federal Reserve will charge University Bank is called the

Answers

Answer:

Discount rate

Explanation:

The discount rate is the rate of interest i.e. charged by the Fed for extending the loan to the commercial bank

In order to apply the expansionary monetary policy, Fed redcued the discount rate and apply the contractionary monetary policy so that the Fed could raise the interest rate

Therefore in the given case, the charge we called as a discount rate

The income statement and selected balance sheet information for Direct Products Company for the year ended December 31 are presented below. Income Statement Sales Revenue Expenses S 41,600 Cost of Goods Sold Depreciation Expense Salaries and Wages Expense Rent Expense Insurance Expense Interest Expense Utilities Expense 17,500 1,300 8,300 3,800 1,550 1,450 Net Income S 6,650 Selected Balance Sheet Accounts Ending Beginning Balances Balances Accounts Recelvable Inventory Accounts Payable Prepaid Rent Prepaid Insurance Salaries and Wages Payable Utilities Payable $570 820 430 29 27 600 685 480 32 43 17
Required:
Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method.

Answers

Answer:

Direct Products Company

Operating cash flow statement

For the year ended December 31, 202x

Net income                                                             $6,500

Adjustments to net income:

Depreciation expense $1,300Decrease in accounts receivable $30Decrease in prepaid insurance $5Increase in salaries payable $23Increase in utilities payable $7Increase in inventory ($135)Increase in prepaid rent ($7)Decrease in accounts payable ($50)            $1,173

Net cash flow provided by operating activities   $7,673

Explanation:

Net Income $6,650

Depreciation Expense $1,300

                                          ending           beginning

Accounts Receivable        $570                $600

Inventory                            $820                $685

Accounts Payable             $430                $480

Prepaid Rent                        $29                  $22

Prepaid Insurance               $27                   $32

Salaries Payable                  $66                  $43

Utilities Payable                   $24                   $17

Calculate the effective annual interest rate for the following: a. A 3-month T-bill selling at $97,820 with par value $100,000. (Round your answers to 2 decimal places.) b. A 8% coupon bond selling at par and paying coupons semiannually.

Answers

Answer:

A.9.2%

B.8.16%

Explanation:

a. Calculation for the Effective annual rate on three-month T-bill

First step

T-bill =(Par value-Selling amount)/Par value

Let plug in the formula

T-bill =($100,000-$97,820)/$97,820

T-bill =$2,180/$97,820

T-bill =0.02228

Now let calculate for the Effective Annual Interest rate

Effective Annual Interest rate = (1 + 0.02228)^4– 1

Effective Annual Interest rate = (1.02228)^4-1

Effective Annual Interest rate =1.0921-1

Effective Annual Interest rate =0.0921×100

Effective Annual Interest rate=9.2%

B. Calculation for the effective annual interest rate for A 8% coupon bond .

First step

Semi-annual return=8%/2

Semi-annual return=4%

Second step is to calculate for the effective annual interest rate

Using this formula

Effective annual interest rate =(1+Semi-annual return percentage)^2-1

Let plug in the formula

Effective annual interest rate=(1+0.04)^2-1

Effective annual interest rate=(1.04)^2-1

Effective annual interest rate=1.0816-1

Effective annual interest rate=0.0816×100

Effective annual interest rate=8.16%

Therefore the Effective annual rate on three-month T-bill will be 9.2% while that of coupon bond is 8.16%

.

Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its most recent monthly contribution format income statement:

Sales $ 1,546,000
Variable expenses 573,480
Contribution margin 972,520
Fixed expenses 1,070,000
Net operating income (loss) $ (97,480)
In an effort to resolve the problem, the company would like to prepare an income statement segmented by division. Accordingly, the Accounting Department has developed the following information:

Division

East Central West
Sales $ 416,000 $ 630,000 $ 500,000
Variable expenses as a percentage of sales 48 % 26 % 42 %
Traceable fixed expenses $ 282,000 $ 324,000 $ 206,000
Required:

1. Prepare a contribution format income statement segmented by divisions.

2-a. The Marketing Department has proposed increasing the West Division's monthly advertising by $28,000 based on the belief that it would increase that division's sales by 13%. Assuming these estimates are accurate, how much would the company's net operating income increase (decrease) if the proposal is implemented?

2-b. Would you recommend the increased advertising?

Answers

I'm not sure to be honest

Rocket Shoe Company is planning a one-month campaign for August to promote sales of one of its two shoe products. A total of $113,000 has been budgeted for advertising, contests, redeemable coupons, and other promotional activities. The following data have been assembled for their possible usefulness in deciding which of the products to select for the campaign. Cross-Trainer Shoe Running ShoeUnit selling price $41 $45 Unit production costs: Direct materials $(8) $(10) Direct labor (3) (3) Variable factory overhead (2) (3) Fixed factory overhead (3) (4) Total unit production costs $(16) $(20) Unit variable selling expenses (13) (12) Unit fixed selling expenses (8) (4) Total unit costs $(37) $(36) Operating income per unit $4 $9No increase in facilities would be necessary to produce and sell the increased output. It is anticipated that 24,000 additional units of cross-trainer shoes or 20,000 additional units of running shoes could be sold without changing the unit selling price of either product.Required:Prepare a differential analysis report presenting the additional revenue and additional costs anticipated from the promotion of cross-trainer shoes and running shoes.

Answers

Answer:

Contribution Margin from proposal

Cross Trainer Shoes $360,000

Running Shoe $340,000

Explanation:

Preparation of differential analysis for Rocket Shoe Company

DIFFERENTIAL ANALYSIS

Cross Trainer Shoes Running Shoe

Differential Revenue 984,000 900,000

Differential costs:

Direct Material (192,000) (200,000)

Direct labor (72,000) (60,000)

Variable factory overhead (48,000) (60,000)

Variable selling expense (312,000) (240,000)

Differential cost (624,000) (560,000)

Contribution Margin from proposal 360,000 340,000

Differential Revenue

Cross Trainer Shoes(41*24,000)=$984,000

Running Shoe(45*20,000) =$900,000

Differential costs:

Direct Material

Cross Trainer Shoes (8*24,000)=192,000

Running Shoe(10*20,000)=200,000

Direct labor

Cross Trainer Shoes (3*24,000)=72,000

Running Shoe(3*20,000)=60,000

Variable factory overhead

Cross Trainer Shoes (2*24,000)=48,000

Running Shoe(3*20,000)=60,000

Variable selling expense

Cross Trainer Shoes (13*24,000)=312,000

Running Shoe(12*20,000)=240,000

Differential cost is the addition of direct materials +direct labor + Variable factory overhead+Variable selling expense

Contribution Margin from proposal

Cross Trainer Shoes 984,000-624,000=360,000

Running Shoe 900,000-560,000=340,000

Since Cross trainer shoes had $360,000 this means that cross trainer shoes would contribute more than Running shoe which had $340,000 because Cross trainer shoes contribution margin is higher.

A ________ externality exists when the number of customers who purchase a good or use it influences the quantity demanded.

Answers

Answer: network

Explanation:

Network externality simply states that demand for a good or service has to do with how other people demand for that particular good or service. It means consumer's buying patterns are influenced by the purchase of others buying the product.

Therefore, a network externality exists when the number of customers who purchase a good or use it influences the quantity demanded.

Compared to countries with less economic freedom, countries with more economic freedom achieve higher per person income levels, but they also have higher poverty rates.grow more rapidly, but the income levels of the poor are largely unaffected by the higher growth rates of the freer economies.achieve both higher income levels per person and lower rates of poverty.grow less rapidly and experience higher poverty rates.

Answers

Answer:

The correct answer is: Achieve higher per person income levels, but they also have higher poverty rates.

Explanation:

What happens is that in countries with greater economic freedom, there is the free market, which is an economic form of the capitalist system that allows trade to be conducted free of external forces, being guided by the law of supply and demand. This system allows greater economic interaction with internal and external economic agents whose main objective is to generate profits.

The strong industrialization resulting from the capitalist system causes the greatest economic growth in a country and can increase the levels of per capita income, but it also generates greater social inequality that directly affects the growth of poverty rates. Generally, the main indicators of economic growth, such as GDP, have some limitations to indicate the distribution of wealth because they do not consider variables that include the well-being of the population.

A risk-free, zero-coupon bond has 15 years to maturity. Which of the following is closest to the price per $1,000 of face value at which the bond will trade if the current YTM is 6.1%?
a $411.40
b. $553.15
c $663.78
d. $885.05
e. $774.42

Answers

Answer:

The bond will trade at a. $411.40.

Explanation:

Use the following data to find the price, PV of the bond.

n = 15

pmt = $0

p/yr = 1

fv = $1,000

ytm = 6.10 %

pv = ?

Using a financial calculator, the bond price (PV) is $411,4047 or $411,40

Conclusion :

The bond will trade at $411.40 if the current YTM is 6.1%.

An annuity provides for 30 annual payments. The first payment of 100 is made immediately and the remaining payments increase by 8 percent per annum. Interest is calculated at 13.4 percent per annum. Calculate the present value of this annuity.

Answers

Answer:

$1423.38

Explanation:

number of payments ( number of years )(n) = 30

first payment = $100

interest calculated at : 13.4 % = 0.134

increment rate : 8 percent = 0.08

we can calculate the present value using this Equation

= (p / (r-g))  * [1 - [(1+g)/(1+r)]^n ]

where :

p / (r-g) = 100 / (0.134 - 0.08 ) = $1852

[1 - ((1+g)/(1+r)]^n ) =  (1 - ((1.08/1.134)^30 ) =  0.7686

hence the present value of this annuity = $1852 * 0.7686 = $1423.38

Note :

p ( first principal payment ) = $100

r ( calculated interest ) = 13.4% = 0.134

g ( increment interest ) = 8 % = 0.08

It will cost $3,000 to acquire a small ice cream cart. Cart sales are expected to be $1,400 a year for three years. After the three years, the cart is expected to be worthless as that is the expected remaining life of the cooling system. What is the payback period of the ice cream cart?

Answers

Answer:

2.14 years

Explanation:

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows

Payback period =  Amount invested / cash flows = $3,000 / $1,400 = 2.14 years

Harry and Sally formed the Evergreen partnership by contributing the following assets in exchange for a 50 percent capital and profits interest in the partnership.
Basis Fair Market Value Harry:
Cash $30,000 $30,000
Land $100,000 $120,000
Totals $130,000 $150,000
Sally:
Equipment used in business $200,000 $150,000
Totals $200,000 $150,000
a. How much gain or loss will Harry recognize on the contribution?
b. How much gain or loss will Sally recognize on the contribution?
c. Should Sally consider selling the property to the partnership rather than contributing it?
A. Yes
B. No

Answers

Answer:

a) $0

Generally, partners recognize gain on property contributed to a partnership only when the cash they are deemed to receive from debt relief exceeds their basis in the partnership prior to the deemed distribution. Harry did not have any debt relief.

b) $0.

Partners may never recognize loss when property is contributed to a partnership even when they are relieved of debt.

c) Sally should consider selling the property to the partnership rather than contributing it. By selling the property, she could recognize the $50,000 built-in loss on the equipment.

Waterway Industries's direct materials budget shows total cost of direct materials purchases for January $200000, February $220000 and March $290000. Cash payments are 60% in the month of purchase and 40% in the following month. The budgeted cash payments for March are

Answers

Answer:

Total cash disbursement= $262,000

Explanation:

Giving the following information:

Purchases:

January= $200,000

February= $220,000

March= $290,000

Cash payments are 60% in the month of purchase and 40% in the following month.

Cash disbursement March.

Purchase on cash March= 290,000*0.6= 174,000

Purchase on account from February= 220,000*0.4= 88,000

Total cash disbursement= $262,000

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.

Answers

Answer: U.S. banks that cannot borrow elsewhere

Explanation:

Lender of last resort is.a situation that occurs when the central bank in a country gives loans to the commercial banks in the country when they are going through financial difficulties.

In this scenario, The Federal Reserve S role as a lender of last resort involves lending to U.S. banks that cannot borrow elsewhere.

In the rational choice decision process model, which of the following immediately follows the step where possible choices have been discovered or developed?

a. Discover possible choices.
b. Select the choice with the highest value.
c. Implement the selected choice
d. Evaluate the selected choice.

Answers

Answer:

Correct Answer:

b. Select the choice with the highest value.

Explanation:

In the rational choice decision process model, it is a series of process whereby steps are taking towards making a beneficial decision for a given business setup. In a situation where possible choices has been discovered, the next step would be to select the choice with the highest value which is going to be implemented.

The step that followed where possible choices have been discovered or developed is option b.

The following information should be considered:

In the case of the rational choice decision process, it should be the sequence of the process in which the steps should be taken so that the decision should be carried out i.e. beneficial for the business setup. When the possible choices are discovered so the next step should be that the choice should be selected having the high value.

Therefore we can conclude that The step that followed where possible choices have been discovered or developed is option b.

Learn more: brainly.com/question/6201432

Sloan Transmissions inc.,has the following estimates for its new gear assembly project: price=$2,200 per unit., variable cost= $440 per unit., fixed costs = $1.6 million., quantity = 90,000 units. suppose the company believes all of its estimates are accurate only to

Answers

Answer:

Best case

Price 2,640

Variable cost per unit 352

Fixed cost 1.28 million

Quantity 108,000 units

Worst case

Price 1,760

Variable cost per unit 528

Fixed cost 1.92 million

Quantity 72,000 units

Explanation:

Based on the information given in the best case expenses would be 20% lower while the incomes will be 20% higher.

Calculation for the price

Price = 2,200 ×(1+0.20)

Price=2,200×1.2

Price = 2,640

Calculation for Variable cost per unit

Variable cost per unit = 440× (1-0.20)

Variable cost per unit=440×0.80

Variable cost per unit= 352

Calculation for fixed cost

Fixed cost = 1.60 million ×(1-0.20)

Fixed cost=1.60 million× 0.80

Fixed cost= 1.28 million

Calculation for the Quantity

Quantity = 90,000 × (1+0.20)

Quantity =90,000×1.2

Quantity=108,000units

Therefore, Best case will be:

Price 2,640

Variable cost per unit 352

Fixed cost 1.28 million

Quantity 108,000units

Based on the information given in the worst case expenses would be 20% higher while incomes would be 20% lower.

Calculation for the price

Price = 2,200 × (1-0.20) = 1080

Price=2,200 ×0.8

Price=1,760

Calculation for the Variable cost per unit

Variable cost per unit = 440 × (1+0.20)

Variable cost per unit=440× 1.2

Variable cost per unit= 528

Calculation for Fixed cost

Fixed cost = 1.60 million × (1+0.20)

Fixed cost=1.60 million×1.2

Fixed cost= 1.92 million

Calculation for the Quatity

Quantity = 90,000 ×(1-0.20)

Quantity=90,000×0.8

Quantity= 72,000 units

Therefore Worst case will be:

Price 1,760

Variable cost per unit 528

Fixed cost 1.92 million

Quantity 72,000 units

The Bell Weather Co. is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 20 percent a year for the next 4 years and then decreasing the growth rate to 5 percent per year. The company just paid its annual dividend in the amount of $2.00 per share. What is the current value of one share of this stock if the required rate of return is 5.70 percent

Answers

Answer:

Current market value =$40.6

Explanation:

The Dividend Valuation Model is a technique used to value the worth of an asset. According to this model, the worth of an asset is the sum of the present values of its future cash flows discounted at the required rate of return.

PV of dividend from year 1 to 4

Year                                                             Present Value

1                 2 × (1.2) ×(1.057)^(-1) =                 2.27

2                  2 × (1.2)^2×(1.057)^(-2)=              2.58

3                 2 × (1.2)^3×(1.057)^(-3) =                2.93

4                  2 × (1.2)^4×(1.057)^(-4)  =             3.32

Total PV =                                                           11.10

PV of dividend from year 1 to 4 = 11.10

PV of dividend from year 5 and beyond

This will be done in two steps:

Step 1: PV (in year 4 terms) of  dividends

( 2 × (1.2)^4× (1-0.05) )/(0.057--(0.05)) = 36.82

Step 2 : PV( in year 0 terms) of dividends

=PV in (year 4 terms)× (1+r)^-4

=36.82  × 1.057^(-4) = 29.50

PV of dividend from year 5 and beyond =29.50

Current market value = Total PV of dividend =  11.10 +  29.50  = $40.6

Current market value =$40.6

A stock is selling today for $40 per share. At the end of the year, it pays a dividend of $2 per share and sells for $44. a. What is the total rate of return on the stock?

Answers

Answer:

The total rate of return on the stock is 14%.

Explanation:

The sources of income from a stock are dividends and increase in its value. Therefore, the total rate of return on stock is calculated by dividing the addition of appreciation in the of the stock and dividends paid by the original stock price.

Therefore, the total rate of return on the stock can be calculated using the following formula:

Total rate of return = [(P1 - Po) + D] / Po .......................... (1)

Where;

P1 = Ending stock price = $44

Po = Initial stock price = $40

D = Dividend paid = $2

Substituting the values into equation (1), we have:

Total rate of return = [(44 - 40) + 2] / 44

Total rate of return = [4 + 2] / 44

Total rate of return = 6 / 44

Total rate of return = 0.14, or 14%

The science of designing for efficient and comfortable interaction between a product and the human body is called __________.

Answers

Answer:

The question is lacking the multiple-choice options, below is the complete question and options:

The science of designing for efficient and comfortable interaction between a product and the human body is called __________.

A. the Kazuo principle

B. physical economics

C. the Kotlean method

D. ergonomics

Answer:

The correct answer is:

ergonomics (D)

Explanation:

Ergonomics is the application of the principles of psychology and physiology to the design and engineering of products, processes, or systems, with the aim of reducing human error, increasing productivity and enhancing safety and comfort, by paying particular attention to the human being the thing being interacted with. The ergonomic process involves:

Assessing risk, planning improvements, measuring progress, and scaling solutions.

Ergonomics involves so many disciplines including anthropology, psychology, physiology, sociology, engineering, biomechanics etc.

To gain more in-depth knowledge of ergonomics, I suggest you look it up.

Prepare journal entries to record the following four separate issuances of stock.

a. A corporation issued 4,000 shares of $20 par value common stock for $96,000 cash.
b. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $20,500. The stock has a $1 per share stated value.
c. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $20,500. The stock has no stated value.
d. A corporation issued 1,000 shares of $50 par value preferred stock for $242,500 cash.

Answers

Answer: PLease find answers in explanation column

Explanation:

1. Being issued for common stock at $20 par value

Account                                     Debit                         Credit

Cash                                      $96,000

Common stock  at $20 par value (4000 x 20)            $80,000

Paid in excess capital of par Common stock               $16,000

($96,000 - $80,000)                                                    

2. Being issued for stated stock at $1 to promoters

  Account                                     Debit                         Credit

0rganisation expenses              $20,500                

Common stock  at $1 stated  value (2000 x 1)              $2,000

Paid in excess capital of par Common stock

($20,500 - $2,000                                                           $18,500

3. Being issued to promoters at no stated value

Account                                     Debit                         Credit

Organization expenses           $20,500

Common stock, no-par value                                      $20,500    

4. Being issued at preferred stock of $50 par value  

Account                                     Debit                         Credit

Cash                                        $242,500                  

Preferred stock  at $50 par value (1000 x 50)              $50,000

Paid in excess capital of par Preferred stock

($242,500  - $50,000)                                                      $192,500

                         

Which of these conditions helped establish the foundation for a market revolution in the United States

Answers

Question Completion:

Choices: Rapid improvements in transportation and communication; the production of goods for a cash market; and the use of inventions and innovations to produce goods for a mass market.

Answer:

The condition that helped to establish the foundation for a market revolution in the United States is:

Rapid improvements in transportation and communication

Explanation:

Rapid improvements in transportation and communication spurred innovations.  With innovations, capitalism was born.  Innovations needed factories for mass production.  In turn, according to American History, "factories and mass production increasingly displaced individual artisans and farmers," who survived at subsistent levels.  Large farms grew and produced crops for distant markets, no longer only for family and local markets.  Most of the crops were further processed, packaged, preserved, and shipped through cheap transportation systems like the Erie Canal, using steamboats.  And the rest, they say, is history.

Harwell Company manufactures automobile tires. On July 15, 2018, the company sold 1,300 tires to the Nixon Car Company for $50 each. The terms of the sale were 3/10, n/30. Harwell uses the gross method of accounting for cash discounts. Required: 1. Prepare the journal entries to record the sale on July 15 (ignore cost of goods) and collection on July 23, 2018. 2. Prepare the journal entries to record the sale on July 15 (ignore cost of goods) and collection on August 15, 2018

Answers

Answer and Explanation:

The Journal entry is shown below:-

1. a. Accounts Receivable Dr, $65,000 (1,300 × $50)

            To Sales revenue $65,000

(Being sales revenue is recorded)

b. Cash  Dr, $63,050

    Sales discount Dr, $1,950 ($65,000 × 3%)

              To Accounts Receivable $65,000

(Being collection  is recorded)

2. a. Accounts Receivable Dr, $65,000

              To Sales revenue $65,000

(Being sales revenue is recorded)

Cash Dr, $65,000

            To Accounts Receivable $65,000

(Being collection is recorded)

1. A research project began with the selection of women who had recently had abdominal surgery. The project matched those women with controls and continued with measurements of abdominal muscle strength for both groups every three months for a year. This project was: A. Prospective study B. Retrospective study C. Experimental study D. Cross sectional study

Answers

Answer:

Abdominal rectus diastasis is a condition where the abdominal muscles are separated by an abnormal distance due to widening of the linea alba causing the abdominal content to bulge. It is commonly acquired in pregnancies and with larger weight gains. Even though many patients suffer from the condition, treatment options are poorly investigated including the effect of physiotherapy and surgical treatment. The symptoms include pain and discomfort in the abdomen, musculoskeletal and urogynecological problems in addition to negative body image and impaired quality of life. The purpose of this review was to give an overview of treatment options for abdominal rectus diastasis.

Results: The first treatment step is physiotherapy. However, evidence is lacking on which regimen to use and success rates are not stated. The next step is surgery, either open or laparoscopic, and both surgical approaches have high success rates. The surgical approach includes different plication techniques. The recurrence and complication rates are low, complications are minor, and repair improves low back pain, urinary incontinence, and quality of life. Robotic assisted surgery might become a possibility in the near future, but data are still lacking.

Conclusions: Evidence on what conservatory treatment to use is sparse, and more research needs to be done. Both open and laparoscopic surgery have shown positive results. Innovative treatment by robotic assisted laparoscopic surgery has potential, however, more research needs to be done in this area as well. An international guideline for the treatment of rectus diastasis could be beneficial for patients and clinicians.

Keywords: rectus diastasis, treatment options, physiotherapy, surgery, abdominoplasty, laparoscopy, robot assisted surgery

What is the difference between full absorption costing and variable costing?A. In full absorption costing, all of the non-manufacturing costs are expensed. In variable costing, all of the non-manufacturing expenses are included in the cost of the product.B. In full absorption costing, fixed manufacturing overhead is expensed. In variable costing, fixed manufacturing overhead is included in the cost of the product.C. In full absorption costing, fixed manufacturing overhead is included in the cost of the product. In variable costing, fixed manufacturing overhead is expensed.D. Variable costing must be used for external financial reports while full absorption costing can only be used for internal reporting.

Answers

Answer: C. In full absorption costing, fixed manufacturing overhead is included in the cost of the product. In variable costing, fixed manufacturing overhead is expensed.

Explanation:

Full absorption costing accounts for all the costs involved in making a product including the indirect and the direct costs. That means both variable costs like direct materials and direct labor as well as fixed costs like rent, and insurance are included in the cost of the product.

Variable costing on the other hand expenses fixed manufacturing overhead separately. As a result, Full absorption has a higher cost of inventory than does Variable costing.

ABC Corporation, after many profitable years, declares a one-time special cash dividend of $10.00 per share. After the announcement, the stock is trading at $100 per share. Your customer holds 1 ABC Jan 110 Call. As of the ex date, the customer will have:

Answers

Answer:

1 ABC Jan 100 Call

Explanation:

Although the OCC does not usually adjust the strike price of listed options for regular quarterly cash dividends. This is because they are known quantity that are segmented by the market into options premium.

For special cash dividends, they are not a frequent event hence market does not recognize them. This special cash dividend is $10 per share × 100 shares = $1,000 value per contract. It therefore means that the $1,000 value per contract will be adjusted.

The new strike price will be

= 110 - 10 cash dividend

= 100. It also means that the number of shares covered by the contract does not change.

Carlos and Deborah are farmers. Each one owns a 12-acre plot of land. The following table shows the amount of rye and corn each farmer can produce per year on a given acre. Each farmer chooses whether to devote all acres to producing rye or corn or to produce rye on some of the land and corn on the rest.


Rye Corn
(Bushels per acre) (Bushels per acre)
Carlos 18 6
Deborah 28 7

___________ has an absolute advantage in the production of rye, and _________ has an absolute advantage in the production of corn. Carlos's opportunity cost of producing 1 bushel of corn is___________ bushels of rye, whereas Deborah's opportunity cost of producing 1 bushel of corn is ___________ bushels of rye. Because Carlos has a ___________ opportunity cost of producing corn than Deborah,____________ has a comparative advantage in the production of corn, and____________ has a comparative advantage in the production of rye.

Answers

Answer:

Deborah

Deborah

3

4

lower

Carlos

Deborah

Explanation:

a person has comparative advantage in production if he / she produces at a lower opportunity cost when compared to other people

for carlos

the opportunity cost of producing rye = 6 / 18 = 0.33

the opportunity cost of producing corn = 18 / 6 = 3

for Deborah,

the opportunity cost of producing rye = 7 / 28 = 0.25

the opportunity cost of producing corn = 28 /7 =4

Carlos has a comparative advantage in the production of corn because he produces at a lower opportunity cost when compared with Deborah

Deborah has a comparative advantage in the production of rye because he produces at a lower opportunity cost when compared with Carlos

A person has absolute advantage in production if he produces more quantity of the product when compared to other people.

Deborah has absolute advantage in the production of both rye and corn

The correct statements will be that

1. Carlos has an absolute advantage in the production of Rye

2. Deborah has an absolute advantage over the production of Corn.

3. Carlos' opportunity cost of producing 1 bushel of rye is 3 bushels of rye

4. Deborah's opportunity cost of producing 1 bushel of corn is 4 bushels of rye.

5. Carlos has a lower opportunity cost of producing corn than Deborah.

6. Deborah has a competitive advantage in the production of Corn.

7. Carlos has a competitive advantage in the production of Rye.

The production outputs of Carlos and Deborah suggests that Deborah is a more efficient farmer.

Production output

The production output refers to the total outcome derived from the use of resources available at a given period of time, such that the two different outputs are comparable.

Here, as the production output of Deborah is more in both the cases of production of rye and corn, it can be said that the production output of Deborah is more than Carlos.

Hence, the correct statements regrading the production outputs of Carlos and Deborah are as aforementioned.

Learn more about production output here:

https://brainly.com/question/18948748

Ben and Jerry were shareholders of Water Ice Inc., an S corp. On Jan. 1, 1998, Ben owned 40 shares and Jerry owned 60 shares. Ben sold his shares to Joe for $10,000 on March 31, 1998. The corp. reported a $50,000 loss at the end of 1998.
How much of the loss is allocated to Joe?
A. $20,000
B. $15,060
C. $12,500
D. $10,000

Answers

Answer: $15,060

Explanation:

From the question, we are informed that Ben and Jerry were shareholders of Water Ice Inc., an S corp. On Jan. 1, 1998, Ben owned 40 shares and Jerry owned 60 shares.

We are further told that Ben sold his shares to Joe for $10,000 on March 31, 1998 and that the corp. reported a $50,000 loss at the end of 1998. The loss that will be allocated to Joe will be:

= $50,000 × 40% × 9/12

= $50,000 × 0.4 × 0.75

= $15,000

The closest figure we have close to that is $15,060 which is option B

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