Answer:
$11,284 favorable.
Explanation:
With regards to the above, we need to compare the actual overhead paid with the overhead budgeted.
Actual variable overhead paid = $157,700
Budgeted variable overhead [46,940 × $3.60] = $168,984
When we compare the actual variable overhead with budgeted variable overhead, we'll have,
= $157,700 - $168,984
= $11,284 Favourable.
It is favourable because the company paid below the budgeted variable overhead.
Therefore, the variable overhead rate variance is $11,284 favourable.
A company is involved in a lawsuit for which the contingent liability is remote. How should the liability be treated on the balance sheet?
a. It should be disclosed in the notes only.
b. It should not be recorded and need not be disclosed.
c. It should be recorded as a current liability.
d. It should be recorded as a long-term liability.
Answer:
b. It should not be recorded and need not be disclosed.
Explanation:
A contingent liability must be recorded in the balance sheet only if its outcome is very probable and the company can estimate its cost.
If the liability is only possible or its amount cannot be determined exactly, then it must be disclosed in the footnotes.
If the liability is only a remote outcome, or it is unlikely to happen, then it doesn't need to be recorded or disclosed.
1. If rs increases to 10%, what would be the value of the constant growth stock? (Note: D0 is $1.15 and the expected constant growth rate g = 4%.)
Answer: 19.93
Explanation:
The constant growth stock is $19.16. P = D/(r-g), where P is the current price, D is the next dividend to be paid, g is the expected dividend growth rate, and r is the required rate of return for the company.
What is a Constant growth rate?
A constant growth rate is defined as the average rate of return on investment over the time period required to achieve the total growth percentage that an investor seeks.
Given
Rate (r) = 10%
Growth (g) = 4%
Dividend (D) = $1.15
Required to calculate growth stock =?
growth stock P = D/(r-g)
growth stock = 1.15 / (10 - 4) = $19.16
Thus, the constant growth is $19.16. A constant growth rate is defined as the average rate of return on an investment during the time period required to achieve the total growth percentage desired by the investor.
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An entrepreneur founded his company using $200,000 of his own money, issuing himself 200,000 shares of stock. An angel investor bought an additional 100,000 shares for $200,000. The entrepreneur now sells another 400,000 shares of stock to a venture capitalist for $1 million. What is the post-money valuation of the company?
Answer:
the post money valuation of the company is $1,750,000
Explanation:
The computation of the post money valuation is shown below:
Given that
Value of 400,000 shares is $1 million.
So,
The Value of 1 share is
= $1 million ÷ 400,000
= $2.5
And,
Total number of shares is
= 400,000 + 200,000 + 100,000
= 700,000
Now
Total value of shares is
= $2.5 × 700,000
= $1,750,000
hence, the post money valuation of the company is $1,750,000
Compute the takt time for a system where the total time per shift is 480 minutes, there is one shift, and workers are given two 15-minute breaks and 45 minutes for lunch. Daily demand is 300 units.
Answer:
1.35 minutes per cycle
Explanation:
Computation for the Computer Takt time
First step is to compute net time available per shift
( 2 x 15) + 45 = 75 minutes breaks
480 - 75= 405 minutes per shift
Second step is to calculate the Net time available per shift
Net time available per shift = (405 x 1 shifts per day)
Net time available per shift=405
Last step is to calculate the compute the takt time
Using this formula
Compute the takt time= Net time available per day / Daily demand
Let plug in the formula
Compute the takt time= 405 / 300
Compute the takt time= 1.35 minutes per cycle
Therefore the Compute the takt time will be 1.35 minutes per cycle
Under the principle of lower of cost and net realizable value, when a company has 10 units of inventory A with net realizable value of $50 and a cost of $60, what is the adjustment
Answer:
Dr Cost of Goods Sold $100
Cr Inventory $100
Explanation:
Calculation for the Adjustment
Based on the information given we were told that in a situation where a company has 10 units as inventory A which include a net realizable value of the amount of $50 and a cost of the amount of $60 Under the principle of lower of cost as well as net realizable value the adjustment will be:
Dr Cost of Goods Sold $100
Cr Inventory $100
(10 units x $10 price reduction)
Calculation for price reduction
Cost $60
Realizable value $50
Price reduction $10
To use an outline for writing a formal business document, what should you do after entering your bottom-line statement? O A. Move the bottom-line statement to the end of the document. OB. Write a topic sentence for every detail. O C. Enter each supporting detail from the outline on a separate line. O D. Enter each major point from the outline on a separate line.
Answer:
enter each major point from the outline on a separate line
Explanation:
Kk
Answer:
D : Enter Each Major Point From The Outline On a Separate Line
Explanation:
AP3X
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Tallpenny Tower was built in 1985. However, the building has been constantly maintained and remodeled. In valuation terms, the building's _________ age is greater than the building's _________ age.
a) chronological age, effective age
b) effective age, chronological age
c) depreciated age, projected age
d) projected age, depreciated age
Answer:
a) chronological age, effective age
Explanation:
The chronological age of a building is simply how old it is in years: E.g. a house built in year 2000 is 20 years old.
The effective age of a building depends on the condition of the building and how well it has been maintained. E.g. two houses built on year 2000, but one has never gotten any type of maintenance and is really on a bad shape will have a higher effective age than the other house that has been continuously and properly maintained and repaired.
On its first day of trading, Twitter closed at $41.57 per share. Two years later and the price was $26.85, what was the annual return on the stock if returns are compounded daily?
A. 21.86%.
B. -21.85%.
C. -5.99%.
D. -19.63%.
Answer:
B. -21.85%.
Explanation:
Calculation for the annual return on the stock
First step is to calculate the Number of periods
Number of periods = 2 * 365 days in a year
Number of periods= 730
Second Step is to calculate the Daily return using this formula
Daily return = (Future value / initial value)^1/n - 1
Let plug in the formula
Daily return = (26.85 / 41.57)^1/730 - 1
Daily return = (0.645898)^1/730 - 1
Daily return = 0.999401 - 1
Daily return = -0.00059861*100
Daily return = -0.059861%
Last step is to calculate annual return
Using this formula
Annual return=Daily return/ Numbers of days in a year
Annual return = -0.059861% * 365
Annual return = -21.85%
Therefore the annual return on the stock if returns are compounded daily will be 21.85%
What do franchisees typically have to pay to the franchisor?
a. One-time franchise fee
b. Nominal fee for business knowledge
O c. Monthly royalties based on sales
d. One-time franchise fee and monthly royalties based on sales
O e. Approximately half of the franchise's profits each month
Answer:
E because I looked it up
Explanation:
e
Approximately half of the franchise's profits each month the franchisees typically have to pay to the franchisor. Thus, option E is appropriate.
An alliance between a franchisor with a franchisee is known as a franchise. The original company is the franchisor. It promises to sell a license for its name and idea. The franchisee invests in the right to promote and advertise the franchisor's products and services using an established brand business strategy.
If you purchase a franchise either an investor or a franchise, you can operate a business. You receive a format originator system created by the business (franchisor), a license to use its name for a predetermined period, and help in exchange for paying a franchise fee.
Thus, option E is correct.
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A stock had returns of 18.58%, -5.58%, and 20.81% for the past three years. What is the variance of returns?
Answer:
Variance = 0.02141851
Explanation:
We first calculate the mean for the stocks
Mean = (0.1858 - 0.0558 + 0.2081) / 3
Mean = 0.3381 / 3
Mean = 0.1127
Variance = [(0.1858 - 0.1127)^2 + (- 0.0558 - 0.1127)^2 + (0.2081 - 0.1127)^2] / 3 -1
Variance = [0.0731^2 + (-0.1685^2) + 0.0954^2] / 2
Variance = 0.00534361 + 0.02839225 + 0.00910116 / 2
Variance = 0.04283702 / 2
Variance = 0.02141851
The variance of returns is 0.02141851
Aster Inc. uses the LIFO method for calculating its cost of goods sold and inventory. What was the total cost of goods sold on January 27th?
Answer:
The answer is 7,000
Explanation:I got it right on Plato/edmentum
On the 2020 consolidation working paper, eliminating entry (N) recognizes noncontrolling interest in net income of:_________
Answer:
Following are the solution to this question:
Explanation:
Please find the complete question in the attached file.
Credit cost depreciation [tex]= \$ \ 40,000[/tex]
(Detailed: [tex]\frac{400,000}{10}=40,000[/tex])
DR Acc. [tex]40,000[/tex]
CR Dep. Exp.[tex]40,000[/tex] )
This year Amy purchased $2,000 of equipment for use in her business.However, the machine was damaged in a traffic accident while Amy was transporting the equipment to her business.Note that because Amy did not place the equipment into service during the year, she does not claim any depreciation expense for the equipment.
a. After the accident, Amy had the choice of repairing the equipment for $1,800 or selling the equipment to a junk shop for $300.Amy sold the equipment.What amount can Amy deduct for the loss of the equipment?
b. After the accident, Amy repaired the equipment for $800.What amount can Amy deduct for the loss of the equipment?
c. After the accident, Amy could not replace the equipment so she had the equipment repaired for $2,300.What amount can Amy deduct for the loss of the equipment?
Answer:
a. After the accident, Amy had the choice of repairing the equipment for $1,800 or selling the equipment to a junk shop for $300.Amy sold the equipment.What amount can Amy deduct for the loss of the equipment?
Amy can deduct $2,000 - $300 = $1,700 as casualty loss. Casualty losses occur due to unexpected and sudden events that damage or destroy assets.
b. After the accident, Amy repaired the equipment for $800.What amount can Amy deduct for the loss of the equipment?
Amy can deduct $1,800 as casualty loss. She can deduct the lesser between the asset cost and the cost or repairing it.
c. After the accident, Amy could not replace the equipment so she had the equipment repaired for $2,300.What amount can Amy deduct for the loss of the equipment?
Amy can deduct $2,000 as casualty loss. She can deduct the lesser between the asset cost and the cost or repairing it.
If you have to reject a job offer because it isn't what you wanted, what is the best step to take?
a.
Say no at the interview to save the employer time
b.
Do not call the interviewer back
c.
Call the interviewer back, thank them, and give a reason for your answer
d.
Call the interviewer and let them know you would never work for them
Answer:
Call the interviewer back, thank them, and give a reason for your answer
Explanation:
I need help finding a name for my female cat that I get in a week. Any suggestions?
Answer:
AWWW SO CUTEEE!!! and how about Dolly or Lillith?
Explanation:
According to the video, what is the main purpose of Insurance Underwriters’ work?
to protect insurance companies
to investigate insurance claims
to sell insurance policies
to advise individual investors
Answer:
A
Explanation:
just did it lol
Answer:
A. to protect insurance companies
Explanation: Just got done on edge
International trade specialists that buy goods at a discount from a small businesses and resell them abroad are called
A. commission house brokers
B. exporting trade companies
C. business trade unions
D. domestic channel companies
Answer: B. exporting trade companies
Explanation:
Trade unions are the organisations that are out in place so as to protect the interest of workers. They negotiate for better wages and salaries, provide job security, and seek better working conditions for their workers.
Export trading company is simply referred to as an independent company that helps in the provision of support services to the companies that are involved in the exportation of goods and services.
Commission house brokers is simply an individual who helps in representing people who have properties.
Therefore, the answer is exporting trade companies.
When an investor group or institutional investment firm buys stock in a company in anticipation of the stock going up, with no intention of holding the stock as part of a long-term strategy of investing, and then selling the stock to make a quick profit is known as:__________.
a. Shorting stock
b. Capital asset pricing
c. Simplification
d. Derivative inversion
e. Arbitrage
Answer:
The correct answer is the option A: Shorting stock.
Explanation:
To begin with, in the world of the investments the term known as "Short Selling" refers to trading strategy that is famously known due to the fact that is totally speculative because the investor who buys the stock does not plan on keeping it for a long period of time but instead he plans to sell right away once that the price has risen up from its original price. Therefore that when an institutional investment firm buys stock in a company in anticipation of the stock going up with no intention of holding the stock and then selling to make a quick profit then the investors are selling in short
The __________ is an integrated set of actions taken to produce goods or services (at an acceptable cost) that customers perceive as being varied in ways that are important to them.
Answer:
Differentiation strategy
Explanation:
This question defines the differentiation strategy. It is an approach which businesses develop whereby they provide their customers with unique and different goods and services than what other competing firms may have to offer in the market. The main goal is to have an advantage increase in the market compared to others.
____ demonstrates that management has identified an acceptable risk level and provided resources to control unacceptable risk levels.
Answer:
Accreditation
Explanation:
Accreditation is usually known as voluntary process. It occurs when a private non-governmental organization or agency carry out an external review and gives recognition to a program of study or institution that meets certain pre-determined standards. Accreditation is usually carry out thoroughly and in an organized manner.
05. In identifying risks to then manage and control, as the portfolio
manager you are consulting organizational process assets such as:
Paradise Corporation budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in units) are planned for next year. *Three pounds of raw material are needed to produce each unit of finished product. If Paradise Corporation plans to sell 545,000 units during next year, the number of units it would have to manufacture during the year would be:________
a) 492,000 units
b) 545,000 units
c) 575,000 units
d) 515,000 units
Answer: d. 515,000 units
Explanation:
If they plan to sell 545,000 units then given those beginning and ending balances of finished goods, they will have to manufacture;
= Sales + Ending balance - Beginning balance
= 545,000 + 63,000 - 93,000
= 515,000 units
Who influences the total output of the Egyptian economy?
Egyptian Households- Yes/No
Egyptian Firms- Yes/No
Egyptian Government- Yes/No
Answer:
Egyptian house holds yes
Which of the following survey response methods is the most difficult for researchers to code for evaluation:
Answer:
No options are given, but the most commonly used survey response methods are:
Multiple choice questions = generally easy to codeRating scale questions = also easy to code, since response scales have a finite number of choices, e.g. 2 true/false, 3 agree/disagree/undecided, 5 very bad/bad/fair/good/excellent Matrix questions. = are a little bit more complex since they involve several rating scale questions, but it is not something difficult eitherDropdown questions. = similar to multiple choice questionsOpen-ended questions. = this are hard to code since each subject can respond different things, e.g. the thing that I like the most about this project is bla, bla, bla. There are no pre-set answers given to the subjects. THIS TYPE IS THE MOST DIFFICULT TO CODE.Demographic questions = similar to multiple choiceRanking questions = similar to scaled questionsAn entrepreneur invests in his dream business of selling golf-carts. The initial investment is $230,064.00. The entrepreneur expects to generate an annual after-tax cash flow of $55,966.00 in running this business. How long before the project will pay back
Answer:
Folly Beach has long been the epicenter of fun and sun for generations of College of Charleston students.
Taylor Denny (left), Jake Cotreau (center) and Matthew Coda (right).
Taylor Denny (left), Jake Cotreau (center) and Matthew Coda (right).
But for three recent graduates, the quirky little beach town is all about business.
By the time alumni Matthew Coda, Jake Cotreau and Taylor Denny walked across the Cistern stage to receive their diplomas in May 2014 they already knew how and where they planned to begin their careers.
This month the three young entrepreneurs launched Golden Sun Taxi, a fleet of three solar-powered, golf cart taxis that shuttle passengers along the sandy streets of Folly Beach. Aimed primarily at tourists, the business is believed to be the first of its kind in the United States.
Many firms offer substantial rebates by mail or coupons for discounts at the point of sale. The people who use the rebates or coupons have ______ than the people who don't use them.
a. greater price sensitivity.
b. less price sensitivity.
c. inverted price sensitivity.
d. the same price sensitivity.
Answer:
a. greater price sensitivity.
Explanation:
Price sensitivity can be defined as a measure of the degree to which the selling price of a product affects the purchasing behavior of a customer.
This ultimately implies that, a price sensitive customer is impacted negatively by the price of a product and as such would be stuck between making the decision of whether to buy or not buy the product.
Hence, when customers are paying the bill themselves, they are likely to be more price sensitive because they are solely responsible for the payment. Therefore, it's an innate nature of human to be less sensitive to the price of goods and services when it's another person paying for them or say when sharing the cost.
In this scenario, many firms offer substantial rebates by mail or coupons for discounts at the point of sale. Thus, the people who use the rebates or coupons have greater price sensitivity than the people who don't use them.
If the total cost of 3 units is $40 and the total cost of 4 units is $50, the marginal cost of the fourth unit is:
Answer:
$10
Explanation:
Calculation for the marginal cost of fourth unit
Using this formula
Marginal cost = Change in Total cost / Change in number of units
Let plug in the formula
Marginal cost of fourth unit = $(50 - 40) / (4 - 3)
Marginal cost of fourth unit= $10 / 1
Marginal cost of fourth unit= $10
Therefore Marginal cost of fourth unit will be $10
You have $425 today which is enough to buy 17 shirts. If the price of shirts are expected to increase by 2% over the next year, what (precise) nominal rate would you have to earn to be able to buy 20 shirts next year
Answer:
The precise nominal rate you have to earn to be able to buy 20 shirts next year is $510.
Explanation:
a) Data and Calculations:
Earnings today = $425
Number of shirts bought = 17
Therefore, the cost of each shirt = $425/17 = $25
If the price of shirts increases by 2%, the new cost will be $25.50 ($25 * 1.02)
This implies that to be able to buy 20 shirts next year, you will earn $510 ($25.50 * 20).
b) In this case, earnings are influenced by the number and price of shirts needed next year.
CVS has food, health, and beauty products in their store brand offerings. So, they have a large product mix ____.
a. width
b. depth
c. quality
d. price
Answer:
c
Explanation:
You purchase a $325,000 town home and you pay 25 percent down. You obtain a 30-year fixed-rate mortgage with an annual interest rate of 5.75 percent. What’s your monthly payment? After five years, what is the balance of your mortgage loan?
Answer:
kjhgkjhg
Explanation:
