You borrow $25,000 to be repaid in 24 monthly installments of $1,212.17. The annual interest rate is closest to:

Answer:

Explanation:

Note that quality does not necessarily come quickly, and so even though eliminating the queue of work dramatically quickens the time it takes apart to flow through the system, it may result in excess output and poor quality.

Take for a stadium that has no entrance way (or doors) that is hosting an event, evidently it is less likely there will be a queue, as everyone would be rushing in quickly, but with possible consequences of overpopulation etc.

Answer: Please see answer in explanation column

Explanation:

Number of outstanding shares =73,000

Stock Dividend declared %  14%

Market value per share  $7

a) journal entry to record  the declaration of stock dividend

Account                                             Debit                         Credit

Stock dividend                               $71,540

Commo9n stock divo9dend redistributable                  $20,440

Paid in capital in excess of par  

($71,540 - $20,440)                                                            $51,100    

Calculations

Stock dividend = 73,000 x 14% x $7=$71,540

Common stock dividend redistributable =73,000 X 14% X $2=$20,440

b) journal entry to record  the distribution of stock dividend

Account                                                         Debit             Credit

Common stock dividend redistributable    $20,440                

Common stock                                                                 $20,440

Calculation= Common stock dividend redistributable =73,000 X 14% X $2=$20,440

c) journal entry to record the declaration of cash dividend

Account                                             Debit                         Credit

    Cash dividend                              $58,254

Dividend payable - common stock                                  $58,254              

Calculations

Cash dividend= Numberof shares outstanding×Cash dividend per share

=[73, 000 shares+(73,000 shares×14%)]×$0.70 each

=[73,000 shares+ 10,220 shares]×$0.70 each

=83,220 shares×$0.70 each

= $58,254

​  

d)journal entry to record the payment of cash dividend

Account                                                Debit                         Credit

Dividend payable - common stock   $58,254    

     Cash dividend                                                              $58,254    

Answer:

Journal entries are given below

Explanation:

July 1, Year 1 (Yellow Rose Corp. purchased a machine)

                                            DEBIT      CREDIT

Machine                            $28,000  

Cash                                                     $28,000

Working

Cost of machine = Purchase price + Sales tax + Installation

Cost of machine =  $25,000 + $2,000 + $1,000

Cost of machine =   $28,000

Depreciation for year 1 (October to December)

                                                       DEBIT      CREDIT

Depreciation Expenses                $1,300  

Accumulated Depreciation                             $1,300

Working

Annual Depreciation expense = (Cost - salvage value) / useful life

Annual Depreciation expense = (28000 - 2000) / 5 = $5,200

Depreciation for 3 months

Depreciation = $5,200 x 3/12

Depreciation = $1300

Sale of the machine

                                                       DEBIT      CREDIT

Cash                                        $14,000  

Loss on Sale                                 $7,500  

Accumulated Depreciation         $6,500  

Machinery                                                       $28,000

Workng

Gain/Loss on sale = Sale proceed - carrying value

Gain/Loss on sale = 14,000 - 21,500

Loss on sale = $7,500

Carrying value = Cost - Accumulated depreciation

Carrying value = 28,000 - 6500 = 21500

Accumulated depreciation = $1,300 + $5,200 = $6,500

Answer:

b. $866

Explanation:

Annual demand from the question = D = $500

the ordering cost = S = $200

then the cost of carrying H = $15

we have to calculate the economic order quantity

= sqr(2*D*S)/H

= sqr(2 x 500 x 200)/25

= sqr(13333.3333)

this equals 115.469

which is approximately 115.5

next we have to calculate inventory ordering cost

= (D * S)/EOQ

= 200 *500/115.5

= 865.5

When approximated becomes $866

The inventory ordering cost using the economic order quantity is: B. $866.

First step is to calculate the Economic order quantity

Economic order quantity =√(2×D×S)/H

Where:

D=Annual demand=$500

S=Ordering cost=$200

H=Holding cost =$15

Let plug in the formula

Economic order quantity =(2 x 500 x 200)/15

Economic order quantity =√200,000/15

Economic order quantity =√13333.3333

Economic order quantity =115.46

Economic order quantity = 115.5 (Approximately)

Second step is to calculate the inventory ordering cost using this formula

Inventory ordering cost= (Annual demand× Ordering cost )/Economic order quantity  

Let plug in the formula

Inventory ordering cost= (200×500)/115.5

Inventory ordering cost=100,000/115.5

Inventory ordering cost=$865.8

Inventory ordering cost=$866 (Approximately)

Inconclusion the inventory ordering cost using the economic order quantity is: B. $866.

Learn more here:https://brainly.com/question/14498670

Answer:

The marginal propensity to consume is 92 percent.

Explanation:

Marginal propensity to consume (MPC) refers to the additional expenditure on consumption by consumer as a result of an in national income.

That is, MPC is a measure of the proportion or percentage of the additional income that goes consumption expenditure.

MPC can be calculated using the following formula

MPC = ΔC / ΔY ......................................... (1)

Where;

ΔC = Change in consumption = New consumption - Old consumption = $1,168 - $800 = $368

ΔY = Change in income = New income - Old income = $1,400 - $1,000 = $400

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

MPC = $368 / $400 = 0.92, or 92%

Therefore, the marginal propensity to consume is 92 percent.

Answer:

3,000 units

Explanation:

Calculation for How many units are in ending work in process inventory

Using this formula

Ending work in process units =Beginning work in process units + Units started into production - Transferred to the second processing department units

Let plug in the formula

Ending work in process units= 2,300 units + 8,700 units - 8,000 units

Ending work in process units= 3,000 units

Therefore 3,000 units are in the ending work in process inventory in the first processing department at the end of the month.

Answer:

400 favorable

Explanation:

The computation of total direct labor variance is presented below:-

Total direct labor variance = (Standard rate - Standard hours) × (Actual rate - Actual hours)

= ($15 × (2 × 2,200)) - $65,600

= ($15 × 4,400) - $65,600

= $66,000 - $65,600

= 400 favorable

Therefore for determining the total direct labor variance we simply applied the above formula.

Answer:

The additional sale will not conflict with regular sales.

Explanation:

Accept business at a special price if the additional sales conflict regular sales. That is, special price must maintain the status quo or improve it.

Answer:

James and Short LLC

Short's capital account on July 1, 20X1 should be recorded at the fair value of contributed property minus the mortgage liability, which the partnership assumed.

Explanation:

The fair value of contributed property is the current market value of the contributed property by Short.  It is the market value that will determine how the contributed property can be valued.  The market value assumes that the contributed property is being sold in pieces and not as a whole.  This is why the value is considered a fair basis for recognizing the capital contribution of Short into the partnership.

Answer:

Kindly check explanation and attached picture

Explanation:

Real GDP per capita = (Real GDP / Population)

Gobbledigook Real GDP per capita:

2011: ($3500 / 500) = $7

2012: ($8000 / 1000) = $8

2013: ($13,500 / 1,500) = $9

2014: ($20,000 / 2000) = $10

BLAHNIK Real GDP per Capita:

2011: ($11,000 / 1000) = $11

2012: ($20,000/2000) = $10

2013: ($27,000 / 3000) = $9

2014: ($32,000 / 4000) = $8

Answer:

a.                     Computation of cash flow

Earnings before depreciation and taxes    $123,000

Less: Depreciation                                         $41,000

Earnings before taxes                                   $82,000

Less: Taxes ($82,000*35%)                          $28,700

Earnings after taxes                                       $53,300

Add: Depreciation                                          $41,000

Cash Flow                                                      $94,300

b.  If Depreciation = 21,000  

                     Computation of cash flow

Earnings before depreciation and taxes  $123,000

Less: Depreciation                                          $21,000

Earnings before taxes                                    $102,000

Less: Taxes($102,000*35%)                           $35,700

Earnings after taxes                                        $66,300

Add: Depreciation                                           $21,000

Cash Flow                                                        $87,300

Answer:

a. Rate of Return on the portfolio in each scenario:

Scenario Analysis:

Rate of Return

Scenario                Probability    Stocks     Bonds      Return of Return

Recession                  0.20         -5 %           14 %

= 0.20((-5% x 60%) + (14% x 40%)) = 0.0052 =               0.5%

Normal economy      0.60         15                8

= 0.60((15% x 60%) + (8% x 40%)) =  0.0732 =                7.3%              

Boom                         0.20        25               4

= 0.20((25% x 60%) + (4% x 40%) = 0.0332 =                 3.3%

Weights                     1.00          0.60          0.40

b. Expected rate of return =

Recession =                      0.0052

Normal economy =           0.0732

Boom =                             0.0332

Total expected returns = 0.1116 = 11.2%

Mean = 3.72% (11.2%/3)

Variance = 0.001168

Standard Deviation = 0.034 = 0.03

Explanation:

a) Data:

Scenario Analysis:

Rate of Return

Scenario                Probability    Stocks     Bonds

Recession                  0.20         -5 %           14 %

Normal economy      0.60         15                8

Boom                         0.20        25               4

Weights                     1.00          0.60          0.40

b) The rate of return for each portfolio is derived by weighing the securities, adding the resultant figures and applying the scenario probability.  The expected rate of return is the addition of the returns of all the portfolio under the three scenarios.  The step for obtaining the standard deviation is to calculate the mean, the variance, and getting the square root of the variance.

Answer:

Globalisation

Explanation:

Globalisation occurs when there is integration and interrelation between companies, governments, and people accross the globe. It is referred to as a capitalistic expansion where local individuals and businesses integrate into a global unregulated market.

Advanced in communication and transportation has also facilitated globalisation by easing flow of information and goods across different parties across the world.

Globalisation tends to result in spread of investment, trade, production, communication, and new technology around the world.

Answer: c. $18,000 increase

Explanation:

Department margin was $100,000 in September.

October Margin = Sales - Variable Costs - Traceable Fixed Costs

= (2,000 *( 210 - 25 - 80 - 15) ) - 62,000

= (2,000 * 90) - 62,000

= $118,000

= October Margin - September Margin

= 118,000 - 100,000

= $18,000 increase

Answer: c. If the risk-free rate remains unchanged but the market risk premium increases by 2%, Gretta's portfolio's required return will increase by more than 2%.

Explanation:

To prove the above option, the Capital Asset Pricing Model can be used.

Required Return = Risk free rate + portfolio beta(market premium)

Portfolio Beta

This the weighted average of the individual betas.

Total portfolio value = 700,000 + 300,000 = $1,000,000

= ( 1.2 * 700,000/1,000,000) + ( 0.8 * 300,000/1,000,000)

= 0.84 + 0.24

= 1.08

Required return = 6% + 1.08 ( 5%)

= 6% + 5.4%

= 11.4%

Assuming risk-free rate remains unchanged but the market risk premium increases by 2%.

Required return = 6% + 1.08 ( 5% + 2%)

= 6% + 7.56%

= 13.56%

The change in required return

= (13.56% - 11.4%)/11.4%

= 18.9%

Proving that if the risk-free rate remains unchanged but the market risk premium increases by 2%, Gretta's portfolio's required return will increase by more than 2%.

Answer:

The trader should orders to buy ABC stock or take a long position to the stock.

Explanation:

The stock has been fluctuating for 3 months, hence, its value should be well analysed. Now if there is a breakout through the support level, usually with a good quarterly performance report, the stock is likely to go "bull". Buying and holding the stock is a rational decision.

Answer:

22%

Explanation:

The formula to compute the accounting rate of return is shown below:

= Average net income ÷ average investment

where,  

Average net income is

= Total income ÷ number of years

= $148,500 ÷ 5 years

= $29,700

And, the average investment would be

= (Cost - salvage value) ÷ 2

= ($300,000 - $30,000) ÷ 2

= $270,000 ÷ 2

= $135,000

Now put these values to the above formula  

So, the rate would equal to

= $29,700 ÷ $135,000

= 22%

Answer:

Advisor A

Explanation:

t bill rate = 0.05

market rate = 0.13

the beta of the market is always 1

the rate of return= 0.05 + (0.13 - 0.05) x 1

= 0.13

which is 13%

this is for advisor A.

with a return of 20% and 1.5 beta

0.05 + ( 0.20 - 0.05) x 1.5

= 27.5% for advisor b

when the return is 15% and beta is 1.2

0.05 + (0.15 - 0.05) x 1.2

= 17%

Therefore advisor a is better

Explanation:

To get her student's attention. Remember, the check 1 2 3 strategy allows teachers to get an inside into the students understanding.

However, in this scenario, Ms. House uses the strategy to lower her student's voices, so as to get their attention. She likely started using this strategy at the start of the school year and kept doing it.

Answer:

Direct material= $340

Explanation:

Giving the following information:

Direct labor $540

Beginning work in process inventory $330

Ending work in process inventory $420

Cost of goods manufactured $1620

Manufacturing overhead $830

To calculate the direct material used in production, we need to use the following formula:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

1,620= 330 + DM + 540 + 830 - 420

Direct material= $340

Answer:

Variable manufacturing overhead rate variance= $664 favorable

Explanation:

Giving the following information:

Variable overhead 0.2 hours $ 5.10 per hour

The company used 1,660 direct labor-hours to produce this output. The actual variable overhead cost was $7,802.

To calculate the variable overhead rate variance, we need to use the following formula:

Variable manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity

Actual rate= 7,802/1,660= $4.7

Variable manufacturing overhead rate variance= (5.1 - 4.7)*1,660

Variable manufacturing overhead rate variance= $664 favorable

Answer: Date of declaration

Explanation:

The declaration date is also known as announcement date. The date of declaration is the date when the board of directors announces when the next dividend will be paid.

It should be noted that the statement consist of the size of the dividend, date of the previous dividend and also the next dividend payment date.

Explanation:

Just in time can be understood as a strategic system that fundamentally seeks to achieve continuous improvement of processes by reducing costs and waste.

Its principles are total quality management, respect for people and just in time manufacturing.

Just in time can be understood as a strategic system that fundamentally seeks to achieve continuous improvement of processes by reducing costs and waste.

Its principles are total quality management, respect for people and just in time manufacturing.

In this strategy, the focus is that all activities must be carried out at the exact time, that is, eliminating any waste such as raw material, stock, production, etc., which eliminates costs and reduces failures, increasing all processes organizational changes that guarantee an increase in total quality.

The principle of respect for people is also given by the flexibility that this system gives to employees, by the management of total quality that gives a more dynamic work that guarantees the greatest engagement of employees.

In a transport company, the Just in time system would be effective if it were integrated into all operational areas of the company, involving all work hierarchies.

It would also be essential to have changes in internal policies to ensure that processes are improved in order to eliminate waste, which would require adequate training of employees, the implementation of control technologies, the adoption of a more effective and faster value chain , etc., in order to eliminate waste and increase total quality.

Answer:

B I and IV

Explanation:

Each bond could be transformed into common stock at $10.50 par value. So the bond should be equivalent to the 95 shares that comes from

= $1,000 ÷ $10.50 per share

= 95 shares

Currently price of the bond is $1,050

Now each share price is

= $1,050 ÷ 95 shares

= $11.05

As the common stock is traded at $10 that represents the stock is less than parity and therefore there is no means to transform the shares

hence, B option is correct

Answer:

Expected profit = $298.75 million

Explanation:

To calculate the expected return or expected profits, we will simply multiply the probability of each event by the return expected in that event and take a sum the answers. Thus, the expected profit can be calculated as follows,

Expected profit = Probability of recession ending * Profit if recession ends + Probability of recession not ending * profit or loss if recession does not end

Expected profit = 0.75 * 400  +  0.25 * -5

Expected profit = $298.75 million

Answer:

Instructions are below.

Explanation:

Giving the following information:

Standard quantity:

Direct materials (pounds)= 50,000/4= 12,500 pounds

Direct materials (pounds)= 12,500/5,000= 2.5 pounds per unit

Direct labor (hours)= 36,000/18= 2,000 hours

Direct labor (hours)= 2,000/5,000= 0.4 hours

Actual quantity:

Actual direct materials= (49,600/4)= 9,920 pounds

Actual direct labor= 34,020/18= 1,890 hours

Production= 4,850

To calculate the direct labor quantity variance, we need to use the following formula:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Standard quantity= 2.5*4,850= 12,125

Direct material quantity variance= (12,125 - 9,920)*4

Direct material quantity variance= $8,820 favorable

To calculate the direct labor time variance, we need to use the following formula:

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Standard quantity= 0.4*4,850= 1,940

Direct labor time (efficiency) variance= (1,940 - 1,890)*18

Direct labor time (efficiency) variance= $900 favorable

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

Answer and Explanation:

The statement of cash flow involves 3 kinds of activities mentioned below:

1. Operating activities: Many transactions are based that affect the working capital following net income. It would increase the growth in current assets and a decrease in current liabilities, whereas adding the decrease in current properties and an increase in current liabilities.

This should mitigate any work capital shifts. Furthermore, the cost of depreciation is attributed to the net income and the loss on the sale of assets is attributed while the benefit on the sale of assets is deducted

2. Investing: it monitors activities involving the acquisition and selling of long-term assets. The purchase is cash outflow while the selling is cash inflow

3. Financing activities: it monitors activities that impact on the shareholders' long-term debt and equity balance. Share issue is cash inflow whereas cash outflows are redemption and dividend.

Therefore based on the above explanation, the classification is as follows

1 Financing Activity

2. Operating activity

3 Investing activity

4  Financing Activity

5  Operating activity

6 Investing activity

7  Financing Activity

8  Financing Activity

9  Operating activity

10  Operating activity

Answer:

work specialization

Explanation:

The term being described is known as work specialization. This term, also known as division of labor, is mainly used by companies in order to divide a large job position into smaller, single tasks that can be completed by one individual. The individual that is given such a task is trained thoroughly in order for them to become a specialist in that task and output more precise workloads.

Answer:

5. 11.1%

Explanation:

the options for this question are missing:

I prepared the following equation:

$100,000 = $45,000(1 + i)³ + x(1 + i)⁵

There is something that we must remember about zero coupon bonds, and that is that they are sold in thousands. This equation is complex, but there is an easier way to solve it. We can plug in the options to determine which % will result in a possible answer.

The answer is 11.1%, since the other options resulted in numbers which are not even close to a thousand.

$100,000 = $45,000(1.111)³ + x(1.111)⁵

$100,000 = $61,709.88 + 1.2763x

$38,290.12 = 1.2763x

x = $38,290.12 / 1.2763 = $30,000