Answer:
The correct answer is the third option: Provides useful information that can serve as a basis for forecasting future performance.
Explanation:
To begin with, the name of "Financial Statement Analysis" refers to a process done by the managers of a company in the field of businesses that focus primarily in the observation of the financial accounts that the organizations has in order to be able to determine better decision so that they could earn better profits in the future avoiding mistakes previously done. Therefore that this type of analysis has the purpose of providing useful information for the managers so that they can establish better ways of acting and performing in the field.
Ware Manufacturing Company produced 2,000 units of inventory in January 2018. It expects to produce an additional 14,000 units during the remaining 11 months of the year. In other words, total production for 2018 is estimated to be 16,000 units. Direct materials and direct labor costs are $64 and $52 per unit, respectively. Ware expects to incur the following manufacturing overhead costs during the 2018 accounting period:
Production supplies $ 20,000
Supervisor salary 160,000
Depreciation on equipment 75,000
Utilities 20,000
Rental fee on manufacturing facilities 45,000
Required
a. Combine the individual overhead costs into a cost pool and calculate a predetermined overhead rate assuming the cost driver is number of units
b. Determine the cost of the 2,000 units of product made in January Complete this question by entering your answers in the tabs below.
Required A Required B
Combine the individual overhead costs into a cost pool and calculate a predetermined overhead rate assuming the cost driver is number of units Predetermined overhead rate per unit < Required A Required B >
Answer:
Total production cost= $266,380
Explanation:
First, we need to calculate the total estimated overhead costs:
total estimated overhead costs= 20,000 + 160,000 + 75,000 + 20,000
total estimated overhead costs= $275,000
To calculate the predetermined manufacturing overhead rate we need to use the following formula:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 275,000 / 16,000
Predetermined manufacturing overhead rate= $17.19 per unit
Finally, we can calculate the total production cost of the 2,000 units made in January:
Total production cost= total unitary cost*number of units
Total production cost= (64 + 52 + 17.19) * 2,000
Total production cost= $266,380
What types of home products are manufactured in your locality? Write with examples..
please help
Explanation:
tell me how I do this question
The kinds of the product apart from food products normally bought by customers for domestic usage could be considered as home products. A further explanation is provided below.
Products such as soap goods, home cleansers, and food packaging things, but not furniture or perhaps even equipment, as well as other similar products, typically not entirely eaten throughout one annum, are much more assurance.The household items using cotton linter encompass healthcare apparel, felt as well as paper of extremely high quality.
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In this exercise you will be evaluating the economic condition of the country and making decisions in order to keep the economy level. The amount of money in circulation has a tremendous effect on the economy and inflation. Imagine if you found $100,000 in cash floating around your front yard. What would you do with it
Shelly could increase the discounting rate to help stabilize the economy. Shelley is the Chairman of the European Reserve. She is in responsible for making Fed choices that will affect the country's economy, and she must base her decisions on current market data.
What is monetary policy?Monetary policy in the United States comprises the Federal Reserve's activities and communications in order to foster optimum employment, steady prices, and moderate long-term interests rates—the three macroeconomic goals that the Congress has authorized the Federal Reserve to pursue.
The president has made repeated public declarations claiming that the business has been performing well in recent years and that the dollar has being strong. Because the president is unwilling to use fiscal strategy to slow the economy, it is up to you to employ monetary policy.
As a result, the increase the discounting rate to help stabilize the economy.
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On May 1, 2020, Friendly Company issued 2,000 $1,000 bonds at 102. Each bond was issued with one detachable stock warrant. Shortly after issuance, the bonds were selling at 98, but the fair value of the warrants cannot be determined.Instructionsa. Prepare the entry to record the issuance of the bonds and warrants.b. Assume the same facts as part (a), except that the warrants had a fair value of $30. Prepare the entry to record the issuance of the bonds and warrants.
Answer:
A. Dr Cash $2,040,000
Dr Discount on Bonds Payable $40,000
Cr Bonds Payable $2,000,000
Cr Paid-in Capital—Stock Warrants 80,000
B. Dr Cash $2,040,000
Dr Discount on Bonds Payable $20,594
Cr Bonds Payable $2,000,000
Cr Paid-in Capital—Stock Warrants $60,594
Explanation:
A. Preparation of the entry to record the issuance of the bonds and warrants.
Dr Cash 2,040,000
[(2,000*$1,000 )*1.02]
($2,000,000 *1.02=2,040,000)
Dr Discount on Bonds Payable $40,000
[(1 – .98) *$2,000,000]
Cr Bonds Payable $2,000,000
(2,000*$1,000 )
Cr Paid-in Capital—Stock Warrants 80,000
[$2,040,000 – ($2,000,000 * .98)]
(Being to record issuance of the bonds and warrants)
b. Preparation of the Journal entry Assume the same facts as part (a), except that the warrants had a fair value of $30
First step is to calculate the Total market value
Market value of bonds without warrants $1,960,000
($2,000,000 * .98)
Add Market value of warrants $60,000
(2,000 * $30)
Total market value $2,020,000
($1,960,000+$60,000)
Now let prepare the journal entry
Dr Cash $2,040,000
($2,000,000 *1.02=2,040,000)
Dr Discount on Bonds Payable $20,594
[($2,000,000+$60,594-$2,040,000]
Cr Bonds Payable $2,000,000
(2,000*$1,000 )
Cr Paid-in Capital—Stock Warrants $60,594
[($60,000/$2,020,000)*$2,040,000]
(Being to record issuance of the bonds and warrants)
Explain why income statement can also be called a profit and loss statement. What exactly does the word balance mean in the title of the balance sheet? Why do we balance the 2 halves?
In its fiscal 2016 balance sheet, JetBlue Airways Corporation, reported cash of $443 million at year-end. The statement of cash flows reports that cash increased by $115 million during the year and that net cash flow from operating activities was $1,632 million. What was the cash flow from investing activities during the year
Answer:
There is not enough information to determine the amount
Explanation:
Cash flow statement consist of inflow/outflow from operating activities, financing activities and investing activities. When there is an increase in cash, it means that inflow from the activities are more than the outflow.
When we add increase in cash to beginning cash, it will give closing cash balance. Availability of closing cash balance and increase in cash, beginning cash balance can be computed.
With regards to the above, cash flow from investing activities cannot be computed because cash flow from financing activities is not given. There are two unknown variables here. Cash flow from operating activities and an increase in cash will not help in computing cash flow from investing activities.
Your client tells you, “I fly on planes at least three times a week to lots of different destinations, so I need clothes that are stylish but also won’t show dirt.” Which of these colors is the MOST practical choice in this situation?
A.
black
B.
white
C.
beige
D.
blue
Which controls almost all of the media industry?
a few large companies
government agencies
small broadcasters
innovative entrepreneurs
Product safety has become a hot topic for businesses around the world. The purpose of product safety policies and legislation is to keep consumers safe, with the expectation that product quality is balanced against business profits. How does a company factor these competing expectations and still hold the consumer responsible for safe and effective use of the product
Answer:
The purpose of product safety policies and legislation is to keep consumers safe, with the expectation that product quality is balanced against business profits. How does a company factor these competing expectations and still hold the consumer responsible for safe and effective use of the product? Product safety is a key component of any business.
Explanation:
Your finance professor suggests that you should have $2,500,000 in your retirement portfolio before you even THINK about retiring. Recently, your uncle sold valuable California real estate and handed you a check for $300,000. (This is the amount you have after paying taxes. He is now your favorite uncle.) How much of the $300,000 must you set aside today if you invest a portion of the money at an annual rate of 8.0% and you wish to retire in 35 years with the amount suggested by your finance professor
Answer:
the present value is $169,086.35
Explanation:
The computation of the present value is as follows:
As we know that
Present value = Future value ÷ (1 + rate of interest)^number of years
= $2,500,000 ÷ (1 + 0.08)^35
= $169,086.35
Hence, the present value is $169,086.35
It could be simply calculated by applying the above formula
Kaitlin manages the organization’s employee-related actions to ensure compliance with equal opportunity laws and regulations as well as organizational affirmative action plans. Part of her job also involves managing diverse groups of people within the organization. Kaitlin’s human resource management specialty is ______.
Answer:
C. the legal environment
Explanation:
Since in the question it is mentioned that the compliances that have laws and regulations are complied also the actions plans is also enforced or not. In addition to this, her job part includes the diverse group of people so here her speciality is in the legal environment as the laws, regulations, actions plans are considered
10 Characteristics of a Successful Entrepreneur
Answer:
1.creativity
2.professionalism
3.risk taaking
4.passion
5.planning
6.knowledge
7. social skills
8.open mindedness towadrs learning, people and even failure
9.emphaty
10.the customer is everything
Explanation:
HOPE IT HELPS ( dont judge people if their answer is not correct )(◍•ᴗ•◍)❤
which document might you include along with your resume to give additional information about your qualifications for and interest in the job ?
a.cover letter
b.follow-up letter
c.employer evaluation
d.interviwe questins
Answer:
a
Explanation:
We should include cover letter along with our resume to give additional information about our qualifications for and interest in the job. Thus, option a is correct.
What is cover letter?A cover letter is a piece of writing typically included with a job application that summarizes the applicant's qualifications and interest in the position. A cover letter is sometimes one of just two documents given to a potential employer, therefore its quality will determine whether or not the candidate is contacted for an interview.
A strong cover letter enhances a CV by elaborating on points that are pertinent to the position. Essentially, it's a sales pitch outlining why the applicant is the most qualified for the job. Career gurus encourage job seekers to take the time to individually tailor each cover letter for the specific opportunity rather than sending out a mass mailing. Even while it takes more work, this can really make a candidate stand out.
Therefore, we can conclude that option a is correct.
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Cheese is a complement for hamburgers. If the price of hamburgers rises, the quantity of hamburgers demanded ____ , which ___ the demand for cheese. Because of the change in the equilibrium quantity of cheese, the demand for milk by cheese producers ____ , causing the equilibrium price of milk to ___ . This means producers of butter face ____ input prices, and the supply of butter ____ . The resulting ____ in the price of butter causes people to substitute ____ , so the demand for jam ____ .
Answer:
Cheese is a complement for hamburgers. If the price of hamburgers rises, the quantity of hamburgers demanded will fall, which leads to a fall the demand for cheese. Because of the change in the equilibrium quantity of cheese, the demand for milk by cheese producers will decline, causing the equilibrium price of milk to fall. This means producers of butter face lower input prices, and the supply of butter will rise. The resulting decline in the price of butter causes people to substitute jam for butter, so the demand for the jam will decline.
Explanation:
The given example illustrates how the law of demand and supply are co-related especially in the case of complementary goods. As we know, the demand for hamburgers compliments the requirement of cheese. This is why if there is a hike in the prices of hamburgers, the quantity demanded of hamburgers and cheese both will fall as per the law of demand. The decrease in demand for cheese would cause a fall in its equilibrium quantity and it would eventually lead to a significant drop in milk prices as well. Lower input prices of milk will encourage the butter producing firms to produce more butter and its supply will increase and causing people to substitute jam with butter.
On January 1, 2021, Tennessee Harvester Corporation issued debenture bonds that pay interest semiannually on June 30 and December 31. Portions of the bond amortization schedule appear below: Payment Cash Payment Effective Interest Increase in Balance Outstanding Balance 6,286,574 1 370,000 377,194 7,194 6,293,768 2 370,000 377,626 7,626 6,301,394 3 370,000 378,084 8,084 6,309,478 4 370,000 378,569 8,569 6,318,047 5 370,000 379,083 9,083 6,327,130 6 370,000 379,628 9,628 6,336,758 ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ 38 370,000 432,132 62,132 7,264,327 39 370,000 435,860 65,860 7,330,187 40 370,000 439,813 69,813 7,400,000 Required: 1. What is the face amount of the bonds
Answer:
The face amount of the bonds is $7,400,000
Explanation:
The face value or amount of the bonds is the amount that is repaid to the bondholder at the end of the maturity period. The face amount is usually stated on the bond certificate when issued, and the issuer of the bonds is expected to pay this amount at maturity. The amortization schedule of the bonds shows how the interest expense and payments are made and the amortization of either premiums or discounts on the bonds. It helps the issuer to account for the instrument over the maturity period.
The business orientations typical of organizations have evolved over time; in the early years of the United States, a ________ orientation that focused on creation of any type of good was common, while today firms often have a ________ orientation in which they seek to satisfy the high expectations of customers.
Answer:
The answer is "production, market".
Explanation:
In the question, throughout the early years of both the USA a production focus centered mostly on the manufacturing of any sort of product has become popular, but today companies often have a market orientation in which they are seeking to meet strong customer expectations. Through time, companies have developed their business orientations common in organizations.
Which of the following is an example of directive or autocratic management style?
Answer:
The answer is D
Explanation:
why is the study of finance important
Answer:
Studying finance can prepare you not only for careers in the financial services sector, but also for tasks in your everyday life. And because finance revolves around planning and analysis, studying finance and becoming more financially literate enables people to make better personal financial decisions.
Explanation:
For its most recent year a company had Sales (all on credit) of $830,000 and Cost of Goods Sold of $525,000. At the beginning of the year its Accounts Receivable were $80,000 and its Inventory was $100,000. At the end of the year its Accounts Receivable were $86,000 and its Inventory was $110,000.
a) The inventory turnover ratio for the year was?
b) The accounts receivable turnover ratio for the year was?
c) On average how many days of sales were in Accounts Receivable during the year?
d) On average how many days of sales were in Inventory during the year?
Answer:
A. 5 times per year
B. 10
C. 36.5 days
D. 73 days
Explanation:
A. Calculation for what The inventory turnover ratio for the year was
Inventory turnover ratio =$525,000/($100,000+$110,000/2)
inventory turnover ratio =5 times per year
B. Calculation for what The accounts receivable turnover ratio for the year was
Accounts receivable turnover ratio=$830,000/($80,000+$86,000/2)
accounts receivable turnover ratio=10
C. Calculation for On average how many days of sales were in Accounts Receivable during the year
Days sales in Account Receivable=($80,000+$86,000/2)/($830,000/365)
Days sales in Account Receivable=36.5 days
D. Calculation for On average how many days of sales were in Inventory during the year
Days of Sales in Inventory=($100,000+$110,000/2)/($525,000/365)
Days of Sales in Inventory=73 days
What are 2 tools you can use to identify possible issues in quickbooks online company
Answer: Transactional Journal and Audit Log can be used to identify possible issues in a Quickbooks Online Company.
The 2 tools you can use to identify possible issues in quickbooks online company are transactional journal and Audit log.
Accountant Toolbox contains the following Features for all QuickBooks Online Users. They are:
Voided/Deleted transaction- this filters the view of the audit log.Journal entries.Close books.Management reports. etcQuickBooks is simply known as an accounting software package developed and marketed by a company called Intuit.
Its products are targeted toward small and medium-sized businesses and offer on-premises accounting applications and also cloud-based versions.
Conclusively, It can be used for accepting business payments, manage and pay bills, and payroll functions.
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Why does the supply curve slope upward? To answer this question, use the choices below to identify the characteristics of an upward-sloping supply curve. Instructions: In order to receive full credit, you must make a selection for each option. For correct answer(s), click the box once to place a check mark. For incorrect answer(s), click the option twice to empty the box. check all that apply Increasing opportunity costsunanswered Increasing marginal costsunanswered Diminishing marginal utilityunanswered A decrease in resource pricesunanswered An increase in resource pricesunanswered Increasing labor productivity
Answer: Increasing marginal costs
Explanation:
As production increases, so does the marginal cost of production because the marginal cost refers to the additional cost of producing more goods and services.
In order for producers to offer a higher quantity of goods and services therefore, they need to charge a higher price so that they can recover these marginal costs being expended to produce more goods and services.
The video discusses the extensive planning required to meet the operational goals for serving high-qual
foods quickly. The goal of 5 minutes from order-taking to serving each meal is critical to maintaining
Noodles & Company's promise to the customer of high-quality food served quickly. If a meal needs to be
remade due to a processing error, what percent increase is this additional 3.5 minutes
Answer:
..................................................................
Text aids are sources of information regarding the contents of a book or document.
Please select the blest answer from the choices provided
От
Of
Answer:
TRUE
Explanation:
Text aids are sources of information regarding the contents of a book or document a true statements. Thus, option A is correct.
What is a text aid?Text aids provide sources of knowledge on a book's or document's topics. When we first proceed to read it, the knowledge in document aids can assist us to comprehend its meaning.
Most nonfiction texts make use of text aids. Characteristics in the text draw the editor's attention to particular sections and aid in the identification of key concepts.
The reader is provided with additional details that back up it text through the use of illustrations in the form of photos or infographics. This helps in a better understanding of the texts that are provided. Also, it can illustrate a book and also help in giving an example.
Therefore, option A is the correct option.
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Match each type of lending institution to its description.
-consumer finance company
-credit union
-bank
-payday lender
-provides credit only to the organization’s members
-offers short-term credit at very high interest rates
-typically provides credit for purchasing items on an installment basis
-provides credit for a wide variety of purposes and periods of time
The Following are correctly matched with their description:
Consumer Finance Company: typically provides credit for purchasing items on an installment basis. Consumer finance companies are recognized and defined by their operations, which include lending money to customers largely for personal purposes. state small-loan regulations.Credit union: provides credit only to the organization’s members. A credit union is a non-profit financial organization that is owned by the clients it serves.Bank: provides credit for a wide variety of purposes and periods of time. A person or corporation can borrow a certain amount of money from a bank, which is known as bank credit. Credit may be secured or unsecured from a bank.Payday lender: offers short-term credit at very high-interest rates. A payday lender is a business that makes short-term, small-dollar loans with an extremely high-interest rate.Why is it called a payday loan?When a borrower takes out a payday loan, the phrase "payday" refers to the situation where they write the lender a postdated check for their payday wage and then give them some cash in exchange.
Thus, the mentioned above are corrrectly matched with its descriptions.
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Many businesses will set the ________
through their organizational leadership.
A. Human resource policies
B. Company policies
C. Morality procedures
D. Ethical Tone
Answer:
D. Ethical Tone
Explanation:
Ethical tone can be regarded as mood as well as tenor that is been set by leaders about right and wrong choices or between admirable not admirable forms of behaviour in an organization. It should be noted that Many businesses will set the Ethical Tone through their organizational leadership.
How is the Sole Trading business financed?
Answer:
Sources of Finance for a Sole Trader
The sole trader can invest his own savings into his business for expansion. Retained Profit. A profitable business generates a positive net income every year. Sale of Assets.
1. Describe an ethical dilemma related to an employee's behavior at work or work discipline. (1 point)
2. Describe an ethical dilemma related to work quality. (1 point)
3. Describe an ethical dilemma related to employee relations. (1 point)
4. Describe an ethical dilemma related to information and communication. (1 point)
5. Describe an ethical dilemma related to pricing or advertising. (1 point)
Explanation:
Remember, an ethical dilemma put simply, refers to a situation where one has to make a difficult choice about what course of action is the right one to follow among two or more options.
1. For example, an employee witnesses his fellow colleague periodically engaging in dishonest practices that would affect the company negatively. The employee realizes that if he reports the matter, his colleague may lose his job, and if he remains silent then the company would continue to suffer. If he faces
2. A government quality inspector visits a factory and discovers the company uses substandard materials in production. He feels obligated to write this in his report. However, he remembers the company's operations are managed by his best friend's father.
3. A male employee notices workplace discrimination against employees from a particular racial group in the branch where he works, even though company policy condemns such, the local manager doesn't take complaints about the matter seriously. Headquarters has sent representatives to the branch, an opportunity is given to report workplace issues. However, he remembers that the manager showed him a favor by employing him despite his limited work experience when he interviewed for the job some months ago.
4. An employee has a misunderstanding with a fellow employee, he knows he can talk to his immediate supervisor about the matter. However, he feels he would not be given a listening ear, and thus one to meet the overall company manager even though that's not in line with company rules.
5. A sales rep is told by his boss to increase 5x the price of company products in other to make personal profits from the sale. However, the sales rep feels bad about the idea. He feels his boss could influence his stay on the job.
Answer:
the first one is correct... I got it right.. Thank you!
Explanation:
Why is it difficult to change real capital
Answer:
I don't know
Explanation:
can you help me with my question Enter the coordinates of the point on the unit circle at the given angle. 270° ([?], [ ] Enter
Real capital is defined as tangible resources, such as land, that are used in the creation of goods or services. Since the majority of them are fixed, it is exceedingly challenging to grow to their sizes.
What is economics?The term Economics is the study of scarcity and its inferences for the use of resources, manufacture of goods and services, growth of production and welfare over time, and a great diverseness of other complex issues of vital concern to society.
Economic skillfulness is important because it grants businesses to reduce their costs and change their output. For consumers, economic efficiency leads to lower prices for goods and services
Real capital, often known as real capital (economics) Non-financial capital, such as equipment for manufacturers, sewing machines for tailors, or shovels for gravediggers.
Therefore, By the difficulty, To change the real capital the physical tools that aid in the production of goods or services be there.
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9
Select the correct answer from each drop-down menu.
divided by the
Per capita GDP of a country is the
Reset
Next
Answer:
Total of quantity of goods produce, number of citizens
Explanation:
Those are the missing fill in the blank
Answer:
Total of quantity of goods produce, number of citizens
:
what are the functions of business.
A) employee staff support personnel and logistics.
B) employment accounting marketing and management.
C) logistics social media the Internet and staffing.
D) production accounting and finance management administration human resources and sales and marketing.