Of the 1,600 units sold during the period, 300 were from the beginning inventory; 500 from the first purchase; 600 from the second purchase; and 200 from the last purchase. Using the first-in, first-out costing method, the value of the inventory on hand at the end of the period would be
Answers
Answer: $2,750
Explanation:
Relevant data is attached.
If they were using the First-in, first-out costing method, it means that the earlier goods would have been sold first.
If they sold 1,600 units, this means that the following were sold;
300 from the beginning inventory; 500 from the first purchase; 700 from the second purchase; and 100 from the last purchase.
The ending inventory is therefore 500 units from the third purchase;
= 500 * 5.5
= $2,750
Related Questions
In the context of managing inventories in supply chains,__________is the time between placement of an order and its receipt.
a. The lead time
b. A time series
c. The changeover time
d. A time horizon
Answers
Answer:
a. The lead time
Explanation:
The lead time is the time that shows the difference between the time at which the process gets started and the time at which the process get finished. This can be reviewed in the manufacturing, supply chain management at the time when there is a prior processing, within processing and after processing
Therefore according to the given situation, the option a is correct
hence, all the other options are incorrect
=
What are some of the reasons that work teams have become more prevalent in todayâs organizations? How do they provide a competitive advantage?
Answers
Answer: working as a team sets up organizations for outstanding success and Improvement of team members
Explanation:
Working as a team has been a great help for most organizations. It's been realized that success experienced by many firms has been a result of what the teams accomplished when they worked together on a project, here are some reasons why they become prevalent;
1) Unity is being fostered within their activities, everyone is able to understand each other and know how to cooperate with the other
2) Productivity and efficiency is usually on the high as teams that work together put in a lot of energy to be productive in many efficient ways
3) There is an opportunity to learn from the group, thereby improving the skills of everyone on the group
They provide a competitive advantage when they work together, with everyone's effort, progress, success and achievement's are bound to occur.
talk about your experience as a leader of a team at school?
Answers
Answer:
ehhh its pretty lame ngl
Explanation:
but its also fun lol
Blinding Light Co. has a project available with the following cash flows: Year Cash Flow 0 −$35,070 1 7,970 2 9,570 3 13,560 4 15,610 5 10,340 What is the project's IRR?
Answers
Answer:
The project's IRR is 17.28%
Explanation:
IRR is the discount rate at which the NPV of the project's cash flow becomes zero. ThNPV calculated using discount rate below IRR is positive and over IRR is negative.
To calculate the IRR using the following formula
IRR = Lower Rate + ( Lower rate NPV / ( Lower rate NPV - Higher rate NPV ) ) x ( Higher rate - Lower rate )
Now calculate the NPV two different rates
NPV at 17%
Year___Cash Flows__Preser value factor 17%__Present value
0______($35,070)___( 1 + 17%)^-0 = 1 _________($35,070)
1_______$7,970____ ( 1 + 17%)^-1 = 0.8547 _____$6,812
2_______$9,570____( 1 + 17%)^-2 = 0.7305 ____$6,991
3_______$13,560___ ( 1 + 17%)^-3 = 0.6244 ____$8,466
4_______$15,610____( 1 + 17%)^-4 = 0.5337 ____$8,330
5_______$10,340____( 1 + 17%)^-5 = 0.4561____ $4,716
NPV ___________________________________ $246
NPV at 18%
Year___Cash Flows__Preser value factor 18%__Present value
0______($35,070)___( 1 + 18%)^-0 = 1 _________($35,070)
1_______$7,970____ ( 1 + 18%)^-1 = 0.8475 _____$6,754.24
2_______$9,570____( 1 + 18%)^-2 = 0.7182 _____$6,873.03
3_______$13,560___ ( 1 + 18%)^-3 = 0.6086 ____ $8,253.04
4_______$15,610____( 1 + 18%)^-4 = 0.5158 _____$8,051.46
5_______$10,340____( 1 + 18%)^-5 = 0.4371_____ $4,519.71
NPV ___________________________________ ($618.52 )
Nox place the values in the formula
IRR = 17% + ( ( $246 / ( $246 - ( - 618.52 ) ) ) x ( 18% - 17% )
IRR = 17.28%
A stock had returns of 5.10%, 31.60%, and -21.20% in each of the past three years. Over the past four years, the arithmetic average annual return for the stock was 4.75%. What was the geometric annual return for the stock over the past four years?a. 2.91% (plus or minus 0.02 percentage points)b. 3.06% (plus or minus 0.02 percentage points)c. 3.37% (plus or minus 0.02 percentage points)d. 5.07% (plus or minus 0.02 percentage points)e. None of the above is within 0.02 percentage points of the correct answer
Answers
Answer:
The correct option is c. 3.37% (plus or minus 0.02 percentage points).
Explanation:
Note that since we are asked to find the geometric annual return for the stock over the past four years but we are only given the stock returns for each of the past three years, this implies that the stock return to be used for the first year of the past four years will be the arithmetic average annual return for the stock over the past four years.
Therefore, the geometric annual return for the stock over the past four years can now be computed using the following formula:
Geometric average return = {[(1 + r1) * (1 + r2) * (1 + r3) * (1 + r4)]^(1/4)} - 1 ....... (1)
Where;
r1 = Stock return in year 1 = arithmetic average annual return = 4.75%, or 0.0475
r2 = Stock return in year 2 = 5.10%, or 0.0510
r3 = Stock return in year 3 = 31.60%, or 0.3160
r4 = Stock return in year 4 = -21.20%, or -0.2120
Substituting the values into equation (1), we have:
Geometric average return = {[(1 + 0.0475) * (1 + 0.0510) * (1 + 0.3160) * (1 - 0.2120)]^(1/4)} - 1
Geometric average return = 1.14166543988^(1/4) - 1
Geometric average return = 1.03367666813442 - 1
Geometric average return = 0.03367666813442, or 3.367666813442%
Rounding to 2 decimal places, we have:
Geometric average return = 3.37%
Therefore, the correct option is c. 3.37% (plus or minus 0.02 percentage points).
Which is NOT a type of written communication used in the business world?
A. Letters and emails
B. Brochures and advertisements
C. PowerPoints and memos
D. All of the above ARE used in the business world
I'll mark Brainliest
Answers
Answer:
D) All of the above
Explanation:
This because, Letters and emails are written ways to communicate with co-workers, friends, & family, brochures and advertisements are ways to communicate your idea or business production to other people to see and buy, powerpoints are ways to show a visual of what your product is and present it in a professional manner., and memos are written messages to help you remember something that's you would later present or use during business.
A project has an initial cost of $2,400. The cash inflows are $0, $1,600, $1,100, and $700 over the next four years, respectively. What is the payback period?
Answers
Answer:
It will take 2.73 years to cover the initial investment.
Explanation:
The payback period is the time required to cover the initial investment:
Year 1= 0 - 2,400= -2,400
Year 2= 1,600 - 2,400= -800
Year 3= 1,100 - 800= $300
To be more accurate:
(800/1,100)= 0.73
It will take 2.73 years to cover the initial investment.
The Susan Hansen Group in St. George, Utah, sells $16,000,000 of single-family homes and townhomes a year. If single-family homes, with an average selling price of $250,000, sell 3.5 times more often than townhomes, with an average selling price of $190,000, how many of each are sold?
Answers
Answer:
52.605 family homes are sold
Explanation:
Let townhomes be x. The selling price is x(190,000). Family home has 3.5, more often than townhomes is 3.5x. The selling price is 3.5x(250,000). A year of single family homes and townhome are sells 16,000,000
3.5x(250,000) =x(190,000) = 16,000,000
875,000x + 190,000x = 16,000,000
1,065,000x = 16,000,000
x = 16,000,000 / 1,065,000
x = 15.03
So, 15.03 townhomes are sold
Hence, the family homes is 3.5x
3.5x = 3.5(15.03)
= 52.605
Therefore, 52.605 family homes are sold
The cost that varies depending on the values of the decision variables is a: ____________
a. dual cost.
b. sunk cost.
c. relevant cost.
d. reduced cost.
Answers
Answer:
The cost that varies depending on the values of the decision variables is a: ____________
c. relevant cost.
Explanation:
The relevant cost affects a decision outcome. It is not like the sunk cost, which is fixed in total, no matter the decision being made. A relevant cost is also known as a differential or incremental cost, because it makes a different under some decision alternatives. Relevant costs are important to consider whenever a business entity is making a buy or make decision. Relevant costs have their unit costs fixed while the total costs vary according to the alternatives.
Expenses and losses that are added back to net income because they do not actually use cash of the the company.
Answers
Answer and Explanation:
As we know that the expenses and losses contains the normal debit balance. At the time when they added back to the net income as they do not use the company cash so it would be shown in the non-cash charges or expenses as it is a non-cash expense because of not using the company cash
Therefore the same is to be considered
Say the reserve requirement is 20 percent. If you pay back a loan of $10,000 a bank had previously made to you, the act of paying back the loan:_______
a. adds $10,000 in bank reserves.
b. eliminates $2,000 in bank reserves.
c. eliminates $10,000 in bank reserves.
d. adds S2,000 in bank reserves.
Answers
Answer:
a. adds $10,000 in bank reserves.
Explanation:
Given that
Reserve requirement is 20%
Now if you want to pay back the loan of $10,000 so here the act of paying back the loan is that the amount of loan i.e. $10,00 would get added to the bank reserves
Therefore as per the given situation, the option a is correct
And, the same is to be considered
Thus, all the other options are incorrect
Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $11.15, but management expects to reduce the payout by 6 percent per year indefinitely. If you require a return of 12 percent on this stock, what will you pay for a share today
Answers
Answer:
the stock price is $58.23
Explanation:
The computation of the price pay per share today is shown below:
Stock price is
= Current year dividend ÷ (required rate of return - growth rate)
= $11.15 × (1 - 0.06) ÷ (12% - (-6%)
= $10.48 ÷ 18%
= $58.23
Hence, the stock price is $58.23
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Suppose a popular band decides to hold a free concert in its hometown. Admission is available on a first-come, first-served basis. This concert is an example of: multiple choice an artificially scarce good. a public good. a common resource. a private good.
Answers
Answer:
None but a rival goods.
Explanation:
Public goods means a product that cannot reduce the consumption of one person due to the consumption of other person. Providing a free concert is necessarily excludable because it is possible to charge entrance. Only a limited person can attend the concert, so it is a rival goods. The free concert is not a public goods none common resources and private goods
An equal partnership is formed by Rita and Gerry. Rita contributes cash of $10,000 and a building with a fair market value of $150,000, adjusted basis of $55,000, and subject to a liability of $60,000. Gerry contributes cash of $100,000. What amount of gain must Rita recognize as a result of this transaction?A. $35000
B. $65000
C. $70000
D. $25000
E. None of these choices are correct
Answers
Answer:
A. $35000
Explanation:
The computation of the amount of gain that recognized is shown below:
= Value of the building adjusted + cash contributed - building liability + 50% shares on debt
= $55,000 + $10,000 - $60,000 + $60,000 × 50%
= $55,000 + $10,000 - $60,000 + $30,000
= $35,000
Hence, the amount of gain that recognized is $35,000
Therefore the correct option is A.
We simply applied the above formula so that the correct value could come
And, the same is to be considered
You expect to receive $2,600 upon your graduation and will invest your windfall at an interest rate of 0.33 percent per quarter until the account is worth $4,375. How many years do you have to wait until you reach your target account value?
a. 34.55 years
b. 39.49 years
c. 36.86 years
d. 42.53 years
e. 39.68 years
Answers
Answer:
n= 39.49 years
Explanation:
Giving the following information:
Present value (PV)= $2,600
Future value (FV)= $4,375
Interest rate (i)= 0.33/100= 0.0033
To calculate the number of years, we need to use the following formula:
n= ln(FV/PV) / ln(1+i)
n= ln(4,375/2,600) / ln(1.0033)
n= 157.96/4
n= 39.49 years
Your company has been offered credit terms of 4/30, net 90 days. What will be the nominal annual percentage cost of its non-free trade credit if it pays 145 days after the purchase?
Answers
Answer:
itififjdjidkridjdjjr
The financial statement that reports assets liabilities and stockholders Equity as of the last day of the is called:_____.1. Balance Sheet.
2. Income Statement.
3. Statement of Cash Flows.
Answers
Answer:
1. Balance Sheet.
Explanation:
The balance sheet shows the Assets, Liabilities and stockholders equity at the end of a period.
Balance Sheet shows the financial position of a business. The balance sheet follows the concept of the Accounting equation as follow
Assets = Stockholders equity + Liabilities
Formate of a balance sheet is attached with the answer please find it
Employees are most likely to change a job because of:
Answers
Answer:
increasing salary for fullfilling their demand
On July 1, 2008, Blitzer Inc. signed a one-year, 6% interest-bearing note payable for $5,000. Blitzer Inc. has a December 31 yearend. The amount of interest expense that should be reported in the 2008 income statement for this note (rounded to the nearest dollar) would be
Answers
Answer:
interest expense = $150
Explanation:
the journal entry to record accrued interest:
December 31, 2018, accrued interest from note payable
Dr Interest expense 150
Cr Interest payable 150
interest expense = principal x interest rate x time = $5,000 x 6% x 6/12 = $150
Serena is a 38-year-old single taxpayer. She operates a small business on the side as a sole proprietorship. Her 2019 Schedule C reports net profits of $15,624. Her employer does not offer health insurance. Serena pays health insurance premiums of $7,545 in 2019. Serena also pays long-term care insurance premiums of $600 in 2019.
Answers
Explanation:
7,545 + 420 = 7,965
Because Serena is 38 years old, she is limited to $420 on long-term care insurance premium deductible.
Answer:
fgdhdth
Explanation:
Elizabeth Brown is looking to invest in a three-year bond that makes semi-annual coupon payments at a rate of 5.675 percent. If these bonds have a market price of $977.11, what yield to maturity can she expect to earn?
Answers
Answer:
The yield to maturity is 6.53%
Explanation:
The computation of the yield to maturity is shown below:
Given that
Assume future value be $1,000
The Present value is $977.11
PMT = $1,000 × 5.675% ÷ 2 = $28.375
NPER = 3 × 2 = 6
The formula is given below:
= RATE(NPER;PMT;-PV;FV;TYPE)
The present values comes in negative
After applying the above formula, the yield to maturity is
= 3.263% × 2
= 6.53%
Mapping the network of primary trading partners is something that should be done to: _________
a. Review and establish supply chain strategies
b. Obtain point-of-sale information from customers
c. Help the firm decide which businesses to include in its supply chain management efforts
d. Assess and improve internal integration of key supply chain processes
Answers
Answer:
Option c: Help the firm decide which businesses to include in its supply chain management efforts
Explanation:
Mapping the network of primary trading partners helps us to dentify critical supply chain trading partners.
Mapping according to this question is the representation of the plan, it features and sometimes drawn. It gives one a broad understanding about the work/project at hand.
Government patent regulations specify that investors will maintain exclusive legal rights for how long
Answers
Answer:
A limited time
Explanation:
If the inflation rate is positive power is ?. This situation is reflected in the ? Rate of return on an investment, which will be ? The ? Rate of return
Answers
Answer:
If inflation rate is positive, purchasing power of money decreases thus the rate of returns on investment decreases.
Explanation:
WGU manufacturing receives an order for 2000 laptops. Karl, the production planner, realizes the company has no planned orders and has 1500 laptops on-hand. However, Karl has to keep a minimum of 1000 laptops on-hand at all times. Based on this information, what will the MPS reflect for the number of laptops to be produced?
Answers
Answer:
500
Explanation:
The computation of the MPS reflect for the number of laptops to be produced is shown below:
since it is mentioned in the question that there is a minimum of 1,000 laptop is on hand so here 500 should from inventory.
Therefore 500 should be produced for filling the order
Hence, the same is to be considered
Therefore the number of laptops to be produced is 500
Under the liquidity premium theory the shape of the yield curve depends on:_________
a. the relative return of investments in common stocks versus investments in corporate bonds.
b. the size of the federal government's budget deficit.
c. government tax treatment of long-term versus short-term bonds.
d. the expected pattern of future short-term rates and the size of the term premium at each maturity.
Answers
Answer:
Option d: The expected pattern of future short-term rates and the size of the term premium at each maturity
Explanation:
Liquidity premium theory is simply said to be a form of or the interest rate on a long-term bond that will equal an average of short-term interest rates expected to be in existence/ Occurrence in the overall the life of the long-term bond plus a liquidity premium that answers(responsed) to supply and demand conditions for that bond.
Term structure is regarded or said to be the relationship between interest rates and the yeild to maturity, where risk of default is held constant.
Several alternatives are under consideration to enhance security at a county jail. Since the alternatives serve different areas of the facility, all that are economically attractive will be implemented. Determine which one(s) should be selected, based on a B/C analysis using an interest rate of 7% per year and a 10-year study period.
Extra Cameras (EC) New Sensors(NS) Steel Tubing (ST) Access Control (NS)
First Cost, $ 38,000 87,000 99,000 61,000
M & O, $/year 49,000 64,000 42,000 38,000
Benifits $/ year 110,000 160,000 74,000 52,000
Disbenefits, $/year 26,000 21,000 32,000 14,000
Answers
Answer:
The only two projects that actually yield a positive benefit are extra cameras (EC) and new sensors (NS). Since you have to decide based on which project yields the highest return, then you should choose extra cameras (EC) since its IRR is 92% which is the highest.
Explanation:
we have to determine the NPV of each project:
Extra cameras:
initial outlay = -$38,000
net benefit per year (for the 10 year period) = $110,000 - $26,000 - $49,000 = $35,000
NPV = $207,825
IRR = 92%
New sensors:
initial outlay = -$87,000
net benefit per year (for the 10 year period) = $160,000 - $21,000 - $64,000 = $75,000
NPV = $439,768
IRR = 86%
Steel tubing:
initial outlay = -$99,000
net benefit per year (for the 10 year period) = $74,000 - $32,000 - $42,000 = $0
NPV = -$99,000
Access controls:
initial outlay = -$61,000
net benefit per year (for the 10 year period) = $52,000 - $14,000 - $38,000 = $0
NPV = -$61,000
Select the correct answer.
How can a business save on premium paid to insurance companies while also mitigating risk effectively?
A.
by covering all the risks that a business could face
B.
by having a higher deductible
C.
by choosing an unlicensed insurance agent
D.
by making sure no employees take risks in the business
Answers
Answer:
the answer is b
Explanation:
A machine which cost $400,000 is acquired on January 1, 2017. Its estimated salvage value is $100,000 and its expected life is five years.
Required:
Calculate depreciation expense and complete the following schedules for 2017 and 2018 for each of the following methods.
A. Straight Line Depreciation
B. Sum of the Years Digits
Answers
Answer and Explanation:
The computation of the depreciation expense for 2017 and 2018 under the following methods
a. Straight-line method
= (Purchase cost - residual value) ÷ (estimated life)
= ($400,000 - $100,000) ÷ (5 years)
= $60,000
Since the depreciation expense under this method would remain the same for the remaining useful life
So for 2017 and 2018, the depreciation expense i.e. $60,000 would be charged every year.
b. Under the sum-of-the-year-digits method
For 2017,
= ($400,000 - $100,000) × 5 years ÷ ( 5 + 4 + 3 + 2 + 1)
= $300,000 × 5 years ÷ 15 years
= $100,000
For 2018, the book value is
= $400,000 - $100,000
The $100,000 is the depreciation expense of 2017 year
= $300,000 × 4 ÷ 15
= $80,000
You have been managing a $5 million portfolio that has a beta of 1.05 and a required rate of return of 9.775%. The current risk-free rate is 4%. Assume that you receive another $500,000. If you invest the money in a stock with a beta of 0.75, what will be the required return on your $5.5 million portfolio
Answers
Answer:
9.62%
Explanation:
Re = Rf + (B x Rp)
Re = cost of equity = 9.775%
Rf = risk free rate = 4%
B = beta = 1.05
Rp = risk premium = ?
Rp = (Re - Rf) B = (9.775% - 4%)/1.05 = 5.5%
Re portfolio = Rf + {Rp x [(B₁ x $5/$5.5) + (B₂ x $0.5/$5.5)]}
Re portfolio = 4% + {5.5% x [(1.05 x $5/$5.5) + (0.75 x $0.5/$5.5)]}
Re portfolio = 4% + {5.5% x [0.9545 + 0.0682]}
Re portfolio = 4% + 5.6249% = 9.62%