Answer: Chen has 90 days after he receives his "right-to-sue"letter from the EEOC to sue his employer in federal court
Explanation:
From the question, we are informed that The Equal Employment Opportunity Commission (EEOC) investigated Chen's complaint of workplace discrimination against his employer and sent him a notice stating that it found no reasonable cause for his complaint.
Chen's next step if he wants to pursue the claim is that Chen has 90 days after he receives his "right-to-sue"letter from the EEOC to sue his employer in federal court.
A stock has a beta of 1.11, the expected return on the market is 10.5 percent, and the risk-free rate is 4.7 percent. What must the expected return on this stock be?
Answer:
The expected return is 11.14%
Explanation:
Given the beta of the stock = 1.11
The expected return = 10.5 %
The risk-free interest rate = 4.7 %
Now we have to find the expected return by using all the above information. Below is the calculation.
Expected return = risk-free interest rate + Beta value × (Market rate- risk-free rate )
Expected return = 4.7 + 1.11 × (10.5-4.7)
Expected return = 11.14% (Approx).
What insight does ROI give into investment performance? Is it acceptable to lose product on one product, if that product is vital to the sale of an extremely profitable product? Please explain why?
Answer:
ROI = net income / investment
Investors will always prefer a higher ROI, as long as the project's risk doesn't increase due to the higher ROI. E.g. a very low risk project might have a discount rate = 5-6%, while a very risky project might have a discount rate of over 20-30%. The same applies to any type of investment, relatively secure projects or investments will relatively higher ROIs are extremely desirable. But as more people want to invest in them, the returns should fall to a more "normal" level.
Sometimes, you can lose when selling one product if that results in higher gains from selling another product. E.g. on my job we sell paper towels and napkins. Paper towels generally yield very high gains, but napkins usually result in a loss or at best a break even situation. But we use paper napkins as an "incentive" to sell paper towels. If we look at total volume of units, we sell much more paper napkins than paper towel, but paper towel sales yield 30 times more profit (on a per $ basis) than napkins. So we offer our clients a combo of a discount on napkins if they purchase a certain amount of paper towels.
Nexus Industries uses a standard costing system to apply manufacturing costs to its production process. In May, Nexus anticipated producing units with fixed manufacturing overhead costs allocated at per direct labor hour with a standard of direct labor hours per unit. In May, actual production was units and actual fixed manufacturing overhead costs were . What was Nexus' fixed manufacturing overhead volume variance in May?
Answer:
$33,700 (Favorable)
Explanation:
Note: Figures are not inputted. The missing figures have been figured out as below.
"Nexus industries uses a standard costing system to apply manufacturing costs to its production process. In May nexus anticipated 2700 units with fixed manufacturing overhead costs allocated at $8.40 per direct labor hour with a standard of 2.5 direct labor hours per unit. In May, actual production was 3400 units and actual fixed manufacturing overhead cost were $23000. What was nexus fixed manufacturing overhead volume variance in May?"
Solution:
Budgeted fixed overhead costs = Units * Direct labor cost * Standard Direct Labor hours per unit
= 2,700 units * $8.40 * 2.5
= 2,700 units * 21
= $56,700
Fixed manufacturing overhead volume variance = Actual fixed overhead cost - Budgeted fixed manufacturing overhead costs
When Actual fixed overhead = $23,000 , Budgeted fixed overhead costs = $56,700
Fixed manufacturing overhead volume variance = $23,000 - $56,700
= $33,700 (Favorable) .
Attributes of rigorous research can be shared across subjects of study. For example, Collins and Porras (2002) highlight the importance of having a control group when comparing companies in any effort to identify what specific company characteristics are able to distinguish the successful from the ordinary
The correct answer to this open question is the following.
Your question is incomplete. Indeed, there is no question at all, just a statement, and it seems that information is needed. For instance, the text for the referral.
Doing some research I can identify the idea of the question and the correct context is the following.
You have to compare two texts. One from an original source and the other, a text was written by a student. The question asked to compare both texts to see if there is plagiarism or not.
So with that in mind, the correct answer is that there is no plagiarism
The student version paraphrases the original idea, explains it in its own terms, and included proper citation of the text from Collons, J.C., & Porras, J.I. (2002) Built to Last: Successful Habits of Visionary Companies."
Plagiarism happens when you write a text that is not yours, or you do not give credit to the author, pretending it was you the one who wrote it. That is why is necessary to include proper citations in different formats to give the credit to the original author, or that you as student use your own words and ideas to make a notorious difference with the original text.
A manufacturer of microwaves has discovered that female shoppers have little value for microwaves and attribute almost no extra value to an auto-defrost feature. Male shoppers generally value microwaves more than women do and attribute greater value to the auto-defrost feature. There is little additional cost to incorporating an auto-defrost feature. Since men and women cannot be charged different prices for the same product, the manufacturer is considering introducing two different models. The manufacturer has determined that men value a simple microwave at $82 and one with auto-defrost at $148, while women value a simple microwave at $66 and one with auto-defrost at $82.
Suppose the manufacturer is considering three pricing strategies:
1. Market a single microwave, with auto-defrost, at $69, to both men and women.
2. Market a single microwave, with auto-defrost, at $121, to only women.
3. Market a simple microwave to men, at $52. Market a microwave, with auto-defrost, to women at $103.
For simplicity, assume there is only 1 man and 1 woman and that if the price of a microwave is equal to an individual's willingness to pay, the individual will purchase the microwave.
Use the following table to indicate the revenue from men, the revenue from women, and the total revenue from each strategy.
Strategy Revenue from Revenue from Total Revenue from Strategy
Men Women
1. Auto-Defrost
Microwave only at $82
2. Auto-Defrost Microwave
only at $148
3. Simple Microwave at $66,
Auto-Defrost Microwave at $131
Suppose that, instead of one man and one woman, the market for this microwave consisted entirely of men. For simplicity, you can assume this means that there are two men, and no women. Under these conditions, pricing strategy_____would maximize revenue for the manufacturer.
Answer:
For simplicity, assume there is only 1 man and 1 woman and that if the price of a microwave is equal to an individual's willingness to pay, the individual will purchase the microwave.
If the number of male and female buyers is the same, then the best pricing strategy is to offer 2 different microwaves (option 3). One simple and cheap microwave for women and one with auto-defrost for men.Strategy Revenue Revenue Total Revenue
from men from women from strategy
1. Auto-Defrost $82 $82 $164
Microwave only
at $82
2. Auto-Defrost $148 $0 $148
Microwave only
at $148
3. Simple $131 $66 $197
Microwave at $66,
Auto-Defrost
Microwave at $131
Suppose that, instead of one man and one woman, the market for this microwave consisted entirely of men. For simplicity, you can assume this means that there are two men, and no women. Under these conditions, pricing strategy 2. Auto-Defrost Microwave only at $148 would maximize revenue for the manufacturer.
What is the cost of equity for the TMB Corporation based on the following information? Risk premium = 5% Risk free rate = 4% TMB beta: 1.50
Answer:
11.50%
Explanation:
The computation of the cost of equity is shown below:
In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below
Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)
= 4% + 1.5 × 5%
= 4% + 7.5%
= 11.50%
The Market rate of return - Risk-free rate of return) is also known as the market risk premium and the same is applied.
ou purchase a home for $200,000 that you expect to appreciate 6% in value on an annual basis. How much will the home be worth in ten years?
Answer:
$358,169.54
Explanation:
the future value of the house = Present value ( 1 + interest rate)^number of years
$200,000(1 + 0.06)^10 = $358,169.54
the difference between the actual labor rate and the standard labor rate, multiplied by the actual labor hours is the
Answer: Direct Labor Rate Variance
Explanation:
The difference between the actual labor rate and the standard labor rate, multiplied by the actual labor hours is referred to as the Direct Labor Rate Variance.
It should be noted that the labor rate variance in an organization is the responsibility of the human resource department.
Pensacola Inc. exchanged old equipment for new equipment in two exchange transactions. Each transaction has commercial substance.
Old Equipment Cash
Book Value Fair Value Received
Equipment A $ 74,000 $ 81,300 $ 11,300
Equipment B $ 61,600 $ 54,800 $ 10,300
For Equipment B, Pensacola would record a gain/(loss) of:________.
a. $5,300
b. $(6,800)
c. $(7,800)
d. none of these answer choices are correct
Answer:
b. $(6,800)
Explanation:
The computation of the gain or loss for the equipment B is shown below:
= Fair value - book value
where,
Fair value = $54,800
And, the book value = $61,600
Now placing these values to the above formula
So, the gain or loss i.e. to be recorded is
= $54,800 - $61,600
= $6,800 loss
as the fair value is less than the book value so the loss of $6,800 should be recorded
You purchased 1,150 shares of stock in Natural Chicken Wings, Inc., at a price of $43.46 per share. Since you purchased the stock, you have received dividends of $1.01 per share. Today, you sold your stock at a price of $46.71 per share. What was your total percentage return on this investment?
Answer:
9.80%
Explanation:
1,150 shares of stock in Natural chicken wings incorporation was purchased at a price of $43.46 per share
The dividend received is $1.01 per share
Today the stock is sold at a price of $46.71
Therefore, the total percentage return on this investment can be calculated as follows
= ($46.71-$43.46+$1.01/$43.46) × 100
= $4.26/$43.46 × 100
= 0.0980× 100
= 9.80%
Hence the total percentage return on this investment is 9.80%
Majer Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Standard Cost Per Unit Direct materials 6.4 ounces $ 3.00 per ounce $ 19.20 Direct labor 0.4 hours $ 13.00 per hour $ 5.20 Variable overhead 0.4 hours $ 5.00 per hour $ 2.00 The company reported the following results concerning this product in February. Originally budgeted output 4,800 units Actual output 4,900 units Raw materials used in production 30,230 ounces Actual direct labor-hours 1,910 hours Purchases of raw materials 32,600 ounces Actual price of raw materials $ 2.90 per ounce Actual direct labor rate $ 12.40 per hour Actual variable overhead rate $ 4.90 per hour The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The variable overhead efficiency variance for February is:
Answer:
Variable overhead efficiency variance= $250 favorable
Explanation:
Giving the following information:
Standard:
Variable overhead 0.4 hours $ 5.00 per hour $ 2.00
Actual output= 4,900 units
Actual direct labor-hours 1,910 hours
To calculate the variable overhead efficiency variance, we need to use the following formula:
Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate
Standard quantity= 0.4*4,900= 1,960
Variable overhead efficiency variance= (1,960 - 1,910)*5
Variable overhead efficiency variance= $250 favorable
What is crisis management? What distinguishes crisis management from management during ordinary business conditions? What are some principles for leading companies effectively during a crisis?
Explanation:
Crisis management corresponds to the process that managers will have to seek solutions for an organization to go through a period or a situation where there are negative risks to the business.
Crisis management is different from management during normal business conditions, since this is not a management whose focus is to generate positive results by achieving the objectives and goals, crisis management is the planning of action plans aimed at reduce or eliminate adverse situations in a company.
A good leader in a crisis management situation will have to essentially improve his communication skills and strategies, so that the negative effects of anti-crisis actions do not substantially affect employees and their rights, as it is a fact that many times when managing a crisis, the leader will need to reduce the headcount, or cut costs that can mean reduced wages or benefits. Therefore, in order to go through this difficult phase, it is necessary to plan, direct and assertive communication that encourages employees and motivates them to join forces so that integrated people can make the organization recover from the crisis.
Parwin Corporation plans to sell 43,000 units during August. If the company has 18,000 units on hand at the start of the month, and plans to have 19,000 units on hand at the end of the month, how many units must be produced during the month
Answer:
Production= 44,000 units
Explanation:
Giving the following information:
Sales= 43,000
Beginning inventory= 18,000 units
Desired ending inventory= 19,000 units
To calculate the production for the period, we need to use the following formula:
Production= sales + desired ending inventory - beginning inventory
Production= 43,000 + 19,000 - 18,000
Production= 44,000 units
In their business partnership, George has an ownership interest of 55% and Ben has an ownership interest of 45%. In the current year, they purchase equipment for $9900. In order to finance the equipment purchase, George makes a cash contribution of $7400 and Ben makes a cash contribution of $2500 to the partnership. Based on the information provided, which of the following is TRUE regarding the partnership balance sheet?
A) Both George, Capital and Ben, Capital will increase by $9900.
B) George, Capital will increase by $7400 and Ben, Capital will increase by $2500.
C) George, Capital will increase by $9900 and Ben, Capital will remain unchanged.
D) George, Capital will increase by $5445 and Ben, Capital will increase by $4455.
Answer: B) George, Capital will increase by $7400 and Ben, Capital will increase by $2500
Explanation:
The Capital Accounts reflect the investments by the various shareholders in the business. It is based on the worth of what was contributed.
As George made a cash contribution of $7,400, George's capital account must be increased by the same amount of $7,400 to reflect the investment that George has made.
The same goes for Ben.
Peavey Enterprises purchased a depreciable asset for $24,500 on April 1, Year 1. The asset will be depreciated using the straight-line method over its four-year useful life. Assuming the asset's salvage value is $2,500, what will be the amount of accumulated depreciation on this asset on December 31, Year 3? a. $15,125.b. $4,583.c. $22,000.d. $18,333.e. $5,500.
Answer:
a. $15,125
Explanation:
The computation of the accumulated depreciation is shown below:
The formula i.e. be used for the yearly depreciation expense using the straight-line method is shown below:
= (Original cost - residual value) ÷ (useful life)
For the first year
= ($24,500 - $2,500) ÷ (4 years)
= ($22,000) ÷ (4 years)
= $5,500
The 9 months depreciation is $4,125
For the second year
= ($24,500 - $2,500) ÷ (4 years)
= ($22,000) ÷ (4 years)
= $5,500
For the third year
= ($24,500 - $2,500) ÷ (4 years)
= ($22,000) ÷ (4 years)
= $5,500
Now the accumulated depreciation is
= $4,125 + $5,500 + $5,500
= $15,125
The amount of accumulated depreciation on this asset on December 31, Year 3 is a. $15,125.
Depreciable Value = $24,500-$2500
Depreciable Value = $22,000
Per Year depreciation = $22000/4
Per Year depreciation= $5500
Depreciation for year 1 = $5500 x 9/12
Depreciation for year 1 = $4125
Depreciation for year 2 = $5500
Depreciation for year 3 = $5500
Accumulated depreciation on 31st December year 3 = $4125+$5500+$5500
Accumulated depreciation on 31st December year 3= $15,125
Inconclusion the amount of accumulated depreciation on this asset on December 31, Year 3 is a. $15,125.
Learn more about accumulated depreciation here:https://brainly.com/question/1287985
A stock is selling at $40, a 3-month put at $50 is selling for $11, a 3-month call at $50 is selling for $1, and the risk-free rate is 6%.How much, if anything, can be made on an arbitrage?
Answer:
$0.745
Explanation:
GIven that
Current stock price [tex]S_o[/tex] = $40
strike price X = $50
time to expiry of option = 3 - month
put price option [tex]P _o[/tex] = $11
call price option [tex]C_o[/tex] = $1
and the risk-free rate r = 6%
The amount that can be made on the arbitrage can be evaluated as a function of the Put-call parity.
i.e For parity ;
[tex]C_o + (X \times e^{-rt} ) = P_o + S_o[/tex]
[tex]1 + (50 \times e^{-(0.06 \times 0.25} ) = 11 + 40[/tex]
[tex]1 + (50 \times 0.9851 ) = 51[/tex]
[tex]1 + (49.255 ) = 51[/tex]
50.255 = 51
the difference in both values above illustrates that there is no parity taking place and the arbitrage estimation here = 51 - 50.255 = $0.745
Consider the following two mutually exclusive alternatives for reclaiming a deteriorating inner-city neighborhood (one of them must be chosen). Notice that the IRR for both alternatives is 27.19%.
Alternatives
EOY X Y
0 -$100,000 -$100,000
1 $50,000 0
2 $51,000 0
3 $60,000 $205,760
1RR 27.19% 27.19%
a. which alternative should be chosen if MARR is 15% per year
b. If MARR is 15% per year, which alternative is better?
c. What is the IRR on the incremental cash flow [i.e., ∆(Y − X)]?
d. If the MARR is 27.5% per year, which alternative is better?
e. What is the simple payback period for each alternative?
f. Which alternative would you recommend?
Answer:
a) alternative Y should be chosen
b) alternative Y, because its NPV is higher
c) 27.19%
d) alternative X, because its NPV is only -$463 (alternative Y's NPV = - $727)
e) alternative X = 1.98 years
alternative Y = 2.49 years
f) alternative Y because its NPV is much higher when MARR = 15%, and when MARR increased to 27.5%, the difference between both projects' NPV was very small.
Explanation:
a and b)
NPV of alternative X = -$100,000 + $50,000/1.15 + $51,000/1.15² + $60,000/1.15³ = -$100,000 + $43,478 + $38,563 + $39,451 = $21,492
NPV of alternative Y = -$100,000 + $205,760/1.15³ = $35,291
c)
incremental cash flows:
-$50,000
-$51,000
$145,760
TIR = 27.19%
d)
NPV of alternative X = -$100,000 + $50,000/1.275 + $51,000/1.275² + $60,000/1.275³ = -$100,000 + $39,216 + $31,373 + $28,948 = -$463
NPV of alternative Y = -$100,000 + $205,760/1.275³ = -$727
e)
alternative X ⇒ 1 year + ($50,000 / $51,000) = 1.98 years
alternative Y ⇒ 2 years + ($100,000 / $205,760) = 2.49 years
Explain how you can use the knowledge of subject matter experts and your peers to enhance your learning in workplace
Explanation:
Remember, a workplace is an environment not just working but for learning.
For example, subject matter experts (SMEs) are individuals inn a workplace who has special skills or experience on a particular job or topic. So, they can provide necessary assistance through this common methods
oral instructionswritten instructionsvideo based instructionsA persons's peers can also assist with information to do one's job using the above methods.
Gilbert City had the following transactions involving resource inflows into its general fund for the year ended June 30, 20X8:
1. The general fund levied $2,200,000 of property taxes in July 20X7. The city estimated that 2 percent of the levy would be uncollectible and that $180,000 of the levy would not be collected until after August 31, 20X8.
2. On April 1, 20X8, the general fund received $50,000 repayment of an advance made to the internal service fund. Interest on the advance of $1,500 also was received.
3. During the year ended June 30, 20X8, the general fund received $2,000,000 of the property taxes levied in transaction (1).
4. The general fund received $265,000 in grant monies from the state to be used solely to acquire computer equipment. During March 20X8, the general fund acquired computer equipment using $240,000 of the grant. The city has not yet determined the use of the remainder of the grant.
5. During the year ended June 30, 20X8, the general fund received $135,000 from the state as its portion of the sales tax. At June 30, 20X8, the state owed the general fund an additional $22,000 of sales taxes. The general fund does not expect to have the $22,000 available until early August 20X8.
6. In July 20X7, the general fund borrowed $810,000 from a local bank using the property tax levy as collateral. The loan was repaid in September 20X7 with the proceeds from property tax collections.
7. In February 20X8, a terminated debt service fund transferred $30,000 to the general fund. The $30,000 represented excess resources left in the debt service fund after a general long-term debt obligation had been paid in full.
8. On July 1, 20X7, the general fund estimated that it would receive $78,000 from the sale of liquor licenses during the fiscal year ended June 30, 20X8. For the year ended June 30, 20X8, $66,000 had been received from liquor license sales.
9. The general fund received $19,000 in October 20X7 from one of the city’s special revenue funds. The amount received represented a reimbursement for an expenditure of the special revenue fund that the city’s general fund paid.
10. In July 20X7, the general fund collected $81,000 of delinquent property taxes that had been classified as delinquent on June 30, 20X7. In the entry to record the property tax levy in July 20X6, the general fund estimated that it would collect all property tax revenues by July 31, 20X7.
Required:
Prepare a schedule showing the amount of revenue that should be reported by Gilbert City’s general fund on the statement of revenues, expenditures, and changes in fund balance for the year ended June 30, 20X8.
Answer:
Gilbert City
A Schedule showing the amount of revenue in the general fund:
1. July 20X7 Property Taxes $2,200,000
2. Apr. 1, 2018 Interest on Advance 1,500
4. 2018 Grant Monies 265,000
5. June 30 Sales Tax 135,000
5. June 30 Additional Sales Taxes 22,000
6. July 20X7 Liquor Licenses 78,000
Total Revenue $2,701,500
Explanation:
Gilbert City, like other government bodies, reports its transactions on the accrual basis. For Gilbert City, this implies that the city will report all revenues receivable, whether actually received or not. And the city only reports the revenues that pertain to the current fiscal period in the current period. Gilbert City's revenues attributed to past and future years do not form part of the revenue for the current period. Gilbert City's reporting basis is in line with the accrual concept and the matching principle of Generally Accepted Accounting Principles.
Bricks and Mortar Manufacturing produces building materials for local construction contractors. BMM has two production departments (Mixing and Baking) and two service departments (Maintenance and Cleaning). Maintenance costs are allocated based on machine hours used. Cleaning costs are allocated based on square feet of floor space.
The following data is available for BMM:
Mixing:
600 square feet of floor space,
200 machine hours used
Baking:
450 square feet of floor space,
500 machine hours used
Maintenance costs incurred: $4,900
Cleaning costs incurred: $2,300
How much of the Cleaning costs should be allocated to the Baking department?
Answer:
Cleaning costs of baking department = $986 (Approx)
Explanation:
Given:
Mixing: department = 600 square feet of floor
Mixing: department = 200 machine hours used
Baking department = 450 square feet of floor
Baking department = 500 machine hours used
Maintenance costs = $4,900
Cleaning costs = $2,300
Find:
Cleaning costs of baking department
Computation:
Cleaning costs of baking department = [Baking department area / Total area]Cleaning costs
Cleaning costs of baking department = [450 / (450 + 600)]2,300
Cleaning costs of baking department = [0.4286]2,300
Cleaning costs of baking department = 985.78
Cleaning costs of baking department = $986 (Approx)
Kosakowski Corporation processes sugar beets in batches. A batch of sugar beets costs $91 to buy from farmers and $17 to crush in the company's plant. Two intermediate products, beet fiber and beet juice, emerge from the crushing process. The beet fiber can be sold as is for $48 or processed further for $38 to make the end product, industrial fiber that is sold for $86. The beet juice can be sold as is for $67 or processed further for $45 to make the end product, refined sugar that is sold for $134. How much more profit (loss) does the company make by processing one batch of sugar beets into the end products industrial fiber and refined sugar
Answer:
$29
Explanation:
The computation of the more profit or loss via processing one batch of sugar to the end products is shown below:
= Total sale in the case when it is processed further - processing cost
where,
Total sale in the case when it is processed further is
= $86 + $134
= $220
And, the processing cost is
= $91 + $17 + $38 + $45
= $191
So, the profit is
= $220 - $191
= $29
Suppose the minimum possible price of constructing homes is $50 per square foot. As a result of a sharp drop in the demand for home construction, the equilibrium price of home construction falls to $40 per square foot. Assuming the home construction industry is perfectly competitive and there are no specialized inputs, firms will:
Answer:
some firms will exit the industry
Explanation:
if the minimum possible price of constructing homes = $50 per square foot, it means that the marginal cost of building a square foot is $50. If the selling price is less than the marginal cost, then some firms will inevitably have to exit the industry. No firm can remain at an industry when its marginal costs are higher than its marginal revenue.
As supply lowers, the equilibrium price should increase, and some firms might return to the industry.
All About Animals has two product lines: Cat food and Dog food. Contribution margin income statement data for the most recent year follow: Total Cat Food Dog Food Sales revenue $85,000 Variable expenses $40,000 Contribution margin $45,000 Fixed expenses $52,000 Operating income (loss) $ $(7,000) Assuming the Dog food is discontinued, total fixed costs remain unchanged, and the space formerly used to produce the line is rented for per year, how will operating income be affected?
Answer:
Increase in operating income by $12,000
Explanation:
The above is an incomplete question because the value for 'space normally used to produce the rented line' is missing. However, I assumed the value is $26,000 per year as gotten from the internet -Chegg.
Given the above information, the operating income can be affected as calculated below;
Sales revenue $85,000
Add additional revenue $26,000
Total revenue $11,1000
Less: variable expenses ($40,000)
Contribution margin $71,000
Less: fixed expense ($52,000)
New net operating income
$19,000
Less: Original operating income
($7,000)
Increase in operating income
$12,000
Which pricing strategy has the advantage of being simple to calculate but has the disadvantage of ignoring demand and competitive conditions
Answer: cost based pricing
Explanation:
Cost-based pricing is when the pricing is based on the production cost, the manufacturing cost and also the distribution cost.
The price of such good or service will be derived when a fraction of the manufacturing costs is added to the selling price. This sum will be required to generate the profit for the product.
Even though it is easy to calculate, it ignores demand and competitive conditions.
Ottawa, Inc. provides the following data: 2019 2018 Cash Accounts Receivable, Net Merchandise Inventory Property, Plant, and Equipment, Net Total Assets For the year ending December 31, 2019: Net Credit Sales Cost of Goods Sold () Gross Profit Calculate the days' sales in inventory for 2019. (Use 365 days for any calculations. Round any intermediate calculations and your final answer to two decimal places.)
Answer:
days sales in inventory = 85.88 days
Explanation:
The numbers are missing, so I looked for a similar question:
"Ottawa, Inc. provides the following data: 2019 2018 Cash $23,000 $22,000 Accounts Receivable, Net 37,000 37,000 Merchandise Inventory 55,000 25,000 Property, Plant, and Equipment, Net 127,000 96,000 Total Assets $242,000 $180,000 For the year ending December 31, 2019: Net Credit Sales $300,000 Cost of Goods Sold (170,000) Gross Profit $130,000"
first we must determine the inventory turnover ratio:
inventory turnover ratio = COGS / average inventory
average inventory = ($55,000 + $25,000) / 2 = $40,000
COGS = $170,000
inventory turnover ratio = $170,000 / $40,000 = 4.25
days sales in inventory = 365 / inventory turnover ratio = 365 / 4.25 = 85.88 days
Caddie Manufacturing has a target debt-equity ratio of .35. Its cost of equity is 12 percent, and its pretax cost of debt is 6 percent. If the tax rate is 21 percent, what is the company’s WACC?
Answer:
10.12%
Explanation:
The computation of the WACC is shown below:
= Cost of debt × (1 - tax rate) × weight of debt + cost of equity × weight of equity
= 6% × (1 - 0.21) × 0.35 ÷ 1.35 + 12% × 1 ÷ 1.35
= 1.23% + 8.89%
= 10.12%
We simply multiplied the capital structure with each of its weight so that the WACC could come and the same is to be considered
The management of Lanzilotta Corporation is considering a project that would require an investment of $280,000 and would last for 6 years. The annual net operating income from the project would be $114,000, which includes depreciation of $31,000. The scrap value of the project's assets at the end of the project would be $25,000. The cash inflows occur evenly throughout the year. The payback period of the project is closest to (Ignore income taxes.): (Round your answer to 1 decimal place.)
A. 1.9 years
B. 2.5 years
C. 1.6 years
D. 3.2 years
Answer:
The correct answer is D.
Explanation:
Giving the following information:
Initial investment= $280,000
Cash flow= 114,000 - 31,000= 83,000
The payback period is the time required to cover for the initial investment.
Year 1= 83,000 - 280,000= -197,000
Year 2= 83,000 - 197,000= -114,000
Year 3= 83,000 - 114,000= -31,000
Year 4= 83,000 - 31,000= 52,000
To be more accurate:
(31,000/83,000)*365= 136
3.37 years
It will take 3 years and 136 days to cover for the initial investment.
Mark and James established a partnership to deal in textiles. Both of them contributed equal capital to the partnership. However, two years later James sold his share of the firm to Mike. Which of the following is permissible?
A) Mark can recover damages from James for selling his interest in the partnership
B) Mike can claim nondisclosure and reclaim the money from James.
C) Mark can recover damages from Mike for buying the James' share.
D) James is entitled to keep the money he received from Mike.
Answer: D. James is entitled to keep the money he received from Mike.
Explanation:
From the question, we are informed that Mark and James established a partnership to deal in textiles. Both of them contributed equal capital to the partnership and that two years later James sold his share of the firm to Mike.
The option that is permissible is that James is entitled to keep the money he received from Mike.
Which type of market is the least likely to have an official currency? closed economy command economy traditional economy mixed market economy
Answer:
It is called "traditional economy" to the set of ideas, systems and economic planning of a basic and customary cut, where decisions are made through a hierarchical structure where the group leader decides based on what he considers as his own and correct , based on religious, traditional or common sense issues.
This type of economy, characteristic of the totalitarian regimes of old, is not used today. Traces of this type of organization are only found in tribal societies in Africa and Asia.
The type of market is the least likely to have an official currency is traditional economy.
What is traditional economy?A traditional economy is an economic system that is rooted in a culture, tradition and needs rather than being centred on profit motive.
The traditional economy is known to be original economic system in which it has factors that helps in shaping the services and goods in terms what the economy produces.
The factors that may influence traditional economy are :
CustomsBeliefsTraditionsCultureHence, the type of market is the least likely to have an official currency is traditional economy.
Learn more about traditional economy here : https://brainly.com/question/2556322
Some countries have had high inflation for a long time. Others have had low or moderate inflation for a long time. Which of the following, at least in theory, could explain why some countries would continue to have high inflation?
a. High inflation countries have relatively small sacrifice ratios and so see no need to reduce inflation.
b. Inflation reduction works best when it is unexpected, and people in high inflation countries would quickly anticipate any change in monetary policy
c. In a country where inflation has been high for a long time, people are likely to have found ways to limit the costs.
d. All of the above are correct.
Answer:
d. All of the above are correct.
Explanation:
Inflation is a quantitative measure of the rate at which the average price level of a basket of selected goods and services in an economy increases over some period of time. High inflation in a country is a function of the rate at which the goods and services increases. From the options, it shows reasons why some countries would continue to have high inflation.