Answer:
Kindly check explanation
Explanation:
Given the following :
Previous year cash flow from operations before interest, depreciation and taxes = $2.0 million
Growth rate (g) = 5% per year
Pretax cashflow per year = 20%
Tax rate = 21%
Depreciation = $260,000
Market capitalization rate = 10%
Outstanding debt = 4 million
Cash flow from operation before interest tax:
Previous year cashflow + (5% growth in previous year)
(2,000,000) + (0.05 * 2,000,000)
(2,000,000 + 100,000) = $2,100,000
Depreciation + growth (5%):
260,000 + (260,000*0.05) = $273,000
Taxable income = cashflow - depreciation
Taxable income = $(2,100,000 - 273,000)
= $1,827,000
Tax amount = 0.21 * 1827000 = $383670
After tax income = (1827000 - 383670):
After tax income = $1,443,330
After tax cash flow from operations :
(After tax unleveraged income + Depreciation)
After tax Cash flow from Operation = $1,443,330 + $273,000 = $1716330
New investment :
20% of pretax cashflow from operation:
0.2 * $2,100,000 = $420,000
Free cash flow = $1716330 - $420,000 = $1,296,330
Present value of all future free cash flow:
Free cashflow / (capitalization rate - growth rate) = 1296330 / (0.1 - 0.05)
= 1296330 / 0.05
= $25,926,600
Hence, value of firm = $25,926,600
Value of equity :
Value of firm - outstanding debt
$25,926,600 - $4,000,000
= $21,926,600
Metlock Inc. wishes to accumulate $1,380,000 by December 31, 2027, to retire bonds outstanding. The company deposits $200,000 on December 31, 2017, which will earn interest at 6% compounded quarterly, to help in the retirement of this debt. In addition, the company wants to know how much should be deposited at the end of each quarter for 10 years to ensure that $1,380,000 is available at the end of 2027. (The quarterly deposits will also earn at a rate of 6%, compounded quarterly.)
Answer:
Quarterly deposit= $18,743.98
Explanation:
i= 0.06/4= 0.015
n= 10*4= 40
First, we need to determine the future value of the $200,000 using the following formula:
FV= PV*(1+i)^n
FV= 200,000*1.015^40
FV= $362,803.68
Now, we calculate the quarterly deposit to cover for the difference:
Difference= 1,380,000 - 362,803.68= $1,017,196.32
FV= {A*[(1+i)^n-1]}/i
A= quarterly deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (1,017,196.32*0.015) / [(1.015^40) - 1]
A= $18,743.98
Which of the following best describes the main difference between B2B and B2C transactions? B2B transactions involve transactions where the buyers and sellers are both businesses, while B2C involves transactions between businesses and consumers. B2B transactions focus on financial transactions while B2C e-commerce focuses on the sale of manufactured goods. B2B transactions refer to business between nonprofit organizations while B2C e-commerce is carried out by business firms seeking to earn a profit. B2B transactions involve sales in foreign markets while B2C e-commerce is restricted to domestic markets.
Answer: B2B transactions involve transactions where the buyers and sellers are both businesses, while B2C involves transactions between businesses and consumers.
Explanation:
Business-to-business transactions are simply regarded as the transactions that takes place between one business and another business. This can occur when the business is looking for inputs for its production process.
Business-to-consumer transactions simply regarded as the transactions that takes place between a business and the customers. This occurs when a business sells its goods or services to the customers directly without the goods passing through the middlemen.
Until the 2003 playoffs, NBA had used a best-of-five format for the first-round series, that is, the series would end as soon as one of the teams won 3 games. In other words, the first-round series would last 3,4 or 5 games. Obtain the probabilities for all the three possibilities by assuming that teams are equally matched and each game is independent.
Answer:
14 yes 23xy so 14
Explanation:
When a multi-product factory operates at full capacity, decisions must be made about which products to emphasize. In making such decisions, products should be ranked based on: Group of answer choices
Group of answer choices
A. selling price per unit contribution.
B. margin per unit contribution
C. margin per unit of the constraining resource.
D. unit sales volume
Answer:
C. contribution margin per unit of the constraining resource.
Explanation:
When a multi-product factory operates at full capacity, decisions must be made about which products to emphasize. In making such decisions, products should be ranked based on contribution margin per unit of the constraining resource.
Assume, for the sake of this question only, the following: The sale of the business included a warehouse building. The contract for the sale of the business indicated that the warehouse was included "in its present condition" or "as is." Shortly after Sarita took possession of the warehouse, she discovered a walled-in basement room that neither she nor Juan had realized was there. The room was packed full of drums of hazardous materials, which (as far as anyone could tell) had been leaking their contents into the ground for a decade or so. Sarita was going to have to clean up the mess at a considerable ongoing expense. If she seeks to rescind the contract based on the doctrine of mistake, which of the following is true?
Question Completion:
Multiple Choice
The contract will be rescinded, because both Juan and Sarita were mistaken as to a basic assumption that the warehouse was free of hazardous waste.
The contract will be rescinded due to unilateral mistake, but only if Sarita can prove that Juan caused or had reason to know of Sarita's mistaken belief that the warehouse was free of hazardous waste.
The contract will not be rescinded, because Sarita bore this risk of this mistake.
The contract will be rescinded, because both Juan and Sarita were mistaken as to a basic assumption that the warehouse was free of hazardous waste.
The contract will be rescinded due to unilateral mistake, because the contract would be unconscionable to enforce otherwise.
Answer:
The contract will be rescinded, because both Juan and Sarita were mistaken as to a basic assumption that the warehouse was free of hazardous waste.
Explanation:
This mistake is a common mistake because both Juan and Sarita were not aware nor suspected the presence of leaking hazardous waste in the warehouse. In law, a common mistake arises where the mistake is shared by both parties, in this case, Juan and Sarita. A common mistake is fundamental in a contract and directly affects the basic definition of the contract terms.
PLEASE HELP!!! I need to come up with a unique business that would be convenient in a high school. It can be one that sells food, drinks, etc
A new home sold for $350,000. The tax rate is $.825 per hundred or fraction thereof. How much will the annual taxes be on this property?
Answer:
$2,887.50
Explanation:
$350,000 ÷ 100 = $3,500
$3,500 x 0.825 = $2,887.50
hope this helps :)
The annual taxes on this property would amount to approximately $2,887.50.
To calculate the annual taxes on the property, we need to determine the taxable value of the property and then apply the tax rate.
Given:
Selling price of the home: $350,000
Tax rate: $0.825 per hundred or fraction thereof
To calculate the taxable value, we divide the selling price by 100 and round up to the nearest whole number:
Taxable value = Selling price / 100
Taxable value = $350,000 / 100
Taxable value = $3,500
Next, we multiply the taxable value by the tax rate:
Annual taxes = Taxable value × Tax rate
Annual taxes = $3,500 × $0.825
Annual taxes = $2,887.50
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The following income statement items appeared on the adjusted trial balance of Schembri Manufacturing Corporation for the year ended December 31, 2021 ($ in thousands): sales revenue, $17,900: cost of goods sold, $7,500; selling expenses. $1,430; general and administrative expenses, $930; interest revenue, $200; interest expense, $310. Income taxes have not yet been recorded. The company's income tax rate is 25% on all items of income or loss. These revenue and expense items appear in the company's income statement every year. The company's controller, however, has asked for your help in determining the appropriate treatment of the following nonrecurring transactions that also occurred during 2021($ in thousands). All transactions are material in amount. 1. Investments were sold during the year at a loss of $350. Schembri also had an unrealized gain of $460 for the year on investments in debt securities that qualify as components of comprehensive income. 2. One of the company's factories was closed during the year. Restructuring costs incurred were $1,600 Check my work 3. During the year, Schembri completed the sale of one of its operating divisions that qualifies as a component of the entity according to GAAP. The division had incurred a loss from operations of $680 in 2021 prior to the sale, and its assets were sold at a gain of $1,660. 4. In 2021, the company's accountant discovered that depreciation expense in 2020 for the office building was understated by $330. 5. Negative foreign currency translation adjustment for the year totaled $380. Required: 1. Prepare Schembri's single, continuous multiple-step statement of comprehensive income for 2021, including earnings per share disclosures.2. Prepare a separate statement of comprehensive income for 2021.
Answer:
A.Net income $5,155
Earning per share :-
Income from continuing operation 3.20
Income from discontinued operation 0.47
Net income 3.67
B. Comprehensive income $5,215
Explanation:
A. Preparation of statement of comprehensive income for 2021, including earnings per share disclosures
SCHEMBRI MANUFACTURING CORPORATION
Statement of Comprehensive Income
For the Year Ended December 31, 2021
($ in 000s)
Sales revenue $17,900
Cost of goods sold ($7,500)
Gross profit $10,400
Operating expenses:
Selling expenses ($1,430)
General and administrative expenses ($930)
Restructuring costs ($1,600)
Total operating expenses ($3,960)
Operating income $6,440
(10,400-3,960)
Other income (expenses):-
Loss on sale of investment $(350)
Interest expenses $(310)
Interest revenue $200
Other income (expenses) $(460)
Income from continue operation before income tax $5,980
(6,440-460)
Income tax expenses (25%*5,980) $1,495
Income from continuing operations $4,485
(5,980-1,495)
Discontinued operation :-
Income from operation of discontinued component (1,660-680) $980
Income tax expenses $(310)
Income from discontinued operation $670
(980-310)
Net income $5,155
(4,485+670)
Other comprehensive income (loss)
Unrealized gain from investment,net of tax [460*(1-25%)] $345
Loss from foreign currency translation , net of tax [380*(1-25%)] $(285)
Total other comprehensive income $60
(345-285)
Comprehensive income $5,215
(5,155+60)
Earning per share :-
Income from continuing operation 3.20
Income from discontinued operation 0.47
Net income 3.67
Workings for Earning per share
Weighted average share = 1,000,000+(800,000/2)
Weighted average share = 1,000000+400,000
Weighted average share = 1,400,000
Net income from continue operation = 4,485/1400 = 3.20
Net income from discontinued operation = 670/1400 = 0.47
2. Preparation of a separate statement of comprehensive income for 2021.
SCHEMBRI MANUFACTURING CORPORATION
Statement of comprehensive income
For the year ended December 31,2021
Net income $5,155
(4,485+670)
Other comprehensive income (loss)
Unrealized gain from investment,net of tax [460*(1-25%)] $345
Loss from foreign currency translation , net of tax [380*(1-25%)] $(285)
Total other comprehensive income $60
(345-285)
Comprehensive income $5,215
(5,155+60)
Information on Psi Phi Inc.âs three products are as follows: A B C Unit sales per month â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦ 1,600 3,000 1,600 Selling price per unit â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦. $10.00 $15.00 $8.00 Variable cost per unit â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦... (10.40) (12.00) (4.00) Unit contribution margin â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦.. $(0.40) $3.00 $4.00 Required: Determine the effect of each of the following situations would have on monthly profits. Each situation should be evaluated independently of all others. a) Product A is discontinued. b) Product A is discontinued and the subsequent loss of customers cause sales of Product B to decline by 200 units. c) The selling price of Product A is increased to $11.00 with a sales decrease of 300 units. d) The price of Product B is increased to $16.00 with a resulting sales decrease of 400 units. However, some of the customers shift to Product A; sales of Product A increase by 280 units. e) Product A is discontinued, and the plant in which Product A was produced is used to produce Product D, a new product. Product D has a unit contribution margin of $0.60. Monthly sales of Product D are predicted to be 1,200 units. f) The selling price of Product C is increased to $9.00 and the selling price of Product B is decreased to $14.00. Sales of Product C decline by 400 units, while sales of Product B increase by 600 units.
Answer:
fgoooo
Explanation:
fhgfh can you give me mola
Andrew is the chief financial officer for Glowlight Industries. Glowlight has been involved in a number of negotiations for acquisitions in the last few years, and Andrew feels the CEO is overly focused on making an acquisition. Andrew thinks the board of directors should
Answer: A) establish a system of checks and balances to challenge the CEO regarding proposed acquisitions.
Explanation:
If Andrew feels like the CEO is overly focused on making an acquisition with no business basis to it, it would be best to find out if there are basis to what the CEO is trying to do.
One way of doing so is to get the Board of Directors to establish a system of checks and balances that will challenge the CEO when it comes to acquisitions. They will check to see why the CEO wants those acquisitions as well as limit the CEO's power to seek acquisitions haphazardly.
The Department of Transportation plans to build a temporary bridge to reduce travel time during the three years it will take to renovate the Pulaski Skyway, an important bridge for commuters. The temporary bridge can be put up in a few weeks at a cost of $48 million. At the end of three years, the bridge would be decommissioned and the steel would be sold for scrap. The real net cost of decommissioning would be $3 million, after accounting for scrap sales. Based on estimated time savings and wage rates, fuel savings, and reductions in risks of accidents, department analysts predict that the benefits in real dollars would be $15,900,000 during the first year, $18,900,000 during the second year, and $19,000,000 during the third year. Departmental regulations require use of a real discount rate of 4 percent. (a) Calculate the net present value of the temporary bridge assuming that the benefits are realized at the end of each of the three years. (b) Calculate the net present value of the temporary bridge assuming that the benefits are realized at the beginning of each of the three years. (c) Calculate the net present value of the temporary bridge assuming that the benefits are realized in the middle of each of the three years. (d) Does it make sense for the Department of Transportation to build the temporary bridge?
Answer:
required investment:
building costs = $48 million
decommissioning costs = $3 (at the end of year 3)
benefits:
year 1 = $15,900,000
year 2 = $18,900,000
year 3 = $19,000,000
discount rate = 4%
I rounded my calculations to the nearest thousand:
a) NPV = -48 + 15,900/1.04 + 18,900/1.04² + 16,000/1.04³ = -$1,013,000
b) NPV = -48 + 15,900 + 18,900/1.04 + 19,000/1.04² - 3/1.04³ = $973,000
c) NPV = -48 + 15,900/1.04⁰°⁵ + 18,900/1.04¹°⁵ + 19,000/1.04²°⁵ - 3,000/1.04³ = -$31,000
d) From a strictly financial point of view and only considering the 3 previous calculations, the project should be rejected. Two out of 3 options yield a negative NPV.
Houston repeatedly promised his daughter, Allyson, that he would pay one-half of the costs for Allyson to attend a private, historically African-American college or university. Relying on this promise, Allyson applied to and was accepted into Clark Atlanta University. Houston reiterated this promise after Allyson’s acceptance and specifically agreed to pay one-half of the costs of her tuition, room, board, books, and other expenses at Clark (less certain scholarship, work study, and grant monies). Allyson relied on this reiterated promise and, forgoing opportunities to apply to and enroll in other colleges or universities of significantly less cost, enrolled in Clark. Houston nevertheless refused to honor his commitment. Allyson sued her father alleging promissory estoppel. Did she have a good promissory estoppels claim?
Yes, Allyson has a good promissory estoppel claim against her father, Houston. Promissory estoppel is a legal doctrine that allows a party to enforce a promise, even if there is no valid contract, if certain elements are met. Considering these elements, Allyson has a strong promissory estoppel claim against her father, Houston, as she fulfilled the requirements necessary to invoke this legal doctrine.
These elements are:
1. A clear and definite promise: In this case, Houston repeatedly promised Allyson that he would pay one-half of the costs for her education at a private, historically African-American college or university. Houston even reiterated this promise after Allyson's acceptance into Clark Atlanta University, specifically agreeing to pay one-half of her tuition, room, board, books, and other expenses.
2. Reasonable and justifiable reliance: Allyson relied on her father's promise by applying to and enrolling in Clark Atlanta University, forgoing opportunities to apply to and enroll in other colleges or universities of significantly less cost. Her reliance on her father's promise was reasonable and justifiable given the specific agreement they had regarding the financial support for her education.
3. Detrimental reliance: Allyson suffered a detriment by forgoing other opportunities and enrolling in Clark Atlanta University based on her father's promise. This detriment is evidenced by the fact that she incurred the costs of tuition, room, board, books, and other expenses at Clark, which she would not have incurred if she had chosen a less expensive option.
4. Injustice without enforcement: It would be unjust for Houston to refuse to honor his commitment after Allyson reasonably relied on his promise and suffered a detriment. Promissory estoppel exists to prevent such injustices and to hold parties accountable for their promises, even in the absence of a formal contract.
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Yesterday, Water and Power Co. released its 2018 annual report on the company’s website. While reading the report for her boss, Tessa came across several terms about which she was unsure. She leaned around the wall of her cubicle and asked her colleague, Asher, for help. TESSA: Asher, do you have a second to help me with my reading of Water & Power’s annual report? I’ve come across several unfamiliar terms, and I want to make sure that I’m interpreting the data and management’s comments correctly. For example, one of the footnotes to the financial statements uses "the book value of Water & Power’s shares," and then in another place, it uses "Market Value Added." I’ve never encountered those terms before. Do you know what they’re talking about? ASHER: Yes, I do. Let’s see if we can make these terms make sense by talking through their meaning and their significance to investors. The term book value has several uses. It can refer to a single asset or the company as a whole. When referring to an individual asset, such as a piece of equipment, book value refers to the asset’s , adjusted for any accumulated depreciation or amortization expense. The value, or difference between these two values, is called the asset’s book value. In contrast, when the term refers to the entire company, it means the total value of the company’s as reported in the firm’s .
Answer:
Yesterday, Water and Power Co. released its 2018 annual report on the company’s website. While reading the report for her boss, Tessa came across several terms about which she was unsure. She leaned around the wall of her cubicle and asked her colleague, Asher, for help.
TESSA: Asher, do you have a second to help me with my reading of Water & Power’s annual report? I’ve come across several unfamiliar terms, and I want to make sure that I’m interpreting the data and management’s comments correctly. For example, one of the footnotes to the financial statements uses "the book value of Water & Power’s shares," and then in another place, it uses "Market Value Added." I’ve never encountered those terms before. Do you know what they’re talking about?
ASHER: Yes, I do. Let’s see if we can make these terms make sense by talking through their meaning and their significance to investors. The term book value has several uses. It can refer to a single asset or the company as a whole. When referring to an individual asset, such as a piece of equipment, book value refers to the asset’s historical value or original purchase price, adjusted for any accumulated depreciation or amortization expense. The net value, or difference between these two values, is called the asset’s book value. In contrast, when the term refers to the entire company, it means the total value of the company’s shareholders’ equity as reported in the firm’s balance sheet .
Margin of Safety a. If Canace Company, with a break-even point at $558,900 of sales, has actual sales of $690,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? Round the percentage to the nearest whole number. 1. $ 2. % b. If the margin of safety for Canace Company was 30%, fixed costs were $1,201,200, and variable costs were 70% of sales, what was the amount of actual sales (dollars)? (Hint: Determine the break-even in sales dollars first.) $
Answer:
a.
(1)
Margin of Safety = $131,100
(2)
Margin of Safety as % of Sales = 19%
b.
Actual Sales = $5,720,000
Explanation:
Margin of safety is the value of sales by which the business is safe from the loss. It means all the made in excess of breakeven point is the margin of safety.
a.
(1)
Margin of Safety = Actual Sales - Breakeven point = $690,000 - $558,900 = $131,100
(2)
Margin of Safety as % of Sales = (Margin of Safety / Actual Sales ) x 100 = 19%
b.
First of all calculate the Contribution margin ratio
Contribution margin ratio = 100% - Variable cost ratio = 100% - 70% = 30%
Breakeven Sales = Fixed cost / Contribution margin ratio = $1,201,200 / 30% = $4,004,000
As the margin of safety is 30% of actual sales, so the breakeven sales i 70% ( 100% - 30% ) of Actual Sales
Actual Sales = Breakeven Sales / Breakeven sales to acual sales ratio
Actual Sales = $4,004,000 / 70%
Actual Sales = $5,720,000
A city keeps track of the number of new small businesses which open in any given year, as well as how many of those
new businesses report profit in excess of their initial investment after one year's time. An example of the data collected
can be viewed in the table below.
2000
Year
New
1998
781
1999
699
626
217
2001
730
264
2002
762
244
Profitable
311
205
If 684 new small businesses opened in 2003, approximately how many of them could be expected to turn a profit in
excess of their initial investment by 2004?
a 200
b. 236
c. 247
d. 272
Answer:
It's 236
Explanation:
Edge2020 ignore the other guy
A share of stock with a beta of 0.82 now sells for $58. Investors expect the stock to pay a year-end dividend of $2. The T-bill rate is 5%, and the market risk premium is 8%. a. Suppose investors believe the stock will sell for $60 at year-end. Calculate the opportunity cost of capital. Is the stock a good or bad buy? What will investors do? (Do not round intermediate calculations. Round your opportunity cost of capital calculation as a percentage rounded to 2 decimal places.) b. At what price will the stock reach an "equilibrium" at which it is perceived as fairly priced today? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
The opportunity cost of the capital here is given as 11. 56%
The expected return is 6.90%
The stock is a bad buy
The stock price is 55.58
How to solve for the opportunity cost of the stockThe formula for the opportunity cost of stock is given as:
risk free rate + beta x the risk premium
The risk free rate = 0.05
beta = 0.82
The risk premum = 0.08
Hence the opportunity cost is given as: 0.05 + 0.82 x 0.08
= 0.1156
=11.56%
The expected return is given as
60 + 2 - 58 / 58
= 0.069
= 6.9%
The expected return can be seen to be less than this opportunity cost therefore what is to happen would be for the investors not to invest because this is a bad buy.
b. The stock price = 60 * 2 / 1.1156
= 55.58
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PLEASE HELP!!! I need to come up with a unique store that would be convenient in a high school. It can be one that sells food, etc.
You work for an electronics store that is preparing for a special event to
celebrate the launch of a new game system. You will have demonstration
models set up for shoppers to try out games on the system. How can your
store use social media to prepare for this event?
A. By scheduling enough employees to work on the event day
B. By posting messages about the chance to try the new system
C. By getting permits required by the city or other local government
D. By posting messages about when employees need to be at work
Answer:
It’s B. For Apex - By posting messages about the chance to try the new system
Explanation Answered on apex
For stores, the use of social media for doing the necessary preparations for an event is by posting messages about the chance to try the new system. Hence, Option B is correct.
What is social media?On the internet, a platform is available which is called social media. This is the media, which is in electronic form, where people come together to share thoughts about a particular topic.
In the case of electronic stores which are preparing for a special event so that they can celebrate the launch of a new game system, they can make use of social media by utilising it as a platform for doing the necessary preparation.
They can do this by posting messages on social media about the chance opportunity for those who want to try out this new system. They can put up a video with him demonstrating the model so that it can attract shoppers for that system.
Therefore, Option B is correct.
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Temperature and Chemicals are used in which process?
Answer:
Cooking
Explanation:
because cooking use heat. heat is a temperature and chemicals is gas.
The following cost data for the month of May were taken from the records of the Terrence Manufacturing Company: Depreciation on factory equipment $1,000 Depreciation on sales office 500 Advertising 7,000 Wages of production workers 28,000 Raw materials used 47,000 Sales salaries and commissions 10,000 Factory rent 2,000 Factory insurance 500 Materials handling 1,500 Administrative salaries 2,000 Based upon this information, the manufacturing cost incurred during the month was: Group of answer choices
Answer:
80,000
Explanation:
Cost data of the month of May was taken from Terrence manufacturing company
The manufacturing cost incurred during the month can be calculated as follows
= wages of production workers + raw materials + materials handling + factory rent + factory insurance + depreciation of factory equipment
= 28,000 + 47,000 + 1,500 + 2,000 + 500 + 1,000
= 80,000
Hence the manufacturing cost incurred during the month is 80,000
In the context of the decision-making model drawn heavily from the thoughts of Joseph L. Badaracco Jr., identify the correct statement regarding the question, "Which course of action is feasible?" Select one: a. This question borrows from both the modern rights theories and justice theory and it identifies which particular rights are at stake. b. This question is teleological in nature in that it focuses on the morality of the consequences of the decision. c. This question recognizes that ethics and morality must be practical. d. This question draws from the decision maker's personal philosophy as well as the commitments he or she owes to the corporation and its shareholders.
Answer:
d. This question draws from the decision maker's personal philosophy as well as the commitments he or she owes to the corporation and its shareholders.
Explanation:
This is likely the answer to the question about the decision making model which was drawn or dependent heavily on the thoughts of Joseph L. Badaracco Jr.
If a union operates in a right to work state, it will not be allowed to create a ________ workplace, but may have a ________ workplace.
Answer:
If a union operates in a right to work state, it will not be allowed to create a CLOSED SHOP workplace, but may have a OPEN SHOP workplace.
Explanation:
A closed shop workplace refers to a company where all the employees must belong to the union in order to be hired or to continue working for the company. An open shop workplace refers to a company where joining a union is optional, and no one can be fired (or not hired) for not belonging to a union.
The fill in the blanks should be filled with union shop and open shop.
The following information should be considered:
In the case when the union operated for right to work so it is not permitted to develop the union shop workplace.But at the same time, the open shop workplace should be created.Therefore we can conclude that The fill in the blanks should be filled with union shop and open shop.
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Ampco Disk Company operates a computer disk manufacturing plant. Direct materials are added at the end of the process. The following data were for August 20X5: Work in process, beginning inventory 100,000 units Transferred-in costs (100% complete) Direct materials (0% complete) Conversion costs (90% complete) Transferred in during current period 300,000 units Completed and transferred out 250,000 units Work in process, ending inventory 50,000 Transferred-in costs (100% complete) Direct materials (0% complete) Conversion costs (65% complete)Calculate equivalent units for conversion costs using the FIFO method. a. 30,280 units.b. 299,800 units.c. 390,580 units.d. 353,400 units.
Answer:
Total Equivalent units=292,500units
Explanation:
Calculation for the equivalent units for conversion costs
Beginning work in process 10,000 units
(100,000 × 0.10)
Completed and transferred out 250,000 units
Ending work in process 32,500, units
(50,000 × 0.65)
Total Equivalent units=292,500units
Therefore the equivalent units for conversion costs Will be 292,500units
The Ampco Disk Company will report equivalent units for Conversion Costs using the FIFO method as $292,500 units.
Data and Calculations:
Physical Transferred-in Direct Conversion
Units Materials Costs
Beginning inventory 100,000 100% 0% 90%
Transferred in period 300,000
Available units 400,000
Completed & transferred out 250,000
Ending inventory 50,000
Equivalent units:
Physical Transferred-in Direct Conversion
Units Materials Costs
Beginning inventory 100,000 0 (0%) 0 (0%) 10,000 (10%)
Started and transferred 250,000 250,000 250,000 250,000 (100%)
Ending inventory 50,000 50,000 0 (0%) 32,500 (65%)
Total equivalent units 300,000 250,000 292,500
Thus, the equivalent units for Conversion Costs under the FIFO method is 292,500 units.
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Definition of marketing?
Answer:
the active business of promoting and selling products or services, including market research and advertising
what are the components of egg, identify and describe each
Eggs consist of approximately 9.5% eggshell (including shell membrane), 63% albumen, and 27.5% yolk (1) (Table 1). The main components are water (75%), proteins (12%), and lipids (12%), as well as carbohydrates and minerals (2, 3).
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Gael Corporation is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under Plan I, the company would have 185,000 shares of stock outstanding. Under Plan II, there would be 135,000 shares of stock outstanding and $2.29 million in debt outstanding. The interest rate on the debt is 5 percent and there are no taxes. Use M&M Proposition I to find the price per share. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) What is the value of the firm under each of the two proposed plans? (Do not round intermediate calculations and round your answers to the nearest whole dollar amount, e.g., 32.)
Answer:
The value of firm under both plan is $8,473,000
Explanation:
All equity plan share Outstanding = $185,000
Plan II Number. of shares outstanding = $135,000
Debt = $2,290,000
Price per share = Amount of debt issued/(No of shares in all Equity-no of shares in debt plan)
Price per share = $2,290,000/($185,000 - $135,000)
Price per share = $2,290,000 / $50,000
Price per share =$45.8
Value of firm under Equity plan = Number of shares * Price per share
Value of firm under Equity plan = 185000 shares * $45.8
Value of firm under Equity plan = $8,473,000
Levered plan = (Number of shares*Price per share) + Debt
Levered plan = (135,000 * $45.8) + $2,290,000
Levered plan = $6,183,000 + $2,290,000
Levered plan = $8,473,000
Hence, the value of firm under both plan is $8,473,000
True or False: The term “academic training” refers primarily to formal classes taken in school.
Answer:
False
Explanation:
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 94,000 Total fixed manufacturing overhead cost $ 404,200 Variable manufacturing overhead per direct labor-hour $ 4.00 Recently, Job P951 was completed with the following characteristics: Number of units in the job 50 Total direct labor-hours 100 Direct materials $ 660 Direct labor cost $ 9,400 The total job cost for Job P951 is closest to: (Round your intermediate calculations to 2 decimal places.)
Answer:
Total cost= $10,890
Explanation:
First, we need to calculate the predetermined overhead rate:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (404,200/94,000) + 4
Predetermined manufacturing overhead rate= $8.3 per direct labor hour
Now, we can allocate overhead:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 8.3*100= $830
Finally, the total cost of Job P951:
Total cost= 660 + 9,400 + 830
Total cost= $10,890
Which of the following statements is CORRECT? a. As a rule, the optimal capital structure is found by determining the debt-equity mix that maximizes expected EPS. b. The optimal capital structure minimizes the cost of equity, which is a necessary condition for maximizing the stock price. c. The optimal capital structure simultaneously maximizes EPS and minimizes the WACC. d. The optimal capital structure simultaneously minimizes the cost of debt, the cost of equity, and the WACC. e. The optimal capital structure simultaneously maximizes stock price and minimizes the WACC.
Answer:
e. The optimal capital structure simultaneously maximizes stock price and minimizes the WACC.
Explanation:
The optimal capital structure involves the combination of both debt and equity where debt is a type of loan which is needed to pay back in some years while the equity represents the ownership of the shareholder in the organization
So here the optimal capital structure represents the maximum stock price that minimizes the weighted average cost of capital
hence, the correct option is d.
how do i get bachelors degree i am in high school and i amgoing to college and in this years what do i do to get bachelors degree
Answer:
I think to get a bachelor's degree you have to pick a major then do 4 years of college.