2. What is dy/dx if y=6x'/12+0.4x

Answers

Answer 1
I’m sorry I don’t know the answe

Related Questions

Johanna's Jams and Jellies is looking to be set up on QuickBooks Online. Johanna wants to be able to set up specific roles for the 15 different users in her company, including providing access to her CPA, outsourced CFO, and an outside integration specialist and ProAdvisor. Which version(s) of Quickbooks Online would allow her to accomplish this?

a. QuickBooks Online Plus and Advanced
b. QuickBooks Online Essentials, Plus and Advanced
c. QuickBooks Online Advanced
d. QuickBooks Online Simple Start, Essentials, Plus and Advanced

Answers

Answer: C. QuickBooks Online Advanced

Explanation:

With the QuickBooks Online Advanced, Johanna can be bake to do batch transactions faster even when there's an increase in workload. In the QBO Advanced, there are batch transaction entry for sales, checks, receipts, invoices, etc.

Since Johanna wants to be able to set up specific roles for the 15 different users in her company, including providing access to her CPA, outsourced CFO, and an outside integration specialist and ProAdvisor, the version of Quickbooks Online that would allow her to accomplish this is the QuickBooks Online Advanced.

Aaron is considering an investment that will pay $7,500 a year for five years, starting one year from today. This is an example of: a. a set of unequal cash flows.
b. an ordinary annuity.
c. a perpetuity.
d. an annuity due.

Answers

Answer:

This is an example of a

b. an ordinary annuity.

Explanation:

Aaron's cash inflows of $7,500, which he receives at the end of the year, is an ordinary annuity because it comprises a series of equal payments receipts received over a fixed length of time, and it occurs at the end of the year.  If Aaron receives the series of payments at the beginning of each period and not at the end, it will be described as an annuity due.  If Aaron receives the series of payment indefinitely, it is called a perpetuity.

On June 30, Sharper Corporation’s stockholders’ equity section of its balance sheet appears as follows before any stock dividend or split. Sharper declares and immediately distributes a 50% stock dividend. Common stock—$10 par value, 120,000 shares authorized, 50,000 shares issued and outstanding $ 500,000 Paid-in capital in excess of par value, common stock 200,000 Retained earnings 660,000 Total stockholders’ equity $ 1,360,000 Assume that instead of distributing a stock dividend, Sharper did a 3-for-1 stock split. Required: (1) Prepare the updated stockholders' equity section after the split. (2) Compute the number of shares outstanding after the split.

Answers

Answer:

(1) See below for the updated stockholders' equity section after the split.

(2) Number of shares outstanding after the split = 150,000

Explanation:

(1) Prepare the updated stockholders' equity section after the split.

A stock split occurs when a company's board of directors decides to raise the number of outstanding shares by issuing additional shares to present shareholders. With stock split, no fund will be generated but common stock par value will fall after the split to make the Common stock total value and Common stock paid-in capital in excess of par value to remain the same. Therefore, the updated stockholders' equity section after the split will be as follows:

Sharper Corporation

Stockholders’ Equity Section of the Balance Sheet

Jun 30

Details                                                                                     Amount ($)  

Common stock - $3.3333 par value, 120,000 shares

authorized, 150,000 shares issued and outstanding            500,000

Paid-in capital in excess of par value, common stock          200,000

Retained earnings                                                                   660,000

Total stockholders’ equity                                                    1,360,000

(2) Compute the number of shares outstanding after the split.

For a 3-for-1 stock split, we have:

Number of shares outstanding after the split = Number of shares outstanding before the split * 3 = 50,000 * 3 = 150,000

By implication, we have:

Common stock par value after the split = Common stock par value before the split / 3 = $10 / 3 = $3.3333 per share

The following information was available for the year ended December 31, 2016:
Earnings before interest and taxes (operating income) $ 81,000
Interest expense 17,000 Income tax expense 22,000
Net income 42,000
Total assets at year-end 270,000
Total liabilities at year-end 148,000
Required:
a. Calculate the debt ratio at December 31, 2016. (Round your answer to 1 decimal place.)
b. Calculate the debt/equity ratio at December 31, 2016. (Round your answer to 2 decimal places.)
c. Calculate the times interest earned for the year ended December 31, 2016. (Round your answer to 2 decimal places.)

Answers

Answer and Explanation:

The calculation is given below:

a. The debt ratio is

= Total liabilities ÷ total assets

= $148,000 ÷ $270,000

= 0.5 times

b. The debt/equity ratio is

= Debt ÷ equity

= $148,000 ÷ ($270,000 - $148,000)

= $148,000 ÷ $122,000

= 1.21 times

c. The times interest earned ratio is

= earning before interest and taxes ÷ interest expense

= $81,000 ÷ $17,000

= 4.76 times

"Differentiation is not something hatched in marketing and advertising department ,nor it is limited to the catchalls to quality and service".Justify your answer.​

Answers

Answer:

Differentiation opportunities can exist in activities all along an industry's value chain

Explanation:

-Product R&D activities that aim at improved product designs and performance features,expanded end uses and applications and selection, added user safety,greater recycling capability or enhanced environmental protection.

On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $85,050 in assets in exchange for its common stock to launch the business. On December 31, the company’s records show the following items and amounts. Cash $ 7,950 Cash dividends $ 3,070 Accounts receivable 17,450 Consulting revenue 17,450 Office supplies 4,200 Rent expense 4,530 Office equipment 19,060 Salaries expense 8,090 Land 46,010 Telephone expense 880 Accounts payable 9,430 Miscellaneous expenses 690 Common stock 85,050 Also assume the following: The owner’s initial investment consists of $39,040 cash and $46,010 in land in exchange for its common stock. The company’s $19,060 equipment purchase is paid in cash. Cash paid to employees is $2,860. The accounts payable balance of $9,430 consists of the $4,200 office supplies purchase and $5,230 in employee salaries yet to be paid. The company’s rent expense, telephone expense, and miscellaneous expenses are paid in cash. No cash has yet been collected on the $17,450 consulting revenue earned.
Using the above information prepare a December statement of cash flows for Ernst Consulting. (Cash outflows should be indicated by a minus sign.)

Answers

Answer:

$3,260

Explanation:

Preparation of December statement of cash flows for Ernst Consulting

ERNST CONSULTING Income Statement

For Month Ended October 31

REVENUES

Consulting fees earned $17,450

Total revenues $17,450

EXPENSES

Rent expense $4,530

Salaries expense $8,090

Telephone expense $880

Miscellaneous expenses $690

Total expenses $14,190

Net income $3,260

($17,450-$14,190)

Therefore December statement of cash flows for Ernst Consulting will be $3,260

Petro Motors Inc. (PMI) produces small gasoline-powered motors for use in lawn mowers. The company has been growing steadily over the past five years and is operating at full capacity. PMI recently completed the addition of new plant and equipment at a cost of $7.800.000, thereby increasing its manufacturing capacity to 100.000 motors annually. The addition to plant and equipment will be depreciated on a straight-line basis over 10 years. Sales of motors were 60.000 units prior to the completion of the additional capacity. Cost records indicated that manufacturing costs had totaled $60 per motor, of which $48 per motor was considered to be variable manufacturing costs. PMI has used the volume of activity at full capacity as the basis for applying fixed manufacturing overhead. The normal selling price is $80 per motor, and PMI pays a 5% commission on the sale of its motors. LawnPro.com offered to purchase 35,000 motors at a price of $60 per unit to test the viability of distributing lawn mower replacement motors through its website. PMI would be expected to produce the motors, store them in its warehouse, and ship individual motors to LawnPro.com customers. As orders are placed directly through the LawnPro.com website, they would be forwarded instantly to PMI. No commissions will be paid on this special sales order, and freight charges will be paid by the customer purchasing a motor.

Required:
a. Calculate the cost per motor, for cost accounting purposes, after completion of the additional plant capacity.
b. Identify all the relevant costs that PMI should consider in evaluating the special sales order from LawnPro.

Answers

Answer:

Petro Motors, Inc. (PMI)

1. The cost per motor, for cost accounting purposes, after completion of the additional plant capacity is:

= $63

2. All the relevant costs that PMI should consider in evaluating the special sales order from LawnPro include:

Variable manufacturing costs

Storage costs (which is variable)

Administration costs (which is also variable)

Explanation:

a) Data and Calculations:

Cost of additional plant and equipment = $7,800,000

New annual production capacity = 100,000

Depreciation period on a straight-line basis = 10 years

Additional annual fixed cost = $780,000 ($7,800,000/10)

                                      Old Capacity   New Capacity

Production  capacity            60,000            100,000

Selling price per motor        $80                     $

Sales commission (5%)           (4)      

Net selling price per motor $76

Variable cost per unit          $48                     $48

Total variable cost             $2,880,000     $4,800,000

Annual fixed costs                  720,000          720,000

Depreciation on the new plant                      780,000

Total cost                          $3,600,000    $6,300,000

Production  capacity                60,000          100,000

Cost per unit                                 $60                 $63

so sánh nên kinh tế tự nhiên và kinh tế thị trường

Answers

Kinh tế tự nhiên là trong nền kinh tế tự nhiên, sản xuất nhỏ chiếm ưu thế. Nền kinh tế tự nhiên do nhiều đơn vị kinh tế thuần nhất hợp thành và mỗi đơn vị kinh tế ấy làm đủ việc để tạo ra những sản phẩm cuối cùng.

Thị trường giữ vai trò là công cụ phân bổ các nguồn lực kinh tế. Trong quá trình trao đổi, các yếu tố thị trường như giá cả, có tác động điều tiết quá trình sản xuất hàng hóa phân bổ các nguồn lực kinh tế và tài nguyên thiên nhiên như vốn, tlsx, nguồn vật tiền lương… đều do các cấp có thẩm quyền quyết định

Read each scenario, decide whether the company is using Cash basis or Accrual basis, and then enter your answer to the question.
The Purple Tulip Law Firm prepays for advertising in the local newspaper. On January 1, the law firm paid $790 for six months of advertising. Purple Tulip Law Firm recorded $790 in the Prepaid Advertising account.
If Purple Tulip Law Firm had recorded their expenses using the other method, how much advertising expense would they have recorded for the two months ending February 28?
Sweet Catering completed the following selected transactions during May 2016:
May 1: Prepaid rent for three months, $2,100
May 5: Received and paid electricity bill, $90
May 9: Received cash for meals served to customers, $2,520
May 14: Paid cash for kitchen equipment, $3,770
May 23: Served a banquet on account, $1,900
May 31: Made the adjusting entry for rent (from May 1).
May 31: Accrued salary expense, $2,290
May 31: Recorded depreciation for May on kitchen equipment, $560 If Sweet Catering had recorded transactions using the Cash method, how much net income (loss) would they have recorded for the month of May?
If Sweet Catering had recorded transactions using the Accrual method, how much net income (loss) would they have recorded for the month of May?

Answers

Answer:

1. Cash Basis $790

Accrual basis $263

2. Cash method $(3,440)

Accrual method $780

Explanation:

1. Calculation to determine how much advertising expense would they have recorded for the two months ending February 28

UNDER THE CASH BASIS, the Law Firm will record ​$790 of advertising expense for the two months ending February 28.

UNDER THE ACCRUAL BASIS, the Law Firm will record ​$263 ($790/6*2) of advertising expense for the two months ending February 28.

Therefore the amount of advertising expense l would they have recorded for the two months ending February 28 is:

Cash Basis $790

Accrual basis $263

2a. Calculation to determine how much net income (loss) would they have recorded for the month of May If Sweet Catering had recorded transactions using the Cash method

Using this formula

Net income (loss) using cash method = Meals served to customer – Rent paid – Electricity bill – Cash paid for kitchen equipment

Let plug in the formula

Net income (loss) using cash method= $2,520 -$2,100-$90-$3,770

Net income (loss) using cash method= $(3,440)

Therefore If Sweet Catering had recorded transactions using the Cash method, how much net income (loss) would they have recorded for the month of May is $(3,440)

2b. Calculation to determine how much net income (loss) would they have recorded for the month of May If Sweet Catering had recorded transactions using the Accrual method

Using this formula

Net income (loss) using accrual method = Meals served to customer+ Served a banquet on account – Rent expense – Electricity bill – Salary expense – Depreciation

Let plug in the formula

Net income (loss) using accrual method= $2,520+$1,900-($2,100/3)-$90-$2,290-$560

Net income (loss) using accrual method=$2,520+$1,900-$700-$90-$2,290-$560

Net income (loss) using accrual method=$780

Therefore If Sweet Catering had recorded transactions using the Accrual method, how much net income (loss) would they have recorded for the month of May is $780

a mixed economy combines features of other economic system by

Answers

Answer:

allowing some government regulation of a mostly free market economy

Explanation:

Leslie purchased 100 shares of GT stock on June 7th. Marti purchased 100 shares of GT stock on Monday, July 9th. GT declared a dividend on June 20th to shareholders of record on July 11th that is payable on August 1st. Which one of the following statements concerning the dividend paid on August 1st is correct given this information?A. Both Marti and Leslie are each entitled to one-half of the dividend amount. B. Neither Leslie nor Marti are entitled to the dividend. C. Leslie is entitled to the dividend but Marti is not. D. Marti is entitled to the dividend but Leslie is not. E. Both Marti and Leslie are entitled to the dividend.

Answers

Answer:

GT Stock

The correct statement concerning the dividend paid on August 1st is:

E. Both Marti and Leslie are entitled to the dividend.

Explanation:

a) Data:

June 7th, Leslie purchased 100 shares of GT stock

July 9th, Marti purchased 100 shares of GT stock

July 20th Dividend is declared (dividend declaration date)

July 11th = date of record for dividend payment

August 1st = date of dividend payment

b) Analysis: Both Leslie and Marti purchased shares of GT stock prior to the date of record.  The date of record is when note is taken of the stockholders who are entitled to dividend.  It is one of the three important dates concerning dividend.  The other dates are the declaration date and the payment date.

Denison Specialty Hospital is planning its master budget for the coming year. The budget wil include operating, capital, cash and flexible budgets. The hospital is noted for its three fine programs: oncology (cancer), cardiac (heart), and rhinoplasty (nose jobs).
Section A
The managers at Denison have been busy working. They have reviewed past records and considered changes in competition, the general economy, and overall medical trends. Using past charges and anticipated rates of medical inflation, they have also made a first attempt at setting thier prices.
Based on a thorough review and discussion of these data, they have projected that next year they will have 240 patients. They expect 120 oncology patients, 80 caridace patients, and 40 rhinoplasty patients.
The charge, of list price, for oncology patient will average $50,000. Cardiac patients will be charged on average of $40,000, and rhinoplasty, $25,000 per patient. However, those charges are not the actual amounts ultimately received.
The amount the hospital receives depends on whether patients pay their own hospital bills or have healthcare insurance. Assume that private insurance companies pay the full charge or list price. However, Medicare and Medicaid have announced rates they will pay for the coming year as follow: oncology patients $40,000, cardiac patients $30,000, and rhinoplasty patients $10,000. Self-pay patients are supposed to pay the full charge, but generally 25 percent of self-pay charges become a bad credit. Note that bad credit are treated as an expense in healthcare. They may not be shown as a reduction lowering revenues. The full charge for self-pay patients is shown as revenues, and then the uncollectible amount is shown as an expense. No payment for charity care is ever recieved, and charity care is not shown s a revenue or expense.
The payer mix is as follows:
Private insurance Medicare/Medicaid Self-Pay Charity
Oncology 30% 50% 10% 10%
Cardiac 20% 60% 10% 10%
Rhinoplasty 10% 20% 60% 10%
Gift shop revenue is projected to be $120,000 for the current year and is expected to remain the same. However, this revenue will increase or decline in proportion to charges in patient volume.
Denison Hospital has an endowment of $1,000,000. It is invested as follows:
a-$500,000 in 6 percent U.S. Governement Bonds that pay interest annually
b-$250,000 in AT&T stock, which pays a dividend of 8 percent annually
c-$250,000 in growth stocks that pay no dividend
Section A requirements:
1. Calculate patient revenue on an accural basis for the coming year. Subdivide revenue by program, and with each program subdivide it by type of payer.
2. Calculate endowment revenue on an accural basis for the coming year.
3. Prepare a revenue budget on an accural basis, including all sources of revenue discussed previously. The revenue budget does not have to show all of the detail from requirements 1 and 2, but should show each major source of revenue, such as patient services and endowment.
Section B
The hospital expects to employ worker in the following departments
Radiology Nursing Administration Total
Managers 100,000 200,000 200,000 500,000
Staff 1,900,000 4,200,000 300,000 6,400,000
Total 2,000,000 4,400,000 500,000 6,900,000
Supplies are expected to be purchased throughout the year for the departments, as follows:
Total
Radiology 360,000
Nursing 160,000
Administration 20,000
Total 540,000
Assume that all supply use varies with the number of patients.
Denison Hospital currently pays rent on its building and equipment for $300,000 per year. Rent is expected to be unchanged next year. The rent is paid $75,000 each quarter.
To better serve its patients, Denison would like to buy $500,000 of new oncology equipment at the start of the year. It would be paid for immediately upon purchase. The equipment has a 5-year life and would be expected to be used up evenly over that lifetime. Although the capital budget would normally include justification for why the equipment is needed, it is sufficient for our purpose to know that the capital budget for Denison is $500,000 and the equipment to be purchased has 5-year useful life. It will have no value left at the end of the 5 years. Denison charges the cost of its capital acquisitions on a straight-line depreciation basis. The means that the cost is spread out over the useful life, with an equal being charged as an expense, called depreciation expense, each year.
Section B Requirements:
1. Calculate expected bad debt expenses on an accural basis for the coming year
2. Calculate an expense budget on a accural basis for the coming year. The expense budget does not require detailed information by program or department, but should show each type of expense as salaries and supplies. Be sure to consider the impact of capital acquisitions on the expense budget.
3. Combine the revenue (section A) and expense budget to present an operating budget for the coming year.

Answers

Answer:

Section A:-

1) Total Patient Revenue = 7980000.

2) Endowment Revenue:-

Investment = $1000000.

Income = $ 50000.

3) Revenue Budget on Accrual Basis for Next year= $ 8150000.

Section B:

1) Calculation of Expected Bad Debts for Coming Year= $ 380000

2) Expense Budget for Coming Year = $ 8220000.

3) Operating Budget For coming Year:-

Total Budget Revenue = $ 8150000.

Total Budget Expense = $8220000.

Excess Over Revenue = $ 70000.

Explanation:

A company enters a futures contract to sell 50,000 units of a commodity for 70 cents per unit. The initial margin is $4,000 and the maintenance margin is $3,000. What change in the futures price (per unit) would lead to a margin call?

Answers

Answer:

72 cents

Explanation:

There is going to be a margin call when greater than 1000 dollars has been lost from the margin. Then the balance in the account is going to be smaller than that of the maintenance margin. so 1 cent increase in the price would bring about a lossof

0.01 * 50000

= $500

if the increase in the future price is about 2 cents then there would be a margin call.

70+2 = 72cents, this is when there would be a margin call

Five years ago, when the relevant cost index was 120, a nuclear centrifuge cost $40,000. The centrifuge had a capacity of separating 1500 gallons of ionized solution per hour. Today, it is desired to build a new centrifuge with capacity of 4500 gallons per hour, but the cost index now is 300. Assuming a power sizing exponent to reflect economies of scale, x, of 0.75, use the power sizing model to determine the approximate cost (expressed in today's dollars) of the new reactor.

Answers

Answer:

The approximate cost (expressed in today's dollars) of the new reactor is $227,950.71.

Explanation:

This can be calculated as follows:

Cost of centrifuge with 4500 capacities 5 years ago / Cost of centrifuge with 1500 capacities 5 years ago = (Capacity of centrifuge with 4500 capacities / Capacity of centrifuge with 1500 capacities)^Power sizing exponent

Cost of centrifuge with 4500 capacity 5 years ago / $40,000 = (4500 / 1500)^0.75

Cost of centrifuge with 4500 capacities 5 years ago / $40,000 = 2.27950705695478

Cost of centrifuge with 4500 capacities 5 years ago = 2.27950705695478 * $40,000 = $91,180.28

Therefore, we have:

Cost of centrifuge with 4500 capacities now = (Cost index now / Cost index 5 years ago) * Cost of centrifuge with 4500 capacities 5 years ago = (300 / 120) * $91,180.28 = $227,950.71

Therefore, the approximate cost (expressed in today's dollars) of the new reactor is $227,950.71.

Thomson Co. produces and distributes semiconductors for use by computer manufacturers. Thomson issued $840,000 of 25-year, 8% bonds on May 1 of the current year at face value, with interest payable on May 1 and November 1. The fiscal year of the company is the calendar year. Journalize the entries to record the following selected transactions for the current year.

May 1 Issued the bonds for cash at their face amount.
Nov. 1 Paid the interest on the bonds.

Answers

Answer:

May 1

Dr Cash $840,000

Cr Bonds payable $840,000

Nov 1

Dr Interest expense $33,600

Cr Cash $33,600

Explanation:

Preparation of the journal entry to record May 1 Issued bonds for cash at their face amount

May 1

Dr Cash $840,000

Cr Bonds payable $840,000

Preparation of the journal entry to record Nov. 1 interest on the bonds.

Nov 1

Dr Interest expense $33,600

Cr Cash $33,600

(840,000*8%*6/12)

What is a joint production process? Describe a special decision that commonly arises in the context of a joint production process. Briefly describe the proper approach for making this type of decision. Draw an example with detailed cost numbers.

Answers

Answer:

Quy trình sản xuất nói chung là quá trình con người tác động vào tài nguyên thiên nhiên để biến chúng thành các sản phẩm có ích cho xã hội.

Explanation:

Fort Thomas Living is a small publishing company located in the Northern Kentucky. Recently, Fort Thomas Living has contracted with several different local writers to publish various magazines and short-story books. Once such transaction involves an exchange of $10,200. Another transaction involves an exchange of $9,600? Are both of these exchanges of money subject to the disclosure requirements of the Money Laundering Control Act?

Answers

Answer: No

Explanation:

The Money Laundering Control Act of 1986 which was passed to curb the effects of large scale money laundering at the federal level, only requires that transactions above $10,000 be disclosed.

There is a transaction here that is only to the tune of $9,600 so this will not be disclosed as it is less than the $10,000 threshold. The other transaction of $10,200 will however, be disclosed.

20. WACC and NPV [LO3, 5] Sommer, Inc., is considering a project that will result
in initial aftertax cash savings of $2.3 million at the end of the first year, and these
savings will grow at a rate of 2 percent per year indefinitely. The firm has a target
4.6 percent. The cost-saving proposal is somewhat riskier than the usual project the
firm undertakes; management uses the subjective approach and applies an adjustment factor of +3 percent to the cost of capital for such risky projects. Under what
circumstances should the company take on the project?

Answers

Mark Brainliest please

Sommer Inc is considering the new project, and yet we have to calculate under what circumstances the company have to take on the project. In order to assess the project, we need to compute the break-even cost such as the present value of future cash flows and calculate the WACC weighted cost of capital. It measures the weighted cost of equity and the after tax cost of debt. The following information are given: Debt to equity ratio = 0.90 Cost of equity = 13% After-tax cost of debt = 4.8% After-tax cost of savings = $2.7 million Debt to equity ratio = Debt / Equity = 0.90 Therefore, Value of firm = value of debt + value of equity Value of firm = 0.90E + E Value of firm

See the calculation of WACC as attachment

Identify the correct statement. Select one: a. Debt increases when the budget deficit decreases. b. A budget deficit is a stock variable, while debt is a flow variable. c. A budget deficit is a flow variable, while debt is a stock variable. d. A budget deficit and debt are both stock variables. e. The budget deficit decreases when aggregate demand decreases.

Answers

Answer:

c

Explanation:

A flow variable is a variable that is measured over a period in time

A stock variable is a variable that is measured at a point in time.

Budget deficit occurs when government spending exceeds income of the government.

Debt is the total amount owed by an entity

Budget deficit is a flow variable because it increases as debt increases Debt is measured at a point in time. It is a stock variable

When budget deficit increases, debt increases. This is because a deficit would need to be funded by additional borrowing

Dallas Boot Corporation has been asked to submit a bid on supplying 1,000 pairs of military combat boots to the Armed Forces Training Center. The company's costs per pair of boots are as follows:

Direct material $8
Direct labor 6
Variable overhead 3
Variable selling cost (commission) 3
Fixed overhead (allocated) 2
Fixed selling and administrative cost 1

Assuming that there would be no commission on this potential sale, the lowest price the firm can bid is some price greater than:_________

Answers

Answer:

Dallas Boot Corporation

Assuming that there would be no commission on this potential sale, the lowest price the firm can bid is some price greater than:_________

= $20.

Explanation:

a) Data and Calculations:

Pairs of military combat boots on the bid = 1,000

Direct material                                     $8

Direct labor                                            6

Variable overhead                                3

Variable selling cost (commission)      3

Fixed overhead (allocated)                  2

Fixed selling and administrative cost  1

Total cost of production and sales $23

Less commission                                 3

Total cost per boot                         $20

b) The bidding price less sales commission will be a price that is greater than $20 per boot.  The extra amount per boot will cover the profit expected from the transaction.

For the year, Logitom planned to sell 1,104,000 units at a $39 selling price. The marketing manager was asked to explain why budgeted revenue had not been achieved for that year. Investigation revealed the following information:
Actual sales volume 1,135,200 units
Actual selling price $38 per unit
Calculate the sales price variance, the sale volume variance, and the total revenue variance.

Answers

Answer:

Sales price variance = Actual quantity sold * (Actual price - Budgeted selling price)

Sales price variance = 1,135,200 * ($38 - $39)

Sales price variance = 1,135,200 * $1

Sales price variance = $1,135,200 Unfavorable

Sales volume variance = Budgeted selling price * (Actual quantity - Budgeted quantity)

Sales volume variance = $39 * (1,135,200 - 1,104,000)

Sales volume variance = $39 * 31,200

Sales volume variance = $1,216,800 Favorable

Total revenue variance = (Actual quantity * Actual price) - (Budgeted quantity * Budgeted price)

Total revenue variance = (1,135,200 * $38) - (1,104,000 * $39)

Total revenue variance = $43,137,600 - $43,056,000

Total revenue variance = $81,600 Favorable

Purple Hedgehog Forestry Inc. is expected to generate $200,000,000 in net income over the next year. Purple Hedgehog Forestry has forecasted a capital budget of $85,000,000, and it wishes to maintain its current capital structure of 70% debt and 30% equity.

Required:
What will Purple Hedgehog Forestry's dividend payout ratio be if it follows a residual dividend policy?

Answers

Answer:

87.25%

Explanation:l

Capital Budget = $85,000,000

Financed through Equity = $25,500,000 (30%*$85,000,000)

Residual Earnings = Expected net income - Financed through Equity

Residual Earnings = $200,000,000 - $25,500,000

Residual Earnings = $174,500,000

Dividend Payout Ratio = Residual Earnings / Expected net income

Dividend Payout Ratio = $174,500,000 / $200,000,000

Dividend Payout Ratio = 0.8725

Dividend Payout Ratio = 87.25%

Permabilt Corp. was incorporated on January 1, 2019, and issued the following stock for cash: 2,000,000 shares of no-par common stock were authorized; 750,000 shares were issued on January 1, 2019, at $35 per share. 800,000 shares of $100 par value, 7.5% cumulative, preferred stock were authorized; 540,000 shares were issued on January 1, 2019, at $105 per share. No dividends were declared or paid during 2019 or 2020. However, on December 22, 2021, the board of directors of Permabilt Corp. declared dividends of $15,000,000, payable on February 12, 2022, to holders of record as of January 8, 2022.

Required:
a. Use the horizontal model for the issuance of common stock and preferred stock on January 1, 2019. Indicate the financial statement effect. (Enter decreases with a minus sign to indicate a negative financial statement effect.)
b. Use the horizontal model for the declaration of dividends on December 22, 2021. Indicate the financial statement effect. (Enter decreases with a minus sign to indicate a negative financial statement effect.)
c. Use the horizontal model for the payment of dividends on February 12, 2022. Indicate the financial statement effect. (Enter decreases with a minus sign to indicate a negative financial statement effect.)

Answers

Answer:

Permabilt Corp.

Financial Statement Effects:

                                            Balance Sheet                             Statement of

                                 Assets    =   Liabilities   +  Equity             Cash Flows

a. January 1, 2019:  

Cash                 $26,250,000

Common stock                                                 $26,250,000  FA cash inflow

b. December 22, 2021:

Dividends                                                        -$15,000,000

Dividends Payable                     $15,000,000

c. February 12, 2022:

Dividends Payable                   -$15,000,000

Cash              -$15,000,000                                                   FA cash outflow

Total               $11,250,000    =  0           +      $11,250,000

Explanation:

a) Data and Analysis:

January 1, 2019

Cash $26,250,000 Common stock $26,250,000

Cash $56,700,000 7.5% Cumulative Preferred Stock $54,000,000 Additional Paid-in Capital - Preferred $2,700,000

December 22, 2021:

Preferred Stock Dividends $4,050,000 ($54,000,000 * 7.5%)

Common Stock Dividends $10,950,000 ($15,000,000 - $4,050,000)

Dividends Payable $15,000,000

February 12, 2022:

Dividends Payable $15,000,000

Cash $15,000,000

When the Jones were shopping for their present home, the asking price from the previous owner was $375,000.00. The Jones had decided they would pay no more than $365,000.00 for the house. After negotiations, the Jones actually purchased the house for $350,000.00. They, therefore, enjoyed a consumer surplus of

Answers

Answer:

$15,000

Explanation:

Calculation to determine the consumer surplus

Consumer surplus=$365,000.00-$350,000.00

Consumer surplus=$15,000

They, therefore, enjoyed a consumer surplus of $15,000

Security training involves: Providing some members of the organization information about protecting data, but not all to reduce costs. Establishing CBT, computer based training, but never face-to-face training. Providing members of the organization with detailed information and instructions to prepare them to perform their specific duties securely. Expecting employees to research good security practices on their own

Answers

Answer: Providing members of the organization with detailed information and instructions to prepare them to perform their specific duties securely

Explanation:

Protection of data in organizations is important as it helps in the safeguarding of vital data from third parties and prevention of fraud.

Therefore, in order to tackle security issues in an organization, it is essential to provide all the members of the organization with detailed information and instructions about how they can perform their specific duties securely.

This can be done through establishing face to face training, computer based training, and every other forms of training in order to secure data.

The best way to learn about small business is to "bite the bullet" and start your own.

a. True
b. False

Answers

Answer:

b. False

Explanation:

If one starts a sole proprietorship, it remains a good way to learn about  the operations of a small business, but it is not the only sure way.  Before embarking on the entrepreneurship journey, the prospective business person can gain invaluable experience by reading about other sole proprietorships, both the successful and unsuccessful ones.  Doing so equips the person with the best information required to start the race.  It remains a comfortable journey with all the risks and rewards of ownership.

Minor Electric has received a special one-time order for 1,500 light fixtures (units) at $5 per unit. Minor currently produces and sells 7,500 units at $6.00 each. This level represents 75% of its capacity. Production costs for these units are $4.50 per unit, which includes $3.00 variable cost and $1.50 fixed cost. To produce the special order, a new machine needs to be purchased at a cost of $1,000 with a zero salvage value. Management expects no other changes in costs as a result of the additional production. Should the company accept the special order?
A. No, because additional production would exceed capacity.
B. No, because incremental costs exceed incremental revenue.
C. No because incrementa conse o Yes, because incremental revenue exceeds incremental costs.
D. Yes, because incremental costs exceed incremental revenues.
E. No, because the incremental revenue is too low.

Answers

Answer:

D. Yes, because incremental costs exceed incremental revenues.

Explanation:

Given that

The Selling price of the order  is $5

The Variable cost of manufacturing is $3

The Contribution per unit is $2

The Number of units is 1500

now  

Total contribution

= 1500 × $2

= $3,000

Less: Machine costs ($1000)

Tota incremental revenue $2,000

As the incremental revenue is positive and  exceeds the incremental cost so the special order can be accepted  

A firm is considering expanding its current operations and has estimated the internal rate of return on that expansion to be 12.2%. The firm's WACC is 11.8%. Given this, you know that the: the project will have a lower debt-equity ratio than the firm's current operations. the appropriate discount rate for the project is between 11.8% and 12.2%. the project has slightly more risk than the firm's current operations. the expansion should be undertaken as it has a positive net present value.

Answers

Answer:

expansion should be undertaken as it has a positive net present value

James Perkins wants to have a million dollars at retirement, which is 15 years away. He already has $200,000 in an IRA earning 8 percent annually. How much does he need to save each year, beginning at the end of this year, to reach his target

Answers

Solution :

Given :

James needs $ 1,000,000 after 15 years.

His IRA deposit is $ 200,000 and is earning at the rate of 8% per annum.

Maturity value of $200,000 after 15 years = [tex]2000000 \times( 1.08)^{15}[/tex]

                                                                     = $ 634,434.

Balance fund needed after 15 years = 1,000,000 - 634,434

                                                           = $ 365,566

Therefore, the future value of the annuity is :

[tex]FV=A[\frac{(1+k)^n-1}{k}][/tex]

Here, FV = future annuity value = 365,566

            A = periodical investment

            k = interest rate = 8%

            n = period = 15 years

∴[tex]365566 = A\frac{[(1.08)^{15}-1]}{0.08}[/tex]

       A = 13,464

Thus, James needs to save $ 13,464 each year end to reach his target.

A restaurant offers a 20% discount on all meals for people aged 60 and older. This restaurant is practicing:_________

a. monopolistic competition.
b. efficient pricing.
c. reservation pricing.
d. price discrimination.
e. price retention.

Answers

Answer:

d

Explanation:

Price discrimination is when the same product is sold at different prices to customers in different markets

types of price discrimination

1. first degree price discrimination : here sellers charge each consumer at their willingness to pay in order to eliminate consumer surplus.

2. second degree price discrimination : here firms offer different prices depending on the quantity purchased. e.g. giving discounts for bulk purchases.  

3, third degree price discrimination : firms charge different prices to different groups of customers. e.g. having a certain price for senior citizens, students  

Requirements to practice successful price discrimination  

1. The firm must have market power. If the firm does not have market power and attempts to price discriminate they would lose customers

2. The firm must have different elasticities of demand for their product in different markets

3. The firm must be able to segment the market for their products  

The restaurant who offers a 20% discount on all meals for people aged 60 years and above is practicing price discrimination.

Price discrimination can be defined as a situation in which the producer charges different prices for different groups of customers buying the same product.

This means, all customers be are purchasing the bc same commodity but are charged differently by the producer.

Therefore, the restaurant is practicing price discrimination system

Learn more about price discrimination here:

https://brainly.com/question/18564948

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