Answer:
the effect will decrease net income by 9588.73
Explanation:
(1) we have salaries expense for the accrued amount
3 employees x 690 x 2/5 +
5 employees x 1150 x 2/5 = 3128
(2)
earned rent revenue
Nov 1st 3,940 for 6 month 2 month accrued = 1,313.33
Dec 1st 10,370 for 6 month 1 month accrued = 1,728.33
total earnings 3,041.67
(3)
6,960 for a whole year accrued for the year
between May 1st to Dec 31th = 4,640
9,600 for 24 months
between Oc 1st and Dec 31th portion accrued 3/24 = 1,200
total advertizing expense 5,840
(4)
Note Payables interest expense accrued
principal x rate x time
(portion of a year between june 1st and dece4mber 31th)
78,480 x 0.08 x 7/12 = 3.662,4
Net effect:
rent revenue 3,041.67
salaries expense (3128)
advertizing expense (5,840)
interest expense (3,662.4)
total impact (9588.73)
5. Calculating tax incidence Suppose that the U.S. government decides to charge cola consumers a tax. Before the tax, 40 billion cases of cola were sold every year at a price of $5 per case. After the tax, 34 billion cases of cola are sold every year; consumers pay $6 per case (including the tax), and producers receive $2 per case. The amount of the tax on a case of cola is $ per case. Of this amount, the burden that falls on consumers is $ per case, and the burden that falls on producers is $ per case. True or False: The effect of the tax on the quantity sold would have been larger if the tax had been levied on producers. True False
Answer:
The amount of tax on a case of Cola is ;
= Selling price - Producer gain
= 6 - 2
= $4
The burden that falls on consumers is;
= Current selling price - Previous selling price
= 6 - 5
= $1
The burden that falls on the producers is;
= Selling price less consumer tax - Producer gain
= 5 - 2
= $3
The effect of the tax on the quantity sold would have been larger if the tax had been levied on producers. FALSE.
Whether the tax is on the producer or on the consumer makes no difference because the quantity sold will be the same. The statement is therefore false.
You are an astronaut on a deep space mission. You are in suspended animations for 40 years before you return to earth. Your parents have died, but, since you were the favorite son (since you were an astronaut and all), they left you first choice over your ne'er-do-well brother, Sigmund. Your choices are your parent's Roth IRA or their traditional IRA. The Roth IRA has $2 million in it. The traditional IRA has $2.5 million in it. Your income is well within the 30% tax bracket and you are old enough to withdrawl the money without penalty. Assume that you will withdrawl all the money at once. Which IRA would you choose and why?
Answer:
you should choose the Roth IRA
Explanation:
we have to calculate after tax return in order to determine which option is better:
traditional IRA account: after tax return = $2,500,000 x (1 - 30%) = $1,750,000Roth IRA account: after tax return = $2,000,000, since Roth IRA's distributions are tax freeRoth IRA contributions are not tax deductible, that is why their distributions are tax free. While traditional IRA contributions are tax deductible, that is why their distributions are taxed at marginal tax rate.
A stock has a beta of 1.90 and an expected return of 15 percent. A risk-free asset currently earns 3.6 percent. a. What is the expected return on a portfolio that is equally invested in the two assets? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. If a portfolio of the two assets has a beta of .95, what are the portfolio weights? (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., .1616.) c. If a portfolio of the two assets has an expected return of 7 percent, what is its beta? (Do not round intermediate calculations. Round your answer to 3 decimal places, e.g., 32.161.) d. If a portfolio of the two assets has a beta of 3.80, what are the portfolio weights?
Answer:
a. E(Rp) = W1 * E(R1) + W2 * E(R2) : W = Weight of risk free asset in portfolio , E(R) = Return of risk free asset
Expected Return of Portfolio = 0.5*3.6 + 0.5*15
Expected Return of Portfolio = 1.8 + 7.5
Expected Return of Portfolio = 9.3%
b. When a portfolio is composed of one risk free asset and one another risky stock
бp = W1 * б1
The S.D. of a stock or portfolio in this case as given by Beta
0.95 = W1 * 1.9
W1 = 0.95/1.9
W1 = 50%
Weight of risk free asset = 1 - 0.5
Weight of risk free asset = 50%
c. E(Rp) = W1 * E(R1) + W2 * E(R2)
7 = W1 * 3.6 + W2 * 15
With Trial and error method: W1 = 0.7, W2 = 0.3
Beta of Portfolio = 0.3 * 1.9
Beta of Portfolio = 0.57
d. Beta of Portfolio = Weight of risky asset * Beta of risky stock
3.8 = W * 1.9
W = 3.8/1.9
W = 2
Weight of risk free asset = 1 - 2
Weight of risk free asset = -1.
The financial information of Z, Inc. is as follows: EBIT/share: $5 EPS: $3 Growth rate: 15% Stock Price per share: $48 The industry averages of price-EBIT ratio, PE ratio and PEG ratio are 10, 15, and 1.2 respectively. What is the implied stock price of Z, Inc. using the PE ratio
Answer:
$45
Explanation:
What is the implied stock price of Z, Inc. using the PE ratio?
EPS = $3
Industry PE ratio = 15
Price per share as per industry PE averages = 15* $3
Price per share as per industry PE averages = $45
Hence, the implied stock price of Z, Inc. using the PE ratio is $45
Velshi Printers has contracts to complete weekly supplements required by forty-six customers. For the year 2018, manufacturing overhead cost estimates total $600,000 for an annual production capacity of 12 million pages. For 2018 Velshi Printers has decided to evaluate the use of additional cost pools. After analyzing manufacturing overhead costs, it was determined that number of design changes, setups, and inspections are the primary manufacturing overhead cost drivers. The following information was gathered during the analysis: Cost pool Manufacturing overhead costs Activity level Design changes $120,000 500 design changes Setups 380,000 4,000 setups Inspections 100,000 9,000 inspections Total manufacturing overhead costs $600,000 During 2018, two customers, Money Managers and Hospital Systems, are expected to use the following printing services: Activity Money Managers Hospital Systems Pages 70,000 86,000 Design changes 12 0 Setups 17 7 Inspections 26 34 Using pages printed as the only overhead cost driver, what is the manufacturing overhead cost estimate for Money Managers during 2018?
Answer:
$4,783.88
Explanation:
As for the provided information, the problem is based on activity based costing.
There are 3 activities:
i) Design Changes = $120,000 for 500 changes
Cost per change = [tex]\frac{120,000}{500}[/tex] = $240 for each change
ii) Setups = $380,000 for 4,000 setups
Cost per setup = [tex]\frac{380,000}{4,000}[/tex] = $95 for each setup
iii) Inspections = $100,000 for 9,000 inspections
Cost per inspection = [tex]\frac{100,000}{9,000}[/tex] = $11.11
In case of Money Managers, there is printing of 70,000 pages
Design charges = 12 design changes [tex]\times[/tex] $240 = $2,880
Setup charges = 17 setups [tex]\times[/tex] $95 = $1,615
Inspection charges = 26 inspections [tex]\times[/tex] $11.11 = $288.88
Total overhead cost for Money Managers = $2,880 + $1,615 + $288.88 = $4,783.88
The manufacturing overhead cost estimate for Money Managers during 2018 is $4,783.88.
Overhead CostTo calculate overhead cost for Money Managers, we need to find the Design, Inspection, and Setup charges.
We are provided with the following information:
Total Design Changes Cost $120,000 for 500 changes
Total Setups cost $380,000 for 4,000 setups
Total Inspections Cost $100,000 for 9,000 inspections
By this information we can get the charges per design, charges per setup, and charges per Inspection.
On dividing total cost with the units we will get following results
charges per design = $240
charges per setup = $95
charges per Inspection = $11.11
The Money Managers using 70,000 pages, in which design changes are 12, 17 setups, and 26 inspections.
Hence, Design charges = $2880, Setup charges = $1615, Inspection charges = $288.88.
And the Total Overhead Cost will be = $2,880 + $1,615 + $288.88 = $4,783.88
Learn more about Overhead Cost here:
https://brainly.com/question/26454135
Q2. (5 Pts.) Performance Sails’ accountant (from Q1) suggests that in addition to the variable cost (labor cost) also the fixed cost (rent) should be factored into the productivity calculations. The cost to rent store space and the hourly wage rates are given below. Sausalito Alameda Embarcadero Oakland Monthly Sales volume $40,000 $12,000 $60,000 $25,000 Labor hours/month 250 60 500 200 Labor cost/hr $6.75 $6.50 $6.00 $5.50 Rent (per month) $1,900 $1,500 $2,150 $900 Productivity a. Which store is most productive? b. Performance Sails is not sure it can keep all four stores open. Based on productivity, which store would you close? What other factors should be considered? c. What would Alameda’s multi-factor productivity be if the monthly sales could be increased to $24,000 (please make sure to identify which costs are variable and fixed and adjust the variable cost proportional to the sales increase)?
Answer:
a. Which store is most productive?
Oaklandb. Performance Sails is not sure it can keep all four stores open. Based on productivity, which store would you close?
AlamedaWhat other factors should be considered?
Total volume sales could also be a factor to consider, except that in this case, Alameda store sells the least amount per month.c. What would Alameda’s multi-factor productivity be if the monthly sales could be increased to $24,000 (please make sure to identify which costs are variable and fixed and adjust the variable cost proportional to the sales increase)?
total costs = (120 x $6.50) + $1,500 = $2,280multi-factor productivity = $24,000 / $2,280 = 10.53 (still the lowest, the problem is that the rent is too high, labor productivity is not a problem)Explanation:
Sausalito Alameda Embarcadero Oakland
Monthly Sales $40,000 $12,000 $60,000 $25,000
Labor hours 250 60 500 200
Labor cost/hr $6.75 $6.50 $6.00 $5.50
Total labor $1,687.50 $390 $3,000 $1,100
Rent (month) $1,900 $1,500 $2,150 $900
Total cost $3,587.50 $1,890 $5,150 $2,000
Multi-factor 11.15 6.35 11.65 12.5
productivity
1. what are three characteristics of credit cards
2. What are three fees that banks can charge for their services?
Answer:
Alternative to cash. Credit limit, Aids payment in domestic and foreign currency. and Account maintenance and minimum balance. Many banks charge fees for maintaining checking or savings accounts, ATM, Overdraft
Explanation:
Adcock Company issued $600,000, 9%, 20-year bonds on January 1, 2020, at 103. Interest is payable annually on January 1. Adcock uses straight-line amortization for bond premium or discount. Prepare entries to record issuance of bonds, payment of interest, amortization of premium, and redemption at maturity. Instructions Prepare the journal entries to record the following. a. The issuance of the bonds. b. The accrual of interest and the premium amortization on December 31, 2020. c. The payment of interest on January 1, 2021. d. The redemption of the bonds at maturity, assuming interest for the last interest period has been paid and recorded.
Answer: Please find answers in explanation column.
Explanation:
a. Journal to record The issuance of the bond
Date Account Titles Debit Credit
Jan. 1 Cash $618,000
9% Bonds payable $600,000
Premium on Bonds payable $18,000
Calculation
Cash = 600,000 x 103% =$618,000
b. The accrual of interest and the premium amortization on December 31, 2020
Date Account Titles Debit Credit
Dec. 31 Interest expense $53,100
Premium on Bonds payable $900
Interest payable $54,000
Calculation
Interest = 600,000 x 9% = $54,000
Premium on bonds = 18,000 /20 = $900
Interest expense=$54,000- $900=$53,100
c.Journal to record The payment of interest on January 1, 2021. Date Account Titles Debit Credit
Jan. 1 Interest payable 54000
Cash 54000
d) Journal to record The redemption of the bonds at maturity, assuming interest for the last interest period has been paid and recorded.
Date Account Titles and Explanation Debit Credit
Jan. 1, 2 Bonds payable $600,000
Cash $600,000
Mentor Graphics Corporation, a supplier of electronic design automation systems, just announced its second quarter results. According to the earnings press release, the company reported "revenues of $182.6 million, non-GAAP earnings per share of $0.02, and a GAAP loss per share of $0.22." Elsewhere in the press release the company says that non-GAAP earnings excludes the following items incurred during the quarter: equity-based (noncash) employee compensation; severance and related employee "rebalancing" costs; fees paid to consultants; losses related to the abandonment of excess facility space and a facility fire; interest expense; along with other assorted items. There is no standard definition of non-GAAP earnings. Each firm is permitted to construct its own definition for press release purposes. As a result, the Securities and Exchange Commission requires firms such as Mentor Graphics to provide a reconciliation of GAAP and non-GAAP earnings any time a non-GAAP measure is presented.
Required:
1. Which of the excluded items represent ongoing costs of running the business and which are one-time "special" costs?
2. How might analysts and investors benefit when firms call attention to their non-GAAP earnings. 3. How might analysts and investors be harmed?
Answer:
1. Which of the excluded items represent ongoing costs of running the business and which are one-time "special" costs?
it depends on the company and the actual transactions, e.g. equity based compensation might be a one time special cost because it occurred only once and is doubtful that it happens again. But if the company regularly rewards its top managers with this type of compensation, then it is an ongoing cost. E.g. Tesla awarded a HHHHUUUUUUGGGGGGGEEEEEEE bonus to Elon Musk (worth hundreds of millions) but it was a one time event. While many companies use equity compensation on a regular basis.
Severance and related employee "rebalancing" costs generally take place when a company fires a lot of people because it is cutting down some division or product line. Hopefully, they should never happen, and if they do, it should be only a one time event.
Fees paid to consultants and interest expenses are ongoing costs that will probably occur in the future.
Losses related to the abandonment of excess facility space and a facility fire should be one time events. It would be really bad for them to keep happening (same as severance and rebalancing costs)
Why was Sony willing to raise the price of its Playstation 3 over Playstation 2, causing a lower number of sales
The reason why Sony raised their prices on the Playstation 3 was because c. Although consoles were significantly more expensive than traditional videogame consoles, Sony was willing to concede some ground in the PlayStation battle to win the Blu-ray war.
Why was this the case?At the time, Blu-Rays were still gaining popularity and Sony wanted to tap into that popularity to become a market leader.
The Playstation 3 was Blu-ray equipped so Sony raised prices on it because they knew that they would make back profits when more people started buying blu-ray.
In conclusion, option C is correct.
Find out more on Blu-ray at https://brainly.com/question/3407175.
Suppose that the nearby campers impose a cost of $500 on you and your roommate. If they had to move to a campsite where they could make as much noise as they wished, they would incur a cost of $200. Think of this as the cost of having to physically pack up their stuff and hike to another site. If they stayed and had to be quiet and not disturb you, they would incur a cost of $300. The park rules specify that whoever arrived first has a right to an undisturbed camping spot. Which of the following outcomes would be consistent with the Coase theorem?
a. You would pay them $250 to move.
b. They would pay you $180 to stay where they are.
c. They would move, as the cost to keep quiet would be more than the cost to move.
d. They would pay you $600 to stay where they are.
Answer:
C: They would move, as the cost to keep quiet would be more than the cost to move.
Explanation:
Because you hold the property rights, you have the right to an undisturbed campsite. Therefore, there are three possibilities: they can move; they can stay but have to remain quiet; or they can stay, make as much noise as they wish, but have to compensate you for the costs they impose on you. We can eliminate the last solution easily, as paying you $180 would not be enough to compensate you for the $500 cost they would impose on you, and $600 would be more than it would cost them to move or stay and be quiet. Therefore, they either have to move, or they have to stay and be quiet. If they move, they will incur a cost of $200. If they stay and be quiet, they will incur a cost of $300. Therefore, they will move to a different campsite, and you will get your peace and quiet back.
C: They would proceed, as the cost to keep quiet would be more additional than the cost to proceed.
What are the Property Rights?
You can maintain the property rights, you have the right to undisturbed grounds.
Thus, there are three possibilities: they can move; they can stay but have to stay quiet; or they can remain, make as much bluster as they wish, but have to compensate you for the costs then impose on you.
We can eradicate the last solution easily, as paying you $180 would not be enough to compensate you for the $500 cost they would charge you, and $600 would be better than it would cost them to transfer or stay and be quiet.
Thus, they either have to move, or they have to stay and be silent. When they move, they will incur a cost of $200.
If they remain and also be quiet, they will incur a cost of $300.
Hence, they will move to a further campsite, and also you will get your relaxation and also quiet back.
Find more information about Property Rights here:
https://brainly.com/question/24461495
Explain whether each of the following events increases, decreases, or has no effect on the unemployment rate and the labor-force participation rate.
a. After a long search, Jon finds a job.
b. Tyrion, a full-time college student, graduates and is immediately employed.
c. After an unsuccessful job search, Arya gives up looking and retires.
d. Daenerys quits her job to become a stay-at-home mom.
e. Sansa has a birthday, becomes an adult, but has no interest in working.
f. Jaime has a birthday, becomes an adult, and starts looking for a job.
g. Cersei dies while enjoying retirement.
h. Jorah dies working long hours at the office.
Answer:
Explanation:
a)After a long search, Jon finds a job.
There is decrease in unemployment rate ,there is zero effect on labor-force participation rate
Hint: he is now among the labour force, immediately he found the job
b. Tyrion, a full-time college student, graduates and is immediately employed.
✓the unemployment rate decreases ,
labor-force participation rate also increases as result of increase in number of the labor-force participation in which Tyrion is now part of them.
c. After an unsuccessful job search, Arya gives up looking and retires.
d. Daenerys quits her job to become a stay-at-home mom.
e. Sansa has a birthday, becomes an adult, but has no interest in working.
f. Jaime has a birthday, becomes an adult, and starts looking for a job.
g. Cersei dies while enjoying retirement.
h. Jorah dies working long hours at the office.
Please answer
Amira budgeted $400 for her expenses this week. She spent $350. What is TRUE about Amira's budget and spending?
A.Amira owes interest on her $50 variance.
B.Amira should take out a loan.
C.Amira has a deficit of $50 this week.
D.Amira has a surplus of $50 this week
Answer:
Amira has a surplus of $50 this week.
Source: Trust me bro
If Suzie writes a check for a new car, she is using money as a
Answer:capital
Explanation:
In business if you use your money from it, it's your capital equity your using
Answer please
You are teaching a lesson on how to stay informed about your finances and protect yourself from identity theft. What is the BEST piece of advice you would give?
A.Examine your financial accounts once a month for fraudulent activity,
B.Avoid checking your credit report often because it will lower your credit score.
C.Only have your Social Security number visible on personal documents such as checks
D.Use cash for all of your transactions so that no personal information is accessible to others
Answer:
Option A
Explanation:
The best piece of advice you could possibly give to protect oneself from identify theft is to always "examine your financial accounts once a month for fraudulent activity" or option A. Fraudulent activity as in purchases you made, that you didn't know you made, which pretty much confirms that your identity was stolen speaking how the first thing a identify thief will do once they get someone's personal information is to spend their money. Looking over your financial accounts at least once a month will ensure that no one else is spending your money or has your personal information.
Hope this helps.
discuss the negative impact of piracy on business
How can you use change management to gain a competitive advantage?
Answer:
Organisations which are great at change management are constantly improving their ability to perform change, actively involving people, and integrating change into their cultures. These organisations achieve competitive advantage by performing change management better, faster, and with fewer resources than competitors.
Explanation:
cuz
The following summary transactions occurred during 2018 for Bluebonnet Bakers: Cash Received from: Customers $ 380,000 Interest on note receivable 6,000 Principal on note receivable 50,000 Sale of investments 30,000 Proceeds from note payable 100,000 Cash Paid for: Purchase of inventory 160,000 Interest on note payable 5,000 Purchase of equipment 85,000 Salaries to employees 90,000 Principal on note payable 25,000 Payment of dividends to shareholders 20,000 The balance of cash and cash equivalents at the beginning of 2018 was $17,000.
Required:
Prepare a statement of cash flows for 2018 for Bluebonnet Bakers. Use the direct method for reporting operating activities.
Answer:
Statement of cash flows for the year ended 2018
Cash flow from Operating Activities
Cash Receipts from Customers $ 380,000
Cash Paid to Suppliers and Employees ($250,000)
Cash Generated from Operations $130,000
Interest on note payable ($5,000)
Net Cash from Operating Activities $125,000
Cash flow from Investing Activities
Interest on note receivable $ 6,000
Principal on note receivable $ 50,000
Sale of investments $ 30,000
Purchase of equipment ($85,000)
Net Cash from Investing Activities $1,000
Cash flow from Financing Activities
Proceeds from note payable $100,000
Principal on note payable ($25,000)
Dividends Paid ($20,000)
Net Cash from Financing Activities $55,000
Movement in Cash and Cash Equivalents $151,000
Beginning Cash and Cash Equivalents $17,000
Ending Cash and Cash Equivalents $168,000
Explanation:
The Direct Method Include only the Cash receipts from customers and Cash payments to suppliers and employees in the calculation of cash generated from operations under the Cash flow from Operating Activity Section of the Statement.
Calculation of Cash Paid to Suppliers and Employees
Purchase of inventory $160,000
Salaries to employees $90,000
Cash Paid to Suppliers and Employees $250,000
Christina, who is single, purchased 140 shares of Apple Incorporated stock several years ago for $8,400. During her year-
end tax planning, she decided to sell 70 shares of Apple for $3,850 on December 30. However, two weeks later, Apple
introduced its latest iPhone, and she decided that she should buy the 70 shares (cost of $3.990) of Apple back before
prices skyrocket (Leave no answers blank. Enter zero if applicable.)
. What is Christina's deductible loss on the sale of 70 shares? What is her basis in the 70 new shares?
Christina's deductible loss on the sale of 70 shares is $0 and her basis in the 70 new shares is $4,340.
Deductible lossa. Her deductible loss will be $0 because no deductible loss.
b. Basis in the new shares
Loss=3,850-(8,400×70/140)
Loss=3,850-(8,400×0.5)
Loss=3,850-4,200
Loss=350
New shares basis =350+ 3,990
New shares basis =350+3,990
New shares basis =$4,340
Inconclusion Christina's deductible loss on the sale of 70 shares is $0 and her basis in the 70 new shares is $4,340.
Learn more about deductible loss here:https://brainly.com/question/2231991
Find alternatives or options for offshore drilling in the Arctic?
Fabricators, Inc. wants to increase capacity by adding a new machine. The fixed costs for machine A are $50,000, and its variable cost is $15 per unit. The revenue is $25 per unit. What is the break-even point for machine A
The break-even point for Machine A given the fixed costs and variable costs is 5000.
What is the break-even point?The break-even point is the point at which the number of units produced and sold at which net income is zero. It is the ratio of fixed cost to the contribution margin.
Breakeven quantity = fixed cost / price – variable cost per unit
$50,000 / ($25 - $15)
$50,000 / $10 = 5000
To learn more about breakeven point, please check: https://brainly.com/question/17960037
Jack and Jill own a successful engineering company, which sponsors a 401(k) plan that requires standard eligibility. Sam, Tom and Pat are the only other employees, who are between the ages of 25 and 29 and have been with the company for a couple of years. Jack and Jill each have salaries of $200,000, while their employees have salaries ranging between $28,000 and $30,000. Jack and Jill both defer $10,000 each. Sam, who is Jack and Jill's son, earns $30,000 and defers $6,000 into the 401(k) plan. Tom, who makes $28,000, defers $2,800, while Pat does not defer anything into the 401(k) plan. Which of the following statements is correct? a. The ADP for the NHC employees is 6.67% b. If the plan failed the ADP test, then the issue could be solved by providing a qualified matching contribution to all five employees. c. Jack and jill are the only highly compensated employees. d. If the company hired a new employee, it would not increase the amount that Jack and Jill can defer during the first year of the employee's employment?
Answer: Jack and Jill are the only highly compensated employees.
If the company hired a new employee, it would not increase the amount that Jack and Jill can defer during the first year of the employee’s employment
Explanation:
From the data presented above it is very obvious that jack and jull are the only employees who are highely compnested with each earning almost 8 times what other employees earning.
even if the company employed new employees, this would still not affect the amount Jack and Jill would be able to differ.
Explore the impact of the traditional approaches to Labour Relations and evaluate how they impact on the interactions and nature of the relationship of the parties to the labour relationship. Include the role of the state in your answer.
Brian should use the
sign while searching for the phrase.
Answer:
I dont understand the question ? Rephrase ?
Explanation:
For each of the following sentences, choose the option that makes the message more reader oriented.
1. Come to Barclay’s Furniture and see how low we’ve cut prices at our grand opening in Seattle!
a. You’ll save with major discounts at the Barclay Furniture Seattle store’s grand opening.
b. We’ve cut prices just for you at the Barclay Furniture Seattle store’s grand opening.
c. No change necessary.
2. Our affordable prices and great styles will make redecorating your home a breeze.
a. Redecorate your home with the latest styles at an affordable price.
b. We’ll help you redecorate your home with the latest styles and the most affordable prices.
c. No change necessary.
3. We’ll slash an additional 10 percent off living room sets if you shop by Tuesday.
a. No change necessary.
b. If you don’t shop by Tuesday, you’ll miss our additional 10 percent discount on living room sets.
c. Shop by Tuesday and you’ll save an additional 10 percent on all living room sets.
Answer:
1. Come to Barclay’s Furniture and see how low we’ve cut prices at our grand opening in Seattle!
Option that makes the message more reader oriented
a. You’ll save with major discounts at the Barclay Furniture Seattle store’s grand opening as it is most appropriate and more consumer friendly.
2. Our affordable prices and great styles will make redecorating your home a breeze
Option that makes the message more reader oriented
b. We’ll help you redecorate your home with the latest styles and the most affordable prices as it touches the consumer with the help.
3. We’ll slash an additional 10 percent off living room sets if you shop by Tuesday.
Option that makes the message more reader oriented
c. Shop by Tuesday and you’ll save an additional 10 percent on all living room sets as it is very pleasing.
(Issuance of Bands with Detachable Warrants) On september 1, 2017, Sands Company sold at 104 (plus accrued interest) 4,000 of its 9%, 10-year, $1,000 face value, nonconvertible bonds with detachable stock warrants. Each bond carried two detachable warrants. Each warrant was for one share of common stock at a specified option price of $15 per share. Shortly after issuance, the warrants were quoted on the market for $3 each. No fair value can be determined for the Sands Company bonds. Interest is payable on December 1 and June 1. Bond issue costs of $30,000 were incurred.Prepare in general journal format the entry to record the issuance of the bonds.
Answer:
September 1, 2017, bonds issued at a premium, + accrued interests, + stock warrants + issuance costs
Dr Cash 4,220,000
Dr Bond issuance costs 30,000
Cr Bonds payable 4,000,000
Cr Premium on bonds payable 136,000
Cr Additional paid in capital - stock warrants 24,000
Cr Interest payable 90,000
*Detachable warrants must be recorded separately than the bonds. They must be recorded as APIC stock warrants.
Explanation:
sales price of the bonds = $4,000,000 x 1.04 = $4,160,000
cost of the warrants = $3 x 2 warrants x 4,000 bonds = $24,000
premium on bonds payable = $4,160,000 - $4,000,000 - $24,000 = $136,000
bonds issuance costs (amortizable) = $30,000
accrued interests = $4,000,000 x 9% x 3/12 months = $90,000
total cash received = $4,160,000 + $90,000 - $30,000 = $4,220,000
Sandler Industries manufactures plastic bottles for the food industry. On average, Sandler pays $70 per ton for its plastics. Sandler's waste-disposal company has increased its waste disposal-charge to $57 per ton for solid and inert waste. Sandler generates a total of 500 tons of waste per month. Sandler's managers have been evaluating the production processes for areas to cut waste. In the process of making plastic bottles, a certain amount of machine "drool" occurs. Machine drool is the excess plastic that drips off the machine between molds. In the past, Sandler has discarded the machine drool. In an average month, 190 tons of machine drool is generated. Management has arrived at three possible courses of action for the machine drool issue
Required:
What is the annual cost of the machine drool currently?
Based on the amount of drool generated, the cost of the plastics, and the disposal cost, the annual cost of the machine drool is $289,560.
What is the annual cost of the machine drool?This can be found as:
= Material cost of machine drool - Disposal cost
Material cost = (Machine drool generated per month x Number of months in year x Cost of each ton of drool)
Disposal cost = (Machine drool generated per month x Number of months x disposal charge)
Solving gives:
= (190 x 12 x 70) + (190 x 12 x 57)
= 159,600 + 129,960
= $289,560
Find out more on annual cost of waste at https://brainly.com/question/10910406.
oss Music Inc. reported the following selected information at March 31. 2022 Total current assets $262,787 Total assets 439,832 Total current liabilities 293,625 Total liabilities 376,002 Net cash provided by operating activities 62,300 Calculate the current ratio, the debt to assets ratio, and free cash flow for March 31, 2022. The company paid dividends of $12,000 and spent $24,787 on capital expenditures. (Round current ratio and debt to assets ratio to 2 decimal places, e.g. 15.25. If answer is negative enter it with a negative sign preceding the number e.g. -15,000 or in parentheses e.g. (15,000).) Current ratio enter a current ratio rounded to 2 decimal places :1 Debt to assets enter debt to assets ratio in percentages rounded to 2 decimal places % Free cash flow $enter the free cash flow in dollars
Answer:
Please see below
Explanation:
a. Current ratio
= Total current assets / Total current liabilities
= $262,787 / $293,625
= 0.89
b. Debt to assets ratio
= Total current liabilities / Total assets
= $293,625 / $439,832
= 0.67
c. Free cash flow
= Net cash provided by operating activities - Dividends - Capital expenditure
= $62,300 - $12,000 - $24,787
= $15,685
A company decides to diversify a product by creating a new product range. Which stage of the its life cycle is the product most likely in? A company decides to diversify a product by creating a new product range. It is most likely in the stage.
Answer:
Introduction.
Explanation:
A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.
Generally, there are four (4) stages in the product-life cycle;
1. Introduction.
2. Growth.
3. Maturity.
4. Decline.
Basically, the introduction stage is the fist stage of a product's life cycle, indicating that it is new in the market. Hence, this stage is typically characterized by low (slow) sales and as such the company (producer) has to invest so much in advertisements, marketing and promotional strategies (campaigns) in order to increase customer awareness.
In this scenario, a company decides to diversify a product by creating a new product range. Therefore, the life cycle stage the product is most likely in is introduction.
the sun....... (rise) at 6.04 this morning
Answer:
the sun rose at 6.04 this morning
Explanation:
hope it helps
ps: mark as brainliest