Kohler Corporation reports the following components of stockholders’ equity at December 31 of the prior year the Total stockholders' equity is 1,426,125.
Stockholders are individuals or entities that own shares or stocks in a company. They are also known as shareholders or equity owners. When someone purchases a stock in a company, they become a partial owner of that company. This ownership entitles them to vote on certain company matters, such as board member elections and significant business decisions. It also entitles them to a portion of the company's profits, called dividends.
Stockholders are important to a company because they provide the necessary capital for growth and expansion. The more stocks a company sells, the more money it can raise for operations or investment. Additionally, having a diverse range of stockholders provides a company with a broad base of support, reducing the risks associated with relying on a single or small group of investors. Overall, stockholders play a crucial role in the success of a company and are an essential component of the capitalist economic system.
To learn more about Stockholders visit here:
brainly.com/question/18523103
#SPJ4
if the industry average profit margin is 12%, then rosnan's lower than average debt-to-assets ratio might be one reason for its high profit margin.
Rosnan Industries balance sheets and income statements show that the current ratio is sufficient to carry the transaction.
What is the profit margin?The profitability of your company is determined by its profits. It evaluates the portion of each pound in purchases or services the corporation retains of its profits and is stated as a percentage.
a)Calculation of the Current ratio for 2019
The current Ratio will be determined as:
=Total Current assets/Total Current liabilities
=$710/$335
=2.1194
b) current ratio is termed higher than 1 it will be sufficient
c) Total assets turnover ratio - 2019
Total assets turnover ratio formula
=Sales/Average total assets
Average total assets will be
=(Total Assets in 2019+Total assets in 2018)/2
= ($2710+$2,185)/2
= $2447.50
Total assets turnover ratio
=$1,885/$2447.50
=0.7702
Rather than average total assets, visitors could also utilize cash and cash equivalents. Nonetheless, if possible, it is advised to just use average total holdings. The total assets turnover ratio becomes; if you utilize total assets rather than average total assets.
=$1,885/$2710
=0.6956
Learn more about profit margin, here:
https://brainly.com/question/28212891
#SPJ2
The question is incomplete, the complete question is:
Rosnan Industries' 2018 and 2017 balance sheets and income statements are shown below.
Balance Sheets:
2018 2017
Cash and equivalents $120 $105
Accounts receivable 275 300
Inventories 375 350
Total current assets $770 $755
Net plant and equipment 2,000 1,490
Total assets $2,770 $2,245
Accounts payable $150 $85
Accruals 75 50
Notes payable 170 195
Total current liabilities $395 $330
Long-term debt 450 290
Common stock 1,225 1,225
Retained earnings 700 400
Total liabilities and equity $2,770 $2,245
Income Statements:
2018 2017
Sales $2,000 $1,500
Operating costs excluding depreciation 1,250 1,000
EBITDA $750 $500
Depreciation and amortization 100 75
EBIT $650 $425
Interest 62 45
EBT $588 $380
Taxes (40%) 235 152
Net income $353 $228
Dividends paid $53 $48
Addition to retained earnings $300 $180
Shares outstanding 100 100
Price $25.00 $22.50
WACC 10.00%
What is the firm’s 2018 current ratio? Round your answer to two decimal places.
The 2018 current ratio indicates that Rosnan has -Select-insufficientsufficientCorrect 1 of Item 3 current assets to meet its current obligations as they come due.
What is the firm’s 2018 total assets turnover ratio? Round your answer to four decimal places.
Given the 2018 current and total assets turnover ratios calculated above, if Rosnan’s 2018 quick ratio is 1.0 then an analyst might conclude that Rosnan’s fixed assets are managed -Select-efficientlyinefficientlyCorrect 1 of Item 4.
What is the firm’s 2018 debt-to-capital ratio? Round your answer to two decimal places.
%
If the industry average debt-to-capital ratio is 30%, then Rosnan’s creditors have a -Select-smallerbiggerCorrect 1 of Item 5 cushion than indicated by the industry average.
What is the firm’s 2018 profit margin? Round your answer to two decimal places.
%
If the industry average profit margin is 12%, then Rosnan’s lower than average debt-to-capital ratio might be one reason for its high profit margin.
darren is preparing to graduate college and has dreams of opening a pizza chain focused on healthy ingredients. darren has no money, few possessions, little credit, and does not have family members in a position to loan him money. darren should try to fund his business through
Darren has no money, , little credit, and does not have family members to loan him money. Darren should try to fund his business through venture capitalists.
Option A is correct.
Darren ought to make an effort to raise money for his company from venture capitalists. Currently, venture capitalists are Darren's only option. The other choices are based on Darren's own wealth or the wealth of family members, and Darren is said to lack a lot of money, or connections.
What are venture capitalists' duties?As a result, venture capitalists make investments in businesses that have the potential for rapid growth or cash flow generation. Venture capitalists typically exit their investments by selling to a trade buyer, listing on the stock exchange, or management buyout.
Incomplete question :
Darren is preparing to graduate college and has dreams of opening a pizza chain focused on healthy ingredients. Darren has no money, little credit, and does not have family members in a position to loan him money. Darren should try to fund his business through______
A.Venture capitalists
B. Equity financing based on his own assets
C. Equity financing
D. Debt financing
Learn more about venture capitalist :
brainly.com/question/18776651
#SPJ1
when a competitive market is at equilibrium this is also when the total surplus is minimized equal maximized___
When the price is the same as the market equilibrium price, total surplus is maximised.
Why is total surplus maximised in an equilibrium market?When a market provides at its equilibrium value and quantity, overall welfare is maximised. Due to the fact that no alternative quantity and price combination can produce a higher level of total surplus, this level of output is regarded as allocatively efficient. The economy is more efficient the bigger the overall surplus. At the quantity of the free market equilibrium, total surplus and hence economic efficiency are maximum. Only the most effective producers will indeed be capable of producing a product that is cheaper than the market rate in highly competitive markets.
To know more about total surplus visit:
https://brainly.com/question/29213834
#SPJ4
Suppose a plaintiff alleges that a North Carolina campaign-financing law violates his First Amendment (to the United States Constitution) free speech rights. This case _____, and it falls under _____ jurisdiction.
O raises a federal question; exclusive federal
O raises a federal question; concurrent
O raises a state question; concurrent
O raises a state question; exclusive state
O raises a state question; exclusive federal
Let's say a plaintiff claims that a campaign finance law in North Carolina infringes his First Amendment freedom of speech rights. This case, which is within the scope of jurisdiction, concerns an exclusive federal issue.
Is federal law the only applicable law?Legal actions brought in either a civil court against by the United States or its agents are exclusively subject to federal courts' subject-matter jurisdiction. In other words, only a federal court may hear any action that involves the US State is a claimant or defendant.
What qualifies a case as a federal issue?A real question of law or dispute that, because it involves a treaty, an international agreement, a federal statute, or the law of the United States, can be initially decided by a federal court in the country.
To know more about First Amendment visit:
https://brainly.com/question/1078243
#SPJ1
true/false. in a two-country, two-commodity model, if a country has higher labor productivity in producing both the goods, it must produce and export both the goods to the other country.
The statement in a two-country, two-commodity model, if a country has higher labor productivity in producing both the goods, it must produce and export both the goods to the other country is false.
By exporting the good for which it has a comparative advantage, he showed that if two countries that are capable of producing two commodities engage in free trade (although under the assumption that capital and labour do not transfer globally).
Then each country will enhance its overall consumption .Other countries can still be profitable since advantages from trade are based on comparative advantage rather than absolute advantage. An individual or nation cannot have a comparative advantage in all types of products.
To learn more about productivity, click here.
https://brainly.com/question/28813267
#SPJ4
Consider a hotel which can supply an unlimited number of hotel rooms at the constant marginal cost c = 20 per room per night, so that the hotel’s total cost function is given by C(q) = 20q.1 Assume that demand for hotel rooms in Tallahassee takes two possible values: on game days, demand is described by the demand curve q = 100 − p, while on non-game-days demand is described by the demand curve q = 60 − 2p.
First suppose that the hotel acts as a price taker.
(a) What does it mean for the hotel to act as a price taker? What condition determines a price taker’s optimal supply decision?
(b) Assuming the hotel acts as a price taker, what will be the equilibrium price and quantity sold on game days? What about on non-game-days? (Remember, the hotel’s marginal cost is constant!)
(c) Briefly discuss, without solving, how your results in (b) would change if the hotel instead had increasing marginal costs (say for example MC(q) = qrather than MC = 20).
(a) Acting as a price taker means that the hotel is constrained to accept the market price and has no control over the market price.
The optimal supply decision for a price taker is to produce the quantity where marginal cost (MC) equals the market price (P).
(b) On game days, the equilibrium price and quantity will be
P = 80 and q = 20. On non-game days, the equilibrium price and quantity will be P = 40 and q = 20.
(c) If the hotel had increasing marginal costs, the hotel would no longer be a price taker and would instead have control over the market price.
The equilibrium price and quantity would no longer be determined solely by the demand curve. Instead, the hotel would have to set a price that maximizes its profits, which could be different from the price determined by the demand curve.
To know more about marginal costs,
https://brainly.com/question/17230008
#SPJ4
on january 1, 2024, tennessee harvester corporation issued debenture bonds that pay interest semiannually on june 30 and december 31. portions of the bond amortization schedule appear below: . 6,221,759
1 356,000 373,306 17,306 6,239,065
2 356,000 374,344 18,344 6,257,409
3 356,000 375,445 19,445 6,276,854
4 356,000 376,611 20,611 6,297,465
5 356,000 377,848 21,848 6,319,313
6 356,000 379,159 23,159 6,342,472
~ ~ ~ ~ ~
~ ~ ~ ~ ~
~ ~ ~ ~ ~
38 356,000 505,452 149,452 8,573,656
39 356,000 514,419 158,419 8,732,075
40 356,000 523,925 167,925 8,900,000
Required:
What is the face amount of the bonds?
What is the initial selling price of the bonds?
What is the term to maturity in years?
Interest is determined by what approach?
What is the stated annual interest rate?
What is the effective annual interest rate?
What is the total cash interest paid over the term to maturity?
What is the total effective interest expense recorded over the term to maturity?
Answers to the questions are as follows: 1.Face amount of the bonds is not given in the provided information.
2.Initial selling price of the bonds is not given in the provided information.
3.The term to maturity in years is also not given in the provided information.
4.The interest is determined by the effective interest rate method, also known as the effective interest method.
5.The stated annual interest rate is not given in the provided information.
6.The effective annual interest rate is also not given in the provided information.
7.The total cash interest paid over the term to maturity can be calculated by summing up the cash interest payments shown in the bond amortization schedule.
8.The total effective interest expense recorded over the term to maturity can be calculated by subtracting the face amount of the bonds from the total cash payments made over the term to maturity.
To know more about interest here
https://brainly.com/question/26457073
#SPJ4
true/false. one of the weaknesses of conflict theory is: it overlooks forces of equilibrium. it does not recognize inequalities. it misses the larger structure in society. it looks at society on both a macro and microlevel.
The first statement is False, The other three statements are generally true about conflict theory.
Conflict theory is a sociological perspective that emphasizes the role of power and coercion in social relations. This theory views society as a competition for resources, where individuals and groups with more power can use it to dominate those with less power.
False, One of the weaknesses of conflict theory is not that it overlooks forces of equilibrium. In fact, conflict theory emphasizes the role of power imbalances and social conflict in shaping society. The other three statements are generally true about conflict theory: it does not recognize inequalities, it misses the larger structure in society, and it looks at society on both a macro and micro level.
For more such questions research: brainly.com/question/15078630
#SPJ4
The economy begins in long-run equilibrium. Then one day, the president appoints a new chair of the Federal Reserve. This new chair is well known for her view that inflation is not a major problem for an economy. Note: You will not be graded on any changes you make to the graph, but you may use it to help you understand the scenario described Aggregate Supply Aggregate Supply LRAS Aggregate Demand Quantity of Output Which of the following statements accurately describes what would happen as a result of this news? Check all that apply. People would expect the price level to rise The nominal wage that workers and firms agree to in their new labor contracts would be lower than it would be otherwise. The profitability of producing goods and services at any given price level would increase The short-run aggregate-supply curve would shift to the left. If aggregate demand is held constant, the shift in the aggregate-supply curve will cause the price level toand the quantity of output produced to
If aggregate demand is held constant, the shift in the short-run aggregate-supply curve to the right will cause the price level to decrease and the quantity of output produced to increase.
If the new chair of the Federal Reserve is well known for her view that inflation is not a major problem for an economy, it is likely that the central bank will pursue expansionary monetary policy, such as lowering interest rates or increasing the money supply. This is likely to have the following effects:
People would expect the price level to rise: With expansionary monetary policy, people may expect an increase in the price level because there will be more money in circulation, which may lead to an increase in demand for goods and services, and therefore higher prices.
The nominal wage that workers and firms agree to in their new labor contracts would be lower than it would be otherwise: With an increase in the money supply, firms may be willing to hire more workers, but the real wages paid to workers may be lower than they would be otherwise due to the expected increase in the price level.
The profitability of producing goods and services at any given price level would increase: With lower interest rates, it may be cheaper for firms to borrow money to invest in new projects or expand production, leading to higher profitability.
The short-run aggregate-supply curve would shift to the right: With higher profitability, firms may be willing to produce more output at any given price level, leading to an increase in short-run aggregate supply.
For more such questions on demand
https://brainly.com/question/24019366
#SPJ4
A company has a long-term loan on which it is making annual payments of $30,000. Thisyear, the $30,000 payment is composed of $5,000 in interest and $25,000 that actually goestoward repaying the loan.What is included in the journal entry necessary to record this $30,000 cash loan payment?
Debit to Loan Payable for $30,000
Credit to Loan Payable for $25,000
Credit to Loan Payable for $30,000
Debit to Loan Payable for $25,000
The included in the journal entry necessary to record this $30,000 cash loan payment Debit to Loan Payable for $25,000.
Loan payments are they credit or debit?When the loan is repaid, the cash account is credited and the loans payable account is debited (Dr. (Cr.). If the business pays cash for supplies, the cash account will be credited and the supply expense account will be debited (Cr.).
How should a loan payable be recorded?A loan's principle is recorded as a current liability on the balance sheet if it is due within the upcoming year. Any additional principal that is due in a period longer than a year is categorized as a long-term liability.
What is the loan payment journal entry?To document the transaction, the company's accountant makes the following journal entry: $3000 is deducted from the loans payable (a liability account) $1,000 is debited for interest costs (an expense account) Credit to Cash of $4000 (an asset account).
To Know more about Loan Payable
https://brainly.com/question/19815811
#SPJ4
An advertiser doesn’t have much time to create ads, and hopes to use a Display campaign to automatically create them. Which two building blocks must they supply in order for a Display campaign to automate their ad creation? Choose two. Videos
Ad dimensions
Keywords
Headlines
Images
Headlines and Images are two building blocks that must be supplied in order for a Display campaign to automate their ad creation.
Targeting, bidding, and advertising are automated by smart display campaigns, which are later optimized. With the help of Go-ogle's machine learning, a Smart Display campaign can automatically identify both existing and potential customers, set the appropriate bids, and produce compelling ads that can fit any screen or ad space on the web and in apps.
Your marketing goals can be met by using display campaigns to connect with a targeted audience as they browse millions of websites, apps, and Go-ogle-owned properties (like You-Tube). One campaign type that Go-ogle Ads offers you is a display campaign.
To learn more about Display campaign: https://brainly.com/question/28450892
#SPJ4
A Process Breakdown Structure can provide a reasonable alternative to a Work Breakdown structure for an extensive development project if
Multiple Choice
There are appropriate predecessor relationships in place.
Phase exit criteria is firmly established.
Deliverables are tightly aligned to milestones.
Risk planning is included early in the project.
The answer is Phase exit criteria is firmly established, A Process Breakdown Structure can provide a reasonable alternative to a Work Breakdown structure for an extensive development project if Phase exit criteria is firmly established.
What does "planning process" mean?The planning process is a procedure used to generate goals, design tasks to achieve goals, identify resources needed, establish a timeframe, decide on tracking and assessment, finish the plan, and communicate the plan to the team.
What is the goal of planning?A plan is a strategy that has been decided upon in advance. It serves as a road map for achieving objectives. In the simplest terms possible, it entails choosing a course of action and identifying goals. Planning entails choosing in advance what to do, how to do it, when to do it, and who will execute it.
To know more about Planning visit:
https://brainly.com/question/13010835
#SPJ4
Karla enters into a contract with Worldwide Enterprises to serve as the company accountant. Karla prepares financial statements, tax returns, and other financial documents for Worldwide. Neighborhood Sales is considering buying out Worldwide and asks to see Worldwide’s financial statements and tax returns, which Worldwide shares with them. Neighborhood Sales purchases Worldwide. Later, Neighborhood Sales discovers there were errors in the financial documents and Worldwide is not worth as much as Neighborhood Sales paid for it. Neighborhood Sales sues Karla for breaching her duty of care in the preparation of the financial statements. If the state law that governs the lawsuit between Neighborhood Sales and Karla follows the Ultramares rule:
Karla will not be found negligent because there is no privity between Karla and Neighborhood Sales.
Karla will be found negligent because there is privity between Karla and Neighborhood Sales.
Karla will not be found negligent because there is privity between Karla and Neighborhood Sales.
Karla will be found negligent because there is no privity between Karla and Neighborhood Sales.
Because there is no relationship of privity between Karla and Neighborhood Sales, she will not be found negligent.
What are sales?A sale is a kind of transaction in which services or goods are exchanged for a certain amount of money. To put it another way, a sale is any activity in which the buyer receives ownership of a good or commodity in exchange for a monetary price. Every business relies heavily on sales and marketing. They are intertwined and stimulate revenue (profit) generation. Sales converts potential customers into actual customers, whereas marketing focuses on raising awareness of a brand and organization.
Any transaction in which ownership of a good or entitlement to a service is exchanged for money or value is referred to as a sale in general business operations. Sales, or net sales, is the amount of money a company makes from selling goods or services in an accounting context.
To learn more about sales visit :
https://brainly.com/question/29857652
#SPJ1
uppose you get a raise at work because of your excellent performance. The demand for Grad Nite tickets would
increase if Grad Nite tickets were a normal good.
Assume you get a raise at work because of your outstanding performance. If Grad Nite tickets were a normal good, the demand for them would rise. The increase in demand would cause an increase in price due to the basic laws of economics.
As the price of Grad Nite tickets increases, it is likely that the quantity of tickets demanded would decrease. This is because as the cost of the tickets increases, consumers may be less likely to purchase the tickets due to the increased cost. As a result, fewer tickets would be sold, which would cause the supply of tickets to decrease.
As your income increases, you will have more disposable income to spend on higher priced goods, including Grad Nite tickets. This would cause a rise in the demand and price of Grad Nite tickets.
To learn more about laws of economics link is here
brainly.com/question/30677475
#SPJ4
Problem 6-1 (Static)
An assembly line with 17 tasks is to be balanced. The longest task is 2.4 minutes, and the total time for all tasks is 18 minutes. The line will operate for 450 minutes per day.
a. What are the minimum and maximum cycle times? (Round your answers to 1 decimal place.)
b. What range of daily output is theoretically possible for the line? (Round your answers to 1 decimal place. Enter the smaller value in the first box and the larger value in the second box.)
c. What is the minimum number of workstations needed if the maximum output rate is to be sought? (Round up your answer to the next whole number.)
d. What cycle time will provide an output rate of 125 units per day? (Round your answer to 1 decimal place.)
e. What output potential will result if the cycle time is (1) 9 minutes? (2) 15 minutes?
each new book donated to a library must be processed. suppose that the time it takes a librarian to process a book has mean 10 minutes and standard deviation 2.7 minutes. if a librarian has 40 books that must be processed one at a time,a. approximate the probability that it will take more than 420 minutes to process all these booksb. approximate the probability that at least 25 books will be processed in the first 240 minutes
The approx probability that it will take more than 420 min to process every book is 0.4286 and to process at least 25 books will be 0.597.
What does the term "p-value" mean?The p-value is a figure that, when determined from a statistical test, indicates how likely it is that you would have discovered a specific collection of observations if the null hypothesis were correct. In hypothesis testing, P-values are used to determine whether to accept or reject the null hypothesis. The likelihood of rejecting the null hypothesis increases with decreasing p-value.
How does probability work?The area of mathematics known as probability deals with numbers likely it is for an event to happen or can claim to be true. A value between 0 and 1 represents the probability of an event.
To know more about the hypothesis visit:
https://brainly.com/question/29519577
#SPJ4
fill in the blank. Refer to Table 4-10. If the four suppliers listed are the only suppliers in this market and the market demand schedule is:. ..
the equilibrium price and quantity are
The equilibrium price and quantity are $6.00 and 600 cases.
What is the schedule for market demand?As a result, the quantity required of a commodity and its price have an inverse relationship. The equation Dx = f can be used to express the functional relationship between price and quantity demanded (Px).
What else is the demand schedule known as?A demand curve is a visual representation of the quantity demanded at each price. The demand curve is occasionally referred to as a demand schedule since it is a graphic representation of the demand schedules.
The quantity of commodities people will purchase at a specific price is shown by a demand schedule. This schedule illustrates that there is an inverse relationship between amount demanded and price because it is based on the law of demand. Tickets to a movie are an illustration of this.
To know more about demand schedule visit:
https://brainly.com/question/15187530
#SPJ1
jill is considered a(n) when it comes to wine because she has information about many kinds of wines, places to shop, and other facets of the wine market. her friends always go to her when they need something for a special occasion.
A. Expert
B. Market maven
C. Leader
D. Information haven
E. Member of a reference group
Option (b), Because she is knowledgeable about a wide variety of wines, shopping locations, and other aspects of the wine market, Jill is regarded as a(n) Market maven when it comes to wine.
What impact do market experts have on consumer behavior?The market is particularly active among a select group of customers known as "market mavens." They take pleasure in shopping, are knowledgeable about establishments and goods, and actively engage in conversation with other consumers about their interests.
A "market maven" is an investor who is knowledgeable about the state of the market, "in the know," and who has access to information that the general public may not.
What characteristics characterize those who are market savvy?Market mavens are those that strike up dialogues with consumers and respond to their inquiries about the market. They are supposed to be informed about a variety of goods, shopping areas, and other market-related topics.
Learn more about general public: https://brainly.com/question/7334354
#SPJ4
Assume $t0 holds the value 0x00101000. What is the value of the $t2 register after the following instructions? slt $t2, $0, $to bne $t2, $0, ELSE j DONE ELSE: addi $t2, $t2, 2 DONE:
The value of register $t0 is contained in the instruction 0x00101000 slt $t2, $0, $t0 slt, which compared the control packets and sets their output to 1 if the first monitor's value is lesser than just the second's.
What is an else value function?If you want to tell a piece of code to run only if a certain statement is satisfied, use the if statement. If the exact circumstance is false, apply else to declare that a different block of code should be run. If the first expression is false, employ else if to define a new criterion to evaluate.
If not, it changes the value back to zero. 1 is entered into $t2 since 0 is less than $t0 (0x00101000).
$t2, $0, ELSE, bne
$t2 has the value 1. Because 1 does not equal 0, the ELSE command is carried out.
IF NOT, addi $t2, $t2, 2.
These instructions update $t2 with the addition of the value 2 and puts the result there.
Value of $t2 and 2 added the result will be
0000 0000 0000 0000 0000 0000 0000 0011
The Hexadecimal number of $t2 resulting from the implementation of binary instructions is termed as 3.
Learn more about else value function, here:
https://brainly.com/question/30359274
#SPJ1
Which of the following bodies has been established to recommend accounting and financial reporting standards for the federal government?
a) Financial Accounting Standards Board (FASB).
b) Governmental Accounting Standards Board (GASB).
c) Federal Accounting Foundation (FAF).
d) Federal Accounting Standards Advisory Board (FASAB).
Based on the available options and the contemporary activities, the body that has been established to recommend accounting and financial reporting standards for the federal government is Federal Accounting Standards Advisory Board (FASAB).
What is Federal Accounting Standards Advisory Board (FASAB)?Federal Accounting Standards Advisory Board (FASAB) is the body that works to improve government accountability by issuing federal financial accounting and reporting standards that conform to industry best practices.
Generally, the Federal Accounting Standards Advisory Board (FASAB) is the body that regulates generally accepted accounting principles ( GAAP ) for the federal government and its entities.
The roles of the Federal Accounting Standards Advisory Board (FASAB) include the following:promulgate Federal accounting standards provide congressional oversight groups, act as executive agencies, and provide the needs of other users of federal financial information.Hence, in this case, it is concluded that the correct answer is option D.
Learn more about Federal Accounting Standards Advisory Board (FASAB) here: https://brainly.com/question/29731414
#SPJ1
Assume a company purchases honeycombs from beekeepers for $2.00 a pound. The honey can be sold in raw form for $3.20 a
pound or it can be used to make honey drop candies. Each package of candies contains three-quarters of a pound of honey and
can be sold for $4.40. In addition to the cost of the honey, making and selling each container of candies incurs additional variable
costs of $1.10 per unit.
The monthly fixed costs associated with making the candies include:
Master candy-maker's salary
Depreciation of candy-making equipment
Salary of salesperson dedicated to this product
Total fixed costs
$ 3,500
400
2,000
$ 5,900
The candy-making equipment does not wear out through use and it has no resale value. Assuming the company makes and sells
8,000 containers of candy, what is the financial advantage (disadvantage) of continuing to process raw honey into candies?
To determine the financial advantage or disadvantages of processing raw honey into candies, we need to calculate the total revenue and total costs associated with making and selling the candies.
Revenue from selling 8,000 containers of candy: 8,000 * $4.40 = $35,200
Variable costs associated with making and selling the candies: 8,000 * ($1.10 + $2.00 * 3/4) = $9,800
Total costs associated with making and selling the candies: $9,800 + $5,900 = $15,700
Therefore, the financial advantage of continuing to process raw honey into candies would be: $35,200 - $15,700 = $19,500.
What is financial advantage?
Financial advantage is a concept that is central to business and investing. It refers to the positive difference between revenue and costs, resulting in a profit for a company or individual. It is a measure of the financial benefit or gain that is achieved through a particular business activity or investment. A financial advantage can be achieved by reducing costs, increasing revenue, or both. In a competitive market, companies and individuals with a financial advantage are better positioned to succeed and grow. They are able to invest in new opportunities, expand their business, and weather economic downturns more effectively. Financial advantage is an important goal for many businesses and individuals and is achieved through careful planning, execution, and monitoring of financial performance.
Hence, the answer is the financial advantage of continuing to process raw honey into candies is $19,500.
To learn more about financial advantage, follow the link:
https://brainly.com/question/28335304
#SPJ1
The following is the adjusted trial balance for Miller Company:
Cash 8,130
accounts receivable 3,300
prepaid expenses 2,750
equipment 10,400
accumulated depreciation 2,200
accounts payable 2,700
notes payable 1,000
common stock 9,200
retained earnings 2,000
dividends 4,870
fees earned 36,600
wages expense 12,450
rent expense 4,900
utilities expense 3,475
depreciation expense 2,150
miscellaneous expense 1,275
totals 53,700 53,700
Prepare closing entries AND the post-closing trial balance.
Closing entries are journal entries made at the end of an accounting period to transfer the balances of temporary accounts (such as revenue, expense, and dividend accounts) to the permanent retained earnings account. The post-closing trial balance is a list of all the accounts and their balances after the closing entries have been made.
How to Prepare a Closing Entry and Post-closing Trial Balance?
The closing entries for Miller Company in the given scenario are:
Debit fees earned for $36,600 and credit income summary for $36,600Debit income summary for $23,250 and credit wages expense for $12,450, rent expense for $4,900, utilities expense for $3,475, and miscellaneous expense for $1,275Debit retained earnings for $13,350 and credit income summary for $13,350Debit dividends for $4,870 and credit retained earnings for $4,870The post-closing trial balance is:
Cash 8,130
Accounts Receivable 3,300
Prepaid Expenses 2,750
Equipment 10,400
Accumulated Depreciation 2,200
Accounts Payable 2,700
Notes Payable 1,000
Common Stock 9,200
Retained Earnings 10,480
Fees Earned 0
Wages Expense 0
Rent Expense 0
Utilities Expense 0
Depreciation Expense 0
Miscellaneous Expense 0
Totals 53,710 53,710
Learn more about closing entries here: https://brainly.com/question/27857473
#SPJ1
Fleetwood Company recently had a computer malfunction and lost a portion of lts accounting records. The company has reconstructed some of Its financlal performance measurements, including components of the return on investment calculations Required: Help Fleetwood rebuild its information database by completing the following table: (Round your answers to 2 decimal places.) Return onProfit MarginTurnover Invest 5901% 1.80 14.701% 3.50% 22 20 % 2.65 5.20% 0.30
With a turnover of 1.80, the profit margin will be 5901% similarly with a turnover of 22 the profit margin will be 0.16%, with a turnover of 2.65 the profit margin will be 20%, and with a turnover of 0.30 it will be 17.33%.
What is a turnover?A company's turnover is a crucial indicator of its performance. It is employed at every stage of a company's existence, from luring investors to promoting the sale of the enterprise. When a company can control its turnover, it may operate profitably and efficiently.
What does turnover cost the healthcare industry?Because employees are continuously coming and going through a revolving door, this turnover cycle may make it difficult for healthcare businesses to attract talent. Although studies indicate that the true cost of healthcare turnover varies, it may reach 150% of mid-level employees' annual salaries.
To know more about the turnover visit:
https://brainly.com/question/29214829
#SPJ4
figure 4.3 illustrates the demand for tacos. assume that tacos and burritos are substitutes. a decrease in the price of burritos would bring about a movement from part 2
Tacos are in high demand. Assume that tacos and burritos are interchangeable. A drop in the price of burritos would cause a shift from component D2 to D0.
What happens if the quantity given is altered?A change in the amount provided is a shift along the supply curve induced only by a price change. A change in the amount provided, like a change in demand, indicates that we are moving along the present supply curve.
A shift in the supply curve always causes a movement along a demand curve, resulting in a change in the amount requested. Similarly, a shift in the demand curve always causes a movement along the supply curve, resulting in a change in the quantity delivered.
To learn more about the demand curve, click
https://brainly.com/question/13131242
#SPJ1
Here is a table from the Bloomberg Intelligence aluminum dashboard which shows the different end-uses of aluminum in China. Which of the following Bloomberg headlines would be of most interest to an aluminum trader in China? Next-Generation Vehicles to Show Shift From Steel to Aluminum Coca-Cola Announces Plans to Recycle, Reuse Cans Sold in U.S. China's Aluminum Demand Weathers Real-Estate Slowdown So Far Aluminum Falls on Boeing's Announcement of Production Cuts
China's Aluminum Demand Weathers Real-Estate Slowdown So Far of the following Bloomberg headlines would be of most interest to an aluminum trader in China .
Describe Bloomberg?
Bloomberg is a leading source of financial news and data worldwide, offering both current and historical price data, financial statistics, trading news, and analyst analysis.
Travel, wine, food, automobiles, gadgets, technology news, and other subjects are covered in this section of the website. Additionally, it features articles from Pursuits, a luxury and lifestyle publication published quarterly by Bloomberg.
Describe the Bloomberg notion?
An interactive introduction to the financial markets is provided by Bloomberg Market Concepts (BMC), a self-paced online course. The Business Management Course (BMC) is divided into three sections: Core Concepts (which contains four modules on economic indicators, currencies, fixed income, and stocks), Getting Started on the Terminal, and Portfolio Management.
Learn more about Bloomberg concept
brainly.com/question/23840249
#SPJ1
being overly cautious during a driving test is not good as it can result in stopping the normal flow of traffic. you should always make sure you proceed when it is your turn to do so. T/F
This is false. Motorists who think they are using extra safely ought to absolutely be causing accidents, in accordance to new research.
The learn about by means of Dayinsure has determined that 15% of people have been in a vehicle accident or understand someone who has, due to motorists being over cautious.
What is an instance of risk while driving?Inexperience. Teenage passengers. Distraction whilst driving, which include from the use of mobilephone telephones and texting. Driving at excessive speeds, close following, and other risky driving.
Defensive using methods reduce the possibility of a collision or incident and can even shop prices associated to vehicle preservation and gasoline consumption, via riding easily and steadily.
Learn more about careful driving here:
https://brainly.com/question/1071840#SPJ4If you do not know the answer to a question during a business presentation, the best thing to do is to
offer to find the answer later and contact the questioner.
It is true that If you do not know the answer to a question during a business presentation, the best thing to do is to offer to find the answer later and contact the questioner. It's always better to be honest and admit that you don't know the answer to a question rather than trying to fake it.
What is a Business Presentation?A business presentation is a formal or informal talk that is given to an audience with the purpose of communicating information, ideas, or arguments related to a particular business or industry. The presenter may use visual aids such as slides, charts, or images to help illustrate their points and engage the audience.
The goal of a business presentation is to educate, persuade, or inform the audience and to help build support for a particular proposal, product, or idea. Business presentations can take place in various settings such as meetings, conferences, or sales pitches and can range from short, informational updates to longer, more in-depth presentations.
Learn more about business presentation here: https://brainly.com/question/1339816
#SPJ1
your customer, cecelia, is 40 years old. she is married and has four sons. her third child, age 13, has committed to going to college at the prestigious bookworm institute of los angeles in southern california. cecelia and her spouse have noted the rapid increase in the school's tuition over the past few years and are worried about their savings keeping pace with tuition costs. they also express discomfort with the uncertainties in market returns. which of the following is the most suitable recommendation for the customer.
The best advice for Cecelia would be to take into account creating a 529 college savings plan for her son, who intends to attend the Bookworm Institute, based on the facts presented.
How can it be explained in detail?Tax benefits include tax-free growth of contributions made to a 529 plan as well as tax-free withdrawals for eligible educational costs. The money in the account will thus increase more quickly than it would in a taxed account.
Flexibility: 529 plan funds aren't restricted to the Bookworm Institute; they can be utilised at any university that qualifies. The funds in the 529 plan can still be utilised if Cecelia's kid decides to attend a different college or pursue a different field of study.
Cecelia will have ownership of the account and full control on all investments and withdrawals. If her son decides not to go, she has the option of changing the beneficiary and the investment strategy.
To learn more about tax visit here:
https://brainly.com/question/1581158
#SPJ1
FILL IN THE BLANK. Some examples of ________ cultural metaphors are: French wine (purity, compatibility), a German symphony (education and politics), and a British house (laying the foundation.)
Some examples of Gannon's cultural metaphors are: French wine (purity, compatibility, a German symphony (education and politics), and a British house (laying the foundation.)
What is a cultural metaphor?A cultural metaphor is any institution, phenomenon, or action that all or the majority of members of a national or ethnic culture value highly and with which they have a strong intellectual and emotional connection.
What are the examples of cultural metaphors?Cultural metaphors serve as a reflection of a culture's core beliefs. American football, the Chinese family altar, and the Japanese garden are a few examples of national cultural metaphors.
To know more about cultural metaphors visit: brainly.com/question/13373631
#SPJ4
if a variable is growing at a positive constant rate, when plotted on a ratio scale, the slope of the plot will be becoming steeper over time.
If a variable is growing at a positive constant rate, when plotted on a ratio scale, the slope of the plot will be constant over time.
A ratio scale plots values with a logarithmic scale, where each point on the scale represents a multiple of the previous point. Therefore, if a variable is growing at a constant rate, the ratio between two points on the scale will be constant over time. This constant ratio results in a straight-line plot with a constant slope over time. On the other hand, if the variable is plotted on a linear scale, the slope of the plot will be steeper over time as the absolute increase in value per unit time is increasing. This can be a useful way to visualize the growth of a variable and gain insights into its behavior over time.
learn more about constant rate at :
brainly.com/question/2273134
#SPJ4