What is an example of brand promotion

A.charging a premium

B.providing a warranty

C.providing after-sales service

D.attending a trade show

Answers

Answer 1

Answer:

D

Explanation:

attending a trade show


Related Questions

Streamsong Credit Bank is offering 5.4 percent compounded daily on its savings accounts. Assume that you deposit $5,100 today. a. How much will you have in the account in 6 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Use 365 days in a year.) b. How much will you have in the account in 12 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Use 365 days in a year.) c. How much will you have in the account in 24 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Use 365 days in a year.)

Answers

Answer & Explanation:

a. How much will you have in the account in 6 years?

The formula for Compound Interest is;

= Amount deposited ( 1 + rate)^no of periods

Rate is a yearly rate so daily rate is;

= 5.4%/365

No. of periods;

= 365 * 6

= 2,190‬ days

= 5,100 * ( 1 + 5.4%/365)^2,190

= $7,051.33

b. How much will you have in the account in 12 years?

No. of periods = 365 * 12

= ‭4,380‬ days

= 5,100 * ( 1 + 5.4%/365)^4,380

= $9,749.27

c. How much will you have in the account in 24 years?

No. of periods = 365 * 24

= ‭8,760‬ days

= 5,100 * ( 1 + 5.4%/365)^8,760

= $18,636.92

E3-18 Comparing cash and accrual basis accounting and applying the revenue recognition principle Momentous Occasions is a photography business that shoots videos at college parties. The freshman class pays $1,000 in advance on March 3 to guarantee services for its party to be held on April 2. The sophomore class promises a minimum of $2,800 for filming its formal dance and actually pays cash of $4,100 on February 28 at the dance. Answer the following questions about the correct way to account for revenue under the accrual basis:
a. Considering the $1,000 paid by the freshman class, on what date was revenue recognized? Diod the recognition occur on the same date cash was received?
b. Considering the $4,100 paid by the sophomore class, on what date was revenue recognized'? Did the recognition occur on the same date cash was received?

Answers

Answer:

Momentous Occasions

a. Revenue of $1,000 is recognized on April 2, though the cash receipt is recorded on March 3 as deferred revenue.  This means that the recognition occurred on a separate date from when the cash was received.

b. Revenue of $4,100 will be recognized on the date the party is held and not on the February 28 date when the cash was received.  This means that the recognition occurred on a separate date from when the cash was received.

Explanation:

Momentous Occasions is required to recognize revenue on the date the service is performed and not when the cash is received in accordance with the accrual concept, unless it chooses to use the cash basis as a small business.

Time period is important in accounting. Companies need to report revenue and expenses on their income statement based on what they earned and incurred during the accounting period. Assume the company had invested $100,000 in an interest-bearing investment on September 1st of this year. The investment earns 6% interest, but the interest doesn't get paid out until the end of the first six months. What, if any, interest revenue should the company record on their December 31st year ending income statement of this year

Answers

Answer: $2,000

Explanation:

The question alludes to the Accrual principle of Accounting that states that companies need to report revenue and expenses on their income statement based on what they earned and incurred during the accounting period.

The investment is to earn 6% annually which means that every year it is to show returns of;

= 6% * 100,000

= $6,000

On a monthly basis therefore this should be;

= 6,000 / 12

= $500

They invested on September 1st which means that they would have been invested for 4 months by December 31.

The interest for the year is therefore;

= 4 * 500

= $2,000

In its initial S-1 filing, Groupon presented a non-GAAP performance metric called ACSOI. It was subsequently removed after the SEC objected. a. Why did the SEC question the inclusion of ACSOI in Groupon’s financial statements? Explain whether you think the use of ACSOI was appropriate or not. b. Non-GAAP metrics are common in some industries. For example, same-store-sales in retail, revenue-passenger-miles for airlines, etc. Are non-GAAP measures, such as these, ever of value for financial statement users?

Answers

Answer:

a. Groupon presented the Adjusted Consolidated Segment Operating Income (ACSOI) because it shows a higher amount than EBITDA. The reason is simple, Groupon wanted to show higher revenues and earnings, and the way they thought that they could do it was to use what I call "creative accounting". If the numbers do not match your expectations, play with them and change them until they do. That is exactly what Groupon did.

ACSOI increases EBITDA (which is a non-GAAP metric but it is accepted as valid by all companies) because it excludes certain expenses, e.g. marketing expenses, stock compensations, etc. It is irrational to believe that marketing expenses in a company like Groupon were irrelevant. Just a few years ago Groupon was the fastest-growing internet services company, and online marketing was essential for that type of growth rate.

b. We can just compare EBITDA and ACSOI, both are non-GAAP metrics, but one is properly designed, useful and actually shows how a company's cost structure works. But ACSOI is deliberately used to fool investors.

Some non-GAAP metrics are very useful, such as managerial accounting. Financial reports are tools and how helpful or useful they are depends on people. If you try to fool investors and trick them, eventually they will realize it.

Identify at least five different careers in the Education and Training or Government and Public Administration clusters you could pursue in your home state, and choose the three that appeal to you the most. Out of the three, write a one-page essay describing which one would be your career choice and the educational pathway that you would have to follow in order to obtain that career. Finally, identify at least three colleges, universities, or training programs that are suited to that career choice. You can use the following resources to help you:

Answers

Answer:

Hydrologist

Architect

Naval architect

Architectural or civil drafter

Materials lab and supply technician

Explanation:

Ross is the CEO of IO Technological Solutions (IOTS), a multinational company. Ross stresses on a decentralized working environment and is very friendly with his staff. In board meetings, he stresses that every top level employee at IOTS should focus on building a personal relationship with his or her team members and mentor them to succeed in their work. In this scenario, Ross focuses on a __________ for his company. Group of answer choices hierarchy culture market culture clan culture adhocracy culture

Answers

Answer: Clan culture

Explanation:

Clan Culture like the term implies refers to a type of corporate environment where a collaborative nature is encouraged and fostered such that people try to achieve common goals the way a clan would by being united and interested in the growth of one another because this will lead to the growth of the company as a whole.

In being friendly with staff and encouraging top management to try to get their team members to succeed, Ross is following a clan culture. This type of corporate environment is known to be the least competitive type as a result.

As organizations expand into global markets, business communicators need to become aware of their own culture and how it differs from other cultures. Cultural awareness allows professionals to communicate successfully with other cultures and to navigate the intercultural challenges of a globalized business world. The first step in overcoming intercultural obstacles is understanding the trends that drive globalization.
Identify the trend illustrated by the following example.
A U.S. retailer of high-tech products looks to open stores in Russia where there has been a surge in demand for smartphones and tablet computers.
A) Favorable trade agreements
B) Robust middle-class growth
C) Transportation advancements

Answers

Answer:

Option C (Robust middle-class growth) seems to be the correct option.

Explanation:

We will construct a convincing hypothesis of middle-class development by culling through canonical academics as well as contemporary scholars. Stable demand, confidence, political stability, and a collection of respectable, forward-looking liberal as well as proto-capitalist practices are the main structures of middle-class-led growth.  

Some other possibilities given weren’t connected to the instance given. So, the solution here is the best one.

A company will pay a $2 per share dividend in 1 year. The dividend in 2 years will be $4 per share, and it is expected that dividends will grow at 2% per year thereafter. The expected rate of return on the stock is 12%. a. What is the current price of the stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. What is the expected price of the stock in a year? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Answers

Answer:

(a) $ 46.43

(b) $ 50.00

Explanation:

In 1 year the dividend is:

D1 = $2

In 2 years, the dividend is:

D2 = $4

(a)

Now,

⇒  [tex]D3=D2\times (1+g)[/tex]

          [tex]=4\times (1+4 \ percent)[/tex]

          [tex]=4.16[/tex] ($)

In 2 years, the price will be:

⇒  [tex]P2=\frac{D3}{(r-g)}[/tex]

          [tex]=\frac{4.16}{12 -14}[/tex]

          [tex]=52.00[/tex] ($)

Today's price will be:

⇒  [tex]P0=\frac{D1}{(r-g)}+\frac{D2+P2}{(1+r)^2}[/tex]

          [tex]=\frac{2}{1.12}+\frac{(4+52) }{1.12^2}[/tex]

          [tex]=46.43[/tex] ($)

(b)

In 1 year, the price will be:

⇒  [tex]P1=\frac{(D2+P2)}{(1+r)}[/tex]

          [tex]=\frac{4+52}{1.12}[/tex]

          [tex]=50.00[/tex] ($)

Tickets Now contracts with the producer of Riverdance to sell tickets online. Tickets Now charges each customer a fee of $4 per ticket and receives $10 per ticket from the producer. Tickets Now does not take control of the ticket inventory. Average ticket price for the event is $150. How much revenue should Tickets Now recognize for each Riverdance ticket sold? Group of answer choices $14 because both the fee from the customer and the producer are earned $150 because the $140 is cost of goods sold paid to the Riverdance producer None of the above $186 because the $140 is cost of goods sold paid to the Riverdance producer $4 because the $10 from the producer is similar to a negative cost of goods sold

Answers

Answer:

The correct option: $14 because both the fee from the customer and the producer are earned

Explanation:

Based on the information given we were told that Tickets Now charges each of their customer a fee amount of $4 per ticket in which they receives the amount of $10 per ticket from the producer which means that the amount of revenue Tickets should Now recognize for each Riverdance ticket they sold will be $14 ($10 per ticket +$4 per ticket) because both the fee from the customer and the producer are earned.

Assume that the following events occurred at a division of Generic Electric for March of the current year:
1. Purchased $100 million in direct materials.
2. Incurred direct labor costs of $46 million.
3. Determined that manufacturing overhead was $76 million.
4. Transferred 90 percent of the materials purchased to work-in-process.
5. Completed work on 75 percent of the work-in-process. Costs are assigned equally across all work-in-process.
6. The inventory accounts have no beginning balances. All costs incurred were debited to the appropriate account and credited to Accounts Payable.
Required:
Give the amounts for the following items in the Work-in-process account: (Do not round your intermediate calculations. Enter your final answers in millions rounded to 2 decimal places.)
Transfers-In ____ Million
Transfers-Out ______ Million
Ending Balance _____ Million

Answers

Answer:

Transfers-In

= Direct materials + Direct labor costs + Manufacturing overhead

= (90% * 100) + 46 + 76

= $212 million

Transfer-Out

= Cost transferred in * work completed

= 212 * 75%

= $159 million

Ending Balance

= Cost transferred in - Cost transferred out

= 212 - 159

= $53 million

Jacqul makes $35 an hour working as an accounting assistant. She works 40 hours each month.

Answers

Answer:

35x40=1,400

Explanation:

jacqul will make 1,400 dollars per month or 16,800 a year

Answer:

9800

Explanation:

35x40=1400

1400x7=9800

A manufacturing plant produces and markets two product lines: surfboard equipment and sailboard equipment. An example of indirect cost for the surfboard equipment line is the ________. Group of answer choices beverages provided daily in the plant break room for the entire staff research and development cost for the surfboard equipment material used to make the surfboard salaries of the clerical staff that work in the company administrative offices sales and marketing expenses incurred for both products

Answers

Answer:

The correct answer is: Salaries of the clerical staff that work in the company administrative offices.

Explanation:

To begin with, the concept known as "indirect costs", in the field of business and accounting, are refered to those costs that are not directly implicated or accountable to a cost object. That means that they could be either variable or fixed costs and that the most common ones are related to the administration, personnel and security costs of the company. They are understand it to be the ones that are not directly linked to the product itself, like the raw materials that are needed for the production, but even though that, they are needed for the proper maintance of the company and its factories.

What ethical issues may arise during secondary data research?​

Answers

Answer:

hope it helps..

Explanation:

For this to happen, use of secondary data must meet some key ethical conditions: Data must be de-identified before release to the researcher. Consent of study subjects can be reasonably presumed. Outcomes of the analysis must not allow re-identifying participants.

Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales data for DVD players are as follows: November 1 Inventory 120 units at $39 10 Sale 90 units 15 Purchase 140 units at $40 20 Sale 110 units 24 Sale 45 units 30 Purchase 160 units at $43 The business maintains a perpetual inventory system, costing by the last-in, first-out method. Determine the cost of goods sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 4. Under LIFO, if units are in inventory at two different costs, enter the units with the HIGHER unit cost first in the Cost of Goods Sold Unit Cost column and LOWER unit cost first in the Inventory Unit Cost column.

Answers

Answer:

COGS and inventory balance under LIFO (last in, first out):

November 10 sale

COGS = 90 x $39 = $3,510inventory balance after sale = $1,170

November 20 sale

COGS = 110 x $40 = $4,400inventory balance after sale = $2,370

November 24 sale

COGS = 30 x $40 = $1,200COGS = 15 x $39 = $585total COGS = $1,785inventory balance after sale = $585

When calculating costs under LIFO, we must use the cost of the last units purchased for determining cost of goods sold. This method is generally used when the price of the goods tends to increase during the period.

In 2021, Ryan Management collected rent revenue for 2022 tenant occupancy. For financial reporting, the rent is recorded as deferred revenue and then recognized as revenue in the period tenants occupy rental property. For tax reporting, the rent is taxed when collected in 2021. The deferred portion of the rent collected in 2021 was $50 million. No temporary differences existed at the beginning of the year, and the tax rate is 25%. Suppose the deferred portion of the rent collected was $40 million at the end of 2022. Taxable income is $200 million. Prepare the appropriate journal entry to record income taxes in 2022. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).)

Answers

Answer:

          Journal Entries - Ryan Management (In millions)

Date             Particulars and Explanation    Debit      Credit

31-Dec-22    Income tax expense                 $ 52.5

                           To Income tax payable                      $50.0

                           ($200 * 25%)

                            To Deferred tax asset                        $2.5

                            [($50 - $40)*25%]

                      (To record income tax expense and reversal of DTA)  

Assume the November transactions for Camindo Co. are as follows:
Received cash of $60,000 from investors in exchange for capital stock.
Provided services of $16,300 on account.
Purchased supplies on account $750.
Received cash of $11,800 from clients for services previously billed.
Received $6,250 for services provided from clients who paid cash.
Paid $600 on account for supplies that had been purchased.
Paid $3,380 for a one-year insurance policy.
Paid the following expenses: wages, $7,800; utilities, $1,000; rent, $3,750.
Paid dividends of $2,300 to stockholders.
Record the transactions, using the integrated financial statement framework that follows:

Assets = Liabilities + Stockholders' Equity
Cash Accounts Receivable Supplies Prepaid Insurance Accounts Payable Capital Stock Retained Earnings
a. $ $
b. $ $
c. $ $
d. $ $
e. $ $
f. $ $
g. $ $
h. $ $
i. $ $
Bal $ $ $ $ $ $ $
Calculate the November 30 cash balance and the amount of net income for November for Hoover Co.
Ending cash balance $
Net income
$
Prepare a multiple-step income statement for Surry Co. from the following data for the year ended December 31, 2016.
Sales $915,000
cost of merchandise sold $670,000
administrative expenses $30,000
interest expense $12,000
rent revenue $19,000
sales returns and allowances $55,000
selling expenses $120,000
Hide
Multiple-step income statement
Surry Co.
Income Statement
For the Year Ended December 31, 2016
Revenue from sales:
Administrative expenses
Cost of merchandise sold
Gross profit
Income from operations
Sales
Selling expenses
Correct 5
$
Correct 6
Gross profit
Income from operations
Interest expense
Less: Sales returns and allowances
Rent revenue
Selling expenses
Correct 7
Correct 8
Net sales
$
Correct 10
Administrative expenses
Cost of merchandise sold
Income from operations
Interest expense
Less: Sales returns and allowances
Rent revenue
Correct 11
Correct 12
Administrative expenses
Gross profit
Income from operations
Rent revenue
Sales
Selling expenses
Correct 13
$
Correct 14
Operating expenses:
Cost of merchandise sold
Gross profit
Less: Sales returns and allowances
Rent revenue
Sales
Selling expenses
Correct 16
$
Correct 17
Administrative expenses
Cost of merchandise sold
Gross profit
Income from operations
Rent revenue
Sales
Correct 18
Correct 19
Total operating expenses
Correct 21
Administrative expenses
Cost of merchandise sold
Gross profit
Income from operations
Interest expense
Rent revenue
Correct 22
$
Correct 23
Other income:
Administrative expenses
Cost of merchandise sold
Gross profit
Rent revenue
Sales
Selling expenses
Correct 25
$
Correct 26
Other expense:
Administrative expenses
Interest expense
Less: Sales returns and allowances
Rent revenue
Sales
Selling expenses
Correct 28
Correct 29
Correct 30
Net income
$
Given the following list of accounts, calculate Total Assets:
Accounts Receivable $ 10,000
Capital Stock 20,000
Cash 25,300
Equipment 16,800
Fees Earned 44,400
Miscellaneous Expense 17,800
Rent Expense 3,250
Retained Earnings 7,850
Salaries Expense 15,400
Wages Expense 15,000
a. $54,600
b. $40,050
c. $52,100
d. $55,300
Use the following information to determine Total Stockholders' Equity:
Total Assets $ 45,000
Total Liabilities 18,000
Total Stockholders' Equity x
Total Retained Earnings 5,000
a. $27,000
b. $58,000
c. $40,000
d. $32,000
summary of the cash receipts and cash payments for a specific period of time is a(n):
a. income statement.
b. balance sheet.
c. statement of cash flows.
d. retained earnings statement.
During 2015, Trinder Corporation had an increase in total assets of $80,000 and an increase in total liabilities of $60,000. Assuming that capital stock increased by $8,000 and no dividends were paid, calculate Trinder's net income or net loss for 2015.
a. Net income of $72,000
b. Net income of $12,000
c. Net loss of $20,000
d. Net income of $28,000
Which of the following is true about the cost principle?
a. It reports the revenues earned by a company for a period with the expenses incurred in generating the revenues.
b. It assumes that a company will continue in business indefinitely.
c. It initially records assets in the accounting records at their purchase price.
d. It limits the economic data recorded in an accounting system to data related to the activities of that company.
The payment of $20,000 for expenses was incorrectly recorded by Elite Co. as an increase in cash of $20,000 and a decrease in retained earnings of $20,000. What is the effect of this error on the accounting equation?
a. Total assets will exceed total liabilities and stockholders' equity by $40,000. {C}
b. Total assets will exceed total liabilities and stockholders' equity by $20,000.
c. The error will not affect the accounting equation.
d. Total assets will be less than total liabilities and stockholders' equity by $40,000.


Answers

Answer:

1.                                     Surry Co.

                                 Income Statement

                    For the Year Ended December 31, 2016

Sales                                                                $915,000

Less: Sales retiurns and allowances              $55,000

Net Sales                                                         $860,000

Cost of merchandise sold                              $670,000

Gross profit                                                      $190,000

Less: Administrative expenses    $30,000  

Selling expenses                           $120,000  $150,000

Operating Profit                                               $40,000

Other Income and expenses

Rent revenue                                                    $19,000

                                                                          $59,000

Less: Interest expense                                     $12,000

Net Profit                                                           $47,000

2)  Total assets = Accounts receivable + Cash + equipment = $10000 + $25,300 + $16,800

Total assets = $52,100

3) Total assets = Total Liabilities + Stockholders' equity

$45,000 = $18,000 + Stockholders' equity

Stockholders' Equity = $45,000 - $18,000

Stockholders' Equity = $27,000

Note: retained earning is part of the stock holders' equity

4) The summary of the cash receipts and cash payments for a specific period of time is a(n) is Statement of Cash Flows

5) Increase in total assets = Increase in total liabilities + Increase in stockholders’ equity

$80,000 = $60,000 + (Increase in common stock + increase in retained earnings)

$80,000 = $60,000 + ($8000 + Increase in retained earnings)

Increase in retained earnings = $80,000 - $60,000 - $8,000

Increase in retained earnings = $12,000

As no dividend has been paid,  Increase in net income of Trinder = Increase in retained earnings = $12,000

6) Cost principle

It initially records assets in the accounting records at their purchase price.

7) Total assets will exceed total liabilities and stockholders' equity by $40,000.

For the error, cash on the asset side will increase by $20000 and the retained earnings will decrease by $20000 from their current balances. The asset side will exceed the total of the liability and equity side by $20,000 - ($20,000) = $40,000

Middle management is the intermediate management level accountable to top management and responsible for leading lower level managers. Which of the following is not a typical function of middle management? Middle management is at the center of a hierarchical organization, subordinate to the senior management but above the lowest levels of operational staff. Middle managers are accountable to top management for their department’s function. They provide guidance to lower-level managers and inspire them to perform better. Middle managers balance a functional or technical understanding of those who report to them with the interpersonal skills of a manager. This form of leadership requires a strong ability to communicate, mentor, train, hire, organize, optimize processes, and prioritize. Middle-management functions generally revolve around enabling teams of workers to perform effectively and efficiently and reporting these performance indicators to upper management. Middle management may be reduced in organizations as a result of reorganization. Such changes can take the form of downsizing," delayering," and outsourcing.

Answers

Answer:

Middle Management

Which is not a typical function:

Middle management may be reduced in organizations as a result of reorganization. Such changes can take the form of downsizing," delayering," and outsourcing.

Explanation:

Options:

1. Middle management is at the center of a hierarchical organization, subordinate to the senior management but above the lowest levels of operational staff.

2. Middle managers are accountable to top management for their department’s function. They provide guidance to lower-level managers and inspire them to perform better.

3. Middle managers balance a functional or technical understanding of those who report to them with the interpersonal skills of a manager. This form of leadership requires a strong ability to communicate, mentor, train, hire, organize, optimize processes, and prioritize.

4. Middle-management functions generally revolve around enabling teams of workers to perform effectively and efficiently and reporting these performance indicators to upper management.

5. Middle management may be reduced in organizations as a result of reorganization. Such changes can take the form of downsizing," delayering," and outsourcing.

The last option (No. 5) is certainly not a function of middle management.  It is what happens to middle management during reorganization.

The Karns Oil Company is deciding whether to drill for oil on a tract of land that the company owns. The company estimates the project would cost $4 million today. Karns estimates that, once drilled, the oil will generate positive net cash flows of $2 million a year at the end of each of the next 4 years. Although the company is fairly confident about its cash flow forecast, in 2 years it will have more information about the local geology and about the price of oil. Karns estimates that if it waits 2 years then the project would cost $5 million. Moreover, if it waits 2 years, then there is a 90% chance that the net cash flows would be $2.1 million a year for 4 years and a 10% chance that they would be $1.1 million a year for 4 years. Assume all cash flows are discounted at 10%.
Use the Black-Scholes model to estimate the value of the option. Assume the variance of the project's rate of return is 5.12% and that the risk-free rate is 7%.

Answers

Answer:

Investing today is a better option because it has a better NPV of $2.3398 million

Explanation:

Given data :

For Today's Investment

Initial capital investment = $4 million

positive cash flow = $2 million

period of cash flow = 4 years

project cost of capital = 10%

To get the value of This option we have to determine the NPV of this option

NPV = PMT * [tex][\frac{1-(1+r)^-4}{r} ] - initial cash flow[/tex]   ----------- (1)

PMT = $2 million

r = 10%

initial cash flow = $4 million

Equation 1 becomes

NPV = (2 * 3.1699 ) - 4

        = $6.3398 - $4 =  $2.3398 million

For later investment ( 2 years )

initial capital investment = $5 million

90% chance of positive cash flow = $2.1 million

10% chance of positive cash flow = $1.1 million

project cost of capital = 10%

NPV value for a cash flow of $1.1 million

NPV = PMT * [tex][\frac{1-(1+r)^-4}{r} ] - initial cash flow[/tex]

PMT = $1.1 million

initial cash flow = $5 million

r = 10%

Hence NPV = ($1.1 * 3.1699 ) - $5 million

                    = $3.48689 - $5 million

                    = - $1.51311  

therefore the present NPV =   - $1.51311 / 1.21 =  -$1.25 million  ( therefore no investment will be made )

NPV value for a cash flow of $2.1 million

NPV = PMT * [tex][\frac{1-(1+r)^-4}{r} ] - initial cash flow[/tex]

PMT = $2.1 million

initial cash flow = $5 million

r = 10%

hence NPV = ($2.1 * 3.1699 ) - $5 million

                   = $6.65679 - $5

                   = $1.65679

therefore the present NPV = $ 1.65679 / 1.21 = $1.369 million

The Expected NPV value of later investment ( after 2 years )

= $0 * 10% + $1.369 * 90%

= $1.2321 million

Sanchez Corporation Selected Financial Information 12/31/X2 12/31/X1 Cash $ 20,000 $ 25,000 Accounts receivable (net) 100,000 110,000 Inventories 190,000 155,000 Total current assets 310,000 290,000 Long-term assets 230,000 210,000 Current liabilities 200,000 190,000 Long-term liabilities 40,000 50,000 Shareholders' equity 300,000 260,000 Net income $ 40,000 Interest expense 10,000 Income tax expense 20,000 The debt to equity ratio for 20X2 is: Multiple Choice 0.80 0.44 0.67 0.13

Answers

Answer:

0.80

Explanation:

The computation of the debt to equity ratio is shown below:-

Total debt = Current Liabilities + Long - term liabilities

= $200,000 + $40,000

= $240,000

Total Equity = Shareholders’ equity = $300,000

Now,

Debt to equity ratio = Total Debt ÷ Total Equity

= $240,000 ÷ $300,000

= 0.80

The following book and fair values were available for Westmont Company as of March 1.
Book Value Fair Value
Inventory $ 231,000 $191,750
Land 822,000 1,119,750
Buildings 2,130,000 2,447,250
Customer relationships 0 867,750
Accounts payable(104,000) (104,000)
Common stock (2,000,000)
Additional paid-in capital (500,000 )
Retained earnings 1/1 (417,500)
Revenues (464,500)
Expenses 303,000
Note: Parentheses indicate a credit balance.
Arturo Company pays $3,780,000 cash and issues 28,700 shares of its $2 par value common stock (fair value of $50 per share) for all of Westmont%u2019s common stock in a merger, after which Westmont will cease to exist as a separate entity. Stock issue costs amount to $32,800 and Arturo pays $47,500 for legal fees to complete the transaction.
Prepare Arturo%u2019s journal entry to record its acquisition of Westmont.

Answers

Answer:

1. Debit Inventory for $191,750; Debit Land for $119,750; Debit Buildings for $2,447,250; Debit Customer Relationships for $867,750; and Debit Goodwill for $1,692,500. But Credit Accounts payable for $104,000; Credit Common Stock (28,700 shares * $2) for $57,400; Credit Additional Paid-In Capital [28,700 shares * ($50-$2)] for $1,377,600; and Credit Cash for 3,780,000.

2. Debit Professional Services Expense for $47,500; and Credit Cash for $47,500.

3. Debi Additional Paid-In Capital for $32,800; and Credit Cash for 32,800.

Explanation:

Note: The data in this question are merged together. They are therefore sorted before answering the question. Please, see the attached pdf file for the represented question with the sorted data.

Also note: See the attached excel file to see how the prepared Arturo’s journal entry look like.

Note that the Goodwill is calculated as follows:

Goodwill = Inventory + Land + Buildings + Customer Relationships - Accounts payable - Common Stock (28,700 shares * $2) - Additional Paid-In Capital [28,700 shares * ($50-$2)] - Cash = $191,750 + $119,750 + $2,447,250 + $867,750 - $104,000 - $57,400 - $1,377,600 - $3,780,000 = $1,692,500

Which of the following statements are true? Explain.a. A lower allocation to the risky portfolio reduces the Sharpe (reward-to-volatility) ratio.b. The higher the borrowing rate, the lower the Sharpe ratios of levered portfolios.c. With a fixed risk-free rate, doubling the expected return and standard deviation of the risky portfolio will double the Sharpe ratio.d. Holding constant the risk premium of the risky portfolio, a higher risk-free rate will increase the Sharpe ratio of investments with a positive allocation to the risky asset.

Answers

Answer: b. The higher the borrowing rate, the lower the Sharpe ratios of levered portfolios

Explanation:

The formula for the Sharpe ratio = [tex]\frac{Required return on portfolio - Risk free return}{Standard deviation for the portfolio's excess return}[/tex]

With a levered portfolio, money has been borrowed.

Assuming the rate of the money borrowed is r then this rate will need to be subtracted from the required return such that the formula becomes;

= [tex]\frac{Required return on portfolio - borrowing rate - Risk free return}{Standard deviation for the portfolio's excess return}[/tex]

Notice now that as the borrowing rate rises, the numerator for the ratio will be smaller which would lead to a lower ratio when divided by the standard deviation.

Opportunity costs are _____.


the costs related to the product that have to be paid regardless of the amount you sell

the costs that change depending on a company's performance

the costs resulting from a business owner's choice when selecting one thing over another and how it will impact the business

none of the above

Answers

Answer:

the costs resulting from a business owner's choice when selecting one thing over another and how it will impact the business

Explanation:

Following are the transactions of Sustain Company. June1 T. James, owner, invested $11,000 cash in Sustain Company in exchange for common stock. 2 The company purchased $4,000 of furniture made from reclaimed wood on credit. 3 The company paid $600 cash for a 12-month insurance policy on the reclaimed furniture. 4 The company billed a customer $3,000 in fees earned from preparing a sustainability report. 12 The company paid $4,000 cash toward the payable from the June 2 furniture purchase. 20 The company collected $3,000 cash for fees billed on June 4. 21 T.James invested an additional $10,000 cash in Sustain Company in exchange for common stock. 30 The company received $5,000 cash from a client for sustainability services for the next 3 months. Prepare general journal entries for the above transactions.

Answers

Answer:

June 1 T. James, owner, invested $11,000 cash in Sustain Company in exchange for common stock.

Dr Cash 11,000

    Cr Commons stock 11,000

June 2 The company purchased $4,000 of furniture made from reclaimed wood on credit.

Dr Furniture 4,000

    Cr Accounts payable 4,000

June 3 The company paid $600 cash for a 12-month insurance policy on the reclaimed furniture.

Dr Prepaid insurance 600

    Cr Cash 600

June 4 The company billed a customer $3,000 in fees earned from preparing a sustainability report.

Dr Accounts receivable 3,000

    Cr Service revenue 3,000

June 12 The company paid $4,000 cash toward the payable from the June 2 furniture purchase.

Dr Accounts payable 4,000

    Cr Cash 4,000

June 20 The company collected $3,000 cash for fees billed on June 4.

Dr Cash 3,000

    Cr Accounts receivable 3,000

June 21 T.James invested an additional $10,000 cash in Sustain Company in exchange for common stock.

Dr Cash 10,000

    Cr Common stock 10,000

June 30 The company received $5,000 cash from a client for sustainability services for the next 3 months.

Dr Cash 5,000

    Cr Deferred revenue 5,000

Which is not a part of the definition of economics?

A consumption

B production

C evaluation

D Distribution

Answers

A consumption
Hope this help!!

Answer:

a

Explanation:

Your annual sales are $240,000. The sales are spread evenly over four quarters. What are your sales in each quarter?

Answers

Answer:

60000

Explanation:

240,000/4

Answer:

60000

Explanation:

whats your purpose of living?​

Answers

Answer:

you can you know the purpose of living when you know the meaning of living

During the next two months, General Cars must meet (on time) the following demands for trucks and cars:
month 1—400 trucks, 800 cars;
month 2—300 trucks, 300 cars.
During each month, at most 1,000 vehicles can be produced.
Each truck uses 2 tons of steel, and each car uses 1 ton of steel.
During month 1, steel costs $400 per ton; during month 2, steel costs $600 per ton.
At most, 1,500 tons of steel may be purchased each month (steel may only be used during the month in which it is purchased).
At the beginning of month 1, 100 trucks and 200 cars are in inventory. At the end of each month, a holding cost of $150 per vehicle is assessed. Each car gets 20 mpg, and each truck gets 10 mpg. During each month, the vehicles produced by the company must average at least 16 mpg.
Formulate an LP to meet the demand and mileage requirements at minimum cost (include steel costs and holding costs).

Answers

Answer:

the formulation of the given linear program is,

Minimize  

z = 400S1 + 600S2 + 150 ( LT1 + LT2 + LC1  + LC2)  

Subject to the constraints  

T1 + C1 ≤ I000

T2 + C2 ≤ 1000

2T1 + C1 = S1

2T2 + C2 = S2

100 + T1 = 400 + LT1

LT1 + LT2 = 300 + LT2

200 + C1 = 800 + LC1

LC1 + C2 = 300 + LC2

 

S1,S2 ≤ 1 500

4C1 - 6T1 ≥ 0

4C2 - 6T2 ≥ 0

All variables  ≥ 0  

Explanation:

Firstly;

Let T1 be number of trucks to be produced in month 1 and T2 be number of trucks to be produced in month 2.  

Let C1 be number of cars to be produced in month 1 and C2 be number of cars to be produced In month 2.  

Let S1 be tons of steel used in month 1 and S2 be tons of steel used in month 2.

Let LT1 be number of trucks in inventory at the end of month 1 and LT2 be number of trucks In inventory at the end of month 2.

Let LC1 be number of cars in inventory at the end of month 1 and LC2 be number of cars in inventory at the end of month 2.  

Now the objective is to minimize the cost, so

z = [(cost of steel during month 1)(tons of steel used in month 1)] + [(cost of steel during month 2)( tons of steel used in month 2)] + [(holding cost at the end of each month )(trucks and cars in inventory at the end of each month)]

= 400S1 + 600S2 + 150 ( LT1 + LT2 + LC1  + LC2)  

Thus, the objective function Is, Minimize  

z = 400S1 + 600S2 + 150 ( LT1 + LT2 + LC1  + LC2)  

Constraint1 Each month, the production capacity of the vehicle is 1000 vehicles.

Number of trucks produced in month 1 + number of cant produced in month 1 ≤ 1000

T1 + C1 ≤ 1000  

Number of trucks produced in month 2 + number of cars produced in month 2 ≤ 1000

T2 + C2 ≤ 1000  

Constraint2 Each month. each truck uses 2 tons of steel and each car uses 1 ton of steel.

[(Tons of steel used to produce truck in month 1) + (tons of steel used to produced cars in month 1)] = S1

2T1 + C1 = S1

[(Tons of steel used to produce truck in month 2) + (tons of steel used to produced cars in month 2)] = S2

2T2 + C2 = S2  

Constraint3 At the beginning of month 1, 100 trucks are in inventory.  

[100 trucks at the beginning are in inventory +  

number of trucks produced in month 1]  = [400 trucks are demanded in month 1 + number of trucks in inventory at the end of the month 1]

100 + T1 = 400 + LT1

[trucks at the beginning of month 2 in inventory + number of trucks produced in month 2 ] =  [300 trucks are demanded in month 2 + number of trucks in inventory at the end of the month 2]

LT1 + T2 = 300 + LT1

Constraint 4 At the beginning of month 1, 200 cars  are in Inventory

[200 cars at the beginning are in inventory + number of cars produced in month 1] =   [800 cars are demanded in month 1 + number of cars in inventory at the end of the month 1]

200 + C1 = 800 + LC1

[cars at the beginning of month 2 in inventory + number of cars produced in month 2 ] =  [300 cars are demanded in month 2 + number of cars in inventory at the end of the month 2]

LC1 + C2 = 300 + LC2

Constraint 5 At most, 1,500 tons of steel can be purchased each month.

S1 ≤ 1,500

S2 ≤ 1,500

Constraint 6 Each month, vehicle produced by company must average at least 16mpg.

[{{(mpg of trucks)(number of trucks produced in month 1)} + {(mpg of cars)(number of cars produced in month 1)}}  /  {(number of trucks produced in month 1 ) + ( number of Cars produced in month 1)}] ≥ 16  

(10T1 + 20C1 /   T1 + C1) ≥ 16

4C1 - 6T1 ≥ 0

[{{(mpg of trucks)(number of trucks produced in month 2)} + {(mpg of cars)(number of cars produced in month 2)}}  /  {(number of trucks produced in month 2 ) + ( number of Cars produced in month 2)}] ≥ 16  

(10T2 + 20C2 /   T2 + C2) ≥ 16

4C2 - 6T2 ≥ 0

Therefore, the formulation of the given linear program is,

Minimize  

z = 400S1 + 600S2 + 150 ( LT1 + LT2 + LC1  + LC2)  

Subject to the constraints  

T1 + C1 ≤ I000

T2 + C2 ≤ 1000

2T1 + C1 = S1

2T2 + C2 = S2

100 + T1 = 400 + LT1

LT1 + LT2 = 300 + LT2

200 + C1 = 800 + LC1

LC1 + C2 = 300 + LC2

 

S1,S2 ≤ 1 500

4C1 - 6T1 ≥ 0

4C2 - 6T2 ≥ 0

All variables  ≥ 0  

Compile a job advertisement for a receptionist vacancy

Answers

Answer:

                    RECEPTIONIST NEEDED - FRONT DESK

 JustJay Limited is looking to hire a young and vibrant young person to join

                      our team as a receptionist for the front desk.

ResponsibilitiesWelcoming clients and prospective clients.Handling both outgoing ang incoming calls to route them as required. Handing mail logistics.Carrying out other Administrative duties as required.

QualificationsAge between 21 and 28Computer literateMust possess great Interpersonal skillsMust be a team playerGED holders are welcome to apply. Experience in similar role would be an added advantage.

                         WE OFFER ATTRACTIVE PACKGAGES.

Send us your CV at hrjustjayltd . com or contact us on 1 - 585 - 244 - 8522.

Lorenzo is the sole proprietor of a trampoline shop. During 2019, the following transactions occurred.Unimproved land adjacent to the store was condemned by the city on February 1. The condemnation proceeds were $15,000. The land, acquired in 1986, had an allocable basis of $40,000. Lorenzo has additional parking across the street and plans to use the condemnation proceeds to build his inventory.A truck used to deliver trampolines was sold on January 2 for $3,500. The truck was purchased on January 2, 2014, for $6,000. On the date of sale, the adjusted basis was zero.Lorenzo sold an antique rowing machine at an auction. Net proceeds were $4,900. The rowing machine was purchased as used equipment 17 years ago for $5,200 and is fully depreciated.Lorenzo sold an apartment building for $300,000 on September 1. The rental property was purchased on September 1, 2015, for $150,000 and was being depreciated over a 27.5-year MACRS life using the straight-line method. At the date of sale, the adjusted basis was $124,783.Lorenzo's personal yacht was stolen on September 5. The yacht had been purchased in August at a cost of $25,000. The fair market value immediately preceding the theft was $19,600. Lorenzo was insured for 50% of the original cost, and he received $12,500 on December 1.Lorenzo sold a Buick on May 1 for $9,600. The vehicle had been used exclusively for personal purposes. It was purchased on September 1, 2014, for $20,800.Lorenzo's trampoline stretching machine (owned two years) was stolen on May 5, but the business's insurance company will not pay any of the machine's value because Larry failed to pay the insurance premium. The machine had a fair market value of $8,000 and an adjusted basis of $6,000 at the time of theft.Lorenzo had AGI of $102,000 from sources other than those described above.Lorenzo has no non-recaptured § 1231 lookback losses.For each transaction, what are the amount and nature of recognized gain or loss?What is Lorenzo's 2019 Adjusted Gross Income?

Answers

Explanation:

we have to get The Amount and nature of recognized gain or loss for each transaction:

a.  The condemnation proceeds = $15,000.  allocable basis of acquired land = $40,000."

loss = $40,000 - $15,000

= $25,000

b. sale of truck = $3,500. the adjusted basis = 0

Gain = $3,500 - 0 = $3,500

c.

As rowing machine was sold for 4900 and is fully depreciated, with an adjusted basis of 0

Gain = $4,900 - 0 = $4,900

d. sale of apartment = 300000

adjusted basis = $124,783

when we subtract we get :

The Overall gain would be = $300,000 - $124,783 = $175,217

Unrecaptured Section gain = $150,000 - $124,783 = $25,217

Regular long-term capital gain = Overall gain - Uncaptured section gain

This is:

= $175,217 - $25,217 = $150,000

e. his yatch was stolen, it had cost $25,000. The fair market value = $19,600. he was insured for 50% of the original cost, of which he got $12,500 on December 1."

Then Tax loss = Fair market value - Amount received from insurance

$19600-$12,500 = $7,100

so we have here a tax loss of $7,100 ( before any AGI limitation),

f. he sold a Buick for $9,600.  It was bought for $20,800."

Loss = $20,800 - $9,600 = $11,200

a non-deductible personal loss.

g. after his trampoline machine was stolen. fair market value was 8000, adjusted basis = 6000

Tax Loss = $6,000

lorenzos Adjusted Gross Income for 2019 = $102,000 + $3,500 + $4,900 + $150,000 - $6,000 = $254,400

Use the below information to answer the following question.
Income Statement
For the Year
Net sales $631,000
COGS 442,220
Depreciation 28,100
EBIT $160,700
Interest 14,900
Taxable income $145,800
Taxes 49,600
Net income 96,200
Balance Sheet
Beginning of Year End of Year
Cash $ 38,200 $43,700
Accounts receivable91,400 86,150
Inventory 203,900 214,600
Net fixed assets 516,100 537,950
Total assets 849,600 $882,400
Accounts payable $136,100 104,300
Long-term debt 329,500 298,200
Common stock ($1 par value)75,000 82,000
Retained earnings 309,000 397,900
Total Liab. & Equity $849,600 882,400
What is the quick ratio at the end of the year?
How many days of sales are in receivables at year-end?
What is the price-sales ratio if the market price is $43.20 per share? (Use end-of-year values)?
What is debt-equity ratio at year-end?
What is the return on equity using year-end values?
What is the amount of the dividends paid during the year?
What is the amount of the cash flow from investment activity for the year?
What is the net working capital to total assets ratio at year-end?
How many dollars of sales are being generated from every dollar of net fixed assets? (Use year-end values)?
What is the times interest earned ratio for the year?
What is the net cash flow to stockholders for the year?


Answers

Answer:

Follows are the solution to the given point:

Explanation:

The formula for calculating the Quick Ratio:

[tex]\text{Quick Ratio} = \frac{\text{Quick Assets}}{\text{Current Liabilities}}[/tex]

                    [tex]= \frac{43700+86150}{104300}\\\\=\frac{ 129850}{104300} \\\\= 1.24[/tex]

[tex]\text{Sales days Receivable at end of year} = (\frac{\text{Account receivables at the end}}{\text{Gross sales by loan}} ) \times \text{number of days}[/tex]                                                         [tex]= \frac{86150}{631000} \times 365 \\\\ = 49.833 \\\\ = 50\ days[/tex]

[tex]\text{Sales price ratio} = \frac{\text{Sales per share price}}{\text{ Sales Share price}}[/tex]

                         [tex]=\frac{43.20}{\frac{63100}{82000}}\\\\ = \frac{43.20}{0.769}\\\\ = 5.61[/tex]

[tex]\text{total equity Debt} = \frac{ \text{Complete Liabilities}}{\text{Stockholders}}[/tex]

                           [tex]= \frac{882400}{(397900+82000)}\\\\ = \frac{882400}{(479,900)}\\\\ = \frac{882400}{(479,900)}\\\\= 1.838[/tex]

[tex]\text{Equity Return} = \frac{\text{Net Sales}}{\text{Equity of Shareholder}} \times 100[/tex]

                           [tex]= \frac{96200}{(82000+397900)} \times 100 \\\\ = \frac{96200}{(479900)} \times 100 \\\\= 0.2004 \times 100\\\\= 200.4 \ \%[/tex]

Dividends received throughout the year = Restored earnings opening + Net Sales -Closing of restored profits

                                              [tex]= 309000 + 96200 - 397900 \\\\= 7300[/tex]

Other Questions
Which one of the following lines is the graph of theequation y = 2x - 3?I'll give you brainliest! Tell about the Shakespeare in the Courts program. How does the program work? Do you think programs like this would be helpful to teens facing community service or juvenile detention?Explain why or why not. Use facts and details from the Article, as well as your own ideas, in your answer Here is your three daily reminders 1. You are amazing, you are important, you are special, you are unique, you are precious, you are loved.2. please consider this official notification that you are awesome.3. Your value doesnt decrease based on someones inability to see your worth.Everyone is amazing and loved it might not feel like it but trust me you are amazing and loved always .. I love you!-Mya How much work is required to lift a 2.90 kg object from the bottom of a well 8.7 m deep? The science of life or living matter in all its forms and phenomena? Whats its vocab answer? please help me, 50 pointsWhat type of bond are the arrows pointing to below in the picture ProblemPosition The figure shows a motorcyclist traveling east along a straightroad. After passing point B, the cyclist continues to travel at an averagevelocity of 18 m/s east and arrives at point C2.8 s later. What is theposition of point ? How did the California Gold Rush help to create a need for the Pony Express? i have a question, what does a man have to do to get the love of his life. How can get better at geogrwphy Alfonso studied the magazine pictures of rock stars for a hairstyle. He liked the way Prince lookedand the bass player from Los Lobos. Alfonso thought he would look cool with his hair razored into a V in the back and streaked purple. But he knew his mother wouldnt go for it. And his father, who was puro Mexicano, would sit in his chair after work, sullen as a toad, and call him "sissy. What details from the passage would best support a paragraph about conflict between characters? A Alfonso thinking he would look good with razored, purple hair B Alfonso liking the way the rock stars style their hairC Alfonso thinking his father would likely call him a sissyD Alfonso seeing his father sit in his chair after work A faculty member is retiring, and a committee has been established to select a replacement. HR conducts candidate recruitment, and the selection committee proceeds through the interview process. However, the dean has already made the decision to select David, one of his friends who is in the interview pool, for the open position. Since David is not fully qualified for the position, the dean rewrites the job description to fit Davids qualifications. Discuss the ethics of this situation using the distributive justice framework of moral principles. Solve for this and get 12 points plz help me with ihes Four different gangs have controlled different areas of your city-state for the past 40 years. Before that, there was a dictator, but he died of a heart attack and when nobody could agree on who should take over, the four men who were his closest began fighting against each other. There is so much conflict between these four gangs in the city-state that every day, regular citizens get hurt or killed. Which form of government would be the best to have in this situation? Worth 10 points & I will give brainliest Sa pag hahangad ng kagitna, isang salop ang nawala The Piney Creek Swim Club is preparing for the opening day of the summer season. The pool holds 22,410 gallons of water, and water is being pumped in at 540 gallons per hour. How many hours will it take to fill the tank? Please write your answer in the following format: number + hours (for example, 5 hours) PLEASE HELP! In paragraph form, describe the six main points of most creation beliefs. The Parker family went to the carnival. When everyone was ready for lunch, Dad bought 4 drinks for $3.25 and 4 hot dog plates with chips for $8.00. He also used a coupon for $2.00 off the price of lunch. How much did Dad pay for lunch altogether?