_______ are rows of trees or other tall plants grown at the edges of farm fields in order to slow down winds.
Answers
Shelterbelts are the rows of trees or other tall plants grown at the edges of farm fields in order to slow down winds are called .A shelterbelt is a row of trees or tall plants planted in a way that slows down wind and protects crops from blowing snow, dust, and soil erosion.
They serve as a physical barrier, reducing the wind's velocity and causing it to flow over the top of the shelterbelt. Shelterbelts have numerous benefits, including increasing crop productivity by lowering wind erosion and increasing the availability of water. They also help to keep soil nutrients and organic matter from being lost to erosion, while also reducing the risk of soil compaction. Shelterbelts are an essential tool for farmers, particularly in areas with high winds or soil erosion.
They serve as a cost-effective way to minimize wind damage to crops while also providing habitat for birds and other wildlife. Shelterbelts may also provide aesthetic and recreational benefits, such as shade and windbreaks for outdoor activities. Shelterbelts are used in various regions of the world to protect crops, livestock, and structures from harsh winds.
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Related Questions
When an organization evaluates people based on the economic or productive potential of their knowledge, experience, and actions, the organization is viewing them as ______.
Answers
When an organization evaluates people based on the economic or productive potential of their knowledge, experience, and actions, the organization is viewing them as human capital.
What is human capital organization?Human capital is referred to as an intangible asset for any firm but is absent from the balance sheet of a corporation. Human capital, which includes an employee's education, health, intelligence, punctuality, values, ethics, corporate citizenship, and loyalty, is the economic value of their knowledge, abilities, and experience.
Thus, it is human capital.
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What is nation’s plan for answering the key economic questions?
Answers
Explanation:
economic decision-making
process of choosing which wants among several options will be satisfied
producers
individuals and organizations that determine what products and services will be available for sale
economic system
a nation's plan for answering the three economic questions
economic resources
means through which goods and services are produced
needs
things that are required in order to live
scarcity
not having enough resources to satisfy every need
supply
quantity of a good or service that businesses are willing and able to provide
consumer
person who buys and uses goods and services
command economy
system in which resources are owned and controlled by the government
goods
things that you can see and touch
capitalism
private ownership of resources by individuals rather than by the government
traditional economy
system in which goods and services are produced the way they have always been done
mixed economy
system that combines elements of the command and market economies
demand
quantity of a good or service that consumers are willing and able to buy
market price
point where supply and demand are equal
wants
things that add comfort and pleasure to your life
services
activities that are consumed at the same time they are produced (things that others do for you)
trade-off
giving up on something to have something else
opportunity cost
value of the alternative you did not choose
market economy
system in which the resources are owned and controlled by the people of the country
economic choices
you can't have everything so you must choose
what are the 6 tips in the economic decision making?
1. define the problem
2. identify your choices
3. evaluate your choices
4. choose one
5. act on your decision
6. review your decision
(DieCar)
unlimited wants
wants that are never-ending and build off each other
what are the three economic resources or also known as factors of production?
a. natural resources
b. human resources
c. capital resources
natural resources
resources that come from the earth, water, or air (oil, ,gold, copper, etc.)
human resources
people who work to produce your goods and services (people in labor)
capital resources
tools, building, equipment that are used to produce them
what is the basic economic problem for businesses and families?
scarcity
competition
a contest among sells to get consumers to buy their product (you)
freedom of choice
buy what you want and where you want
In 2013, the Oakland A's were one of the hottest teams in baseball. They were regularly drawing "sellout" crowds, with many more fans wanting tickets. However, the A's did not sell all of the 56,000 seats. The A's removed or put tarps over roughly 20,000 seats in most of the third deck and the outfield stands. The A's management said that the reason was to create a more intimate feeling for the fans. What's another explanation? The A's removed or put tarps over roughly 20,000 seats to
Answers
Answer:
The other reason was to limit the number of special seats to charge a higher price for them.
Explanation:
Oakland A's knows that it has a large number of dedicated fans and that they are thirsty for tickets to watch the games, as these tickets are in high demand. In this case, when Oakland A's puts tarps or removes only on 20,000 seats and claims that it is to promote a more intimate experience for fans, it is because it knows that fans will want to occupy these special places, no matter what price they need to pay. In this case, we can say that a probable reason for the existence of these 20,000 unavailable seats is to increase the profit from ticket sales, by charging a higher price for the available seats.
homework libABC Inc. uses a machine that can produce 95 cranks per hour. The firm operates 9 hours per day, six days per week. Due to regularly scheduled preventive maintenance, the firm expects the machine to be running during approximately 90% of the available time. Based on experience with other products, the firm expects to achieve an efficiency level for the cranks of 80%. What is the expected weekly output of cranks for this company
Answers
The expected weekly cranks output should be 3,693.60.
The following formula should be applied:
= Number of cranks produced per hour × number of hours operated per day × number of days per week × expected machine running percentage × efficiency level
= 95 × 9 × 6 × 90% × 80%
= 3,693.60
Therefore we can conclude that The expected weekly cranks output should be 3,693.60.
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Outline TWO benefits of using the FIFO system for Mcdonald’s
Answers
There are several benefits for McDonald's by using FIFO methods. Here we will discuss some of them: better food hygiene, which gives more customers satisfaction; easier to reduce products near their end-date—resulting in more sales and less waste;
What is FIFO?
FIFO is a measuring tool for inventory valuation or management. In this, we have sold the goods which come first. This is called a FIFO, which is known as First In First Out.
Thus, McDonald's using the FIFO method gets such benefits as better food hygiene, which gives more customer satisfaction; easier to reduce products near their end-date – therefore more sales and less waste.
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the profit mark-up is a percentage of the cost price which is added to the cost price in order to calculate the selling price.
true or false if false say why
Answers
Answer:
true
Explanation:
Geisel, Incorporated reported net sales revenue of $511,000 in 2021 and $618,000 in 2022. The company’s ending net receivables were $121,000 at December 31, 2020 and $120,000 at December 31, 2021. At December 31, 2022, the company had Accounts Receivable of $148,000 and an unadjusted debit balance in its Allowance for Doubtful Accounts account of $1,400. The company reported Bad Debt Expense of $7,240 during 2022. Required: Determine the net receivables at December 31, 2022. Calculate the receivables turnover ratio for 2021 and 2022. Calculate the days to collect for 2021 and 2022
Answers
The days to collect is calculated by dividing the average accounts receivable balance by the daily credit sales: 62.7 days.
To adjust the allowance, we need to estimate the amount of uncollectible receivables based on a percentage of the ending accounts receivable balance. Let's assume that Geisel, Incorporated estimates that 2% of its ending accounts receivable balance will be uncollectible.
The adjustment to the allowance for doubtful accounts will be:
Ending Accounts Receivable Balance as of 12/31/2022: $148,000
Estimated Bad Debt Expense: $148,000 x 2% = $2,960
Adjustment to Allowance for Doubtful Accounts: $2,960 - $1,400 (unadjusted balance) = $1,560 (credit)
Therefore, the adjusted balance in the Allowance for Doubtful Accounts account at December 31, 2022 is a credit balance of $1,560.
Net receivables at December 31, 2022, we need to subtract the allowance for doubtful accounts from the accounts receivable balance:
Net Receivables as of 12/31/2022: $148,000 - $1,560 = $146,440
The receivables turnover ratio is calculated by dividing net sales revenue by the average accounts receivable balance:
Receivables Turnover Ratio for 2021: $511,000 ÷ [(($121,000 + $120,000) ÷ 2)] = 4.24 times
Receivables Turnover Ratio for 2022: $618,000 ÷ [(($120,000 + $148,000) ÷ 2)] = 4.00 times
The days to collect is calculated by dividing the average accounts receivable balance by the daily credit sales:
Days to Collect for 2021: [(($121,000 + $120,000) ÷ 2) ÷ ($511,000 ÷ 365)] = 67.6 days
Days to Collect for 2022: [(($120,000 + $148,000) ÷ 2) ÷ ($618,000 ÷ 365)] = 62.7 days
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who looks over the land and determines the best location for the structure.
Answers
Answer:
what does this mean
Explanation:
Direction: Write HURRAY to statements that expresses correct thought and HEPHEP if not.
1. Production record reflects the list of the different crops grown in the farm in a particular year.
2. The use of flyer for marketing fruits and seedlings is convenient and cheap.
3. Web marketing involves both advertising and marketing efforts through email to current and prospective customers.
4. Email marketing includes e-commerce, promotional or informative websites, and online advertising on search engines.
5. Online marketing is the process of selling products to the market.
6. Social media marketing involves both advertising and marketing efforts via social networking sites.
7. Fruits are ready for harvest at the right degree of maturity.
8. Calamansi is best to harvest from July to October.
9. Cash record is the value received from cash sales and cash payments in a certain period.
10. August to November is the best time of the year to harvest soursop or guyabano and lanzones.
Answers
Answer:
1.hephep
2.hephep
3.hurray
4.hephep
5.hurray
6.hurray
7.hurray
8.hephep
9.hephep
10.hurray
hope its help
#carry on learning
According to the text, current research indicates that creative problem solvinga. draws on heuristics and analogies in the same way as does ordinary problem solving.b. requires unconscious work that goes on after one has consciously put the problem to the side.c. draws on mental processes that are distinct from the processes relevant to more ordinary problem solving.d. depends on divergent thinking.
Answers
Answer: It depends on divergent thinking, which involves generating multiple ideas, exploring unconventional solutions, and thinking outside the box.
Explanation: According to current research, creative problem-solving draws on mental processes that are distinct from the processes relevant to more ordinary problem-solving. While ordinary problem-solving often relies on heuristics and analogies, creative problem-solving involves a different approach. Furthermore, creative problem-solving does not solely rely on conscious effort. It also involves unconscious work that continues after consciously putting the problem aside. This unconscious processing allows the mind to make new connections, reorganize information, and arrive at novel solutions. Therefore, creative problem-solving involves both conscious and unconscious cognitive processes, utilizing distinct mental mechanisms that distinguish it from ordinary problem-solving. Unlike ordinary problem-solving, creative problem-solving requires thinking beyond established patterns and norms.
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when performing a significance test about ap opulation mean, a t distribution, instead of a normal distribution, is often utilized. whic hof the following is the most approporiat expalnation for this?
a) The sample sizw is not large enough to assume that the population distribution is normal
b) The sample does not follow a number distribution
c) There is an insecrease in the variability of the test statistic due to estimation of the population standard deviation
d) The sample standard deviation is unknown
e) The population standard deviation is too large
Answers
The most appropriate explanation for using a t distribution instead of a normal distribution when performing a significance test about a population mean is that the sample standard deviation is unknown. The correct option is d).
When the population standard deviation is unknown, it needs to be estimated using the sample standard deviation. However, this estimation introduces additional variability into the test statistic, which needs to be accounted for.
The t distribution, which has fatter tails than the normal distribution, takes into account this additional variability and provides a more accurate estimate of the distribution of the test statistic.
It is important to note that the t distribution is also used when the sample size is small, which is often the case in practice. When the sample size is small, the assumption that the population distribution is normal may not hold, and the t distribution provides a more robust alternative.
However, the main reason for using the t distribution instead of the normal distribution is the estimation of the population standard deviation based on the sample standard deviation.
In summary, the t distribution is used instead of the normal distribution when performing a significance test about a population mean when the sample standard deviation is unknown.
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Zion company sells merchandise on credit to brc, inc. in the amount of $1,200. the entry to record this sale would include a: (check all that apply.)
Answers
The entry to record the sale of merchandise would include
-Debit to Accounts Receivable
-Credit to Sales
What is journal entry?Journal entry refers to how business transactions are recorded for ease of reconciliation.
Typically, when goods are sold, the accounts receivable is debited, while sales is credited.
Hence, the entry to record the sale of merchandise would include debit to Accounts Receivable and credit to sales.
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Kent works in the public relations department of his company. He sends a news release about a new product offering to several newspapers and television stations. Kent knows from past experience that even when the media use his news releases, they often release the information at inopportune times. They will also sometimes cut out what Kevin believes are the most important points to make the news fit. However, Kent accepts these disadvantages because free publicity offers the advantage of
Answers
Answer:
The answer is "credibility".
Explanation:
In this scenario, free advertising offers a reputation benefit. When this journal advertises openly, it's also considered reliable by the targeted customers like, it is in news form while charging something. Therefore, Kent finds that improper transmission of time information to be a drawback since it recognizes that its product and company would still be credible.
People are known to have different qualities. Kent accepts these disadvantages because free publicity offers the advantage of Credibility.
Credibility is known to be a characteristic of an individual who is said to be noted by others to be a trusted advisor, believable, and confident as they tend to show a high level of expertise in a specific field.A lot of traits are said to be of influential behaviors are known to be linked with with high credibility. Kent acceptance shows that free publicity gives some measure of Credibility.
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Which is not one of the main sections of a resume?
A. contact information
B. salary requirement
C. education
D. work experience
Answers
Answer:
B. salary requirement
Explanation:
Salary is typically posted in the job description or negotiated by the employer/employee as part of the hiring process
Which of these is NOTa concern for consumers in times of inflation? a.They cannot anticipate the cost of goods and services. b.They lose money on their investments and savings. c.They are at a disadvantage when paying back borrowed money. d.They struggle when they are on a fixed income.
Answers
Answer:
c.They are at a disadvantage when paying back borrowed money.
Explanation:
In any economics of a country, inflation may be defined as the fall of the value of the money or currency of a country over a period of time. In inflation, the general price level increase and the value of money decreases.
Due to inflation, with each currency unit, less of goods or services can be bought. In inflation, the consumers are not concern about the disadvantage when they pay back the money that they borrowed because the value of the money decreases. Money decreases its value but the demand of goods and services increases in the economy.
Explain how you would handle an issue with social media in your company?
Answers
Answer:
I will handle it no matter what
Explanation:
I think the way I handle it will be different from others like First I need to see what the issue is like then I will handle it legally if it want a lawyer I have to get one if the issue want legal process I will done by the law of the country
Which of the following are part of the marketing mix? (Check all that apply)
Answers
Answer:
product, price, place, promotion—are often referred to as the marketing mix. These are the key elements involved in marketing a good or service, and they interact significantly with each other.
Explanation:
PLZZ mark brainlyist
which of the following refers to cost savings that come from acquiring knowledge from doing a task? A. Learning effects
B. Exponential effects
C. Ancillary effects
D. Economies of scale
E. Location economies
Answers
The Learning effects refers to cost savings that come from acquiring knowledge from doing a task. Hence, option A is correct.
Learning effects refer to cost savings that come from acquiring knowledge and experience by doing a task repeatedly. As workers become more familiar with a particular task or process, they become more efficient and productive, which leads to cost savings.
Learning effects are commonly observed in manufacturing and other industries where production processes are standardized and repetitive. For example, as workers assemble a particular product repeatedly, they may find ways to streamline the process or avoid errors, which can reduce the time and cost required to produce each unit.
Learning effects are often distinguished from economies of scale, which refer to cost savings that come from increasing the scale of production. While economies of scale can also lead to cost savings, they are not related to the acquisition of knowledge or experience.
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Gidgits Galore has been busy during this lesson continuing its expansion plans throughout the United States. After all, everyone must have a gidgit, the "must-have" gadget! Gidgits Galore has opened up stores in ten new states, hired hundreds of new employees, built two additional factories, and started an advertising campaign that has caught the US by storm! Its expansion has been featured in news magazines across the country. But Gidgits Galore has encountered a few problems and needs some advice.
Should Gidgits Galore entice much sought-after employees with generous benefits?
no
yes
Answers
Answer:
Yes
Explanation:
Edge 2021
Answer:
YES edge 2023
Explanation:
What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answers
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUThe more companies an insurance company insures, the more likely they can predict the percentage of losses over a
given period of time. This is known as:
a) Statistical Analysis
b) Forecasting
c) Law of Large Numbers
Answers
Answer: C. Law of Large Numbers
Explanation:
The law of large numbers, posits that as the sample size grows, the mean of the samples will be closer to the average that's meant for the entire population.
According to the law of large numbers, when an experiment is repeated so many times, and then the results are averaged, the value that one gets will be close to the expected value.
In insurance, the more companies that are insured by the insurance company, the more likely they will b able to predict the percentage of losses over a given period of time.
april 2 nozomi invested $35,000 cash and computer equipment worth $35,000 in the company in exchange for its common stock. april 3 the company rented furnished office space by paying $2,500 cash for the first month’s (april) rent. april 4 the company purchased $1,800 of office supplies for cash. april 10 the company paid $2,880 cash for a 12-month insurance policy. coverage begins on april 11. april 14 the company paid $1,000 cash for two weeks' salaries earned by employees. april 24 the company collected $14,000 cash for commissions revenue. april 28 the company paid $1,000 cash for two weeks' salaries earned by employees. april 29 the company paid $350 cash for minor repairs to computer equipment. april 30 the company paid $900 cash for this month's telephone bill. april 30 the company paid $1,580 cash in dividends.
Answers
The Journal entry is the process of maintaining the records of transaction that takes place in the organization. The below are given journal entries of above-mentioned transactions.
The journal entries will be:
1) Dr. Cash $35,000
Dr. Computer Equipment 35,000
Cr. Capital $70000
(Cash and computer equipment invested)
2) Dr. Rent Expense $2,500
Cr. Cash $2,500
(Rented space)
3) Dr. Office Supplies $ 1,800
Cr. Cash $ 1,800
(Company purchased supplies)
4) Dr. Prepaid Insurance $2,880
Cr. Cash $2,880
(Company purchased insurance policy)
5) Dr. Salaries Expense $1,000
Cr. Cash $1,000
(Paid salaries)
6) Dr. Cash $14,000
Cr. Commissions Earned $14,000
(Commission earned)
7) Dr. Repairs Expense $350
Cr. Cash $350
(Payment made for repairs)
8) Dr. Telephone expense $900
Cr. Cash $900
(Paid telephone bill)
9) Dividend paid $1580
To cash $1580
(Payment of dividend)
The complete question is here:
On April 2 Nozomi invested $35,000 cash and computer equipment worth $35,000 in the company in exchange for its common stock. April 3 the company rented furnished office space by paying $2,500 cash for the first month’s (April) rent. April 4 the company purchased $1,800 of office supplies for cash. April 10 the company paid $2,880 cash for a 12-month insurance policy. coverage begins on April 11. April 14 the company paid $1,000 cash for two weeks' salaries earned by employees. April 24 the company collected $14,000 cash for commissions revenue. April 28 the company paid $1,000 cash for two weeks' salaries earned by employees. April 29 the company paid $350 cash for minor repairs to computer equipment. April 30 the company paid $900 cash for this month's telephone bill. April 30 the company paid $1,580 cash in dividends. Form the journal entries of above transactions.
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Which career pathways involve high risk due to exposure to dangers?
Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Intelligence Analysts in the Security and Protective Services pathway
Intelligence Analysts in the Security and Protective Services pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway
Answers
Answer:
Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.
Explanation:
The career pathways that involve high risk due to exposure to dangers is :
A) Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.
"Career Pathways"The career pathways that involve high risk due to exposure to dangers is:
Firefighters in the Emergency
Firefighters too give an critical part in teaching the open with respect to fire and security.
Instructing fire anticipation and teaching the open on how to reply in crisis circumstances can offer assistance spare lives.
Fire Management pathway
Candidates require a long time of work encounter in law requirement, fire security, or an crisis administration field.
Crisis administration executives ordinarily require a bachelor's degree
Correctional Officers in the Corrections pathway
Corrections officers may do a few or all of the taking after:
supervise prisoners' day by day schedule, which incorporates feast, work and amusement times. screen, evaluate and oversee the conduct and security of detainees watch jail buildings and grounds.
Detention Officers in the Law Enforcement pathway.
A detainment officer forms prisoners, keeps up imprison security, serves dinners, transports detainees, gets and forms detainees into care of educate, looks detainees, and takes charge of individual property and gives detainees with opportunity to call their lawyer or relative.
A Career Pathway traces the positions, compensation, and preparing required to development in an industry.
Thus, the correct answer is A.
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The act that reduced the tax on British tea in order to give it an unfair advantage over tea imported from other countries was the
Answers
Answer:
Tea Act.
Explanation:
The act that reduced the tax on British tea in order to give it an unfair advantage over tea imported from other countries was the Tea Act.
The Tea Act was passed by the British parliament on the 10th of May, 1773. The act granted the British tea company a monopoly on the importation of tea to the American colonies, as well as eliminated the customs duty on British tea and permitted its direct export to America.
In consumer finance, which of the following are primarily used? A. financial statements B. budgets C. both budgets and financial statements
Answers
Answer:
Explanation:
The most important financial statement for the majority of users is likely to be the income statement, since it reveals the ability of a business to generate a profit. The financial statements are used by investors, market analysts, and creditors to evaluate a company's financial health and earnings potential. The three major financial statement reports are the balance sheet, income statement, and statement of cash flows.
Walmart can achieve a _____ using its relationships with suppliers to create an advantage that, ultimately, allows it to give customers low prices and good customer service.
Answers
Answer:
cost leadership/competitive advantage
Option 1: 1,811 square feet, 2-3 bedroom, 2 bath house that arrives in 4 modules. It includes the upgraded PEX piping and fiber cement siding that Xavier saw on the tour. The price for Option 1 would be $180 per square foot.
Option 2: 2,600 square feet, 3-4 bedroom, 3 bath house that arrives in 5 modules. It also includes the upgraded PEX piping and fiber cement siding. The price for Option 2 is $195 per square foot.
Sabrina also explains that Xavier must have certain things ready ahead of time, such as electric, sewer, and water systems, as well as a foundation in place. She gives him the name of a transport company that would oversee bringing Xavier’s modules to his house site. On your math sheet, complete the following problems that will help Xavier choose from the two options Sabrina has presented him:
Math Problem 3: Calculate the total price for Option 1
Use this formula to help you solve the problem:
Total Square Feet × Number of Square Foot=Total Price
Math Problem 4: Calculate the total price for Option 2
Use this formula to help you solve the problem:
Total Square Feet × Number of Square Foot=Total Price
Xavier contacts the transport company and is put in touch with one of the drivers, Kevin. Because the modules need to be connected quickly once they reach his build site, Xavier wants to know if he can have them all delivered on the same day. Kevin says that this would be possible using one truck per module. The fee for transporting each module is 20 cents per truck per mile, plus the cost of fuel. The factory is 350 miles from Xavier’s build site, and Kevin estimates that each truck will need $500 worth of gas.
On your math sheet, complete the following problem to help Xavier find out how much he will spend on transportation costs:
Math Problem 5: Calculate Xavier’s transportation cost to have the modules delivered on the same day
Use this formula to calculate Xavier’s cost:
[(.20 × miles)+500]× number of modules
Part 2: Job Board
Xavier is excited but knows this is a huge project. Help Xavier stay organized by creating a job board for him. A job board is like a bulletin board that holds important information about a big project. This way, he can see the important aspects of his job, along with his costs. To do this, you will be taking the answers to the math questions above and creating items that Xavier can hang on his job board to remind him of the choices he should make in this project. You may select to create your job board in poster form or digitally in a word processing document. Either way, the job board should include the following pieces of content:
A rough drawing of Xavier’s lot that includes the lot measurements provided above.
Make sure that you include the total area of the lot that you calculated in Math Problem 1 somewhere on this drawing.
A sketch of the prefabricated house option that you suggest Xavier purchases (either Option 1 or Option 2).
Make sure that you include his final price that you calculated in Math Problem 3 or 4.
Also, be sure to label the upgraded technology that was included in the option you chose so that Xavier can point it out to his building inspector when the time comes.
A graphic representation (photo, clip art, etc.) of a truck with the final transportation cost on it (this is the answer to Math Problem 5).
Answers
If the price is $180 per square foot, the price of the lot will be $3,240,000
How to find the price of the lotTo calculate Xavier cost, we need to first calculate the area of the lot (trapezium)
Area of the trapzium = 1/2(a+b)h
h is the height of the trapezium
a and b are the sides
Area of the trapezium = 1/2(175+185)*100
Area of the trapezium = 1/2(360)*100
Area of the trapezium = 18000 square foot.
If the price is $180 per square foot, the price of the lot will be 18000 * 180 = $3,240,000
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What is the purpose of Journals in the accounting cycle?
A. Provide proof of all transactions
B. Record transactions for a business
C. Determines if credits and debits are equal
D. Records transactions in accounts
Answers
Answer:
b. record transactions for business
Explanation:
A journal is a detailed account that records all the financial transactions of a business, to be used for the future reconciling of accounts and the transfer of information to other official accounting records, such as the general ledger.
XYZ Corporation builds custom-designed machinery. A review of selected data and the company’s pricing policies revealed the following.
· A 10% commission is paid on all sales orders.
· Variable and fixed factory overheads total 40% and 20%, respectively, of direct labor.
· Corporate administrative costs amount to 10% of direct labor.
· When bidding on jobs, XYZ adds a 25% markup to the total of all factory and administrative costs to cover income taxes and produce a profit.
· The firm’s income tax rate is 40%.
The company expects to operate at a maximum of 80% of practical capacity. XYZ recently received an invitation to bid on the manufacture of some custom machinery for XYZ, Inc. For this project, XYZ’s production accountants estimate the material and labor costs will be $66,000 and $120,000, respectively. Accordingly, XYZ submitted a bid to XYZ in the amount of $375,000. Feeling XYZ’s bid was too high, XYZ countered with a price of $280,000. If XYZ accepted XYZ’s offer, what will be the effect on profit?
Answers
If XYZ accepts XYZ's offer of $280,000, the effect on profit would be a loss of $25,460 since the sale is below the company's break-even point of $321,460 (total cost for the project plus commission).
Direct material cost = $66,000Direct labor cost = $120,000
Total production cost = Direct material cost + Direct labor cost = $66,000 + $120,000 = $186,000
Total factory overhead = Variable factory overhead + Fixed factory overhead
Variable factory overhead = 40% of Direct labor cost = 0.40 x $120,000 = $48,000
Fixed factory overhead = 20% of Direct labor cost = 0.20 x $120,000 = $24,000
Total factory overhead = Variable factory overhead + Fixed factory overhead
= $48,000 + $24,000 = $72,000
Total administrative cost = 10% of Direct labor cost = 0.10 x $120,000
= $12,000
Total production cost + Total factory overhead + Total administrative cost
= $186,000 + $72,000 + $12,000 = $270,000
Markup = 25% of ($186,000 + $72,000 + $12,000)
= 25% x $270,000
= $67,500
Total cost for the project = Total production cost + Total factory overhead + Total administrative cost + Markup
= $270,000 + $67,500 = $337,500
Profit = Total cost for the project x (1 – Income tax rate) – Commission
Total cost for the project x (1 – Income tax rate)
= $337,500 x (1 – 0.40)
= $202,500
Commission = 10% of $280,000 = $28,000
Profit = $202,500 – $28,000 = $174,500
The break-even point is found by dividing the total fixed costs by the contribution margin ratio (contribution margin ratio is the ratio of contribution margin to sales).
Total fixed cost = Total factory overhead + Total administrative cost + Commission
= $72,000 + $12,000 + $28,000 = $112,000
Contribution margin ratio = (Selling price – Variable costs) / Selling price
Selling price = $280,000
Variable costs = Direct material cost + Direct labor cost + Variable factory overhead
= $66,000 + $120,000 + $48,000 = $234,000
Contribution margin ratio = ($280,000 – $234,000) / $280,000
= 0.1643 or 16.43%
Break-even point = Total fixed cost / Contribution margin ratio
= $112,000 / 0.1643 = $681,364.67
Therefore, XYZ's break-even point is $681,364.67, and a sale below this point would result in a loss.
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g xyz corp expects to earn $4.0 per share next year and plow back 37.5% of its earnings (i.e., it expects to pay out a dividend of $2.5 per share, representing 62.5% of its earnings). the dividends are expected to grow at a constant sustainable growth rate and the stocks are currently priced at $30 per share. how much of the stock's $30 price is reflected in present value of growth opportunities (pvgo) if the investors' required rate of return is 20%?
Answers
The present value of growth opportunities (PVGO) for g xyz corp's stock is $10.
To calculate the PVGO, we first need to find the stock's dividend discount model (DDM) value. Here's a step-by-step explanation:
1. Calculate the dividend in the next year (D1): Since the company expects to pay a dividend of $2.5 per share, D1 = $2.5.
2. Determine the required rate of return (r): The investors' required rate of return is given as 20% (0.2).
3. Calculate the sustainable growth rate (g): The company plows back 37.5% of its earnings. The payout ratio is 62.5% (1 - 37.5%). With earnings per share (EPS) of $4.0, the growth rate (g) = EPS × retention ratio = $4 × 37.5% = $1.5.
4. Find the DDM value (P0): Using the Gordon Growth Model, P0 = D1 / (r - g) = $2.5 / (0.2 - 0.0375) = $2.5 / 0.1625 = $15.385.
5. Calculate the PVGO: Subtract the DDM value from the stock's current price: PVGO = $30 - $15.385 ≈ $10.
Thus, $10 of the stock's $30 price is reflected in the present value of growth opportunities.
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