Disposal of Assets A company has an inventory of 2,850 different parts for a line of cars that has been discontinued. The net book value (NBV) of this inventory is $71,250. Either the parts can be re-machined at a total additional cost of $35,625 and then sold for $42,750, or the parts can be sold as-is for $3,350. Required: Is there a net benefit or a net loss from remachining the parts versus scrapping the parts?
Answers
There is net loss from remachining the parts versus scrapping the parts.
To determine whether there is a net benefit or loss from remachining the parts versus scrapping them, we need to compare the potential outcomes.
If the parts are re-machined at an additional cost of $35,625, they can be sold for $42,750. This would result in a net benefit of $42,750 - $35,625 = $7,125.
On the other hand, if the parts are sold as-is, they would fetch $3,350.
Comparing the two options, we can see that remachining the parts results in a net loss of $7,125 - $3,350 = $3,775.
Therefore, the company would incur a net loss if they choose to remachine the parts instead of selling them as-is.
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Related Questions
Which option identifies the type of budget development represented in the following scenario?
The Board of Directors of a large cereal manufacturer mandates a 6 percent increase in profits for 2015 and requests operating budgets from each department.
bottom-up approach
top-down approach
incremental method
zero-based method
Answers
Answer:top approach
Explanation:
Which of these would be considered an entrepreneur?
O A. A nurse in a hospital
O B. The owner of a local coffee shop
O C. A school teacher
O D. A public transportation bus driver
Answers
Answer:
I think its B
Explanation:
Because you own your own place
The owner of a local coffee shop would be considered an entrepreneur. Hence, option B is correct.
What is meant by entrepreneur?Entrepreneurs are people who launch new businesses, bearing the bulk of the risks and getting the majority of the rewards. Starting a business is a practice of entrepreneurship.
The entrepreneur is generally regarded as an inventor who develops novel ideas for goods, services, companies, and operating procedures. Several well-known businesspeople include Bill Gates, Steve Jobs, Mark Zuckerberg, Pierre Omidyar, Arianna Huffington, and Caterina Fake.
Some kinds of entrepreneur are -
Small Businesses Entrepreneurship.
Scalable Start-up Entrepreneurship.
Social Entrepreneurship.
Large Company Entrepreneurship.
Thus, option B is correct.
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This is for my class in finance
What is one way to minimize the impact of unplanned spending on a budget?
I will mark brainliest !!!
Answers
Answer:
1. Work with credit card companies. ...
2. Sell your stuff. ...
3. Earn extra income. ...
4. Take on a short-term money loan. ...
5. Re-budget to live below your means. ...
6. Ask for a paycheck advance. ...
7. Make sure you're prepared for next time.
create a filing system using alphabetical. The system must include:
. at least 5 folders
- a cross reference sheet
- an outguide/outsheet
Answers
An alphabetical filing system is a commonly used method for organizing and accessing paper documents.
The system is easy to use, cost-effective, and efficient. To set up an alphabetical filing system, follow these steps: Sort your documents by name or subject, using the first letter of each name or subject as the starting point. Create a set of alphabetical dividers or folders for each letter of the alphabet. Label each divider or folder with the corresponding letter of the alphabet. Place your documents in the appropriate folder based on the first letter of the name or subject. Create a cross-reference sheet that lists the contents of each folder or divider for easy reference. Use an outguide or outsheet to mark the location of documents that are checked out or in use, to prevent others from accessing them while they are being used. To maintain the system, periodically review the contents of each folder or divider, and update the cross-reference sheet accordingly. An alphabetical filing system is easy to use and allows for quick and efficient access to your documents. By creating a cross-reference sheet and using an outguide, you can further streamline the process and ensure that your documents are organized and accessible at all times.
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Explain the importance of leisure activities.
Answers
Answer:
leisure activities improve the productivity of people
Explanation:
if you feel stressed and then go to a water park, you will get less stressed right?
Tony saw a television advertisement for Yamaha Star Venture, a sports touring motorcycle, and wanted to test drive one. The advertisement is an example of a(n) _______ stimuli.
Answers
The advertisement that's done by Yamaha in this scenario depicts an external stimuli.
What is advertisement?It should be noted that advertisement is important in order to create awareness about a product.
In this case, Tony saw a television advertisement for Yamaha Star Venture, a sports touring motorcycle, and wanted to test drive one.
The advertisement is an example of an external stimuli.
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efficient production decisions occur when____forces lead firms to produce the output level where______.
Answers
Answer: Market forces, Marginal cost equals Marginal revenue
Explanation: Efficient production decisions occur when market forces lead firms to produce the output level where marginal cost equals marginal revenue. This is known as the profit-maximizing level of production, where the firm is producing at the point where it is making the most profit possible given the market conditions. If the firm produces less than this level, it is missing out on potential profits, while producing more than this level would result in diminishing returns and decreased profits.
What is Profit Maximization? Profit Maximization is a process business firms undergo to ensure the best output and price levels are achieved in order to maximize its returns. Influential factors such as sale price, production cost and output levels are adjusted by the firm as a way of realizing its profit goals.
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what is a business plan
Answers
Answer:
a document setting out a business's future objectives and strategies for achieving them
Explanation:
After a customer buys a custom cake or receives catering service from For Goodness Bakes a service representative contacts each customer to conduct a survey. The survey information is a form of output True or False
Answers
It is a false statement that the survey information is a form of output when Goodness Bakes contacts each customer to conduct a survey, rather, it is known as input.
What are survey information use for a company?Surveys enable businesses of all sizes to efficiently collect honest feedback, opinions, and responses from customers and employees, and then use that data to improve operations, make any necessary adjustments to the onboarding process, increase sales, cut costs, and uncover product development opportunities.
Survey responses can either confirm the efficacy of current practices or spark discussions about strategic business decisions, as well as provide unbiased data to guide decision-making.
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In "The Founder," The McDonald brothers are worried about maintaining standards in their franchises. What are at least three standards that are not being met with this franchise that Ray is checking on in this scene?
Answers
whats the answer for this
Answers
Answer:
(a) money in hand
this will be the answer I think so
Money in hand because national wealth will contain only things which makes our country better than just money , we need only hard work and motivation and kind heart to make things better in our country , see down -
Machines are made - this statement is because of India’s hard work and motivation to make something
Financial assets- they are compared with kind heart by me because giving money to needy people
List 3 responsibilities that a consumer has when making a purchase.
Answers
Answer:
check receipt, know the return policy, read the fine print
Explanation:
Welcome
How much will we end up buying?
Answers
In most SBA loans,
Group of answer choices
a) the SBA requires assets as collateral
b) the money has a zero percent interest rate.
c) the SBA does not lend any money
d) only provides guarantees to loans over $1 million.
2. When the SBA makes a loan guarantee
Group of answer choices
a) banks are willing to consider less riskier deals
b) loans typically are between one and three years
c) banks are willing to consider riskier deals
d) banks normally refuse
Answers
The correct answer of first question is A. and Second question is C. In most SBA loans, the SBA requires assets as collateral. When the SBA makes a loan guarantee banks are willing to consider riskier deals
The Small Business Administration (SBA) is a government agency in the United States that was founded in 1953 to support and assist small businesses.
SBA offers financial, educational, and assistance programs for small businesses.
SBA loans are one of the most common types of funding offered by the SBA.
SBA loans are guaranteed by the government, making it less risky for lenders to provide capital to small businesses.
The most common types of SBA loans are the 7(a) loan program, the 504 loan program, and the microloan program. In most SBA loans, the SBA requires assets as collateral.
This implies that if the loan is not repaid, the SBA may seize the assets that have been put up as collateral.
Additionally, the SBA doesn't lend any money directly.
Instead, it acts as a guarantor and offers lenders a guarantee on the loan so that they're more willing to offer the loan.
Banks are willing to consider riskier deals because of the loan guarantee.
The interest rates on SBA loans are generally lower than those offered by traditional lenders.
However, they're not zero percent. SBA loans generally have a variable interest rate, which is tied to the prime rate.
The interest rate on SBA loans varies depending on the type of loan and the lender.
Some lenders offer fixed-rate SBA loans, but these are rare.
SBA loans have several requirements, including a minimum credit score, a business plan, and a certain amount of collateral.
The specific requirements vary depending on the type of loan and the lender.
Generally, the SBA requires that the business be profitable, have a reasonable amount of collateral, and have been in business for at least two years.
The SBA also requires that the business be located in the United States and be owned and operated by a US citizen or legal resident.
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Which of the following must have at least two owners?
a. Sole proprietorship
b. Partnership
c. Corporation
d. Sole proprietorship and partnership
e. Partnership and corporation
Answers
A partnership must have at least two owners. A sole proprietorship can have only one owner, a corporation can have multiple owners, and a sole proprietorship and partnership can have one or two owners. The correct answer is option B
To explain further, a sole proprietorship is a business owned and operated by a single individual, so only one owner is necessary. A partnership is a business owned by two or more people, so at least two owners are required. A corporation is an entity created by a group of people to carry on business, so it can have multiple owners.
A sole proprietorship and partnership can have one or two owners, depending on the agreement of the parties involved. Usually both the parties are equally invested so that both parties have equal responsibilities for sucesses and failures.
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You should inform the person who is writing your letter of recommendation of
all of the following things except
A. where you are applying and why.
B. when the letter is due.
C. what you would like him or her to write.
D. what type of financial aid you are seeking.
Answers
Answer:
D.what type of financial aid you are seeking
Describe some of the characteristics of federal student loans.
Answers
Answer:
Interest rates on federal loans are fixed. The interest rates on private student loans can be variable or fixed and are usually higher.
Undergraduate borrowers who can demonstrate financial need could receive a federal subsidized loan, meaning the government pays the interest until you graduate.
Federal loans offer flexible repayment options and loan forgiveness programs. Private loans have few repayment options and no loan forgiveness programs.
Federal loans don’t have to be repaid until you graduate or drop below half-time status as a student.
Explanation:
Hope this helps you if it does please mark brainiest
what do you think the narrator emphasizes about himself by asking to live in a "house by the side of the road"
Answers
The poem "The House by the Side of the Road" by Sam Walter Foss is frequently linked to the expression "house by the side of the road." The narrator of the poem expresses a wish to reside in a house by the side of the road so that he might be a friend to and host for onlookers.
The House by the Side of the Road?The narrator underlines their goal to be approachable and helpful to others by stating their readiness to live by the side of the road. It implies that they are ready to lend a hand and offer comfort to anyone who could be in need, regardless of their background or situation.
The narrator may be emphasizing their wish to be a kind and giving person who actively participates in other people's life by providing support, friendship and understanding throughout the text as a whole.
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Generally, it is a sound business practice to take advantage of cash discounts. the money saved by paying invoices promptly is free to be used elsewhere. conversely, there is an implicit (opportunity) cost of foregoing a cash discount. by forgoing a cash discount, the small business owner is, in effect, paying an annual interest rate to retain the use of the discounted amount for the remainder of the credit period.
For example, assume that Jill anticipates she will receive invoices for $500 from the vendors offering cash discounts of 3/10, net 45.
a) how much will Jill save by paying within the discount period?
b) what will it cost Jill to retain the use of credit for 45 days?
c) what is the annual interest rate of the "loan" (ie. what is the annual rate of 3/10, net 45)?
Answers
Answer: a. $485
b. $15
c. 32.28%
Explanation:
a. how much will Jill save by paying within the discount period?
3% × $500 = 3/100 × $500 = 0.03 × $500 = $15
The amount saved will be:
= $500 - $15.
= $485
b) what will it cost Jill to retain the use of credit for 45 days?
This will be:
= 3% × $500
= 3/100 × $500
= 0.03 × $500
= $15
c) what is the annual interest rate of the "loan" (ie. what is the annual rate of 3/10, net 45)?
c) The annual interest will be calculated using:
= P x R x T
where,
I = interest = $15
P = principal = $485
R= rate of interest = Unknown
T= time factor = 15/365 = 0.0958
Then, annual Interest rate will be:
R = 15/ (485 x 0.0958)
R = 32.28%
Annual Interest rate is 32.28%
Distinguish between the sources of information about foreign employment and the ways of getting it.
Answers
Working for a company in another country is referred to as foreign employment, and you usually only work in one country. This wouldn't be your native country .
While the terms "foreign employment" and "international workforce" (people of a different nationality) are sometimes used interchangeably, the term really refers to a multinational corporation expanding outside of its home country and recruiting there.
Employers prefer foreign employment because they cannot find qualified local employees, necessitating the hiring of foreigners to do the job.
The following are some methods for obtaining information about foreign employment:
Newspapers, notice boards, electronic media (radio, FM, television, etc.), websites, and public programs
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A factory is considered what type of resource?
land
labor
physical capital
human capital
Answers
A factory falls under the category of physical capital, representing tangible assets and infrastructure utilized in the production process. Option C.
Physical capital refers to the tangible assets that are used in the production process to create goods or services. These assets include machinery, equipment, buildings, vehicles, and infrastructure. They are essential resources that contribute to the production capacity and efficiency of a business or organization.
A factory is a prime example of physical capital as it represents a dedicated space or facility equipped with machinery, tools, and equipment designed for manufacturing or production activities. It provides the necessary infrastructure and resources for transforming raw materials into finished products.
Factories typically house specialized equipment and machinery specific to the industry or production process they serve. This physical capital enables businesses to carry out mass production, streamline operations, and achieve economies of scale.
Physical capital is an important factor of production alongside other resources such as land, labor, and human capital. It plays a crucial role in enhancing productivity, output, and overall economic growth.
Effective management and investment in physical capital can lead to improved efficiency, cost reduction, and technological advancements in production processes.
In summary, a factory is categorized as physical capital, representing the tangible assets and infrastructure used in the production process. So Option C is correct.
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a consultant with a background in behavioral sciences who works as a catalyst in helping organizations deal with old problems in new ways is called a(n) .
Answers
A consultant with a foundation in social sciences who functions as an impetus in assisting associations with managing old issues in new ways is called Change Agent.
A change agent is an expert with a foundation in social sciences who can be an impetus in assisting associations with managing old issues in new ways. Change specialists will be experts who are gifted at directing people, gatherings, or whole organizations through massive changes in processes, authority, culture, or systems.
A change agent should have superb relational correspondence capacities, including undivided attention and critical thinking. They ought to likewise have major areas of strength for of conduct sciences, like brain research and social science, and we know all about the organization's way of life, tasks, and goals.
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This question is not complete, Here I am attaching the complete question:
A consultant with a background in behavioral sciences who works as a catalyst in helping organizations deal with old problems in new ways is called a(n) ______.
(A) Change Agent
(B) influencing others
(C) management process
which of the following is not a tool of monetary policy? group of answer choices open market operations reserve requirements changing the discount rate increasing the government budget deficit
Answers
The following is not a tool of monetary policy open market operations.
Does monetary policy use the discount rate as a tool?The Fed's board of governors determines the discount rate, which is a tool for monetary policy that can be changed upward or downward. The Fed's role as a lender of last resort includes lending at the discount rate, which is one of its main instruments for implementing monetary policy.
Which of the following is not a monetary policy tool, according to the quiz?the tax rate for businesses. Congress, not the Fed, decides the corporate tax rate. It is not a tool for monetary policy as a result.
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What is a mutual fund
Answers
Answer: A mutal fund is a professionally managed investment fund that pools money from many investors to purchase securities. the term is typically used in the United States, Canada, and India while simular structures across the globe include the SICAV in Europe and open-ended investment company in the UK.
Explanation:
What is the future value of $1000 after 5 years at 8% per year?
Answers
The future value of $1000 after 5 years at an annual interest rate of 8% can be calculated using the formula for future value of a lump sum:FV = PV x (1 + r)^n
where FV is the future value, PV is the present value, r is the annual interest rate, and n is the number of years.Plugging in the given values, we get:FV = $1000 x (1 + 0.08)^5
FV = $1000 x 1.46933
FV = $1,469.33 Therefore, the future value of $1000 after 5 years at an annual interest rate of 8% is $1,469.33.
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Skin Care: Who created the makeup and skin care brand Glossier? The company recently became one the few women-founded private startups worth over $1 billion?
Answers
Glossier is a makeup and skincare brand that was created by Emily Weiss. Weiss was a former Vogue assistant who gained popularity for her beauty blog, Into the Gloss. She founded Glossier in 2014 with a mission to create a more inclusive beauty industry that focuses on enhancing natural beauty rather than concealing it.
Glossier has become a cult favorite among millennials due to its minimalistic approach to beauty and its social media presence. The brand's success can also be attributed to its direct-to-consumer model, which allows Glossier to offer affordable prices and build strong relationships with its customers.
In 2019, Glossier became one of the few women-founded private startups worth over $1 billion. This achievement has made Weiss a role model for women entrepreneurs and has highlighted the importance of diversity in the startup industry.
Overall, Glossier's success can be attributed to Weiss's vision and her ability to tap into the needs of a younger generation that values authenticity, inclusivity, and simplicity in their skincare and beauty routines.
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PLZ HELP: FIND THE PROFIT
Fixed costs are £26,000 per year, and variable costs include wages at £10 per
unit, raw materials at £12 per unit and delivery/packaging at £3 per unit. It is expected that a business will make and sell 750 units during the year, with
a selling price of £26.
Answers
Answer:
Net loss -£25,250
Explanation:
The computation of the profit is shown below:
Sales (750 units × £26) £19,500
Less: Variable cost (750 units × £25) £18,750
Contribution margin £750
Less: Fixed cost £26,000
Net loss -£25,250
The £25 could be calculated below:
= £10 + £12 + £3
= £25
Basically applied the above format
I am MrBeast and if you can guess what number I am thinking of between 1 and 100 I will give $10,000. Comment or answer.
Answers
Answer:
58
ohhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh
it's fake
This is fake!!! It's not even the real MrBeast!!
purchased grooming equipment for $12,700
Answers
Answer:
who spends that much-
Explanation:
okay good job on the server Andrew and it they said
Donald is a business development executive in a big retail company based in Omaha. His company now wants to expand and has sent Donald as their representative. Donald is also authorized to deal and negotiate with different vendors directly and in his own capacity. What role is Donaldplaying as per the contract law?
Answers
Answer:
C. Agent
Explanation:
Agent Law- the agent deals with third parties on behalf of the company in a contract and the company defines the control an agent can exert