The payback period for this Rico Petricelli Industries' investment is 6 years.
Data and Calculations:
Cost of investment in plant assets =$960,000
Estimated useful life = 10 years
Estimated salvage value = $0
Annual depreciation = $96,000 ($960,000/10)
Annual net income = $64,000
Annual cash net inflow = $160,000 ($64,000 + $96,000)
Payback period = 6 years ($960,000/$160,000)
Thus, to compute the payback period as 6 years, add the annual depreciation to the annual net income to obtain the annual cash net inflow. Then divide the cash outlay ($960,000) by the product above.
Learn more: https://brainly.com/question/17109529
Why should a global marketing manager consult local attorneys in other countries before creating a marketing campaign abroad?
which of the following are found on the balance sheet? (select all that apply.) multiple select question. a. unearned revenue b. dividends c. supplies expense d. accrued expenses payable d.supplies
There are the found on the balance sheet is supplies expense, accrued expenses payable, and the supplies. Thus, option (c), (d), and (e) is correct.
What is a balance sheet?
The term balance sheet refers to the balance of the debit and the credit balance. There was to include the assets, liabilities, and the equity was the mainly three are the included.
According to the balance sheet was the balance the amount of the debit and the credit. It was the balance sheet is supplies expense, supplies, and the accrued expenses payable. The division on the different category.
As a result, the significance of the balance sheet are the aforementioned. Therefore, option (c), (d), and (e) is correct.
Learn more about on balance sheet, here:
https://brainly.com/question/26323001
#SPJ1
You can earn 3% interest on a CD and 1.25% interest on a savings account.
How much more interest will the CD earn for one year if you make a deposit of
$1,650?
Financial Lit, please help!!
Answer:
The CD will earn $49.50 more interest than the savings account for one year if you make a deposit of $1,650.
Double declining balance
The double-declining balance method is an effective way to depreciate assets in the early years of their useful life and reduce the balance of the asset more quickly than the straight-line method. This helps companies to account for the asset's cost more accurately over time and to recognize its diminishing value as it ages.
Double-declining balance method is a method of depreciation that is an accelerated method.
The depreciation rate is twice as much as the straight-line method's depreciation rate.
This method begins with an asset's value at the beginning of its use and then decreases at a constant rate throughout its useful life until it reaches the asset's salvage value.
This depreciation method is most commonly used for assets that depreciate quickly at the beginning of their useful life and then slowly depreciate over time until they are scrapped or sold.
Assets such as computers, vehicles, and machinery are common examples of assets that use this method of depreciation.
Double-declining balance method can be calculated using the following formula:Annual depreciation = (2 / useful life in years) * book value at the beginning of the yearOrDepreciation rate = 2 / useful life in years.
For more such questions on depreciate
https://brainly.com/question/29894489
#SPJ8
Estela Company produces skateboards and scooters. Their pet unit selling prices and variable costs follow. Skateboards require 2 machine hours per unit. Scooters require 3 machine hours per unit.
The company produces skateboards and scooters.
Contribution Margin per Unit $80 (Skateboard) $90 (Scooters)
Contribution Margin per Machine Hour $40 (Skateboard) $30 (Scooters)
Calculation of Estela Company:
Contribution Margin per Unit = Sales - Variable cost
Skateboard Scooters
(a) Contribution Margin per Unit $80 $90
= $200-$120 = $400 - $310
Contribution Margin per Machine Hour = Contribution Margin per Unit / Machine Hour per unit
Skateboard Scooters
(b) Contribution Margin per Machine Hour $40 $30
=$80/2 machine hour $90/3 machine hour
As a result, the significance of the company produces skateboards and scooters are the aforementioned.
Learn more about on skateboards, here:
https://brainly.com/question/30286828
#SPJ1
I'LL MARK BRAINLIEST
Which of the following describes the impact a few years of heavy rainfall would have on commodity prices?
- Crops would enjoy a longer planting season, and commodity prices would go down. - - Planting would be delayed, resulting in crop shortages, and commodity prices would rise.
- Crops would increase due to additional rainfall, and commodity prices would go down. - Planting would be delayed, limiting farmers’ risks, and commodity prices would rise.
Answer:
Crops would enjoy a longer planting season, and commodity prices would go down
Explanation:
Answer:
c
Explanation:
opportunities and threat in safaricom
Answer:
what do you mean
Explanation:
Windborn Company has 15,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $30 par common stock.
The following amounts were distributed as dividends:
20Y1 $30,000
20Y2 12,000
20Y3 45,000
Common Stock
(dividends per share)
I cannot figure out Y1 or Y3
The dividends per share for the common stock in year 1 (Y1) is $0.60 per share, and in year 3 (Y3) is $0.90 per share.
To calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3), we need to determine the total dividends distributed and divide them by the number of common shares outstanding.
Given information:
Cumulative preferred stock: 15,000 shares, 1% dividend
Common stock: 50,000 shares, $30 par value
Dividends distributed:
Y1: $30,000
Y2: $12,000
Y3: $45,000
First, let's calculate the dividends per share for the cumulative preferred stock in each year.
Dividends per share for cumulative preferred stock = (Par value * Dividend rate) / Number of preferred shares
Dividends per share for cumulative preferred stock = ($100 * 1%) / 15,000 shares
Dividends per share for cumulative preferred stock = $1 / 15,000
Dividends per share for cumulative preferred stock = $0.000067 per share
Now, let's calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3).
For Y1:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $30,000 - ($0.000067 * 15,000)
Total dividends for common stock = $30,000 - $1.005
Total dividends for common stock = $29,998.995
Dividends per share for common stock in Y1 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y1 = $29,998.995 / 50,000 shares
Dividends per share for common stock in Y1 = $0.5999799 per share (rounded to $0.60 per share)
For Y3:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $45,000 - ($0.000067 * 15,000)
Total dividends for common stock = $45,000 - $1.005
Total dividends for common stock = $44,998.995
Dividends per share for common stock in Y3 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y3 = $44,998.995 / 50,000 shares
Dividends per share for common stock in Y3 = $0.8999799 per share (rounded to $0.90 per share)
For such more question on dividends:
https://brainly.com/question/30360786
#SPJ8
On July 1, 2020, Major Ltd. pays £15,120 to Orlow Insurance for a 3-year insurance contract. Both companies have fiscal years ending December 31. For Major Ltd. journalize and post the entry on July 1 and the annual adjusting entry on December 31.
Since the payment was made six months prior to December 31, 2020, one sixth of the insurance has expired. The insurance expense that has expired is recorded as Insurance Expense in the adjusting entry, and it is deducted in the amount of £1,260 (15,120/3*1/2).
What is Insurance?Insurance is a contract between a person or organization and an insurance company in which the person or organization pays a premium in exchange for financial protection against certain kinds of events. These occurrences may include property damage, illness or injury, death, or liability for other people's harm.
The premium that an individual or organization must pay in order to receive coverage is determined after the insurance company evaluates the risks associated with the kind of event being insured. The insurance company will compensate the insured person or organization up to the policy's limit if the event results in a financial loss.
To know more about Insurance, visit:
https://brainly.com/question/30439416
#SPJ1
Using the graphing function on your calculator, find the solution to the system
of equations shown below.
OA. More than 1 solution
B. x = 12, y = 3
OC. x = -8, y = 2
O D. No solution
3y-12x = 18
2y-8x = 12
There is no solution of these two equations. Option D.
To solve this system of equations graphically, we need to plot the two lines represented by each equation on the same coordinate plane and find the point where they intersect.
To graph these lines, we can first write each equation in slope-intercept form (y = mx + b) by solving for y:
3y - 12x = 18 --> 3y = 12x + 18 --> y = 4x + 6
2y - 8x = 12 --> 2y = 8x + 12 --> y = 4x + 6
We can see that both equations have the same slope of 4 and y-intercept of 6, which means that they are parallel lines and do not intersect.
Therefore, there is no solution to this system of equations.the two lines are parallel and do not intersect at any point, which confirms that there is no solution to this system of equations.Therefore, the answer is (D) No solution.
For more such questions on equations visit:
https://brainly.com/question/23849441
#SPJ11
Note: It is a mathematics question.
What are good ways to find a buyer's agent?
c. Jessica Tate borrows $2,000 at a 10 percent add-on rate for two years. What is the finance charge?
Answer:
$400.
Explanation:
The simple interest is given by the formula below;
\(I = PRT\)
Where;
I = Interest or Finance charge.
P = Principal
.
R = Rate.
T = Time (in years).
Given the following parameters;
I =?,
P = $2,000
R = 10% = 0.1
T = 2 years
Substituting into the formula, we have;
I = 2000 * 0.1 * 2
I = $400.
Hence, the finance charge is $400.
Hi, please see problem, thanks.
The ending cash balance for PTO Company on September 30 is expected to be $57,750.
How the calculate the amountHere's the September cash budget for PTO Company:
Beginning cash balance, September 1: $40,000
Budgeted cash receipts from September sales: $255,000
Total cash available: $295,000
Cash payments:
Direct materials purchased in August (actual): $80,000 x 65% = $52,000
Direct materials purchased in September (budgeted): $110,000 x 65% = $71,500
Direct materials payments in September: $80,000 x 35% + $110,000 x 65% = $89,750
Direct labor payments in September: $40,000
Depreciation expense in September: $4,000
Dividend payments in September: $20,000
Income tax payments in September: $10,000
Loan interest payments in September: $1,000
Total cash payments: $237,250
Ending cash balance, September 30: $295,000 - $237,250 = $57,750
Therefore, the ending cash balance for PTO Company on September 30 is expected to be $57,750.
Learn more about budget on;
https://brainly.com/question/6663636
#SPJ1
Imagine you are in charge of an organisational risk management strategy across three distinct departments of the organisation. The organisation envisions risk as, ‘potential vulnerabilities present across our security landscape leads to exposure which enables a cyber incident against the infrastructure, capability, services and applications, which leads to an impact upon Confidentiality, Integrity and/or Availability resulting in reduced resilience, reduced safety, ineffective capabilities, loss of business services, financial impact and reputational damage to UK Government’.
The risk applies to three main business domains:
1. IT & Infrastructure
2. Equipment
3. Logistics & Support services
Each business domain is managed by a separate Director, but collectively they (all three) own the risk. There is a separate Director who is accountable for the risk, and they report the status to the Executive Board throughout the year.
Given the complexity of the risk and its significant breadth and depth it’s difficult to establish a baseline level of risk exposure – a pre-mitigation level, which represents the whole business (all three domains). Defining the Risk Appetite (RA) is also challenging given the differences across the domains, the views from each Director, the level of resources available etc.
Considering all of the above, answer the following questions,
1. How would a baseline risk level be established? How ISMS and FAIR can be applicable to organisation.
2. What approach could be taken to define a risk assessment and can a single approach work or it will be more appropriate to individually assess for each domain? Along with risk analysis and treatment strategies.
3. How would the effectiveness of controls (risk response) be measured? What can be risk quantification measures and metrics? How to monitor ongoing (residual) risk?
You are expected to use risk assessment methodologies as covered in this module with critical reflection on your choice of risk methodology, and its strengths and limitations.
You have the freedom to select the risk assessment approach.
Answer:
1. Establishing a baseline risk level involves conducting a risk assessment to identify the potential vulnerabilities, exposures, and impacts within the organisation. This can be done using a risk assessment methodology such as the ISO 27001 Information Security Management System (ISMS) or the Factor Analysis of Information Risk (FAIR). The ISMS provides a framework for managing and protecting sensitive information, while FAIR is a quantitative approach for analyzing and comparing risks. Both of these methods can be applied to the organisation to identify the baseline level of risk exposure.
2. To define a risk assessment and determine the appropriate approach, it is important to consider the specific characteristics of each business domain. A single approach may not be suitable for all three domains, as they may have different levels of risk and require different risk assessment methods. It may be necessary to individually assess each domain and develop a tailored risk assessment and treatment strategy for each. This can be done using a combination of qualitative and quantitative risk assessment methods, such as scenario analysis and Monte Carlo simulations.
3. The effectiveness of controls (risk response) can be measured by comparing the actual results of the risk treatment measures to the expected outcomes. This can be done using metrics such as the cost-benefit ratio, the likelihood of occurrence, and the impact on the organisation's objectives. Risk quantification measures and metrics can also be used to assess the ongoing (residual) risk and monitor it over time. These may include measures such as the annual loss expectancy and the expected loss value.
pls award brainliest!
Explanation:
Cost and service trade off
1.Explain cost and service trade off in distribution.
According to the video, what are some things that Human Resources Managers do? Check all that apply.
oversee hiring and firing
purchase computers
distribute office supplies
develop training programs
develop personnel policies
develop pricing strategies
develop recruiting programs
Answer:
1 4 5 7
Explaination:
Answer:
1 4 5 7
Explanation:
If the amount of gasoline purchased per car at a large service station has a population of $15 and a population standard deviation of$4 then 99.73% of all cars will purchase between $3 and $27
The range between $3 and $27 is three standard deviations away from the mean.
Since we know that 99.73% of the data falls within three standard deviations of the mean, we can estimate that 99.73% of all cars will purchase gasoline between $3 and $27.
According to the given information, the population mean is $15, and the population standard deviation is $4.
This means that 99.73% of all cars will purchase gasoline within three standard deviations of the mean, using the empirical rule.
Therefore, we can use the empirical rule to estimate the percentage of cars that will purchase gasoline between $3 and $27.
The empirical rule is also known as the 68-95-99.7 rule, which states that:Approximately 68% of the data falls within one standard deviation of the meanApproximately 95% of the data falls within two standard deviations of the meanApproximately 99.7% of the data falls within three standard deviations of the mean.
To find the number of standard deviations that correspond to $3 and $27, we need to calculate the z-scores.
The z-score formula is given as:z = (x - μ) / σwhere z is the standard score, x is the value of the variable, μ is the population mean, and σ is the population standard deviation.
To find the z-score for $3, we plug in the values:z = (3 - 15) / 4z = -3To find the z-score for $27, we plug in the values:z = (27 - 15) / 4z = 3.
For more such questions on standard deviation
https://brainly.com/question/29435572
#SPJ8
2) A soft drinks manufacturer sells each can for 50p. The variable costs per can are 10p. Fixed costs per year are £4 million. How much profit will be made if the business sells 15 million cans?
A- £2 million
B- £3 million
C- £6 million
D- £3.5 million
Answer:
Profit on 15,000,000 cans = £2 million
Explanation:
Given:
Sales price per can = £0.5
Variable cost per can = £0.1
Fixed costs per year = £4,000,000
Find:
Profit on 15,000,000 cans
Computation:
Profit on 15,000,000 cans = (Sales price per can)(15,000,000) - Fixed costs per year - (Variable cost per can)(15,000,000)
Profit on 15,000,000 cans = (£0.50)(15,000,000) - £4,000,000 - (£0.10)(15,000,000)
Profit on 15,000,000 cans = £7,500,000 - £4,000,000 - £1,500,000)
Profit on 15,000,000 cans = £2,000,000
Profit on 15,000,000 cans = £2 million
wHAT are 2 reports that can be filtered by customer type
Answer:
Sales Report / Customer Satisfaction Survey
Explanation:
Two reports that can be filtered by customer type are:
Sales Report by Customer Type: This report provides an overview of sales data categorized by different customer types. By applying a filter based on customer type, such as retail customers, wholesale customers, or corporate clients, the report can generate specific insights into sales performance for each customer segment.
Customer Satisfaction Survey Report by Customer Type: This report compiles feedback from customer satisfaction surveys and analyzes the responses based on customer types. By filtering the report by customer type, businesses can identify variations in satisfaction levels among different customer segments. This information can help tailor customer service strategies and address specific needs and preferences of each customer type effectively.
Adieu Company reported the following current assets and liabilities for December 31 for two recent years:
Dec. 31, Current Year Dec. 31, Previous Year
Cash $1,000 $1,140
Temporary investments 1,200 1,400
Accounts receivable 800 910
Inventory 2,200 2,300
Accounts payable 1,875 2,300
Required:
a. Compute the quick ratio on December 31 of both years.
b. Is the quick ratio improving or declining?
Answer:
a. Current year = 1.6
Previous year = 1.5
b. Improving
Explanation:
a. The computation of quick ratio is shown below:-
For Current year
Quick ratio = Quick assets ÷ Current liabilities
= ($1,000 + $1,200 + $800) ÷ $1,875
= $3,000 ÷ $1,875
= 1.6
For Previous year
Quick ratio = Quick assets ÷ Current liabilities
= ($1,140 + $1,400 + $910) ÷ $2,300
= $3,450 ÷ $2,300
= 1.5
b. according to the above computation, the quick ratio is improving.
As a leader, which of the following will NOT effectively influence the growth and performance of your direct reports?
Lack of managerial trust is the main barrier to the development of effective organisations.
What impact do leaders have on a company's performance?Leaders may support the success of their teams and the upholding of corporate values by offering chances for learning and development, goal-setting, and recognition. Employees can reach new heights with the aid of frequent one-on-one sessions and two-way feedback. Regular, transparent communication about their job increases the trust that employees have in their leader.
What factors have an impact on a company's performance?How successfully the organisation performs is influenced by a variety of factors, including human resource planning, recruiting procedures, employee training, and career management. Technology, organisational norms, material purchases, and inflation are other factors that have indirect effects on organisational effectiveness.
To know more about organisations visit:
https://brainly.com/question/4891892
#SPJ1
As a leader, which of the following will NOT effectively influence the growth and performance of your direct reports?
a- organisational intelligence
b- team promotion
c- trust building
d- Lack of managerial trust
Based on the statement, explain FIVE (5) reasons why customer relationship is important for business
success.
Answer:
is this your homework?? xD
Explanation:
anyway its because it helps businesses build a relationship with their customers that, in turn, creates loyalty and customer retention. Since customer loyalty and revenue are both qualities that affect a company's revenue, CRM is a management strategy that results in increased profits for a business.
Economic decisions involve doing what with resources to produce goods and
services for people to consume?
A. Satisfying
B. Renewing
C. Marginalizing
D. Allocating
According to the video, this job is a good springboard for which field?
A. Operations Research Analysis
B. Accounting
C. Marketing or Sales
D. Middle Management
Answer:
its d not b
Explanation:
Answer: (D) Middle Management
Explanation: right on edge 2020
I have paid off my mortgage and will now be responsible to pay my insurance premium. Please send all invoices directly to me now. Also, I would like to split the payments into the smallest increments possible. Please let me know what my best option is for reducing my payment amount. What type of payment plan would be given to the customer?
The type of payment plan would be given to the customer is installment method where accounting is easier to record transaction.
To split payments there are various methods that are approached in the accounting process are very helpful but the most helpful method is the installment method which make both debtor and creditor in a profitable relationship.
Installment method helps to record transactions with ease and remember the payment amount with each approached premium to be paid in the form of cash or credit.
To learn more about installment method here,
https://brainly.com/question/15184506
#SPJ1
The following information about the weekly payroll was obtained from the records of Boltz Co.:
Salaries: Deductions:
Sales salaries $335,000 Income tax withheld $116,800
Warehouse salaries 186,000 U.S. savings bonds 14,630
Office salaries 144,000 Group insurance 11,970
$665,000
Tax rates assumed:
Social security 6% State unemployment (employer only) 5.4%
Medicare 1.5% Federal unemployment (employer only) 0.8%
Required:
1. Assuming that the payroll related to the first full week of the year and was paid on January 7, journalize the following entries:
a. January 7, to record the payroll.
b. January 7, to record the employer’s payroll taxes on the payroll for the first week of the year. Since it is a new fiscal year, all $665,000 in salaries is subject to unemployment compensation taxes.
2. Assuming that the payroll related to the last week of the year and was paid on December 31, journalize the following entries:
a. December 31, to record the payroll.
b. December 31, to record the employer’s payroll taxes on the payroll for the last week of the year. Of the total payroll for the last week of the year, $38,000 is subject to unemployment compensation taxes.
A journal entry is used to record a business transaction in the accounting records of a business. This is given below.
How to explain the journal entryJournal entries for the first full week of the year and paid on January 7:
a. To record the payroll:
Salaries Expense $665,000
Cash $534,600
U.S. Savings Bonds Payable $14,630
Group Insurance Payable $11,970
Income Tax Payable $116,800
Social Security Payable $39,900
Medicare Payable $9,975
b. To record employer's payroll taxes on the payroll for the first week of the year:
Payroll Tax Expense $53,564
Social Security Payable $39,900
Medicare Payable $9,975
Federal Unemployment Tax Payable $5,320
State Unemployment Tax Payable $8,369
Journal entries for the last week of the year and paid on December 31:
a. To record the payroll:
Salaries Expense $665,000
Cash $534,600
U.S. Savings Bonds Payable $14,630
Group Insurance Payable $11,970
Income Tax Payable $116,800
Social Security Payable $39,900
Medicare Payable $9,975
b. To record employer's payroll taxes on the payroll for the last week of the year:
Payroll Tax Expense $2,600
Federal Unemployment Tax Payable $304
State Unemployment Tax Payable $2,296
Learn more about journal entry on
https://brainly.com/question/28390337
#SPJ1
Slove 56 is 5 1/2% of what
For the mentioned problem, 56 is 5¹/₂ percent of 1018.08.
What is percent?In mathematics, percentage is said to be a number or ratio expressed as a fraction of 100. It is commonly represented by the percent sign '%', but abbreviations such as 'pct.', 'pct', and 'pc' may also be used. Percentages are dimensionless numbers as they have no units of measure.
Percent may be calculated by dividing the value by the total and multiplying the result by 100. The equation used to calculate the percentage is (value/total) * 100%.
For the given question:
5¹/₂% = 11/2%
11/2% of x = 56
(11/200) × x = 56
x = 56 × (200/11)
x = 1018.08
To know more about percentage, visit:
https://brainly.com/question/13450942
#SPJ1
Cindy's apartment complex is offering renters insurance through their insurance company. The insurance company charges an annual premium of $565.00 which can be paid in equal payments throughout the year with her monthly rent. Cindy's monthly rent is currently $789.00. What will Cindy's new rent be if she includes the renters insurance?
Answer:
$836.08 per month
Explanation:
In order to calculate Cindy's new monthly rent, we would simply need to divide the renter's insurance by 12 since there are 12 months in a year. and then add that product to her monthly rent like so...
565.00 / 12 = 47.08
789 + 47.08 = 836.08
Finally, we can see that Cindy's new rent after including the renters insurance would be $836.08 per month
Claudius took out an unsubsidized Stafford loan at the beginning of his six-year college career. The loan had a principal of $4,850, an interest rate of 6.5% compounded monthly, and a duration of ten years. If Claudius started paying off the loan when he graduated, what is his monthly payment? Round all dollar values to the nearest cent.
Claudius pays a monthly payment of $55.07 in total.
Computation:
Given,
Total principal= $4,850
Interest rate=6.5%
Since the interest is compounded monthly, the interest rate to be employed in the calculation will be the effective interest rate.
Effective Interest Rate = Interest Rate/12
=6.50%/12
= 0.54%
Time = 10 years, however the actual time it takes for interest to compound monthly is 120 years.
The PMT Excel Formula or an online financial calculator will be used to calculate the monthly payment, and the components will be referred to as follows:
I/Y=0.54%
N=120
PV=$4,850
FV =$0
The graphic that is linked below displays the computation.
Consequently, $55.02 is the monthly amount.
To know more about Monthly payment visit:
https://brainly.com/question/15129273
#SPJ1
Identify the environmental factor that is a characteristic of an an attractive environment.
There are five environmental factor for an attractive environment.
Few CompetitorsLow threatFew substitutesMany suppliersMany customers.Types of Environmental FactorsInternal environmental factors: In the internal business environment there are elements within an organization that influence the approach and success of commercial operations.External environmental factors: The external environment comprises a range of factors outside a commercial enterprise over which we do not have much control.For more information about environmental factors click on https://brainly.com/question/13310446
#SPJ2