Answer:
e. $1,054.41
Explanation:
Face Value = 1,000
N = 36 (18*2 = 36)
I/Y = 2.75% (5.5%/2 = 2.75)
Market Price = $29.90 * PVIFA(2.75%, 36) + $1,000 * PVIF(2.75%, 36)
Market Price = $29.90 * (1 - (1/1.0275)^36) / 0.0275 + $1,000 / 1.0275^36
Market Price = $29.90 * 22.66992 + $1,000 * 0.37658
Market Price = $1,054.41
What effect does international trade have on the number of jobs in a country?
International trade reduces the number of jobs in the country
None; the number of jobs is determined by macroeconomic factors
International trade increases the number of jobs in the country
International trade increases the unemployment rate
The effect that the international trade have on the number of jobs in a country is that International trade increases the number of jobs in the country.
What was the effect of international trade on the number of jobs in a country?It should be noted that when the international trade increases, it contributes to a shift in jobs away from industries where that economy does not have a comparative advantage then move to theindustries where it does have a comparative advantage.
It should be noted that trade barriers bring about the price of goods in protected industries however the products are inputs in other industries, where it brings about theincrease in their production costs and then prices, so sales fall in those other industrie henceLower sales lead to lower employment.
Therefore, option C is correct, hence International trade increases the number of jobs in the country.
Learn more about trade at:
https://brainly.com/question/17727564
#SPJ1
Epsilon Co. can produce a unit of product for the following costs: Direct material $ 7.80 Direct labor 23.80 Overhead 39.00 Total product costs per unit $ 70.60 An outside supplier offers to provide Epsilon with all the units it needs at $59.00 per unit. If Epsilon buys from the supplier, the company will still incur 40% of its overhead. Epsilon should choose to:
Answer and Explanation:
The computation is shown below:
The relevant cost is
= Direct material + direct labor + avoidable overhead cost
= $7.80 + $23.80 + ($39 × (1 - 0.40))
= $7.80 + $23.80 + $23.40
= $55 per unit
And, the cost of buying the product is $59 per unit
So here the epsilon should choose to make the product as it less than the buying cost
The same is to be considered
On December 31, 2021, Coolwear Inc. had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $44,000 and $1,300, respectively. During 2022, Coolwear wrote off $775 in accounts receivable and determined that there should be an allowance for uncollectible accounts of $4,100 at December 31, 2022. Bad debt expense for 2022 would be:
Answer: $3,575
Explanation:
Opening balance for Allowance for Noncollectable Accounts for 2022 is closing balance for 2021 = $1,300.
Cool wear wrote off $775 during the year which would come out of the allowance;
= 1,300 - 775
= $525
An allowance of $4,100 was determined for the year which means that the Bad debt expense is the difference between the determined allowance and the current balance because this is the amount that the account had to be increased by to cater for the bad debt expense.
= 4,100 - 525
= $3,575
If the sales tax rate is 7.25% in New York State, then how much sales tax would you pay in Albany for a $34 pair of pants?
Answer:
2.51
Explanation: youre welcome
Two key aspects of financial planning are cash planning and profit planning. Cash planning involves the preparation of the cash budget and profit planning involves preparation of pro forma statements. To make cash budget and pro forma statements for a firm, accounting knowledge is needed. Do accounting courses you took before help you better understand how to make cash budget and pro forma income statement and balance sheet? Explain.
Yes. Accounting courses I took before helps us understand how to make cash budget and pro forma income statement and balance sheet.
Here's how accounting courses can help individuals in creating cash budgets, pro forma income statements, and balance sheets:
Cash Budget: Accounting courses teach students about the importance of cash flow management and how to prepare a cash budget. Pro Forma Income Statement: Accounting courses teach students how to analyze historical financial data and use it to forecast future performance. Balance Sheet: Accounting courses provide a comprehensive understanding of balance sheets and their components. Students learn how to analyze assets, liabilities, and shareholders' equity to assess the financial position of a company.By studying accounting, individuals gain a solid foundation in financial concepts, reporting standards, and analytical techniques. This knowledge equips them with the skills necessary to create cash budgets, pro forma income statements, and balance sheets effectively.
For such more question on cash budget:
https://brainly.com/question/28494878
#SPJ8
Which situation is an example of indirect taxation?
OA. Stores charge sales tax on each purchase and give that money to
the government.
OB. Homeowners must pay a percentage of their home's worth to the
government.
OC. Businesses must send a portion of their income each year to the
government.
OD. Every citizen sends the government money to support the armed
forces.
SUBMIT
Option A is the correct answer. Indirect taxation is the situation where taxes are imposed on products or services and not directly on individuals. Therefore, the example of indirect taxation in the situation given is when stores charge sales tax on each purchase and give that money to the government.
Stores charge sales tax on each purchase and give that money to the government is an example of indirect taxation.Indirect taxation is a method of taxation in which individuals are not taxed directly, but instead, the tax is paid through an intermediary.
The tax is generally imposed on products or services. This tax, which is passed on to the customer as part of the price of the good or service, is then collected by the seller and forwarded to the government.
Sales tax, excise tax, and customs duty are all examples of indirect taxes.
Therefore, Option A is the correct answer.
For more question on taxes
https://brainly.com/question/28798067
#SPJ8
What are some of the reasons businesses fail?
Answer:
The most common reasons businesses fail include a lack of capital or funding, retaining an inadequate management team, a faulty infrastructure or business model, and unsuccessful marketing initiatives.
Some of the reasons businesses fail are lack of knowledge, lack of planning, lack of management of resources effectively.
What is business?An economic activity that involves the exchange of goods and services with the help of buying and selling with the objective to gain some profit is called Business.
A business can possibly fail when there is no planning of things like what to do and how to do it. For a business, to be effective, there should be a plan or roadmap which needs to be followed step by step in order to succeed.
A business will fail when it is unable to manage the capital as well as the workforce effectively and make optimum utilization of it in order to produce and achieve productivity in abundance.
When a business does not have expertise or knowledge about the field as well as current market trends and competitors it will go to fail as it is unable to cope with the trend
Learn more about the Business plan, here:
https://brainly.com/question/15826604
#SPJ2
Why should a global marketing manager consult local attorneys in other countries before creating a marketing campaign abroad?
each time mayberry nursery hires a new employee, it must wait for some period of time before the employee can meet production standard. Management is unsure of the learning curve in its operations but it knows the first job by a new employees averages 40 hours and the second job averages 32 hours. assume all jobs to be equal in size. what is the learning curve percentage, assuming the incremental unit time learning model
Answer:
Learning percentage = 1.6%
Explanation:
Given - Each time may berry nursery hires a new employee, it must wait for some period of time before the employee can meet production standard. Management is unsure of the learning curve in its operations but it knows the first job by a new employees averages 40 hours and the second job averages 32 hours. assume all jobs to be equal in size.
To find - What is the learning curve percentage, assuming the incremental unit time learning model.
Proof -
First job = 40 hours
Second job = 32 hours
Now,
Job Job hours Cumm. of hours Incremental av. hours
1 40 40 40
2 32 72 64
Learning percentage = \(\frac{64}{40}\) = 1.6%
Which of the following is an example of a private good? (1 point)
positions in a free online game limited to 100 people
O an internet connection from a local cable company
O a public website
Oa personal computer used to access the internet
A good example of a private good is D. a personal computer used to access the internet.
A private good belongs to the individual or group who purchases or produces it for its personal consumption. The individual or group enjoys exclusive ownership of the private good. The consumption of the private good is highly restricted. The major characteristics of a private good are excludability, rivalry, and rejectability.
A private good can be differentiated from a public good. A public good is provided for the common use of the members of a society. A public good does not deplete by usage, and equal access is granted to all. Its major characteristics are nonexcludability and nonrivalry.
Thus, a personal computer is an example of a private good, while a public website is an example of a public good.
Read more about a private good at https://brainly.com/question/24109991
Answer:
D
Explanation:
It is proper to recognize revenue prior to the sale of merchandise when
I. The revenue will be reported as an installment sale.
II. The revenue will be reported under the cost-recovery method.
O I only.
O II only.
O Both I and II.
O Neither I nor II.
Option d. Neither I nor II. It is proper to recognize revenue prior to the sale of merchandise when the ultimate sale of the goods is at an assured sale price.
Revenue recognition is an accounting principle that describes the specific conditions under which revenue is recognized. In theory, there are many potential points at which revenue can be realized.
According to IFRS standards, the following conditions must be met for revenue recognition:
-The risks and rewards of ownership pass from the seller to the buyer.
-The seller loses control of the goods sold.
-Collection of payment for goods or services is reasonably assured. Income can be properly measured.
-The cost of revenue can be properly measured.
To learn more about revenue recognition, here:
https://brainly.com/question/14244666
#SPJ4
Hale’s TV Productions is considering producing a pilot for a comedy series in the hope of selling it to a major television network. The network may decide to reject the series, but it may also decide to purchase the rights to the series for either one or two years. At this point in time, Hale may either produce the pilot and wait for the network’s decision or transfer the rights for the pilot and series to a competitor for $100,000. Hale’s decision alternatives and profits (in thousands of dollars) are as follows:
State of Nature
Decision Alternative
Reject, s1
1 Year, s2
2 Years, s3
Produce pilot, d1
-100
50
150
Sell to competitor, d2
100
100
100
The probabilities for the states of nature are P(s1) = 0.20, P(s2) = 0.30, and P(s3) = 0.50. For a consulting fee of $5000, an agency will review the plans for the comedy series and indicate the overall chances of a favorable network reaction to the series. Assume that the agency review will result in a favorable (F) or an unfavorable (U) review and that the following probabilities are relevant:
P(F) = 0.69
P(s1 | F) = 0.09
P(s1 | U) = 0.45
P(U) = 0.31
P(s2 | F) = 0.26
P(s2 | U) = 0.39
P(s3 | F) = 0.65
P(s3 | U) = 0.16
Construct a decision tree for this problem.
What is the recommended decision if the agency opinion is not used? What is the expected value?
Answer:
To construct the decision tree, we can follow these steps:
1. Start with the initial decision nodes representing the two decision alternatives: "Produce pilot" (d1) and "Sell to competitor" (d2).
2. Assign the payoffs for each decision alternative under each state of nature.
3. Add chance nodes for each state of nature and connect them to the corresponding decision alternatives.
4. Assign the probabilities of each state of nature at the chance nodes.
5. Calculate the expected payoffs at each chance node by multiplying the payoffs with their respective probabilities and summing them up.
6. Determine the optimal decision by comparing the expected payoffs at the initial decision nodes.
Here is the decision tree for this problem:
| Produce pilot (d1)
| -100
|____________
/|\
/ | \
/ | \
/ | \
P(F) = 0.69 / | \ P(U) = 0.31
/ | \
/ | \
/ | \
/ | \
s1 / | \ s2
/ | \
/ | \
/ | \
/ | \
/ | \
50 | F U F | 100
| |
| |
| |
| s3 | s3
| |
150| F | 100
|_______________________________|
If the agency opinion is not used, the recommended decision would be to produce the pilot (d1) since it has a higher expected value compared to selling to the competitor (d2).
To calculate the expected value:
Expected value (d1) = (-100 * P(s1 | F) * P(F)) + (50 * P(s2 | F) * P(F)) + (150 * P(s3 | F) * P(F))
= (-100 * 0.09 * 0.69) + (50 * 0.26 * 0.69) + (150 * 0.65 * 0.69)
= -6.93 + 8.97 + 66.88
= 68.92
Expected value (d2) = (100 * P(s1 | U) * P(U)) + (100 * P(s2 | U) * P(U)) + (100 * P(s3 | U) * P(U))
= (100 * 0.45 * 0.31) + (100 * 0.39 * 0.31) + (100 * 0.16 * 0.31)
= 13.95 + 12.09 + 4.96
= 30
Comparing the expected values, the recommended decision is to produce the pilot (d1) with an expected value of 68.92.
Cool Wave Skateboards has 18 different skateboard models that can be created
in over 2 million combinations. Each combination is designed to fit the needs of a
specific customer. Therefore, the customer chooses the model, size, color, and
design they want. An analysis of this company's operation would indicate that it
uses
Cool Wave Skateboards has 18 different skateboard models that can be created in over 2 million combinations. An analysis of this company's operation would indicate that it uses mass customization.
What is mass customization.?Generally, A client may create some made-to-order elements of a product via mass customization, which keeps prices closer to those of mass-produced items while still allowing the customer to design the product.
Modularity is a feature that may be found in some of the product's constituent parts. Because of this versatility, the customer may construct a semi-customized end product by picking and choosing from the available possibilities.
In conclusion, There are 18 distinct skateboard models available from Cool Wave Skateboards, each of which may be customized in more than 2 million different ways.
An examination of how this firm operates reveals that it makes advantage of mass customization. [Case in point:]
Read more about mass customization.
https://brainly.com/question/28994279
#SPJ1
CQ
Spokes Bikes has 18 different bicycle models that can be created in over 2 million combinations. Each combination is designed to fit the needs of a specific customer. Therefore, the customer chooses the model, size, color, and design they want. An analysis of this company's operation would indicate that it uses
-lean manufacturing.
-flexible production.
-mass customization.
-continuous production.
On July 1, 2020, Splish Brothers Inc. pays $24,900 to Kalter Insurance Co. for a 3-year insurance contract. Both companies have fiscal years ending December 31. For Splish Brothers Inc., journalize and post the entry on July 1 and the annual adjusting entry on December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)
Answer and Explanation:
The journal entries are shown below:
On July 1
Prepaid Insurance $24,900
To Cash $24,900
(being the prepaid insurance is recorded)
Here prepaid insurance is debited as it increased the assets and cash is credited as it decreased the assets
On Dec 31
Insurance expense $4,150 ($24,900 ×6 ÷ 36)
To Prepaid Insurance $4,150
(being insurance expense is recorded)
The insurance expense is debited as it increased the expenses and credited the prepaid insurance as it decreased the assets
100 POINTS PLEASE HELP Supply curves shift to the left when a product is more expensive to create. All of the following are examples of scenarios that would cause this EXCEPT:
A. higher materials cost
B. higher minimum wage for employees
C. higher demand from customers
Answer:C
Explanation:
n choosing a career, your personal resources are defined as _____. a. the amount of money you require to accept the job when first hired b. who you are and what you have to offer an employer c. your career decisions and goals d. whether or not you have transportation to and from work Please select the best answer from the choices provided A B C D
Choosing a career, your personal resources are defined as who you are and what you have to offer an employer.
How a person get a job a make their career?A person makes their career in the field of their expertise or the subject they have studies about before. The person has some sort of skills that they develop at the time of studies that helped the person to get a job or choose career.
Thus, option B is correct.
For further details about person get a job a make their career, click here:
https://brainly.com/question/1615416
#SPJ1
Answer:
Choosing a career, your personal resources are defined as who you are and what you have to offer an employer.
How a person get a job a make their career?
A person makes their career in the field of their expertise or the subject they have studies about before. The person has some sort of skills that they develop at the time of studies that helped the person to get a job or choose career.
Thus, option B is correct.
Of course, these engineering controls will cost $33,000 dollars. This is compared to a continuing hearing conservation program to include annual audiograms, or hearing tests, annual training, and providing noise protection for the welding department which is estimated to cost $9,000 per year. This amount would be saved each year if the engineering controls are installed. If the company takes out a loan for $33,000 at 5% interest, what will the payback period be for the loan? Please consult your unit lesson for the necessary formulas. What would be your recommendation to the employer with respect to the options available? Please show your work. Make sure you justify your reasoning and that you consider the hierarchy of controls in your discussion.
Answer:
Explanation:
As the loan amount is gradually written off by the cost saved , the interest saved is also considered
P= ( 1+ R)^n
F = 9,000
R = 5% , 0.05
Loan amount - $33,000
N=Number of years
Year 1 = 9000( 1+0.05)^-1= 8,571.43
Year 2 =9000(1+0.05)^-2 = 8,163.27= 16.734.70
Year 3= 9000(1+0.05)^-3= 7,774.54 = 24,509.24
Year 4 = 9,000(1+0.05)^-4= 7,404.32= 31,913.56
Year 5 = 9,000 (1+0.05)^-5= 7,051.74= 38,965.3
Payback period is 5 years.
The company has the option of $33,000 for a control that will be repaid over five years period or a continuing hearing conservation program that would have paid ($9,000*5) $45,000 for the five years.
Comparing the two option , The Engineering control is a cheaper option and even with benefits that will outlast the continuing hearing program.
McGill and Smyth have capital balances on January 1 of $50,000 and $40,000, respectively.
The partnership income-sharing agreement provides for
• annual salaries of $22,000 for McGill and $12,000 for Smyth,
• interest at 10% on beginning capital balances, and,
• remaining income or loss to be shared 60% by McGill and 40% by Smyth.
Requirement:
(1) If the income was $50,000, what will be the distribution of income to each partner?
(2) If the income was $36,000, what will be the distribution of income to each partner?
(3) Journalize the allocation of net income in each of the situations above.
Explanation:
5800 is interest,,,,,,,,,,,,,,,,,,,, ,,,,,,,,,,,,,,, ,,,
the activities that supply chain managers are involved with planning and coordinating are all of the following except which?
The field of supply chain management (SCM) has developed further to meet the demands of the expanding global supply chain. The concept of a supply chain might be ambiguous because it encompasses a wide range of professions.
What is causing global supply chain issues?
According to a poll, the main reason for the present supply chain problems, which include disruptions in material availability and transportation. According to a survey conducted by the software corporation SAP, 58% of US-based business executives say that the main cause of their supply chain problems is political upheaval around the world.
Know more about professions Visit:
https://brainly.com/question/23186207
#SPJ4
Material costs of $200,000 and conversion costs of $214,200 were charged to a processing department in the month of September. Materials are added to the beginning of the process while conversion costs are incurred uniformly throughout the process. There were no unit in the beginning working process, 100,000 units were started into production in September and there were 8,000 units in ending working process that were 40% complete at the end of September. What was the total amount of manufacturing costs assigned to the 8,000 units in the ending work in process?
Answer:
ending WIP : 320,000
transferred out : 1,500,000
Explanation:
EXERCE1 Diffrentiate the legelities of private law and public law.
The main difference between the two is that private law deals with the relationships between individuals, while public law deals with the relationship between individuals and the state.
Private law covers matters such as contracts, property rights, and torts. It provides a framework for individuals to conduct their personal and business affairs, ensuring that everyone is held accountable for their actions. Private law is enforced through the civil courts, where individuals can seek redress for any wrongs that have been committed against them.
Public law, on the other hand, deals with matters that affect society as a whole. It includes constitutional law, administrative law, and criminal law.
Public law sets out the rules and regulations that govern the relationship between individuals and the state, as well as the relationship between different branches of government. It is enforced through the criminal justice system, where individuals can be prosecuted for breaking the law.
In summary, the main difference between private law and public law is that private law governs the relationship between individuals, while public law governs the relationship between individuals and the state. Both are essential for maintaining order and ensuring that everyone is held accountable for their actions.
For more such questions on private law visit;
https://brainly.com/question/8858425
#SPJ11
Target buys products from manufacturers and then resells them to consumers. As such, Target is which of the following
A manufacturing business
A promotional enterprise
A service business
A marketing intermediary
Answer:
intermediary
Explanation:
they do not make the products. they are a stopping point a product takes between manufacturing and consumer
Target buys products from manufacturers and then resells them to consumers. Target is a marketing intermediary. Thus, the correct answer is option D.
What is a marketing intermediary?Marketing intermediaries are independent businesses that help the flow of goods and services from producers to end users. Agents, wholesalers and retailers, marketing services agencies, physical distribution companies, and financial institutions are among them. It is also known as Middlemen.
Marketing intermediaries are companies that help businesses promote, sell through digital product catalogues, and deliver goods to customers. Traditional intermediaries are classified into four types: agents and brokers, wholesalers, distributors, and retailers.
Therefore, Target is a marketing intermediary.
To learn more marketing Intermediary, click here:
https://brainly.com/question/16344809
#SPJ2
1. Complete the following financial statements of Omega Company on the basis of the ratios given below.
omega company Income Statement for the year ended June 30 2001
Sales 2000000
Cost of Goods sold 600000
Gross profit 1400000
Operating Expenses. 1190000
Earning Before Interest and Tax. ? Debenture Interest. 10000
Income Tax. ?
Net Profit ?
Omega Company Income Statement For the year ended June 30 2001
Assets liabilities
Cash ? sundry creditors 60000
Stocks ? 10% debentures ?Debiors. ? Total liabilities. ?
total Current Assets ? reserve and surplus ?
Fixed Assets. ? share capital ?
Total Assets total liability and equity ?Additional Information
A. Net Profit to Sale Times 5%
B. Current Ratio. 1.5
C.Return on Net Worth 20%
D. Inventory Turnover 15
E Share Capital to Reserve 4:1
F. Tax Rate 50%
To complete the financial statements of Omega Company for the year ended June 30, 2001, we can use the provided ratios and additional information.
A. Net Profit to Sales Ratio = 5%
Net Profit = Net Profit to Sales Ratio * Sales
Net Profit = 0.05 * $2,000,000 = $100,000
B. Current Ratio = 1.5
Current Assets = Current Ratio * Total Liabilities
Total Liabilities = $60,000 (sundry creditors)
Current Assets = 1.5 * $60,000 = $90,000
C. Return on Net Worth = 20%
Net Worth = Net Profit / Return on Net Worth
Net Worth = $100,000 / 0.2 = $500,000
D. Inventory Turnover = 15
Cost of Goods Sold = Sales / Inventory Turnover
Cost of Goods Sold = $2,000,000 / 15 = $133,333
E. Share Capital to Reserve Ratio = 4:1
Share Capital = (4 / 5) * Reserve and Surplus
Share Capital = (4 / 5) * Net Worth = (4 / 5) * $500,000 = $400,000
Reserve and Surplus = $500,000 - $400,000 = $100,000
F. Tax Rate = 50%
Income Tax = Tax Rate * Net Profit
Income Tax = 0.5 * $100,000 = $50,000
Now we can complete the financial statements:
Omega Company Income Statement for the year ended June 30, 2001:
Sales: $2,000,000
Cost of Goods Sold: $600,000
Gross Profit: $1,400,000
Operating Expenses: $1,190,000
Earnings Before Interest and Tax: $210,000 (Gross Profit - Operating Expenses)
Debenture Interest: $10,000
Income Tax: $50,000
Net Profit: $100,000 (Earnings Before Interest and Tax - Debenture Interest - Income Tax)
Omega Company Balance Sheet as of June 30, 2001:
Assets:
Cash: To be determined
Stocks: To be determined
Debtors: To be determined
Fixed Assets: To be determined
Total Assets: To be determined
Liabilities:
Sundry Creditors: $60,000
10% Debentures: To be determined
Total Liabilities: To be determined
Equity:
Share Capital: $400,000
Reserve and Surplus: $100,000
Total Liability and Equity: To be determined
Please note that the values for Cash, Stocks, Debtors, Fixed Assets, 10% Debentures, Total Assets, Total Liabilities, and Total Liability and Equity need to be provided in order to complete the financial statements accurately.
For more such questions on financial statements
https://brainly.com/question/26240841
#SPJ8
If a firm has a sales price per unit of $6.00, a variable cost per unit of $4.00, and a break-even point of 40,000 units, fixed costs are equal to
Answer:
$80,000
Explanation:
From marginal analysis concepts, the break-even point is determined using the formula.
Break-even in units = fixed cost / contribution margin per unit
For this firm,
break -even = 40,000 units
Contribution margin per unit = selling price - variable costs
=$6 - $4 =$2
Therefore:
40,000 = fixed costs/ $2
Fixed costs = $40,000 x 2
Fixed costs = $80,000
Which is the first step in preparing a message either written or verbal?
Consider the audience
Create an outline
Choose a delivery method
Determine the purpose of the message
Answer: Determine the purpose, I believe. This is my specific order:
Explanation:
1. Determine the purpose of the message
What is your message going to be about?
2. Choose a delivery method
Are you trying to persuade your audience?
3. Consider the audience
Think about what ways you can get your specific audience to pay attention to you and hear you out throughout your message.
4. Create an outline
An outline is similar to a pre-write. Choose the order of events you will be delivering your message in.
It may seem odd, but why would anyone buy bonds if they have a negative interest rate?
Choose one or more:
A. People who buy these bonds wish to help the government pay down debt at a lower cost.
B. Some pension funds are required to keep a portion of their portfolios in government bonds.
C. Government bonds are almost riskless.
D. The prices of alternative "safe" assets like gold do not change very much.
My opinion is that its government bonds seem to be almost risk-free.
How are governmental bonds issued?Bonds are a common form of capital raising used by both governments and enterprises. In essence, you are making a loan to the issuer when you buy a bond. In return, they promise to pay your interest just on bond on a regular basis, usually twice a year, and to pay back the full loan amount on a specific date.
What do current government bonds pay?I-bonds issued between November 2022 and April 2023 have a 6.89% composite rate.
To know more about government bonds visit:
https://brainly.com/question/14229121
#SPJ1
Davis Corporation has provided the following production and total cost data for two levels of monthly production volume. The company produces a single product.
Production volume 1,000 units 2,000 units
Direct materials $ 44,200 $ 88,400
Direct labor $ 37,300 $ 74,600
Manufacturing overhead $ 48,500 $ 62,200
The best estimate of the total monthly fixed manufacturing cost is:_________
a. $177,600
b. $225,200
c. $130,000
d. $34,800
Answer: $34800
Explanation:
Fixed cost is simply calculated as:
Total cost - Variable cost.
We need to find the total monthly variable manufacturing cost. To get this we'll calculate the variable cost per unit first. This can be calculated as:
= ($62200 − $48500)/(2000 units − 1000 units)
= $13700/1000 units
Variable cost per unit = $13.70 per unit
Variable cost = $13.70 × 1000
= $13,700
Fixed cost = Total cost - Variable cost.
Fixed cost = $48500 - $13700
Fixed cost = $34,800
The best estimate of the total monthly fixed manufacturing cost is $34800
Kiwi Plc sold an antique painting which had been purchased inJanuary 1996 for £21,000. It was sold for £4,200 in January 2021. The proceeds were received net of auction fees of £650. What is Kiwi Plc's allowable loss?
Answer:
$17,450
Explanation:
The antique painting that was bought in January 1996 was sold for $21,000
It was sold for 4,200 in January 2021
It received a net auction fee of 650
Therefore the allowable loss can be calculated as follows
= 21,000-4200+650
= 17,450
Hence the allowable loss is $17,450
6. Which of the following situation of a particular firm allows increased dividend payout ratio A. Strong capital impairment rule B. Higher possibility for external financing C. Need of additional finance in the firm D. Restrictive debt contract
The Pan American Bottling Co. is considering the purchase of a new machine that would increase the speed of bottling and save money. The net cost of this machine is $55,000. The annual cash flows have the following projections. Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods. Year Cash Flow 1 $ 28,000 2 26,000 3 26,000 4 31,000 5 12,000 a. If the cost of capital is 15 percent, what is the net present value of selecting a new machine
Answer:
NPV = $29,794.60
Explanation:
Year Cash Flow
0 -$55,000
1 $28,000
2 $26,000
3 $26,000
4 $31,000
5 $12,000
NPV = -$55,000 + ($28,000 x 0.8696) + ($26,000 x 0.7561) + ($26,000 x 0.6575) + ($31,000 x 0.5718) + ($12,000 x 0.4972) = -$55,000 + $24,348.80 + $19,658.60 + $17,095 + $17,725.80 + $5,966.40 = -$55,000 + $84,794.60 = $29,794.60