Answer:
c. $65.
Explanation:
The computation of the per hour opportunity cost is as follows:
= Per hour revenue - per hour variable cost
= $140 - $75
= $65
The fixed cost would not be considered as it is a sunk cost
Therefore the per hour opportunity cost is $65
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Government agencies allow consumers to initiate transactions with government agencies, such as when they pay their taxes, pay traffic fines, or renew automobile registrations via the Internet. The online marketing domain involved is ____________ .
Answer:
affiliate marketing
Explanation:
In simple words, the affiliate marketing relates to the type of marketing under which the user and the handler of any online domain interact with each other due to the actions made by one or both of the parties. In this type of online marketing the transactions are done on the basis of the pre-defined information on the user end.
Thus, from the above we can conclude that the given case depicts affiliate marketing.
The online marketing domain involved is C2G.
The following information related to C2G is:
The full form of C2G is Consumer to Government. In this, the consumer provide the feedback related to the government authority. In this, the traffic fines, taxes are paid.Therefore we can conclude that The online marketing domain involved is C2G.
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Ferris Company began 2018 with 6,000 units of its principal product. The cost of each unit is $6. Merchandise transactions for the month of January 2018 are as follows:
Purchases
Date of Purchase Units Unit Cost* Total Cost
Jan. 10 5,000 $ 7 $ 35,000
Jan. 18 6,000 8 48,000
Totals 11,000 83,000
*Includes purchase price and cost of freight.
Sales
Date of Sale Units
Jan. 5 3,000
Jan. 12 2,000
Jan. 20 4,000
Total 9,000
8,000 units were on hand at the end of the month.
Required:
Calculate January's ending inventory and cost of goods sold for the month using each of the following alternatives:
1. FIFO, periodic system.
2. LIFO, periodic system.
3. LIFO, perpetual system.
4. Average cost, periodic system.
5. Average cost, perpetual system.
Calculate January's ending inventory and cost of goods sold for the month using FIFO, periodic system.
Answer:
date of purchase units cost per unit total cost
beginning inv. 6,000 $6 $36,000
January 10 5,000 $7 $35,000
January 18 6,000 $8 $48,000
total 17,000 $7 $119,000
date of sale units
January 5 3,000
January 12 2,000
January 24 4,000
ending inventory = 8,000 units
1. FIFO, periodic system.
ending inventory = (6,000 x $8) + (2,000 x $7) = $62,000
2. LIFO, periodic system.
ending inventory = (6,000 x $6) + (2,000 x $7) = $50,000
3. LIFO, perpetual system.
COGS = (3,000 x $6) + ((2,000 x $7) + (4,000 x $8) = $64,000
ending inventory = $119,000 - $64,000 = $55,000
4. Average cost, periodic system.
ending inventory = 8,000 x $7 = $56,000
5. Average cost, perpetual system.
COGS = (3,000 x $6) + ((2,000 x $6.625) + (4,000 x $7.3125) = $60,500
ending inventory = $119,000 - $60,500 = $58,500
What is the difference between inflation and deflation.
A. Inflation can result from falling demand and boosts the value of money. Deflation can result from rising demand and reduces the value of money.
B. Inflation can result from rising demand and boost the value of money. Deflation can result from failing demand and reduces the value of money.
C. Inflation can result from falling demand and reduces the value of money. Deflation can result from rising demand and boost the value of money.
D. Inflation can result from rising demand and reduces the value of money. Deflation can result from falling demand and boost the value of money.
Answer:
D. Inflation can result from rising demand and reduces the value of money. Deflation can result from falling demand and boost the value of money.
Explanation:
Inflation is the general increase in prices in the economy over time. As the economy grows, prices automatically rise. There is a direct correlation between economic development and inflation. A high growth rate may result in a high inflation rate. High growth is caused by an increase in demand for goods and services.
Inflation erodes the purchasing power of money. As prices increase, it means one unit of money will purchase fewer quantities of goods and services than the previous season.
Deflation is the opposite of inflation. It means a general decline in prices in the country. Low production due to reduced demand causes prices to decline. One unit of money will purchase more quantities of goods and services as prices decline.
Answer:
I believe the answer is D :)
Explanation:
A quantity of inventory that provides protection against lost sales caused by unfulfilled demands from customers is called:__________
a) Just-in-time inventory.
b) Budgeted stock.
c) Continuous inventory.
d) Capital stock.
e) Safety stock.
Answer:
e) Safety stock.
Explanation:
The term that describes this form of safety-net for companies is called safety stock. Companies tend to have this in order to be able to maintain their business flow as efficiently as possible in case there are unforeseen increases in demand. Otherwise, if demand drastically increases and they do not have this safety stock the company will run out of stock immediately and lose out on sales as they wait for more stock to arrive, which can also cause that stock to sell out immediately due to the backed-up demand, which can lead to the business buying backed up for months.
Xtron has few rules and procedures and prides itself on empowering lower-level employees to be nimble and responsive to its customers' rapidly changing needs. Xtron would be best described as a(n) ______ organization.
Answer:
Organic
Explanation:
From the question, we are informed about Xtron who has few rules and procedures and prides itself on empowering lower-level employees to be nimble and responsive to its customers' rapidly changing needs. In this case Xtron would be best described as a organic organization.
Organic organizations, which was set up by Tom Burns and G.M. Stalker arround 1950, organic organization can be regarded as organization that is can be embrace flexibility and have the potential to adapt well to changes, they also have
value external knowledge.
A company purchased an asset for $2,850,000 that will be used in a 3-year project. The asset is in the 3-year MACRS class. The depreciation percentage each year is 33.33%, 44.45%, and 14.81%, respectively. What is the book value of the equipment at the end of the project?
A) $211,185.B) $0.C) $633,270.D) $1,900,095.E) $2,638,815.
Answer:
A) $211,185
Explanation:
The computation of the book value of the equipment at the end of the project is as follows;
Depreciation in Year 1 is
= Asset Price × 33.33%
= $2,850,000 × 33.33%
= $949,905
Depreciation in Year 2 is
= Asset Price × 44.45%
= $2,850,000 × 44.45%
= $1,266,825
And, Depreciation in Year 3 is
= Asset Price × 14.81%
= $2,850,000 × 14.81%
= $422,085
Now
Total Accumulated Depreciation is
= $949,905 + $1,266,825 + $422,085
= $2,638,815
And, finally
Book Value of the equipment is
= $2,850,000 - $2,638,815
= $211,185
Therefore the correct option is a.
You are a U.S. investor who purchased British securities for 2,340 pounds one year ago when the British pound cost $1.52. No dividends were paid on the British securities in the past year. Your total return based on U.S. dollars was __________ if the value of the securities is now 2,440 pounds and the pound is worth $1.61.
a. 16.7%.
b. 20.0%.
c. 12.5%.
d. n/a.
Answer:
d. n/a
Explanation:
Calculation for Your total return based on U.S. dollars
Total return=(2,440 pounds*$1.61)- (2,340 pounds*$1.52)/ (2,340 pounds*$1.52)
Total return=$3,928.4-$3,556.8/$3,556.8
Total return=$371.60/$3,556.8
Total return=0.1045*100
Total return=10.45%
Therefore Your total return based on U.S. dollars was 10.45%
I am trying to convince my dad to let me be Interior Designer. What are some resons for me to become a Interior Designer?
Answer:
Explanation:
1 You can manage your time according your scheduled projects.
2 You can have a lot of costumers around the world
3 It is a profitable niche if you are skilled.
4 Your brain always gonna be creative and curious.
5. You can travel around the world with your knowledge.
6. If you are a good one, you maybe have a lot of followers in your networks liking your work.
7 And if really is your passion job, you will be happy in your life.
Best regards
Which method of project selection gives consideration to the time value of money in a capital budgeting decision?
A. Payback method.
B. Average rate of return.
C. Accounting rate of return.
D. Discounted cash flows method.
Answer:
D. Discounted cash flows method.
Explanation:
The discounted cash flow method is the method in which it discounted all the cash flows to their their present value
Also it provides the consideration with respect to the times value of money while taking decision related to capital budgeting
hence, the correct option is D
And all the other options are incorrect
A capital budgeting decision is a financial commitment and an investment, As by asking a project the business is taking commitments.
TMV in capital budgeting is a decision through the discounting cash flow. The DFC is a method of valuing the social projects of the company along with the assets. They are estimated and discounted using the cost of capital.Hence the option D is correct.
Learn more about the project selection gives consideration to the time value.
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Big Wheel, Inc. collects 25% of its sales on account in the month of the sale and 75% in the month following the sale. Sales on account are budgeted to be $17,900 for March and $50,600 for April. What are the budgeted cash receipts from sales on account for April
Answer:
$26,075
Explanation:
Follow the Receipt Cycle that has been stated but this time focusing on the month of April
Receipts :
Collection for April Sales ( $50,600 × 25%) = $12,650
Collection for March Sales ( $17,900 × 75%) = $13,425
Total Collection in April = $26,075
Therefore, Total cash receipts from sales on account for April are $26,075.
Find the area of the curved surface of a cylinder having a radius 16 cm and length 38 cm.Express the area in meters.
Answer:
1216πm^2
Explanation:
radius of cylinder= 16 cm
height of cylinder = 38 cm
Then,
Curved surface area = 2πrh
= 2×22/7×16×38
=3821.72m^2 or 1216πm^2
If you borrow $700 for 6 months at 8% annual simple interest, how much must you repay at the end of the 6 months
Answer:
[tex]\$728[/tex]
Explanation:
Let P denotes principal amount, R denotes rate of interest and T denotes time period.
Principal amount [tex](P)=\$700[/tex]
Rate of interest [tex](R)=8\%[/tex]
Time [tex](T)=6[/tex] months [tex]=\frac{6}{12}=\frac{1}{2}[/tex] years
Simple interest [tex]=\frac{PRT}{100}=\frac{700(8)(\frac{1}{2}) }{100} =\$28[/tex]
Amount paid at the end of 6 months = P + Simple interest [tex]=700+28=\$728[/tex]
When reflecting upon the newer generation, each older generation says the same thing:
Answer:
live long boomers
Explanation:
On January 2, 2017, Hannah Company sold a machine for $1,000 that it had used for several years. The machine cost $12,000, and had accumulated depreciation of $8,000 at the time of sale. What gain or loss will be reported on the income statement for the sale of the machine?
Answer:
Loss= -$3,000
Explanation:
Giving the following information:
Selling price= $1,000
Purchase price= $12,000
Accumulated depreciation= $8,000
First, we need to calculate the book value:
Book value= 12,000 - 8,000= $4,000
If the book value is higher than the selling price, the company loses from the sale:
Gain/loss= selling price - book value
Gain/loss= 1,000 - 4,000
Loss= -$3,000
four activities or services that make trade easy
Answer:
The activities are:
1. Transport
In the cutting edge times there is a tremendous distance between places of creation and the places of utilization. This trouble is eliminated by a significant guide to exchange known as Transport.Transport makes place utility.
2. Communication
Communication implies sending or trade of data starting with one individual then onto the next.
Communication can be oral or recorded as a hard copy. It is important to impart data starting with one then onto the next to finish and settle the terms of deals, for example, costs of products, markdown permitted, the office of credit, and so forth
3. Banking
Banking tackles the issue of money. Finance managers get cash and furthermore pays cash in huge sums. It is unsafe to convey a lot of money starting with one spot then onto the next. Here comes Banking as an answer. Banking and monetary organizations take care of the issue of installment and encourage a smooth trade among purchaser and dealer. The finance managers may likewise require present moment and long haul reserves. Banks give such account to money managers.
4. Advertising
Advertising fills the information hole and it unravels the trouble of data. Trade of merchandise and ventures conceivable just if makers can carry the items to the customers. Advertising and exposure are significant media of mass correspondence. Advertising encourages buyers to think about the different brands fabricated by a few makers. The media used to publicize items are Radio, Papers, Magazines, television, the Web, Bulletin, and so on
Explanation:
Trade of products includes a few challenges, which are eliminated by helpers or strengthening underpins known as Aids to Trade.
Here, guides to exchange alludes to every one of those elaborate exercises, which straightforwardly or in a roundabout way encourages smooth trade of merchandise and enterprises.
The average duration of unemployment is _________. Multiple Choice both a coincidental indicator and a lagging indicator a lagging economic indicator a coincidental economic indicator a leading economic indicator
Answer:
lagging economic indicator
Explanation:
The average amount of time it takes for an unemployed person to find a new job is a scenario of lagging economic indicator, the Employment rate is usually one of the last things work in in an economy that is about or entering a period of expansion. Sackings or Layoffs of staff are one of the last resorts for companies when the economy turns down.
Another way is due to fact that businesses wait until companiestokk lay off, and wait until recoveries look secure to rehire, this part is necessary as it lags the cycle on both the way down and the way up
Given the following data:
Net sales $430,000
Cost of goods sold $80,000
Gross profit $350,000
Operating expenses $50,000
Net income $300,000
In vertical analysis, net income would be expressed as: (Round your final answer to the nearest whole percent)
A. 12%.
B. 81%.
C. 70%.
D. 19%
Answer:
C. 70%.
Explanation:
Calculation for the net income
Using this formula
Net income=Net income/Net Sales
Let plug in the formula
Net income= $300,000/ $430,000
Net income=70%
Therefore the net income would be expressed as 70%
For a pure competition firm if price is less than the minimum of the __________, output at 0 will result in less loss than producing at any other level.
Answer:
need more information
Explanation:
For a pure competition firm is charging a price less than the minimum average variable cost at zero output , will result in a loss than producing at any other level.
What is a pure competition firm?A theoretical market structure is referred to as pure competition. There are numerous buyers and sellers, and prices are determined by supply and demand. Companies make only enough money to stay in business. If they made too much money, other companies would enter the market and drive down profits.
If a profit-maximizing firm produces a positive output in the short run, then the market price must be greater than or equal to the Average variable cost (AVC) at that output level. Hence when price is less than minimum AVC, the firm produces zero output.
Therefore the market price is less than average variable cost for zero output for pure competition firm.
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We opened the doors to Data Driven Donuts last year. What type of analysis tells us how we performed the first year?
Answer:
Descriptive
Explanation:
Any company,business or organization that want to know how well they performed in the first year of their business or first year of operation will have to make use of DESCRIPTIVE ANALYSIS reason been that this type of ANALYSIS will help to collect data, analysed and summarize the data in details in order to interprete and present the data in a more useful way.
Therefore the type of analysis tells us how we performed the first year is called DESCRIPTIVE ANALYSIS
Use Scenario: A Small-Town Monopolist. If this monopolist must choose between selling 100 or 175 subscriptions, it will choose to sell _____ units at a price of _____ and earn economic profits equal to _____.
a. 175; $10; $500.
b. 100; $10; $750.
c. 175; $15; $1,000.
d. 100; $15; $1,000.
Answer:
The correct option is d. 100; $15; $1,000.
Explanation:
Note: This question is not complete. The complete question is therefore provided before answering the question as follows:
Scenario: A Small-Town Monopolist A monopolist sells cable subscriptions in a small town and finds that it can sell 100 subscriptions when the price is $15 a week and 175 subscriptions when the price is $10 a week. The MC for the provision of the cable is $5 a week. There are no fixed costs.
Use Scenario: A Small-Town Monopolist. If this monopolist must choose between selling 100 or 175 subscriptions, it will choose to sell _____ units at a price of _____ and earn economic profits equal to _____.
Explanation of the answer is now given as follows:
Step 1: Calculation of profit when 100 subscriptions is sold
Total revenue = Number of subscriptions sold * Price a week = 100 * $15 = $1,500
Total cost = Number of subscriptions sold * MC a week = 100 * 5 = $500
Economic profit = Total revenue - Total cost = $1,500 - $500 = $1,000
Step 2: Calculation of profit when 175 subscriptions is sold
Total revenue = Number of subscriptions sold * Price a week = 175 * 10 = $1,750
Total cost = Number of subscriptions sold * MC a week = 175 * 5 = $875
Economic profit = Total revenue - Total cost = $1,750 - $875 = $875
Conclusion
Since the economic profit of $1,000 made when 100 subscriptions is sold is higher than the economic profit of $875 made when 175 subscriptions is sold, thee monopolist will choose to sell 100 units at a price of $15 and earn economic profits equal to $1,000.
Therefore, the correct option is d. 100; $15; $1,000.
At contract maturity the value of a call option is ___________, where X equals the option's strike price and ST is the stock price at contract expiration.
a. max (0, ST - X)
b. min (0, ST - X)
c. max (0, X - ST)
d. min (0, X - ST)
Answer:
A. Max (0, ST - X)
Explanation:
call option which is also known as a "call", can be regarded as a contract, that exist between both buyer as well as the seller of the call option, in so that security exchange at a set price can occur. It should be noted that At contract maturity the value of a call option is Max (0, ST - X) where X equals the option's strike price and ST is the stock price at contract expiration.
The discount rate includes ________ in the basic valuation model.
a. cash flows.
b. timing.
c. risk.
d. total value.
Answer:
c. risk
Explanation:
The discount rate usually stands for the opportunity cost of investing elsewhere or the cost of sourcing finance. therefore, it includes a risk component.
An instrument that represents a standard and agreed upon value, used to purchase goods
and services and to pay debts, is called a:
Answer:
guitar
Explanation:
Basse Corporation has 7,000 shares of common stock outstanding. It declares a $1 per share cash dividend on November 1 to stockholders of record on December 1. The dividend is paid on December 31.
Prepare the entries on the appropriate dates to record the declaration and payment of the cash dividend. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)
Answer and Explanation:
The journal entries are as follows:
1. cash dividend Dr (7,000 shares × $1) $7,000
To Dividend payable $7,000
(Being the declaration of the dividend is recorded)
Here the cash dividend is debited as it increased the balance of the dividend and dividend payable is credited as it increased the liabilities
2. Dividend payable Dr $7,000
To Cash $7,000
(being the payment is recorded)
Here the dividend payable is debited as it decreased the liabilities and cash is credited as it also decreased the assets
A firm that shuts down temporarily has to pay a. its fixed costs but not its variable costs. b. its variable costs but not its fixed costs. c. both its variable costs and its fixed costs. d. neither its variable costs nor its fixed costs.
Answer:
its fixed costs but not its variable costs.
Explanation:
Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments
If production is zero or if production is a million, Mortgage payments do not change - it remains the same no matter the level of output.
Hourly wage costs and payments for production inputs are variable costs
Variable costs are costs that vary with production
If a producer decides not to produce any output, there would be no need to hire labour and thus no need to pay hourly wages.
When a firm that shuts down temporarily, the firm would still have to pay expenses such as rent and electricity bills. These constitute fixed cost. But the firm would not have to pay variable costs e.g. the cost of buying raw materials used in variation.
On the other hand, if the firm shuts down permanently, it would not pay both its variable costs and its fixed costs
Rihanna Company is considering purchasing new equipment for $578,500. It is expected that the equipment will produce net annual cash flows of $65,000 over its 10-year useful life. Annual depreciation will be $57,850. Compute the cash payback period. (Round answer to 1 decimal place, e.g. 10.5.)
Cash payback period _________ years
Answer:
The cash payback period is 8.9 years.
Explanation:
This can be calculated using the following formula:
Cash payback period = Equipment cost / Annual net cash inflows ...............(1)
Where;
Equipment cost = $578,500
Net annual cash flows = $65,000
Substituting the values into equation (1), we have:
Cash payback period = $578,500 / $65,000
Cash payback period = 8.9 years
Note that the net annual cash flows is obtained after the annual cash ouflows is deducted from the annual cash inflows. Since annual depreciation is already part of the annual cash outflows, there is no need to consider it again in our calculation.
A one-year long forward contract on a non-dividend-paying stock is entered into when the stock price is $40 and the risk-free rate of interest is 10% per annum with continuous compounding. a. What are the forward price and the initial value of the forward contract? b. Six months later, the price of the stock is $45 and the risk-free interest rate is still 10%. What are the forward price and the value of the forward contract?
Answer:
The correct solution is:
(a) $44.21
(b) $47.30
Explanation:
(a)
According to the question,
Stock price,
S = $40
Risk free rate,
r = 10%
= 0.10
Delivery rate,
t = 1
Mathematical constant,
e = 2.72
Now,
The forward price will be:
⇒ [tex]F= S\times e^{(r\times t)}[/tex]
On substituting the estimated values, we get
⇒ [tex]=40\times 2.72^{(0.10\times 1)}[/tex]
⇒ [tex]=44.21[/tex] ($)
(b)
6 months later,
The forward price will be:
⇒ [tex]F= S\times e^{(r\times t)}[/tex]
⇒ [tex]=45\times 2.72^{(0.10\times 1)}[/tex]
⇒ [tex]=47.30[/tex] ($)
The initial value becomes assumed to be zero (0) since forward contracts constitute procurement deals which really determine the exchanging of a particular property though on a fixed period although at a price that has been accepted today.
Smith Company sponsors a defined benefit pension plan. The beginning balance of plan assets is $5 million; the beginning balance of the PBO is $5.5 million; the expected rate of return is 8%, the discount rate is 6%, and the salary trend rate is 4%. The interest cost is equal to:___________.
Answer:
$330,000
Explanation:
Calculation for the interest cost
Using this is
Interest cost=Beginning balance of the PBO * discount rate
Let plug in the formula
Interest cost=$5.5 million * 6%
interest cost=$330,000
Therefore the interest cost is equal to:$330,000
A survey reveals that, on a small island, 175 people have jobs, 25 people are not working but are looking for jobs, and 90 people are neither working nor looking for work. The unemployment rate on the island is:____.
Answer:
The answer is = 12.5%
Explanation:
The 175 people that have jobs are in unemployment (employed).
The 25 people that are not working but are looking for jobs are called unemployed.
The 90 people are neither working nor looking for work for work are not counted in the employment.
Therefore, the labor force is employed people + unemployed people.
Labor force is 175 + 25= 200 people.
So, unemployment rate is:
(unemployed people ÷ labor force) x 100
(25÷200) x 100%
=12.5%
Jamison Company had sales revenue and operating expenses of $5,000,000 and $4,200,000, respectively, for the year just ended. If invested capital amounted to $6,000,000, the firm's ROI was:_________
A. 13.33%.
B. 83.33%.
C. 120.00%.
D. 750.00%.
Answer:
A,. 13.33%.
Explanation:
Return on Investment (ROI) which gives the efficiency of a particular investment
We were given invested capital amounted as $6,000,000, and operating expenses as $5,000,000
We can calculate net income by substracing equal sales revenue from operating expenses
net income can be calculated as = ($5000000-$420000)
= $800000
ROI can be calculated as
net income/Capital investment
$800000/$6000000
=. 13.33%.