As a finance lease, the lease liability for Lease A is categorised as a liability and divided into current and non-current components based on when the payments are due.
In its balance sheet, how should Manning disclose its lease liabilities?In its balance sheet, how should Manning disclose its lease liabilities? Liabilities for finance and operating leases must be shown separately from other obligations on the balance sheet.
How is lease responsibility determined?The present value of any outstanding future lease payments is taken into account in the basic calculation for determining the lease liabilities.
To know more about liabilities visit:-
brainly.com/question/18484315
#SPJ1
Quark acquired 70% of the 1m issued £1 ordinary shares of Whey on 1 January 20X1 when Whey’s retained earnings were £1,500,000. The group measures non-controlling interest (NCI) at fair value at the acquisition date. The FV of the NCI of Whey as at 1 January 20X1 was £1,325,000.
The retained earnings of Whey at 31 December 20X1 were £2,750,000. Assume no goodwill impairment.
The NCI to be included in the consolidated statement of financial position at 31 December 20X1 will be:
a. £2,150,000
b. None of these options are correct
c. £1,125,000
d. £1,275,000
e. £997,500
f. £2,022,500
g. £1,700,000
The NCI to be included in the consolidated statement of financial position at 31 December 20X1 is £2,150,000. Therefore, the correct option is A.
NCI or non-controlling interest is the equity that a parent company does not own in a subsidiary firm. It is also known as minority interest. NCI represents the amount of equity ownership in a subsidiary's net assets that are not owned by the parent firm. It is the share of the subsidiary company's profits and assets that are not held by the parent company.
The formula for calculating NCI is:
NCI = (NCI Fair value / Total fair value) × Net assets
Where NCI is Non-controlling Interest, NCI Fair value is the fair value of the NCI stake held in the subsidiary, Total fair value is the fair value of the subsidiary, and Net assets is the equity of the subsidiary attributable to the parent company and the non-controlling interest
The formula for calculating consolidated retained earnings is:
Consolidated retained earnings = Retained earnings of the parent + Retained earnings of the subsidiary – NCI share of subsidiary’s retained earnings
The formula for calculating NCI to be included in the consolidated statement of financial position is:
NCI = NCI fair value + NCI share of subsidiary's retained earnings
At the acquisition date, Quark acquired 70% of the 1m issued £1 ordinary shares of Whey when Whey’s retained earnings were £1,500,000. The fair value of the NCI of Whey as at 1 January 20X1 was £1,325,000. Retained earnings of Whey at 31 December 20X1 were £2,750,000.
The NCI to be included in the consolidated statement of financial position at 31 December 20X1 will be:
NCI fair value at 1 January 20X1 = £1,325,000
NCI share of subsidiary’s retained earnings = 30% × £2,750,000 = £825,000
NCI to be included in the consolidated statement of financial position = £1,325,000 + £825,000 = £2,150,000
Thus, option (a) £2,150,000 is the correct answer.
Learn more about NCI:
https://brainly.com/question/15689904
#SPJ11
Lakietha Smith works in a large bank. Her gross pay for this week is $615. She is married and claims one allowance. Using Figure 2. 7, what amount will be withheld from Lakietha's pay for federal income tax?
From Figure 2.7, Lakietha's Federal Income Tax Withholding would be $54.25. This amount is calculated by multiplying her gross pay of $615 by 8.9%, which is the tax rate for a single filer with one allowance.
Income tax is a tax imposed by the government on the income of individuals and businesses. It is calculated based on the amount of money an individual or business earns. The income tax rate varies from country to country, and is typically based on a person’s income level, profession, and other factors. Income tax is a major source of revenue for governments and is used to finance public services such as health care, education, and infrastructure. Income tax is generally collected through a withholding system, which means that employers deduct money from an employee’s wages and send it directly to the government. Individuals and businesses must also file a tax return each year to report their income to the government and calculate how much they owe. Individuals may also be eligible for tax credits or deductions, which reduce their tax bill.
To learn more about Income Tax
https://brainly.com/question/30157668
#SPJ1
You are responsible for managing the inventory of SKU H3779, a children's tablet computer. You currently purchase an annual 2,000 units of this item from a supplier. The holding cost per unit per year is equal to $76 (the inventory holding cost factor is 20% and the unit cost is 5380 ), and the cost of placing an order is $392. - What is the economic order quantity for SKU \#3229? - How many orders will be placed over the course of a year? - The purchasing manager has been negotiating with the supplier, and the latter has agreed to the following terms: Lower order placement costs ($60 instead of $392) and higher unit costs ($384instead of \$380). Do you think this a good deal? Why or why not?
Based on the calculations, it appears that the new terms are better, resulting in a slightly lower total cost of $12,184 compared to the original terms, which cost $12,256. However, other factors such as the reliability of the supplier, delivery times and product quality must also be taken into account when evaluating whether or not to accept the new terms.
To calculate the economic order quantity (EOQ), we can use the following formula:
EOQ = [tex]√[(2DS)/H][/tex]
Where D is the annual demand, S is the setup (ordering) cost, and H is the holding cost per unit per year.
Given the information provided:
D = 2,000 units
S = $392
H = $76
So, plugging in the values:
EOQ =[tex]√[(2 x 2,000 x $392)/$76] ≈ 270 units[/tex]
To calculate the number of orders placed over the course of a year, we can divide the annual demand by the EOQ:
Number of orders = [tex]D/EOQ = 2,000/270 ≈ 7.4 orders[/tex]
Since we cannot place a fraction of an order, we will round up to 8 orders per year.
To determine whether the new terms with the supplier are better, we need to calculate the total cost of the original terms and the new terms and compare them.
Original terms:
Ordering cost per order = $392
Unit cost = $380
Annual demand = 2,000 units
Holding cost = 20% x $380 = $76
Total cost = (Ordering cost per order x Number of orders) + (Unit cost x Annual demand x Holding cost)
Total cost = ($392 x 8) + ($380 x 2,000 x $76)
Total cost = $3,136 + $9,120
Total cost = $12,256
New terms:
Ordering cost per order = $60
Unit cost = $384
Annual demand = 2,000 units
Holding cost = 20% x $384 = $76.80
Total cost = (Ordering cost per order x Number of orders) + (Unit cost x Annual demand x Holding cost)
Total cost = ($60 x 8) + ($384 x 2,000 x $76.80)
Total cost = $480 + $11,704
Total cost = $12,184
Based on these calculations, it appears that the new terms are better, as they result in a slightly lower total cost of $12,184 compared to the original terms, which cost $12,256. However, other factors such as the reliability of the supplier, delivery times, and quality of the product should also be taken into consideration when evaluating whether or not to accept the new terms.
Learn more about business inventory:
https://brainly.com/question/25947903
#SPJ11
Please briefly answer the following questions:1.Why are the Freedom of Information Act and the Sunshine Act laws important in public administration and in all levels of government. How have each of these laws evolved over time?2. Explain the concept of Constitutional Contractarianism and the concept of Public Administrative Instrumentalism.3.What are three things that you should not have access to under the Freedom of Information Act? Why should you not have access to these things?4.What are three things that are not applicable to the Sunshine Act? Why are they not applicable?5. Should the work of the public sector (public administration) be proactive or reactive? Why? Think about the topics on administrative law, particularly transparency, as you reflect on your answer
1. The Freedom of Information Act and the Sunshine Act are both important laws in public administration and all levels of government.
The Freedom of Information Act ensures that members of the public have access to records maintained by government agencies, while the Sunshine Act establishes rules about how and when government meetings must be open to the public.
Both of these laws have evolved over time to provide more access to government records and meetings and to create more transparency for the public.
2. Constitutional Contractarianism is the idea that there is an underlying social contract between the citizens of a nation and the government, while Public Administrative Instrumentalism is the idea that public administration is a tool of the government and should be used to implement the policies of the elected officials.
3. There are three types of records that you should not have access to under the Freedom of Information Act: information that would reveal personal and private matters, information related to national security, and information that is subject to attorney-client privilege.
You should not have access to these records because they could compromise the privacy of citizens, reveal important information related to national security, and violate attorney-client privilege.
4. Three things that are not applicable to the Sunshine Act are records related to personnel files, records related to trade secrets, and records related to certain types of meetings that can be closed under the law. These items are not applicable because they are excluded from the rules and regulations established by the Sunshine Act.
5. The work of the public sector should be proactive rather than reactive. This means that the public sector should anticipate needs and take action to address those needs before they become major problems.
This is important in order to ensure that the government is providing services and implementing policies that are beneficial to citizens, as well as to ensure that administrative law, particularly transparency, is upheld.
To learn more about sunshine act, refer below:
https://brainly.com/question/31149061
#SPJ11
Cost per FIFO EUP In October, Pedraza Corp.'s production was 85,760 equivalent units for direct material, 78,080 equivalent units for direct labor, and 67,200 equivalent units for overhead. During October, direct material, conversion, and overhead costs incurred were as follows: Beginning WIP Inventory costs for October were
$41,971
for direct material,
$31,206
for direct labor, and
$33,024
for overhead. The company had 11,520 EUP for direct material in October's beginning WIP inventory, 12,800 EUP for direct labor, and 11,088 EUP for overhead. What was the October FIFO cost per EUP for direct material, direct labor, and overhead? Note: Round your answers to two decimal places.
The October FIFO cost per EUP for direct material is $0.57, for direct labor is $0.48, and for overhead is $0.59.
Using the First-In, First-Out (FIFO) method, first calculate the costs incurred during October for direct material, direct labor, and overhead:
Direct material costs incurred in October = Total direct material costs - Beginning WIP direct material costsDirect labor costs incurred in October = Total direct labor costs - Beginning WIP direct labor costsOverhead costs incurred in October = Total overhead costs - Beginning WIP overhead costsCalculate the equivalent units of production (EUP) for direct material, direct labor, and overhead during October:
October EUP for direct material = Total October EUP for direct material - Beginning WIP EUP for direct materialOctober EUP for direct labor = Total October EUP for direct labor - Beginning WIP EUP for direct laborOctober EUP for overhead = Total October EUP for overhead - Beginning WIP EUP for overheadCalculate the cost per EUP for direct material, direct labor, and overhead:
Cost per EUP for direct material = Direct material costs incurred in October / October EUP for direct materialCost per EUP for direct labor = Direct labor costs incurred in October / October EUP for direct laborCost per EUP for overhead = Overhead costs incurred in October / October EUP for overheadNow, let's use the data provided to calculate the cost per EUP for each category:
Calculate the costs incurred during October:
Direct material costs incurred in October = $41,971
Direct labor costs incurred in October = $31,206
Overhead costs incurred in October = $33,024
Calculate the October EUP:
October EUP for direct material = 85,760 EUP - 11,520 EUP = 74,240 EUPOctober EUP for direct labor = 78,080 EUP - 12,800 EUP = 65,280 EUPOctober EUP for overhead = 67,200 EUP - 11,088 EUP = 56,112 EUPCalculate the cost per EUP:
Cost per EUP for direct material = $41,971 / 74,240 EUP = $0.57Cost per EUP for direct labor = $31,206 / 65,280 EUP = $0.48Cost per EUP for overhead = $33,024 / 56,112 EUP = $0.59Learn more about FIFO cost here:
https://brainly.com/question/11493725
#SPJ11
The purchasing power of the $20 bill increases over time due to inflation. Group of answer choices :a. True b. False
In the following question, among the given options, the statement is said to be True, Inflation is an economic phenomenon where the general price level of goods and services increases over time.
The purchasing power of the dollar, in general, decreases over time due to inflation. The purchasing power of the $20 bill decreases over time because it can buy fewer goods and services than it did in the past. Therefore, the statement "The purchasing power of the $20 bill increases over time due to inflation" is false. Instead, it should be "The purchasing power of the $20 bill decreases over time due to inflation." So, the correct option is (a) True.
For more such questions on Inflation
https://brainly.com/question/8149429
#SPJ11
What can company in the construction industry do to improve the
Sustainability of their companies?
There are several steps a company in the construction industry can take to improve the sustainability of their operations:
Adopt sustainable building practices: Construction companies can prioritize the use of sustainable building materials, including recycled or reclaimed materials, and low-emission products. They can also implement energy-efficient design features and practices, such as utilizing renewable energy sources and improving insulation.Reduce waste: Construction generates a significant amount of waste, so companies can implement strategies to reduce waste, such as recycling and reusing materials, reducing packaging, and optimizing the use of resources.Develop a sustainability policy: A sustainability policy sets out the company's sustainability goals and how they plan to achieve them. This policy can include measures to reduce the company's carbon footprint, such as reducing emissions from transportation and operations.Invest in sustainability training: By providing sustainability training to their employees, companies can ensure that everyone is aware of the importance of sustainability and how to integrate sustainable practices into their work.Collaborate with suppliers and clients: Construction companies can work with suppliers and clients to identify and implement sustainable solutions. They can also collaborate with local communities to support sustainable development projects.Monitor and report progress: To measure progress towards sustainability goals, companies can track their resource consumption, waste production, and carbon emissions. By reporting progress publicly, companies can demonstrate their commitment to sustainability and encourage others in the industry to follow suit.By taking these steps, construction companies can improve their sustainability and contribute to a more sustainable future for everyone.
Learn more about construction industry
https://brainly.com/question/16791320
#SPJ11
The '% of total sales from products introduced in the last 12 months' is a metric used to monitor.....a. Demand flexibilityb. Customer Servicec. Product developmentd. Internal efficiencyPlease let me know the correct option only, I do not need an explanation.
The ‘% of total sales from products introduced in the last 12 months’ is a metric used to monitor product development. The correct option is c.
This metric helps to track the success of newly launched products in terms of the proportion of sales it contributes to the total sales in a given time period. This can be a helpful tool for assessing the efficacy of product development, providing insights into how well the company is adapting to changes in consumer demand. Additionally, this metric can be used to determine the level of innovation within the company, and how well it is responding to customer needs.
A company may utilize this metric to evaluate the strength of its product development strategies by measuring the revenue that arises from products introduced in the past 12 months. This metric will provide insight into whether or not the product development department is delivering the desired outcomes by producing new and profitable products.
Furthermore, this metric helps businesses in their product portfolio planning, identifying areas of opportunity, and developing marketing strategies to target specific customer groups. By understanding the percentage of total sales generated by new products, companies may determine the amount of revenue they may generate from new product lines and, as a result, the expected return on investment.
Thus, the percentage of total sales from products introduced in the last 12 months is a critical metric utilized by businesses to monitor their product development and assess the effectiveness of their new product development strategies.
For more such questions on Product development.
https://brainly.com/question/16529144#
#SPJ11
Truck and Trailer.
You recently were hired as a Logistics Specialist for a Warehouse. Your manager, who just purchased a new pick up truck – Chev Silverado 1500 and utility trailer approaches you and asks for you advise. The Manager needs to move a load of landscape material this weekend for his own use and he has also been asked by the VP of operations to move a fridge. The VP of operations told your manager that he would pay him $150.00 for moving the fridge.
Truck is a Chev Silverado 1500
Trailer is a dual axle 3.5 ton per axle utility trailer. It weighs 1200lbs.
What is your advice to the Manger?
Things to consider?
Vehicle weight
Load weight
Total weight of truck, trailer and load
Who needs a CVOR
The manager should also consider factors such as distance and route of the transport, weather conditions, and any potential safety hazards along the way.
What is a manager?A manager is a person who is responsible for planning, organizing, directing, and controlling the activities of a group of individuals or an organization to achieve specific goals and objectives. Managers are employed in various industries and sectors, including business, government, non-profit organizations, and education. The role of a manager varies depending on the organization, but common responsibilities include setting goals and objectives, developing strategies, allocating resources, supervising staff, assessing performance, and making decisions. Managers must possess excellent communication, leadership, and interpersonal skills to effectively manage teams and foster a positive work environment. Successful managers also possess analytical and problem-solving skills to address challenges and make informed decisions. They must stay up-to-date with industry trends and developments to adapt to changing circumstances and stay competitive.
To learn more about manager, visit:
https://brainly.com/question/28444311
#SPJ1
E6.8 A small motel operation with 50 rooms has an average yearly occupancy rate of 74%. The forecasted sales revenue for the coming year is $842,712. What is the average room rate expected to be?
The average room rate expected to be at a small motel operation with 50 rooms having an average yearly occupancy rate of 74% and the forecasted sales revenue for the coming year is $842,712 is $96.5.
It is given that Number of rooms = 50, Average yearly occupancy rate = 74%, and Forecasted sales revenue = $842,712. Let the average room rate be x. Now, we can write the expression for room revenue as;
Room revenue = Number of rooms * Average yearly occupancy rate * Average room rate
Amount earned = 50 * 74/100 * x = 37 * 37x/50
Given, Forecasted sales revenue = $842,712. But, Amount earned = Room revenue = 37 * 37x/50.
Therefore, 37 * 37x/50 = 842,712
Simplifying this equation, we get;
x = 842,712 * 50 / (37 * 37)x = 96.5
Therefore, the average room rate expected to be is $96.5.
Learn more about Occupancy rate:
https://brainly.com/question/29772715
#SPJ11
You were hired as a consultant to Kingsley Company, whose target capital structure is 40% debt, 10% preferred, and 50% common equity. The interest rate on new debt is 7. 00%, the yield on the preferred is 6. 00%, the cost of retained earnings is 10. 50%, and the tax rate is 40%. The firm will not be issuing any new stock. What is Quigley's WACC? 6. 72% 7. 68% 8. 20% 7. 53% 6. 45%
With target capital structure is 40% debt, 10% preferred, and 50% common equity Quigley's WACC will be 7.53%
The cost of debt after taxes is equal to 0.07 times the tax rate, 0.07 times the tax rate and a quarter, 0.07 times the tax rate and a half, 0.07 times the tax rate and a sixth, 0.042 times the tax rate and a quarter, or 4.2%. WACC = Respective charges *WACC = (4.2*0.4) + (0.1*6) + (0.5*10.5), WACC = 1.68 + 0.6 + 5.25, and WACC = 7.53%, respectively, for weights of 40% debt, 10% preferred, and 50% common stock. The weighted average cost of capital (WACC) is a company's net after-tax cost of capital from all sources, such as common stock, preferred stock, bonds, and other forms of debt. The typical interest rate a company plans to pay to finance its assets is known as the WACC.
To learn more about WACC refer here:
https://brainly.com/question/14223809
#SPJ4
In my opinion, a significant number of firms do not take full advantage of Public Relations (PR) opportunities - it is often overlooked. Why is that? What causes firms to not use PR to its fullest extent? I'm wondering what your thoughts are on this one. What is an example of a product, good or service, that could significantly benefit from the use of Public Relations and what PR tool(s) should be used?
Many firms do not use Public Relations to its fullest extent due to a lack of understanding of its potential benefits and how to effectively execute PR strategies.
Public Relations (PR) is often an overlooked tool in a company's marketing and communication arsenal. This is mainly because many firms do not understand how to effectively leverage PR to achieve their goals. PR can be a powerful tool for building brand awareness, credibility, and reputation. However, firms may also neglect PR due to limited resources or lack of expertise in this area.
One example of a product that could significantly benefit from the use of PR is a new tech gadget. PR tools such as press releases, media pitches, and influencer outreach can help create buzz and generate interest in the product. PR can also help position the company as a thought leader in the industry, which can lead to greater credibility and a more positive public perception.
Learn more about Public Relations https://brainly.com/question/943156
#SPJ11
what is an encumbrance? unset starred question a bad neighborhood a defect found during inspection a defect on a title that can be monetary or physical anything that affects the marketability of a property
An encumbrance is anything that affects the marketability of a property.
An encumbrance is anything that affects the marketability of a property. It can be a monetary or physical defect on a title that diminishes the value or usefulness of a property, making it difficult to sell or transfer.In simpler terms, it is a right or claim on a property that limits its use or transferability. Encumbrances can be created by legal agreements, such as leases or mortgages, or by circumstances such as liens or easements. An encumbrance may be placed on a property by a creditor, a local authority or a property owner.The most common types of encumbrances are liens, easements, and restrictions. A lien is a claim on a property by a creditor, such as a mortgage or a tax lien. An easement is a right to use someone else's property for a specific purpose, such as a right-of-way to access a property or a utility easement for power lines. A restriction is a limitation on the use of a property, such as zoning laws or building codes.Encumbrances can significantly affect the marketability of a property. They may make a property less desirable to buyers or limit its potential uses. When buying or selling property, it is important to investigate any potential encumbrances to avoid any surprises and ensure a smooth transaction.Learn more about transactions: https://brainly.com/question/1016861
#SPJ11
an increase in the unemployment rate will shift the production possibilities frontier to the right. true false
"An increase in the unemployment rate will not shift the production possibility frontier to the right" is false. Instead, it will shift it to the left.
The production possibility frontier, also known as the production possibility curve, is a graphical representation of the maximum amount of two commodities that a country can produce with the same resources and technology. The production possibility frontier is used to show the relationship between two commodities and the maximum production possibility that a country can achieve.
The unemployment rate is the percentage of unemployed individuals who are willing and able to work but are unable to find work. It is calculated by dividing the number of unemployed individuals by the number of individuals in the workforce. The effect of an increase in the unemployment rate on the production possibility frontier is given below:
The production possibility frontier will shift to the left if there is an increase in the unemployment rate. The reason for this is that unemployment indicates that there are unused resources in the economy. This means that the economy is not utilizing its resources efficiently. As a result, the production possibility frontier will shift to the left to reflect the decrease in the maximum amount of output that the economy can produce with the same resources and technology.The statement is false, as the unemployment rate is expected to have an adverse impact on the economy, as reflected by the movement of the production possibility frontier.
Learn more about "Unemployment"; https://brainly.com/question/18991075
#SPJ11
If a company goes bankrupt and its assets are auctioned off, the
amount realized is the book value of the firm.
True
False
The given statement " If a company goes bankrupt and its assets are auctioned off, the amount realized is the book value of the firm" is False
When a company goes bankrupt and its assets are auctioned off, the amount realized is not necessarily the book value of the firm. The actual amount realized from selling the assets can be higher or lower than the book value, depending on market conditions and other factors. In many cases, the amount realized from selling the assets of a bankrupt company is less than the book value of the firm.
This is because the book value of the company's assets is based on their historical cost, which may be much higher than their current market value. In addition, there may be other factors that reduce the amount realized from selling the assets, such as legal fees, taxes, and other expenses associated with the bankruptcy process.
However, in some cases, the amount realized from selling the assets of a bankrupt company can be higher than the book value of the firm. This can happen if the assets are in high demand or if there is a bidding war among potential buyers. In any case, the amount realized from selling the assets is not necessarily equal to the book value of the firm.
Know more about bankruptcy process here:
https://brainly.com/question/28444189
#SPJ11
fill in the blank. claudia and yves enter into contract for her to buy his condo. the written contract must___, identify the subject matter of the contract, and present the essential terms and conditions of the contract.
The written contract must be signed by both parties, identify the subject matter of the contract, and present the essential terms and conditions of the contract.
A contract is a legally binding agreement between two or more parties. In order for a contract to be enforceable, it must meet certain requirements.
One of these requirements is that the contract must be signed by both parties. This ensures that both parties have agreed to the terms and conditions of the contract and are legally bound to fulfill their obligations under the contract.
In addition to being signed by both parties, the contract must also identify the subject matter of the contract and present the essential terms and conditions of the contract. This ensures that both parties have a clear understanding of what the contract entails and what is expected of them.
In summary, a written contract must be signed by both parties, identify the subject matter of the contract, and present the essential terms and conditions of the contract in order to be enforceable.
For more similar questions on contract
brainly.com/question/17260213
#SPJ11
Exercise 6-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs [LO6-1, LO6-4]Miller Company’s contribution format income statement for the most recent month is shown below:Total Per UnitSales (42,000 units) $ 294,000 $ 7.00 Variable expenses 168,000 4.00 Contribution margin 126,000 $ 3.00 Fixed expenses 46 ,000 Net operating income $ 80,000 Required:(Consider each case independently):1. What is the revised net operating income if unit sales increase by 14%?2. What is the revised net operating income if the selling price decreases by $1.40 per unit and the number of units sold increases by 24%?3. What is the revised net operating income if the selling price increases by $1.40 per unit, fixed expenses increase by $10,000, and the number of units sold decreases by 7%?4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 13%?1 Net Operating Income 2 Net Operating Income 3 Net Operating Income 4 Net Operating Income
Net Operating Income, or NOI for short, is a formula used by real estate professionals to rapidly determine the profitability of a certain investment.
What is the NOI formula?NOI = Gross Income -Operational Costs. For example, suppose you own a duplex with a monthly gross revenue of $2,000 and monthly operational expenditures of $400. Take your yearly gross income ($24,000) and remove your operating expenditures ($4,800) to obtain your net operating income.
1 Net operating income 97,640
2 Net operating income 37,328
3 Net operating income 115,864
4 Net operating income 59966
Total Per unit
sales ( 47880 units X 7) 335160 7
variable expenses 191520 4
Contribution margin 143640 3
Fixed expenses 46000
Net operating income 97640
Total Per unit
sales ( 52080 units X 5.6) 291648 5.6
variable expenses 208320 4
Contribution margin 83328 1.6
Fixed expenses 46000
Net operating income 37328
Total Per unit
sales ( 39060 units X 8.4) 328104 8.4
variable expenses 156240 4
Contribution margin 171864 4.4
Fixed expenses 56000
Net operating income 115864
Total Per unit
sales ( 36540 units X 7.7) 281358 7.7
variable expenses 175392 4.8
Contribution margin 105966 2.9
Fixed expenses 46000
Net operating income 59966
Learn more about Net Operating Income
https://brainly.com/question/28524695
#SPJ1
The discovery process is one of the most significant steps in civil litigation procedure in Ontario. Give and explain three reasons why the discovery process is critical and significant based on the material studied in business law.
The discovery process is a crucial step in civil litigation procedure in Ontario for several reasons.
Firstly, it allows both parties to obtain relevant information and evidence from each other before trial. This can help in evaluating the strengths and weaknesses of the case and may lead to settlement.
Secondly, it promotes transparency and fairness in the litigation process by ensuring that all parties have access to the same information. Lastly, discovery can help to prevent surprises at trial by allowing parties to anticipate and prepare for the opposing side's evidence and arguments.
Overall, the discovery process is critical to ensuring that litigation is conducted fairly and efficiently, and that parties have a fair opportunity to present their case.
For more questions like Discovery click the link below:
https://brainly.com/question/13865556
#SPJ11
Corrigan Corporation's December 31 Balance Sheets Assets 2021 2020 Cash $72,000 $65,000 Accounts receivable 439,000 328,000 Inventories 894,000 813,000 Total current assets $1,405,000 $1,206,000 Land and building 238,000 271,000 Machinery 132,000 133,000 Other fixed assets 61,000 57,000 Total assets $1,836,000 $1,667,000 Liabilities and equity Accounts payable $80,000 $72,708 Accrued liabilities 45,010 40,880 Notes payable 476,990 457,912 Total current liabilities $602,000 $571,500 Long-term debt 399,688 258,898 Common stock 575,000 575,000 Retained earnings 259,312 261,602 Total liabilities and equity $1,836,000 $1,667,000 Corrigan Corporation's December 31 Income Statements 2021 2020 Sales $4,240,000 $3,635,000 Cost of goods sold 3,680,000 2,980,000 Gross operating profit $560,000 $655,000 General admin. and selling expenses 303,320 297,550 Depreciation 159,000 154,500 EBIT $97,680 $202,950 Interest 67,000 43,000 EBT $30,680 $159,950 Taxes (25%) 7,670 39,988 Net income $23,010 $119,963 Per-Share Data 2021 2020 EPS $1.00 $5.22 Cash dividends $1.10 $0.95 Market price (average) $12.34 $23.57 P/E ratio 12.33 4.52 Number of shares outstanding 23,000 23,000 Once we have this information set, we can calculate the necessary ratios for this analysis. Ratio Analysis 2021 2020 Industry Avga Liquidity Current ratio 2.7 Asset Management Inventory turnoverb 7.0 Days sales outstandingc 32 Fixed assets turnoverb 13.0 Total assets turnoverb 2.6 Profitability Return on assets 11.4% Return on equity 18.2% Return on invested capital 14.5% Profit margin 4.4% Debt Management Debt-to-capital ratiod 50.0% Market Value P/E ratio 6.0 M/B ratio 1.5 a Industry average ratios have been constant for the past 4 years. b Based on year-end balance sheet figures. c Calculation is based on a 365-day year. d Measured as (Short-term debt + Long-term debt)/(Short-term debt + Long-term debt + Common equity). a. Assess Corrigan's liquidity position, and determine how it compares with peers and how the liquidity b. Assess Corrigan's asset management position, and determine how it compares with peers and how its asset management efficiency has changed over time. c. Assess Corrigan's debt management position, and determine how it compares with peers and how its debt management has changed over time. d. Assess Corrigan's profitability ratios, and determine how they compare with peers and how its profitability position has changed over time. e. Assess Corrigan's market value ratios, and determine how its valuation compares with peers and how it has changed over time. Assume the firm's debt is priced at par, so the market value of its debt equals its book value.
Corrigan Corporation's liquidity and debt management positions are slightly weaker than its peers, while its asset management and profitability positions are better. Its market value ratios have declined compared to the previous year.
What does "profitability" mean to you?The difference between a company's revenue and expenses determines its profitability. More effective businesses will make more money as a percentage of their expenses.
What kinds of profitability are there?The many measurements of profit margin, return on assets (ROA), and return on equity are a few examples of profitability ratios that are frequently used (ROE). Others include return on capital employed (ROCE) and return on invested capital (ROIC) (ROCE).
To know more about Corporation visit:
https://brainly.com/question/14656092
#SPJ1
create a list of five such applications and the specific industries/businesses they are impacting. describe how blockchain is changing those industries or businesses.
A list of five such applications and the specific industries/businesses, Blockchain are impacting are: Supply chain management, Healthcare, Banking and finance, Energy & Real estate.
1. Supply chain management: Blockchain is revolutionizing supply chain management by providing an immutable, transparent, and secure database for tracking goods, services, and financial transactions.
2. Healthcare: Blockchain is enabling healthcare providers to securely store and exchange medical records, allowing for faster and more efficient coordination of care.
3. Banking and finance: Blockchain is being used to create digital ledgers and facilitate automated banking transactions, which has greatly increased the speed and security of financial transactions.
4. Energy: Blockchain is being used to create decentralized energy markets, which provide secure and transparent energy trading and peer-to-peer energy sharing.
5. Real estate: Blockchain is being used to create more efficient property title registration and verification processes, which has streamlined the purchase and sale of real estate.
Therefore, Blockchain is impacting Supply chain management, Healthcare, Banking and finance, Energy & Real estate industries/businesses.
For more such questions on Blockchain.
https://brainly.com/question/17462770#
#SPJ11
Adeline is 65 years old and has saved $200,000 in her pension, if she retires now, how much is her monthly pay cheque from the pension? Assume her life expectancy is 90 and today the prevailing monthly interest rate is 1%.
Adeline's monthly pay cheque from her pension is $1,394.03.
To calculate Adeline's monthly pay cheque from her pension, we can use the present value formula:
[tex]PV = P * ((1 - (1 + r)^-n) / r)[/tex]
Where PV is the present value of the pension, P is the monthly payment, r is the monthly interest rate, and n is the total number of months Adeline is expected to live in retirement.
First, we need to calculate n, which is the number of months from age 65 to age 90 (her life expectancy). That is:
n = (90 - 65) * 12 = 300
Next, we need to calculate the present value of Adeline's pension, which is the amount she has saved in her pension:
PV = $200,000
Finally, we can plug in these values into the present value formula and solve for P:
$200,000 = [tex]P * ((1 - (1 + 0.01)^-300) / 0.01)[/tex]
Solving for P, we get:
P = $1,394.03
Therefore, Adeline's monthly pay cheque from her pension is $1,394.03.
Learn more about interest rate:
https://brainly.com/question/25720319
#SPJ11
Which one of the following is not an example of a non-insurance transfer of risk?
a. Incorporation
b. Waiver or hold harmless agreement
c. Building lease
d. Contracting services from a third party
e. All of these are correct
One of the following is not an example of a non-insurance transfer of risk is a. Incorporation
A non-insurance transfer of risk is a risk management technique that allows risks to be transferred without the use of insurance. Risk management is a system of identifying, evaluating, and mitigating risks that could have an impact on an organization's operations. The aim of risk management is to minimize the negative impact of risks on a company's operations. Risk transfer is a risk management technique in which risks are transferred to another party in order to minimize their impact on a company. Non-insurance transfer is a way of transferring risk without the use of insurance.
Incorporation is not a non-insurance transfer of risk, and it is not a way of transferring risk. Building lease, contracting services from a third party, waiver or hold harmless agreement, and other methods are examples of non-insurance transfers of risk. Incorporation is a business structure that allows a company to be a separate legal entity from its owners. It is not a risk transfer method, but rather a method of structuring a company's operations. Incorporation is not an example of a non-insurance transfer of risk, the correct option is option A) Incorporation.
Learn more about risk transfer at:
https://brainly.com/question/12308375
#SPJ11
The value of the Australian dollar (A$) today is $0.72/A$.
Yesterday, the value of the Australian dollar was $0.69/A$. What is
the percentage change in the Australian dollar?
4.35% is the Australian dollar's change in percentage as a result.
What is one US dollar worth?4 quarter, 10 quarters, 20 nickels, 100 pennies, or even 1,000 millimeters are equal to one US dollar. The $1 coin is also known as a "buck," and the $10 bill is called a "eagle" in everyday speech. The terms for the dime, nickel, and penny have never been formally established, despite the fact that they are extremely widespread in the United States.
The following formula can be used to determine the Australian dollar's percentage change:
(((new value - old value) / old value) x 100%) is the formula for percentage change.
In this instance, the former value was $0.69/A$, whereas the new value is $0.72/A$. When we enter these values into the formula, we obtain:
Percentage change is equal to (($0.72/A$ - $0.69/A$) / $0.69/A$) x 100% percentage change is equal to (($0.03/A$ - $0.69/A$) x 100% percentage change is equal to 4.35%
4.35% is the Australian dollar's change in percentage as a result.
To Know more about Australian dollar's Visit:
brainly.com/question/29771365
#SPJ1
A large public utilities company approaches Accenture about an enterprise platform. The company's business functions are currently split across multiple older legacy systems, and the company wishes to improve the efficiency of its overall operations. How can Accenture's IPS help the client?
Accenture's Integrated Platform Services (IPS) can help the client by consolidating and integrating its legacy systems, improving user experiences and optimizing business processes.
IPS leverages digital technologies such as the cloud, analytics, automation, and AI to provide a unified and efficient platform for the client’s business functions.
By utilizing Accenture's IPS, the client can streamline its operations and increase the scalability of its business. The IPS platform also allows the client to provide a personalized customer experience, as well as uncover new insights and business opportunities.
The following are the elements that make up the Intelligent platform: core stages, cloud, advanced, IoT, AI, security, and New IT. The platform discovered that the level of industry expertise and in-depth development helped with the incorporation of recent data.
For such more question on Accenture's Integrated:
https://brainly.com/question/29762894
#SPJ11
The consumer price index (CPI) is an indicator of which of the following?
Group of answer choices
The level of inflation or deflation
The presence of a budget deficit or surplus
The size of an economy
The physical condition of money
The consumer price index (CPI) is an indicator of The level of inflation or deflation
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. It is used as an indicator of inflation or deflation in an economy. The CPI is calculated by comparing the prices of a fixed basket of goods and services over time. The basket includes various goods and services such as food, clothing, housing, medical care, and transportation, among others.
The CPI is widely used by policymakers, economists, and investors as a gauge of inflation in an economy. It is an important tool for measuring changes in the cost of living and is used to adjust salaries, wages, and other payments for inflation. The Federal Reserve, for example, closely monitors the CPI when making decisions about monetary policy, including setting interest rates.
learn more about Consumer Price Index here:
https://brainly.com/question/12988188
#SPJ1
You have saved$3,000for a down payment on a new car. The largest monthly payment you can afford is$350. The loan will have a15%APR based on end-of-month payments. What is the most expensive car you can afford if you finance it for 48 months? Do not round intermediate calculations. Round your answers to the nearest cent.
Now we can solve for PV by entering the values:
PV = $350 x [(1 - (1 + 0.0125)^(- 48))/0.0125] = $14,852.64
So the most costly vehicle you can bear with a $3,000 initial investment and $350 regularly scheduled installments for a long time at 15% APR is $14,8.
What is Initial Investment?The amount of money invested or spent to launch a project or venture is referred to as the initial investment. It is the cost of acquiring the assets and resources needed to begin the project, including costs for overhead, labor, equipment, and materials. The feasibility and profitability of a project are heavily influenced by the initial investment, so it is critical to accurately estimate and control these costs to ensure project success. The underlying venture is frequently contrasted with the normal return or future incomes of the undertaking to assess its benefit.
To know more about Profitability, visit:
https://brainly.com/question/29987711
#SPJ1
what is the advantages that a multi national companies does to the host country?
Answer:
Transfer of skills and expertise, helping to develop the quality of the host labour force. MNCs add to the host country GDP through their spending, for example with local suppliers and through capital
Answer:Transfer of skills and expertise, helping to develop the quality of the host labour force. MNCs add to the host country GDP through their spending, for example with local suppliers and through capital
Wk 3 Assessment Prep: Financial Report Homework Content Continue your work with the company you selected in Week 1. In preparation for the Week 4 Summative Assessment, research your company’s financial reports from the past fiscal year, along with the market conditions from that same year. In a 1- to 2-page chart, compare your company’s current financial reports with the market conditions from the previous fiscal year. Focus on interest rates, Federal Reserve Bank monetary policy changes, or other market conditions relevant to the company you selected. Submit your chart.
Interest rates, changes in the Federal Reserve Bank's monetary policy, and other pertinent market circumstances Financial reports are compared with market circumstances from the preceding fiscal year. Income, net profit.
What does the word market mean?A market is a location wherein sellers and buyers get together to exchange goods and services. Markets might be real-world, like a physical store, or digital, like an online merchant.
How is a market created?Making a market is being prepared to trade the security with a counterparty by putting forward a solid offer to buy and bid to sell. Market makers accept orders from buyers and then sell the shares from their stock to fill the order after displaying buy and sell quotations for a preset share count.
To know more about market visit:
https://brainly.com/question/13414268
#SPJ1
For your Week 7 Assignment, you will view a podcast discussion about project management as follows: Project schedules, estimate \& resource challenges - Podcast \# 38 with Sheila Chu After watching the discussion, identify one significant idea or concept that was discussed. For this idea or concept, analyze it as follows: - Step 1 (What?): What did you notice / what stood out? (salient point of theme) - Describe the idea or concept fully. Ensure that it is a significant idea or concept and not something trivial. It should be something that was new to you or interesting in some way. - You must include a direct quote of the exact words spoken during the podcast and provide appropriate APA references including the timestamp of your quote. See the section below entitled APA Referencing Guidelines below. - Step 2 (Relates to what?): What course learning does this relate to? - Relate this to the course content - that is, identify the relevant project management theory from the course textbook. - You must include a direct quote from the course textbook (Understanding Project Management) and provide appropriate APA referencing including the page number of the quote. See the section below entitled APA Referencing Guidelines below. - You may not reference another source - that is, do not reference a website or other material. - Step 3 (So what?): So what insights or conclusions can you draw? - Describe what this means to you. for example: - What are your insights? - What can be concluded? - How might this change or affect what you would do in future? - Your insight needs to be more than "I learned this concept". You need to include some original thought here - strive for a more insightful conclusion. As a reminder, you need to identify one significant idea or concept. Including multiple ideas or concepts results in a lower mark. Your answer must include each of the three steps, Please organize these steps either in an ordered or unordered list for clarity.
1. What: The significant idea or concept discussed in the podcast is the importance of managing project schedules and resources effectively to ensure project success.
According to Sheila Chu, "You have to be able to manage the time, the resources, and the people. You need to be able to estimate well and to plan well, and then you have to execute against that plan" (Chu, 2021, 15:35).2. Relates to what: This concept relates to the course content on project planning and scheduling as discussed in the textbook "Understanding Project Management." As the textbook notes, "Project planning and scheduling are the foundation for successful project management. Planning involves determining what work needs to be done and when, while scheduling is about allocating the necessary resources to complete the work" (Larson & Gray, 2021, p. 168).
3. So what: The importance of managing project schedules and resources effectively cannot be overstated. By doing so, project managers can ensure that projects are completed on time, within budget, and to the satisfaction of stakeholders. My insight from this concept is that project managers need to focus not only on project deliverables but also on the means of achieving them. In conclusion, effective project management requires careful planning and scheduling,
What is project management about?Project management is the process of planning, organizing, and controlling resources (people, time, budget, and materials) to achieve specific goals and objectives within a defined scope.
Effective project management requires a strong understanding of project scope, stakeholders, risk management, communication, and project scheduling.
Therefore, Project management can be applied to a wide range of industries and fields, including construction, information technology, healthcare, and finance.
APA Referencing Guidelines:
Chu, S. (2021, February 11). Project schedules, estimate & resource challenges - Podcast #38 with Sheila Chu [Audio podcast episode]. In Manage This. The Project Management Podcast. https://www.velociteach.com/2021/02/podcast-38/
Larson, E. W., & Gray, C. F. (2021). Understanding project management: An integrated approach (7th ed.). Wiley.
Learn more about project management from
https://brainly.com/question/6500846
#SPJ1
Which of these measurements could be the measurements for a D size drawing
Calculate the scale factor and the missing measurements using the original figure's measurements and the scale drawing. the scale is.
Which of these measures could be used to create a drawing that is D size?D-size paper is available in two different sizes: 22" x 34" for engineering drawings and 24" x 36" for architectural designs (or 609.6 x 914.4 millimeters) (or 558.8 x 863.6 millimeters). Of course, there are several sizes of drawing paper.
When redecorating or looking for that one piece of furniture to fill a void, floor plans that have been scaled are the ideal guidance. Drawing your room out to scale will help you better visualize your design ideas if you're having trouble doing so.give you a cool blueprint, please. A pencil, paper, and a tape measure are all you need to get started on creating an accurate drawing.
To know more about measurements visit:-
https://brainly.com/question/18330756
#SPJ1
The complete question is:
Which of these measurements could be the measurements for a D size drawing?