Pacifica Papers Inc. needed to conserve cash, so instead of a cash dividend the board of directors declared a 5% common share dividend on June 30, 2020, distributable on July 15, 2020. Because performance during 2020 was better than expected, the company's board of directors declared a $0.95 per share cash dividend on November 15, 2020, payable on December 1, 2020, to shareholders of record on November 30, 2020. The equity section of Pacifica's December 31, 2019, balance sheet showed: Common shares, unlimited shares authorize shares issued and outstanding Retained earnings $7,310,000 2,800,000 Required: 1. Journalize the declaration of the share dividend. The market prices of the shares were $17.90 on June 30, 2020, and $19.90 on July 15, 2020. Assume share dividends account is used when dividends are declared. Answer is complete and correct. No General Journal Debit Credit No | 1 Date June 30, 2020 760,7501 Share dividends Common share dividends distributable 760,750 2. Journalize the declaration of the cash dividend. Assume share dividends account is used when dividends are declared. Answer is not complete. Debit Credit No 11 Date General Journal November 15, 202 Cash dividends Common shares dividends payable 3. Prepare the equity section of the balance sheet at December 31, 2020, assuming profit earned during the year was $2,730,000. Answer is not complete. PACIFICA PAPERS INC. Equity Section of Balance Sheet December 31, 2020 Contributed capital: Common shares, unlimited shares authorized, 892,500 shares issued and outstanding Retained earnings Total equity 0

Answers

Answer 1

The market price of the shares on June 30, 2020, was $17.90.

1. To journalize the declaration of the share dividend on June 30, 2020:

Date: June 30, 2020
Debit: Share Dividends - $760,750
Credit: Common Share Dividends Distributable - $760,750

The market price of the shares on June 30, 2020, was $17.90.

2. To journalize the declaration of the cash dividend on November 15, 2020:

Date: November 15, 2020
Debit: Cash Dividends - $847,375 ($0.95 * 892,500 shares)
Credit: Cash Dividends Payable - $847,375

3. To prepare the equity section of the balance sheet at December 31, 2020:

PACIFICA PAPERS INC.
Equity Section of Balance Sheet
December 31, 2020

Contributed Capital:
Common Shares, unlimited shares authorized, 892,500 shares issued and outstanding - $8,070,750 ($7,310,000 + $760,750)

Retained Earnings:
Beginning Retained Earnings - $2,800,000
Add: Profit earned during the year - $2,730,000
Less: Cash Dividends - $847,375
Ending Retained Earnings - $4,682,625

Total Equity:
Contributed Capital + Retained Earnings
$8,070,750 + $4,682,625 = $12,753,375

To know more about market price visit

https://brainly.com/question/17205622

#SPJ11


Related Questions

jim's contract with frank obligated jim to pay frank $10,000. frank properly assigns the contract to abel. at that time, abel notifies jim about the assignment. jim, however, forgets and pays the $10,000 to frank. by this time, abel is screaming for his money. however, by then, frank goes into bankruptcy. in this case: a. abel is out of luck because his notification was oral rather than written. b. jim is liable to abel not for the $10,000, but for his breach of the implied warranty that the assignor is solvent. c. jim is liable to abel for $10,000. d. abel is out of luck because jim performed his obligation by paying frank.

Answers

D, because Jim’s contract was with Frank and it was not Jim’s fault that he paid according to the contract. Since there was no written contract it is Able’s fault for not ensuring he got it in writing.

Carlton Company uses the percent of sales method to estimate its bad debt expense. Based on past experience, the company estimates 2 percent of credit sales to be uncollectible. At the end of the current year, the company's unadjusted trial balance shows Accounts Receivable of $245,000 and Credit Sales of $900,000 Prepare the necessary December 31 adjusting entry by selecting the account names from the drop-down menus and entering the dollar amounts in the debitor credit columns View transaction ist Journal entry worksheet Carlton Company uses the percent of sales method to estimate its bad debt expense.

Answers

The adjusting entry on December 31 includes debiting Bad Debt Expense for $18,000 and crediting Allowance for Doubtful Accounts for $18,000.

To prepare the necessary December 31 adjusting entry for Carlton Company using the percent of sales method to estimate its bad debt expense, follow these steps:


1. Calculate the estimated bad debt expense: Multiply the credit sales amount ($900,000) by the estimated uncollectible percentage (2%).
  $900,000 x 0.02 = $18,000


2. Create the journal entry: Debit the Bad Debt Expense account and credit the Allowance for Doubtful Accounts account for the calculated amount ($18,000).

Journal entry worksheet: Date: December 31
Account Name: Bad Debt Expense (Debit) , Amount: $18,000Account Name: Allowance for Doubtful Accounts (Credit) , Amount: $18,000

In summary, Carlton Company estimates its bad debt expense to be $18,000 based on the percent of expense method.

To know more about Bad Debt refer here:

https://brainly.com/question/30331259#

#SPJ11

MyHair, a maker of home hair color, has always offered cheaper versions of the leading brands. Now the company is investing heavily in the development of a product that will enable women to choose their own mixtures of color, conditioner, and shine agents, and allow the company to compete with the market leader’s customizable product. Based on this information, which of the following correctly describes MyHair’s market position?

Group of answer choices

Its current market position is unsustainable.
It is currently a follower, but is demonstrating the intention to become a challenger.
It is currently a challenger, but is demonstrating the intention to become a follower.
It is currently a nicher, but is demonstrating the intention to become a challenger.

Answers

MyHair's market position can be described as: It is currently a follower, but is demonstrating the intention to become a challenger.

Demonstrating refers to the act of showing or presenting something as evidence or proof. It can involve using visual aids, performing a task, or providing an explanation to help the audience understand the subject matter. Demonstrations are commonly used in educational settings, business presentations, and scientific experiments. For example, a science teacher might demonstrate the process of photosynthesis by using a model or performing an experiment in front of the class. A salesperson might demonstrate the features and benefits of a product to a potential customer. In general, demonstrating is an effective way to convey information, build credibility, and persuade others to adopt a particular point of view or take action.

Learn more about Demonstrating here:

https://brainly.com/question/29360620

#SPJ11

what two factors that played a prominent role in providing the foundation for the development of exercise science?

Answers

The two factors that played a prominent role in providing the foundation for the development of exercise science are physiology and physical education. Physiology, the study of how the body functions, allowed researchers to understand the physiological responses to exercise and the effects it has on the body.

Physical education, on the other hand, provided a practical application of exercise and allowed for the development of exercise programs and methods. These two fields combined created the basis for exercise science, which has now expanded to include areas such as biomechanics, nutrition, and psychology. The advancements in these fields have allowed for a better understanding of the benefits of exercise and how to optimize training programs for individuals to achieve their desired outcomes. Today, exercise science is a prominent and growing field, with a continued focus on understanding the science behind physical activity and improving human health and performance.The two prominent factors that played a crucial role in providing the foundation for the development of exercise science are the advancements in physiology research and the increasing awareness of the importance of physical fitness. These factors have significantly contributed to the growth and establishment of exercise science as a distinct field of study.

Learn more about science here

https://brainly.com/question/28416408

#SPJ11

: Potter has received a special order for 17,000 units of its product at a special price of $22. The product normally sells for $31 and has the following manufacturing costs:Direct materials $ 7 Direct labor 6 Variable manufacturing overhead 5 Fixed manufacturing overhead 8 Unit cost Per unit $26Potter is currently operating at full capacity and cannot fill the order without harming normal production and sales. If Potter accepts the order, what effect will the order have on the company's short-term profit? Potter is currently operating at full capacity and cannot fill the order without harming normal production and sales. If Potter accepts the order, what effect will the order have on the company's short-term profit? Multiple Choice $68,000 decrease$68,000 Increase585,000 Increase5153.000 decrease

Answers

If Potter accepts order, there will be $68,000 decrease (option a) on the company's short-term profit.

To determine the effect of accepting the special order on Potter's short-term profit, we'll calculate the difference in revenue and variable costs between the special order and the normal sales.

Step 1: Calculate the revenue and variable costs for the special order:
Revenue: 17,000 units * $22 = $374,000
Variable costs: (Direct materials + Direct labor + Variable manufacturing overhead) * 17,000 units = ($7 + $6 + $5) * 17,000 = $306,000

Step 2: Calculate the contribution margin for the special order:
Contribution margin = Revenue - Variable costs = $374,000 - $306,000 = $68,000

Step 3: Determine the effect on short-term profit:
Since Potter is operating at full capacity, accepting the special order will replace normal production and sales, which have a higher price per unit ($31). Therefore, the special order will result in a decrease in short-term profit.

The effect of accepting the special order on the company's short-term profit is a $68,000 decrease. The correct answer is $68,000 decrease.

Learn more about variable manufacturing overhead here: https://brainly.com/question/15696751

#SPJ11

Your company has net sales of $468,300 and average net receivables of $111,500 for the year. Which of the following statements is correct? (Round all calculations to one decimal place.)
A. The receivables turnover ratio is 4.2 and the days-to-collect is 0.01.
B. The receivables turnover ratio is 0.2 and the days-to-collect is 1,520.
C. The receivables turnover ratio is 4.2 and the days-to-collect is 86.9.
D. The receivables turnover ratio is 0.2 and the days-to-collect is 87.6.

Answers

The correct statement is C. The receivables turnover ratio is 4.2 and the days-to-collect is 86.9.

The receivables turnover ratio measures how many times a company collects its average accounts receivable balance during a period. It is calculated by dividing net sales by average accounts receivable. In this case, the receivables turnover ratio is:

468,300/111,500 = 4.2.

The days-to-collect represents the average number of days it takes for a company to collect its accounts receivable balance. It is calculated by dividing the number of days in a period by the receivables turnover ratio. In this case, the days-to-collect is:

365/4.2 = 86.9 days.

This means that on average, it takes the company 86.9 days to collect its accounts receivable balance. It is important to note that this is just an average and individual customer payment patterns can vary.

However, a lower days-to-collect ratio generally indicates that a company is collecting its accounts receivable more quickly, which can improve cash flow and financial health.

To know more about refer turnover ratio here

brainly.com/question/16447941#

#SPJ11

garcia co. owns equipment that costs $77,800, with accumulated depreciation of $44,800. garcia sells the equipment for cash. record the journal entry for the sale of the equipment if garcia were to sell the equipment for the following amounts: a. $47,000 cash b. $33,000 cash c. $30,000 cash if an amount box does not require an entry, leave it blank. a. - select - - select - - select - - select - - select - - select - b. - select - - select - - select - - select - c. - select - - select - - select - - select - - select - - select -

Answers

In this case, there is no gain or loss on the sale since the cash received c). $30,000 is less than the carrying value of the equipment ($33,000).

Carrying value

For the sale of equipment by Garcia Co. under different scenarios:

a. If the equipment is sold for $47,000 cash:

Cash is debited for $47,000.Accumulated Depreciation is credited for $44,800.Equipment is credited for $77,800.Gain on Sale of Equipment is credited for $24,000.

b. If the equipment is sold for $33,000 cash:

Cash is debited for $33,000.Accumulated Depreciation is credited for $44,800.Equipment is credited for $77,800.Loss on Sale of Equipment is debited for $4,000.

c. If the equipment is sold for $30,000 cash:

Cash is debited for $30,000.Accumulated Depreciation is credited for $44,800.Equipment is credited for $77,800.

In scenario, there is no gain or loss recorded since the cash received c). $30,000 is lower than the carrying value of the equipment ($77,800 - $44,800 = $33,000).

Learn more about carrying value: brainly.com/question/29820424

#SPJ11

47. If projected net cash flow for November is ($10,000); beginning cash balance is $4,000; minimum cash balance is $3,000; beginning loan balance is $8,000, what will be the cumulative loan balance at the end of November?
A. $14,000
B. $5,000
C. $17,000
D. $22,000

Answers

The cumulative loan balance at the end of November is $17,000. Option (c) is correct.

Cumulative loan balance = Net cash flow + Beginning cash balance + Cumulative cash balance - Loan repayment

Cumulative loan balance = (10,000) + 4,000+ (6,000) +9,000.

The amount of cash on hand on the last day of the month is known as the closing balance. The following equation is used to determine the Closing Balance: Opening Balance plus Total Income minus Total Expenditure equals Closing Balance.

Learn more about cumulative loan, here;

https://brainly.com/question/32087967

#SPJ12

Who is the leader in terms of getting feedback from the Key Stakeholders in the Sprint Review?

Answers

The Scrum Master is responsible for facilitating the Sprint Review and ensuring that feedback is obtained from the key stakeholders.

However, the whole Scrum Team should be involved in gathering and analyzing feedback from stakeholders to identify areas for improvement and potential changes to the product backlogIn Scrum, the Product Owner is responsible for gathering feedback from key stakeholders during the Sprint Review. The Product Owner then incorporates this feedback into the Product Backlog and works with the Scrum Team to adjust priorities and plan for the next Sprint. The Product Owner is the person ultimately responsible for the success of the product and ensuring that the stakeholders' needs are being met..

learn more about stakeholders here:https://brainly.com/question/30463383

#SPJ11

Which of the following statements is true?

a. Industry structure is fixed.
b. Foreseeing changes in the industry structure can lead to competitive advantage.
c. Technology is irrelevant to a five forces analysis.
d. Industry analysis is a tool for strategists, not for entrepreneurs.
e. Industry analysis is useful only within national boundaries.

Answers

Your answer: b. Foreseeing changes in the industry structure can lead to competitive advantage.

Competitive advantage refers to the unique set of strengths, resources, or capabilities that allow a business to outperform its competitors in the market. These advantages can be in the form of cost, differentiation, or niche market focus. A business with a competitive advantage can offer better products or services, higher quality, or more value to customers, which translates to increased market share, revenue, and profitability. Competitive advantages can come from a variety of sources, such as proprietary technology, intellectual property, economies of scale, superior distribution networks, strong brand reputation, or highly skilled employees. In today's highly competitive market, having a sustainable competitive advantage is crucial for businesses to achieve long-term success and growth.

Learn more about Competitive advantage here:

https://brainly.com/question/31367489

#SPJ11

Cloudy Plc. provides the following information: the overhead absorption rate per labor hour is £20 and the overhead absorption rate per machine hour is £15. One unit of the product A developed by Cloudy Plc. requires 8 hours of labor and 2.5 hours of machine. During the year, Cloudy Plc. absorbed £140,000 overheads but the actual fixed production overheads equal £100,000. Considering this information, which of the following statements is true? O a. None of the answers is true. O b. One hour of labour is less costly than one hour of machine in terms of overheads. O C. There is an over-absorption of overheads of £40,000 which creates an expense that decreases profit. O d. Product A should be sold for a price larger than £197.5.

Answers

The correct answer is option C. There is an over-absorption of overheads of £40,000 which creates an expense that decreases profit.

This is because the total overheads absorbed by Cloudy Plc. (£140,000) exceed the actual fixed production overheads (£100,000) by £40,000. This over-absorption creates an expense that decreases the profit of the company. Option B is not necessarily true as it depends on the specific costs of labor and machinery. Option D cannot be determined based on the given information.

Learn more about over-absorption https://brainly.com/question/14347194

#SPJ11

Base Case Rate 0.0325 # Years 30 #You are planning to purchase a condo that costs $480,000. You plan to put 20% down and borrow the remainder. Based on your credit score, you believe that you will pay 3.25% on a 30-year mortgage.Use function "PV" to calculate the loan amount given a payment of $1550 per month. What is the most that you can borrow? (Be sure that PV is the amount you borrow, not the cost of the house.)Use function "PMT" to calculate your mortgage payment.Use function "RATE" to calculate the interest rate given a payment of $1550 and a loan amount of $384,000.For each scenario, calculate the total interest that you will have paid once the mortgage is paid off. (There is not a function for this, enter the formula into the cell.)For each scenario, calculate the total cost of the home purchase. (Down payment plus principle (loan amount) plus interest.) (You will have to add some cells for this.)Assume that you plan to pay an extra $300 per month on top of your mortgage payment that you calculated in #2, calculate how long it will take you to pay off the loan given the higher payment. (Use the rate, PMT and PV from #2). Calculate how much interest you will pay in total. Compare this to the value that you calculated for #2

Answers

If an extra $300 is paid each month on top of the mortgage payment, the loan will be paid off in 15.54 years. The total interest paid with this additional payment is $137,019.38, which is significantly less than the interest paid without the extra payment.

Based on the given base case rate of 0.0325 and a loan term of 30 years, the loan amount that can be borrowed is $384,000. This can be calculated using the "PV" function with a payment of $1550 per month.

The monthly mortgage payment can be calculated using the "PMT" function, which gives a value of $1675.50. Using the "RATE" function with a payment of $1550 and a loan amount of $384,000, the interest rate is calculated to be 3.877%.

The total interest paid over the course of the mortgage is $234,180.89, and the total cost of the home purchase is $714,180.89 (including the down payment of $96,000). Therefore, paying extra each month can save thousands of dollars in interest over the life of the loan.

To know more about mortgage payment visit:

https://brainly.com/question/29157425

#SPJ11

121. Coaching as a training technique is seldom if ever done by the immediate manager or supervisor, but rather by the human resource department. True False

Answers

False. Coaching as a training technique can be conducted by the immediate manager or supervisor, as well as by the human resource department or external coaches. It is important for the development of employees and helps in enhancing their skills and performance.

Coaching depends on the organization's structure, size, and specific goals. In fact, coaching is often viewed as a critical leadership skill that managers and supervisors should possess to help their team members improve their skills, achieve their goals, and succeed in their roles. However, some organizations do have a dedicated HR department that provides coaching services to employees.

HR coaches may work with employees on a variety of topics, such as career development, conflict resolution, or performance improvement. HR coaches may also work with managers and supervisors to develop coaching skills and provide guidance on effective coaching practices. In summary, coaching can be done by both immediate managers or supervisors and the human resource department, and the decision on who provides coaching support often depends on the organization's specific needs and structure.

Learn more about employees, here:

brainly.com/question/27404382

#SPJ11

which of the following is the correct sequence of new product adopters in the diffusion of innovation curve?

Answers

The correct sequence of new product adopters in the diffusion of Innovation curve is as follows: Innovators, Early Adopters, Early Majority, Late Majority, and Laggards.

Innovators are the first to try new products and are willing to take risks, while Early Adopters are also willing to try new products but tend to be more cautious and wait for feedback from Innovators before adopting. The Early Majority is a larger group that adopts new products after they have been tried and tested by the Innovators and Early Adopters.

The Late Majority is more skeptical and adopts new products only after they have become mainstream. Finally, Laggards are the last to adopt new products and tend to be resistant to change. Understanding this sequence can help businesses plan their marketing strategies and target specific groups of consumers at each stage of the curve.

To know more about  Innovation curve ,refer to the link:

https://brainly.com/question/31559178#

#SPJ11

The diffusion of innovation curve follows the following sequence: innovators, early majority, early adopters, late majority, and laggards.

Solare Company acquired mineral rights for $252,000,000. The diamond deposit is estimated at 21,000,000 tons. During the current year, 3,450,000 tons were mined and sold. a. Determine the depletion rate. per ton b. Determine the amount of depletion expense for the current year, C. Journalize the adjusting entry to recognize the depletion expense. If an amount box does not require an entry, leave it blank, Dec. 31

Answers

The depletion rate per ton is $12; the depletion expense for the current year is $41,400,000; and, the adjusting entry can be journalized by including details of depletion expense (debit) and accumulated depletion (credit).

a. To determine the depletion rate per ton, you need to divide the total cost of the mineral rights by the estimated total tons of diamond deposit.

Depletion rate per ton = Total cost of mineral rights / Estimated total tons of diamond deposit
Depletion rate per ton = $252,000,000 / 21,000,000 tons
Depletion rate per ton = $12

b. To determine the amount of depletion expense for the current year, multiply the depletion rate per ton by the number of tons mined and sold during the current year.

Depletion expense for the current year = Depletion rate per ton * Tons mined and sold during the current year
Depletion expense for the current year = $12 * 3,450,000 tons
Depletion expense for the current year = $41,400,000

c. To journalize the adjusting entry to recognize the depletion expense on December 31, you need to debit the Depletion Expense account and credit the Accumulated Depletion account.

December 31
Depletion Expense (Debit) $41,400,000
Accumulated Depletion (Credit) $41,400,000

To learn more about depletion, visit: https://brainly.com/question/13106974

#SPJ11

Saskatewan Can Company manufactures recyclable soft-drink cans. A unit of production is a case of 12 dozen cans. The following standards have been set by the production-engineering staff and the controller. Direct Labor: Direct Material:Quantity, 0. 17 hour Quantity, 8 kilogramsRate, $8. 50 per hour Price, $0. 44 per kilogramActual material purchases amounted to 235,200 kilograms at $0. 500 per kilogram. Actual costs incurred in the production of 24,000 units were as follows:Direct labor: $42,960 for 4,800 hoursDirect material: $101,400 for 202,800 kilogramsRequired:Use the variance formulas to compute the direct-material price and quantity variances, the direct-material purchase price variance, and the direct-labor rate and efficiency variances. Indicate whether each variance is favorable or unfavorable. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for no effect (i. E. , zero variance). )

Answers

The direct-material price variance is unfavorable ($14,976), the direct-material quantity variance is unfavorable ($920,160), the direct-material purchase price variance is unfavorable ($14,976), the direct-labor rate variance is unfavorable ($2,160), and the direct-labor efficiency variance is favorable ($816).

To calculate the variances, we first need to calculate the standard costs for direct material and direct labor:

Standard cost for direct material = 8 kg x $0.44/kg = $3.52

Standard cost for direct labor = 0.17 hour x $8.50/hour = $1.445

a) Direct-material price variance:

Actual quantity purchased = 235,200 kg

Actual price = $0.500/kg

SP = $0.44/kg (standard price)

AQ = 235,200 kg (actual quantity)

AP = $0.500/kg (actual price)

Price Variance = (SP - AP) x AQ

Price Variance = ($0.44 - $0.50) x 235,200

Price Variance = -$14,976 (Unfavorable)

b) Direct-material quantity variance:

Actual quantity used = 202,800 kg

The standard quantity allowed = 24,000 units x 12 dozen cans per unit x 8 kg per dozen cans = 2,304,000 kg

SQ = 2,304,000 kg (standard quantity)

AQ = 202,800 kg (actual quantity)

SP = $0.44/kg (standard price)

Quantity Variance = (SQ - AQ) x SP

Quantity Variance = (2,304,000 - 202,800) x $0.44

Quantity Variance = $920,160 (Unfavorable)

c) Direct-material purchase price variance:

SP = $0.44/kg (standard price)

AQ = 235,200 kg (actual quantity)

AP = $0.500/kg (actual price)

Purchase Price Variance = (AP - SP) x AQ

Purchase Price Variance = ($0.50 - $0.44) x 235,200

Purchase Price Variance = $14,976 (Unfavorable)

d) Direct-labor rate variance:

Actual hours worked = 4,800 hours

Actual rate = $42,960/4,800 hours = $8.95/hour

SR = $8.50/hour (standard rate)

AH = 4,800 hours (actual hours)

AR = $8.95/hour (actual rate)

Rate Variance = (SR - AR) x AH

Rate Variance = ($8.50 - $8.95) x 4,800

Rate Variance = -$2,160 (Unfavorable)

e) Direct-labor efficiency variance:

Standard hours allowed = 24,000 units x 12 dozen cans per unit x 0.17 hour per dozen can = 4896 hours

AH = 4,800 hours (actual hours)

SH = 4,896 hours (standard hours)

SR = $8.50/hour (standard rate)

Efficiency Variance = (SH - AH) x SR

Efficiency Variance = (4,896 - 4,800) x $8.50

Efficiency Variance = $816 (Favorable)

Therefore, the direct-material price variance is unfavorable ($14,976), the direct-material quantity variance is unfavorable ($920,160), the direct-material purchase price variance is unfavorable ($14,976), the direct-labor rate variance is unfavorable ($2,160), and the direct-labor efficiency variance is favorable ($816).

Learn more about price variance at

brainly.com/question/14116780

#SPJ4

as the number of firms in an oligopoly market a. decreases, the price charged by firms likely decreases. b. increases, the market approaches the competitive market outcome. c. decreases, the market approaches the competitive market outcome. d. increases, the market approaches the monopoly outcome.

Answers

As the number of firms in an oligopoly market increases, the market approaches the competitive market outcome. Therefore, the correct option is B.

The reasoning behind this is that as more firms enter an oligopoly market, competition between the firms increases. This increased competition leads to a more competitive market outcome, which is characterized by lower prices and increased output. As the number of firms continues to increase, the market eventually resembles a perfectly competitive market, where there are many firms and no individual firm has significant market power.

Hence, the correct answer is option B: increases, the market approaches the competitive market outcome.

Learn more about Oligopoly market:

https://brainly.com/question/29852865

#SPJ11

"
"When a specific point in time, or level of production, is chosen and costs are developed for the various logistics cost centers, it is called
A. least cost analysis.
B. short run analysis.
C. cost center analysis.
D. link node analysis.

Answers

C. Cost center analysis

Cost center analysis is a process that involves breaking down the various costs associated with logistics activities into individual cost centers. This helps companies identify where their costs are coming from and develop strategies to reduce or optimize those costs.

To carry out cost center analysis, a specific point in time or level of production is chosen, and the costs associated with various logistics cost centers such as transportation, warehousing, and inventory management are developed. By analyzing these costs, companies can identify areas where they can make improvements, such as reducing transportation costs by optimizing routes or improving inventory management to reduce holding costs.

In short, cost center analysis is an essential tool for logistics managers to identify the sources of their costs and optimize their logistics operations to improve efficiency and reduce costs.

To know more about management:

https://brainly.com/question/28535677

#SPJ11

Answer the following questions based on the given data. (INCOME APPROACH) Components RM (million) Wages and salaries 500 Income form rent, dividend and interest 100 Profit 200 Transfer payment 100 Corporate tax 80 Depreciation 50 Private Investment 1000 Personal Income tax 20 Employee Provident Fund 50 Net factor income abroad 400 Calculate: (i) Gross Domestic Product (GDP) (ii) Gross National Product (GNP) (iii) National Income (NI)

Answers

i) Gross Domestic Product (GDP)= 1850 million. ii) Gross National Product (GNP)=2250 million iii) National Income (NI)=2070 million.

(i) Gross Domestic Product (GDP):
GDP = Wages and Salaries + Income from Rent, Dividend and Interest + Profit + Depreciation + Private Investment

GDP = 500 (Wages and Salaries) + 100 (Income from Rent, Dividend, and Interest) + 200 (Profit) + 50 (Depreciation) + 1000 (Private Investment)

GDP = 500 + 100 + 200 + 50 + 1000

GDP = 1850 million RM

(ii) Gross National Product (GNP):
GNP = GDP + Net Factor Income Abroad

GNP = 1850 (GDP) + 400 (Net Factor Income Abroad)

GNP = 1850 + 400

GNP = 2250 million RM

(iii) National Income (NI):
NI = GNP - Depreciation - Corporate Tax - Employee Provident Fund

NI = 2250 (GNP) - 50 (Depreciation) - 80 (Corporate Tax) - 50 (Employee Provident Fund)

NI = 2250 - 50 - 80 - 50

NI = 2070 million RM

In summary:
Gross Domestic Product (GDP) = 1850 million RM
Gross National Product (GNP) = 2250 million RM
National Income (NI) = 2070 million RM

Learn more about gross domestic product here: https://brainly.com/question/1383956

#SPJ11

you examine stock abnormal returns around earnings announcements. first, you focus on companies whose price dropped when they announced earnings. after collecting data for several companies and running statistical analyses, you obtain the following pattern in the average cumulative abnormal return for this sample of companies: is the above pattern consistent with the efficient market hypothesis relative to public information? explain your answer.

Answers

Based on the information provided, it seems that the pattern of average cumulative abnormal returns for companies whose stock price dropped after announcing earnings is not consistent with the efficient market hypothesis relative to public information

Understanding EMH

The efficient market hypothesis (EMH) states that stock prices always fully reflect all available information. In other words, there should be no patterns or abnormal returns in the stock market, as all public information is already incorporated into stock prices.

Based on the pattern observed in the average cumulative abnormal return for the sample of companies whose prices dropped upon announcing earnings, it is not consistent with the EMH.

If the market was efficient, the prices would have already factored in the expected earnings announcement, and there would be no discernible pattern in the returns.

However, the fact that there is a consistent drop in prices for this sample of companies implies that there is information that was not incorporated into the stock prices.

This could be due to investors underestimating the impact of the earnings announcement, or to the emergence of new information following the announcement.

In either case, the pattern observed suggests that the market is not completely efficient relative to public information.

Learn more about EMH at

https://brainly.com/question/28527156

#SPJ11

beginning inventory on january 1400$ 3.90 purchase on january 9904.10 purchase on january 251204.20 assume the periodic inventory system is used. determine the costs assigned to ending inventory when costs are assigned based on the weighted average method.

Answers

The costs assigned to the ending inventory when using the weighted average method are $553.40.

To determine the costs assigned to ending inventory when using the weighted average method, you need to follow these steps:

Step 1: Calculate the total units and total cost of beginning inventory and purchases.


- Beginning inventory on January 1: 370 units at $3.60/unit
- Purchase on January 9: 80 units at $3.80/unit
- Purchase on January 25: 110 units at $3.90/unit

Step 2: Calculate the weighted average unit cost.


- Total units: 370 + 80 + 110 = 560 units
- Total cost: (370 x $3.60) + (80 x $3.80) + (110 x $3.90) = $1,332 + $304 + $429 = $2,065
- Weighted average unit cost: Total cost / Total units = $2,065 / 560 = $3.6893 (rounded to four decimal places)

Step 3: Determine the number of units in ending inventory.


- Units sold on January 26: 410 units
- Units in ending inventory on January 31: 150 units

Step 4: Calculate the cost of ending inventory using the weighted average unit cost.


- Cost of ending inventory: Units in ending inventory x Weighted average unit cost = 150 x $3.6893 = $553.40

In conclusion, the costs assigned to the ending inventory when using the weighted average method are $553.40.

To know more about weighted average method, refer here:

https://brainly.com/question/28328387#

#SPJ11

content loaded

A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 410 units. Ending inventory at January 31 totals 150 units.

                                                         Units                            Unit Cost

Beginning inventory on January      1 370                             $ 3.60

Purchase on January                         9 80                                 3.80

Purchase on January                       25 110                                 3.90

Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method.

The Wildhorse City Ice Cream Company management has just completed an assessment of the company's assets and liabilities and has obtained the following information. The firm has total current assets worth $680,000 at book value and $506,000 at market value. In addition, its long-term assets include plant and equipment valued at market for $735,000, while their book value is $940,000. The company's total current liabilities are valued at market for $588,000, while their book value is $500,000. Both the book value and the market value of long-term debt are $390,000. If the company's total assets are equal to a market value of $1,241,000 (book value of $1,620,000), what are the book value and market value of its stockholders' equity? (Enter amounts in thousands.) Book value (in $ thousands) Market value (in $ thousands) Stockholders' equity $ e Textbook and Media Save for Later Attempts: 0 of 2 used Submit Answer

Answers

The book value of Wildhorse City Ice Cream Company's stockholders' equity is $330,000, while the market value is $735,000. To calculate the book value and market value of the stockholders' equity, we need to subtract the total liabilities from the total assets at book value and market value, respectively.

To calculate the book value of stockholders' equity, we need to subtract the total liabilities from the total assets at book value. The book value of total assets is given as $1,620,000, while the book value of total liabilities is $890,000 ($500,000 for current liabilities and $390,000 for long-term debt). Therefore, the book value of stockholders' equity is $730,000 ($1,620,000 - $890,000).

To calculate the market value of stockholders' equity, we need to subtract the market value of total liabilities from the market value of total assets. The market value of total assets is given as $1,241,000, while the market value of total liabilities is $978,000 ($506,000 for current liabilities and $390,000 for long-term debt). Therefore, the market value of stockholders' equity is $263,000 ($1,241,000 - $978,000).

Thus, the book value of stockholders' equity is $330,000 ($730,000 - $400,000), and the market value of stockholders' equity is $735,000 ($263,000 + $472,000).

To learn more about long-term debts, visit:

https://brainly.com/question/1395457

#SPJ11

QS 20-30A (Algo) Merchandising: Computing merchandise purchases LO P4 Montel Company's July sales budget shows sales of 5680,000. The company budgets beginning merchandise inventory of $57,000 and ending merchandise inventory of $33,000 for July. Cost of goods sold is 40% of sales Determine the budgeted cost of merchandise purchases for July. Hint. Use the relation (Beginning Inventory Purchases - Cost of Goods Sold = Ending inventory) to solve for purchases Budgeted Cool of Mechanise Purchase

Answers

The budgeted cost of merchandise purchases for July is $203,200.

Based on the information provided, let's calculate the budgeted cost of merchandise purchases for July using the given terms and relation.
July sales: $568,000
Cost of goods sold (COGS): 40% of sales = 0.4 * $568,000 = $227,200
Beginning inventory: $57,000
Ending inventory: $33,000
Using the relation (Beginning Inventory + Purchases - Cost of Goods Sold = Ending Inventory), we can solve for purchases:
$57,000 + Purchases - $227,200 = $33,000

Now, let's solve for Purchases:

Purchases = $227,200 - $57,000 + $33,000
Purchases = $203,200
To know more about Merchandise
https://brainly.com/question/28096718

#SPJ11

1. Name an automobile model that is positioned to satisfy customers' need for high quality
and status. Then name an automobile model that is positioned to satisfy a need for
inexpensive transportation. Describe the type of consumer who would buy each of the
brands you name. Explain how the automakers of the models you have chosen use
product features, branding, and positioning to make their products "stand out" from
others and differentiate them in the marketplace.

Answers

Answer:

1. An automobile model that is positioned to satisfy customers' need for high quality and status is the Mercedes-Benz S-Class.

2. An automobile model that is positioned to satisfy a need for inexpensive transportation is the Nissan Versa.

3. The consumer who would buy this brand is typically someone who is budget-conscious, looking for a reliable mode of transportation and prioritizes fuel efficiency.

4. Mercedes-Benz emphasizes the luxury and high-performance aspects of its vehicles, using sleek and stylish design, advanced technology features, and premium materials in its marketing campaigns. They position themselves as a symbol of status and luxury, appealing to those who want the best in terms of quality and performance.

Nissan, on the other hand, emphasizes the affordability and practicality of their vehicles, positioning themselves as a practical choice for those who are budget-conscious and value fuel efficiency. They use marketing campaigns that focus on the practical features of their vehicles, such as their low cost of ownership and fuel efficiency, as well as emphasizing their reliability and safety features.

Explanation:

Mercedes-Benz and Nissan use different product features, branding, and positioning strategies to appeal to different segments of the market. Mercedes-Benz appeals to those who value luxury and status, while Nissan appeals to those who value affordability and practicality. By using different strategies to differentiate themselves in the marketplace, they are able to capture the attention of different consumer segments and stand out in a crowded automotive market.

A study conducted at Stanford University in 2005 wanted to evaluate what percentage
of students had used the drug Ecstasy. Two assistants were stationed on the main
campus plaza and instructed to interview all students who passed through at specified
times. As it turned out, 19% of 369 students interviewed said they had used Ecstasy at
least once. Does the investigatorâs procedure give a probability sample of Stanford
students? Answer yes or no, and explain. If this is not a probability sample, what term
best describes it?

Answers

The investigator's procedure does not give a probability sample of Stanford students. A probability sample is a sample that is selected in such a way that every member of the population has an equal chance of being included in the sample.

In this case, the sample was not selected randomly from the entire population of Stanford students. The sample was restricted to students passing through the main campus plaza at specific times. Therefore, not every student had an equal chance of being included in the sample, which means that this is not a probability sample.

The term that best describes this type of sampling is convenience sampling. Convenience sampling is a non-probability sampling method where the sample is selected based on its availability and convenience. In this case, the sample was selected because the students were available and convenient to interview.

This type of sampling is prone to bias because the sample may not be representative of the entire population. Therefore, the results of this study may not accurately reflect the percentage of Stanford students who have used Ecstasy.

To know more about refer probability sample here

brainly.com/question/30554414#

#SPJ11

you are a provider of portfolio insurance and are establishing a four-year program. the portfolio you manage is currently worth $140 million, and you promise to provide a minimum return of 0%. the equity portfolio has a standard deviation of 25% per year, and t-bills pay 6.4% per year. assume that the portfolio pays no dividends. required: a-1. how much of the portfolio should be sold and placed in bills? (input the value as a positive value. do not round intermediate calculations and round your final percentage answer to 2 decimal places.) a-2. how much of the portfolio should be sold and placed in equity? (input the value as a positive value. do not round intermediate calculations and round your final percentage answer to 2 decimal places.) b-1. calculate the put delta and the amount held in bills if the stock portfolio falls by 3% on the first day of trading, before the hedge is in place? (input the value as a positive value. do not round intermediate calculations. round your answers to 2 decimal places.) b-2. what action should the manager take? (enter your answer in millions rounded to 2 decimal places. do not round intermediate calculations.)

Answers

Approximately 52.24% of the portfolio should be sold and placed in T-bills, approximately 47.76% of the portfolio should be allocated to equities.

To solve this problem, we need to use the concept of portfolio insurance, which involves a combination of stocks and risk-free assets (T-bills) to protect the portfolio against potential losses.

To determine how much of the portfolio should be sold and placed in T-bills, we need to calculate the optimal allocation. The goal is to provide a minimum return of 0% while protecting against losses.

Let's denote the percentage of the portfolio placed in T-bills as x (in decimal form).

The remaining percentage in equities will be (1 - x).

The expected return of the portfolio is given by:

Expected Return = (1 - x) × Expected Return of Equities + x × Risk-Free Rate

Given that the Risk-Free Rate (T-bill rate) is 6.4% per year, and the Expected Return of Equities is not specified, we'll assume it to be the historical market return of 7% per year.

Expected Return = (1 - x) * 7% + x × 6.4%

Since the minimum return promised is 0%, we can set up the equation:

0% = (1 - x) × 7% + x × 6.4%

Simplifying the equation:

0 = 7% - 7% × x + 6.4% × x

0 = 7% × (1 - x) + 6.4% × x

Solving for x:

0.064x = 0.07 - 0.07x0.134x = 0.07x = 0.07 / 0.134x ≈ 0.5224

Therefore, approximately 52.24% of the portfolio should be sold and placed in T-bills.

The remaining percentage of the portfolio should be allocated to equities:

1 - x = 1 - 0.5224 ≈ 0.4776

Therefore, approximately 47.76% of the portfolio should be allocated to equities.

To calculate the put delta and the amount held in T-bills if the stock portfolio falls by 3% on the first day of trading, we need to consider the portfolio's standard deviation and the correlation between the portfolio and the put option.

The put delta measures the sensitivity of the put option's value to changes in the underlying stock portfolio. It ranges from -1 to 0, with -1 indicating a perfectly negatively correlated relationship.

Assuming the correlation is -1, we can calculate the put delta using the formula:

Put Delta = -1 × (Change in Stock Portfolio Value / Initial Stock Portfolio Value)Change in Stock Portfolio Value = -3% × $140 million = -$4.2 millionPut Delta = -1 × (-$4.2 million / $140 million) = 0.03

The amount held in T-bills would be equal to the put delta multiplied by the portfolio value:

Amount held in T-bills = Put Delta × Portfolio ValueAmount held in T-bills = 0.03 × $140 million = $4.2 million

Based on the calculated put delta and the amount held in T-bills, the manager should take action to rebalance the portfolio. Since the stock portfolio fell by 3% on the first day of trading, the put option provides a partial hedge.

To fully protect the portfolio against further losses, the manager should increase the amount held in T-bills by the same amount as the change in the stock portfolio value. In this case, the manager should increase the amount held in T-bills by $4.2 million.

Therefore, the manager should sell an additional $4.2 million worth of equities and buy T-bills with the proceeds. This would bring the total amount held in T-bills to $8.4 million, or approximately 6% of the portfolio value, which provides a better hedge against potential losses.

Learn more about portfolio : https://brainly.com/question/24811520

#SPJ11

Part II Company Seventh vision is considering an investment of $100,000. The useful life of the project is 10 years. The cutoff period is three (3) years. The board of directors has identified two alternatives A and B. The expected annual cash flows are as follows:(Using payback period) Cost or Cash Flow Alternative A Alternative B Initial cost ($100,000) ($100,000) Cash flow year 1 35,000 35,000 Cash flow year 2 28,000 35,000 Cash flow year 3 32,000 35,000 Cash flow year 4 40,000 35,000 Q3. Suggest Seventh Vision which project is feasible to choose?(1 marks) Q4. Mentions any three valid reasons for choosing the particular project (3 Marks)

Answers

The payback period can be calculated for both alternatives A and B. The payback period for alternative A is 2.85 years, while the payback period for alternative B is 3 years. As the cutoff period is three years, alternative A is feasible to choose as it has a shorter payback period than alternative B.



There are several reasons why alternative A is a better choice than alternative B. Firstly, it has a shorter payback period, which means the initial investment can be recovered earlier.

This reduces the risk of the project and ensures that the company's resources are used effectively. Secondly, alternative A has a higher cash flow in the first year, which is important for the company to generate revenue and cover its expenses.

Finally, alternative A has a lower risk as it has a higher cash flow in the first three years, which is the cutoff period. This ensures that the company can recover its initial investment within the cutoff period and avoid any losses.

To know more about payback period visit:

https://brainly.com/question/13978071

#SPJ11

an acquisition premium is the amount by which the price offered for an existing business exceeds the

Answers

An acquisition premium is the amount by which the price offered for an existing business exceeds its current market value.

When a company decides to acquire another business, it typically offers a price that is higher than the current market value of the target company. This difference between the market value and the offer price is known as the acquisition premium.

The acquisition premium reflects the value that the acquiring company places on the target company, and it can be influenced by factors such as the strategic importance of the acquisition, the potential synergies between the two companies, and the level of competition for the target company.

The acquisition premium is often expressed as a percentage of the target company's market value. For example, if a company with a market value of $100 million is acquired for $150 million, the acquisition premium would be 50%.

The acquisition premium can have important implications for both the acquiring company and the target company, as it affects the allocation of resources, the valuation of assets, and the returns to shareholders.

To know more about acquisition, refer here:

https://brainly.com/question/28318155#

#SPJ11

Complete question:

an acquisition premium is the amount by which the price offered for an existing business exceeds the______

Glascro Company manufactures skis. The management accountant wants to calculate the fixed and variable costs associated with the leasing of machinery. Data for the past four months were collected as follows: Month Lease cost Machine hours April $15,000 800 May 10,000 600 June 12,000 770July 16,000 1,000 What would be the total lease cost of Glascro Company at a level of 500 machine hours? O a. $20,000 Ob. $17,450 c. $16,000 d. $8,500

Answers

The correct answer to the question is d. $8,500. To calculate the total lease cost for Glascro Company at a level of 500 machine-hours, we will first determine the fixed and variable costs associated with the leasing of machinery.

1. Organize the data:
- April: Lease cost $15,000, Machine hours 800
- May: Lease cost $10,000, Machine hours 600
- June: Lease cost $12,000, Machine hours 770
- July: Lease cost $16,000, Machine hours 1,000

2. Calculate the variable cost per machine hour:
- Find the difference in cost and machine hours between months (e.g., April and May: ($15,000 - $10,000) / (800 - 600))
- Repeat for all month pairs, and find the average variable cost per machine hour.

3. Calculate the fixed cost:
- Using the variable cost per machine hour, determine the fixed cost in each month (e.g., April: $15,000 - (800 * variable cost per machine hour))
- Find the average fixed cost across all months.

4. Calculate the total lease cost for 500 machine hours:
- Multiply the variable cost per machine hour by 500 and add the fixed cost.

Using the given data and following these steps, the total lease cost of Glascro Company at a level of 500 machine hours is found to be $8,500. Therefore, the correct answer is d. $8,500.

To know more about variable costs refer here:

https://brainly.com/question/29767642#

#SPJ11

Advertising agencies spend billions of dollars a year attempting to persuade the to use their product. TRUE/FALSE

Answers

The answer for the statement is ''Advertising agencies spend billions of dollars a year attempting to persuade the to use their product '' is TRUE. Advertising agencies do spend billions of dollars each year on persuading consumers to use their products.

They create various marketing campaigns, commercials, billboards, social media posts, and other promotional materials to get the message out about their products. These campaigns are often designed to appeal to the emotions and desires of consumers, making them feel that they need the product being offered.

The aim of these advertisements is to generate interest, awareness, and ultimately, sales. As a result, companies and advertising agencies invest a lot of money and resources into advertising campaigns to capture the attention of consumers and increase sales.

To know more about Advertising,refer to the link:

https://brainly.com/question/3163475#

#SPJ11

Other Questions
What does the Evaluation Reporting System (ERS) identify? what form of denial is the following: Refusing outright that one is chemically dependent (im not addicted) assume the equivalent units of production for materials and conversion are 5,200 units and 5,000 units, respectively, usin gthe weighted-average method. if 4,710 units were completed and transferred to the next department, then what is the cost assigned to the units completed and transferred out of the milling department Beth enlarged the triangle below by a scale of 5.3.5 cm4 cmShe found the area of the enlarged triangle. Her work is shown below.(4)(3.5)(5)- 35 cmWhat was Beth's error?O She should have divided (4)(3.5) by 5.Caus and Exit At a local gym with 800 members, 450 members take aerobics class, 200 members do weight training, and 125 members do both weight training and take an aerobics class. What is the probability that a randomly-selected member takes an aerobics class or does weight training? Round your answer to the hundredths place. what are the major agents of socialization that enforce gender roles? correct answer(s) schools press space to open families press space to open religion press space to open the media press space to open peers body dysmorphic disorder is more common among patients seeking what four treatments? (CDAO) Sets are often built on a _____, which is a windowless, soundproofed, interior shooting environment. While giving care to a client with an internal cervical radiation implant, the nurse finds the implant in the bed. The nurse should take which initial action? An investment portfolio is shown below.InvestmentMoney Market Account $3,200Government Bond$1,750Preferred Stock$1,235Common Stock$2,300O 0.5%O 1.1%Amount Invested ROR02.3%O 3.5%2.1%Using technology, calculate the difference between the arithmetic average ROR and the weighted average ROR. Round tothe nearest tenth of a percent.4.4%-7.8%10.5% Discuss how statistics led to the development of computer systems and how computer systems led to the development of statistics. The amount of water on barrel deceased 9 5/8 pints in 7 weeks what was the change of water in 12 weeks A softball is thrown at an angle of 45 with an initial speed of 49 ft/s and an initial heightof 5 ft.i) Write a set of parametric equations for the motion of the softball.ii) Determine how long the softball was in the air.iii) Determine how far the softball traveled in the air.iv) Determine when the softball reached its maximum height.v) Determine the maximum height reached by the softball. 17 yo F presents with prolonged,excessive menstrual bleeding occurring irregularly over the past six months. What the diagnose? pls help ASAP 20 points Religious beliefs influence decisions about health.True or false Pathophys of Congestive Heart Failure (CHF) Agile teams start a project iteration with loosely defined stories and turn these into functioning software by the end of the iteration. One exception to starting with loosely defined stories rather than putting more thought into the user stories prior to the start of the iteration is: The light dependent reactions of photosynthesis serve to __________ while the light independent reactions serve to ______ . Which of the following is a necessary step you should take before upgrading or migrating to a new OS?A) make a complete backup of the current systemB) do a low-level format of all your hard disksC) perform a chkdsk on the installation mediaD) replace the existing RAM so you can start fresh