Tumbling Haven, a gymnastic equipment manufacturer, provided the following information to its accountant. The company had net fixed assets of $356,190, and other assets of $4,176. The firm has current liabilities of $94,792, long-term debt of $76,445, common stock of $200,000, and retained earnings of $134,461. What amount of current assets did this firm have?

Answer:

Gross profit= $79,000

Explanation:

Giving the following information:

July 1, 20X1:

Material $5

Labor 3

Overhead 2

Total= $10

Beginning inventory at these costs on July 1 was 11,500 units.

From July 1 to December 1, Convex produced 26,000 units.

These units had a material cost of $7 per unit.

First, we need to determine the cost of goods sold. Under the FIFO (first-in, first-out) method, the COGS is calculated using the cost of the first units produces.

COGS= 11,500*10 + 16,500*12= $313,000

Now, we can calculate the gross profit:

Gross profit= sales - cogs

Gross profit= 28,000*14 - 313,000

Gross profit= $79,000

When it comes to competitiveness, what differentiates the top global manufacturers from the rest? Learn the capabilities and attributes that help make top performers stand out—even when the bar continues to rise. NO one has to tell manufacturing company executives that it’s getting tougher to differentiate themselves and compete successfully—they feel the pressure every day. Rapid globalization, technological advancements, changing consumer preferences, and evolving government policies are reshaping the manufacturing industry, exponentially accelerating the pace of competition and continually raising the bar on company performance.

Still, some manufacturers consistently and convincingly outperform their peers (see sidebar “Why study high-performing manufacturers?”). How are they doing this? And what can “the rest” learn from “the best” to improve their own performance? This report provides executives with clear direction on what companies need to do to be high-performing manufacturers—now and in the future. For more than 25 years, we’ve been studying manufacturers to identify what sets apart high-performing companies (defined in the section “About the study”) from their competitors. We found that high performers focus carefully on the development of specific but evolving sets of manufacturing capabilities to differentiate themselves and succeed in the marketplace. These capabilities, when coupled together, are difficult for their competitors to replicate, and when executed well, they create long-term competitive advantage by generating greater customer loyalty, higher market share, and superior profitability.

About the study

As part of Deloitte’s ongoing collaboration with the US Council on Competitiveness on the Global Competitiveness in Manufacturing Initiative, we conducted a global study of manufacturing CEOs in 2010, 2013, and 2016. Together, these three studies received a total of over 1,600 CEO responses.

On a broad list of capabilities, we asked CEOs to rate their companies’ current competitiveness in each capability relative to their closest global rivals, as well as rate how important they thought each capability would be to staying competitive in the future. In order to remove the variations in rating among countries (due to culture), industry subsectors, and company revenue sizes, we normalized the data by country, industry, and size, and calculated current and future index scores for each of the capabilities on a 10–100 scale for both current competitiveness and future importance.

We separated the respondents’ companies into “high performers” and “other companies” (all other companies studied). High performers were identified on the basis of four parameters: the company’s actual profitability, its profitability when compared to its peers, whether the company met or exceeded its profitability goals, and the company’s performance on return on assets.

This classification methodology for selecting high performers showed that 30 percent of the high performers were in the top 10 percent of profitability relative to their primary global industry competitors, and four-fifths (81 percent) of the high performers were in the top third. Among the other companies, only 1 percent were in the top 10 percent of profitability, and only 9 percent were in the top third, relative to their primary global industry competitors. In addition, 25 percent of the high performers were in the top 10 percent on return on assets (ROA) relative to their primary global industry competitors; 74 percent of the high performers had ROAs in the top third. Among the other companies, only 1 percent had ROAs in the top 10 percent and only 5 percent had ROAs in the top third relative to their primary global industry competitors.

To dig deeper into the attributes of high-performing manufacturers, Deloitte collaborated with the US Council on Competitiveness to conduct a global survey of over 500 manufacturing C-suite executives in 2016. This report, which draws on the survey’s results, builds on the 2010 and 2013 editions of this survey and further extends the story of manufacturing competitiveness in the 21st century.

Even for high performers, it isn’t easy to continually excel in the dynamic, hypercompetitive global manufacturing industry. However, this study provides an operating framework to help C-suite executives decide “where to play and how to win.” Becoming a high performer requires a keen focus on acquiring needed capabilities, which not only change with time but also vary based on where a company chooses to play: in which markets, with which customers and consumers, in which channels, and in which product categories and services the company wants to compete. To determine how to win, company leaders should consider which capabilities will enable the organization to create unique value and consistently deliver that value to customers in a way that is distinct from competitors’ offerings

Answer:

The manager of the grocery chain should put two types of products:

1) products that are staple in Valentine's Day, because they are very likely to be sold in large numers.

2) products that have low price elasticity, or that are relatively inelastic, because these products will be sold in important quantities even if theirprices are moderately increased, bringing more profit to the firm.

Answer:

4.77

Explanation:

The formula below is used to calculate quick ratio

Current assets - Inventories / Current liabilities

Account receivables =$1,330,000

Current assets = $3,290,000

Inventories = $1,050,000

Account payable =  $470,000

Current liabilities = $470,000

Therefore,

Quick ratio = ($3,290,000 - $1,050,000) / $470,000

= 4.77

Answer:

The answer is "2.45%".

Explanation:

The answer of option c:

Reduce power by 950 dollars:

In this question it will need to once again take the latest energy cost for analytical hierarchical productivity.  

→ Total Input  [tex]= 400 \times 12+21000 \times 1 +(5000-950)+10000[/tex]

                     [tex]= 4800 +21000 + (4050)+10000 \\\\ = 25800+4050+10000 \\\\ = 39850\\[/tex]

Consumer rates  [tex]= \frac{1,000}{39,850}[/tex]

                            [tex]=0.0250[/tex]

Initial efficiency multi-factor= 0.0245

[tex]\to \text{percentage changes} = \frac{\text{New Multi Factor Productivity - Previous Multi-Factor Productivity}}{\text{Originbal Multi-Factor Productivity}}[/tex]  

                                   [tex]= \frac{(0.02450.0251)}{0.0245}\\\\ = 2.45 \ \ \%[/tex]

9.20% is the percent change in multifactor productivity if Fok can reduce the electricity bill by ​$1,000 per day without cut down production or changing any other inputs​.

Computation of percentage change:

According to the question,

Reduce power by $950,

For analytical hierarchical productivity, we need to calculate the latest energy.

Total New Input(TNI):

Summation of all the inputs:

[tex]\text{TNI}= 400\times12+\$21,000\times1+(\$5,000-950)+\$10,000\\\\\text{TNI}=\$4,800+\$21,000+\$4,050+\$10.000.\\\\\text{TNI}=\$25,800+\$4,050+\$10,000.\\\\\text{TNI}=\$39,850.[/tex]

[tex]\text{Consumer Rates}=\dfrac{\text{Energy bill per day}}{\text{TNI} }.\\\\\text{Consumer Rates}=\dfrac{1,000}{39,850}.\\\\\text{Consumer Rates}=0.0250.[/tex]

Initial efficiency factor: 0.0245 (as per question)

[tex]\text{Percentage changes}=\dfrac{\text{New multifactor productivity-Previous multifactor productivity}}{\text{Original multifactor productivity}}\\\\\text{Percentage changes}=\dfrac{0.2450-0.0194}{2.45}.\\\\\text{Percentage changes}=9.20\%.[/tex]

Hence, 9.20% is the percent change.

Learn more about multifactor, refer:

https://brainly.com/question/14437331?referrer=searchResults

Answer:

1.56

Explanation:

Calculation for the market-to-book value

First step is to calculate for the P/E ratio

P/E ratio=1/12

P/E ratio= 0.0833

Now let find the market-to-book value using this formula

Market-to-book value = ROE percentage/P/E ratio

Let plug in the formula

Market-to-book value=0.13/0.0833

Market-to-book value= 1.56

Therefore the Market-to-book value will be 1.56

The market to book value is 1.56.

The calculation is as follows:

ROE = Net income ÷ Book Value of shareholders equity

P/E = (Price per share ) ÷ (EPS per share)

or P/E =  Market Capitalization ÷ Net Income

So,  

12 = Price ÷ Net Income

Price = 12 Net Income-------------Equation 1

Now

0.13 = Net Income ÷ Book Value of shareholders equity

Book Value = Net Income ÷ 0.13----------------Equation 2

Now

Market/ Book Value = 12 Net Income ÷ Net Income/0.13

 = 12  × 0.13

= 1.56

Learn more; https://brainly.com/question/17429689?referrer=searchResults

Answer:

Jet blue= thanks frequent customers with small gesturer

Tesla= meet your customers where they r at

Answer:

$211,260

Explanation:

Calculation for Angel's hypothetical tax expense in its reconciliation of its income tax expense

Using this formula

Angel's hypothetical tax expense=Pretax book income × Tax rate

Let plug in the formula

Angel's hypothetical tax expense=$1,006,000×21%

Angel's hypothetical tax expense=$211,260

Therefore Angel's hypothetical tax expense in its reconciliation of its income tax expense will be $211,260

Answer:

0.1046 or 10.46%

Explanation:

The computation of the sustainable growth rate is shown below:

The Sustainable growth rate of the firm is

= Return on Equity × ( 1 - Dividend Payout Ratio )

where,

Dividend Payout Ratio = 30%

And,

Return on equity is

= Net Income ÷ Shareholder 's equity

= $3660 ÷ $ 24,500

= 0.14938

So,  

Sustainable growth rate is

= 0.14938 × (1 - 30%)

= 0.1046 or 10.46%

Answer:

$53.00

Explanation:

The computation of book value is shown below:-

But before that we need to determine the net asset which is

Net asset = Total asset - Total liabiliites

= ($350,000 + $650,000) - ($100,000 - $250,000)

= $1,000,000 - $350,000

= $650,000

Now

Value per share= (Net asset - preference share) ÷ number of common stocks

= ($650,000 - $120,000 ) ÷ 10,000 shares

= $530,000 ÷  10,000

= $53 per share

Target has gained many benefits from its store brands. Target's focus on its store brands has allowed it to establish itself as being “cheap chic.” It has also allowed Target to increase its overall profits. By promoting and improving its store brands, Target has been able to make their brands well known and reliable.

The attached data is required to answer the question

Answer:

$535

Explanation:

In this scenario we need to calculate the additional debt required by Major Manuscript

We expect an increase of 10% of sales

Therefore

Total assets projected = 9,420 * 1.10 = $10,362

Accounts payable projected = 2,200 * 1.10 = $2,420

Current long term debt = $260

Current common stock = $2,400

Retained earnings projected = 4,560 +{(360 - 190) * 1.10} = $4,747

Additional debt required = 10,362 - 2,420 - 260 - 2,400 - 4,747

Additional debt required = $535

Answer: $1,415

Explanation:

Going by the Accrual principle in Accounting, the revenue to be recognized has to be for services rendered in the period of interest regardless of it is in cash or on account.

The revenue transactions for the month of July therefore will be for only services rendered in July.

Those include;

Received $970 cash for services provided to a customer during July.Provided services to a customer on credit, $445

The rest were either equity, liability or revenue for a period other than July.

Revenue for July is therefore;

= 970 + 445

= $1,415

Answer:

parenting time or visitation

Explanation:

Answer:

visitation is the correct answer

Explanation:

plato

Answer:

Economic value added = $1,250,000

Explanation:

Economic value added (EVA) = Net operating profit after taxes - Invested capital * cost of capital

Economic value added= [($22,000,000 - $18,000,000) * (1 - 0.35)] - [$15,000,000 * 9%]

Economic value added =  ($4,000,000 * 0.65) - $1,350,000

Economic value added  = $2,600,000 - $1,350,000

Economic value added = $1,250,000

Answer:

Executive chefs will report to the head restaurateur. Sous chefs and line cooks report to executive chefs.

Question:

The following information relates to next year's projected operating results of the Children's Division of Grunge Clothing Corporation:

Contribution margin.... 200,000

Fixed Expense.... 500,000

net operating loss..... (300,000)

If Children's Division is dropped, half of the fixed costs above can be eliminated. What will be the effect on Grunge's profit next year if Children's Division is dropped instead of being kept?

A) 50,000 increase

B) 250,000 increase

C)250,000 decrease

D) 550,000 increase

Answer:

Option A is correct

Increase in profit = $50,000

Explanation:

To determine whether or not it will be profitable to drop a loss making division, we compare the savings in fixed cost to the lost contribution from the division.

It is noteworthy that only the fixed cost attributed to division can only be saved should the division be shut down.

The analysis is done as follows:

                                                                              $

Lost contribution                                           (200,000 )

Savings in fixed cost (1/2× 500,000)           250,000

Net savings                                                   50,000

Increase in profit = $50,000

Answer:

1. At pull stage Customers request for books. A pull system by Amazon was made through the use of ingram book group. They support booksellers in supply and demand of book buyers

2. The push strategy is made through the development of several warehouses. Procurement of inventory is done and peoples orders are sent out by utilizing pull strategy.

Processes in pull strategy:

1. Shipping

2. Order fulfilment

Processes in push strategy:

1. Stock replenishment

2. Production

Answer:

Hmm.

Explanation:

Problems making ends meet

Accumulating too much debt.

Making poor purchasing and investing decisions.

Being unable to enjoy money.

(Source; USATODAY.com)

Answer:

$14,200,000

Explanation:

The computation of the firm break even point in total sales dollars is shown below:

Particulars                 Youth              Adult                 Recreational

Sales mix

ratio                             0.25                0.45                  0.30

(5:9:6)

Contribution

margin                     $200                 $372                  $560

Weighted

average CM               50                  167.4                  168

Selling price             $500               $930                  $1,400

Weighted

average sales           125                   418.50               420

Weighted average

sales                                963.50

Weighted average

CM                                  385.40

CM ratio                          40%  (385.40 ÷ 963.50)

Now the break even point in sales dollars is

= Fixed cost ÷ contribution margin ratio

= $5,680,000 ÷ 40%

= $14,200,000

1. What is your plan for the future of the company?
2. Where will the money and income go towards to?
3. Is the company’s team well balanced and work good together?

Answer:

Descriptive data mining technique:

4. Cluster Analysis

Explanation:

Cluster Analysis is one of the data mining techniques.  It classifies variables into similar groups according to their subjects.  It is also a descriptive technique.  Descriptive mining produces correlation, cross tabulation, frequency, etc, thereby discovering the regularities in the data, revealing data patterns, and discovering the subgroups of the data.

Answer:

I'm pretty sure the answer is B.

Explanation:

Answer:

here u can mark the other guy brainliest now. You have to have 2 answers on the question to mark brainliest

Explanation:

Answer:

The overview of the discussion is mentioned throughout the clarification segment elsewhere here.

Explanation:

There have been lesser supervisors because they can improve the efficiency and effectiveness of service, which tends to increase business income. It has a broader spectrum of influence, making it more difficult to track and handle employees. It has a vague direction to pursue, and workers have uncertain responsibilities that find it difficult to attract staff.Employees would have a much wider workplace satisfaction thanks to their educational and welcoming atmosphere.

Answer:

The marignal revenue that another worker would bring to Joe under these circumstances is $90.

If joe hires a new worker, the worker can repair 3 appliances per hour, and the mininum charge for appliance-repair is $30 plus parts. The marignal revenue is:

$30 x 3 appliances = $90

Because wages are equal to the marginal product of labor, the maximum amount that Joe would pay to a new person is $90.

Answer:

d. It is the sum of the investing, operating, and financing activities sections.

Explanation:

Change in cash classified on the statement of cash flows is derived by the sum of the Investing cash flow activities + Operating cash flow activities Financing cash flow activities. The balance gotten is known as Net cash flow for the particular period.

Answer:

$744,000

Explanation:

The computation of the gross profit is shown below:

But before that determine the cost of goods sold which is

Cost of goods sold is

= Opening finished goods balance + cost of goods manufactured - ending finished goods balance

= $35,500 + $515,000 - $40,500

= $510,000

now the gross profit is

= Sales - cost of goods sold

= $1,254,000 - $510,000

= $744,000

Answer:

1298

Explanation:

Reason: Right-of-Use Asset is debited for the present value of the annual lease payment which is $1,298

Answer:

The correct approach will be "NPV (Net present value)".

Explanation:

NPV concessions as well as reduce all potential investment returns from the campaign.

⇒ NPV = Present value of cash inflows - Present value of cash outflows

While using the NPV methodology with the appropriate project cost, we can determine is not whether the project is reasonable. Unless the Net present value is positive, the venture can not be dismissed and rejected whether it is poor or negative.

Answer: $170,000

Explanation:

Based on the information provided in the question, the amount of separate operating income that will be reported by Peta for the year goes thus:

The total income of subsidiary is calculated as:

= [30000/(100 - 80)] × 100

= (30000/20) × 100

= 1500 × 100

= 150000

Therefore, the operating income of Peta will be:

= Consolidated income - the total Subsidiary income

= $320000 - $150000

= $170000