Swifty Corporation produces a product that requires 2.6 pounds of materials per unit. The allowance for waste and spoilage per unit is 0.3 pounds and 0.1 pounds, respectively. The purchase price is $2 per pound, but a 2% discount is usually taken. Freight costs are $0.10 per pound, and receiving and handling costs are $0.07 per pound. The hourly wage rate is $12.00 per hour, but a raise which will average $0.30 will go into effect soon. Payroll taxes are $1.20 per hour, and fringe benefits average $2.40 per hour. Standard production time is 1.5 hour per unit, and the allowance for rest periods and setup is 0.5 hours and 0.4 hours, respectively. The standard direct labor hours per unit is:_________

Answers

Answer 1

Answer:

Swifty Corporation

The standard direct labor hours per unit is:_________

= 0.6 hours.

Explanation:

a) Data and Calculations:

Materials required per unit = 2.6 pounds

Allowance for waste per unit = 0.3 pounds

Allowance for spoilage per unit = 0.1 pounds

Standard materials per unit = 3 pounds (2.6 + 0.3 + 0.1)

Purchase price per pound = $1.96 ($2 - 0.04)

Freight costs per pound = $0.10

Receiving and handling costs per pound = $0.07

Hourly wage rate = $12 per hour

Possible raise in hourly wage = $0.30

Payroll taxes = $1.20 per hour

Fringe benefits average = $2.40 per hour

Standard production time per unit = 1.5 hour

Allowance for rest periods = 0.5 hours

Allowance for setup = 0.4 hours

The standard direct labor hours per unit = 0.6 hours(1.5 - 0.5 - 0.4)


Related Questions

2 points Time Remaining 5 minutes 36 seconds00:05:36 eBookItem 2 Time Remaining 5 minutes 36 seconds00:05:36 Brad proposed the purchase of a new Toshiba copier to his boss, Chin. Chin said that he has always used and liked Xerox copiers, but when he thinks about it later, he realizes he does not really feel strongly about the brand of copy machine used in the office. Chin should probably adopt a(n) ________ conflict-handling style when trying to resolve this matter with Brad. Multiple Choice compromising collaborating accommodating avoiding forcing

Answers

Answer: accommodating

Explanation:

Conflict management simply means how dispute can be solved. We've different conflict management styles such as accommodating, avoiding, compromising, collaboration and competing.

With regards to the question, the conflict-handling style that Chin should adopt when trying to resolve this matter with Brad is "accommodating".

This style is about simply putting the other parties needs before one's own. You allow them to ‘win’ and get their way.

Accommodation is typically used to keep peace and in situations whereby an individual doesn’t really care like the other person involved.

Refer to Figure 5-1. With reference to Graph A, at a price of $10, total revenue equals:
A. $ 1,000.
B. $ 500.
C. $ 400.
D. $ 200.
Question 8
Refer to Figure 5-1. With reference to Graph A, at a price of $5, total revenue equals:
A. $200.
B. $400.
C. $500.
D. $1,000.
Question 9
Refer to Figure 5-1. Graph B represents a demand curve that is relatively . . Total revenue as the price decreases from $10 to $5.
A. inelastic; decreases
B. elastic; decreases
C. elastic, increases
D. inelastic; increases

Answers

According to the Graph A, at a price of $10, total revenue equals $ 400. Graph A, at a price of $5, total revenue equals $ 500. So, the correct option is 1(C), 2(C), 3(A).

What do you mean by the demand curve?

A visual illustration of the link between product price and quantity desired in economics. The graph is built with amount demanded on the horizontal axis and price on the vertical axis.

Individual demand curves and market demand curves are the two forms of demand curves. A graphic depiction of the demand timetable is shown.

Here,

(1) With reference to Graph A:-

Price = $10

Corresponding quantity demanded = 40

Total Revenue= Price × Demand

Total Revenue = 10 × 40

Total Revenue = $ 400.

(2) With reference to Graph A:-

Price = $5

Corresponding quantity demanded = 100

Total Revenue= Price × Demand

Total Revenue = 5 × 100

Total Revenue = $ 500

(3) With reference to graph B, the demand is relatively inelastic as there is no major change in the quantity demanded due to greater price change. The total revenue also decrease when price decreases from $10 to $ 5.

Total Revenue at Price $10 = 10*30 = $300

Total Revenue at Price $5 = 5 * 40 = $200

So there is a decrease of total revenue by an amount of $100.

Hence, it represents the inelastic; decreases.

Therefore, from the following statements:

The Graph A, at a price of $10, total revenue equals $ 400. The Graph A, at a price of $5, total revenue equals $ 500. It represents the inelastic; decreases.

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Which of the following statements about effective global leadership are NOT true?

A. In collectivist cultures, employees typically value their autonomy, and are unlikely to be motivated by fringe benefits and training provided by the employer.

B. High power distance implies that people would be more motivated by teamwork and relations with peers.

C. High masculinity suggests that most people would be more comfortable with the traditional division of work and roles; in a more feminine culture, the boundaries could be looser, motivating people through more flexible roles and work networks.

D. The higher the level of "masculinity" (such as in Japan and Mexico), the more motivated employees were by being given opportunities for high pay, personal accomplishment, and job advancement.

E. Traditional Chinese management style focuses on human-centredness, family-centredness, and centralisation of power.

Answers

High power distance suggests that individuals would be more motivated by group dynamics and peer relationships. As a result, choice (B) is appropriate.

What is global leadership?

Global leadership is the interdisciplinary study of the critical skills that future leaders in all spheres of the personal experience should master in order to effectively become familiar with the psychological, physiological, geographical, geopolitical, anthropological, and sociological effects of globalization.

When a person or people use a global mentality to lead collaborative efforts between various stakeholders through an environmental complexity toward a vision, this is known as global leadership. To enable today's complicated processes of information sharing around the world, global leaders must be able to connect people from different nations and engage them in global team collaboration.

Hence option (B) is accurate.

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The candy company is considering a new manufacturing process that costs $0.30 per unit for the first 400,000 units. For additional units, up to 725,000, the cost is $0.20 per unit. For all additional units over 725,000, the cost is $0.10 per unit. Which of the following ranges of total units contains the point where the cost of the new process is equal to the cost of the original process (where the cost is $0.21 for the first 500,000 units and $0.13 for all additional units)?

a. From 2,335,000 to 2,345,000
b. From 2,325,000 to 2,335,000
c. From 2,345,000 to 2,355,000
d. From 2,365,000 to 2,375,000

Answers

A I believe it is a I’m not sure

A contractual vertical marketing system is exemplified by: Group of answer choices a florist shop that buys from a wholesale plant nursery. a coffee producer who owns a chain of coffee shops. the relationship of a popular grocery chain of stores with its suppliers. the franchise system of a reputed sandwich brand.

Answers

Answer:

the franchise system of a reputed sandwich brand.

Explanation:

The  contractual vertical marketing system would be the organization that is the retail cooperative, wholesaler i.e. chain who do sponsor and many franchising programs. In this the parties are maintaining their independene and operate as individually but they work together in order to accomplish thir goals and objectives by having high efficiency

so according to the given situation, the last option is correct

PLEASE HELP!

How many years would it take to earn $225 on a $750 investment at 5% simple interest?

Answers

Answer:

T = 6 years

Explanation:

Given that,

Principal, P = $750

Interest = $225

Rate of interest = 5%

We need to find in how many years it would take to earn $225 on a $750 investment at 5% simple interest. The formula for simple interest is given by :

[tex]I=\dfrac{PRT}{100}\\\\T=\dfrac{100I}{PR}\\\\T=\dfrac{100\times 225}{750\times 5}\\\\T=6\ years[/tex]

So, the required time is 6 years.

Una compañía de cemento aceptó un préstamo por $18.500 por un trabe o completado en un edificio
comercial. El préstamo fue por 180 dias a un 7.5% de interés simple. Si la nota fue vendida a una tasa de
descuento de 9% por 30 dias después de recibido, calcule el bank discount.
Select one:
a
a. $715.88
b. $720.49
c. $723.69
d. $719.77

Answers

Answer:

b

Explanation:

If you want to use a method of dispute resolution other than a trial and you want someone else to decide the issues between you and a business partner, what type of dispute resolution would you select? O A. Conciliation O B. Arbitration O C. Negotiations D. Mediation​

Answers

Answer:

b

Explanation:

which term best completes the diagram

A) Captial
B) Goods
C) Wages
D) Natural resources

Answers

Answer:

C) Wages

Explanation:

A.P.E.X.

MNO was a partnership which contracted for and performed all types of painting jobs. Before the partnership was dissolved, MNO had entered into a contract under which MNO was to paint every room in the state capitol building. At the time of the partnership dissolution, MNO had not yet performed the work called for by such contract. If the partners involved in the winding up elect to perform the contract, they:

Answers

Answer: a. have the authority to enter into new contracts with subcontractors, material suppliers, and workers

Explanation:

If the partners elect to finish the job, they will legally have the authority to enter into new contracts with the necessary outside contractors needed to get the job done.

This is because the job was agreed to with the partners and with the dissolution of the partnership, contracts with these contractors were cancelled. Since the partners however want to pursue the job, they are free to do so but will need to get new contracts to replace the old cancelled ones.

McCormick Corp. reported the following on its comparative income​ statement:
Mariner Corp.
Income Statement - (Partial)
Years Ended December 31, 2019 and 2018
Increase (Decrease)
2019 2018
(Amounts in
millions) 2019 2018 2017 Amount Percentage Amount Percentage
Revenues 9,575 $9,300 $8,975
Cost of
Goods Sold 7,240 6,800 6,100
Gross Profit $2,335 $2,500 $2,875
Prepare a horizontal analysis of revenues and gross profit—both in dollar amounts and in percentages—for 2025. Begin by calculating the gross profit for each​ year, then prepare a horizontal analysis of revenues and gross profit—both in dollar amounts and in percentages—for 2025.

Answers

Answer:

McCormick Corp.

Horizontal Analysis of Revenues and Gross Profit:

Income Statement - (Partial)

Years Ended December 31, 2019 and 2018

                                                                      Increase (Decrease)

                                                                     2019                  2018

(Amounts in  millions)

                         2019  2018      2017       Amount   %         Amount   %

Revenues       9,575 $9,300 $8,975     $275     2.96%   $325   3.62%

Cost of

Goods Sold    7,240    6,800    6,100    $440     6.47%    $700   11.5%

Gross Profit $2,335 $2,500 $2,875    -$165    -6.6%     -$375   -13%

Explanation:

a) Data and Calculations:

Income Statement - (Partial)

Years Ended December 31, 2019 and 2018

                                                                      Increase (Decrease)

                                                                     2019                  2018

(Amounts in  millions)

                         2019  2018      2017       Amount   %         Amount   %

Revenues       9,575 $9,300 $8,975  

Cost of

Goods Sold    7,240    6,800    6,100  

Gross Profit $2,335 $2,500 $2,875

Workings:

Revenue:

2019 = $275/$9,300 * 100 = 2.96%

2018 = $324/$8,975 * 100 = 3.62%

Cost of goods sold:

2019 = $440/$6,800 * 100 = 6.47%

2018 = $700/$6,100 * 100 = 11.5%

Gross profit:

2019 = $(165)/$2,500 * 100 = -.6.6%

2018 = $(375)/$2,875 * 100 = -13%

Historically, demand has averaged 1447 units per week with a standard deviation of 715. The company currently has 2855 units in stock. What is the probability of a stockout?

Answers

Answer:

c. 97.558%

Explanation:

Options are "A. 50.0.% B. 2.442% C. 97.558% D.197.0% E. 47,442%"

Mean = μ = 1447

Standard deviation = σ = 715

Observed value = X = 2855

Using z-score formula, Z = (X - μ) / σ

Z = (2855 - 1447) / 715

Z = 1.97

P(Z<1.97) = 0.97558

P(Z<1.97) = 97.558%

So,  the probability of a stock-out is 97.558%.

Prepare the general journal entries for Infinity Diner for the following notes receivable transactions (assuming there are 28 days in February). When required, enter amounts to the nearest cent. If an amount box does not require an entry, leave it blank. Dec. 3 Sold merchandise to Brian Chan on account, $6,900. 11 Sold merchandise to Gloria Lupo on account, $3,600. Jan. 2 Received a $6,900, 10%, 30-day note from Brian Chan in payment of account. 10 Received a $3,600, 12%, 30-day note from Gloria Lupo in payment of account. Feb. 1 Received $600, plus interest on January 2 note, and a new, 14% 60-day note for the remaining balance. Feb. 9 On the maturity date, note dated January 10 was dishonored. Apr. 2 On the maturity date, Infinity Diner received principal and interest for February 1 note.

Answers

Answer:

Infinity Diner

General Journal Entries:

Dec. 3 Debit Accounts receivable (Brian Chan) $6,900

Credit Sales Revenue $6,900

To record the sale of merchandise on account.

Dec. 11 Debit Accounts receivable (Gloria Lupo) $3,600

Credit Sales Revenue $3,600

To record the sale of merchandise on account.

Jan. 2 Debit 10% Notes receivable (Brian Chan) $6,900

Credit Accounts receivable (Brian Chan) $6,900

To record the acceptance of a 30-day note in payment of account.

Jan. 10 Debit 12% Notes receivable (Gloria Lupo) $3,600

Credit Accounts receivable $3,600

To record the acceptance of a 30-day note in payment of account.

Feb. 1 Debit Cash $657.50

Debit 14% Notes receivable (Brian Chan) $6,300

Credit 10% Notes receivable (Brian Chan) $6,900

Credit  Interest revenue $57.50

To record the acceptance of a 60-day note for the remaining balance.

Feb. 9 Debit Accounts receivable (Gloria Lupo) $3,636

Credit 12% Notes receivable (Gloria Lupo) $3,600

Credit Interest revenue $36

To record the dishonor of note on maturity date.

Apr. 2 Debit Cash $6,447

Credit 14% Notes receivable (Brian Chan) $6,300

Credit Interest revenue $147

To record the receipt of cash for full settlement on account.

Explanation:

a) Data and Analysis:

Dec. 3 Accounts receivable (Brian Chan) $6,900 Sales Revenue $6,900

Dec. 11 Accounts receivable (Gloria Lupo) $3,600 Sales Revenue $3,600

Jan. 2 10% Notes receivable (Brian Chan) $6,900 Accounts receivable (Brian Chan) $6,900 30-day note in payment of account.

Jan. 10 12% Notes receivable (Gloria Lupo) $3,600 Accounts receivable $3,600 30-day note in payment of account.

Feb. 1 Cash $657.50 14% Notes receivable (Brian Chan) $6,300 10% Notes receivable (Brian Chan) $6,900 Interest revenue $57.50 60-day note for the remaining balance.

Feb. 9 Accounts receivable (Gloria Lupo) $3,636 Notes receivable (Gloria Lupo) $3,600 Interest revenue $36

Apr. 2 Cash $6,447 14% Notes receivable (Brian Chan) $6,300 Interest revenue $147

4) An investor has $60,000 to invest in a $280,000 property. She can obtain either a $220,000 loan at 9.5 percent for 20 years or a $180,000 loan at 9 percent for 20 years and a second mortgage for $40,000 at 13 percent for 20 years. All loans require monthly payments and are fully amortizing. a. Which alternative should the borrower choose, assuming she will own the property for the full loan term

Answers

Answer:

A. Alternative 1

B. No

C. No

Explanation:

a) Calculation to determine Which alternative should the borrower choose

First step is to calculate the EMI of Alternative 1 and Alternative 1 using this formula

EMI=[P∗R∗(1+R)^N]/[(1+R)N^−1]

Where:

P represent principal = $180,000

R represent interest rate per month = 9%/12 = 0.0075

N represent number of months = 240

Let Plug in the formula

EMI=[180000∗0.0075∗(1+0.0075)^240]/[(1+0.0075)^240^−1]....(1)

EMI=$1,619.51

EMI of the second mortgage in Alternative 2 = $468.63

Second step is to calculate the Total EMI

Total EMI=$1,619.51+$468.63

Total EMI=$2,088.14

Third step is to assume that the average cost of debt in Alternative (2) = R

$2,088.14=[220000∗R/12∗(1+R/12)^240]/[(1+R/12)^240−1]...(2)

Now let solve for the value of R in (2)

R=9.76%

Based on the above calculation we can that Alternative 2 which is 9.76% is greater that Alternative 1 which is 9.5% which means that the borrower should choose ALTERNATIVE 1 $220,000 loan at 9.5 percent for 20 years

b) Calculation to determine if your answer would change if the borrower plans to own the property for only five years

First step is to calculate the loan balance in Alternative 2 after 5 years

Ending balance Loan 1 in Alternative 2 = $159,672.69

Add Ending balance Loan 2 in Alternative 2= $37,038.78

Total balance $196,711.47

Now let assume that the cost of debt in Alternative 2 = R

Hence,

$220,000=$2,088.14∗PVIFA (60payments,R/12)+$196,711.47/(1+R/12)^60....(3)

Let solve for R in the equation (3)

R=9.74%

NO. Based on the above calculation my answer would NOT change if the borrower plans to own the property for only five years reason been that the cost of debt is greater in Alternative 2 which means that Alternative 1 will be preferable.

c) Calculation to determine if your answers to (a) and (b) would change if the second mortgage had a 10-year term

First step is to calculate EMI in the case of 10 year term in Alternative 2

First mortgage EMI $2,280.16

Add Second mortgage EMI $597.24

Total EMI $2,877.40

($2280.16+ $597.24)

Second step is to consider that R is the cost of debt

Hence,

$2,877.40=[220000∗R/12∗(1+R/12)^120]/[(1+R/12)^120−1]...(4)

R = 9.75%

Based on the above calculation Alternative I is preferable because of the lower cost of debt.

Let calculate the ending balance after 5 years in Alternative 2

Ending balance Loan 1 in Alternative 2 109,843.19

Add Ending balance Loan 2 inAlternative 2 26,248.89

Total balance $136,092.08

Now let assume that the cost of debt in Alternative 2= R

Hence,

$22,000=$2,877.40∗PVIFA(60 payments,R/12)+$136,092.08/(1+R/12)^60....(4)

Let solve for R in equation (3)

R=9.74%

NO. Based on the above calculation my answers to (a) and (b) would NOT change if the second mortgage had a 10-year term reason been that the cost of debt is greater in Alternative 2 which means that Alternative 2 will be preferable.

The Ralston Company manufactures a special line of graphic tubing items. The company estimates it will sell 87,000 units of this item in 2020. The beginning finished goods inventory contains 32,000 units. The target for each year's ending inventory is 22,000 units. Each unit requires five feet of plastic tubing. The tubing inventory currently includes 88,000 feet of the required tubing. Materials on hand are targeted to equal 3 months' production. Any shortage in materials will be made up by the immediate purchase of materials. Sales take place evenly throughout the year. What is the production budget (in units) for 2020

Answers

Answer:Production budget for 2020 =77,000 units

Explanation:

Production budget also referred to as manufacturing budget tells a business  the expected units needed to  be produced which depends on the sales budget in the inventories ( both closing and opening) so as to meet customers demand.  

Units produced =  Projected sales +  desired ending inventory –  beginning inventory

Units Produced/ Production budget for 2020 =87,000  +  22,000 - 32,000  

= 77,000 units

0

A bank account is opened in the name of 'X' with full KYC of 'X'. 'X' later sells his account to 'Y', who is now using the account and 'X' is not aware of the trasnactions in the account. Such an account is called_

Answers

Answer:

abcdefu

Explanation:

Such an account is called a "benami account"

The scenario you described, where a bank account is opened in the name of 'X' with full KYC (Know Your Customer) of 'X', but 'X' later sells the account to 'Y' who uses it without 'X' being aware of the transactions, does not have a specific term commonly used to describe it. It seems to be an unauthorized use of someone else's bank account.

However, it is important to note that such a scenario raises significant legal and ethical concerns. Using someone else's bank account without their knowledge or consent is generally considered fraudulent and illegal in many jurisdictions. It's crucial for individuals to protect their personal information, including bank account details, and to promptly report any suspicious or unauthorized activity to their bank or relevant authorities.

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Which of these is NOT considered an "out-of-pocket" expense?
O Your monthly premium
O A copay of $15 to fill a prescription
O A $1000 deductible if you're in an auto accident
O Excess bills from a car accident once you've gone over your maximum coverage limit

Answers

Answer:

c

Explanation:

a $1000 deduct because your insurance covers it.

the required return on the stock of moe's pizza is 12.1 percent and after tax required return on the company's debt is 3.79 percent. the company's market value capital structure consists of 73 percent equity. the company is considering a new project that is less risky than current operations and it feels the risk adjustment factor is minus 2.2 percent. the tax rate is 40 percent. what is the required return for the new project

Answers

Answer:

7.65%

Explanation:

required return = (percent of stock x required return on stock) + (after tax cost of debt  x percent of debt) - adjustment factor

Percent of debt = 100 - 73 = 27%

(12.1 x 0.73) + (3.79 x 0.27) - 2.2 = 7.65%

Read the scenario, and answer the question.

Enrique interviewed for a copyeditor position six days ago. He decides to write a follow-up e-mail to ask how the decision process is going. He composes a first draft, but he knows that he will need to make some revisions.

To Whom It May Concern: My interview last week was enjoyable. Thank you. I am still interested in the job. In fact, I really, really need a job in the next week. I haven't heard anything from you or the human resources representative, and I am wondering what the holdup is. I'm very eager to know your decision, so if you could hurry things up, I would greatly appreciate it. I look forward to hearing from you.

Sincerely,
Enrique Heller

Choose one possible revision suggestion for the previous follow-up letter.

a. Include a statement informing the interviewer that you will call until you get an answer.
b. Include a date when he expects to hear from the prospective employer.
c. Identify the position he applied for and the date of the interview.

Answers

Answer:

One possible revision suggestion for the previous follow-up letter is to:

c. Identify the position he applied for and the date of the interview.

Explanation:

Stating clearly the position that Enrique interviewed for and the the date of the interview will enable the interviewer to reconsider the candidacy of Enrique for the copy-editor position.  However, the wording of his first draft of the follow-up email sounds too condescending.  Enrique should not display some desperation in his job-search effort.

ESD wants to determine the best order size for 2x4x6 pressure treated pine lumber required for making custom cabinets. ESD's estimated annual demand, ordering cost and carrying cost are provided below. Round your answer to the nearest whole number. Annual Demand: 6,750 boards Cost per Order: $225 Carrying Cost: $4.25

Answers

Answer:

the economic order quantity is 845 units

Explanation:

The computation of the economic order quantity is shown below;

As we know that

Economic order quantity is

= √2 × √annual demand × √ordering cost ÷ √carrying cost

= (√2 × √6750 × √$225) ÷ (√4.25)

= √3,037,500 ÷ √4.25

= √7,14,705.88

= 845 units

Hence, the economic order quantity is 845 units

There is a small fictitious island country, called Noil, floating in the south Pacific ocean. Many years ago there was an abundance of fish and the population grew rapidly. Now the adult population has reached a total of 35 thousand people. This year fishing and other jobs have been on the decline and now 1 thousand people are looking to find work. With an increasing elderly population 3 thousand are now retired. Boil does not have an army, but it does have a small coast guard of 432 citizens serving the country and patrolling the waters where needed. What is the country of Nails unemployment rate

Answers

Answer: 3.2%

Explanation:

The labor force of a nation consists of its working class population who are not retired, willing to work, and are not part of the military or defense bodies such as the Coast guard.

The labor force of this nation is therefore:

= Adult population - Retired people - Coast guard

= 35,000 - 3,000 - 432

= 31,568 people

If a thousand people are unemployed, the unemployment rate is:

= Unemployed / Labor rate

= 1,000 / 31,568

= 3.1568 %

= 3.2%

Witt Corporation received its charter during January of this year. The charter authorized the following stock:

Preferred stock: 10 percent, $10 par value, 21,600 shares authorized
Common stock: $8 par value, 50,900 shares authorized

During the year, the following transactions occurred in the order given:

a. Issued 38,600 shares of the common stock for $12 per share.
b. Sold 6,900 shares of the preferred stock for $16 per share.
c. Sold 5,000 shares of the common stock for $15 per share and 2,600 shares of the preferred stock for $26 per share.
d. Net income for the year was $55,000.

Required:
Prepare the stockholders' equity section of the balance sheet at the end of the year.

Answers

Answer:

Witt Corporation

Stockholders' Equity Section of the Balance Sheet at the end of the year:

Authorized share capital:

10% Preferred stock, $10 par, 21,600 shares

Common stock, $8 par, 50,900 shares

Issued and outstanding:

10% Preferred stock, $10 par, 9,500 shares   $95,000

Additional Paid-in Capital- Preferred                  83,000

Common stock, $8 par, 43,600 shares           348,800

Additional Paid-in Capital- Common stock       189,400

Retained earnings                                              55,000

Total equity                                                      $771,200

Explanation:

a) Data and Analysis:

Authorized share capital:

10% Preferred stock, $10 par, 21,600 shares

Common stock, $8 par, 50,900 shares

Transactions:

a. Cash $463,200 Common stock $308,800 Additional Paid-in Capital-Common $154,400, 38600 shares at $12 per share

b. Cash $ 110,400 10% Preferred stock $69,000 Additional Paid-in Capital-Preferred $41,400, 6,900 shares at $16 per share

c. Cash $142,600,000 Common stock $40,000 Additional Paid-in Capital-Common $35,000 10% Preferred stock $26,000 Additional Paid-in Capital-Preferred $41,600 5,000 shares of the common stock at $15 per share and 2,600 shares of the preferred stock at $26 per share

d. Net income for the year = $55,000

Cash:

Common stock                                  $308,800

Additional Paid-in Capital-Common    154,400

10% Preferred stock                              69,000

Additional Paid-in Capital-Preferred     41,400

Common stock                                     40,000

Additional Paid-in Capital-Common    35,000

10% Preferred stock                             26,000

Additional Paid-in Capital-Preferred    41,600

Total cash                                         $716,200

GlaxoSmithKline sponsored a weight-loss community in preparation for the launch of its first weight-loss drug, Alli. Which of the following could be a key marketing benefit of forming an online community? A) A community enables GlaxoSmithKline to create opinion leaders. B) Users generate their own content, so ads may appear near a variety of messages. C) Two-way information flow can give the company customer information and insights. D) The community can become a point of contact for product recalls. E) An online community offers controllable one-way communication with customers.

Answers

Answer: C) Two-way information flow can give the company customer information and insights.

Explanation:

An online community, can also be referred to as the also web community, and this simply means a community whereby the members can interact with one another through the Internet.

A key marketing benefit of forming an online community by GlaxoSmithKline is that there'll be a two-way information flow that can give the company customer information and insights.

For example, through the use of social media, the company can communicate with the customers and also get feedbacks from them.

The probability that inventory will remain in stock based upon a specified level of Safety Stock is called: A. The Order-Up-To Level B. The Odds of Fulfillment C. The Odds of Stockout D. The Service Level E. The Inventory Position

Answers

Answer:

The answer is "Option D".

Explanation:

The system's performance is gauged only by the level of service. The quality of service specifies the percentage of such goals which should be met. That likelihood of stock remaining in inventory based on a set level of Security Stock is referred to as the service level. Ex: In a contact center, the number of calls that are addressed. That percentage of consumers who have waited less than a fixed amount of time.

The probability that inventory will remain in stock is based upon a specified level of safety stock, which is called the service level stock.

Safety stock safeguards and maintains the effective production process of the organization during the busy season or unexpected rise in demand.

Service level stock states the probability about the stock of inventory that is with the business at the time of lead would be sufficient to fulfill the demand and production requirements. Thus, the situation of stock out would not be seen during the lead period.  

Learn more about safety stock here:  

https://brainly.com/question/14054595

The Venezuelan bolivar (VEF) is currently officially pegged to the U.S. dollar at a rate of $0.10/bolivar. However, in practice no one cares about this pegged rate because capital controls prevent anyone from actually trading at this rate. Without capital controls, investors would bankrupt the Venezuelan government by demanding dollars in exchange for bolivars. Which scenario is consistent with this description

Answers

Answer:

the options are missing, so I looked for a similar question:

A. A black market exchange rate of $0.05/VEF because the government peg overvalues the bolivar

B. A black market exchange rate of $0.20/VEF because the government peg overvalues the bolivar

C. A black market exchange rate of $0.05/VEF because the government peg undervalues the bolivar

D. A black market exchange rate of $0.20/VEF because the government peg undervalues the bolivar

The answer should be:

A. A black market exchange rate of $0.05/VEF because the government peg overvalues the bolivar

The bolivar should be worth much less if anyone could buy or sell dollars freely, thereofre, this means that the bolivar is overvalued by the Venezuelan government.

On January 1, 2020, Shay Company issues $700,000 of 10%, 15-year bonds. The bonds sell for $684,250. Six years later, on January 1, 2026, Shay retires these bonds by buying them on the open market for $731,500. All interest is accounted for and paid through December 31, 2025, the day before the purchase. The straight-line method is used to amortize any bond discount. 1. What is the amount of the discount on the bonds at issuance

Answers

Answer:

Discount on bonds issuance = $15750

Explanation:

A bond is issued at a discount when the issue price of the bond is less than the face value of the bond. This usually happens when the coupon rate paid by the bond is less than the market interest rate. To calculate the amount of discount on bonds issuance, we simply deduct the issue price from the face value of the bond. Thus,

Discount on Bonds = Face value - Issue price

As we know the face value of the bonds is $700000 and the issue price is $684250, we can calculate the discount on issuance to be,

Discount on bonds issuance = 700000 - 684250

Discount on bonds issuance = $15750

A one-year Future contract is an agreement where​

Answers

One side has the right to buy an asset for a certain price in one year's time. One side has the obligation to buy an asset for a certain price in one year's time. One side has the obligation to buy an asset for a certain price at some time during the next year.

Earth Farm arranges to have Fresh Express Inc., a common carrier, transport a load of almonds. Fresh Express will be liable for any loss or damage to the almonds a. unless the carrier exercised reasonable care. b. unless the loss or damage is caused by a natural disaster. c. under no circumstances. d. under any circumstances.

Answers

Answer:

b. unless the loss or damage is caused by a natural disaster.

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, etc.

Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent.

In this scenario, Earth Farm enters a contractual agreement with Fresh Express Inc., a common carrier, to have them transport a load of almonds.

By law, Fresh Express will be liable for any loss or damage to the almonds unless the loss or damage is caused by a natural disaster such as earthquake, volcanoes, flood, tsunami, etc.

This ultimately implies that, any loss or damage to the almonds incurred by Fresh Express based on intentional or artificial actions.

Answer:

b. unless the loss or damage is caused by a natural disaster.

Explanation:

Hope this helps

:
a.
Which of the following environmental justice policies would the Environmental Protection Agency be least interested in
and able to support?
fair treatment
b. legal policies
C. social justice
d. corrective justice
Please select the best answer from the choices provided
B
Оооо
D

Answers

Answer:

C

Explanation:

EDGE

In the financial abbreviation APR, the A stands for _______. a. approved, b. annual, c. actual, d. average

Answers

APR

The answer is option B: "annual."

APR stands for "Annual Percentage Rate." It is a term used to describe the annualized interest rate charged on a loan or credit card. APR is a measure of the cost of borrowing money and is expressed as a percentage. It includes not only the interest rate on the loan, but also any additional fees or charges that may be associated with borrowing the money. The APR helps borrowers compare the costs of different loans and credit cards, as it reflects the true annual cost of borrowing money.

Hope This Helps You!

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