Answer:
250,000$
Explanation:
Sales revenue is $500. Profit is $70. Gross margin ratio is 13%. Required rate of return is 10% a year. Asset turnover is 0.4. Current liabilities are $250. Compute return on investment (ROI).
Answer:
Return on investment (ROI) =
7%.
Explanation:
a) Sales Revenue = $500
Profit = $70
Gross margin ratio = 13%
Gross profit = $65 (13% of $500)
Cost of goods sold = $435 ($500 - 65)
Rate of return = 10%
Asset turnover ratio = 0.4
Asset = $500 / 0.4 = $1,250
Cost of Investment = Asset - Current Liabilities
= $1,250 - 250
= $1,000
ROI = Profit/Total investment
= $70/$1,000 * 100
= 7%
b) The Return on Investment (ROI) is a financial performance measure which evaluates the returns from an investment in order to determine the efficiency of the investment. ROI is calculated by taking the benefit (or return) of the investment and dividing it by the cost of the investment. The resulting figure is expressed as a percentage or a ratio.
Brewer Inc. is owed $212,000 by Carol Co. under a 10% note with two years remaining to maturity. Due to financial difficulties Carol Co. did not pay the prior year's interest. Brewer agrees to settle the receivable (and accrued interest) in exchange for a cash payment of $162,000. The journal entry that Brewer would make to record this transaction would include a loss on troubled debt restructuring as bad debt expense in the amount of:
Answer:
General Journal
Date Accounts Titles and Explanations Debit Credit
Cash $162,000
Loss on troubled debt $71,200
restructuring (plug)
Accrued Interest Receivable
($212,000*10%) $21,200
Note Receivable $212,000
(To record loss on troubled debt restructuring on settlement)
Strawbale, Inc. purchases a $600,000 building, paying $400,000 in cash and signing a $200,000 promissory note. What will be reported on the statement of cash flows as a result of this transaction?A. A $600,000 cash outflow from investing activitiesB. A $400,000 cash outflow from investing activities and a $200,000 cash inflow from financing activitiesC. A $400,000 cash outflow from investing activities and a $200,000 noncash transactionD. A $600,000 cash outflow from investing activities and a $200,000 cash inflow from financing activities
Answer:
The answer is C.
Explanation:
Statement of cash flow recognizes only cash transactions and does not reckon with non cash transaction.
Fine the purchase of the building cost $600,000 in total but for thr sake of cash flow statement, what goes in the only cash transaction of $400,000.
It is an outflow because money goes out from the firm to purchase the building.
And it is an investing activities because the building belongs to property, plant and equipment and it will give a future inflows
You are leading an international team and you are considering how this might impact your communications and decision making processes as a team. Your goal is to _______________.
a. adapt the work processes to cope with the cultural differences.
b. eliminate any type of bias.
c. decrease the common culture.
d. increase the unique differences between the cultures.
Answer:
a. adapt the work processes to cope with the cultural differences.
Explanation:
The multicultural environment of an international company needs to account for cultural differences that exists in the diverse team.
A process that takes into consideration these cultural differences bis aimed at adapting work processes with cultural differences.
This adaptation will make all employees comfortable working on the team and this boosts productivity
Pinkin Inc. needs to determine a price for a new phone model. Pinkin desires a 20% markup on the total cost of the phone. Pinkin expects to sell 34,000 phones. Additional information is as follows: Variable product cost per unit $ 77 Variable administrative cost per unit 55 Total fixed overhead 89,000 Total fixed administrative 81,000 Using the total cost method what price should Pinkin charge
Answer: $164.40
Explanation:
Pricing using the total cost method is;
= Fixed cost per unit + Variable cost per unit + Markup
Fixed cost per unit = (Fixed overhead + Fixed admin) / Units to be sold
= (89,000 + 81,000) / 34,000
= $5 per unit
Variable cost per unit = 77 + 55 = $132
Markup = 20% * (Fixed cost per unit + Variable cost per unit)
= 20% * ( 5 + 132)
= $27.40
Total cost price = 5 + 132 + 27.40
= $164.40
On January 1, 2019, the general ledger of Global Corporation included supplies of $1,300. During 2019, supplies purchased amounted to $5,600. A physical count of inventory on hand at December 31, 2019 determined that the amount of supplies on hand was $1,500. How much is the supplies expense for year 2019?
Answer:
the supplies expense for the year 2019 is $5,400
Explanation:
The computation of the supplies expense for the year 2019 is as follows:
Supplies Expense = Opening balance of Office supplies + Purchase of supplies during the year - ending balance of Office supplies
= $1,300 + $5,600 - $1,500
= $5,400
Hence, the supplies expense for the year 2019 is $5,400
We simply applied the above formula so that the correct value could come
And, the same is to be considered
The supplies of the expense for the year from 2019 is about $5,400.
What are the computations of the expenses ?The computation for the supplies and expenses for the year of 2019 . The supplies expense is equal to the opening balance of the Office supplies plus the purchase of the supplies during the year minus the ending balance of the office supplies
= $1,300 + $5,600 - $1,500 = $5,400.
Hence the expense of the year is 5,400 USD.
Find out more information about the general ledger.
brainly.com/question/17053387.
The Rhaegel Corporation’s common stock has a beta of 1.7. If the risk-free rate is 5.7 percent and the expected return on the market is 11 percent, what is the company’s cost of equity capital? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answer:
the cost of equity capital as per CAPM is 14.71%
Explanation:
The computation of the cost of equity capital as per CAPM is shown below:
As we know that
= Risk free rate of return + beta × (market rate of return - risk free rate of return)
= 5.7% + 1.7 × (11% - 5.7%)
= 5.7%+ 1.7 × 5.3%
= 5.7% + 9.01%
= 14.71%
hence, the cost of equity capital as per CAPM is 14.71%
The same is relevant
Your classmates are planning to go to Miami for spring break, and you are undecided about whether you should go with them. The round-trip airfares are $600, but you have a frequent-flyer coupon worth $500 that you could use to pay part of the airfare. All other costs for the vacation are exactly $900. The most you would be willing to pay for the trip is $1400. Your only alternative use for your frequent-flyer coupon is for your trip to Atlanta two weeks after the break to attend your sister's graduation, which your parents are forcing you to attend. If the Atlanta round-trip air fare is $350, should you go to Miami
Answer:
You should use the discount coupon to pay for the Miami trip. Not considering the personal motivations for the trip, the coupon is worth $500. The cost of flying is $600, so you will only pay $100 yourself. You will be spending $900 + $1000 = $1,000 in total.
The opportunity cost of using the coupon is $350 (the cost of the round trip to Atlanta). Even if you add the $350 to the $1,000 expense, the total is $1,350, less than your $1,400 maximum budget.
A(n) _____ is a formal meeting between an employer and a job applicant
a. background check
b. gatekeeper
c. interview
d. personality test
Answer:
The answer is C; interview
Explanation:
Option A is wrong because a Background check is being done by the HR by researching your information online. So you would not meet with HR face to face.
Option B is wrong because screening applicants' cv without meeting them is also considered as gatekeeper
Option D is wrong because personality test is often carried out through questionnaires,
Answer:
C. interview
Hope this helps!
Explanation:
Nora is creating a vision statement for a company that creates educational content for students. What should she keep in mind?
Answer:educational strategies
Explanation:
A company issues 1 million shares of common stock with a par value of $0.17 for $16.50 a share. The entry to record this transaction includes a debit to Cash for:________.a) $170,000 and a credit to Common Stock for $170,000.b) $16,500,000 and a credit to Common Stock for $16,500,000.c) $16,500,000, a credit to Common Stock for $170,000, and a credit to Additional Paid-in Capital for $16,330,000.d) $170,000, a debit to Capital Receivable for $16,330,000, a credit to Common Stock for $170,000, and a credit to Additional Paid-in Capital for $16,330,000.
Answer:
c) $16,500,000, a credit to Common Stock for $170,000, and a credit to Additional Paid-in Capital for $16,330,000.
Explanation:
The journal entry is as follows:
Cash Dr (1 million shares × $16.50) $16,500,000
To Common stock (1 million shares × $0.17) $170,000
To Additional paid in capital in excess of par value $16,330,000
(Being the issuance of the shares is recorded)
Here cash is debited as it increased the assets and the rest of the two accounts are credited as it also increased the equity
Therefore the correct option is c
Tzunam Corp. is preparing its cash budget. It expects to have sales of $30,000 in January, $35,000 in February, and $30,000 in March. If 20% of sales are for cash, 40% are credit sales paid in the month after the sale, and another 40% are credit sales paid 2 months after the sale, what are the expected cash receipts for March?
a. $36,000.
b. $39,600.
c. $42,480.
d. $42,840.
e. $40,320.
Answer:
The expected cash receipts for March is $32,000.
Note: The correct answer is $32,000 but this is not included in the option. Kindly confirm this from your teacher.
Explanation:
The expected cash receipts for March can be calculated as follows:
Cash received from sales in March = $30,000 * 20% = $6,000
Cash received from sales in February = $35,000 * 40% = $14,000
Cash received from sales in January = $30,000 * 40% = $12,000
Therefore, we have:
Expected cash receipts for March = Cash received from sales in March + Cash received from sales in February + Cash received from sales in January = $6,000 + $14,000 + $12,000 = $32,000
The term scarcity can be applied to which situation, limited resources and
A
the lack of proper technological advances.
B
overpopulation in industrial areas.
с
the failure to produce what the consumer wants.
D
unlimited wants and needs.
Answer:
D: unlimited wants and needs.
Explanation:
The resources we require to meet our basic everyday need and wants seems to be never enough. Resources are valuable things used to satisfy people's needs and wants, such as land, tools, money, time, and materials. The nature of resources is that there are limited in supply.
Scarcity is a state of not having sufficient resources to satisfy needs and wants. Due to scarcity, individuals, firms, and countries must prioritize their needs and wants. They have to devise a formula that guides the allocation of limited resources to meet insatiable needs. Scarcity requires prudent use of the few resources to address the needs and wants of community members.
Answer:
D
Explanation:
Prince Paper has budgeted the following amounts for its next fiscal year: Total fixed expenses $500,000 Selling price per unit $75 Variable expenses per unit $25 If Price Paper spends an additional $12,500 on advertising, sales volume should increase by 2,300 units. What effect will this have on operating income?
Answer:
Increase in Operating Income of $102,500.
Explanation:
Consider the incremental effects as follows
Sales (2,300 × $75) $172,500
Less Variable Costs ( 2,300 × $25) ($57,500)
Contribution $115,000
Less Fixed Costs ($12,500)
Change in Operating Income $102,500
Therefore,
The effect is an Increase in Operating Income of $102,500.
