Make every effort to ensure that everyone participating in the liquidation is treated fairly.
He may be requested to offer suggestions for how to allocate partnership funds.
What is partnership?
In a partnership, parties who are referred to as business partners agree to work together to further their shared objectives. Individuals, companies, interest-based organisations, schools, governments, or combinations of these may be the partners in a partnership.
What happens in absence of any written document?
A partnership is a type of business arrangement where two or more persons jointly own an entity and bear personal responsibility for all of its risks and rewards. Partners may receive some protection depending on the specific type of partnership chosen. Without any kind of written agreement, a verbal agreement might create a partnership.
To know more about partnership, click here- brainly.com/question/25012970
#SPJ4
dawn, a sales executive at wind homes limited, sells building materials to the construction contractors in new jersey. she is able to achieve her annual sales target for wooden planks, but the sales of the other construction materials are far below the set target. dawn explains to her existing customers the benefits of buying the other construction materials from her along with the wooden planks. identify the strategy being used by dawn in this scenario.
Dawn, a sales executive at wind homes limited, sells building materials to construction contractors in new jersey. The strategy being used by dawn in this scenario is Full-Line Selling.
In trendy terms, a contractor is liable for making plans, main, executing, supervising and examining a construction creation challenge. The duty extends from the beginning to the stop of the task, no matter its scope.wellknown Contractors vs. Subcontractors. A contractor can be a widespread contractor or a contractor with a distinctiveness hired for a specific activity inside the creative industry. standard contractors are regularly capable of get higher pricing, each in terms of materials and labor, particularly if it means that a GC may be wanting greater of both for destiny projects. whilst a preferred contractor is honest and the running enjoy is a nice one, this bodes well for the timely crowning glory of your project.
Learn more about contractors here: https://brainly.com/question/7429981
#SPJ4
which of the following statements explains the difference between final goods and intermediate goods with regards to the gdp? (2 points)
An intermediate good, on the other hand, is one that will be resold or used in the creation of another good. A final good is one that is sold to the end consumer.
In relation to GDP, what are the distinctions between final and intermediate goods?Products that don't need any additional processing are referred to as final goods. These products, which are created with the intention of being consumed directly by the final customer, are also referred to as consumer goods. All products that businesses utilize to produce finished goods or services are referred to as intermediate goods.
How are intermediate commodities and finished items related?We purchase final goods, also known as consumption goods or finished commodities, to use or consume immediately. The components of final goods, such as raw materials, are known as intermediate goods. Investing in capital goods helps produce other commodities because they are fixed inputs.
To know more about final goods and intermediate goods visit:
https://brainly.com/question/13447937
#SPJ4
the cost of an intangible asset includes all of the following except group of answer choices purchase price. legal fees. other incidental expenses. all of these choices are included.
Option (d) is correct. All of these are included as cost of an intangible asset does not include purchase price, legal fees and other incidental expenses.
What is an intangible asset?Any monetary or non-financial item that cannot be physically touched is considered an intangible asset. A separable asset or one that results from a contractual right or other legal right is one that can be identified.
Assets that are separable may be sold, given away, licensed, etc. Computer software, licenses, trademarks, patents, movies, copyrights, and import quotas are a few examples of intangible assets. An intangible asset's cost includes the price paid for it as well as any additional expenses incurred to get it ready for usage.
As a result, the cost of the intangible asset includes the acquisition cost, legal fees, and other incidentals.
To know more about intangible assets, follow link:
https://brainly.com/question/14892188
#SPJ4
On January 1, 2024, the Allegheny Corporation purchased equipment for $116,000. The estimated service life of the equipment is 10 years and the estimated residual value is $6,000. The equipment is expected to produce 260,000 units during its life. Required: Calculate depreciation for 2024 and 2025 using each of the following methods.
Depreciation expenses using Straight line is $11,000
Depreciation expenses using Double-declining balance is $18,400
Depreciation expenses using Units of production is $12,500
Straight-line method of depreciation is regarded as the simplest form of depreciation
The formula for this method is
{[Purchase value of equipment - Estimated residual value) / Estimated service life}
Given information
Purchase value of equipment = $115,000
Estimated residual value = $5,000
Estimated service life = 10
Depreciation expenses = ($115,000 - $5,000) / 10 years
Depreciation expenses = $110,000 / 10
Depreciation expenses = $11,000
Double-declining balance method is an accelerated depreciation method where asset are depreciated at twice the rate in the straight-line method
Depreciation rate = 1 / Estimated service life
Depreciation rate = 1 / 10
Depreciation rate = 10%
So, the rate is double = 10% * 2 = 20%
In year 1, the original cost is $115,000, Depreciation = $23,000 after applying the 20% depreciation rate
in year 2, Depreciation = ($115,000 - $23,000) * 20%
Depreciation = $18,400
Formula for Units-of-production method is
(Purchase value of equipment - estimated residual value) / Estimated production units
Units-of-production method = [$115,000 - $5,000] / $220,000 units
Units-of-production method = $110,000 / 220,000 units
Units-of-production method = $0.5 per units
For 2021, Depreciation = Production units in 2021 year * Depreciation per unit
Depreciation = 30,000 units × $0.5
Depreciation = $15,000
For 2022, Depreciation = Production units in 2022 year * Depreciation per unit
Depreciation = 25,000 units * $0.5
Depreciation = $12,500
See similar solution on depreciation here
brainly.com/question/23026143
#SPJ4
It is difficult to establish discount rate for individual projects, so firm's often adopt an approach that involves making _________ adjustments to the overall WACC.
It is difficult to establish discount rate for individual projects, so firms often adopt an approach that involves making subjective adjustments to the overall WACC.
What is WACC?
The weighted average cost of capital (WACC), which includes ordinary stock, preferred stock, bonds, and other types of debt, is the average after-tax cost of capital for a company. The WACC is the typical interest rate that a business anticipates paying to finance its assets.
Because WACC reflects the return that both bondholders and shareholders require in order to provide the firm with capital in a single value, it is frequently used to calculate necessary rate of return (RRR). Because investors will want larger returns, a company's WACC is likely to be higher if its stock is very volatile or if its debt is seen as hazardous.
To study more about WACC.
https://brainly.com/question/15595219
#SPJ4
TRUE/FALSE. project partnerships can be advantageous to both the client and the vendor, in terms of improved project execution, flexibility, and reduced bid administration.
project partnerships can be advantageous to both the client and the vendor, in terms of improved project execution, flexibility, and reduced bid administration. The statement is true.
Explain project partnership.
An effective collaboration is built on strong communication. Communication is crucial at every stage of a project, including during meetings, requirements documentation, budget and progress reports, and all subsequent emails and phone conversations. Your technology company's time spent corresponding with you is included in the total cost of the project.
To ensure that everyone is on the same page, setting project limits early on is just as important as having the conversation about establishing the partnership. The project will remain on budget and on schedule if such constraints are respected, notwithstanding the emergence of fresh concepts and other competing demands.
To study more about project partnership.
https://brainly.com/question/16929795
#SPJ4
What are the advantages of having a checking account quizlet?
A checking account is a convenient way to pay your bills since it is safer than carrying cash, has an integrated record-keeping system, shows evidence of purchases, and allows you access to many other banking services.
What do you mean by checking account?
A checking account is a sort of bank account that enables simple deposits and withdrawals of cash for everyday use. For instance, you may use your debit card to withdraw cash, deposit a check you receive, or set up direct deposit to get your paychecks.Earn interest: Some checking accounts pay interest, so even when your money is just sitting in the account, it can increase. FDIC protection: You could be interested in a checking account if you've been storing your money in jars or beneath your mattress due to its security.Regular (basic) checking accounts, premium checking accounts, student checking accounts, senior checking accounts, interest-bearing accounts, business checking accounts, and rewards checking accounts are a few of the several types of checking accounts.To know more about Checking account here
https://brainly.com/question/26181559
#SPJ4
you work for the city planning agency in houston and successfully pass ordinances designed to double population density. based on the graph, predict the approximate change in carbon emissions.
you work for the city planning agency in houston and successfully pass ordinances designed to double population density. based on the graph, predict the approximate change in carbon emissions. 50% decline.
Typically, when someone uses the word "population," they are referring to the entire population of a given area, such as a city or town, region, country, continent, or the entire world. Governments commonly conduct censuses to estimate the number of residents living within their jurisdiction. A census is a process for obtaining, evaluating, summarizing, and publishing facts regarding a population. Ddouble population is a group of organisms that are all members of the same species, dwell in the same area, and are able to reproduce with one another. A territory is said to have a sexual population when it is both possible and more likely for any two local residents to interbreed than for them to cross breed with people from other areas. Ecologists use the Lincoln index as a method to evaluate a species' population in a given region.
Learn more about population from
brainly.com/question/25630111
#SPJ4
If a firm enters into a contract governed by the Uniform Commercial Code in Ohio, it would be operating under _____.
Multiple Choice
federal statutory law
both the federal Uniform Commercial Code and the Ohio (state) Uniform Commercial Code
federal common law
the Ohio (state) Uniform Commercial Code
either the federal Uniform Commercial Code or the Ohio (state) Uniform Commercial Code, at the election of the seller and assuming the seller specifies choice of law in the contract
The correct answer is if a firm enters into a contract governed by the Uniform Commercial Code in Ohio, it would be operating under the Ohio (state) Uniform Commercial Code.
All business transactions in the United States are governed by the UCC, a comprehensive body of legislation and is a uniformly enacted state law rather than a federal one. For interstate business transactions, uniformity of law is important in this field.
Due to the prominence of cross-state business transactions, the objective of state law harmonization is crucial. As an illustration, products might be produced in State A, stored in State B, sold from State C, and delivered to State D.
The UCC succeeded in achieving the objective of significant uniformity in business rules while also giving the states the option to adapt the UCC's wording in accordance with local laws in each state.
To know more about 'Uniform Commercial Code' related questions
visit- https://brainly.com/question/8476938
#SPJ4
receiver operating characteristic (roc) curves plot the true positive rate versus the false positive rate and are useful for model selection.
Receiver operating characteristic (ROC) graphs are used for selecting the most appropriate classification models based on their performance with respect to the false positive rate (FPR) and true positive rate (TPR).
Give a brief about the Receiver operating characteristic (ROC)?
A receiver operating characteristic curve, often known as a ROC curve, is a graphical figure that shows how a binary classifier system's diagnostic capacity changes when the discrimination threshold is altered. The technique's name comes from the fact that it was initially created for users of military radar sensors beginning in 1941.
Plotting the true positive rate (TPR) against the false positive rate (FPR) at various threshold levels yields the ROC curve. Other names for the true-positive rate include sensitivity, recall, and likelihood of detection. [10] The chance of a false alarm, which is another name for the false-positive rate, may be computed as (1 specificity).
To study more about Receiver operating characteristic (ROC)
https://brainly.com/question/28197236
#SPJ4
The Theater Arts Guild of Dallas (TAG-D) employs five people in its Publication De- partment. These people lay out pages for pamphlets, brochures, magazines, and other publications for the TAG-D productions. The pages are delivered to an outside company for printing. The company is considering an outside publication service for the layout work. The outside service is quoting a price of $13 per layout page. The budget for the Publication Department for the current year is as follows: Salaries Benefits Supplies Office expenses Office depreciation $224,000 36,000 21,000 39,000 28,000 24,000 $372,000 Total The department expects to lay out 24,000 pages for the current year. The Publication Department office space and equipment would be used for future administrative needs, if the department's function were purchased from the outside a. Prepare a differential analysis dated February 22 to determine whether TAG-D should lay out pages internally (Alternative 1) or purchase layout services from the outside (Alternative 2)
Due to the negative income, purchasing from outside is not advantageous.
What is Differential Analysis?Differential analysis is a strategy for making decisions that analyzes the net outcomes of two alternatives after examining the costs and advantages of each. The option with the most advantageous (or least adverse) financial impact is chosen. Managers need to be proficient in differential analysis, which focuses on identifying the costs and advantages that vary across alternatives, in order to make decisions successfully. Differential costs might be either fixed or variable costs, or perhaps both. Executives of the organization utilize differential cost analysis to compare possibilities and make wise decisions that will benefit the business.
Statement showing Differential Analysis Internally Outsource Differential
Costs:
Purchase price of layout - $325,000 -$325,000
work (25,000*$13)
Salaries $224,000 - $224,000
Benefits $36,000 - $36,000
Supplies $21,000 - $21,000
Office expenses $39,000 - $39,000
Office depreciation $28,000 $28,000 -
Computer depreciation $24,000 $24,000 -
Income
Loss $372,000 $377,000 -$5,000
Because of the negative income, purchasing from outside is not advantageous.
To know more about Differential Analysis: https://brainly.com/question/12977983
#SPJ4
Now suppose that the government decides not to take any action in response to the short-run economic impact of the severe weather.In the long-run, when the government does nothing, the output in the economy will be $110 billion billion and the price level will be $110
Severe weather, which raises manufacturing costs, will restrict aggregate availability. The aggregate supply curve will move to the left as a result. As a result, the price level will rise but actual GDP will fall.
A decrease in RGDP raises unemployment because companies will recruit fewer people to create the same amount of production. This short-run economic outcome is known as Stagflation, because inflation is high, economic growth is slowing, and unemployment is high.
If the government does nothing, the economy will eventually reach the long run equilibrium, where output is $110 billion and the price level is $110 billion.
Learn more about to short-run economic visit here;
https://brainly.com/question/14509466
#SPJ4
a city has several small taxicab companies that compete against one another in the market. eventually, these small companies agree to merge and take over the market as a monopoly. which areas on the graphs below represent loss to consumers as a result of the newly formed monopoly?
The box between Pm and Pc and the triangle in front of it represent a loss to consumers as a result of the newly formed monopoly.
While vintage, massive businesses come to be monopolists, this isn't usually deliberate. entry right into a market can emerge as difficult due to a lack of funding for brand-new organizations. also, economies of scale make it difficult for a small, new company to function as successfully as a massive, mounted one.
A wonderfully competitive marketplace is a great market where there are numerous well-knowledgeable buyers and dealers, no limitations to market entry, and no opportunity for a monopoly. earnings, diminishing delivery, contention, and exclusion are a number of the 10 characteristics of an aggressive market.
Learn more about monopoly here https://brainly.com/question/13113415
#SPJ4
On July 1, 2020, Cheyenne Corporation purchased Young Company by paying $256,300 cash and issuing a $100,000 note payable to Steve Young. At July 1, 2020, the balance sheet of Young Company was as follows. Cash $50,100 Accounts payable $205,000 Accounts receivable 89,900 Stockholders’ equity 242,900 Inventory 109,000 $447,900 Land 40,200 Buildings (net) 76,000 Equipment (net) 70,900 Trademarks 11,800 $447,900 The recorded amounts all approximate current values except for land (fair value of $63,400), inventory (fair value of $125,600), and trademarks (fair value of $16,000). Collapse question part (a) Partially correct answer. Your answer is partially correct. Try again. Prepare the July 1 entry for Cheyenne Corporation to record the purchase. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit enter an account titleenter an account titleEntry field with correct answer Cash enter a debit amountenter a debit amountEntry field with correct answer 50,100 enter a credit amountenter a credit amountEntry field with correct answer enter an account titleenter an account titleEntry field with correct answer Accounts Receivable enter a debit amountenter a debit amountEntry field with correct answer 89,900 enter a credit amountenter a credit amountEntry field with correct answer enter an account titleenter an account titleEntry field with correct answer Inventory enter a debit amountenter a debit amountEntry field with correct answer 125,600 enter a credit amountenter a credit amountEntry field with correct answer enter an account titleenter an account titleEntry field with correct answer Land enter a debit amountenter a debit amountEntry field with correct answer 63,400 enter a credit amountenter a credit amountEntry field with correct answer enter an account titleenter an account titleEntry field with correct answer Buildings enter a debit amountenter a debit amountEntry field with correct answer 76,000 enter a credit amountenter a credit amountEntry field with correct answer enter an account titleenter an account titleEntry field with correct answer Equipment enter a debit amountenter a debit amountEntry field with correct answer 70,900 enter a credit amountenter a credit amountEntry field with correct answer enter an account titleenter an account titleEntry field with correct answer Trademarks enter a debit amountenter a debit amountEntry field with correct answer 16,000 enter a credit amountenter a credit amountEntry field with correct answer enter an account titleenter an account titleEntry field with correct answer Goodwill enter a debit amountenter a debit amountEntry field with incorrect answer now contains modified data enter a credit amountenter a credit amountEntry field with correct answer enter an account titleenter an account titleEntry field with correct answer Accounts Payable enter a debit amountenter a debit amountEntry field with correct answer enter a credit amountenter a credit amountEntry field with correct answer 205,000 enter an account titleenter an account titleEntry field with correct answer Cash enter a debit amountenter a debit amountEntry field with correct answer enter a credit amountenter a credit amountEntry field with correct answer 256,300 enter an account titleenter an account titleEntry field with correct answer Notes Payable enter a debit amountenter a debit amountEntry field with correct answer enter a credit amountenter a credit amountEntry field with correct answer 100,000
Journal Entry on July 1, 2020.
Accounts Debit Credit
Cash 50100
Accounts Receivable 89900
Inventory 125600
Land 63400
Building 76000
Equipment 70900
Trademark 16000
Goodwill 66700
Accounts Payable 205000
Notes Payable 100000
Cash 253600
Calculation of goodwill:
Goodwill = Purchase Consideration - (Assets Taken over - Liabilities Taken over)
Purchase Consideration = 100000 (notes payable) + 253600 (cash) = 353600
Assets Taken Over = 50100 + 89900 + 125600 + 63400 + 76000 + 70900 + 16000 = 491900
Liabilities Taken Over = 205000 (accounts payable)
Goodwill = 353600 - (491900 - 205000) = 66700
In financial accounting, a balance sheet is a summary of the financial balance of an individual or organization whether it is a sole proprietorship partnership corporation limited liability company, or another organization such as a government or non-profit organization.
Learn more about The balance sheet here:- https://brainly.com/question/1113933
#SPJ4
mentors are high-level managers and professionals who prepare with people high potential for advancement. True or False
The statement " Mentors are high-level managers and professionals who prepare with people high potential for advancement." is true.
Give a brief account on mentors.Someone who can help, counsel, and mentor you is a mentor. In addition to a manager or supervisor, this relationship benefits from a more intimate and private framework. There is no one-size-fits-all type of mentor; they may wind up being lifelong friends or they may merely be there to help you through a certain objective. Oprah Winfrey, Richard Branson, Christian Dior, and other famous people have all openly highlighted the influence their mentors had on their career.
A mentor's job is to support your personal development and help you realize your full potential. This could entail giving you advice on how to reach your professional or personal objectives, exposing you to fresh perspectives, posing limiting questions, imparting insightful life lessons, and much more. You may have multiple mentors over the course of your life and profession who serve as your guidance. In reality, mentoring comes in a wide variety of forms, including group and peer-to-peer. There are numerous ways to locate a mentor.
To know more about, mentors, visit :
https://brainly.com/question/28920879
#SPJ1
Ben is a director of Creation Corporation, an architectural firm. Without informing Creation, Ben goes into business with Design, Inc., a Creation competitor. Ben is liable for breach of a. the duty of care. b. none of the choices. c. the duty of loyalty. d. the business judgment rule.
Ben is a director of the architecture firm Creation Corporation. Ben enters a commercial partnership with Design, Inc., a rival of Creation, without telling them. Ben is responsible for breaking the loyalty obligation.
A director has a duty of loyalty to act in the organization's best interests at all times. One of the two fundamental fiduciary obligations that directors of a company must fulfill is the duty of loyalty. The other is the duty of care.
A director is required under the duty of loyalty to always act in the best interests of the firm. It also imposes the duty to avoid potential conflicts of interest, prohibiting a director from engaging in self-dealing or exploiting a company opportunity for private gain.
To know more about the duty of loyalty click here,
https://brainly.com/question/29739523
#SPJ4
_____ is the practice of charitable giving by corporations; includes contributing cash, donating equipment and products, and supporting the volunteers' efforts of company employees.
Group of answer choices
Ethical responsibility
Financial empowerment
Corporate benevolence
Economic responsibility
Corporate philanthropy
Corporate philanthropy is the practice of charitable giving by corporations; includes contributing cash, donating equipment and products, and supporting the volunteers' efforts of company employees.
The act of a company or organization supporting the wellbeing of others, typically through philanthropic donations of money or time, is known as corporate philanthropy. Corporate philanthropy aids in assisting local areas where businesses are headquartered. In essence, it provides organizations with free money through supporting corporate giving initiatives.
Corporate philanthropy supports nonprofit organizations in a variety of ways, including through volunteer grants and corporate matching donation initiatives. Corporate programs can significantly boost the impact of donations and volunteer work for organizations.
Corporate philanthropy increases employee engagement and adds value to the company. When firms engage in corporate philanthropy, they improve their relationships with customers, foster a great workplace culture, and build their own positive public image.
To know more about Corporate philanthropy refer:
https://brainly.com/question/28321413
#SPJ4
True/False1.Is optimal portfolio the combination of securities that achieves the highest expected return for a desired level of risk.2. Risk premium must always be larger than required return.
Is optimal portfolio the combination of securities that achieves the highest expected return for a desired level of risk. This statement is true.
What Is the Optimal Portfolio?A portfolio that has been perfectly balanced between risk and return is said to be optimal. The best portfolio balances investments with tolerable risk and the highest potential returns, or investments with the lowest risk for a given return.
A portfolio that minimizes your risk for a certain level of return or maximizes your return for a certain level of risk is the ideal portfolio. It implies that risk and return cannot be viewed separately. To achieve bigger rewards, you must accept greater risk.
An asset portfolio that maximizes expected return for a specific degree of risk can be put together by investors using the Modern Portfolio Theory (MPT), a theory of investments.
To know more about Optimal Portfolio, refer:
https://brainly.com/question/28217756
#SPJ4
A client erroneously recorded a large purchase twice. Which of the following internal control measures would be most likely to detect this error in a timely and efficient manner?a) Footing the purchases journalb) Reconciling vendors' monthly statements with subsidiary payable ledger accountsc) Tracing totals from the purchases journal to the ledger accountsd) Sending written quarterly confirmation
The answer of the given question is option b which is Reconciling vendor's monthly statement with subsidiary payable ledger accounts.
The general ledger for accounts payable is the ledger account in which the totals of all business dealings with suppliers, such as purchase invoices and returns, payments to suppliers, and trade and settlement discounts, are recorded. At any given time, the balance of the general ledger account should accurately reflect the total sum owed to suppliers.
The general ledger's accounts payable subledger is an addition where supplier-level processing of transactions is done. The subledger can be used to generate a list of outstanding balances by supplier, and theoretically, the sum of this list should match the balance of the accounts payable general ledger account. This demonstrates the validity, accuracy, and completeness of the accounts payable
learn more about general ledger's here
https://brainly.com/question/17201999
#SPJ4
Narcisco Publications established the following standard price and costs for a hardcover picture book that the company produces. Standard price and variable costs Sales price Materials cost Labor cost Overhead cost Selling, general, and administrative costs $90.00 18.00 9.00 12.60 14.40 Planned fixed costs Manufacturing overhead Selling, general, and administrative $270,000 108,000 Narcisco planned to make and sell 30,000 copies of the book. Required a. d. Prepare the pro forma income statement that would appear in the master budget and also flexible budget income statements, assuming production volumes of 29,000 and 31,000 units. Determine the sales and variable cost volume variances, assuming volume is actually 31,000 units. Indicate whether the variances are favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).) Master BudgetFlexible Budgets Volume Variances Number of units 30,000 29,000 31,000 ales revenue Variable manufacturing costs Materials Labor Manufacturing Overhead Variable selling general, and administrative costs Contribution margin Fixed costs None Manufacturing Overhead Fixed selling, general, and administrative costs Net income
The following are the required units for the Pro forma Income Statements, Sales, and Variable Cost Volume Variances. :
Give a brief account on Pro Forma."For the purpose of form" or "as a matter of form" is what "pro forma" means. It serves as a reminder that certain assumptions or expectations were employed while calculating financial outcomes when it appears in financial statements. Pro forma financials aren't calculated in accordance with generally accepted accounting principles (GAAP) and typically omit one-time charges that aren't related to ongoing business operations, like the costs associated with restructuring after a merger.
In essence, a pro forma financial statement can eliminate anything that a firm thinks obscures the veracity of its financial prognosis and can be a helpful piece of information to help evaluate a company's future prospects.
To solve the question :
These are the specifications for the Pro forma Income Statements, Sales, and Variable Cost Volume Variances :
Narcisco Publications
Pro forma Income Statements
29,000 units 30,000 units 31,000 units
Sales Revenue $2,610,000 $2,700,000 $2,790,000
Variable costs 1,566,000 1,620,000 1,674,000
Contribution margin $1,044,000 $1,080,000 $1,116,000
Fixed Costs:
Manufacturing overhead $270,000 $270,000 $270,000
Selling, general, & administrative 108,000 108,000 108,000
Total Fixed costs $378,000 $378,000 $378,000
Operating Income $666,000 $702,000 $738,000
Sales and Variable Cost Volume Variances :
Planned Actual Variance
Budget Budget
30,000 units 31,000 units 1,000 units F
Sales Revenue $2,700,000 $2,790,000 $90,000 F
Variable costs 1,620,000 1,674,000 54,000 U
Data and Calculations :
Standard price
Sales price $ 90.00
Materials cost 18.00
Labor cost 9.00
Overhead cost 12.60
SGA costs 14.40
Total variable costs $54.00
Contribution margin $36.00
Planned fixed costs
Manufacturing overhead $ 270,000
Selling, general, and administrative 108,000
Narcisco anticipated 30,000 units in sales and production.
Planned Actual Variance
Budget Budget
30,000 units 31,000 units 1,000 units F
Sales Revenue $2,700,000 $2,790,000 $90,000 F
Variable costs 1,620,000 1,674,000 54,000 U
Contribution margin $1,080,000 $1,116,000 $36,000 F
Fixed Costs:
Manufacturing overhead $270,000 $270,000 $0
Selling, general, & administrative 108,000 108,000 $0
Total Fixed costs $378,000 $378,000 $0
Operating Income $702,000 $738,000 $36,000 F
To know more about, pro forma, visit :
https://brainly.com/question/15417922
#SPJ1
a put option on dr. pepper snapple group, inc., has an exercise price of $45. the current stock price is $41. the put option is .
A put option on dr. pepper snapple group, inc., has an exercise price of $45. the current stock price is $41. the put option is in the money
Put Option
It is an Instrument that gives the right to sell a share, obligation, commodity or currency, at a predetermined exercise price, before a certain date. A put option only has value if the market price when it is exercised is less than its exercise price.
The buyer acquires the right but not the obligation to sell the underlying asset at a certain price, in a period of time not exceeding a stipulated date. The seller of the put option assumes the obligation to buy the underlying asset, if the option is exercised.
For more about put option here https://brainly.com/question/17135327
#SPJ4
The private equity market, which is also known as the _____, can be a source of capital for privately held ventures. Multiple choice question. federal capital market regional capital market enterprise capital market seed-capital market
The private equity market, which is also known as the enterprise capital market , can be a source of capital for privately held ventures.
Option C is correct.
What does capital market mean?A capital market refers to where funds are exchanged between providers and those seeking capital for their own use. Providers of capital markets are typically banks and investors, while companies, governments and individuals seek capital.
What is the function of capital markets?Facilitate the movement of capital and ensure that it is used more profitably and productively to increase national income. Promote economic growth. Mobilize savings to finance long-term investments. Facilitate securities trading
What are his three components of capital markets?The primary function of capital markets is to match investors to buy and sell securities. The three main participants in capital markets are savers (also called investors), borrowers, and shareholders.
Learn more about capital market:
brainly.com/question/5294223
#SPJ4
An important routine function of the Federal Reserve Bank is to:
supervise the liquidation of the assets of bankrupt state banks.
help large commercial banks develop correspondent relationships with smaller commercial banks.
advise commercial banks as to the most profitable ways of reinvesting profits.
provide facilities by which commercial banks and thrift institutions may collect checks.
provide facilities by which commercial banks and thrift institutions may collect checks.
Provide facilities by which commercial banks and thirft institutions may collect checks
Supervising and Regulating Financial Institutions and Activities. The Federal Reserve promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole.
What are the 3 main functions of the Federal Reserve?
The Federal Reserve advances supervision, community reinvestment, and research to improve understanding of the impacts of financial services policies and practices on consumers and communities.
Which of the following is a function of the Federal Reserve system?
A function of the Federal Reserve System is to provide financial services to commercial banks such as clearing checks and holding reserves.
An important routine function of the Fedaral reserve bank is to:
provide facilities by which commercial banks and thrift institutions may collect checks.
To know more about Function of Fedaral Reserve Bank,check out();
https://brainly.com/question/29757663
#SPJ4
g the optimal weights of x and y in p are 50% and 50%, respectively. x has an expected rate of return of 15%, and y has an expected rate of return of 10%. to form a complete portfolio with an expected rate of return of 12%, you should invest of your complete portfolio in the risky portfolio.
The overall portfolio's anticipated return is:
(50% x 15%) + (20% x 6%) + (30% x 9%) = 11.4%
How is the portfolio's anticipated rate of return calculated?The expected return is calculated by multiplying each asset's weight by its expected return. You may then add the amounts for each investment to determine the portfolio's overall expected return. Consequently, this is the equation: Asset 1 Weight x Expected Return = Expected Portfolio Return Plus (Asset 2 Weight x Expected Return).
What is the portfolio formula?This indicates that the overall portfolio variance is lower than a simple weighted average of the individual variances of the stocks in the portfolio. Formula and Calculation of Portfolio Variance A two-asset portfolio's portfolio variance is calculated using the following formula: Portfolio variance is equal to w1212 plus w2222 plus 2w1w2Cov.
To know more about portfolio visit:-
https://brainly.com/question/29333981
#SPJ4
digital analytics provide insight on customer/user . group of answer choices needs behavior goals motivations
Digital analytics provide insight on customer/user behavior. Companies that use customer behavior to generate insights outperform their peers by 85% in revenue growth.
What is the main purpose of digital analytics?
Digital analytics can help businesses provide a better online experience for their customers and prospects, which in turn leads to the achievement of desired goals. Digital analytics are tools used by organizations to collect, measure and analyze qualitative and quantitative data.
What is the value of digital analytics?The value of digital analytics allows you to gain more precise insights and quantify your return on investment from your marketing channels. Collecting data from different platforms gives you a clearer picture of your funnel.
Learn more about digital analytics :
brainly.com/question/13468730
#SPJ4
match the method of cost allocation to the nature of the asset being expensed over a specific time period.
Depreciation - Real estate and tangible personal property (except land). Amortization - Intangible assets. Depletion - Natural resources. The income statement for almost every business includes depreciation.
Depreciation is an accounting technique for spreading out the expense of a tangible item over the course of its useful life. How much of an asset's value has been used is shown through depreciation. It enables businesses to purchase assets over a predetermined length of time and generate income from those assets. Subtract the asset's cost from its salvage value (what you anticipate it to be worth at the end of its useful life) to determine depreciation using the straight-line technique. The amount that can be depreciated, or the depreciable basis, is the outcome. Subtract this sum from the asset's useful life, which is measured in years. The tractor would depreciate by $5,000 annually under the straight line depreciation technique, amounting to a total of $20,000 in accumulated depreciation. It is regarded as a fully-depreciated asset once the book value reaches the original salvage value. Divide net price (buy price minus salvage price) by the asset's number of usable years to get depreciation on a straight-line basis. Depreciation is used to accurately reflect the value of assets on the books. As assets are used up each year, their values are deducted from the balance sheet and charged to expenses.
Learn more about Depreciation here
https://brainly.com/question/1287985
#SPJ4
when a taxpayer owns a home that he does not live in, the home is considered to be a(n) property for tax purposes. if he rents the property at fair market value, any loss is (deductible/nondeductible) for tax purposes. (enter only one word per blank.)
private residence
If a taxpayer owns a home but rents it for less than 14 days a year, the IRS considers it a private residence.
Who can claim the co-owner mortgage interest deduction?
1098 has several names, but he's the only one who pays mortgages and interest.
Only the person who actually paid the interest can make the deduction.
How long must you live in the property before it becomes your primary residence?
A recent ruling by the Tier 1 Tax Court confirmed that there is no minimum period of residence required to secure the principal residence deduction. What is important is that there was a period of residence as the sole or principal place of residence.
To know more about private residence visit;
https://brainly.com/question/838115
#SPJ4
unplanned project adjustments in response to the problems detected via project monitoring follows a four step apprach explain these four
Initiation Performing a feasibility study - Identifying the major problem that your project will address and if it will provide a solution to that problem determining scope.
unplanned issues are eliminatedWhen unanticipated difficulties are minimized, there is a greater likelihood that the project will be finished on schedule and with the desired results. There are various approaches used by project managers and other important stakeholders to evaluate project performance. Once your objectives have been broken down into major tasks, you must determine how you will measure the outcomes of these activities as well as the overall impact of your project. This is known as monitoring, and it should begin at the start of the project.
To know more about unplanned visit the link
https://brainly.com/question/29216094
#SPJ4
a company issued 40 shares of $1 par value common stock for $5,000. the journal entry to record the transaction would include which of the following?
debit of $4,000 to common stock
credit of $20,000 to common stock
credit of $40 to common stock
debit of $20,000 to common stock
$40 credit to common stock.
Cash 5,000 shares of common stock (40 x 1) 40 paid in capital in excess of par value common stock 4960.
A credit to common stock is what?Their normal balance is a debit as assets and costs rise on the debit side. There is also a normal balance in dividends paid to shareholders, which is a debit entry. Since liabilities, value (like normal stock), and incomes increment with a credit, their "ordinary" balance is a credit.
Do we give common stock credit?The Sale of Stock for Cash If you sell common stock for cash, which is the most common situation, record a credit in the Common Stock account for the par value of each share sold and a credit in the Additional Paid-In Capital account for any additional amounts paid by investors.
To learn more about common stock here
https://brainly.com/question/13762106
#SPJ1
in noncrime situations, people often expect the police to remove someone who they believe does not belong there. in this situation, the police meet a citizen's expectation of police work by
The police uphold a social boundary in order to fulfill a citizen's expectation of police work in non crime situations. ( Option C )
- A 911 call could be made because to a noisy neighbor, trespassing concerns, or a mental health emergency. 911 is often the sole easily available option for anyone looking for any form of rapid assistance because it is the nation's helpline.
- Additionally, police are called far too frequently even though the vast majority of 911 calls have nothing to do with crime or violence.
Consequently, in non-criminal circumstances, people frequently anticipate the police to remove a person they feel does not belong there. In this instance, the police uphold social barriers in order to fulfill a citizen's expectation of police activity.
To know more about non crime situations, kindly click on the link below :
https://brainly.com/question/15143251?referrer=searchResults
#SPJ4
- The complete question is :
In non crime situations, people often expect the police to remove someone who they believe does not belong there. In this situation, the police meets a citizen's expectation of police work by
A. obtaining an emergency service.
B. counterpunching.
C. maintaining a social boundary.
D. relieving an unpleasant situation.
