1.1.2 Identify TWO challenges experienced by the checkers hyper shop.​

A promissory note can best be described as: a. an interest-bearing IOU.

Promissory note can be defined as a written note that help to shows that a person who lend a money from another person  promise to payback. The note contains  a promise by the borrower to pay back the lender within a stipulated period of time.

A promissory note can tend to be described as IOU which full meaning is I OWE YOU which implies that a borrower is telling the lender that he/she owe the lender some certain amount of money which  the borrower will have to payback.

A promissory note also contains the terms and conditions of the agreement  and this terms and agreement includes the following :

Therefore we can conclude that the correct option is A.

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Answer:

COST OF Goods SOLD $ 1,1539,110

Explanation:

Fultz Company

Schedule  of Cost of Goods Sold for 2020

As there are no beginning and ending finished goods inventories the total units produced are sold. (Finished Goods   required       31410  Units)

Inventories raw materials : beginning, 10,120 pounds

Add Direct Materials Purchases 36770 pounds

Less Inventories ending raw materials , 15,480 pounds

Direct Materials Used 31410 pounds

Materials 1 pound at $6 per pound= $ 6*  31410  Units=  $ 188460

Direct labor 3 hours at $12 per hour= $ 36*  31410  Units= $ 1130780

Manufacturing Overhead $7 per direct labor hour= $ 7*  31410  Units=

                                                                                             $ 219870

Total Manufacturing Costs  $ 1,1539,110

There are no beginning and ending work in process inventories so the total manufacturing cost gives us the COST OF Goods SOLD.

According to the given data, the present value of growth opportunities is $ 11.11. According to present value, a sum of money is worth more today than it will be tomorrow.

Given a certain rate of return, present value (PV) is the current value of a future financial asset or stream of cash flows. A discount rate or the interest rate that could be obtained through investment is applied to the future value to get the present value.

To put it another way, present value demonstrates that money obtained in the future is not as valuable as money received today. Unspent funds now might depreciate in value over time at an assumed annual rate due to inflation or the rate of return on investments, if any.

Here,

Growth = ROE × RETENTION RATIO

Growth = 15% * 20% = 3%

VALUE OF GROWTH = (EPS* DIVIDEND PAYOUT RATIO) / (COST OF EQUITY - GROWTH)

= (5 * 80%) / ( 9% - 3%)

= 66.67

Value of growth = Dividend ÷ cost of equity

Value of growth = 5 ÷ 9%

Value of growth = 55.56

Present value of growth opportunities  = $ 66.67 - $ 55.56

Present value of growth opportunities  = $ 11.11

Therefore, the given data, the present value of growth opportunities is $ 11.11. According to present value, a sum of money is worth more today than it will be tomorrow.

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Most applications will ask you to provide all of the following information except C. how long you want to work for the establishment,

Application can be described as the way o0f applying fo one job or the other in a paricular organization so that one can start job with tem.

It should be noted that during the application, there are different question that needed to be answered which could be differ from one organization to the other, such as days and hours that you are available to work as well as desired salary or wage in the organization.

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Answer:

Business Finance means the funds and credit employed in the business. Finance is the foundation of a business. Finance requirements are to purchase assets, goods, raw materials and for the other flow of economic activities

Answer:

in my opinion and own words

Explanation:

Business Finance simply means the activity of managing money in financial status especially in companies or government organizations to run a business or activity or also a project so it simply means using Finances to run a business

.(Thank you and sorry)0

Answer:

Allocated MOH= $240

Explanation:

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate=  (3,648,000 + 960,000) / 96,000

Predetermined manufacturing overhead rate= $48 per direct labor hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 48*5

Allocated MOH= $240

Answer:

B. Current ratio

Current ratio is a comparison of current assets to current liabilities, calculated by dividing your current assets by your current liabilities.

Current ratio is an evaluation of a firm's ability to pay current liabilities. Thus, the correct answer is option B.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term or one-year obligations. It explains to investors and analysts how a company can maximise its current assets on its balance sheet in order to pay off its current debt and other payables.

A current ratio that is comparable to or slightly higher than the industry average is generally regarded as acceptable. A lower current ratio than the industry average may indicate a greater risk of distress or default. Similarly, if a company's current ratio is very high in comparison to its peer group, it indicates that management may not be utilising its assets efficiently.

Therefore, current ratio is the correct answer.

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It appears that next week, an employee from another department will be joining your team.

She requested the transfer due to feeling that her previous work was becoming predictable and monotonous. According to her performance reports, she has made valuable contributions to programming projects, demonstrating her strong technical abilities.

However, an area where she could improve is her presentation skills. As she transitions to your team, it would be beneficial to provide her with opportunities to engage in diverse tasks and challenges, ensuring she stays motivated and experiences professional growth.

Additionally, offering resources and training in presentation skills can help her strengthen this aspect of her work. By doing so, she will not only become a more well-rounded team member but will also contribute effectively to the overall success of your team. Remember to welcome her warmly and provide any necessary support during this transition period.

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Answer and Explanation:

The journal entries are shown below:

On February 1,

Allowance for doubtful accounts    Dr.   $8,400

        To Accounts receivable-Oakley co.  $1,700

        To Accounts receivable-Brookes Co. $6,700

(Being the allowance for doubtful debt is recorded)

Here the allowance is debited as it increased the assets and credited the account receivable as it decreased the assets

On June 5,

Accounts receivable- Oakley A/c    Dr.  $1,700

       To Allowance for doubtful accounts     $1,700

(being the reinstate the account is recorded)

Here the account receivable is debited as it increased the assets and credited the allowance as it decreased the assets

Cash A/c             Dr.  $1,700

        To Accounts receivable- Oakley $1,700

(Being the cash received is recorded)

Here the cash is debited as it increased the assets and credited the account receivable as it decreased the assets

The letter on the graph that represents Mykha's situation of costs rising while profits decreases is Letter B.

The point on a marginal cost - profit graph where costs begin rising while profits decrease is known as the "economic profit maximization point." At this point, the marginal cost (MC) curve intersects the marginal revenue (MR) curve from above.

At the point B on the marginal cost analysis graph, we can see that marginal cost is rising while marginal revenue remains the same. This means that marginal profit is decreasing while profits are increasing which is what Mykha is going through.

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The maximum amount of RCRA hazardous waste that a CESQG can generate per month is 220 pounds (100 kilograms) of non-acute hazardous waste, or one kilogram of acute hazardous waste.

CESQG (conditionally exempt small quantity generator) and VSQG (very small quantity generator) are two different classifications of hazardous waste generators under the Resource Conservation and Recovery Act (RCRA) regulations in the United States.

The maximum amount of RCRA hazardous waste that a CESQG can generate per month is 220 pounds (100 kilograms) of non-acute hazardous waste, or one kilogram of acute hazardous waste.

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The closing price of a security, such as a stock or a commodity, is the final price at which it was traded on a particular trading day. The calculation of the closing price depends on the market in which the security is traded.

If you have access to the historical data of the security, you can easily calculate the closing price by finding the last recorded price of the security on a given trading day. Many financial websites and data providers offer this information in their daily summary of a security's trading activity.

However, if you are looking to calculate the closing price in real-time, you can use a real-time data provider that offers the latest market quotes for the security you are interested in. The closing price is usually determined at the end of the trading day, which varies depending on the market and the security being traded.

In general, to calculate the closing price of a security, you need to find the last traded price of the security for the day. This information can be obtained from various sources, such as stock exchange websites, financial news websites, or real-time data providers. Once you have this information, you can use it to calculate the closing price of the security for that particular trading day. An overview was given.

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Answer:

A. The book value of long-lived assets is $2.4 million.

Explanation:

Given data :

The cost of the long-lived tangible assets  = $ 3.5 million

Amount of depreciation account = $ 1.1 million

Therefore, the book value of the long lived asset is defined as the cost of the asset minus the accumulated depreciation.

i.e., Book value = 3.5 - 1.1

                          = $ 2.5 million

Thus the correct option is option (A).

Abdullah al-Wiswasy was a famous educator and the UAE's first teacher.

Abdullah al-Wiswasy's services to the educational field were significant in the United Arab Emirates. He was the driving force behind the UAE's educational system's modernization and advancement. His contributions to the UAE's education system earned him the moniker "the father of education" in the UAE. Abdullah al-Wiswasy was instrumental in introducing modern and efficient education to the UAE's remote regions.

He made it possible for Emirati youth to receive a well-rounded education regardless of their location, thanks to his groundbreaking approach to education. Abdullah al-Wiswasy is known as a visionary educator who worked tirelessly to bring education to the masses. He was a teacher and educational supervisor in Dubai before retiring in 1968, after which he worked as a member of the UAE's Federal National Council, which advises the UAE's government.

He received numerous accolades during his lifetime, including the UAE's "Teacher of the Nation" title, which was awarded posthumously. Abdullah al-Wiswasy will be remembered as one of the UAE's most influential and dedicated educators.

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The ways to improve their brand on a global level are:

Here are some potential strategies that Netflix, Apple, and Walmart could consider to improve their brand on a global level:

Netflix:

Apple:

Walmart:

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Answer:

Explanation:I do not know

When conducting an audience analysis for a presentation, there are several factors that can help gauge the audience's level of experience: Pre-event surveys or questionnaires, Audience demographics, Prior interactions or feedback and Observation during the presentation.

Pre-event surveys or questionnaires: By asking specific questions related to the topic or field, you can gather information about the audience's prior knowledge, experience, and expertise. This allows you to tailor your presentation accordingly, avoiding overly basic or advanced content.

Audience demographics: Understanding the demographic characteristics of the audience, such as age, occupation, and educational background, can provide insights into their likely level of experience in a particular subject matter. For example, if the audience consists of professionals in a specific industry, it can be assumed that they have a certain level of familiarity with the topic.

Prior interactions or feedback: If you have had previous interactions or received feedback from the audience, you can gain insights into their level of experience. This can be especially useful for recurring presentations or events where you can learn from previous engagements and adjust your content accordingly.

Observation during the presentation: As you start delivering your presentation, you can observe the audience's reactions, engagement levels, and questions they ask. These cues can help you gauge their level of understanding and experience with the topic. Adjusting your pace, language, and complexity based on these observations can enhance the effectiveness of your presentation.

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In terms of revealing values on a company's balance sheet, examples of good accounting include the following: Both damaged equipment and inventory recorded by X Company are appraised at current market value, which is less than the original cost.

A balance sheet lists the assets, liabilities, and owner equity of a company at a particular period. They provide a snapshot of the assets and liabilities of your company, as well as the amount of investment made by its shareholders, all disclosed on a single day.

You can better grasp a company's financial situation by knowing how much it is worth at any given time by looking at its balance sheet. Your company's assets, liabilities, and owner's equity are listed on a balance sheet at any given time. The accounts shown on your chart of accounts match the items recorded on the balance sheet.

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Answer:

The price of Apple just after the current dividend was paid is $26.79.

Explanation:

Note: See the attached file for the calculation of present values for year 1 to 10 dividends.

From the attached excel file, we have:

Previous year dividend in year 1 = Dividend just paid = $3

Total of dividends from year 1 to year 10 = $19.17617169980840

Year 10 dividend = $7.781227380

Therefore, we have:

Year 11 dividend = Year 10 dividend * (100% + Perpetual dividend growth rate) = $7.781227380 * (100% + 3%) = $8.0146642014

Price at year 10 = Year 11 dividend / (Rate of return - Perpetual dividend growth rate) = $8.0146642014 / (20% - 3%) = $47.1450835376471

PV of price at year 10 = Price at year 10 / (100% + Required return)^Number of years = $47.1450835376471 / (100% + 20%)^10 = $7.61419419713817

Price of Apple = Total of dividends from year 1 to year 8 + PV of price at year 10 = $19.17617169980840 + $7.61419419713817 = $26.79

The  situation that a saving account be the best investment to earn interest are:

For short-term financial goals and quick access to funds, choose a savings account - safe, liquid, and earns interest. An emergency fund is a safety net for unexpected expenses. Store it in a savings account for easy access and interest.

Choose a savings account for conservative investing. Insured by the government, providing extra protection." Saving for short-term expenses: If you have a specific expense coming up, like a vacation or a down payment, save accordingly.

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Answer:

The sales day book is a manually-maintained ledger in which is recorded the key detailed information for each individual credit sale to a customer, including the following: Customer name. Invoice number. Invoice date.

This is from goog le

In My own words: sales day book is a ledger or book which they record key detailed information and for each individual credit sale to a customer, which unlikes their customer name, invoice number, invoice date. It kind of shows the seller or workers sale credit to a customer.

Explanation:

Answer:

1. If she decides to move, she will not have to deal with selling her home.

2. With each new lease, your rent can go up.

3. You are always driving a new car, which has the latest safety features.

4. It will charge him all the interest that would have accrued over the year.

5. He wants to get the rewards, and he did not want to open another credit card.

Explanation: I just took the same quick check

Answer:

Lendell Company

a. Current ratio = Current assets/Current liabilities

= $148,000/50,000

= 2.96

= 3

b. Accounts Receivable Turnover = Net Sales/Average Accounts Receivable

= $396,000/66,000

= 6 times

c. Average collection period  = Average Accounts Receivable/Net Sales * 365 days

= $66,000/$396,000 * 365

= 60.8 days

d. Inventory turnover  = Cost of Goods Sold/Average Inventory

= $196,000/56,000

= 3.5 times

e. Days in inventory = 365/3.5

104.3 days

Explanation:

a) Data and Calculations:

Lendell Company

Balance Sheets

December 31

                                                    2020           2019            Average

Cash                                       $ 16,000     $ 29,000         $ 22,500

Accounts receivable (net)         71,000         61,000            66,000

Inventory                                   61,000         51,000            56,000

Current assets                     $148,000      $141,000       $144,500

Plant assets (net)                  200,000        176,000          188,000

                                            $348,000     $317,000       $332,500

Accounts payable                 $50,000      $59,400         $54,700

Mortgage payable (15%)        106,000      106,000          106,000

Common stock, $10 par        143,000       115,000          129,000

Retained earnings                  49,000       36,600            42,800

                                           $348,000    $317,000       $332,500

Additional information for 2020:

1. Net income was $25,200.

2. Sales on account were $415,300.

Sales returns and allowances amounted to $19,300.

Net Sales $396,000

3. Cost of goods sold was $196,000.

4. Net cash provided by operating activities was $44,400.

5. Capital expenditures were $26,200

Cash dividends were $8,900

Answer:

Lendell Company

a. Current ratio = Current assets/Current liabilities

= $148,000/50,000

= 2.96

b. Accounts Receivable Turnover = Net Sales/Average Accounts Receivable

= $396,000/66,000

= 6 times

c. Average collection period  = Average Accounts Receivable/Net Sales * 365 days

= $66,000/$396,000 * 365

= 60.8 days

d. Inventory turnover  = Cost of Goods Sold/Average Inventory

= $196,000/56,000

= 3.5 times

e. Days in inventory = 365/3.5

104.3 days

Explanation:

For the mentioned problem, 56 is 5¹/₂ percent of 1018.08.

In mathematics, percentage is said to be a number or ratio expressed as a fraction of 100. It is commonly represented by the percent sign '%', but abbreviations such as 'pct.', 'pct', and 'pc' may also be used. Percentages are dimensionless numbers as they have no units of measure.

Percent may be calculated by dividing the value by the total and multiplying the result by 100. The equation used to calculate the percentage is (value/total) * 100%.

For the given question:

5¹/₂% = 11/2%

11/2% of x = 56

(11/200) × x = 56

x = 56 × (200/11)

x = 1018.08

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Working primarily with marketing and sales managers is necessary if you want to improve downstream processes, such as distribution channel and demand management.

The term "downstream processing" (DSP) refers to the series of procedures needed to create a pure and homogenous protein product from biological materials such as cells, tissue culture fluid, or plant tissues. DSP is a multistep method that steadily improves the purity of the target by utilizing the physical and chemical characteristics that set it apart from contaminants since the product is originally trapped in a biological matrix with a broad and diverse variety of nontarget molecules. In DSP, bulk pollutants including particles, carbohydrates, and oils are removed by harvesting and clarity procedures, and then the feed stream is refined through capturing and polishing steps, leaving only the target product behind.

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To calculate the cost of capital for each source, we'll consider the cost of debt, cost of preferred stock, and cost of common stock.

1. Cost of Debt:

The cost of debt is the interest rate the company pays on its debt. In this case, the company has issued bonds with a par value of $50, currently selling at $60, and a coupon rate of 10% for 5 years.

Cost of Debt = (Interest Expense / (Bonds Market Value - Bond Discount)) * (1 - Tax Rate)

Interest Expense = Bonds Market Value * Coupon Rate

Bonds Market Value = Number of Bonds * Bond Selling Price

Number of Bonds = 10,000

Bond Selling Price = $60

Coupon Rate = 10%

Tax Rate = 35%

Interest Expense = $60 * 10,000 * 10% = $60,000

Bonds Market Value = 10,000 * $60 = $600,000

Bond Discount = Par Value - Bond Selling Price = $50 - $60 = -$10 (Negative value because the bond is selling at a premium)

Cost of Debt = ($60,000 / ($600,000 - (-$10))) * (1 - 0.35) = $6,000 / $600,010 * 0.65 = 0.064997 (approximately 6.50%)

2. Cost of Preferred Stock:

The cost of preferred stock is the dividend rate the company pays on its preferred stock. In this case, the preferred stock is issued at $150 with a promised dividend of $8 per share.

Cost of Preferred Stock = Dividend / Preferred Stock Price

Dividend = $8

Preferred Stock Price = $150

Cost of Preferred Stock = $8 / $150 = 0.053333 (approximately 5.33%)

3. Cost of Common Stock:

The cost of common stock is calculated using the dividend growth model. The dividend is expected to grow at different rates for different periods.

First 3 years: Dividend Growth Rate = 8%

Next 3 years: Dividend Growth Rate = 6%

Indefinite period: Dividend Growth Rate = 5%

Cost of Common Stock = Dividend / Current Stock Price + Growth Rate

Dividend = $2

Current Stock Price = Market Price

Growth Rate = Dividend Growth Rate

Cost of Common Stock = $2 / Market Price + Growth Rate

Weighted Average Cost of Capital (WACC):

The weighted average cost of capital is the weighted average of the costs of each source of capital, considering their respective proportions in the capital structure.

WACC = (Weight of Debt * Cost of Debt) + (Weight of Preferred Stock * Cost of Preferred Stock) + (Weight of Common Stock * Cost of Common Stock)

Weight of Debt = Debt / Total Capital

Weight of Preferred Stock = Preferred Stock / Total Capital

Weight of Common Stock = Common Stock / Total Capital

Debt = $100,000

Preferred Stock = $200,000

Common Stock = $600,000

Total Capital = Debt + Preferred Stock + Common Stock = $100,000 + $200,000 + $600,000 = $900,000

Weight of Debt = $100,000 / $900,000 = 0.111111 (approximately 11.11%)

Weight of Preferred Stock = $200,000 / $900,000 = 0.222222 (approximately 22.22%)

Weight of Common Stock = $600,000 / $900,000 = 0.666667 (approximately 66.67%)

WACC = (0.111111 * 6.50%) + (0.222222 * 5.

The cost of capital for each source can be calculated by determining the cost of debt, cost of preferred stock, and cost of common equity. The cost of debt is 8.33%, the cost of preferred stock is 5.33%, and the cost of common equity is 14.77%.

To find the cost of capital for each source, we will calculate the cost of debt, cost of preferred stock, and cost of common equity.

The cost of debt can be calculated using the formula: Cost of Debt = (Annual Interest Payment / Bond Price) x 100%. In this case, the bond price is $60 and the annual interest payment is 10% of the bond's par value of $50, so the cost of debt is (0.10 * $50 / $60) x 100% = 8.33%.

The cost of preferred stock can be calculated using the formula: Cost of Preferred Stock = Dividend / Stock Price. In this case, the dividend is $8 per share and the stock price is $150, so the cost of preferred stock is $8 / $150 = 5.33%.

The cost of common equity can be calculated using the Dividend Discount Model (DDM) formula: Cost of Common Equity = Dividend / Current Stock Price + Growth Rate. The growth rate for the first 3 years is 8%, for the following 3 years is 6%, and for an indefinite period is 5%. The dividend for common stock is $2 per share. The current stock price can be calculated using the market value of the common stock ($2 * 600,000 = $1,200,000) divided by the number of shares (600,000), which equals $2 per share. The cost of common equity is $2 / $2 + 0.08 + 0.06 + 0.05 = 14.77%.

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Answer:

C). cannot assign his credit arrangements with suppliers to the buyer.

Explanation:

As per the question, the 'seller is not able to allocate his credit adjustments associated with the suppliers to the potential buyer.' The seller must pay off and resolve his credit arrangements completely before selling off his property to the buyer. If he/she fails to do so, the buyer can sue him legally because the contract offers the asset or property to the buyer free of any previous credit adjustments with the seller. Thus, any such allocation would be considered illegal and cause damage to the seller and his image. Hence, option C is the correct answer.

The optimal quantity(Q) is 4.333, and the optimal price(P) is 24.82, using the provided demand and cost function.

The concept of profit maximization is an essential component in economics.

It's essential to determine the quantity of a commodity that must be produced in order to achieve the greatest profit. This can be accomplished by determining the point at which the marginal cost and marginal revenue are equivalent.

In this scenario, we are provided with the demand and cost function, which we must utilize to compute the optimal quantity demanded and profit maximized.

Let us determine the optimal quantity(Q) by using the given demand function. Given that Q(P) =2314-89P, we can rewrite it as follows:P = (2314-Q)/89.

This is a linear equation that shows the inverse relationship between quantity and price.

By setting the given cost function equal to marginal cost (MC), we can compute the optimal quantity (Q*).

Given that Mc(Q)=12Q and TC(Q)=6Q²+50Q+360, MC(Q*) = 12Q* and TC(Q*) = 6Q*²+50Q*+360, we can set them equal to one another:12Q* = 6Q*²+50Q*+3606Q*²+38Q*+360 = 0.

Solving for Q* by utilizing the quadratic formula, we get the optimal quantity, which is 4.333.

Therefore, Q* = 4.333The optimal price can now be determined using the inverse demand equation:P = (2314-Q*)/89P = (2314-4.333)/89P = 24.82.

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