Because your patented Gidgit is starting to gain attention and investors are starting to show interest, the executive committee is considering becoming a publicly held company by selling the company to the government.
True
False

The net income for June was a. Overstated by $4,700.

In line with the accrual concept and the matching principle of generally accepted accounting principles, the revenue and the cost of goods sold should be recorded on June 30. If only the sales revenue is recorded without the cost of goods sold, the net income for June is overstated by the amount of the sales.

Thus, the net income for June was not overstated by $4,000 or $700. The net income was affected by the overstatement for $4,700 because the cost of goods sold was not matched with the sales revenue.

Learn more: https://brainly.com/question/22739980

Answer:

total stockholders' equity

Explanation:

In corporations, shareholder equity is regarded as as stockholders' equity. Stockholders equity can be explained as the residual claim of the owner of corporation over an asset provided that debt has been paid. Equity is the difference between the total asset and total liability of the firm. It should be noted that Corporations refer to total owner’s equity as total stockholders' equity

The equilibrium W is 5 and the equilibrium quantity will be 15.

It should be noted that the equilibrium will be calculated by setting the quantity supplied and demanded together.

From the information, it should be noted that the equilibrium quantity is given as:

Quantity supplied = Quantity demanded

3W = 40 - 5W

Collect the like terms

5W + 3W = 40

8W = 40

Divide

W = 40 / 8

W = 5

The equilibrium W is 5

Market demand and supply will be:

= 3W

= 3 × 5

= 15 units.

Learn more about equilibrium on:

brainly.com/question/517289

#SPJ1

The best estimate of the aftertax cost of debt for the firm is 3.47% in the given case.

To calculate the total book value of debt, we sum the book values of both debt issues:

Total book value of debt = Book value of debt issue 1 + Book value of debt issue 2

Total book value of debt = $35 million + $80 million

Total book value of debt = $115 million

To calculate the market value of the zero coupon bond, we need to find 61% of the face value:

Market value of zero coupon bond = 0.61 x Face value of zero coupon bond

Market value of zero coupon bond = 0.61 x $80 million

Market value of zero coupon bond = $48.8 million

The total market value of debt is the sum of the market values of both debt issues:

Total market value of debt = Market value of debt issue 1 + Market value of debt issue 2

Total market value of debt = $35 million + $48.8 million

Total market value of debt = $83.8 million

To find the aftertax cost of debt, we need to first calculate the yield to maturity on the zero coupon bond. We know that the bond has 12 years left to maturity and sells for 61% of par, so we can use the following formula to find the yield to maturity:

61% of face value = $48.8 million

Par value = $100 million

Years to maturity = 12

Yield to maturity = ?

Solving for the yield to maturity using a financial calculator or spreadsheet, we get:

Yield to maturity = 4.83%

Next, we need to find the aftertax cost of debt for both debt issues separately and then weight them by their respective market values. We are given that the company's tax rate is 40%.

For the first debt issue, we are given that the coupon rate is 8% and that the bonds are currently selling at par, so the beforetax cost of debt is 8%. The aftertax cost of debt is:

Aftertax cost of debt issue 1 = Beforetax cost of debt issue 1 x (1 - Tax rate)

Aftertax cost of debt issue 1 = 8% x (1 - 40%)

Aftertax cost of debt issue 1 = 4.8%

For the zero coupon bond, we already calculated the yield to maturity, which is the beforetax cost of debt. The aftertax cost of debt is:

Aftertax cost of debt issue 2 = Beforetax cost of debt issue 2 x (1 - Tax rate)

Aftertax cost of debt issue 2 = 4.83% x (1 - 40%)

Aftertax cost of debt issue 2 = 2.90%

Finally, we can weight the aftertax costs of debt by their respective market values to get the overall aftertax cost of debt:

Overall aftertax cost of debt = (Market value of debt issue 1 / Total market value of debt) x Aftertax cost of debt issue 1 + (Market value of debt issue 2 / Total market value of debt) x Aftertax cost of debt issue 2

Plugging in the numbers, we get:

Overall aftertax cost of debt = ($35 million / $83.8 million) x 4.8% + ($48.8 million / $83.8 million) x 2.90%

Overall aftertax cost of debt = 3.47%

To know more about debt  here

https://brainly.com/question/1957305

#SPJ1

Minimum space cushion to maintain for 25 mph speed is 4 seconds.

A space cushion refers to the distance seperating two vehicles. It is a safe driving practice to leave a certain amount of space between one's vehicle and the vehicle in front. This is imperative in other to allow for time and space in cases or situations whereby an action needs to be taken in other to avoid or limit the extent of accident or mishap.

Depending on car speed, type and length of the vehicle minimum space cushion to be allowed is 2 - 5 seconds which with one second added per 10 additional feet length of the vehicle.

Greater speeds of 40mph should allow a minimum space of 4 seconds and above.

To compensate for the load being conveyed by a cargo van traveling at 25mph, the minimum space cushion should not be less 4 seconds.

Learn more : https://brainly.com/question/4244770

Here the DuPont formula is used in order to compute the investment turnover.

Given,

Net income = $112,500

Invested assets = $750,000

Sales = $1,875,000

The DuPont formula is said to be an expanded return on the equity formula, which is calculated by multiplying the net profit margin by the asset turnover.

Profit margin = Net income / Sales × 100

= $112,500 / $1,875,000 × 100

= 6%

Investment Turnover = Sales / Invested Assets

= $1,875,000 / $750,000

= 2.5 times

Rate of return on investment = Profit Margin × Investment Turnover

                                                = 6% × 2.5

                                                = 15%

Hence, the DuPont formula was used in order to compute the investment turnover.

To learn more about the investment here:

https://brainly.com/question/17153950

#SPJ1

Answer:

reorder point = 132.67 ≈ 133 units

Explanation:

z score for service level 90% = 1.28

lead time = 6 days

mean demand 60 units for 3 days period, 20 per day

standard deviation of demand = 7 units

reorder point = (20 x 6) + {1.28 + √[(7x7)/3] x √6} = 120 + 12.67 = 132.67 ≈ 133 units

The advice that you can provide for him is for Mr Liu to enroll in MA-PD.

Prescription drug coverage can be defined as the coverage that help to cover  prescription drug of the person under the plan.

Based on the given scenario he should enroll in a MA-PD which full meaning is Medicare Advantage Prescription Drug so long as he enrolls in Part B and he is entitled to Part A.

Therefore The advice that you can provide for him is for Mr Liu to enroll in MA-PD.

Learn more about Prescription drug coverage here:https://brainly.com/question/24908169

#SPJ1

1 and 2- Without additional information about the data and the model used, it is impossible to answer questions 1 and 2 with certainty.

3-  The overall accuracy of the Naïve Bayes model can be calculated by dividing the number of correct predictions by the total number of predictions.

4 and 5- Refer to false positives and false negatives.

6,7 and 8- Refer to different measures of the model's performance.

9- If the overall accuracy is high and the false positive and false negative rates are low, that suggests that the model is performing well.

To answer the first two questions, we need to know what is meant by "lift." Lift refers to the increase in response rate compared to a baseline response rate. In this case, it likely refers to the increase in the likelihood of a customer responding to the company's targeted marketing efforts compared to if they were not targeted at all.  Without additional information about the data and the model used, it is impossible to answer questions 1 and 2 with certainty. However, we can say that the lift will likely be higher when more customers are targeted, as there will be more opportunities for the marketing efforts to be effective.

Moving on to question 3, the overall accuracy of the Naïve Bayes model can be calculated by dividing the number of correct predictions by the total number of predictions.  Questions 4 and 5 refer to false positives and false negatives. A false positive occurs when the model predicts a positive outcome (such as a customer responding to the marketing efforts) but the actual outcome is negative. A false negative occurs when the model predicts a negative outcome (such as a customer not responding to the marketing efforts) but the actual outcome is positive.

Questions 6-8 refer to different measures of the model's performance. Recall measures the proportion of actual positives that were correctly identified by the model. Precision measures the proportion of predicted positives that were actually positive. F-measure is a weighted average of recall and precision, giving equal importance to both measures.  

Based on the answers to questions 3-8, we can assess the overall performance of the model. If the overall accuracy is high and the false positive and false negative rates are low, that suggests that the model is performing well. High recall and precision scores also indicate good performance. The F-measure takes both recall and precision into account, so a high F-measure is a good sign.

For more such questions on model

https://brainly.com/question/28445323

#SPJ11

Answer:

the net capital spending for the year is $35,105

Explanation:

The computation of the net capital spending for the year is given below:

Closing Balance $97,225

Add: Depreciation $13,555

Less: Opening Balance -$75,675

Assets Purchased $35,105

Hence the net capital spending for the year is $35,105

1) The standard deviation for the given data is 2.91 minutes.

2) The mean speed of the cars is 74.75 km/h, which represents the average speed of all the cars that passed through the toll booth. The median speed is 75-79 km/h, which is the speed that divides the speed data into two equal halves. The mode speed is also 75-79 km/h, which is the most frequently occurring speed.

1) To find the standard deviation, we need to follow these steps:

Find the mean:

Using this formula, we get:


Mean = (2*7 + 7*12 + 9*17 + 3*22)/20 = 14.9

Deviation from the mean:

   5-9: -9.9

  10-14: -2.9

  15-19:  2.1

  20-24:  7.1

Squared deviation from the mean:

   5-9: 98.01

  10-14:  8.41

  15-19:  4.41

  20-24: 50.41

Sum of squared deviations: 161.24

Variance = 161.24 / 19 = 8.49

Standard deviation = √(8.49) = 2.91

Therefore, the standard deviation for the given data is 2.91 minutes.

2) To find the mean, we need to multiply each speed value by its corresponding frequency, add up the products, and then divide by the total frequency. Using this formula, we get:

Mean = (8*62 + 14*67 + 18*72 + 40*77 + 30*82 + 10*87)/120

= 74.75

Therefore, the mean speed of the cars is 74.75 km/h.

To find the median, we need to arrange the speed values in order and find the middle value. If there are an even number of values, we take the average of the two middle values. Using this method, we get:

Arranged speeds: 60-64, 60-64, 60-64, 60-64, 60-64, 60-64, 60-64, 60-64,

                65-69, 65-69, 65-69, 65-69, 65-69, 65-69, 65-69, 65-69, 65-69, 65-69,

                70-74, 70-74, 70-74, 70-74, 70-74, 70-74, 70-74, 70-74, 70-74, 70-74,

                75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79,

                80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84,

                85-89, 85-89, 85-89, 85-89, 85-89, 85-89,

Median = 75-79

Therefore, the median speed of the cars is 75-79 km/h.


c)

To find the mode, we need to identify the speed value that occurs most frequently. Using this method, we get:
Mode = 75-79

Therefore, the mode speed of the cars is 75-79 km/h.

Learn more about standard of deviation at:

https://brainly.com/question/23907081

#SPJ1

It provides insights into the relationship between sales volume, costs, and profitability, helping managers make informed decisions about pricing, production levels, and cost management.

CVP analysis allows managers to determine the breakeven point, the level of sales needed to cover all costs, and to assess the impact of changes in sales volume, costs, or prices on the company's profitability. This analysis can guide strategic planning, budgeting, and resource allocation.

As a manager, I find the contribution margin method of income statement format more useful than the traditional financial accounting method. The contribution margin method separates costs into fixed and variable components, allowing for a clearer understanding of how changes in sales volume affect profitability.

It highlights the contribution margin ratio, which indicates the proportion of each sales dollar available to cover fixed costs and contribute to profits.

This format enables managers to analyze cost behavior, identify cost-saving opportunities, and evaluate the financial impact of different sales scenarios. It provides a more focused view of the underlying profitability drivers and aids in decision-making related to pricing, product mix, and cost control.

For more such questions on profitability visit:

https://brainly.com/question/24553900

#SPJ8

The value proposition that best encompasses the elements that Apple's marketing team introduces for a new product such as the latest Apple Watch is everything that contributes to the experience of owning and using the product. Hence, the correct option is (B).

Apple is one of the largest technology companies in the world and is also often considered the most innovative company in the world. Apple has very high brand loyalty and this can happen because of several business strategies implemented by Apple. One of the things that become the focus of Apple when introducing a product is a very high user experience. Therefore, when Apple introduces a new product, Apple will ensure that all features and specifications in the product can improve the user experience of consumers when using the product.

Learn more about Apple’s marketing strategy at https://brainly.com/question/22678197

#SPJ4

Answer:

e

Explanation: because it allowed experienced consumers to think about the good they had with Apple watch products.

Answer:

internal and external

Explanation:

internal to make business decisions

external is for investors and creditors

The tax on the CCA recapture is $306,332.

To calculate the tax on the Capital Cost Allowance (CCA) recapture, we need to determine the CCA claimed over the years and calculate the recaptured amount. The recaptured amount is the difference between the proceeds from the sale of the asset and the undepreciated capital cost (UCC) at the time of sale.

Given that the asset costs $730,000 and has a depreciation rate of 20% per year (Class 8) over eight years, we can calculate the CCA claimed each year:

Year 1: $730,000 * 20% = $146,000

Year 2: $730,000 * 20% = $146,000

Year 3: $730,000 * 20% = $146,000

Year 4: $730,000 * 20% = $146,000

Year 5: $730,000 * 20% = $146,000

Year 6: $730,000 * 20% = $146,000

Year 7: $730,000 * 20% = $146,000

Year 8: $730,000 * 20% = $146,000

The total CCA claimed over the eight years is $1,168,000.

At the end of the project, the asset can be sold for $740,200. The UCC at the time of sale is the original cost of the asset minus the CCA claimed:

UCC = $730,000 - $1,168,000 = -$438,000

Since the UCC is negative, there is a recapture of CCA. The recapture amount is the proceeds from the sale minus the UCC:

Recapture Amount = $740,200 - (-$438,000) = $1,178,200

Now, we can calculate the tax on the CCA recapture by multiplying the recapture amount by the tax rate:

Tax on CCA Recapture = $1,178,200 * 26% = $306,332

for more such questions on tax

https://brainly.com/question/28798067

#SPJ11

To resolve the issue Partnering  Accounting software installation projects during the installation, the project manager project will have to;

Accounting software is computer software used to record, manage and  analyze financial transactions of an organization that aid in maintaining  accurate records report in compliance with tax regulations, that manage and state the financial report of the business at month or year end

The financial transaction of a business includes  fixed asset management, accounts payable, expense management, revenue management, accounts receivable, billing and invoice management, budgeting etc.

Learn more about  Accounting software onbrainly.com/question/30650499

#SPJ1

.

Answer:

The answer is C. Formulas.

Explanation:

Formulas: It is just a mathematical rule that is expressed in numerals or some other symbols and is used to solve a numerical problem.

Depreciation expense   of  Machine A =$ 80,000, Depreciation expense of Machine B = $50,000, Depreciation expense of Machine C = $30,00, Total depreciation for first  year = $160,000, Total depreciation for Second year = $160,000, Total depreciation for Third year = $80,000, Total depreciation for fourth year = $50,000.

The values provided in the question are as follows :

Machine  A = $170,000

Machine  B = $250,000

Machine  C = $ 90,000

According to the first line chart,

The useful life of these three machine are as follows:

Machine A = 4 years

Machine B = 2 years.

Machine C = 3 years.

Residual  value  :

Machine  A = 450,000

Machine B =  $10,000

Machine  C =  $ 0

Calculation of depreciation expenses as follows:

The formula to calculate  annual deprecation is as follows:

Annual depreciation   ( Macine A)=( Cost of machine  − Residual value ) / Expexcted useful life.=$170,000−$10,0002=$80,000

Annual depreciation (Machine B ) =( Cost of machine  − Residual value ) / Expected useful life.=$250,000−$50,0004=$50,000

Annual depreciation  (Machine C)=(Cost of machine − Residual value )/ Expected useful life.=$90,000−$03=$30,000

Dr Depreciation Expense - $50,000

Cr Accumulated Depreciation - $50,000

(To record depreciation expense  of  Machine B )

Thus, the depreciation of all the years is written above.

For more information about solution of the question, click here:

https://brainly.com/question/15709917

#SPJ9

The vocabulary word from Unscramble term genrocis is Cosigner.

With the help of a word unscrambler, you may input all the letters you have in your possession, and the tool will reorganize them to show all conceivable word combinations. Some might be concerned that this is a cheating method.

When a borrower fails not to repay a loan as promised, a co-signer agrees to be held accountable for the debt. If you want to buy a big item, like a car, but you can't get a loan on your own, you could consider getting a co-signer. Cosigner is a person responsible for payment of the loan if you do not pay as promised.

Learn more about Cosigner here:

https://brainly.com/question/31237415

#SPJ1

The company that purchases raw materials in bulk to reduce the cost of production is engaged in C. economies of scale.

Economies of scale are the cost advantages that the company can reap by increasing its scale of operation.  The cost advantages arise from economies of scale through the following ways:

Thus, when a company purchases raw materials in bulk to reduce cost, it is not a division of labor, inventory control, or mass production, but it is enjoying C. economies of scale.

Learn more about economies of scale at https://brainly.com/question/5762963

Revenue and owners investment would increase owners equity whereas expenses and owners withdrawals would decrease it

What is owners equity?

Owners equity refers to the capital contributed by the owners and retained earnings that increased it over time since the capital was invested

Expenses would decrease owners equity because it will reduce the profits which are to be added to owners equity

Revenue would increase owners equity since it would increases net the profit

Owners new investment would increase owners equity as it is an additional owners equity invested in the company

Owners withdrawals would decrease owners equity since it means the owners withdrawing part of their invested capital

Find out more about owners equity on:https://brainly.com/question/17090843

#SPJ1

Full question:

Indicate whether each of the following types of transactions will either (a) increase owner's equity or (b) decrease owner's equity:

1. Expenses.

2. Revenues.

3. Owner's investments.

4. Owner's withdrawals.

Answer:

Royal Decking

A) Per unit value for each of Royal Decking's products, applying LCNRV:

Product   Cost   Sales Price   NRV                          LCNRV

A              $40      $60           $44 ($60 - 12 - 4)      $40

B                80       100           $72 ($100 - 20 - 8)    $72

C                40        80           $60 ($80 - 16 - 4)       $40

D               100      130           $84 ($130 - 26 - 10)   $84

E                 20       30           $22 ($30 - 6 - 2)       $20

B. Total Inventory on the balance sheet is:

$256,000

Explanation:

a) Data and Calculations:

Ending Inventory at December 31, 2021:

Product   Cost   Sales Price   NRV                          LCNRV  Inventory value

A              $40      $60           $44 ($60 - 12 - 4)      $40          $40,000

B                80       100           $72 ($100 - 20 - 8)    $72          $72,000  

C                40        80           $60 ($80 - 16 - 4)       $40          $40,000

D               100      130           $84 ($130 - 26 - 10)   $84           $84,000

E                 20       30           $22 ($30 - 6 - 2)       $20          $20,000

Total inventory value                                           $256       $256,000

= ($256 * 1,000)

Selling costs = 20% of selling price

Shipping costs = 10% of cost

Answer:

Explanation:

To get the NRV we should proceed with this formula.

Selling price ($60)x(20%) = 12.

60-12 = 48

Cost ($40)x(10%) = 4.

40-4 = 36

Then we do this.

48 + 36 = 84

Then we subtract this number from the original cost number.

84 - 40 = 44

So the NRV of A is 44.

I am not a professor but this is the way I can teach and using this method I got my question correctly. Do the rest yourself following this example.

Answer:

O True

Explanation:

The broker will treat real estate  as deposits as liquidated damages.

Demand is the consumer's intention to buy a specific product or service.

The demand for a specific good on the market is known as market demand. The total demand for goods and services in the economy is known as aggregate demand. The price of an item or service is determined by how well supply and demand match. Recognizing the idea of demand.

Thus, the buyer demand for money has void.

Learn more about demand, here:

https://brainly.com/question/13320101

#SPJ1

The main principles for the consolidation of financial statements are:

In general, financial statement consolidation necessitates a company integrating and combining all of its financial accounting functions in order to produce consolidated financial statements that show results in standard balance sheet, income statement, and cash flow statement reporting.

The decision to file consolidated financial statements with subsidiaries is usually made on a year-to-year basis and is frequently motivated by tax or other benefits. The criteria for filing a consolidated financial statement with subsidiaries are primarily based on the parent company's ownership of the subsidiary.

Read more about Financial Statements

brainly.com/question/26240841

#SPJ1

Retirement of debt by issuing stock, Conversion of preferred stock to common stock and Lease of assets in a long-term lease transaction.

Instead, you should add a footnote to the bottom of the statement of cash flows or to the notes to the financial statements to reflect non-cash investing and financing activities. Additionally, you have the option of including a separate schedule or list to disclose non-cash investment and financing activity.

Non-cash expenses, such as deferred income tax, write-downs in the value of acquired companies, stock-based remuneration for employees, and depreciation and amortization, are a few examples.

To know more about  noncash investing visit:

https://brainly.com/question/28149323

#SPJ4

If you find a better rate on an external 3rd party channel within 24 hours of making a reservation through one of Marriott's direct channels, the Marriott’s Best Rate Guarantee policy comes into effect.

Marriott’s Best Rate Guarantee policy is a commitment to providing the lowest rate possible. If you find a lower rate within 24 hours of booking through one of Marriott’s direct channels, Marriott will match that rate and offer an additional discount of 25%.

This policy applies to any Marriott brand including Ritz-Carlton, St. Regis, Westin, Sheraton, Aloft, and othersYou need to first book your reservation through Marriott’s direct channels like Marriott.com, the Marriott Mobile app, Marriott Bonvoy app, the Marriott Reservation Center, or directly with the hotel.

After that, you should look for lower rates on other third-party websites. If you find a lower rate within 24 hours, contact Marriott’s Customer Care team, and they will match that rate plus an additional discount of 25%.The policy does come with some terms and conditions.

The lower rate you find on the third-party website must be for the same hotel, same room type, same dates, same number of guests, same currency, and with the same booking conditions. It also excludes rates that are only available to members of certain groups or organizations, package rates that include flights, car rentals, and other amenities, and rates that are not available to the general public

For more such question on policy visit:

https://brainly.com/question/6583917

#SPJ8

Answer:

The total equity risk premium for Vietnam was 11.13 as of January 1st, 2023 according to Damodaran Online. The total equity risk premium starts with a mature market premium and adds a country risk premium based on the risk of the country in question. The country risk premium for Vietnam is estimated to be 5%.

Given that the premium for a mature market (say, the US) is 5.5%, we can estimate the total equity risk premium for Vietnam as follows:

Total Equity Risk Premium = Mature Market Premium + Country Risk Premium Total Equity Risk Premium = 5.5% + 5% Total Equity Risk Premium = 10.5%

Therefore, the estimated total equity risk premium for Vietnam is 10.5%.

I hope this helps!

Explanation:

✿✿✿✿✿✿✿✿✿✿✿✿✿✿✿✿✿✿✿✿✿✿✿✿✿✿✿✿✿✿✿✿✿✿✿✿✿

Answer:

C 15 15

Explanation:

edge2021 i hope my sacrifice helps ;-;