Hayes Co is considering selling off one of its subsidiaries, Fran Ltd., and would like to value its inventory of 1500 large storage boxes. The following information has been made available:
Market
Sales price per unit
Volume of sales of Fran Ltd
Volume of sales of storage boxes
Transaction costs per storage box
Transportation costs per storage box
North
£85
4,000
100,000
£5
£3
Midlands
£90
8,000
64,000
£3
£7
South
£82
3,000
N/A
£8
£6
Hayes is suggesting that the fair value per unit of storage box should be £82.
Required:
Comment on whether this is appropriate given the circumstances.

Answers

Answer 1

Fran Ltd. is a subsidiary of Hayes Co. Hayes Co is interested in selling the subsidiary and would like to value its inventory of 1500 large storage boxes.

The given table provides the market sales price per unit, volume of sales of Fran Ltd, volume of sales of storage boxes, transaction costs per storage box, and transportation costs per storage box. Hayes Co is suggesting that the fair value per unit of storage box should be £82. Let's see whether it is appropriate or not:Appropriate amount:The fair value of inventory is the amount that a business can sell an inventory item or group of items for, less any costs associated with selling them. Hayes Co has suggested a fair value of £82 per unit.

The fair value method that Hayes Co is employing is based on market prices. According to the table, the market sales price per unit varies depending on the location. The highest market sales price is £90 per unit in the Midlands, while the lowest market sales price is £82 per unit in the South. Hayes Co believes that the fair value per unit of storage box should be £82.

According to the table, it appears that £82 per unit is appropriate since it is the lowest market price. However, it may be argued that this price is not appropriate since Fran Ltd has not been selling boxes in the South. Because the market prices differ in different areas, it's possible that the fair value of inventory is influenced by the location of the inventory.

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Related Questions

Why has globalization led to an
increasing income gap between rich and poor countries?

A. Laborers from developing countries migrate to developed countries in search of better-paying jobs.
B. The reduced production costs provided by low wages in developing countries enable companies to make larger profits.
C. Reduced transportation costs have enabled developed countries to extract more natural resources from their colonies.
D. Countries with well-established infrastructure and productive capacities have more competitive industries.​

Answers

Answer:

A. Laborers from developing countries migrate to developed countries in search of better-paying jobs.

Explanation:

One way globalization can increase inequality is through the effects of increasing specialization and trade. Although trade based on comparative advantage has the potential to stimulate economic growth and lift per capita incomes, it can also lead to a rise in relative poverty.

Answer:

Countries with well-established infrastructure and productive capacities have more competitive industries.

Explanation:

took test

An instrument used to enlarge or reduce a map is known as​

Answers

Answer:

pantograph

Explanation:

you can use a pantograph to do this.

Document 7: According to the author, what aspects of life are improved under communism?

CAN SOMEBODY HELP ME:(

Document 7: According to the author, what aspects of life are improved under communism?CAN SOMEBODY HELP

Answers

Communist ideology supports widespread universal social welfare.

Improvements in public health and education, provision of child care, provision of state-directed social services, and provision of social benefits will, theoretically, help to raise labor productivity and advance a society in its development.

What is social welfare?

The term "social care" does not have a precise definition. Today, social care encompasses a wide range of activities and services by volunteers, non-profit organizations and government agencies. Social care includes assistance provided to those in need; activities and resources to improve or promote the well-being of individuals, families and wider society; and broad efforts to eliminate or reduce the incidence of social problems.

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Ayman has a credit card with a balance of $4750 CAD and an annual interest of 21.5% compounded
monthly. He plans on paying off the loan completely in two years using monthly payments. What is the
total amount of interest he will pay once the card is paid off?
#1 $128.03
#2 $1136.00
#3 $4878.03
#4 $5886.00

Answers

#4 $5886.00 is the answer

Caterpillar tractors are made in the US. If Tractors Ltd., a company in Britain, wants to buy a tractor, it must pay for it in US dollars ($). But Britain's currency is the pound sterling (£). How would the British company complete the sale?

Answers

Answer:

Tractors Ltd. would pay an exchange fee to buy dollars with their pounds.

Explanation:

Foreign exchange involves the exchange of one currency for another during a transaction between two countries with different currencies.

In international trade a country like Britain for example will have to exchange it's currency (pound) for the dollar in order to complete the transaction that is in dollar.

This exchange usually attracts a conversion fee that is paid by the buyer in this transaction.

how does lever simplify the work? explain.​

Answers

Explanation:

A lever works by reducing the amount of force needed to move an object or lift a load. A lever does this by increasing the distance through which the force acts. ... Instead, they make the work easier by spreading out the effort over a longer distance.

Write a one to two paragraph explanation that teaches how to complete each form. Be sure to write the instructions in "plain English" versus official federal government "speak."

Describe the documents you could provide to a new employer in order to establish your identity and/or employment eligibility. Provide a list of a minimum of four documents.
Submit your paragraph explanations for completing each form and the description of the documents for establishing your identity and/or employment eligibility as the assignment for this lesson.

Answers

I know! It’s paradise

Answer: So so sorry but i don't know!

Explanation:Have a great day

Who watches Riverdale ? if you do can we be friends(pLEASE DON'T DELETE) and also who is your fav character from Riverdale

Who watches Riverdale ? if you do can we be friends(pLEASE DON'T DELETE) and also who is your fav character
Who watches Riverdale ? if you do can we be friends(pLEASE DON'T DELETE) and also who is your fav character
Who watches Riverdale ? if you do can we be friends(pLEASE DON'T DELETE) and also who is your fav character
Who watches Riverdale ? if you do can we be friends(pLEASE DON'T DELETE) and also who is your fav character
Who watches Riverdale ? if you do can we be friends(pLEASE DON'T DELETE) and also who is your fav character

Answers

Answer:veronica

Explanation:

sure

Answer:

yes i love riverdale my fav character is cheryl or betty

Explanation:

Because chains are so important in the lodging sector, there's little room for smaller companies like bed-and-breakfasts. true false

Answers

Answer:

True

Explanation:

Now suppose that Rowe has an argument with her husband and wants to withdraw, and what effect would it have on the LLC?

Answers

A limited liability business enterprise (LLC) is a business structure allowed with the aid of state statutes. every nation might also use exclusive guidelines, you should check with your nation if you are interested in beginning a constrained legal responsibility enterprise. proprietors of an LLC are called contributors

The nation of Oklahoma, like almost every different nation, has an agency earnings tax. In Oklahoma, the corporate tax is a flat 6% of Oklahoma taxable profits. if your LLC is taxed as an employer you may need to pay this tax. The kingdom's company income tax goes back (shape 512) and is filed with the Oklahoma Tax fee.

To begin an Oklahoma LLC you may want to record the Articles of a corporation with the Oklahoma Secretary of state, which costs $one hundred. you could practice online, by way of mail, or in character. The Articles of the corporation is the felony record that officially creates your Oklahoma limited legal responsibility employer.3 days in the past.

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Which accounts are specific to a trading business?

Answers

Answer: 3 1/2

Explanation: that number really speaks to me. Also I am working on the same thing and have no idea.

Answer:

Certain accounts that are maintained exclusively by trading businesses include purchases, purchase returns, purchase discounts, freight on purchases, sales, sales returns, and sales discounts.

A purchases account records the transactions of purchasing stock or inventory, which is resold later. In case the stock is defective, it can be returned to the seller (manufacturer). This transaction is recorded in the purchase returns account. Sometimes, the trading business (buyer) may get a discount on goods purchased from the manufacturer (seller) for making an early payment. This discounted amount is recorded in the purchase discount account. Purchase discounts and purchase returns are both contra-expense accounts. A trading business may have to spend money for transportation of goods. These expenses are recorded in the freight on purchases account.

A sales account records the revenue earned from sale of products. Transactions relating to goods returned by customers are recorded in the sales returns account. Sales discounts offered by a trading business to its customers are an expense for the business and are recorded in the sales discounts account. Sales discounts and sales returns are both contra-revenue accounts.

Explanation:

How does loadshedding affect consumers in South Africa?

Answers

Answer:

The load shedding break-out caught many unsuspecting South African households unaware as little to nothing had been announced about it. Businesses, especially petrol stations without any form of back-up energy were forced to close shop for close to five hours while others quickly cranked their generators to life just to keep the lights and the pumps on. Individual households were not spared either as they were also left in the darkness. The South African Insurance Association is acutely aware of the risks that comes with such intermittent power surges to household appliances.

Explanation:

11. Which of these does NOT represent a type of credit?
*
1 point
A certificate of deposit (CD)
A credit card
A mortgage

Answers

A certificate of deposit (CD) does not represent a type of credit.

A certificate of deposit (CD) does not represent a type of credit. A certificate of deposit is a financial instrument offered by banks and credit unions that allows individuals to deposit a certain amount of money for a fixed period of time, typically ranging from a few months to several years. In return, the financial institution pays the depositor a fixed interest rate.

Unlike credit cards and mortgages, which involve borrowing money, a CD involves depositing money with the financial institution. The individual essentially lends money to the institution, and in return, earns interest on the deposited amount. The interest rate offered on a CD is predetermined and agreed upon at the time of purchase.

CDs are considered to be a low-risk investment option because they are typically insured by the government up to a certain amount. They provide a stable and predictable return on investment, making them attractive to individuals who prioritize safety and want to preserve their principal.

In summary, while credit cards and mortgages involve borrowing money, a certificate of deposit is not a type of credit. Instead, it is a financial instrument that allows individuals to deposit money with a financial institution and earn a fixed interest rate over a specified period of time.

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Whitman has a direct labor standard of 2 hours per unit of output. Each employee has a standard wage rate of $22.50 per hour. During July, Whitman paid $189,600 to employees for 8,900 hours worked. 4,760 units were produced during July. What is the direct labor efficiency variance

Answers

Answer:

the   direct labor efficiency variance is $13,950 favorable

Explanation:

The computation of the  direct labor efficiency variance is shown below:

= (units produced × required hours per unit -hours) × standard wage rate

= (4,760 units × 2 hours - 8,900 hours) ×$22.50

= $13,950 favorable

hence, the   direct labor efficiency variance is $13,950 favorable

we simply applied the above formula

He said," I don't like you" change in indirect speech​

Answers

Answer:

whether'.

Explanation:

negative attitudes are typically difficult for marketers to change because

Answers

Negative attitudes are typically difficult for marketers to change because they are deeply rooted in individuals' beliefs, perceptions, and experiences.

Attitudes are formed over time through various influences such as personal values, social norms, and past interactions with a product, brand, or company.

Firstly, negative attitudes may be resistant to change because they serve as a defense mechanism to protect individuals from perceived risks or threats. People tend to hold on to negative attitudes as a way to maintain a sense of consistency and avoid cognitive dissonance. This means that simply presenting positive information or messages may not be enough to overcome deeply ingrained negative attitudes.

Secondly, negative attitudes often have emotional components, and emotions can be powerful drivers of behavior. Marketers need to address the emotional aspects of negative attitudes, appealing to individuals' emotions and providing reassurance or solutions to alleviate their concerns or negative associations.

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Final answer:

Negative attitudes are difficult to change for marketers due to their deep-rooted nature and the potential for reinforcement of existing beliefs. Marketers face challenges in altering these attitudes because of the negative reactions they may elicit.

Explanation:

Negative attitudes are typically difficult for marketers to change because they are deeply rooted in individuals' beliefs and evaluations. These attitudes can be influenced by personal experiences, values, and external forces of persuasion such as advertising. Marketers may face challenges in changing negative attitudes because they often elicit rejection and other negative reactions from individuals, reinforcing their existing beliefs.

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before accessing the interactive, what two jobs do you think are the most common in your state? why?

Answers

Without specific information, it is challenging to determine the two most common jobs. However, some common occupations across states include retail salespersons and registered nurses.

Retail salespersons are often in high demand as they are essential for the functioning of retail establishments. They help customers with their purchases, provide product information, and ensure a satisfactory shopping experience. The retail industry is prevalent in many states, making this occupation common.

Registered nurses are also widely sought-after due to the growing healthcare sector and the need for skilled nursing professionals. They play a crucial role in providing patient care, administering medications, and assisting in medical procedures. With the increasing demand for healthcare services, the need for registered nurses has remained high in many states.

However, it's important to note that the most common jobs in a state can vary based on factors such as population, industry specialization, and economic conditions. Accessing specific data or labor market reports for your state would provide more accurate information on the two most common jobs in your particular area.

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Why is it important to summarize needs and gain agreement

Answers

Summarizing needs and gaining agreement is an important communication technique that helps ensure effective communication and understanding between two parties.

By summarizing the needs or requirements of one party and gaining agreement from the other party, you can ensure that both parties are on the same page and that there is a clear understanding of what is required or expected.

Summarizing needs involves restating or summarizing the requirements or expectations of one party, which can help clarify any misunderstandings or uncertainties that may exist.

This can be particularly important when dealing with complex or technical issues, as it can help ensure that all parties have a clear understanding of what is required.

Gaining agreement, on the other hand, involves obtaining a commitment or agreement from the other party to meet the stated needs or requirements.

This helps ensure that both parties are aligned in their objectives and that there is a shared understanding of what needs to be done.

Overall, summarizing needs and gaining agreement is an essential communication skill that helps ensure effective collaboration and understanding between parties, and can help prevent misunderstandings or miscommunications that can lead to delays, mistakes, or other negative outcomes.

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Please help, <3
Analyze two pricing strategies for their advantages and disadvantages and give reasons for a business to use each of those pricing strategies.

Answers

The advantages of a pricing policy lies in its ability to make your product appealing to customers, while also covering your costs

The disadvantages of pricing strategies come into play when they are not successful, either by not sufficiently appealing to customers or by not providing you with the income you need.

hope it helps

Choose all of the adjectives that best describe the scent of a rose.
sweet
aromatic
putrid
fragrant

Answers

Answer:

fragrant, sweet

Explanation:

Please help....

48 ABM students were included in the entrance interview of college. 3/4 of them decides to take Accountancy. If 1/4 of the remaining students opted for Entrepreneurship and the rest will take management courses, how many students will take each course?​

Answers

Answer:

ok so started with 48 total students then 3/4 takes accountancy so you do 48×3/4 which is 36 so 36 take accountancy leaving 12 students left then 1/4 do entrepreneur so 12×1/4 so 3 students take Entrepreneur leaving 9 students left to take management cources

36 students take accountancy, 3 students take Entrepreneurship, and 9 students take management courses.

Given that,

There are 48 students involved in the entrance interview.Three-fourth take accountancy i.e. (3 ÷ 4 × 48) = 36One-fourth of the remaining opted for Entrepreneurship i.e. (48 - 36) × 1 ÷ 4 = 3And, the remaining take the management courses i.e. (48 - 36 - 3) = 9.

Therefore we can conclude that 36 students take accountancy, 3 students take Entrepreneurship, and 9 students take management courses.

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Maya deposits $500 in her savings account and earns a simple interest of 5 percent. What will be the balance in her account after two years?

A. $1,000
B. $550
C. $600
D. $577.50
E. $527.50

Answers

Answer:

B. $550

Explanation:

\(A = p(1 + \frac{r}{100} ) {}^{n} \\ = 500(1 + \frac{5}{100} ) {}^{2} \\ = 550 \: dollars\)

Latrice, Jorge, Francesca, and Seamus are on a team tasked with producing a document on educational assessment. Each of them will contribute to the document as they work collaboratively. This is a process known as:_______.
A. group writing.
B. multitasking.
C. collaborative technology.
D. the virtual watercooler.

Answers

Answer:

it's either a or c I believe

An economist knows that the demand curve D is in the form of D(p)=a−bp, where p is the market price. This economist also observes that, after a certain amount of excise taxation t is imposed on suppliers, the equilibrium will change from (p*,q*) = (15,150) to (p*,q*) = (20,100). Further, suppose that, before taxation, the supply curve is S(p)=10p. From the above information, can this economist derive the precise values of a, b, dp/dt, and dq.dt? How?

Answers

we will need to know how the supply curve shifts after the imposition of excise taxation.Suppose the supply curve shifts to S(p) = 10p - tAt the new equilibrium, (p*, q*) = (20, 100), thus;100 = 10(20) - tq = 200 - tTherefore, dq/dt is -1, indicating that for every unit of taxation, the quantity demanded decreases by one unit.

The economist can derive the precise values of a, b, dp/dt, and dq/dt given the following information below:Before taxation, the supply curve is S(p) = 10pDemand curve D(p) = a - bpEquilibrium points, (p*, q*) = (15, 150) and (p*, q*) = (20, 100) after the excise taxation t is imposed on suppliers.Therefore, the above information can be used to calculate the precise values of a, b, dp/dt, and dq/dt as follows:Calculating the precise value of b (the slope of the demand curve) using the equilibrium points;We know that:

At equilibrium, q* = D(p*) and S(p*) = q*The initial equilibrium is (p*, q*) = (15, 150), and before taxation, S(p) = 10pS(15) = 10(15) = 150 = q*D(p*) = a - b(p*)150 = a - b(15) ... (1)

From the other equilibrium point, (p*, q*) = (20, 100)S(p*) = 100 = q*D(p*) = a - b(p*)100 = a - b(20) ... (2)Subtracting (2) from (1) to solve for b, we get;150 - 100 = a - b(15) - a + b(20)50 = b(20 - 15)b = 10

Therefore, the value of b is 10.Calculating the precise value of a (the vertical intercept of the demand curve)Using equation

(1) derived above;150 = a - 10(15)a = 150 + 150 = 300Therefore, the value of a is 300.Calculating the precise value of dp/dtWe are given that after taxation, the equilibrium points change to (p*, q*) = (20, 100)Substituting the values into the demand equation D(p) = a - bp, we get;100 = 300 - 10(20)Simplifying;100 = 100Hence, dp/dt is equal to 0.Calculating the precise value of dq/dtTo calculate dq/dt,

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select four functions of a healthcare social worker

select four functions of a healthcare social worker

Answers

Answer:

make home visitsexplain medical instructionsfacilities therapy groupsadvocate for patients

Identify a decision you have made recently. In a paragraph of 125 words, explain the process you used to make the decision. Share how you feel about the decision you made: Was it successful? Was it the best possible decision? Describe how using the seven-step decision-making process might have changed the outcome of your decision.

Answers

I recently made a business decision, on whether to start a car wash firm or to sell stationeries. my decision was to try to decide on the problems and solutions associated with each business, and the viability.

Decision making process

When making a reсent decisiоn, I started by identifying thе рroblem аnd gathеring informаtion. Тhen, I brainstormed possiblе sоlutiоns аnd еvaluatеd eаch onе based on its feаsibility, cost, аnd potеntial outcome. Aftеr weighing thе prоs аnd cоns, I сhose thе sоlutiоn that seemed to be thе most effeсtive аnd aligned with my values. I fеlt cоnfident in my decisiоn аnd implеmеntеd it, taking note оf аny feedbaсk or adjustments that might be necessаry.

Looking baсk, using thе seven-steр decisiоn-making proсess could hаve hеlpеd me make an even morе informеd аnd effeсtive decisiоn. The proсess involvеs defining thе рroblem, sеtting goals, identifying altеrnativеs, evаluаting altеrnativеs, seleсting thе best аlternаtive, imрlementing thе decisiоn, аnd evаluаting thе results. Вy going through eаch steр in morе detail, I might hаve been аble to cоnsider additional fаctors аnd oрtions, leading to an even better outcome. Anyway, I am sаtisfied with thе decisiоn I made аnd believe it was suссessful given thе informаtion аnd resources availаble to me at thе time.

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a cereal manufacturer wants to know how effective its packaging is in gaining attention. which research method is most appropriate?

Answers

A cereal company is interested in how well its packaging attracts attention. The best research method is direct observation.

Packaging is the best marketing tactic, but why is that?

Appealing and welcoming packaging is crucial for brand awareness. New products on the market must find a way to immediately make an impression and sway consumers' purchasing choices. Statistics show that 70% of consumers base their opinion of a brand only on the packaging of its products.

What kind of research uses direct observation?

a method of data collection when the researcher simply observes or hears the study subjects rather than directly asking any questions or controlling any factors. Direct observation is a useful tool in evaluation studies and field research.

Direct observation, also known as observational study, is a method for gathering evaluation data in which the observer watches the subject in his or her regular environment without altering anything.

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To calculate the number of montly payments required to pay off a loan or meet an investment goal, use the _______ function.

Answers

To calculate the number of monthly payments required to pay off a loan or meet an investment goal, use the nper function.

In finance, lending is the lending of money by one or more individuals, organizations, or other entities to other individuals and organizations, etc. The beneficiary incurs a debt and usually has to pay interest on that debt until that debt is also repaid. to repay the principal borrowed.

The promissory note will typically state, among other things, the principal amount of the loan, the interest rate charged by the lender, and the date of repayment. A loan involves reallocation of assets in question over a period of time, between the lender and the borrower.

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Mention any there objectives of Accounting​

Answers

Answer:

objectives of accounting in any business are:-

systematically record transactions sort and analysing them, prepare financial statements position, and aid in decision making with financial data and information about the business.

hope it is helpful....

PLEASE HELP IT IS URGENT DO NOT WASTE ANSWERS

PLEASE HELP IT IS URGENT DO NOT WASTE ANSWERS

Answers

The second one, a walkabout is NOT a form of learning the United States has used
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