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Related Questions
project water has an initial cost of 639,700 and projected cash flow of 288,000 319,000 and 165,000 for years 1 through 3 respectevely project aqua has an initial cost of 411,200 and projected cash flows of 186,000 178,000 and 145,000 for years 1 through 3 respectevely what is the incremental IRR of these two mutually exclusive project
Answers
Answer:
IRR = 8.77%
Explanation:
Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested
IRR can be calculated with a financial calculator
Incremental IRR can be determined by subtracting the cash flows of the project with the smaller cost from the cash flows of the project with the higher initial cost
Incremental cash flows
Cash flow in year 0 = 639,700 - 411,200 = -228,500
Cash flow in year 1 = 288,000 - 186,000 = 102,000
Cash flow in year 2 = 319,000 - 178,000 = 141,000
Cash flow in year 3 = 165,000 - 145,000 = 20,000
IRR = 8.77%
To find the IRR using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the IRR button and then press the compute button.
3. Press compute
Which of the following phrases is an example of structural que ?
Answers
Answer:
excuse me but where is the phrase?
QUESTION The trail balance of Jumanne Sandali, a garage owner, failed to agree on 31st March, 2021. The difference was entered in a Suspense Account and the final accounts were prepared which showed a net Profit of TZS 29,000,000. The financial year of Jumanne ends on 31st March each year On checking the books, the following errors and omissions were discovered: A motor car purchased on credit from Mohamed Kizito, for TZS 12,000,000 had been entered on the incorrect side of the Kizito's account and credited as TZS 21,000,000 in the equipment account Car parts, previously sold on credit for TZS 8,500,000 had been returned to Jumanne. These returns had been incorrectly entered as TZS 500,000 on the credit of the equipment and TZS 5,800,000 on the debit of the purchases account (iii) A cheque of TZS 3,000,000, paid by Jumanne out of private bank account for 15 months' rent of garage up to 30th June 2021, had not been entered in the books (iv) Jumanne had returned a motor car, previously purchased on credit from a supplier for TZS 10,500,000, and had entered this transaction in the relevant ledger accounts incorrectly as TZS 15,100,000. However, a credit not subsequently arrived from the supplier showing a restocking charge of TZS 400,000 to cover the cost of return. The only entry made in respect of this credit note was a credit entry of TZS 10,100,000 in the creditor's account (i) (ii) (v) TZS 1,400,000 received from the sale of an old display cabined (book value TZS 1,200,000) which was used by Jumanne to store private materials had not been entered into books Required (a) Journalise the necessary entries to correct the errors (60 Marks) (b) Prepare the Suspense Account (20 Marks) (c) Prepare the statement of showing Correct Net profit (20 Marks)
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The amount credited to the Suspense A/C (27,300,000 TZS) is the total of the debit entries made to it while correcting the errors. This amount needs to be added to the net profit as per the final accounts to arrive at the correct net profit of 56,300,000 TZS.
How to solve(a) Journal Entries to Correct the Errors:
(i) To correct the error in the purchase of the motor car:
Equipment A/C Dr. 9,000,000
Mohamed Kizito A/C Dr. 12,000,000
To Suspense A/C 21,000,000
(Being the correction of the error made in the purchase of the motor car)
(ii) To correct the error in the return of car parts:
Equipment A/C Dr. 8,300,000
Purchases A/C Dr. 500,000
To Suspense A/C 8,800,000
(Being the correction of the error made in the return of car parts)
(iii) To record the unrecorded cheque for rent:
Suspense A/C Dr. 3,000,000
Private Bank A/C Cr. 3,000,000
(Being the entry for the unrecorded cheque for rent)
(iv) To correct the error in the return of the motor car:
Supplier A/C Dr. 10,500,000
Suspense A/C Dr. 400,000
To Equipment A/C 15,100,000
(Being the correction of the error made in the return of the motor car)
(v) To record the sale of the old display cabinet:
Bank A/C Dr. 1,400,000
To Suspense A/C 1,400,000
(Being the entry for the sale of the old display cabinet)
(b) Suspense Account:
Date Particulars Debit (TZS) Credit (TZS)
Suspense A/C Balance c/d 3,200,000
Total 30,500,000 30,500,000
(c) Statement of Correct Net Profit:
Particulars Amount (TZS)
Net Profit as per Final Accounts 29,000,000
Add: Amounts credited to Suspense A/C 27,300,000
Correct Net Profit 56,300,000
Note: The amount credited to the Suspense A/C (27,300,000 TZS) is the total of the debit entries made to it while correcting the errors. This amount needs to be added to the net profit as per the final accounts to arrive at the correct net profit of 56,300,000 TZS.
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What is revising?
please help ur gurl out
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Revising is the process of reviewing and changing a piece of writing to improve its overall clarity, coherence, and effectiveness. This can include making changes to the structure, organization, tone, word choice, and grammar of a piece of writing. The goal of revising is to ensure that the message of the writing is clear, concise, and effective in communicating the intended meaning to the reader.
A solid business blank addresses a customers blank
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A solid business plan addresses a customers needs and offers a solution.
What is business?Generally, Business is an activity of providing goods and services in exchange for money. It includes all forms of trade conducted within a society, including bartering and exchange of services.
It is a major part of the economy and is an essential component of economic growth. Businesses can range from small, one-person operations to large, multi-national corporations.
The primary purpose of business is to create and provide goods and services to satisfy customers, generate profits, and create social value.
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PLEASE HELP FAST!!!!!!!!!!!!!!!!!
Which candidate do you think proposed a more compelling argument about inflation? Support your claim with specific data presented by the candidates. Be sure to mention at least one counterpoint, and refute this point with evidence.
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Answer:
What type of canidate? Like ones running for presidents?
This is your opinion and backup your beliefs with evidence
Explanation:
Answer:
I think the more compelling argument winner has to go to Jimmy Carter. Lots of facts stated, not just opinions and assumptions. For example; when he stated written facts from the CPI that his plan to bring inflation down has worked for him during is presidency.
With that being said I have to give credit where credit is due, Ronald Regan definitely had some powerful comebacks. Like for when he was showing that his governing in the state of California has worked in the past so why would it not work while running the country.
Explanation: no explination
plus not my answer
Zeke shares the company’s organizational chart with employees during an all-staff meeting
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The correct answer to this open question is the following.
We have no question here. It is a statement. You forgot to include the question. What is it that you want to know?
Although you forgot to include the question we can help you with the following comments.
If Zeke shares the company’s organizational chart with employees during an all-staff meeting, the intention of Zerek is to inform the employees of the structure of the company in order for them to be familiar with the hierarchy of the company.
This is very important so employees know the lines of communication and the different roles people play in the company so they can know who refer to or who to contact in case they need it.
The types of charts in an organization are the Divisional Structure, the Matrix Organizational chart, the Functional Top-Down, and the Flat chart.
How important is a business plan?
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Answer:
Hey mate.....
Explanation:
This is ur answer.....
Whether you're starting a small business or exploring ways to expand an existing one, a business plan is an important tool to help guide your decisions. Think of it as a roadmap to success, providing greater clarity on all aspects of your business, from marketing and finance to operations and product/service details.
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Answer: Hewo, There! your Answer is Below
A business plan is a very important and strategic tool for entrepreneurs.
the purpose of a business plan is to help articulate a strategy for starting your business.
Explanation:
Hope this Helps you!!
Have a great day!!
A good business plan not only helps entrepreneurs focus on the specific steps necessary for them to make business ideas succeed
13) Consider the following information for a particular economy. Total population = 60 million Number of employed 30 million Total labour force = 40 million Natural rate of unemployment = 12% a) Find the total unemployment rate b) Calculate the cyclical unemployment rate
Answers
Answer:
Explanation:
a) Find the total unemployment rate
Total labour force = 40 million
Number of employed = 30 million
Number of unemployed = 40 - 30 = 10 million
Unemployment rate = (unemployed / Labour force) × 100
Unemployment rate = (10 million / 40 million) × 100 = 25%
b) Calculate the cyclical unemployment rate
Cyclical unemployment rate = Unemployment rate - natural rate of unemployment
Unemployment rate = 25%
Natural rate of unemployment = 12%
Cyclical unemployment rate = 25 - 12 = 13%
A share of common stock in the hands of a stockholder carries with it certain rights. Among those rights is
A) a claim on the assets of the corporation second only to that of the company's secured creditors.
B) entitlement to receive profits through dividends when distributed and the right to vote for who will serve on the board of directors.
C) entitlement to receive profits through dividends when distributed but not the right to vote for who will serve on the board of directors.
D) entitlement to receive profits through dividends when distributed and the right to vote for the amount of that dividend.
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Entitlement to receive profits through dividends when distributed and the right to vote for who will serve on the board of directors.
The correct option is B.
What it means to be a stockholder?Owners of an organization's existing shares, also known as shareholders or stockholders, are entitled to a piece of the company's remaining assets, earnings, and voting power.
Do shareholders own the business?Legally speaking, stockholders are not the corporation's owners (they own securities that give them a less-than-well-defined claim on its earnings). They don't have the last say in the majority of major company decisions in law or practice (boards of directors do). A shareholder or stockholder of a firm is somebody who has shares of that company. A shareholder may be an individual, a group, or another business.
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Mars Electronic Company receives cash from a stockholder, John Tilden, and issues common stock to him. The two accounts involved in this transaction are ________.
Select one:
A.
Common Stock and Accounts Payable
B.
Common Stock and Accounts Receivable
C.
Accounts Payable and Cash
D.
Cash and Common Stock
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The two accounts involved in this transaction are Cash and Common Stock. Thus the correct option is D.
What is Stockholder?A stockholder is referred to as an individual who purchases the stock of any company and holds the authority of selling that stock. The stockholders who own a higher percentage in any company will receive voting rights.
A remaining right to a company's present and future earnings is represented by its common stock. In the account of this, shareholders are referred to as co-owners of a business.
In the given case, Mars electronic companies receive cash from the stockholder and issue common stock to him refer as a transaction of Cash and Common Stock
Therefore, option D is appropriate.
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colin's coffee company made a licensing deal with folger's brand coffee. this is an example of a strategic
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Colin's coffee company made a licensing deal with Folger's brand coffee. this is an example of a strategic alliance. True
A strategic alliance is an agreement between two businesses to work together on a project that will benefit both parties while maintaining their individual freedom. Compared to a joint venture, which involves two companies pooling resources to form a new business organization, the arrangement is less intricate and legally enforceable.
Through strategic relationships, a company can expand its audience without spending more time or money. A franchise company is continuously looking for fresh, innovative approaches to grow its clientele and connect with new potential clients; establishing a strategic relationship offers one such chance.
The question is incomplete. The full question is as follows:
True or False: Colin's coffee company made a licensing deal with Folger's brand coffee. This is an example of a strategic alliance.
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When appraising a property your goal is:
a. Establish the highest possible price that a property can sell for
b. Establish the most probable price that would be paid for a property under competitive market conditions
c. Establish the market value for a property's land without any structures (such as a house)
d. Establish the market value for a property if the property is put to its highest and best use
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Answer:
b. Establish the most probable price that would be paid for a property under competitive market conditions
Explanation:
Property appraisal is the process by which real estate property value is estimated. It is an opinion by the appraiser of the value of a property at a particular period and in a particular market.
Real estate do not tend to be identical as such different properties will have different appraisal value.
Buyers can use property appraisal as a guide when paying for a property so that they can get get the most competitive price.
The operating budget provides a roadmap for financial plans for a short-term, future period. What is a typical “future period” for an operating budget?
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An operating budget is a financial statement that outlines the organization's expenditures and revenues for a specific period.
The operating budget is typically for a fiscal year, which is usually twelve months. The future period for an operating budget is usually a fiscal year or less than a year. The operating budget is critical because it establishes guidelines for financial activities and operations in an organization. It provides a roadmap for financial plans for a short-term, future period, which typically begins on January 1st and ends on December 31st.
An organization creates an operating budget to aid in the allocation of resources and expenditures to achieve its objectives for a given period. A typical operating budget is for a fiscal year. A fiscal year is the period when an organization prepares its financial statements. It is usually 12 months, but it may be shorter or longer depending on the organization. An operating budget typically covers one fiscal year; however, it may be longer or shorter based on the organization's preferences.
The future period for an operating budget is frequently updated to reflect the company's current situation and financial standing. It takes into account the actual results of the previous period and the estimated expenditures and revenues for the upcoming year to develop the operating budget for a future period.
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Buggy Wars Two friends and neighbours arrange to go into business together and then become bitter rivals: This is the story of Bob Bell and Michael Sharpe, who once lived just four houses apart on Oxford Street in Guelph, Ontario. Bell and Sharpe thought they had a good idea for a new business venture—a bicycle trailer—but the good idea turned into a long, sizzling struggle. Bell invented the bicycle trailer. Shortly after coming up with the idea, he began to design and build the bicycle trailer in his garage. Once he shared his idea with Sharpe, both thought they could form a successful partnership by drawing upon each other’s expertise. Bell, an engineer by trade, would take on research and development; Sharpe, a former computer software sales manager and career manager, would focus on marketing. Sharpe put together the business plan—but before it was finalized, the deal fell apart. The major point of conflict between Bell and Sharpe was royalties. Bell wanted to license the bicycle trailer design to Sharpe and collect a fee for each bicycle trailer produced. Sharpe wanted Bell to invest more in the venture and share the financial risk. However, Bell did not see any grounds for negotiation. Bell considered the bicycle trailer his idea. He had designed it, he had bought the materials to build it, and he had put in the time to develop the final product. When both parties hired lawyers and Bell demanded intellectual property rights, the great Canadian buggy war began. Bell planned a slow, steady campaign, working from the basement of his home with one employee. He started selling his cargo trailer, the WIKE, at the local farmers’ market. His goal was to sell 20 trailers the first year and 500 in the coming year. Bell continued his “go slow, get it right” campaign, selling locally and fine-tuning his trailer to carry children. However, he eventually decided that making every bicycle trailer himself was not a good strategy. By 2002, Bob Bell just wanted his life back. Meanwhile, Sharpe had his own grand plan. He est
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preparing a budget is an example of which of the following types of managment skills?.
A. advertising skills
B. human resource skills
C. technical skills
D. conceptual skills.
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the correct answer is c. technical skills
Preparing a budget is an example of technical skills under several management skills.
What is budget?A budget is a financial plan that projects future earnings and costs. A budget, put simply, forecasts future spending and saving in addition to anticipated income and expenses.
However Budgeting is the act of estimating a company's income and expenses for a given time period. Examples include the sales budget created to project the company's sales and the production budget created to predict the company's output, among others.
There are four sorts of budgets that businesses typically employ: incremental, activity-based, value-based, and zero-based are the first four.
Therefore, One of the most crucial competencies for someone working in business management is budgeting. The fundamentals of budgeting involve setting goals and making choices on particular spending patterns. Understanding the fundamentals of business is the most crucial component of finance.
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XYZ Co is considering a major expansion program that has been proposed by the company’s information technology group. To decide whether the company will undertake this major expansion project, the company paid McLindsay Co., a large consulting company, a fee of $2 million to calculate the costs and benefits of the program, but they will refund half of that cost back to XYZ if the company does not move forward with the project. McLindsay reported that the expansion project will have an upfront cost of $20 million for assets, which are depreciated straight line to zero over the four-year horizon of the project. The company does not need to invest in net working capital (i.e., NWC = 0). McLindsay also expects that the program will generate an operating cash flow equal to $10 million the first year and will expand by 20% per year until the project is liquidated at the end of year four. The liquidation value from selling the equipment will be $4 million. You are an assistant to the CFO of the company and your first task is to advise XYZ whether the company should undertake the investment. The CFO has provided you with the following data, which he believes may be relevant to your task (all the market data are current). The firm’s tax rate is 20%. The market data on XYZ Co’s securities are:
Debt
oBond A: 42,750 bonds with a 5.4% coupon rate, with 20 years to maturity selling at par. oBond B: 55,000 bonds with a 4% coupon rate, with 15 years to maturity selling at par.
Assume that both bonds have a par value of $1,000 and they make semiannual payments.
Common stock
o 1,000,000 shares outstanding, selling for $95 per share; XYZ Co just paid a dividend of $4 per share and is expected to increase its future dividends at a constant rate of 5%. The firm’s beta is 1.8. Assume the risk-free rate is 2% and the market return is 8%.
Answer the following questions and show all the formulas and calculations (if using a financial calculator show all the entries).
a. What is XYZ Co’s cost of debt?
b. What is XYZ Co’s cost of equity using the CAPM?
c. What is XYZ Co’s cost of equity using the dividend growth model?
d. What is XYZ Co’s cost of capital? (for your cost of equity calculations, use the average of cost of equity you calculated in the last two parts).
e. Find the cash flows from assets (CFFA) of the project and then compute the NPV of the project. Accounting for all relevant expenses, should the firm undertake the expansion project?
f. Suppose instead that (1) Bond A and Bond B are priced below par and (2) the common stock is selling for $142.50 per share and the last dividend paid was $6. Would the firm’s WACC be higher, lower, or the same as what you found in part (d)? Explain.
Answers
a. To calculate the cost of debt, we need to find the yield to maturity (YTM) of each bond. We can calculate the YTM of Bond A as 5.4% and the YTM of Bond B as 4%. Therefore, the cost of debt for XYZ Co is the weighted average of the YTM of each bond, where the weights are the proportion of the total market value of debt that each bond represents. Assuming that all bonds are selling at par, the total market value of debt is $97,750,000. Thus, the weight of Bond A is 42,750/97,750 = 0.4376 and the weight of Bond B is 55,000/97,750 = 0.5624. Therefore, the cost of debt is:
Cost of Debt = 0.4376 × 5.4% + 0.5624 × 4% = 4.48%
b. Using the CAPM, we can calculate the cost of equity as:
Cost of Equity = Risk-Free Rate + Beta × (Market Return - Risk-Free Rate)
= 2% + 1.8 × (8% - 2%)
= 13.6%
c. Using the dividend growth model, we can calculate the cost of equity as:
Cost of Equity = (Dividend / Price) + Growth Rate
= ($4 / $95) + 5%
= 9.3%
d. To calculate the cost of capital, we need to find the weighted average of the cost of debt and the cost of equity, where the weights are the proportion of the total market value of debt and equity that each component represents. Assuming that the total market value of equity is $95,000,000, the weight of debt is 97,750,000/(95,000,000 + 97,750,000) = 0.5073 and the weight of equity is 1 - 0.5073 = 0.4927. Therefore, the cost of capital is:
Cost of Capital = 0.5073 × 4.48% + 0.4927 × 13.6% = 9.54%
e. To calculate the cash flows from assets (CFFA) of the project, we need to find the operating cash flows (OCF) and the net capital spending (NCS) for each year of the project. Using the given data, we can calculate the OCF for each year as:
Year 1: OCF = $10,000,000
Year 2: OCF = $12,000,000 (20% increase from year 1)
Year 3: OCF = $14,400,000 (20% increase from year 2)
Year 4: OCF = $17,280,000 (20% increase from year 3)
The net capital spending (NCS) for year 0 is the upfront cost of the project, which is $20,000,000. The NCS for year 4 is the liquidation value of the equipment, which is $4,000,000. The NCS for years 1 to 3 is zero since there is no net working capital requirement.
Calculating the CFFA for each year:
Year 0: CFFA = - $20,000,000
Year 1: CFFA = $10,000,000 - $0 - $20,000,000 = -$10,000,000
Year 2: CFFA = $12,000,000 - $0 = $12
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Consider total cost and total revenue, given in the following table:
In the final column, enter profit for each quantity. (Note: If the firm suffers a loss, enter a negative number in the appropriate cell.)
Total Cost Marginal Cost
(Dollars)
Quantity (Dollars)
0
1
2
3
4
5
6
7
5
6
8
11
15
20
26
35
05
06
07
Total Revenue Marginal Revenue
(Dollars)
(Dollars)
0
6
12
18
24
30
36
42
AAAAAAA
Profit
(Dollars)
In order to maximize profit, how many units should the firm produce? Check all that apply.
04
Answers
The solution to the given question when we consider total cost and total revenue, given in the following table:
The Financial TableQuantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit
------- | -------- | -------- | -------- | -------- | --------
0 | 5 | 5 | 0 | 0 | -5
1 | 11 | 6 | 6 | 6 | 1
2 | 17 | 6 | 12 | 6 | 5
3 | 24 | 7 | 18 | 6 | 4
4 | 31 | 8 | 24 | 6 | -7
5 | 39 | 8 | 30 | 6 | -9
6 | 47 | 8 | 36 | 6 | -11
7 | 55 | 8 | 42 | 6 | -13
As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.
Therefore, the answer to the question is 3.
In summary:
The firm's profit is maximized at quantity 3.This is because the marginal revenue is equal to zero at this point.If the firm produces more units, it will start to lose money.Therefore, the answer to the question is 3.Read more about marginal revenue here:
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The money lost by not working is called
Answers
it's called bankrupt
What are the two BEST ways to pay for college? Why?
Answers
Answer:
searching for scholarships or choosing an adorable school
In recording the acquisition cost of an entire business: goodwill is recorded as the excess of cost over the fair market value of identifiable net assets. assets are recorded at the seller's book values. goodwill, if it exists, is never recorded. goodwill is recorded as the excess of cost over the book value of identifiable net assets.
Answers
“Organizations don’t compete but supply chains do.” Explain how taking a supply
chain approach can make a firm cost effective and improve performance at the same
time.
Answers
By coordinating, collaborating, and syncing these three aspects, the supply chain competitive advantage can be attained. The business plan as a whole should be consistent with the supply chain management strategy.
Competition is said to prevent supply chain coordination. The amount of uncertainty in both the upstream and downstream sectors may increase due to competition. For instance, it has been empirically demonstrated that supplier competition increases the manufacturer's transaction costs (Walker and Weber 1987).
The findings show that increased SCM practice can boost competitive advantage and boost organizational performance. Additionally, competitive advantage can directly and favorably affect how well an organization performs.
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Holiday Trees Inc. is an unlevered (all-equity) firm that expects to generate an after-tax cash flow stream of $250 million next year and is expected to grow at a rate of 4% per year. The beta of the unlevered value of this free cash flow stream is 1.5. The riskless rate of interest is 6%, and the risk premium on the market portfolio is 7%. The corporate tax rate is 40%. Assume all debt is riskless. 1. What is the value of unlevered firm?2. The firm decides to lever itself to a 50% debt-to-equity ratio. Calculate WACC.3. Calculate value of the levered firm.
Answers
Answer and Explanation:
The computation is shown below:
1. Cost of equity = Risk free Rate + Beta × Market Risk Premium
= 6% + 1.5 × 7%
= 16.5%
Now Value of un Levered firm is
= After tax Cash flow year1 ÷ (Cost of Equity - Growth)
= $250 ÷ (16.5% - 4%)
= $2000
Beta levered is
= Beta Unlevered (1+ (1- Tax Rate ) × Debt ÷ Equity)
= 1.5 × (1 + (1 -40%) × 50% ÷ 100%
= 1.95
2. Cost of equity = Risk free Rate + Beta × Market Risk Premium
= 6% + 1.95 × 7%
= 19.65%
Now WACC = Weight of Equity × Cost of Equity + Weight of debt × Cost of Debt × (1 - Tax rate)
=100% ÷ 150% × 19.65% + 50% ÷ 150% × 6% × (1 - 40%)
= 14.30%
3. Debt = 1 ÷ 3 × 2000
Value of levered firm = Value Unlevered + Debt × Tax Rate
= 2000 + 2000 ÷ 3 × 40%
= $2,266.67
1. A department is looking for an entry-level cashier. One of the job applicants is a cashier with 30 years of experience as a cashier. The department manager feels that this candidate is overqualified for the job and is likely to be bored and leave the job in a short time. Instead, they want to pursue a candidate with 6 months of work experience who seems like a better fit for the position.
Answers
The candidate with 6 months of experience shall be hired by the department for the position as an entry-level cashier.
Who is cashier?A cashier is a professional who has expertise in managing the cash inflows and outflows of an organization and deal with the cash transactions of an organization on a daily basis.
A cashier who has 6 months of experience be more suitable for such role in the department, and will also take lesser pay than the one with 30 years of experience.
Hence, it may be concluded that the cashier with less experience will be a suitable one to be hired at the position as such.
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following types of businesses are devoted to carrying out marketing activities
Answers
Answer:
i think lawyers
Explanation:
suppose a participant in this experiment was expending $0 worth of effort in studying for each class before the experiment. over the next 6 weeks, the student has a math class and an english class, where getting an a in math would require the student to exert $83 worth of effort, while getting an a in english would require the student to exert $84 worth of effort.
Answers
The answer is, In this experiment, the student would not increase time studying for math, and the student would increase time studying for English. They would find it beneficial to exert time and effort to study English, but not math, as studying math equals a loss but studying English will net a gain.
What is a straightforward experiment?In order to establish cause-and-effect, researchers frequently employ a straightforward experiment to see if changes in one variable might influence changes in another.
An experiment is defined by what?A study in which a theory is empirically tested is known as an experiment. In an experiment, the cause, which is the independent variable, is changed, and the effect, which is the dependent variable, is measured while all other factors are controlled. Experiments should be impartial, which is advantageous.
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According to the box “Making Ethical Decisions: Loyalty or Profitability?," a firm must give its employees __________ before closing and/or moving to another location
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"Making Ethical Decisions: Loyalty or Profitability?" requires a firm to give its employees at least a notice period of 60 days before it can close shop or move to another location.
This requirement enables the employees to get prepared for the effects of the action on their employment status or relocation decisions.Typically, firms give the following reasons for making a relocation decision:
to reach new marketsto upgrade facilities or equipmentto lower costs or increase cash flowto start another line of business not suitable in the present locationto consider the quality of life of its employees.Thus, no matter the reason for closing or moving to another location, the firm should endeavor to give 60 days' notice to its employees.
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Periodic inventory by three methods
The beginning inventory for Midnight Supplies and data on purchases and sales for a three-month period are shown below:
1> determine the inventory on march 31 for the period and COGS using FIFO
2. determine the inventory on march 31 for the period and COGS using LIFO
3. Determine the inventory on March 31 for the period and COGS using weighted avg unit (round nearest cent)
4. compare cross profit for the inventories
Answers
1. Merchandize inventory, March 31; 1,010, 625. Cost of Merchandize sold; 10, 891, 875.
2. LIFO, Ending Inventory = 881, 250. Cost of goods sold = 11, 021, 250
3. Weighted average, Ending inventory = 981, 000. Cost of goods sold = 10, 921, 500
4. FIFO LIFO Weighted Average
sales 19, 875, 000 19, 875, 000 19, 875, 000
Cost of goods 10, 891, 875 11, 021, 250 10, 921, 500
Gross profit 8, 983, 123 8, 853, 750 8, 953, 500
Inventory March 31, 1, 010, 625 881, 250 981, 000
How to calculate FIFO and LIFO?
To calculate LIFO (Last In, First Out) and FIFO (First In, First Out), Ending Inventory, and Cost of Goods Sold, you need to have information on the cost of goods, the quantity of goods sold, and the quantity of goods remaining in inventory.
Calculate the cost of goods sold (COGS) using LIFO method:
Identify the cost of the most recent purchases and multiply them by the number of units sold.
Add the cost of the previous purchases to the remaining inventory at the end of the period.
Which is 7500 x $75 + 3750 x $85 = 881, 250
Calculate the ending inventory:
For LIFO: The remaining inventory is the cost of the earliest purchases.
Which is 11902500 - 881250 = 11, 021, 250
To calculate the weighted average;
Ending inventory: $11,250 x 87.20 = 981 000
Cost of goods sold: $ 11902500 - 981000 = $10, 921, 500
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Ralph owns a building that he is trying to lease. Ralph is a calendar-year, cash-method taxpayer and is trying to evaluate the tax consequences of three different lease arrangements. Under lease 1, the building rents for $680 per month, payable on the first of the next month, and the tenant must make a $680 security deposit that is refunded at the end of the lease. Under lease 2, the building rents for $7,480 per year, payable at the time the lease is signed, but no security deposit is required. Under lease 3, the building rents for $680 per month, payable at the beginning of each month, and the tenant must pay a security deposit of $1,360 that is to be applied toward the rent for the last two months of the lease. (Leave no answers blank. Enter zero if applicable.)
a. What amounts are included in Ralph’s gross income this year if a tenant signs lease 1 on December 1 and makes timely payments under that lease?
Amount included in Gross Income:
b. What amounts are included in Ralph’s gross income this year if the tenant signs lease 2 on December 31 and makes timely payments under that lease?
Amount included in Gross Income:
c. What amounts are included in Ralph’s gross income this year if the tenant signs lease 3 on November 30 and makes timely payments under that lease?
Answers
Answer:
A. Amount included in gross income $0
B. Amount included in gross income $7,480
C. $2,720
Explanation:
a The amount included in Gross income this year, assuming the tenant signs lease 1 on December 1
As Ralph is a calendar year, cash method taxpayer, he will only put the cash receipt of rent
Rent for the month will be payable on first on next month, therefore, rent for December he will receive in January and the calendar year will on ends on 31st December therefore, he will not put any amount
this year.
Security deposit is a liability, and will be returned at the end of the lease, therefore it is not a income.
Amount included in gross income $0
b. The amount that is put in gross income, assuming the tenant signs lease 2 on December 31 is $7480, he has to pay
the years rent in advance when he sign the lease
Amount included in gross income $7,480
c. The amount that is put in gross income, assuming the tenant signs lease 3 on November 30, will be the amount of
rental income of 2 months (November and December) that is paid in the starting of each month and security
deposit that is to be applied toward last two months of the lease.
Amount included in gross income
Rental income is calculated as $680 x 2 months
$1,360
Security deposit is calculated as Advance rent for last two months)
$1,360
Total $2,720
Your restaurant revenue is $710,000, expenses total $890,000, and your total invest is $3 million what is your return investment?
Answers
Answer:
Return on investment = -6%
Explanation:
Given:
Gross revenue of restaurant = $710,000
Total expenses of restaurant = $890,000
Total investment = $3,000,000
Find:
Return on investment
Computation:
Net profit = $710,000 - $890,000
⇒ Net profit = -$180,000
Return on investment = [Net profit / Total investment]100
⇒ Return on investment = [-180,000 / 3,000,000]100
⇒ Return on investment = [-0.06]100
Return on investment = -6%