the capital structure theory that implies an optimal capital structure employing both debt and equity is:
Answers
The capital structure theory that implies an optimal capital structure employing both debt and equity is the trade-off theory.
This theory suggests that there is an optimal level of debt and equity that a company should maintain to maximize its value. The theory assumes that there are costs associated with both debt and equity, and the optimal capital structure balances these costs.
The benefits of debt include tax shields and lower costs of financing. However, taking on too much debt can lead to financial distress and bankruptcy. The benefits of equity include flexibility and no legal obligation to repay the investment. However, issuing too much equity can dilute the ownership of existing shareholders and reduce their control over the company.
The trade-off theory suggests that the optimal capital structure is achieved by balancing the benefits and costs of debt and equity. This balance can be achieved by adjusting the mix of debt and equity based on factors such as the company's growth prospects, cash flow, and market conditions. By employing this approach, a company can maximize its value and minimize its risk.
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Related Questions
What type of communication provides powerful analytics that allow entrepreneurs to determine the effectiveness of their communication efforts?
O A. Interior communication
О в.
OC.
Nonverbal communication
Social media communication
D. Creativity communication
Answers
An appropriate choice is option (c). Business owners can use social media communication's robust analytics to assess the success of their communication efforts.
Social media communications are what?A communication method based on the internet is social media. Users can converse, share knowledge, and publish content online via social media platforms. Social media describes how individuals interact with one another through the creation, sharing, and/or exchange of knowledge and ideas in online groups and networks.
What constitutes effective corporate communication?Interaction between people is facilitated via communication. Entrepreneurs continually aim to enhance their communication skills because doing so will help them share and express their ideas clearly, as well as interact with their team, clients, and coworkers in a better way.
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the total amount of producer surplus in a market is equal to____
Answers
The total amount of producer surplus in a market is equal to the area above the supply curve and below the market price.
What is producer surplus? The difference between the market price and the minimum price required by producers to supply a given quantity is called producer surplus. In other words, producer surplus is the sum of the value of producer profits for each unit produced.
Producer surplus can be computed by calculating the difference between total revenue and total variable cost (TR-TVC). What is the formula for calculating producer surplus? Producer surplus is the difference between the total revenue (TR) and the total variable cost (TVC) of production. The formula for calculating producer surplus is as follows: PS = TR - TVCWhere: PS = Producer SurplusTR = Total RevenueTVC = Total Variable Cost.
What is the significance of producer surplus? Producer surplus serves as a significant economic indicator for manufacturers since it reflects the amount of revenue generated by selling goods at prices greater than the minimum price necessary for producers to supply a given quantity of goods. The greater the producer surplus, the greater the manufacturer's profits.
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Insurance can help with ???
Answers
Answer:
B. In an emergency
Explanation:
Insurance is purchased to protect things that you own
ABC Office Supplies is trying to increase its presence in the market. During a marketing team meeting, Candice asks whether ABC's external sales contractor operates at the same level of ethical standards that ABC does. In a later meeting, Keiko asks the team if they think the new attack ads ABC is planning to run against their biggest competitor are too harsh. In this example, Candice has asked an ethical question related to ______, whereas Keiko has asked an ethical question related to ______.
Answers
In this example, Candice has asked an ethical question related to "Business Ethics and Standards," whereas Keiko has asked an ethical question related to "Advertising Ethics and Morality."
Candice's question about whether ABC's external sales contractor operates at the same level of ethical standards pertains to the ethical conduct and behavior of the contractor, aligning with the broader concept of business ethics and maintaining consistent ethical standards across the organization and its stakeholders.
On the other hand, Keiko's question about the new attack ads ABC plans to run against their biggest competitor raises concerns about the ethical implications of the advertising strategy. It delves into the realm of advertising ethics and morality, questioning whether the proposed attack ads may cross ethical boundaries or be considered too harsh or unfair in the competitive marketplace.
Both questions reflect a conscious consideration of ethics within the business context, but they focus on different aspects—internal contractor ethics and external advertising ethics—demonstrating the team's awareness of ethical decision-making and its impact on ABC Office Supplies' market presence and reputation.
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actively finding, hiring, and developing the talents of people from traditionally underrepresented groups is the goal of:
Answers
The goal of affirmative action includes actively finding, hiring and developing the talents of people from traditionally underrepresented groups.
The Affirmative action are performed by organization whose focus is on achieving equality of opportunity for worker within its environment.
Affirmative action is a policy that aims at increase workplace or educational opportunities for underrepresented parts of society.
The policy of affirmative action are implemented by the government or businesses and takes into account various segment of applicant's race, sex, religion, location etc.
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During the current year, park corp. recorded $355,000 of sales of inventory to small co., its wholly-owned subsidiary, on the same terms as sales made to third parties. at december 31, small held one-fifth of these goods in its inventory. the following information pertains to park's and small's sales for the year: park small
sales $2,000,000 $1,400,000 cost of goods sold 627,000 700,000 in its consolidated income statement, what amount should park report as cost of goods sold?
Answers
The amount park should report as cost of goods sold is $972000
What Is Inventory?
Inventory includes both the raw materials needed in production and the finished commodities that are offered for sale. Since inventory turnover is one of the main means of generating income and, consequently, profits for the firm's shareholders, it is one of the most significant assets a company may have. Raw materials, work-in-progress, and finished goods are the three categories of inventory. On a company's balance sheet, it is listed as a current asset. For any business, inventory is a crucial asset. It is described as the assortment of raw materials or completed products that a corporation keeps on hand for everyday business operations. There are three main categories of inventory: finished items, or those that are ready for sale, work-in-progress (WIP), and raw materials (any supplies necessary to manufacture finished goods).
Cost of goods sold = Starting inventory + purchases − ending inventory
Cost of goods sold = $627000 + $700000 – $355000
Cost of goods sold = $972000
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Free competition
What type of economy it is
Answers
Answer:
Mixed Economy = USA
Explanation:
Which of the following statements about traditional IRAs is TRUE?
Taxable invelliment income, such as interest, dividends, and capital gains, will qualify as compensation for the purpose of contributing to an IRA.
Taxpayers may be able to reduce their tax liability by contributing to an IRA after the tax year has ended.
Taxpayers with a timely filed extension have until October 15 of the tax year to establish and contribute to an IRA.
Taxpayers who participate in an employer-sponsored retirement plan are prohibited from contributing to an IRA.
Mark for follow up
Answers
Answer:
Taxable investment income, such as interest, dividends, and capital gains, will qualify as compensation for the purpose of contributing to an IRA.
Explanation:
A traditional individual retirement account (IRA) is an investment account that offers tax-advantaged retirement savings. This means that contributions to a traditional IRA are not taxed at the moment of contribution but rather at the time of withdrawing. An IRA is held in the individual person's name and may exist in place of an employer-sponsored retirement account.
Interest or capital gains from the investments activities are considered as income in IRA accounts. Any taxes due is deferred to the time of withdrawal, just like all other contributions.
Taxable investment income, such as interest, dividends, and capital gains, will qualify as compensation for the purpose of contributing to an IRA. Thus, option A is appropriate.
Investments are made with the intention of creating income or profit in the future. They are typically made with money. In plain English, it entails investing money in a business or asset with the hope of receiving a return on the investment.
Investments are traditionally defined as "commitments of resources to realize benefits in the future." If money is involved, an investment represents a "commitment with the goal of receiving more money later."
Thus, option A is correct.
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In consumer finance, which of the following are primarily used? A. financial statements B. budgets C. both budgets and financial statements
Answers
Answer:
Explanation:
The most important financial statement for the majority of users is likely to be the income statement, since it reveals the ability of a business to generate a profit. The financial statements are used by investors, market analysts, and creditors to evaluate a company's financial health and earnings potential. The three major financial statement reports are the balance sheet, income statement, and statement of cash flows.
A distinction can be drawn between firms whose core competency is in which of the following? A) Acquisitions and greenfield ventures B) Scale of entry and strategic commitments C) Technological know-how and management know-how D) Cost reductions and entry mode E) Location and experience curves
Answers
A distinction can be drawn between firms whose core competency is in Option C. technological know-how and management know-how.
Technological know-how refers to a firm's expertise and capabilities in developing, using, and advancing technology. Companies with this core competency are often leaders in innovation, research, and development, and adapting to changing market conditions. Examples include technology giants like Apple and Microsoft.
On the other hand, management know-how refers to a firm's expertise in efficiently managing resources, employees, and business operations. Companies with this core competency excel in areas such as strategic planning, decision-making, and organizational leadership. Examples include companies like Procter & Gamble, McKinsey & Company, and General Electric.
Firms focusing on acquisitions and greenfield ventures (option A), the scale of entry and strategic commitments (option B), cost reductions and entry mode (option D), or location and experience curves (option E) can also be successful. However, the core competencies of technological know-how and management know-how often provide firms with a competitive advantage, as they enable them to develop innovative products, services, and processes while efficiently managing their resources and operations. Therefore, the correct option is C.
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In its first month of operation, Carla Vista Company purchased 280 units of irventory for $10, then 380 units for $11, and finally 320 units for $12. At the end of the month, 360 units remained. Compute the amount of phantom profit that would result if the company used FIFO rather than UFO. The company uses the periodic system. Phantom profit
Answers
The amount of phantom profit resulting from using FIFO instead of LIFO can be calculated by determining the difference in the cost of goods sold (COGS) under the two methods.
In the periodic system, FIFO (first-in, first-out) assumes that the earliest units purchased are sold first, while LIFO (last-in, first-out) assumes that the most recent units purchased are sold first.
To calculate the COGS under FIFO, we start by matching the units sold with the earliest purchases. In this case, 280 units were purchased for $10 each, followed by 80 units purchased for $11 each, and finally 360 units purchased for $12 each. Therefore, the total cost of goods sold under FIFO is:
(280 * $10) + (80 * $11) + (360 * $12) = $2,800 + $880 + $4,320 = $8,000
To calculate the COGS under LIFO, we match the units sold with the most recent purchases. Since 360 units remained at the end of the month, it is assumed that 640 units were sold (280 + 380 - 360). Therefore, the total cost of goods sold under LIFO is:
(320 * $12) + (320 * $11) = $3,840 + $3,520 = $7,360
The difference in COGS between FIFO and LIFO is $8,000 - $7,360 = $640. This $640 represents the phantom profit that would result if the company used FIFO instead of LIFO.
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How does decreasing your credit card balance affect your income statement? (1 point)
It increases your monthly expenses, increasing the amount you spend each month.
It increases your monthly expenses, giving you more money to spend on other things.
It decreases your monthly expenses, increasing the amount you spend each month.
It decreases your monthly expenses, giving you more money to spend on other things.
Answers
The way in which decreasing your credit card balance would affect your income statement is that: D. It decreases your monthly expenses, giving you more money to spend on other things.
What is a credit card?A credit card simply refers to a small, rectangular flat card that is issued by a financial institution to its eligible customers, in order to avail them an opportunity to purchase goods and services on credit, especially based on the agreement that this amount of money would be paid back at a specific time and interest rate.
Generally speaking, a credit card balance can be defined as the total amount of money that an individual owe his or her credit card company. This ultimately implies that, a decrease in credit card balance would cause a decrease in monthly expenses, which avails the credit card holder more money to spend on other things.
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Answer: 1. a loan from one entity electronically matched to another entity without a financial institution in the middle
2. a payday loan
3. an unsecured installment loan
4. It decreases your monthly expenses, giving you more money to spend on other things.
5. Determine or estimate the current value of everything you own.
6. Their ability to repay a loan
7. your prior record of paying your bills and paying off your debts
8. your age and gender
9. You can request one online or over the phone.
10. He should contact the credit bureau that issued the credit report, the companies that issued the seven fraudulent cards, his local police, and the federal government at identitytheft.gov.
11. -the lender that provided the incorrect information
-the credit bureau that prepared the report
12. right away
13. She won a $20 billion settlement for California homeowners whose homes were inappropriately foreclosed on.
14. The longer the term, the more you will pay in interest.
15. It will cost you less money overall.
16. A store credit card generally comes with a higher interest rate.
17. You will save money if you pay the balance off quickly.
18. -Clarifying the confusing language found on credit card applications.
-Forcing lending companies to disclose interest rates and hidden fees.
19. It banned credit card companies from raising interest rates after missed payments.
20. -a fixed annual charge for the use of a credit card
-a charge if the minimum payment is not paid by the due date
21. paying off the balance before interest can accrue
22. $30
23. Determine which card has the higher interest rate and pay the extra money to that card first.
Explanation: All these answers are correct!
What kind of strategy is being used when a company puts coupons in front of the product at the grocery store?
customer loyalty
word-of-mouth
pull marketing
push marketing
Answers
Answer:
d
Explanation:
A young graduate is saving for house on Lake Hartwell. The young graduate is planning on saving $1,161.00 each quarter for 10.00 years in an investment account paying 6.60% interest that is compounded quarterly. His first deposit will be made at the end of the next quarter, so this is a regular annuity. In 10.00 years, he also plans on being able to afford a 15-year mortgage with $1,578.00 monthly payments at a 6.12% APR interest rate. Given the graduate's plans, how expensive of a lake house will he expect to be able to purchase? (assume that the house price will be the value of the savings and the loan) Submit Answer format: Currency: Round to: 2 decimal places. Show Hint
Answers
The young graduate will be able to purchase a lake house worth $244,885.57 based on their savings and the expected mortgage loan amount.
The young graduate is saving $1,161.00 each quarter for 10 years in an investment account with a 6.60% interest rate compounded quarterly. This regular annuity will accumulate savings over the period. In 10 years, the graduate plans to use these savings along with a 15-year mortgage with a 6.12% APR interest rate. The monthly mortgage payments are set at $1,578.00.
By calculating the future value of the savings and considering the mortgage payments, the graduate can estimate the affordability of a lake house. The expected purchase price of the lake house would be the accumulated savings plus the loan amount. Based on these calculations, the graduate can anticipate being able to afford a lake house worth $244,885.57.
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you learn about different tools and techniques companies use to provide consumers with information about their products and services. use what you learned to explain how technology and media affect the families make about purchasing products and services. Provide at least three examples.
Answers
Explanation:
The internet has revolutionized the relationship between companies and consumers. Currently, the majority of the population has a cell phone that impacted communication and accessibility. Therefore, companies had to adapt and build new strategies for prospecting and retaining customers through insertion in social media, using active relationship marketing that seeks to engage and generate value for their potential audience through social media, in addition to selling online. to make the experience easier for the consumer.
The online presence of companies is able to offer significant advantages to the consumer, such as a greater discount on products offered online, since companies pass on the reduction of fixed costs with a physical store to the prices offered in an online environment.
Show up when it matters most even if it's difficult. Don't listen to negative talk. Focus on what you are capable of doing. This is an example of what effective communication skill?
Volume and Clarity
Responsiveness
Confidence
Sharing Feedback
Answers
Answer:
confidence
Explanation:
i took the test and made a 100
The answer is "Confidence", and its further discussion can be defined as follows:
You are going to communicate more efficiently confidence lets you speak briefly and clearly. Professionals who communicate confidently may clearly and efficiently convey what they want to their customers and colleagues. For career advancement efficient communication is essential.Regardless of how hot the issue is, reliable communicators may stick to the facts and communicate their sentiments with words rather than behaviors.No shouting, door hitting, threatening, or uncontrollable emotional outbreaks. You divide up your feelings in the hope that they can be heard, therefore confidence helps us to feel prepared to live the experiences of life.Therefore, the final answer is "Confidence".
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the main function of this tool is to reproduce the measurements of am object to any size
Answers
Answer:
TRIANGULAR SCALES A tool generally used when reproducing a drawing in an enlarged or reduced for to some regular proportion. Its main function is to reproduce the measurements of an object in full size, reduced size, and enlarged size.
Explanation:
I hope it helps..
The Gergen Group's 5-year bonds yield 6. 85%, and 5-year T-bonds yield 4. 75%. The real risk-free rate is r* = 2. 4%, the default risk premium for Gergen's bonds is DRP = 0. 85% versus zero for T-bonds, the liquidity premium on Gergen's bonds is LP = 1. 25%, and the maturity risk premium for all bonds is found with the formula MRP = (t − 1) × 0. 1%, where t = number of years to maturity. What is the inflation premium (IP) on 5-year bonds?
a. 1. 67% b. 1. 95% c. 1. 81% d. 1. 53% e. 1. 39%
Answers
The inflation premium (IP) on 5-year bonds Option B. 1. 95%.
To calculate the inflation premium (IP) on 5-year bonds, we need to consider the components that contribute to the yield on the bonds. The formula to calculate the inflation premium is as follows:
IP = Yield on 5-year bonds - Real risk-free rate - Default risk premium - Liquidity premium - Maturity risk premium
Given the information provided:
Yield on 5-year bonds = 6.85%
Real risk-free rate (r*) = 2.4%
Default risk premium (DRP) for Gergen's bonds = 0.85%
Liquidity premium (LP) on Gergen's bonds = 1.25%
Maturity risk premium (MRP) = (t - 1) × 0.1%, where t = number of years to maturity (5 years in this case)
Calculating the inflation premium:
IP = 6.85% - 2.4% - 0.85% - 1.25% - (5 - 1) × 0.1%
IP = 6.85% - 2.4% - 0.85% - 1.25% - 0.4%
IP = 1.95%
Therefore, the inflation premium (IP) on 5-year bonds is 1.95%.
Among the given options, the closest value to the calculated inflation premium is option B, 1.95%.
The inflation premium reflects the compensation investors demand to account for the expected inflation rate over the bond's maturity. In this case, the inflation premium is calculated by subtracting various risk premiums and the real risk-free rate from the yield on the 5-year bonds. The combination of these premiums and rates accounts for the additional return required by investors to offset the effects of inflation on the bond's purchasing power. Therefore, the correct option is B.
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what is reported on the income statement
Answers
The income statement, also known as the profit and loss statement, reports a company's financial performance over a specific period of time, typically a quarter or a year.
The purpose of the income statement is to provide investors, creditors, and other stakeholders with information about a company's revenues, expenses, gains, and losses for the period.
The income statement begins with a company's revenues, which are the amounts earned from the sale of goods or services. From the revenues, the cost of goods sold is subtracted to arrive at the gross profit. Operating expenses, such as salaries, rent, and utilities, are then subtracted from the gross profit to arrive at the operating profit.
Other gains and losses, such as interest income or losses from the sale of assets, are then reported to arrive at the pre-tax profit. Finally, taxes are subtracted from the pre-tax profit to arrive at the net profit or net income.
The income statement is a key financial statement that provides investors and other stakeholders with important information about a company's financial performance. It is often used to evaluate a company's profitability, operating efficiency, and ability to generate cash flow.
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Describe one accountability issue of a business
Answers
Answer:
Accountability in the workplace is about employees taking responsibility and ownership for their decisions, actions, performance and behaviour. Accountability in the workplace is also about building trust and staying committed to doing the right thing for the business consistently.
Statement-McMorrow &
3. Cash Flow
Daughter Ltd
From the following information relating to McMorrow & Daughter Ltd, prepare
a cash flow statement for the four months January to April. Opening cash on 1
January is €3,700. X
Estimated income
• Sales: January €12,800; February €14,100; March €13,900; April €18,750
. Government grant: February €3,000
Estimated expenditure
• Purchase of materials: January €12,000; February €14,000; March €11,300;
April €14,300
Rent and rates: €1,600 per month
• Wages: €1,500 per month
• Telephone: February €300; April €450
61.000 in March answer pls
Answers
The net cash inflow for the period was €12,100 and closing cash balance at the end of April was €15,800.
What is a cash balance?A cash balance refers to the amount of money that a person, organization, or entity has in their possession or available to them at a given time. This can include physical currency, such as bills and coins, as well as digital forms of payment, such as bank account balances or cryptocurrency holdings. Cash balances are important for financial planning and management, as they can be used to cover expenses, pay debts, invest in assets, or save for future goals. It is important to monitor cash balances regularly to ensure that there is enough liquidity to meet financial obligations and take advantage of investment opportunities. Balancing cash inflows and outflows is essential for maintaining financial stability and achieving long-term financial success.
Net Cash Inflow: €12,100
Closing Cash: €15,800
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Outstanding stock of the Whispering Winds Corp. included 39000 shares of $5 par common stock and 13000 shares of 5%, $10 par non-cumulative preferred stock. In 2019, Whispering declared and paid dividends of $3900. In 2020, Whispering declared and paid dividends of $11700. How much of the 2020 dividend was distributed to preferred shareholders
Answers
Answer:
$6,500
Explanation:
39,000 shares of $5 par common stock
13,000 shares of $10 par 5% non-cumulative preferred stock = $6,500 in preferred stocks dividends per year. Since the preferred stocks are non-cumulative, if they are not paid during one period, that dividend cannot be recovered in future periods.
In 2020, $11,700 were paid in dividends:
$6,500 were paid to preferred stocks$5,200 were paid to common stocksSkylar is looking to purchase real estate as an investment using all of her available funds, but she has
several concerns. Which of the following concerns are valid from an investment standpoint? (1 point)
11
She might be disappointed because real estate usually offers modest returns.
She might miss a better investment opportunity because real estate is not particularly
liquid.
She might lose her investment funds because real estate is notoriously risky.
O She might regret the purchase because she would not want to live on the property herself.
Answers
Answer:
she might miss a better investment opportunity because real estate is not particularly liquid.
Explanation:
i just took the test
The concern that should be valid from the investment standpoint should be that she misses the better investment opportunity.
What is an investment?Investment refers to the act where the money should be committed with an expectation to receive the extra income or the profit. Also, it should be grown in near future. Moreover, it leads to the risk of losses. Since she is looking to purchase real estate for investment so here she misses the investment opportunity.
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What are benefits of an Economic & Workforce Dev Partnership?
Answers
The benefits of an Economic & Workforce Development (EWD) Partnership include enhanced economic growth, improved workforce quality, increased collaboration, and greater resource efficiency.
EWD partnerships bring together businesses, educational institutions, and government agencies to address the needs of the local economy and workforce. One key benefit is fostering economic growth. By aligning the goals of multiple stakeholders, EWD partnerships can create an environment conducive to business development and expansion. This leads to increased job opportunities and improved economic stability for the region. Another benefit is the enhancement of workforce quality. EWD partnerships enable the development of targeted education and training programs, ensuring that individuals acquire the skills and knowledge needed to meet the demands of the labor market. This results in a more qualified and competitive workforce, ultimately benefiting both employers and employees.
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vrio is a framework for analyzing a resource or capability to determine its competitive strategic potential by answering four questions. vrio stands for
Answers
VRIO stands for Value, Rarity, Imitability, and Organization. It is a framework used to analyze the competitive strategic potential of a resource or capability by evaluating its value, rarity, imitability, and the organization's ability to exploit it.
The VRIO framework is a strategic management tool that helps assess the competitive advantage of resources and capabilities within an organization. Each letter in VRIO represents a different aspect that needs to be evaluated.
1. Value: The resource or capability must provide value and contribute to the organization's competitive advantage. It should enable the organization to meet customer needs, increase efficiency, or differentiate itself from competitors. 2. Rarity: The resource or capability should be rare or unique in the industry. If it is widely available, it may not provide a sustained competitive advantage.
3. Imitability: The resource or capability should be difficult for competitors to imitate or replicate. This can be due to factors such as patents, proprietary technology, or specialized skills and knowledge. 4. Organization: The organization must have the ability to organize and exploit the resource effectively. This involves aligning the resource with the organization's strategy, structure, and processes to fully leverage its potential.
By answering these four questions, the VRIO framework helps assess the competitive strategic potential of resources and capabilities, allowing organizations to identify their strengths and weaknesses and make informed decisions about resource allocation and competitive positioning.
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On December 1, 2021, Carlos entered into a lease on a building for use in his business for $1,000 per month. Under the lease terms, Carlos pays 18 months’ rent ($18,000) in advance on December 1. How much can Carlos deduct for rent in 2021?
a. $12,000
b. $18,000
c. $1,000
d. $13,000
Answers
The amount that Carlos can deduct for rent in the year 2021, based on his annual rent is c.$1,000.
Rent in 2021When recording rent, you can only record it for the period that the financial statement is for.
The rent given is for 18 months from December 2021 which means that it will be for only a single month in December.
The rent will therefore be a rental amount for a month:
= Rental amount / Number of months
= $18,000 / 18
= $1,000
In conclusion, option C is correct.
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Which of these is NOT true about credit cards?
1 : Credit cards should be paid of slowly
2 : Credit cards can be used to make purchases
3 : Credit cards usually have high interest
4 : Credit cards are convenient for customers
Answers
help if you can thank you
Answers
Answer:
3rd one I'm pretty sure, if not then I'm srry lol
Explanation:
its common sense
Prepare a monthly and yearly budget for Bill and Maura Jones based on the following information. They plan
on putting $50 into a college fund.
Net paychecks total = $1,555 monthly
Average monthly expenses:
Rent
$450
Utilities
$ 80
Gasoline
$ 70
Insurance
$ 90
Clothing
$ 50
Groceries
$300
Car payment $190
Car Maintenance
$ 50
Telephone
$ 25
Entertainment and Recreation $100
Gifts and donations $ 10
Personal care
$ 25
Miscellaneous $ 50
Savings - To be determined
Answers
Answer:
it is c on usa
Explanation:
The Jones have monthly income of $ 3,110, expenses of $ 1,540, and savings of $ 1,570. In turn, the Jones have annual income of $ 37,320, expenses of $ 18,480, and savings of $ 18,840.
To establish an annual and monthly budget for the Jones, taking into account the expenses raised, the following calculation must be performed:
All the expenses must be added, and thus the monthly budget is obtained. It must be multiplied by 12 to obtain the annual budget. 50 + 450 + 80 + 70 + 90 + 50 + 300 + 190 + 50 + 25 + 100 + 10 + 25 + 50 = X 1,540 = X 1,555 x 2 = 3,110 3,110 - 1,540 = 1,570
Thus, the Jones have monthly income of $ 3,110, expenses of $ 1,540, and savings of $ 1,570.
3,110 x 12 = 37,320 1,540 x 12 = 18,480 1,570 x 12 = 18,840
In turn, the Jones have annual income of $ 37,320, expenses of $ 18,480, and savings of $ 18,840.
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Sheridan Company uses dollar-value LIFO method of computing its inventory cost. Data for the past three years is as follows:
Year ended December 31 Inventory at End-of-year Prices Price Index
2019 $ 648000 1.02
2020 1262000 1.07
2021 1347250 1.12
What is the 2020 inventory balance using dollar-value LIFO? (Round intermediate calculations and final answer to 0 decimal places, e.g. 10,000.)
$1246640.
$1262255.
$1237255.
$1216640.\
Answers
The value of inventory is measured at base year cost and current year quantities. The value of base year inventory is increased using price index and the total value of inventory at current year price is deducted from the total value of inventory to get the value of inventory of the base year.
The calculation is performed as follows:((Ending inventory at current year prices ÷ Price index) × Current price index) = Ending inventory at base year prices The 2020 inventory balance using dollar-value LIFO can be calculated as follows: First, we need to calculate the ending inventory at base year prices for the year ended 2019 by dividing the inventory at the end of the year 2019 by the price index of the year 2019.$648,000 ÷ 1.02 = $635,294.12
The inventory at the end of the year 2020 at current prices was $1,262,000 and the price index for the year 2020 was 1.07.((1,262,000 ÷ 1.07) × 1.02) + $635,294.12 = $1,262,255.14
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