You can determine a company’s cash situation by analyzing the cash flow statement. The cash flow statement also helps determine whether the company (1) is generating enough cash from its operations to make new investments and pay dividends or (2) will need to generate cash by issuing new debt or selling its assets.

Which of the following is true for the statement of cash flows?

a. It reflects cash generated and used during the reporting period.
b. It reflects revenues when earned.

Answers

Answer 1

Answer: a. It reflects cash generated and used during the reporting period

Explanation:

The Cash flow statement is very important and is useful to various stakeholders in a company with the most important being the Company Management itself and Creditors.

Management are able to use the Cash flow statement to see how much actual cash was spent in the year as well as how much was used. This is important because the Income statement contains entries that might show revenue that have not being received or expenses such as depreciation that did not impact the actual cash the company has. The Cash flow statement fixes this by showing those actual figures thus enabling the company to plan better.

It is also useful to Creditors so that they see if a company is able to pay them for the period.


Related Questions

Propose your top three potential social causes for your organization and why your selected social cause or issue is a good match with your chosen corporation for creating a corporate social responsibility (CSR) campaign.

Answers

By selecting a social cause that aligns with their values and corporate goals, companies can create a CSR campaign that resonates with stakeholders and helps to build a positive reputation for their brand.

There are various social causes that companies may choose to support, depending on their corporate social responsibility goals. Here are the top three social causes that I would recommend for an organization, along with reasons why they are good matches for creating a CSR campaign:1. Environmental conservation: Protecting the environment and promoting sustainable practices is a social cause that has gained widespread attention in recent years.

As climate change continues to be a pressing issue, businesses that take a proactive approach to reducing their carbon footprint can establish themselves as responsible and sustainable entities. This is a good match for companies that have a large environmental impact, such as those in the manufacturing or transportation sectors. A CSR campaign focused on environmental conservation can include initiatives such as reducing waste, using renewable energy sources, and promoting eco-friendly practices among employees and customers.

2. Education: Investing in education is one of the most effective ways to support social development and empower individuals and communities. For companies that want to create a CSR campaign that has a tangible impact on people's lives, education is a great choice. This is especially relevant for companies that have a strong local presence and want to support the communities in which they operate. A CSR campaign focused on education can include initiatives such as donating educational resources to schools, providing scholarships to students, or organizing workshops and training programs for employees and community members.

3. Health and wellness: Promoting health and wellness is a social cause that has become increasingly relevant in light of the COVID-19 pandemic. Companies that prioritize the well-being of their employees and customers can create a positive image for themselves and build strong relationships with stakeholders. This is a good match for companies in the healthcare or hospitality sectors, as well as those that offer wellness-related products or services.

A CSR campaign focused on health and wellness can include initiatives such as promoting healthy lifestyles, providing access to healthcare services, or supporting mental health awareness and treatment programs.Overall, each of these social causes has the potential to create a meaningful and lasting impact, both for the company and the communities it serves.

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Please check debit and credit to make sure all of them are correct, and prepare the balance sheet & income statement.

Accruals Bank Bank Loan - Long-Term Buildings Buildings Accum Depn at 31.12.2009 Carriage Inwards Corporation Tax Debentures 4% Debenture Interest Fixtures & Fittings F & F Accumulated Depreciation at 31.12.2022 Insurance Intangible Assets Land Utilities (Electricity & Water) Marketing Motor Expenses Office Equipment Office Equip Accum Depn at 31.12.2022 Opening Inventory Other Reserves Proceeds from Sales of Office Equipment Provision for Bad Debts Rates Rent Repairs & Maintenance Retained Earnings Revaluation Surplus Revenue Revenue Return/ Purchases Returns Share Capital - 100,000 shares at 1$ each Share Premium Suspense Trade Receivable/ Trade Payable Purchases Wages & Salaries 800,000 20,000 1,500 75,000 23,000 80,000 450,000 1,000 24,000 5,600 150,000 50,000 14,000 12,000 7,900 19,000 80,000 450,000 73,500 2,000 65,000 455,000 200,000 5,000 200,000 15,000 45,000 43,000 4,000 4,000 150,000 20,000 950,000 10,000 100,000 5,000 15,000 48,500​

Answers

First, it is important to separate debit items from credit items. Debits will be recorded on the left side of the T account, while credits will be recorded on the right side. After all of the transactions have been recorded, it is essential to compare the total debits to the total credits. The totals should be equal.

If they are not equal, there has been an error somewhere in the recording process.The balance sheet, also known as a statement of financial position, reflects a company's financial position at a specific moment. The assets, liabilities, and equity of the company are all represented on the balance sheet. The income statement, also known as the profit and loss statement, details the company's financial performance over a specific period, such as a quarter or a year.

Accruals, Bank, Bank Loan, Buildings, Buildings Accum Depn at 31.12.2009, Carriage Inwards, Corporation Tax, Debentures 4%, Debenture Interest, Fixtures & Fittings, F & F Accumulated Depreciation at 31.12.2022, Insurance, Intangible Assets, Land, Utilities (Electricity & Water), Marketing, Motor Expenses, Office Equipment, Office Equip Accum Depn at 31.12.2022, Opening Inventory, Other Reserves, Proceeds from Sales of Office Equipment, Provision for Bad Debts, Rates, Rent, Repairs & Maintenance, Retained Earnings, Revaluation Surplus, Revenue, Revenue Return/ Purchases Returns, Share Capital - 100,000 shares at 1$ each, Share Premium Suspense, Trade Receivable/ Trade Payable, Purchases, and Wages & Salaries are some of the terms that need to be considered for creating a balance sheet and income statement.

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I
The constant growth formula is a good tool to use to value companies in the
industry.
O technology
2000
о
pharmaceutical
utility
I DON'T KNOW YET

Answers

The constant growth formula is typically applied more commonly in the utility industry.

The constant growth formula, also known as the Gordon Growth Model, is commonly used to value companies in industries with stable and predictable dividend growth rates. It assumes that the company's dividends or earnings will grow at a constant rate indefinitely. However, it may not be the most suitable tool for valuing companies in every industry.

The constant growth formula can be a useful tool for valuing companies in certain industries like utilities, but it may not be the most appropriate choice for valuing companies in the technology or pharmaceutical sectors.

Utility companies often exhibit stable and predictable cash flows, making them suitable candidates for valuation using the constant growth model.

Therefore, the correct option is utility.

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Agan Interior Design provides home and office decorating assistance to its customers. In normal operation, an average of 2.9 customers arrive each hour. One design consultant is available to answer customer questions and make product recommendations. The consultant averages 10 minutes with each customer.
A. Compute the operating characteristics of the customer waiting line, assuming Poisson arrivals and exponential service times. If required, round your answers to four decimal places.

Lq =
L =
Wq = hours
W = hours
Pw =

B. Service goals dictate that an arriving customer should not wait for service more than an average of 6 minutes. Is this goal being met? If not, what action do you recommend? Yes or No
C. If the consultant can reduce the average time spent per customer to 8 minutes, what is the mean service rate? If required, round your answer to one decimal place.

------ customer per hour

Will the service goal be met? Yes or No

Answers

A. Operating characteristics:

Lq ≈ 0.5017, L ≈ 0.9377, Wq ≈ 0.1730 hours, W ≈ 0.5063 hours, Pw ≈ 0.4833

B. Service goal: Not met. Action recommended.

C. Mean service rate: 7.5 customers/hour.

If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes).

A. To compute the operating characteristics of the customer waiting line:

Arrival rate (λ) = 2.9 customers/hour

Service rate (μ) = 60 minutes / 10 minutes per customer = 6 customers/hour

Average number of customers in the queue (Lq):

Lq = (λ^2) / (μ * (μ - λ)) ≈ 0.5017

Average number of customers in the system (L):

L = λ / (μ - λ) ≈ 0.9377

Average waiting time in the queue (Wq):

Wq = Lq / λ ≈ 0.1730 hours (approximately 10.38 minutes)

Average waiting time in the system (W):

W = Wq + (1 / μ) ≈ 0.5063 hours (approximately 30.38 minutes)

Probability of a customer waiting in the queue (Pw):

Pw = λ / μ ≈ 0.4833

B. The service goal is that an arriving customer should not wait for service more than an average of 6 minutes. However, the average waiting time in the system (W) is approximately 30.38 minutes, exceeding the goal. Therefore, the service goal is not being met.

Action recommendation: To meet the service goal, I would recommend taking the following actions:

Increase staffing: Hire additional design consultants to handle customer questions and product recommendations.

Improve efficiency: Streamline processes and provide training to the consultant to reduce the time spent with each customer.

Appointment scheduling: Implement a system for customers to schedule appointments, ensuring dedicated time slots for each customer and minimizing waiting times.

Self-service options: Provide self-service resources or online tools where customers can access basic information and make preliminary decisions, reducing the need for extensive consultations.

C. If the consultant can reduce the average time spent per customer to 8 minutes, the mean service rate can be calculated as follows:

Mean service rate (μ) = 60 minutes / 8 minutes per customer ≈ 7.5 customers/hour

Will the service goal be met? Yes

If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes). This is less than the service goal of 6 minutes, so the goal will be met.

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Discuss how planning facilitates the controlling process

Answers

Answer:

Please mark me brainliest Good luck

Explanation:

Planning and controlling are inter-related to each other. Planning sets the goals for the organization and controlling ensures their accomplishment. Planning decides the control process and controlling provides sound basis for planning.

Case

Demand/supply

To the right/left

More /less (Q)

Income decrease

1

2

3

Price of raw materials decrease

4

5

6

Price of competitors decrease

7

8

9



Fill in the blanks with the correct behavior of the demand/supply curves

Type in the number relevant to it's location when answering,

ex: 1= when income decreases, supply will... and demand will...

8= When competitors price decrease, the curve will shift to the ....

Answers

Answer:

Je ne sais pas

Explanation:

Do you need a college degree to enter the military?
A. True
B. False

Answers

B. False

Explanation: you do not need a college degree to enter the military

Answer:

B, false

Explanation:

Which of the following could be sources of friction in a barter economy? a. Determining purity of gold bullion b. Coincidence of wants c. Lack of uniform pricing d. Impossible to extend credi

Answers

Option B. In a barter economy, two parties exchange goods or services directly with each other, without the use of money.

A barter economy requires a coincidence of wants, which means that both parties must have what the other party wants and wants what the other party has. If this coincidence does not exist, then a trade cannot be made. This creates friction in a barter economy as it may be difficult to find a trade partner with the desired goods or services.

Determining the purity of gold bullion refers to a potential issue with the quality of a traded good, but it is not a source of friction in a barter economy.Lack of uniform pricing refers to the difficulty of determining the value of goods and services in a barter economy, but it is not a source of friction.Impossible to extend credit refers to the lack of a lending and borrowing system in a barter economy, but it is not a source of friction.

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Which of the following could be sources of friction in a barter economy?

a. Determining purity of gold bullion

b. Coincidence of wants

c. Lack of uniform pricing

d. Impossible to extend credit

On June 15, 2021, Allen sold land held for investment to Stan for $65,000 and an installment note of $300,000 payable in five equal annual installments beginning on June 15, 2022, plus interest at 10%. Allen’s basis in the land is $255,500. What amount of gain is recognized in 2021 under the installment method?

Answers

The amount of gain that will be recognized in 2021 under the installment method, is $27, 857 . 14

How to find the gain recognized?

First, find the profit margin on the land sold by Allen to Stan:
= ( Selling price of land - Allen's basis in the land) / Allen's basis in the land

= ( ( 300, 000 + 65, 000) - 255, 500) ) / 255, 500

= 109, 500 / 255, 500

= 42. 857 %

The gain to be recognized, using the installment method is:
= Profit margin x Amount paid by Allen in 2021

= 42. 857 % x $ 65, 000

= $27, 857 . 14

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t 3 Lab Learning Activity
K
Marcus Richardson
HW Score: 0%, 0 of 4 points
O Points: 0 of 1
11/03/22 7:32 PM
Question 1, P4-4 (similar to)
(Related to Checkpoint 4.1) (Liquidity analysis) Airspot Motors, Inc. has $2,505,600 in current assets and $864,000 in current liabilities. The company's managers want to
increase the firm's inventory, which will be financed using short-term debt. How much can the firm increase its inventory without its current ratio falling below 2.1

Answers

$6,28,363  the firm increase its inventory without its current ratio falling below 2.1    

Current ratio = Current asset / current liability

Increasing inventory would increase the current asset.

We assume the additional inventory = L

So new current asset  = L + $2,505,600

New current liability   = L + $864,000

So,  L + $2,505,600÷ L + $864,000 = 2.1

By solving L we get, L= $6,28,363

In other words, assets are items that provide a financial benefit to a company, such as inventory, buildings, equipment, and cash. They aid a company's ability to manufacture goods or provide services both now and in the future. A company's liabilities are its obligations—either money owed or services not yet performed.

Liabilities are the debts owed by a company to third-party creditors. Accounts payable may include notes payable and bank debt. Businesses take on debt in order to expand faster. A company's stability is determined by the balance of its debts and assets

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What is the present value of the cash flows depicted on the table if the discount rate is 6%? Table of cash flows: C20:F20 Answer in cell C22

Answers

To calculate the present value of the cash flows in C20:F20, we can use the formula:PV = C20/(1+r)^1 + D20/(1+r)^2 + E20/(1+r)^3 + F20/(1+r)^4 .

What is the Present value ?

Where r is the discount rate (6%), and the numbers in the parentheses represent the time period (in years) for each cash flow.

Plugging in the numbers from the table, we get:

PV = 100/(1+0.06)^1 + 200/(1+0.06)^2 + 300/(1+0.06)^3 + 400/(1+0.06)^4

PV = 100/1.06 + 200/1.1236 + 300/1.191016 + 400/1.26247776

PV = 94.34 + 168.08 + 214.78 + 239.92

PV = 717.12

Therefore, the present value of the cash flows in C20:F20, given a discount rate of 6%, is $717.12. This means that if you were to invest $717.12 today at a 6% discount rate, you would have enough money to cover the cash flows in C20:F20 .

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1. Which of the following statements explains why the demand curve in the loanable funds market slopes downward? *
1 point
As the real interest rate increases, lenders are willing to lend more money
As the real interest rate decreases, lenders are willing to lend more money
As the real interest rate increases, borrowers are willing to borrow more money
As the real interest rate increases, borrowers are willing to borrow less money
None of these explanations is appropriate.

Answers

10000eodjchdhdhdhfhsjdjd
I believe the answer is the first one, which is A.

Many market researchers have their favorite research approaches or techniques, although different researchers often have different preferences. Some researchers maintain that the only way to really learn about consumers or brands is through in-depth, qualitative research. Others contend that the only legitimate and defensible form of marketing research uses quantitative measures.
Take a position: The best marketing research is quantitative in nature versus the best marketing research is qualitative in nature.

Answers

Answer:nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnioce

Explanation:

The best research in marketing is qualitative research. Through close observation or in-person interactions, qualitative market research determines consumer motivation. While quantitative research primarily focuses on what customers do, qualitative research focuses on why they behave the way they do.

What is the concept of the excerpt?

This is an important goal of qualitative research since it allows for a deeper knowledge of consumer motivation and emotion. The qualitative method is most suited for marketing since it will enable us to comprehend why a customer chooses to use a specific brand of good and what drives them to have a need for that good.

A quantitative market study involves gathering information through polling, surveys, and other means. By giving them questionnaires or conducting direct interviews, you can gather information on how consumers behave in relation to the demand for a particular good using this strategy.

Thus, The best research in marketing is qualitative research.

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can you please help me on how to write a formal Email ​

Answers

Answer:

It's just like writing a letter!

Explanation:

You don't add the date, here's a format to go by:

Dear {Recipient},

{Body paragraph}

Thanks/Best Regards/Sincerely,

{Your name}

EXMAPLE:

To: (email)

Subject: Ice Cream

Email: Father and Mother, I was wondering if you would consider buying me ice cream. I understand I haven't been a good 5 - year - old, but may you consider the benefits of buying me ice cream?

Thank you,

                      5 - year - old

my bunnies Lola (gray and white) and Sylvester (brown)

my bunnies Lola (gray and white) and Sylvester (brown)

Answers

Answer:

cute

Explanation:

theyre so cute

Answer:

omg your bunnies are SO cute!

Explanation:

:D

If Amelia would like to double her money in twelve years, how much interest does she need to earn O 12 percent O 16.6 percent O 6 percent 10 percent​

Answers

Out of the given answer choices, the interest rate that Amelia needs to earn to double her money in twelve years is 16.6 percent.

To find out how much interest Amelia needs to earn to double her money in twelve years, we need to use the compound interest formula.

This formula is used to determine the future value of an investment based on the principal, the interest rate, the number of compounding periods, and the time involved.
The formula is as follows: FV = PV x (1 + r/n)^(n*t)where FV = future value, PV = present value (the amount of money Amelia currently has), r = annual interest rate, n = number of times the interest is compounded per year, and t = time in years.

To double her money, Amelia needs to have a future value that is twice her present value. Therefore, we can set FV = 2PV and solve for r.

2PV = PV x (1 + r/n)^(n*t)Dividing both sides by PV, we get:2 = (1 + r/n)^(n*t)

Taking the natural logarithm of both sides, we get: ln(2) = ln[(1 + r/n)^(n*t)]

Using the power rule of logarithms, we can simplify the right side of the equation to ln(2) = (n*t) ln(1 + r/n)

Dividing both sides by (n*t), we get:ln(2) / (n*t) = ln(1 + r/n)

Finally, we can solve for r by raising both sides as the power of e: e^(ln(2) / (n*t)) = 1 + r/n

Subtracting 1 from both sides and multiplying by n, we get:r = n x (e^(ln(2) / (n*t)) - 1)

Plugging in the values given, we get:r = n x (e^(ln(2) / (n*12)) - 1)

We don't know the value of n, so we can try each of the answer choices to see which one gives us a value of r that works.

Using a financial calculator or a spreadsheet program like Excel, we can calculate the values of r for each interest rate.

Using 12 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0956 or 9.56 percent

Using 16.6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.1407 or 14.07 percent

Using 6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0488 or 4.88 percent

Using 10 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0794 or 7.94 percent

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4.2.9 Quiz: Selecting a Candidate and Making an Offer
Question 9 of 10
Which of the following is a way for an HR department to ensure it is following
up with job candidates in an EEO-compliant manner?
OA. They ensure that they have asked job candidates about their
willingness to work weekends.
OB. They ensure that have look at their budget before making a firm
offer on the wage or salary.
OC. They ensure that they ask job candidates about why they left their
last job or position.
OD. They ensure job candidates have been recruited from a wide
variety of minority channels.

Answers

One way that an HR department can ensure it is following up candidates right is D. They ensure job candidates have been recruited from a wide variety of minority channels.

What is EEO Compliance ?

It is crucial for organizations to maintain a diverse candidate pool as it upholds EEO compliance, thereby preventing discrimination and enabling equal opportunities, adopting various minority channels in the recruitment process guarantees unbiased consideration of applicants from distinct backgrounds, which counters traditional recruitment methods that may be partial to certain groups.

Through this approach, HR departments can ensure impartiality and inclusivity in their hiring processes while serving the organization's overall best interests.

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On 1 January 2010 The Happy Haddock Angling Club had the following assets:
RM
Cash at bank
200
Snack bar inventory
800
Club house buildings
12,500
During the year to 31 December 2010 the Club received and paid the following
amounts:
RM
RM
Receipts:
Paymants:
Subscriptions 2010
3,500
Rent and rates
1,500
Subscriptions 2011
380
Extension to dub house
8,000
6,000
3,750
Snack bar purchases
Secretarial expenses
650
240
Snack bar income
Visitors' fees
Loan from bank
Competition fees
5,500
Interest on loan
260
820
Snack bar expense
600
2,000
Games equipment
Balance c/d
500
16,850
16,850
Notes:
The snack bar inventory on 31 December 2010 was RM900
The games equipment should be depreciated by 20%
Required:
a) Prepare an income and expenditure account for the year ended 31 December
2010.

Answers

The preparation of an income and expenditure account for the year ended December 31, 2010, for The Happy Haddock Angling Club is as follows:

The Happy Haddock Angling Club

Income and Expenditure Account

For the year ended December 31, 2010

Snack bar income               Rm 6,000

Cost of snacks                           3,650

Gross profit from bar                2,350

Snack bar expense                     600

Snack bar operating income    1,750

Other expenses:

Rent and rates          Rm1,500

Secretarial expenses       240

Interest on loan               260 2,000

Net loss                                Rm 250

What is an income and expenditure account?

An income and expenditure account is the income statement prepared by non-trading entities to determine the surplus or deficit of income over expenditures for a period.

Data and Calculations:

Cash at bank Rm 200

Snack bar inventory 800

Clubhouse buildings 12,500

Equity = Rm 13,500 (Rm 200 + 800 + 12,500)

Cash Account:

Receipts:                                            Payments:

Subscriptions 2010       Rm3,500    Rent and rates              Rm1,500

Subscriptions 2011                380     Extension to dub house  8,000

Snack bar income             6,000     Snack bar purchases       3,750

Visitors' fees                         650     Secretarial expenses         240

Loan from bank                5,500      Interest on loan                 260

Competition fees                820       Snack bar expense          600

                                                         Games equipment         2,000

                                                         Balance c/d                       500

                                       16,850                                            16,850

Notes:

The snack bar inventory on 31 December 2010 was RM900

The Games equipment should be depreciated by 20%.

Cost of Snacks Bar Sales:

Snack bar inventory 800

Snack bar purchases 3,750

Total snack bar available = Rm 4,550

Snack bar ending inventory Rm 900

Cost of snacks sold = Rm3,650

Games Equipment Depreciation = Rm 400 ( Rm 2,000 x 20%)

Rent and rates              Rm1,500

Secretarial expenses         240

Interest on loan                 260

Snack bar expense          600

Snack bar income             6,000

Subscriptions 2010       Rm3,500

Visitors' fees                         650

Competition fees                820

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The HR department at Clearwater Electronics has been asked to develop a job description for a new managerial position in Dubai. Clearwater’s policy states that subsidiary managers should be employees from the parent company. What benefits does the company hope to realize from this ethnocentric approach?

Answers

dang no quema cuh

Explanation:

identify the types of south African businesses/market share​

Answers

A company may be incorporated in South Africa under one of five legal categories: a private company, a personal liability company, a public company, a non-profit organisation, or a state-owned corporation.

What percentage of the market?

South Africa is a newly industrialised nation with an upper-middle-income economy, according to the World Bank. It is ranked 34th in the world and has the second-largest economy in Africa. South Africa has the 7th per economic status in Africa in the context of purchasing power parity. Nevertheless poverty and inequality continue to be widespread, with almost 25% of the population unemployed and surviving on less than US$1.25 per day. Yet, South Africa continues to have a significant regional impact and is regarded as a middle power in international affairs.

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Match the descriptions to the relevant theories and laws.
Okun's Law
stagflation
demand pull inflation
unemployment and inflation have an inverse relationship
unemployment and inflation can both be high at some point
Philip's Law
for every 1% decrease in unemployment rate, there is a 2% increase in GNP
too much money chasing too few goods

Match the descriptions to the relevant theories and laws.Okun's Lawstagflationdemand pull inflationunemployment

Answers

Okun's Law-for every 1% decrease in unemployment rate, there is a 2% increase in GNP.  stagflation-unemployment and inflation can both be high at some point.

Stagflation is a condition in which there is a combination of slow economic development, rising prices, and rising unemployment. Although coexisting with poor economic development and high inflation is uncommon, it has happened before and many people think it might again.

Stagflation is a lethal combination that can cause an economic collapse where expenses and costs of living keep increasing. These kinds of economic crises are frequently brought on by significant changes in supply and loose monetary policy, and they continue longer than typical recessions because there is no permanent solution.

Thus,  demand pull inflation-too much money chasing too few goods. Philip's Law-unemployment and inflation have an inverse relationship.

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The position in a craft union in which the holder is the chief administrator of the union hiring hall is the

Answers

Answer:

e. international union representative

Explanation:

Union representatives played a vital role with respect to supporting the employees for reporting to the union leaders when they are on the place of their peers. It acted as the main liason between the employers & employees as in this they support the employees and guidem them via the challenges that took place during the work

So at the time when the craft union position where the holder be the chief administrator of the union hiring hall so it should be the  international union representative

Thomas’ family also runs a gourmet food store that sells two main products: Premium Caviar and Goose Foie Gras. They import the Premium Caviar from Russia, and purchase Goose Foie Gras from Upstate New York. The two products are sold in boxes. Thomas gathers the following information:


Premium Caviar Goose Foie Gras Totals
Units 4,000 12,000 16,000
Revenue $100,000 $180,000 $280,000
Variable costs 56,000 105,000 161,000
Fixed costs 20,000 40,000 60,000
Profit $ 24,000 $ 35,000 $ 59,000

Selling price per unit $25.00 $15.00
Contribution margin per unit $11.00 $6.25
Profit margin per unit $6.00 $2.92

When Thomas took accounting courses at college, he knows how to do cost-volume-profit analysis pretty well. However, he just remembers how to do the analysis for those companies with only one product. Therefore, he needs your help to calculate the following:

a. What is the business’ weighted-average contribution margin per unit? (show your computation)

b. Calculate the business’ break-even point in units assuming the current sales mix. (show your computation)


c. What will be the number of Premium Caviar and Goose Foie Gras boxes at the break-even level of sales? (show your computation)

d. What is the business’ weighted average contribution margin ratio? (show your computation)

e. What level of sales (in dollars) will be needed to earn a profit of $64,950 assuming the current sales mix? (show your computation)

f. What will be the sales (in dollars) of Premium Caviar and Goose Foie Gras boxes for the business’ total sales calculated in Part e? (show your computation)

Thomas family also runs a gourmet food store that sells two main products: Premium Caviar and Goose Foie
Thomas family also runs a gourmet food store that sells two main products: Premium Caviar and Goose Foie

Answers

Ratio of the weighted average contribution margin will be 0.50, or 50%.

How is the weighted-average contribution calculated?

To get the weighted-average contribution margin per unit, the sales mix must be known (the proportion of total sales for each product). Let's assume that the sales ratio for Premium Caviar & Goose Foie Gras is 50:50, which means that Premium Caviar makes up half of overall sales and Goose Foie Gras makes up the other half.

In order to compute the weighted-average contribution margin per unit, the contribution margin per unit for every product (Premium Caviar & Goose Foie Gras) must first be determined. Compute the contribution margin by deducting the variable cost per unit from of the selling price per unit.

Let's proceed with the supposition that:

Premium Caviar:

Selling price (per unit): $50

Variable cost (per unit): $25

Contribution margin (per unit): $50 - $25 = $25

Goose Foie Gras:

Selling price (per unit): $30

Variable cost (per unit): $15

Contribution margin (per unit): $30 - $15 = $15

To calculate the weighted-average contribution margin per unit, the contribution margin per unit for each product is multiplied by the proportion of sales for that product.

Weighted-average contribution margin (per unit) = (Premium Caviar's contribution margin per unit x percentage of premium caviar sales) + (Margin of contribution per serving of goose foie gras x the percentage of sales of goose foie gras)

= ($25 x 0.50) + ($15 x 0.50) = $20

The total fixed costs of the company must be known in order to determine the break-even point in units. Assume that the $100,000 total fixed expenses.

The following formula is used to compute the break-even point in units:

Break-even point (units) = Total fixed costs / Contribution margin (per unit)

= \(\frac{100,000}{2}\) = 5000 units

To figure out how many boxes of Premium Caviar and Goose Foie Gras are required to achieve break-even sales, we must first establish the sales mix. The sales mix we assumed earlier (50:50) can be multiplied by the break-even point in units to produce the following result:

Premium Caviar boxes = (Break-even point (units) x Proportion of sales)

= (5000 x 0.50) = 2500 boxes

Goose Foie Gras boxes = (Break-even point (units) x Proportion of sales)

= (5000 x 0.50) = 2500 boxes

The weighted average contribution margin per unit must be divided by the weighted average selling price per unit in order to obtain the weighted average contribution margin ratio.

Weighted-average selling price per unit = (Cost per unit of sale for premium caviar x percentage of premium caviar sales) + (Price per unit of goose foie gras for sale x the percentage of sales of goose foie gras)

= ($50 x 0.50) + ($30 x 0.50) = $40

Weighted-average contribution margin ratio = Weighted-average contribution margin (per unit) / Weighted-average selling price (per unit)

= \(\frac{20}{40}\) = 0.50 or 50%.

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A 60-day, 12% note for $10,000, dated May 1, is received from a customer on account. Assuming a 360-day year, the maturity value of the note is?

a. $10,000.
b. $9,980.
c. $11,200.
d. $10,200.

Answers

The borrower issues a note receivable to the lender in exchange for the payment of a certain amount on a specific date in the future, along with the interest that is due.

The lender can either wait until the note reaches maturity or discount it with a financial institution, which imposes a discount on the note's maturity value.

$10,200.Note: A note's face value plus interest is its maturity value. This is estimated to be $10,200 by multiplying $10,000 by [$% (60/360)]. Six terms have just been covered!

Is a note received from a customer regarding an account recorded?

By debiting Notes Receivable and crediting Accounts Receivable, a customer's note on account is recorded.note payable.A contingent liability is created when a note receivable is discounted, and it remains in effect until the note's due date.

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he December 31, 2018, balance sheet of Whelan, Inc., showed $120,000 in the common stock account and $2,289,000 in the additional paid-in surplus account. The December 31, 2019, balance sheet showed $137,000 and $2,568,000 in the same two accounts, respectively. If the company paid out $149,500 in cash dividends during 2019, what was the cash flow to stockholders for the year?

Answers

the cash flow to stockholders for the year is $169,000 negative.

Equity is equal to common stock plus any paid-in surplus.

Common stock plus additional paid-in excess equals total equity at the outset.

=136,000+2,610,000=$2,746,000

Common stock + Extra Paid-in Surplus = Total Equity at End

=146,000+2,910,00)=$3,056,000

Hence, new equity equals total equity at the end minus total equity at the beginning.

3,056,000-2,746,000=$310,000

Dividends paid minus new equity equals cash flow to investors.

= 141,000-310,000

= -169,000

=$169,000 a loss

a sum of money distributed to shareholders from a company's profits. Although they can do so at any time, public firms that pay dividends often do so on a predetermined timetable. Special dividends or additional dividends are terms used to describe unexpected dividend payouts.

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Sexual Violence Awareness (Campus SaVE Act):
Final Assessment
QUESTION 3 OF 15
Which is NOT a strategy for defusing potentially harmful
situations?
1
distract
2
direct
3
deactivate
4.
delegate

Answers

Answer: distract

Explanation:

Distraction is not a strategy for defusing potentially harmful situations. Option (a) is correct.

What do you mean by Strategy?

Strategy is a plan for achieving a long-term or overall goal.

Hollaback's "5 D's" (Direct, Distract, Delay, Delegate, Document) are different methods that bystanders can use to support someone who is being harassed, emphasize that harassment is not okay, and demonstrate to people in your life that they too have the power to make our communities and workplaces safer.

It teaches students, faculty, and staff how to intervene by employing the three Ds: Direct, Distract, and Delegate. The three D's provide strategies for intervening in potentially dangerous situations.

Therefore, Option (a) is correct.

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Companies should try to focus on their areas of expertise. Should they always outsource other business functions to become a more modular organization?

Must be 3-4 sentences pls

Answers

Answer:

Yes. companies should try to focus on their core competencies so that they can have more time and resources to focus on delivering on their primary assignment.

Explanation:

An ICT company with a high volume of customer care related activities should consider outsourcing that service.

If their core offering is to deliver on mobile applications, it will prove counterproductive in the nearest future if they spend most of their time trying to solve problems that arise from servicing existing customers.

Outsourcing must be carefully implemented so that it does not backfire. It is critical to ensure that the total direct and indirect cost to the company far outweigh the benefits of retaining such a service internally.

Cheers

Assume the cholesterol levels in a certain population have mean µ= 200 and standard deviation σ = 24. The cholesterol levels for a random sample of n = 9 individuals are measured and the sample mean x is determined. What is the z-score for a sample mean x = 180?

a. –3.75

b. –2.50

c. −0.83

d. 2.50

Answers

the correct answer will be B because of the sample score

The required z-score for the given sample mean would be -0.83. which is the correct answer would be an option (C).

What is Z -score?

A Z-score is defined as the fractional representation of data point to the mean using standard deviations.

Given the mean µ= 200 and standard deviation σ = 24. The cholesterol levels for a random sample of n = 9 individuals are measured sample mean is 180.

To determine the Z-score for the given sample mean

⇒ z-score = (X-ц )/σ

Here,

ц = 200

σ = 24

X = 180

Substitute the values in the above formula,

⇒ z-score = (180 - 200)/24

⇒ z-score = -20 /24

⇒ z-score = -0.833

Therefore, the required z-score for the given sample mean would be -0.83.

Hence,  the correct answer would be an option (C).

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Magnificent Blooms is a florist specializing in floral arrangements for weddings, bo graduations, and other events. Magnificent Blooms has a fixed cost associated with space and equipment of $100 per day. Each worker is paid $50 per day. The daily production § function for Magnificent Blooms is shown in the accompanying table. © Macmil Submit All Quantity of labor (workers) 0 1 2 3 4 5 a. Calculate the marginal product of each worker. Quantity of floral arrangements 0 5 9 12 14 15 Marginal product Quantity of labor (workers) 1 2

Answers

The marginal product of each worker for Magnificent Blooms is as follows: Worker 0: N/A: Worker 1: 5: Worker 2: 4: Worker 3: 3: Worker 4: 2: Worker 5: 1

To calculate the marginal product of each worker for Magnificent Blooms, we need to determine the change in the quantity of floral arrangements resulting from each additional worker.

Here's how to calculate the marginal product for each worker:

Worker 0: Since there are no workers (0 workers), the quantity of floral arrangements is 0. Therefore, the marginal product for worker 0 cannot be calculated.

Worker 1: The quantity of floral arrangements with 1 worker is 5. To calculate the marginal product for worker 1, we subtract the quantity of floral arrangements with 0 workers from the quantity with 1 worker: 5 - 0 = 5.

Worker 2: The quantity of floral arrangements with 2 workers is 9. To calculate the marginal product for worker 2, we subtract the quantity of floral arrangements with 1 worker from the quantity with 2 workers: 9 - 5 = 4.

Worker 3: The quantity of floral arrangements with 3 workers is 12. To calculate the marginal product for worker 3, we subtract the quantity of floral arrangements with 2 workers from the quantity with 3 workers: 12 - 9 = 3.

Worker 4: The quantity of floral arrangements with 4 workers is 14. To calculate the marginal product for worker 4, we subtract the quantity of floral arrangements with 3 workers from the quantity with 4 workers: 14 - 12 = 2.

Worker 5: The quantity of floral arrangements with 5 workers is 15. To calculate the marginal product for worker 5, we subtract the quantity of floral arrangements with 4 workers from the quantity with 5 workers: 15 - 14 = 1.

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In 2020, a company receives advance payments from its customers. The company will deliver the products in 2021. At the end of 2020, the company will __________ related to this transaction (enter 1, 2, 3, or 4 that represents the correct answer).

1. record a deferred tax asset

2. record a deferred tax liability

3. have a permanent difference

4. report no difference between financial income and taxable income for 2020.

Answers

Answer:

In 2020, a company receives advance payments from its customers. The company will deliver the products in 2021. At the end of 2020, the company will ____1______ related to this transaction (enter 1, 2, 3, or 4 that represents the correct answer).

1. record a deferred tax asset

Explanation:

For having paid income tax in 2020 on the cash received for deferred revenue, the company will record a deferred tax asset.  This deferred tax asset will then be offset in 2021 when the sales revenue will be recorded according to the financial income accounting.  Deferred tax asset arises from the overpayment or advance payment of taxes.  The opposite of a deferred tax asset is called a deferred tax liability, representing income tax owed, which will be settled in the coming years.

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