The inventory data for an item for April is listed below. Use
this inventory information to answer the question listed below.
Apr1. inventory 120 units at 33$
10. purchased 40 units at 36$
19. sold 60

The margin of safety is $620,000 and the margin of safety ratio is 25%.

To calculate the break-even point in units, we can use the formula:

Break-even point (in units) = Fixed costs / Contribution margin per unit

First, we need to calculate the contribution margin per unit:

Contribution margin per unit = Selling price per unit - Variable cost per unit

Given that variable costs are 55% of sales and the selling price is $4, we can calculate:

Variable cost per unit = 55% of $4 = $2.20

Contribution margin per unit = $4 - $2.20 = $1.80

Now we can calculate the break-even point in units:

Break-even point (in units) = $837,000 / $1.80 = 465,000 units

Therefore, the break-even point in units is 465,000 units.

To calculate the break-even point in dollars, we can multiply the break-even point in units by the selling price per unit:

Break-even point (in dollars) = 465,000 units * $4 = $1,860,000

Now let's calculate the margin of safety:

Margin of safety (in dollars) = Actual sales - Break-even point (in dollars)

Margin of safety (in dollars) = $2,480,000 - $1,860,000 = $620,000

To calculate the margin of safety ratio, we divide the margin of safety in dollars by actual sales and multiply by 100:

Margin of safety ratio = ($620,000 / $2,480,000) * 100 = 25%

Therefore, the margin of safety is $620,000 and the margin of safety ratio is 25%.

Learn more about margin of safety at https://brainly.com/question/9797559

#SPJ4

Critical thinking is a critical component of project management. When project managers employ critical thinking skills, they are better prepared to confront challenges and execute the project more effectively.

The following are some of the barriers and enablers that might make project management and study more effective in the future regarding critical thinking:

Learn more about critical thinking at:

https://brainly.com/question/29976333

#SPJ11

The statement that is true according to Keynes is that monetary policy can be ineffective because of the increased uncertainty during a recession.Keynes suggested that during a recession, monetary policy could be ineffective due to the increased uncertainty and pessimism that comes with the economic downturn. As a result, investment and consumption fall, causing an increase in unemployment.

Additionally, Keynes argued that fiscal policy is more effective during times of recession since it directly affects the demand for goods and services, thereby leading to an increase in employment.The other statements are not true according to Keynes. Keynes believed that fiscal policy is more effective than monetary policy in managing the economy, particularly during recessions.

He argued that fiscal policy can stimulate demand for goods and services by increasing government spending and lowering taxes, which can lead to an increase in employment and output. Keynes did not believe that the economy is always at full employment, as he observed that economies can experience periods of high unemployment due to insufficient aggregate demand.

know more about monetary policy,here:

https://brainly.com/question/32175013

#SPJ11

The statement "It analyzes the linear relationship between two variables by estimating coefficients for an equation for a straight line" is true of a structural model.

The objective of a structural model is to analyze the relationship between variables and estimate the coefficients for an equation that captures that relationship. A structural model would estimate the coefficients for a straight line equation in the case of a linear relationship between two variables typically using methods like linear regression.

In order to comprehend and quantify the relationships between variables, evaluate the effect of independent variables on a dependent variable, and predict or draw conclusions based on the estimated coefficients, structural models are used. They shed light on the dynamics and underlying structure of the variables under investigation.

Learn more about structural model at:

brainly.com/question/28423822

#SPJ4

The one that would dramatically and permanently reduce government outlays is reducing the number of overseas military bases. option D.

The term government outlays are defined as the total amount of money that the government spends or disburses in a specific period.

The given options are policies that could potentially reduce the government's outlays:A) raising the age to receive Social Security to 75 - This policy might lead to a reduction in Social Security payouts, but it will not result in significant and permanent reductions in government outlays.

B) lowering wages for workers involved in all government construction projects - This policy may reduce the overall cost of construction projects, but it may not result in a significant and permanent reduction in government outlays.

C) reducing the number of people eligible for Medicare and Medicaid by half - This policy might lower the overall cost of Medicare and Medicaid programs, but it would also affect the people that benefit from these programs. This policy will not result in a significant and permanent reduction in government outlays.

D) reducing the number of overseas military bases - This policy could lead to significant reductions in government outlays as military bases abroad are one of the primary sources of government expenditures.

The maintenance and operations of such bases require huge amounts of money, which could be significantly reduced by cutting down the number of overseas military bases.

E) lowering Medicare and Social Security taxes - This policy will lead to a reduction in the revenue generated by the government from Medicare and Social Security taxes, but it will not result in a significant and permanent reduction in government outlays.

Thus, we can conclude that reducing the number of overseas military bases would dramatically and permanently reduce government outlays. So Option D is correct.

For more question on dramatically visit:

https://brainly.com/question/18882103

#SPJ8

b. GDP per capita. Productivity growth is closely linked to GDP per capita.

Productivity measures the efficiency with which inputs (such as labor and capital) are used to produce goods and services, while GDP per capita represents the average economic output per person in a country. When productivity increases, more output can be produced with the same amount of inputs, leading to higher GDP per capita.

Trade balance (a) refers to the difference between a country's exports and imports and is not directly linked to productivity growth. The average level of wages (c) and the current minimum wage (d) are factors related to labor compensation and income distribution but do not necessarily determine productivity growth.

Learn more about GDP per capita here:

https://brainly.com/question/26659786

#SPJ11

Amazon (AMZN) is a publicly traded firm with a variety of shares available on the NASDAQ stock exchange. Amazon's market capitalization is about $1.7 trillion as of June 2021, making it one of the world's most valuable firms. Let's look at some of the different forms of stock that Amazon offers.
Common Stock
Amazon's common stock is the most commonly known type of stock. They are traded on public markets and are frequently referred to as equities. When someone buys a share of common stock, they are purchasing a small piece of ownership in the corporation. Common stockholders have voting rights on company matters such as electing board members and other decisions, as well as the ability to earn dividends if the corporation decides to issue them.
Preferred Stock
Preferred stock is another kind of stock that Amazon offers. Preferred stockholders receive a higher dividend rate than common stockholders, but they do not have the same voting rights. If a corporation issues dividends, preferred stockholders are paid before common stockholders. If the company goes bankrupt, preferred stockholders have a priority claim on company assets ahead of common stockholders.
Amazon Stock Purchase Plan
Amazon also provides an employee stock purchase plan (ESPP) for its employees. This enables workers to purchase Amazon shares at a discount price. This is not available to the general public, but only to Amazon employees.
The ownership structure of Amazon, as well as its financial health and growth prospects, can all affect the type of stock that an investor may want to buy.

As previously mentioned, Amazon has both common and preferred shares available, which means that investors must decide which type of investment is best for them. Common stockholders may be interested in having a say in corporate decisions, while preferred stockholders may be more concerned with earning a consistent dividend payout. It's important to understand how these different forms of stock operate, as well as the risks and benefits of owning them. Investors should always consult with a financial advisor before making investment decisions.

To know more about firms visit:

https://brainly.com/question/31687318

#SPJ11

The answer is D. The law of comparative advantage does not apply in domestic trade, only in international trade.

The law of comparative advantage is a fundamental principle in international trade that states that countries should specialize in producing goods and services in which they have a lower opportunity cost and trade with other countries to maximize overall efficiency and welfare. This principle applies to international trade because different countries have different resources, technologies, and production capabilities.

In domestic trade, within a single country, the law of comparative advantage does not play a significant role because the country does not face the same resource constraints and trade-offs as it does when engaging in international trade. Domestic trade is primarily driven by market forces, supply and demand, and domestic policies, rather than the concept of comparative advantage.

Therefore, option D is the correct answer as it highlights a difference between international trade and domestic trade.

To know more about comparative advantage, visit;
https://brainly.com/question/7780461
#SPJ11

In order to hedge against the potential price changes of wheat, the option position that will provide the best wheat hedge would be: Buy put options on wheat. (Option 3)

Buying put options on wheat allows Harvest Cereals to have the right, but not the obligation, to sell wheat at a predetermined price (the strike price) within a specified period of time (until the option's expiration date). By purchasing put options, Harvest Cereals can protect itself from potential price decreases in wheat. If the price of wheat falls below the strike price, the put options will gain value, offsetting the loss in the physical wheat purchase.

Writing (selling) put options (option 1) exposes Harvest Cereals to the risk of having to purchase wheat at a higher price if the market price drops below the strike price.

Writing straddles (option 2) involves simultaneously selling both put and call options on wheat. This strategy may not be the best choice for hedging a specific directional price risk, as it benefits from high volatility and uncertainty rather than protecting against price changes.

Writing call options (option 4) would expose Harvest Cereals to potential losses if the price of wheat rises above the strike price, as they would be obligated to sell wheat at a lower price.

Buying call options (option 5) does not provide an effective hedge against potential price decreases in wheat, as it only allows the right to buy at a predetermined price and would result in a loss if the price decreases.

Therefore, buying put options on wheat (option 3) is the most suitable option to hedge against potential price changes and protect Harvest Cereals from unfavorable price movements in their wheat imports.

The correct question is:

Harvest Cereals imports wheat as an ingredient for its product line. The current price of wheat per bushel will allow for a reasonable profit margin. But, Harvest understands that the global price of wheat changes, sometimes quite often, and is worried that the price of the next shipment due in the near future will change from its current level. Given this scenario, what option position will provide the best wheat hedge?

1. Write put options on wheat

2. Write straddles on wheat

3. Buy put options on wheat

4. Write call options on wheat

5. Buy call options on wheat

To know more about wheat hedge follow the link:

https://brainly.com/question/29852021

#SPJ4

The legally required benefits in compensation are Social Security and Medicare Taxes, Paid Time Off , Health Insurance.

Social Security and Medicare Taxes: Employers are required to pay Social Security and Medicare taxes for their employees, which is usually matched by the employee.

Paid Time Off (PTO): Some states in the United States require employers to offer paid time off for vacation or illness purposes. This could be in the form of a specific number of days or hours each year.

Health Insurance: Employers with a certain number of employees are required to provide health insurance coverage to their full-time employees.

This requirement is under the Affordable Care Act (ACA).Workers’ Compensation: Employers are required to have workers’ compensation insurance in case their employees get injured or become ill as a result of their job.

Other benefits may not be legally required, but can be used to attract and retain employees. These may include retirement plans, life insurance, and tuition reimbursement.

To know more about Social Security click on below link:

https://brainly.com/question/32221263#

#SPJ11

If Anne chooses to devote 0 hours to leisure during the week, how much can she consume? C= ?If Anne chooses to devote 0 hours to leisure during the week, she will have 7 * 24 - 8 * 7 = 112 available hours for work. Her budget set can be written as 112w = C or C = 112 * 5 = 560. Thus, if Anne chooses to devote 0 hours to leisure during the week, she can consume $560.2)

If Anne chooses to devote all available hours (except those she has to sleep) to leisure during the week, how much can she consume? C =?If Anne chooses to devote all available hours (except those she has to sleep) to leisure during the week, she will have no time for work. So, her budget set can be written as

0 = C or C = 0.

Thus, if Anne chooses to devote all available hours to leisure during the week, she can consume $0.3) If Anne chooses to devote 30 hours to leisure during the week, how much can she consume? C If Anne chooses to devote 30 hours to leisure during the week, she will have 7 * 24 - 8 * 7 - 30 = 50 available hours for work.

Her budget set can be written as

50w + LL = C or C = 250 + 5LL.

Given that Anne devotes 30 hours to leisure during the week, her budget set can be written as

C = 250 + 5 * 30 = 400.

Thus, if Anne chooses to devote 30 hours to leisure during the week, she can consume $400.4) Suppose w=5w=5 and the government gives Anne a subsidy of $250. She receives this money unconditionally, regardless of how many hours she works. We define Anne's budget set over bundles of C and L, i.e. (C,L). Placing C on the horizontal axis and L on the vertical axis, depict Anne's budget set.

To know more about consume visit:

https://brainly.com/question/15307787

#SPJ11

a. Ron realizes no gain or loss on the formation of the corporation because he contributed cash in exchange for stock. He recognizes no gain or loss.

b. Ron’s tax basis in the stock he receives is equal to the amount of cash he contributed, which is $280,000.

c. Hermione realizes a gain of $210,000 on the formation of the corporation because the fair market value of the property she contributed ($420,000) is greater than her adjusted basis in the property ($210,000).

However, she does not recognize this gain because the exchange of property for stock in a corporation is generally a non-taxable event.

d. Hermione’s tax basis in the stock she receives is equal to her adjusted basis in the property she contributed ($210,000) plus the amount of cash she received ($140,000), for a total of $350,000.

e. Wizard Corporation takes an adjusted basis in the land and building received from Hermione equal to her adjusted basis in the property ($210,000).

f. If Hermione’s adjusted basis in the land was $280,000 instead of $168,000, her total adjusted basis in the property she contributed would be $322,000.

She would realize a gain of $98,000 on the formation of the corporation ($420,000 - $322,000). However, she would still not recognize this gain because the exchange of property for stock in a corporation is generally a non-taxable event.

g. If Hermione’s adjusted basis in the land was $280,000 instead of $168,000, Wizard Corporation would take an adjusted basis in the land and building received from Hermione equal to her adjusted basis in the property ($322,000).

h. If Hermione’s adjusted basis in the land was $420,000 instead of $168,000, her total adjusted basis in the property she contributed would be $462,000.

She would realize no gain or loss on the formation of the corporation because her adjusted basis would be equal to the fair market value of the property she contributed ($420,000).

i. If Hermione’s adjusted basis in the land was $420,000 instead of $168,000, Wizard Corporation would take an adjusted basis in the land and building received from Hermione equal to her adjusted basis in the property ($462,000).

Thus, Wizard Corporation would take an adjusted basis in the land equal to  Hermione's adjusted basis.

Learn more about gain-loss here:

https://brainly.com/question/31455643

#SPJ12

Joe’s House Cleaning, as the name implies, is a company that specializes in household junk removal.

The owner of the company is considering expanding his offerings by including power washing, which entails cleaning the outside of a house and driveway. Cross-selling is a strategy that can aid businesses like Joe's House Cleaning in boosting sales by offering additional services to existing customers. In this case, the goal is to persuade existing clients who use the junk removal service to use the power washing service as well.

The company already has an existing customer base who trust them and are familiar with their services. By cross-selling the power washing service, the company can leverage this established relationship to expand its business offerings and create new revenue streams. Cross-selling will also make the company more competitive by providing a full range of services. Offering power washing to clients will also provide an additional revenue stream that would have been lost if customers had to hire another company to handle power washing.

Learn more about Joe’s House Cleaning: https://brainly.com/question/19493296

#SPJ11

With a net operating income (NOI) of $60,000 after taking into account the final disposal of capital expenditures.

To calculate net operating income (NOI) given the capital expenditure treatment below, it is necessary to consider real estate rental income, vacancy and recovery losses, and operating expenses. Here is the breakdown of the calculation:

Rental income:

Number of office units:

Four

Contract rent per unit:

$2,500/month

Total monthly rental income:

4 units * $2,500 = $10,000

Annual rental income:

$10,000 * 12 = $120,000

Vacancy and collection loss:

Vacancy rate and collection loss rate:

15D44 Vacancies and Recovery Losses:

$120,000 * 0.15 = $18,000

Effective gross income:

Effective Gross Income (EGI) = annual rental income – vacancies and recovery losses

EGI = $120,000 – $18,000 = $102,000

Operating expenses:

Operating expenses:

$42,000

Net operating income:

Net Operating Income (NOI) = EGI – Operating Expenses

NOI = $102,000 – $42,000 = $60,000

investment:

Investment rate:

10.Capital investment:

$102,000 * 0.10 = $10,200

To know more about capital expenditures visit :

https://brainly.com/question/32154085

#SPJ4

No, a surplus cannot always be beneficial when compared to a deficit. Whether a surplus or a deficit is beneficial depends on the specific economic context and conditions. Here's a more detailed explanation:

1. Economic Context: In certain situations, a surplus may be undesirable or indicate underlying problems in the economy. For example, if there is a surplus of unsold goods or excess production capacity, it can lead to reduced investment, layoffs, and economic downturn. In such cases, a deficit might be preferred as it indicates higher levels of demand and economic activity.

2. Macroeconomic Policies: Surpluses and deficits can also be influenced by macroeconomic policies. In some cases, a government may deliberately run a deficit to stimulate the economy through increased spending and investment. This can be beneficial during periods of economic recession or low growth. On the other hand, running persistent deficits can lead to unsustainable levels of debt, higher interest rates, and inflation, which can have negative consequences in the long run.

3. External Factors: Surpluses and deficits in international trade can also have different implications. While a surplus in trade can indicate competitiveness and export strength, it may also lead to trade imbalances, protectionism, and disputes with trading partners. On the other hand, a deficit in trade can be indicative of reliance on imports or lack of competitiveness in certain sectors, but it can also signify strong domestic consumption and investment.

Therefore, it is not accurate to say that a surplus is always beneficial compared to a deficit. The impact of surpluses and deficits depends on various factors, including the economic context, macroeconomic policies, and external factors. It is crucial to assess the specific circumstances and consequences to determine the desirability of a surplus or a deficit in a given situation.

To know more about crucial visit-

brainly.com/question/32396946

#SPJ11

The value of the weighted average number of shares outstanding as at December 31, 2020 is 229,350 shares.

Calculation of weighted average number of shares outstanding using 1-for-10 reverse stock split:

When the corporation had a 1-for-10 reverse stock split instead of a 10% stock dividend on July 1, the number of shares outstanding would be 294,000 + 29,400 - 11,700 = 311,700 common shares.

For the first half of the year, the weighted average number of shares outstanding was:

294,000 × 3/12 = 73,500 shares

For the second half of the year, the weighted average number of shares outstanding was:

311,700 × 1/2 = 155,850 shares

Therefore, the weighted average number of shares outstanding as at December 31, 2020 would be:73,500 + 155,850 = 229,350 shares.

Learn more about common stock at:

https://brainly.com/question/32439663

#SPJ11

Convenience goods, shopping goods, specialty goods, and unsought goods are four types of product types.

Supplier selection is crucial for reduce purchase risks (quality of the product), save an organization’s financial resources (proper pricing), smooth operation (matching capability and delivery commitment), and suppliers as a partner can be part of the success of any organization. Therefore, the correct options are option 1, 2, 3, and 5.

The four product types are convenience goods, shopping goods, specialty goods, and unsought goods. Each of these types has different purchasing practices and examples.

1. Convenience goods: Convenience goods are inexpensive products that consumers purchase regularly and without much thought. The purchasing practices for convenience goods are that they are usually sold in many places, are priced affordably, and require little research to purchase.

Example: Soft drinks, toothpaste, and newspapers.

2. Shopping goods: Shopping goods are products that consumers purchase less frequently and take more time and effort to research. Consumers are willing to spend more time and money on these products. Purchasing practices include comparative shopping, a longer decision-making process, and seeking out quality information.

Example: Electronics, furniture, and clothing.

3. Specialty goods: Specialty goods are high-end products that are not sold in many locations. They are more expensive than convenience and shopping goods, and consumers usually have a brand preference. Purchasing practices include seeking out specific stores and locations, researching quality, and higher price points. Example: Luxury cars, designer clothing, and fine wines.

4. Unsought goods: Unsought goods are products that consumers do not know about or do not want to purchase. They require more marketing effort and consumer persuasion. Purchasing practices include creating awareness and interest in the product, providing incentives and promotional pricing.

Example: Burial plots, life insurance, and funeral services.

The supplier selection process is essential for all of the following reasons except D) Sensitive to business integrity and intellectual properties.

Supplier selection is crucial for the following reasons:

A) Reducing purchase risks, such as ensuring the quality of the product and timely delivery.

B) Saving an organization’s financial resources by ensuring proper pricing and reducing costs.

C) Ensuring smooth operations by matching supplier capability and delivery commitments.

E) Building long-term relationships with suppliers who can contribute to the organization's success.

Learn more about Specialty goods:

https://brainly.com/question/28042798

#SPJ11

In order to find out the maximum amount that you are allowed to borrow for this position, you need to first calculate the total value of the position. This can be done using the following formula:Total value of position = Number of shares x Price per share= 400 x $50.00 = $20,000.

In this scenario, you plan to purchase 400 shares of Meridian Inc. at $50.00 per share on margin. The initial margin is 55.00%, and the maintenance margin is 30.00%.The maximum amount that you are allowed to borrow for this position is determined by the initial margin, which is the percentage of the total value of the position that you must put up as equity. In this case, the initial margin is 55%, which means you need to put up 55% of the total value of the position as equity. The rest can be borrowed.

To calculate the maximum amount you can borrow, you first need to calculate the total value of the position. This can be done by multiplying the number of shares by the price per share. In this case, the total value of the position is 400 shares x $50.00 = $20,000.Once you have the total value of the position, you can calculate the initial margin by multiplying the total value by the initial margin percentage. In this case, the initial margin is 55%, so the initial margin is 55% x $20,000 = $11,000.The amount you can borrow is simply the total value of the position minus the initial margin. In this case, the amount you can borrow is $20,000 - $11,000 = $9,000.

In conclusion, the maximum amount that you are allowed to borrow for this position is $9,000. This is calculated by subtracting the initial margin from the total value of the position. The initial margin is 55% of the total value of the position, which means you need to put up $11,000 as equity. The rest can be borrowed, which gives you a maximum borrowing amount of $9,000.

To know more about maximum amount visit:

brainly.com/question/32568749

#SPJ11

For the three projects under analysis, a. component costs are debt 9% and equity 16.10%, and break point is 6.47%. b. The WACC's is 12.90%. c. The optimal capital budget is $15,000,000..

a. Calculation of component costs

1. Debt:

Wd = D/(D+E)

Wd = 40%

D = $17,000,000(1 - 10%) = $15,300,000

E = $23,000,000

Cost of Debt before-tax rate = rd = 12%

Corporate Tax Rate = T = 25%

Cost of Debt after-tax rate = rd(1-T)

rd(1-T) = 12%(1-25%) = 9%

2. Equity:

We will use the CAPM model to calculate the cost of equity as follows:

CAPM Model: Ke = Rf + β * (Rm - Rf)

Where, Ke = cost of equity, Rf = Risk-Free rate = 2.50%, β = beta coefficient, Rm = Expected Market return = 12.00% (given in the question)

Ke = 2.50% + 1.40*(12.00% - 2.50%) = 16.10%

Weighted Average Cost of Capital (WACC)

WACC = (1 - T)*rd * Wd + Ke * We

WACC = (1 - 25%)*9%*40% + 16.10%*60%

WACC = 12.90%

3. Breakpoints

We can calculate Breakpoints as follows:

BPN1 = amount of financing at which the before-tax cost of debt rises above the cost of equity. To calculate the breakpoint, we can use the following formula:

BPN1 = D/(D+E)*rd

Before-tax cost of debt rises above the cost of equity, when D/(D+E)*rd > KeBPN1 = $15,300,000/($15,300,000 + $23,000,000)*12%

BPN1 = 7.49%

BPN2 = amount of financing at which the before-tax cost of debt rises above 14%.

To calculate the breakpoint, we can use the following formula:

BPN2 = D/(D+E)*rd

BPN2 = $15,300,000/($15,300,000 + $23,000,000)*14%

BPN2 = 6.47%

b. Calculation of WACC

WACC = (1-T)*rd*Wd + Ke*We

WACC = (1-25%)*9%*40% + 16.10%*60%

WACC = 12.90%

c. Calculation of optimal capital budget

To determine the optimal capital budget, we need to calculate the NPV and IRR of each project, and choose the projects that have positive NPV and IRR greater than the cost of capital.

Project a:

NPV = -$19,000,000 + $18,000,000 / (1 + 12.9%) + $19,000,000 * 18% / (1 + 12.9%) ^ 2

NPV = -$2,626,343

IRR = 18%

Project β:

NPV = -$25,000,000 + $18,000,000 / (1 + 12.9%) + $25,000,000 * 16% / (1 + 12.9%) ^ 2

NPV = -$9,291,261

IRR = 16%

Project 2:

NPV = -$15,000,000 + $18,000,000 / (1 + 12.9%) + $15,000,000 * 14% / (1 + 12.9%) ^ 2

NPV = $1,399,183

IRR = 14%

We can conclude that project 2 is the optimal investment as it has the highest NPV and IRR greater than the cost of capital. Therefore, the optimal capital budget is $15,000,000.

Learn more about WACC:

https://brainly.com/question/25566972

#SPJ11

In June, Grill Master Ltd. recorded several transactions, including purchases, sales, returns, and freight payments. The corresponding journal entries were made to accurately reflect these transactions.

To record the transactions for Grill Master Ltd. in the month of June, the following journal entries would be made:

June 3:

Inventory (25 x $440) 11,000

Accounts Payable 11,000

(To record the purchase of 25 barbeques from BBQ King Ltd.)

June 5:

Inventory 200

Accounts Payable 200

(To record the freight payment for the barbeques purchased on June 3)

June 6:

Accounts Receivable 9,120

Sales Revenue 9,120

(To record the sale of 12 barbeques to Outdoor Grill)

Cost of Goods Sold 4,368

Inventory 4,368

(To record the cost of goods sold for the 12 barbeques sold)

June 7:

Accounts Payable 880

Inventory 880

(To record the return of two defective barbeques to BBQ King)

June 13:

Accounts Receivable 760

Sales Returns and Allowances 40

Inventory 40

(To record the return of one defective barbeque from Outdoor Grill)

June 16:

Accounts Payable 440

Inventory 440

(To record the return of the defective barbeque from Outdoor Grill to BBQ King)

June 19:

Inventory (10 x $440) 4,400

Accounts Payable 4,400

(To record the purchase of 10 barbeques from Backyard Barbecues)

June 20:

Inventory 200

Accounts Payable 200

(To record the freight payment on the June 19 purchase)

June 30:

Cost of Goods Sold 8,000

Inventory 8,000

(To record the cost of goods sold for the remaining inventory)

To know more about journal entries, here

https://brainly.com/question/20421012

#SPJ4

International business negotiation is a term used to describe the process of bargaining between two or more parties from different countries or cultures in order to achieve a mutually acceptable agreement.

The following are the features of international business negotiation:1. Cross-cultural communication: International business negotiations require communicating effectively with individuals from different cultures. Knowledge of foreign markets: In order to negotiate successfully, one must have a good understanding of the foreign markets one is dealing with.The complexity of the negotiation process: International business negotiations are usually more complicated than domestic negotiations because of the number of factors that must be taken into account.

Understanding legal and political environments: Negotiators must be familiar with the legal and political environments of the countries where they will be conducting business. Managing interpersonal relationships: Building and maintaining interpersonal relationships is a crucial part of the negotiation process, particularly in international negotiations. Negotiating across language barriers: Negotiators must be able to overcome language barriers and communicate effectively, both orally and in writing, in a foreign language.

To learn more about Negotiation visit here:

brainly.com/question/32450750

#SPJ11

Six Sigma is a highly structured problem-solving methodology that focuses on the continuous improvement of processes and products to achieve customer satisfaction. Six Sigma has two sub-methodologies which are DMAIC and DMADV.DMAIC stands for Define, Measure, Analyze, Improve, and Control.

It is a data-driven methodology used to improve an existing process. It is used when the process has not been performing at the expected level and has the potential to be improved. The DMAIC methodology is a cyclical process consisting of five phases, and the end goal of the methodology is to achieve a Six Sigma quality level.DMADV, which is also known as DFSS (Design for Six Sigma), is a data-driven methodology used to design a new process, product, or service. It stands for Define, Measure, Analyze, Design, and Verify. This methodology is used to develop a new product, process, or service from scratch. The DMADV methodology is also a cyclical process consisting of five phases, and the end goal of the methodology is to achieve a Six Sigma quality level.

To know more about Six Sigma visit-

brainly.com/question/30592021

#SPJ11

The given statement "The destination marketing environment is a complex system consisting of numerous stakeholders, external opportunities, threats, and trends" is true because destination marketing is the promotion of a place, city, state, or nation to potential visitors.

Destination marketing is a technique that incorporates aspects of marketing and advertising to entice visitors to choose a particular destination for their holiday or vacation. The primary goal of destination marketing is to raise brand awareness and attract visitors. Therefore, the destination marketing environment is a complex system consisting of various stakeholders, external opportunities, threats, and trends.

Stakeholders are individuals or organizations that have a direct or indirect interest in a particular industry. Stakeholders are those who contribute to the organization or are impacted by its operations and activities. In destination marketing, stakeholders may include hotels, travel agencies, airlines, restaurants, and local residents. External opportunities are opportunities for growth and development in the market that may be exploited. Threats, on the other hand, are potential factors that may harm an organization. Trends, on the other hand, are shifts in customer behaviour that can be exploited or posed a risk to an organization. These three elements are essential components of the destination marketing environment.

For more about marketing:

https://brainly.com/question/27155256

#SPJ11

False, If two projects have the same risks, the same payback periods, and the same initial investments,

they may not be equally attractive. There are other factors to consider in evaluating the attractiveness of projects, such as the profitability, cash flows over the project's lifespan, and the desired rate of return.

While the risk level, payback period, and initial investment are important considerations, they do not provide a complete picture of the project's attractiveness.

Profitability is a crucial factor, as it determines the return on investment and the potential for generating future cash flows. Projects with higher profitability would generally be more attractive than those with lower profitability, even if they have the same risk and payback period.

Additionally, the timing and magnitude of cash flows can vary between projects. Projects that generate a higher and more consistent cash flow stream over the project's lifespan may be more attractive,

as they provide better returns and potential for reinvestment. The time value of money is also a key consideration, as cash flows in the future are typically worth less than cash flows in the present.

To know more about investments click here

brainly.com/question/15353704

#SPJ11

The correct option is D. Create a grapevine where one does not exist.

Communication among employees at social gatherings tends to create a grapevine where one does not exist, whether the gatherings are sponsored by the employer or not. The grapevine is a form of informal communication system in an organization that is often gossipy and unreliable. It is usually based on rumors, hearsay, and informal conversations among employees. It can transmit information quickly, but it can also create misunderstandings and false beliefs.The grapevine is an essential part of organizational communication. It provides a means for employees to exchange information and ideas outside of formal communication channels. The grapevine can help employees stay informed about important issues in the organization and can also provide social support. However, it can also spread misinformation and rumors that can be harmful to the organization.Communication among employees at social gatherings can create a grapevine where one does not exist because employees are more relaxed and open outside of work. They may share information and opinions that they would not share in a formal setting. This can lead to the spread of rumors and other forms of gossip that can be damaging to the organization.

To know more about employees  visit:

https://brainly.com/question/18633637

#SPJ11

The company's contribution margin (CM) ratio is 0.3 or 30%.

To calculate the company's contribution margin (CM) ratio, we need to first calculate the contribution margin. The contribution margin is the difference between total sales and total variable expenses.

In this case:

Total sales = $160,000

Total variable expenses = $112,000

Contribution Margin (CM) = Total Sales - Total Variable Expenses

CM = $160,000 - $112,000

CM = $48,000

The contribution margin ratio is the contribution margin divided by total sales:

CM Ratio = CM / Total Sales

CM Ratio = $48,000 / $160,000

To simplify the ratio, we can divide both the numerator and denominator by 1,000:

CM Ratio = 48 / 160

CM Ratio = 0.3

Learn more about contribution margin here:

https://brainly.com/question/30459935

#SPJ11

In the PERT chart, the following data used the formula i.e., Total Slack = LF-EF or LS-ES.

An effective project management tool for planning, coordinating, and scheduling work within a project is a PERT chart, often known as a PERT diagram.

Project managers can analyze each individual job in the project by using the graphical depiction of the project's chronology that is provided.

The calculation for TE(Early Start and Early Finish) and TL(Late Start and Late Finish) is:

Expected time = (O + 4×R + P) / 6

Therefore, the formula is used to calculate the PERT chart as follows:

Early Start (ES) = Maximum (or Highest) EF value from immediate Predecessor(s)

Early Finish (EF) = ES + Duration

Late Start (LS) = LF – Duration

Late Finish (LF) = Minimum (or Lowest) LS value from immediate Successor(s)

Total Slack = LF-EF or LS-ES

The following calculation is shown in the figure.

To know more about the PERT chart, visit:

https://brainly.com/question/31760663

#SPJ4

The annual equal payments required to repay the loan of BD 820,000 over the next seven years at a 5% interest rate is approximately BD 68,884.62.

To calculate the equal payments for repaying the loan of BD 820,000 over seven years at an interest rate of 5% per year, we can use the present value annuity factor formula. The present value annuity factor can be calculated using the following formula:

Present Value Annuity Factor = (1 - (1 + r)^(-n)) / r

where r is the interest rate per period and n is the number of periods.

In this case, r = 5% = 0.05 and n = 7. Plugging these values into the formula, we have:

Present Value Annuity Factor = (1 - (1 + 0.05)^(-7)) / 0.05

= (1 - 1.402551) / 0.05

= 0.5954902 / 0.05

= 11.909804

To calculate the equal payments, we divide the loan amount by the present value annuity factor:

Payment = BD 820,000 / 11.909804

≈ BD 68,884.62

Therefore, the equal payments that need to be made over the next seven years to repay the loan of BD 820,000 at an interest rate of 5% per year is approximately BD 68,884.62 per year.

""

4. an organization has a loaned BD 820,000 to buy the needed machines. The loan holds an interest rate of 5% per year and is to be returned in equal payments over the next seven years. Calculate the equal payments that need to be made over the next seven years to repay the loan of BD 820,000 at an interest rate of 5% per year.

""

You can learn more about annual equal payments at

https://brainly.com/question/30526017

#SPJ11

Accounts Payable: $18,900; Accounts Receivable: $29,780; Accruals: $13,390.

The accounts listed in the Smyth Company Balance Sheet for the year ending December 31, 2021 include Accounts Payable of $18,900, Accounts Receivable of $29,780, and Accruals of $13,390.

Accounts Payable represents the outstanding amount owed by the company to its suppliers or creditors for goods or services received but not yet paid for.

Accounts Receivable, on the other hand, represents the amount owed to the company by its customers for goods or services provided on credit.

Lastly, Accruals refer to expenses that have been incurred but not yet paid for or recorded, typically related to services received or goods consumed.

These accounts provide insight into the company's short-term liabilities (Accounts Payable) and short-term assets (Accounts Receivable), while Accruals help capture the company's current financial obligations that have yet to be settled.

Learn more about Accounts Receivable

brainly.com/question/32156363

#SPJ11

Accounting Rate of Return (ARR) is a capital budgeting metric that is used to determine the profitability of a project. Project A's accounting rate of return is 22.86%

To calculate Project A's accounting rate of return, we can use the following formula:

ARR = (Average Annual Income / Initial Investment) × 100

Where: Average Annual Income = (Total Income - Salvage Value) / Number of Years

Total Income = Net Cash Flow × Number of Years

Let's now calculate the accounting rate of return for Project A using the given data.

Initial Investment (I) = $280,000

Salvage Value (S) = $30,000

Net Cash Flow (NCF) = $70,000

Number of Years (n) = 5

Total Income = Net Cash Flow × Number of Years

= $70,000 × 5

= $350,000

Average Annual Income = (Total Income - Salvage Value) / Number of Years

= ($350,000 - $30,000) / 5

= $64,000

Now, let's substitute these values into the ARR formula

ARR = (Average Annual Income / Initial Investment) × 100

= ($64,000 / $280,000) × 100

= 22.86%

Therefore, Project A's accounting rate of return is 22.86%.

To know more about ARR visit :

brainly.com/question/31851841

#SPJ11