Answer: yes
Explanation: i dont understand what you said below but its yes
Answer:
$20.50 per unit
Explanation:
The minimum acceptable selling price is equal to the variable cost per unit
Variable Cost per unit =$5.00+6.00+7.00+1.00+1.50 =$20.50
So the Minimum Selling Price shall be $20.50 per unit
Financial managers: Question 5 options: 1) play such an important organizational role that they often are called operations managers 2) focus on profit maximization 3) are not typically involved in long-term strategic planning 4) are simply a type of bookkeeper 5) are described by none of the above
It should be noted that financial managers play a vital role in an organization as they E. are described by none of the above.
Financial managers are responsible for the financial health of an organization. It should be noted that they produce financial reports and develop strategies that'll aid the financial growth of the company.
The three major function that's the financial manager plays include investment, dividend, and the financial decisions.
Learn more about managers on:
https://brainly.com/question/25703249
If the required reserve ratio is 10 percent, currency in circulation is $400 billion, checkable deposits are $800 billion, and excess reserves total $0.8 billion, then the money supply is ________ billion. A) $8000 B) $1200 C) $1200.8 D) $8400
Based on the information given the money supply is B) $1200.
Using this formula
Money supply=Currency in circulation+ Checkable deposits
Where:
Currency in circulation=$400
Checkable deposits=$800
Let plug in the formula
Money supply=$400+$800
Money supply=$1,200
Inconclusion the money supply is B) $1200.
Learn more about money supply here:https://brainly.com/question/3625390
A company provided the following data: sales, $510,000; beginning inventory, $41,000; ending inventory, $46,000; and gross profit, $159,000. What was the amount of inventory purchased during the year?
Answer:
23.000
Explanation:
Help help help hep help
If one’s income increases their aggregate demand Also increases as they both have direct relationship with each other.
As a general rule a recession is a decline in real GDP that lasts at least
Answer:
A recession is a significant economic downturn spread across the economy that lasts more than a few quarters. More specifically, the term is typically defined as a period when gross domestic product (GDP) declines for two consecutive quarters
explain the advantages of earthworm farming
Answer:
Worms help to increase the amount of air and water that gets into the soil. They break down organic matter, like leaves and grass into things that plants can use. When they eat, they leave behind castings that are a very valuable type of fertilizer. Earthworms are like free farm help.
Explanation:
Can you give me brainliest
Products that a seller sells in other countries are called
A. imports.
B. exports.
c. trade barriers.
D. quotas.
Answer:
im pretty sure it is A thx
Answer:
B. exports
Explanation:
It's leaving the country that the seller resides in.
Bebe Co is a small company that manufactures and sells high-quality.blouses. Its customers are mainly fashion boutiques.
Bebe Co has two directors, one of who is non-executive. The other is involved in the day-to-day administration of the company. There are ten other employees. Six of these work in the factory, one works in the warehouse, one is a sales representative and two are accounts staff. The accounts staff consist of Miss Ines, who is responsible for processing sales and receivables, and Mrs. Evie, who is the purchases and wages clerk. Mrs. Evie works part-time, five mornings a week. The company's sales representative visits shops throughout the region. He takes orders from customers which he records on a pre-numbered two-part order form. He passes the completed forms to the accounts department. Miss Ines files one copy of the order form in numerical sequence and passes the other to the warehouse.
The completed order is dispatched from the warehouse by the carrier, accompanied by one copy of a dispatch note. The other copy is sent to Miss Ines, who prepares an invoice based on the information it contains and on the company's price list. She sends one copy of the invoice to the customer, and a second copy of the invoice is retained
Each Friday, Miss Ines inputs the week's invoices to the computerized sales ledger. She then files the invoices alphabetically by customer name. Dispatch notes are not retained because filing space is limited. Miss Ines opens the post daily and lists remittances received from credit customers. Every Friday, she inputs the information listed to the sales ledger. Cheques received are banked daily by the executive director.
Miss Ines reviews the sales ledger balances every month and writes to customers who have not paid within 90 days of receiving goods. The sales ledger is printed out annually for year-end purposes. Otherwise, no hard copy is printed, and Miss Ines reviews the sales ledger on the computer screen. The company's computer package includes the facility to produce a sales day book and sales ledger control account. These are not used because Miss Ines considers that the low volume of transactions (10-15 invoices per week) makes them unnecessary.
Requirements
a) Explain the particular issues relating to controls which would affect the audit of a small company such as Knits.
b) List six control objectives of a sales system.
c) State, with reasons, what you consider to be the potential deficiencies in Ecovacs’s present system of accounting for sales and receivables.
d) List and explain the controls that a small firm such as Ecovacs could feasibly adopt to overcome the deficiencies you have identified.
It should be noted that some of the issues that relate to controls that could affect the audit of a small company include the separation of duties, documentation, etc.
Some of the problems that van lap be faced during the audit include the failure to exercise professional care and the deficiency in confirming account receivables.
The control objectives of a sales system include:
Efficiently executing customers' orders. Raising sales invoices promptly.Revising sales policy.Implementing steps for improving productivity.Increasing sales profitability.Invoicing all goods and services.It should be noted that the deficiencies in the system of accounting include the determination of the face value of the receivables and the length of time the receivable will be outstanding.
Lastly, to avoid the problem above, consideration should be given to the integrity of the firm, and the financial soundness of the company.
Learn more about audit on:
https://brainly.com/question/25259957
The hedge ratio of a call option is
A) A positive constant
B) Negative and larger than -1
C) Positive and larger than 1
D) Positive and smaller than 1
Answer:
A positive constant
Explanation:
the hedge ratio cimparez the amount of a position that is hedged to the entire position
How can a company economically benefit by Producing green products
Which of the following statements is CORRECT? Question 9 options: The AFN equation for forecasting funds requirements requires only a forecast of the firm's balance sheet. Although a forecasted income statement may help clarify the results, income statement data are not essential because funds needed relate only to the balance sheet. Dividends are paid with cash taken from the accumulated retained earnings account, hence dividend policy does not affect the AFN forecast. A negative AFN indicates that retained earnings and spontaneous liabilities are far more than sufficient to finance the additional assets needed. If the ratios of assets to sales and spontaneous liabilities to sales do not remain constant, then the AFN equation will provide more accurate forecasts than the forecasted financial statements method. Any forecast of financial requirements involves determining how much money the firm will need, and this need is determined by adding together increases in assets and spontaneous liabilities and then subtracting operating income.
AFN has negative and positive sides. The correct statement is A negative AFN indicates that retained earnings and spontaneous liabilities are far more than sufficient to finance the additional assets needed.
AFN is known as Projected increase in assets – spontaneous increase in liabilities – any increase in retained earnings.When the AFN value is negative, it means the action or project that is underwork will bring about extra income for the company, which can be invested in another place.
Additional funds needed (AFN) is known as financial term used when a business intends to widen its operations.
Learn more About AFN from
https://brainly.com/question/13203205
AN Razimah has been investing in a Unit Trust for the past 10 years. She is very happy with the performance of the fund manager that enables her to get at least 15 % return annually. Razimah has estimated that she will receive a retum of RM8000 next year, RM9000 in next 2 years, and RM10,000 in the next 3 years. What is the value of these future payments?
Answer: A fund should review its use of derivatives when it updates its registration statement annually - particularly disclosures in its shareholder??
Explanation:
Allen and Charlotte married in 2020. They filed a joint return for the year, but the IRS offset their refund because Allen owes past-due child support for his two children from a previous marriage. Charlotte is not legally responsible for the children's support, and she would like to receive her portion of their tax refund. As the couple's tax preparer, what advice would you offer?
There are different factors to consider for a tax refund. The advice I would offer Charlotte is that she should request relief as an injured spouse.
Injured spouse relief is known to be commonly filed with the married filing joint return. This claim is serve so as to help an individual get back your part of a tax refund from a joint tax return.
It often stands where the IRS has gotten hold of the refund to offset a debt owed by your spouse but not by you.
For an individual to be able to qualify for an injured spouse claim, one must meet criteria such as:
The individual is not required to pay the past-due amount The person must have reported income on the joint tax return One has made and reported payments on the joint returnSee full question below
Allen and Charlotte married in 2020. They filed a joint return for the year, but the IRS offset their refund because Allen owes past-due child support for his two children from a previous marriage. Charlotte is not legally responsible for the children's support, and she would like to receive her portion of their tax refund. As the couple's tax preparer, what advice would you offer?
Allen should request a certificate of non-attachment.
Allen and Charlotte should submit a joint offer-in-compromise.
Charlotte should request relief as an injured spouse.
Charlotte should request relief as an innocent spouse.
Learn more about Tax refund from:
https://brainly.com/question/2135349
is the value of all goods in an economy using current prices during the year that they were produced
Nominal gross domestic production is the value of all goods in an economy using current prices during the year that they were produced.
What is nominal gross domestic production?This is the value of all goods and services an economy produces, which is done evaluating the GDP at current market prices.
Here, there is no adjustment for inflation in nominal gross domestic production.
Learn more about nominal gross domestic production here: https://brainly.com/question/17198664
#SPJ1
Help help business please pelsss
Answer:
B. Negative
Explanation:
When all other things remain constant, there is an inverse relationship, or negative correlation, between price and the demand for goods and services.
Hope this helps!
1
2
3
4
5
6
7
8
10
In choosing a career, your personal resources are defined as
the amount of money you require to accept the job when first hire
b. who you are and what you have to offer an employer
your career decisions and goals
d. whether or not you have transportation to and from work
Please select the best answer from the choices provided
At the beginning of the year, The Mann Corporation, a private entity, decided to go public.
A charter of incorporation was constructed which authorized the sale of 10 million shares of $8 par value common stock, 100,000 shares of $800 par value, 8% preferred stock, and 200,000 shares of $40 no-par-value convertible preferred stock.
The following shares were sold as part of the firm's initial public offering:
* 1,000,000 shares of common stock at $80 per share.
* 100,000 shares of $800 par value, 8% preferred stock at $840 per share.
* 100,000 shares of $40 convertible, no-par preferred stock at $440 per share.
At year-end, the full dividend was declared and paid on both preferred stock offerings.
Required
Using a spreadsheet, record the financial effects of the shareholders' equity transactions for The Mann Corporation for the year.
Enter amounts in thousands (i.e., $10,000,000 = $10,000). Use a negative sign with answers to indicate a reduction in an account balance.
The Mann Corporation
Transaction (in thousands)
Common
Shares IPO
8% Preferred
IPO
No-par
Preferred IPO
8% Preferred
Dividend No-par
Preferred
Dividend Balance
Sheet
Totals
Assets
Cash $Answer $Answer $Answer $Answer $Answer $Answer
Shareholders' Equity
Common Stock Answer Answer Answer Answer Answer Answer
APIC - Common Answer Answer Answer Answer Answer Answer
$100 Preferred Stock Answer Answer Answer Answer Answer Answer
APIC-Preferred Answer Answer Answer Answer Answer Answer
$5 Conv. Preferred Answer Answer Answer Answer Answer Answer
Retained Earnings Answer Answer Answer Answer Answer Answer
Total Shareholders' Equity
The financial effects of the Mann Corporation's shareholders' equity transactions are recorded as follows:
The Mann Corporation
Transactions (in thousands)
Common 8% Preferred No-par Prefer- 8% No-par B/Sheet
Shares IPO Shares IPO red IPO Dividend Dividend Totals
Assets:
Cash $80,000 $84,000 $44,000 ($6,400) ($4,000) $197,600
Shareholders' Equity:
Common Stock $8,000 APIC- Common $72,000
8% Preferred Stock $80,000
APIC- Preferred $4,000
$40 Conv. Preferred $44,000
Retained Earnings ($10,400)
Total Shareholders' Equity $197,600
Data and Calculations:
Authorized Shares:
10 million shares, Common Stock at $8 par value
100,000 shares, 8% Preferred Stock at $800 par value
200,000 shares, Convertible Preferred Stock of $40 no-par value
Analysis of Sales of Shares:
Cash $80 million Common Stock $8 million Additional Paid-in Capital-Common Stock $72 million, 1,000,000 shares issued at $80
Cash $84 million 8% Preferred Stock $80 million Additional Paid-in Capital-8% Preferred Stock $4 million 100,000 shares issued at $840
Cash $44 million Convertible Preferred Stock $44 million
Calculation of Dividends:
8% Preferred Dividend = $6,400,000 ($80 million x 8%)
$40 Convertible Preferred Dividend = $4,000,000 (100,000 x $40)
Thus, the calculation of the dividend of the $40 non-par Convertible Preferred Stock is based on the $40 x 100,000 shares in issue because the $40 is its implied dividend rate just as the 8% is the implied dividend rate of the 8% Preferred Stock.
Learn more: https://brainly.com/question/1416151
On January 1, 2020, Holiday Inc. offered a stock option incentive plan to a top executive. The plan provided the executive 300 stock options for Holiday Inc. $1 par value, common stock at an option price of $15 per share through the expiration date of January 1, 2026. The fair value of the options based upon an option-pricing model on January 1, 2020, is $12,000. The market price at year-end of Holiday Inc. stock is $15 per share on January 1, 2020, and $18 on December 31, 2020. The requisite service period is 3 years. The options were not exercised. Which of the following are true regarding the entry on January 1, 2026?
A.
No journal entry required
B.
Paid-in Capital—Stock Options would be credited for $9000
C.
Paid-in Capital—Stock Options would be credited for $12,000
D.
Paid-in Capital—Stock Expired would be credited for $12,000
Answer: The answer is Option D, paid-in Capital—Stock Expired would be credited for $12,000.
Explanation: Option D is Right, i.e. Stock option expired would be credited for $12,000. Whenever a share option is expired then it is requiring to make a journal entry to relabel the equity as expired stock options for the balance sheet purposes. This helps managers and investors understand that they won’t be issuing stock to the employee at a discounted price in the future. For this purpose, it is requiring to make entry that debit the stock option equity account and credit the expired stock option equity account.
Help help help businesses please
Answer:
fiat
Explanation:
For this firm, the average revenue when 14 units are produced and sold is a. $15. b. $13. c. $9. d. $11.
Help help help help help help
Answer:
Pretty sure its A
Select all that apply.
Work environments can be:
indoor
outdoor
both indoor and outdoor
none of the above
Answer:
C. Both indoor and outdoor
Answer:
C
Explanation:
Molly Jasper and her sister, Caitlin Peters, got into the novelties business almost by accident. Molly, a talented sculptor, often made little figurines as gifts for friends. Occasionally, she and Caitlin would set up a booth at a crafts fair and sell a few of the figurines along with jewelry that Caitlin made. Little by little, demand for the figurines, now called Mollycaits, grew, and the sisters began to reproduce some of the favorites in resin, using molds of the originals. The day came when a buyer for a major department store offered them a contract to produce 1,480 figurines of various designs for $9,500. Molly and Caitlin realized that it was time to get down to business. To make bookkeeping simpler, Molly had priced all of the figurines at $7.69. Variable operating costs amounted to an average of $5.87 per unit. To produce the order, Molly and Caitlin would have to rent industrial facilities for a month, which would cost them $4,500
a. Calculate Mollycaits' operating breakeven point.
b. Calculate Mollycaits' EBIT on the department store order.
c. If Molly renegotiates the contract at a price of $9.51 per figurine, what will the EBIT be?
d. If the store refuses to pay more than $7.69 per unit but is willing to negotiate quantity, what quantity of figurines will result in an EBIT of $3,700?
e. At this time, Mollycaits come in 15 different varieties. Whereas the average variable cost per unit is $5.87, the actual cost varies from unit to unit.
f. What recommendation would you have for Molly and Caitlin with regard to pricing and/or the numbers and types of units that they offer for sale?
a. The computation of Mollycaits' operating break-even point is 2,473 units ($4,500/$1.82).
b. The calculation of Mollycaits' EBIT on the department store order is $812.40 ($9,500 - $8,688).
c. If department stores' price were $9.51, the EBIT will be $5,387 ($14,075 - $8,688).
Note that for (b) and (c), the fixed cost is not considered.
d. Without paying more than $7.69, the quantity that will result in an EBIT of $3,700 is 4,505 units ($4,500 + $3,700)/$1.82
e. Varieties of Mollycaits = 15 with variable cost of $5.87
f. The recommendation to Molly and Caitlin with regard to pricing and varieties to offer is that, while the company can varieties to suit the needs of customers, it must ensure that it does not price them below $5.87, its operating cost.
Data and Calculations:
Special contract:
Units of figurines offered = 1,480
Sales value of offer = $9,500
Selling price per unit = $6.42 ($9,500/1,480)
Variable operating cost = $5.87
Contribution margin per unit = $0.55 ($6.42 - $5.97)
Normal business:
Estimated average price per unit = $7.69
Variable operating cost = $5.87
Contribution margin per unit based on average price = $1.82 ($7.69 - $5.87)
Fixed cost per month = $4,500
Thus, Molly and Caitlin can offer various types of figurine, but they must sell at least 2,473 units to break-even.
Learn more about computing break-even points here: https://brainly.com/question/9212451
Amy currently volunteers at her local hospital. She would like to one day
become a doctor. What is the best type of student organization for Amy to
join?
A. One that has a focus on community service
B. One that has a focus on building marketing skills
C. One that has a focus on health care careers
O D. One that has a focus on technology careers
Answer:
C
Explanation:
C focuses on health care careers it makes the most sense if she wants to be a doctor.
The following is information concerning a product manufactured by Ames Brothers. Sales price per unit $ 79 Variable cost per unit 43 Total fixed manufacturing and operating costs (per month) 410,000 a. Determine the unit contribution margin. b. Determine the number of units that must be sold each month to break even. (Round your answer to the nearest whole number.) c. Determine the number of units that must be sold to earn an operating income of $234,000 per month. (Round your answer to the nearest whole number.
a. The determination of the unit contribution margin is $36 per unit ($79 - $43).
b. The determination of the units to be sold for the company to break-even in units is (Fixed costs/contribution margin per unit)
= 11,389 units ($410,000/$36).
c. The determination of units to sell to earn an operating income of $234,000 is (Fixed costs + Operating income)/Contribution margin per unit
= 17,889 units ($410,000 + $234,000)/$36.
Data and Calculations:
Sales price per unit = $79
Variable cost per unit = $43
Contribution margin per unit = $36 ($79 - $43)
Fixed manufacturing and operating costs per month = $410,000
Learn more about using contribution margin per unit to determine break-even point here: https://brainly.com/question/21137380 and https://brainly.com/question/15684424
In market-basket terminology, ________ describes the probability that two items will be purchased together.
Which of the following is not a type of trademark? fanciful arbitrary simple suggestive
Considering the available options, the choice that is not a type of trademark is "Simple."
What is a Trademark?Trademark is the term used to describe the word, phrase, design or symbol, or combination thereof.
Generally, the purpose of a Trademark is to create the identity for the source of the commodities such that these commodities can be easily differentiated from similar commodities.
Different types of TrademarksThere are four major categories of Trademarks which include the following:
Coined or Fanciful trademarkArbitrary trademarkSuggestive trademarkDescriptive trademarkHence, in this case, it is concluded that the correct answer is "Simple."
Learn more about Trademarks here: https://brainly.com/question/11957410
Answer:
The answer is B
Explanation:
got it right on edge 2022
provided service to srijana store and received cash Rs 5000.
Answer:
what we want to tell about ?or your question is not proper type it full and proper .
I can't understand what you want to ask ?
Q1: Torville Company's contribution margin income statement is presented below.
Sales for the current period consisted of 5,000 units. Determine the company's
break-even point in dollars.
Torville Company
Contribution Margin Income Statement
Sales
Variable costs
Contribution margin
Fixed costs
Sales : $125000
Variable cost : $90000
Contribution margin : $35000
Fixed cost : $28000
Net income: $7000
Net income
S125,000
20.000
35,000
28.000
$7.000
Based on the sales and the contribution margin, the breakeven point in dollars is $28,000
The breakeven point can be found as:
= Fixed cost / Contribution margin per unit
Breakeven point is therefore:
= 28,000 / (35,000 / 5,000 units)
= 4,000 units
This amount in dollars is:
= (4,000 x (Sales revenue - Variable cost / Number of sales))
= 4,000 x (125,000 - 90,000/ 5,000)
= $28,000
In conclusion, the breakeven point is $28,000
Find out more on breakeven point at https://brainly.com/question/9212451.
For each situation below, state whether it is an example of the income effect changing quantity demanded or an example of a change in income shifting demand.
a. The mean income in Detroit rises and people purchase more homes. _______________
b. The price of frozen pizza decreases, making frozen pizza more popular among college students. ______________
c. A recession forces many people out of work and more people purchase ramen noodles than before. ____________
d. An increase in the price of game consoles decreases sales, as fewer people can afford them. _______________
The following are examples of the the income effect changing quantity demanded :
The price of frozen pizza decreases, making frozen pizza more popular among college students.An increase in the price of game consoles decreases sales, as fewer people can afford themThe following are examples of a change in income shifting demand:
The mean income in Detroit rises and people purchase more homes.A recession forces many people out of work and more people purchase ramen noodles than before.The income effect leading to a change in quantity demanded arises when a change in the price of the good changes. Here purchasing power changes yet money income remains constant. The income effect leads to movement among the demand curve for the good.
A change in income that leads to a shift in demand occurs when there is a change in income leading to either an outward or inward shift of the demand curve.
To learn more about the income effect, please check: https://brainly.com/question/1416285