The following statements are financial transactions completed by Carver Industries. Identify which financial statement accounts are affected by the transactions.
1. Carver owes one of Its suppliers $120,000 on account for past purchases. Carver sent this supplier $50,000 to pay down the account.
2. Carver has $200,000 of long-term bonds outstanding that pay investors 8% annual interest at the end of the year. Carver has Just made this payment to bond investors.
3. Carver paid $1,500 to the utility company to cover this month's electric bill.
4. Carver issued new long-term bonds at their par value of $300,000 to fund a new Investment project.
5. Carver closed a large sale to a major customer for $200,000, though the Inventory was only valued at $140,000 on the company's balance sheet. The customer paid $70,000 upfront and has agreed to pay the rest of the bill in the next month.

Answers

Answer 1

Answer: See explanation

Explanation:

1. Carver owes one of Its suppliers $120,000 on account for past purchases. Carver sent this supplier $50,000 to pay down the account.

In this case, the account payable will have to be reduced by $50000.

Cash will also decrease by $50000.

2. Carver has $200,000 of long-term bonds outstanding that pay investors 8% annual interest at the end of the year. Carver has Just made this payment to bond investors.

In this case, the interest expnese will increase by := 8% × 200,000

= 0.2 × $200,000

= $16000

Also, the cash will as well decrease by $16000.

3. Carver paid $1,500 to the utility company to cover this month's electric bill.

The operating expenses will have to increase by $1500 while cash will decrease by $1500.

4. Carver issued new long-term bonds at their par value of $300,000 to fund a new Investment project.

There'll be an increase of $300,000 in the long term liabilities. Cash will also increase by $300,000

5. Carver closed a large sale to a major customer for $200,000, though the Inventory was only valued at $140,000 on the company's balance sheet. The customer paid $70,000 upfront and has agreed to pay the rest of the bill in the next month.

In this case, there'll be an increase in the sales revenue by $200000.

Increase in cash by $70000

Increase in the account receivable by $130000

Decrease in the inventory by $140000

Increase in the cost of goods that are sold by $140000.


Related Questions

All of the following pairs of goods are substitutes except A. we observe the price of automobiles decreases and the demand for public transit decreases. B. we observe the price of bacon increases and the demand for eggs decreases. C. we observe the price of coffee increases and the demand for tea increases. D. we observe the price of tennis racquets decreases and the demand for golf clubs decreases.

Answers

Answer:

Option B: We observe the price of bacon increases and the demand for eggs decreases.

Explanation:

Substitute goods are a defined as goods that has near or a close replacement for each another that is the increase in price leads to an increase in demand for the goods. In substitute goods, price of one good and the quantity demanded of a related goods move in different (opposite) directions. Thus the answer of bacon and egg are as two goods are not substitutes.

A Common example of Substitute Goods includes; margarine and butter, turkey and chicken e. t. c.

In March, Stinson Company completes Jobs 10 and 11. Job 10 cost $20,000 and Job 11 $30,000. On March 31, Job 10 is sold to the customer for $35,000 in cash.Journalize the entries for the completion of the two jobs and the sale of Job 10.Date Account Titles and Explanation Debit CreditMar. 31 31 31

Answers

Answer:

Mar. 31

Dr Finished goods inventory $50,000

(20,000+30,00)

Cr Work in process inventory $50,000

31 Dr Cash $35,000

Cr Sales revenue $35,000

31 Dr Cost of goods sold $30,000

Cr Finished goods inventory $30,000

Explanation:

Preparation of the journal entries for the completion of the two jobs and the sale of Job 10

Mar. 31

Dr Finished goods inventory $50,000

(20,000+30,00)

Cr Work in process inventory $50,000

(Being To record the completion of the two jobs)

31 Dr Cash $35,000

Cr Sales revenue $35,000

(Being To record the sale job 10)

31 Dr Cost of goods sold $30,000

Cr Finished goods inventory $30,000

(Being To record the cost of the job sold)

Beachballs, Inc., expects abnormally high earnings for the next three years due to the forecast of unusually hot summers. After the 3-year period, their growth will level off to its normal rate of 6%. Dividends and earnings are expected to grow at 20% for years 1 and 2 and 15% in year 3. The last dividend paid was $1.00. If an investor requires a 10% return on Beachballs, the price she is willing to pay for the stock is closest to:

Answers

Answer: $36.50

Explanation:

The price she will be willing to be paid according to the Dividend Discount model is calculated by finding the present value of the future dividends and the terminal value.

Dividend year 1 = 1 * (1 + 20%) = $1.20

Dividend year 2 = 1.20 * (1 + 20%) = $1.44

Dividend year 3 = 1.44 * (1 + 15%) = $1.656

Terminal value = Dividend in year 4 / (required return - growth rate)

= (1.656 * (1 + 6%)) / ( 10% - 6%)

= $43.884

[tex]Price = \frac{1.2}{(1 + 0.10)} + \frac{1.44}{(1 + 0.10)^{2} } + \frac{1.656}{(1 + 0.10)^{3} } + \frac{43.884}{(1 + 0.10)^{3} }\\\\= 36.4959\\\\= 36.50[/tex]

= $36.50

The dean of a school of business is forecasting total student enrollment for this year's summer session classes based on the following historical data: Year Enrollment Four years ago 2000 Three years ago 2200 Two years ago 2800 Last year 3000 What is this year's forecast using the least squares trend line for these data

Answers

Answer:

I used an Excel spreadsheet to calculate R² which gives us the least squares trend. See attached image.

y = 360x + 1600

R² = 0,9529

next year's enrollment should be = (360 x 5) + 1600 = 3400

Jane James owns an appliance store. She normally receives $50,000 worth of appliances per month. She does not like to owe people money and always pays her bills on the day she receives the invoice. Someone told her that if she delayed payment, she could actually increase her profit because the money would be earning interest in her account. She went through her bills and found that she actually had an additional ten days, on average to pay her invoices. She also found that she was earning 5 percent interest on the money she had in her money market savings account. If she delayed payment by ten days, how much additional interest would she earn for the year

Answers

Answer:

The correct answer is "$820".

Explanation:

Whenever she delays compensation by 10 days a month (even though she receives monthly invoices), she will indeed earn interest for something like a combined amount of 120 days (10 days x 12 months) again for full year of 365 days.

The interest earned will be:

⇒ [tex]50000\times 5 \ percent\times \frac{120}{365}[/tex]

⇒ [tex]50000\times 0.05\times 0.328[/tex]

⇒ [tex]820[/tex] ($)

A company upgraded production machinery to collect data about the fit tolerance for assembled parts of each unit produced along with environmental data such as machine temperature, parts temperature, ambient air temperature, humidity, and atmospheric pressure. Before the upgrade, only fit tolerance data was collected. The upgrade represents an increase in

Answers

Answer: Data variety

Explanation:

Based on the information provided in the question, the answer is Data Variety. Data variety has to do with the diversity of data with regards to its collection.

This can be seen from the question where we are told that only the data for fit tolerance was collected before the upgrade but the upgrade led to the collection of environmental data as well.

Therefore, the upgrade represents an increase in data variety

When the company collected only the fit tolerance data for the upgrade, the upgrade represents an increase in Data variety

The Data variety refers to the diversity of available data during data collection.

The variety of data may either be structured, unstructured and semistructured that are gathered from different sources.

Here, only the fit tolerance data was collected from the production machinery and used to decide an upgrade on the machine.

Therefore, the Data Variety is correct because its best relates to the increase in machine upgrade.

The missing options Includes "data variety, data velocity, data veracity, data validity"

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A water resources engineer is trying to run a cost-benefit analysis for a project. They need to first decide on the planning period (the benefits should be calculated over N years, and N should be determined). If N is too large, then the future benefits in those years (e.g. 70 years from now) will have a very low present value. Therefore, the engineer would like to cut off the planning period after a point when the present equivalent of benefits becomes less than 6.25% of that future benefit. If the interest rate is 8%, use the rule of 72 to determine the duration of the planning period (N).

Answers

Answer:

N = 36 years

Explanation:

Solution:

According to the 72 rule, present sum doubles in value, if the product of interest rate in percent and number of compounding period is 72.

So, We can say for every 9 years at 8 percent = 72 = present sum will be doubled.

Similarly, it will be doubled at 18 years., then 27 years, then 36 years and so on.

SO,

We need to find the P/F ratio, for the end of 0 years first.

Formula = (P/F, i, n) = [tex](1 + i)^{-n}[/tex]

here,

i = 8%

n = 0 years.

P/F =  [tex](1 + 0.08)^{-0}[/tex] (Anything power zero = 1)

So, similarly, calculate this P/F ratio for every 9 years till present equivalent of benefits becomes less than 6.25% of that future benefit.

find the P/F ratio, for the end of 9 years:

Formula = (P/F, i, n) = [tex](1 + i)^{-n}[/tex]

here,

i = 8%

n = 9 years.

P/F =  [tex](1 + 0.08)^{-9}[/tex]

P/F =   0.50

Amount = 2x

find the P/F ratio, for the end of 18 years:

Formula = (P/F, i, n) = [tex](1 + i)^{-n}[/tex]

here,

i = 8%

n = 18 years.

P/F =  [tex](1 + 0.08)^{-18}[/tex]

P/F =   0.25

Amount = 4x

find the P/F ratio, for the end of 27 years:

Formula = (P/F, i, n) = [tex](1 + i)^{-n}[/tex]

here,

i = 8%

n = 27 years.

P/F =  [tex](1 + 0.08)^{-27}[/tex]

P/F =   0.13

Amount = 8x

find the P/F ratio, for the end of 36 years:

Formula = (P/F, i, n) = [tex](1 + i)^{-n}[/tex]

here,

i = 8%

n = 36 years.

P/F =  [tex](1 + 0.08)^{-36}[/tex]

P/F =   0.06 = P/F ratio percentage = 6%

Amount = 16x

Hence, N = 36 years because it is the value nearest to 6.25% required

find the P/F ratio, for the end of 45 years:

Formula = (P/F, i, n) = [tex](1 + i)^{-n}[/tex]

here,

i = 8%

n = 45 years.

P/F =  [tex](1 + 0.08)^{-45}[/tex]

P/F =   0.03

Amount = 32x

Universal Containers is rolling out a new customer service process. Customer service managers will need to edit cases for their subordinates, but not cases for other groups. Managers and users should be able to view all cases. What is the recommended solution to configure this

Answers

Answer:

I. Create standard role hierarchies.

II. Set organization-wide sharing defaults to public read/only.

Explanation:

Workflow management systems can be defined as a strategic software application or program designed to avail companies the infrastructure to setup, define, create and manage the performance or execution of series of sequential tasks, as well as respond to workflow participants. Some examples of workflow management systems used around the world; YAWL, Windows Workflow Foundation, Apache ODE, Collective Knowledge, Workflow Gen, PRPC, Salesforce.com, jBPM, Bonita BPM etc.

In this scenario, Universal Containers is rolling out a new customer service process. Customer service managers will need to edit cases for their subordinates, but not cases for other groups. Managers and users should be able to view all cases. Therefore, the recommended solution to configure this are;

I. Create standard role hierarchies: this is to represent the various end users such as managers and their subordinates.

II. Set organization-wide sharing defaults to public read/only: this settings or feature would make it impossible for any user outside of the group (owner) to edit the cases. They will only be able to view but not modify.

Bunker makes two types of briefcase, fabric and leather. The company is currently using a traditional costing system with labor hours as the cost driver but is considering switching to an activity-based costing system. In preparation for the possible switch, Bunker has identified two activity cost pools: materials handling and setup. Pertinent data follow: Fabric Case Leather Case Number of labor hours 15,000 9,000 Number of material moves 440 660 Number of setups 40 80 Total estimated overhead costs are $150,000, of which $110,000 is assigned to the materials handling cost pool and $40,000 is assigned to the setup cost pool.

Answers

Answer:

$93,750

Explanation:

Required: "Calculate the overhead assigned to the fabric case using the traditional costing system based on direct labor hours."

Total estimated overhead costs (A) = 150,000

Total labor hours (B) = 15,000 + 9,000 = 24,000

Overhead allocation rate (C) = A/B = 150,000/24,000

Overhead allocation rate (C) = $6.25 Per labor hour

Total labor hours used by Fabric case (D) = 15,000 Hours

Overhead assigned to the fabric case (C*D) = $6.25 Per labor hour * 15,000 Hours = $93,750

Sound Audio manufactures and sells audio equipment for automobiles. Engineers notified management in December 2018 of a circuit flaw in an amplifier that poses a potential fire hazard. An intense investigation indicated that a product recall is virtually certain, estimated to cost the company $7.5 million. The fiscal year ends on December 31. Required: 1. Should this loss contingency be accrued

Answers

Answer and Explanation:

According to the given situation, the contingent liability should be probable and estimated so the cost of the warranty i.e. loss contingency would be accrued and the same would be recorded and reported depend upon the predicted amounts

hence, the same would be considered and relevant too

What is the value of a building that is expected to generate fixed annual cash flows of $13,800 every year for a certain amount of time if the first annual cash flow is expected in 3 years from today and the last annual cash flow is expected in 8 years from today and the appropriate discount rate is 6.8 percent

Answers

Answer:

the present value is $58,026

Explanation:

The computation of the value of the building is shown below

Present value = Cash flows × Present value of discounting factor( interest rate%,time period)

= $13,800 ÷ 1.068^3 + $13,800 ÷ 1.068^4 + $13,800 ÷ 1.068^5 + $13,800 ÷ 1.068^6 + $13,800 ÷ 1.068^7 + $13,800 ÷ 1.068^8

= $58,026

Hence, the present value is $58,026

The classic supply chain approach has been based on
forecasting which of the following parts of future
inventory using statistical trending?
Transfer
Demand
olololo
Lifecycle
Safety stock

Answers

Answer:

Demand

Explanation:

The classic supply chain approach statistics refers to data regarding past suppliers or sales through the distribution channels. A business can use this information to analyze sales trends. Once the sale trends are determined, future demand for products can be estimated. The business uses historical data from its supply chain to predict future sales and demand.

8. Effective Yield. A US investor obtain British pounds when the pound is worth $1.50 and invest in a one year-money market security that provides a yield of 5 percent (in pounds). At the end f one year, the investor converts the proceeds from investment to dollars at the prevailing spot rate of $1.52 per pound. Calculate the effective yield.

Answers

Answer:

6.4%

Explanation:

money invest = $1.50 or 1£

interest earned = 1£ x 5% = 0.05£

total returns = 1.05£

now we convert them back to dollars = 1.05£ x $1.52/£ = $1.596

effective yield = (total return - initial investment) / initial investment = ($1.596 - $1.50) / $1.50 = 6.4%

Columbia Sportswear makes nylon activewear. Its marketing manager set a goal to increase sales 12 percent over the next three years through the introduction of a new line of comfortable, lightweight clothing for people who fish. The marketing manager is engaged in ________.

Answers

Answer:

a) functional planning

Explanation:

The functional planning is the planning that need to be done for each type of department so that the goals and the objectives of the company could be accomplish in a efficient and effective manner

Since in the question it is mentioned that the marketing manager have set a goal to rise the sales by 12% over the next three years so this represent that the manager is engaged in the functional planning

During 2020, Mike's current FICA taxable is $2,700 and will not change for the remainder of the year. As of the 48th pay, he had earned $134,400 as FICA taxable income (he had a bonus earlier in the year). Determine the amount of FICA taxes to be withheld from the next three payroll periods.

Answers

Answer:

Social Security:

Week 49 = $167.4

Week 50 = $37.20

Week 51 = $0

Medicare Tax:

Week 49 = $39.15

Week 50 = $39.15

Week 51 = $39.15

Explanation:

Note: This question is not complete. But I have found similar question on the internet and in that question we are asked to assume the Tax Caps 2020. So, we will solving this question accordingly.

Solution:

According to 2020 slabs Social Security W/H, the upper limit is $137,700, after this amount employer will not withhold social security tax.

On the other hand, there is no limit for Medicare Tax.

According to the question, we know that, Mike's Pay period per amount = $2700.

And, until 48th pay, he has earned $134,400

So,

For week 49, the amount of 2700 will be added to the net amount.

$134,400 + $2700 = $ 137,100

Hence, it does not breach the upper limit so, it will be taxed to $2700 only.

%6.2 x 2700 = $167.4

For Week 50, now the net amount is $ 137,100, and further $2700 will definitely breach the upper limit by $600.

$ 137,700 - $137,100 = $600

So, the $600 will be taxed for 6.2%

6.2% x $600 = $37.20

For week 51, there is clear breach of the upper limit, so according to the 2020 slab for social security, there will be no social security tax over the limit of $137,700. Hence, it will be 0.

Now, for Medicare Tax:

There is no limit.

And 1.45% on the FICA.

FICA earned per period = $2700

Hence,

1.45% x $2700  = $39.15 for each week.

So,

Social Security:

Week 49 = $167.4

Week 50 = $37.20

Week 51 = $0

Medicare Tax:

Week 49 = $39.15

Week 50 = $39.15

Week 51 = $39.15

Which of the following activities is an example of using an intranet to gather
information?
A. A salesperson checks a customer's order status, posted by the
production department.
B. A marketing researcher reads the comments posted by
consumers on a social media website.
C. A marketing manager uses a news feed to get links to articles
about industry-related events each day.
D. A marketing manager looks up information about where a
retailer's stores are located on the retailer's website.
SUBMIT

Answers

Answer:

A. A salesperson checks a customer's order status, posted by the production department.

Explanation:

In the A answer it is an order status posted by the production department but does not state any external sources or websites. So you have to assume the action is done within the company network or "Intranet"

In the examples B through D there are references made to external sources like: social media website, news feed, and a retailer's website.

A salesperson checks a customer's order status, posted by the production department is an example of using an intranet to gather information.

What do you mean by salesperson?

Simply said, a sales representative promotes a company's brand while selling their goods or services. From the initial lead outreach until the actual purchase, they manage client connections and function as the primary point of contact.

It is the perfect career if you want to be in control of your career because it is mostly performance-driven, meaning how well you sell directly effects how much money you earn.

One of the various careers you might apply for with a business degree is a sales representative position. Everything you need to know about this career path is outlined here.

All stages of the sales process involve a sales representative having direct consumer interactions. They are in charge of determining a customer's needs, making suitable product or service recommendations, and making sure they have a great experience from beginning to end.

Sales representatives occasionally make cold calls to leads they find in company directories or through customer recommendations.

Learn more about salesperson, here

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The Canon Corporation sells ten copiers to the Title Company on October 15 for $40,000. Canon delivers the copiers to Title on October 20 and Title pays $16,000, agreeing to pay the balance on November 10. Under the cash basis, how much revenue should Canon recognize in October

Answers

Answer:

$16,000

Explanation:

Under the cash basis, the revenue is recognized when the cash is received and the expenses is recognized when the cash is paid

So according to the question since the $16,000 is paid so the revenue that should be recognized in the October month is $16,000

Therefore the same would be considered

One of the keys to successful production planning is resource management. _____ is a system that would note how a possible strike in an Evanston, Indiana, plant will threaten supplies of a needed component part as well as how customer growing preference for time-saving devices such as the company markets and use this information in production planning.
a) Enterprise resource planning (ERP)
b) Manufacturing resource planning II (MRPII)
c) The PERT chart
d) Manufacturing resource planning (MRP)
e) Computer-aided resource planning (CARP)

Answers

Answer:

a) Enterprise resource planning (ERP)

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Make-or-Buy Decision
Fremont Computer Company has been purchasing carrying cases for its portable computers at a purchase price of $40 per unit. The company, which is currently operating below full capacity, charges factory overhead to production at the rate of 25% of direct labor cost. The unit costs to produce comparable carrying cases are expected to be as follows:
Direct materials $16
Direct labor 20
Factory overhead (25% of direct labor) 5
Total cost per unit $41
If Fremont Computer Company manufactures the carrying cases, fixed factory overhead costs will not increase and variable factory overhead costs associated with the cases are expected to be 5% of the direct labor costs.
a. Prepare a differential analysis dated September 30 to determine whether the company should make (Alternative 1) or buy (Alternative 2) the carrying case. If an amount is zero, enter "0". If required, round your answers to two decimal places. Use a minus sign to indicate a loss.
Differential Analysis
Make Carrying Case (Alt. 1) or Buy Carrying Case (Alt. 2)
September 30
Make Carrying Case (Alternative 1) Buy Carrying Case (Alternative 2) Differential Effect on Income (Alternative 2)
Sales price $ $ $
Unit costs:
Purchase price
Direct materials
Direct labor
Variable factory overhead
Fixed factory overhead
Income (loss) $ $ $
b. Assuming there were no better alternative uses for the spare capacity, it would (Be advisable, Not be advisable) to manufacture the carrying cases. Fixed factory overhead is(Relevant, Irrelevant) to this decision.

Answers

Answer:

A. Make carrying case(Alternative 1) $41.00

Buy carrying case (Alternative 2)$44.00

Differential effect on net income (Alternative 2)($3.00)

B. Assuming there were no better alternative uses for the spare capacity, it would BE ADVISABLE to manufacture the CARRYING CASES. Fixed overhead is IRRELEVANT to this decision.

Explanation:

A. Preparation of a Differential Analysis

DIFFERENTIAL ANALYSIS

Make carrying case Buy carrying case

(Alternative 1) (Alternative 2)

Alternative 1 Alternative 2 Differential effect on net income (Alternative 2)

Sales price

$0.00 $0.00 $0.00

Purchase Price

$0.00 $40.00 ($40.00)

Direct materials

$16.00 $0.00 $16.00

Direct labor

$20.00 $0.00 $20.00

Variable manufacture overhead (20*5%=$1.00)

$1.00 $0.00 $1.00

Fixed manufacture overhead($5.00-$1.00) $4.00 $4.00 $0.00

Income(Loss)

$41.00 $44.00 ($3.00)

Based on the above calculation Alternative 1 which is carrying case should be Choose by the Company .

B. Therefore Assuming there were no better alternative uses for the spare capacity, it would BE ADVISABLE to manufacture the CARRYING CASES. Fixed overhead is IRRELEVANT to this decision.

There are a number of statistics computed to measure the price level, such as the GDP deflator and the CPI. The choice of which of these measures to use depends in many cases on the specific question in which you are interested. For each of the following situations, state whether the CPI or GDP deflator is a more appropriate measure to use and explain why the statistic is preferred.

Answers

Question Completion:

a. You are interested in looking at the impact of higher prices of imported oil in the overall cost of living.

b. The government is interested in whether increases in defense spending are affecting the price level.

c. An economic consulting firm is investigating the impact on the aggregate price level of more computers and electronic technology used in production.

Answer:

The GDP Deflator and the CPI

a. The CPI is used here, as its measure is not restricted to domestically produced goods and services.

b. The GDP Deflator is more appropriate here.  Defense spending is not related to consumer goods and services but to government spending, which is a component of the GDP.

c. The GDP Deflator is more appropriate with this investigation.  Computers and electronic technology used in production relate to business Investments, which are a component of the GDP and are not part of consumer goods and services or a component of the CPI.

Explanation:

The GDP deflator is exclusively used to measure the prices of all goods and services produced domestically in an economy and is based on the nominal or real GDP.  On the other hand, the CPI (Consumer Price Index) is used to measure the weighted average prices of a basket of consumer goods and services, whether produced domestically or imported.

You've collected the following information about a company: Assets Liabilities and Equity Cash 13,000 Accounts payable 16,000 Marketable securities 2,000 Notes payable 6,000 Accounts receivable 4,000 Current liabilities Inventory 32,000 Long-term debt 95,000 Current assets Total liabilities Machines 34,000 Paid-in capital 20,000 Real estate 80,000 Retained earnings Fixed assets Equity Total assets Total liab. & equity Attempt 1/10 for 10 pts. Part 1 What are total assets? 165000 Correct ✓ Total assets are the sum of current and fixed assets. Assets Liabilities and Equity Cash 13,000 Accounts payable 16,000 Marketable securities 2,000 Notes payable 6,000 Accounts receivable 4,000 Current liabilities Inventory 32,000 Long-term debt 95,000 Current assets 51,000 Total liabilities Machines 34,000 Paid-in capital 20,000 Real estate 80,000 Retained earnings Fixed assets 114,000 Equity Total assets 165,000 Total liab. & equity Total assets = Current assets + Fixed assets = 51,000 + 114,000 = 165,000

Answers

Answer:

The answer is "$228,000"

Explanation:

Formula:

[tex]\text{Total Assets = Current Assets + Fixed Assets}[/tex]

                    [tex]= [\$ 13,000 + \$ 2,000 + \$ 4,000 + \$ 95,000] + [\$ 34,000 + \$ 80,000]\\\\= [\$ 114,000] + [\$ 114,000]\\\\= \$ 228,000[/tex]

What was the opportunity cost in a situation in which you use your available cash to buy gas for your car and then stay hungry the rest of the way home?

Answers

Answer:

see below

Explanation:

Opportunity cost is the sacrificed benefit by choosing a preferred option over others. The value of opportunity cost is the foregone benefit from the best alternative.

In this situation, the person had to choose between buying gas for the car or using that money to purchase food. Since the person opted to buy gas, they sacrificed having a meal for the rest of the day.  The pleasure derived from eating is the opportunity cost for this person.  

The new CFO thinks that inventories are excessive and could be lowered sufficiently to cause the current ratio to equal the industry average, 2.85, without affecting either sales or net income. Assuming that inventories are sold off and not replaced to get the current ratio to the target level, and that the funds generated are used to buy back common stock at book value, by how much would the ROE change

Answers

Answer:

4.50%

Explanation:

Note: Question is incomplete but very similar one is attached as picture below

Current ROE = Net Income / Equity = $21,000 / $280,000 = 7.50%

Current Inventory = $210,000

Target Current ratio = 2.70

1. Current assets at target Current ratio = Current Liabilities * Target current ratio = $70000 * 2.70 = $189,000

2. Reduction in Inventories = Present Current assets - Current assets under target current ratio

Reduction in Inventories = $14000 + $70000 + $210000 - $189000

Reduction in Inventories = $105000

3. Reduction on common equity using sale of inventory = Current Equity - reduction

Reduction on common equity using sale of inventory = $280,000 - $105,000

Reduction on common equity using sale of inventory = $175,000

4. Change in ROE = New ROE - Current ROE

Change in ROE = [21000 / 175000] - 7.50%

Change in ROE = 12% - 7.50%

Change in ROE = 4.50%

International monetary analysis focuses on Group of answer choices the international trade side of the international economy. the real side of the international economy. the issues of international cooperation between Central Banks. the monetary side of the international economy, such as currency exchange. the international investment side of the international economy.

Answers

Answer:

the monetary side of the international economy, such as currency exchange.

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

An exchange rate can be defined as a number used to represent the value of one country's currency in comparison to another.

International monetary analysis focuses on the monetary side of the international economy, such as currency exchange.

Navistar Electric issued 1000 debenture bonds 2 years ago with a face value of $5,000 each and a bond interest rate of 15% per year payable semiannually. The bonds have a maturity date of 20 years from the date they were issued. If the interest rate in the market place is 10% per year compounded semiannually, determine the present worth today of one bond.

Answers

Answer:

$7,081.25

Explanation:

Face value = 5000

Coupon = 15% paid annually. Semi annual payment = 750/2 = 375

Time to maturity = 18 years

Interest rate = 10% compounded semi-annually

P = 375(P|A, 5%, 36) + 5000(P|F, 5%, 36)

P = 375(16.58131488) + 5000(0.17265193)

P = 6217.99308 + 863.25965

P = 7081.25273

P = $7,081.25

So, the present worth of one bond today is  $7,081.25

A downside of social media is that:

Answers

Answer:

People tend to talk to other people they don't know, which could cause serious problems

Explanation:

Answer:

That there are big hacker that can steal your info and also that people can know everything about you in just one video or on picture. It just pure scary

Explanation:

Your Welcome (; (:

the federal government has Group of answer choices separate capital and operating budgets only a capital budget an operating budget only a single budget that includes both operating expenses and capital spending

Answers

Answer:

A single budget that includes both operating expenses and capital spending.

Explanation:

A budget can be defined as a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year. Budgets are usually compiled, analyzed and re-evaluated on periodic basis.

In the preparation of a budget, a list of each type of income and expense with respect to the budget is generally considered to be the first step. Also, the final step is making necessary adjustments to the budget by the top executive.

The federal government has a single budget that includes both operating expenses and capital spending on a cash basis.

Additionally, the benefits of having a budget is that it aids in setting goals, earmarking revenues and resources, measuring outcomes and planning against contingencies.

n the context of competing in the global economy, globalization suggests that: a. an organization's nationality is held strongly in consciousness. b. the world's cultural diversity is of no significance to transnational organizations. c. the world is divided by borders and diverse cultures. d. the world is free from national boundaries and is borderless

Answers

Answer:

d. the world is free from national boundaries and is borderless

Explanation:

Globalisation is defined as the increase in connectivity between different nations as a result of increased volume of trade and culture exchange that occurs between the nations.

Such increase in inter connectivity leads to a global economy where national borders do not seem to exist.

Globalisation reduces the cumbersome process of having to pay various charges when transacting between countires

11. King Arthur is going into battle and he needs to decide how many more swords and helmets he should buy. The tables show the total benefit for swords and helmets. Assume each sword costs two dollars and each helmet costs one dollar. If King Arthur only has $10, how many swords and helmets should he buy to maximize his total benefit

Answers

Can show the tables?

The systems theory Multiple Choice emphasizes that an organization is one system in a series of subsystems. implements a piecerate system in which workers are paid additional wages when they exceed a standard level of output for each job. enforces a system that suggests that frontline supervisors should receive a bonus for each of their workers who completed their assigned daily tasks. develops a system to lower costs and increase worker productivity by showing how employees could work smarter, not harder. suggests that organizations are effective when they have the social system and the technical system to make products and services that are valued by customers.

Answers

Answer:

The systems theory:

emphasizes that an organization is one system in a series of subsystems.

Explanation:

A systems theory approach is a theoretical perspective that focuses on the interactions and relationships between parts of a whole.  The theory helps to understand how an entity is organized, functions, and produces outcomes, which impact its growth.  It also explains how rules and regulations are applied to govern an organization towards the achievement of its goals.

The systems theory is emphasizing that an organization is one system in a series of subsystems. Thus, option (a) is correct.

The systems theory of organization asserts that organizations are composed of many subsystems that are not necessarily related to one another but work together to form the whole.

The systems approach to management looks at a business as a series of systems and subsystems that interact with one another to create the overall organizational system.

In the systems approach to management, employees are more focused on achieving a collective goal for an organization rather than operational output.

Therefore, option (a) is correct

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Your question is incomplete, but most probably the full question was.

The systems theory:

Multiple Choice

A. Emphasizes that an organization is one system in a series of subsystems.

B. Implements a piece rate system in which workers are paid additional wages when they exceed a standard level of output for each job.

C. Enforces a system that suggests that frontline supervisors should receive a bonus for each of their workers who completed their assigned daily tasks.

D. Develops a system to lower costs and increase worker productivity by showing how employees could work smarter, not harder.

E. Suggests that organizations are effective when they have the social system and the technical system to make products and services that are valued by customers.

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