Livingston Fabrication has created the following aggregate plan for the next five months:
August September October November December
Forecasting demand (units of finished goods)
1,000,000.00 1,000,000.00 2,000,000.00 4,000,000.00 1,000,000.00
Production plan
2,000,000.00 2,000,000.00 2,000,000.00 2,000,000.00 2,000,000.00
Assume that Livingston will have nothing in inventory at the end of July. Livingston employs 500 production assembly workers and it takes one production assembly worker 3 minutes to assemble one unit of finished good. (The unit is complete at that point.) Each production assembly worker can provide 160 hours of assembly time a month without requiring overtime pay.
Livingston wants to complete this plan without working any overtime in assembly. How many additional production assembly workers does Livingston need to hire, in order to accomplish this? When should they be hired?
Using this production plan, how many units will be in inventory at the end of October?
What will the average inventory level be each month?

Answers

Answer 1

Answer:

Livingston Fabrication

1. Additional production assembly workers needed = 125

2. They should be hired July ending for August production.

3. 2,000,000 units will be in inventory at the end of October.

4. The average inventory level each month will be 1,200,000 units.

Explanation:

a) Data and Calculations:

(in thousands)              August September October November December

Beginning inventory                 0      1,000       2,000        2,000              0

Production plan                 2,000      2,000      2,000        2,000       2,000

Forecasting demand

(units of finished goods)  1,000       1,000      2,000        4,000        1,000

Ending inventory              1,000      2,000      2,000               0        1,000

Number of assembly workers employed = 500

Minutes per employee to assemble one unit of finished good = 3

Total hours that each assembly worker can provide per month = 160

Total time provided by each assembly worker in minutes = 9,600 (160*60)

Total units produced by each worker in a month = 3,200 (9,600/3) units

Total units produced by 500 workers = 1,600,000 (3,200 * 500)

Production planned units per month =  2,000,000

Units required to be produced by hiring extra workers = 400,000

Workers required to produce the extra 400,000 units = 125 (400,000/3,200)

Average inventory level each month = Total ending inventory/5

= 6,000/5

= 1,200


Related Questions

Kyoko is a hard-working college senior. One Saturday, she decides to work nonstop until she has answered 150 practice problems for her math course. She starts work at 8:00 AM and uses a table to keep track of her progress throughout the day. She notices that as she gets tired, it takes her longer to solve each problem.
Time
Total Problems Answered
8:00 AM 0
9:00 AM 60
10:00 AM 105
11:00 AM 135
Noon 150
Use the table to answer the following questions.
The marginal, or additional, benefit from Kyoko’s second hour of work, from 9:00 AM to 10:00 AM, is
45
problems.
The marginal benefit from Kyoko’s fourth hour of work, from 11:00 AM to noon, is
15
problems.
Later, the teaching assistant in Kyoko’s math course gives her some advice. “Based on past experience,” the teaching assistant says, “working on 52.5 problems raises a student’s exam score by about the same amount as reading the textbook for 1 hour.” For simplicity, assume students always cover the same number of pages during each hour they spend reading.
Given this information, in order to use her 4 hours of study time to get the best exam score possible, how many hours should she have spent working on problems, and how many should she have spent reading?

1 hour working on problems, 3 hours reading
2 hours working on problems, 2 hours reading
3 hours working on problems, 1 hour reading
4 hours working on problems, 0 hours reading

Answers

Answer:

c

Explanation:

if the market price of common stock increases substantially, bondholders with convertible bonds benefit. convertible bonds can be converted into common stock at the option of the issuing company. bondholders with convertible bonds receive interest on the bonds until conversion. convertible bonds sell at a higher price and pay a lower rate of interest than those without the conversion option.

Answers

Answer:

if the market price of common stock increases substantially,

bondholders with convertible bonds benefit.

Explanation:

A convertible bond is a fixed interest debt security.  The number of common shares into which it can be converted is predetermined at the issuance date. While the conversion can be done at certain time in the life of the bond, the decision to convert is usually at the discretion of the bondholder.  As investors, bondholders opt to convert when it would be most profitable.  This happens when the market price of the common stock increases.

Kim's Bridal Shoppe has 10,400 shares of common stock outstanding at a price of $38 per share. It also has 225 shares of preferred stock outstanding at a price of $89 per share. There are 540 bonds outstanding that have a coupon rate of 5.7 percent paid semiannually. The bonds mature in 19 years, have a face value of $1,000, and sell at 94 percent of par. What is the capital structure weight of the common stock

Answers

Answer:

42.83%

Explanation:

The computation of the weight of the common stock is shown below

= Common stock ÷ Total capital

= $395,200 ÷  $922,825

= 42.83%

Working note

For Common Stock

= 10,400 shares × $38  

= $395,200

For Preferred Stock

= 225 shares × $89

= $20,025

Bonds Outstanding

= 540 Bonds × $1,000 × 94% of par

= $507,600

Now the Total capital is

= $395,200 + $20,025 + $507,600

= $922,825

McCoy's Fish House purchases a tract of land and an existing building for $930,000. The company plans to remove the old building and construct a new restaurant on the site. In addition to the purchase price, McCoy pays closing costs, including title insurance of $2,300. The company also pays $12,600 in property taxes, which includes $8,300 of back taxes (unpaid taxes from previous years) paid by McCoy on behalf of the seller and $4,300 due for the current fiscal year after the purchase date. Shortly after closing, the company pays a contractor $46,500 to tear down the old building and remove it from the site. McCoy is able to sell salvaged materials from the old building for $3,600 and pays an additional $10,300 to level the land.

Required:
Determine the amount McCoy’s Fish House should record as the cost of the land.

Answers

Answer:

The amount McCoy’s Fish House should record as the cost of the land is $993,800.

Explanation:

The amount McCoy’s Fish House should record as the cost of the land can be determined as follows:

Total cost of the land = Purchase price + Title insurance + Property taxes which are back taxes + Cost of removing the building – Salvage value + Additional cost of leveling the land = $930,000 + $2,300 + $8,300 + $46,500 - $3,600 + $10,300 = $993,800

Therefore, the amount McCoy’s Fish House should record as the cost of the land is $993,800.

Question 9 TEME is a manufacturer of toy construction equipment. If it pays out all of its earnings as dividends, it will have earnings of 0.3 million per quarter in perpetuity. Suppose that the discount rate, expressed as an effective annual rate (EAR), is 16%. TEME pays dividends quarterly. What is the value of TEME if it continues to pay out all of its earnings as dividends

Answers

Answer:

8 million

Explanation:

I solved the question a short while ago

Module 4

Fundamentals of Finance

n any quarter the college needs to make available 8 less English sections than Math sections. In any quarter student demand for the optional Philosophy course is half as many sections as English sections. Available classrooms limit the total sections of all three courses to 48 Given these constraints how many sections of each course should the college make available each quarter to meet demand

Answers

Answer:

math =  24

English = 16

Philosophy  = 8

Explanation:

Given that the college needs to make 8 less English courses available compared to math In each quarter

Let English  = x ,   math = x + 8    ( in each quarter )

philosophy demand by student in each quarter = 1/2*x = x/2

limit of all three courses in a classroom = 48

i.e.  x + (x+ 8 ) + x/2 = 48

    = 2x + x/2 = 48 - 8

    = 2x + x/2 = 40 ∴  5x / 2 = 40

hence : x = 80 / 5 = 16

The number of sections of each course that the college should make available in each quarter to meet demand

math = x + 8 = 16 + 8 = 24

English = x  = 16

Philosophy = x/2 = 16 / 2 = 8

Answer:

Math =  24

English = 16

Philosophy  = 8

Policy is designed to shift the aggregate B) curve by the federal government changing its C) and D) policies. An E) fiscal policy would attempt to speed up the economy by shifting this curve to the F) . This would be accomplished by the government spending G) than it took received in taxes. Such a policy would result in a budgetary H) . Such a policy would be employed to get the economy out of a I) and fight the undesirable economic phenomenon of J).

Answers

Answer:

There are no options included so I will give the answers as beat I can based on economic knowledge.

FISCAL policy is designed to shift the aggregate DEMAND curve by the federal government changing its SPENDING and TAXATION policies.

The government can influence the economy through fiscal policy. It does this by changing its taxation and spending policies to either increase economic growth or reduce overheating.

An EXPANSIONARY fiscal policy would attempt to speed up the economy by shifting this curve to the RIGHT. This would be accomplished by the government spending MORE than it took received in taxes. Such a policy would result in a budgetary DEFICIT .

With an expansionary policy, the government would increase it's spending such that it would be more than the taxation imposed. With the government spending more than they brought it from taxes, a budget deficit will result.

Such a policy would be employed to get the economy out of a RECESSION and fight the undesirable economic phenomenon of UNEMPLOYMENT.

When the economy is going through a recession, the economy will be facing a decline so in order to renew growth, the government would spend more to bring it out of a decline and therefore prevent or reduce unemployment.

A company has current assets of 100,000, total assets of 250,000, current liabilities of 20,000, and long-term liabilities of 50,000. How much of its existing current assets can the company use to acquire equipment without allowing its current ratio to decline below 2.0 to 1

Answers

Answer:

$60,000

Explanation:

The computation is shown below

Here the current liabilities is $20,000

And, the current ratio is 2:1

So, as we know that

The current ratio = Current assets ÷ current liabilities

So, the current asset is $40,000

= $40,000 ÷ 20,000

= 2.0 to 1

Now the amount required to purchase an equipment is

= $100,000 - $40,000

= $60,000

Karen, Kelsey, Rita, and Lizzi own a large commercial building as concurrent owners. They are tenants with the right to survivorship. Lizzi transfers her one-quarter interest in the building to a private charity organization owned by Stella. Which form of concurrent ownership would allow Karen, Kelsey, and Rita to become the owners of the property following Lizzi's death without the inclusion of the private charity organization run by Stella?
a) a tenancy in common
b) a tenancy by entirety
c) a joint tenancy
d) a community property

Answers

Answer:

Option C: A Joint tenancy

Explanation:

Joint Tenancy

This is simply a type of a concurrent estate. This is the process by which the cotenants have acquired four unities of title. That is the: the unity of Time, the unity of Title, the Unity of Interest and the Unity of Possession. The cotenants must received these unities from the same transferor(s) and each joint tenant is has equal right to the primary benefit of a joint tenancy such as the right of survivorship. It is the property that belongs to two or more people, even if married or unmarried.

This Joint tenancy deals with 2 or more tenants who owns the land altogether, in all. No tenant has more than the other.

The right of survivorship

It is stated that upon death of a joint tenant, the deceased's interest transfers straight to the surviving joint tenant or tenants-one less owner

Overhead Application, Activity-Based Costing, Bid Prices Firenza Company manufactures specialty tools to customer order. Budgeted overhead for the coming year is:
Purchasing $40,000
Setups 37,500
Engineering 50,000
Other 40,000
Previously, Sanjay Bhatt, Firenza Company's controller, had applied overhead on the basis of machine hours. Expected machine hours for the coming year are 50,000. Sanjay has been reading about activity-based costing, and he wonders whether or not it might offer some advantages to his company. He decided that appropriate drivers for overhead activities are purchase orders for purchasing, number of setups for setup cost, engineering hours for engineering cost, and machine hours for other. Budgeted amounts for these drivers are 5,000 purchase orders, 500 setups, and 2,500 engineering hours. Sanjay has been asked to prepare bids for two jobs with the following information:
Job 1 Job 2
Direct materials $4,600 $9,340
Direct labor $1,200 $2,200
Number of purchase orders 15 20
Number of setups 3 4
Number of engineering hours 45 10
Number of machine hours 200 200
The typical bid price includes a 40 percent markup over full manufacturing cost.
Required:
1. Calculate a plantwide rate for Firenza Company based on machine hours.
2. Calculate activity rates for the four overhead activities. What is the bid price of each job using these rates?
3. Which bids are more accurate?

Answers

Answer:

Firenza Company

1. Plantwide overhead rate based on machine hours = $3.35

2. Overhead Rates:

Purchasing          $8 per purchase order

Setups                 $75 per setup

Engineering        $20 per engineering hour

Other                  $8 per machine hour

                       Plantwide rate     ABC rates

Bid prices

Job 1                      $6,470            $12,103

Job 2                    $12,210           $19,320

                 

3. The bids based on ABC rates are more accurate.

Explanation:

a) Data and Calculations:

Budgeted overhead for the coming year is:

Purchasing          $40,000

Setups                   37,500

Engineering          50,000

Other                    40,000

Total overhead $167,500

Expected machine hours = 50,000

Plantwide overhead rate based on machine hours = $3.35 ($167,500/50,000)

                           Overhead  Usage / Cost Driver           Overhead Rates

Purchasing          $40,000    5,000 purchase orders    $8/purchase order

Setups                   37,500        500 setups                    $75/ setup

Engineering          50,000    2,500 engineering hours $20/eng. hour

Other                    40,000     5,000 machine hours       $8 /machine hour  

Job Costing based on Plantwide rate:

                                                       Job 1                      Job 2

Direct materials                           $4,600                   $9,340

Direct labor                                     1,200                     2,200

Overhead costs:                               670                        670

Total production costs               $6,470                   $12,210

Job Costing based on ABC rates:

                                                       Job 1                      Job 2

Direct materials                           $4,600                   $9,340

Direct labor                                  $1,200                   $2,200

Overhead costs:                         $2,845                   $2,260

Total costs of production           $8,645                  $13,800

Markup (40%)                             $3,458                   $5,520

Selling price                               $12,103                  $19,320

   

Number of purchase orders         $120 (15*$8)           $160 (20*$8)

Number of setups                          225 (3*$75)            300 (4*$75)

Number of engineering hours      900 (45*$20)          200 (10*$20)

Number of machine hours          1,600 (200*$8)       1,600 (200*$8)

Overhead costs:                       $2,845                    $2,260

Oering's Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent year, it reported the following activities:

Net income $5,135
Purchase of property, plant, and equipment 1,071
Borrowings under line of credit (bank) 1,117
Proceeds from issuance of stock 11
Cash received from customers 37,164
Payments to reduce long-term debt 46
Sale of marketable securities 219
Proceeds from sale of property and equipment 6,894
Dividends paid 277
Interest paid 90
Purchase of treasury stock (stock repurchase) 2,583

Required:
Based on this information, present the cash flows from investing and financing activities sections of the cash flow statement. (List cash outflows as negative amounts.)

Answers

Answer:

Cash flows from investing activities

Purchase of property, plant, and equipment       (1,071)

Sale of marketable securities                                   219

Proceeds from sale of property and equipment 6,894

Net Cash from investing activities                       6,042

Cash flows from financing activities

Borrowings under line of credit (bank)                   1,117

Proceeds from issuance of stock                               11

Payments to reduce long-term debt                       (46)

Dividends paid                                                        (277)

Purchase of treasury stock (stock repurchase) (2,583)

Net Cash used by financing activities

Explanation:

The cash flows from investing and financing activities sections of the cash flow statement are presented as above.

Which of the following is not true of the 3 level variance analysis of operating​ income?

a. Level 2 shows the direct material price and efficiency variances
b. Level 2 shows the​ sales-volume variance for operating income
c. Level 3 shows the fixed overhead production volume variance as a component of the​ sales-volume variance for operating income
d. Level 1 shows the static budget variance for operating income

Answers

Answer:

The option that is not true of the 3 level variance analysis of operating income is:

a. Level 2 shows the direct material price and efficiency variances

Explanation:

The operating income can be analyzed in three levels.  The first level is the static budget versus actual results variance, which shows the difference between the planning budget and the actual results.  The second level is the sale-volume variance, while the third level shows the fixed overhead variance.  This can be collapsed into level 2, with the final level showing more details about direct material price and efficiency variances, etc.

According to the attraction-selection-attrition (ASA) theory, job applicants Question 27 options: do not typically pay much heed to organizational values when applying for work. with a variety of personal characteristics are preferred by organizations, resulting in a more heterogeneous organization. avoid employment in companies whose values seem incompatible with their own values. avoid other applicants if they are competing for the same jobs.

Answers

Answer:

avoid employment in companies whose values seem incompatible with their own values.

Explanation:

Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;

I. Natural Rate of Unemployment (NU).

II. Frictional unemployment rate (FU).

III. Structural unemployment rate (SU).

IV. Actual unemployment rate (AU).

V. Cyclical unemployment rate (CU).

The attraction-selection-attrition (ASA) theory was developed and introduced by Benjamin Schneider. This theory typically gives the reason why a business firm or organization looks and feels the way it does with respect to the employees and employers.

According to the attraction-selection-attrition (ASA) theory, job applicants avoid employment in companies whose values seem incompatible with their own values. Also, it states that job applicants are usually attracted to colleagues having similar assumptions and values.

Why is having a long credit history with a few blemishes that were corrected better than a short history that is clear? edg

Answers

A long history with corrected blemishes exhibits that though mistakes were made,they were corrected which allows for those viewing your credit history to know that you’ve learned to fix mistakes making you trustworthy and experienced.

On January 1, 2021 Rastell Co signed a long term finance lease for an office building. The terms of the lease required Rastall to pay 16,000 annually beginning December 31, 2021 and continuing each year for 16 years. On January 1, 2021 the present value of the lease payments is 151, 146 discounted at the 7% interest rate implicit in the lease In Rastall’s December 31, 2021, balance sheet, the lease payable should be:

a. $109,200
b. $112,679
c. $221,000
d. $95,679

Answers

Answer:

$145,726

Explanation:

Note: The options to this question belongs to another question entirely and that is attached as picture. So, the correct answer is not among the 4 options

Interest expense = Present value of lease payment * Interest rate

Interest expense = $151,146 * 7%

Interest expense = $10,580.22

Particulars                                                                           Amount

Present value of lease payment                                       $151,146

Add: Interest expense                                                       $10.580

Less: Annual Payments                                                     ($16,000)

Lease Payable on December 31, 2021 Balance Sheet  $145,726

Larry Mattingly turned 20 years old today. His grandfather had established a trust fund that will pay him $84,000 on his next birthday. However, Larry needs money today to start his college education, and his father is willing to help. Mr. Mattingly has agreed to give Larry the present value of the $84,000 future cash inflow, assuming a 10 percent rate of return. (PV of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided.)
Determine the amount of cash that Larry Mattingly's father should give him.

Answers

Answer:

Present Value = $76363.636363  rounded off to $76363.64

Explanation:

The present value can be calculated using the following formula,

Present Value = Future Value / (1+r)^t

Where,

r is the rate of returnt is the time period

Present Value = 84000 * (1+0.10)^1

Present Value = $76363.636363  rounded off to $76363.64

Josiah is training users to navigate Access forms. What is the best way to advance in the form to the next field?

Enter
Shift+Tab
Ctrl+Home
End

Answers

Answer: Enter

Explanation:

If one wants to move to the next field but still in the same form on Access, one simply needs to tap the Enter button and it will move on. This is the same thing that happens in Excel when Enter is tapped.

It is probably because the forms created in Access do not allow for paragraphs so the enter key will only move you to another field instead of creating a new paragraph.

A new operating system for an existing machine is expected to cost $565,000 and have a useful life of six years. The system yields an incremental after-tax income of $165,000 each year after deducting its straight-line depreciation. The predicted salvage value of the system is $25,000. A machine costs $410,000, has a $26,000 salvage value, is expected to last eight years, and will generate an after-tax income of $75,000 per year after straight-line depreciation. Assume the company requires a 10% rate of return on its investments. Compute the net present value of each potential investment. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.)

Answers

Answer:

The net present value of each potential investment:

                         Machine A        Machine B

NPV                   $167,675             $2,267

Explanation:

a) Data and Calculations:

                                                         Machine A        Machine B

Cost of machine                              $565,000         $410,000

Incremental after-tax income            165,000             75,000

Salvage value                                      25,000             26,000

Estimated useful life                           6 years             8 years

Required rate of return                      10%                   10%

Annuity factor                                     4.355                5.335

PV factor                                             0.564                0.467

PV of incremental after-tax income $718,575         $400,125

                                                ($165,000*4.355)   ($75,000*5.335)

PV of salvage value                            $14,100             $12,142

Total PV of income                         $732,675          $412,267

NPV                                                  $167,675             $2,267

= Total PV of income minus PV of initial investment cost

The Jenkins Corporation has purchased an executive jet. The company has agreed to pay $200,000 per year for the next 10 years and an additional $1,000,000 at the end of the 10th year. The seller of the jet is charging 6% annual interest. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.) Determine the liability that would be recorded by Jenkins.'

Answers

Answer:

Present value of liability = $2,030,412.1871 rounded off to $2,030,412.19

Explanation:

To calculate the amount that would be recorded as a liability, we need to find the present value of the jet. The present value can be calculated by discounting the cash flows provided in the question. The 200000 cash flows that will be payable every year are in the form of an ordinary annuity and their present value will be calculated using the attached formula. The present value of 1000000 that is payable at the end of the 10th year will be calculated as follows,

Present Value of Cash flow = Cash Flow / (1+r)^t

Where,

r is the discount rate t is the time period

Present value of liability =  200000 * [(1 - (1+0.06)^-10) / 0.06]  +  

1000000 / (1+0.06)^10

Present value of liability = $2,030,412.1871 rounded off to $2,030,412.19

Last year (2016), Sarasota Condos installed a mechanized elevator for its tenants. The owner of the company, Ron Richter, recently returned from an industry equipment exhibition where he watched a computerized elevator demonstrated. He was impressed with the elevator's speed, comfort of ride, and cost efficiency. Upon returning from the exhibition, he asked his purchasing agent to collect price and operating cost data on the new elevator. In addition, he asked the company’s accountant to provide him with cost data on the company’s elevator. This information is presented below.:

Old Elevator New Elevator
Purchase price $103,500 $159,000
Estimated salvage value 0 0
Estimated useful life 5 years 4 years
Depreciation method Straight-line Straight-line
Annual operating costs
other than depreciation:
Variable $34,000 $11,000
Fixed 23,900 8,200

Annual revenues are $241,000, and selling and administrative expenses are $30,000, regardless of which elevator is used. If the old elevator is replaced now, at the beginning of 2017, Bramble Condos will be able to sell it for $25,900.

Required:
Determine any gain or loss if the old elevator is replaced.

Answers

Answer:

$56,900 loss

Explanation:

Calculation to determine any gain or loss if the old elevator is replaced.

First step is to calculate the Book value of old Elevator

Purchase price $103,500

Less: Depreciation expense for the year 2016 (($103,500-0)/5) $ 20,700

Book value of old Elevator $ 82,800

($103,500-$20,700)

Now let calculate any gain or loss if the old elevator is replaced.

Book value of old Elevator $ 82,800

Less: Sold of old Elevator $25,900

Loss on Sales of old Elevator $56,900

Therefore the loss if the old elevator is replaced is $56,900

How can technological innovation help a company become globalized?

Answers

Answer:

First, globalization allows countries to gain easier access to foreign knowledge. Second, it enhances international competition—including as a result of the rise of emerging market firms—and this strengthens firms' incentives to innovate and adopt foreign technologies.

Explanation:

Developed manufacturing technologies have changed long-standing practices of productivity and occupation.

What is Technological Innovation?

Technology has helped us in overcoming the major limitations of globalization and international trade such as employment barriers, lack of ordinary ethical standards, transportation costs, and uncertainties in knowledge exchange, thereby transforming the marketplace.

Improved air and sea transport have greatly accelerated the worldwide flow of individuals and goods.

All this has both constructed and required more extraordinary interdependence among firms and polities.

When globalization authorizes countries to achieve easier admission to foreign knowledge.

Second, it enhances international competition including as a development of the rise of occurring market firms and this strengthens firms' incentives to innovate and embrace foreign technologies.

Find more information about Technological Innovation here:

https://brainly.com/question/19969274

Juan and Carl have a small medical practice that operates as a partnership. Juan does 70% of the work and Carl does 30%. However, Carl invested 60% of the money required to start the business. If the company makes $100,000 in profit this year, how much will each partner receive?
a. Juan will receive $70,000; Carl will receive $30,000.
b. Juan will receive $50,000; Carl will receive $50,000.
c. Juan will receive $40,000; Carl will receive $60,000.
d. Juan will receive $60,000; Carl will receive $40,000.
e. Profits will be shared in the proportion specified in the partnership agreement.

Answers

Answer:

e. Profits will be shared in the proportion specified in the partnership agreement.

Explanation:

Partnership agreement is the governing document of an partnership. The agreement consist of how profit will be shared and has been agreed right before the partnership contract become become binding. Thus, the fact that Juan does 70% of the work and Carl does 30% of work does not specifies nor idicate profit sharing. Also, the fact that Carl invested 60% of the money required to start the business does not specify profit sharing as well. The profit sharing agreement is in the partnership agreement.

Prepare journal entries to record the following transactions involving the short-term securities investments of Krum Co., all of which occurred during year 2017. On August 1, paid $78,000 cash to purchase Houtte's 12% debt securities ($78,000 principal), dated July 30, 2017, and maturing January 30, 2018 (categorized as available-for-sale securities). On October 30, received a check from Houtte for 90 days' interest on the debt securities purchased in transaction a. (Use 360 days in a year. Do not round your intermediate calculations.)

Answers

Answer:

Journal entries are shown below.

Explanation:

According to the scenario, computation of the given data are as follows,

Short-term security investment = $78,000

Debt securities rate = 12%

Interest on debt securities for 90days = $78,000 × ( 12% × 90÷360 )

= $2,340

So, Journal entries are as follows,

(a) Aug.1, 2017       Short-term security investment A/c Dr.    $78,000

                         To, Cash  A/c           $78,000

                             (Being purchase of debt security is recorded)

(b) Oct.30, 2017       Cash A/c Dr.    $2,340

                         To, Interest  A/c           $2,340

                             (Being interest received is recorded)

What does it mean if a company's website has a high bounce rate?
1. Potential customers who click on their ad are only visiting the company's home page.
2. Potential customers are not clicking on their ad and are instead clicking on the ads of their competitors.
3. Potential customers are clicking on their ad and the company's website is holding their interest enough for them to explore other page links.
4. The company's website ranks high in a search engine's unpaid results.
5. The company has successfully engaged customers to pass along information to other potential customers.

Answers

Answer:

. Potential customers who click on their ad are only visiting the company's home page.

Explanation:

Bounce rate measures the rate at which people open a website and then leave immediately. bounce rate is measured by the number of people who only view a page.

If a company has a high bounce rate, it means that the company is not successfully engaging its customers

Reasons for a high bounce rate

the information or content on the website is not relevant to usersthe website takes too long to loadExcessive advertisement on the website

what is jute sacks ?​

Answers

Explanation:

A burlap sack or gunny sack, also known as a gunny shoe or tow sack, is an inexpensive bag, traditionally made of hessian fabric formed from jute, hemp or other natural fibers. Modern-day versions of these sacks are often made from synthetic fabrics such as polypropylene.

The students have to create their assignment reports using a word processing program. Some of the questions in their assignment involve comparison between different items. Which function of a word processing program will be the most useful to present this information?
The ______ function of a word processing program will be the most useful for comparison.

Answers

Answer:

The insert table function of a word processing program will be the most useful for comparison.

Hope this helps! :)

Beyer Company is considering the purchase of an asset for $245,000. It is expected to produce the following net cash flows. The cash flows occur evenly within each year. Assume that Beyer requires a 9% return on its investments. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Year 1 Year 2 Year 3 Year 4 Year 5 Total Net cash flows $ 76,000 $ 55,000 $ 82,000 $ 158,000 $ 37,000 $ 408,000 a. Compute the net present value of this investment. b. Should Beyer accept the investment

Answers

Answer:

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The IRS agent who audited the Form 1120 filed by Alano Inc. concluded that $300,000 of the salary that Alano paid to its CEO and sole shareholder was a constructive dividend. As a result: Multiple Choice The CEO/shareholder's taxable income increases by $300,000. Alano must distribute an additional $300,000 cash to the CEO/shareholder Alano must distribute an additional $300,000 cash to the CEO/shareholder. Alano's taxable income increases by $300,000.

Answers

Answer: Alano's taxable income increases by $300,000.

Explanation:

Constructive dividends are paid to a shareholder and classified in such a way that they are not to be seen as taxable dividends.

If during auditing however, the IRS determines that it was indeed a taxable dividend, it becomes a constructive dividend.

Constructive dividends are taxable by definition so Alano's taxable income increases by the amount of dividend of $300,000.

factorize the following algebraic expressions.
m²-64n⁴​

Answers

Answer:

Factorization of the expression = [m - 8n²][m + 8n²]  

Explanation:

Given expression;

m²- 64n⁴​

Find:

Factorization of the expression

Computation:

m²- 64n⁴​

m²- [(8n²)]²​

Using formula;

a² - b² = (a + b)(a - b)

By putting value in above formula;  

So,

Factorization of the expression  = m²- [(8n²)]²​

Factorization of the expression  = (m)²- [(8n²)]²​

Factorization of the expression = [m - 8n²][m + 8n²]  

For each of the following scenarios, determine whether the situation described can be attributed to the real-balances effect, the interest-rate effect, or the foreign-purchases effect.

a. As a result of an increase in the price level, the cost of borrowing increases, which causes people to buy fewer cars.

1. Real-balances effect
2. Foreign-purchases effect
3. Interest-rate effect

b. When the price level decreases, restaurants become busier as more people purchase restaurant meals.

1. Real-balances effect
2. Foreign-purchases effect
3. Interest-rate effect

Answers

Answer:

A)Interest-rate effect

B)Real-balances effect

Explanation:

✓The interest rate effect can be regarded as change in borrowing as well as spending behaviors as a consequence or result of adjustment of interest rate. As a general rule, interest are been set by central bank of the nation, then consumer banks will then extend similar interest rates across their customers. For instance

As a result of an increase in the price level, the cost of borrowing increases, which causes people to buy fewer cars.

✓ In economics, real balance effect can be regarded as "Pigou effect" which can be regarded as stimulation of output as well as employment which is been caused as a result of increased consumption through a rise in real balances of wealth, especially during time of deflation. Instance of this is

When the price level decreases, restaurants become busier as more people purchase restaurant meals.

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