The source will the auditor take his or her sample test of details is a type of substantive approach used by auditors to validate the intricacies of certain transactions.
Details can be tested by auditors in a variety of ways, including vouching, tracking, confirmations, confirming contracts, etc.The test of particulars is different from analytical procedures as well.It should be noted that auditors use detail-based examinations to acquire evidence of the veracity of the balances, disclosures, and underlying transactions related to a client’s financial statements.Therefore, An auditor’s report is viewed as a formal opinion or disclaimer that is published by an internal auditor or an independent external auditor as a result of an internal audit or external audit, as an assurance service to allow the user to base their decisions on the information contained in the report.From the sales diary to the shipping documentation, the auditor should follow transactions.An auditor Is a designated.
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balance sheet data for alvarez company on december 31, the end of two recent fiscal years, follows: current year previous year current assets $359,700 $229,040 property, plant, and equipment 599,500 531,700 intangible assets 130,800 57,260 current liabilities 261,600 155,420 long-term liabilities 370,600 286,300 common stock 109,000 98,160 retained earnings 348,800 278,120 prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each liability and stockholders' equity item as a percent of the total liabilities and stockholders' equity. if required, round percentages to one decimal place.
A company's balance sheet is a statement of its assets, liabilities, and shareholder equity as of a particular date. It aids in assessing the capital structure of a company and computes the rate of return for its investors.
A balance sheet is crucial because it reveals to investors and business owners what an organisation owns and owes at any one time. The quantity of assets and liabilities at the end of a standard accounting period (twelve months) would be shown on the balance sheet.
Balance sheets are normally used to keep track of income and expenses, but they can also be used to demonstrate a company's profitability to potential investors.
A balance sheet's assets must always be equal to its liabilities and shareholders ’ equity. The name comes from the fact that the balance sheet must always be in balance. There may be issues if they don't balance, such as erroneous or misplaced data, stock or exchange rate irregularities, or improper computations.
For the given question, a comparative balance has been attached as the solution for it.
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A portfolio holds stock A and stock B be in equal amounts stock A has a 50% chance of earning 10% If the economy does well and 50% chance of earning 2% if the economy performs poorly stock Bhas 50% chance of earning 3% if the economy does well and 50% chance of earning 5% if the economy does poorly What is the portfolio coefficient of variation? A 0.50 B. 0.30 C 3.33 D. 5
5% income potential with a 50% chance of success in the economy Its portfolio coefficient of variation is 0.30 in a bad economy.
Define the term coefficient of variation?The ratio of the variance to the mean is known as the coefficient of variation (CV).
The level of dispersion all around mean increases with the coefficient of variation. Typically, a percentage is used to express it. Without units, it enables comparison between value distributions whose measurement scales are incomparable.The CV links the standard deviation of a estimate to the value of the estimate when we are given estimated values. The estimate is more accurate the lower the coefficient of variation value.In a portfolio with equal holdings of stock A and stock B, stock A has a 50% probability of increasing in value by 10%. Stock Bhas a 50% probability of earning 2% in a good economy and a 50% chance of earning 3% in a bad market.
Thus, 50% possibility of achieving success with in economy and a 5% income potential In a weak economy, its portfolio coefficient of variation is 0.30.
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using the maximax method, which decision alternative will you chose? a) sell company b) form joint venture c) sell software on own
Using the maximax method, sell company decision alternative will you chose.
Option A is correct.
What is the maximax method?A maximax strategy is a game theory strategy in which players, faced with uncertainty, make decisions that result in the "best of the best" outcomes.
How would you describe the decision criteria for maxi-max?The maximax standard is an optimistic approach. This suggests that decision makers should look at the maximum gains of the alternatives and choose the one that gives the best results. This criterion appeals to adventurous decision makers who are attracted to high payouts.
What is the maximax standard for quantitative methods?A maxi-max is a criterion used by decision makers to select the action that allows the maximum payout. If the paytable contains losses instead of wins, the biggest decision maker chooses the action that allows for the smallest losses.
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What are the important factors to be considered for selecting the location?.
Locations are chosen based on: 1) Demographics.
2) Operational Style + Psychographics
3) Market proximity and foot traffic
4) Infrastructure and Accessibility.
5) A contest.
6) Zoning and permit problems
7) Closeness to other services and businesses.
What is location selection?One of the first factors that makes choosing the ideal site essential to success is good visibility from main roadways. Customers will probably prefer to go elsewhere for the same product or service if they can't easily see your business or if it's tough to get to.
Finding and selecting the ideal location involves many different factors, including researching your neighborhood, reading about prospective customers' demographics, and taking competitors' locations into account. Before choosing a site, it's crucial to think about your requirements as a business owner.
The fact that buyers frequently need and want easy access to amenities and transportation options is one of the factors contributing to location's importance in real estate. This indicates that eateries, grocers, dry cleaners, stores for shopping, and entertainment.
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AP The Screamin' Eagles Company makes wheels and wings for ground transport vehicles and drones. In addition to the key manufacturing departments, Screamin' Eagles needs two key support services, provided by its Maintenance and IT departments. allocates its costs to other departments based on the amount of time the IT employees spend assisting the other departments. The cost information of all four departments, along with their usage information for both allocation bases, is as follows. Required a. Allocate the support department costs using the direct method to determine the total costs for which each operating department should be accountable. b. Allocate the support department costs using the step method to determine the total costs for which each operating department should be accountable. Rank the support departments based on their original cost. c. Which of the two approaches would you recommend to Screamin' Eagles management? Explain.
The approach that will be suggested for Screamin' Eagles Management is the step method.
Whet is the step method?The step method is a sequential method of allocating service department costs to other service departments and operating departments. Typically, the sequence begins with the service department that provides the most service to other departments.
The step method, as opposed to the direct method, allocates the cost of a service department to other service departments as well as operating departments. The step method of cost allocation is a sequential process. is a method of allocating service department costs to other departments within an organization. The cost of each service department is allocated one at a time under this approach.
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1. when the physical inventory on hand at the end of the accounting period is less than the balance of merchandise inventory, the difference is called . merchandise available for sale cost of merchandise sold inventory shrinkage none of these are correct. 2. the adjusting journal entry to record inventory shrinkage includes a debit to and a credit to . cost of merchandise sold; merchandise inventory merchandise inventory; cost of merchandise sold merchandise inventory; inventory shrinkage none of these are correct.
When the physical inventory on hand at the end of the accounting period is less than the balance of Merchandise Inventory, the difference is called inventory shrinkage.
What is the name of the inventory that remains after an accounting period but wasn't sold?At the end of an accounting period, inventory refers to the goods that are still in stock but have not yet been sold. Cost of goods purchased: The price of goods acquired over a time, calculated as purchases less returns and allowances, less discounts, plus freight in.
What is inventory when an accounting period is over?The value of products still on hand and available for purchase by a company at the end of an accounting period is referred to as ending inventory.
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As the price level falls, the purchasing power of households' real wealth will _____ , causing the quantity of output demanded to _____. This phenomenon is known as the ______ effect.
rise, rise, wealth
In a situation where the price level of a product falls, the purchasing power of household's real wealth rises, which causes the quantity of output demanded to rise as well. This happens under the phenomenon of the wealth effect.
Purchasing power of an individual can be referred to or considered as the amount that can be spent by him or her over purchase of a product specified in terms of quantities. A fall in price level results in an increase in the purchasing power and the quantity demanded for a particular product within the economy.
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sam's new to search ads and worries he may not have the skills or time to run a successful ad campaign. which two dynamic search ads features will be of help to sam? (choose two.)
The two dynamic search ads features will be of help to Sam are:
Machine learning helps automatically find new keywords.Destination URLs are automatically kept up-to-date.What do you mean by the dynamic search ads?Finding clients that are specifically looking for what you have to offer on net is made simple with dynamic search ads.
Dynamic Search Advertisements leverage the content of your website to target your ads and can assist fill in the gaps of your keyword-based campaigns. They are ideal for advertisers with a well-developed website or a huge inventory.
In order to keep your advertising relevant and save you time, Dynamic Search Ad headlines and landing pages are also generated using material from your website.
Therefore, the two dynamic search ads features will be of help to Sam are:
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Employees of small businesses often have greater job satisfaction than do employees of larger firms. One reason for this difference in job satisfaction is that employees of small businesses often:
A) Get more respect from their bosses
B) Earn higher wages
C) Receive more vacation time
D) Have more job security and better fringe benefits
One reason for this difference in job satisfaction is that employees of small business often get more respect from their bosses.
The pinnacle of many firms is ensuring that workers are content and healthy while at work. The rewards are substantial if you can attain them: It can aid a business in luring the best candidates for open positions, retaining its current workforce, and increasing efficiency. It's not always simple to maintain high levels of employee pleasure and engagement, though. Employees sometimes find themselves in a loop at work, blindly completing tasks without any satisfaction or reward. According to Gallup data, only 33% of American workers believe they are totally engaged at work, while 16% are actively disengaged and 51% are only turning up.
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heir cranberry vinaigrette dressing required 3,000 machine hours to fill 10 customer orders for a total of 8,000 units. (a) assuming all manufacturing overhead is estimated and predicted on the basis of machine hours, determine the predicted total overhead costs to produce the 8,000 units of cranberry vinaigrette.
Their cranberry French dressing required three,000 gadget hours to fill 10 client orders for a total of 8,000 units.
operating OF interest fees:
level total value devices of value driving force interest price
Unit $500,000 10,000 device hours $50 in keeping with MH
Batch 50,000 500 patron orders $ a hundred in line with the order
Product 100,000 25 merchandise $ four,000 consistent with product
$650,000
OH assignment rate based on system hour = 650000/10000 = $65 consistent with MH.
a) anticipated total overhead prices on the idea of machine hours = 3000*$65 = 195000
b) expected overhead expenses under multiple-degree price hierarchy:
system operation = 3000*$50 = 150000
client order = 10*$100 = a thousand
Product price = 1*$4000 = 4000
predicted overhead prices of 155000
c) mistakes in prediction = 195000-155000 = 40000 Over prediction
d) Batch stage costs the use of simplest machine hours = (50000/ten thousand)*3000 = 15000
Batch stage prices the usage of a couple of free drivers one thousand
errors in prediction = 15000-a thousand = 14000 Over prediction
e) Product level prices using most effective system hours = (one hundred thousand/10000)*3000 = 30000
Product degree costs the usage of more than one value driver = 4000
blunders in prediction = 30000-4000 = 26000 Over prediction
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assuming its current market price is equal to its intrinsic value, what do you expect to happen to its price over the next year?
A company's intrinsic value is an estimation of its worth based on its anticipated ability to generate future free cash flows over the course of its existence.
What is the link between market pricing and intrinsic value?The price of a company's shares at the time being is its market value. The total of the company's assets less its liabilities is its intrinsic value. When determining whether a stock is overvalued or undervalued, one consideration is the price-to-book ratio (P/B).
Intrinsic value in options trading is the distinction between an asset's current price and the option's strike price.
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Hamish has calculated the budget variance in column D, but needs to indicate if it is favorable or unfavorable. Which Excel function will allow Hamish to compare the values in columns B and C to determine if the variance is favorable or unfavorable?
1) EXACT
2) ABS
3) IF
4) MAX
IF Excel function will allow Hamish to compare the values in columns B and C to determine if the variance is favorable or unfavorable. An Excel function is a pre-written formula that facilitates the completion of mathematical, statistical, and logical tasks.
When you are comfortable using a function, all you need to do is enter an equal sign (=) in the cell, the function's Hamish, and the cell range it applies to. Over 475 formulas are available in Excel's Functions Library, ranging from simple mathematical operations variance is favorable extremely challenging statistical, logical, and engineering jobs like IF statements formula (one of our all-time favourite tales); AND, OR, NOT functions; COUNT, AVERAGE, and MIN/MAX.
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which party backs the face value of the payment and performance bonds? contractor architect owner surety
The Obligee. This is the property owner who is the customer or buyer of the project. The obligee can be an individual, a company or a government entity. The obligee is the potential beneficiary of the performance bond.
A beneficiary (additionally, in believe regulation, cestui que use) within the broadest sense is a herbal individual or different criminal entity who receives cash or different benefits from a benefactor. as an example, the beneficiary of a existence insurance coverage is the individual that receives the charge of the quantity of insurance after the death of the insured.
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sasha is a self-employed taxpayer. they recently spent $2,100 for airfare to travel to italy. what amount of the airfare is deductible in each of the following alternative scenarios? note: leave no answers blank. enter zero if applicable. problem 9-50 part-a (algo) a. sasha's trip was entirely for personal purposes.
The amount of the airfare is deductible in scenarios where Sasha's trip was entirely for personal purposes is Zero.
What is Taxpayer?A tax is referred to a certain amount that is collected by the government of any country from its citizens and these citizens are called as taxpayers.
This tax amount collected from the citizens is used in the development process of the country including building hospitals, roads and maintaining transportation, and so on.
In the given case no amount is deducted from the airfare as the trip was entirely for personal purposes. The trip's primary purpose was not for business, so the airfare is not deductible.
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jenny wants health insurance that sets the amount that she must pay toward medical expenses before the insurance starts paying benefits. she is concerned about a:
Jenny wants health insurance that sets the amount that she must pay toward medical expenses before the insurance starts paying benefits. she is concerned about a Deductible.
What is the name for the sum of medical costs that the insured must cover before the insurance company starts to pay?Deductible: A predetermined amount that must be paid by the insured prior to the insurer beginning to cover the cost of covered medical services during the benefit period, which is typically one year. Plans may have separate deductibles for different services, and they may also have family deductibles.
What is the main objective of a medical expenditures policy?Your health insurance shields you from unforeseen, excessive medical expenses. the sum you pay for covered medical services before your insurance plan begins to reimburse you. For instance, if you have a $2,000 deductible, you are responsible for the first $2,000 of covered services.
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foster inc. is trying to decide whether to lease or purchase a piece of equipment needed for the next ten years. the equipment would cost $48,000 to purchase, and maintenance costs would be $5,300 per year. after ten years, foster estimates it could sell the equipment for $28,000. if foster leases the equipment, it would pay $16,000 each year, which would include all maintenance costs. if the hurdle rate for foster is 12%, foster should: (future value of $1, present value of $1, future value annuity of $1, present value annuity of $1.) (use appropriate factor from the pv tables. do not round intermediate calculations. round your final answer to the nearest hundred.) multiple choice lease the equipment, as net present value of cost is about $21,500 less. buy the equipment, as net present value of cost is about $21,500 less. buy the equipment, as net present value of cost is about $48,000 less. lease the equipment, as net present value of cost is about $17,800 less.
If the hurdle rate for foster is 12%, foster should, then buy the equipment, as net present value of cost is about $21,500 less.
Hurdle rate:
Hurdle rate refers the minimum rate of return on a project or investment required by a manager or investor.
Given,
foster Inc. is trying to decide whether to lease or purchase a piece of equipment needed for the next ten years. the equipment would cost $48,000 to purchase, and maintenance costs would be $5,300 per year. after ten years, foster estimates it could sell the equipment for $28,000. if foster leases the equipment, it would pay $16,000 each year, which would include all maintenance costs.
Here we need to find the foster situation to buy the equipment's, if the hurdle rate for foster is 12%.
While we looking into the given question, we have identified the following,
Equipment cost = $48,000
Maintenance cost = $5,300
Selling price = $28,000
Lease price = $16,000
If the hurdle rate is 12%, then we should do,
=> (48000 - 5300) x 12%
=> 21,500
So, we should buy the equipment for the amount of $21,500 or less.
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ranking the performance prospects of business units in a diversified company from best to worst multiple choice question. should largely be determined by where resources are currently being allocated among the business units. indicates which businesses are cash hogs that will need additional investment. helps corporate management decide where to allocate resources and capital investments among the business units. should not take into consideration past financial performance of the businesses since it does not guarantee future performance.
d. ranking the company's business units from competitively strongest competitively weakest and thereby learn which business units are strong, average, or weak market contenders in their respective industries.
What are the various stages of corporate diversification?They assert that there are three levels of diversification; Insufficient Diversification High to Moderate Levels of Diversification High to Moderate Levels of Diversification
What does a diversified company's strategic and competitive advantage look like?When market conditions change, diverse businesses have a competitive edge because they can shift their resources—financial, human, and technological—from one product specialty to another swiftly. Given that specialist businesses cannot complete this task fast, it is a competitive advantage.
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in which way do modern information systems contribute most directly to the creation of a high-performance work system?
Modern information systems contribute most directly to the creation of a high-performance work system by enabling organizations to give many employees access to information.
An organization or corporation, is an entity—such as a business enterprise, an institution, or an association—comprising one or extra humans and having a selected reason. The word is derived from the Greek word organon, because of this tool or instrument, musical instrument, and organ.
An organization is a group of those who paintings collectively, like a neighborhood affiliation, a charity, a union, or a company. you can use the phrase agency to consult organization or business, or to the act of forming or establishing some thing.
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rudi's bakery has pulled together a cross-functional team that is looking at the issues of distribution. this is the team's second meeting, and ther
A cross-functional team has been assembled by Rudi's Bakery to look at the distribution problems. This team is currently in the Storming stage.
The mean of what distribution?Definition: To distribute a product is to make it available to a wide audience so that they can purchase it. These actions are involved in distribution: a trustworthy delivery network to get the goods to their destinations.
What is an example of a normal distribution?Using a normal distribution and the empirical rule In a brand-new course for test preparation, you gather SAT scores from the pupils. The data has a weighted mean (M) of 1150 and just a deviation (SD) of 150, and it is distributed normally.
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tomato, inc. made a valid s election some number of years ago. now it wishes to terminate that election. what percentage of ownership needs to agree with the termination decision?
More than 50 % percent of ownership needs to agree with the termination decision.
What is an election?The election can be defined as the formal process of a communal judgment call, a poll is how a people choose a person or people to assume public office. Votes have been the primary method used to carry out the representational government in contemporary times.
Tomato, inc. made a valid election but that was made several years ago as of now there was to be made some changes then they will need to make sure that the decision that they are going to take needs to get more than 50% of the votes to make the decision correct or to terminate it.
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The (maker/signer) of the note is the one that signed the note and promised to pay at maturity. The (maker/payee) of the note is the person to whom the note is payable
Maker
Payee
The maker of the note is the one that signed the note and promised to pay at maturity. The payee of the note is the person to whom the note is payable.
What does maker of a Note mean?
A promissory note is a pledge to pay a certain sum at a specific date. In most cases, interest is also paid. Loans or promissory notes may have a specified maturity with a predefined payment date.
A maker of a note is the party or individual who signs the documents, borrows the funds, and makes the repayment guarantee. Because they actually created the contract, they are referred to as the maker of the note.
The note is signed by the lender or payee, who consents to lending the maker the money. Both parties are bound by this agreement.
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When control risk for the existence assertion is assessed at a high level, which of the following is a likely effect with respect to the auditors' confirmation of receivables?
Multiple Choice
1 The account balances as of year-end will generally be confirmed.
2 The auditors will in general use blank rather than positive confirmation requests.
3 The auditors will be required to confirm accounts as of an interim date (during the year under audit) and as of year-end.
4 Confirmation will not in general be used as the auditor will rely primarily upon support such as vendors' invoices, purchase orders and receiving reports.
Effect with respect to the auditors' confirmation of receivables like The account balances as of year-end will generally be confirmed.
What are control risks?Control risk is the possibility of a major misstatement in a company's financial statements as a result of the absence of pertinent internal controls to mitigate a specific risk or the failure of the internal controls already in place.Control risk is the possibility of a material misstatement as a result of controls that fail to reduce a mistake. Control risk is an illustration of cybersecurity risk. Control risk is the possibility that the company's internal controls won't promptly prevent or identify a major misstatement that could arise in an assertion due to fraud or error, either alone or in conjunction with other misstatements, which could be material.To learn more about Control risk refer to:
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a monopoly has a marginal revenue curve that is: group of answer choices downward sloping and lies above the demand curve. downward sloping and lies below the demand curve. horizontal and equal to price. upward sloping and is the same as its supply curve. vertical at the profit-maximizing quantity.
A monopoly has a marginal revenue curve that is downward sloping and lies below the demand curve.
The demand curve is a graphical illustration of the relationship between the price of an excellent or carrier and the amount demanded for a given period of time. In a typical representation, the charge will seem on the left vertical axis, the amount demanded on the horizontal axis.
A demand curve is a graph depicting the relationship among the price of a certain commodity and the quantity of that commodity this is demanded at that rate. demand curves can be used both for the rate-amount dating for an individual customer, or for all customers in a selected marketplace.
A demand curve is essentially a line that represents numerous factors on a graph where the price of an item aligns with the quantity demanded. The 3 fundamental characteristics are the placement, the slope and the shift. the location is basically wherein the curve is placed on that graph.
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kathleen, age 56, works for mh incorporated in dallas, texas. kathleen contributes to a roth 401(k), and mh contributes to a traditional 401(k) on her behalf. kathleen has contributed $37,200 to her roth 401(k) over the past six years. the current balance in her roth 401(k) account is $62,000 and the balance in her traditional 401(k) is $48,000. kathleen needs cash because she is taking a month of vacation to travel the world. answer the following questions relating to distributions from kathleen's retirement accounts assuming her marginal tax rate for ordinary income is 24 percent.
The values of following question is :
A) $6200 (10000*.72)-1000
B)8480
C)$7200 (10000*.72)
D)$8880 (remove 10% penalty from problem b)
What is meant by marginal tax rate ?The amount of additional tax paid for each new dollar of income received is known as the marginal tax rate. Total taxes paid divided by total income earned is the average tax rate. With a marginal tax rate of 10%, tax would be deducted from the following dollar of income at a rate of 10%.
Because your "marginal" income is what is taxed at the next highest tax bracket as you move up in tax brackets, this tax rate is known as the marginal tax rate. The actual taxes owed (as determined by the tax statements) are divided by the business's reported pre-tax income to determine the effective tax rate.
Given,
A) $6200 (10000*.72)-1000
B)8480
C)$7200 (10000*.72)
D)$8880 (remove 10% penalty from problem b)
The complete question is : Kathleen, age 56, works for MH, Inc., in Dallas, Texas. Kathleen contributes to a Roth 401(k) and MH contributes to a traditional 401(k) on her behalf. Kathleen has contributed $30,000 to her Roth 401(k) over the past six years. The current balance in her Roth 401(k) account is $50,000 and the balance in her traditional 401(k) is $40,000. Kathleen needs cash because she is taking a month of vacation to travel the world. Answer the following questions relating to distributions from Kathleen's retirement accounts assuming her marginal tax rate for ordinary income is 28 percent.
a)If Kathleen receives a $10,000 distribution from her traditional 401(k) account, how much will she be able to keep after paying taxes and penalties, if any, on the distribution?
b. If Kathleen receives a $10,000 distribution from her Roth 401(k) account, how much will she be able to keep after paying taxes and penalties, if any, on the distribution?
c. If Kathleen retires from MH and then she receives a $10,000 distribution from her traditional 401(k), how much will she be able to keep after paying taxes and penalties, if any, on the distribution?
d. If Kathleen retires from MH and then she receives a $10,000 distribution from her Roth 401(k), how much will she be able to keep after paying taxes and penalties, if any, on the distribution?
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the phillips curve implies that when unemployment is high, inflation is low, and vice versa. therefore, we may experience either high inflation or high unemployment, but we will never experience both together
This statement False. If inflation expectations are high, it is possible to have high inflation and high unemployment simultaneously.
What does the Phillips curve suggest?The Phillips Curve illustrates the connection between inflation and unemployment: When unemployment is low, inflation is higher, and when it is high, it is lower.Historical correlation between inflation and unemploymentThe original Phillips curve showed that inflation decreases as the jobless rate rises.The economist A.W. Phillips, who studied earnings and unemployment in the UK from 1861 to 1957, is remembered by the name of the Phillips curve. According to Phillips, there is a negative correlation between unemployment rates and pay growth rates (i.e., wage inflation).In the near term, it slopes downhill, but in the long term, it is vertical.The complete question is :The Phillips curve implies that when unemployment is high, inflation is low, and vice versa. Therefore, we may experience either high inflation or high unemployment, but we will never experience both together.
Is this statement true, false, or uncertain? Choose the answer that best explains.
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which consumer promotion offers consumers a chance to win something by filling in a card with their name and contact info? group of answer choices contest sweepstake game premium point-of-urchase promotion
contest sweepstake game consumer promotion offers consumers a chance to win something by filling in a card with their name and contact info.
A sweepstake is a particular kind of competition where a winner or winners may receive a reward or prizes. Sweepstakes were once a type of lottery connected to the sale of goods. As a result, the FCC and FTC improved American broadcasting regulations.
A promotional contest in which prizes are given away without cost to participants is referred to as a sweepstakes. Winners are chosen at random. A sweepstakes is similar to a game of chance. "An event in which participants try to win by doing something better than others" is the definition of a contest.
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The Universal Computer Company uses a newly developed A1 chip in the manufacturer of their tablet computers. The estimated annual demand for this chip is 12,000 units. It is estimated that the cost to place an order is $75, and the holding cost for each chip is $20 per year. The company operates 320 days per year.Use the information in Scenario 9.3. What is the total annual holding and ordering costs if the Universal Computer Company orders using the EOQ quantity? Group of answer choicesgreater than $7,000greater than $5,000 but less than or equal to $7,000greater than $3000 but less than or equal to $5,000less than or equal to $3,000
Annual demand D = 12000
Order cost S = $75
Holding cost H = $20
Operating days = 320 days
EOQ = sqrt(2DS / H)
= sqrt(2*12000*75 / 20)
= 300 units
Number of orders = D/EOQ = 12000/300 = 40 orders
The time between orders = operating days/number of orders
= 320 / 40
= 8 days
Annual courses, extra often honestly referred to as annuals, are periodical publications acting regularly once according to 12 months.[1] despite the fact that actual definitions can also range, styles of annuals encompass: calendars and almanacs, directories, yearbooks, annual reports, proceedings and transactions and literary annuals.[1] A weekly or month-to-month guide might also produce an Annual featuring comparable materials to the ordinary e-book. some encyclopedias have posted annual supplements that basically summarize the information of the beyond year, similar to a few newspaper yearbooks.
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where will a security plot in relation to the security market line (sml) if it has a beta of 1.1 and is overvalued? group of answer choices
When a security plot is compared to the security market line (SML), it is said to be underpriced above the SML, making it a smart investment.
A good buy is both great quality and reasonably priced.It’s simpler to spend money you don’t have if you don’t keep track of it.This way of living can easily cause money problems. B. Insufficient emergency funds and inability to pay bills.However, by understanding how to make wise purchase decisions, you can develop your financial smart.Food, drink, clothing, and housing are all necessities.It’s crucial to pay for costs like rent and mortgage payments, grocery bills, and other essentials in order to provide for your family’s fundamental needs.Be sure to consider your financial obligations.The relationship between a security’s projected return and beta is shown to be positive by the security market line (SML).A line drawn on a graph that serves as a graphical depiction of the capital asset pricing model is called the securities market line (SML) (CAPM).
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the alford group had 202,000 shares of common stock outstanding at january 1, 2021. the following activities affected common shares during the year. there are no potential common shares outstanding.
The following events during the year had an impact on common shares $1 EPS.
Why is stock used?A specific sort of financial instrument known as a stock, which is frequently traded on stock markets, symbolizes the owner's equity stake in the issuing company. To raise money to run their businesses, corporations issue shares. The two primary stock types are the categories of ordinary and preferred stock.
Briefing:Jan 1: 202,000*100% = 202,000
Feb 28: (6,000)*(10/12) = (5,000)
Oct 31: 6,000*(2/12) = 1,000
Nov 30: 24,000*(1/12) = 2,000
total WA: 202,000+(5,000)+1,000+2,000 = 200,000
$2 EPS = $400,000 net income divided by 200,000 WA shares.
In 2021, WA shares was 200,000
200,000*2(stock split) = 400,000
$400,000 net income/400,000 shares = $1 EPS
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How do you calculate discretionary cash flow?.
Discretionary cash flow is the money that remains after all capital projects and required payments, such as wages, have been funded.
What are the steps to find discretionary cash flow?Begin with the company's pre-tax earnings to calculate discretionary cash flow. Then, add all non-operating expenses back in and subtract non-operating income. Subtract any nonrecurring expenses from any nonrecurring (one-time) income. This includes costs for depreciation and amortization.DCF = net income minus depreciation and amortization, as well as other non-cash items plus working capital, i.e. (changes in the same) CAPEX - dividends receivedIn an owner-operated business, seller's discretionary earnings is a cash-flow based measure of business earnings. It includes a company's profit before taxes and interest before the owner's benefits, non-cash expenses, unusual one-time investments, and other unrelated business incomes and expenses.Non-discretionary spending is non-negotiable spending that is defined in a budget.To learn more about discretionary cash flow refer to :
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