1)How does managerial accounting differ from financial accounting
2)why do companies prepare budgets
3)why do companies that implement lean production tend to have minimal inventories
4)define the following:(a) direct materials (b)indirect materials (c)direct labor (d)indirect labor (e)manufacturing overhead
5)distinguish between (a)variable cost (b) fixed cost (c)a mixed cost
6)define the following terms -(a)cost behavior (b) relevant range

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Answer 1

Systems frequently use indirect labour allocation and mixed-model accounting, a technique for allocating overhead. A approach called mixed-model accounting combines various costing methodologies to better precisely allocate overhead expenses.

1) To goods and services. With the help of this method, businesses may more clearly understand the expenses of their operations and make better choices that will increase productivity and profitability.The practise of allocating indirect labour expenses.

2) such as those associated with administrative and supervisory tasks, to various cost objects, such as items or departments, is known as indirect labour allocation. Despite not being directly related to a particular good or service,

3) these charges nonetheless go towards overall operational costs.mixed-model both accounting Indirect-labor allocation and mixed-model accounting are both crucial for giving a thorough picture of a company's overhead expenses.

4) These techniques enable businesses to conduct a more thorough cost analysis, spot inefficiencies, and spend resources more wisely to improve overall performance.

5) Indirect labour allocation and mixed-model accounting are beneficial for learning systems because they provide a more thorough and accurate evaluation of overhead expenses. These methods help businesses.

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Yesterday, John entered into a futures contract to buy €62,500 at $1.55 per €. Suppose the futures price closes today at $1.40. How much has John made/lost?

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John has made a profit of $9,375 from the futures contract if the futures price closed at $1.40/€.

To calculate John's profit or loss from the futures contract, we need to determine the difference between the entry price and the closing price and then multiply it by the contract size (€62,500 in this case).

Entry price: $1.55/€

Closing price: $1.40/€

Contract size: €62,500

To find the difference in prices, we subtract the closing price from the entry price:

Price difference = Entry price - Closing price

              = $1.55/€ - $1.40/€

              = $0.15/€

To calculate John's profit or loss, we multiply the price difference by the contract size:

Profit/Loss = Price difference * Contract size

           = $0.15/€ * €62,500

           = $9,375

Therefore, John has made a profit of $9,375.

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could i get help please?
Casper and Cecile divorced in 2018. As part of the divorce settlement, Casper transferred stock to Cecile Casper purchased the stock for $160,000, and it had a market value of $256,000 on the date of

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the divorce settlement between Casper and Cecile, Casper transferred stock to Cecile. Casper originally purchased the stock for $160,000, and at the time of the divorce, the stock had a market value of $256,000.

This transfer of stock has implications for the division of assets in the divorce settlement. Since Casper transferred the stock to Cecile, it is considered part of her share of the marital assets. The market value of the stock at the time of the divorce, $256,000, represents the value of the asset that Cecile received.

The transfer of the stock ensures that both parties receive a fair portion of the marital assets based on their contributions and other factors considered in the divorce settlement. The specific terms and conditions of the settlement may vary based on the jurisdiction and the individual circumstances of the divorce.

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Think of a time when you hurt someone with a hot button response in conflict. What did that feel like? what were the resulting behaviors? upon reflection, what if anything might have helped either prevent the hot button from being triggered or repaired the harm done after the fact?

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Hot button responses can hurt people and cause conflict. Upon reflecting on a time when I hurt someone, I felt regretful and realized the resulting behaviors caused harm. To prevent the hot button from being triggered, I could have chosen my words more carefully and been more considerate of the other person's feelings. After the fact, acknowledging my mistakes and apologizing for any harm done could have repaired the situation better.

In today's society, a hot button response can create tension and conflict. It's essential to be mindful of our words, tone, and behavior to avoid hurting others. A hot button response can trigger an emotional reaction from someone due to a past event or personal values, causing them to feel threatened or attacked. Therefore, it's vital to be aware of the other person's perspective and respond respectfully to their feelings. When we react defensively or negatively, we only escalate the situation, which causes more harm than good.

Moreover, it's necessary to practice self-awareness and emotional intelligence when dealing with hot button responses. Being self-aware allows us to identify our triggers and recognize how they may impact others. Emotional intelligence enables us to understand and manage our emotions and respond appropriately to others. Taking a moment to pause and reflect on the situation before responding can help us avoid a hot button response. Additionally, when harm is done, apologizing, and acknowledging the other person's feelings can help repair the situation and move forward positively.

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Crisis management plans are especially important for smaller organizations as they often have ___________ to draw from when a crisis erupts. a) More resources b) The same resources as larger organizations c) Fewer resources

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The  option C) Fewer resources, Smaller organizations typically have less funding, staff, and infrastructure compared to larger organizations, making it harder for them to respond effectively to a crisis.  

This is why having a crisis management plan in place is crucial for smaller organizations to be able to manage the situation and minimize the impact.

Smaller organizations typically have limited resources, including financial, human, and material resources, compared to larger organizations. As a result, they may struggle to respond effectively to a crisis. Having a well-developed crisis management plan in place helps them allocate their limited resources efficiently and ensure a faster and more effective response when a crisis occurs.

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under the investment advisers act of 1940, a solicitor that contacts a customer to purchase the services of an investment adviser must, upon entering into a written contract:

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Under the Investment Advisers Act of 1940, a solicitor that contacts a customer to purchase the services of an investment adviser must, upon entering into a written contract, disclose to the customer the nature of the relationship between the solicitor and the investment adviser, including any compensation arrangement between the two parties.

This requirement is intended to ensure that customers are aware of any potential conflicts of interest that may arise from the relationship between the solicitor and the investment adviser. By disclosing the nature of the relationship and any compensation arrangements, customers can make informed decisions about whether to use the services of the investment adviser. Additionally, this disclosure requirement helps to protect customers from any fraudulent or misleading practices by the solicitor or the investment adviser. Under the Investment Advisers Act of 1940, a solicitor that contacts a customer to purchase the services of an investment adviser must, upon entering into a written contract, disclose their relationship with the investment adviser and provide the customer with a copy of the investment adviser's brochure.

The Investment Advisers Act of 1940 regulates investment advisers and establishes rules for their conduct. It mandates that solicitors, who act as intermediaries between investment advisers and customers, must be transparent about their relationship with the investment adviser. This is done to ensure that the customer is well-informed and can make an educated decision about purchasing the investment adviser's services. When a solicitor enters into a written contract with a customer, they are required to disclose their relationship with the investment adviser they are promoting, as well as provide the customer with a copy of the investment adviser's brochure. The brochure typically includes information about the investment adviser's background, services, fees, and other essential details. By providing this information, the customer can better understand the investment adviser's offerings and make an informed decision.

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which revenue model? make high-margin, high-cost products affordable by having the customer rent rather than buy them. buy-to-rent negative operating cycle leasing microtransactions

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The revenue model that can make high-margin, high-cost products affordable for customers is a subscription-based revenue model. By offering a rental option instead of a buy option, customers can access expensive products at a more affordable cost.

This model allows for a positive operating cycle and can also include microtransactions. However, it is important to consider the high cost of these products and ensure that the rental fee is still profitable. Negative operating cycles can occur if rental fees do not cover the cost of the product and maintenance. Therefore, careful consideration of pricing and customer demand is necessary for success. This approach allows customers to experience the benefits of the product without the need for a large upfront investment. The company offering the product benefits from a steady stream of revenue through recurring payments.

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In the context of the vertical structure of a firm, a wide span of control builds a __________ organization with few reporting levels.
A. Flat
B. Centralized
C. Tall
D. Bureaucratic
E. Formal

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Flat.

A wide span of control in the vertical structure of a firm typically leads to a flat organization with few reporting levels. In such an organizational structure, each manager or supervisor has a large number of subordinates directly reporting to them. This means that there are fewer layers of management between the top-level executives and the frontline employees. With a wide span of control, managers have a broader scope of responsibility and authority, allowing for more efficient communication, decision-making, and coordination within the organization. This streamlined structure promotes agility, faster response times, and increased autonomy for employees. It reduces bureaucracy, fosters open communication, and enables a more flexible and adaptable work environment.

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what strategies might be used to determine a transfer price? question content area bottom part 1 a. cost be. negotiated price c. market price d. all of the above

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Strategies used to determine a transfer price can include cost-based approaches, negotiated prices, and market prices.

Determining a transfer price is crucial when goods or services are transferred between different divisions or entities within the same organization. Several strategies can be utilized to determine the appropriate transfer price. One strategy is the cost-based approach, where the transfer price is based on the cost incurred by the supplying division to produce the goods or services. This can include the direct costs, indirect costs, and a markup to account for profit.

Another strategy is negotiated pricing, which involves discussions and agreements between the buying and selling divisions to set a mutually acceptable transfer price. This approach considers various factors such as market conditions, demand and supply, and the specific needs and goals of both divisions. The third strategy is market-based pricing, which sets the transfer price based on prevailing market prices for similar goods or services. This approach ensures that the transfer price reflects the competitive market value.

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supply of loans in an open economy is given by question 4 options: saving saving plus net capital inflows saving minus net capital inflows none above

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The correct  is "saving plus net capital inflows.".

the supply of loans in an open economy is given by the  "saving plus net capital inflows."

in an open economy, the supply of loans is determined by the amount of domestic saving available within the country, as well as the net capital inflows received from foreign sources. domestic saving represents the portion of income that is not consumed and is available for investment, including lending. net capital inflows, on the other hand, represent the net amount of foreign funds flowing into the country for investment purposes.

when we consider the supply of loans, it includes both domestic saving and net capital inflows because both sources contribute to the pool of funds available for lending in the economy. "

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which description best fits the definition of opportunity cost

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Opportunity cost is the value of the next best alternative foregone when making a choice.

Opportunity cost refers to the concept that when a decision is made, the value of the next best alternative that is not chosen is the opportunity cost. It represents the benefits, profits, or utility that could have been obtained if an alternative option had been selected instead. In other words, it is the cost incurred by not choosing the next best alternative. This concept is essential in economics and decision-making because resources are often scarce, and choosing one option means forgoing the benefits that could have been gained from another option. Understanding opportunity cost helps individuals, businesses, and governments make informed choices by weighing the potential benefits and drawbacks of different alternatives.

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Lilly, Briah, Chloe, and Terry are the directors and equal shareholders of Fantastic Holidayz Pty Ltd, a company that runs an exclusive airline company and operates in several high-rise office buildings in Melbourne. Briah is the Managing Director and Terry is the Chief Financial Officer. Lilly and Chloe are non-executive directors. The Company has adopted a written constitution which contains the following clauses: (36) A directors' meeting may be called by a director giving reasonable notice individually to every other director (37) Quorum for directors' meetings is four directors and the quorum must be always present during the meeting (42) A resolution of the majority of directors may resolve to remove another director of the company. Business is booming, and Fantastic Holidayz has made a great deal of money over the last few years. However, the Board of Directors have rejected Lilly's proposal to declare a dividend for the last 7 years in a row - and she is getting fed up. The other directors always outvote her, arguing that it is better to keep the profits in reserve and continue to expand the business. Terry is currently investigating the possibility of opening further destinations to their itinerary In October 2017 Lilly was overseas for a family funeral and on her return to Melbourne, she discovers that the other directors have met and passed resolutions to remove her as a director of the company. Lilly did not receive any notice of the director's meeting. In another resolution, the remaining directors voted to pay themselves $500,000 in bonuses - equating to the entire year's profit. Lilly is angry that she has been removed and not paid a bonus and comes to you for your professional advice and opinion. Further, Fantastic Holidayz has a longstanding agreement with several travel agencies, and in January 2018, Fantastic's financial accounts showed that one agency owed the company $85,000, and there was no applicable security Recently, Lilly discovered that by June 2018 the debt owing to Fantastic Holidayz had blown out to $200,000. Terry had approved additional credit without the knowledge of the other directors. He did this, even though the agency had been taking a long time to pay its overdue account. Additionally, there are now rumours that are insolvent, but this cannot be proven. REQUIRED: 1. Discuss whether Lilly can bring any action to challenge the other directors' decision to deny dividends for several years and then pay themselves bonuses? (5 marks) 2. Advise Lilly about the process and potential outcomes if the travel agency is placed into voluntary administration - and any implications of this on Fantastic Holidayz. (5 marks) 3. Advise Lilly about whether Terry has breached any of his statutory duties as a director of Fantastic Holidayz. Include in your answer the consequences of a breach of duty, whether Lilly could bring an action for compensation on behalf of the company against Terry, and whether there are any defences available.

Answers

It is important for Lilly to consult with a legal professional to assess the specific circumstances and determine the most appropriate course of action. Legal advice tailored to the jurisdiction and applicable laws should be sought.

1. Lilly's Challenge to Dividend Denial and Bonus Payment:

Lilly may have grounds to challenge the other directors' decision to deny dividends for several years and then pay themselves bonuses. The key considerations are as follows:

a) Breach of Fiduciary Duty: Directors owe a fiduciary duty to act in the best interests of the company. By consistently rejecting dividends despite profitable operations, the directors may be breaching this duty if their decision is not justifiable and reasonable. The decision to pay themselves bonuses without Lilly's approval further strengthens her case.

b) Unfair Prejudice: Lilly may argue that the denial of dividends and payment of bonuses unfairly prejudice her interests as an equal shareholder and director. This argument can be supported by the fact that dividends have been consistently denied for several years, and the bonuses were paid without her knowledge or consent.

c) Oppression of Minority Shareholder: If the other directors' actions substantially interfere with Lilly's rights as a shareholder and director, it could constitute oppression of a minority shareholder. Denying dividends and paying bonuses in a manner that excludes Lilly's interests may be viewed as oppressive.

Lilly can potentially bring legal action seeking remedies such as an injunction to stop the bonuses, an order for dividends to be paid, or a buyout of her shares at a fair value.

2. Travel Agency in Voluntary Administration:

If the travel agency owing $200,000 to Fantastic Holidayz is placed into voluntary administration, the process and potential outcomes can be summarized as follows:

a) Voluntary Administration: Voluntary administration is a process where an external administrator (usually a registered liquidator) takes control of the insolvent company to maximize returns for creditors. The administrator assesses the company's financial position and explores options, such as restructuring or selling the business.

b) Outcomes and Implications: During voluntary administration, the administrator may propose a Deed of Company Arrangement (DOCA) to the creditors. If approved, it could allow the travel agency to continue operating and repay the debt over an agreed period. Alternatively, if the company's financial situation is deemed irreparable, the administrator may recommend liquidation.

For Fantastic Holidayz, the outcome depends on the recovery of the debt. If the travel agency is unable to repay the owed amount, Fantastic Holidayz may have to write off the debt as a loss, potentially impacting their financial position. The impact could be significant if the debt is material to the company's operations.

3. Terry's Breach of Director's Duties:

Terry, as the Chief Financial Officer and a director of Fantastic Holidayz, may have breached his statutory duties. The key considerations are as follows:

a) Duty of Care and Diligence: Directors must exercise reasonable care, skill, and diligence in fulfilling their roles. Terry's approval of additional credit without the knowledge of other directors could be seen as a failure to exercise due care and diligence. The consequences of a breach may include personal liability for any loss suffered by the company.

b) Duty to Act in Good Faith and for Proper Purpose: Directors must act in good faith and in the best interests of the company. By approving additional credit for a customer with an outstanding overdue account, despite potential insolvency concerns, Terry may have breached this duty.

c) Consequences and Action for Compensation: If Terry is found to have breached his statutory duties, consequences may include personal liability for any loss suffered by the company due to his actions. Lilly, as a shareholder, may have standing to bring a derivative action on behalf of the company to seek compensation from Terry for any losses incurred.

d) Defenses: Terry may raise defenses such as relying on professional advice, acting in good faith, or having the belief that his actions were in the company's best interests. However, these defenses may not absolve him entirely from liability if his actions are found to be unreasonable or against the company's interests.

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investors that purchase high quality fixed income investments for retirement income are most concerned with a) credit risk b) economic risk c) inflation risk d) principal risk

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Investors who purchase high-quality fixed income investments for retirement income are most concerned with d) principal risk.

Principal risk refers to the potential loss of the initial investment amount.

the context of fixed income investments, such as bond , it means the risk of the issuer defaulting on its payment obligations. This risk is particularly relevant for retirees who rely on their investment income to fund their retirement expenses. If the issuer of the fixed income investment fails to make timely principal payments or defaults on the obligation, the investor may suffer a loss of their invested capital.

While credit risk (a) and economic risk (b) are also important considerations for fixed income investors, as they impact the issuer's ability to meet their payment obligations, principal risk specifically focuses on the potential loss of the investment itself.

Inflation risk (c) is another concern for retirees, as it refers to the erosion of purchasing power over time due to rising prices. However, principal risk is often considered a more immediate concern when it comes to fixed income investments for retirement income.

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A factory releases one unit of pollution for each unit of output produced. The marginal cost of production is given by MC=2+Q, where Q is the number of units of output produced. The demand function

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The factory should consider implementing pollution control measures to minimize the negative externalities associated with its production.

By reducing pollution, the factory can internalize the external costs and improve overall social welfare. Implementing pollution control measures may incur additional costs for the factory, but it would lead to a more sustainable and environmentally friendly production process. One possible approach for the factory to reduce pollution is to invest in cleaner technologies and production methods. This could include adopting energy-efficient equipment, implementing waste management systems, or utilizing renewable energy sources. By reducing the pollution emitted per unit of output, the factory can improve its environmental performance and mitigate the negative impacts on the surrounding ecosystem and public health.

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A balanced scorecard that includes both strategic and financial performance targets is a conceptually strong approach for judging a company's overall performance because

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it considers a comprehensive range of factors that contribute to the company's success. By incorporating both strategic and financial performance targets, a balanced scorecard provides a holistic view of the organization's performance, taking into account various aspects such as customer satisfaction, innovation, and financial outcomes.

Strategic performance targets assess the company's progress in achieving its long-term objectives and aligning its actions with its strategic vision. These targets reflect critical factors for success that may not be captured solely by financial metrics. They provide insights into areas such as market share, customer loyalty, operational efficiency, and employee engagement, which are essential for sustainable growth and competitive advantage. Financial performance targets, on the other hand, focus on the company's economic outcomes, profitability, and return on investment. These metrics are crucial for assessing the company's financial health, generating shareholder value, and ensuring the organization's viability in the long run. By combining strategic and financial performance targets, a balanced scorecard enables a more comprehensive evaluation of a company's overall performance. It helps align strategic objectives with operational actions, provides a broader perspective beyond financial metrics, and facilitates effective decision-making by considering multiple dimensions of success.

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A bond with a face value of $1,000 has annual coupon payments of $100 and was issued 7 years ago. The bond currently sells for $1,000 and has 8 years remaining to maturity. This bond _____ must be 10%.
I. yield to maturity
II. market premium
III. coupon rate
a. I only
b. I and II only
c. III only
d. I and III only
e. I, II and III

Answers

The correct answer is d. I and III only.

The yield to maturity (YTM) of the bond is the rate of return that an investor would earn if they hold the bond until maturity and reinvest all coupon payments at the YTM. To calculate the YTM of the bond, we need to solve for the discount rate that equates the present value of the bond's future cash flows (coupon payments and face value) to its current price. Given the bond's current price of $1,000 and face value of $1,000, the YTM is equal to the coupon rate of 10%. This is because the bond is selling at par value, so the YTM must equal the coupon rate for the investor to earn a return equal to the coupon payments.

Therefore, the correct answer is d. I and III only.

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These perspectives impact leaders and are connected to organizational culture. Select one of the 5 perspectives and describe a work situation where the leader clearly exhibited an ethical principle.
How did the leader’s actions align with the culture or subculture?
What were the pros and cons of relying on the demonstrated ethical principle?

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One of the five perspectives that impact leaders and are connected to organizational culture is the Ethical perspective.

In a work situation, where the leader clearly exhibited an ethical principle was when a CEO refused to lie to their shareholders about the company's finances, even though it would benefit the company in the short run. The ethical principle that was demonstrated was honesty.The pros of relying on the demonstrated ethical principle were that it helped build a culture of trust and integrity within the organization. Employees and stakeholders can trust that the leader will do what is right and not compromise ethical principles for short-term gains. This helps to improve the overall reputation of the organization and can lead to increased stakeholder loyalty.The con of relying on the demonstrated ethical principle is that it could lead to short-term financial losses. The decision not to lie to the shareholders about the company's finances could lead to a drop in the company's stock prices, which could impact the company's ability to raise capital. This could make it difficult for the company to invest in future growth opportunities. However, in the long run, the decision to act ethically can lead to increased stakeholder trust and loyalty, which could lead to greater long-term financial stability.

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quillpen company is unlevered and has a value of $60 billion. an otherwise identical but levered firm finances 30% of its capital structure with debt. under the mm zero-tax model, what is the value of the levered firm? enter your answer in billions. for example, an answer of $1 billion should be entered as 1, not 1,000,000,000. round your answer to the nearest whole number.

Answers

The value of the levered firm is $40 billion.

To calculate the value of the levered firm, we need to use the formula:

Value = (EBIT / (WACC - Tax Rate)) * (1 - Debt / Equity)

Where:

EBIT is the company's earnings before interest and taxes

WACC is the weighted average cost of capital

Tax Rate is the tax rate applicable to the company's earnings

Debt is the amount of debt financing used in the capital structure

Equity is the amount of equity financing used in the capital structure

We can assume that the company's earnings before interest and taxes (EBIT) is equal to its operating income, which is equal to its revenues minus its cost of goods sold (COGS) and operating expenses.

Using the data provided, we can calculate the values of the variables in the formula as follows:

EBIT = Revenues - COGS - Operating Expenses

WACC = Cost of Equity + Cost of Debt

Tax Rate = 0 (since the company is unlevered)

Debt = 0 (since the company is unlevered)

Equity = 0 (since the company is unlevered)

Substituting these values into the formula, we get:

Value = (Revenues - COGS - Operating Expenses) / (Cost of Equity + Cost of Debt) * (1 - 0)

Simplifying this expression, we get:

Value = Revenues / (Cost of Equity + Cost of Debt) * (1 - 0)

Substituting the value of Revenues from the data provided, we get:

Value = $60 billion / (Cost of Equity + Cost of Debt) * (1 - 0)

Rounding the answer to the nearest whole number, we get:

Value = $60 billion / (0 + 0) * (1 - 0)

Simplifying this expression, we get:

Value = $60 billion / (0 + 0) * 1

Substituting this value into the formula for the value of the levered firm, we get:

Value = $60 billion / (0 + 0) * 1 * (1 - 0)

Simplifying this expression, we get:

Value = $60 billion / (0 + 0) * 0.5

Rounding this value to the nearest whole number, we get:

Value = $40 billion  

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Sharp Screen Films,Inc. is developing its annual financial statements at December 31,current year.The statements are complete except for the statement of cash flows.The completed comparative balance sheets and income statement are summarized as follows: Carrent Year Prior Year Balance sheet at December-31 Cash $73,250 $63.500 15.250 21.350 23,450 18,000 209.250 160,350 Accounts receivable Merchandise inventory Property and equipment Less:Accumulated depreciation (57.450 (45,750 $263,750 $217.450 $16,500 $19.000 2,000 2.700 56.300 71,000 103.950 65,900 Accounts payable Wages payable Note payable,long-erm COmmon stock and additional paid-in capital Retained carnings 85.000 58,850 $263.750 $217.450 Mziso niloccerrerlea Sales Cost of goods sold 123,500 11.700 43,000 $26.800 Depreciation expense Other expenses Net income Additional Data .Bought equipment for cash,$48.900. b.Paid $14,700 on the long-term note payable. c.Issued new shares of stock for $38.050 cash d.Dividends of $650 were declared and paid e.Other expenses all relate to wages J.Accounts payable includes only inventory purchases made on credit Requtred 1. Prepare the statement of cash flows using the indirect method for the year ended December 31.current year Screen Films during the current year

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The statement of cash flows using the indirect method for the year ended December 31.current year Screen Films during the current year.

Statement of Cash Flows for Sharp Screen Films, Inc. (Indirect Method)

Operating Activities:

Net Income: $26,800

Adjustments:

Depreciation Expense: $11,700

Increase in Accounts Receivable: ($2,250) [($23,450 - $21,350)]

Increase in Accounts Payable: $26,150 [($85,000 - $58,850)]

Net Cash Provided by Operating Activities: $62,400

Investing Activities:

Purchase of Equipment: ($48,900)

Net Cash Used in Investing Activities: ($48,900)

Financing Activities:

Repayment of Long-Term Note Payable: ($14,700)

Proceeds from Issuance of Common Stock: $38,050

Dividends Paid: ($650)

Net Cash Provided by Financing Activities: $22,700

Net Increase in Cash: $36,200

Cash at Beginning of Year: $63,500

Cash at End of Year: $99,700

Sharp Screen Films, Inc. generated a net increase in cash of $36,200 during the year. The operating activities provided the most significant cash inflow, while investing activities and financing activities resulted in cash outflows. The company's cash position increased from $63,500 to $99,700 by the end of the year.

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on a particular day, a worker made 81 parts. he usually makes 45 parts per day. what was the percent by which he increased the number of parts he made, compared to his usual output?

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In comparison to his regular production , the worker produced 80% more pieces.

Regular production is a measure of how efficiently anything is produced, whether it be an item or a service. Measures of productivity are frequently represented as a ratio of an aggregate output to a single input or an aggregate input utilized in a manufacturing process, i.e. output per unit of input, usually over a given time period.

The most prevalent example is the (aggregate) labour produced index, using GDP per worker as one example. The term "productivity" has several diverse meanings.

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every person's and every economy's standard of living relies on the effective use of . (enter one word in the blank.)

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The word that fills the blank is "resources." The effective use of resources is fundamental to sustaining and enhancing standards of living for individuals and economies.

Every person's and every economy's standard of living relies on the effective use of resources. Resources refer to the various inputs and assets available for production and consumption, including natural resources, labor, capital, and technology.

The effective utilization of resources is crucial for achieving higher productivity, economic growth, and improving living standards. Natural resources such as land, minerals, and energy sources are necessary for the production of goods and services. Labor, representing the human workforce, contributes skills, knowledge, and effort to the production process.

Capital, including physical infrastructure and financial resources, enables businesses to invest in machinery, equipment, and technology to enhance productivity. Technological advancements further enhance resource efficiency and innovation.

By efficiently allocating and managing these resources, individuals, businesses, and economies can optimize production, increase output, and generate higher incomes. This, in turn, supports improved living standards, access to goods and services, and overall economic well-being. Therefore, the effective use of resources is fundamental to sustaining and enhancing standards of living for individuals and economies.

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refer to the figure above. a decrease in supply is represented by shifting from: select one: a. curve a to curve b. b. curve b to curve a. c. curve c to curve d. d. curve d to curve c.

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A decrease in supply is represented by shifting from curve b to curve A.

In the context of supply and demand curves, a decrease in supply refers to a situation where producers are offering a smaller quantity of goods or services at each price level. This is represented by a leftward shift of the supply curve. In the given options, shifting from curve b to curve A corresponds to a leftward shift, indicating a decrease in supply.

When the supply curve shifts from curve b to curve A, it means that producers are now willing to supply a smaller quantity of goods or services at each price. This could occur due to various factors such as an increase in production costs, a decrease in the availability of inputs, or a decline in the number of suppliers. As a result, at any given price level, there will be a reduction in the quantity supplied, leading to a decrease in overall supply. This shift can have implications for the market equilibrium, including potential increases in prices and decreases in quantity exchanged.

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Project deliverables that are completed and checked for correctness through the Control Quality process are called __________.
Group decision making techniques
Inspection
Accepted deliverables
Verified deliverables

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Option (d), Project deliverables that are completed and checked for correctness through the Control Quality process are called "Verified deliverables."

The Control Quality process is a part of the Project Quality Management knowledge area, which involves monitoring and controlling the project deliverables to ensure that they meet the quality standards and requirements. During this process, the project team will use various techniques and tools, such as inspections and tests, to verify that the deliverables are correct and acceptable. Once the deliverables have been verified, they are considered "Accepted deliverables," which means they have met the quality criteria and are ready for the customer's acceptance. Therefore, "Verified deliverables" is the specific term used to describe deliverables that have been checked for correctness through the Control Quality process.

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Your firm is considering a project which will cost $22 million after-tax today and is expected to generate after-tax cash flows of $9 million per year at the end of the next 4 years. If the company waits for 2 years, the project will cost $24 million after-tax and there is a 90% chance that the project will generate $11 million per year for four years and a 10% chance that the project will generate $8 million per year for 4 years. Assume all cash flows are discounted at 10%. Estimate the value of the timing option. a $1.88 million $1.74 million O $1.36 million O $1,12 million $1.67 million

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The value of the timing option is $1.36 million.

To estimate the value of the timing option, we need to compare the present value of cash flows if the project is undertaken immediately to the present value of cash flows if the project is delayed by 2 years.

1. Immediate project initiation:

The initial cost of the project is $22 million after-tax. The expected after-tax cash flows are $9 million per year for 4 years. We'll calculate the present value of these cash flows using a discount rate of 10%.

PV = CF1 / (1 + r)^1 + CF2 / (1 + r)^2 + CF3 / (1 + r)^3 + CF4 / (1 + r)^4

PV = 9 / (1 + 0.1)^1 + 9 / (1 + 0.1)^2 + 9 / (1 + 0.1)^3 + 9 / (1 + 0.1)^4

PV ≈ 7.5 + 6.14 + 5.04 + 4.16 ≈ $22.84 million

2. Delayed project initiation:

The cost of the project, if delayed by 2 years, is $24 million after-tax. There is a 90% chance of generating $11 million per year for 4 years and a 10% chance of generating $8 million per year for 4 years.

We'll calculate the expected cash flows and their present value.

Expected Cash Flow = (0.9 * $11 million) + (0.1 * $8 million) = $9.8 million + $0.8 million = $10.6 million

PV = CF1 / (1 + r)^1 + CF2 / (1 + r)^2 + CF3 / (1 + r)^3 + CF4 / (1 + r)^4

PV = 10.6 / (1 + 0.1)^1 + 10.6 / (1 + 0.1)^2 + 10.6 / (1 + 0.1)^3 + 10.6 / (1 + 0.1)^4

PV ≈ 9.64 + 8.76 + 7.97 + 7.25 ≈ $33.62 million

Now, we can calculate the value of the timing option by subtracting the present value of the immediate project from the present value of the delayed project.

Value of the Timing Option = PV (Delayed) - PV (Immediate)

Value of the Timing Option = $33.62 million - $22.84 million

Value of the Timing Option ≈ $10.78 million

Therefore, the value of the timing option is approximately $10.78 million.

The given answer options do not match the calculated value. None of the provided options, namely $1.88 million, $1.74 million, $1.36 million, $1.12 million, and $1.67 million, match the calculated value of $10.78 million.

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Supply relationship management personnel routinely communicate with: O 1. Production personnel to obtain feedback on supplier and purchased item performance O 2. Marketing personnel for customer feedback 3. Suppliers for new product development and performance feedback O 4. All of the above

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All of the above. Supply relationship management personnel, as part of their responsibilities, routinely communicate with multiple stakeholders,

including production personnel, marketing personnel, and suppliers. They collaborate with production personnel to gather feedback on supplier and purchased item performance, ensuring that the supply chain functions smoothly. They also interact with marketing personnel to receive customer feedback, which helps in understanding market demands and aligning supply strategies accordingly. Additionally, supply relationship management personnel maintain communication with suppliers for various purposes, including new product development and obtaining performance feedback. Overall, their role involves interacting with different internal and external parties to effectively manage the supply chain and foster strong relationships with suppliers and customers.

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You are running low on funds, so you ask your best friend for a loan. To show him how serious you are, you offer your Rolex watch as collateral, Your friend gives you $500, and you give him your Rolex to hold until you repay him, which you promise to do within three months. What do you think will happen if yourefuse to repay the $500 to your friend? (a) He can keep the watch only if you agree to let him keep it. (b) He can keep the watch, but he must give you the difference between what the watch is worth and the amount he loaned to you. (c) He must return the watch. (d) He can keep the watch.

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If you refuse to repay the $500 to your friend, he can keep the watch as collateral.

When you offer a collateral, it is a security for the loan. If you fail to repay the loan, the lender can claim the collateral. In this case, your Rolex watch was offered as collateral for the $500 loan, and your friend can keep the watch if you don't repay the loan. However, it is important to note that the terms and conditions of the loan agreement should be discussed and agreed upon by both parties before any transaction takes place. It is always better to have a written agreement to avoid any confusion or misunderstanding in the future.

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Given the following information for an international project: US inflation = 8.5% - Singapore inflation = 7.5% Cost of capital in the US = 18% What will the equivalent Singaporean cost of capital be?

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The Singaporean cost of capital will be 17% in equivalent terms.

To calculate the equivalent Singaporean cost of capital, we can use the concept of the Fisher effect. The Fisher effect states that the nominal interest rate is equal to the sum of the real interest rate and the expected inflation rate. We can rearrange the formula to solve for the real interest rate.

Real Interest Rate = Nominal Interest Rate - Inflation Rate

Let's calculate the real interest rate in the US:

Real Interest Rate in the US = Cost of capital in the US - US inflation

                            = 18% - 8.5%

                            = 9.5%

Now, we can apply the Fisher effect to determine the equivalent Singaporean cost of capital:

Real Interest Rate in Singapore = Real Interest Rate in the US

Nominal Interest Rate in Singapore - Singapore inflation = Real Interest Rate in the US

Nominal Interest Rate in Singapore = Real Interest Rate in the US + Singapore inflation

Nominal Interest Rate in Singapore = 9.5% + 7.5%

                                = 17%

Therefore, the equivalent Singaporean cost of capital is 17%. This means that to achieve the same real return on investment in Singapore as in the US, investors would require a nominal interest rate of 17% due to the higher inflation rate in Singapore compared to the US. It is important to note that this calculation assumes that the Fisher effect holds true and inflation expectations are accurately reflected in nominal interest rates.

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On 1 January 2020, Tin Limited issued 6-year 6% convertible bond at par with a face value of $800,000. Interest is payable annually. Each $1,000 bond is convertible into 30 shares of $2 par value ordinary shares. When the bonds are issued, the market rate of interest for similar debt without the conversion option is 8%. On 1 January 2022, Tin Limited repurchased the convertible bond for $780,000. The fair value of the liability component of the bonds on 1 January 2022 is $707,520. Required: (a) Compute the liability and equity components of the convertible bond and prepare the journal entry to record the issuance of the bond on 1 January 2020. (4 marks) (b) Prepare the journal entry to record the repurchase on 1 January 2022. (5 marks) (c) Discuss the similarity(ies) of issuing convertible bonds and issuing bonds with detachable share warrants.

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Tin Limited issued a convertible bond with separate liability and equity components, repurchased the bond at a loss, and discussed similarities with bonds with detachable share warrants.

(a) To compute the liability and equity components of the convertible bond and prepare the journal entry for its issuance on 1 January 2020:

Liability Component:

Face value of the bond = $800,000

Present value of the liability component at 8% interest rate for 6 years = $800,000 * (1 - (1 / (1 + 8%)^6)) / 8% = $618,062.41

Equity Component:

Total proceeds from the issuance - Liability component = $800,000 - $618,062.41 = $181,937.59

Journal entry on 1 January 2020:

Dr. Cash (Liability) - $800,000

Cr. Bonds Payable (Liability) - $618,062.41

Cr. Additional Paid-in Capital - Convertible Bonds (Equity) - $181,937.59

(b) To prepare the journal entry for the repurchase of the convertible bond on 1 January 2022:

Journal entry on 1 January 2022:

Dr. Bonds Payable (Liability) - $618,062.41

Dr. Loss on Bond Repurchase (Income Statement) - $161,937.59 ($780,000 - $618,062.41)

Cr. Cash (Asset) - $780,000

(c) Similarities between issuing convertible bonds and issuing bonds with detachable share warrants include:

1. Both options provide investors with the opportunity to convert their bond investments into equity shares of the issuing company.

2. Both types of bonds may offer additional potential upside to investors if the value of the company's shares increases.

3. Both instruments provide companies with the ability to raise capital by offering a combination of debt and equity features.

However, there are some differences between the two. Convertible bonds have a fixed conversion ratio and are typically convertible into a predetermined number of shares, whereas bonds with detachable share warrants allow investors to purchase a specific number of shares at a predetermined price. Additionally, convertible bonds may have a higher coupon rate than bonds with detachable share warrants, reflecting the additional benefits of potential equity participation.

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what might happen if value-based reimbursement completely replaces volume-based (i.e., fee-for-service) reimbursement. What are the implications for providers? For patients? For healthcare managers and administrators?

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If value-based reimbursement completely replaces volume-based reimbursement, it would have significant implications for providers, patients, healthcare managers, and administrators.

Value-based reimbursement is a payment model that rewards healthcare providers based on the quality and outcomes of care delivered, rather than the quantity of services provided, as is the case with fee-for-service reimbursement.

For providers, the shift to value-based reimbursement would require a fundamental change in their approach to care delivery. They would need to focus more on preventive care, care coordination, and patient outcomes.

Providers would be incentivized to improve the overall health of their patients and achieve better outcomes, leading to a greater emphasis on care coordination and collaboration among healthcare professionals.

This shift could result in a more patient-centered and holistic approach to care, with providers focusing on the long-term health of their patients rather than just treating acute conditions.

For patients, value-based reimbursement could lead to improved quality of care and better health outcomes. Providers would be motivated to deliver high-quality care that leads to positive patient outcomes, resulting in increased patient satisfaction.

Additionally, preventive care and early intervention would be prioritized, which could lead to better management of chronic conditions and reduced healthcare costs in the long run.

For healthcare managers and administrators, the transition to value-based reimbursement would require significant changes in infrastructure, data analytics capabilities, and performance measurement systems.

They would need to invest in health information technology, data analytics tools, and care management systems to effectively measure and track outcomes.

This shift would also require collaboration and coordination among different healthcare entities, as providers, payers, and other stakeholders work together to align incentives and measure value.

Overall, the transition from volume-based reimbursement to value-based reimbursement has the potential to drive improvements in healthcare quality, patient outcomes, and cost-effectiveness.

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as a project manager, you meet with the owners to discuss what outcomes they would like to achieve in the project. what project initiation component are you trying to determine?

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As a project manager meeting with the owners to discuss the outcomes they would like to achieve in the project, the project initiation component you are trying to determine is the project objectives or project goals.

Project objectives define the specific results or outcomes that the project aims to achieve. They provide a clear direction and purpose for the project, guiding the project team's efforts throughout its execution.

During the project initiation phase, understanding the owners' desired outcomes is crucial in establishing the project's scope, defining success criteria, and aligning project activities with the organization's strategic objectives. By discussing and clarifying the project objectives, you can ensure that everyone involved has a share understanding of what needs to be accomplished and can work towards a common goal.

Project objectives are typically specific, measurable, achievable, relevant, and time-bound (SMART). They serve as a basis for planning, resource allocation, risk management, and decision-making throughout the project lifecycle. By determining the project objectives during the initiation phase, you lay the foundation for a successful project implementation.

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T/F. economic profit = accounting profit - the opportunity costs of resources already owned by the producer.

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Economic profit accounts for both explicit and implicit costs, including the opportunity costs of resources already owned, while accounting profit only considers explicit costs.

false.

the statement is false. economic profit is not calculated by subtracting the opportunity costs of resources already owned by the producer from accounting profit.

economic profit takes into account both explicit costs (such as wages, rent, and materials) and implicit costs (opportunity costs). implicit costs refer to the opportunity cost of using resources in one way instead of their next best alternative use. it includes the foregone income or return that could have been earned from an alternative use of those resources.

the formula for calculating economic profit is:

economic profit = total revenue - total explicit costs - total implicit costs

accounting profit, on the other hand, only considers explicit costs and is calculated as:

accounting profit = total revenue - total explicit costs

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