Drivers of the growth of international acquisitions include all of the following except:_________.
1. the need to grow the business to compete with other global firms.
2. to acquire assets and resources needed to compete.
3. a faster way to develop a presence in the local market.
4. the desire to develop all of the required resources internally.

Answers

Answer 1

Answer:

the desire to develop all of the required resources internally.

Explanation:


Related Questions

In 2014, Elbert Corporation had net cash provided by operating activities of 531,000; net cash used by investing activities of 963,000; and net cash provided by financing activities of 585,000. At January 1, 2014, the cash balance was 333,000. Compute the December 31 2014, cash.

Answers

Answer:

December 31 2014, cash = $486,000

Explanation:

To solve this, we will classify the particulars as either income or expenditure,and find the difference. This is shown below:

Particulars                          income($)                 expenditure($)

operating activities            531,000                     -

investing activities             -                                  963,000

financing activities             585,000                    -

January 1 cash balance     333,000                     -

Total                                   1,449,000                  963,000

∴ net cash available on December 31 2014 = Total income - expenditure

= 1,449,000 - 963,000 = $486,000

The Callie Company has provided the following information: Operating expenses were $244,000; Cost of goods sold was $378,000; Net sales were $940,000; Interest expense was $47,000; Gain on sale of a building was $84,000; Income tax expense was $142,000. What was Callie's gross profit

Answers

Answer:

Callie's Gross Profit is $562000

Explanation:

Gross profit is the profit earned by a business after deducting the costs associated with producing or selling its goods (for manufacturing and trading businesses) or the costs associated with providing the services (for service businesses) from the net revenue.

It is the profit from the trading section of the business before deducting the operating and financing expenses of the business and before adding any other income.

The gross profit is simply calculated as follows,

Gross Profit = Net Revenue - Cost of Goods Sold

Callie's gross profit = 940000 - 378000

Callie's Gross Profit = 562000

A company started the year with the following: Assets $121,000; Liabilities $41,500; Common Stock $71,500; Retained Earnings $8,000. During the year, the company earned revenue of $6,400, all of which was received in cash, and incurred expenses of $3,700, all of which were unpaid as of the end of the year. In addition, the company paid dividends of $2,400 to owners. Assume no other activities occurred during the year. The amount of liabilities at the end of the year is

Answers

Answer:

$45,200

Explanation:

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

Liabilities = $41,500

Expense incurred during year = $3,700

So, we can calculate the total amount of liabilities by using the following formula:

Liabilities at the end of the year = Liabilities  + Expense incurred

Liabilities at the end of the year = $41,500 + $3,700

= $45,200

On June 30, 2010, Microsoft Corporation was holding $4.8 billion of cash that it had collected from customers in advance for future software licenses and the future delivery of other products and services. In its financial statements, Microsoft classified and recorded this amount as

Answers

Answer: O the liability Unearned Revenue on its balance sheet.

Explanation:

Unearned Revenue is a liability that goes into the balance sheet to record the cash received for goods and/or services that the company have not delivered yet.

This is so that the company is not in violation of the Accrual Accounting concept known as the Revenue Recognition Principle that states that revenue should be recognised only in the period that they have been earned.

Microsoft in this scenario will record this cash as an Unearned Revenue and then consider it revenue when it has delivered the said goods and services.

A company's beginning Work in Process inventory consisted of 21,500 units that were 20% complete with respect to direct labor. These beginning units were completed and another 92,400 units were started during the current period. Of those started, 61,500 were finished and the remaining 30,900 were 40% complete at the end of the period. Using the weighted-average method, the equivalent units of production with regard to direct labor were:

Answers

Answer:95,360 units.

Explanation:The  equivalent unit of production shows the quantity of work done by a manufacturing company  on units of output partially completed at the end of a period.

Equivalent units of production =Units completed(work n progress at beginning + finished goods)+Ending work in progess

=(21,500+61, 500)+(30,900×40%)

=83,000 +  12,360

=95,360 units.

The equivalent units of production for conversion is 95,000 units.

Gelb Company currently manufactures 53,500 units per year of a key component for its manufacturing process. Variable costs are $2.95 per unit, fixed costs related to making this component are $67,000 per year, and allocated fixed costs are $64,500 per year. The allocated fixed costs are unavoidable whether the company makes or buys this component. The company is considering buying this component from a supplier for $3.50 per unit. Calculate the total incremental cost of making 53,500 units and buying 53,500 units. Should it continue to manufacture the component, or should it buy this component from the outside supplier

Answers

Answer and Explanation:

The computation of the total incremental cost is shown below;

For making 53,500 units

Particulars Relevant     Relevant            Total

                       Per Unit    Fixed Costs        Relevant Costs

Variable Cost

Per Unit           $2.95                          $157,825

                                                                    (53,500 units × $2.95)

Fixed

Manufacturing

Costs                        $67,000           $67,000

Total Incremental Costs to Make  $224,825

For making 53,500 units

Particulars Relevant     Relevant            Total

                       Per Unit    Fixed Costs        Relevant Costs

Purchase

Price

Per Unit        $3.50                                  $187,250

                                                                    (53,500 units × $3.50)

Total Incremental Cost to Buy   $187,250

The company should buy the component from the outside supplier as it saves the cost for ($224,825 - $187,250) = $37,575 plus the buying cost is less than the making cost

nted below is information related to Viel Company at December 31, 2020, the end of its first year of operations. Sales revenue $310,000 Cost of goods sold 140,000 Selling and administrative expenses 50,000 Gain on sale of plant assets 30,000 Unrealized gain on available-for-sale debt investments 10,000 Interest expense 6,000 Loss on discontinued operations 12,000 Dividends declared and paid 5,000 Instructions Compute the following: (a) income from operations, (b) net income, (c) comprehensive income, and (d) retained earnings balance at December 31, 2020. (Ignore income tax effects.)

Answers

Answer:

Viel Company

(a) Income from operations:

Sales revenue                    $310,000

Cost of goods sold              140,000

Selling & admin. expenses  50,000

Income from operations  $120,000

(b) Net income:

Sales revenue                                 $310,000

Cost of goods sold                          -140,000

Selling & admin. expenses               -50,000

Income from operations                $120,000

Gain on sales of plant assets            30,000

Interest Expense                                 -6,000

Loss on discontinued operations     -12,000

Net Income                                     $132,000

(c) Comprehensive Income

Sales revenue                                  $310,000

Cost of goods sold                           -140,000

Selling & admin. expenses               -50,000

Income from operations                $120,000

Gain on sales of plant assets            30,000

Interest Expense                                 -6,000

Loss on discontinued operations     -12,000

Net Income                                     $132,000

Unrealized Gain on Investments      -10,000

Comprehensive Income              $122,000

(d) Retained Earnings balance at December 31, 2020:

Comprehensive Income     $122,000

less Dividends                           5,000

Retained Earnings Balance $117,000

Explanation:

a) Income from operations is the income generated from running the primary business and excludes income from other sources. For example, gains or losses from asset disposal and discontinued operations, and interest expense.

b) Net Income is the income from operations, including other sources of income, after adding or deducting non-operating gains or losses and interests.

c) Comprehensive income equals net income and unrealized income, such as unrealized gains or losses, and other non-operating gains and losses.

Assume that Kish Inc. hired you as a consultant to help estimate its cost of capital. You have obtained the following data: D0 = $0.90; P0 = $27.50; and g = 7.00% (constant). Based on the DCF approach, what is the cost of equity from retained earnings?

Answers

Answer:

The cost of equity from retained earnings based on the DCF approach is 10.50%

Explanation:

In order to calculate the cost of equity from retained earnings based on the DCF approach we would have to calculate the following formula:

Cost of Equity = (D1/P0) + growth rate

Cost of Equity =[($0.9 x 1.07)/$27.50] + 0.07

Cost of Equity = 0.1050

Cost of Equity =10.50%

Therefore, The cost of equity from retained earnings based on the DCF approach is 10.50%

You are an international shrimp trader. A food producer in the Czech Republic offers to pay you 2.3 million Czech koruna today in exchange for a​ year's supply of frozen shrimp. Your Thai supplier will provide you with the same supply for 2.8 million Thai baht today. If the current competitive market exchange rates are 25.49 koruna per dollar and 39.31 baht per​ dollar, what is the value of this​ deal?

Answers

Answer:

$19,002.77

Explanation:

The computation of the value of deal is shown below:

The value of the deal = Sales revenue - purchase cost

where,

Sales revenue is

= 2,300,000 ÷ 25.49 koruna per dollar

= $90,231.46

And, the purchase cost is

= 2,800,000 ÷ 39.31 baht per​ dollar

= $71,228.69

So, the value of the deal is

= $90,231.46 - $71,228.69

= $19,002.77

hence, the value of the deal is $19,002.77

CommercialServices Corporation provides business-to-business services on the Internet. Data concerning the most recent year appear below: Sales $ 3,000,000 Net operating income $ 150,000 Average operating assets $ 750,000 The following questions are to be considered independently. Garrison 16e Rechecks 2019-01-10 Required: 1. Compute the company's return on investment (ROI).

Answers

Answer:

The answer is 0.20 or 20%

Explanation:

Solution

Given that:

The sales = $ 3,000,000

The Net operating income= $150,000

The Average operating assets =$ 750,000

The next step is to calculate the company return rate of investment

Thus,

The return of investment is stated as follows:

the return of investment = Net operating income divided by the average operating assets * 100

= $150,000/$750,000

= 0.2 * 100

= 20 %

Therefore, the company's ROI is 20%

Helix Company has been approached by a new customer to provide 2,000 units of its regular product at a special price of $6 per unit. The regular selling price of the product is $8 per unit. Helix is operating at 75% of its capacity of 10,000 units. Identify whether the following costs are relevant to Helix's decision as to whether to accept the order at the special selling price. No additional fixed manufacturing overhead will be incurred because of this order. The only additional selling expense on this order will be a $0.50 per unit shipping cost. There will be no additional administrative expenses because of this order. Calculate the operating income from the order.

Answers

Answer:

Helix decision would be to accept this order at the special price because from the calculations they will still have a net income of $2,000 at this special price of $6 per unit

Explanation:

Selling price: at $6 per unit; This is a relevant cost ; Revenue = ($6*2000) units) $12,000

_________________________

Direct material cost: at $1 per unit; This is a relevant cost; Revenue = (1 * 2000) $2000

____________________________

Direct labor cost: at $2 per unit; This is a relevant cost ; Revenue = (2 * 2000) $4000

____________________________

Variable manufacturing overhead: at $1.50 per unit; This is a relevant cost; Revenue = (1.50 * 2000) $3,000

____________________________

Fixed manufacturing overhead: at $0.75 per unif; This is not a relevant cost; Revenue = $0 (not relevant)

_____________________________

Regular selling expenses: at $1.25 per unit; This is not a relevant cost; Revenue = $0(not relevant)

______________________________

Additional selling expenses(shipping cost) : at $0.50 per unit; This is a relevant cost; Revenue = (0.50 * 2000) $1,000

______________________________

Administrative expenses: at $0.75 per unit; This is not a relevant cost; Revenue = $0

__________________________

Total operating expenses: Sum of all relevant cost = (Direct material cost + Direct labor cost + Variable manufacturing overhead + Additional selling expenses) = ($2,000 + $4,000 + $3,000 + $1,000) = $10,000

__________________________

Net income : (Selling price - Total operating expenses)= ($12,000 - $10,000) = $2,000

________________________

Yes, Helix should accept the order at the special price

______________

Helix decision would be to accept this order at the special price because from the calculations they will still have a net income of $2,000 at this special price of $6 per unit

Barton Chocolates used a promissory note to borrow $1,000,000 on July 1, 2018, at an annual interest rate of 6 percent. The note is to be repaid in yearly installments of $200,000, plus accrued interest, on June 30 of every year until the note is paid in full (on June 30, 2023). Show how the results of this transaction would be reported in a classified balance sheet prepared as of December 31, 2018. (Do not round intermediate calculations.)

Answers

Answer:

Explanation:

Balance sheet for Barton Chocolates as at December 31,2018

Current liabilities                                  230,000

Non current liabilities                           800,000

Workings.

Loan - $1,000,000

Loan date = July 1

Reporting date = December 31

Timeline = 6 months / 1/2 years

Yearly installment = $200,000

Interest payable = 6/100*1000000*1/2 = 30,000

Current liabilities are liabilities that are due for settlement within a year

Therefore the current liability portion = $200000+30000= $230,000

The non current liability is the balance of the principal loan amount = 1000000=200000= 800000

Venus Creations sells window treatments (shades, blinds, and awnings) to both commercial and residential customers. The following information relates to its budgeted operations for the current year.
Commercial Residential
Revenues $300,000 $480,000
Direct materials costs $30,000 $50,000
Direct labor costs 100,000 300,000
Overhead costs 85,000 215,000 150,000 500,000
Operating income (loss) $85,000 $(20,000)
The controller, Peggy Kingman, is concerned about the residential product line. She cannot understand why this line is not more profitable given that the installations of window coverings are less complex for residential customers. In addition, the residential client base resides in close proximity to the company office, so travel costs are not as expensive on a per client visit for residential customers. As a result, she has decided to take a closer look at the overhead costs assigned to the two product lines to determine whether a more accurate product costing model can be developed. Here are the three activity cost pools and related information she developed:
Activity Cost Pools Estimated Overhead Cost Drivers
Scheduling and travel $85,000 Hours of travel
Setup time 90,000 Number of setups
Supervision 60,000 Direct labor cost
Expected Use of Cost Drivers per Product
Commercial Residential

Scheduling and travel 750 500
Setup time 350 250
What should Peggy Kingman do?

Answers

Answer and Explanation:

The explanation is shown below:-

First we need to find out the activity based overhead rates

Activity              Estimated overhead  Basis   Quantity   Activity based

                              cost                                                      overhead rates

Travel

and Scheduling     $85,000           Hours of  1,250             $68

                                                         travel  (700 + 500)

Set up time          $90,000           Number of   600             $150

                                                       setups  (350 + 250)

Supervision          $60,000          Direct labor  $400,000    15%

                                                        cost ($100,000 + $300,000)

Now we need to find out the overhead cost assigned to commercial which is shown below:-

Activity           Activity based       Actual allocation of         Overhead

                    overhead rates              cost drivers                 assigned

Travel and

Scheduling      $68                           750                               $51,000

Set up time       $150                         350                              $52,500

Supervision     15%                        $100,000                        $15,000

Total                                                                                        $118,500

For computing the overhead assigned we simply multiply the activity based overhead rate with actual allocation of cost drivers.

after this we need to find out the overhead cost assigned to residential which is shown below:-

Activity           Activity based       Actual allocation of         Overhead

                    overhead rates              cost drivers                

Travel and

Scheduling      $68                             500                             $34,000

Set up time     $150                            250                              $37,500

Supervision    15%                             $300,000                     $45,000

Total                                                                                          $116,500

For computing the overhead we simply multiply the activity based overhead rate with actual allocation of cost drivers.

Finally we need to find out the operating income or loss for the commercial and residual which is shown below:-

Particulars                              Commercial           Residential

Sales revenue                        $300,000             $480,000

Less: Direct material cost     $30,000                 $50,000

Less: Direct labor cost          $100,000              $300,000

Less: Overhead costs

assigned                                $118,500               $116,500

Operating income (loss)        $51,500               $15,500

The Peggy Kingman should establish the cost to be assigned based on the product lines for overhead cost as the Peggy Kingman is more focused to the overhead cost which were based on the activity cost drivers. Moreover, it shows a profit earned on residential product line

Which of the following is an example of peakminusload ​pricing? A. charging less for vacations to Hawaii during December and January B. setting price equal to marginal cost when there is a capacity constraint C. selling excess capacity at lower prices D. charging more for electricity on hot days

Answers

Answer:

D. charging more for electricity on hot days.

Explanation:

This is a strategy that helps service providers in billing their customers when their in traffic on the usage of a particular service. This is charging higher of a certain service when their are a lot of users trying to be benefit or trying to use it at the same time. This can easily be seen in the case of utility usage amongst countries where this forms of billings are performed. That is why in the scenario above, the charging more for electricity on a hot day falls in place as the perfect option of peakminus loading price.

Answer:

D. charging more for electricity on hot days

Explanation:

Peak load pricing is charging more for a good or service when the demand for the good is higher.

During the hot weather, people would want to use fans and air conditioners, thus, the demand for electricity would be higher as people would need electricity to power these items. So increasing the price in the hurt weather is an example of peak load pricing.

I hope my answer helps you

Paul Swanson has an opportunity to acquire a franchise from The Yogurt Place, Inc., to dispense frozen yogurt products under The Yogurt Place name. Mr. Swanson has assembled the following information relating to the franchise:
a. A suitable location in a large shopping mall can be rented for $4,500 per month.
b. Remodeling and necessary equipment would cost $378,000. The equipment would have a 10-year life and a $37,800 salvage value. Straight-line depreciation would be used, and the salvage value would be considered in computing depreciation.
c. Based on similar outlets elsewhere, Mr. Swanson estimates that sales would total $480,000 per year. Ingredients would cost 20% of sales.
d. Operating costs would include $88,000 per year for salaries, $5,300 per year for insurance, and $45,000 per year for utilities. In addition, Mr. Swanson would have to pay a commission to The Yogurt Place, Inc., of 13.0% of sales.
Required:
1. Prepare a contribution format income statement that shows the expected net operating income each year from the franchise outlet
2-a. Compute the simple rate of return promised by the outlet
2-b. If Mr. Swanson requires a simple rate of return of at least 21%, should he acquire the franchise?
3-a. Compute the payback period on the outlet
3-b. If Mr. Swanson wants a payback of three years or less, will he acquire the franchise?

Answers

Answer:

1.) check attached picture

2a)Simple rate of return = 25.2%

2b) Yes

3a)2.92 years

3b) Yes

Explanation:

Kindly check attached picture

Required information The Foundational 15 [LO5-1, LO5-3, LO5-4, LO5-5, LO5-6, LO5-7, LO5-8] [The following information applies to the questions displayed below.] Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales $ 20,000 Variable expenses 12,000 Contribution margin 8,000 Fixed expenses 6,000 Net operating income $ 2,000 Foundational 5-11 11. What is the margin of safety in dollars

Answers

Answer:

$5,000

Explanation:

Sales $20,000

Variable expenses $12,000

Contribution margin $8,000

Fixed expenses $6,000

Net operating income $2,000

margin of safety in $ = current sales level - break even point

margin of safety in % = (current sales level - break even point) / current sales level

first we need to calculate the contribution margin per unit = $20 - $12 = $8 per unit

break even point = fixed costs / contribution margin = $6,000 / $8 = 750 units

sales level at break even point = 750 x $20 = $15,000

margin of safety in $ = $20,000 - $15,000 = $5,000

margin of safety = ($20,000 - $15,000) / $20,000 = $5,000 / $20,000 = 25%

1. Of the 4 strategic approaches to international markets, which one(s) might be the best for a manufacturing company? a financial services company? or a company like Coke or Pepsi? Thoughts? 2. What strategy option for entering a foreign market might you employ if your firm is technology-centric? 3. What strategy option for entering a foreign market might you use if you were a start-up or smaller firm? 4. Why is the Think Global- Act Local strategy appear to be the best for many companies wishing to go global?

Answers

Answer:

1a. For manufacturing company– Buying a local manufacturing company

b. For a financial services company– Partnership

c. A company like Coke or Pepsi– Greenfield Investments

Explanation:

1a. Buying a local company saves valuable resources for the foreign manufacturing, and it allows for quick market knowledge since this company has already been in operations for a long time.

b. A partnership would be best for a financial services company, this would involve a smooth transition into new markets without having to spend much on physical structures as the domestic company is already having necessary infrastructures in place.

c. Coke and Pepsi would preferably choose to use the Greenfield investment strategy by building a new plant from the ground up because of its established quality standards as well as trade mark and intellectual property protection.

2. A technology-centric firm would benefit most by buying a Company because of the already available market share as well as benefiting from reduced government regulations.

3. If one is operating a start-up or smaller firm of course cost would be a major consideration, therefore selling out License to foreign companies may be effective. This would transfer the rights to use a product or service in a different market geography.

4. It provides a good foresight into the requirements needed to enter foreign markets.

Suppose that the standard deviation of returns for a single stock A is σA = 30%, and the standard deviation of the market return is σM = 10%. If the correlation between stock A and the market is rhoAM = 0.3, then the stock’s beta is . Is it reasonable to expect that the volatility of the market portfolio’s future expected returns will be greater than the volatility of stock A’s returns? Yes No

Answers

Answer:

The stock’s beta is 0.90

Is not reasonable to expect that the volatility of the market portfolio’s future expected returns will be greater than the volatility of stock A’s returns

Explanation:

In order to calculate the stock’s beta we would have to calculate the following formula:

Beta of stock = (standard deviation of stock A x correlation between stock A and market) / standard deviation of market

beta = (30% x 0.3) / 10% = 0.90

The market is assumed to have a beta of 0.90 and beta of a stock is the volatility of the stock in relation to the market. Since, stock A has beta equal to the market, its volatility will be correlated with the market. Therefore is not reasonable to expect that the volatility of the market portfolio’s future expected returns will be greater than the volatility of stock A’s returns

The following cost data relate to the manufacturing activities of Chang Company during the just completed year: Manufacturing overhead costs incurred: Indirect materials $ 15,000 Indirect labor 130,000 Property taxes, factory 8,000 Utilities, factory 70,000 Depreciation, factory 240,000 Insurance, factory 10,000 Total actual manufacturing overhead costs incurred $ 473,000 Other costs incurred: Purchases of raw materials (both direct and indirect) $ 400,000 Direct labor cost $ 60,000 Inventories: Raw materials, beginning $ 20,000 Raw materials, ending $ 30,000 Work in process, beginning $ 40,000 Work in process, ending $ 70,000 The company uses a predetermined overhead rate to apply overhead cost to jobs. The rate for the year was $25 per machine-hour. A total of 19,400 machine-hours was recorded for the year.Prepare a schedule of cost of goods manufactured for the year.

Answers

Answer:

Cost of Goods  Manufactured $893,000

Explanation:

Chang Company

Schedule of Cost of Goods Manufactured

Inventories: Raw materials, beginning $ 20,000

Add Purchases of raw materials  $ 400,000

Less Raw materials, ending $ 30,000

Direct Materials Used  $390,000

Direct labor cost $ 60,000

Manufacturing overhead Costs: $ 473,000

Indirect materials $ 15,000

Indirect labor 130,000

Property taxes, factory 8,000

Utilities, factory 70,000

Depreciation, factory 240,000

Insurance, factory 10,000

Total actual Manufacturing Costs 923,000

Add Work in process, beginning $ 40,000

Cost of Goods Available For Manufacture $ 963,000

Less Work in process, ending $ 70,000

Cost of Goods  Manufactured $893,000

Applied Overhead = Rate * Hours worked

                                = 25* 19,400=  485,000

The applied overhead is subtracted or added to the cost of goods sold amount. It is not accounted for in the schedule of cost of goods manufactured.

Consider each of the following independent scenarios:a.Terrin Belson, plant manager for the laser printer factory of Compugear Inc., brushed his hair back and sighed. December had been a bad month. Two machines had broken down, and some factory production workers (all on salary) were idled for part of the month. Materials prices increased, and insurance premiums on the factory increased. No way out of it; costs were going up. He hoped that the marketing vice president would be able to push through some price increases, but that really wasn’t his department.b. Joanna Pauly was delighted to see that her ROI figures had increased for the third straight year. She was sure that her campaign to lower costs and use machinery more efficiently (enabling her factories to sell several older machines) was the reason why. Joanna planned to take full credit for the improvements at her semiannual performance review.c. Gil Rodriguez, sales manager for ComputerWorks, was not pleased with a memo from headquarters detailing the recent cost increases for the laser printer line. Headquarters suggested raising prices. "Great," thought Gil, "an increase in price will kill sales and revenue will go down. Why can’t the plant shape up and cut costs like every other company in America is doing? Why turn this into my problem?"d. Susan Whitehorse looked at the quarterly profit and loss statement with disgust. Revenue was down, and cost was up—what a combination! Then she had an idea. If she cut back on maintenance of equipment and let a product engineer go, expenses would decrease—perhaps enough to reverse the trend in income.e. Shonna Lowry had just been hired to improve the fortunes of the Southern Division of ABC Inc. She met with top staff and hammered out a 3-year plan to improve the situation. A centerpiece of the plan is the retiring of obsolete equipment and the purchasing of state-of-the-art, computer-assisted machinery. The new machinery would take time for the workers to learn to use, but once that was done, waste would be virtually eliminated.Required:For each of the above independent scenarios, indicate the type of responsibility center involved (cost, revenue, profit, or investment).

Answers

Answer: a. Cost center b. Investment center. c. Revenue center d. Profit center. d. Investment center.

Explanation:

a. Cost center

We are informed that Terrin Belson, a plant manager for the laser printer factory of Compugear Inc., complained that two machines had broken down, and some factory production workers were idled for part of the month. He also complained that materials prices has and insurance premiums on the factory has increased and costs were going up.

The responsibility center involved here is the cost center. Everything he was complaining about was with regards to the rise on costs of running the company. Therefore, the cost center should be in charge.

b. Investment center

We are told that Joanna Pauly was delighted to see that her ROI figures had increased for the third straight year as she was sure that her campaign to lower costs and efficiently use of machinery was the reason for this.

This is the responsibility of the investment center. We can see that Joanna is talking about the increase in the return on investment. Therefore, the investment center should be responsible to handle this.

c. Revenue center

From the information, we are told that Gil Rodriguez, sales manager for ComputerWorks, was not pleased with a memo from headquarters detailing recent cost increases for the laser printer line. The headquarters suggested that increase in prices will kill sales and that the revenue will go down.

The responsibility center involved in this situation is the revenue center. We can see that the headquarters was concerned that the increase will in price will affect revenue as the revenue will reduce. This is the revenue center in charge.

d. Profit center

We are told that Susan Whitehorse looked at the quarterly profit and loss statement with disgust as the revenue was down, and the cost was up. The responsibility center in charge here is the profit center as the main issue of discussion is about the profit and loss of the company.

e. Investment center

We are told that Shonna Lowry had just been hired to improve the fortunes of the Southern Division of ABC Inc. and that after meeting with top staff, she gave out a 3-year plan to improve the situation as obsolete equipment will be retired and the state-of-the-art, computer-assisted machinery will be bought.

This is an investment because she told the firm to buy state-of-the-art, computer-assisted machinery will be bought in order to improve their fortunes. The responsibility center involved is the investment center.

Sandy wants to persuade her audience that the high cost of daily and seasonal ski passes led to the largest decline in revenue that Colorado's major ski resorts have seen in nearly a decade, and that ticket costs should be reduced. She should use what organizational pattern

Answers

Answer: argument from cause to effect

Explanation:

Arguments of Cause and Effect. or better still Claims of cause and effect are hypothesis which are supported the thought that one event usually controls or causes another. example from the question.

we all know that sometimes a rise in cost also can result in a decrease in sale or revenues because the case could also be. The reason for Colorado decline in revenue is as a results of visit sales thanks to high cost, and also the effect is that the decline in revenues generated.

You were recently hired at a software engineering company, and today is your first team meeting. You want to convey to your new team members that you are excited to join them and that you will be an engaged and respectful addition to the team.

What form of nonverbal communication will serve you best?

a. Hugs
b. Prolonged eye contact
c. Punctuality

Answers

Punctuality, simply because it’s a way of showing diligence and eagerness to work.

Tamarisk Corporation had the following 2020 income statement. Sales revenue $189,000 Cost of goods sold 129,000 Gross profit 60,000 Operating expenses (includes depreciation of $20,000) 54,000 Net income $6,000 The following accounts increased during 2020: Accounts Receivable $14,000, Inventory $10,000, Accounts Payable $12,000. Prepare the cash flows from operating activities section of Tamarisk’s 2020 statement of cash flows using the indirect method.

Answers

Answer:

Kindly check attached picture for Tamarisk Corporation Statement Of Income 2020 (indirect method)

Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil field in Alaska. Data concerning the most recent year appear below:

Sales $17,600,000
Net operating income $6,200,000
Average operating assets $36,000,000

Required:
a. Compute the margin for Alyeska Services Company.
b. Compute the turnover for Alyeska Services Company.
c. Compute the return on investment (ROI) for Alyeska Services Company.

Answers

Answer:

a. The margin for Alyeska Services Company: 35.23%

b. The turnover for Alyeska Services Company: 0.49

c. The return on investment (ROI) for Alyeska Services Company: 17.22%

Explanation:

a. The profit margin reflects a company's overall ability to turn income into profit, is calculated by formula:

Profit margin = (Net operating income/Net sales ) x 100% = $6,200,000/$17,600,000 x 100% = 35.23%

b. Asset turnover helps investors understand how effectively companies are using their assets to generate sales. Asset turnover is calculated by using following formula:

Asset Turnover =  Total Sales/ Average Total Assets  = $17,600,000/$36,000,000 = 0.49

c. Return on investment (ROI) is calculated by using following formula:

ROI = Net income/Total investment  x 100%

In Alyeska Services Company,

ROI = Net operating income/Average operating assets  x 100% = $6,200,000/$36,000,000 x 100% = 17.22%

Felix and Freddie are married with annual taxable income of $230,000. They pay income tax according to the following schedule: Over-----But Not Over-----Tax Rate $0............$43,850..............15% $43,850.....$105,950.............??? $105,950....$361,450............31% If the total personal income tax they pay is $58,074, which of the following comes closest to the tax rate for income between $43,850 and 105,950 (the middle tax rate)?
a. 21%
b. 24%
c. 25%
d. 225
e. 23%

Answers

Answer:

a. 21%

Explanation:

Felix and Freddie

Tax paid for first will be :

$43,850 ×15%

=$6,577.5

Taxable income $124,050

($230,000-$105,950)

Taxable payable $38,455.5

($124,050*31%)

Remaining tax payable $13,041

($58,074-$6,577.5-$38,455.5)

÷

Remaining taxable income $62,100

($105,950-$43,850)

Tax rate between $43,850 and 105,950 will be:

$13,041÷$62,100

=0.21×100

=21%

Cooperton Mining just announced it will cut its dividend from $4.17 to $2.56 per share and use the extra funds to expand. Prior to the​ announcement, Cooperton's dividends were expected to grow at a 3.3 % ​rate, and its share price was $50.47. With the planned expansion, Cooperton's dividends are expected to grow at a 46% rate. What share price would you expect after the announcement? (Assume that the new expansion does not change Cooperton's risk). Is the expansion a good investment?

Answers

Answer: New share price= Price = $35.38. No, it's not a good investment

Explanation:

First, we have to calculate the cost of equity.

Price = Dividend/r - g

Dividend = $4.17 × (1 + 3.3%)

= $4.17 × (1 + 0.033)

= $4.17 × 1.033

= $4.30761

Price = Dividend/r - g

50.47 = 4.30761/r - 0.033

r - 0.033 = 4.30761/50.47

r - 0.033 = 0.08535

r = 0.08535 + 0.033

r = 0.11835

Now, we have to calculate the new price with dividend of $2.56 and g= 4.6%.

Price = Dividend/r - g

Price = 2.56/0.11835 - 0.046

Price = 2.56/0.07235

Price = $35.38

The expansion isn't a good investment because the stock price is s reduced from $50.47 to $35.38

Many large, packaged goods marketers like Procter & Gamble, Kraft, and Pillsbury have used the product manager (or brand manager) system of marketing organization and implementation. Which of the following is the key advantage of this system?
A. Product managers have relatively little authority
B. Product managers are short-term in their orientation
C. Product managers have direct responsibility for research and development of new products
D. Product managers can assume profit-and-loss responsibility for the performance of the product line
E. Product managers have line responsibility over sales managers

Answers

Answer:

C. Product managers have direct responsibility for research and development of new products

Explanation:

The position of Product manager is an all-encompassing role. He is tasked with the job of ensuring the members of the team are up and doing; he ensures each member of the team supplies considerable input to the end that the team effort can be evidently seen. The Product manager is also saddled with the responsibility of ensuring swift communication amidst all parties; he splits complex tasks into easily understandable processes. He sets the target and goal for each team member; he is the one who accesses and optimizes team members' performances.

Despite and inspite of these varying responsibilities, the biggest and most vital task of the Product manager is to research products, assess the market (customers), create services/products which are innovative and solve critical problems thereby, adding value to the customer base. The more information he has about the market and need of the customers, the better he is able to tailor the products and services rendered to address those needs. Overall, the Product manager due to his extensive involvement and oversight, he ensures that the chances of product failure is significantly reduced.

In the light of the explanation above, Option C. (Product managers have direct responsibility for research and development of new products) is the correct answer.

On November 4, 2016, Blue Company acquired an asset (27.5-year residential real property) for $200,000 for use in its business. In 2016 and 2017, respectively, Blue took $642 and $5,128 of cost recovery. These amounts were incorrect; Blue applied the wrong percentages (i.e., those for 39-year rather than 27.5-year assets). Blue should have taken $910 and $7,272 cost recovery in 2016 and 2017, respectively. On January 1, 2018, the asset was sold for $180,000. Enter the values for each item below. If required, round all computations to the nearest dollar.a. The adjusted basis of the asset at the end of 2017 is $.b. The cost recovery deduction for 2018 is $.c. The__________ on the sale of the asset in 2018 is $

Answers

Answer:

a. $191,818

b. $303

c. The loss on the ale of the asset in 2018 is $11,515.

Explanation:

a. The adjusted basis of the asset at the end of 2017 is $

Asset cost = $200,000

Greater of allowed and allowable cost recover in 2016 = $910

Greater of allowed and allowable cost recover in 2017 = $7,272

Basis at the end of 2017 = Asset cost - Greater of allowed and allowable cost recover in 2016 - Greater of allowed and allowable cost recover in 2016 = $200,000  - $910 - $7,272 = $191,818

b. The cost recovery deduction for 2018 is $.

Cost recovery for 2018 = $200,000 * (0.5/12) * 3.636% = $303

c. The__________ on the sale of the asset in 2018 is $

Basis on date of sale = Basis at the end of 2017 - Cost recovery for 2018 = $191,515

Profit (Loss) on sale of asset = Sales proceed - Basis on date of sale = $180,000 − $191,515 = ($11,515) .

Therefore, the loss on the ale of the asset in 2018 is $11,515.

On January 1, Year 1, the City Taxi Company purchased a new taxi cab for $51,000. The cab has an expected salvage value of $12,000. The company estimates that the cab will be driven 200,000 miles over its life. It uses the units-of-production method to determine depreciation expense. The cab was driven 60,000 miles the first year and 63,000 the second year. What is the amount of depreciation expense reported on the Year 2 income statement and the book value of the taxi at the end of Year 2, respectively

Answers

Answer:

The amount of depreciation expense reported on the Year 2 is $12,285 and the book value of the taxi at the end of Year 2 is $27,015

Explanation:

In order to calculate the amount of depreciation expense reported on the Year 2 income statement and the book value of the taxi at the end of Year 2, respectively we would have to make the following calculations:

Particulars               Amount

Cost of taxi                    $51,000.00

Salvage Value             $12,000.00

Life in miles                   200,000.00

Depreciation per mile = ($51,000.00  - $12,000.00 )/200,000=0.195

Depreciation for Year 1 = 60,000 * 0.195=11,700.00

Depreciation for Year 2 = 63,000 * 0.195=12,285.00

book value of the taxi, respectively, at the end of Year 2 = 51,000 - 11,700 - 12,285=27,015.00

The amount of depreciation expense reported on the Year 2 is $12,285 and the book value of the taxi at the end of Year 2 is $27,015

Below are the account balances for Cowboy Law Firm at the end of December. Accounts Balances Cash $ 4,600 Salaries expense 1,800 Accounts payable 2,600 Retained earnings 4,100 Utilities expense 1,000 Supplies 13,000 Service revenue 8,500 Common stock 5,200 Required: Use only the appropriate accounts to prepare an income statement.

Answers

Answer:

                                                  Cowboy Law Firm

                    Income statement for the period ended December

                                                                          Amount in $

Service revenue                                                   8,500

Utilities                                                                  (1,000)                                    

Salaries expense                                                 (1,300)

Net income/(loss)                                                  6,200

Explanation:

An income statement is a part of the financial statements that shows how profitable the activities of an entity was for a given period of time. It is usually stated as the income statement for a period end.

The elements of the income statement include the revenue otherwise called sales, expenses including cost of goods sold, operating expenses etc and the profit or loss as well as the other comprehensive income/loss.

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