Pharoah Company purchased a new machine on October 1, 2022, at a cost of $91,360. The company estimated that the machine has a salvage value of $8,000. The machine is expected to be used for 70,200 working hours during its 8-year life. Compute the depreciation expense under the straight-line method for 2022 and 2023, assuming a December 31 year-end.
Answers
Answer and Explanation:
The computation is shown below:
Depreciable cost is
= Cost of new machine - salvage value
= $91,360 - $8,000
= $83,360
Now
Depreciation expense:
2022 $2,605 ($83,360 ÷ 8 years ÷ 12 × 3 )
2023 $10,420 ($83,360 ÷ 8 years)
hence, the same is to be considered
Therefore the depreciation expense for the year 2022 and 2023 is $2,605 and $10,420 respectively
Related Questions
Automatic stabilizers are:
Answers
Answer:
Automatic stabilizers are mechanisms built into government budgets, without any vote from legislators, that increase spending or decrease taxes when the economy slows.
Explanation:
ssume that you own an annuity that will pay you $15,000 per year for 12 years, with the first payment being made today. You need money today to open a new restaurant, and your uncle offers to give you $100,000 for the annuity. If you sell it, what rate of return would your uncle earn on his investment
Answers
Answer:
13.08%
Explanation:
this is an annuity due, and to determine its present value we can use the following formula:
present value = (annual payment / i) x {1 - [1 / (1 + i)ⁿ]} x (1 + i)
100,000 = (15,000 / i) x {1 - [1 / (1 + i)¹²]} x (1 + i)
The math is really complicated if you do it by hand, instead you should use a financial calculator. You would need to calculate the IRR, but the cash flows are:
first cash flow = -85,000
then 11 cash flows of 15,000 (remember that an annuity due is collected in advance)
IRR = 13.08%
Does anyone know how to do this worksheet? I need help
Answers
Answer:
Here are the answers for 1-23 that i've found so far,
I'll try to find the rest of the answers
Explanation:
how the stock market works
simplify ur answer?
Answers
Answer: Stock market works by doing an activity of buy/sell. It is a profit process. For example, you bought something cheap and sell it expensive that is profit.
Explanation:
Baden Corporation entered into a lease agreement for 100 photocopy machines for its corporate headquarters. The lease agreement qualifies as an operating lease except there is a bargain purchase option. After the 5-year lease term, the corporation can purchase each copier for $1,000, when the anticipated fair value is $2,500. Jerry Suffolk, the financial vice president, thinks the financial statements must recognize the lease agreement as a finance lease because of the bargain purchase option. The controller, Diane Buchanan, disagrees: "Although I don’t know much about the copiers themselves, there is a way to avoid recording the lease liability." She argues that the corporation might claim that the copier technology advances rapidly and that by the end of the lease term, the machines will most likely not be worth the $1,000 bargain price.
(a) What ethical issue is at stake?
(b) Should the controller’s argument be accepted if she does not really know much about copier technology? Would it make a difference if the controller were knowledgeable about the rate of change in copier technology?
(c) What should Suffolk do?
Answers
Answer:
Answer is explained below
Explanation:
A)
The ethical issue at stake is whether to record the lease agreement for 100 photocopy machine as a finance lease or operating lease because in operating lease we don't record it as asset or liability in financial statements but in finance lease, we record both asset and liability generally at the present value of rentals payments. As the bargain option is available this lease agreement will be said to be a finance lease agreement.
B)
No without knowing much about the copier technology the argument of controller should not be accepted.
C)
Suffolk should represent lease as a financial lease but he can get the terms of lease revised as to the fair value of copier revised after the proper analysis and computation of copier value.
When you want to save time recording progress and don't mind slightly less accuracy, which progress reporting approach would you choose?
Answers
The complete question reads;
When you want to save time recording progress and don't mind slightly less accuracy, which progress reporting approach would you choose?
a. tracking work and remaining work at the task level
b. tracking % complete at the task level
c. tracking work at the assignment level
d. tracking % complete at the assignment level
Answer:
d. tracking % complete at the assignment level
Explanation:
Remember, tracking the percent of completion of the assignment level would be indicating an overview of the entire assignment which may be slightly less accurate compared to the other listed options.
Thus, to save time recording progress this is the best viable option.
Anastasia is a principal who is responsible for telling one of her teachers that the school will be cutting her Spanish program in the fall. She has been friends with this teacher for years and knows that the teacher will be very upset. What is the most appropriate communication channel for Anastasia to choose to share this news with the teacher in this scenario?
Question 2 options:
She should send the teacher a formal, typed letter.
She should talk to the teacher face-to-face.
She should send the teacher a text message.
She should post the news on the school website.
Answers
Answer she should talk to her face to face
Explanation:
if she respects this woman that is the best way to keep it
Annual oil production for a region was about 550 million tons in 1980 and increased at a rate of 7.6% per year. Estimate the oil production in 2000. Use the exponential growth formula.
Answers
If the annual oil production for a region was about 550 million tons in 1980 and increased at a rate of 7.6% per year, then oil production in the year 2000 is 2,038 million.
How to find?Given that initial production is 550 million and the rate of growth is 7.6% per year.
The exponential growth formula is A= A₀(1+rt)
where Ais the final value,
A₀ is the initial value,
r is the rate of growth and
t is the time in years.
Here A₀= 550
Then the number of years is
t= 2000-1980
= 20 years
Rate of growth is-
r= 7.6/100= 0.076%
Substitute all the values into the equation exponential growth and solve for A.
A= 550( 1+ 0.076)²⁰
= 550(1.076)²⁰
= 550. 4.327583204
= 2,380 million.
Therefore the oil production in the year 2000 is 2,380 million.
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Answer:
2,380 millionExplanation:
Using the A = p (1 + r ) ^t:-
→ P = 550 million
→ R = 7.6% or 7.6/100 = 0.076
→ t = 2000 - 1980 = 20
\(\mathrm{A = 550(1+ 0.076) ^{20}}\)\(\mathrm{A = 550(1.076) ^{20}}\)\(\mathrm{A = 2380}\)Therefore, the oil production in 2000 would be around 2,380 million.
_________________________
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Researcher is comparing to multiple choice is tests with different conditions in the first test a typical multiple choice cescis administered in the second test alternative choices incorrect answers a randomly assigned to test takers the results from these two test are given below mean of regular test is 59.9 and randomise answers is 44.8 standard deviations of regular test is 10.2 and answers is 12.7
Answers
The regular test is 59.9 and randomize answers is 44.8 standard deviations of regular test is 10.2 and answers is 12.7 the scattered of the two distributions be compared Yes, as the S.D. is given. Thus, option (a) is correct.
What is standard deviation?A standard deviation is a measure and the calculate the dispersed of the data is the relation to the mean. The standard deviation was to indicate the slope was the upper and the lower.
Regular test Randomized
Mean 59.9 44.8
SD 10.2 12.7
CV = (SD/Mean) * 100
CV = Coefficient of Variation
CV is Measures of Relative Dispersion or relative scattered of Data
SD = Standard Deviation
As a result, the S.D. is given are the two distributions be compared.
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Your question is incomplete, but most probably the full question was.
Question 1 : Can the scattered of the two distributions be compared, just by looking at the given figures? Select one: a. Yes, as the S.D. is given b. No, as the mean is not same c. May be d. Can't sayAt which event must special care be taken when prepping food for your guest
Answers
Answer: Im not sure I fully understand what is being asked, but when prepairing food for guests, special care must be taken when prepairing raw meats. Sanitation is vital when it comes to mixing raw meats and veggies.
Explanation:
The event at which special care should be taken when preparing food for the guests is at every event when guests must eat food.
What are special occasions?Special occasions are used to mark important events in the life of the hosts and guests. Food is always prepared and offered at such special events.
The different tastes and preferences of guests must be considered, especially with regard to the use of spices and seasonings.
At every event, where guests are expected to participate in the prepared food, utmost care must be taken to ensure:
A sanitized environmentNecessary precautions for food safetyA dignified dining experience.Thus, the event where special care must be taken when preparing the food for the guests is every event where guests are expected to eat some food.
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While in Chicago for a weekend, Tony's friend suggests that he eat at Michael Jordan's restaurant. Tony is confused as to why Michael Jordan has a restaurant if he isn't a chef. What is likely Michael Jordan's involvement in his restaurant as he is not a chef?
a. He may have financially invested in it, and he has lent his name to the establishment.
b. He is likely learning to cook from the chefs at his restaurant.
c. He likely manages the kitchen on a daily basis.
d. He likely has no involvement, and the owners just used his name.
Answers
A is the correct awnser
Dickson Co. has asked you to help the select a backhoe. You have a choice between a wheel-mounted version which costs $50,000 and has a life of 5 yrs with a salvage value of $3,000 or a track mounted version which costs $80,000 and has a life of 8 yrs with a salvage value of $5,000. Both machines will have the same productivity and operating costs. If the MARR is 10% which machine will you recommend?
Answers
Answer:
The wheel mounted version should be purchased because it has lower equivalent annual cost
Explanation:
To determine which back hole is better, we will compare the the equivalent annual cost of the two and then select the lower of the two:
Equivalent annual cost = Present value of cost /Annuity factor
Present value of Wheel mounted
PV of salvage value = 3,000 × 1.1^(-5)= $1862.76
Total present value = 50,000 + $1862.76 =
Annuity factor = (1-1.1^(-5)/0.1) = 3.790786769
Equivalent annual cost =51862.76/ 3.7907 = $13,681.26
Present Value f Track mounted version =
PV of salvage value = 2,332.536901
Annuity factor =( 1-1.1^(-8)/0.1) = 5.334926
Total present value of cost = 80,000 + 2,332.536901 = 82332.5369
Equivalent annual cost =82,332.53 /5.33492=$15,432.741
Equivalent annual cost of wheel mounted =$ 13,681.26
Equivalent annual cost of track mounted=$15,432.741
The wheel mounted version should be purchased because it has lower equivalent annual cost
what kind of life insurance policy issued by mutual insurer provides a return od divisible surplus
Answers
Answer:
participating life insurance policy <- A mutual insurer issues life insurance policies that provide a return of divisible surplus.
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Cawley Company makes three models of tasers. Information on the three products is given below.Tingler Shocker Stunner Sales $296,000 $504,000 $200,000 Variable expenses 145,000 190,000 135,000 Contribution margin 151,000 314,000 65,000 Fixed expenses 114,840 225,160 92,000 Net income $36,160 $88,840 $(27,000) Fixed expenses consist of $290,000 of common costs allocated to the three products based on relative sales, as well as direct fixed expenses unique to each model of $29,000 (Tingler), $79,000 (Shocker), and $34,000 (Stunner). The common costs will be incurred regardless of how many models are produced. The direct fixed expenses would be eliminated if that model is phased out.James Watt, an executive with the company, feels the Stunner line should be discontinued to increase the company’s net income.
(a) Compute current net income for Cawley Company. Net income $ ______
(b) Compute net income by product line and in total for Cawley Company if the company discontinues the Stunner product line. (Hint: Allocate the $290,000 common costs to the two remaining product lines based on their relative sales.)
Tingler Net Income $ _______
Shocker Net Income $ _______
Total Net Income $ _______
(c) Should Cawley eliminate the Stunner product line?
Why or why not?
Net income would _____ from $ ______to $ ________.
Answers
Answer:
Cawley Company
a) Current Net Income
Tingler Shocker Stunner Total
Sales $296,000 $504,000 $200,000 $1,000,000
Variable Costs 145,000 190,000 135,000 470,000
Contribution 151,000 314,000 65,000 530,000
Fixed Expenses 114,840 225,160 92,000 432,000
Net Income 36,160 88,840 (27,000) 98,000
b) Net Income by product line with Stunner discontinued:
Tingler Shocker Total
Sales $296,000 $504,000 $800,000
Variable Costs 145,000 190,000 335,000
Contribution 151,000 314,000 465,000
Fixed Expenses 136,300 261,700 398,000
Net Income 14,700 52,300 67,000
c1) Cawley should not eliminate the Stunner product line.
c2) Net income would decrease from $98,000 to $67,000 if the Stunner product line is eliminated.
Explanation:
a) The decision to be made is whether to eliminate a product line or not. In making such decisions, the relevant costs to be considered are avoidable costs. Allocated fixed costs are unavoidable and should not be taken into account.
b) Stunner makes a Net Income of $31,000 without the allocated common fixed expenses. This shows that the allocated common fixed expenses is actually causing Stunner to record Net Loss. And when Stunner is eliminated the company is not better off.
c) Allocation of Fixed Expenses based on Sales:
Tingler = 296/800 * $290,000 = $107,300 Plus direct cost of $29,000 = $136,300
Shocker = 504/800 * $290,000 = $182,700 Plus direct of of $79,000 = $261,700
You can earn 3% interest on a CD and 1.25% interest on a savings account.
How much more interest will the CD earn for one year if you make a deposit of
$1,650?
Financial Lit, please help!!
Answers
Answer:
The CD will earn $49.50 more interest than the savings account for one year if you make a deposit of $1,650.
Please answer the question in the photo.
Answers
The type of companies that sell goods and services can be classified in different ways, such as:
Retail businesses: Sell products and services directly to consumers, such as clothing stores.Wholesale companies: They sell products to other companies, such as distributors of food products.Manufacturing companies: Produce goods for sale, like car manufacturers.Service companies: Provide services to businesses or consumers, such as banks.Professional businesses: Provide specialized services to clients, such as accounting firms.Nonprofit companies: Focused on social or environmental causes, such as charities.What are the pros and cons of retail?
As an example, department stores have the advantages of the diversity of products offered to customers, but they have high indirect costs and online competition. Specialty stores have a positive point in creating brand equity and a limited customer base as a disadvantage.
Therefore, to open a successful business, you must research more about business types and structures, conduct market research and develop a business plan with focused strategies aligned with the objective.
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How do productivity programs most benefit the way we work and live?
Answers
Answer:
They provide us with ways to communicate, display, and work with information more quickly and accurately.
At the beginning of the year, Plummer's Sports Center bought three used fitness machines from Brunswick Corporation. The machines immediately were overhauled, installed, and started operating. The machines were different; therefore, each had to be recorded separately in the accounts.
Machine A Machine B Machine C
Invoice price paid for asset $20,400 $37,300 $22,100
Installation costs 2,300 2,000 600
Renovation costs prior to use 2,900 2,500 1,700
By the end of the first year, each machine had been operating 5,400 hours.
2. Prepare the entry to record depreciation expense at the end of Year 1, assuming the following. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Machine Life Residual Value. Depreciation Method
A 9 years $1,300 Straight-line
B 77,000 hours. 3,300 Units-of-production
C 8 years 3,100 Double-declining-balance
CREATE A JOURNAL ENTRY WORKSHEET
Record the depreciation expense for year 1
Answers
Answer: Debit Depreciation Expense $11,714 Credit Accumulated Depreciation on : Machine A $3,400, Machine B $2,500 Machine C $5,814
Explanation:
How much notice must the landlord give you before entering your apartment (except in an emergency)?
Answers
Answer:
24 hours - 5 days.
Explanation:
In most states, they require your landlord to give you a 24-hour notice before entering your apartment (or sometimes 5 days).
Which person would suffer the most from inflation?
Group of answer choices
Brittany is a high school senior who has been saving money for all of her senior activities.
Braxton is approaching retirement but continues to work full-time.
Coach Hirsh invests in gold and sees the value of it go up by about 7% year to year.
Gertrude is a retired 80-year old woman living on a fixed income.
Answers
The person that would suffer from inflation is coach Hirsh who invests in gold and later sees the value goes up by 7% year to year. Thus option C is correct.
What is inflation?Inflation is the general rise of prices and directly affects the economy of goods and services. As the general process of the currency rises there is a production in the purchasing capacity.
Inflation can be measured by the inflation rate which is the general price index. Thus Coach Hirsh will suffer most form the inflation due to his loss in investment as value goes up.
Find out more information about inflation.
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How important is a business plan?
Answers
Answer:
Hey mate.....
Explanation:
This is ur answer.....
Whether you're starting a small business or exploring ways to expand an existing one, a business plan is an important tool to help guide your decisions. Think of it as a roadmap to success, providing greater clarity on all aspects of your business, from marketing and finance to operations and product/service details.
Hope it helps!
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Answer: Hewo, There! your Answer is Below
A business plan is a very important and strategic tool for entrepreneurs.
the purpose of a business plan is to help articulate a strategy for starting your business.
Explanation:
Hope this Helps you!!
Have a great day!!
A good business plan not only helps entrepreneurs focus on the specific steps necessary for them to make business ideas succeed
Around the world, many countries have passed laws to keep farm prices higher than they otherwise would be. Why does this widespread practice continue?
Answers
Answer:Widespread Discrimination Continues to Shape LGBT People’s Lives in Both Subtle and Significant Ways
Explanation:
Student Presentation Graphic Organizer
* Business Communications * Mrs. Menz * 2022 - 2023 *
Step One (6.01) Choose an audience
Highlight one or write in your response:
Your classmates
OR: you can role play for a different audience
A hiring committee A third-grade class A local community
organization
A club or team
A group of teachers A group of co-
workers
Your family Write in your own:
Step Two (6.01) Choose a category
Highlight one:
Informative Persuasive Instructional
The purpose of this
category is to give
background on an item, not
to convince someone to
think a certain way
The purpose of this
category is to move the
audience to action
The purpose of this
category is to demonstrate
proper technique or inform
on how to apply a skill
Works well with:
presentations on animals,
locations, biographies, and
historical events
Works well with:
environmental causes;
encouraging healthy
practices; giving music,
book, or song
recommendations;
Works well with: describing
sports techniques, teaching
how to make a recipe,
creating a product
Step Three (6.01) Choose a topic
Write in your response
Step Four (6.03) Finding appropriate sources
At least two sources of information
Name of Website: URL:
(Before completing the project, you will revisit your cites to gather details for APA
citation. “Knight Cite” by Calvin College is a handy resource)
Step Five (6.03) Determining Key data
Write in five to ten measurable facts
Step Six (1.03) Create an APA reference list for your sources
Create an APA citation for all sources that will be included on your final slide
Resources:
Purdue University Online Writing Lab (OWL)
Calvin College Knight Cite
Step Seven (7.03) Create a visually pleasing slide deck to share your information
Include at least two graphics / visuals. Credit sources in your works cited.
Time limit: 1 to 3 minutes, using audio recording on PowerPoint
Content is suitable for purpose and topic and includes 5 – 10 facts.
Additional resources:
https://piktochart.com/
Canva.com
Student PowerPoint Presentations
* Business Communications * Mrs. Menz * 2022 - 2023 *
Grading Criteria:
Content (8 points total)
The topic and purpose are clear
The message is appropriate for the target audience
Includes five to ten facts
Delivery (5 points total)
Presentation is between one and three minutes
Speaking voice is clear and confident
Visual Presentation (3 points total)
At least two visuals included
Visual effects add value to the presentation and do not distract from the message
References (4 points total)
At least two sources referenced
References are listed in APA format
Answers
Business Communications * Mrs. Menz * 2022 - 2023
For my student presentation in Business Communications with Mrs. Menz during the 2022-2023 academic year, I have chosen the following options:
Step One: Audience
I have decided to present to a hiring committee. This audience will allow me to showcase my skills and knowledge in a professional setting.
Step Two: Category
I have chosen the persuasive category for my presentation. The purpose of my presentation will be to persuade the hiring committee to consider me as a strong candidate for a specific job or role.
Step Three: Topic
I will focus on presenting the benefits of implementing a remote work policy in a company. I will discuss how remote work can improve employee productivity, work-life balance, and cost savings for the organization.
Step Four: Sources
I will gather information from at least two sources. The names of the websites and their URLs will be determined later after conducting research.
Step Five: Key Data
I will include measurable facts such as statistics on increased productivity in remote work environments, cost savings from reduced office space, and employee satisfaction surveys.
Step Six: APA Reference List
I will create an APA citation for each source I use in my presentation, ensuring proper credit for the information.
Step Seven: Slide Deck
I will create a visually appealing slide deck using PowerPoint, including at least two graphics or visuals related to remote work. I will credit the sources of these visuals in my works cited.
Overall, I will aim to meet the grading criteria by ensuring that my content is clear, appropriate for the hiring committee, includes five to ten persuasive facts, and is delivered within the time limit.
Additionally, I will focus on creating a visually pleasing slide deck that enhances my presentation without distracting from the message.
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PLEASE HELP ASAP!
Which example is an investment commodity? (Select the best answer.)
steel
shares in a company
microfinancing
a rare painting
Which option allows you to pool your money and invest in a portfolio with other investors? (Select the best answer.)
a 529 plan
an IRA account
a mutual fund
a 401(k) plan
Which piece of information is typically included in a stock listing? (Select the best answer.)
the predicted price of the stock over the next year
the company's SEC registration credentials
the number of shares of stock sold in a previous day
the number of shares of stock sold in the previous year
Which type of investment income happens when an investor sells ownership in an equity investment that's gained value? (Select the best answer.)
capital gains
dividends
interest
equity gains
Answers
Answer:
1. Steel
2. A Mutual Fund
3. The number of shares of stock sold in a previous day
4. Capital Gains
Explanation:
1. Investment commodities are investments in raw materials or primary goods that are still to be processed such as Agricultural produce and precious metals. Steel falls under this category.
2. A Mutual Fund works by pooling the resources and monies of various people and then investing it in various companies as a single portfolio. This way even though your funds might be little, you can still be able to diversify investments and make a good return.
3. When stock is listed for sale on a particular day, its trading figures for the previous day are listed as well.
4. Capital gain is a way to gain a return when the value of your investment has increased. When you sell that asset at the new price which is higher than the price you bought it, you make a capital gain on the transaction. For instance, R. Taylor bought stock for $100 in 2005 and it is now selling at $900 and Taylor sells it, Taylor now has a capital gain of $800.
"Easton Company uses 2019: Date Activity Quantity Unit Price 5/1 Beginning Inventory 130 $11 5/5 Purchase 280 $13 5/15 Purchase 140 $15 5/25 Purchase 160 $17 Sales were 430 units at $25. Using the FIFO method, determine the dollar value of Ending Inventory for the month of May.”
Answers
Answer:
$4,520
Explanation:
The computation of the dollar value of the ending inventory using the FIFO method is as follows:
But before that the ending inventory is
= Beginning inventory + purchased units + purchased units + purchased units - sales units
= 130 units + 280 units + 140 units + 160 units - 430 units
= 280 units
Now the ending inventory is
= 160 units × $17 + (280 units - 160 units) × $15
= $2,720 + $1,800
= $4,520
Consider total cost and total revenue, given in the following table:
In the final column, enter profit for each quantity. (Note: If the firm suffers a loss, enter a negative number in the appropriate cell.)
Total Cost Marginal Cost
(Dollars)
Quantity (Dollars)
0
1
2
3
4
5
6
7
5
6
8
11
15
20
26
35
05
06
07
Total Revenue Marginal Revenue
(Dollars)
(Dollars)
0
6
12
18
24
30
36
42
AAAAAAA
Profit
(Dollars)
In order to maximize profit, how many units should the firm produce? Check all that apply.
04
Answers
The solution to the given question when we consider total cost and total revenue, given in the following table:
The Financial TableQuantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit
------- | -------- | -------- | -------- | -------- | --------
0 | 5 | 5 | 0 | 0 | -5
1 | 11 | 6 | 6 | 6 | 1
2 | 17 | 6 | 12 | 6 | 5
3 | 24 | 7 | 18 | 6 | 4
4 | 31 | 8 | 24 | 6 | -7
5 | 39 | 8 | 30 | 6 | -9
6 | 47 | 8 | 36 | 6 | -11
7 | 55 | 8 | 42 | 6 | -13
As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.
Therefore, the answer to the question is 3.
In summary:
The firm's profit is maximized at quantity 3.This is because the marginal revenue is equal to zero at this point.If the firm produces more units, it will start to lose money.Therefore, the answer to the question is 3.Read more about marginal revenue here:
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In its closing financial statements for its first year in business, the Runs and Goses Company, had cash of $242, accounts receivable of $850, inventory of $820, net fixed assets of $3,408, accounts payable of $700, short-term notes payable of $740, long-term liabilities of $1,100, common stock of $1,160, retained earnings of $1,620, net sales of $2,768, cost of goods sold of $1,210, depreciation of $360, interest expense of $160, taxes of $312, addition to retained earnings of $508, and dividends paid of $218.
Calculate:
a. Return on equity = __________
b. Return on total assets = __________
c. Gross profit margin = __________
d. Net profit margin = __________
Answers
Answer:
return on equality
return on way
return on potos
i will want to know about questio n
i can help you in this field ok bro
helnid is my code way ti go
Return on Equity can be calculated as Return on Equity = Net Income / share holders equity. Return on Equity = 726 /2780. Thus, Return on Equity = 26.11%
What is Return on Equity?The ratio of a company's net income to the equity of its shareholders is known as return on equity (ROE). A company's profitability and the effectiveness of its revenue generation are measured by its return on equity (ROE). A corporation is better at turning its equity financing into profits the higher the ROE.
Although average ratios and those deemed "good" and "poor" might differ significantly from industry to industry, a return on equity ratio of 15% to 20% is typically regarded as good. The ratio would be regarded as low at 5%.
b)Return on Asset Ratio
Return on Asset Ratio = Net Income / Total Assets
Return on Asset Ratio = 726/ 5,320
Return on Asset Ratio = 13.65%
c)Gross Profit Margin
Gross Profit Margin = Gross Profit / Net Sales
Profit Margin = 1,558/ 2,768
Profit Margin =56.29%
d)Net Profit Margin
Net Profit Margin = Net Income / Net Sales
Profit Margin = 726/ 2,768
Net Profit Margin =26.23%
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QUESTION 5 of 10: True or False: The operations manager is involved primarily with supply network design. O a) True Ob) False
Answers
Answer:
true
Explanation:
An operations manager is a person who is involved with the supply network design which is also known as strategic supply chain planning. Thus, the given statement is true.
What is supply network design?The process of constructing and modeling a supply chain in order to fully understand the expenses and time associated with bringing items to market with the resources and locations available is known as supply chain network design.
Operations managers are in charge of product development and delivery, inventory and supply chain management, operations personnel and job design, and production are all under their control.
Therefore, The correct answer is Option a.
To learn more about Supply network design, refer to the link:
https://brainly.com/question/5004551
1. Explain your understanding of management.
Answers
Answer: Management means directing and controlling a group of people or an organization to reach a goal. Management often means the deployment and manipulation of human resources, financial resources, technological resources, and natural resources.
Hope it helped! if it did please mark me brainliest!!
tysm
Answer:
For me, there are two different meanings for the word management, it is either:
1. it is the process of dealing with or controlling things or people.
OR
2. it is the administration of an organization, whether it is a business, a non-profit organization, or a government body.
The Brisbane Manufacturing Company produces a single model of a CD player. Each player is sold for $182 with a resulting contribution margin of $71. Brisbane's management is considering a change in its quality control system. Currently, Brisbane spends $42,000 a year to inspect the CD players. An average of 1,900 units turn out to be defective: 1,520 of them are detected in the inspection process and are repaired for $75. If a defective CD player is not identified in the inspection process, the customer who receives it is given a full refund of the purchase price. The proposed quality control system involves the purchase of an x-ray machine for $210,000. The machine would last for five years and would have salvage value at that time of $18,000. Brisbane would also spend $470,000 immediately to train workers to better detect and repair defective units. Annual inspection costs would increase by $25,000. Brisbane expects this new control system to reduce the number of defective units to 400 per year. 350 of these defective units would be detected and repaired at a cost of only $41 per unit. Customers who still receive defective players will be given a refund equal to 120% of the purchase price.
Required:
a. What is the Year 3 cash flow if Brisbane keeps using its current system?
b. What is the Year 3 cash flow if Brisbane replaces its current system?
c. Assuming a discount rate of 8%, what is the net present value if Brisbane keeps using its current system?
d. Assuming a discount rate of 8%, what is the net present value if Brisbane replaces its current system?
Answers
Answer:
Year 3 cashflow:
current system: 243,360
alternative system: 102,240
Present cost:
current system PV -$971,665.9146
alternative system PV -$1,075,964.17
Explanation:
Current Scenario:
42,000 inspection cost
Repairs:
1,520 identified x $75 = 114,000
Refunds:
480 units x $182 = 87,360
Total yearly cost: 243,360
PV of an annuity of $243,360 during 5 years:
Present Value of Annuity
\(C \times \displaystyle \frac{1-(1+r)^{-time} }{rate} = PV\\\)
C 243,360
time 5
rate 0.08
\(243360 \times \displaystyle \frac{1-(1+0.08)^{-5} }{0.08} = PV\\\)
PV $971,665.9146
New Scenario:
Inspection cost: $42,000 + $25,000 = $77,000
Repair cost: 350 units x $41 = $14,320
Refunds: 50 units x $182 x 120% = $10,920
Total yearly cost: $102,240
F0 cost:
470,000 workers trainings
210,000 purchase cost
Total F0 cost: 680,000
Present Value of Annuity
\(C \times \displaystyle \frac{1-(1+r)^{-time} }{rate} = PV\\\)
C 102,240
time 5
rate 0.08
\(102240 \times \displaystyle \frac{1-(1+0.08)^{-5} }{0.08} = PV\\\)
PV $408,214.6742
PV of residual value:
PRESENT VALUE OF LUMP SUM
\(\frac{Maturity}{(1 + rate)^{time} } = PV\)
Maturity 18,000.00
time 5.00
rate 0.08
\(\frac{18000}{(1 + 0.08)^{5} } = PV\)
PV 12,250.50
Net present value:
- 680,000 -408,214.67 + 12,250.50 = 1,075,964.17