A production process consists of a three-step operation. The scrap rate is 19 percent for the first step and 10 percent for the other two steps. a. If the desired daily output is 486 units, how many units must be started to allow for loss due to scrap? (Do not round intermediate calculations. Round up your final answer to the next whole number.) Answer is complete and correct. b. If the scrap rate for each step could be cut in half at every operation, how many units would this save in terms of the scrap allowance? (Do not round intermediate calculations. Round up your final answer to the next whole number) Answer is complete but not entirely correct.
Answers
The total units saved in terms of the scrap allowance is approximately 32 + 34 + 37 = 103 units.
a. To determine the number of units that must be started to allow for loss due to scrap, we need to account for the scrap rate at each step of the three-step operation.
Step 1 scrap rate: 19%
Step 2 and 3 scrap rate: 10%
Desired daily output: 486 units
To calculate the total units that must be started, we divide the desired daily output by the complement of the scrap rate at each step. The complement of the scrap rate represents the proportion of units that are not lost due to scrap.
Step 1 units: 486 / (1 - 0.19) = 486 / 0.81 ≈ 600
Step 2 units: 600 / (1 - 0.10) = 600 / 0.9 ≈ 667
Step 3 units: 667 / (1 - 0.10) = 667 / 0.9 ≈ 741
Therefore, approximately 741 units must be started to allow for loss due to scrap.
b. If the scrap rate for each step is cut in half at every operation, we need to recalculate the number of units saved in terms of the scrap allowance.
New scrap rates:
Step 1 scrap rate: 19% / 2 = 9.5%
Step 2 and 3 scrap rate: 10% / 2 = 5%
Using the same calculation method as in part a, we can determine the new number of units saved.
Step 1 units saved: 600 - (600 / (1 - 0.095)) ≈ 32
Step 2 units saved: 667 - (667 / (1 - 0.05)) ≈ 34
Step 3 units saved: 741 - (741 / (1 - 0.05)) ≈ 37
The total units saved in terms of the scrap allowance is approximately 32 + 34 + 37 = 103 units.
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Related Questions
Does the following example describe either a domestic market for goods/services or a domestic market for labor? Select the best answer. A market where health care is bought and sold Answer 2 Points Keypad O No, this describes neither a market for goods/services nor a market for labor. Yes, this describes either a market for goods/services or a market for labor.
Answers
Yes, the example of a market where health care is bought and sold describes a domestic market for goods/services. In this market, the goods/services being bought and sold are the health care services, such as the doctor's appointments, the medical treatments, and the prescriptions.
While the market for labor is involved in the production of these goods/services, the focus of this example is on the buying and selling of the health care services themselves, not the labor involved in providing them. Therefore, it is best described as a domestic market for goods/services and not as a market of the labor.
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An auditor most likely would extend substantive tests of payroll when: Multiple Choice payroll is extensively audited by the state government. payroll expense is substantially higher than in the prior year due to company growth. overpayments are discovered in performing tests of details. employees complain to management about too much overtime.
Answers
An auditor would most likely extend substantive tests of payroll when overpayments are discovered in performing tests of details, as this suggests a potential risk of material misstatement. Therefore, option C is correct.
By extending substantive tests, the auditor can obtain additional evidence to confirm the accuracy and completeness of payroll transactions and account balances, as well as identify any material misstatements.
Payroll expense being substantially higher than in the prior year due to company growth or employees complaining to management about too much overtime are not necessarily indicators of a potential misstatement.
They may warrant further investigation, but they do not directly relate to the accuracy of payroll transactions or account balances.
Similarly, the fact that payroll is extensively audited by the state government does not necessarily mean that an auditor should extend substantive tests of payroll, as the state government may have different audit objectives and procedures.
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How did your participation in the personal and professional development activities go?
Answers
If you have any questions related to personal or professional development activities, I would be happy to try and assist you with them.
Professional development is the process of acquiring new knowledge, skills, and competencies that are necessary to advance in one's career or profession. It is a lifelong learning process that enables individuals to stay up-to-date with the latest trends, technologies, and best practices in their field. Professional development can take many forms, including attending conferences, workshops, and seminars, participating in online courses or webinars, reading industry journals or books, and networking with peers.
Professional development is essential for individuals who want to remain competitive in today's rapidly changing job market. It helps them to improve their job performance, enhance their job satisfaction, and increase their earning potential. Moreover, professional development is beneficial for employers as well, as it allows them to maintain a skilled and knowledgeable workforce that is capable of meeting the demands of their business.
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true or false: a market that reaches efficient equilibrium for price and quantity will result in a total surplus that is as large as possible. this large total surplus allows the consumers and producers to share the total surplus in a fair and equitable way.
Answers
At the optimal level of production, there can be no increase in consumer surplus without a reduction in producer surplus.
Companies listed (the Paris stock market) is open from 9:00 a.m. to 5:30 p.m. local time without a lunch break. The Swiss Exchange is open from 9:00 am to 5:30 pm; there is no lunch break (Local time). It is well knowledge that the Indian stock markets open at 9:15 am and close at 3:30 pm (IST). Which stock exchange is open late? The two primary stock exchanges in India are the Ebs and the Indian National Stock Exchange. The BSE's overnight trading hours are from 3:00 p.m. to 8:59 a.m. for stock trading. The overnight trading hours of the NSE are.
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Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
Answers
($14)(25)=$350
($25)(11)=$275
$350+$275= $625
You are considering a 3/5 ARM. What does the 5 represent?
OA. The interest rate of the initial fixed-rate loan period
B. The total number of years in the loan
OC. The number of years between adjustments in the interest rate
D. The number of years that a fixed interest rate will be applied to the
loan
Answers
The number 5 in a 3/5 ARM (Adjustable Rate Mortgage) represents Option C. The number of years between adjustments in the interest rate.
An ARM, or Adjustable Rate Mortgage, is a type of mortgage loan where the interest rate can change over time. The "3/5" in a 3/5 ARM refers to the initial fixed-rate period and the subsequent adjustment period. In this case, the number 3 represents the initial fixed-rate period, during which the interest rate remains unchanged. After this initial period, the interest rate can adjust periodically based on certain factors, such as market conditions.
The number 5 represents the number of years between adjustments in the interest rate. It means that after the initial fixed-rate period of 3 years, the interest rate on the loan will be adjusted every 5 years. During these adjustment periods, the interest rate can either increase or decrease based on the terms of the mortgage agreement and the prevailing market rates.
Choosing a 3/5 ARM means that the borrower will have a fixed interest rate for the first 3 years of the loan and then the interest rate will be adjusted every 5 years thereafter until the loan is paid off or refinanced. The specific details of the adjustments, such as the index used and the margin, will be outlined in the loan agreement.
It's important for borrowers considering an ARM to carefully evaluate their financial situation and future plans, as the fluctuating interest rates can affect their monthly mortgage payments. It's also crucial to understand the terms and conditions of the ARM, including the adjustment period, so they can make informed decisions regarding their mortgage. Therefore, the correct option is C.
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the main difference between the current assets on the balance sheet of a service company and a manufacturer is that a manufacturer has
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The accounts provided, however, differ primarily in one important way. The asset section reflects this distinction. Service businesses do not have an asset for inventory, whereas retail businesses do. As a current asset, this is listed.
What is the main distinction between service providers and manufacturers when it comes to the consumption of their products?The main distinction between manufacturing businesses and service providers is that the final goods offered by the latter are used right away. The majority of labor expenses incurred by service businesses are due to providing services to clients.
What is the primary distinction between a manufacturer's and a merchandiser's cost of goods sold?Direct materials, direct labor, or overhead costs are the three categories into which product costs can be divided. The cost of products sold by a manufacturer and a merchandiser are primarily differentiated by the inclusion of cost of goods created by the merchandiser as opposed to cost of goods purchased.
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in order to become a paid economist for a profit seeking business in the usa, you need only a high school diploma.
Answers
In order to become a paid economist for a profit-seeking business in the USA, you typically need more than a high school diploma.
Moreover, most positions require a bachelor's degree in economics or a related field, while higher-level positions often require a master's degree or even a Ph.D. in economics. Holding a master's degree makes you more competitive in the job market. A high school diploma alone is generally insufficient for this career path.
However, NSA professional requires limited education, and a high school diploma is enough for them. Jobs that only require a high school diploma and no experience are-Farm manager, Plumber, Police officer, and Public transportation operator.
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What job in the marketing field is not typically available to people just starting their marketing career?
A.Manager
B.Graphic designer
C.Web developer
D.Editor
Answers
Answer:
manger
Explanation:
i took the test
The job in the marketing field is not typically available to people just starting their marketing career as of Managers. Thus the correct option is A.
What is a Career?A career is what someone chooses as a vocation to earn money. An individual's career is based on his talents, skills, and abilities, which enable him to seek growth and development and achieve his life goals.
When an individual starts their career in the field of marketing they get opportunities on the beginner level like graphic designer, web developer as well as Editor.
The manager-level job is a high-position job that requires expertise and experience in order to bring excellent work to the organization by completing the tasks and achieving goals.
Therefore, option A is appropriate.
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which two of the listed account control options are mutually exclusive?
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Among the listed account control options, two options that are mutually exclusive are "Single Sign-On (SSO)" and "Two-Factor Authentication (2FA)."
Single Sign-On (SSO) is a mechanism that allows users to access multiple applications or systems with a single set of credentials. It eliminates the need for users to remember multiple usernames and passwords, as they can authenticate once and gain access to various resources seamlessly. SSO works by establishing a trusted relationship between the identity provider and the service providers.
On the other hand, Two-Factor Authentication (2FA) is an additional layer of security that requires users to provide two different forms of identification to access a system. Typically, 2FA involves something the user knows (e.g., a password) and something the user possesses (e.g., a mobile device or a security token). This adds an extra level of security by ensuring that even if one factor is compromised, an attacker still needs the second factor to gain unauthorized access.
Since SSO aims to simplify user authentication and provide a seamless experience, it typically relies on a single set of credentials. In contrast, 2FA adds an additional layer of security by requiring two separate forms of authentication. Therefore, these two account control options, SSO and 2FA, are mutually exclusive and cannot be used together in most scenarios. Organizations may choose to implement either SSO or 2FA based on their specific security and usability requirements.
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which two of the listed account control options are mutually exclusive?
a. Single Sign-On (SSO)
b. Two-Factor Authentication (2FA)
c. User Access Controls
d. Password Policies
Blake made periodic deposits into a savings account at the end of every month for 5 years. The investments were earning 7.80% compounded quarterly and grew to $12,125.00 at the end of 5 years. 1. Calculate the size of the month-end deposits. a. $169.49
b. $166.10
c. $108.16 d. $162.81 2. How long will it take for the $12,125.00 to accumulate to $33,315.00 if the interest rate remained the same and he continued making the same month-end deposits throughout the term? a. 6 years and 10 months b. 10 years and 10 months c. 5 years and 10 months d. 5 years and 13 months
Answers
Given that Blake made periodic deposits into a savings account at the end of every month for 5 years. The investments were earning 7.80% compounded quarterly and grew to $12,125.00 at the end of 5 years.
Calculate the size of the month-end deposits.Since the interest is compounded quarterly, the effective quarterly interest rate can be calculated as follows:Effective quarterly interest rate = 7.80% / 4 = 1.95%Using the formula for the future value of an ordinary annuity,FV = PMT × [(1 + r)n - 1] / rwherePMT is the monthly payment,r is the effective quarterly interest rate,n is the total number of quartersAfter substituting the values and simplifying the equation, we getPMT = FV × r / [(1 + r)n - 1] / [(1 + r)3n]PMT = 12125 × 0.0195 / [(1 + 0.0195)20 - 1] / [(1 + 0.0195)60]PMT = $162.81Hence the size of the month-end deposits is $162.81.
How long will it take for the $12,125.00 to accumulate to $33,315.00 if the interest rate remained the same and he continued making the same month-end deposits throughout the term?Using the formula for the future value of an ordinary annuity,FV = PMT × [(1 + r)n - 1] / rwherePMT is the monthly payment,r is the effective quarterly interest rate,n is the total number of quartersThe number of quarters can be calculated as follows:Total number of quarters = 5 × 12 × 4 = 240The future value of the annuity after 5 years is $12,125.00.
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Everywhere Sports is a retail store supplying sporting equipment to community sports clubs. Information about the store’s operations is as follows:
■ October sales amounted to $400 000.
■ Sales are budgeted at $440 000 for November and $400 000 for December.
■ Receipts are expected to be 60 per cent in the month of sale and 38 per cent in the month following the sale. Two per cent of sales receipts are expected to be uncollectable.
■ Cost of sale is 60% of the sale price. All goods are purchased in the month of sale while payment is made in the month following the purchase.
■ Other monthly expenses paid in cash amount to $45 200.
■ Annual depreciation expense is $32 000.
Answers
By understanding these aspects of Everywhere Sports' operations, the company can assess its sales, cash flow, and profitability. These details are important for financial planning, budgeting, and decision-making processes to ensure the store's financial stability and success.
Based on the given information about Everywhere Sports' operations, we can explain the following:
Sales and Receipts:
In October, the sales amounted to $400,000.
For November, the budgeted sales are $440,000, and for December, the budgeted sales are $400,000.
Receipts are expected to be 60% in the month of sale, which means that 60% of the sales revenue is expected to be received in the same month the sales occur.
Additionally, 38% of the sales revenue is expected to be received in the month following the sale.
It is also mentioned that 2% of the sales receipts are expected to be uncollectible.
Cost of Sale:
The cost of sale is stated to be 60% of the sale price. This means that 60% of the sales revenue is attributed to the cost of acquiring the goods sold.
According to the information provided, all goods are purchased in the month of sale while payment is made in the month following the purchase.
Other Monthly Expenses:
There are other monthly expenses paid in cash, which amount to $45,200. These expenses are likely to include various operating costs such as rent, utilities, salaries, and other expenses necessary for the store's operations.
Annual Depreciation Expense:
Everywhere Sports incurs an annual depreciation expense of $32,000. Depreciation represents the allocation of the cost of the store's long-term assets over their useful lives. This expense reflects the wear and tear or obsolescence of the store's assets, such as equipment, fixtures, or buildings, over time.
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The use of short, direct sentences with no fluff is known as ______. a. Business style b. Casual style c. Creative style d. Direct style
Answers
Answer:
A
Explanation:
The question asks you to finish the statement and supply any more words that would help it. Hence option A is correct .
What is Business Style ?Based on this, my response would be that the phrase is referred to as a business style. If I answered your question satisfactorily, please feel free to ask any more questions.
The term "Business Style" refers to the business name that the taxpayer uses that is registered with the relevant regulatory agency in addition to its registered name or company name.
BUSINESS WRITING STYLE
This corporate writing manual uses the term "style" to describe the structure, tone, and intensity of sentences.
Academic writing style and business writing style are very different.
In a book about writing, the following statement was advised to students:scholarly writing
"As a third-year history major with a little more than $10,000 in student loan debt, I find McPherson and Schapiro's rejection of Clinton's national service plan to be short-sighted and insensitive to the experiences of many college students who are struggling to pay for their education only to face significant financial burdens after graduation.
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Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called Group of answer choices auditing. economics. finance. accounting.
Answers
Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called accounting.
Accounting is a fundamental process in business and financial management. It involves systematically recording financial transactions, classifying them into appropriate categories, and summarizing the information to create financial statements such as the income statement, balance sheet, and cash flow statement. These financial statements provide a snapshot of a company's financial performance, position, and cash flows, enabling decision-makers to analyze and make informed decisions about the organization's operations, investments, and financial strategies.
While auditing, economics, and finance are related disciplines, each has its own distinct focus. Auditing involves examining and evaluating financial records and statements to ensure accuracy, compliance, and reliability. Economics studies the production, distribution, and consumption of goods and services within an economy. Finance, on the other hand, focuses on managing financial resources, investments, and the financial aspects of decision making. However, accounting serves as the foundation for providing the necessary financial information in these areas.
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Barry Olson has mastered strong technical skills as the manager of a large toy store. He is very skilled at all the aspects of managing the store and the employees of the store. Soon, he will take a new position as regional manager for several toy stores. His boss remarked to him last week that he will be utilizing his _____ skills to communicate, coach, and motivate managers who have positions similar to his old position.
Answers
Answer:
human
Explanation:
Human skills are the skills that can be related to one another. The person who have the strong human skills that could easily engaged with the audience, potential customer. ALso at the same time they would able to connect with the people and those people who feel the individual at personally level
So as per the given situation it is a human skills
The invisible hand refers to the:__________
a) fact that the U. S. Tax system redistributes income from rich to poor.
b) notion that, under competition, decisions motivated by self-interest promote the social interest.
c) tendency of monopolistic sellers to raise prices above competitive levels.
d) fact that government controls the functioning of the market system
Answers
The idea that self-interested actions advance societal interest under competition is known as the "invisible hand." Smith referred to this as the "invisible hand."
What exactly is a business example interest?Protecting an employer's trade secrets or sensitive information, a company's reputation, and potential or existing clients are a few examples of legitimate commercial interests. Protecting an employee from public competition is one thing that doesn't constitute a valid business interest.
Why does interest matter in business?In a market economy, interest fulfils a number of important roles. The most prominent example of this coordination between savers and borrowers is when borrowers are compelled to pay interest so as to loan additional money in order to increase their current spending.
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which sentence best demonstrates an appropriate style for an argumentative essay?
Answers
An argumentative essay requires a clear and persuasive writing style to effectively present and support a particular viewpoint. Here's an example of a sentence that demonstrates an appropriate style for an argumentative essay:
"The implementation of stricter gun control laws is imperative to reduce the alarming rates of gun violence in our society, as evidenced by numerous studies and statistics highlighting the correlation between lax regulations and increased gun-related incidents."
In this sentence, the writer presents a strong claim ("the implementation of stricter gun control laws is imperative") and supports it by referring to credible evidence ("numerous studies and statistics highlighting the correlation between lax regulations and increased gun-related incidents"). The sentence uses a persuasive tone to convey the writer's viewpoint on the topic. The language is clear, direct, and objective, relying on facts and research to support the argument.
An argumentative essay should strive to maintain a balanced and respectful tone, while presenting logical reasoning, evidence, and counterarguments.
Therefore, It is essential to avoid personal attacks, emotional language, or biased statements. Instead, the focus should be on presenting a well-structured and coherent argument that engages the reader and encourages critical thinking.
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What public works project was built to help with unemployment during the great depression?.
Answers
Answer: Im also taking this test and i believe the answer is Hoover Dam i might be wrong
Explanation: Hoover Dam
Economists believe that scarcity forces everyone to:a. satisfy all wants.b. lie about their wants.c. create unlimited resources.d. abandon consumer sovereignty.e. make choices.
Answers
Economists believe that scarcity forces everyone to abandon consumer sovereignty.
What is consumer sovereignty?According to the economic idea of "consumer sovereignty," consumers have some influence over the items that are made and are the best judges of their own welfare. Consumer sovereignty in production refers to the right of consumers, as opposed to the owners of scarce resources, to determine what final products should be produced from those resources. On occasion, it is proposed as a hypothesis that customer demand drives the production of products and services. Understanding consumer sovereignty requires an understanding of consumers and their needs. Everyone is a consumer, and they all have needs for both raw materials for manufacturing, like time, as well as finished items, like food and commodities like oil and gas.
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the nasdaq only carries small company’s stocks; by regulation, large firms’ stock must trade on the nyse, not on the nasdaq. true or false?
Answers
The Nasdaq only carries small company’s stocks; by regulation, large firms’ stock must trade on the Nysa, not on the Nasdaq. The statement is False.
False. The statement is not accurate. The NASDAQ stock exchange is known for listing a significant number of technology and growth-oriented companies, but it is not limited to small company.
In fact, NASDAQ is home to many large and well-established companies, including some of the world's most recognizable tech giants like Apple, Microsoft, and Amazon.
While the New York Stock Exchange (NYSE) historically listed more traditional industries, the distinction between the exchanges has become less pronounced over time. Both the NASDAQ and NYSE list stocks of various sizes, and large firms have the flexibility to choose the exchange that best suits their needs.
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________________________ equalizes the prices of internationally traded goods across countries.
Answers
Answer:purchasing power parity
Explanation:
When the market is in equilibrium, the price that consumers pay and that producers receive exactly balances the:.
Answers
In an equilibrium market, the prices balance the marginal benefit and marginal cost of consuming and producing a good or service.
What is equilibrium?Equilibrium simply means when demand and supply are balanced.
When the market is in equilibrium, the price that consumers pay and that producers receive exactly balances the marginal benefit and marginal cost of consuming and producing a good or service.
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and why cant i keep a relationship??
Answers
Answer:you can keep a relationship never give up and find the one for you.
Explanation:
the eisp component of provides informatino on the importance of infosec in the organization
Answers
The EISP component provides information on the importance of information security in the organization - True
Information on the significance of information security in the organisation is especially provided by the EISP (Enterprise Information Security Policy) component. The organization's general approach and structure for information security are described in the EISP, a policy document. Information security-related high-level declarations, objectives, duties, and recommendations are frequently included.
Even while the EISP may discuss the value of information security within the company, its main goal is to offer a thorough and organized framework for managing and protecting information assets. It assigns roles and duties, outlines procedures, and lays the basis for establishing and maintaining efficient information security practises across the organisation. It also defines the organization's security goals.
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Complete Question:
The EISP component provides information on the importance of information security in the organization - True/False
Which are Career and Technical Student Organizations? Select six options.
Business Professionals of America
American Association of School Administrators
American Chemical Society
DECA
Future Business Leaders of America
FFA
Skills USA
FCCLA
Answers
The Career and Technical Student Organizations are Business Professionals of America, DECA, Future Business Leaders of America, FFA, SkillsUSA, and FCCLA.
Career and Technical Student Organizations (CTSOs) are extracurricular groups that provide students with opportunities to develop leadership skills, explore career pathways, and enhance their technical and professional abilities. Out of the options provided, the six CTSOs are:
1. Business Professionals of America (BPA): BPA focuses on developing business and leadership skills among students, with a focus on careers in business, finance, marketing, and information technology.
2. DECA: DECA is an organization that prepares students for careers in marketing, management, and entrepreneurship. It offers competitions, leadership development, and networking opportunities.
3. Future Business Leaders of America (FBLA): FBLA is a student organization that helps students develop leadership and business skills. It offers a wide range of competitive events and programs related to business and entrepreneurship.
4. FFA (formerly known as Future Farmers of America): FFA is an organization that promotes agricultural education and provides opportunities for students interested in agriculture, food science, and natural resources to develop leadership skills and career readiness.
5. SkillsUSA: SkillsUSA focuses on career and technical education, offering students opportunities to develop trade-specific skills, compete in various technical events, and participate in leadership activities.
6. FCCLA (Family, Career, and Community Leaders of America): FCCLA aims to help students develop leadership skills and prepare for careers in family and consumer sciences. It focuses on areas such as culinary arts, early childhood education, fashion design, and hospitality management.
These organizations provide students with valuable experiences outside of the classroom, allowing them to apply their skills, connect with industry professionals, and explore potential career paths within their respective fields.
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88 million people live on less than $1. 00 a day. These people are said to be living in _____________.
Answers
88 million people live on less than $1. 00 a day. These people are said to be living in absolute poverty.
Poverty is about no longer having enough money to fulfill primary wishes which include meals, garb and safe haven. but, poverty is extra, an awful lot more than just now not having enough cash. the arena bank corporation describes poverty in this manner: “Poverty is hunger. Poverty is loss of safe haven.
We will outline poverty as the circumstance in which the fundamental needs of a own family, like meals, refuge, clothing, and schooling are not fulfilled. it is able to lead to different troubles like poor literacy, unemployment, malnutrition, and so on. A terrible individual is not capable of get education due to lack of cash and consequently stays unemployed.
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Maya is concerned about her credit problems and is worried
about the debt she's accumulated throughout college. Which
of the following strategies is the most advisable for Maya?
automatically apply for bankruptcy
immediately consolidate her loans
look for a reputable credit counselor
Answers
Answer:
C!
Explanation:
Debts are often referred to as money owed by individuals and they have no way to pay for it. The
best strategy that is the most advisable for Maya is to look for a reputable credit counselor
A credit counselor often tells an individual the right steps to take concerning any credit be it debt or any other things.If you can't make a payment or meet the options given, it is better to discuss payment options, contact your lenders to explain your situation or a credit counselor.
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For Tesla, the Model S represents a
(BCG) market growth/market share matrix.
on the Boston Consulting Group
Answers
The answer is "star" and its further explanation can be defined as follows:
The Tesla Model S is pleasant during the day, but fitness and finish are something to want. When heading for just a quick ring all-around city or heading off to the other side, Model S 2020 is full of space and luxury. It is a quality rating of 7 out of 10.The Tesla Model S is the top U.S. car with an overall score of 70 in the ultra-luxury car category. The top-range model S is 373 miles long and has one of today's largest ranges. For Tesla, Model S is a star in the growth/market share matrix of the Boston Consulting Group. The hunting for a high-quality premium car, Tesla Model S.Its overall design is maybe 10-years old, but the type S still sets a baseline for all EVs, and it has an unmatched driving range. The Model S is rather costly at $80,000 on the other hand.That's why the correct answer is "star".
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On December 31, 2019, Perseverance Company received two P5,000,000 notes receivable from customers in exchanged for consulting services rendered. On both notes, interest is calculated on the outstanding principal balance at the annual rate of 4% and payable at maturity. The note from Rose Corporation, made under customary trade terms, is due on October 1, 2020 and the note from Mary Corporation is due on December 31, 2024. The market interest rate for similar notes on December 31, 2019 was 10%. The compound interest factors to convert future value into present value at 10% follow: present value of 1 due in nine months, 0.93, and present value of 1 due in five years, 0.62.
a. At what amount should the note receivable (note as issued by Mary) be measured by Perseverance on December 31, 2019?
b. At what amount should the note receivable (note as issued by Rose) be measured by Perseverance on December 31, 2019?
Rush please. Thank you.
Answers
The amount at which the note receivable should be measured by Perseverance on December 31, 2019, is:
P5,000,000 x 0.62 = P3,100,000
a. The note receivable issued by Mary should be measured by Perseverance on December 31, 2019, using the present value concept. The present value of the note is calculated by multiplying the future value of the note by the present value factor.
The future value of the note is P5,000,000 and the present value factor for a note due in five years is 0.62.
Therefore, the amount at which the note receivable should be measured by Perseverance on December 31, 2019, is:
P5,000,000 x 0.62 = P3,100,000
b. Similarly, the note receivable issued by Rose should also be measured using the present value concept. The future value of the note is P5,000,000 and the present value factor for a note due in nine months is 0.93.
Therefore, the amount at which the note receivable should be measured by Perseverance on December 31, 2019, is:
P5,000,000 x 0.93 = P4,650,000
So, the note receivable issued by Mary should be measured at P3,100,000 and the note receivable issued by Rose should be measured at P4,650,000 on December 31, 2019.
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Franklin Inc., an apparel manufacturer based in Scotland, opened a new store in the United States. Franklin's designs were well received by consumers in the host country. However, the firm incurred very high expenses due to the expensive rents and the higher costs of labor. Also, there was a hike in the price of fuel in the United States. This led to increased expenditures on the transportation of goods. This indicates that Franklin Inc. had serious issues in the United States due to poor: Group of answer choices
Answers
Answer:
Economic conditions
Explanation:
Since in the question it is mentioned that the firm would incurred greater amount of expenses because of the expensive rents and the labor cost also their would be increase in the fuel price due to this it would increase the expenditure on the transportation so here the serious issues would be with the economic conditions as the price expenses denotes the economics
Therefore it represent the economic conditions