ction is C=300+0.8Yd, how much do mber without any Euro symbol)
Q: 21. Sprit Beverages, Inc. manufactures a sport drink on a continuous basis. The company makes…
A: No. of equivalent units Material Actual units Equivalent units Opening WIP 700 490 Units…
Q: Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack…
A: single plantwide factory overhead rate = Total factory overhead/Total processing hours
Q: A patent that was acquired for $1,680,000 at the beginning of the current year expires in 20 years…
A: Amortization is a kind of deduction in the value of intangible asset. is considered as an expense…
Q: Donald Electronics an electronics repair shop, prepared the unadjusted trial balance at the end of…
A: Here, Donald Electronics is about to prepare it's year end financial statements as at the end of its…
Q: Question No. 2 You have discovered in your first audit of STUVWXYZ Corp., the Account "Other Assets…
A: Adjusting entries are the entries that are required to pass in order to make the necessary…
Q: Variable Costing, Absorption Costing During its first year of operations, Snobegon, Inc. (located in…
A: Under Variable Costing, Contribution margin = Sales - Variable cost Operating Income = Contribution…
Q: Requirements: a. Journalize each transaction and prepare the necessary adjusting entries.
A: The transactions for the month of Dec 2021 for K-Dynamite company are given to us. The Company has…
Q: Determine if this shall result in recognition of liabilities 7. declaration of share dividends on…
A: The share dividend is a method of capitalizing on retained earnings. Generally, the large share…
Q: 1. Stihl Repairs completed the following petty cash transactions during July 2017: Add 13% HST to…
A: In all businesses, some payments are made by check for better control over cash. However, it is not…
Q: June supermarket applies a Gross Mark- up of 20% on all items. Below is an extract of the Income…
A: The gross profit can be calculated by deducting the cost of sales from sales revenue.
Q: nyder Company produced 90,000 units during its first year of operations and sold 86,100 at $19.92…
A: Answer 1) Calculation of Unit Cost under Absorption Costing Unit Cost = (Direct materials + Direct…
Q: A debt of $17520 with internet at 6 % compounded quarterly is to be repaid by equal payments at the…
A: The question is based on the concept of Financial Management. Annuity refers to the series of equal…
Q: Absorption and Variable Costing with Over- and Underapplied Overhead Flaherty, Inc., has just…
A: Disclaimer: “Since you have posted a question with multiple sub-parts, we will solve the first three…
Q: Material and Labor Variances The following actual and standard cost data for direct material and…
A: Materials Variances Material price variance = (Standard price-Actual price)×Actual quantity
Q: Rhett Corporation provides the following information for 2020: 20 Budgeted manufacturing…
A: The overhead rate is calculated as total overhead cost divided by estimated base activity. The…
Q: What is the cash dividends per share paid to the preferred and common stockholders during each of…
A: Annual Dividend to Preferred shareholders = No. of preferred share outstanding x Par value per share…
Q: Breaksit is a consulting firm providing financial consulting services to its clients. The following…
A: Cost volume profit analysis is the technique used by the management for decision-making. The methods…
Q: Give 2 takeaways in the importance of Non-Legal Law in Business Law and Give 1 Takeaway in the…
A: Business law refers to the law body which dealt with the commerce as well as business and it is…
Q: Selected balance sheet accounts for Tibbetts Company on September 30, 2019, are as follows: $ 48,000…
A: Working capital means difference between total current assets and total current liabilities. It is…
Q: When a firm gets riskier what will happen to its bonds Multiple Choice the stated interest rate…
A: Bond is a long term debt instrument indicating that a corporation has borrowed certain amount of…
Q: How much is the liquidation value per share of Jevan Company?
A: Liquidation is the process in which the company’s assets has been liquidated means cashed those…
Q: A consulting company has two departments, Corporate and Government. Conputer support is common to…
A: Allocation base is the basis on which cost accounting allocates overhead costs.an allocation base…
Q: Rak Sarang Corporation expects to sell 5,000 units in the first year, followed by a 300-unit…
A: Particulars Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total Forecasted sales (units)…
Q: You are the Treasurer for Short Run Sports Club and the manager asked you to prepare the financial…
A: For the preparation of the trial balance, income & expenditure, and balance sheet the following…
Q: Calculate the ratios below. Round answers to two decimal places. Average inventory $ 6,000…
A: Answer A) Calculation of Return on Assets Return on Assets = Net Income/ Average Total Assets Return…
Q: Sales 46,500,000 Raw materials inventory, beginning Raw materials inventory, ending 3,500,000…
A: Calculation of COGS : total cost ( in thousands of $) Direct material consumed:
Q: Claude leased a facility from ML partnership in January 1, 2018. Terms of the lease were as follows:…
A: given Claude leased a facility from ML partnership in January 1, 2018. Terms of the lease were…
Q: Determine if this shall result in recognition of liabilities 6. Declaration of cash dividends on…
A: Cumulative preference shares are those preference shares whose dividend gets accumulate if any year…
Q: P5,000 UF P5,000 F P2,000 UF P2,000 F а. C. b. d.
A: Introduction:- First we need to calculate standard rate as follows:- Direct Labor Efficiency…
Q: Dec 1 Purchased P1,250,000 inventory on account. Dec 3 Received P200,000 from a lessee as an advance…
A: Basic Accounting Journal Entries Current Liabilities Extract from Balance sheet as required
Q: The following information is available for Fess Company: Credit sales during 20X1 $ 150,000…
A: Doubtful debts relate to the total amount of account receivable thata company deems to be…
Q: The business transactions for January, 2020 follow: Jan. 1 Wilson invested P500,000 cash and…
A: A T-Account ledger is a log or list of accounts that keeps track of account transfers.
Q: hich is subject to interest of 6% per annum (effective), and that interest is earned in an…
A: The question is based on the concept of calculating the future value of cash flows in a project at…
Q: The following balances have been excerpted from ABC Company's balance sheets: 12/31/2017 12/31/2016…
A: insurance expense on the income statement for 2017 = Insurance premium paid during year + prepaid…
Q: Date Cash Paid Interest Expense Increase in Carrying Value Carrying Value 1/1/2018 $194,758…
A: Interest is the amount of money paid to the bondholders as return.
Q: Explain the meaning of the following terms: markup,additional markup, markup cancellation, net…
A: Products are priced at the selling price and used to compare different product lines. The selling…
Q: You need to borrow $10,000 right now but can repay the loan in 6 months. Since you want to pay as…
A: Simple Interest Loans are the loans in which the interest amount is calculated by multiplying the…
Q: On January 1, 2020, ER Corp. purchased a truck for $100,000, with an estimated useful life of 8…
A: Depreciation rate as per double declining balance method = 2/useful life
Q: takeAssignment/takeAssignmentMain.do?invoker=assignments&takeAssignmentSessionLocator=Dassignment-ta…
A: The maturity date or due date is the date when payment for note payable is to be made. The payment…
Q: chool work in information systems, mpany called eSys Answers. During year 1, the sets Purchase Date
A: Assets refer to the type of resources bought by an entity in order to evaluate some value out it in…
Q: Absorption and Variable Costing with Over- and Underapplied Overhead Flaherty, Inc., has just…
A: *As per the bartleby guidelines in case of interlinked questions answer first 3 only 1) The…
Q: What is the correct choice? A bond issue of $50,000 with a carrying value of $49,000 is converted…
A: Book Value method is a method of recording the conversion of the bonds into common stocks. Under the…
Q: what are the three probability ratios equations?
A: Ratio Analysis - The ratio is the technique used by the prospective investor or an individual or…
Q: predetermined OH rate for 2010: Expected overhead other than rework $850,000 Expected rework costs…
A: Overhead application (OA) refers to the assignment of the cost of factory overhead to the produced…
Q: Variable Costing, Value of Ending Inventory, Operating Income Pattison Products, Inc., began…
A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
Q: Liu Mart applies a Gross Margin of 50% on all items. Below is an incomplete extract of the Income…
A: The Gross Profit Margin is given 50% on all items.The Gross Profit is calculated with the help of…
Q: Record the appropriate entries, if any, on January 13, February 1, and May 1. (If no entry is…
A: Solution:- Preparation of journal entries as follows under:- Journal entry:- It is used to record a…
Q: odels are Isa riable to
A: Macroeconomics is a broad field. However, there are two specific disciplines of research that…
Q: Salve Co is engaged in raising dairy livestock. The entity provided the following information during…
A: As per IAs 41 Agriculture, A biological asset is to be measured at fair value less cost to sell…
Q: What is the net income for the current month under absorption costing? A. 29,800 В. C. 33,200 31,600…
A: Absorption costing is also known as full costing, it is a conventional technique for determining the…
Step by step
Solved in 2 steps
- 3. The following graph depicts a macro equilibrium. Answer the questions based on the information in the graph.(a) What is the equilibrium rate of GDP?(b) If full-employment real GDP is $1200, what problem does this economy have?(c) How large is the real GDP gap?You are given the following information about a closed economy with no government:Consumption = 445 + 0.75Y Investment = 250 Calculate the value of the multiplierIn Question 3, assume that GDP=$12, C=$3, G=$2, M–X=$1, R=6%, INF=12%. Calculate the capital investment spending (I). A. I=$5. B. I=$8. C. I=-$3. D. I=$4.
- Suppose that you have the following utility function: U=E(r) – ½ Aσ2 and A=3 Suppose that you have $10 million to invest for one year and you want to invest that money into ETFs tracking the S&P 500 (US) and S&P/TSX 60 (Canada) index, which are often used as proxies for the US and Canadian stock markets, respectively, and the Canadian one-year T-bill. Assume that the interest rate of the one-year T-bill is 0.35% per annum. You have found two ETFs that you are interested in. From a set of their historical data between 2001 and 2019, you have estimated the annual expected returns, standard deviations, and covariance as follows: ETFUS : E(r)= 0.070584 0.173687 ETFCDA : E(r)= 0.073763 0.16816 Covariance between ETFUS and ETFCDA = 0.02397 Answer the following questions using Excel: Draw the opportunity set offered by these two securities (with increments of 0.01 in weight). Hint: In Excel, calculate the portfolio expected return and…Suppose that you have the following utility function: U=E(r) – ½ Aσ2 and A=3 Suppose that you have $10 million to invest for one year and you want to invest that money into ETFs tracking the S&P 500 (US) and S&P/TSX 60 (Canada) index, which are often used as proxies for the US and Canadian stock markets, respectively, and the Canadian one-year T-bill. Assume that the interest rate of the one-year T-bill is 0.35% per annum. You have found two ETFs that you are interested in. From a set of their historical data between 2001 and 2019, you have estimated the annual expected returns, standard deviations, and covariance as follows: ETFUS : E(r)= 0.070584 0.173687 ETFCDA : E(r)= 0.073763 0.16816 Covariance between ETFUS and ETFCDA = 0.02397 Answer the following questions using Excel: Determine your optimal asset allocation among ETFUS , ETFCDA , and T-bill, in percentage and in dollar amounts. Also submit an Excel file to show your…Suppose that you have the following utility function: U=E(r) – ½ Aσ2 and A=3 Suppose that you have $10 million to invest for one year and you want to invest that money into ETFs tracking the S&P 500 (US) and S&P/TSX 60 (Canada) index, which are often used as proxies for the US and Canadian stock markets, respectively, and the Canadian one-year T-bill. Assume that the interest rate of the one-year T-bill is 0.35% per annum. You have found two ETFs that you are interested in. From a set of their historical data between 2001 and 2019, you have estimated the annual expected returns, standard deviations, and covariance as follows: ETFUS : E(r)= 0.070584 0.173687 ETFCDA : E(r)= 0.073763 0.16816 Covariance between ETFUS and ETFCDA = 0.02397 Answer the following questions using Excel: What is the optimal portfolio of ETFUS and ETFCDA? Also submit an Excel file to show your work.
- If the government wishes to decrease GDP by $2,000b, and the MPC is 0.6, it should: Question 25 options: increase its spending by $800b. decrease its spending by $1,200b. increase its spending by $1,200b. decrease its spending by $800b.Answer the following question (Q#4) Consider a poor country with an under-developed economy which could invest trillions into its current capital stock – either moving “up” its current productivity “curve” (PC) or shifting to a new and higher productivity (PC) curve. Which approach is likely best for increasing the country’s living standards (Real GDP Per Person) through time? (a) A continuous build-up of the current capital stock with established technology will achieve more – capital “deepening” with more capital for each worker. (b) R&D that supports “cutting edge” invention and innovation will propel labor (Q#8) Until recently, the economy in China has grown steadily due to the deliberate emphasis on low skill – low wage factory labor methods. However, China’s economic standard of living is still comparatively low. To achieve a U.S. or German standard of living what should be done? a) China should…6. The multiplier effect Consider a hypothetical economy where there are no taxes and no foreign trade, and households spend $0.75 of each additional dollar they earn and save the remaining $0.25. The marginal propensity to consume (MPC) for this economy is 0.75 ; the marginal propensity to save (MPS) for this economy is 0.25 ; and the multiplier for this economy is 4 Suppose investment spending in this economy increases by $100 billion. The increase in investment will lead to an increase in income, generating an increase in consumption that increases income yet again, and so on. Fill in the following table to show the impact of the change in investment spending on the first two rounds of consumption spending and, eventually, on total output and income. Hint: Be sure to enter a negative sign in front of the number if there is a decrease in consumption. Change in Investment Spending = $100 billion First Change in Consumption = billion Second Change in Consumption = 24 billion Total…
- Suppose S(NZD/USD) = 1.5000 and S(MYR/USD) = 4.4000. What is the cross rate S(MYR/NZD)? Choose the closest answer to your own calculations. a. 2.9333 b. 0.3409 c. 6.6000 d. 0.1515The payoffs of an investment are dependent on the state of the economy. The economy can have two states, recession or growth, with equal probability. If the payoff in the event of growth is $140 and in the event of recession is $80, what is the expected payoff for the investment? a.$100 b.$130 c.$120 d.$110Convert the projected franc flows into dollar flows and calculate the NPV. (Do not round intermediate calculations and enter your answer in dollars, not millions, rounded to 2 decimal places, e.g., 1,234,567.89.) b-1. What is the required return on franc flows? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b-2. What is the NPV of the project in Swiss francs? (Do not round intermediate calculations and enter your answer in dollars, not millions, rounded to 2 decimal places, e.g., 1,234,567.89.) b-3. What is the NPV in dollars if you convert the franc NPV to dollars?