A computer glitch (of all things) was discovered at The Baruch Academic Computing Center, and it was determined that only 1,150 students were actually served. If the design capacity of the system is 1,800 students per semester and the highest number of students who can actually go to their 93. 18 orientation session is 1,200, what is the utilization and efficiency of the system?

Answers

Answer 1

Answer:

Utilization = 0.6388 = 63.88%

Efficiency = 0.9583 = 95.83%.

Explanation:

So, in this question we are given the following parameters or information or data that is going to assist us in solving this question/problem and they are;

=> "only 1,150 students were actually served. If the design capacity of the system is 1,800 students per semester''

=> " the highest number of students who can actually go to their orientation session is 1,200".

(A). Thus, the Utilization of the system= real capacity/ designed capacity.

=> 1150/1800 = 0.6388.

Hence, 0.6388 × 100% = 63.88%

(B). Efficiency of the system = real capacity/ designed capacity .

=> 1150/1200 = 0.9583.

Therefore, 0.9583 × 100% = 95.83%.

Answer 2

Answer:

Utilization = 63.88%

Efficiency = 95.83%

Explanation:

Given that:

The actual usage number of students served were 1150 students

The Design Capacity  of the system is 1,800 students per semester

The  highest number (effective capacity ) for the orientation session is 1,,200

The objective here is to determine the utilization and efficiency of the system.

Using the formula

Utilization of the system = actual usage number  / design capacity  of the system

Efficiency of the system = actual usage number  / effective capacity for the orientation session

Therefore; we have

Utilization = 1150/1800 = 0.6388

= 63.88%

Efficiency = 1150/1200 = 0.9583

= 95.83%


Related Questions

Fashion Jewelers uses the perpetual inventory system. On April 2, Fashion sold goods with a cost of $5,500 for $14,000 with terms of 4/15, n/30. On April 4, the customer reported damaged goods and Fashion granted a $2,000 sales allowance. On April 10, Fashion received the payment for the sale. Give the journal entry that will be recorded on April 10 by Fashion.

A. Cash 11,520 Accounts Receivable 11,520
B. Cash 12,000 Accounts Receivable 12,000
C. Accounts Receivable 12,000 Sales 12,000
D. Cash 12,000 Sales Discount 480 Accounts Receivable 11,520

Answers

Answer: Cash 11,520 Sales Discount 480 Accounts Receivable 12,000

Explanation:

Fashion Jewellers sold goods for $14,000.

Out of this $14,000, damaged goods were returned which caused Fashion Jewellers to reduce the figure by $2,000 by way of a sales allowance.

The figure is now,

= 14,000 - 2,000

= $12,000

This $12,000 is subject to a trade term of 4/15, n30 which means that as long as the amount is paid in 15 days, a 4% discount is applicable. If the balance is not paid in 15 days however, it should be paid in 30 days.

Fashion house received the payment within the discount period so the good is liable to a 4% reduction.

= 12,000 * 4%

= $480

That means that only,

= 12,000 - 480

= $11,520 was paid as balance in cash

The proper entry on April 10 is therefore,

DR Cash $11,520

DR Sales Discount $480

CR Accounts Receivable $12,000

Sales discount is an expense and Expenses are debited when they increase.

The options do not have this answer but it is correct.

Answer:

Cash 11,520 Dr. Sales Discount 480 Dr Accounts Receivable 12,000 Cr

Explanation:

Fashion Jewelers

Perpetual inventory system

Sales $ 14000

Sales Allowance  $ 2000

Sales Discounts  4% of $12000 ( 14000- 2000)  = $ 480

Net Sales = $ 12000- $ 480= $ 11520

The journal entry that will be recorded on April 10 by Fashion.

Cash $11520 Dr

Sales Discount $ 480 Dr

Accounts Receivable $12000 Cr

Sales discount is an expense account and is debited. Accounts Receivable will be credited with the full amount.

Your grandfather put some money in an account for you on the day you were born. You are now 18 years old and are allowed to withdraw the money for the first time. The account currently has $3996 in it and pays an 8% interest rate.
a. How much money would be in the account if you left the money there until your twenty-fifth birthday?
b. What if you left the money until your sixty-fifth birthday?
c. How much money did your grandfather originally put in the account?

Answers

Answer:

Instructions are below.

Explanation:

Giving the following information:

Value at 18= $3,996

Interest rate= 8%

To calculate the final value, we need to use the following formula:

FV= PV*(1+i)^n

A) Number of years= 7

FV= 3,996*(1.08^7)= $6,848.44

B) Number of years= 47

FV= 3,996*(1.08^47)= $148,779.12

C) Finally, we need to determine the original investment. We need to isolate the present value from the formula:

PV= FV/(1+i)^n

PV= 3,996/(1.08^18)

PV= $999.995

A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. Prior to buying the new equipment, the company used 5 workers, who together produced an average of 100 carts per hour. Workers receive $16 per hour, and machine cost was $30 per hour. With the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $10 per hour while output increased by 5 carts per hour.

a. Compute the multifactor productivity(MFP) (labor plus equipment) under the Prior to buying the new equipment. (Round to 4 decimal places)b. Compute the % growth in productivity between the Prior and after buying the new equipment. (Round to 2 decimal places)

Answers

Answer:

multifactor productivity before new equipment = 0.91 units per dollar

multifactor productivity after new equipment = 1.01 units per dollar

% change in productivity = 10.99% increase

Explanation:

before:

5 workers x $16 per hour = $80 per hour

machine cost $30 per hour

100 carts per hour

multifactor productivity = units of output / (units of labor + units of capital) = 100 / ($80 + $30) = 100 / $110 = 0.91 units per dollar

after:

4 workers x $16 per hour = $64 per hour

machine cost $40 per hour

105 carts per hour

multifactor productivity = units of output / (units of labor + units of capital) = 105 / ($64 + $40) = 105 / $104 = 1.01 units per dollar

% change in productivity = (1.01 - 0.91) / 0.91 = 10.99% increase

Multifactor productivity measures how many units can be produced with $1 of inputs from two or more factors of production.

If the assets of a company increase by $55,000 during the year and its liabilities increase by $25,000 during the same year, then the change in equity of the company during the year must have been:

Answers

Answer:

Increase of $30,000

Explanation:

Increase in Company asset- Increase in liabilities

Increase in Company asset =$55,000

Increase in liabilities =$25,000

Hence:

$55,000 -$25,000

=$30,000

Therefore the change in equity of the company must have an increase of $30,000

Consider a no-load mutual fund with $528 million in assets and 16 million shares at the start of the year and with $578 million in assets and 17 million shares at the end of the year. During the year investors have received income distributions of $3 per share and capital gain distributions of $0.45 per share. Assuming that the fund carries no debt, and that the total expense ratio is 2%, what is the rate of return on the fund

Answers

Answer:

11.42%

Explanation:

NAV0= Mutual fund in asset/ Share

$528 million/ 16 million shares

=33

NAV1=578-578(0.02)/17

=578-11.56/17

=566.44/17

=33.32

Hence:

Return NAV1-NAV0+Received Income distribution +Capital gain distribution /NAVO

NAV0=33

NAV1=33.32

Received Income distribution = 3

Capital gain distribution= 0.45

33.32-33+3+0.45/33

=3.77/33

=0.1143×100

=11.42%

What would be the value of the bond described in Part d if, just after it had been issued, the expected inflation rate rose by 3 percentage points, causing investors to require a 13% return? Would we now have a discount or a premium bond?

Answers

Answer:

The value of bond is $837.213, the bond is a discount bond

Explanation:

Solution

Given that

The Rate of return is 13% which is higher than the  coupon rate.

What this suggest is that the investors anticipates a return that is higher when compared to return supplied by bonds. thus, the bond value we decrease and it becomes a discount bond.

Now,

The bond value is given below:

Bond value = [Coupon rate in year 1 / ( 1 + Investor return )1 + Coupon rate in year 2 / ( 1 + Investor return )2 + Coupon rate in year n / ( 1 + Investor return )n ] +  Par value / ( 1 + investor return )n

Thus,

= [ $100 / (1 + 0.13)1 + $100 / ( 1 + 0.13)2... $100 / ( 1 + 0.13)10 ] + $1000 / ( 1 + 0.13 )10

= $542.62 + 294.58

= $837.21

Value of bond will be = $837.213

HomeGrown Company is a chain of grocery stores that are similar to indoor farmer's markets, providing fresh, local produce, meats, and dairy products to consumers in urban areas. HomeGrown is considering opening several stores in a new city, and has proposals from three contractors (Alpha, Beta, and Gamma companies) who would like to provide buildings for the new stores.The amount of expected revenue from the stores will depend on the design of the contractor. For example, if HomeGrown decides on a more open floor plan, with less shelf space for products, revenue would be lower overall. However, if HomeGrown decides on a very crowded floor plan, it may lose customers who appreciate a more open feel.As the project manager for HomeGrown, you are responsible for deciding which if any of the proposals to accept. HomeGrown's minimum acceptable rate of return is 20%. You receive the following data from the three contractors:Proposal Type of Floor Plan Investment if Selected Residual ValueAlpha Very open, like an indoor farmer’s market $1,472,000 $0.00Beta Standard grocery shelving and layout, minimal aisle space $5,678,900 $0.00Gamma Mix of open areas and shelving areas $2,525,960 $0.00You have calculated estimates of annual cash flows and average annual income from customers for each of the three contractors' plans. You believe that the annual cash flows will be equal for each of the 10 years for which you are preparing your capital investment analysis. Your conclusions are presented below.Proposal Estimated Average Annual Income Estimated Average (after depreciation) Annual Cash FlowAlpha $302,054 $351,145Beta $272,019 $475,608Gamma $626,564 $704,490You begin by trying to eliminate any proposals that are not yielding the company’s minimum required rate of return of 20%. Complete the table below, and decide whether Alpha, Beta, and/or Gamma should be eliminated because the average rate of return of their project is less than the company's minimum required rate of return.Complete the table below. Enter the average rates of return as percentages rounded to two decimal places.Proposal Annual Income Average InvestmentAverage Rate of ReturnAccept or Reject? Estimated AverageAlpha Accept Beta Reject Gamma Accept

Answers

Answer:

HomeGrown Company

Return on Investment Analysis:

Proposal                                   Alpha              Beta                Gamma

Annual Income Average         $351,145        $475,608         $704,490

Investment Average             $302,054         $272,019         $626,564

Return on Investment              $49,091        $203,589           $77,926

Average Rate of Return               0.16                 0.75                    0.12

Expected Rate of Return             20%               20%                 20%

Accept/Reject                          Reject              Accept               Reject

 

Decision: Eliminate Alpha and Gamma, accept Beta based    

Explanation:

a) The Required Rate of Return (RRR) of an investment is the minimum return an investor will accept for making an investment.  It is the compensation expressed in percentage for a given level of risk associated with the investment.  The RRR is used to analyze the profitability of potential investment projects.  Once, this rate is determined, it will be compared with the Return on Investment to decide if the investment can be made or eliminated.

b)  The Return on Investment (ROI) is a financial performance measure which evaluates the efficiency of an investment or compares the efficiency of a number of different investments.  The ROI calculation is obtained dividing the benefit (or return) of an investment by the cost of the investment. The result is expressed as a percentage or a ratio.

"An individual owns a bicycle repair business as a sole proprietorship. He does not make a lot of money, but he does have $5,000 available for investment this year. The BEST recommendation for this individual is to make a $5,000 contribution to a(n):"

Answers

Answer:

Roth IRA

Explanation:

Based on the information provided in this scenario it can be said that the individual's best option would be to make a $5,000 contribution to a Roth IRA fund. This is a retirement fund that can be will provide will continue to grow exponentially throughout the years and the individual can withdraw that money when they turn 60 years old. At this point the money is completely tax free.

John has a portfolio consisting of equal proportions of 5 securities. Susan also has a portfolio of the same five securities but the weights of each security are not equal. Which of the statements below MUST be TRUE?

a) Because Susan has an unequal distribution of securities, her portfolio beta must be greater than John's.

b) Because Susan has an unequal distribution of securities, her portfolio beta must be less than John's.

c) Without additional information, we cannot be certain whose portfolio beta is greater.

d) Because the portfolios contain the same securities, the beta of each portfolio must be the same.

Answers

Answer:

c) Without additional information, we cannot be certain whose portfolio beta is greater.

Explanation:

When comparing portfolios of the same security composition but different weights we need to know the beta of each security in order to make a valid comparism between the two securities.

Beta is defined as a measure of the volatility of a security compared to the whole market. It considers the systemic risk and the expected returns from a security or portfolio.

In determining beta we compare against a particular benchmark.

Since more information is not given on the securities and their weights in the two portfolios we cannot determine which one has a higher beta.

In order to have money for their son's college education, a young couple started a savings plan into which they made intermittent deposits. They started the account with a deposit of $3,000 (in year zero) and then added $5,000 in years two, five, six, and added $6,000 in year nine and ten. What is the amount they had in the account in year ten if they earned interest at 15% per year

Answers

Answer:

$59,129.00

Explanation:

The formula for the future value is P(1+i)^n

P= 3000, 5000, 6000

i= 15%

n= 2,3,6,9,10

FV= 3000 x 1.15^10 + 5000 x 1.15^8 + 5000 x 1.15^5 + 5000 x 1.15^4 + 6000 x 1.15^ 1 + 6000 x 1.15^0

FV= 3000 X 4.045 + 5000 X 3.059 + 5000 X 2.011 + 5000 x 1.749 + 6000 x 1.15 + 6000 X 0

Fv= 12135 + 15294 + 10055 + 8745 + 6900 + 6000

FV = $59,129.00

Pharoah Company had checks outstanding totaling $42200 on its May bank reconciliation. In June, Pharoah Company issued checks totaling $263900. The June bank statement shows that $196400 in checks cleared the bank in June. A check from one of Pharoah Company's customers in the amount of $2000 was also returned marked "NSF." The amount of outstanding checks on Pharoah Company's June bank reconciliation should be

Answers

Answer:

$109,700

Explanation:

Pharoah Company Outstanding checks on bank reconciliation:

Formula for Outstanding checks on bank reconciliation will be:

Outstanding checks on bank reconciliation = Total checks outstanding+Checks issued during month -checks cleared during the month

Hence,

= $42,200+$263,900-$196,400

= $109,700

Therefore the amount of outstanding checks on Pharoah Company's bank reconciliation should be $109,700

How individuals interview start conversations ?

Answers

Answer:

How I start it

Explanation:

I normally start by thanking them and I always have questions prepared before the interview. I then go down the list of questions and if they answer something that makes me think of the question I will ask it really quick.

Joy Manufacturing Company needs to know its anticipated cash inflows for the next quarter by month. Cash sales are 25 percent of total sales each month. Historically, sales on account have been collected as follows: 50 percent in the month of the sale, 30 percent in the month after the sale, and the remaining 20 percent two months after the sale. Gross sales for the quarter are projected as follows: January $20,000 February $10,000 March $40,000 Joy's expected cash collections for March would be:

Answers

Answer:

$30,250

Explanation:

The computation of expected cash collections for March is shown below:-

Particulars            January           February           March

Gross sales           $20,000         $10,000           $40,000

Cash sales (25%)   $5,000          $2,500             $10,000

Credit sales           $15,000          $7,500             $30,000

To reach credit sales we simply deduct the cash sales from gross sales.

Particulars                                March

Collections from:  

March cash sales                   $10,000

Credit sales for:

January                                    $3,000 ($15,000 × 20%)

February                                  $2,250 ($7,500 × 30%)

March                                       $15,000  ($30,000 x 50%)

Total collections                      $30,250

To reach total collection we simply added the march cash sales and Credit sales of Jan, Feb and March.

The many identical residents of Whoville love drinking Zlurp. Each resident has the following willingness to pay for the tasty refreshment:
Quantity Willingness to Pay (Dollars)
First bottle 5
Second bottle 4
Third bottle 3
Fourth bottle 2
Fifth bottle 1
Further bottles 0
The cost of producing a bottle of Zlurp is $1.50, and the competitive suppliers sell it at this price. (The supply curve is horizontal.)
Each Whovillian will consume _____ bottles and receive a consumer surplus of $_____.
Producing Zlurp creates pollution. Each bottle has an external cost of $1.
Taking this additional cost into account, total surplus per person in the allocation you previously determined decreases to $_____.
Cindy Lou Who, one of the residents of Whoville, decides on her own to reduce her consumption of Zlurp by 1 bottle.
Cindy's consumer surplus (ignoring the cost of pollution she experiences) is now $_____. Her decision _____ (Increases or Decreases) total surplus in Whoville by $_____.
Mayor Grinch imposes a $1 tax on each bottle of Zlurp.
Consumption per person is now_____bottles. This yields a per-person consumer surplus of $_____not including the cost of pollution, a per-person external cost of $_____, and government revenue of $_____ per person. Total surplus per person is now $_____as a result of this policy. (Hint: Total surplus is equal to consumer surplus minus the external cost of pollution plus government revenue.)
Based on your calculations, you _____ (Would or Would not) support the mayor's policy because it _____ (Increases or Decreases) welfare compared to before the tax.

Answers

Answer and Explanation:

The computations are given below:

1) This 4 is chosen because the marginal benefit will be less than the marginal cost and if it wants to go above that, the price of the drink is greater than the willingness to pay

2) The consumer surplus is  

= (5 - 1.5) + (4 - 1.5) + (3 - 1.5) + (2 - 1.5)

= 8

3) Total surplus decreases to

As we know that

= Consumer surplus - external cost

= 8 - 4

= 4

4) Now Cindy's Consumer surplus is  

= (5 - 1.5) + (4 - 1.5) + (3 - 1.5)

= 7.5

5) Increases

6) 8 - 7.5 = 0.5

7) Consumption = 3 bottles

8) Consumer surplus is

= (5 - 2.5) + (4 - 2.5) + (3 - 2.5)

= 4.5

9) External cost = 3  × 1 = 3 bottle

10) Government revenue  = 3  × 1 = 3 bottle

11) Total surplus is

As we know that

= Consumer surplus - external cost of pollution + government revenue

= 4.5 - 3 + 3

= 4.5

12) would

13) increases

Suppose an economy is initially operating at long-run equilibrium when there is an increase in consumer optimism about the economy. Everything else held constant, the immediate impact of this shock will be a(n) ______ in the aggregate price level, a(n) ______ in real GDP.

Answers

Answer:

The correct option is Increase and Decrease respectively

Explanation:

Patterson Corp. is considering the purchase of a new piece of equipment, which would have an initial cost of $545,000, a 7-year life, and $150,000 salvage value. The increase in cash flow each year of the equipment's life would be as follows:
Year 1 $ 99,000
Year 2 $ 91,000
Year 3 $ 89,000
Year 4 $ 78,000
Year 5 $ 75,000
Year 6 $ 70,000
Year 7 $ 64,000What is the payback period?

Answers

Answer:

6.67 years

Explanation:

Payback period calculates the amount of the time it takes to recover the amount invested in a project from its cumulative cash flows

Amount invested = $-545,000

Total cash flows = $502,000

In the first year, $-545,000 + $99,000 = $-446,000 is recovered.

In the second year, $-446,000 + 91,000 = $-355,000 is recovered

In the third year , $-355,000 + $89,000 = $-266,000 is recovered

In the fourth year, $-266,000 + $78,000 = $-188,000 is recovered

In the fifth year, $-188,000 + $75,000 = $-113,000 is recovered

In the sixth year, $-113,000 + $70,000 = -43,000 is recovered

I'm the 7th year, -43,000 + 64,000 = $21,000 is recovered

The total amount in recovered between the 6th and 7th year.

Pay back period = 6 years + 43,000 / 64,000 = 6.67 years

I hope my answer helps you

Janice plans to save $80 a month, starting today, for 20 years. Kate plans to save $80 a month for 20 years, starting one month from today. Both Janice and Kate expect to earn an average return of 5.5 percent on their savings. At the end of the 20 years, Janice will have approximately ________ more than Janice.
a. $66.67
b. $159.73
c. $78.14
d. $0
e. $189.12

Answers

Answer: b. $159.73

Explanation: At the end of the twenty years, Janice would have approximately $159.73 more than Kate. To solve for this, we calculate the future value of the money saved over the time period for both Janice and Kate, and then take the difference to arrive at the correct answer.

Future Value for Janice = $80 ×{[1 + (.055 / 12)]^240 - 1} / (.055 / 12) × [1 + (.055 / 12)] = $35,009.92

Future Value for Kate = $80 ×{[1 + (.055 / 12)]^240 - 1} / (.055 / 12) = $34,850.19

Difference = $35,009.92 - $34,850.19 = $159.73

Determine proper classification (LO11-1) Wi-Fi, Inc., has the following selected transactions during the year. Required: Select the section of the statement of cash flows in which each of these items would be reported: operating activities (indirect method), investing activities, financing activities, or a separate noncash activities note Transactions Activities 1. Issues $20 million in bonds 2. Purchases equipment for $ 3. Pays a $20,000 account payable 4. Collects a $15,000 account receivable 5. Exchanges land for a new patent. Both are valued at $300,000. 6. Declares and pays a cash dividend of $100,000 7. Loans $50,000 to a customer, accepting a note receivable. 8. Pays $75,000 to suppliers for inventory. $80,000

Answers

Answer:

a. Operating activities (indirect method)

1. Pays a $20,000 account payable

2. Collects a $15,000 account receivable

3. Pays $75,000 to suppliers for inventory.

b. Investing activities

Purchases equipment for $

Loans $50,000 to a customer, accepting a note receivable.

c. Financing activities

Issues $20 million in bonds

Declares and pays a cash dividend of $100,000

d. A separate noncash activities note

Exchanges land for a new patent. Both are valued at $300,000.

Explanation:

The categorisation and their effects are explained as follows:

a. Operating activities (indirect method)

1. Pays a $20,000 account payable: This a cash outflow and its effect is a reduction in cash flow from operating activities.

2. Collects a $15,000 account receivable: This a cash inflow and its effect is an increase cash flow from operating activities.

3. Pays $75,000 to suppliers for inventory: This a cash outflow and its effect is a reduction in cash flow from operating activities.

b. Investing activities

1. Purchases equipment for $: This a cash outflow and its effect is a reduction in cash flow from investing activities.

2. Loans $50,000 to a customer, accepting a note receivable: This a cash outflow and its effect is a reduction in cash flow from investing activities.

c. Financing activities

1. Issues $20 million in bonds: This a cash inflow and its effect is an increase in cash flow from financing activities.

2. Declares and pays a cash dividend of $100,000: This a cash outflow and its effect is a reduction in cash flow from financing activities.

d. A separate noncash activities note

1. Exchanges land for a new patent. Both are valued at $300,000: This is a noncash transaction that neitheir leads to the outlow nor inflow of cash.

Here, we are to classify the following information to operating activities, investing activities, financing activities, or separate noncash activities.

1. Issues $20 million in bonds will be classified as Financing activities.

2. Purchases equipment will be classified as will be classified as Investing activities.

3. Pays a $20,000 account payable will be classified as Operating activities.

4. Collects a $15,000 account receivable will be classified as Operating activities.

5. Exchanges land for a new patent will be classified as separate noncash activities.

6. Declares and pays a cash dividend of $100,000 will be classified as Financing activities.

7. Loans $50,000 to a customer accepting a note receivable will be classified as Investing activities.

8. Pays $75,000 to suppliers for inventory. $80,000 will be classified as Operating activities.

See similar classification here

brainly.com/question/13293539

Suppose the government imposes a tax on cheese. The deadweight loss from this tax will likely be greater in the:a) first year after it is imposed than in the eighth year after it is imposed because demand and supply will be less elastic in the first year than in the eighth year. b) first year after it is imposed than in the eighth year after it is imposed because demand and supply will be more elastic in the first year than in the eighth year. c) eighth year after it is imposed than in the first year after it is imposed because demand and supply will be less elastic in the first year than in the eighth year. d) eighth year after it is imposed than in the first year after it is imposed because demand and supply will be more elastic in the first year than in the eighth year.

Answers

Answer:

 c) eighth year after it is imposed than in the first year after it is imposed because demand and supply will be less elastic in the first year than in the eighth year.

Explanation:

Tax increases the price of a good.

Dead weight loss is reduction in efficiency as a result of taxation.

Demand and supply is usually less elastic in the short run when compared to the long run. I the short run, consumers and producers don't have enough time to search for suitable substitutes.

So in the short run, there would be little or no change in demand or supply but in the long run, consumers would be able to search for more subsituites so the deadweight loss would be greater.

I hope my answer helps you

Retail companies try to find a. the least profitable method of transferring goods from warehouses to stores. b. the least costly method of transferring goods from warehouses to stores. c. the most costly method of transferring goods from warehouses to stores. d. the largest number of goods to transfer from warehouses to stores.

Answers

Answer:

b. the least costly method of transferring goods from warehouses to stores.

Explanation:

The retail company should find the most efficient and cost effective means of transportation.

The the least profitable and most costly method of transferring goods from warehouses to stores would reduce the profit margins of retail stores and the stores would want to maximise profit.

Haffner Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory 500 Materials costs $ 7,800 Conversion costs $ 9,100 Percent complete with respect to materials 85 % Percent complete with respect to conversion 55 % Units started into production during the month 7,000 Units transferred to the next department during the month 6,100 Materials costs added during the month $ 102,700 Conversion costs added during the month $ 184,400 Ending work in process inventory: Units in ending work in process inventory 1,400 Percent complete with respect to materials 60 % Percent complete with respect to conversion 50 % What are the equivalent units for materials for the month in the first processing department

Answers

Answer:

Equivalent units for materials in beginning work process is 6,940 units   Equivalent units for conversion in ending work process is 6,800 units  

Explanation:

Beginning work process:

Equivalent units for materials = 6,100 + (1,400 × 60%) = 6,940 units    Cost per equivalent unit for materials = ($7,800 + $102,700) ÷ 6,940 = 15.92  

Ending work process:

Equivalent units for conversion = 6,100 + (1400 × 50%) = 6,800 units    

Cost per equivalent unit for materials = ($9,100 + $184,000) ÷ 6800 = 28.40    

Cost of ending work in process = (1,400 × 60%) × 15.92219 +(1400 × 50%) × 28.39706

= 33,253 (Rounded off)

David Corporation is considering a capital budgeting project that would require an initial investment of $440,000 and working capital of $32,000. The working capital would be returned for use elsewhere at the end of the project in 4 years. The investment would generate annual cash inflows of $147,000 for the life of the project. At the end of the project, equipment that had been used in the project could be sold for $11,000. The company's discount rate is 7%. The net present value of the project is closest to:

Answers

Answer:

$58,724.55

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

Cash flow in year 0 = $440,000 + $32,000 = $-472,000

Cash flow each year from year 1 to 3 = $147,000

Cash flow in year 4 = $147,000 + $11,000 + $32,000 = $190,000

I = 7%

NPV = $58,724.55

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

As a student in the Principles of Management class of Ama Ghana University, you are expected to have experiential knowledge so that you can be able to solve real life business problems after graduation. To achieve this objective, the 2020 class has been divided into ten groups; and each team works in a management capacity with ten management consulting companies in the Greater Accra Region. San Consulting - the firm that your group works with is a project management company that is into Real Estate construction and management consulting. This firm which has twenty years’ experience in this business is the first choice for all individuals and companies that want quality service. You have on the contrary, observed that many of the management practices have not developed precipitously as situations in the business environment warrant. The accountant confirmed this by saying in the last general meeting that a certain percentage of San’s profit margin is being lost because of this situation. She gave the example that the surveying department spent eight labor hours generating data that had been generated two weeks ago by another unit. Due to the fact that the surveying department did not know that the data had already been created, a substantial effort was wasted and this has been a recurrent problem. In addition, the increase in demand of the services of San’s Consulting has placed significant pressures on the five managers whose duties are not clearly defined. For instance, you have observed that any of these managers perform duties in the operations department as well as any other unit within the firm. They are not able to perform all the functions required of them due to the ineffectiveness of the organizational structure. You and the members of your group are expected to write a report to the top-level management team regarding your analysis of the situation in the firm.
1. Explain which of the four main management functions is/are not operating as it/they should within the firm? 3 Marks
2. What recommendations will you make in your report that will help assure that this situation or similar one would not happen again? 4 Marks
3. Assume that the top-level management team has accepted your recommendations, how can their effectiveness be evaluated three months after implementation? 4 Marks
4. Discuss the organizational structure currently used by San’s Consulting and would you recommend the continuous use of this structure? If yes or no, present the factors (4) that influenced your decision regarding the right organizational structure for San’s Consulting. 5 Marks
5. Identify and discuss the main problems that the firm is likely to experience (i) if the current structure is continued or (ii) if a new structure is implemented. 5 Marks

Answers

Answer:

The organization structure is not clearly defined, Managers are performing duties in various departments at a time.

Explanation:

San Consulting is one of the finest consulting firm in the Greater Accra Region. The firm is always a first choice for individuals who want to pursue their career in business. The Organizational structure of San Consulting is not clearly defined. San's profits are falling because management practices are not according to the other competitive organizations. The managers working at San are facing excess workload and pressure for their work. Their job descriptions is not clearly defined and they are forced to work in multiple departments at the same time due to which they are losing focus on their own work.  

Questions 1: Planning, organizing, leading and controlling

Question 2: The organizational structure needs to be set and every employee should have their defined job role so they are able to complete work with efficiency.

Question 3: The profits of San consulting will rise as there will be less duplication of work and every employee will be able to focus on their own task and will work with efficiency.

Question 4: Matrix. The matrix organizational structure is not suited in this organization. The right organizational structure for San consulting will be Functional Structure.

Question 5: (i) The profits for San Consulting will decline

(ii) The profit will rise because employee will focus more on their specific tasks.

1B. Yes agree. The managers need to focus on the external environment as well to identify the opportunities and threats present which can stimulate changes for the organization.

“For those brave enough to act effectively now to stabilise and protect your business and maintain liquidity, opportunity will come.” Explain whether the Statement of Cash Flows is able to illustrate the ‘liquidity’ of an entity to its users and provide ONE recommendation how companies can maintain liquidity during this pandemic.

Answers

Answer: The answer is given below

Explanation:

The cash flow statement is a vital aspect of the financial statement that is provided by every organization as it is useful in knowing helps the cash flows from investing, operating, and the financing activities. The cash flow statement is useful in understanding the movement of cash for the year, vital when making business decisions and also helps to measure liquidity of a company.

During the current pandemic that has stalled productive activities at most organizations, maintaining liquidity is very vital. One way of maintaining liquidity during this period is for a firm to have enough cash that will be necessary to maintain and keep the business running. Thia can be done by reviewing the current assets of the firm and looking at those that can be converted to cash and used on immediate basis. Also, in case the firm has marketable securities, such firm can sell the securities on order to maintain liquidity.

Marcy and Liz developed a new jewelry design. They were fortunate to get the attention of a large online retailer who was willing to fund the production of the jewelry abroad, as long as the designers agreed to sell their design through its outlets for the first two years. The retailer was asking the designers to agree to __________________. exclusive distribution intensive distribution multi-level distribution selective distribu

Answers

Answer:

exclusive distribution

Explanation:

The exclusive distribution refers to the agreement between the distributor and the manufactured stated that the manufactured will only sell the products and services to the distributor only no other person is involved in this agreement. There is a binding agreement between the manufactured and distributor

So according to the given situation, it is mentioned that the designers ready to sell their designs for the first two years to the retailers which shown that there is an exclusive distribution

For Swifty Corporation, the predetermined overhead rate is 70% of direct labor cost. During the month, $600000 of factory labor costs are incurred of which $210000 is indirect labor. Actual overhead incurred was $370000. The amount of overhead debited to Work in Process Inventory should be:

Answers

Answer:

The amount of overhead debited to Work in Process Inventory is $273,000

Explanation:

Solution

Given that:

The predetermined overhead rate for Swiftly Corporation is = 70%

Factory labor cost incurred is =$600000

Indirect labor = $210000

The actual overhead incurred = $370000

Now

We solve for the amount of overhead debited to Work in Process Inventory which is calculated as follows:

The amount of overhead debited to Work in Process Inventory = (Factory labor cost - Indirect labor cost) * the overhead rate

= ($600000 -$ 210000) * 70%

= $390,000 * 70%

= $273,000

For 20Y2, McDade Company reported a decline in net income. At the end of the year, T. Burrows, the president, is presented with the following condensed comparative income statement:
Question not attempted.
McDade Company
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
1 20Y2 20Y1
2 Sales $16,800,000.00 $15,000,000.00
3 Cost of goods sold 11,500,000.00 10,000,000.00
4 Gross profit $5,300,000.00 $5,000,000.00
5 Selling expenses $1,770,000.00 $1,500,000.00
6 Administrative
expenses 1,220,000.00 1,000,000.00
7 Total operating
expenses $2,990,000.00 $2,500,000.00
8 Income from
operations $2,310,000.00 $2,500,000.00
9 Other income 256,950.00 225,000.00
10 Income before
income tax $2,566,950.00 $2,725,000.00
11 Income tax expense 1,413,000.00 1,500,000.00
12 Net income $1,153,950.00 $1,225,000.00
1. Prepare a comparative income statement with horizontal analysis for the two-year period, using 20Y1 as the base year. Use the minus sign to indicate an amount or percent decrease. If required, round percentages to one decimal place.
2. To the extent the data permit, comment on the significant relationships revealed by the horizontal analysis prepared in (1).

Answers

Answer: The answers have been provided below

Explanation:

a. A comparative income statement with horizontal analysis for the two-year period, while using 20Y1 as the base year have been analysed and attached. In the picture attached, the increase or decrease in the amount was gotten from the year 20Y2 and 20Y1.

For example for sales,

Sales 20Y2 = $16,800,000.00

Sales 20Y1 = $15,000,000.00

Amount = $16,800,000.00 - $15,000,000.00 = $1,800,000

Percentage increase = ($1,800,000 ÷ $15,000,000)× 100 = 12%

The same method was applicable to every other figures.

b. We can see that the sales for year 20y2 rose by 12% even though the net income has a negative value of -5.8%.

We can see that there is also a rise in operating expenses of the firm at a higher rate than the increase in the sales rate of the company. The income from operation also reduced by 7.6%. These are some of the reasons which led to the negative net income.

Statement of Cash Flows The following are several items involving Tejera Company's cash flow activities for 2019: Net income, $60,400 Receipt from issuance of common stock, $32,000 Payment for purchase of equipment, $41,500 Payment for purchase of land, $19,600 Depreciation expense, $20,500 Patent amortization expense, $1,200 Payment of dividends, $21,000 Decrease in salaries payable, $2,600 Increase in accounts receivable, $10,300 Beginning cash balance, $30,700 Required Prepare Tejera's statement of cash flows for 2019 using the indirect method. Use a minus sign for any negative amounts. Tejera Company Statement of Cash Flows For Year Ended December 31, 2019 Net Cash Flow From Operating Activities $ Adjustments for differences between income flows and cash flows from operating activities: Net cash provided by operating activities $ Cash Flows From Investing Activities $ Net cash used for investing activities Cash Flows From Financing Activities $ Net cash provided by financing activities $ $

Answers

Answer:

                            Tejera Company

                      Statement of Cash Flows

                           December 31, 2019

Cash flows from operating activities:

Net income                                                                $60,400

Adjustments to net income                                        $8,800

Depreciation expense $20,500Patent amortization expense $1,200Increase in accounts receivables -$10,300Decrease in salaries payable -$2,600

Total cash flow from operating activities                 $69,200

Cash flow from investing activities:

Purchase of equipment                                            -$41,500

Purchase of land                                                       -$19,600

Total cash flow from investing activities                  -$61,100

Cash flow from financing activities:

Issuance of common stock                                      $32,000

Dividends paid                                                         -$21,000

Total cash flow from financing activities                  $11,000

Net increase in cash                                                    $19,100

Beginning cash balance 2019                                   $30,700

Ending cash balance 2019                                        $49,800

1. Cash balance per bank, July 31, $7,428.
2. July bank service charge not recorded by the depositor $58.
3. Cash balance per books, July 31, $7,364.
4. Deposits in transit, July 31, $2,600.
5. Note for $2,000 collected for Lohse in July by the bank, plus interest $36. The collection has not been recorded by the company, and no interest has been accrued.
6. Outstanding checks, July 31, $686.
Prepare a bank reconciliation at July 31, 2010

Answers

Answer:

8a

3

+27b

3

+64c

3

−72abc

SI International had a FCFE of $122.1M last year and has 12.43M shares outstanding. SI's required return on equity is 11.3%, and WACC is 9.8%. If FCFE is expected to grow at 7.0% forever, the intrinsic value of SI's shares is Multiple Choice $14.76. $244.43. $108.00. $68.29.

Answers

Answer:

The value per share = $375.379

Explanation:

The intrinsic value of shares is the present value of the Free cash flow to equity (FFCE) discounted at cost of equity.

Total value of equity= FCFE× (1+g)/(r-g)

Total Value of equity= 122.1 × (1.07)/(0.113-0.07)= 3038.302326

The value per share = Total Value of company /Number of shares

                                 = $3038.302326 / 12.43  units

                                   = $244.43 per unit

Other Questions
How does Melba Pattillo feel about going back to Central High? She is unsure how she feels after her frightening experience. She believes that she has a right to go to school there. She is unsure she will ever be able to go back. She will only go back if her grandmother is with her. Find the perimeter of the figure 35 in. 34 in. 70 in. 84 in. Translate this statement into an equation.Half of a number is equal to three times the difference between 27 and 12. Use the table to find the constant of proportionality and the equation that represents the relationship. Let x = number of apples and y = number of slices. The constant of proportionality is _______. The equation for this relationship is _______.THE ANSWER CHOICE IS IN THE PICTURE my favourite sportsay if its true or false. correct the false statements The poems allusion to the 1981 Brixton riot illustrates what the streets and buildings of Brixton looked like. suggests that many different historical riots will be mentioned. illustrates the strong feelings associated with the poems subject matter. makes the reader feel confused about the historical reference. The shape has an area of 60 square inches. Find the value of x. Given that y varies directly with x, use the values specified to write adirect variation equation relating y to x.x = -19, y = 190Use your answer to find x when y = -9. Barriers to International Trade Countries often use various government regulations to manipulate the amount of goods and services imported from other countries. This activity is important because it will help you to understand the effects of trade protectionism on the overall international trading atmosphere. The goal of this exercise is to challenge your knowledge of the different types of international trade barriers. Select the barrier to international trade that each statement best describes. 1. A complete ban on trade with another country or a prohibition on trading specific types of products, services, or technology to another country 2. A customs duty or tax levied mainly on imports 3. The United States only allows a certain amount of aluminum sheet to come into the country from China 4. The United States recently raised taxes on all imported solar panels in order to attempt to make U.S.-made solar panels more competitive 5. A limit on the numbers of a product that can be imported 6. The United States does not export any materials to North Korea that may help North Korea bolster its nuclear program. M + 3 / 5 is equal to 7 / 5 Which occurrence would contradict the big bang theory? Question 1: A man trailing a trolley bag and suddenly, the wheels of the trolley bag get locked. The man realises that he has to put extra effort to drag the bag. The man finds it difficult to drag the bag because Shamas age is three times the age of her son Ankit. 10 years ago Shamawas 5 times the age of Ankit. Find the present age of Shama. 5. A cyclist and bike have a total mass of 102 kg and a speed of 17 m/s.calculate the kinetic energy? Anaya found the slope of the line that Passes through the points (-7,4) and (2,-3). Her work is shown below. Use the following information to answer the following question(s).The dune-burrowing spider Seothyra sp. lives in the Namib desert on the southwestern coast of Africa. These spiders build silk-lined burrows with a sticky silk mat at the entrance to trap insect prey. While foraging during the day, the spider remains concealed in its burrow and shielded from direct sunlight when prey are not present.During the day, environmental temperatures vary from 17 to 73C (63-164F). If a spider is prevented from retreating into its burrow, it shows signs of thermal stress at 49C, whereas unrestrained spiders continue to forage at temperatures above 65C. In addition, spiders respond more quickly to prey stimuli during the hottest times of the day and capture prey in significantly less time when temperatures are above 49C. The captured arthropods (prey) tend to succumb more quickly to hot surface temperatures; they are more lethargic and struggle less when captured at the high temperature ranges.1. Based on the information in the paragraphs, spiders are ______.a. endothermsb. ectothermsc. sometimes ectotherms and sometimes endothermsd. neither ectotherms nor endotherms2. In animals, individual cells are grouped into _____.a. organismsb. organsc. organ systemsd. tissues3. A main function of most types of epithelial tissue is ______.a. supportb. absorptionc. sensationd. covering surfaces4. Reabsorption is the movement of substances from the ______ to the ______a. blood... filtrateb. kidney... urinary bladderc. blood... nephrond. filtrate... blood5.In humans, goosebumps are a vestige of a mammalian adaptation related to ______.a. thermoregulationb. water conservationc. positive feedbackd. osmoregulation The Dirty War of Argentina lasted from 1976 to 1983. What was the Dirty War?A)Those opposing military rule were killed in what has become known as the Dirty War.B)The Dirty War was the conflict between Argentina and its neighbor, Ecuador.C)A skirmish which managed to keep communism out of Argentina is known as the Dirty War.D)The Civil War of Argentian, which caused great destruction, is known as the Dirty War. Pleasssseeee helpppp i will mark brainlest Which formula represents a hydrocarbon?A) CH3IB) CH3NH2C) CH3CH3D) CH3OH A shared culture members of a group