Based on the module, describe three strategies that can help you use credit wisely.
The number of individuals who experience credit problems has grown in recent years. What factors have contributed to this growth? What should be done to reduce this

Answer:

$320,000

Explanation:

Calculation for What amount of gain or goodwill is recognized by ABC

Using this formula

Gain/Goodwill =[Tangible assets -( Cash - Net assets)+Fair value ]

Let plug in the formula

Gain/Goodwill =[$600,000-( $4,200,000- $3,600,000)+$320,000]

Gain/Goodwill=$600,000-$600,000+$320,000

Gain/Goodwill=$320,000

Therefore the amount of gain or goodwill is recognized by ABC will be $320,000

Answer:

Budgeted purchases of inventory in February Year 2 would be $69,800

Explanation:

___________CGS _Ending Inventory_Beginning Inventory _ Purchases

Dec. Year 1 _$30,000 _ $20,400 _____ $0 _____________$0

Jan. Year 2 _$60,000 _$27,200 _____ $20,400_________$66,800

Feb. Year 2 _$80,000_ $17,000 ______$27,200_________$69,800

Use following formula to calculate the Purchases

Cost of Goods sold = Beginning Inventory + Purchases - Ending Inventory

Purchases = Cost of Goods sold - Beginning Inventory + Ending Inventory

Placing value of Jan Year 2

Purchases = $60,000 - $20,400 + $27,200 = $66,800

Placing value of Feb Year 2

Purchases = $80,000 - $27,200 + $17,000 = $69,800

Answer:

I just need to respond answers LUL

Explanation:

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Answer:

less than the units started during the period

Explanation:

The computation of the number of equivalent units of conversion cost would be

units completed during the year    100%

ending work in process    70%

As it can be seen that it is lower than the units that started during the period

Therefore the correct option is c

Hence, all the other options are incorrect

Answer: Financial advantage of $28,000

Explanation:

The segment margin is;

= Contribution margin - fixed costs + unavoidable fixed cost

= 30,000 - 70,000 + 12,000

= -$28,000

Eliminating the department would eliminate the negative segment margin of $28,000 which means that net income will increase by that much making it a financial advantage.

Answer: $40,000,000

Explanation:

There are 10 million shares and the company plans to require ten rights to purchase one share.

Number of shares to be purchased will be;

= 10,000,000/10

= 1,000,000 shares

Shares are to be sold at $40 so;

= 1,000,000 * 40

= $40,000,000

Answer:

$45,990

Explanation:

The Weighted Average Cost Method, calculates a new Unit Cost with every purchase that is made. This is applicable to perpetual Inventory method. In this case we are required to use the periodic Inventory method (Sheffield does not maintain perpetual inventory records). Thus our Unit Cost is calculated from Inventory available for Sale.

Step 1

Units Available For Sales Calculation :

Opening Balance                           9,200

Add Purchases (6,400 + 7,900)   14,300

Units Available for Sale               23,500

Less Units Sold (7700 + 11300)  (19,000)

Ending Inventory Units                  4,500

Step 2

Unit Cost = Total Cost ÷ Units Available for Sale

                = ($89,516  + $65,984 + $84,609) ÷ 23,500

                = $10.22

Step 3

Ending Inventory = Units in Stock × Unit Cost

                             = 4,500 × $10.22

                             = $45,990

Answer:

$27.39

Explanation:

The required return = Risk-free rate + Beta*(market rate- risk-free rate)

The required return = 6% + 1.2*(12%-6%)

The required return = 6% + 7.2%

The required return = 13.2%

Intrinsic value = Future dividend *Present value of discounting factor  + Value*Present value of discounting factor

Intrinsic value = $2/1.132 + $29/1.132

Intrinsic value = $1.76678 + $25.6184

Intrinsic value =  $27.38518

Intrinsic value = $27.39

Thus, the intrinsic value of Westsyde Tool Company stock today is $27.39

Answer:

Break-even point in units= 6,000

Explanation:

Giving the following information:

Selling price per unit $125.00

Total unitary variable cost= $75

Total fixed costs= $180,000

Desired profit= $120,000

To calculate the number of units to be sold, we need to use the following formula:

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (180,000 + 120,000) / (125 - 75)

Break-even point in units= 6,000

Answer:

I think it's B)

Explanation:

sorry if I get it wrong

Answer:

c is the correct answer

Explanation:

Answer:

The weighted average unit cost after the October 22 purchase is $15.50

Explanation:

Under the weighted average method of inventory valuation, the closing inventory is valued at weighted average cost.

It can be calculated as follow

Weighted average unit cost = Inventory Balance / Numbers on units in Inventory

_________________________________ Balance

Date __ Details ___Units_ Rate__Value _ ( Units_Value __ WA cost )

Oct. 1 _ Inventory__480__ $14 __$6,720_( 480__$6,720__ $14 )

Oct.13 _Sale______280__ $14 __$3,920_( 200__$2,800__ $14 )

Oct.22 _Sale_____ 600__ $16 __$9,600_( 800__$12,400__$15.5 )

Placing outstanding values in the above formula

Weighted average unit cost = $12,400 / 800 units = $15.50 per unit

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Explanation:

I think 5 th stage is the correct answer

pls mark me as BRAINLIAST

Answer: Week 6

Explanation:

Labor productivity = Yards installed/ Crew size

Week 1 = 96/4 = 24

Week 2 = 72/3 = 24

Week 3 = 92/4 = 23

Week 4 = 50/2 = 25

Week 5 = 69/3 = 23

Week 6 = 52/2 = 26

Week 6 is highest with 26 yards per crew.

Answer:

B

Explanation:

Venture capital firms are firms that invest in start up firms.

Venture capital firms use large amount of capital to fund their operations and  so must be assured of the market attractiveness of the firm before undertaking the project to ensure profitability.

Potential size of the new venture has to be determined so as to ascertain the financial resources that would be needed.

Threat of resistance can reduce profitability and should also be considered.

Answer:

Accumulated depreciation at December 2023  =  $200000

Explanation:

The cost of a fixed asset should be reported as the cost of buying the asset plus any cost incurred in bringing the asset in the location and condition necessary for its use as deemed by the management. Thus, the cost of machinery as reported will be,

Machinery Cost = 400000 + 14000 + 36000  =  $450000

The straight line method charges a constant depreciation expense through out the useful life of the asset. The formula for depreciation under this method is,

Depreciation expense per year = (Cost - Salvage value) / Estimated useful life

Depreciation expense - 2022 = (450000 - 50000) / 4

Depreciation expense - 2022 = $100000

Depreciation expense - 2023 = (450000 - 50000) / 4

Depreciation expense - 2023 = $100000

Accumulated depreciation at December 2023 = 100000 + 100000  =  $200000

Answer:

the margin in the calculation of the return on investment is 6.84%

Explanation:

The computation of the margin in the calculation of the return on investment is as follows;

Margin = Net Operating income ÷ Sales

= $65,000 ÷ $950,000

= 6.84%

Hence, the margin in the calculation of the return on investment is 6.84%

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Answer:

January 18, 202x, merchandise sold using credit cards

Dr Cash 18,430

Dr Credit card fees 570

   Cr Sales revenue 19,000

When credit card sales are deposited immediately (e.g. VISA, MasterCard) they are considered cash sales. When the credit card companies delays the deposit, they are considered accounts receivable, e.g. American Express.

Answer:

C. To protect themselves from costly expenses in the future

Explanation:

Insurance can be regarded as one of form of risk management, it can be explained as a way of protection from financial loss which could occur in future time, Insurance is taken so that risk of a contingent or uncertain loss can be cater for in the future, Those that provides insurance is known as an insurer which could be an insurance company.It should be noted that one of the main reason consumers choose to spend money on insurance is To protect themselves from costly expenses in the future

There are different types of Insurance which are are;

Life Insurance

✓Property Insurance,

✓Marine Insurance,

✓Fire Insurance,

✓ Liability Insurance,

✓Guarantee Insurance.

Answer: To protect themselves from costly expenses in the future

Explanation: Just did it on A pex

Answer:

$599,391

Explanation:

Based on the information given we were told that the bonds amount of $425,000 which is the Face Value of Bonds were issued by the company on January 1, 2021 which means that ORIGINAL ISSUE PRICE of the bonds will be the Carrying Value or the Issues Value of Bonds of the amount of $599,391 that was issued on the same date the Company issues the face value bonds of the amount of $425,000 which is January 1, 2021 ( 01/01/2021).

Therefore the original issue price of the bonds will be $599,391

..........................

Answer:

Explanation:

7

+

5

−

9

+

2

−

1

2

7y+5x-9+2y-12x

7y+5x−9+2y−12x

Simplify

1

Combine like terms

7

+

5

−

9

+

2

−

1

2

{\color{#c92786}{7y}}+5x-9+{\color{#c92786}{2y}}-12x

7y+5x−9+2y−12x

9

+

5

−

9

−

1

2

{\color{#c92786}{9y}}+5x-9-12x

9y+5x−9−12x

2

Combine like terms

3

Rearrange terms

Solution

−

7

+

9

−

9

Answer:

How network externalities help a monopoly retain its market power:

By exploiting network externalities, a firm can become a natural monopoly.

Explanation:

In economics, Network externality describes a situation whereby the demand for a product depends on the demand of other consumers buying that product.  This implies that the value of the product to the consumer is increased because others are joining as buyers.  The present owners of a network product will actually gain more benefits as new buyers purchase the good because the fixed costs of rendering the service or providing the good are not increased with increasing buyers, but remain the same over a relevant range.

Answer: $21,000

Explanation:

Financing activities refer to those that a company engages in, in relation to capital needed to run the affairs of the business which means it included Equity and Debt.

Financing Activities: Interest paid, dividends paid, money borrowed from bank, stock repurchase

Net cash flows from financing = Money borrowed from bank - Interest paid - dividends paid - Stock repurchase

= 50,000 - 6,000 - 8,000 - 15,000

= $21,000

Answer:

the ex-dividend price is $108.66

Explanation:

The computation of the ex-dividend price is shown below:

The Aftertax dividend is

= Dividend × (1 - tax rate)

= $6.20 (1 - 0.30)

= $4.34

Now the exdividend price is

= Selling price of a share - after tax dividend

= $113 - $4.34

= $108.66

hence, the ex-dividend price is $108.66

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

Answer:

The target return price will be $2

Explanation:

From the information given,

For the muffin product:

The sales made = 1000

Cost for 1 muffin = $1

Therefore, total money made

No of sales X cost price =

1000 X $1 = $1000

The amount invested on the business = $20,000

She want to earn 10% on the investment =

10% of $20,000 = $2000

The target return price would be,

Return on investment / no of sales made

= $2000/ 1000 = $2

Answer:

Did you ever figure it out because I saw it was 2 bucks.

Explanation:

Answer:

Rivera

a. Rivera's civil fraud penalty is:

$5,000 ($45,000 - $40,000)

b. Present value of Rivera's penalty is:

$3,249.50 ($5,000 * 0.6499)

Explanation:

a) Data and Calculations:

Income tax underpayment = $45,000

Underpayment due to fraud = $40,000

Civil fraud penalty = $5,000 ($45,000 - 40,000)

Rate of return = 9%

Number of years = 5 years

Present value factor = 0.6499

b) The present value of the penalty represents the $5,000 discounted to its present value using the discount factor of 0.6499.  This results into $3,249.50 after 5 years at an interest rate of 9% per annum.

Answer:

Reports net income and then adjusts it for items necessary to determine net cash provided or used by operating activities.

Explanation:

FASB is an acronym for Financial Accounting Standards Board. The financial accounting standards board (FASB) is a private, non-profit organization saddled with the responsibility of establishing and maintaining standard financial accounting and reporting for general guidance of individuals such as investors, issuers and auditors. It was founded in 1972 but began operations fully on the 1st of July, 1973 by replacing the Accounting Principles Board (APB) and American Institute of Certified Public Accountants (AICPA).

When the operating activities section of the statement of cash flows is reported using the indirect method, the FASB requires that, you report net income and then adjusts it for items necessary to determine net cash provided or used by operating activities.

Hence, the indirect method for the preparation of the operating activities section of the statement of cash flows reports net income and then adjusts it for items necessary to determine net cash provided or used by operating activities.

Some examples of operating activities are cash revenue from the sales of a product, cash paid as an expense for merchandise etc.

Answer: Primary research

Explanation: Primary research is defined as the type of research where the person himself collects information. In this type of research, surveys, observation, and interviews are used.

In the primary research, the information is collected directly and not depending on other research that has been done previously. One of the advantages of this research is that it is carried out around a specific problem and with this information find a solution.

Answer and Explanation:

Before recording the journal entries following calculations need to be made

Maturity amount $390,000    

Interest periods 8    

The Market rate of interest 3%    

Now Quarterly interest paid $15,600 ($390,000 × 16% ×3 ÷ 12)       Annuity factor for 8 periods 7.0197    

And, Present value factor for 8th period 0.7894    

So,

The Present value of Interest $109,507    

Add: And, the Present value of Maturity $307,866    

Issue price $417,373    

Amortization table      

Date     Interest paid    Interest  Premium  Unamortized  Carrying  

                                      Expense Amortized   Premium      Value  

01.01 Yr1                                                              $27,373    $417,373  

31.03 Yr 1 $15,600         $12,521    $3,079         $24,294   $414,294  

30.06 Yr 1 $15,600         $12,429   $3,171           $21,123     $411,123  

30.09 Yr1  $15,600          $12,334   $3,266         $17,857    $407,857  

31.12 Yr 1   $15,600         $12,236    $3,364         $14,493    $404,493  

Now the Journal entries      

For Jan 1

Cash account Dr. $417,373  

        To Bonds payable $390,000  

        To Premium on bonds payable $27,373\

(Being the bond payable is recorded)  

On Mar 31

Interest expense Dr. $12,521  

Premium on bonds payable Dr. $3,079  

         To Cash $15,600

(Being cash paid is recorded)  

On Jun 30

Interest expense Dr. $12,429  

Premium on bonds payable Dr. $3,171  

     To Cash $15,600  

(Being cash paid is recorded)

On Sep 30

Interest expense Dr. $12,334  

Premium on bonds payable Dr. $3,266  

        To Cash $15,600

(being cash paid is recorded)  

On Dec 31

Interest expense Dr. $12,236  

Premium on bonds payable Dr. $3,364  

      To Cash $15,600

(being cash paid is recorded)