A competitive action can be one of two types, either __________ or __________.

Answer:

Part 1.

Number = 2,000 units and Cost  = $26,800

Part 2.

1,040 units

Part 3.

a. FIFO

Ending Inventory  = $14,580

Cost of Goods Sold  = $12,220

b. LIFO

Ending Inventory = $13,180

Cost of Goods Sold  = $13,620

c. Weighted Average Cost

Ending Inventory = $13,936

Cost of Goods Sold = $12,864

Part 4.

Orion Iron Corp.

Income Statement

                                            FIFO               LIFO         Weighted Average

Sales (960 x $42)          $40,320          $40,320               $40,320

Less Cost of Sales        ($12,220)         ($13,620)               ($12,864)

Gross Profit                    $28,100          $26,700                $27,456

Less Expenses

Operating Expenses    ($18,000)         ($18,000)              ($18,000)

Net Income                     $10,100            $8,700                 $9,456

Part 6.

Weighted Average method minimizes Income taxes as it provides lowest profits than the rest of the methods.

Explanation:

Periodic Inventory method ensures that Cost of Sales and Inventory Value are determined at the end of the period.

Cost of Goods Available for Sale = Beginning Inventory + Purchases

therefore,

Number = 350 + 950 + 700 = 2,000 units

Cost = 350 x $14 + 950 x $12 + 700 x $15 = $26,800

Units in Ending Inventory = Units available for sale - Units sold

therefore,

Units in Ending Inventory = 2,000 - ( 350 + 610 ) = 1,040

FIFO

This method assumes that the units to arrive first, will be sold first.

Ending Inventory =  340 x $12 + 700 x $15 = $14,580

Cost of Goods Sold = 350 x $14 + 610 x $12 = $12,220

LIFO

This method assumes that the units to arrive last, will be sold first.

Ending Inventory = 690 x $12 + 350 x $14 = $13,180

Cost of Goods Sold = 700 x $15 + 260 x $12 = $13,620

Weighted Average Cost

This method calculates a new unit cost based on units available for sale after each and every purchase. This unit cost is then used to determine the cost of sales and inventory value.

Unit Cost = Total Cost ÷ Units available for sale

                = $26,800 ÷ 2,000 units

                = $13.40

Ending Inventory = Units in Inventory x Unit Cost

                             = 1,040 x $13.40

                             = $13,936

Cost of Goods Sold = Units Sold x Unit Cost

                                 = 960 x $13.40

                                 = $12,864

Using a word processing document, the  three advertisements geared towards the professionals from each career cluster: Agriculture, Food, and Natural Resources, Energy, and Health Science is given below

The three advertisements geared towards professionals in the agriculture, food, and natural resources career cluster:

Here are three advertisements geared towards professionals in the energy career cluster:

Here are three advertisements geared towards professionals in the health science career cluster:

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Answer:Real estate property

Explanation:Real estate property

Daniel and Melissa have to pay real estate property tax for purchasing new house. The correct option is (c).

Real estate property tax refers to that amount which is paid by the owner of the property holder to the local government or Municipal Corporation according to the law of their country.

Real estate property refers to office buildings, commercial buildings, property, residential homes that are rented out to the third parties all these are considered under it. Householders pay this tax every year to the local government.

Calculate the property tax:

Property tax = base value × built up area ×age factor× type of building × category of use × floor factor.

Daniel and Melissa pay the property tax because it comes under the residential property. This tax shall be go to the local government. This real estate property tax paid by every year.

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The South African Reserve Bank can take several measures to correct the imbalance in the balance of payments.

A payment is a transfer of money or other valuable assets from one party to another in exchange for goods, services, or as a debt settlement. Payments can take various forms, including cash, checks, credit/debit cards, bank transfers, and electronic payment systems such as Pay-Pal or Ven-mo. The payment process typically involves a payer authorizing a payment, a payment processor verifying the transaction and ensuring that funds are available, and then transferring the funds to the payee's account. Payments can be made for a wide range of transactions, such as purchasing goods or services, paying bills, or transferring funds to friends or family members. With the increasing popularity of digital payment methods, payment processing has become faster, more secure, and more convenient than ever before.

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Complete Question:

The Giant Machinery has the current capital structure of 65% equity and 35% debt. Its net income in the current year is $250 000. The company is planning to launch a project that will requires an investment of $175 000 next year. Currently the share of Giant machinery is $25/share. Required: a. How much dividend Giant Machinery can pay its shareholders this year and what is dividend payout ratio of the company. Assume the Residual Dividend Payout Policy applies? b. If the company is paying a dividend of $2.50/share and tomorrow the stock will go ex-dividend. Calculate the ex-dividend price tomorrow morning. Assuming the tax on dividend is 15%? c. Little Equipment for Hire is a subsidiary in the Giant Machinery and currently under the liquidation plan due to the severe contraction of operation due to corona virus. The company plans to pay total dividend of $2.5 million now and $ 7.5 million one year from now as a liquidating dividend. The required rate of return for shareholders is 12%. Calculate the current value of the firm’s equity in total and per share if the firm has 1.5 million shares outstanding?

Answer:

A.) $136,250 ; 54.5%

B.) $22.875

C.) 7.27

Explanation:

Given the following :

Investment plan = $175,000

Capital structure:

Equity = 65%, Debt = 35%

Income = $250,000

Capital project takes priority before the residual income is shared as Dividend, according to the residual Dividend payout policy.

DEBT component of investment :

35% × 175,000 = $61,250

Equity component = 65% × 175000 = $113,750

Dividend = Income - Equity

Equity here is the amount to be reinvested.

Dividend = $(250,000 - 113,750) = $136,250

Dividend payout ratio = Dividend / income

= $136,250 / 250,000 = 0.545 = 54.5%

B.) current price = $25/share

Dividend = 2.50/share

Tax rate = 15% = 0.15

Outstanding shares = 1,500,000

E-Dividend price :

[current price - (Dividend(1 - tax rate)]

[$25 -($2.50(1-0.15)]

$25 - ($2.50(0.85)

$25 - $2.125 = $22.875

C.)

Payment now (D0) = $2.5 million

Payment after 1 year = $7.5 million

Rate of return = 12% = 112% = 1.12

current value per share is calculated by:

(Current value of shares / shares outstanding)

Current value : (D0 + (D1 × 1.12))

$2,500,000 + ($7,500,000 × 1.12)

= 2500000 + 8400000 = 10900000

Current value per share:

10900000 / 1500000 = 7.27

Critical thinking involves analyzing and evaluating information, while creative thinking involves generating new ideas and solutions. Positive use of leisure time includes engaging in activities that promote personal well-being, learning, self-improvement, socializing, and exploring new experiences.

Difference between critical and creative thinking:

Critical thinking is a cognitive process that involves analyzing and evaluating information or arguments in a logical and systematic manner. It focuses on objective analysis, reasoning, and problem-solving. Critical thinking requires the ability to question assumptions, recognize biases, and assess evidence to form well-reasoned judgments or decisions.

On the other hand, creative thinking involves generating new ideas, insights, or solutions. It is a process of divergent thinking, breaking away from conventional thoughts and exploring alternative perspectives.

Creative thinking often involves combining different ideas, making connections, and thinking outside the box. It encourages imagination, flexibility, and the ability to embrace uncertainty.

While critical thinking aims to assess and evaluate existing information or arguments, creative thinking aims to generate new possibilities or approaches. Critical thinking seeks to analyze and deconstruct, while creative thinking seeks to synthesize and construct.

Positive use of leisure time:

Leisure time refers to the period when individuals are free from work or other obligations and can engage in activities of their choice. Positive use of leisure time involves engaging in activities that contribute to personal well-being, growth, and fulfillment. Here are some examples:

Pursuing hobbies and interests: Engaging in activities such as painting, playing a musical instrument, gardening, or sports can provide relaxation, personal enjoyment, and a sense of accomplishment.

Learning and self-improvement: Using leisure time to learn new skills, read books, take online courses, or engage in personal development activities can enhance knowledge, broaden perspectives, and foster personal growth.

Physical and mental well-being: Allocating leisure time for exercise, meditation, yoga, or other wellness activities promotes physical fitness, reduces stress, and enhances overall well-being.

Socializing and building relationships: Spending leisure time with family, friends, or participating in community activities helps foster social connections, build relationships, and strengthen support networks.

Exploring new experiences: Traveling, visiting museums, attending cultural events, or trying new cuisines broadens horizons, provides exposure to different cultures, and creates memorable experiences.

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The answer is, The market for activated charcoal will expand as a result of increased demand for beauty products containing this ingredient, leading to higher prices and greater quantities supplied.

The reasons for this to happen are-

Customers will be increasingly inclined to pay more for these goods as they become more aware of the advantages of activated charcoal in beauty products.

To satisfy the greater level of demand, producers will raise their output of activated charcoal in response to the rise in demand.

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Here is the ROIC calculation for Apple, Inc.:

Net income (loss) $14,030

Interest expense $0

Taxes $14,030

Net operating profit after taxes $28,060

Average invested capital $176,064

Return on invested capital (ROIC) 15.9%

The following table compares Apple's ROIC to that of BlackBerry:

Company | ROIC

------- | --------

Apple | 15.9%

BlackBerry | 4.9%

As you can see, Apple's ROIC is significantly higher than BlackBerry's. This is due to a number of factors, including Apple's higher gross margin, operating margin, and net income.

Apple also has a lower tax rate than BlackBerry, which helps to boost its ROIC.

Here are some of the reasons why Apple has an advantage over BlackBerry:

Blackberry does have some advantages over Apple, such as its strong security features and its experience in the enterprise market. However, these advantages are not enough to offset Apple's overall advantages.

Overall, Apple is a more profitable company than BlackBerry. This is due to a number of factors, including Apple's strong brand, innovative products, efficient supply chain, and effective marketing strategy.

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An operating budget is a financial statement that outlines the organization's expenditures and revenues for a specific period.

The operating budget is typically for a fiscal year, which is usually twelve months. The future period for an operating budget is usually a fiscal year or less than a year. The operating budget is critical because it establishes guidelines for financial activities and operations in an organization. It provides a roadmap for financial plans for a short-term, future period, which typically begins on January 1st and ends on December 31st.

An organization creates an operating budget to aid in the allocation of resources and expenditures to achieve its objectives for a given period. A typical operating budget is for a fiscal year. A fiscal year is the period when an organization prepares its financial statements. It is usually 12 months, but it may be shorter or longer depending on the organization. An operating budget typically covers one fiscal year; however, it may be longer or shorter based on the organization's preferences.

The future period for an operating budget is frequently updated to reflect the company's current situation and financial standing. It takes into account the actual results of the previous period and the estimated expenditures and revenues for the upcoming year to develop the operating budget for a future period.

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Marketability, one of the following is not a characteristic generally evaluated in analyzing financial statements. Thus, option (c) is correct.

Comparisons of financial data made within a company are called  intracompany comparisons. Thus, option (a) is correct.

The term company refers to the legal entities that are legally registered in accordance with the Company Act. Company is the main goal to earn higher profit, and they maintain the goodwill.

According to the financial statements, are the created with the help of the marketability of the product. There was the financial data are the company to the entry are the intracompany comparisons.

Therefore, option (c) and 2. (a) is correct.

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Answer:

the Money comes from my savings account (Bank account)

Explanation:

the debit means that the money that we use is ours.

the credit means that the money is lent to us by the bank which we have gotten the card from. Choosing debit means that the money being spent comes from our own bank account.

Answer:

Amount of inventory = $28,800

Explanation:

Given:

Current ratio = 2.65

Acid test ratio = 2.01

Current liabilities = $45,000

Prepaid expenses = $0

Find:

Amount of inventory

Computation:

Current ratio = Current assets / Current liabilities

2.65 = Current assets / 45,000

Current assets = $119,250

Acid test ratio = [Current assets - Inventory - Prepaid expenses] / Current liabilities

2.01 = [119,250 - Inventory - 0] / 45,000

90,450 =119,250 - Inventory

Amount of inventory = $28,800

Answer:

true

Explanation:

ahhhhhhhhhhhhhh

Answer:

B, false

Explanation:

I just did the test, have a great day and stay happy

brainliest please

To be able to calculate the profit margin ratio, Carmen should D. Divide the company’s net profit by sales.

The profit margin ratio is a financial measure that is used to show the amount of net profit that a company has after it has taken away the expenses from its sales. The higher the profit margin ratio, the better for a company because it shows they are able to make more profit by incurring less expenses.

The formula for the profit margin ratio is simply to divide the net profit by the sales amount.

In this case therefore, the profit margin to Carmen's company is:

= Net profit / Sales amount

= 20, 000 / 100, 000

= 0. 2

= 20 %

This shows that 20 % of the sales is converted to net profit.

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Answer:

College education is undoubtedly the best choice for individuals seeking higher-paying jobs and better career prospects. According to the Bureau of Labor Statistics, individuals with a bachelor's degree earn an average of $1,248 per week, while those with only a high school diploma earn an average of $746 per week. This means that college graduates earn almost twice as much as those without a college degree. Additionally, a report by Georgetown University's Center on Education and the Workforce found that by 2020, 65% of all jobs in the United States will require some form of postsecondary education. This means that individuals without a college degree will have limited job opportunities and will be at a disadvantage in the job market.

The evidence from the Bureau of Labor Statistics and Georgetown University's Center on Education and the Workforce supports the claim that college education is the best choice. The higher earnings of college graduates compared to those without a college degree indicate that investing in a college education can lead to better financial outcomes. Furthermore, the report by Georgetown University's Center on Education and the Workforce highlights the increasing demand for postsecondary education in the job market. This means that individuals without a college degree will have limited job opportunities and will be at a disadvantage in the job market. Therefore, it is clear that college education is the best choice for individuals seeking higher-paying jobs and better career prospects.

Absorption and variable costing net operating income will be

equal when there is no beginning and no ending inventory.

equal when the number of units produced equals the number of units sold.

Total absorption costing (TAC) is a form of accounting that includes all costs associated with producing a good or rendering a service. TAC comprises all manufacturing overheads (whether "fixed" or "variable") in addition  to the expenses of materials and labour. Each cost centre may have direct or indirect costs. Individual cost centres make it simple to pinpoint the direct cost. In contrast, indirect costs are more difficult to link to a cost centre. The term "apportionment" refers to the division of overhead among the departments.

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Answer:

A. A balance sheet shows the total assets, liabilities, and owner's

equity at the end of the period

Explanation:

As we know that

The income statement recognized only the income earned and expenses incurred of an organization

While on the other hand the balance sheet shows the financial position, profitability of the company. It involves assets, liabilities and stockholder equity

So according to the given options, the option A is correct

hence, the rest of the options would be incorrect

Answer:

A. A balance sheet shows the total assets, liabilities, and owner's

equity at the end of the period

Explanation:

a p exz

I agree that "automation is bad for the economy because machines will eventually replace almost all human workers, creating high unemployment and poverty". This is because with automation, most jobs will be done by machines and robots. This will leave a large percent of human workers jobless.

Automation may result in job losses and wage reductions. Be aware that those who can operate machines are thought to be more productive than those who cannot.

Keep in mind that automation tends to reduce both the costs and prices of goods and services, making consumers feel richer while also causing certain human skills to be lost.

Accordingly, the following abilities will be lost as automation is implemented:

A. Communication Skills.

B. Social Skills.

C. Critical Thinking

D. the application of imagination and reflection.

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Answer:

See below

Explanation:

1. Predetermined overhead rate

= Total fixed overhead cost for the year / Budgeted standard direct labor hour

Predetermined overhead rate = $530,400 / 68,000

Predetermined overhead rate

= $7.8 per direct labor hour

2. i. Fixed overhead budget variance

= Actual fixed overhead - Budgeted fixed overhead

= $521,000 - $530,400

= $9,400 favourable

ii Fixed overhead volume variance

= Budgeter fixed overhead - Fixed overhead applied to work in process

= $530,400 - (66,000 × $7.8)

= $530,000 - $514,800

= $15,200 unfavorable

a. The AFC increases from $1.50 to $1.88 after the decrease in sales.

b. The Marginal Costs (MC) do not change.

C. It rises. The company needed to charge $1.85 per paper

The analysis of the answers go thus:

a. The average fixed cost (AFC) was $1.50, which equate the total fixed cost ($1.5 million) divide it by number of papers sold (1 million). By extension,

= $1,500,000/1,000,000).

Assume sales fall by 20% to 800,000 papers sold, the new AFC is $1.88.

= the total fixed cost divided by the new number of papers sold, = $1,500,000/800,000).

Thus, the AFC increases from $1.50 to $1.88 after the decrease in sales.

b. The marginal printing and marginal delivery costs are alike; as a result, marginal costs remains same.

c. To break even before the decline in sales, the company needed to charge enough to cover the AFC, $1.50, and the AVC, $0.35, which is the sum of the printing cost and delivery cost per paper. Thus, the company needed to charge $1.85 per paper. To break even after the decline in sales, the company needs to charge enough to cover the AFC, $1.88, and the AVC, $0.35, which is the sum of the printing cost and delivery cost per paper (note this does not change because the cost is per paper). Thus, the company needs to charge $2.23 per paper.

Therefore, the correct answer is as given above.

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Answer:

It's a long-standing copyright law principle that they are not. What copyright law protects is the expression of ideas. The underlying reason for this is that ideas are part of the public domain and therefore no one can have a monopoly in an idea.

Explanation:

Product Inventory -$6,300 debit

Invoices Payable -$6,300 credit

All the materials, products, and other items that a company keeps on hand with both the goal of reselling these for a profit are collectively referred to as inventory. As an illustration, merely the item will indeed be considered inventory if a newspaper seller uses a van to distribute newspapers to clients.

Inventory consists of goods or resources that a business intends to resale to customers at a profit. Merchandise management, a key element of the supply chain, involves tracking inventory from manufacturers through storage and from these places to a point of sale.

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A total score obtained from a series of standardised tests or subtests created to gauge human intelligence is known as an intelligence quotient (IQ).

What is reliability?

The possibility that a product, system, or service will function as intended for a predetermined amount of time or will run faultlessly in a predetermined environment is known as reliability.

Reliability in data analysis refers to how simple it is to reproduce a result. For instance, a result is dependable if it is obtained after measuring a cup of rice three times and yielding consistent results each time.

The likelihood that a given system will carry out its necessary function for a given period of time and under specific conditions is known as reliability. the user of the system realizing that it has

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The WTO has a major impact on Toyota in a similar manner.The WTO's primary responsibility is to negotiate trade regulations among its members. As a result, the WTO regulations have a big impact on the Toyota industry.

The company is permitted to import and export the medicine in accordance with WTO regulations. The WTO may have both beneficial and bad effects on enterprises.

Toyota was able to enhance product exports with the help of the WTO. As the WTO upholds the organization's viewpoint to comply with WTO regulations and rules, the company's sales rate has increased.

However, the WTO also has a detrimental effect on Toyota's operations. Due to the substantial influence of its quantity of exports, the World Trade Organisation has continually raised the tariff ceiling. Therefore, it is conceivable to assert that the WTO has an impact on the Toyota company both advantageously and badly.

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The matches can be related to the terms and phrases can be made as under,

The cost undergone by a firm or a producer to produce or manufacture one additional unit of a product, with other things being equal, is known as the marginal cost.

Hence, 1-B; 2-D; 3-A; 4-E and 5-C are the correct matches to the terms and phrases like marginal costs given above.

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The amount of Remington's Child tax credit will be $6,000.

The Child Tax Credit is a program which help parent to reduce their Federal tax owe through each qualifying child under the age of 17.

Since his Adjusted gross income (AGI) is $95,000, then, the child tax credit for the children age (6 to 17) will be $3,000

For the 2 qualifying children:

Child tax credit = $3,000 + $3,000

Child tax credit = $6,000

Therefore, the Option C is correct because the amount of Remington's Child tax credit will be $6,000.

Missing options includes "$3,000, $3,600, $6,000, $6,600"

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Answer:

you should be the manager of subway, theres way more options and you can eat fresh ;)

Answer:

Explanation:tôi xứng đáng có mức lương cao hơn