A+company+sold+$12,000+worth+of+bicycles+with+an+extended+warranty.+it+estimates+that+2%+of+these+sales+will+result+in+warranty+work.+the+current+period's+entry+to+record+the+warranty+expense+is:__________

Answers

Answer 1

The warranty expense is $240.

A warranty is a type of assurance that a manufacturer or comparable celebration makes regarding the condition of its product. It also refers to the terms and situations in which repairs or exchanges will be made if the product does no longer characteristic as initially defined or supposed.

A warranty is a guarantee of the integrity of a product and of the maker's obligation for it. In a feel, the guarantee is the extra well-known time period and assurance is the extra specific time period.

When a company sells goods on a warranty basis, the warranty expenses & warranty liability should be recognized in the year of sales only.

Debit warranty expenses $240, credit Estimated warranty liability $240 (option c)

Warranty expenses & Estimated warranty liability to be recognised = Sales * Estimated % of warranty work

= $12,000 * 2 % = $240

Learn more about warranty here:-https://brainly.com/question/27919230

#SPJ4


Related Questions

An economy operating at a trough in its business cycle is by definition
experiencing deflation
experiencing inflation
in a recession
in an expansion
between a recession and an expansion
2. For two straight quarters, business inventories increase at a sharp rate. This most likely indicates
an expanding economy
a recovering economy
the beginning of a recession
an increase in inflation
a record unemployment rate

Answers

An economy operating at a trough in its business cycle is in a recession.

A trough represents the lowest point in the business cycle, indicating a period of economic contraction and decline. It is characterized by a decrease in economic activity, low levels of production and employment, and reduced consumer spending. During a trough, the economy experiences negative or slow growth, leading to a recessionary phase.

For two straight quarters, business inventories increasing at a sharp rate most likely indicates an expanding economy.

When business inventories increase at a significant pace, it suggests that businesses are producing more goods and accumulating stock to meet rising demand. This indicates a growing economy where consumption and production are on the rise. An increase in business inventories reflects increased confidence in future sales and overall economic growth.

Therefore, an economy operating at a trough is in a recession, and an increase in business inventories indicates an expanding economy.

learn more about "economy ":- https://brainly.com/question/28210218

#SPJ11

Ms. Versini applied for a car loan from a bank. Which statement best describes the importance of Ms. Versini’s credit report to the bank?

Ms. Versini applied for a car loan from a bank. Which statement best describes the importance of Ms.

Answers

The optimal response is statement F since it indicates the possibility that Ms. Versine will repay the entire amount on schedule.

As a fundamental time management tool, a schedule or timetable is made up of either a list of potential times for tasks, events, or actions, or it is made up of a series of events that are supposed to happen in the order that they are supposed to happen. Scheduling is the act of choosing how to prioritise resources among the various tasks that can be completed and how to arrange them on a schedule.

The person who is in charge of producing a certain schedule is sometimes referred to as a scheduler. Scheduling is a human activity that has been practised for ages. According to some scenarios, making plans is a form of life-skills education.

Learn more about schedule here:

brainly.com/question/31765890

#SPJ1

Write a 1 paragraph summary of how modular homes are built and used for different purposes. Please write in complete sentences and include
pros and cons of this kind of residential design.

Answers

Answer:

Modular homes are built in sections or modules off-site and then transported to the final location for assembly. These homes are often used for residential purposes, such as primary residences, vacation homes, or rental properties. They can also be used for other purposes, including office buildings, schools, and healthcare facilities. One of the main advantages of modular homes is that they can be built quickly and cost-effectively in a factory setting, with less waste and greater efficiency. Additionally, modular homes can be customized to meet the specific needs and preferences of the homeowner. However, there are also some drawbacks to modular homes, including limited design options, potential transportation issues, and potential difficulty in obtaining financing or insurance. Overall, modular homes offer a flexible and affordable option for those looking for a new home or building, but they require careful consideration of the specific needs and challenges associated with this type of residential design.

In what kind of nation are members of a society most likely to have good educational opportunities?

a developing nation

a developed nation

a country emerging from an economic and political crisis

an underdeveloped nation

Answers

Answer:

a developed nation for states

term used to describe a time of both tremendous wealth and poverty in the late 1800s

Answers

The term used to describe the late 1800s, a time marked by both tremendous wealth and poverty, is the Gilded Age. This era, which lasted from around 1870 to 1900, witnessed rapid industrialization and economic growth in the United States.

The Gilded Age was characterized by the rise of big businesses, the expansion of railroads, and significant advances in technology and communication. During this period, wealthy industrialists and entrepreneurs such as Andrew Carnegie, John D. Rockefeller, and Cornelius Vanderbilt amassed vast fortunes. These "captains of industry" were able to capitalize on the economic opportunities provided by the booming American economy. However, this wealth accumulation came at a cost, as many workers endured harsh working conditions, low wages, and limited job security.

In contrast to the opulence enjoyed by the elite, the Gilded Age also saw widespread poverty, especially in urban areas. Many workers and their families lived in cramped, unsanitary conditions, often in overcrowded tenement buildings. The gap between the rich and the poor continued to widen, leading to growing social and economic inequality.

In conclusion, the Gilded Age refers to the late 1800s, an era marked by both incredible wealth and abject poverty. This period of American history highlights the deep divide between the prosperous few and the struggling masses, emphasizing the need for reforms to address such disparities.

To know more about the Gilded Age visit:

https://brainly.com/question/30705266

#SPJ11

The overriding aim in building a management team should be to: A. select people who are committed to decentralizing decision making and empowering employees. B. assemble a critical mass of talented managers who can function as agents of change and further the cause of first-rate strategy execution. C. choose managers experienced in controlling costs and flattening the organization structure. D. select people who have similar management styles, leadership approaches, business philosophies, and personalities. E. choose managers who believe in having a strong corporate culture and deeply ingrained core values.

Answers

Answer:

B. assemble a critical mass of talented managers who can function as agents of change and further the cause of first-rate strategy execution.

Explanation:

A team can be defined as a group of people or set of individuals with various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective.

This ultimately implies that, a team comprises of individuals, workers or employees having complementary skills, knowledge and experience needed to execute a project or task successfully. Therefore, workers working as a team usually interact with the other team members and as a result, this enhances performance and strengthen the level of relationship they share.

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.

Generally, the overriding aim in building a management team is to assemble a critical mass of talented managers who are able to typically function as agents of change while furthering the cause of first-rate strategy execution for the growth and development of a business firm or organization.

Tricia listed her assets and liabilities. credit card bill car loan bonds piano bank account bicycle which are tricia’s liabilities? select two choices..

Answers

Tricia listed her assets and liabilities which are :

. Credit Card Bill

. Car Loan

What's a Credit Card Billing announcement? A billing assertion is a periodic statement that lists all the purchases, payments, and other debits and credits made for your credit score card account inside the billing cycle. Your credit card provider sends your billing assertion about once a month.

When is a pleasant time to pay your credit card bill? no less than, you should pay your credit card bill by means of its due date every month.

About Car Loan Financing: an automobile may be a good idea, If you want to power a more modern vehicle you would be not able to store up sufficient coins in an inexpensive quantity of time. The hobby price is low, so the more prices won't upload lots to the general fee of the vehicle. The everyday bills might not add stress to your contemporary or upcoming price range.

Learn more about Credit Card Bill and Car Loan here:- https://brainly.com/question/10904776

#SPJ4

Do you intend to make specific contributions to the support of the beneficiary named in this form i-134?.

Answers

Form I-134 is used whilst a U.S. citizen or green card holder is of the same opinion to emerge as an economic sponsor of a traveler visa or a K1 and K2 visa.

Who is the beneficiary in I-134?

The beneficiary is the foreigner who uses it for an immigration grant. A beneficiary may also report Form I- 134 on behalf of himself or herself

For example, in 2021, a sponsor withinside the U.S. mainland could want to have profits (or assets) of at least $33,125 to cover a petitioner who lives by himself and is sponsoring one immigrant and  children (that is, a complete of 4 people)

Thus, Yes, if required a person can make contributions for the support of a beneficiary unless they fulfill the minimum income eligibility criteria given by the Govt.

Learn more about tax form I-134 here:

https://brainly.com/question/21882275

#SPJ1

Asian Inc.'s operating income for the year is $6,000,000 and its tax rate is 21%. Its total invested capital is $30,000,000 and its after cost of capital is 6%. What is its EVA?

Answers

The solution for EVA is  mathematically given as

EVA=  200,000

What is its EVA?

The incremental difference between a company's rate of return (RoR) and its cost of capital is known as an enterprise's economic value added (EVA). In its most basic form, it is a method for determining how much value a firm creates as a result of the capital that is invested in it.

When the EVA of a firm is negative, it indicates that the company is not producing value from the cash that has been put into the business.

Generally, the equation for EVA is  mathematically given as

EVA = EBIT ( 1- T) ] - [ Capital employed * WACC ]

Therefore

EVA =3,000,000 (1- 0.4) -  20,000,000 * 0.08

EVA=  1,800,000 - $ 1,600,000

EVA=  200,000

In conclusion, the solution for EVA is given as

EVA=  200,000

Read more about the incremental differences in the rate of return.

https://brainly.com/question/18850671

#SPJ1

Analysts expect TPHB, Inc. to have an annual growth rate in its dividend of 125% over each of the next three years and forecast its growth rate to be 5.5% annually after that. TPHB will pay its first dividend today in the amount of $0.60 per share. The required rate of return on TPHB stock is 13.5%. a. What should TPHB's stock price be today? b. What would you expect the stock price to be two years from today? c. What would you expect the stock price to be five years from today?

Answers

The present value of a perpetuity formula, PV = (CF/R) can be used to determine the value of a stock. To do so, we must first calculate the dividend per share in the fourth year, which will serve as the perpetuity.

125% of $0.60 per share is $0.75 per share in the first year, $1.69 per share in the second year, and $3.77 per share in the third year, according to the calculations. The fourth-year dividend will be $5.16 per share, which is calculated as follows: \($3.77 x 1.055\).

Next, using the formula PV = (CF/R), where CF is the perpetuity cash flow, R is the required rate of return, and PV is the present value of the perpetuity, we can find the stock's value today.\(PV = ($5.16/0.135) = $38.22\).
As a result, the current stock price is $38.22.
To know more about perpetuity visit:

https://brainly.com/question/28205403

#SPJ11

developed in the 1990s as a popular way of developing radically new business processes in an effort to reduce waste and increase performance is referred to as:

Answers

The term "Business Process Reengineering" refers to the creation of fundamentally new business processes to decrease waste and improve performance (BPR).

What is BPR?

The management strategy known as "business process reengineering" (BPR) was created in the 1990s in response to the growing demand for increased productivity and cost savings in business operations. BPR's fundamental tenet is to evaluate current business procedures critically and implement significant changes to improve performance, cost, and quality. BPR typically entails a careful examination of current procedures, the discovery of potential areas for improvement, and the creation and implementation of new procedures. Changes to the organisational structure, job duties, technology, and other crucial aspects of business operations may be necessary. BPR can be a powerful tool for fostering improvements, but it can also be disruptive and demand a significant time and resource commitment.

To learn more about business process reengineering visit:

https://brainly.com/question/30629961

#SPJ4

Builders, Inc., agrees to construct an office building for Champion Fitness Clubs, Inc. The project proceeds according to plan, but before it is done, Champion tells Buildersto quit. Buildersmay recover..a. the contract price less costs of materials and labor.b. the contract price.c. the costs needed to complete construction.d. profits plus the costs incurred up to the time of the breach.

Answers

The correct option is d. Builders can recover the contract price, plus lost profits up to the time of breach in a situation where Champion Fitness Clubs, Inc. tells them to stop the project.

In the given scenario, Builders can recover profits plus the costs incurred up to the time of the breach. This is because Champion Fitness Clubs, Inc. told them to quit the project before it was done, which means there was a breach of contract. When a contract is breached, the innocent party is entitled to recover damages. In this case, Builders, Inc. is the innocent party and has the right to recover its lost profits up to the time of the breach.

The lost profits would include all profits that the builder would have made if the project had been completed as per the contract. Therefore, option d is the correct answer in this case.

To know more about contract visit:

https://brainly.com/question/14938375

#SPJ11

If a household tends to spend a relatively large portion of any income it receives, what can we predict about this household

Answers

If a household tends to spend a relatively large portion of any income it receives, either the income of the household is low to cater for their needs or their marginal propensity is high.

Marginal propensity

Marginal propensity to consume (MPC) is a metric used to determine what proportion of additional income a consumer spends on the buying of goods and services to the amount of money saved. Also, if the consumer receives a low income, almost all would be spent and little amount would be saved.

Hence, If a household tends to spend a relatively large portion of any income it receives, either the income of the household is low to cater for their needs or their marginal propensity is high.

Find out more on Marginal propensity at: https://brainly.com/question/25821146

demand-pull inflation occurs when


A.) the price of goods rises suddenly and extremely fast.

B.) consumers begin purchasing more goods.

C.) producers need more money to make and distribute goods.

D.) the government prints more money and pushes prices up.

Answers

Answer:

i think its b even tho im probbly wrong

B. Demand-pull inflation occurs when demand for goods and services in an economy rises more rapidly than an economy's productive capacity.

Sorry to bother but i need someone to talk to me if your older than 15 don't bother to message thank,you❤

Answers

Answer:

Does 16 mean no too?

Explanation:

The market segment that is the focus of a firm’s marketing plan is the
A. market position
B. target market
C. market mix
D. product market

Help please!!!

Answers

The market segment that is the focus of a firm’s marketing plan is the market mix

What is marketing plan?

Markets plan includes all activity that is involved in achieving a certainly goal as regarding market.

marketing mix contains a market plan as it include all actions in marketing a product.

Therefore, The market segment that is the focus of a firm’s marketing plan is the market mix

Learn more on marketing plan below

https://brainly.com/question/25369230

#SPJ1

Louis files as a single taxpayer. In April of this year, he received a $900 refund of state income taxes that he paid last year.
How much of the refund, if any, must Louis include in gross income under the following independent scenarios? Assume the standard deduction last year was $12,400. (Leave no answer blank. Enter zero if applicable.)
a. Last year Louis claimed itemized deductions of $12,650. Louis’s itemized deductions included state income taxes paid of $1,750 and no other state or local taxes.
Refund to be included in gross income.....?
b. Last year Louis had itemized deductions of $10,800 and he chose to claim the standard deduction. Louis’s itemized deductions included state income taxes paid of $1,750 and no other state or local taxes.
Refund to be included in gross income.....?
c. Last year Louis claimed itemized deductions of $13,840. Louis’s itemized deductions included state income taxes paid of $2,750 and no other state or local taxes.
Refund to be included in gross income.....?

Answers

the refund to be included in gross income is $0.

a. In scenario a, Louis claimed itemized deductions of $12,650, which included state income taxes paid of $1,750. Since Louis received a refund of $900 of the state income taxes paid last year, he must include the refund amount in his gross income. Therefore, the refund to be included in gross income is $900.

b. In scenario b, Louis had itemized deductions of $10,800 but chose to claim the standard deduction. Since Louis did not itemize his deductions for state income taxes paid, he does not need to include the refund in his gross income. Therefore, the refund to be included in gross income is $0.

c. In scenario c, Louis claimed itemized deductions of $13,840, which included state income taxes paid of $2,750. However, since the standard deduction last year was $12,400, Louis would have been better off claiming the standard deduction. Therefore, Louis did not actually pay the state income taxes of $2,750. As a result, he does not need to include the refund in his gross income.

To know more about gross income, visit:

https://brainly.com/question/547727

#SPJ11

The indirect demand function in a market is P (Q) = 200-1.5xQ and the marginal cost is Mc (Q) = 60 + Q, where P is the price, Mc is the marginal cost and Q is the quantity. What is the socio-economic deadweight loss if the price is 150.

Answers

The socio-economic deadweight loss if the price is 150 is 0.

We know that the socio-economic deadweight loss is defined as the loss in total welfare to society due to the market inefficiency. It is calculated by finding the area of the triangle formed by the difference between the quantity supplied and quantity demanded.

The indirect demand function in a market is: P(Q) = 200 - 1.5xQ

The marginal cost is: Mc(Q) = 60 + Q

To find the quantity Q at a price P = 150, we can substitute P = 150 in the indirect demand function.

P(Q) = 200 - 1.5xQ150 = 200 - 1.5xQ1.5xQ = 200 - 1501.5xQ = 50Q = 50/1.5Q = 33.33 (rounded off to two decimal places)

Therefore, the quantity Q at a price P = 150 is Q = 33.33.

The equilibrium price can be calculated by equating the quantity demanded and quantity supplied. Quantity demanded = quantity supplied

P = 200 - 1.5xQP = 200 - 1.5(33.33)

P = 200 - 50P = 150

Therefore, the equilibrium price is P = 150.

The equilibrium quantity can be calculated by substituting P = 150 in the demand function or the supply function.

Let us substitute in the demand function.

P(Q) = 200 - 1.5xQ150 = 200 - 1.5xQQ = 33.33

Therefore, the equilibrium quantity is Q = 33.33 (rounded off to two decimal places).

We can find the quantity supplied at price P = 150 from the marginal cost function.

Let us substitute P = 150 in the marginal cost function.

Mc(Q) = 60 + Q

Mc(Q) = 60 + 33.33

Mc(Q) = 93.33

Therefore, the quantity supplied at price P = 150 is Q = 33.33 and the quantity demanded at price P = 150 is Q = 33.33. The deadweight loss can be calculated as follows:

DWL = 1/2 x (Quantity supplied - Quantity demanded) x (Price - Marginal cost)

DWL = 1/2 x (33.33 - 33.33) x (150 - 93.33)

DWL = 0 x 56.67DWL = 0

Therefore, the socio-economic deadweight loss if the price is 150 is 0.

Learn more about marginal cost function here: https://brainly.com/question/29090581

#SPJ11

Womack Toy Company’s stock is currently trading at $25 per share. The stock’s dividend is projected to increase at a constant rate of 7 percent per year. The required rate of return on the stock, ks, is 10 percent. What is the expected price of the stock 4 years from today?

Answers

Answer: $32.77

Explanation:

Given the following :

Current price of stock = $25

Growth rate of Dividend per annum= 7%

Required return on stock = 10%

Period = 4 years

Expected price of stock after 4 years can be calculated using the relation :

Current price × ( 1 + growth rate)^period

Expected price = $25(1 + 7%)^4

Expected price :

$25 × ( 1+ 0.07)^4 = $25 × (1.07)^4

= $25 × 1.31079601

= $32.76990025 = $32.77

around 4000 bc, the egyptians multiple choice practiced the management function of controlling by keeping records of tax receipts, real estate holdings, and lists of farm animals. applied the managerial concepts of delegation, cooperation, efficiency, organization, and control. recognized management as a separate art and advocated a scientific approach to work. standardized production through the use of an assembly line. used planning, organizing, leading, and controlling to build their great pyramids.

Answers

By 4000 BC, the Egyptians  used planning, organizing, leading, and controlling to build their pyramids.

How did the ancient Egyptians build their pyramids?

As early as 4000 BC, the ancient Egyptians were building pyramids which were so advanced in architecture that even till today they are still considered very difficult to have done.

The only way the Ancient Egyptians could have constructed these mighty structures was by instituting certain processes. One was planning and involved things like designing the pyramids. There was also a need to organize resources such as labor and raw materials. Leading was needed to bring people together to construct the pyramids as well.

Find out more on the Ancient Egyptians at https://brainly.com/question/19731455

#SPJ1

Discuss the relationship between trade and management​

Answers

Trade is a basic economic concept involving the buying and selling of goods and services, with compensation paid by a buyer to a seller, or the exchange of goods or services between parties. Trade can take place within an economy between producers and consumers. International trade allows countries to expand markets for both goods and services that otherwise may not have been available. It is the reason why an American consumer can pick between a Japanese, German, or American car. As a result of international trade, the market contains greater competition and therefore, more competitive prices, which brings a cheaper product home to the consumer.

Chang Industries has 2.400 defective units of product that already cost $22 each to produce. A salvage company will purchase the defective units as is for $9 each. Chang's production manager reports that the defects can be corrected for $14 per unit, enabling them to be sold at their regular market price of $25. The $22 per unit is a: 0 Sunk cost. 0 Opportunity cost. 0 Perlod cost. 0 Out-of-pocket cost. 0 Incremental cost.

Answers

According to Chang's production manager, the flaws could be repaired for $14 per unit, allowing them to be sold at their typical market price of $25. A Sunk Cost of $22 is incurred for each unit.

Sunk costs in company include things like marketing, research, installing new software or equipment, paying for workers and benefits, or paying for facilities. A comparison is made between sunk costs and prospective costs, or future spending that could be avoided if action is done. A sunk cost is, in other words, a sum of money that was invested in the past but is no longer relevant when making judgements for the present. Consumers commonly take into account past costs for situations like mending a car or house while making decisions about those properties in daily life, despite economists' claims to the contrary.

Learn more about Sunk Cost from

brainly.com/question/14848662

#SPJ4

your company requires that all the data on your ebs-backed ec2 volumes be encrypted. how would you go about doing this?

Answers

Even if you don't use the encrypted=true request parameter, encryption by default enables you to guarantee that all newly generated EBS volumes in your account are encrypted at all times.

What holds true regarding the functionality of encryption with EBS?

What holds true regarding the functionality of encryption with EBS? When you take a snapshot of an encrypted volume, you generate an encrypted snapshot; when you restore an encrypted snapshot, you create an encrypted volume.

What steps should you take to safeguard the data on EBS volumes?

3 Important Things to Keep in Mind to Protect Data in Your Most Important EBS...

EBS Volume Encryption is the first.

Access Management, often known as how to prevent deletion of your EBS volumes, is item number two.

3 - How to Backup and Recover EBS Data Correctly

Learn more about EBS Volume

Visit:

https://brainly.com/question/15048276

#SPJ4

rubber and steel company is planning manufacturer a new products. the variable cost will be$51 per unit& fix unit be$5850.selling price be $133 per unit. variable selling expense is $17 per unit.
find the contribution margin in per unit is $
contribution rate
break even point
break even point in sales dollars

Answers

The contribution margin per unit is $65. The contribution rate is 48.87%. The break-even point is 90 units. The break-even point in sales dollars is $11,970.

What is the contribution margin per unit?

The contribution margin per unit is calculated by subtracting the variable cost per unit and the variable selling expense per unit from the selling price per unit. In this case, the selling price per unit is $133, the variable cost per unit is $51, and the variable selling expense per unit is $17. Thus, the contribution margin per unit can be calculated as follows:

Contribution Margin per Unit = Selling Price per Unit - Variable Cost per Unit - Variable Selling Expense per Unit

Contribution Margin per Unit = $133 - $51 - $17

Contribution Margin per Unit = $65

Learn more about contribution margin

brainly.com/question/29674918

#SPJ11

Three stocks have share prices of $35, $110, and $80 with total market values of $530 million, $480 million, and $280 million, respectively. if you were to construct a price-weighted index of the three stocks, what would be the index value

Answers

The index value of the stocks will be 75.

First share price =  $35,

Second share price = $110,

Third share price =  $80

A statistical measure known as an index value depicts the level of a stock market index at a specific time. An imaginary stock portfolio that represents a specific market or market segment is called a stock market index.  The index value is determined by taking the prices of the individual stocks in the portfolio and averaging them all together.

Determining the index price -

Total share price/ Total number of shares

= 35 + 110 + 80/3

= 225/3

= 75

Read more about index value on:

https://brainly.com/question/29563009

#SPJ4

demand has fallen. what is going to happen to the monopolist's price, output rate, and economic profits?

Answers

If demand has fallen, the monopolist's price is likely to decrease to maintain sales. The output rate may also decrease to adjust to the lower demand.

As a result, economic profits may also decrease since the monopolist will not be able to charge as high of a price or produce as much as before. However, it is important to note that the exact impact on the price, output rate, and economic profits will depend on various factors such as the elasticity of demand and the competitive landscape of the market. When demand has fallen, the monopolist's price, output rate, and economic profits are likely to be affected as follows: 1. Monopolist's price: The monopolist may decrease the price in an attempt to increase demand and sell more units of the product. 2. Output rate: As demand falls, the monopolist will likely reduce the output rate to prevent an excess supply in the market and minimize production costs. 3. Economic profits: With decreased demand, lower prices, and reduced output, the monopolist's economic profits are likely to decrease as well.

Learn more about monopolist's price here:

https://brainly.com/question/13806356

#SPJ11

Nick's Enchiladas has preferred stock outstanding that pays a dividend of $4 at the end of each year. The preferred sells for $50 a share. What is the stock's required rate of return (assume the market is in equilibrium with the required return equal to the expected return)

Answers

the stock's required rate of return is 8%.Nick's Enchiladas has preferred stock outstanding that pays a dividend of $4 at the end of each year. The preferred sells for $50 a share.

To calculate the stock's required rate of return, we need to use the dividend discount model, which is:

Required Rate of Return = Dividend / Stock Price

In this case, the dividend is $4, and the stock price is $50. Therefore, the required rate of return is:

Required Rate of Return = $4 / $50 = 0.08 or 8%

The required rate of return is the minimum return an investor expects to receive for investing in a particular stock. It is also known as the discount rate or the opportunity cost of capital. In other words, it represents the return an investor could earn by investing in an alternative investment with a similar level of risk.

The dividend discount model is a popular method used to calculate the required rate of return for a stock. It assumes that the stock's value is equal to the present value of its future dividend payments. By rearranging the formula for the dividend discount model, we can solve for the required rate of return.

Learn more about stock's  here:

https://brainly.com/question/31476517

#SPJ11

Exercise 1-6A (Algo) Identifying product versus SG\&A costs LO 1-2, 1-3 A review of the accounting records of Stuart Manufacturing indicated that the company incurred the following payroll costs during the month of March. Assume the company's financial statements are prepared in accordance with GAAP.
1. Salary of the company president −$31,300.
2. Salary of the vice president of manufacturing −$15,800
3. Salary of the chief financial officer −$19,000.
4. Salary of the vice president of marketing −$16,000.
5. Salarles of middle managers (department heads, production supervisors) in manufacturing plant- $205,000
6. Wages of production workers- $928,000
7. Salaries of administrative secretaries −$104,000.
8. Salaries of engineers and other personnel responsible for maintaining production equipment- $182,000.
9. Commissions pald to sales staff −$245,000. Required
a. What amount of payroll cost would be classified as SG\&A expense?
b. Assuming that Stuart made 4,300 units of product and sold 3,225 of them during the month of March, determine the amount of payroll cost that would be included in cost of goods sold. (Do not round intermediate calculations.)

Answers

a) The amount of payroll cost classified as SG&A expense is $415,300.

b) If Stuart made 4,300 units of product and sold 3,225 of them during the month of March, the amount of payroll cost included in the cost of goods sold is approximately $987,821.25.

a. To determine the amount of payroll cost classified as Selling, General, and Administrative (SG&A) expense, we need to identify the costs that are not directly related to the production of goods. Based on the information provided:

Salary of the company president

Salary of the chief financial officer

Salary of the vice president of marketing

Salaries of administrative secretaries

Commissions paid to sales staff

These costs are associated with management, administration, and sales functions rather than the direct production of goods. Therefore, they would be classified as SG&A expenses. Adding up these costs, we have:

$31,300 + $19,000 + $16,000 + $104,000 + $245,000 = $415,300.

b. To determine the amount of payroll cost included in the cost of goods sold (COGS), we need to consider the costs directly associated with the production of goods. In this case:

Salarles of middle managers in manufacturing plant

Wages of production workers

Salaries of engineers and other personnel responsible for maintaining production equipment

These costs directly contribute to the manufacturing process. Summing up these costs, we have:

$205,000 + $928,000 + $182,000 = $1,315,000.

Since we are given the number of units produced (4,300) and sold (3,225), we can calculate the payroll cost included in the COGS per unit:

$1,315,000 / 4,300 = $305.81 per unit.

To determine the amount included in the COGS for the 3,225 units sold, we multiply the per-unit cost by the number of units sold:

$305.81 * 3,225 = $987,821.25.

To learn more about accounting click on,

https://brainly.com/question/32686668

#SPJ4

Prepare a direct materials. budget, including a schedule of expected cash disbursements for purchases of materials.

Answers

Cash Budget    

Cash Balance, March 1                   $            11,500

Add Cash Receipts    

Collections from Customer            $            34,600

Total Cash Available                    $            46,100

Fewer disbursements    

Payment to Suppliers                          $           24,600  

Selling and administrative expenses  $              9,300  

Equipment Purchases                          $           14,000  

Dividend Paid                                  $              2,000  

Total Disbursements                    $            49,900

Excess (Deficiency)                    $            (3,800)

Financing    

Borrowing                                    $            13,800

Repayments    

Interest    

Total Financing                            $            13,800

Cash Balance, March 31            $            10,000

The main purpose of the cash budget is to project future cash balances and identify potential deficits and surpluses. Based on projected balances, financial professionals develop plans to deal effectively with these situations.

A cash budget is an estimate of a company's cash flow over a period of time. This can be applied to weekly, monthly, quarterly, or yearly budgets. This budget is used to assess whether the company has enough cash to continue operations for the allotted period.

Learn more about Cash Budget at  

https://brainly.com/question/22850167

#SPJ4

A direct materials budget is including a schedule of expected cash disbursements for purchases of materials is cash budget.

The direct materials budget calculates the materials that need to be purchased, via time period, if you want to fulfill the requirements of the manufacturing budget. it's miles normally supplied in either a month-to-month or quarterly format in the annual price range.

The method for computation of the acquisition is: purchase in devices = utilization + preferred finishing cloth inventory units − beginning stock devices. The direct material budget is typically followed through a computation of predicted coins payments for materials. The reason of the direct material budget is to determine the amount of raw materials to be bought each length to fulfill the manufacturing wishes and to offer for adequate inventories.

Learn more about direct material budget here:-https://brainly.com/question/16106798

#SPJ4

For a new Madden video game, EA Sports decides to have Antonio Brown on the cover and run an ad campaign on ESPN. After the advertisement has run, EA Sports asks ESPN viewers if they recall the advertising and if it changed their attitudes about the product. What is this process called?

Answers

Answer:

Post testing

Explanation:

Post-testing is the testing that could be done after finishing the product. It is to be done to check the performance, efficiency, effectiveness of the product so that if there is any error then it can be solved

Here in the given situation, after running the advertisement EA sports ask ESPN viewers for restarting the advertising also it changed the attitudes with respect to the product or not

So this we called as post-testing

Other Questions
According to lecture which of the following is a function of science?O predictionO explanationO controlO dissemination Paul Casey retired from the U.S. Navy in 2015. He receives a military pension based on his years of service. On August 3, 2021, he received a determination of service-connected disability retroactive to 2015. Which of the following is true regarding Pauls claim for a refund for taxes paid on his pension? An infection has triggered the adaptive immune response. which line of defense has been activated? URGENTTT!!! PLEASE HELPPPP Which of these events resulted in further Crusades on hundred years after the First Crusade? select the correct answer.Which Facets Model of Effects is a value that the customer assigns to something after receiving Information from their senses?OA associationOB. affectiveOC. perceptionOD. cognition What is Tom Sawyer secret in Chapter 16? The words below are associated with Abstract Art. a. Realism b. Simplifying c. Separating d. AnalyzingNeed ASAP Thomas Diesel owns the Fredonia Barber Shop. He employs 5 barbers and pays each a base salary of $1,430 per month. One of the barbers serves as the manager and receives an extra $600 per month. In addition to the base salary, each barber also receives a commission of $6.00 per haircut. Other costs are as follows. Advertising $260 per month Rent $1,000 per month Barber supplies $0.50 per haircut Utilities $150 per month plus $0.10 per haircut Magazines $20 per month Thomas currently charges $12.00 per haircut. Determine the unit variable costs per haircut and the total monthly fixed costs. (Round variable costs to 2 decimal places, e.g. 2.25.) Total unit variable cost per haircut $ Total fixed costs Compute the break-even point in sales units and in sales dollars.. Break-even point haircuts Break-even point sales eTextbook and Media Determine net income, assuming 1,900 haircuts are given in a month. Net income $ Solve for x.x2=14Responsesx=18x equals plus or minus 1 eighthx=12x equals plus or minus 1 halfx=116x equals plus or minus 1 sixteenthx=2 Can someone help me with this??Norman is a high school senior who is learning about financial planning. Below is a list of his income and expenses for the previous month. allowance: $200movie tickets: $25wages: $1,000bonus: $100auto loan: $500birthday gift: $50interest on savings: $15auto repairs from accident: $150auto insurance: $450concert tickets: $45For this homework assignment, answer all of the following questions.Categorize each of the items above using the following categories:Anticipated incomeUnanticipated incomeAnticipated expensesUnanticipated expensesIdentify Norman's unearned income, if any.Are variable expenses anticipated or unanticipated?Calculate Norman's income for the past month and expenses for the past month. The New Jersey Division of Fish and Wildlife keeps track of the beaver population in the Raritan River. They tagged 42 beavers and released them. A week later, they captured 54 beavers, including 14 tagged beavers. What is a good estimate of the beaver population in the Raritan River? There are approximately beavers in the Raritan River. McKerley Corporation has preferred stock outstanding that will pay an annual dividend of $3.10 per share with the first dividend exactly 10 years from today. If the required return is 3.48 percent, what is the current price of the stock? PLS 20 POINTS!!! Which of these is a reason to have a preparticipation health screening?Select all that apply.to be sure a person has no heart diseaseto be sure a person has no heart disease , ,to prevent the onset of genetic diseases as one travels to other locations to prevent the onset of genetic diseases as one travels to other locations , ,to identify the risk of muscle or bone defects to avoid injury on the athletic fieldto identify the risk of muscle or bone defects to avoid injury on the athletic field , ,to keep other players from getting infected by any transmittable diseases The distance, s (in feet), traveled by a car moving in a straight line is given by the function, st=t2+t where t is measured in seconds. Find the average velocity for the time period from t = 1 to t = 4. Hint: Average velocity is displacement divided by time interval of the displacement. 12. A frain moves from rest to a speed of 25 m/s in 30.0 seconds. What is its acceleration? Thoreau believes that...humans should devote their lives to putting out fires and helping eachother.Bhumans spend too much time sleeping.humans should be much more productive in their waking hours.Dhumans spend too much time preoccupied by other people's problems. What is the BEST example of a concluding statement?Imagine yourself in a dark room...OThe key thing you have to know is ...OToday we learned about...OI started taking ballet lessons when I was just three years old. a project manager is using the payback method to make the final decision on which project to undertake. the company has a 10% required rate of return and expects a 4% rate of inflation for the following five years. what is the discounted payback of a project that has cash flows as shown in the table? "twice as old as y decreased by 10