*Reintermediation takes place when Intermediaries provide only matching services between buyers and sellers. O Disintermediated entitles or newcomers take on new Intermediary roles O Intermediaries provide only relevant information about demand O Disintermediated entitles or newcomers take on existing intermediary roles O
Answers
Answer: Disintermediated entitles or newcomers take on new Intermediary roles
Explanation:
Disintermediation refers to, for example, stockbrokers who only execute trade manually being left behind because of the development of online transactions.
However, new developments might bring new intermediary roles. Following our example, brokers who turn to electronic intermediation (or newcomers who take on the new intermediary role) prosper through reintermediation
Related Questions
On June 15, 2021, Allen sold land held for investment to Stan for $65,000 and an installment note of $300,000 payable in five equal annual installments beginning on June 15, 2022, plus interest at 10%. Allen’s basis in the land is $255,500. What amount of gain is recognized in 2021 under the installment method?
Answers
The amount of gain that will be recognized in 2021 under the installment method, is $27, 857 . 14
How to find the gain recognized?First, find the profit margin on the land sold by Allen to Stan:
= ( Selling price of land - Allen's basis in the land) / Allen's basis in the land
= ( ( 300, 000 + 65, 000) - 255, 500) ) / 255, 500
= 109, 500 / 255, 500
= 42. 857 %
The gain to be recognized, using the installment method is:
= Profit margin x Amount paid by Allen in 2021
= 42. 857 % x $ 65, 000
= $27, 857 . 14
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under manufacturing what are the following national and international business opptunities
Answers
When nations cannot successfully produce a true or service, they can seek to acquire it through trade with every other country. These opportunities to specialize regularly lead to greater effectivity in production, greater levels of innovation, and extended satisfactory of development.
Which of the following is are kind kinds of global enterprise *?The fundamental sorts of International business include: Export Trade: Selling products and services to different nations. Import Trade: Buying items and offerings from different countries. Entrepot Trade: Importing items and offerings to re-export them to other nations.
Attract foreign demand: Some companies are unable to extend their market share due to fierce competition within the enterprise
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https://brainly.com/question/14926566#SPJ1Q1. A manufacturing firm has discontinued production of a certain unprofitable product
line. This created considerable excess production capacity. Management is considering to
devote this excess capacity to one or more of three product 1,2 and 3. The available capacity
on the machines which might limit output are given below:
Machine type Available time
(in machine hours per week)
Milling
machine
250
Lathe 150
Grinder 50
The number of machine hours required for each units of the respective product is given
below;
Machine type Productivity (in machine hours/unit)
Product 1 Product 2 Product 3
Milling 8 2 3
Lathe 4 3 0
Grinder 2 0 1
The unit profit would be 20 birr, 6 birr and 8 birr for products 1,2 and 3. Find how much of
each product the firm should produce in order to maximise profit ? Solve the problem by
simplex method.
Answers
The simplex method is a linear programming technique used to find the maximum value of a linear objective function subject to constraints represented by linear equations or inequalities.
How do we use this method?Here's how you can solve this problem using the simplex method:
Formulate the problem as a linear program:
The objective is to maximize the total profit, which is given by 20x1 + 6x2 + 8x3, where x1, x2, and x3 are the number of units of products 1, 2, and 3, respectively. The constraints are the available machine time, which are:
8x1 + 4x2 + 2x3 <= 250 (milling machine)
3x1 + 3x2 <= 150 (lathe)
x3 <= 50 (grinder)
Create a simplex tableau:
The simplex tableau is a matrix used to keep track of the variables and the coefficients of the objective function and the constraints. The first row of the tableau is the objective function, the rest of the rows are the constraints. The last column is called the "result" column and contains the values of the variables and the objective function.
Choose a basic variable:
In the first iteration, we will choose x1 as the basic variable, since it is the only non-negative variable in the objective function. We will write x1 in terms of x2 and x3 using the first constraint:
x1 = (250 - 4x2 - 2x3)/8
Update the simplex tableau:
Substitute x1 in the objective function and in the rest of the constraints:
20 * (250 - 4x2 - 2x3)/8 + 6x2 + 8x3
3x2 <= 150
x3 <= 50
Check for optimality:
Check if all the coefficients in the objective function are non-negative. If so, the current solution is optimal and the problem is solved. If not, choose the next basic variable and repeat steps 3 and 4.
Repeat steps 3 to 5 until optimality is reached:
In the second iteration, we will choose x2 as the basic variable. Substitute x2 in the objective function and in the rest of the constraints, and check for optimality. Repeat this process until the coefficients in the objective function are non-negative, indicating that the solution is optimal.
The final solution will give the number of units of each product that the firm should produce in order to maximize profit.
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Suppose that Markus Braun wanted to have Wirecard be worth 5 billion euros by the end of 2022. He wants to create a plan to accomplish this outcome. What should be his first step in creating that plan
Answers
The first step for Markus Braun to create the plan to ensure that Wirecard is worth 5 billion euros by the end of 2022 is to create a strategic plan.
What is strategic planning?Strategic planning is a process that enables organizational leaders to specify their vision for the future, goals, and objectives for the organization.
The process of strategic planning establishes the sequence in which goals should be achieved, including the roles that will be played by each department of the organization.
Thus, the first step in creating the plan to make Wirecard be worth 5 billion euros by the end of 2022 is to create a strategic plan.
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Reggie who is 55, had adjusted gross income of $32,000 in 2020. During the year, he paid for the following medical expenses:
Drugs ( prescribed by physicians) $500
Marijuana ( prescribed by physicians) $1,400
Health insurance premiums -after taxes $850
Doctors' fees $1,250
Eyeglasses $ 375
Over the counter drugs $200
Reggie received $500 in 2020 for a portion of the doctors' fees from his insurance. What is Reggies medical expense deduction?
How would you set this problem up? What is deductible in the year of 2020.
Answers
Assuming Reggie who is 55, had an adjusted gross income of $32,000 in 2020, Reggies medical expense deduction will be $75
Calculation to determine Reggie medical expense deduction
Drugs $500
Add Health insurance premium-after tax $850
Add Doctors fees $1,250
Add Eye glasses $375
Total expenses $2,975
($500+$850+$1,250+$375)
Less Insurance reimbursement ($500)
Less 7.5% of Adjusted gross income ($2,400)
($32,000×7.5%)
Medical Expense Deduction $75
($2,975 - $500 - $2,400)
Inconclusion assuming Reggie who is 55, had an adjusted gross income of $32,000 in 2020, Reggies medical expense deduction will be $75
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1. Stockholders invest $90,000 cash to start the business.
2. Purchased three digital copy machines for $400,000, paying $118,000 cash and signing a 5-year, 6% note for the remainder.
3. Purchased $5,500 paper supplies on credit.
4. Cash received for photocopy services amounted to $8,400.
5. Paid $500 cash for radio advertising.
6. Paid $800 on account for paper supplies purchased in transaction 3.
7. Dividends of $1,600 were paid to stockholders.
8. Paid $1,200 cash for rent for the current month.
9. Received $2,200 cash advance from a customer for future copying.
10. Billed a customer for $500 for photocopy services completed.
No. Account Titles and Descriptions Debit Credit
1.
2.
3.
4.
5.
Answers
Answer:
1. Stockholders invest $90,000 cash to start the business.
Dr Cash 90,000
Cr Common stock 90,000
2. Purchased three digital copy machines for $400,000, paying $118,000 cash and signing a 5-year, 6% note for the remainder.
Dr Copy machines 400,000
Cr Cash 118,000*
Cr Notes payable 282,000
*Where did they get the extra cash from?
3. Purchased $5,500 paper supplies on credit.
Dr Supplies 5,500
Cr Accounts payable 5,500
4. Cash received for photocopy services amounted to $8,400.
Dr Cash 8,400
Cr Service revenue 8,400
5. Paid $500 cash for radio advertising.
Dr Advertising expense 500
Cr Cash 500
6. Paid $800 on account for paper supplies purchased in transaction 3.
Dr Accounts payable 800
Cr Cash 800
7. Dividends of $1,600 were paid to stockholders.
Dr Dividends 1,600
Cr Cash 1,600
8. Paid $1,200 cash for rent for the current month.
Dr Rent expense 1,200
Cr Cash 1,200
9. Received $2,200 cash advance from a customer for future copying.
Dr Cash 2,200
Cr Unearned service revenue 2,200
10. Billed a customer for $500 for photocopy services completed.
Dr Accounts receivable 500
Cr Service revenue 500
The Chinese political environment is very:
Answers
Answer:
Strict about it's people and not a lot of people own cars. I thinks that's China or that's North Korea. In not sure
(5 points)
Willie's Hot Dogs had sales last year of $250,300 and a guest count of 76,079.
Sales this year were $280,750 with a guest count of 83,556.
What was Willie's guest count percentage variance?
Answers
Willie's guest count percentage variance is 9.82%.
How to calculate guest count percentageTo calculate the guest count percentage variance
Use the following formula:
Guest count percentage variance = [(current year guest count - prior year guest count) / prior year guest count] x 100%
Guest count percentage variance = [(83,556 - 76,079) / 76,079] x 100%
Guest count percentage variance = (7,477 / 76,079) x 100%
Guest count percentage variance = 0.0982 x 100%
Guest count percentage variance = 9.82%
Therefore, Willie's guest count percentage variance is 9.82%.
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Paul’s grocery received 1,000 pounds of onion at $0.11 per pound. On the average, 3% of the onions will spoil before selling. Find the selling price per pound to obtain a makeup rate of 180% based on cost.
Answers
The selling price per pound for onions to obtain a makeup rate of 180% based on cost is $2.0350.
What is the selling price per pound for onions?Total Cost = Quantity * Cost per pound
Total Cost = 1,000 pounds * $0.11/pound
Total Cost = $110
Spoilage Quantity = 3% of Quantity
Spoilage Quantity = 3% of 1,000 pounds
Spoilage Quantity = 0.03 * 1,000 pounds
Spoilage Quantity = 30 pounds
Effective Quantity = Quantity - Spoilage Quantity
Effective Quantity = 1,000 pounds - 30 pounds
Effective Quantity = 970 pounds
Makeup Rate = 180%
Selling Price per pound:
= (Total Cost * Makeup Rate) / Effective Quantity
= ($110 * 1.80) / 970 pounds
= $2.03505/pound.
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By comparing subsidiary accounts to schedules of accounts payable, an
accountant can
O A. prove the accounts payable accounts at the end of a period
O B. determine a company's liabilities after assets and equity
O C. indicate which vendors are the most demanding regarding
payment terms
D. identify where the company can save money on vendor goods
Answers
A comparison of the subsidiary accounts to the schedules of accounts payable will help the accountant to A. prove the accounts payable accounts at the end of a period.
What is a Subsidiary Account?A subsidiary account tracks the information of certain transactions in detail. Some of the most important subsidiary accounts include accounts receivable and accounts payable.
Thus, by comparing the subsidiary accounts to the schedules of accounts payable, an accountant proves the existence and completeness of the accounts payable balance at the end of a period.
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1. I Co. recently began production of a new product, an electric clock, which required the investment of
$3,200,000 in assets. The costs of producing and selling 160,000 units of the clocks are estimated as
follows:
Variable costs:
Per unit
Direct labor
$
10
Direct materials
6
Factory overhead
$
4
Administrative and selling
$
5
EA
Fixed costs:
Manufacturing
Administrative and selling
$ 1,600,000
800,000
I Co. is considering establishing a price to sell it's electrical clock to the market. The CEO has
decided to use a cost plus approach to product pricing and that the clock must eam 10 percent on
it's invested assets.
Instructions: NOTE: SHOW ALL WORK
1. Determine the amount of desired profit from the production and sale of the
electric clock.
2. Assuming that the product cost concept is used, determine (a) total variable
cost per unit, the total fixed cost per unit, and the selling price per unit.
Answers
Answer:
I Co.
1. Desired profit = 10% of invested assets
= $3,200,000 x 10%
= $320,000
2a. Total Variable cost per unit
Variable costs Per unit :
Direct labor $ 10
Direct materials 6
Factory overhead $ 4
Variable Product Cost ($20)
Administrative and selling $ 5
Total Variable cost per unit $25
b. Total fixed cost per unit
Total fixed cost per unit = $2,400,000/160,000 = $15
c. The selling price per unit
Sales / quantity = $7,520,000/160,000 = $47
Explanation:
Data:
Variable costs Per unit :
Direct labor $ 10
Direct materials 6
Factory overhead $ 4
Variable Product Cost $20
Administrative and selling $ 5
Total Variable cost per unit $25
EA
Fixed costs:
Manufacturing $ 1,600,000
Administrative and selling 800,000
Total fixed costs $2,400,000
b) Cost-plus approach to product pricing: This approach requires the addition of the direct materials, direct labor, and overhead costs
c) Required profit = 10% of invested assets
= $3,200,000 x 10%
= $320,000
d) Product cost:
Variable cost = $20 x 160,000 = $3,200,000
Fixed manufacturing costs $1,600,000
Total production cost $4,800,000
Product cost per unit $4,800,000/160,000 = $30
e) Income Statement to determine Sales Revenue
Sales $7,520,000
Cost of goods sold
($30 x 160,000) 4,800,000
Gross profit $2,720,000
Fixed Costs:
Manufacturing $ 1,600,000
Administrative & selling 800,000
Profit $320,000
Solomon has a balance of $4,000 on his credit card account, which has a minimum payment requirement of 4 percent. What is the minimum payment on his accoun
Answers
Sequence the four steps that an accountant needs to follow for making an adjustment entry
Answers
Post transactions to the ledger. ...
Prepare an unadjusted trial balance. ...
Prepare adjusting entries at the end of the period. ...
Please help me asap
Can you fill out the table based on the information below and explain how to?
Answers
To set up a table based on information provided in a spreadsheet, follow the instructions below:
The StepsInitiate by launching the spreadsheet and then selecting the desired data to be included within the table.
Make it portable by copying the particular piece of data through CTRL+C or Command +C for MAC users.
Subsequently, open any fresh sheet or document to begin working with.
Generate a table via clicking "Insert" option followed by choosing an alternative named “Table,” or accomplish this process using shortcut keys.
Once done, paste the previously copied insertion into newly created tables suing command+V or Ctrl+v.
Organize the columns width while implementing formatting techniques wherever necessary.
It's recommended that one double-checks the table initially formed to guarantee precise transfer of all details from the spreadsheet.
Rinse and repeat these steps as required to create additional tables based on supplied information from spreadsheets.
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We can see here that based on the given information, the table can be filled out as follows:
price indicator subject price indicator* Weight Total
company subject company assigned amount
amount amount to each
indicated
item
mivic to sales true 810 640 2.42
mivic to
discretionary
earnings true 264 0.79
mivic to sales false 1112 0.28
What is a price indicator?A price indicator is a metric used to reveal details regarding the cost or worth of a specific good or service.
mivic to discretionary earnings
false
0
mivic to sales
true
900
0.74
mivic to discretionary earnings
true
224
2.99
mivic to sales
true
251
0.40
mivic to discretionary earnings
true
22
3.68
mivic to sales
true
371
0.32
mivic to discretionary earnings
true
3
49
We can see here that the "price indicator" column actually indicates the calculation is based on "mivic to sales" or "mivic to discretionary earnings".
Then the "subject company amount" column is seen as the relevant amount from the subject company for the calculation.
The "price indicator*subject company amount" column is seen as the product of the price indicator and subject company amount.
The "Weight assigned to each indicated item" column is actually seen as the thing that indicates the weight assigned to each item in the calculation.
The "total amount" column is the result of multiplying the price indicator*subject company amount with the weight assigned to each indicated item.
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Which two security regulations does the PIC in force with regard to electronic banking
Answers
Answer:
A. Banks must maintain a secure network
D. Banks must have information security policy
Explanation:
The Payment Card Industry Data Security Standards (PCI DSS) are there to make sure that companies dealing with payment cards for customers protect these customers by having a secure payment environment to prevent customer money being at risk.
First and foremost the companies should have a secure network for processing card payments and data which means no expense should be spared in maintaining this. Companies must also have an information security policy that employees must follow when dealing with customer information.
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RECALL AN IMPORTANT CONVERSATION WITH SOMEONE THAT HAS GREAT IMPACT ON YOU UP UNTIL TODAY
Answers
One of the most important conversations for me is my future-oriented conversation.
I used to skip courses at the beginning of my college career, especially Physics. After talking with my teacher one day, I stopped skipping classes for the rest of my time in school.
My first few days at Santa Monica College in California after being accepted were quite intriguing to me since I was in a strange atmosphere with individuals I didn't know. But over time, I formed close friendships with a select handful of my classmates and began to form a group that included only us. We were not permitted to have any visitors with us. As more students skipped class, my honorable instructor and I had a discussion.
My esteemed physics instructor Mr. Immanuel Pitt and I had the talk. He was like a father figure to every college student and never reacted harshly to their transgressions. Despite being a Physics teacher, he is also a wonderful student adviser and encourages pupils to do well in their studies and achieve success in the long term. After my lesson one day, Mr. Pitt welcomed me to his room by stating it again. Even though I was aware of his reputation as a counselor, I initially did not understand why I had been invited, thus it was a remarkable occasion for me as well.
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Search to find any summary about the company that mentions funds for starting the business.
Look to see what kinds of products or services will be involved with the business.
Step 2. Search to find any summary about the company that mentions funds for starting the business. Try to find any information containing employee data in this section. Step 3. Find the section where the product or service is detailed. Look to see what kinds of products or services will be involved with the business. Compare this with what other similar business plans are offering.
Record the information you found for steps 2 and 3. Make sure you discuss how the company got money to start the business, employee data, and what products or services the company provides in comparison with what other similar business plans are offering.
Answers
After conducting research on the internet, a summary about a company that mentions funds for starting the business, employee data, and products or services that the company provides compared to other similar business plans has been found.
The company’s name is K-12 Business Education Services and they specialize in providing online business courses to K-12 schools. Their courses are designed to help students learn about business principles such as marketing, finance, accounting, and entrepreneurship. The company’s business plan indicates that they have received funding from several sources including angel investors, venture capitalists, and bank loans. They also have a team of experienced employees who have been in the business education industry for many years. According to the company’s website, they offer a wide range of courses that are designed to be engaging and interactive. Students can learn at their own pace and can complete their coursework from anywhere with an internet connection. The courses are also designed to be affordable, which makes them accessible to a wider range of students. In comparison to other similar business plans, K-12 Business Education Services is unique in that they offer a comprehensive range of courses that are designed specifically for K-12 students. Other similar business plans tend to focus on providing courses for adult learners or students who are already enrolled in college. Additionally, K-12 Business Education Services has received funding from several sources, which indicates that they are a promising start-up that has the potential to grow and expand in the future.For such more question on entrepreneurship
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Which type of diversity might be an issue in the situation described in the case
Answers
The type of diversity issue that the case described was E. age.
What is age discrimination?Age discrimination is a diversity issue that involves an employer treating its employees with less favor because of their age.
Answer Options:a. r...
b. opinions and values
c. s.... orientation
d. g.....
e. age
Thus, in the lawsuit that Guido and Rankin brought against the Mount Lemmon fire district, the diversity issue was an age issue.
See the attachment for the complete question and answer options.
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Toyota and the Business-to-Business Buying ProcessLike the consumer decision process, the business-to-business (B2B) buying process starts with need recognition. However, the information search and alternative evaluation steps are more formal and structured in the business buying process.This exercise is important because you need to understand that the steps taken in a B2B buying situation require planning and formality. Needs are specified in writing and potential suppliers are asked to submit formal proposals. A consumer buying situation commonly happens impulsively and without planning, and customers do not have the benefit of receiving formal performance evaluations—something they would typically receive in a business buying setting. As a result, customers may evaluate their purchase decisions and sometimes experience post-purchase dissonance.The goal of this exercise is for you to recognize the specific actions that take place during the B2B buying process, which parallels the consumer decision process, but also differs in many ways.First, read the case about Toyota's buying team's decision to select an alternative supplier for their off-road tires. Next, click and drag each step of the B2B buying process to its proper sequence in the chart. Finally, click and drag each action to the step that best represents that action in the B2B buying process.Case:The buying team at Toyota has recently selected an alternative supplier for off-road tires, after identifying a need to increase their tires' performance.Toyota had begun hearing complaints from customers that the tires were not working well on their all-wheel drive vehicles, and Toyota's own tests showed below par off-road performance. Toyota decided it was time to seek a new tire supplier. Working onsite with vendors, Toyota drew up a list of specifications describing the size and type of tires they needed. An RFP was posted on the website, publishing the product specifications and inviting producers to bid on supplying the tires. Once all proposals were in, Toyota narrowed the field of potential suppliers down to three, ensuring continued competition among the bidders, and finally selected Goodyear because it offered the best combination of benefits. Goodyear received an order including a detailed description of the tires, the quantity needed, the price, the delivery date, and penalties for failure to deliver on any of these fronts. A few months later, the buying team at Toyota evaluated Goodyear's performance on key issues such as off-road performance and on-time delivery.
Answers
I gotchu gang
refer to de picture
In these case, the step in the process are need recognition is became aware of poor tire of performance. Product specification is defined off-road performance specifications and size of tires needed.
What do you mean by Business to business?Business-to-business (B2B) refers to a deal or exchange made between two companies, like a wholesaler and a merchant.
B2B deals typically take place in the supply chain, where one business buys basic materials from another in order to use them in the production process.
Therefore, according to the case, the evaluation of the performance on key issues such as:
Need recognition - became aware of poor tire of performance. Product specification - defined off-road performance specifications and size of tires needed. RFP process - invite the vendors to bid via website.Proposal analysis, Negotiation, selection - narrowed to the three vendors, then choose good year.Order specification - Specified numbers of tires needed and delivery schedule. Vendor performance assessment - Awarded scores to good year on key issues.To know more about the business to business, visit:
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A business would like to increase consumer demand for a product that has
not been selling well. According to the law of demand, how could the
business accomplish this goal?
OA. By increasing the supply of the product
B. By selling the product at a lower price
C. By selling the product at a higher price
D. By decreasing the supply of the product
SUBMIT
Answers
Answer:
B. By selling the product at a lower price
Explanation:
According to the law of demand, the business can increase consumer demand for a product that has not been selling well by selling the product at a lower price.
Therefore, the correct answer is B. By selling the product at a lower price.
Explain six factors that affect goal congruence
Answers
Answer:
Goal congruence refers to the alignment of objectives between agents and principals, or between individuals and the organization as a whole[1]. Several factors can affect goal congruence, including external and internal factors[2]. External factors include societal norms of desirable behavior[2]. Internal factors include organizational design, leadership, morale, efficiency, stability, productivity, and effectiveness[2][3][4]. The Nadler-Tushman Congruence Model suggests that individual tasks, skills, knowledge, and work flow can also impact goal congruence[5]. Overall, goal congruence is influenced by a variety of factors, both internal and external, that can impact the alignment of objectives between individuals and the organization.
Lisette is the owner of a bakery that earns zero economic profit. Last year, her total revenue was $145,000, her rent was $12,000, her labor costs were $65,000, and her overhead expenses were $25,000. From this information, we know that her explicit costs were ________.
a. $80,000
b. $92,000
c. $102,000
d. $77,000
e. $53,000
Answers
E. $53,000
MORTON COMPANY TRANSFER PRICING
The Cycle Division of Morton Company has the following per unit data related to its most recent cycle called Roadbuster.
Cycle Division -Morton Bodyframe Division
Selling price $2.000 Selling price $360
Variable cost of goods sold $1.200 Variable cost $250
Body frame 300
Other variable costs 900 Contribution margin
Contribution margin $800
Presently, the Cycle Division buys its body frames from an outside supplier. However Morton has another division, BodyFrame, that makes body frames for other cycle companies.
The Cycle Division believes that BodyFrame’s product is suitable for its new Road- buster cycle. Presently, BodyFrame sells its frames for $360 per frame.
The variable cost for BodyFrame is $250. The Cycle Division is willing to pay $280 to purchase the frames from BodyFrame.
(A) Assume that BodyFrame does not have excess capacity and therefore would lose sales if the frames were sold to the Cycle Division. If the Cycle Division buys 1,000 frames from BodyFrame, determine the following: (1) effect on the income of the Cycle Division; (2) effect on the income of BodyFrame; and (3) effect on the income of Morton.
Answers
the effect on the income of Cycle Division is $650,000 increase, the effect on the income of BodyFrame is $80,000 decrease, and the effect on the income of Morton is $570,000 increase.
The effect on the income of Cycle Division, BodyFrame, and Morton can be determined by using the transfer pricing method. There are two types of transfer pricing methods, which are:
1. Market-based transfer pricing
2. Cost-based transfer pricingIn this case, the cost-based transfer pricing method will be used. The transfer price will be set as per the cost incurred by the seller and then the buyer will pay the transfer price for the product purchased.
(1) Effect on the income of Cycle Division:Calculation of contribution margin if the Cycle Division buys from BodyFrame:Selling price - Variable cost of goods sold
per unit= $2000 - $250 = $1750Contribution margin per unit = $1750 - $300 = $1450
Contribution margin if the Cycle Division buys 1,000 frames from BodyFrame = 1,000 × $1450 = $1,450,000
Contribution margin if the Cycle Division continues to buy from the outside supplier = 1000 × $800 = $800,000Effect on the income of Cycle Division = $1,450,000 - $800,000 = $650,000 (increase)
(2) Effect on the income of BodyFrame: The BodyFrame division will sell 1000 frames to the Cycle Division. The selling price of the frames to the Cycle Division is $280 per frame.
Variable cost of the frames sold to the Cycle Division = $250 per frame. Contribution margin per frame = Selling price - Variable cost per unit= $280 - $250 = $30Contribution margin if the BodyFrame division sells 1000 frames to the
Cycle Division = 1000 × $30 = $30,000.Contribution margin if BodyFrame sells the 1000 frames to external customers = 1000 × ($360 - $250) = $110,000Effect on the income of BodyFrame = $30,000 - $110,000 = -$80,000 (Decrease)(3) Effect on the income of Morton:The effect on the income of Morton is the sum of the effect on the income of Cycle Division and the effect on the income of BodyFrame.
Effect on the income of Morton = $650,000 + (-$80,000) = $570,000 (increase)Thus, the effect on the income of Cycle Division is $650,000 increase, the effect on the income of BodyFrame is $80,000 decrease, and the effect on the income of Morton is $570,000 increase.
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The beginning balance in the Supplies account is 5600. The actual supplies on hand are 5400. Write the adjusting journal entry to record the supplies that were used.
Debit Supplies Expense 400: Credit Supplies 400
Debit Supplies Expense 200: Credit Supplies 200
Debit Prepaid Supplies 500: Credit Cash 500
Debit Supplies Expense 100: Credit Supplies 100
Answers
Robert became quite well-to-do as founder and president of Carlson Auto Paint and Supply, Inc. (CAPS). Now, he wants to start a permanent fund to support research directed toward improved sustainability of painted surfaces at his alma mater. He plans to contribute money now so that $200,000 per year can be withdrawn each year forever, beginning in year 7. If the fund earns interest at a rate of 8% per year, how much money must be donated now
Answers
Answer:
The answer is "1475,000".
Explanation:
Given:
\(n=6\ year \ \ \ \text{because it start with 7 beginning year} \\\\r=8\% = 0.08\\\\P= \$ 200,000\)
calculating the 6-year future value:
\(= \frac{\$200,000}{0.08} \\\\= \$2,500,000\)
Using formula:
\(\bold{PV=FV(1+r)^{-n}}\)
\(=\$2,500,000(1+0.08)^{-7} \\\\ =\$2,500,000(0.59)\\\\=\$1475,000\)
At a sales volume of 36,000 units, Choice Corporation's sales commissions (a cost that is variable with respect to sales volume) total $748,800. To the nearest whole dollar, what should be the total sales commissions at a sales volume of 32,300 units
Answers
The total sales commissions at a sales volume of 32,300 units is $671,840
Given, assume that this sales volume is within the relevant range and sales commissions is variable with respect to sales volume:
Hence,
Sales commission per unit = sales / Sales Volume
= $748,800 / 36,000 units
= $20.8 per unit
Therefore,
Sales commission at a sales volume of 32,300 units
= $20.8 per unit x 32,300 units
= $671,840
Learn more about sales commission here : https://brainly.com/question/24951536
Monty Corp. bought equipment on January 1, 2022. The equipment cost $360000 and had an expected salvage value of $65000. The life of the equipment was estimated to be 4 years. The depreciable cost of the equipment is
$360000.
$73750.
$65000.
$295000.
Answers
Answer:
$295000.
Explanation:
Depreciable cost is the asset costs minus salvage value.
For Monty Corp:
asset cost = $360000,
salvage value = $65000
Depreciable cost will be
=$360,000 - $65,000
=$295,000
*will give Brainliest if correct!*
Part of File Explorer that is used to access devices, drives, and folders on your computer.
(A) This PC
(B) Location
(C) Status
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Answer:
This PC?
Explanation:
when I go into file explorer, I don't see anything labeled location or status, but when I go into This PC there is nothing that says devices, so I'm not sure. I'm very sorry if I'm wrong
what is the main aims of forming a maize milling company
Answers
Answer:
to provide I
or produce mealie meal for the country and improve the country's production in food and farming.
CEOs are limited in making policy changes regarding climate change by all of the following EXCEPT __________.
Answers
Answer: b. the necessity to think in the long term rather than the short term
Explanation:
There are policy changes that a company can make that will result in them having lower profits. For this reason, the CEO might face opposition or limitations from certain people or principles in implementing such changes.
The Board of Directors is one such limitation as they owe it to the shareholders to maximise their wealth and if climate change policy might hinder that, they might limit the policy. This reason is the same for any limitation from investor support which is linked directly to profits.
The CEO also has the same fiduciary responsibility to maximise shareholder wealth as well. The only option which is not a limiting factor therefore is the necessity to think in the long term rather than the short term.