1) Based on the data given, Kretovich Company's estimated revenue or sales at year-end is $2,780,000.
2) The speed at which Kretovich Company accrues cash flows if it pays its suppliers every 30 days is 61.5 days, which is given by the cash conversion cycle.
What is the cash conversion cycle?The cash conversion cycle represents the days that it takes for a company to convert its investments in inventory and other resources into cash flows from sales.
The cash conversion cycle can be computed with the following formula:
Cash Conversion Cycle = DIO + DSO – DPO
Where:
DIO = Days Inventory Outstanding
DSO = Days Sales Outstanding
DPO = Days Payable Outstanding
Data and Calculations:Quick ratio = 1.4
Current ratio = 3.0
DSO = 36.5 days on a 365-day year.
Current assets = $800,000
Cash and marketable securities = $100,000
Using the current ratio of 3.0, the current liabilties = $270,000 ($800,000/3.0)
Current assets other than inventory = $378,000 ($370,000 x 1.4)
Inventory = $422,000 ($800,000 - $378,000)
Accounts receivable = $278,000 ($800,000 - $422,000 - $100,000)
Sales revenue = $2,780,000 ($278,000 x 365/36.5)
DIO = average (or ending) inventory balance by COGS and multiplying by 365 days.
Here, we shall use the sales figure in place of the cost of goods sold as follows:
DIO = $422,000/$2,780,000 x 365
= 55 days
Cash conversion cycle (or DIO + DSO – DPO).
= 61.5 days (55 + 36.5 - 30)
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Assume there are six companies in a certain industry. Four companies have $10 sales apiece, while two companies have $5 sales each. What is the industry's four-firm concentration ratio?
Answer:
An industry consists of six firms with annual sales of $300, $500, $400, $700, $600, and $600, respectively. a. What is the industry's four firm concentration ratio? b. What is the industry's Herfindahl-Hirschman index? c. Is this industry highly concentrated? Explain.
Explanation:
A large cable company is the only provider of cable TV and Internet for a small community. As a result, consumers in the community who want either of these services must purchase from this company.
In which of the following economic markets is the cable company operating?
Due to the fact that the firm is the only one that is operating in the community, the economic markets operated here is monopolistic.
What is a monopolistic market?
This is a type of market that has only one company that is in charge of offering products or services to the public.
The market here is a cable tv and internet company that provides services to the community.
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A service fee charged by the bank would fall under which account?
O A. cash
O B. expense
C. revenue
D. receivable
SUOME
Answer:
B. expense
Explanation:
This is an administrative expense which reports the fees incurred by a company for the expenses associated with its checking account transactions.
The straight-line depreciation method and the double-declining-balance depreciation method: A. Produce the same depreciation expense each year. B. Are the only acceptable methods of depreciation for financial reporting. C. Are acceptable for tax purposes only. D. Produce the same total depreciation over an asset's useful life. E. Produce the same carrying amount or book valueeach year.
The relationship between the straight-line and double-declining-balance method is that they D. Produce the same total depreciation over an asset's useful life.
How are the straight-line and double-declining-balance methods related?While they do not produce the same depreciation every year, they will eventually depreciate an asset in the same way overtime.
What this means is that both methods will depreciate an asset by the same amount at the end of the asset's life. However, the depreciation amounts will vary by method on an annual basis.
In conclusion, option D is correct.
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2. Review EOH 2021 Integrated Report and explain in a few words if the strategy has been implemented and is working or not.
The EOH 2021 Integrated Report covers the area of EOH policies and programme in the area of social and economic development, and others.
What was the reporting of EOH 2021 about?The reporting of EOH 2021 was one that focused on:
SustainabilityDiversity and inclusion, Ethical culture Employee wellnessIn the workings of the business, the report stated that the company make sure that employees were assisted in one way or the other.
Conclusively, EOH was said to have complied with the key environmental, social and governance rules and regulations that is required for reporting as they were guided by Global Reporting Initiatives (‘GRI’) Standards.
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#SBJ1
the african economic community (AEC) is an organization of african union states establishing a single market, a central bank and common currency. what type of arrangement does this BEST represent
Explanation:
The aim of the AEC is to promote economic, social and cultural development as well as African economic integration in order to increase self-sufficiency and endogenous development and to create a framework for development, mobilisation of human resources and material.
Based on the values of Zara, what values has Zara created for customers?
Explanation:
. Soupe à l’oignon
This is a traditional French soup made of onions and beef stock, usually served with croutons and melted cheese on top. Dating back to Roman times, this was traditionally a peasant dish although the current version dates from the 18th century. The soup’s unique flavor comes from the caramelization of the onions, which often have brandy or sherry added during the slow-cooking process. If you’re in a soup mood, why not try Marseille’s traditional soupe de poisson à la rouille. Once a fisherman’s favorite, this soup is characterized by a dollop of garlic and saffron mayonnaise placed on top.
French onion soup
Make your own
Choose a classic French onion soup recipe
Use a slow cooker
Try an authentic French-language recipe
2. Coq au vin
This quintessential French food was popularized by Julia Child, becoming one of her signature dishes. The dish sees chicken braised with wine, mushrooms, salty pork or bacon (lardons), mushrooms, onions, garlic and sometimes even a drop of brandy. Although the name translates as ‘rooster in wine’ – the braising is ideal for tougher birds – the recipe usually uses chicken or capon. The wine is typically Burgundy, although regional variations of the dish exist across France that use local wines. These include coq au vin jaune (Jura), coq au Riesling (Alsace), and coq au pourpre (Beaujolais nouveau). Believe it or not, there’s even a coq au Champagne (Champagne).
2. Should the U.S. government support U.S. tobacco company interest abroad if they are using harmful tactics
When a tactics is harmful causing various harms to human health or posing threat it should not be supported.
What are Harmful tactics?They are some actions that are taken a particular time to achieve a particular goal and objective which is short time.
This actions are harmful and the results are usually detrimental.
Therefore, U.S. government should not support U.S. tobacco company interest abroad if they are using harmful tactics.
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In the context of exporter and buyer relationships, the value of sales is high but business impact is low in which of the following relationship types?
The transactional relationship exist where value of sales is high but business impact is low since emphasis are on pure transaction rather than any other matters.
What is a business relationship?This means the connections that exist between the the people that engage in commerce transactions such as from:
buyer to sellerbuyer to exportersupplier to buyer.importer to buyer etc.The main types of relationships that exist in the business are transactional, functional, affiliative and strategic relationships.
Therefore, the transactional relationship is the answer.
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On January 1, 2017, Swen paid $184,000 for $200,000 of the 8%, 20-year bonds of Penn Corporation, issued on January 1, 2013, at par. The bonds are held as an investment. Determine the gain and the character of the gain if the bonds are sold on January 1, 2019, for a. $191,000 b. $185,750 C. $183,000
The determination of the gain and the character of the gain if the Penn Corporation bonds are sold by Swen on January 1, 2019, for the proceeds of each sale is as follows:
(a) (b) (c)
Sales proceeds $191,000 $185,750 $183,000
Carrying value $185,600 $185,600 $185,600
Capital gain (loss) $5,400 $150 ($2,600)
What is the carrying value of bonds?The carrying value of a bond is the net amount between the bond's face value plus (minus) any unamortized premiums or discounts.
The carrying value is the book value of the bond.
When a bond receivable is sold, capital gain or loss is realized from the sale, which gives rise to capital gain tax.
Data and Calculations:Bond's price = $184,000
Face value of bonds receivable = $200,000
Premium received = $16,000 ($200,000 - $184,000)
Interest rate = 8%
Maturity period = 20 years
Payment date = January 1, 2017
Straight-line amortization of premium = $800 ($16,000/20)
Carrying value after two years, January 1, 2019, = $185,600 ($184,000 + $1,600)
(a) (b) (c)
Sales proceeds $191,000 $185,750 $183,000
Carrying value $185,600 $185,600 $185,600
Capital gain (loss) $5,400 $150 ($2,600)
Carrying value:
Face value $200,000
Unamortized premium $14,400 ($16,000 - $1,600)
Carrying value $185,600
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If a firm had sales of $60,000 during a period and sales returns and allowances of $9,000, its net sales were:
Answer:
51,000
Explanation:
Cirice Corp. is considering opening a branch in another state. The operating cash flow will be $165,300 a year. The project will require new equipment costing $583,000 that would be depreciated on a straight-line basis to zero over the 6-year life of the project. The equipment will have a market value of$171,000 at the end of the project. The project requires an initial investment of $39,500 in net working capital, which will be recovered at the end of the project. The tax rate is 40 percent. What is the project's IRR?
Based on the cashflow from the investment per year, the initial investment, and the working capital, the project's IRR will be 18.48%.
What is the project IRR?First find the After-tax salvage value:
= 171,000 x ( 1 - 40%)
= $102,600
Year 1 cashflow:
= -583,000 - 39,500 working capital
= -$622,500
Year 6 cashflow:
= Working capital + Project cashflow + After-tax salvage value
= 39,500 + 165,300 + 102,600
= $307,400
Using a Spreadsheet, the IRR is:
= 18.48%.
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The purchase of which of the following gives the buyer part ownership of a company?
A
stock
B
bond
C
futures contract
D
treasury bill
Answer:
A -- Stock
Explanation:
Say an investor buys stock they are buying a percentage of ownership in that company.
Hope this helps! Please let me know if you need more help or think my answer is incorrect. Brainliest would be MUCH appreciated. Have a wonderful day!
[tex]\qquad\qquad\huge\underline{{\sf Answer}}♨[/tex]
The Correct choice is A. Stock
In business, many companies divides its net worth into stocks, and people who owns the stocks get part ownership of that company
Cert 4 real estate if an agent (A)_ that (B)_ or creates an (C)_ when there is (D) _ , they expose themselves to (E) _
The cert 4 is an illustration of real estate practices
The statements that complete the blanks are: A = provides; B = information; C = impression; D = no reasonable foundation; E = misrepresentation
What is the cert 4?The cert IV or cert 4 is a certificate that given an individual the licence to apply for the class 2 real estate agent practice, and it also helps the individual to perform real estate practices successfully.
How to complete the blanks?Under the business management law of real estate practices, we have the following estate practice law:
"If an agent provides information or creates an impression when there is no reasonable foundation, then they expose themselves to misrepresentation."
Using the above as a guide, the statements that complete the blanks are:
A = provides; B = information; C = impression; D = no reasonable foundation; E = misrepresentation
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Carolina is the vice president of the environmental club at her high school. She is in charge of e-mailing members about upcoming events, answering questions from new members about enrollment, and explaining club guidelines to club members. As a part of her position, Carolina employs a lot of _______________ communication.
Answer:
Downward communication
Explanation:
She is a higher up in the club, and conveys information to the rest of the club members, who don't have as much of an important position. Her job is to move information given to her to the rest of the members.
why is it difficult for firm to sustain competitive advantage?
Answer:There are four basic reasons why maintaining a competitive edge has become so difficult: lack of differentiation. well informed buyers in the marketplace. the rise of different types of competition.
Explanation:
ur welcome
Stein Co. issued 15-year bonds two years ago at a coupon rate of 5.4 percent. The bonds make semiannual payments. If these bonds currently sell for 94 percent of par value, what is the annual YTM
The annual YTM will be 3.07% if the bonds make semiannual payments and sell for 94 percent of par value.
Given data
Coupon rate (CR) = 5.4%
Current price (B0) = 94%
Assuming maturity value (MV) = 100%
Years to maturity (n) = 15.
What is the Annual YTM?YTM = CR + ((MV − B0)/n) / ((MV + B0)/2)
YTM = 5.4% + (100% - 94%)/15) / (100% + 94%)/2)
YTM = 0.054 + (-0.03866666666) / 0.97
YTM = 0.01533333334 / 0.97
YTM = 0.015333 * 2
YTM = 0.030666
YTM = 3.07%
In conclusion, the annual YTM will be 3.07% if the bonds make semiannual payments and sell for 94 percent of par value.
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Other revenues and gains $171,410 Other expenses and losses $126,060 Income from operations 186,073 Income before income tax?
Answer:
if you multiply it you can get ans
Sophie's dorm room was hot since she did not have air conditioning. She decided to buy a new fan.
What type of consumer behavior influence below does this scenario describe?
Answer:
The type of consumer behavior this scenario describes is psychological consumer behavior.
Causes that may lead have led to the business closure
Answer:
Common Reasons Why Businesses Fail
Starting With Too Much Debt.
No Business Plan.
Mismanaged Cash Flow.
Ineffective Leadership.
Failure to Adapt.
Explanation:
Hope this helps
Answer:
hope this helps pls give brainliest
As more and more firms around the world tighten their corporate governance mechanisms by setting up boards of directors made up of insiders, outsiders, and related outsiders, what will be the most likely effect on these firms' ethical standards and behavior
The most likely effect is that it will most likely deter unethical behavior among top-level managers.
What is Ethics?This refers to the moral principles that guide an individual's behavior and conduct of activity.
Hence, we can see that based on the creation of a board of directions that tightens up corporate governance mechanisms, there would be stronger boundaries that will deter unethical behavior among top-level managers.
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The Crash Davis Driving School has an ROE of 14.5 percent and a payout ratio of 44 percent. What is its sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Assuming the Crash Davis Driving School has an ROE of 14.5 percent and a payout ratio of 44 percent. Its sustainable growth rate is:8.84%.
First step
b=1-payout ratio
b = 1 - .44
b = .56
Second step
Sustainable growth rate = [(ROE)(b)] / [1 - (ROE)(b)]
Sustainable growth rate = [.145(.56)] / [1 - .145(.56)]
Sustainable growth rate=0.0812/(1-0.0812)
Sustainable growth rate=0.0812/0.9188
Sustainable growth rate=0.0884×100
Sustainable growth rate=8.84%
Inconclusion Its sustainable growth rate is:8.84%.
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3. During Michael Jordan's NBA career (
percentage of 83.5% in regular seas
career, how many completed free thro
redictions: On
Accessibility: Investigate
OBI
During Michael Jordan's NBA career (1984–2003), he averaged a free throw completion percentage of 83.5% in regular season play. If Jordan threw 8,772 free throws in his career, how many completed free throws did he make?
Answer:
7324
Explanation:
We need to find the number of completed free throws out of total free throws
Since he completed 83.5% of them, you find 83.5% of 8772
83.5% can be rewritten as 0.835
[tex]8772 \times 0.835 = 7324.62[/tex]
We don't round up because it isn't 1 complete free throw. 0.62 is not 1 complete free throw so round down
Answer the following question using this order book: Order Book Example Buy Orders (Bids) Sell Orders (Asks) Amount Price Amount Price 63 $42.15 3 $42.16 36 $42.12 68 $42.22 112 $41.99 113 $42.25 3 $41.88 9 $42.44 What is the spread for this security after an investor submits a sell order for 185 shares at $41.87
The spread for this security after an investor submits a sell order for 185 shares at $41.87 is c.) $0.38.
What is the spread?The spread is the gap or difference between the bid and the ask prices of a security or asset, like a stock, bond, or commodity
The spread is commonly known as a bid-ask spread. This implies that while the investor is bidding to sell the security at $41.87, it could be sold for $42.25, giving a difference (spread) of $0.38 per share.
Data and Calculations:Buy Orders (Bids) Sell Orders (Asks)
Amount Price Amount Price
63 $42.15 3 $42.16
36 $42.12 68 $42.22
112 $41.99 113 $42.25
3 $41.88 9 $42.44
Spread at a ask price of $42.25 = $0.38 ($42.25 - $41.87)
Answer Options:a.) 0.01
b.) 0.29
c.) 0.38
d.) 0.17
Thus, the spread for this security after an investor submits a sell order for 185 shares at $41.87 is c.) $0.38.
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With a savings and investment program designed for retirement, you can _?_. Choose all that apply. (personal finance class)
prepare for those emergency expenditures
primarily help your friends and family in time of need
ensure that you will be better prepared for your retirement years
none of the above
The savings and investment program that is designed for retirement can be used to:
prepare for those emergency expenditures primarily help your friends and family in time of need.ensure that you will be better prepared for your retirement years.What is an investment?It should be noted that an investment simply means the dedication of asset in order to attain an increase in value for a period of time.
In this case, the investment van be used to prepare for those emergency expenditures, primarily help your friends and family in time of need and ensure that you will be better prepared for your retirement years.
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health insurance is designed to cover
What is collaborative business relationship
Answer:
developing long lasting, trusting relationships with your business partners by taking a strategic collaborative approach, so that you are able to jointly create new and sustainable value.
Explanation:
THATS IS MY ANSWER
Division ABC has $750,000 in average assets and $200,000 in income. Division XYZ has $800,000 in average assets and $210,000 in income. The company's target rate is 10%. Which division has the highest residual income
If Division XYZ has $800,000 in average assets and $210,000 in income. The division that has the highest residual income is: Division XYZ.
Residual income
Calculation for ABC Residual income
Residual income=$200,000-(0.10×$750,000)
Residual income=$200,000-$75,000
Residual income=$125,000
Calculation for XYZ Residual income
Residual income=$210,000 -(0.10×$80,000)
Residual income=$210,000-$80,000
Residual income=$130,000
Inconclusion the division that has the highest residual income is:Division XYZ.
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Which of the following is not a barrier to entry in a monopolized market
The answer choice which is not a barrier to entry in a monopolized market is; Choice A; A single large firm.
What is a monopolized market?A monopolized market is a theoretical scenario that Characterises a market where only one company may offer products and services to the public. A monopolistic market is the direct opposite of a perfectly competitive market, in which an infinite number of firms operate.
On this note, the choice which is not a barrier to entry in such market is; A large single firm.
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who is me are you ok.
Answer:
I am ok, and you are a human being. Or are you...?
