In the context of the decision-making model drawn heavily from the thoughts of Joseph L. Badaracco Jr., identify the correct statement regarding the question, "Which course of action is feasible?" Select one: a. This question borrows from both the modern rights theories and justice theory and it identifies which particular rights are at stake. b. This question is teleological in nature in that it focuses on the morality of the consequences of the decision. c. This question recognizes that ethics and morality must be practical. d. This question draws from the decision maker's personal philosophy as well as the commitments he or she owes to the corporation and its shareholders.

Answers

Answer 1

Answer:

d. This question draws from the decision maker's personal philosophy as well as the commitments he or she owes to the corporation and its shareholders.

Explanation:

This is likely the answer to the question about the decision making model which was drawn or dependent heavily on the thoughts of Joseph L. Badaracco Jr.


Related Questions

How are consumer demand and business-to-business demand of goods and services related?

Answers

Answer:

A small increase or decrease in consumer demand can produce a much larger change in demand for the goods and services (raw materials, supplies and services, installations, accessory equipments) needed to make the consumer product.

Explanation:

The business-to-business demand of goods and services related tends to be more unstable than the consumer demand of goods and services. A small increase or decrease in consumer demand can produce a much larger change in demand for the goods and services (raw materials, supplies and services, installations, accessory equipments) needed to make the consumer product.

Which financial tool is most important when planning for your future financial goals?
A.Enrolling in a checking account
B.Creating a budget
C.Mortgaging a house
D.Taking on extra debt

Answers

Correct answer is B!

OCD exchanged old realty for new like-kind realty. OCD’s adjusted basis in the old realty was $31,700 ($60,000 initial cost − $28,300 accumulated depreciation), and its FMV was $48,000. Because the new realty was worth only $45,000, OCD received $3,000 cash in addition to the new realty. a-1. Compute OCD's realized gain. a-2. Determine the amount and character of any recognized gain. b. Compute OCD’s basis in its new realty.

Answers

Answer:

A. $16,300 gain

B. $31,700

Explanation:

A. Computation of OCD's realized gain.

Using this formula

OCD's realized gain=Amount realized-Basis in old realty

Let plug in the formula

OCD's realized gain=$48,000-$31,700

OCD's realized gain=$16,300 gain

Therefore OCD's realized gain is $16,300 gain

B. Based on the information given we were told that the adjusted basis in the old realty was the amount of $31,700 which means that OCD’s basis in its new realty will be $31,700

Match the strategies to ensure effective service through intermediaries to the scenarios.

OPTIONS
control strategy
empowerment strategy
partnering strategy

------------------------------
Jason has just launched a company. He has supplied
the intermediaries with research regarding his
company’s services.
arrowRight
Olivia is managing a company where the services have
to be sold by working together with the intermediaries.
arrowRight
Peter’s company has set many service standards for the
intermediaries. His company constantly measures these
standards and makes sure they are followed.
arrowRight

Answers

Answer:

Jason has just launched a company. He has supplied

the intermediaries with research regarding his

company’s services.-partnering strategy

arrowRight

Olivia is managing a company where the services have

to be sold by working together with the intermediaries.-empowerment strategy

arrowRight

Peter’s company has set many service standards for the

intermediaries. His company constantly measures these

standards and makes sure they are followed.-control strategy

arrowRight

I do not know if i am right or not but if right plz mark Brainliest! HOPE THIS HELPS <3

Explanation:

Razor Inc. manufactures industrial components. One of its products used as a subcomponent in auto manufacturing is Fluoro2211. The selling price and cost per unit data for 9,000 units of Fluoro2211 are as follows. Per Unit Data Selling Price $150 Direct Materials 20 Direct Labor 15 Variable Manufacturing Overhead 12 Fixed Manufacturing Overhead 30 Variable Selling 3 Fixed Selling and Administrative 10 Total Costs 90 Operating Margin $60 During the next year, sales of Fluoro2211 are expected to be 10,000 units. All costs will remain the same except for fixed manufacturing overhead, which will increase by 20%, and material, which will increase by 10%. The selling price per unit for next year will be $160. Based on these data, Razor Inc.'s total contribution margin for next year will be: Group of answer choices $882,000. $980,000. $972,000. $1,080,000.

Answers

Answer:

d. $1,080,000

Explanation:

Contribution per unit = Selling price per unit - Variable cost per unit

Contribution per unit = Selling price per unit - ( Direct Materials + Direct Labor + Variable Manufacturing Overhead + Variable Selling )

Contribution per unit = $160 - ($22 + $15+ $12 + $3)

Contribution per unit = $160 - $52

Contribution per unit = $108 per unit

Contribution margin for the next year = $108 per unit * 10,000

Contribution margin for the next year = $1,080,000

"You wrote a piece of software that does a better job of allowing computers to network than any other program designed for this purpose. A large networking company wants to incorporate your software into its systems and is offering to pay you $516,000 today, plus $516,000 at the end of each of the following six years, for permission to do this. If the appropriate interest rate is 6 percent, what is the present value of the cash flow stream that the company is offering you? (Round factor values to 4 decimal places, e.g. 1.5215 and final answer to 2 decimal places, e.g. 15.25.)"

Answers

Answer: $‭‭3,053,326.8‬0

Explanation:

Constant payments are annuities so the $516,000 annual payment is one.

Seeing as you will get a payment of $516,000 today, that is the present value of that first payment. The total present value therefore will be that first $516,000 plus the present value of the annuity discounted at 6% for 6 years.

Present value of Annuity = Annuity * Present value interest factor for 6%, 6 years.

= 516,000 * 4.9173

= $‭2,537,326.8‬0

Present Value of cashflow;

= 516,000 + ‭2,537,326.8‬0

= $‭‭3,053,326.8‬0

The grocery industry has an annual inventory turnover of about times. Organic​ Grocers, Inc., had a cost of goods sold last year of ​$​; its average inventory was ​$. What was Organic​ Grocers' inventory​ turnover, and how does that performance compare with that of the​ industry? ​a) What was Organic​ Grocers' inventory​ turnover? nothing times per year ​(round your response to two decimal​ places). ​b) How does Organic​ Grocers' performance compare with that of the​ industry? It is ▼ the same as worse than better than the industry.

Answers

Answer:

Inventory turnover ratio= 10.5 times

Organic​ Grocers' performance is LOW compare with that of the grocery industry.

Explanation:

Computation of Inventory turnover ratio using this formula

Inventory turnover ratio = Cost of goods sold / Average inventory

Let plug in the formula

Inventory turnover ratio = $10.5 /$ 1 .00

Inventory turnover ratio= 10.5 times

Therefore Organic Grocers’s inventory turnover is 10.5 times

Based on the information given about grocery industry we were told that they had annual inventory turnover of 14 times while Organic Grocers’s based on the above calculation inventory turnover is 10.5 times which means that Organic Grocers’s performance is low when compared with grocery industry which had inventory turnover of about 14 times.

Therefore Organic​ Grocers' performance is LOW compare with that of the grocery industry.

Video Planet (VP) sells a big screen TV package consisting of a 60-inch plasma TV, a universal remote, and on-site installation by VP staff. The installation includes programming the remote to have the TV interface with other parts of the customer’s home entertainment system. VP concludes that the TV, remote, and installation service are separate performance obligations. VP sells the 60-inch TV separately for $2,090 and sells the remote separately for $270, and offers the entire package for $2,580. VP does not sell the installation service separately. VP is aware that other similar vendors charge $320 for the installation service. VP also estimates that it incurs approximately $270 of compensation and other costs for VP staff to provide the installation service. VP typically charges 50% above cost on similar sales. Required: 1. to 3. Calculate the stand-alone selling price of the installation service using each of the following approaches.

Answers

Answer:

1. Adjusted Market Assessment

= $320

Here the selling price will be based on what the competitors are charging for the same or a similar service.

As VP competitors are charging $320 for the service, the stand-alone selling price of the installation service will be $320 under this approach.

2. Expected Cost plus Margin

Here the company will add a margin on the expenses and costs it incurs to provide the service.

VP incurs $270 of compensation and other costs for VP staff  and typically charges a 50% margin above cost on similar sales.

Selling price = 270 * ( 1 + 50%)

= $405

3. Residual

Under this approach, all other components of the package sale are subtracted from the package price and the amount remaining will be the price of the component in question.

= Package - 60-inch TV - remote

= 2,580 - 2,090 - 270

= $220

You are ready to buy a house, and you have $25,000 for a down payment and closing costs. Closing costs are estimated to be 4% of the loan value. You have an annual salary of $48,000 (monthly income $4000) , and the bank is willing to allow your monthly mortgage payment to be equal to 25% of your monthly income. The interest rate on the loan is 7.2% per year with monthly compounding (.6% per month) for a 30-year fixed rate loan. How much money will the bank loan you

Answers

Answer:

The bank will loan you $147,321.36.

Explanation:

The amount the ban will loan can be calculated using the formula for calculating the present value of an ordinary annuity as follows:

PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)

Where;

PV = Present value of the of loan or the amount the bank will loan you =?

P = Monthly mortgage payment = Monthly salary * 25% = $4,000 * 25% = $1,000

r = Monthly interest rate = 7.2% / 12 = 0.072 / 12 = 0.006

n = number of months = 30 years * 12 months = 360

Substitute the values into equation (1) to have:

PV = $1,000 * ((1 - (1 / (1 + 0.006))^360) / 0.006)

PV = $1,000 * ((1 - (1 / 1.006)^360) / 0.006)

PV = $1,000 * ((1 - 0.99403578528827^360) / 0.006)

PV = $1,000 * ((1 - 0.116071859187515) / 0.006)

PV = $1,000 * (0.883928140812485 / 0.006)

PV = $1,000 * 147.321356802081

PV = $147,321.36

Therefore, the bank will loan you $147,321.36.

Reagan Corp. acquired one hundred percent of Ford Inc. on January 1, 2016, at a price in excess of the subsidiary's fair value. On that date, Reagan's equipment (ten-year life) had a book value of $360,000 but a fair value of $480,000. Ford had equipment (ten-year life) with a book value of $240,000 and a fair value of $350,000. Reagan used the equity method to record its investment in Ford. On December 31, 2018, Reagan had equipment with a book value of $250,000 and a fair value of $400,000. Ford had equipment with a book value of $170,000 and a fair value of $320,000. What is the consolidated balance for the Equipment account as of December 31, 2018? A. $387,000. B. $497,000. C. $508.000. D. $537,000.

Answers

Answer:

B. $497,000

Explanation:

           Consolidated Balance of Equipment

Excess value at the acquisition                  $110,000

($350,000-$240000)

Book value as on Dec 31 2018 of Ford      $170,000

Book value as on Dec 31 2018 of Regent  $250,000

Less: excess depreciation                          -$33,000   ($110,000/10*3)

Consolidated balance of equipment        $497,000

Athlete Kalen wishes to retire at age forty-five and receive annual birthday payments of $40,000 beginning on his forty-fifth birthday. After his death, the payments on the anniversary of his birth should go to his heirs. In order for Kalen to be able to carry out his plan, he makes contributions to a savings account with a guaranteed annual effective interest rate of 4%. How much money will Kalen need to have accumulated at age forty-five, just prior to his first $40,000 birthday payment

Answers

Answer:

1,040,000

Explanation:

We can calculate the money will Kalen need to have accumulated at age forty-five by dividing the annual birthday payments by the effective interest.

DATA

Annual birthday payments = A = $40,000

Effective interest = i = 4%

Calculation

Value at age 45 = A / i + Co

Value at age 45 = (40000 / .04) + 40000

Value at age 45 = 1,040,000

Kalen will need to have accumulated money of 1,040,000 at age forty-five, just prior to his first $40,000 birthday payment.

Remember that some of the messages you send will be passed along to other people. Thus, you may have to consider a secondary audience as well as a primary one. Read the following scenario, and answer the question. You just wrote the following message to your supervisor regarding an incident of possible industrial espionage you witnessed. Dear Mr. Helmsley, We have a problem. The other day I saw one of my coworkers loading boxes into the trunk of her car. I offered to help because I thought she was taking work home. The lid slipped off one of the boxes, and I realized it was full of photocopied plans from our latest prototype. Sheâs not on the development team, so thereâs no reason she should have these documents. Iâm not sure what, if anything, I should do about this. Before sending the message, it occurs to you that your e-mail will probably be forwarded to the legal team. What will you need to change to make the message appropriate for both your supervisor and the legal team?

Answers

Answer:

I Will have to give more specific information including dates and names

Explanation:

This message is going to be sent to the supervisor and also the legal team. So it is very necessary that more specific details are provided concerning the circumstances I witnesses. It would be good to provide Dates, names and Even possible conversations that occurred. This will be a form of evidence and with the information I have given, there may be further investigations and the supervisor may decide to take further and necessary action.

tina is the sole owner of tina's lawn mowing, incorporated (TLM). In one year TLM collects $1,000,000 from customers to mow their lawns. TLM equipment depreciates in value by $125,000. TLM pays $600,000 to its workers who pay $140,000 in taxes on this income. TLM pays $50,000 in corporate income taxes and pays Tina a dividend of $150,000. Tina pays taxes of $60,000 on this dividend income. TLM retains $75,000 of earnings in the business to finance future expansion. How much does this economic activity contribute to each of the following

Answers

Answer: See explanation

Explanation:

This is the remainder of the question:

How much does this economic activity contribute to GDP, NNP, National income, compensation of employees, Proprietors' Income, corporate profits, personal income, disposable personal income?

a. GDP – $1,000,000

The GDP is the value for the goods and services that a country sells. To loan customers lawns, Tina collects $1,000,000.

b. NNP – $875,000

NNP = GDP - Depreciation

= $1000000 - $125000

= $875000

c. National income – $875,000

d. Compensation of employees- $600,000

This is the amount paid by the company to its workers for work done as wages and salaries.

e. Proprietors’ income – $0

Because it is a Corporation, this will be $0.

f. Corporate profits – $275,000

This will be:

= $50,000 + $150,000 + $75000

= $275000

g. Personal income – $750,000

= NNP + Dividend - Profit

= $875000 + $150000 - $275000

= $750000

h. Disposable personal income – $550000

= $750000 - $60000 - $140000

= $550000

as of December 31, 2020, was as follows: Common stock, par value $2; authorized 20,000 shares; issued and outstanding 10,000 shares $ 20,000 Paid-in capital in excess of par 30,000 Retained earnings 85,000 Total Stockholders' Equity $135,000 On March 1, 2021, the board of directors declared a 15% stock dividend, and accordingly 1,500 additional shares were issued. On March 1, 2021, the fair value of the stock was $6 per share. For the two months ended February 28, 2021, Firm ABC sustained a net loss of $15,000. What amount should Firm ABC report as retained earnings as of March 1, 2021

Answers

Answer:

$ 61,000

Explanation:

Calculation for the amount that Firm ABC should report as retained earnings as of March 1, 2021

Retained earnings Balance $ 85,000

Less: Shares issued ($9,000)

(1500 *$6 per share)

Less: Net Loss ($15,000)

Ending Balance $61,000

Therefore the amount that Firm ABC should report as retained earnings as of March 1, 2021 will be $61,000

On June 30, 2021, the Esquire Company sold some merchandise to a customer for $30,000. In payment, Esquire agreed to accept a 6% note requiring the payment of interest and principal on March 31, 2022. The 6% rate is appropriate in this situation. Required: 1. Prepare journal entries to record the sale of merchandise (omit any entry that might be required for the cost of the goods sold), the December 31, 2021 interest accrual, and the March 31, 2022 collection. (Do not round intermediate calculations.) 2. If the December 31 adjusting entry for the interest accrual is not prepared, by how much will income before income taxes be over-or understated in 2021 and 2022

Answers

Answer: Check attachment

Explanation:

On 31st December 2021:

Interest accrued on 6% note was calculated as:

= $30,000 × 6% × 6/12

= $30,000 × 0.06 × 0.5

= $900

On 31st March, 2022:

Interest income was calculated as:

= $30000 × 6% × 3/12

= $30000 × 0.06 × 0.25

= $450

Check attachment for further information

The Titanic Company had the following cash transactions during 20XX: Received $300,000 from customers. Received $10,000 dividend revenue from stock investments. Purchased equipment for $70,000. Sold land for $40,000 which had a book value of $50,000. The 20XX cash flows from INVESTING Activities would be reported as:__________. A. net decrease in cash of $30,000. B. net decrease in cash of $10,000. C. net increase in cash of $280,000. D. net increase in cash of $240,000. E. net decrease in cash of $20,000

Answers

Answer:

E

Explanation:

In the process of reconciling its bank statement for April, Donahue Enterprises' accountant compiles the following information: Cash balance per company books on April 30 $ 6,210 Deposits in transit at month-end $ 1,430 Outstanding checks at month-end $ 750 Bank charge for printing new checks $ 110 Note receivable and interest collected by bank on Donahue’s behalf $ 640 A check paid to Donahue during the month by a customer is returned by the bank as NSF $ 610 The adjusted cash balance per the books on April 30 is:

Answers

Answer:

$6,130

Explanation :

The adjusted cash balance can be determined by doing the following steps

Prepare an updated Cash Book to update the Cash Book Balance and,Prepare a Bank Reconciliation Statement to check the accuracy of the new Cash Book Balance

Step 1 : Updated Cash Book

Cash Book (Bank columns only)

Debit :

Unadjusted Balance as at April 30               $ 6,210

Credit Transfers                                               $ 640

Total                                                                $6,850

Credit:

Bank charges                                                    $ 110

Dishonored checks                                          $ 610

Adjusted Balance (Balancing figure)             $6,130

Total                                                                $6,850

Step 2 : Bank Reconciliation Statement

Bank Reconciliation Statement as at April 30

Balance as per Cash Book (updated)          $6,130

Less Outstanding Lodgements                  ($ 1,430)

Add  Unpresented Checks                            $ 750

Balance as per Bank Statement                  $5,450

A worker age 40 wishes to accumulate a fund for retirement by making deposits of $1000 at the beginning of each year for 25 years. Starting at age 65 the worker retires, and plans to make annual withdrawals of $x at the beginning of each year, for 10 years, at which point the fund will be depleted. Assuming that all payments are certain to be made, find the amount of each withdrawal starting at age 65 to the nearest dollar, if the effective rate of interest is 8% for the first 25 years and 7% thereafter.

Answers

Answer:

$10,408.62

Explanation:

annual contribution $1,000

n = 25 years

i = 8%

FV annuity factor, 8%, 25 periods = 73.106

future value = $1,000 x 73.106 = $73,106

annual distribution = PV (at age 65) / PV annuity factor

i = 7%

n = 10

PV annuity factor, 7%, 10 periods = 7.0236

annual distribution = $73,106 / 7.0236 = $10,408.62

Assume that your stock of sales merchandise is maintained based on the forecast demand. If the distributor's sales personnel call on the first day of each month, compute your forecast sales by each of the three methods requested here. ACTUAL June 135 July 170 August 200 a. Using a simple three-month moving average, what is the forecast for September? (Round your answer to 2 decimal places.) b. Using a weighted moving average, what is the forecast for September with weights of 0.20, 0.30, and 0.50 for June, July, and August, respectively? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Answers

Answer:

Simple 3 month moving average = 168.33

Weighted moving average =  178

Explanation:

a) Simple 3 month moving average = (W1+W2+W3) / 3

Simple 3 month moving average =  (135 + 170 + 200) / 3

Simple 3 month moving average = 168.33

b. Weighted moving average =  ((W1 * D1) + (W2 * D2) + (W3 * D3)

Weighted moving average =  135*0.20 + 170*0.30 + 200*0.50

Weighted moving average =  27 + 51 + 100

Weighted moving average =  178

You hold bonds issued by the city of Sacramento, California. The interest you earn each year on these bonds a. is not subject to federal income tax and so these bonds pay a lower interest rate than otherwise comparable bonds issued by the U.S. government. b. is subject to federal income tax and so these bonds pay a lower interest rate than otherwise comparable bonds issued by the U.S. government. c. is not subject to federal income tax and so these bonds pay a higher interest rate than otherwise comparable bonds issued by the U.S. government. d. is subject to federal income tax and so these bonds pay a higher interest rate than otherwise comparable bonds issued by the U.S. government.

Answers

Answer: a. is not subject to federal income tax and so these bonds pay a lower interest rate than otherwise comparable bonds issued by the U.S. government

Explanation:

Federal income taxes are the taxes that are used in the provision of national programs like settling national debt, infrastructural development, national defense, law enforcement etc.

If an individual owns bonds that are issued by the city of Sacramento, California, it should be noted that the interest that is earned each year on these bonds is not subject to federal income tax and so these bonds pay a lower interest rate than otherwise comparable bonds issued by the U.S. government. Comparable bonds that are being issued by the United States government pay an higher interest.

Consider a budget line drawn with avocados on the vertical axis and tangerines on the horizontal axis. The consumer's income is $100, the price of avocados is $5, and the price of tangerines is $10. Suppose the consumer's income falls to $75.00, but the prices stay the same. The change in income produces a: Group of answer choices parallel shift inward of the indifference curves. new budget line which is steeper than the original one. parallel shift inward of the budget line. new budget line which is flatter than the original one.

Answers

Answer:

new budget line which is steeper than the original one.

Explanation:

I drew the both budget lines in order to show the effect of the decrease in income.      

The new budget line shifts inward and it is slightly more steep than the original budget line because the consumer can only purchase 7 tangerines, he cannot purchase 7.5. This slight difference makes the slope steeper. The total possible quantity of avocados diminished by 25%, while the total possible quantity of tangerines diminished by 30%.

The price elasticity of demand for gizmos is known to be ​(disregarding the negative ​sign). If sellers of gizmos increase their​ prices, total revenue from gizmo sales will

Answers

Answer:

C. rise.

Explanation:

Note: This question is not complete as some data are missing. The complete question is therefore provided before answering the question as follows:

The price elasticity of demand for gizmos is known to be 0.2 (disregarding the negative sign). If sellers of gizmos increase their prices, total revenue from gizmo sales will:

A. fall.

B. stay the same.

C. rise.

D. There is not enough information to determine the change in revenue.

The explanation to the answer is now given as follows:

The price elasticity of demand can be described as the degree of responsivess of quantity demanded of a commodity to a change in the price of that commodity.

The price elasticity of demand is calculated as the percentage change in quantity demanded divided by the percentage change in price.

The three major categories of price elasticity of demand and their effect on revenue are as follows:

a. Elastic: Price elasticity of demand is said to be elastic when its absolute value is greater than one (i.e. Ep > 1). This implies that the percentage change in quantity demanded is greater than the percentage in price. That is, the quantity demanded is more responsive to any change in price. As there is negative relationship between price and quantity demanded for a normal good, an increase in price will make the percentage fall in the quantity demanded to be higher than the percentage increase in price. This will therefore result in a fall in total revenue.

b. Unitary: Price elasticity of demand is said to be unitary when its absolute value is equal to one (i.e. Ep = 1). This implies that the percentage change in quantity demanded is equal the percentage in price. That is, the quantity demanded is equally responsive to any change in price. As there is negative relationship between price and quantity demanded for a normal good, an increase in price will make the percentage fall in the quantity demanded to be equal to the percentage increase in price. This will make the total revenue to remain the same.

c. Inelastic: Price elasticity of demand is said to be inelastic when its absolute value is less than one (i.e. Ep < 1). This implies that the percentage change in quantity demanded is less than the percentage in price. That is, the quantity demanded is less responsive to any change in price. As there is negative relationship between price and quantity demanded for a normal good, an increase in price will make the percentage fall in the quantity demanded to be less than the percentage increase in price. This will therefore result in a rise in total revenue.

Based on the explanation above, the price elasticity of demand for gizmos falls into category c. This implies that it is inelastic because its absolute value of 0.2 is less than 1. Therefore, the correct option is C. rise. That is, total revenue from gizmo sales will rise If sellers of gizmos increase their prices.

In the fictional country of Dirian the economics statistics department has been busy calculating the price index for a basket of goods from 2013 to 2017. January 2013 is the standardized price index, at 100, for a basket of consumer goods in the country. The price index increased in 2014 to 104.7, in 2015 to 109.3, in 2016 to 113.1, and in 2017 it increased to 119.2. You have been called to the country to help establish the rate of inflation for those years. What are the inflation rates in Dirian for 2014, 2015, 2016, and 2017

Answers

Answer:

Inflation refers to the general rise in price levels of goods and services in an economy.

[tex]Inflation = \frac{CPI in current year - CPI in previous year}{CPI in current year} *100[/tex]

2014 Inflation;

[tex]Inflation = \frac{104.7 - 100}{100} *100\\= 0.047[/tex]

= 4.7%

2015

[tex]Inflation = \frac{109.3 - 104.7}{104.7} *100\\\\= 0.0439[/tex]

= 4.39%

2016

[tex]Inflation = \frac{113.1 - 109.3}{109.3} *100\\\\= 0.0348[/tex]

= 3.48%

2017

[tex]Inflation = \frac{119.2 - 113.1}{113.1} *100\\\\= 0.0539[/tex]

= 5.39%

The financial statements of Flathead Lake Manufacturing Company are shown below. Income Statement 2017 Sales $ 9,300,000 Cost of Goods Sold 5,750,000 Depreciation Expense 550,000 Gross Profit $ 3,000,000 Selling and Administrative Expenses 2,200,000 EBIT $ 800,000 Interest Expense 200,000 Income before Tax $ 600,000 Taxes 375,000 Net Income $ 225,000 Flathead Lake Manufacturing Comparative Balance Sheets 2017 2016 Cash $ 50,000 $ 40,000 Accounts Receivable 570,000 600,000 Inventory 530,000 460,000 Total Current Assets $ 1,150,000 $ 1,100,000 Fixed Assets 2,050,000 1,400,000 Total Assets $ 3,200,000 $ 2,500,000 Accounts Payable $ 320,000 $ 300,000 Bank Loans 480,000 400,000 Total Current Liabilities $ 800,000 $ 700,000 Long-term Bonds 1,500,000 1,000,000 Total Liabilities $ 2,300,000 $ 1,700,000 Common Stock (200,000 shares) 200,000 200,000 Retainded Earnings 700,000 600,000 Total Equity $ 900,000 $ 800,000 Total Liabilities and Equity $ 3,200,000 $ 2,500,000 Note: The common shares are trading in the stock market for $15 per share. Refer to the financial statements of Flathead Lake Manufacturing Company. The firm's return on equity ratio for 2017 is _________. (Please keep in mind that when a ratio involves both income statement and balance sheet numbers, the balance sheet numbers for the beginning and end of the year must be averaged.)

Answers

Question attached

Answer and Explanation:

Answer and explanation attached

Stellar, Inc. had net sales in 2020 of $1,508,000. At December 31, 2020, before adjusting entries, the balances in selected accounts were Accounts Receivable $393,100 debit, and Allowance for Doubtful Accounts $3,490 credit. If Stellar estimates that 8% of its receivables will prove to be uncollectible.

Required:
Prepare the December 31, 2020, journal entry to record bad debt expense.

Answers

Answer: See attachment

Explanation:

The following can be gotten from the question:

Account receivable = $393,100

Allowance for Doubtful Accounts = $3,490

Since Stellar estimates that 8% of its receivables will prove to be uncollectible. This will be:

= ($393,100 × 8%) - $3490

= $31448 - $3490

= $27958

The journal entry to record bad debt expense has been attached

The company has a ball that sells for $25. At present, the ball is manufactured in a small plant that relies heavily on direct labor workers. Thus, variable expenses are high, totaling $15.00 per ball, of which 60% is direct labor cost. Last year, the company sold 36,000 of these balls, with the following results: Sales (36,000 balls) $ 900,000 Variable expenses 540,000 Contribution margin 360,000 Fixed expenses 263,000 Net operating income $ 97,000 Required: 1. Compute (a) last year's CM ratio and the break-even point in balls, and (b) the degree of operating leverage at last year’s sales level. 2. Due to an increase in labor rates, the company estimates that next year's variable expenses will increase by $3.00 per ball. If this change takes place and the selling price per ball remains constant at $25.00, what will be next year's CM ratio and the break-even point in balls

Answers

Answer:

Results are below.

Explanation:

Giving the following information:

The company has a ball that sells for $25.

Unitary variable cost= $15.00

Fixed expenses 263,000

To calculate the contribution margin ratio, we need to use the following formula:

Contribution margin ratio= contribution margin / selling price

Contribution margin ratio= (25 - 15) / 25

Contribution margin ratio= 0.4

Now, the break-even point in units:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 263,000 / 10

Break-even point in units= 26,300 units

Degree of operating leverage= contribution margin / operating income

Degree of operating leverage= 360,000 / 97,000

Degree of operating leverage= 3.71

If the unitary variable cost increases by $3:

Contribution margin ratio= (25 - 18) / 25

Contribution margin ratio= 0.28

Break-even point in units= 263,000 / 8

Break-even point in units= 32,875

explain partner by estoppel ...and please follow me ​???

Answers

Answer:

Partnership by estoppel means that a person who is not technically a partner can be held liable as a general partner would be for any debts and damages owed to a third party.

Information on Psi Phi Inc.âs three products are as follows: A B C Unit sales per month â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦ 1,600 3,000 1,600 Selling price per unit â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦. $10.00 $15.00 $8.00 Variable cost per unit â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦... (10.40) (12.00) (4.00) Unit contribution margin â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦.. $(0.40) $3.00 $4.00 Required: Determine the effect of each of the following situations would have on monthly profits. Each situation should be evaluated independently of all others. a) Product A is discontinued. b) Product A is discontinued and the subsequent loss of customers cause sales of Product B to decline by 200 units. c) The selling price of Product A is increased to $11.00 with a sales decrease of 300 units. d) The price of Product B is increased to $16.00 with a resulting sales decrease of 400 units. However, some of the customers shift to Product A; sales of Product A increase by 280 units. e) Product A is discontinued, and the plant in which Product A was produced is used to produce Product D, a new product. Product D has a unit contribution margin of $0.60. Monthly sales of Product D are predicted to be 1,200 units. f) The selling price of Product C is increased to $9.00 and the selling price of Product B is decreased to $14.00. Sales of Product C decline by 400 units, while sales of Product B increase by 600 units.

Answers

Answer:

fgoooo

Explanation:

fhgfh can you give me mola

Gael Corporation is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under Plan I, the company would have 185,000 shares of stock outstanding. Under Plan II, there would be 135,000 shares of stock outstanding and $2.29 million in debt outstanding. The interest rate on the debt is 5 percent and there are no taxes. Use M&M Proposition I to find the price per share. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) What is the value of the firm under each of the two proposed plans? (Do not round intermediate calculations and round your answers to the nearest whole dollar amount, e.g., 32.)

Answers

Answer:

The value of firm under both plan is $8,473,000

Explanation:

All equity plan share Outstanding = $185,000

Plan II Number. of shares outstanding = $135,000

Debt = $2,290,000

Price per share = Amount of debt issued/(No of shares in all Equity-no of shares in debt plan)

Price per share = $2,290,000/($185,000 - $135,000)

Price per share =  $2,290,000 / $50,000

Price per share =$45.8

Value of firm under Equity plan = Number of shares * Price per share

Value of firm under Equity plan = 185000 shares * $45.8

Value of firm under Equity plan = $8,473,000

Levered plan = (Number of shares*Price per share) + Debt

Levered plan = (135,000 * $45.8) + $2,290,000

Levered plan = $6,183,000 + $2,290,000

Levered plan = $8,473,000

Hence, the value of firm under both plan is $8,473,000

Beliefs that are handed down from one generation to another and that influence decision making are _____.

genetic
diversity issues
universal values
cultural preferences

Answers

Answer: cultural preferences.

Answer: cultural preferences

Explanation: I just took the test

Other Questions
HURRY IM TIMED Greater education for women tends to decrease the birthrate because it enables women toO develop a more egalitarian role within society.recognize the importance of having financial independence.O have more control over their economic and personal choices.make an informed choice between motherhood and a career.O develop new and effective methods of contraception. Evaluate the function please help What is parasitic mode of nutrition? Explain with examples. Which phrase in "Harun al-Rashid & One Thousand and One Nights" uses imagery to describe the Middle East?"knowledge and education were so prized and supported""a hotbed of discovery, invention, and ingenuity""widely considered to be the start of what is now known as the Islamic Golden Age""painting a vivid and memorable (if not wholly realistic) picture of a world of deep intrigue" a photo collage consists of seven equal sized square photo arranged in a row to form a rectangle if the total area of the college is 567 square inches what is the length of the collage Are there any webistes, that can help me with my coding? 12 more than (-17) isA. 29 B. -29 C. -2 D. -5 help please!!or maybe not.:eyes:you never know. PART II CHOOSING THE APPROPRIATE UNIT For each example below choose the appropriate unit to measure each (mm, cm, m or km). 1. Width of physics book _____ 2. Distance from New York to Utah _____ 3. Length of fingernail _____ 4. Length of hallway _____ 5. Height of a mountain _____ 6. Length of a fork _____ 7. Distance between cities _____ 8. Width of your eyeball _____ can u guys please help I'm really behind in school I'm in 7th grade Kamala has $90,000 in a savingsaccount. The interest rate is 6%per year and is not compounded.How much will she have in 4months? Which of the following statements describes a factor in the island biogeographical model? (3 points) Dispersing species are more likely to find smaller secluded habitats Smaller populations are less likely to go extinct Larger habitats have more habitat heterogeneity for species Large islands have less available niches for immigrating specie How did the Revolutionary War affect the concepts of nationalism and exceptionalismUnited States? 40.00 grams of NaOH is added into distilled water and diluted with water to 1000mL of final volume. What is the final concentration of the NaOH Write an equation of the line that passes through the points (-3,5) and (2,15) Question 15Read the question and type your response in the box provided. Your response will be saved automaticallySelina claims that combining copper sulfate and zinc created a chemical reaction. Construct an explanation that addresses the following parts:Part A: Identify the evidence of chemical or physical changes in the experiment.Part B: Explain why Selina is correct or incorrect using evidence from the experiment.Part C. Describe what happened to the copper and zinc atoms during the experiment. Explain your answer.B I52 What is this chemical structure?Answer optionsA. NucleotideB. Amino AcidC. PhospholipidD. Nucleoside What are the characteristics of metals vs. non metals? what could have been done to prevent the fall of rome Why do followers of Islam claim to follow the same god as Christians and Jews?