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2 years ago

9

__________ worth, a frequently used measure of wealth, refers to the value of savings and checking accounts, real estate, automo

biles, stocks and bonds, and other assets, minus debts.

1 answer:

Anna11 [10]2 years ago

5 0

Net worth is the answer

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True or false. The first word of your answer has to be either true or false.

Lynna [10]

Answer:

sorry I didn't understand your question and thx for points have a nice day :)

5 0

3 years ago

Erie Company manufactures a mobile fitness device called the Jogging Mate. The company uses standards to control its costs. The

Tom [10]

a. Standard labor-hours is 7920 hours.

b. Standard labor cost allowed is $42,768.

c. The labor spending variance is $1588(U).

d. The labor rate variance is $1706 and the labor efficiency variance $3294(U).

e. The variable overhead rate is $5971(U) and efficiency variances for the month $5580(U).

<u>Explanation:</u>

a)Standars hours(SH) allowed to make 19800 jogging mates

=SH per unit $\times$ 19800

=(24/60)*19800

=7920 hours

24/60 has been taken to convert minutes into hours.

b)Standard Labor Cost (SC) of 19800 jogging mates

$=19800 \times SC per unit=19800 \times $2.16\\=$42,768$

=$42,768

c)Labour Spending Variance

$=Standard Cost - Actual Cost(AC)=$42,768 - $44,356=$1588(U)$

=$1588(U)

d)Labor Rate Variance

$=(SR per hour-AR per hour)\timesAH=(5.4-5.2)*8530=$1706(F)$

=$1706

Actual Hours(AH) * Actual Rate per hour(AR)= Actual Cost(AC)

$8530 \times AR = $44,356$

$AR = \frac{44356}{8530}\\ \\AR = 5.2$

Labor Efficiency Variance

$=(SH-AH) \times SR\\=(7920-8530)*$5.4=$3294(U)$

=$3294(U)

e) Variable overhead rate variance = Actual hours worked (Standard overhead rate - Actual overhead rate)

= 8530 (4.5 - 5.20)

= $5971(U)

Actual overhead rate = $44,356 / 8530 = 5.20

Variable overhead efficiency variance = Standard overhead rate (Standard hours - Actual hours)

= 4.50 (7290 - 8530)

= $5580(U).

8 0

3 years ago

Elson co, needs to raise debt and for this purpose issued two different bonds, Bond A and Bond B. Both bonds have 20 years to ma

slega [8]

Answer:

The right solution is "$20.733.16".

Explanation:

According to the question,

Face value,

= $20000

Rate (r),

= .035

Bond A:

= $\frac{Face \ value}{(1+r)^n}$

= $\frac{20000}{(1+.035)^{40}}$

= $5051.45$ ($)

Bond B:

= $\frac{1100\times 12.0941}{(1+.035)^{10}} + \frac{1400\times 10.9205}{(1+.035)^{26}} + \frac{20000}{(1+.035)^{40}}$

= $9431.11+6250.6+5051.45$

= $20733.16$ ($)

5 0

3 years ago

You are considering purchasing stock in Canyon Echo. You feel the company will increase its dividend at 4.7 percent indefinitely

NISA [10]

Answer:

b.$57.08

Explanation:

Current price=D1/(Required return-Growth rate)

=(3.38*1.047)/(0.109-0.047)

which is equal to

=$57.08.

7 0

3 years ago

A stock trading company had the budget for enhancing its secondary datacenter approved. Since the main site is in a hurricane af

marshall27 [118]

Answer:

The correct answer is hot site.

Explanation:

A hot site is a site where a company's operation can take place after a disaster. it is a duplicate of the original site and is situated at an off-premises location. It is a backup site which has all the equipment that is required to continue operations. it is always online and immediately available.

A warm site has lesser equipment than a hot site and requires more time to be operational. A cold site has the least equipment and takes a few days to be operational but is the cheapest alternative.

Since the company here wants the business to resume in the least time it should go for a hot site.

8 0

3 years ago