Answer:
Initial capital $200,000
Period 5 years
interest rate 5%
Interest year 1 $10,000.00
Interest year 2 $10,500.00
Interest year 3 $11,025.00
Interest year 4 $11,576.25
Interest year 5 $12,155.06
Future Value= $255256.31
See the image attached
Answer and Explanation:
After the split of AT&T by government into a number of different bodies, in order to prevent monopolistic control over the phone market, the industry experienced an increase in competitor.
This happened because after the split of AT&T, the number of firms in the phone industry increased and other firms who were planning for mergers also changed their decisions and continued working as small, individual firms.
As the number of small firms in the industry increased, so did competition, as no single seller had power over the market now.
Answer:
1) Cash Dr. $19,260 (21,400-2,140)
Commission Expense Dr. $2,140 (10% of 21,400)
Sales Cr. $21,400
2) COGS Dr. $12932 (61% of 21,200)
Inventory Cr. $12932
Explanation:
Cash received to Buffalo Corp. shall be total sales i.e. $21,400 less the commission retained by Gooch Co. i.e. 10% of $21,400.
Buffalo Corp. shall expense out the commission and Sales shall be recorded by the gross amount.
the second entry shows Inventory being credited by the amount of Cost i.e 61% of goods shipped to Gooch (61% of $21,200).
Answer:
(d) $2.18
Cost formula per machine hour for indirect material cost = $2.18
Explanation:
Actual Indirect material cost = $30,444
Actual hours = 17,700
Standard hours = 18,200
Spending variance for indirect material = $8,142
That is favorable,
Formula of spending variance = (Standard Price - Actual Price)
Actual Quantity
= Standard Price
Actual Quantity - Actual Price
Actual Quantity = 1,842
Standard Price
Actual Quantity = $8,142 + $30,444 = $38,586
Standard Price = $38,586/17,700 = $2.18
Final Answer
Cost formula per machine hour for indirect material cost = $2.18
<span>Risk management is a
systematic process where its objectives are to identify, to assess, and to control
risks. These risks arise from operational factors and making decisions that
maintains the balance between risk costs with the mission benefits. The correct
steps are the following: First, the risk must be identified. This means that
the team must first uncover, recognize and describe the risks that might
possibly affect the project or its outcomes. Second, the risk will then be
analyzed. It is in this step that the
team must consider the consequences of each risk according to the nature of the
risk. The potential to affect project
goals will also be identified. Third, evaluation and ranking of risks will take
place. The magnitude of the risks will be part in the decision-making whether
they are acceptable or whether they are serious enough to warrant treatment.
Fourth, the risk must be treated. This is also known as the Risk Response Planning. The highest ranked risks must be identified and
plans must be made to treat or modify these so that the desirable risk levels
will be attained. Lastly, the risks
shall then be monitored and reviewed. In
this way, all the uncertainties, unpleasant surprises and barriers will be
fully monitored and if the team is determined, golden opportunities will
instead be achieved. </span>