Answer:
B. Place the order now.
Explanation:
Why wait until the exchange rate changes? When is that going to be? The best reaction would be to place the order when it is needed and not to speculate on the exchange rate. Waiting until the exchange rate changes against Japan makes the prices of goods and services cheaper for foreign purchasers. But, the wait could be endless.
Answer:
Samz Off-Road Rage
On an income statement, the following will be found as indicated below:
The Rent, Utilities, Business License, Security System, Cleaning Service, Accounting Service, and Payroll will be found on the expenses side. They are deducted from gross profit to get the net profit or income.
The Supplies and Display Materials will be found on Cost of Goods Sold side. They used to determine the gross profit.
Explanation:
Expenses relate to costs incurred for running a business. Examples are rent and workers' salaries and wages. In order to keep a business open to customers, they must be incurred.
By their nature, they are fixed costs to a large extent. With the matching principle, they must be subtracted from net revenue in order to determine the period's operating profit.
All store supplies and display materials relate directly to the cost of goods sold. They are costs incurred in order to have goods available for sale. They determine the gross profit of an entity.
Answer:
B. Forced distribution method
Explanation:
Forced distribution method is a rating used by organizations to evaluate their work place. In this situation, the raters are made to give ratings to individuals being evaluated into an already established performance distribution. It requires the person carrying out the appraisal to place or appraise workers based on certain predetermined parameters from which he can then rank them. The forced distribution method is one of the most not established fact but also one of the most adopted appraisal method. Due to the criticism attached to it, it stemmed up organizations claiming to have dropped off performance appraisals completely.
Answer:
The bonds sell for $825.63
Explanation:
To calculate the price of the bond, we need to first calculate the coupon payment per period. The bonds are annual bonds so the coupon payment is per year.
Coupon Payment = 1000 * 0.057 = $57
Total periods = 15
The formula to calculate the price of the bonds today is attached.
Bond Price = 57 * [( 1 - (1+0.077)^-15) / 0.077] + 1000 / (1+0.077)^15
Bond Price = $825.63
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Sales in units 285,000
Selling price $17
Direct materials $143,000
Direct labor $503,000
Manufacturing overhead $110,000
Selling expense $439,000
Administrative expense $860,000
A) Sales revenue= 285,000 units* $17= $4,845,000
B) Income statement:
Sales revenue= 4,845,000
COGS= (DM + DL + Overhead)= (756,000)
Gross profit= 4,089,000
Selling expense= (439,000)
Administrative expense= (860,000)
Net operating income= 2,790,000
