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1 year ago

Worksheet B-Choose Stocks

Business

1 answer:

djyliett [7]1 year ago

8 0

Answer:

romero

Explanation:

Romero and Anya should invest

stock because

Growth stocks are usually new firms that produce new types of goods or services. They do

not have a long history of steady sales, profits, or dividend payments. They do offer the

possibility of rapid growth in sales and profitability if their new products are successful. They

involve relatively high risks.

Romero and Anya should invest

stock because

C. Combination growth and return stocks are large, well-established firms that have histories

of steady sales and profits but also are moving into new types of production that offer the

possibility of rapid growth in the future. They involve moderate risks.

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This activity is important because as world trade has grown, more companies have entered the global market. Once a firm decides

Ann [662]

Answer:

Matching the correct global market entry strategy with:

1. Moodmatcher lipstick = b. Direct Exporting

2. Boeing = b. Direct Exporting

3. Yoplait = d. Franchising

4. McDonald's = d. Franchising

Explanation:

a) Global market entry strategies;

a. Indirect Exporting

b. Direct Exporting

c. Licensing

d. Franchising

e. Joint Venture

f. Direct Investment

Most of the globalized entities enter the global market space through direct exports to consumer countries. Some others engage in licensing and franchising, joint venture and indirect exports of their products and services to non-domestic countries. Huge revenues are earned through global trades. Some companies like MTN headquartered in South Africa earn more revenue in foreign markets than in their domestic markets.

6 0

3 years ago

Folio Company estimates total manufacturing overhead costs to be $80,000 for the year and estimates direct labor hours to be 4,0

gregori [183]

Answer:

Allocated Overhead= $76,000

Explanation:

Giving the following information:

Estimated overhead for the period= $80,000

Estimated direct labor hours= 4,000 for the same period

Actual direct labor hours for the period are 3,800.

<u>First, we need to calculate the estimated overhead rate. Then, we can determine the amount of overhead allocated to work in process for the period.</u>

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 80,000/4,000= $20 per direct labor hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 20*3,800= $76,000

8 0

3 years ago

The following information summarizes the standard cost for producing one metal tennis racket frame at Spaulding Industries. In a

astra-53 [7]

Answer:

Actual Price paid for materials = $4.2136 $\times$ 2,200 = $9,270

Actual price per unit = $4.2136

Explanation:

Provided information,

Standard Material per unit = $4

Total cost = $8,400

Standard Quantity = $8,400/$4 = 2,100 units

Provided Material Price variance = $470 unfavorable = - $470

$= (Standard Price - Actual Price) \times Actual Units$

Material Quantity Variance = $400 Unfavorable = - $400

$= (Standard Quantity - Actual Quantity) \times Standard Rate$

Using Material Quantity Variance

- $400 = (2,100 - Actual Quantity) $\times$ $4

-$400/$4 = 2,100 - Actual Quantity

Actual Quantity = 2,100 + 100 = 2,200 units

Now, putting this value in Material Price Variance we have,

- $470 = ($4 - Actual Price) $\times$ 2,200

-$470/2,200 = $4 - Actual Price

- $0.214 = $4 - Actual Price

Actual Price = $4 + $0.2136 = $4.2136

Final Answer

Actual Price paid for materials = $4.2136 $\times$ 2,200 = $9,270

Actual price per unit = $4.2136

8 0

3 years ago

Nu Company reported the following pretax data for its first year of operations. Net sales 2,910 Cost of goods available for sale

kozerog [31]

Answer:

$434

Explanation:

Net sales = $2,910

-Cost of goods sold = $1,560 (Working)

=Gross profit = $1350

-Operating expenses = $730

=Profit before Tax = $620

-Tax 30% = $186

=Net Profit/Net Income= $434

<u>Working</u>

Cost of goods sold = Cost of goods available for sale - Closing Inventory if LIFO is elected

Cost of goods sold = 2,430 - 870 = 1560

5 0

3 years ago

Read 2 more answers

Perfect Clean, Inc. provides housekeeping services. The following financial data have been provided. Service Revenue $ 70 comma

Dennis_Churaev [7]

Answer:

The contribution margin is $29,650

The contribution margin ratio is 42.35%

Explanation:

Contribution Margin : The contribution margin shows a difference between sales revenue and variable cost.

For computing the contribution margin, the following formula is used which is shown below:

= Service revenue - Cleaning supplies - wages expenses

= $70,000 - $22,000 - $18,350

=$29,650

Thus, the contribution margin is $29,650

Now, the contribution margin ratio is a ratio between contribution margin and sales.

In mathematically,

Contribution margin ratio = Contribution ÷ Service revenue

= $29,650 ÷ $70,000

= 42.35%

Hence, the contribution margin ratio is 42.35%

5 0

3 years ago