Answer:
False. Have a Good day I hope this helps
Explanation:
Answer:
Return on investment = 18.07% (Approx.)
Explanation:
Given:
NUmber of share = 75 shares at $19.58 per share
Amount of dividend received = $73.42
Stock value at end = $22.14 per share
Find:
Return on investment
Computation:
Purchase price = 75 x 19.58
Purchase price = $1,468.5
Final value + Dividend = 75(22.14) + 73.42
Final value + Dividend = $1,733.92
Profit = $1,733.92 - $1,468.5
Profit = $265.42
Return on investment = [Profit / Initial value]100
Return on investment = [265.42 / 1,468.5]100
Return on investment = 18.07% (Approx.)
Answer:
$ 5,401.60
Explanation:
Activity cost pool
<em>Assembly</em>: $ 698,720 (Total Cost) / $ 44,000 (Total activity machine-hours)
= $ 15.88 per machine-hour
<em>Processing Orders</em>: $ 90,763 (Total cost) / 1,900 orders = 47.77 per order
<em>Inspection</em>: $ 119,535 / 1,950 inspection-hours = $61.30 per inspection-hour
Overhead Costs:
Assembly: 15.88 per MH *710 MHs = 11,274.80
Processing Orders: $ 47.77 per order * 80 orders = $3,821.60
Inspection: $ 61.30 per IH * 40 IHs = 2,452.00
<em>Sales</em>: (340 * 121.90) = $ 41,446.00
<em>Costs</em>:
Direct materials (340 * 40.05) = $ 13,617.00
Direct labor (340 * $ 14.35) = $ 4,879.00
Assembly $ 11,274.80
Processing $ 3,821,60
Inspection $ 2,452.00
<em>Total of costs</em>: $ 36,044.40
<em>Product Margin</em>: (Costs - Sales) $ 5,401.60
Answer:
Dynamic Weight Loss Co.
DYNAMIC WEIGHT LOSS CO.
Classified Balance Sheet as of June 30, 20Y7
Assets
Current Assets:
Cash $119,630
Accounts Receivable 26,100
Prepaid Insurance 8,400
Prepaid Rent 6,000
Supplies 11,200
Total current assets $171,330
Long-term Assets:
Land 375,000
Equipment 325,900
Accumulated Depreciation (32,600) 293,300
Total long-term assets $668,300
Total assets $839,630
Liabilities and Equity
Current Liabilities:
Accounts Payable $10,830
Salaries Payable 7,500
Unearned Fees 21,000
Total current liabilities $39,330
Equity:
Common Stock 180,000
Retained Earnings 620,300
Total equity $800,300
Total liabilities and equity $839,630
Explanation:
a) Data and Calculations:
Trial Balance as of June 30, 20Y7
Account Titles Debit Credit
Cash $119,630
Accounts Receivable 26,100
Prepaid Insurance 8,400
Prepaid Rent 6,000
Supplies 11,200
Land 375,000
Equipment 325,900
Accumulated Depreciation - Equipment $32,600
Accounts Payable 10,830
Salaries Payable 7,500
Unearned Fees 21,000
Common Stock 180,000
Retained Earnings 620,300
Total $872,230 $872,230
The
answer to the missing word on the statement above is market focus. When a firm
competes in a geographically defined specific are, it is using a market focus. For
a business to be market-focused, you have to look outside the company for
input and data essential to create strategic and tactical judgements. Market
focus means you
have to have a great deal of understanding your customers. It also means you
have to know your competitors very well, and anticipate their next moves.
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