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uysha [10]
3 years ago
11

If goods are sold on terms fob shipping point, the ________.

Business
1 answer:
dsp733 years ago
8 0
<span>Buyer normally pays the transportation costs</span>
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The Southern Corporation manufactures a single product and has the following cost structure: Variable costs per unit: Production
kari74 [83]

Answer: The Southern Corporation manufactures a single product and has the following cost structure:

Explanation:

Fixed costs per year: Production$98,770 Selling and administrative$86,920 Last year, 5,810 units were produced and 5,610 units were sold. There was no beginning inventory. The carrying value on the balance sheet of the ending inventory of finished goods under variable costing would be:

7 0
3 years ago
Job enrichment differs from job rotation in that job enrichment Select one: a. empowers workers by adding more decision-making a
pychu [463]

Answer:

a. empowers workers by adding more decision-making authority to their jobs.

Explanation:

Job enrichment differs from job rotation in that job enrichment empowers workers by adding more decision-making authority to their jobs.

Job enrichment can be defined as a strategic approach or technique adopted by organizations, which typically involves the process of adding more authority, dimensions and responsibility to the job of an employee in order to get them motivated and induce greater satisfaction. For example, an employee whose job description is to stock shelves, could be enriched to take customer orders, incoming inventory and closing sales.

On the other hand, job rotation can be defined as the process in which employees are shifted or moved from one job function to another at regular intervals in order to boost their knowledge, skills and experience.

4 0
3 years ago
Trendsetters has a cost of equity of 14.6 percent. the market risk premium is 8.4 percent and the risk-free rate is 3.9 percent.
BabaBlast [244]
Given:
<span>cost of equity of 14.6 percent
</span><span>market risk premium is 8.4 percent
</span><span>risk-free rate is 3.9 percent
</span><span>increase company's beta to 1.4 after purchase.

We will use the CAPM or Capital Asset Pricing Model formula to solve the new cost of equity.

</span>

Re = rf + (rm – rf) * β 

Where:

<span>Re = the required rate of return on equity
<span>rf = the risk free rate
</span><span>rm – rf = the market risk premium
</span>β = beta coefficient = unsystematic risk</span><span>

</span>We need to solve for the original beta coefficient using the given cost of equity, market risk premium and risk free rate.

Re = rf + (rm – rf) * β<span> 
14.6% = 3.9% + 8.4% * </span>β
14.6% - 3.9% = 8.4% * β
10.7% / 8.4% = β
1.27 = β
<span>
The initial beta coefficient is 1.27. 

Using the same risk free rate, market risk premium, and a new beta coefficient of 1.4, we need to solve the cost of equity.

</span>Re = 3.9% + 8.4% * 1.4
Re = 3.9% + 11.76%
Re = 15.66% 

The new cost of equity after purchasing a company is 15.66%. It increase from 14.6% by 1.06%.

4 0
3 years ago
During the year, the Senbet Discount Tire Company had gross sales of $1.24 million. The company’s cost of goods sold and selling
Afina-wow [57]

Answer:

Net income= $139,755

Operating cash flow= $346,835

Explanation:

Senbet discount tire company has a gross sale of $1.24 million

The cost of goods sold is $593,000

The selling expense is $246,000

The company has a note payable of $850,000 with an interest rate of 5%

Depreciation is $123,000

Tax rate is 23%

(a) Inorder to calculate the tax expense the first step is to find the interest

Interest= debt×interest rate

= $850,000×5/100

= 850,000×0.05

= 42,500

Therefore, the net income can be calculated as follows

= (sales-cost of goods sold-selling expense-depreciation-interest)(1-tax rate)

=( $593,000-$246,000-$123,000-42,500)(1-0.23)

= 181,500×0.77

= $139,755

(b) Inorder to calculate the operating cash flow the first step is to find the tax expense

Tax expense= (gross sales-cost of goods sold-selling expense-depreciation-interest)× tax

($1,240,000-$593,000-$246,000-$123,000-42,500)×0.23

= $235,500×0.23

= $54,165

Therefore, the operating cash flow can be calculated as follows

= gross sales-cost of goods sold-selling expense-depreciation-tax expense+depreciation

=$1,240,000-$593,000-$246,000-$123,000-$54,165+$123,000

= $346,835

Hence the net income is $139,755 and the operating cash flow is $346,835

4 0
3 years ago
A local government's basic financial statements would include a statement of cash flows for all________
german

Answer:

A

Explanation:

fund types proprietary

7 0
3 years ago
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