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3 years ago

Why is it important to prioritize a list of financial goals?

1 answer:

6 0

It’s important for your future. So you won’t be some kind of debts. It’s always better to plan rather than doing things last minute.

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A landowner validly conveyed a small office building to the green party "as long as they use it for operating quarters until the

hjlf

The green party and the gas monitoring organization should prevail because the land owner had willed that the property be given to them.

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3 years ago

Read 2 more answers

The Kwok Company’s inventory balance on December 31, 2021, was $215,000 (based on a 12/31/2021 physical count) before considerin

Eduardwww [97]

Answer:

$274,000

Explanation:

As per the data given in the question,

Particulars Amount

Inventory balance before considering following items $215,000

Adjustments:

1) According to FOB destination, ownership passes to buyer at receipt of goods $-

2) According to FOB shipping point, ownership passes to buyer at the point of shipment $27,000

3) According to FOB destination, ownership passes to buyer at receipt of goods

$32,000

4) As goods received before period close, no adjustment is required $-

5) According to FOB shipment, ownership passes to buyer at receipt of shipment $-

Correct inventory amount to be reported in Kwok's 2021 balance sheet

= ( $215,000 + $27,000 + $32,000) = $274,000

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3 years ago

You hear on the news that the S&P 500 was down 2.6 % today relative to the risk-free rate (the market's excess return was

Paul [167]

Answer:

Excess return for Zynga today will be -3.38%

Excess return on P&G today will be -1.04%

Explanation:

The excess return is the return earned above/beyond the benchmark return. This benchmark can be set at either the risk free rate or any other stock or portfolio's return.

The return on a stock is usually calculated using the CAPM equation. The CAPM considers risk free rate, the return on market and the stock's beta to calculate the expected return on a stock.

The market always has a beta of 1. Beta is the measure of the volatility of stock returns. If the excess return on the market falls or rises, the effect of this on a stock's excess return will be based on its beta.

The excess return of Zynga today will be = -2.6% * 1.3 = -3.38%

The excess return of P&G today will be = -2.6% * 0.4 = -1.04%

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3 years ago

Greg, a project manager in your company, is falling behind on the project schedule. He has elected to crash the project. What is

Vinil7 [7]

Answer:

c) Adding additional project resources to the project

Explanation:

Falling behind schedule is something that needs to be avoided or dealt with promptly and systematically

Crashing is the technique to use when fast tracking has not saved enough time on the project schedule. You use crashing to save resources to the project for the least cost possible. Anyhow, crashing is expensive because more resources are added to the project.

References:

Dave. “A Step-by-Step Process of Dealing with a Project That Is Falling behind Schedule.” MyClientSpot Blog, 10 Sept. 2015

Monnappa, Avantika. “Project Management Learning Series: Fast Tracking Versus Crashing.” Simplilearn.com, Simplilearn, 27 Sept. 2019,

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3 years ago

Lidell Inc. budgeted production of 48,000 personal journals in 20Y6. Each journal requires assembly. Assume that three minutes a

mote1985 [20]

Answer:

Direct labor cost= $31,200

Explanation:

Giving the following information:

Production= 48,000 units

Standard time= 3 minutes per unit

Rate= $13 per hour

First, we need to calculate the number of hours required:

The proportion of minuted per hour= 3/60= 0.05

Number of hours= 48,000*0.05= 2,400 hours

Now, the direct labor cost:

Direct labor cost= 2,400*13= $31,200

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3 years ago