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marishachu [46]

3 years ago

8

Assume the Hiking Shoes division of the All About Shoes Corporation had the following results last year (in thousands). Manageme

nt's target rate of return is 20% and the weighted average cost of capital is 30%. Its effective tax rate is 40%.-Sales $5,000,000-Operating income 1,250,000-Total assets 1,000,000-Current liabilities 750,000What is the division's Residual Income (RI)?A) $1,050,000B) $420,000C) $2,000,000D) $950,000

1 answer:

NNADVOKAT [17]3 years ago

5 0

Answer:

A) $1,050,000

Explanation:

Residual income

= Net operating income - (Total assets*Target rate of return)

= 1,250,000 - (20%*1,000,000)

= $1,050,000

Therefore, The division's Residual Income is $1,050,000.

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A company began the year with assets of $117,000, liabilities of $28,500, and stockholders' equity of $88,500. During the year a

algol [13]

Answer:

Change in liabilities = $33,300

Explanation

<em>According to the accounting equation, assets is equal to liabilities + equity. And this equation can be re-written as:</em>

Liabilities = assets - equity

Liabilities at the end of the period = assets at the end - equity at the end

Assets at the end= 117,000 + 56,700= 173,700

Equity at the end = 88,500 + 23,400 = 111,900

Liabilities at the end = 173,700 - 111,900=61800

Change in liabilities = Liabilities at the end - Liabilities at the beginning

Change in liabilities = 61,800 - 28,500= $33,300

8 0

3 years ago

Analyze how taxes or emissions standards could reduce the economic inefficiency that arises in a competitive market with a negat

OverLord2011 [107]

Let's analyze in the case of manufacturer's emission that cause polution

Usually, these pollution-producing companies are regulated to pay several amount of money in order to rehabilitate the environment that caused by their harmful material.

This is really inefficient , if they have to repair it, why allow them to destroy the environment in the first place ?

That's how emission standards could reduce the inefficiency

7 0

3 years ago

Your parents will retire in 19 years. They currently have $300,000, and they think they will need $1 million at retirement. What

Svetlanka [38]

Answer:

rate = 6.54%

Explanation:

we need to find the rate at which a capital of 300,000 becomes 1,000,000 in a period of time of 19 years.

<u>So we build the following equation:</u>

$300,000 (1+r)^{19} =1,000,000$

$(1+r)^{19} =1,000,000 \div 300,000$

$r=\sqrt[19]{1,000,000 \div 300,000}-1$

rate = 0.065417765 = 6.54% after rounding

This will be the rate my parent will require to generate 1,000,000 in 19 years with their current savings of 300,000.

3 0

3 years ago

A body in the solar system has a period of 10,759.22 days and a perihelion speed of 10.18 km/s. a. Calculate the aphelion radius

anastassius [24]

Answer:

Explanation:

From the information given, by applying Kepler's 3rd law,

$T^2 \alpha a^3$

where;

T = period

a = semi major axis

T = 356 days (for earth)

a = 1 AU = 1.496 $\times 10^8 \ km$

Therefore, $T^2 = ca^3$

$c= \dfrac{365^2}{(1.496 \times 10^8)^3}$

c = 3.9791 $\times 10^{20} \ day^2/km^3$

However, if the body in the solar system has a period of 10.759.22 days, then, a =?

∴

$T^2 = ca^3$

$a3 = \dfrac{10759.22^2}{3.9791 \times 10^{-20}}$

$a^3 = 2.9092 \times 10^{27}$

$a= \sqrt[3]{2.9092 \times 10^{27}}$

a = 1.4275 $\times 10^9 \ km$

However, the velocity for a perihelion = 10.18 km/s

Using the formula

$v = \sqrt{GM ( \dfrac{2}{r}-\dfrac{1}{a})}$ to calculate the radius, we have:

G = $6.674 \times 10^{-11}$

M = $1.989\times 10^{30} \ kg$

r = perihelion

$v ^2= GM ( \dfrac{2}{r}-\dfrac{1}{a})$

$(10.18 \times 10^3) ^2= 6.674 \times 10^{-11} \times 1.989 \times 10^{30} ( \dfrac{2}{r}-\dfrac{1}{1.425 \times 10^{12}})$

$7.8068 \times 10^{-13}= \dfrac{2}{r}-\dfrac{1}{1.425 \times 10^{12}}$

$\dfrac{2}{r} = 1.4824 \times 10^{-12}$

$r = \dfrac{2}{1.4824 \times 10^{-12}}$

$r = 1.349 \times 10^{12}$

Similarly, the perihelion is expressed by the equation,

r = a(1 - e)

where ;

e= eccentricity

∴

$1.349 \times 10^{12} = 1.425 \times 10^{12} ( 1 - e)$

$1.349 \times 10^{12} - 1.425 \times 10^{12}= - 1.425 \times 10^{12} (e)$

$-7.6\times 10^{10}= - 1.425 \times 10^{12} (e)$

$\dfrac{-7.6\times 10^{10}}{- 1.425 \times 10^{12}}= (e)$

e ( eccentricity) = 0.0533

Aphelion radius in natural miles, r = a( 1+ e)

$r = 1.425 \times 10^{12} ( 1 + 0.0533)$

$r = 1.50 \times 10^{12} \ m$

to nautical miles, we have:

$r = 1.50 \times 10^{12} \times 0.00054 \ nautical \ mile$

radius of aphelion $\mathbf{r = 8.10 \times 10^8}$ nautical miles

In respect to the value of a( i.e $1.4275 \times 10^9 \ km)$

the body of the solar system is Saturn

5 0

3 years ago

Warehouses sometimes perform certain other functions besides storing goods. Which of the fo typically one of those functions?

aleksley [76]

Answer:

A) purchasing

Explanation:

THIS IS THE COMPLETE QUESTION

Warehouses sometimes perform certain other functions besides storing goods. Which of the following is NOT typically one of those functions?

a. purchasing

b. postponement

c. break-bulk activities

d. consolidation point

e. cross-docking

warehouse can be regarded as a commercial building used in storing of goods. Warehouses are been utilized by manufacturers as well as importers and exporters and also wholesalers. There are different types of warehouse such as private, public warehouse. It helps in storage of both raw material as well as finished goods.

The following are typically other functions of warehouse.

✓ break-bulk activities

✓cross-docking

✓postponement

✓consolidation point

8 0

2 years ago