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4 years ago

14

The maximum amount of time for which benefits will be paid to the injured or ill person for a disability is called the _____ per

iod.

1 answer:

VladimirAG [237]4 years ago

5 0

The answer you are looking for is going to the benefit period. hope that helped

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Treasury Stock Transactions SprayCo Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On M

Thepotemich [5.8K]

Answer: Please see explanation column for answers.

Explanation:

a)Journal to record the transactions of SprayCo Inc.

Date Account Debit Credit

march 9 Treasury stock (62,000 x $51) $3,162,000

Cash $3,162,000

June 9 Cash (48,000 x $60) $2,880.000

Treasury stock (48,000 x $51) $2,448,000

Paid in Capital from sale of treasury stock $432,000

($2,880.000- $2,448,000 )

Nov 13 Cash (7,500 x $54) $405.000

Treasury stock (7,500 x $51) $382,500

Paid in Capital from sale of treasury stock $ 22,500

($405,000- $382,500 )

b)balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year =$432,000 form June 9 + $ 22,500 from November 13 =$454,500

6 0

4 years ago

Photon Technologies, Inc., a manufacturer of batteries for mobile phones, signed a contract with a large electronics manufacture

777dan777 [17]

Answer:

Check the explanation

Explanation:

a) Linear program model:

Decision variables: Let

P1 = Number of PT-100 products produced at Philippines plant

P2 = Number of PT-200 products produced at Philippines plant

P1 = Number of PT-300 products produced at Philippines plant

M1 = Number of PT-100 products produced at Mexico plant

M2 = Number of PT-200 products produced at Mexico plant

M3 = Number of PT-300 products produced at Mexico plant

Objective: Min (0.95+0.15)P1 + (0.98+0.15)P2 + (1.34+0.15)P3 + (0.98+0.08)M1 + (1.06+0.08)M2 + (1.15+0.08)M3

or,

Min 1.10P1 + 1.13P2 + 1.49P3 + 1.06M1 + 1.14M2 + 1.23M3

s.t.

P1 + M1 ≥ 200,000

P2 + M2 ≥ 100,000

P3 + M3 ≥ 150,000

P1 + P2 ≤ 175,000

M1 + M2 ≤ 160,000

P3 ≤ 75,000

M3 ≤ 100,000

P1, P2, P3, M1, M2, M3 ≥ 0

(b) Solution of the linear program using Excel Solver can be seen in the first attached image below.

Formula: H2 =SUMPRODUCT(B2:G2,$B$11:$G$11) copy to H2:H9

Optimal Solution:

Decision Variable Value

P1 40000

P2 100000

P3 50000

M1 160000

M2 0

M3 100000

Total production and shipping cost = $ 524,100

Sensitivity report can be seen in the second attached image below.

Referring to above sensitivity analysis,

(c) Allowable decrease in objective coefficient of P1 is 0.04 therefore production and/or shipping cost per unit has to decrease by $ 0.04 to produce additional units of PT-100 in Philippines plant.

(d) Allowable decrease in objective coefficient of M2 is 0.05 therefore production and/or shipping cost per unit have to be decreased by $ 0.05 to produce additional units of PT-200 in Mexico plant.

4 0

3 years ago

Read 2 more answers

The following information relates to the pension plan for the employees of Turner Co.: 1/1/20 12/31/20 12/31/21 Projected benefi

Reptile [31]

Answer:

The amount of AOCI (net gain) amortized in 2021 is $26,250

Explanation:

In order to calculate the calculate the amount of AOCI (net gain) amortized in 2021 we would have to use the following formula:

amount of AOCI (net gain) amortized in 2021=(AOCI net gain 12/31/20-Corridor amount for 2021)/Average remaining service life

AOCI net gain 12/31/20=$1,512,000

Corridor amount for 2021=$1,092,000=10,920,000*10%

Average remaining service life=16

Therefore, AOCI (net gain) amortized in 2021=($1,512,000-$1,092,000)/16

AOCI (net gain) amortized in 2021=$26,250

5 0

3 years ago

It will cost $6,000 to acquire an ice cream cart. Cart sales are expected to be $3,600 a year for three years. After the three y

vitfil [10]

Answer: 1.67 years

Explanation:

Pay back period calculates the amount of years the cumulative cash flows from an investment equals the amount of money invested.

The table attached explains how the payback was calculated.

The $3600 cost of the cart would be recouped between the first and second years. Therefore, it would be calculated as 1 year + $2400 / $3600 = 1.67 years

I hope my answer helps you.

6 0

3 years ago

A vice president of operations wants to evaluate the impact of reducing manufacturing expenses on the firm's return on assets. W

frosja888 [35]

Available Options Are:

a. Cost of Goods Sold

b. Net Profit Margin

c. None of these

d. Asset Turnover

Answer:

Option B. Net Profit Margin

Explanation:

The increase or decrease in cost of Goods sold can not tell whether the return on assets has increased or decreased becuase it would only tell that the expense are decreased or increased not the profit. Which means it only tells one side of the story hence Option A is incorrect.

Option B is correct because it talks about the profit. If the manufacturing cost has been decreased then the it must increase the profit. Because if the profits has increased then the return on asset will increase. Hence the Option B is correct here.

Option D is incorrect because asset turnover formula is:

Asset Turnover = Sales / Total Assets

The decrease in manufacturing cost will not increase the sales because sales and total assets are independent of manufacturing expenses hence the Option D is incorrect.

3 0

4 years ago