Answer: Will report a liability of $5000 for judgement debt and a claim of $11,000
Explanation:
The liability refers to the obligations of the firm which are certain is going to make payment as compensation.
The $5000 liability, although payment has not been made it's already Incurred by the company under the acural concept.
The claim of $11,000 is only probable and not certain even though amount and time of execution can be estimated, since it's not certain it will only be recorded as a claim in the goverments fund balance sheet.
Answer:
The expected price for the stock is $36
Explanation:
The price earning multiple is a measure that provides the information regarding how much are the investors willing to pay for each $1 of earnings per share. The formula for price earnings multiple is,
P/E = Price per share / Earnings per share
Based on the information, the P/E multiple for XYZ is,
P/E = 30 / 2.5 = 12
Using this price / earnings multiplier, we calculate the price at which the stock will trade as,
12 = Price per share / 3
12 * 3 = Price per share
Price per share = $36
Answer:
a. $149.00
b. $217.00
Explanation:
Variable Costing
Product Cost under Variable Costing = Variable Manufacturing Costs Only
Total Variable Manufacturing Cost = $610,900
Unit Cost = Total Cost / Units Manufactured
= $610,900 / 4,100 units
= $149.00
Variable Costing
Product Cost under Absorption Costing = Variable Manufacturing Costs + Fixed Manufacturing Costs.
<u>Total Absorption Cost Calculation</u>
Total Variable Manufacturing Cost $610,900
Fixed manufacturing costs $278,800
Total Absorption Cost $889,700
Unit Cost = Total Cost / Units Manufactured
= $889,700 / 4,100 units
= $217.00
Answer:
periodt & daelin a pretty name
Explanation:
Answer:
87%
Explanation:
The computation of the likelihood for high demand is as follows:
Given that
The high consumer demand probability = P(H) = 0.6
The low consumer demand probablity = P(L) = 0.2
The Probability of favorable survey response given high consumer demand = P(F ÷ H) = 0.9
And,
Probability of favorable survey response given low consumer demand = P(F ÷ L) = 0.2
Now, determine the probability of high demand that the market report is favorable = P(H ÷ F)
P(H ÷ F) = (P(F ÷ H) × P(H)) ÷ (P(F ÷ H) × P(H)) + (P(F ÷ L) × P(L))
= ((0.9) × (0.6)) ÷ ((0.9 × 0.6) + (0.2 × 0.4))
= 0.87096
= 0.87096 × 100
= 87%