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3 years ago

EB1.

Business

1 answer:

sammy [17]3 years ago

4 0

Answer:

For answer,please see explanation.

Explanation:

The following statements describe the reporting by Managerial accounting function of the organization:

The users of the report are managers who need a daily summary of work done each shift.

The report is a job cost sheet for jobs completed in a 24-hour period.

The report is prepared every day because the customer service manager needs information about inventory ready to be shipped to customers.

The following statements describe the reporting by Financial accounting function of the organization:

The annual report is released each year on the companyâ€™s website.

The report is audited by the companyâ€™s certified public accountant firm.

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Ben and Jerry were shareholders of Water Ice Inc., an S corp. On Jan. 1, 1998, Ben owned 40 shares and Jerry owned 60 shares. Be

expeople1 [14]

Answer: $15,060

Explanation:

From the question, we are informed that Ben and Jerry were shareholders of Water Ice Inc., an S corp. On Jan. 1, 1998, Ben owned 40 shares and Jerry owned 60 shares.

We are further told that Ben sold his shares to Joe for $10,000 on March 31, 1998 and that the corp. reported a $50,000 loss at the end of 1998. The loss that will be allocated to Joe will be:

= $50,000 × 40% × 9/12

= $50,000 × 0.4 × 0.75

= $15,000

The closest figure we have close to that is $15,060 which is option B

7 0

3 years ago

A manufacturer of hospital supplies has a uniform annual demand for 320 comma 000 boxes of bandages. It costs $10 to store one

mash [69]

Answer:

100 times per year

Explanation:

Data provided in the question:

Annual Demand , D = 320,000 boxes

Cost of storing one box, C = $10

Plant set up cost for production, c = $160

Now,

The optimal ordering quantity = $\sqrt\frac{2cD}{C}$

The optimal ordering quantity = $\sqrt\frac{2(160)(32,000)}{10}$

= 3200

Therefore,

Number of timer in year company produce boxes = $\frac{\textup{Demand}}{\textup{Optimal order quantity}}$

= $\frac{\textup{320,000}}{\textup{3,200}}$

= 100 times per year

4 0

3 years ago

EPA regulations permit the release of 150 micrograms of particulate matter per cubic meter of air every 24 hours from paint shop

lesya [120]

Answer:

Legal approach of green management Utilimotors use

Explanation:

we use here Legal approach

because Legal approach is the type of green management approach and which is simply following that what is required by the law

and They try to comply with the current laws and regulations

but do not go anything further.

so here Utilimotor is using the legal approach by following the EPA regulation and ensuring to release emissions only within the permissible limit

so Legal approach of green management Utilimotor use

3 0

3 years ago

The Sealing Company has 1,500 bonds outstanding that are selling for $1,060 each. The company also has 5,000 shares of preferred

iris [78.8K]

The weight of the common stock as it relates to the firm's weighted average cost of capital is <u>35%</u>.

<h3>What is the weighted average cost of capital?</h3>

The weighted average cost of capital computes a firm's cost of capital based on the firm's average cost of capital from all sources: common stock, preferred stock, bonds, and other forms of debt.

The weight of the common stock can be determined by dividing the common stock market value by the total capitalization from all sources.

<h3>Data and Calculations:</h3>

Outstanding:

Bonds payable = $1,590,000 (1,500 x $1,060)

Preferred stock = $160,000 (5,000 x $32)

Common stock = $936,000 (36,000 x $26)

Total debts and equity = $2,686,000

Weight of common stock = 35% ($936,000/$2,686,000 x 100)

Thus, the weight of the common stock as it relates to the firm's weighted average cost of capital is <u>35%</u>.

Learn more about the weighted average cost of capital at brainly.com/question/14703616

4 0

2 years ago

Which of the following is a critical dilemma when implementing fiscal policy in reference to timing lags?

densk [106]

B) Fiscal policy requires a short and contentious legislative process

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3 years ago