Answer:
Incremental income from reworking the phone is $49,300
Explanation:
Scrap Rework
Sales $46,400 $214,600
<em>(32 * 1,450) (148 * 1,450)</em>
<em />
- Rework costs 0 $118,900
<u> </u><em><u>(82 * 1,450)</u></em>
Profit <u>$46,400 $95,700</u>
Incremental income from reworking the phone
= $95,700 - $46,400
= $49,300
Answer:
Both the trail mix and granola bars are tied products since the selling of one of the (the popular trail mix) is tied to the selling of the other product (the less popular granola bars).
Companies do this taking advantage of a very popular product, in order to either increase the sales of a less popular product or simply to get rid of the remaining inventories of some other product.
Answer:
The sustainable Growth Rate is 15.46%
Explanation:
Return on equity= (Net income/Equity Shareholder's Fund) * 100
= ($19,789 / $83,200) * 100
= 23.78%
Payout ratio is 35%.
Therefore, Retention Rate is 65% or 0.65
Sustainable Growth Rate = Return on Equity * Retention Rate
= 23.78% * 0.65 =
= 0.2378 * 0.65
= 0.15457
= 15.46%
Thus, the sustainable Growth Rate is 15.46%
Answer:
Net cashflow = Net income + Depreciation
Net cashflow = 3,100,000 + 500,000 = 3,600,000 dollars
Explanation:
Net cashflow equals net income plus depreciation.
Audit fraud
Explanation:
The process whereby a firm inflates sales or earnings or deflates expenses in its financial reporting is called a fraud. The firm is engaging in a fraudulent process.
- Most times, a company income statement is used in reporting sales, earnings and expenses.
- It is one key and important financial tool a company possesses.
- When the figures in this tool is altered, it is right to call in a fraud.
- Fraud is the deliberate act of concealing or altering facts in order to represent a person, or company well.
- The act described in this problem is a typical case of fraud.
- An auditor is trained to figure out this kind of act in a company's financial record.
Learn more:
Fraud brainly.com/question/2551027
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