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3 years ago

‘Bottom of the pyramid’ innovation refers to ancient Egyptian approaches to new

1 answer:

3 0

<span>False. The bottom of the pyramid innovation or 'BoP' innovation refers to people who lives at the bottom of the society generally are hard to adept to new technologies and innovations. However, in recent years, 'BoP' innovation has been proven to have a huge market.</span>

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Longobardi Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginnin

Veronika [31]

Answer:

Overhead rate= 34.24

Explanation:

Giving the following information:

Labor-hours for the upcoming year at 38,600.

The estimated variable manufacturing overhead was $5.90.

The estimated total fixed manufacturing overhead was $1,093,924.

Overhead rate= Estimated indirect cost/allocation measure

Overhead rate=[(38600*5.90+1093924)]/38600= 34.24

8 0

3 years ago

Vino Winery is considering the purchase of a state-of-the-art bottling machine. The new machine will cost $20,790 and will have

jolli1 [7]

Answer:

the internal rate of return is 6%

Explanation:

The computation of the internal rate of return is shown below;

Given that

Years Cash flows

0 -$20,790

1 $6,000

2 $6,000

3 $6,000

4 $6,000

Now apply the following formula i.e..

= IRR()

After applying the above formula, the internal rate of return is 6%

6 0

3 years ago

Which of the following bonds has the greatest price risk? A 10-year $100 annuity. A 10-year, $1,000 face value, zero coupon bond

kogti [31]

Answer:

A 10-year, $1,000 face value, zero coupon bond.

Explanation:

Zero coupon bonds are sold at a deep discount, and do not pay coupons, only pay the full par value price at maturity.

Zero coupon bonds are riskier than other types of bonds because they are subject to interest tax risk: this means that even if the bond does not pay coupons, the IRS still computes an imputed interest that the bond would have received, and charges an income tax over it.

If the bondholder of a zero coupon sells the bond before maturity, the risk of having paid more in both income taxes on imputed intersest, plus the initial price of the bond itself, than the gain from the sale, is very high.

5 0

3 years ago

May 11 sydney accepts delivery of $40,000 of merchandise it purchases for resale from troy: invoice dated may 11; terms 3/10, n/

k0ka [10]

Answer:

Journal entries for Sydney (buyer)

May 11. Merchandise is accepted.

Dr Merchandise inventory 40,000

Cr Accounts payable 40,000

May 11. Shipping costs.

Dr Merchandise inventory 345

Cr Cash 345

May 12. Returned merchandise.

Dr Accounts payable 1,400

Cr Merchandise inventory 1,400

May 20. invoice paid within discount period.

Dr Accounts payable 38,600

Cr Cash 37,442

Cr Purchase discounts 1,158

Journal entries for Troy (seller)

May 11. Sold merchandise.

Dr Accounts Receivables 40,000

Dr Cost of Goods Sold 30,000

Cr Sales revenue 40,000

Cr Merchandise inventory 30,000

May 12. Returned merchandise.

Dr Sales returns and allowances 1,400

Dr Merchandise inventory 1,050

Cr Accounts receivables 1,400

Cr Cost of goods sold 1,050

May 20. Invoice paid.

Dr Cash 37,442

Dr Sales discounts 1,158

Cr Accounts receivables 38,600

7 0

3 years ago

A customer sells your company a defective part. The part is put into your product, rendering it defective. What will most likely

Lostsunrise [7]

Answer: Your customer will likely blame you for the defect, not the supplier.

Explanation:

The customer would certainly blame me the seller for the defect, because I was the one that sold the goods to the customer, also the customer is not aware of what transpired between the seller and the supplier. Therefore the seller would have to on his part, lay some complaint to the supplier.

7 0

3 years ago