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Alina [70]
3 years ago
13

JJ Enterprises has current assets of $10,406, long-term debt of $4,780, and current liabilities of $9,822 at the beginning of th

e year. At year end, current assets are $11,318, long-term debt is $5,010, and current liabilities are $9,741. The firm paid $277 in interest and $320 in dividends during the year. What is the cash flow to creditors for the year? Group of answer choices -$53 $53 $47 -$47
Business
1 answer:
shusha [124]3 years ago
5 0

Answer:

$47

Explanation:

JJ Enterprises

Interest $277

long-term debt i$5,010,

long-term debt of $4,780,

Therefore;

CFC = $277 −($5,010 −4,780)

CFC = $47

Thus the cash flow to creditors for the year is $47

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Hurte-Paroxysm Products, Inc. (HP) of the United States exports computer printers to Brazil, whose currency, the reals (symbol R
Kaylis [27]

Answer:

Hurte-Paroxysm Products, Inc. (HP)

The short-run impact of each pricing strategy is as follows:

                                           Alternative 1                      Alternative 2

                             Reduce Price to $170     Maintain Price of $200

Gross profit                        $2,500,000               $3,200,000

Reduction in Gross Profit   $1,500,000                  $800,000

b. (2) maintain the same dollar price of $200, raise the real price in Brazil (to R$800 from R$680)to compensate for the devaluation, and experience a 20% drop in volume.

c. If HP maintains the same real price and same unit volume, the firm's gross profits will be $2,500,000.

Explanation:

a) Data and Calculations:

Exchange rate = R$3.40/US$

Current exports of printers per year to Brazil = 50,000

US unit price of printer in dollars = $200

Brazil unit price of printer in R$ equivalent = R$680 ($200 * R$3.40)

Unit price of printer in R$ when reals is devalued = R$800 ($200 * R$4.00)

The reduced dollar price with devaluation, when real price is maintained = $170 (R$680/R$4.00)

Before Devaluation of Brazil's Real (R$):

Sales volume            50,000

Sales revenue $10,000,000 (50,000 * $200)

Direct costs         6,000,000 (50,000 * $120)

Gross profit       $4,000,000

                              Alternative 1                  Alternative 2

                       Reduce Price to $170     Maintain Price at $200

Sales volume                50,000                      40,000 (50,000 * 80%)

Sales revenue      $8,500,000               $8,000,000 ($200 * 40,000)

Direct costs            6,000,000                  4,800,000 ($120 * 40,000)

Gross profit         $2,500,000                $3,200,000 ($80 * 40,000)

Direct costs = $6m ($120 * 50,000)        = $4.8m ($120 * 40,000)

8 0
3 years ago
American apparel makers complain to Congress about competition from China. Congress decides to impose either a tariff or a quota
Ugo [173]

Answer:

Quota is preferred by the Chinese apparel manufacturers.

Explanation:

The reason is that the China has an competitive advantage of less costly workers and also that they are highly competitive in terms of prices. Usually the quality of American’s products are far much better in quality and technology. This means if the tariffs are imposed on Chinese products then their are huge revenue losses to Chinese apparel manufacturers. Whereas quota will enable them to sale their products to America which shows lower revenue losses.

So quota is far much better for Chinese manufacturer’s in case if America decides to use protectionist approach, I mean America decides to imposed trade barriers for Chinese companies to protect American companies.

7 0
3 years ago
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Kamila [148]
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3 0
3 years ago
A country experiences a fall in unemployment. How would this be shown on a PPC
vovangra [49]

A country experiences a fall in unemployment. This be shown on a PPC diagram  A shift of the PPC to the right.

Inside the given question, unemployment implies inefficient use of resources. thus, if there may be unemployment or inefficient use of sources in an economy then the factor on the percent will shift below the %.

In a production possibility curve, unemployment can be proven as a factor in the curve. all of the points on the curve display that every one of the assets inside the economy is being fully applied in a green manner.

A lower inside unemployment charge will not alternate the PPC itself because real manufacturing inside us turned beneath the PPC while the unemployment price became excessive. The lower unemployment will increase actual manufacturing again to a stage at the PPC successfully using all resources.

Learn more about unemployment here:-brainly.com/question/305041

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6 0
1 year ago
The Howell Company has prepared a sales budget of 40 comma 000 finished units for a​ 3-month period. The company has an inventor
babymother [125]

Answer:

Purchases=  123,000 gallons

Explanation:

Giving the following information:

Sales:

40,000 finished units for 3 months.

Finished goods inventory:

Beginning inventory= 11,000 units

Desired ending inventory= 13,000 units

It takes 3 gallons of direct materials to make one unit of finished product.

Direct material inventory:

Beginning inventory= 61,000 gallons

Desired ending invenyory= 58,000 gallons

<u>First, we need to calculate the production for the period:</u>

Production= sales + desired ending inventory - beginning inventory

Production= 40,000 + 13,000 - 11,000

Production= 42,000 units

<u>Now, we can calculate the purchases:</u>

Purchases= production + desired ending inventory - beginning inventory

Purchases= 42,000*3 + 58,000 - 61,000

Purchases=  123,000 gallons

7 0
3 years ago
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