Answer:
Explanation:
Estimate quantities and resources correctly to.
Answer:
Dynamic Weight Loss Co.
DYNAMIC WEIGHT LOSS CO.
Classified Balance Sheet as of June 30, 20Y7
Assets
Current Assets:
Cash $119,630
Accounts Receivable 26,100
Prepaid Insurance 8,400
Prepaid Rent 6,000
Supplies 11,200
Total current assets $171,330
Long-term Assets:
Land 375,000
Equipment 325,900
Accumulated Depreciation (32,600) 293,300
Total long-term assets $668,300
Total assets $839,630
Liabilities and Equity
Current Liabilities:
Accounts Payable $10,830
Salaries Payable 7,500
Unearned Fees 21,000
Total current liabilities $39,330
Equity:
Common Stock 180,000
Retained Earnings 620,300
Total equity $800,300
Total liabilities and equity $839,630
Explanation:
a) Data and Calculations:
Trial Balance as of June 30, 20Y7
Account Titles Debit Credit
Cash $119,630
Accounts Receivable 26,100
Prepaid Insurance 8,400
Prepaid Rent 6,000
Supplies 11,200
Land 375,000
Equipment 325,900
Accumulated Depreciation - Equipment $32,600
Accounts Payable 10,830
Salaries Payable 7,500
Unearned Fees 21,000
Common Stock 180,000
Retained Earnings 620,300
Total $872,230 $872,230
Answer:
D) It is more economical for Baurisians to import meat than grain.
Explanation:
The argument states that meat consumption in Baurisia is steadily increasing while domestic production is not.
There are two alternatives:
- import more grains to feed more animals and produce more meat (the argument favors this option),
- or simply import more meat.
But if importing meat is cheaper than importing grains, then there is no need to import more grains in order to feed animals and later get meat from them, you just simply and directly import meat.
Answer:
5.34%
The correct option is C,5.60%
Explanation:
The are two requirements here,the first is after cost of debt for the first part of the case study and after tax cost of debt for the second part of the scenario:
1.after tax cost of debt=pretax cost of debt*(1-t)
pretax cost of debt is 9.7%
t is the tax rate at 45% or 0.45
after tax cost of debt=9.7%*(1-0.45)=5.34%
2.
The pretax cost of debt here is computed using the rate formula in excel:
=rate(nper,pmt,-pv,fv)
nper is the number of times the bond pays coupon interest which is 15
pmt is the annual coupon interest receivable by investors i.e $1000*12%=$120
pv is the current market price of the bond which is $1,136.50
fv is the face value of the bond at $1000
=rate(15,120,-1136.50,1000)
rate =10.19%
after tax cost of debt=10.19%
*(1-0.45)=5.60%
Answer:
(Q, R) = (1555, 1400)
shortage imputed = $0.388
Explanation:
Lot size-reorder point system is one of the multi period models. This system is denoted by decision variables (Q, R). This multi period model is implemented when there is uncertain demand in inventory control.
nevertheless, in the simple EOQ model, demand is known and fixed. But when the demand is random, these lot size-reorder point (Q, R) systems allow random demand.
There are two decision variables in a (Q, R) system:
Order quantity, Q and
Reorder point, R
Additional steps are attached as files