Jan pays $70 each month for her auto insurance policy. This regular payment is called a

Differential Analysis for Further Processing

ArbitrLikvidat [17]

Answer:

Dominican Sugar Company

1. Differential Analysis as of March 24:

Raw Sugar Refined Sugar

Alternative 1 Alternative 2 Difference

Sales volume 42,000 33,600

Selling price per pound $1.40 $2.20

Sales revenue $58,800 $73,920 $15,120

Materials requirement 100,000 42,000

Output from process 42,000 33,600

Unit cost $0.35

Cost of materials $35,000 $35,000

Cost of further refining $21,000

Total costs $35,000 $56,000 ($21,000)

Net income $23,800 $17,920 ($5,880)

2. Based on cost implications, Dominican Sugar should not refine the raw sugar further. Further refining will cause the company $5,880 in lost income. This means that it costs more to refine the raw sugar.

Explanation:

a) Data and Calculations:

Raw Sugar Refined Sugar

Alternative 1 Alternative 2

Sales volume 42,000 33,600 (42,000/1.25)

Selling price per pound $1.40 $2.20

Sales revenue $58,800 $73,920

Materials requirement 100,000 42,000

Output from process 42,000 33,600 (42,000/1.25)

Unit cost $0.35

Cost of materials $35,000 $35,000

Cost of further refining $21,000 (42,000 * $0.50)

Total costs $35,000 $56,000

Net income $23,800 $17,920

6 0

3 years ago

Assume you are the internal controls expert for your company. Your boss has read about Madoff’s Ponzi scheme described in a page

kiruha [24]

Answer:

There are numerous estimates an organization can embrace to elevate the guidelines of inside controls, anyway not many of those are counted as under -

1. Due Diligence - nearly everybody would propose it yet the usage contrasts from organization to organization. The term incorporates wide exercises for example from improving nature of inner review to upkeeping of money related records and so on. Keeping a mind existing and old venture example would positively help in examining the reaction of speculations according to winning economic situation. Disservices of the procedure incorporate involvement of extra labor and cost.

2. Picking right Investment firms as well as Fund Manager - In the intricate business showcase which wins today, seeing the correct person appears as a troublesome activity. It is significant that we cautiously study not just the speculation designs and ensuing returns of the Investment firms/Fund Manager yet in addition foundation, capabilities and past legitimate records to show up at appropriate person for reasonable occupation. At times we pick a distrustful yet a fair person, which may prompt penance in momentary gains yet particularly in retirement assets with long haul objectives, security of assets accept need.

3. Choosing the money related items - Today there are various budgetary items accessible in the market, a significant number of them offer extravagant returns however the objectives of such monetary items must be re-adjusted to the objectives of the organization and its representatives. For the organization a nice return over since a long time ago run with high level of security is the target with regards to retirement reserves. The budgetary item should have a suitable blend of obligation, value and fluid assets and especially the part of obligation must increment with the age of a worker which will guarantee security of assets when he achieves superannuation. Drawback significantly remembers loss of profits because of less speculation for value during the last phases of vocation.

3 0

3 years ago

What is ecotourism? Write a short essay that includes the following information:

Lady_Fox [76]

Explanation:

1. For me, ecotourism seeks to protect the natural resources that we have in the present so that future generations have the opportunity to take advantage of them, while promoting social, cultural and economic growth of the local population. According to other definitions, ecotourism is an environmentally responsible tourist modality. Its purpose is to visit and enjoy relatively unalterable natural areas as well as any cultural manifestation of the present or past, with the active participation of local populations. Ecotourism includes educational and interpretive content and tries to reduce negative impacts on the natural and socio-cultural environment as much as possible.

-The Ministry of Tourism in Mexico defines Ecotourism in the following way: "they are the trips that have the purpose of carrying out recreational activities of appreciation and knowledge of nature through contact with it." From another perspective, it is a tourist product aimed at those tourists who enjoy natural history, and who want to actively support and participate in the conservation of the environment.

-The environmentalist architect and international consultant of Mexican origin, Héctor Ceballos Lascuráin, popularized in 1993 when he was included in the book “Ecotourism. The Potential and the Pitfalls ”:

"Ecotourism is an environmentally responsible tourist modality, consisting of traveling to or visiting natural areas relatively undisturbed in order to enjoy, appreciate and study the natural attractions (landscape, wild flora and fauna) of said areas, as well as any cultural manifestation ( of the present and the past) that can be found there, through a process that promotes conservation, has a low negative environmental and cultural impact and fosters an active and socioeconomically beneficial involvement of local populations. ”

Ecotourism aims to achieve the preservation and maintenance of natural ecosystems; tourism plays its role as a supplier of oil economic that directly benefits local residents. Community will provide their knowledge and services to tourists and they will benefit economically.

- Ecotourism provides jobs and income to the local population.

-Provide environmental education to tourists.

-Create funds for purchase and supplies for improvement and protection of natural areas. This is beneficial to attract future tourism.

- Motivates the preservation of the environment and the creation of new or larger national parks, biosphere reserve, preservation of forests, recreation areas, beaches and natural attractions.

Third world countries are important recipients of ecotourism. In Brazil nature trips have become one of the new and more great markets of economic income of the country. In south-central Africa, the Rwanda's ecotourism is the third largest source of resources economic.

6 0

3 years ago

When the lorillard tobacco company places ads discouraging teenagers from smoking, they are using which type of institutional ad

Aleksandr-060686 [28]

This is a de-marketing strategy through ads, which are assumed to be digital ads. The assumption is that the digital ad would reach the target audience of teenagers to discourage smoking. This type of marketing campaign shows the tobacco company in a 'responsible' light to the consumer. By discouraging underage use, the consumer can assume that this must be a good company and is honest in their marketing.

3 0

3 years ago

Longhorn Corporation provides low-cost food delivery services to senior citizens. At the end of the year, the company reports th

RUDIKE [14]

Answer:

The income statement, statement of stockholders' equity, and balance sheet for Longhorn Corporation is given below.

The income statement

Sales Revenue $ 67,700

COGS ($ 53,400)

Delivery expenses ($ 2,600)

Salary expenses ($ 5,500)

Net profit $ 6,200

Balance Sheet

Asset

Cash $ 1,200

Equipment $ 29,000

Building $ 40,000

Supplies $ 3,400

Total Assets $ 73,600

Equity

Common Stock $ 44,000

Retain earning $ 24,400

(18,200 + 6,200)

Liability

Account Payable $ 4,400

Salaries payable $ 8,00

Total Liabilities $ 73,600

Statement of Stockholders

Opening common Stock $ 40,000

Addition $ 4,000

Closing common Stock $ 44,000

Retain earning Opening $ 18,200

Net profit $ 6,200

Retain profit Closing $ 24,400

Total Equity $ 68,400

4 0

3 years ago