A success biologists main interest area would be

Why is it important to start with temporary investments that lead to permanent investments

shepuryov [24]

These investments are commonly used when a business has a short-term excess of funds on which it wants to earn interest, but which will be needed to fund operations within the near future. These types of investments are usually very safe, but also have quite a low rate of return.

4 0

2 years ago

Suppose that the wage rate is $30 per hour, and the firm sells each unit of output for $6. Using the data from Table 7.3, how ma

polet [3.4K]

I found this data from Table 7.3
 Labor Input Output
 0 0
 1 40
 2 70
 3 90
 4 100
 5 105
 6 108

Labor Cost = Labor Input x 30
Output Sales = Output x 6
Revenue = Sales - Cost

 Labor cost Output Sales
 0 0
 30 240
 60 420
 90 540
 120 600
 150 630
 180 648

 Labor Input Output Labor cost Output Sales Revenue
 0 0 0 0 0
 1 40 30 240 210
 2 70 60 420 360
 3 90 90 540 450
 4 100 120 600 480
 5 105 150 630 480
 6 108 180 648 468

Labor Unit 4 and 5 both have a revenue of 480. It is the maximum revenue. I think the best option would be C. 4 UNITS.

Lesser cost to the company at a maximum revenue.

6 0

3 years ago

In its first month of operation, Tamarisk, Inc. purchased 230 units of inventory for $8, then 330 units for $9, and finally 270

aivan3 [116]

Answer:

Phantom profit= $500

Explanation:

Giving the following information:

Purchased: 230 units for $8

Purchased: 330 units for $9

Purchased: 270 units for $10.

At the end of the month, 310 units remained.

The method with the highest ending inventory will result in the lowest cost of goods sold.

First, we need to calculate the ending inventory under FIFO method.

FIFO (first-in, first-out):

Ending inventory= 270*10 + 40*9= $3,060

Now, we calculate the ending inventory under the LIFO method and compare it with FIFO.

LIFO (last-in, first-out)

Ending inventory= 230*8 + 80*9= $2,560

Phantom profit= 3,060 - 2,560= $500

8 0

3 years ago

A company had net income of $252,327. Depreciation expense is $21,821. During the year, Accounts Receivable and Inventory increa

Anettt [7]

Answer: Option (d) is correct.

Explanation:

Given that,

Net Income = $252,327

Depreciation expense = $21,821

Accounts Receivable increased by = $14,346

Inventory increased by = $33,617

Prepaid Expenses decreased by = $3,079

Accounts Payable decreased by = $4,161

Loss on the sale of equipment = $5,398

Operating Income = Net Income + Depreciation expense - Accounts Receivable - Inventory + Prepaid Expenses - Accounts Payable + Loss on the sale of equipment

= $252,327 + $21,821 - $14,346 - $33,617 + $3,079 - $4,161 + $5,398

= $230,501

7 0

3 years ago

A.Red Company has excess cash to invest and pays Ş 50.000 to buy Ş 50.0000 face value, % 5 five-year B Company’s bonds July 1, 2

likoan [24]

Answer:

Dr Bond investment $50,000

Cr cash $50,000

Dr cash $1,250

Cr interest revenue $1,250

Dr cash $50,000

cr bond investment $50,000

Explanation:

On July 1 2019,Red company would have parted with cash of $50,000 which means that cash account should be credited with $50,000 while bond investment account is debited with same amount

On receipt of first interest payment of $1,250 (5%*$50,000*1/2) cash is debited with $1,250 while interest revenue is credited with the same amount.

Upon receipt of face value at redemption,the journal entry would be opposite of the initial one

4 0

2 years ago