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4 years ago

10

When deciding to collect sample information rather than collecting information from the population, the amount of time required

to collect the information is unimportant.
a. True

b. False?

2 answers:

Xelga [282]4 years ago

6 0

True. L. L. L. L. L. L. L

rewona [7]4 years ago

5 0

This is false.

In the decision to choose to collect a sample versus the population, saving time and resources is the major factor.

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A company had the following purchases and sales during its first year of operations: Purchases Sales January: 10 units at $120 6

Vesna [10]

Answer:

$3540.

Explanation:

FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold

Ending inventory comprises of goods bought in May, September and November

cost of the ending inventory :

(4 x $130) + (12 x $135) + (10 x$140) = $3540

6 0

3 years ago

Cute Camel Woodcraft Company just reported earnings after tax (also called net income) of $9,750,000 and a current stock price o

Assoli18 [71]

Answer:

Explanation:

a)

earning per share = Net income / outstanding shares

= $9,750,000 / 5,500,000 = $1.77

price earning ratio = Current stock price \ earning per share

= $39.50 \ $1.77 = 22.32

new Earning per share = Net income / outstanding shares

= $9,750,000 * 125% / 8,400,000 = $1.45

the stock price after one year would be

= Price earning ratio * New earning per share = 22.32 * $1.45 = $32.36

b)

Market to book ratio = Market value/ book value

Market value = Share price * number of outstanding shares

= $47.12 * 8,400,000 shares = $395,808,000

book value is $54,364,800

M/B = $395,808,000 / $54,364,800 = 7.28 times

Is it possible for a company to exhibit a negative EPS and thus a negative P/E ratio?

Yes, if company is having losses

7 0

3 years ago

Hyu Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginning of th

Free_Kalibri [48]

Answer:

The predetermined overhead rate for the recently completed year was $25.33

Explanation:

The formula to compute the predetermined overhead rate is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

where,

Total estimated manufacturing overhead = Estimated total fixed manufacturing overhead + estimated variable manufacturing overhead rate × estimated labor hours

= $1,230,440 + $3.12 × 55,400 hours

= $1,230,440 + $172,848

= $1,403,288

Now put these values to the above formula

So, the rate would equal to

= $1,403,288 ÷ 55,400 hours

= $25.33

8 0

3 years ago

Reagan Corp. acquired one hundred percent of Ford Inc. on January 1, 2016, at a price in excess of the subsidiary's fair value.

Artyom0805 [142]

Answer:

B. $497,000

Explanation:

Consolidated Balance of Equipment

Excess value at the acquisition $110,000

($350,000-$240000)

Book value as on Dec 31 2018 of Ford $170,000

Book value as on Dec 31 2018 of Regent $250,000

Less: excess depreciation <u>-$33,000 </u> ($110,000/10*3)

Consolidated balance of equipment <u>$497,000</u>

3 0

3 years ago

Companies prefer that their working capital is a positive amount rather than a negative amount. True or false

Roman55 [17]

Answer:

True

Explanation:

The working capital is the difference between the current assets that is used in daily operations e g cash to current liabilities that are to be met in daily operations e g suppliers credit.

It's better kept at ratio 2:1 for the Company to continuously meets his obligations in order to ensure perpetuity.

5 0

3 years ago