Assume the following information for Teal Mountain Corp.

Determine the future value of $21,000 under each of the following sets of assumptions (FV of $1, PV of $1, FVA of $1, PVA of $1,

Marat540 [252]

Answer:

(a) $43,656.90

(b) $33,698.70

(c) $43,967.70

Explanation:

Future Value of annuity shall be:

(a) 10% for 8 years, Semiannually compounded

In this since the interest is compounded semiannually, the effective interest rate = 10/2 = 5%

Future Value of $1 in 8 years with 10% interest compounded semiannually = 2.0789

Value of $21,000 = $21,000 $\times$ 2.0789 = $43,656.90

(b) 12% for 4 years, Quarterly Compounded

In this since the interest is compounded quarterly, that is 4 times in a year, effective interest rate = 12/4 = 3%

Future value of $1 in 4 years with 12% interest compounded quarterly = 1.6047

Value of $21,000 = $21,000 $\times$ 1.6047 = $33,698.70

(c) 36% 25 months, Monthly

In this since the interest is compounded monthly effective interest rate = 36/12 = 3%

Therefore, Future Value of $1 in 25 months @36% compounded monthly = $2.0937

Value of $21,000 = $21,000 $\times$ 2.0937 = $43,967.70

7 0

3 years ago

What are new and innovative ways for CPG companies to gather consumer data?

attashe74 [19]

The new and innovative ways for CPG companies to gather consumer data is through digital consulting, that is, surveys, monitoring of advertising, clicks and company engagement in the digital environment.

A CPG company is one that manufactures products that are regularly consumed, such as food, medicine, hygiene products, so its main objective is to maximize sales and reach the greatest number of consumers.

To achieve this goal, the company must develop a marketing strategy focused on the profile of its potential audience, their desires and needs.

Digital channels are a means of delivering focused advertising that allows the collection of relevant data to profile the consumer according to:

Demographic data
Geographic data
Consumer interest
Product research

Therefore, digital consulting is a strategy for monitoring and developing a marketing strategy focused on consumer data that will help a company to generate value, competitiveness and market positioning.

Learn more here:

brainly.com/question/8367090

8 0

3 years ago

Financial data for Joel de Paris, Inc., for last year follow:

suter [353]

Answer:

profit margin: 7.09%

Turnover:

Assets : 1.85

Account Receivable: 11.53

Inventory: 9.05

ROI: 28.94%

2.- residual income 91,395

Explanation:

sales 4,700,000

net income 333,000

profit margin:

net income / sales

333,000 / 4,700,000 = 0,070851 = 7.09%

Turnovers:

Will be sales over an asset account to calcualte how many times the assets converts to cash or rotate.

the average will be calcualte as (beginning + ending)/2

Assets turnover:

sales/average assets

sales 4,700,000

(2,505,000 + 2,585,000) / 2 = 2,545,000

Ratio: 1,8467 = 1.85

Account Receivable Turnover:

sales/ average turnover

sales 4,700,000

(344,000 +471,000)/2 = 407,500

Ratio: 11,5337 = 11.53

Inventory Turnover

Sales/ average inventory

Sales 4,700,000

(568,000 + 471,000)/2 = 519,500

Inventory turnover: 9,04716 = 9.05

ROI

net income / average equity

where:

average equity : (beginning + ending)/2

1,092,000 + 1,209,000 = 1,150,500

333,000/1,150,500 = 0,28943

Residual income:

net income - Equity x expected return

333,000 - 1,150,500 x 0.21 =

333,000 - 241,605‬ = 91,395

5 0

3 years ago

8. Hayward Industries manufactures dining chairs and tables. The following information is available: Dining ChairsTablesTotal Co

Contact [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Dining Chairs - Tables - Total cost

Machine setups: 200 - 600 - $48,000

Inspections: 250 - 470 - $72,000

Labor hours: 2,600 - 2,400

A) A single overhead rate:

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= (48,000 + 72,000) / (2,600 + 2,400)= $24 per direct labor hour

Now, we can allocate overhead based on direct labor hours:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Dining Chairs:

Allocated MOH= 24*2,600= $62,400

Tables:

Allocated MOH= 24*2,400= $57,600

B) We have to calculate an overhead rate for each activity cost pool.

Overhead rate:

Machine setups:

Estimated manufacturing overhead rate= 48,000/800= $60 per machine hour set up

Inspections:

Estimated manufacturing overhead rate= 72,000/ 720= $100 per inspection

Based on the overhead rate, we can allocate overhead to each product.

Dining chairs:

Allocated MOH= 60* 200 + 100*250= $37,000

Tables:

Allocated MOH= 60*600 + 100*470= $83,000

C) We can conclude that activity cost allocation is more accurate than using a single rate plant-wide. We can allocate costs more efficiently.

7 0

3 years ago

At the beginning of a call to the cable company, a message tells customers, “After you finish talking to our customer service re

zheka24 [161]

the answer is voluntary because its up to you take it

5 0

3 years ago

Read 2 more answers