All categories

3 years ago

Suppose nanospeck, a biotechnology firm, is selling bonds to raise money for a new lab—a practice known as

1 answer:

8 0

The practice of selling bonds to raise money is called EQUITY.
Equity is a stock that represents an ownership interest in a company. Buying an equity from a company will give one partial ownership of that company. In future if the company want to close down, the stockholders will be paid first.<span />

You might be interested in

Can anyone please tell me the right answer

olganol [36]

Commit to buy more in the future

5 0

3 years ago

Wang Distributors has an annual demand for an airport metal detector of 1,400 units. The cost of a typical detector to Wang is $

ololo11 [35]

Thank you for posting your question here. I hope the answer helps.
If Ping Wang, the owner, orders in quantities of 300 or more, he can get a 5% discount on the cost of the detectors. I think yes, Wang <span>should take the quantity discount.</span>

8 0

3 years ago

Read 2 more answers

Garden Zurich Corp. manufactures garden fountains. It currently has two product lines, the basic and the luxury. Garden Zurich h

wolverine [178]

Answer:

Garden Zurich Corp.

a. Traditional costing system with machine hours as the cost driver:

Overhead rate = $171,500/10,000 = $17.15

Overhead assigned to each product line:

Basic = $85,750 ($17.15 * 5,000)

Luxury = $85,750 ($17.15 * 5,000)

b. Activity rates for each cost pool:

Materials handling = $200 ($14,000/70)

Quality control = $100 ($37,500/375)

Machine maintenance = $120 ($120,000/1,000)

Explanation:

a) Data and Calculations:

Total overhead = $171,500

Basic Luxury

Direct costs $200 $300

Selling price 500 750

Contribution $300 $450

Production units 800 500

Activity Cost Cost Driver Cost Assigned to Pool Quantity/Amount

Pools Basic Luxury

Materials handling Number of moves $14,000 20 50 moves

Quality control Number of inspections $37,500 250 125 inspec.

Machine Number of machine

maintenance hours $120,000 5,000 5,000 m.hour

Total overhead costs $171,500

4 0

2 years ago

What might you send to people who buy a house with no water?

g100num [7]

It is a well-known fact that water is a basic need of a human being in order to survived. Generally, a person is known to survive for only 3 days without water. Thus, the best thing that I would send to a person who bought a house with no water is any amount of water which will allow them to survive until they procure their own supply.

4 0

3 years ago

What is the difference between the value of a firm's final product and the value added by the firm to the final product?

sweet [91]

Answer:

The value of a firm's final product is the selling price whereas value added refers to the addition of value to the raw material (intermediate products).

Explanation:

The term "value added" describes the enhancement a company gives to its product before offering it to the customer. It can be considered as an extra special feature added by a company to increase the value of a final product.

3 0

3 years ago