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The largest royalty for texas university endowment comes from which economic product?

Paul [167]

Here is the answer. The largest royalty for Texas university endowment comes from the economic product which is Oil and Gas. <span>In recent times, the oil and gas royalties created one of the largest university endowments for all University of Texas and Texas A&M schools. Hope this helps.</span>

4 0

3 years ago

On July 1, Year 4, Pell Co. purchased Green Corp. 10-year, 8% bonds with a face amount of $500,000 for $420,000. The bonds are c

gayaneshka [121]

Answer:

$21,800

Explanation:

The computation of 4-year revenue is as shown below:-

Bond Income of 4th Year = Face amount × Bond × 1 ÷ 2

= $500,000 × 8% × 1 ÷ 2

= $20,000

Interest Revenue = Bond Income + Amount of Discount Amortized

= $20,000 + $1,800

= $21,800

Therefore for computing the interest revenue we simply bond income with the amount of discount amortized.

6 0

3 years ago

For the year ended december 31, 2019, davidson mart had sales of $800,000 and cost of goods sold of $600,000. davidson estima

Degger [83]

Adjusting journal entry on December 31, 2019 is as follows:
Debit - Sales Returns and allowances - 16,000.00
Credit - Accounts Receivable - 16,000.00

5 0

3 years ago

Suppose you know that a company’s stock currently sells for $56 per share and the required return on the stock is 10 percent. Yo

Elenna [48]

Answer:

$2.8 divdends per share

Explanation:

$56 market price

Rate of return 10%

The gain for an investment in stocks is:

$\frac{DividendsYield+SharePriceVariation}{Investment} = $Return on Investemnt$

In this case we are told that this is distribute evenly, this means:

dividends paid = market price gain

So dividends yield 5% and market price yields another 5% to achieve the 10%

So currently $56 market price x 0.05% = $2.8 divdends per share

5 0

3 years ago

Determine the value-added, non-value-added, and total lead times, and the value-added ratio under the present and proposed produ

AleksAgata [21]

Answer:

Hello some parts of your question is missing attached below is the missing part

Answer : value added times : 30 minutes , 30 minutes

non-value added times: 1210 minutes, 130 minutes

Total lead times : 1240 minutes, 160 minutes

value added time as a ratio: 2.4%, 18.8%

Explanation:

Given data:

production batch sizes = 40 units

process step 1 = 6 minutes

process step 2 = 10 minutes

process step 3 = 6 minutes

process step 4 = 8 minutes

Determining : The value added, non-value added , total lead times and value added ratio under the present and proposed production approaches

UNDER PRESENT PRODUCTION APPROACH

Th value added time:

= summation of all process times = (6+10+6+8) = 30 minutes

Non-value added time:

= Value added time *(Batch size -1) + move time between each step

= 30*39+8*5

= 1170 +40 = 1210 minutes

total lead time :

= value added time + non-value added time

= 30 + 1210 = 1240 minutes

value added time as a percentage/ratio

(value added time / total lead time) * 100

= 30 / 1240 * 100 = 2.4%

UNDER PROPOSED PRODUCTION APPROACH

value added time :

= summation of all process times = (6+10+6+8) = 30 minutes

Non-value added time :

= Value added time *(Batch size -1) + time between each step

= 30*4+2*5 = 120 + 10 = 130 mins

total lead time :

= value added time + non-value added time = 30 +130 = 160 mins

value added time as a percentage/ratio:

(value added time / total lead time ) * 100

= (30 / 160) * 100 = 18.8%

3 0

4 years ago