Answer:
The given condition is an example of:
A. Menu costs
Explanation:
In the given question mentioning data is that
Jake is been managing a grocery store in any country which is experiencing high rate of inflation. He is mentioned to be paid in cash.
On his very payday he went outside immediately and bought as many goods as he could for himself as he was going to get his pay today and was needing those items.
So, he thought of buying all the items he is needing as for the next two weeks in order of prevention of the money in his wallet from losing value due to high inflation rates.
And at last what he couldn't spend on buying for all that amount he converted that amount into most stable foreign currency for being used as a steep fee.
So all this were an example of :
A. Menu costs
Answer:
Explanation:
GDP is used to measure the Economic welfare or standard of living in the people when it is measured per capital terms. The short coming with GDP is that it does not show the true economic welfare or standard living of people in the society as GDP is calculated as whole for whole population prevalipre in the country which includes all level of income people. In any country there will be rich , poor and middle class.
Using GDP for finding social welfare it tells whether the country standard of living is increasing or not but it will not tell specially abpab poor and middle class. Any country standard of living goes up only if the poverty in the country eradicate. Thus GDP have a short coming of not finding the true social welfare or standard of living which is in the society.
There is nothing we can do to find the exact condition of society but government can implement policies to provide a better living for people who are in poverty.
Answer:
inventory 50,000 debit
accounts payable 50,000 credit
--to record purchase of goods--
accounts payable 50,000 debit
notes payables 50,000 credit
--to record teh issued promissory note to setle the account--
cash 50,000 debit
discount on note payable 4,000 debit
notes payable 54,000 credit
--to record the discounted note--
Explanation:
a) we record the purchase as always.
b) we are trading a liability for another. We do not receive for the note.
c) we discount on the note and we are goind to declare the interest expense at maturity or year-end against this discount.
Answer:
the allocated direct manufacturing overhead costs of Job 56 is $25
Explanation:
Overheads in manufacturing process are allocated to jobs or products using cost drivers or surrogates.
<em><u>First Step : Determine the Pre-determined Overhead rate</u></em>
Pre-determined Overhead rate = Budgeted Overheads / Budgeted Activity
= $2,000 / 800
= $ 2.50 per labor hour
<em><u>Step 2 : Determined the Amount of Overhead allocated to Job 56 based on labor hours utilised</u></em>
Overhead for Job 56 = Pre-determined Overhead rate × Hours Used
= $ 2.50 × 10
= $25
Answer:
The stock’s value per share is $10.42
Explanation:
For:
FCF1 = Expected cash flow of the firm
= $25 million
WACC = 10%
g = 4%
Firm value = FCF1/(WACC - g)
= 25,000,000/(0.10 - 0.04)
= $416,666,666.67
We know that there is no debt & preferred stock, so the firm value will be equal to Equity value
:
Firm value = Equity value
= $416,666,666.67
stock value per share = Equity Value/No. of share outstanding
= $416,666,666.67/40,000,000
= $10.42 per share
Therefore, The stock’s value per share is $10.42
