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barxatty [35]
3 years ago
11

2. Which currency is not in the top 5 of the world?

Business
1 answer:
aleksley [76]3 years ago
5 0
Australian dollar i’m pretty sure
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You have a checking account and a separate savings account in your neighborhood bank. You’ve recently moved and gave the bank yo
gulaghasi [49]

Answer:

The correct answer is Data Inconsistency.

Explanation:

Data inconsistency refers to the omission or outdated information of a person due to various causes. On the one hand, when data that do not correspond to reality are presented in order to hide the identity or carry out illegal activities; and on the other, the non-update of data that currently differ from the past. Companies normally request information constantly, in order to reduce the inconsistencies of the previously reported data.

7 0
3 years ago
McMurphy Corporation produces a part that is used in the manufacture of one of its products. The costs associated with the produ
larisa [96]

Answer:

Opportunity cost ($481,000) is greater than the total production cost ($356,000). McMurphy corporation should produce the products by itself instead of buying from Conners Company since the production costs are lower than purchase cost

Explanation:

Determine the total cost associated with the production of the units as follows;

T=M+L+V+F

where;

T=total costs

M=direct materials cost

L=direct labor costs

V=variable factory overhead costs

F=fixed factory overhead costs

In our case;

M=$88,000

L=$127,000

V=$59,000

F=$137,000

replacing;

T=(88,000+127,000+59,000+137,000)=$411,000

Total costs=$411,000

Assuming the McMurphy avoids 55,000 fixed factory overhead cost;

Total costs=411,000-55,000=$356,000

The opportunity cost if McMurphy Corporation decides to purchase the units from Conners Company instead of producing them will be;

Opportunity cost=cost per unit×number of units

cost per unit=$37

number of units=13,000 units

Opportunity cost=37×13,000=$481,000

Opportunity cost ($481,000) is greater than the total production cost ($356,000). McMurphy corporation should produce the products by itself instead of buying from Conners Company since the production costs are lower than purchase cost

5 0
3 years ago
On November 1, 2021, Green Valley Farm entered into a contract to buy a $150,000 harvester from JohnDeere. The contract required
Sati [7]

Answer:

Journal Entry

Explanation:

The Journal Entry is shown below:-

Cash Dr,                                       $150,000

    To Unearned sales revenue              $150,000

(Being receipt of cash in advance is recorded)

Therefore to record the inflow funds we debited cash and to record the liability/obligation to deliver such goods we credited unearned sales revenue.

6 0
3 years ago
You are evaluating two different silicon wafer milling machines. The Techron I costs $276,000, has a three-year life, and has pr
kramer

Answer:

Techron I

-$154,842

Techron II

-$144,981

Explanation:

Techron I

Cash Flow From Year 1 to Year 3

Pretax operating costs             ($75,000)

Depreciation ($276,000 / 3)   <u>($92,000)</u>

Profit before tax                       ($167,000)

Tax (21% x $167,000)                <u>$35,070</u>

Profit after tax                           ($131,930)

Add back Depreciation            <u>$92,000</u>

Cash Flow after tax                   (<u>$39,930)</u>

Terminal Value = Salvage value - Tax = $52,000 - ($52,000 x 21%) = $41,080

NPV = ($276,000) + [ (39,930) x (1+12%)^-1] + [ (39,930) x (1+12%)^-2] + [ (39,930) x (1+12%)^-3] = ($276,000) + ($35,652) + ($31,832) + ($28,421) = ($371,905)

EAC = NPV/(1-(1+r)^-n)/r

EAC = -371,905 / ( 1 - ( 1 + 12% )^-3/12% = -$154,842

Techron II

Cash Flow From Year 1 to Year 3

Pretax operating costs             ($48,000)

Depreciation ($480,000 / 5)   <u>($96,000)</u>

Profit before tax                       ($144,000)

Tax (21% x $167,000)                <u>$30,240</u>

Profit after tax                           ($113,760)

Add back Depreciation            <u>$96,000</u>

Cash Flow after tax                   (<u>$17,746)</u>

Terminal Value = Salvage value - Tax = $52,000 - ($52,000 x 21%) = $41,080

NPV = ($480,000) + [ (17,746) x (1+12%)^-1] + [ (17,746) x (1+12%)^-2] + [ (17,746) x (1+12%)^-3] = ($480,000) + ($15,845) + ($14,147) + ($12631) = ($522,623)

EAC = NPV/(1-(1+r)^-n)/r

EAC = -522,623 / ( 1 - ( 1 + 12% )^-5/12% = -$144,981

7 0
3 years ago
The gaps model is designed to highlight those areas where
garik1379 [7]
The phrase the best completes the statement is "the gap between customer expectation and actual services provided are identified." It is a tool and a method of service quality which are most commonly used by a product manager. It assesses the quality of service delivery from the client's expectations.
3 0
2 years ago
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