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4 years ago

Midyear on July 31st, the Digby Corporation's balance sheet reported:

Business

1 answer:

Lelu [443]4 years ago

5 0

Answer:

c. $ 156.385 million is the amount of total liabilities

Explanation:

Computation of total liabilities

Assets = Liabilities + Equity

Total assets $ 207.448 million

Less: Total Common stock $ 6,350 million

Less: Retained earnings <u>$ 44.713 million</u>

Total equity <u>$ 51, 063 million</u>

Total liabilities $ 156,385 million

$ 207,448 million - $ 51,063 million = $ 156,385 million

The cash account given in the data is not considered as this amount would have already been included in the total assets figure.

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The Texas Consolidated Electronics Company is contemplating a research and development program encompassing eight research proje

Dafna1 [17]

Answer:

Answer

Explanation:

The Texas Consolidated Electronics Company is contemplating a research and development program encompassing eight research projects. The company is constrained from embarking on all projects by the number of available management scientists (40) and the budget available for R&D projects (S300,000). Further, if project 2 is selected, project 5 must also be selected (but not vice versa). Following are the resources requirement and the estimated profit for each project.

Project Expense Management Estimated Profit

($1,000s) Scientists required (1,000,000s)

1 50 6 0.30

2 105 8 0.85

3 56 9 0.20

4 45 3 0.15

5 90 7 0.50

6 80 5 0.45

7 78 8 0.55

8 60 5 0.40

Formulate the integer programming model for this problem and solve it using the computer.

6 0

3 years ago

Compute the amount of raw materials used during November if $32,000 of raw materials were purchased during the month and if the

KengaRu [80]

Answer:

Results are below.

Explanation:

Giving the following information:

Purchases= $32,000

Beginning inventory= $7,800

Ending inventory= $4,400

<u>To calculate the direct material used, we need to use the following formula:</u>

Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 7,800 + 32,000 - 4,400

Direct material used= $35,400

8 0

3 years ago

Joe Keho and Mike McLain share income on a 6:4 basis. They have capital balances of $90,000 and $70,000, respectively, when Lind

lions [1.4K]

Answer:

Joe’s Capital (existing partner) = $90,000

Mike’s Capital (existing partner) = $70,000

Profit-sharing ratio = 6:4

Admission of Linda (new partner) with bonus to existing partners:

$100,000 cash contributed for 25% share

So, implied value of partnership firm after admission = $100,000 / 25% = $400,000

However, actual value of partnership firm after admission will be = $90,000 + $70,000 + $100,000 = $260,000

Linda’s Capital in new partnership = 25% * $260,000 = $65,000

However, Linda is contributing $100,000

So, bonus accruing to existing partners = $100,000 - $65,000 = $35,000

Bonus to be split in profit sharing ratio

Bonus accruing to Joe = $35,000 * 6/10 = $21,000

Bonus accruing to Mike = $35,000 * 4/10 = $14,000

Joe'sCapital

$21,000

Mike'sCapital

$14,000

Lindia's Capital

$65,000

b. Admission of Linda (new partner) with bonus to the new partner:

$36,000 cash contributed for 25% share

So, implied value of partnership firm after admission = $36,000 / 25% = $144,000

However, actual value of partnership firm after admission will be = $90,000 + $70,000 + $36,000 = $196,000

Linda’s Capital in new partnership = $196,000 * 25% = $49,000

However, contribution by Linda= $36,000

So, bonus accruing to Linda = $49,000 - $36,000 = $13,000

Joe’s share in bonus to Linda = $13,000 * 6/10 = $7,800

Mike’s share = $13,000 * 4/10 = $5,200

Joe'sCapital

$7,800

Mike'sCapital

$5,200

Lindia's Capital

$49,000

6 0

3 years ago

there is a growing demand of a firm of architects and engineers in developing countries like Nepal justify

FromTheMoon [43]

Answer:

yes the developing countries not only Nepal but India also I am in great need of such wonderful master architects and engineers . To develop their country condition they need search architects and engineers for their development

5 0

3 years ago

Read 2 more answers

Which of the following would violate the efficient market hypothesis?

jeyben [28]

The efficient market theory would be violated if investors earned extraordinary returns months after a company announced unexpected profits. Thus, the correct option is (d.) Investors earn abnormal returns months after a firm announces surprise earnings.

<h3>What exactly is the hypothesis of an efficient market?</h3>

The efficient-market hypothesis is a financial economics concept that asserts asset prices represent all available information. Because market prices should only react to fresh information, it is impossible to continually "beat the market" on a risk-adjusted basis.

Because the EMH is expressed in terms of risk adjustment, it can only offer testable predictions when combined with a specific risk model. As a result, financial economics research has focused on market anomalies, or departures from specified risk models, since at least the 1990s.

To learn more about Efficient-market hypothesis, click

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4 0

1 year ago