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Anuta_ua [19.1K]
3 years ago
11

The income statement for Splish Traveler Company shows cost of goods sold $307,000 and operating expenses (exclusive of deprecia

tion) $229,000. The comparative balance sheet for the year shows that inventory increased $25,800, prepaid expenses decreased $8,000, accounts payable (related to merchandise) decreased $16,900, and accrued expenses payable increased $11,100.
Compute (a) cash payments to suppliers and (b) cash payments for operating expenses.

(a) Cash payments to suppliers $


(b) Cash payments for operating expenses $
Business
1 answer:
enyata [817]3 years ago
5 0

Answer:

a. $349,700

b. $209,900

Explanation:

The computation is shown below:

Before computing the cash payment made to supplier first we have to find out the purchase amount which is shown below:

(a) Change in Finished goods + purchase = Cost of goods sold

-$25,800 + purchases = $307,000

So, the purchase is $332,800

Now

Cash paid to supplier is

= $332,800 + $16,900

= $349,700

And,

(b) Cash paid for operating expenses is

= $229,000 - $8,000 - $11,100

= $209,900

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A portfolio is invested 22 percent in Stock G, 50 percent in Stock J, and 28 percent in Stock K. The expected returns on these s
Fittoniya [83]

Answer:

The expected return of the portfolio is 12.8%

Explanation:

A portfolio is invested 22% on stock G, 50% on stock J and 28% on stock K.

The expected return on stock G is 7%, on stock J is 13% and on stock K is 17%.

Weighted return on stock G

= 0.22*7%

=1.54%

Weighted return on stock J

=0.50*13%

=6.5%

Weighted return on stock K

=0.28*17%

=4.76%

The expected return on the portfolio

=Weighted return on stock G+Weighted return on stock J+Weighted return on stock K

=(1.54+6.5+4.76)%

=12.8%

8 0
3 years ago
For example, in the high end segment analysis on the left, total demand is 2554 and next years growth rate is 16.2% next years d
Evgen [1.6K]

Answer:

2968

Explanation:

total demand is 2554

growth rate is 16.2%

Next year total demand = 2554 + growth (total demand x 16.2%)

= 2554 + 2554*16.2/100

= 2554 + 413.748

= 2967.748

= 2968

8 0
3 years ago
Read 2 more answers
Suppose your company needs $13 million to build a new assembly line. Your target debt-equity ratio is .55. The flotation cost fo
natulia [17]

Answer:<em>True cost = \frac{cost of assembly}{1-weighted flotation cost }</em>

<em>=  \frac{13,000,000}{1- 0.049}</em>

<em>= $ 13,669,821.2</em>

Explanation:

Given :

Debt-Equity ratio = 0.55

Flotation cost for new equity = 6%

Flotation cost for debt = 3 %

∴ To compute the weighted flotation cost , we'll use the following formula:

Weighted Flotation cost =\left [ \frac{1}{1+Debt-Equity ratio}\times Flotation cost of equity \right ] + \left [ \frac{Debt-Equity ratio}{1+Debt-Equity ratio}\times Flotation cost of debt \right ]

=  \left [ \frac{1}{1+0.55}\times 0.06 \right ] + \left [ \frac{0.55}{1+0.55}\times 0.03 \right ]

= 0.0387 + 0.0106

= 0.04934 or 4.93%

The true cost of building the new assembly line after taking flotation costs into account is evaluated using the following formula :

True cost = \frac{cost of assembly}{1-weighted flotation cost }

=  \frac{13,000,000}{1- 0.049}

= $ 13,669,821.2

3 0
3 years ago
indicates that there can be a performance decrease as a team goes through the storming phase of team development. During the sto
vesna_86 [32]

Answer:

a. Team performance curve

Explanation:

A team can be defined as a group of people or set of individuals with various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective.

This ultimately implies that, a team comprises of individuals, workers or employees having complementary skills, knowledge and experience needed to execute a project or task successfully. Therefore, workers working as a team usually interact with the other team members and as a result, this enhances performance and strengthen the level of relationship they share.

Team performance curve indicates that there can be a performance decrease as a team goes through the storming phase of team development. During the storming phase in team development, team performance declines for a period of time as conflicts emerge regarding goals and contributions of team members.

8 0
3 years ago
How did the looting of shops and malls will affect the businesses in the the terms of the relationships between social responsib
AVprozaik [17]

Businesses reduce their incentives that will lead to minimizing their ability to carry out their part for social responsibility of the triple bottom line.

The triple bottom line is an obligation on businesses to not just look for their profit but include and maintain a good balance between these factors:

  • economic growth
  • social welfare
  • environment impact

Businesses should follow the Triple bottom line:

  • Making profits
  • Making sure that there is positive social welfare on their part.
  • Maintain ecological footprint

Thus, The correct answer would be - the ability of businesses to meet both their social responsibility and Triple bottom line is minimized and not as it was in normal conditions.

Learn more about social responsibility:

brainly.com/question/1339420

4 0
3 years ago
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