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alex41 [277]
3 years ago
14

Adi Manufacturing Corporation is estimating the following raw material purchases for the final four months of the year: Septembe

r $800,000 October $920,000 November $840,000 December $760,000At Adi, 30% of raw materials purchases are normally paid for in the month of purchase. The remaining 70% is paid for in the month following the purchase. How much cash should Adi expect to pay out for raw material purchases during November?
A. $252,000
B. $896,000
C. $644,000
D. $392,000
Business
1 answer:
Arte-miy333 [17]3 years ago
4 0

Answer:

$ 896,000.00

Explanation:

September $800,000

October $920,000

November $840,000

December $760,000

Payments for November:

30percent purchase for November: = 30/100 x $ 840,000.00

        = $ 252,000.00

70 percent payment for the  previous  month

        =70/100 x $ 920,000.00

        = 644,000.00

Total payments = $ 252,000 + $ 644,000.00

   =$ 896,000.00

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Answer:

$1,161.46

Explanation:

In order to determine the current bond price we can use an excel spreadsheet and the present value formula: =PV(Rate,Nper,PMT,FV)

where:

  • Nper = 14 x 2 = 28 (15 year bond issued 1 year ago = 14 years)
  • Rate = 5.8% / 2 = 2.9% (semiannual payments)
  • PMT = ($1,000 x 7.5%) / 2 = $37.50
  •  FV = $1,000 (face value of bonds)
  • PV = ?  

Current price =PV(Rate,Nper,PMT,FV) =PV(2.9%,28,37.50,1000) = $1,161.46

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4 years ago
Label each scenario below according to the type of financial asset described.
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Answer:

SCENERIO 1=BOND

SCENERIO 2=LOAN

SCENERIO 3=STOCK

SCENERIO 4=SECURITIES WHICH ARE GUARANTEED BY LOANS

SCENERIO 5=LOAN

Explanation:

Bond is a type of loan or a financial instrument through which large corporations or Government Institutions borrow money from the public with the aim of paying with a fixed interest rate in a given period.

A Loan is amount requested by an organisation from a financial institution with the aim of paying back with some percentage of interest over a given period of time.

Stocks are also known as shares which forms parts of a particular Company sold to the public with the aim of raising capital, SHARES OR STOCK HOLDERS HAVE CERTAIN RIGHTS TO DIVIDEND AND VOTING TO REPLACE BIARD NENBERS ETC WHEN THE NEED ARISE IN THE ORGANISATION.

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4 years ago
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Hilton Hotels customizes rooms and lobbies according to location. Northeastern hotels are sleeker and more cosmopolitan. Southwe
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Answer:

Geographic segmentation

Explanation:

it is strategy related to geographic segmentation. it include strategy to provide all those facilities to the customer on the basis of location of customers. As it is given in question Hilton hotels provide more sleeker rooms in northeastern side while more rustic hotels in southwestern hotels.

In generally speaking, geographic segmentation strategy totally based on the preference of targeted customers.

Example of Geographic segmentation approach include  large production of raincoats to those areas that experience heavy rainfall etc

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3 years ago
A dressmaker can sew 400 garments with 100 bolts of fabric and 1,500 hours of labor. Another dressmaker can sew 400 garments wit
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Answer:

No, because the second method has lower total costs of production.

Explanation:

In a bid to make profits businesses must always compare different processes and choose the cheapest one.

This will eventually reflect in the profitability of the business.

In this instance let's get the cost of each process.

Fabric costs $110 a bolt and labor costs $20 an hour.

The first dress maker can sew 400 garments with 100 bolts of fabric and 1,500 hours of labour

Total cost = (100 bolts * 110) + (1500 * 20)

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For the second dress maker he can sew 400 garments with 150 bolts of fabric and 1,000 hours of identical labour

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7 0
3 years ago
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