Answer:
Wyman company should recognize a foreign exchange loss in the amount of $12,600
Explanation:
On the date of sale: £1 = $1.35
So £60,000 = 60,000 × $1.35 = $81000
On the date of payment: £1 = $1.14
So £60,000 = 60,000 × $1.14 = $68, 400
The amount Wyman company received on the date of payment is $12,600 less than the amount it ought to have received on the date of sale.
So Wyman company should recognize a foreign exchange loss in the amount of $12,600
Answer:
Cycle time is the shortest period taken to generate a portion of it. It is a time of repeatability. Going to measure order cycle assists in testing operating performance and solecism.
It recognises places in which it needs improvement and adjustment. When evaluating the processing time of 3 distinct headquarters, this will help in understanding the periods and identify areas where every office does not have a job, suggesting reactions to stay at correct margins of operations.
Measuring operating cycle would include using such a kanban system to note down processes right from taking information from a consumer to the time required for the completed goods to be successful to the consumer. To calculate the period the loop is efficient. What will also be addressed is not whether nonworking times even including holidays will be factored.
The three offices' cycle period should enable the leader evaluate their success all around. Calculated and measured cycle period, the chief may recommend corrective steps and map out a strategy to take benefit of an office 's smaller cycles time relative to another, optimising income and-costs.
Answer:
7.65%
Explanation:
required return = (percent of stock x required return on stock) + (after tax cost of debt x percent of debt) - adjustment factor
Percent of debt = 100 - 73 = 27%
(12.1 x 0.73) + (3.79 x 0.27) - 2.2 = 7.65%
Answer:
c. It refers to an increase in the average level of prices.
Explanation:
Inflation refers to a constant increase in the average prices of goods and services in the economy over time. Inflation means consumers will pay more for a similar basket of goods and services than they did in a previous period. Economists use Inflation as a measure of the rate at which the general prices are rising.
A high rate of Inflation without a corresponding rise in incomes erodes the purchasing power of households and firms. The consumer price index CPI is the common index used to measure the inflation rate. Should the inflation rate increase at a very high rate, governments, through the central bank, applies monetary policies to regulate it.
Answer: $12,900
Explanation:
From the question, we are told that Tom is talking to his friend Bob, who has an interest in Freedom, LLC, about buying his LLC interest. Bob's outside basis in Freedom, LLC, is $7,000 which includes his $1,900 one-fourth share of the LLC's debt. Bob's 704(b) capital account is $14,000. We are further told that Tom bought Bob's LLC interest for $11,000.
Tom's outside basis be in Freedom, LLC will be the amount that he paid for Bob's LLC interest plus the share of LLC’s debt. This will be:
= $11,000 + $1,900
= $12,900
