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tatuchka [14]
3 years ago
5

The goal of line balancing is to assign tasks to workstations in such a way that the workstations have approximately equal time

requirements. True or False
Business
1 answer:
Tanya [424]3 years ago
5 0

Answer:

The statement is: True.

Explanation:

Line Balancing is a production technique in which companies assign labor hand and equipment most efficiently to increase productivity. Line balancing also pursues reducing the waste time by allocating human sources and machinery according to each task necessary in the production process.

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MMS Corp borrows $1,650,000 today for a new building. The loan is an equal principal payment loan with an APR of 6.5% compounded
astraxan [27]

Answer:The Current Portion of debt in month 16 is $1461958.53 (rounded off to two decimals)

Explanation:

The question requires us to calculate the balance of the loan in 16 months time. The Balance of the Loan is calculated by taking the loan amount and calculates the Future Value of the amount (in 16 months) and subtract the Future Value of Monthly Loan Payments.

The Monthly Payments were not provided in the question so the first thing we need to do is to calculate monthly payments

Loan Amount = $1650 000

Interest Rate (r) = 6.5/12 .Interest rate is compounded monthly there for the annual Percentage rate of Interest must be divided by 12

Period (N) = 9 years x 12 = 108 months

Monthly Payments Formulae = (r)Loan Amount/(1 -(1 + r)^-n)

Monthly Payments = (0.065/12)1650 000/(1 - (1 + 0.065/12)^-108)

Monthly Payments = 8937.49989/0.4420139495

Monthly Payments = 20219.949846

MMS Corp would pay $20219.949846 for the loan. we will not round of this answer because we want to get an accurate answer wen we calculate Loan Balance (current potion of debt in 16 months time)

Loan Balance (current potion of debt in 16 months time)

Loan Future Value Formulae = Loan Amount (1 + r)^n

Future Value of Monthly Payments = Payments ((1 + r)^n - 1)/r

Current Porting of debt = Loan Amount (1 + r)^n -  Payments ((1 + r)^n - 1)/r

Current Porting of debt = 1650 000(1 + 0.065/12)^16 - 20219.949846((1 + 0.065/12)^16 - 1/(0.065/12)

Current Porting of debt = 1798958.8403 - 337000.31512

Current Porting of debt = 1461958.5252

The Current Portion of debt in month 16 is $1461958.53 (rounded off to two decimals)

6 0
4 years ago
Read 2 more answers
The 10% bonds payable of Nixon Company had a net carrying amount of $950,000 on December 31, 2014. The bonds, which had a face v
Rashid [163]

Answer:

The loss is $63,000.

Explanation:

The loss on the retirement of bond is the difference between the retirement value of the bond and the book value of the bond. It is calculated as follows.

Calculation of loss on retirement of bond:

Retirement value of bonds ($1,000,000 x 102 / 100)          $1,020,000

Interest payment ($1,000,000 x 10% x 6/12)                        $50,000

Interest expense ($950,000 x 12% x 6/12)                           $57,000

Amortization of bond discount ($57,000 - $50,000)          $7,000

Debit balance in bond discount ($50,000 - $7,000)           $43,000

Credit balance in accounts payable                                      $1,000,000

Book value of bond ($1,000,000 - $43,000)                        $957,000

Loss on retirement of bond ($1,020,000 - $957,000)       $63,000

7 0
3 years ago
The entry to convert from the initial value method to the equity method usually involves a debit to Investment in Subsidiary acc
Nutka1998 [239]

Answer:

Parent's beginning of the year Retained Earnings

Explanation:

"The equity method is an accounting technique used by a company to record the profits earned through its investment in another company. With the equity method of accounting, the investor company reports the revenue earned by the other company on its income statement, in an amount proportional to the percentage of its equity investment in the other company.

When the investor has a significant influence over the operating and financial results of the investee, it can directly affect the value of the investor's investment. The investor records its initial investment in the second company's stock as an asset at historical cost. Under the equity method, the investment's value is periodically adjusted to reflect the changes in value due to the investor's share in the company's income or losses. Adjustments are also made when dividends are paid out to shareholders."

Reference: Tuovila, Alicia. “Equity Method Definition.” Investopedia, Investopedia, 8 Oct. 2019

4 0
3 years ago
A perfectly competitive market helps ensure that the products produced are the goods that consumers want. this demonstrates the
frozen [14]
A perfectly competitive market helps ensure that the products produced are the goods that consumers want demonstrates the concept of allocative efficiency.
<span>Allocative efficiency defines a state of the economy in which production represents consumer preferences and it is a characteristic of  an efficient market.
</span>
5 0
3 years ago
Which activity best demonstrates the trait of responsibility?
Dima020 [189]

Which activity best demonstrates the trait of responsibility?

A. demonstrating accountability for your actions

Out of the options, demonstrating accountability for your actions is the activity that best demonstrates the trait of responsibility. Your actions are of no ones responsibility besides you, you must understand the decisions you make. All of the other options are all important but not examples of accountability.  

8 0
4 years ago
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