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IrinaK [193]
4 years ago
7

If the required direct materials purchases are 24,000 pounds, the direct materials required for production is three times the di

rect materials purchases, and the beginning direct materials are three and a half times the direct materials purchases, what are the desired ending direct materials in pounds? select one:
Business
1 answer:
ch4aika [34]4 years ago
8 0

Begging direct material

24,000×3.5=84,000

Add material purchase

24000

Less material used for production

24,000×3=72000

Desired ending direct material

84,000+24,000−72,000

=36,000....answer


Hope it helps!

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The customer service manager for the XYZ Fastener Manufacturing Company examined 60 vouchers and found 9 vouchers containing err
fredd [130]

Answer:

= (0.043 , 0.257)

Explanation:

p = 9/60 = 0.15

Z score for 98% confidence interval = Z0.01 = 2.33

The Confidence interval = (p + Z0.01 * sqrt(p * (1 - p) / n))

= (0.15 + 2.33 * sqrt(0.15 * (1 - 0.15) / 60))

= (0.15 + 0.107)

= (0.043 , 0.257)

6 0
3 years ago
Read 2 more answers
A company reported net income of $200,000 during 2019. The company reported depreciation expense of $35,000, patent amortization
OLga [1]

Answer:

The correct answer is B

Explanation:

The company’s cash flow from operating activities for the year 2019 is computed as follows;

Net income $200,000

Add:

Depreciation 35,000

Amortization of patent 10,000

loss on the sale of equipment 5,000

Total cash provided by operating activities $250,000

*Depreciation expense, amortization expense and loss on sale on equipment are all non cash transaction which cause a decrease on net income. Thus if we want to know the actual cash activities for the year, we have to add it back to the Net income to arrive the correct answer.

5 0
3 years ago
The determination as to whether an over-the-counter stock is eligible for purchase on margin is made by
astraxan [27]

Answer: Federal Reserve Board

Explanation:

The Federal Reserve Board represents the leadership of the Federal reserve system or the Fed, America's central bank.

Decisions that have to do with the eligibility of an over-the-counter stock for purchase on margin falls under Federal purview and is regulated by the Federal Reserve Board and enforced by the Financial Industry Regulatory Authority.

5 0
3 years ago
Carnes Cosmetics Co.'s stock price is $51, and it recently paid a $3.00 dividend. This dividend is expected to grow by 25% for t
Novay_Z [31]

Answer:

The answer is 6.17%.

Explanation:

We apply the Dividend Model for solving the questions.

Denote g as the constant dividend growth rate after 3 years which needs to be found.

The principle in the Dividend model is: Current share price = Projected present value of all expected future dividend discounted at company's cost of equity rs =16%.

Thus Current share price = Present value of Dividend paid in Y1 + Present value of Dividend paid in Y2 + Present value of Dividend paid in Y3 + Present value of dividend perpetuity growth after Y3.

=> 51 = (3 x 1.25) / 1.16^1 + (3 x 1.25^2)/ 1.16^2 + (3 x 1.25^3)/1.16^3 + [3 x 1.25^3 x (1+g)]/(0.16-g)/1.16^3 <=> [5.8594 x (1+g)]/(0.16-g)/1.16^3 = 40.5298 <=> [5.8594 x (1+g)]/(0.16-g) = 63.2628 <=> 5.8594 + 5.8594g = 10.1220 - 63.2628g <=> 69.1222g = 4.2626 <=> g = 6.17%.

Thus, the constant rate the stock's dividend expected to grow after Year 3 is 6.17%

6 0
3 years ago
The best thing you can do to keep a positive relationship with your supervisor is to?
Naddik [55]
Hi there!

The best thing you could do is keep open communication with your supervisor and remain honest when things happen.

Hope this helps!
3 0
3 years ago
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