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2 years ago

The Tobler Company had budgeted production for the year as follows:

Business

1 answer:

solong [7]2 years ago

4 0

Answer:

The correct answer is C.

Explanation:

Giving the following information:

The Tobler Company had budgeted production for the year as follows:

Quarter 1 2 3 4

Production in units 10,000 9,000 13,000 11,000

4 pounds of raw materials are required for each unit produced. Raw materials on hand at the start of the year total 7,000 lbs. The raw materials inventory at the end of each quarter should equal 9% of the next quarter's production needs in materials.

Direct material 2nd quarter:

Production= 9,000*4= 36,000lbs

Ending inventory= (13,000*0.09)*4= 4,680lbs

Beginning inventory= (9,000*0.09)*4= 3,240lbs (-)

Total= 37,440 lbs

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3 years ago

You have successfully started and operated a company for the past 10 years. You have decided that it is time to sell your compan

VikaD [51]

Answer:

$5,225,417

Explanation:

first payment 800000

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11% = (1 + i/4)⁴

i = 0.106

quarterly interest = 2.65%

Now we need to determine the present value of this annuity and our discount rate is 2.65%. I will use an excel spreadsheet to determine the present value of the 20 quarterly payments and then add the initial payment.

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3 years ago

You manage an equity fund with an expected risk premium of 13% and a standard deviation of 44%. The rate on Treasury bills is 6.

Nady [450]

Answer and Explanation:

The computation of the expected return and the standard deviation is given below:

the expected return is

= $90,000 × 13% + $60,000 × 6.6%

= $15,660.00

And,

standard deviation of return is

= $90,000 × 13% × 44% + $60,000 × 6.6%

= $5,148 + $3,960

= $9,108.00

In this way it should be calculated

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3 years ago

Kijijo Auctions runs an online auction company. Its end-of-year financial statements indicate the following results. Total asset

katrin [286]

Answer:

40%

Explanation:

Total assets. $240,000

Less total liabilities ($130,000)

$110,000

Less common stock ($24,000)

Retained earnings at end $86,0000

Less Retained earnings at the beginning ($29,000)

Addition to retained earnings $57,000

Add dividends $6,400

Net profit earned $63,400

Add expenses $94,000

Revenue. $157,400

Therefore, company's net profit margin expressed as a percentage = Net profit earned / Revenue

= (63,400/157,400) × 100

= 40%

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3 years ago

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The Chester company is likely implementing a strategy called the niche differentiation. This is the process in which helps a specific organization or company to coexist by having to use their environment in a different way in when they are to compete.

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3 years ago