Answer:
Economic growth generates job opportunities and hence stronger demand for labour, the main and often the sole asset of the poor. In turn, increasing employment has been crucial in delivering higher growth.
Answer:
The amount collected from customers on accounts receivable during year 3 is $535,000.
Explanation:
Cash received from accounts receivable = Opening balance of AR + Credit Sales - Bad debts written off - Closing balance of AR.
- The opening balance for year 3 account receivables was 150000.
- Credit Sales = 600000
- Bad debts = 40000
- Closing Balance = 175000
We can solve this question either by making a T account for accounts receivable or using the equation given above.
Cash = 150000 + 600000 - 40000 - 175000 = $535000
Answer:
Option (D) is correct.
Explanation:
Given that,
Dividend, D0 =$1.20
Price, P0 = $50.00
Growth rate, g = 6% (constant)
Based on the DCF approach, then
Cost of Equity:
= [D0 × (1 + g) ÷ P0] + g
= [(1.20 × (1 + 0.06)) ÷ 50] + 0.06
= (1.272 ÷ 50) + 0.06
= 0.02544 + 0.06
= 0.08544 or 8.54%
Hence, the cost of equity from retained earnings is 8.54%.
Answer:
The manufacturing overhead applied to work in process is:
D. $79,000
Explanation:
a) Data and Calculations:
Beginning work in process inventory 30,000
Direct materials used in production 50,000
Direct labor 60,000
Total manufacturing costs to account for 219,000
Manufacturing overhead applied to WIP 79,000 (219,000 - 140,000)
Ending work in process inventory 72,000
b) The manufacturing overhead applied to Work in Process is the difference between the total manufacturing costs to account for and the costs of beginning work in process, direct materials, and direct labor for the period. When the ending work in process is deducted from the total manufacturing costs, the resulting figure represents the cost of goods transferred to finished goods inventory.
The correct answer is forward integration. Forward
integration is being defined as a business strategy by which it is associated
with the vertical integration of where business activities are being expanded
by means of including the control of the direct distribution or the supply of
the products of the company.
