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Hunter-Best [27]
3 years ago
8

On January 12, 2021, Jefferson Corporation purchased bonds of Rose Corporation for $52 million at par and classified the securit

ies as available-for-sale. On December 31, 2021, these bonds were valued at $46 million. Nine months later, on October 3, 2022, Jefferson Corporation sold these bonds for $62 million. As part of the multistep approach to record the 2022 transaction, Jefferson Corporation should finally take the third step of recording a sales transaction with a gain of:
Business
1 answer:
sineoko [7]3 years ago
5 0

Answer:

Transaction gain = $16 million

Explanation:

Given:

Purchase amount = $52 million

December 31, 2021, bonds value = $46 million

October 3, 2022, bonds sold = $62 billion

Computation:

Using multi-step approach

Transaction gain = October 3, 2022, bonds sold - December 31, 2021, bonds value

Transaction gain = $62 million - $46 million

Transaction gain = $16 million

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A manufacturer replenishes their packaging materials according to the economic order quantity model. They use 25,000 cases of pa
Sergio [31]

Answer:

$300,000 in total, $6000 per order

Explanation:

25,000/500 = 50

50*12=600

500*12=6000

50*6000=300000

7 0
3 years ago
Read 2 more answers
Which of the following are all strategies for improving productivity in​ services? A. high​ interaction, mass​ customization, se
MissTica

Answer:

E. ​separation, self-service,​ automation, and scheduling.

Explanation:

Increase in productivity in a business aims to increase the efficiency of an individual or process involved in production of useful output.

Strategies for improving productivity includes separation, self-service,​ automation, and scheduling.

When there is seperation in services available to a customer, they easily identify the most relevant one to them.

Self service gives control of the process to the customer, resulting in greater satisfaction.

Automation reduces the turnaround time of processes and refocuses labour to more complex activities. So production efficiency increases.

Scheduling reduces time wastage by assigning time to complete activities.

4 0
3 years ago
Of those listed below, the best example of a pure public good is a. a public school b. a radio broadcast c. a hardcover copy of
Rufina [12.5K]

Answer:

b. a radio broadcast

Explanation:

The pure public good is a good which is non-rivalrous and non-excludable. Non-rivalrous represents that the goods does not diminshed in the case when more people consumed it while on the other hand, the non-excludable represents that the goods are available to all

Therefore as per the given options, the option b is correct

hence, the other options are incorrect

7 0
3 years ago
Consider the population consisting of all computers of a certain brand and model, and focus on whether a computer needs service
Dvinal [7]

Answer:

Based on selecting a sample of 300 computers The probability questions are follows

1. . What is the probability that no computer needs service within the warranty period?

2 . What is the probability that more than half of the computers that are sampled will need warranty period?

3. What is the expected number of computers fail before the warranty period?

7 0
3 years ago
2)Torres Inc. recently began production of a new product, the halogen light, which required the investment of $600,000 in assets
madreJ [45]

Answer:

The selling price is $99

Explanation:

The selling price of the product can be computed by adding required profit margin to the unit cost of the product.The required profit margin is the 10% return on invested assets.

Total variable cost           $59*10000                =$590,000

Fixed expenses ($180,000+$60,000)               =$240,000

desired profit margin(10%*$600,000)                =$60,000

Total sales revenue                                              =$990,0000

price per unit=$990,000/10000=$99

The cost-plus approach to product pricing gives $99

3 0
4 years ago
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