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3 years ago

1. True or False: Savings accounts are a reliable way to store money for the future.

1 answer:

4 0

This question is a little but more difficult to solve, as it depends on the situation. For certain banks it is not worth it due to rates that must be payed, but in your case here I believe that it would be TRUE.

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LPM’s weighted average cost of capital (WACC) is 13 percent if the firm does not have to issue new common equity; if new common

erica [24]

Answer:

Projects D and E should be purchased.

Explanation:

since the firm's capital structure is 60% debt and 40% equity, it can pursue up to 2 projects. Only projects D, E and F have an internal rate of return higher than the company's WACC, so project G is discarded immediately.

Since projects D and E have a higher IRR, they should be selected.

project D: $70,000, IRR = 18%, debt = $42,000, equity = $28,000
project E: $85,000, IRR = 15%, debt = $51,000, equity = $34,000
total equity invested = $62,000

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2 years ago

General Snacks is a typical firm in a market characterized by the model of monopolistic competition. Initially, the market is in

Harrizon [31]

Answer:

Firms will leave the market in the long run.

Explanation:

Firms will leave the market in the long run.

Generally, the new firms enters in the market because the incumbent firms makes super normal profit. So in the long run, the continuous entry of firms will make the profit zero. Thus, when there is zero profit in the long run then the firms will start leaving the market and the demand for remaining firms will start rising because when firms start leaving the market then supply falls.

7 0

2 years ago

Justin is taking a class in which he is working on his future career goals. His teacher asked him to write an essay answering qu

morpeh [17]

Answer:

answer b

Explanation:

8 0

2 years ago

Read 2 more answers

The Davis Corporation budgeted factory overhead at $250,000 for the period for the Assembly department, based on a budgeted volu

Igoryamba

Answer:

B. $10,000 Underapplied

Explanation:

Hourly rate = $250,000/100,000 = $2.5 per hour

Excess hours = 4000

Excess over head = 4000 * 2.5 = $10,000

There was a $10,000 underapplied overhead for that period

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3 years ago

The following data are given for Harry Company:

Anon25 [30]

Question

Kindly note that the original question is not complete. The closest question found similar to the original is given below.

The following data are given for Harry Company:

Budgeted production 1,001 units

Actual production 920 units

Materials:

Standard price per ounce $1.904

Standard ounces per completed unit 10

Actual ounces purchased and used in

production 9,476

Actual price paid for materials $19,426

Labor:

Standard hourly labor rate $14.09 per hour

Standard hours allowed per completed unit 4.3

Actual labor hours worked 4,738

Actual total labor costs $76,993

Overhead:

Actual and budgeted fixed overhead $1,155,000

Standard variable overhead rate $27.00 per standard labor hour

Actual variable overhead costs $132,664

Overhead is applied on standard labor hours.

Determine the labour rate variance.

Answer:

Labour rate variance $10,234.58 unfavorable

Explanation:

The labour rate variance is the difference between the standard labour cost allowed for the actual hours worked and the actual labor cost for the same hours

Actual labour hours = 4,738

4,738 hours should have cost (4,738 × $14.09) = 66,758.42

but did cost (actual cost) 76,993.00

labour rate variance 10,234.58 unfavorable

Labour rate variance $10,234.58 unfavorable

8 0

2 years ago