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4 years ago

Bellingham Inc had the following activity last year:

Business

1 answer:

Pepsi [2]4 years ago

8 0

Answer:

The net cash flow of the year amounts to $32,000

Explanation:

The net cash flow of the year is computed as:

Net cash flow = Net income + Depreciation

= $7,000 + $25,000

= $32,000

Where

Net Income is computed as:

Net Income = Sales - COGS (Cost of goods sold) - Depreciation expense - Selling and administrative expense - Income tax expense

= $300,000 - $170,000 - $25,000 - $95,000 - $3,000

= $7,000

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A group of executives attended a meeting in which the CFO was the attendee with the most senior ranking. When the meeting began,

givi [52]

Answer:

Group think bias

Explanation:

Groupthink bias occurs when people believe in something because other people believe in it. It is when everyone comes to the same conclusion concerning a matter.

In the meeting everyone agreed with the CEO, this is an instance of groupthink.

Anchoring bias is when a person's decision is overly anchored on an initial information given when making a decision.

Confirmation bias is when a person arrives at a conclusion in line with their beliefs.

Availability bias is basing decisions on past instances that comes to mind when making the decision.

Hindsight bias occurs when people over estimate their abilities to predict how an event would have turned out in hindsight.

7 0

4 years ago

Use this information about Department A to answer the question that follow. Department A had 4,200 units in Work in Process that

poizon [28]

Answer:

30,633 units

Explanation:

The number of equivalent units of production for conversion costs for the period using the FIFO method is shown below:

= Beginning work in process units × remaining percentage + units started and completed units × percentage of completion + ending work in process inventory units × percentage of completion

= 4,200 units × 24% + 28,900 units × 100% + 2,500 units × 29%

= 1,008 units + 28,900 units + 725 units

= 30,633 units

The units started and completed units are come from

= 33,100 units - 4,200 units

= 28,900 units

8 0

3 years ago

Sloan Transmissions inc.,has the following estimates for its new gear assembly project: price=$2,200 per unit., variable cost= $

jeyben [28]

Answer:

Best case

Price 2,640

Variable cost per unit 352

Fixed cost 1.28 million

Quantity 108,000 units

Worst case

Price 1,760

Variable cost per unit 528

Fixed cost 1.92 million

Quantity 72,000 units

Explanation:

Based on the information given in the best case expenses would be 20% lower while the incomes will be 20% higher.

Calculation for the price

Price = 2,200 ×(1+0.20)

Price=2,200×1.2

Price = 2,640

Calculation for Variable cost per unit

Variable cost per unit = 440× (1-0.20)

Variable cost per unit=440×0.80

Variable cost per unit= 352

Calculation for fixed cost

Fixed cost = 1.60 million ×(1-0.20)

Fixed cost=1.60 million× 0.80

Fixed cost= 1.28 million

Calculation for the Quantity

Quantity = 90,000 × (1+0.20)

Quantity =90,000×1.2

Quantity=108,000units

Therefore, Best case will be:

Price 2,640

Variable cost per unit 352

Fixed cost 1.28 million

Quantity 108,000units

Based on the information given in the worst case expenses would be 20% higher while incomes would be 20% lower.

Calculation for the price

Price = 2,200 × (1-0.20) = 1080

Price=2,200 ×0.8

Price=1,760

Calculation for the Variable cost per unit

Variable cost per unit = 440 × (1+0.20)

Variable cost per unit=440× 1.2

Variable cost per unit= 528

Calculation for Fixed cost

Fixed cost = 1.60 million × (1+0.20)

Fixed cost=1.60 million×1.2

Fixed cost= 1.92 million

Calculation for the Quatity

Quantity = 90,000 ×(1-0.20)

Quantity=90,000×0.8

Quantity= 72,000 units

Therefore Worst case will be:

Price 1,760

Variable cost per unit 528

Fixed cost 1.92 million

Quantity 72,000 units

6 0

3 years ago

A financial lease: A) is generally called a capital lease by accountants. B) requires the lessor to maintain the asset. C) is a

Alex787 [66]

Answer:

Option A seems to be the correct approach.

Explanation:

A financial lease seems to be a contractual contract in which: the lessee requires a property. Consider buying the commodity from the lessor. Mostly during the rental agreement, the lessee seems to be using that income stream.
The obligation to pay a sequence of installments or leases and the use of the commodity. Although a finance lease becomes capitalized, the financial statement raises when both capital as well as the responsibilities.

The other alternatives in question aren't relevant to something like a particular circumstance. Then the above will have to be a viable substitute.

3 0

3 years ago

Read 2 more answers

The options for remedying a supplier-related cost disadvantage include A. shifting into the production of substitute products. B

MrRa [10]

Answer: The correct answer is " E. pressuring suppliers for more favorable prices, switching to lower-priced substitute inputs, and collaborating closely to identify mutual cost".

Explanation: The options for remedying a supplier-related cost disadvantage<u> include pressuring suppliers for more favorable prices, switching to lower-priced substitute inputs, and collaborating closely to identify mutual cost.</u>

The most advisable to solve this type of disadvantages is to talk with suppliers in search of promotions, offers that help lower costs and in case of not reaching an agreement, look for substitute supplies that allow maintaining an acceptable level of quality and lower costs.

3 0

3 years ago