Answer:
The company should accept the special order.
Explanation:
The company has the capacity to produce 20,000 units and It is currently only producing 13,000 units.
The company can produce in addition of 7,000 units (more than the number of units from special order)
The revenue of special order: 6,500 x $62 = $403,000
Revenue of special order - Incremental cost of accepting the special order = $403,000 - $382,000 = $21,000 >0
The company gains $21,000 on special order => The company should accept the special order.
Answer: Highly doubtful.
Explanation:
U.S. sugar protection policies save producers in the U.S. billions of dollars so those companies continually lobby for the government to keep up the policies.
A company such as Jelly Belly is not influential enough to fight off the various sugar interests unless there are other players like Jelly Belly in the game. The text makes no mention of them however so it must just be Jelly Bean and they do not have the influence to get the government to reverse policy.
Answer:
IMA Competence Standard
Explanation:
Institute of Management Accountants is the worldwide organization representing corporate accountants and financial professionals.
- IMA representatives are liable for achieving and maintaining the Competence standard.
COMPETENCE
:
1. Through improving knowledge and skills achieve an acceptable level of professional management and experience.
2. Conducts legal duties under regulations, legislation and quality standards relevant.
3. Provide decision-making resources for reliable, simple, succinct, and appropriate facts and advice. Recognize and assist with the risk management.
Answer:
The answer is $1,042.65
Explanation:
Coupon payment being done semiannually means it is paid twice in a year
N(Number of periods) = 10 periods ( 5 years x 2)
I/Y(Yield to maturity) = 3 percent( 6 percent ÷ 2)
PV(present value or market price) = ?
PMT( coupon payment) = $35 ( [7 percent÷ 2] x $1,000)
FV( Future value or par value) = $1,000.
We are using a Financial calculator for this.
N= 10; I/Y = 3; PMT = 35; FV= $1,000; CPT PV= -1,042.65
Therefore, the market price of the bond is $1,042.65
Answer:
The correct answer is letter "B": anchoring.
Explanation:
Anchoring bias or focalism takes place when individuals make decisions driven by the first impression obtained on a certain matter. Under this situation, those individuals do not take well-educated decisions since there has not been an analysis of the pros and contras of picking that choice over others.