All categories

2 years ago

Which of the following would be a producer?

Business

2 answers:

Sloan [31]2 years ago

8 0

The first one, someone owning a book store

romanna [79]2 years ago

6 0

Someone owning a bookstore

A. because someone waiting in line isn’t making anything

B. someone shopping is buying not making

C. someone putting gas in their car is buying not making anything =/

Hope this helps you ♥︎ *sips........* welp... I’m done here... bye bye

You might be interested in

Your firm is planning to invest in a new electrostatic power generation system. Electrostat Inc is a firm that specializes in th

kozerog [31]

Answer:

The cost of capital for electrostatic power generators is closest to 7.75%

Explanation:

In order to calculate the estimate of your cost of capital for electrostatic power generators we would have to make the following calculation:

Step-1, Calculation of the Overall Beta

Market Value of Equity = $40,00,00,000 [160,00,000 Shares x $25 per share]

Market Value of Debt = $22,00,00,000

Total Market Value = $62,00,00,000

Therefore, Beta = [Equity Beta x Weight of Equity] + [Debt Beta x Weight of Debt]

= [1.18 x ($40,00,00,000 / $62,00,00,000)] + [0.08 x ($22,00,00,000 / $62,00,00,000)]

= 0.761290 + 0.028387

= 0.789677

Step-2, Cost of capital

As per CAPM Approach, Cost of capital = Risk-free Rate x (Beta x Market Risk Premium)

= 3% + (0.789677 x 6%)

= 3% + 4.75%

= 7.75%

Therefore, the cost of capital for electrostatic power generators is closest to 7.75%

6 0

3 years ago

Why does minimum wage exist?

exis [7]

If minimum wage didn't exist, then there would be nothing stopping companies from paying there workers basically nothing. They could grossly underpay all workers and not get in trouble for it.

7 0

3 years ago

Read 2 more answers

What is always true at the quantity where a firm's average total cost equals average revenue?

Juli2301 [7.4K]

The firm is probably at its early stages of development, and is struggling to break even.

8 0

3 years ago

Lancaster bakery has net fixed assets of $329,700, current assets of $87,200, a price-earnings ratio of 12.8, a debt-equity rati

Verizon [17]

Market to book ratio is the ration of market price per share divided by the book value per share, it can be mathematically expressed as below:

Market to Book Value= $\frac{Market Value Per Share}{Book Value Per Share}$

In this problem the first step is to find Market Value per share

PE Ratio is given by the following formula:

PE Ratio= $\frac{Market Price Per Share }{Earning Per Share}$

12.8= $\frac{Market Price Per Share }{1.97}$

Market Price Per Share=$25.216

We now find Book Value Per Share, Book Value is nothing but the Equity Value of the Organization, In the given problem, we don't have this information, but we have total assets, which amounts to $416900($329700+$87200). Using Debt Ratio we can find book value per share as below:

Lets assume Shareholders Equity is x, Thus total liability will be Total Assets-x

Debt Equity Ratio is given as below:

Debt Equity Ratio= $\frac{Total Liabilities}{Equity}$

0.42= $\frac{416900-x}{x}$

x=$293592

Book Value per share=$293592/36000

Book Value per Share=8.155

Market to book value=25.216/8.15533

Market to book value ratio= 3.09

8 0

2 years ago

Shannon Corporation manufactures custom cabinets for kitchens. It uses a normal costing system with two direct cost categories:

adelina 88 [10]

Answer:

please find the answers below

Explanation:

Shannon corporation:

The inventory cycle of is composed of 3 phases:

1. Ordering / purchases

2. Production

3. Finished good / sales

The ordering phase is when the company orders goods and the time it takes to receive the raw materials.

The production phase is the work in process phase when the raw materials are converted into finished goods.

The finished goods/ sales phase is the time it takes to sell the goods that were manufactured.

Journal entries in a manufacturing company are used to record transactions. Adjusting journal entries are used to recognize costs and revenues in the correct period.

Dr Work – In - process $75, 000

Cr Inventory- Direct materials $$75, 000

Recording actual direct materials used

Dr Wages Payroll $55, 500

Cr Cash /Bank $55, 500

Recording direct labor wages incurred

Dr Manufacturing overhead $3, 500

Cr Inventory- Indirect materials $3, 500

Recording the cost of indirect materials incurred

Dr Manufacturing overhead $49, 000

Cr Cash/ Bank $49, 000

Recording wages payable to supervisor and engineer

Dr Manufacturing overhead $13, 000

Cr Cash/ Bank $13, 000

Plant utilities and repairs taken to manufacturing overhead

Dr Manufacturing overhead $11, 000

Cr Accumulated depreciation – plant $11, 000

Record depreciation on factory plant

Dr Finished goods $190, 000

Cr Work – In – Process $190, 000

Record of jobs completed (cost of goods manufactured)

Dr Work – in – process $76, 500

Cr Manufacturing overhead $76, 500

Record overhead applied to production

[$3, 500 + $49, 000 + $13, 000 + $11, 000 = $76, 500]

Dr Cost of goods sold $145, 000

Cr finished goods $145, 000

Record cost of jobs or goods completed and sold

8 0

3 years ago