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3 years ago

Assignment: Chapter 01: Concept Check Quiz

Business

1 answer:

Talja [164]3 years ago

8 0

Answer:

Spellberg Inc.

Ramon Frustration with monotonous job:

d. Job variety, good compensation, and independence

Explanation:

Ramon is tired of a monotonous job, he needs job variety. For lack of appreciation for hard work, he needs good compensation. To enjoy some level of independence, he feels the lack of freedom from his former role, so he needs a job that commanded job variety, good compensation, and independence. This is surely offered by a role in sales, where he will be meeting with a variety of customers with varying degrees of interaction. He is out to solve people's problems, and a role in sales is the best to meet this need.

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Scenario: Mary Ling works for XYZ Corporation, LLC and they have just merged with ABC, Inc. Mary’s job, supervisor, and work loc

Minchanka [31]

Answer: c. Mary will need to send some sort of official documentation regarding the merge or company name change to the DSO, so that her record can be updated.

Explanation:

The options to the question are:

a. This is a new company and new position, Mary will need to compelete a new CPT application.

b. Nothing has changed, Mary does not need to provide any updates.

c. Mary will need to send some sort of official documentation regarding the merge or company name change to the DSO, so that her record can be updated.

d. Mary can call campus and just tell someone.

From the question, we are informed that Mary Ling works for XYZ Corporation, LLC and they have just merged with ABC, Inc. In this case since there is a merger, Mary has to send official documentation to the DAO in order to notify them about the merger and the change of name of the company. When the documents are received by the DSO, it'll be processed and the change will be effected in the student's record.

4 0

3 years ago

OHARA COMPANY

blondinia [14]

Answer:

Explanation:

From the given information, the ratio analysis for the year 2017 at OHARA Company can be computed as follows:

1. Working capital = Current (assets - liabilities)

Working capital = $458900 - $195500

Working capital = $263,400 (for 2017)

Given that the working capital for 2016 = $160,500

Thus, the % increase of 2017 over 2016 = 64.11% increase.

2. Current ratio = Current assets / Current liabilities

Current ratio = 458,900/195,500

Current ratio = 2.35 (for 2017)

Given that the Current ratio for 2016 = 1.65

Thus, the % increase of 2017 over 2016 = 42.43% increase

3. Free cash flows = Operating cash flows - Capital expenditure - dividends

Free cash flows = $190800 - $92000 - $31000

Free cash flows = $67,800

Given that the free cash flow for 2016 = $48,700

Thus, the % increase of 2017 over 2016 = 39.22%

$Debt to assets ratio = \dfrac{Total \ debt} { total \ assets}$

Debt to assets ratio = 395,500/10,34,200

Debt to assets ratio = 38.24%

Given that the debt to assets ratio for 2016 = 31%

Thus, the % increase of 2017 over 2016 = 23.35%

Earnings per share = $\dfrac{earnings \ available \ to \ equity \ shares}{weighted \ a verage \ equity \ shares}$

Earnings per share = $\dfrac{153100}{50000}$

Earnings per share = $3.06

Given that the earnings per share = $3.15

Thus, the % decrease of 2017 over 2016 = 2.86%

3 0

3 years ago

Christmas Timber, Inc., produces Christmas trees. The trees are produced through a cutting and pruning process. Machine maintena

seropon [69]

Answer:

Cutting = $62,020

Pruning = $16,280

Explanation:

<em>The direct method does not consider the impact of reciprocal servicing arrangement when allocating the overhead of service centers and only allocates overhead to the production cost centers only.</em>

Allocation of Overhead

Janitorial overhead

Cutting = 6/(6+54)× $5,000 = $500

Pruning =54/(6+54) × $5,000= $4,500

Maintenance overhead

Cutting = 9/(9+1)× $7,800 = $7020

Pruning =1/(9+1) × $7,800= $780

Total cost of production department

Cutting = 54,500 + 500 + 7020= 62,020

Pruning department = 11,000 + 4,500 + 780 = 16,280

Cutting = $62,020

Pruning = $16,280

7 0

3 years ago

Piedmont Hotels is an all-equity company. Its stock has a beta of 1.23. The market risk premium is 6.9 percent and the risk-free

never [62]

Answer:

The required rate of return for the project will be 13.087%

Explanation:

To calculate the required rate of return for the project, we must first calculate the required rate of return for the firm's equity. The required rate of return can be calculated using the CAPM or Capital Asset Pricing Model equation. The formula for required rate of return (r) under this model is,

r = rRf + Beta * rpM

Where,

rRF is the risk free rate
rpM is the risk premium on market

r = 0.027 + 1.23 * 0.069

r = 0.11187 or 11.187%

The discount rate that is usually used for an all equity firm is its required rate of return. Thus, the required rate of return for the project will be,

r = 0.11187 + 0.019

r = 0.13087 or 13.087%

5 0

3 years ago

Daget Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated

AnnyKZ [126]

Answer:

$15.34

Explanation:

The formula and the computation of the predetermined overhead rate is shown be

Predeterminer overhead rate = Manufacturing overhead ÷ direct labor hours

where,

Manufacturing overhead is

= $359,860 + $8,300

= $368,160

And, the direct labor hours is 24,000

So, the predetermined overhead rate is

= $368,160 ÷ 24,000

= $15.34

4 0

3 years ago