Answer:
Explanation:
Budgeted direct cost rate= budgeted direct cost/professional labor hours available =97500/1500=$65 per labor hour
Budgeted indirect cost rate= Budgeted indirect cost/ professional labor hours = 2475000/45000= $55
Job R:
Direct cost:
Job R - 120H*65=7800
Add: Indirect cost:
120H* 55=6600
TOTAL R JOB=14400
Job P:
DC:
Job P - 160H*65=10400
IC:
160H*55=8800
TOTAL P JOB=19200
In the balance sheet, in order to account for the money or amounts that go to an fro in the sheet, we use the equation,
NW = As - Li
where NW is the networth, As is the asset, and Li is liabilities.
From the given above, the total asset (As) is given to be $166.859M. The net worth is equal to the sum of the common stock, cash, and retained earnings.
Networth = ($5.080 M) + ($8.040 M) + ($36.411 M)
Networth = $49.531
The the equation above, we may derive the equation for liability by transposing,
Li = Asset - Networth
Li = ($166.859 M) - ($49.531 M)
Li = $117.328
Hence, the total liability is equal to $117.328.
Answer: False
Explanation: Due to the fact that customers are making the videos themselves, they are likely to change their behavior which would make the information false and not accurate. Other people are not necessarily using situational observation.
Hope this helps! :)
Answer:
Selling stocks to raise money is a practice known as equity financing. Stocks are equity. Equity are assets minus liabilities.
Stocks would give Kenji partial ownership of the firm. The amount of ownership demends of how many stocks he buys.
If NanoSpeck runs into financial difficulty, people that hold bonds will be paid first than people who hold stocks. Bonds, contraty to stocks, are liablities, not equity, and when a company declares bankruptcy, it has to pay liablities first, and if there is any money left, it then pays to stockholders.
A) Untrue - If Kenji buys stocks from another stockholder, the revenue goes to the stockholder, not to NanoSpeck.
B) True - The value of stocks largely depend on economic expectations. If the economy is expected to enter a recession, the value of Kenji's stock will most likely go down.
C) True - If the market considers that NanoSpeck is in a healthy financial position, then, the Nano Speck stocks that Kenji holds will likely rise in value.
Explanation:
Answer: 2016 = 28.18 %
2017 = 40.03 %
Explanation: Cost of goods sold as a percentage of net sales can be calculated as follows :-
so by putting the values into equation for the two years :-
year 2016
= 28.18 %
year 2017
= 40.03 %
