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3 years ago

The following data has been provided for a compan most recent year of operations:

Business

1 answer:

Sidana [21]3 years ago

4 0

Answer:

It is $9,450 (A)

Explanation:

Return on Investment = 40% * $ 45,000

=$18,000

Minimum Required Return = 19% *$ 45,000

= $8,550

Hence, Residual Income = $18,000-$8,550

=$9,450

Minimum required return represents the amount of returns that must be generated on investment to satisfy the expectations of providers of funds.

Residual income is what is left after dividends and interest have been paid to the various investors which can be retained for future investment.

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Coronado's Place recorded the following data:

Lorico [155]

Answer:

The weighted average unit cost of the inventory at January 31 is $496

Explanation:

Weighted Average unit cost the average cost of units on hand on each day. It is calculated by dividing total inventory value by total available units.

Date Unit Received / Sold On Hand Unit Cost Balance

1/1 Inventory 540 units at $2.80 540 $1,512 $1,512

1/8 Purchased 960 units at $2.3 1500 $2208 $3,720

1/12 Sold 1,300 at ($3,720/1500) 200 $3,224 $496

4 0

3 years ago

dar Grove Industries produces and sells a cell phone-operated home security control. Information regarding the costs and sales o

Neporo4naja [7]

Answer:

.................................................................................................

Particulars Unit cost Amount

Sales income $ 47 $ 376,000

Less: Variable cost $ 24 $ 192,000

---------------------------------------------------------------------------

Contribution Margin $ 13 $ 184,000

Less: Fixed cost $ 124,000

---------------------------------------------------------------------------

Net income $ 60,000

...................................................................................................

Explanation:

Given:

Unit selling price = $ 47

Variable cost = $ 24

Total monthly fixed cost = $ 124,000

Number of units sold = 8,000

CVP income statement for Cedar Grove Industries for the month of May is as:

.................................................................................................

Particulars Unit cost Amount

Sales income $ 47 $ 376,000

Less: Variable cost $ 24 $ 192,000

---------------------------------------------------------------------------

Contribution Margin $ 13 $ 184,000

Less: Fixed cost $ 124,000

---------------------------------------------------------------------------

Net income $ 60,000

...................................................................................................

here, the amount is for the total unit i.e 8000 units multiplied by the unit cost

8 0

3 years ago

If the equilibrium price of avocados is $4 and the government issues a price ceiling of $4.50, what is likely to happen in the m

Marat540 [252]

Answer:

A surplus of avocados will result from the price ceiling.

Explanation:

A price ceiling is when the government or an agency of the government sets the maximum price for a good or service.

A price ceiling is binding when it is set below equilibrium price.

The price ceiling ($4.50) is less than the equilibrium price ($4) of avocados. As a result, surplus would increase. The supply of avocados would exceed the demand because price ceiling is above equilibrium price

6 0

3 years ago

The cob Douglas production function is given by Q(K,L)=AK^1.4*L^1.6

Alexeev081 [22]

Part a) The Cob Douglas production function is given as:

$Q(K,L)=AK^{1.4} L^ {1.6 } .$