Answer:
inventory = 0.125
Explanation:
It is asking us to express the inventory as a percent of sales
Th common-size statement refer to express each valeu a percent of sales:
Sales 3,340 100.000%
income 274 8.234% (274 divided by 3340 times 100)
fixed assets 2,699 80.809%
current assets 836 25.030%
Inventory 417 0.12485 (417/3,340)
the answer should be a decimal so we don't covert to percent.
Answer: Yes they can.
Explanation:
Friendly Finance can sue Suburban as a Third Party beneficiary.
A Third Party beneficiary is one who is entitled to benefit from a contract made between two other parties.
A third party beneficiary has legal rights and can enforce their rights if certain clauses are met such as the existence of proof that they are indeed the intended beneficiaries.
In the above scenario, Suburban promises to pay Friendly Finance the amount that will be due A-One until A-One’s debt to Friendly Finance is paid and this was put into a contract. This proves that Friendly Finance is an INTENDED THIRD PARTY BENEFICIARY and seeing as A-One has performed as promised, Friendly Finance can take action against Suburban successfully.
Answer:
a. You should short the contract to hedge the portfolio.
b. You should enter 19 contracts.
Explanation:
a) According to the given becuase we own portfolio ( underlying), we need to sell future contracts in order to hedge. So short the contract to hedge the portfolio.
b. To calculate how many contracts should you enter we would have to use the following formula:
number of contract required = (beta * portfolio value) / (beta of futures"Index value * multiplier)
Therefore, N = 0.7*10,000,000 / (1*1500*250) = 18.67 = 19 contracts
You should enter 19 contracts
Answer:
Transfer price= $37
Explanation:
Giving the following information:
Its variable cost per unit is $25, and its fixed cost per unit is $12. Top management of Kobe International would like the Heating Division to transfer 14,600 heating units to another division within the company for $30.
If the Heating division is not operating ar full capacity, the fixed costs shouldn´t be taken into account. <u>In this case, the Heating Division is operating at full capacity. The minimum transfer price must include both fixed and variable costs.</u>
Transfer price= fixed costs + variable cost
Transfer price= 12 + 25= $37
Answer:
c. $2,000
Explanation:
Using the accounting equation
Assets - liabilities = Equity
Assets = $3,500
Stockholders' equity = $1,500
Liabilities = ?
The liabilities for Rockford as of December 31, 2022
= $3,500 - $1,500
= $2,000
The liabilities for Rockford as of December 31, 2022 is $2,000. Option c.