Answer:
$162,200
Explanation:
The computation of the cost recorded in the asset account is shown below:
= List price - cash discount + freight cost + installation charges
= $160,000 - $3,200 + $2,400 + $3,000
= $162,200
The cash discount is computed below:
= List price × cash discount percentage
= $160,000 × 2%
= $3,200
All other information which is given is not relevant. Hence, ignored it
Answer:
The correct answer is Make-to-order.
Explanation:
Custom manufacturing is also known by its terms Make To Order (MTO) and Build To Order. This way of producing means that a product is made to order. So you do not work with a fixed inventory. Only when an order arrives, the necessary materials for production are requested from the suppliers. Also, those companies that do not actually produce, but make some small adjustments to the merchandise, have their own variant of MTO, called Assemble To Order (ATO). These production methods are opposed to manufacturing by stock (Make To Stock, MTS) and assembly by stock (Assemble To Stock, ATS).
Answer:
$1,000
Explanation:
The computation of the increase in the money supply is shown below:
But before that the multiplier is
= 1 ÷ required reserve ratio
= 1 ÷ 0.10
= 10
Now the increase in the money supply is
= Multiplier × saving in cash at home
= 10 × $100
= $1,000
hence, the above represent the answer and the same would be relevant
Answer:
$1,135.90
Explanation:
The Price of the Bond today is its Present Value (PV) alternatively known as the current price.
This can be calculated using a Financial Calculator by imputing values for the following parameters :
N = 10 × 2 = 20
P/YR = 2
PMT = ($1,000 × 10%) ÷ 2 = $50
FV = $1,000
I = 8 %
PV = ?
The PV will be $1,135.90
Therefore, the price of the bond today is $1,135.90
Answer: 11.26%
Explanation:
From the question, we are told that Roy's Welding has annual sales of $96,700, a profit margin of 7.45 percent, and a payout ratio of 40 percent ans that the firm has $11,500 of debt and owners' equity of $31,200.
The internal growth rate for this firm assuming the payout ratio remains constant goes thus:
We have to calculate the net income first and this will be:
= $96700 × 7.45%
= $7204.15
The total assets will be debt plus the equity. This will be:
= $11500 + $31200
= $42700
ROA will now be net income divided by
the total assets which will be:
=7204.15/42700
= 0.1687
Retention ratio will be:
= 1-payout ratio
= 1 - 40%
= 1 - 0.4
= 0.6
Therefore, internal growth rate will be:
=(ROA × Retention ratio)/[1-(ROA × Retention ratio)]
=(0.1687 × 0.6)/[1-(0.1687 × 0.6)]
= 0.10122/(1 - 0.10122)
= 0.10122/0.89878
= 0.1126
=11.26%
