What financial behaviors will typically lead to a low credit score everfi?

The following data for Romero Products Inc. are available:

Mkey [24]

Answer:

Sales quantity factor = - $600,000

Unit price factor = $760,000

Explanation:

sales quantity factor is the effect of change in number of units sold with respect to the budgeted price or planned price.

Unit price factor is the change in price per unit with respect to the actual number of units sold.

Unit price factor $(220-200)×38,000 = $760,000

Sales quantity factor (38,000 - 41,000) × $200 = -$600,000

Kindly see attached picture

3 0

3 years ago

The Phoenix Corporation's fiscal year ends on December 31. Phoenix determines inventory quantity by a physical count of inventor

lutik1710 [3]

Answer:

1. Merchandise held on consignment for Trout Creek Clothing.

Excluded from the company's year-end inventory because they belong to another company.

2. Goods shipped f.o.b. destination on December 28 that arrived at the customer's location on January 4.

Included in the company's year-end inventory because FOB destination shipments transfer ownership only after they are delivered, not while on transit.

3. Goods purchased from a vendor shipped f.o.b. shipping point on December 26 that arrived on January 3.

Included in the company's year-end inventory because FOB shipping point shipments transfer ownership after they leave the seller's facilities.

4. Goods shipped f.o.b. shipping point on December 28 that arrived at the customer's location on January 5.

Excluded from the company's year-end inventory because FOB shipping point shipments transfer ownership after they leave the seller's facilities, so they belong to the buyer now.

5. Phoenix had merchandise on consignment at Lisa's Markets, Inc.

Included in the company's year-end inventory because merchandise on consignment belong to the company, not to Lisa' Market.

6. Goods purchased from a vendor shipped f.o.b. destination on December 27 that arrived on January 3.

Excluded from the company's year-end inventory because FOB destination shipments transfer ownership only after they have been delivered, not while in transit.

7. Freight charges on goods purchased in 3.

Included in the company's year-end inventory because freight costs under FOB shipping point are paid by the buyer.

3 0

3 years ago

The person who receives financial protection from a life insurance plan is called

AveGali [126]

The person who receives financial protection from a life insurance plan is called a Beneficiary. The other side is the policy owner. he beneficiary is usually selected at the time of the policy inception by the owner of the contract.Beneficiary Order , Beneficiary Changeability and Beneficiary Legal Type are the three types of Beneficiaries for Life Insurance.

4 0

4 years ago

Following is information on two alternative investments being considered by Jolee Company. The company requires a 12% return fro

goblinko [34]

Answer:

Project A Project B

Initial investments ($170,000) ($115,000)

CF Year 1 $42,500 $34,500

CF Year 2 $58,500 $52,500

CF Year 3 $82,795 $68,500

CF Year 4 $92,900 $68,500

CF Year 5 $67,500 $68,500

using an excel spreadsheet and the IRR function, the internal rate of return of each project is:

Project A's IRR = 26.02%
Project B's IRR = 36.31%

We can use the discount rate (12%) to calculate the projects' NPV, we do not need it to calculate their IRR:

Project A's NPV = $70,855
Project B's NPV = $88,815

6 0

3 years ago

Company X has 2 million shares of common stock outstanding at a book value of $2 per share. The stock trades for $3 per share. I

Vera_Pavlovna [14]

Answer:

Correct option is B.

<u> The weight of debt for WACC purposes is 23.08%</u>

Explanation:

Amount of debt = 2 million x 0.90

= 1.80 million

Amount of equity = 2 million x 3

= 6 million

Weight of debt = amount of debt/ (amount of debt + amount of equity)

= 1.80 million / ( 6 million + 1.80 million)

=23.08%

8 0

4 years ago