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4 years ago

14

If cost of goods manufactured is $306,790, beginning work in progress inventory, $25,000, and cost to manufacture, $300,000, the

ending balance is $_______.

1 answer:

mamaluj [8]4 years ago

3 0

It would be -18,210 dollars

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Bubba is a shrimp fisherman who catches 4,000 pounds of shrimp per year. He can sell the shrimp for $5 per pound. His average to

Galina-37 [17]

Answer:

Bubba’s annual total revenue is c. $20,000

Explanation:

Revenue is the total amount that comes from sales, regardless of cost.

Bubba catches 4,000 pounds and sell them for $5 per pound, so the total amount (revenue) he receives from selling them is 4,000 * 5 = $20,000

Note: The information about the $3 cost is not necessary to calculate revenue

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4 years ago

A project has an initial cost of $6,900. The cash inflows are $850, $2,400, $3,100, and $4,100 over the next four years, respect

monitta

Answer:

Thus, payback period is = 3 years and 1.61 months

Explanation:

Payback period is the time it will take the project cash flows to recover the initial investment. The payback period for the project in question will be,

<u>Year</u> <u>Cash flow</u> <u>Remaining Amount</u>

1 850 (6900 - 850) = 6050

2 2400 (6050 - 2400) = 3650

3 3100 (3650 - 3100) = 550

As the year 4 cash flow is 4100, we know that the amount will be recovered in year 4. However, we will calculate the exact period or months in year 4 that it will take to recover total initial investment assuming that cashflow occurs at constant rate through out the year.

Time = 550 / 4100 * 12 = 1.61 months

Thus, payback period is = 3 years and 1.61 months

4 0

3 years ago

Which of the following is not included in GDP?the payments for a chiropractor's servicescash income paid to a day laborer that i

Scilla [17]

Answer:

cash income paid to a day laborer that is not reported to the tax authorities

Explanation:

GDP stands for Gross domestic product. It is the monetary value of all finished goods and services made within a country during a specific period.

It is calculated as GDP = private consumption + gross investment + government investment + government spending + (exports – imports).

Hence, cash income paid to a day laborer that is not reported to the tax authorities will not be included in GDP

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3 years ago

Weismann Co. issued 13-year bonds a year ago at a coupon rate of 11 percent. The bonds make semiannual payments and have a par v

Elis [28]

Answer:

$1,423.39

Explanation:

For computing the current bond price we use the present value formula i.e to be shown in the attachment below:

Given that,

Future value = $1,000

Rate of interest = 6% ÷ 2 = 3%

NPER = 13 years - 1 year = 12 years × 2 = 24 years

PMT = $1,000 × 11% ÷ 2 = $55

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

After applying the above formula, the current bond price is $1,423.39

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3 years ago

_____ is the strategy of preserving market share so that an organization can take advantage of very positive cash flow.

stira [4]

<span>This would be holding. By taking this tactic, the company is trying to stay where it is at and reap the benefits that they have earned thus far, without trying to take any unnecessary chances that might put their cash flow and profitability at risk.</span>

8 0

4 years ago