Answer:
$165,000
Explanation:
The first step is to calculate the work in process inventory
= 50,000/40/100
= 50,000/0.4
= 125,000
Therefore the total manufacturing cost can be calculated as follows
= 240,000-125,000+50,000
= 115,000+50,000
= 165,000
Hence the total manufacturing costs is $165,000
A. For knowing today's value of the bequest we need to know the period of time.
When the first payment occure and how many payments were made.
b. Immediate value of bequest is $3,000 After one year it needto be 1.16*3,000=$3,480 Plus the second payment will be 1.04*3,000=$3,120
Answer:
B) High, low
Firms and brands that continually attempt to operate in the <u>HIGH</u> price / <u>LOW</u> benefits quadrant do not survive over the long run as customer trust is Damaged.
Explanation:
Many times new products have a very short life because companies believe that they can charge very high prices because they are innovations, but they forget to provide the corresponding benefits of a very high price. Usually short living fads result from this strategy, because the customers will demand more for their money and if the product doesn't satisfy them, they wouldn't purchase it again. And with all the social networks we have today, gossip (and videos) about bad products travel extremely fast.
Answer:
6.0%
Explanation:
Given that :
Marginal income tax rate = 32%
Interest rate before taxes = 8.8%
Annual after-tax rate of return if bond matures in 10 years will be the same as the annual after tax rate of return since the annual rate is constant.
Hence,
Annual after tax rate of return = Interest rate × (1 - tax rate)
Annual after tax rate = 8.8% × (1 - 32%)
Annual after tax rate = 0.088 × (1 - 0.32)
Annual after tax rate = 0.088 × 0.68
Annual after tax rate = 0.05984
= 0.05984 × 100%
= 5.984% = 6.0%
Answer:
$85,000
Explanation:
In the balance sheet, a company records the value of assets at their historical cost. Assets are recorded in the balance sheet at the price that they were acquired. Even if a company has strong reasons to believe that the value of an asset has increased, It cannot adjust its value in the books.
Harper will record the value of the land at $85,000. $93,000 represents the fair value of the property. Harper cannot record the fair value in the balance sheet. The fair value is only used when disposing of the property. The only way of verifying the fair value is by selling the property.