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3 years ago

Consider the following three scenarios:

Business

1 answer:

telo118 [61]3 years ago

3 0

Answer:

Explanation:

I. the date the service was performed is on June 1st, Therefore revenue will be recoganized on June 1st.

II. Melly Corp received advance payment for raw material to be delivered to Drake Inc. in 6 month, Therefore revenue cannot be recognized on June 1st.

III. Lodo, LLC collected cash on June 1st for service rendered on May 1st. Therefore revenue will not be recoganized on june 1st

The revenue that cannot be recognized on June 1st for II and III case.

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A customer value proposition is a unique strength relative to competitors that provides superior returns, often based on quality

balu736 [363]

Product Protocol is a statement that, before product development begins, identifies (1) a well-defined target market; (2) specific customers' needs, wants, and preferences; and (3) what the product will be and do to satisfy consumers

Explanation:

Product protocol is also termed as Product definition ,Product requirement,Product deliverables.

A product protocol is required after the selection of the product and you are done with the Concept testing ,the preliminary sales forecasting of the product is also completed.

The Product Protocol can be said to be a written document or statement that is required by the various division of a company (like the R&D,Marketing,procurement,production departments)

4 0

3 years ago

A phenotypically non-bald woman and a bald man produce four bald sons and a non-bald daughter. What are the most likely genotype

Vera_Pavlovna [14]

Answer:

b. bb and BB

Explanation:

For example, pattern of baldness is dominant in man and recessive in female. This is because the gene for baldness (B) in heterozygous state (Bb) expresses itself in male but not in female. It means gene B for baldness behaves as a dominant in male and as a recessive in female. In man due to influence of male sex hormone, a single gene for this trait can cause loss of hair.

But in woman (due to the absence of the male sex hormone) two genes are required to produce baldness.

BB or Bb = Bald in males

bb = not bald in male

BB = Bald in females

Bb or bb = not bald in females

Non-bald womam (bb; XX) x Bald man (BB; XY)

XB BY

Xb XX; Bb (non-bald daughter) XY; Bb (bald son)

8 0

3 years ago

A firm is considering two mutually exclusive projects, X and Y, with the following cash flows:

Murrr4er [49]

Answer: MIRR (project x ) = 3.42% , Project Y = 4.51%

Explanation:

Modified internal Rate of return

Project X

Period (n) = 4

Weighted Average Cost of equity(WACC) = 8.0%

Cash out flow = -$1000

Cash Inflows = $100 year 1 , $280 year 2 , 370 year 3 ,$700 year 4

Present Value Cash Inflows = PVCIF = Cash Inflow/(1+WACC)^n

PVCIF = 100/(1+0.08)^1 + 280/(1+0.08)^2 + 370/(1+0.08)^3 + $700/(1+0.08)^4

PVCIF = 95.592592593 + 240.05486968 + 293.71792918 + 514.5208969

Present Value of Cash inflows (PVCIF) = $1143.8862884

Present Value of Cash out flows(PVCOF) = -$1000

Modified Internal Rate of Return (MIRR) = $\sqrt[n]{\frac{PVCIF}{PVCOF} } -1$

Modified Internal Rate of Return (MIRR) = $\sqrt[4]{\frac{1143.8862884}{10000} } -1$

Modified Internal Rate of Return (MIRR) = 0.034178971

Modified Internal Rate of Return (MIRR) = 3.41789971 = 3.42%

Project Y

Period (n) = 4

Weighted Average Cost of equity(WACC) = 8.0%

Cash out flow = -$1000

Cash Inflows = $1100 year 1 , $110 year 2 , $50 year 3 ,$55 year 4

Present Value Cash Inflows = PVCIF = Cash Inflow/(1+WACC)^n

PVCIF = $1100/(1+0.08)^1 + $110/(1+0.08)^2 + $50/(1+0.08)^3 + $55/(1+0.08)^4

PVCIF = 1018.5185185 + 94.307270233 + 39.691612051 + 40.42641904

Present Value of Cash inflows (PVCIF) = $10192.9438198

Present Value of Cash out flows(PVCOF) = -$1000

Modified Internal Rate of Return (MIRR) = $\sqrt[n]{\frac{PVCIF}{PVCOF} } -1$

Modified Internal Rate of Return (MIRR) = $\sqrt[4]{\frac{1192.9438198}{10000} } -1$

Modified Internal Rate of Return (MIRR) = 0.0450931421

Modified Internal Rate of Return (MIRR) = = 4.50931421 = 4.51%

4 0

3 years ago

Degelman Company uses a job order cost system and applies overhead to production on the basis of direct labor costs. On January

zaharov [31]

Answer:

Degelman Company

Job Cost Sheets:

Job 50 Job 51 Job 52

Beginning balances:

Direct materials $23,400

Direct labor $24,040

Manufacturing overhead $28,720

Direct materials 11,700 $45,630 $35,100

Direct labor 5,850 29,250 23,400

Manufacturing overhead 7,605 38,025 30,420

Total cost of Job 50 $101,315 $74,880 $88,920

Explanation:

a) Data and Calculations:

Beginning WIP: Job 50

Direct materials $23,400

Direct labor $24,040

Manufacturing overhead $28,720

Total cost of Job 50 $76,160

Finished Goods Inventory:

Completed Job No. 49 at a cost of $205,300

Raw materials $27,550

Sales of Job 49 = $142,740

Sales of Job 50 = $284,860

Manufacturing overhead:

indirect materials $19,890;

indirect labor $23,400;

depreciation expense

on equipment $14,040;

other manufacturing

overhead costs $18,720

Total overheads $76,050

Applied Overhead:

Direct Labor Overhead Applied

Job 50 5,850 $7,605

Job 51 29,250 38,025

Job 52 23,400 30,420

Total $58,500 $76,050

Overhead rate = 76,050/58,500 = $1.30

5 0

3 years ago

A budget should include a balance sheet and a(n)

kicyunya [14]

in the budgeting process you should create a budgeted balance sheet and budgeted income statement. Your balance sheet and income statement, whether budgeted or actual, are the two great financials. They reflect the bottom line, showing how the business is doing.

8 0

3 years ago