Answer:
See below
Explanation:
The cost of goods manufactured is computed as;
Beginning inventory
$25,300
Add ;
Raw materials purchases
$106,100
Cost of goods available for sale
$131,400
Less:
Ending inventory
$39,100
Cost of goods sold
$92,300
Add:
Beginning work in process
$24,100
Less:
Ending work in process
($26,600)
Cost of goods manufactured
$89,800
Answer:
a. $5,194,000
b. $7,715,000
Explanation:
a. Book Value of assets = Book value of fixed assets + book value of current assets
Book Value of assets = Book value of fixed assets + (Current Liabilities + Net working capital)
Book Value of assets = $4,200,000 + ($850,000 + $144,000)
Book Value of assets = $5,194,000
b. Sum of market value = $7,600,000 + ($965,000 - $850,000)
Sum of market value = $$7,600,000 + $115,000
Sum of market value = $7,715,000
Answer:
A. 11 %
Explanation:
Given that TopCo owns 40% of Botco, in order to gain control botco, it must either directly or/and indirectly have more than 50% of botco voting stock. Meaning it must acquire more than 10% extra in order to gain control. Thus, if Midco that topco have 60% of is able to acquire 11% of Botco, then topco will be able to have 51% control over botco with 40% coming directly and 11% coming indirectly through it 60% control over Midco.
Answer:
all are correct A, B and C
Explanation:
The marginal cost hiring another worker and producing a sandwich = $5.50 per sandwich, which is higher than the marginal revenue.
If the selling price per sandwich is $5 and the marginal cost per sandwich is $5.50, the firm will lose $0.50 for every sandwich that it sells.
Therefore the firm would be losing money is they hire an extra worker.
In order to maximize the profit, the marginal cost = selling price.
Answer:
a. How long will the current bridge system work before a new bracing system is required?: 64.18 years or 64 years and 2 months.
b. What if the annual traffic rate increases at 8 % annually: The bracing system will last for 24.65 years or 24 years and 7 months.
c. At what traffic increase rate will the current system last only 12 years: 17.13%
Explanation:
a. Denote x is the time taken for the number of pedestrian to grow from 300 to 2000. The current pedestrian is 300, the grow rate per year is 3% or 1.03 times a year. Thus, to reach 2,000, we have the equation: 300 x 1.03^x = 2000. Show the equate, we have 1.03^x = 6.67 <=> x = 64.18
b. Denote x is the time taken for the number of pedestrian to grow from 300 to 2000. The current pedestrian is 300, the grow rate per year is 8% or 1.08 times a year. Thus, to reach 2,000, we have the equation: 300 x 1.08^x = 2000. Show the equate, we have 1.08^x = 6.67 <=> x = 24.65.
c. Denote x as traffic increase rate. The current pedestrian is 300, the grow rate per year is (1+x) times a year. Thus, to reach 2,000 after 12 years and thus a new bracing system to be in place, we have the equation: 300 x (1+x)^12 = 2000. Show the equate, we have (1+x)^12 = 6.67 <=> 1+x = 1.1713 <=> x = 17.13%.