Answer:
1. $2.60
2. 4 pounds
3. $10.40
Explanation:
Given that,
Price per pound of raw materials = $2.30
Freight-in = $0.20
Receiving and handling = $0.10
Quantity per gallon of the finished product—required materials = 3.60 pounds
Allowance for waste and spoilage = 0.40 pounds
1. Standard materials price per gallon:
= Price per pound of raw materials + Freight-in + Receiving and handling
= $2.30 + $0.20 + $0.10
= $2.60
2. Standard materials quantity per gallon:
= Quantity required materials + Allowance for waste and spoilage
= 3.60 pounds + 0.40 pounds
= 4 pounds
3. Standard materials cost per gallon:
= Standard materials price per gallon × Standard materials quantity per gallon
= $2.60 × 4
= $10.40
Answer:
The correct statement regarding the transfer of financial assets such as receivables:
b. II only.
Explanation:
The transfer is not regarded as payment for the debt. Therefore, a liability is recorded for the amount borrowed while the financial asset remains in the records of the transferor until the final settlement. Appropriate disclosures are made in the transferor's financial statements about the security on the financial assets.
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
The target capital structure and the companies that prefer them are:
Equity Capital structure:
- Managers with a conservative management style.
- Companies not in a position to provide collateral.
- Companies want to show a high credit rating.
Debt Capital:
- Companies with high growth rate.
- Businesses in the growth stage.
- Fast-growing companies like software.
<h3>What drives companies to pick either debt or equity?</h3>
Companies that are conservative and want to have high credit ratings will not employ debt as much because it is risky. Companies that cannot give collateral for debt also prefer equity.
Companies that are growing on the other hand, prefer to go for debt because they have the capacity to pay it off.
Find out more on the decision between debt and equity at brainly.com/question/24322461.
#SPJ1
Answer:
She Should Invest $3,815 now.
Explanation:
Future value is the accumulated value of principal and compounded interest earned in specific period on an specific return rate applied to present value. It is calculated by following formula:
FV = PV x ( 1 + r )^n
FV = Future Value = $5000
PV = Present Value = ?
r = return rate = 7%
n = number of years = 4 years
$5000 = PV ( 1 + 7% )^4
$5000 = PV ( 1 + 0.07 )^4
$5000 = PV ( 1.07 )^4
$5000 = PV x 1.311
PV = $5,000 / 1.311
PV = $3,815
