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3 years ago

5. Which of the following potato dishes is an example of multiple-stage

Business

1 answer:

anastassius [24]3 years ago

5 0

Answer:

B. Mashed Potatoes

Explanation:

When using multistage technique, potatoes would be used and prepared going more than just one step of cooking method before finished. SO the correct answer is Mashed Potatoes because for this dish, potatoes have to be precooked first, and then mashed and cooked again.

Meanwhile, for French Fries, potatoes are just fried only. And similarly, baked potatoes, steamed potatoes are also example of single stage technique because potatoes only go through 1 method of cooking which are baking, steaming, relatively.

You might be interested in

The first item appearing on the statement of owner's equity is Select one: a. net income b. the ending balance of owner's equity

nadya68 [22]

Answer:

The correct answer is letter "D": the beginning balance of owner's equity.

Explanation:

The statement of owner's equity reports the changes in a company's capital balance during a certain period. Thus, the transactions that increased or decreased stakeholder's equity is portrayed in this section. In the statement of owner's equity, the income earned during the current period is added to the beginning capital balance and the owner's equity withdrawals are deducted.

The statement of owner's equity shows at its head the Beginning equity balance -initial money invested in the company over a period.

8 0

2 years ago

Primus Corp. is planning to convert an existing warehouse into a new plant that will increase its production capacity by 45%. Th

Lelechka [254]

Answer:

1. 3 years and 9 months

2. $16,439,325

3. 20.33 %

Explanation:

The Summary of the Cash Flows for this project will be as follows :

Year 0 - $7,125,000

Year 1 $1,875,000

Year 2 $1,875,000

Year 3 $1,875,000

Year 4 $1,875,000

Year 5 $1,875,000

Year 6 $1,875,000

Year 7 $1,875,000

Year 8 $1,875,000

Payback Period

$7,125,000 = Year 1 ($1,875,000) + Year 1 ($1,875,000) + Year 1 ($1,875,000) + $1,500,000 / $1,875,000

= 3 years and 9 months

Net Present Value (NPV)

Calculation using a financial calculator :

- $7,125,000 CFj

$1,875,000 CFj

I/YR 12%

Shift NPV $16,439,325

Internal Rate of Return (IRR)

Calculation using a financial calculator :

- $7,125,000 CFj

$1,875,000 CFj

Shift IRR 20.33 %

7 0

3 years ago

ACME Confetti Corporation needs to finance $20 million for a plant expansion building project. They've decided to issue common s

Law Incorporation [45]

Answer:

Option (C) is correct.

Explanation:

The required proceeds:

= Amount need to be finance ÷ (1 - 7%)

= $20 million ÷ (1 - 0.07)

= $215,05,376.34 (approx)

Hence, the number of shares needed to be issued:

= required proceeds ÷ Issue price per share

= $215,05,376.34 ÷ $50 per share

= 430,108 shares (approx)

Therefore, 430,108 shares they need to issue to cover the cost of the project plus all floatation costs.

6 0

3 years ago

Assume a companys income statefor year 9 is as follows:

Fofino [41]

Answer:

14.91 and 24.77%

Explanation:

The computation of the company interest coverage ratio is shown below:-

Interest coverage ratio = Earning before interest and tax ÷ Interest

= $161,000 ÷ $10,800

= 14.91

Operating profit margin = (Earning before interest and tax ÷ Revenue) × 100

= $161,000 ÷ $650,000 × 100

= 24.77%

Therefore we have applied the above formula and hence option is not available.

6 0

3 years ago

The trial balance for Lindor Corporation, a manufacturing company, for the year ended December 31, 2016, included the following

Maurinko [17]

Answer:

Net income = $364,000

Earning per share (EPS) = $0.36 per share.

Explanation:

A continuous multiple-step statement of comprehensive income is a form of income statement shows in a categorical and continuous manner operating income, i.e. the profit earned from the primary activities of an entity through buying and selling merchandise, other income and expenses, and net income.

For this question, continuous multiple-step statement of comprehensive income can be prepared as follows:

Lindor Corporation

Multiple-step Statement of Comprehensive Income for 2016

Details $ 

Sales revenue 2,300,000

Cost of goods sold 1,400,000

Gross profit 900,000

Operating expenses:

Selling and administrative expenses (420,000)

Operating income 480,000

Non operating income and exp.:

Unrealized holding gains on inv. sec. 80,000

Interest expense (40,000)

Income before tax 520,000

Income tax (30% * $520,000) (156,000)

Net income  364,000 

EPS (364,000 / 1,000,000) 0.36

8 0

3 years ago