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2 years ago

Which of the following is false regarding net realizable value (NRV)?

Business

1 answer:

juin [17]2 years ago

6 0

Answer:

A. NRV is the estimated selling price after processing the product beyond the split-off point.

Explanation: Net realisable revenue is a term used in inventory management or in accounting to refer to the amount of cash expected front the sale of an asset or an inventory after subtracting the total cost associated with the disposal (sale) of that asset or inventory from the total amount received from the buyers of the inventory or the asset. Net realisable revenue can be used to determine the actual net value of an asset.

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Determining Missing Items from Computations Data for the California, Midwest, Northwest, and Texas divisions of Firefly Industri

Ivanshal [37]

aAnswer:

Note: See the lower part of the attached excel for the table for the answer.

Explanation:

In the attached excel file, the following calculations are done:

(a) Operating income = Sales * Profit margin = $6,000,000 * 20% = $1,200,000

(b) Invested assets = Operating income / Return on investment = $1,200,000 / 16% = $7,500,000

(d) Sales = Operating income / Profit margin = 1,512,000.00 / 12% = $12,600,000

(e) Investment assets = Sales / Investment turnover = $12,600,000 / 1.40 = $9,000,000.00

(f) Return on investment = Investment turnover * Profit margin = 1.40 * 12% = 16.80%

(g) Operating income = Invested assets * Return on investment = $11,000,000 / 17.50% = $1,925,000

(h) Profit margin = (Operating income / Sales) * 100 = ($1,925,000 / $13,750,000) * 100 = 14.0%

(i) Investment turnover = Return on investment / Profit margin = 17.50% / 14.0% = 1.25 times

(j) Return on investment = (Operating income / Invested assets) * 100 = ($840,000 / $3,500,000) * 100 = 24.0%

(k) Profit margin = (Operating income / Sales) * 100 = ($840,000 / $5,250,000) * 100 = 16.0%

(l) Investment turnover = Return on investment / Profit margin = 24.0% / 16.0% = 1.50

Download xlsx

4 0

2 years ago

A customer opens an account at a brokerage firm to purchase securities in an offering. The customer must receive the disclosure

zhuklara [117]

Answer:

The correct option is A

Explanation:

NASAA stands for North American Securities Administrators Association,which describe or states that falling to provide or supply to customer, the purchasing securities in an offering.

It should be done at no later than the confirmation date of the transaction, either a preliminary prospectus or a final prospectus and an extra document, which altogether contained all the information stated in the final prospectus.

Therefore, the customer should receive the disclosure document on no later date than confirmation of the sale.

3 0

3 years ago

A ______ establishes a company's financial and strategic objectives, and provides a set of guidelines for achieving the desired

inysia [295]

Answer:

strategic plan

Explanation:

In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.

Typically, to formulate strategies that are well aligned with the mission of an organization or business firm, some of the activities that needs to be performed includes the following;

1. Knowing your core competencies: this involves identifying your strengths such as knowledge, technology, underlying skill, experience, ability or process that enables you to perform exceptionally and provide a unique set of products or services that meets the needs of your customers.

2. Assessment of the organization's internal strengths and weaknesses: it gives an organization certain advantages, edge and disadvantages in meeting the needs of various customers by analyzing their strengths, weaknesses, opportunities and threats (SWOT).

3. Examination of the organization's external environment: this involves examining and identifying all the factors outside of an organization that affects its performance such as customers, government policies, competitors etc.

4. Analyze your competitors: organization should ensure they are always a step ahead of the their competitors in the industry.

In conclusion, a business strategy or strategic plan sets the overall direction for an organization or business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan.

8 0

2 years ago

Location Score

dolphi86 [110]

Answer and Explanation:

The computation of composite score for each location is shown below:-

Composite score for A is

= 0.15 × 89 + .20 × 75 + 0.18 × 92 + 0.27 × 92 + 0.10 × 93 + 0.10 × 90

= 88.05

Composite score for B is

= 0.15 × 78 + .20 × 93 + 0.18 × 90 + 0.27 × 93 + 0.10 × 97 + 0.10 × 96

= 90.91

Composite score for C is

= 0.15 × 84 + .20 × 98 + 0.18 × 87 + 0.27 × 82 + 0.10 × 84 + 0.10 × 95

= 87.90

Therefore for computing the composite score for each location we simply multiply weight with A location and in the same manner of A, B and C

b. The maximum composite score from A, B and C is B

8 0

3 years ago

A company’s total monthly sales (in millions of dollars) t months from now are given by:

Elina [12.6K]

Answer:

a) $\frac{dS}{dt}=S'(t)= 2(0.5) t +3 = t+3$

b) $S(4) = 0.5*(4^2) +3(4) -5=15 million$

c) For this case we have the total sales $ 15 millions after t =4 months

d) $S'(4) = 4+3 = 7 million$

e) This value represent the increase in the amount of sales in millions after t=4 months

Explanation:

For this case we have the following function for the sales

$S(t) = 0.5 t^2 +3t -5$

Part a

For this case we want to find the derivate of S respect to t and we got:

$\frac{dS}{dt}=S'(t)= 2(0.5) t +3 = t+3$

Part b

For this case we want to find the value of S when t = 4 so if we replace we got:

$S(4) = 0.5*(4^2) +3(4) -5=15 million$

Part c

For this case we have the total sales $ 15 millions after t =4 months

Part d

For this case we just need to replace t=4 in the derivate and we got:

$S'(4) = 4+3 = 7 million$

Part e

This value represent the increase in the amount of sales in millions after t=4 months

3 0

3 years ago