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mojhsa [17]
3 years ago
13

Garza company had sales of $149,000, sales discounts of $2,225 and sales returns of $3,525. Garza's net sales equals

Business
1 answer:
nika2105 [10]3 years ago
4 0

Answer:

Garza's net sales equals $143250.

Explanation:

Net sales = gross sales - sales return - sales discount

                = $149,000 - $3,525 - $2,225

                = $143250

Therefore, Garza's net sales equals $143250.

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Wilson Dover Inc. The total value (debt plus equity) of Wilson Dover Inc. is $500 million and the face value of its 1-year coupo
Nutka1998 [239]

Answer:

7.42%

Explanation:

Value = 500 million

Amount of debt = 200 million

Time = year

Volatility = 6%

Risk free rate = 0.05

Nd1 = 0.9720

Nd2 = 0.9050

We have to calculate the value =

500 - (500 x 0.9720 - 200 x e^-0.05 x 0.9050)

= 186.17 million

We now calculate the yield

(200/186.17)^1 - 1

= 0.0742

= 7.42%

6 0
2 years ago
When a corporation fails, the maximum that can lost by an investor protected by limited liability is:________
Lorico [155]

When an investor is protected by limited liability, the most they can lose if the company in which they have invested goes bankrupt is the amount that they first invested.
Hence, Investment completes the sentence "...limited liability is an investment. "

This is further explained below.

<h3>What is the investment?</h3>

Generally, When an investor is protected by limited liability, the most they can lose if the company in which they have invested goes bankrupt is the amount that they first invested.

Limited liability is one in which a person's financial obligation is restricted to a certain amount.

This predetermined amount is often equal to the value of the human's stake in a corporation, or firm.

In conclusion, Investing is using money now in the hopes of earning a higher return in the future. The goal of every investment is to provide a return that is higher than the initial outlay of resources

Read more about investment

brainly.com/question/15353704

#SPJ1

7 0
2 years ago
A manufacturing company budgeted for $1,240,000 in manufacturing overhead and expected 400,000 direct labor hours. Actual overhe
valina [46]

Answer:

a. Under applied by $9,000

Explanation:

Budgeted overheads = $1,240,000

Budgeted overheads = 400,000

Budgeted rate per hour = $1,240,000/400,000 = $3.10

Actual overhead = $1,200,000

Actual Hours = 390,000

Actual Rate per hour = $3.077

budgeted overhead for actual hours = 390,000 \times $3.10 = $1,209,000

Thus, overheads under applied = Standard - Actual = $1,209,000 - $1,200,000 = $9,000

Since actual overheads are less than budgeted it is under applied in case it was more than budgeted then i would be over applied.

Final Answer

a. Under applied by $9,000

8 0
3 years ago
Childress Company produces three products, K1. S5, and G9. Each product uses the same type of direct material. K1 uses 4.7 pound
NikAS [45]

Answer:

K1 has contribution of $15.40 per pound

S5 has contribution of $8.50 per pound

G9 has contribution of $11.70 per pound

Explanation:

The contribution per pound of each can be computed by first of all calculating contribution per unit of each of the products produced by Childress company,then dividing each contribution per product by the number of pounds of direct materials used by each product as shown below.

                                            K1                    S5                         G9

Selling price                      $158.38        $114.80                  $204.52

variable costs                    ($86.00)       ($91.00)                 ($139.00)

Contribution per product    $72.38         $23.80                  $65.52

Material usage in pds           4.7             2.8                             5.6

Contribution margin per pd  $15.40    $8.50                           $11.70

       

5 0
3 years ago
Alex and Jane are the best economists that FlexMoney Inc., a consulting firm, has. However, FlexMoney is in urgent need to hire
REY [17]

Answer:

Job elements method

Explanation:

Job elements methodbis defined as a work oriented job analysis method. It is more focused on human attributes that are needed to ensure superior performance on the job.

Job elements method is used to match employees with the activities that best suits their abilities.

Alex and Jane work as economists, and asked to provide criteria that are instrumental to success in their field. This is done to help with hiring of more economists. This emphasis on human attributes that will give success in the job role is called Job elements method.

5 0
3 years ago
Read 2 more answers
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