Answer:
20units per hour
Explanation:
Because The capacity at stamping is 120/(90+120*0.5+9-+240*0.5)*60=20 units per hour. The capacity at assembly is 1/30*12*60=24 units per hour. Therefore, stamping is the bottleneck.
Answer:
Please see explanation
Explanation:
The following journal entries shall be recorded by the Pina Inc in its accounts for the transactions mentioned in the question:
July 1, 2020 Debit Credit
Treasury shares $9,048
(104*87)
Bank $9,048
(Reacquiring of 104 shares at $87 per share)
September 1, 2020 Debit Credit
Bank $5,670
(63*90)
Treasury shares $5,481
(63*87)
Paid in capital $189
(5,670-3,567
(Reissuing of 63 shares at $90 per share)
November 1, 2020 Debit Credit
Bank $3,403
(41*83)
Paid in capital $164
(3,567-3,403)
Treasury shares $3,567
(41*87)
(Reissuing of 41 shares at $83 per share)
The unique and group keyword will be assumed
Answer:
$8,000
Explanation:
Given that,
Equipment:
Book value = $48,000
Estimated Undiscounted Cash Flows = $43,000
Fair value = $40,000
Building:
Book value = $81,000
Estimated Undiscounted Cash Flows = $83,000
Fair value = $78,000
Patent:
Book value = $43,000
Estimated Undiscounted Cash Flows = $47,000
Fair value = $45,000
From the above information, we can conclude that only the equipment is impaired as it is the only asset whose estimated future cash flows are less than its book value.
The impairment loss obtained from the asset is determined as the difference between the fair value and the book value.
Amount of loss should be recorded due to asset impairments:
= Book value - Fair value
= $48,000 - $40,000
= $8,000
Answer:
Greenmail
Explanation:
Greenmail is when a firm that is under the threat of a potential hostile takeover attempt buys the outstanding shares of the individual that is posing the hostile takeover threat. this purchase is usually at a premium to market price.