All categories

3 years ago

Which activity is an example of a time-based goal?

Business

2 answers:

Bumek [7]3 years ago

7 0

C. Farah wants to obtain her college degree in four years.

ANEK [815]3 years ago

5 0

The correct answer to this question is,

C.) Farah wants to obtain her college degree in four years.

You might be interested in

During the second and third trimesters, the caloric needs of a pregnant woman increase by _____ kilocalories per day. 100-200 35

siniylev [52]

Assuming that you are perfectly healthy, such that you are in the appropriate age to be pregnant and you have a normal body weight, your calorie intake should increase by 350-450 calories per day. To be sure, you should consult your doctor.

3 0

3 years ago

Carey Company buys land for $50,000 on 12/31/14. As of 3/31/15, the land has appreciated in value to $50,700. On 12/31/15, the l

sweet-ann [11.9K]

Answer:

Explanation:

There is no reason why Carey Company should increase their land account in 2015. As long as the company owns the land they should not modify the land account, since land doesn't depreciate. Even if they build something new on the land site, that will increase the land improvements account or buildings account, not the land account.

If they decide to sell the land then the original purchase value will serve as the basis for calculating capital gains taxes.

3 0

3 years ago

Murphy's, Inc., has 85,000 shares of stock outstanding with a par value of $1 per share. The market value is $12 per share. The

nexus9112 [7]

Answer:

The correct answer is $177,955.

Explanation:

According to the scenario, the computation of the given data are as follows:

Capital in excess of par account = $74,500

Common stock = $85,000

Retained earning = $141,500

So, we can calculate the balance in the capital in excess of par account be after the dividend by using following formula:

Capital after Dividend = Balance sheet amount of Capital + ( Issued additional share × Capital in excess of par per share )

Where,

Issued additional share = 11% × $85,500 = 9,405

And Capital in excess of par per share = $12 - $1 = $11

By putting the value, we get

Capital after dividend = $74,500 + ( 9,405 × $11)

= $74,500 + $103,455

= $177,955

8 0

3 years ago

To make a batch of 800 units, it is estimated that 120 direct labor hours are required at a cost of $12 per hour. Direct materia

Anna [14]

Answer:

It is more convenient to buy the product from an outsource supplier.

Explanation:

Giving the following information:

To make a batch of 800 units, it is estimated that 120 direct labor hours are required for $12 per hour. Direct material costs are estimated at $1,800 per batch. The overhead costs are calculated based on an overhead rate of $7.50 per direct labor hour. The item can be readily purchased from a local vendor for $5 per unit.

We need to determine whether it is more convenient to make in house or outsource.

Make in house:

Total variable cost= 120*12 + 1,800 + 120*7.5= $4,140

Unitary variable cost= 4,140/800= $5.18

Buy= 5

It is more convenient to buy the product from an outsource supplier.

6 0

4 years ago

If merchandise inventory is being valued at cost and the price level is steadily rising, the method of costing that will yield t

Anastaziya [24]

Answer:

FIFO

Explanation:

FIFO inventory system means the first purchased inventory are the first to be sold.

The LIFO inventory system means the last purchased inventory are the first to be sold.

The average cost inventory system means that the average cost of inventories are used as the cost of the goods sold.

For example, if a business has a beginning inventory of 5 biros at $2 each. On the first of December, the business purchased 10 pens at $2.50. On the 10th, 5 pens were purchased at $3. 15 pens are sold at $5 each. If the FIFO inventory system is used, the cost of goods sold would be = (5×$2)+(10×$2.50) = $35

Total revenue = $75

Net profit = $40.

If the LIFO inventory system is used, the cost of goods sold =(10 × $2.50) + (5×$3) = $40

Net profit = $35

The net profit is higher using the FIFO method.

I hope my answer helps you

3 0

4 years ago