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3 years ago

Kenner company produces two products: SR200 and TX500. Budged sales for four months are as follows;

Business

1 answer:

NARA [144]3 years ago

8 0

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Budgeted production TX500

May 20,000

June 32,000

July 39,000

August 46,000

TX500 should have 40% of next months sales in ending Inventory. On May 1, there were 9,000 units of TX500.

Production for June:

Sales= 32,000 units

Ending inventory= (39,000*0.40)= 15,600

Beginning inventory= (32,000*0.4)= 12,800 (-)

Total= 34,800 units

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Discuss motown production techniques as applied to motown girl groups of the 1960s, including specific artists and performance/n

Liono4ka [1.6K]

Motown records was created by Berry Gordy Jr. who is an American record executive, record producer, song writer, film producer and television producer. The Motown record company played a very important role in the racial integration of popular music as an African-American owned label that got crossover success. Motown was the most successful record label of soul music. Motown producers believed "resolutely" in KISS principle (keep it simple stupid) and they used Pop production techniques such as the use of orchestral string sections, charted horn sections, and carefully arranged support vocals. Complex arrangements and melismatic vocal riffs were avoided.

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4 years ago

The Pinetop Corporation issues 1,000 shares of 6%, $100 par value preferred stock at the beginning of 2014. All remaining shares

lidiya [134]

Answer:

$12,000 and $6,000

Explanation:

For computing the dividend, first we have to find out the yearly dividend which is shown below:

= Number of shares × par value per share × dividend rate × number of years

= 1,000 shares × $100 × 6% × 2 years

= $12,000

Out of $18,000, the $12,000 will be paid to preferred stockholders and the remaining $6,000 will be paid to common stockholders

5 0

3 years ago

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

nika2105 [10]

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.

4 0

3 years ago

Are the costs of debt and equity observable in the capital markets? If not, how do you estimate that cost of capital?

Levart [38]

Depending on the supply and demand of equity, a bond’s price can vary, thus the premium or discount price.

For example, when the interest rate falls, older bonds may become valuable because they were sold in a higher interest rate environment and therefore with a higher coupon rate. Consequently, investors holding those bonds can commend a "premium" to sell equity. On the other hand, if the interest rate rises, older bonds may become less valuable. In order to get rid of them, investors may have to sell for less, thus the "discount” price.

Bond prices are quoted as a percent of the bond’s face value, and an easy way to learn the price of a bond is simply by adding a zero to the price quoted. For instance, when you hear a bond is quoted at 99, it means the price for the bond is $990 for every $1,000 of face value. Because the bond price is below the face value, it’s said the bond is traded at a discount. On the other hand, if the bond is trading at 101, it means you will pay $1,010 to get that $1,000 face value bond.

The dividend discount model (DDM) is a procedure for valuing the price of a stock by using the predicted dividends and discounting them back to the present value. If the value obtained from the DDM is higher than what the shares are currently trading at, then the stock is undervalued.

Learn more about equity here

brainly.com/question/1957305

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3 0

2 years ago

g Suppose that if GSI drops the price on the Glucoscan 3000 immediately, it can increase sales over the next year by 30% to 130,

Amanda [17]

Complete Question:

Glucose Scan Incorporated (GSI) currently sells its latest glucose monitor, the Glucoscan 3000, to diabetic patients for $129. GSI is considering lowering the sale price to $99 per unit. The cost of goods sold for each Glucoscan unit is $50, and GSI expects to sell 100,000 units over the next year. The marginal corporate tax rate is 40%. Suppose that if GSI drops the price on the Glucoscan 3000 to $99 immediately, it can increase sales over the next year by 30% to 130,000 units.

Also suppose that for each Glucoscan monitor sold, GSI expects additional sales of $100 per year on glucose testing strips and these strips have a gross profit margin of 75%. These strip sales occur on all monitor sales regardless of the price of the monitor. Including the increase in the sale of testing strips, the incremental impact of this price drop on the firms EBIT is closest to:

Answer:

$720,000

Explanation:

Incremental Earnings Before Interest and Tax Analysis

Details Current price Reduced price

Units Sold 100,000 130,000

Unit sales price 129 99

Sales Revenue $12,900,000 $12,870,000

Cost of Goods sold at $50 5,000,000 $6,500,000

Gross Profit $7,900,000 $6,370,000

G. Profit on Strips sold at $75 $7,500,000 $9,750,000

Total Gross Profit for the year $15,400,000 $16,120,000

The Net benefit of this price change is increase of Earnings before interest and tax by $720,000.

3 0

3 years ago