Answer:
Trend Analysis helps to interpret the changes in account balances over certain period of time. Trends in percentages is presented in the table below.
* Excel solution is attached for your reference.
Explanation:
For Rotorua Product Ltd, data trends (in percentages) can be computed using the following formula:
Trend in % = (Current Year ÷ Base Year) × 100
where: Base Year is assumed to be Year 1
Year 1 Year 2 Year 3 Year 4 Year 5
Sales 100.0% 107.9% 112.0% 121.0% 127.7%
Current Assets
Cash 100.0% 132.5% 112.6% 90.1% 95.4%
Accounts receivable, net 100.0% 102.9% 107.1% 119.7% 136.8%
Inventory 100.0% 108.3% 104.2% 109.9% 113.6%
Total current assets 100.0% 108.1% 105.6% 111.8% 119.9%
Current liabilities 100.0% 108.5% 103.7% 105.5% 128.0%
Answer:
Credit to cash for $3,000
Explanation:
Based on the information given the appropiate the journal entry to record payment of this invoice after the discount period has expired is: CREDIT TO CASH FOR $3,000 which is calculated as (1/2*$6,000).
Credit to cash for $3,000
(To record payment of invoice after the discount period has expired)
Answer: Direct materials quantity variance.
Explanation:
Direct Material quantity variance is the difference between the actual quantity of materials used in production and the standard quantity that was supposed to be used, multiplied by the standard price of the material.
It is a method that checks the company's efficiency is being able to use raw materials to produce goods. If the Actual quantity needed is greater than the Standard quantity, this will be considered an Unfavorable Variance and mean that the company was not efficient in using the materials.
Causes of this can be low quality of materials and inadequate employee training.
Answer:
The cost of equity capital is 8.24%
Explanation:
The cost of equity capital of a firm is the required rate of return on a firm's equity. In case of common equity, the required rate of return (r) can be calculated using the CAPM approach. The formula for required rate of return or cost of equity capital under this model is,
r = rRF + Beta * rpM
Where,
- rRF is the risk free rate
- rpM is the risk premium on market
r = 0.025 + 0.77 * 0.0745
r = 0.082365 or 8.2365% rounded off to 8.24%
Answer:
Gaming managers.
Business operations specialists. ...
Transportation inspectors. ...
Electrical power-line installers and repairers. ...
Postmasters and mail superintendents. ...
Subway and streetcar operators. ...
Petroleum pump system operators, refinery operators, and gaugers.
Explanation:
