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3 years ago

Why might it be easier to begin a career as an accessory designer than a fashion designer?

1 answer:

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For you to complete the perfect outfit , many of the people will rely on the addition of the accessories. these can include such as jewelries, belts, shoes, hats, and etc. in the fashion industry , accessory design refers to the act of designing and creating these accessories. but also, some designer will just stick to the classic design, so you have to be unique.

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2) The costs of direct materials are classified as: B) C) D) A) Choice A B) Choice B C) Choice C D) Choice D Conversion cost Yes

RoseWind [281]

Answer:

Manufacturing cost , Prime cost

Explanation:

The direct materials are used in production and can be directly traced to the cost object.Thus direct materials are manufacturing costs and prime cost of a cost object.

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4 years ago

OptiLux is considering investing in an automated manufacturing system. The system requires an initial investment of $4 million,

Deffense [45]

Answer:

Requirement 1: $257,000 Positive

Requirement 2: IRR is higher than 10%

Explanation:

Requirement 1:

We can use the following formula, to calculate the net present value of the project:

Net Present Value = Annual Cash Inflows * Annuity Factor - Investment

Here

Annual Cash Inflow is $500,000

r is 10%

n is the life of the project which is 20 years

Annuity factor = (1- (1+r)^-n) / r = (1 - (1 + 10%)^-20) / 10% = 8.514

Investment is $4,000,000

By putting values in the above equation, we have:

Net Present Value = $500,000 * 8.514 - $4,000,000

NPV = $257,000 Positive

Requirement 2:

Internal rate of return gives the required rate at which NPV is zero.

Since NPV is positive at 10%, IRR will be higher than 10%.

Always remember that, increase in the discount rate decreases the NPV and vice versa.

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4 years ago

Cairns owns 80 percent of the voting stock of Hamilton, Inc. The parent’s interest was acquired several years ago on the date th

tensa zangetsu [6.8K]

Answer:

hello your question has a missing journal entry table attached below is the entry journal table completely filled

Explanation:

Amount of bonds acquired = 40% of original bond

i) Bonds payable = 40% * 1,300,000

= $520000

purchase price of bonds = $520000 * 96% ( FACE VALUE )

= $499200

hence the annual amortization

(bonds payable - purchase price of bonds ) / 10 years - 2 years

(520000 - 499200 ) / 8 = $20800/8 = $2600

ii) premium on bonds payable

$20800 - $2600 = $18200

cash amount = $520000 * 8% = $41600

intra entity expense and income table is attached below

from the table

iii) intra-entity interest expense = $39000 and the

iv) intra-entity interest income = $44200

v) investment in bonds

purchase price of bonds + annual amortization

= $499200 + $2600 = $501800

the book value on bonds as at 1st January 2011

=$1300000 * 105% = $1365000

Premium on bonds as at January 1st 2011

= $1365000 - $1300000 = $65000

amortization of premium as at January 1st 2011

=( ($65000) / 10 years ) * 2 years

= $13000

hence the controlling interest in bonds payable = $540800

vi) gains on retirement bonds

= $540800 - $499200 = $41600

attached below is the journal entry on 31st December 2013

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3 years ago

Employees often work with managers to develop a(n) __________ that outlines the fundamental purposes of their organization.a. or

Levart [38]

Answer: (C) Mission statement

Explanation:

Mission statement is one of the type of organization statement that is developed by the manager for the various types of fundamental purpose in an organization.

The primary objective of the mission statement in an organization is that it deals with the strategic planning by achieving long term goals.

According to the question, the employees worked with the manager in an organization for developing the mission statement that helps in outline the various types of fundamental process.

Therefore, Option (C) is correct.

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3 years ago

Winkin contributes property with a value of $45,000 and Blinkin contributes property with a value of $90,000 to form Boat Corp i

Vitek1552 [10]

Answer:

Winkin, with 25 shares of Boat Corporation, qualifies for Section 351 deferral of any gain or loss.

Explanation:

IRC Section 351 has this major requirement; it only applies to the exchange of property for voting stock in the corporation. If any shareholder involved in the transaction receives equity for something other than voting stock, e.g. services; the transaction may not qualify for tax deferral.

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3 years ago