J. C. Penney is in trouble; could James Dean be the answer?

Identify the type of cash flow activity for each of the following events (operating, investing, or financing): a. Redeemed bonds

Burka [1]

Answer is given below

Explanation:

type of cash flow activity

a. Redeemed bonds ---------------Fiancing

b Issued preferred stock -----------Fiancing

c. Paid cash dividends --------------Fiancing

d. Net income --------------------------Operating

e. Sold equipment --------------------Investing

f. Purchased treasury stock -------Fiancing

g. Purchased patents ----------------Investing

h. Purchased buildings -------------Investing

i. Sold long-term investments ----Investing

j. Issued bonds ------------------------Fiancing

k. Issued common stock -----------Fiancing

7 0

3 years ago

Gradwell, Inc., manufactures and sells two products: Product K8 and Product I4. Data concerning the expected production of each

lisabon 2012 [21]

Answer:

Gradwell, Inc.

The overhead applied to each unit of Product I4 under activity-based costing is closest to:_______.

$243.00 per unit.

Explanation:

a) Data and Calculations:

production per unit DL rate Total Labor Cost

product K8 300 5.0 1,500 $17.20 $25,800

product I4 900 3.0 2,700 $17.20 $46,440

total direct labor hours 4,200 $17.20 $72,240

production per unit Direct Materials Total Material Cost

product K8 300 $150.20 $45,060

product I4 900 $243.70 219,330

Total direct materials costs = $264,390

Estimated Expected activity

Activity Cost Pools Activity Measures Overhead Product Product Total

Cost K8 I4

labor related DLHs $176,064 1,500 2,700 4,200

machine setups setups 71,290 400 600 1,000

order size MHs 121,396 4,300 4,600 8,900

Total $368,750

Overhead Cost Allocation Product Product Total

K8 I4

Labor cost $62,880 $113,184 $176,064

Machine setups 28,516 42,774 71,290

Order size 58,652 62,744 121,396

Total $150,048 $218,702 $368,750

Quantity 300 900

Overhead per unit $500.16 $243.00

4 0

3 years ago

Top’s Hats Inc. uses a CRM system to integrate information on customers across its finance, sales, logistics and marketing depar

LuckyWell [14K]

Answer:

Data consolidation.

Explanation:

Data consolidation involves the gathering, collection and storage of data in a single place.

Data consolidation helps an organisation in the reduction of costs because the business will have no need for purchasing different hardwares such as routers and servers.

Data consolidation helps to improve the security system of the organisation by protecting it from various forms of cyberattacks.

3 0

4 years ago

1. Which type of business proposal or report is most likely to capture the attention of your manager? Explain your choice using

Tomtit [17]

Explanation:

A business proposal is a written document in which the offers and proposed plans given to the clients are listed. This proposal or report is got checked by the manager before sending to the client. Even if the simple report has to be presented to the manager, it must have some points that capture the attention of your manager. The proposal or report must cover every aspect which is being discussed.

- The writing of the proposal or report must be persuasive.

- It should be precise.

- The tone of the proposal must be professional.

- Important points should be marked bold or italic.

- Paragraphing should be used.

- Bullets, lists and Tables should be used where needed.

- The document should have a visual appeal.

All such things will make the document appealing and will capture the attention of your manager.

8 0

3 years ago

You are the only seller of eggs in town, and the price-elasticity coefficient for eggs is known to be 0.8. if you want to increa

kirill [66]

Answer: To increase sale by 10%, the seller must lower the price of the good by 12.5%.

Explanation: Price elasticity of demand measures the responsiveness of quantity demanded to a change in the price. Since, demand and price for a normal good are negatively related to each other, price elasticity is also negative. It can be calculated using,

$e_{d}=\frac{Precentage change in quantity demanded}{Percentage change in price} -0.8=\frac{10}{Percentage change in price} Percentage change in price = -\frac{10}{0.8} Percentage change in price = -12.5$

Therefore, to increase sale by 10%, the seller must lower the price of the good by 12.5%.

5 0

3 years ago