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Oliga [24]
4 years ago
12

Patrick Corporation inadvertently produced 10,000 defective personal radios. The radios cost $8 each to produce. A salvage compa

ny will purchase the defective units as they are for $3 each. Patrick's production manager reports that the defects can be corrected for $5 per unit, enabling them to be sold at their regular market price of $12.50. Patrick should:a) Sell the radios for $3 per unit.
b) Correct the defects and sell the radios at the regular price.
c) Sell the radios as they are because repairing them will cause their total cost to exceed their selling price.
d) Sell 5,000 radios to the salvage company and repair the remainder.
e) Throw the radios away.

Business
1 answer:
Anuta_ua [19.1K]4 years ago
3 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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Last year Blease Inc had a total assets turnover of 1.33 and an equity multiplier of 1.75. Its sales were $205,000 and its net i
Whitepunk [10]

Answer:

Had it cut costs and increased its net income by this amount, The ROE would have changed 11.64%.

Explanation:

Old Net profit margin = Net income/ Revenue

                                    = $10,600/$205,000

                                    = 5.170731707%

Old ROE = Net profit margin*Asset turnover*Equity multiplier

              = 0.0517*1.33*1.75

              = 12.03487805%

New net income = $10,600 + $10,250

                            = $20,850

New net profit margin = $20,850/$205,000

                                     = 10.17073171%

New ROE = 0.1017*1.33*1.75  

                = 23.67237805%

Change in ROE = New ROE – Old ROE

                          = 23.67237805%  - 12.03487805%

                           = 11.6375%

Therefore, Had it cut costs and increased its net income by this amount, The ROE would have changed 11.64%.

6 0
4 years ago
Rock Adventures has 15 employees each working 40 hours per week and earning $30 an hour. Federal income taxes are withheld at 15
Maslowich

Answer:

the actual direct deposit payroll is $12,843

Explanation:

The computation of the actual direct deposit payroll is shown below;

= Total salary - withholdings

= (15 × 40 × $30) - Federal income tax - state income tax - FICA tax

= $18,000 - ($18,000 × 0.15) - ($18,000 × 0.06) - ($18,000 × 7.65%)

= $12,843

Hence, the actual direct deposit payroll is $12,843

Basically we applied the above formula

4 0
3 years ago
Your sister formed her business as an LLC to protect herself from personal liability. At the same time she opens her business, t
Stels [109]

Answer:

The correct answer is A. She signed documents personally securing the debts of the business.

Explanation:

Anyone who joins another to develop a common project is a partner (from the Latin "socius") or partner. It is the contract that is established between the two, to regulate that relationship, that defines the responsibility of each of them for the whole project.

From a legal point of view, it is in that contract, at the very moment of incorporating the company, when obligations, rights, powers, etc. are also defined. And it is that by establishing the company an independent entity of the partners is created, with its own legal personality and its own assets.

Therefore, we find a scenario in which the legal entity, which is the company, appears on the one hand, and on the other, the natural persons, who are the partners that integrate it (or the partner in case of being before an SLU ).

7 0
4 years ago
Un pulpero compra 12 bolsas con 12 pan simples cada una a un precio de $8 cada una al vender 1 pan a $1 cuanto es su utlilidad s
yawa3891 [41]

Answer:

La ganancia del pulpero será de $48.

Explanation:

Dado que un pulpero compra 12 bolsas con 12 pan simples cada una a un precio de $8 cada una, para determinar cuál es su utilidad si vende todos los panes cada uno a $1 se debe realizar el siguiente cálculo:

(12 x 12) - (12 x 8) = X

144 - 96 = X

48 = X

Por lo tanto, si vende cada pan a $1, la ganancia del pulpero será de $48.

4 0
3 years ago
Fiscal policy involves the government changing its spending or taxing to influence the economy. What tends to happen to the rate
Bas_tet [7]

In a recession, government spending increases.

<h3>What happens to government spending in a recession?</h3>

A recession is when the gross domestic product of a country for four consecutive quarters is negative. When there is a recession, the government would want to increase money supply.

In order to increase money supply using fiscal tools, the government can either reduce taxes or increase government spending.

To learn more about fiscal policies, please check: brainly.com/question/25716528

#SPJ1

6 0
2 years ago
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