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3 years ago

PLEASE HELP HURRY!! 20 POINTS!! WILL MARK BRAINLIEST IF CORRECT!

Business

1 answer:

Alexxandr [17]3 years ago

3 0

Answer:

to the president

Explanation:

because he has to see if he has to veto or pass it

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At the beginning of the month, the Forming Department of Martin Manufacturing had 14,000 units in inventory, 40% complete as to

Nuetrik [128]

Answer:

The equivalent units for <em>materials and conversion</em> are 74,600 and 74,400 respectively for the Forming Department.

Explanation:

Equivalent unit of material

= 14000 x 60% + 56000 x 100% + 12000 x 85%

= 74600

Equivalent unit of conversion

= 14000 x 80% + 56000 x 100% + 12000 x 60%

= 74400

4 0

4 years ago

After an intensive research and development effort, two methods for producing playing cards have been identified by the Turner C

Maurinko [17]

Answer:

A. 10,000 decks

Explanation:

In this we use the equation which is shown below:

Les us assume the selling price be X and the Quantity sold be Y

So,

EBIT = Y × X - Y × $1.00 - $10,000

EBIT = Y × X - Y × $1.50 - $5,000

If we solve this two - equation

Y × X - Y × $1.00 - $10,000 = Y × X - Y × $1.50 - $5,000

Y × $1.00 - $10,000 = Y × $1.50 - $5,000

Then, the quantity would be 10,000 decks

6 0

4 years ago

Here is the income statement for Skysong, Inc. SKYSONG, INC. Income Statement For the Year Ended December 31, 2022 Sales revenue

jok3333 [9.3K]

Missing information:

(a) Earnings per share s (b) Price-earnings ratio (c) Payout ratio times (d) Times interest earned times

Answer:

a) Earnings per share = $2.64

(b) Price-earnings ratio = 5.3

(c) Payout ratio times (you can calculate 3 payout ratios, the third type which is cash dividend payout ratio cannot be calculated because there is not enough information):

total payout ratio = 26.44%
common stockholders' payout ratio = 22.03%

(d) Times interest earned times = 7.77

Explanation:

earnings per share (EPS) = (net income - preferred stock dividends) / average outstanding common shares

net income = $86,600
preferred dividends = $4,900
average outstanding common stocks = (24,700 + 37,100) / 2 = 30,900

EPS = ($86,600 - $4,900) / 30,900 = $2.64

price earnings ratio = market price per share / earnings per share = $14 / $2.64 = 5.3

2 ways to calculate payout ratio times:

total dividends / net Income = $22,900 / $86,600 = 26.44%
or common stockholders payout ratio = ($22,900 - $4,900) / ($86,600 - $4,900) = $18,000 / $81,700 = 22.03%

times interest earned = EBIT / interest expense

EBIT = net income + interest expense + income taxes = $86,600 + $16,700 + $26,400 = $129,700

times interest earned = $129,700 / $16,700 = 7.77

7 0

4 years ago

Work in process inventory on December 31 of the current year is $44,000. Work in process inventory increased by 60% during the y

andreyandreev [35.5K]

Answer:

Total manufacturing cost will be $291500

Explanation:

We have given work in progress inventory on December 31 of current year is $44000

It is given that work in progress inventory is increased by 60% during the year

So in beginning work in progress inventory $=\frac{44000}{1.6}=27500$ $

We have given cost of goods manufactured = $275000

Cost of goods manufactured = work in progress inventory + total manufacturing costs incurred - Ending work in progress inventory

So 275000 = 27500 + total manufacturing costs incurred - 44000

Total manufacturing costs incurred = 275000 - 27500 +44000 = $291500

7 0

4 years ago

Partnerships refer to more than one owner. a limited partnership ______________.

snow_lady [41]

Is it a multiple choice question? Anyway, this is the definition of a limited partnership:

<span>A Limited Partnership is a partnership consisting of a general partner, who manages the business and has unlimited personal liability for the debts and obligations of the Limited Partnership, and a limited partner, who has limited liability but cannot participate in management.</span>

7 0

3 years ago