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r-ruslan [8.4K]
3 years ago
11

Parwin Corporation plans to sell 30,000 units during August. If the company has 11,500 units on hand at the start of the month,

and plans to have 12,500 units on hand at the end of the month, how many units must be produced during the month
Business
1 answer:
raketka [301]3 years ago
6 0

Answer:

Production = 31000 Units

Explanation:

To calculate the production requirement for the month of August to meet the required sales and desired ending inventory, we will use the following formula,

Sales = Opening Inventory + Production - Closing Inventory

Plugging in the values we have for sales, opening inventory and closing inventory, we calculate the production to be,

30000 = 11500 + Production - 12500

30000 + 12500 - 11500 = Production

Production = 31000 Units

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Art Company issued 6%, 5 year bonds, with par value of $1,600,000, paying semiannual interest for $1,470,226. The annual market
Soloha48 [4]

Answer:

The correct answer is option (B).

Explanation:

According to the scenario, the given data are as follows:

Bond carrying value = $1,470,226

Rate of interest = 8%

Rate of interest (Semiannual ) = 4%

So, we can calculate the the bond interest expense on the first interest payment by using following formula:

The bond interest expense = Bond carrying value × rate of interest (semiannual)

By putting the value we get

= $1,470,226 × 4%

= $58,809

6 0
3 years ago
Tristan transfers property with a tax basis of $1,255 and a fair market value of $1,570 to a corporation in exchange for stock w
AlladinOne [14]

Answer: $1531

Explanation:

The corporation's tax basis in the property received in the exchange will be the addition of Tristan's Tax basis and the gain that's recognized on exchange by Tristan.

The gain realized will be:

= $1,570 - $1,255

= $315

Boot received = $276

Therefore, lower of $315 or $276 is $276.

The corporation's tax basis in the property received will then be:

= $1255 + $276

= $1531

4 0
2 years ago
All of Ameliorate Inc.'s sales are on account. 60% of the credit sales are collected in the month of sale, 30% in the month foll
Sidana [21]

Answer:

Total cash collection= $530,000

Explanation:

Giving the following information:

<u>Sales:</u>

February $500,000

March $400,000

April $600,000

60% of the credit sales are collected in the month of sale, 30% in the month following sale, and 10% in the second month following the sale.

<u>Cash collection April:</u>

Cash collection credit sales from April= (600,000*0.6)= 360,000

Cash collection credit sales from March= (400,000*0.3)= 120,000

Cash collection credit sales from February= (500,000*0.1)= 50,000

Total cash collection= $530,000

6 0
2 years ago
What are some of the key environmental forces that have changed the way projects are managed? What has been the effect of these
Evgesh-ka [11]

Answer: The answer is given below

Explanation:

• What are some of the key environmental forces that have changed the way projects are managed?

Some environmental forces which have

altered the way that projects are managed are the knowledge growth, product life cycle, technological changes, global competition, organization downsizing, and time to market.

• What has been the effect of these forces on the management of projects?

The effect of these forces on the management projects is that it resulted in more projects for every organization, it also resulted in changing structures of organization, accountability, the need for rapid completion of projects, the linking of projects to the strategies of the organization and the alliance with the external organizations.

• Why is the implementation of projects important to strategic planning and the project manager?

Strategic plans are typically implemented through projects. This could be through a new information system, a new product, or new plant for new product. It should be noted that the project manager is responsible for the timely completion of the project within the budget, and also within specifications in order for the customers to be satisfied. In cases whereby the project is not being linked to a organization's strategic plan, the resources that are being devoted to the project will result into wastage.

• What is meant by an integrative approach to project management? Why is this approach important in today?

An integrative approach to project management simply refers to one whereby there are interrelationships between all the parts. It should be noted that the approach is vital as an organization that utilizes it has a competitive edge and also provides an integrated system that is required for project implementation.

3 0
3 years ago
The Rule of 72 is: a. A tool to determine the number of years until retirement for an employee b. Used to estimate how fast pric
Veseljchak [2.6K]

Answer:

b. Used to estimate how fast prices will double using a given annual inflation rate

Explanation:

Rule of 72 is a fast statistical method to determine how long an investment will double given annual interest rate.

Simply divide 72 by the annual interest rate.

Alternatively it can be used to calculated annual rate of return required to double investment.

Alternatively it can be used to calculate annual rate of return required to double an investment.

For example if $1,000 is to be doubled in 5 years.

Years to double= 72/ Interest

Interest= 72/5= 14.4%

5 0
2 years ago
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