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2 years ago

Day 2: Whoever says the craziest comment you can have (brainlyest) and you get free points :) good luck

Business

2 answers:

MissTica2 years ago

6 0

Answer:

If the movie 'Finding Nemo' were scientifically accurate, Nemo's dad would have become female after Nemo's mom died. Then he would have mated with his son.

Explanation:

saw5 [17]2 years ago

4 0

I snatched someone weave from a store

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The Balance Sheet should be prepared a. before the income statement and after the statement of owner's equity. b. after the inco

Colt1911 [192]

Answer:

The answer is B. After the income statement and before the statement of owner's equity.

Explanation:

Income Statement shows the profitability of a business over a period of time.

Balance sheet shows the financial position of a business at the end of the period.

Statement of owner's equity shows the changes in owner's equity over a period of time.

Balance sheet is prepared after the income statement because profit for the year(net profit) in income statement is a line item under owner's equity in balance sheet. It must be known and the figure(net income) must be transferred to balance sheet (equity).

It is prepared before the statement of owner's equity because changes in equity (difference between opening and closing balance under equity in balance sheet) is a line item under changes in owner's equity. Also, issues of shares(in balance sheet) is a line item under statement of changes in owner's equity.

5 0

2 years ago

Ann got a 30 year FRM with annual payments equal to $12,000 per year. After 2 years of payments Ann will refinance the balance i

IrinaK [193]

Answer:

Ann s annualized IRR from refinancing is -0.0960

Explanation:

A / 1 B C D E F G H

2 Ann

3 FRM duration in years 30

4 Annual payment $ 12,000

5 Total Payments for 30 years $360,000

6 Payments made for 2 years

7 Payment amount for 2 year $24,000

8 after two years FRM outstanding $336,000

10 Refinancing is done for 28 years

11 Annual payment $10,000

12 Total Payments for 28 years $ 280,000

13 Refinancing Cost $2,500

14 Total amount of cost $282,500

15 Balance outstanding before refinancing 336,000

16 Amount saved at the end of 2nd year $53,500 period cashflow cash payment cost of refinance prepayment NetFlow

0 360,000 360,000

1 (12,000.0) (12,000)

2 (12,000.0) (2,500) (14,500)

3 280,000.0 (10,000) (336,000) (66,000)

4 (10,000) (10,000)

5 (10,000) (246,000) (256,000)

640,000 (54,000) (2,500) (582,000) 1,500

IRR = -0.0960%

Therefore, Ann s annualized IRR from refinancing is -0.0960

3 0

3 years ago

Inventory by Three Methods The units of an item available for sale during the year were as follows: Jan.1 Inventory 26 units at

Mila [183]

Answer:

a. $26,400

b. $20,520

c. $24,140.64

Explanation:

a. The computation of inventory cost by the first-in, first-out method is shown below:-

Inventory cost under first-in, first-out method = Number of units × Unit cost of 3rd purchase

= 48 × $550

= $26,400

b. The computation of inventory cost by the last-in, first-out method is shown below:-

Inventory cost by Last in first out method = (Jan 1 units × Jan 1 Inventory per unit) + (Number of units - Jan 1 units) × Feb. 19 Inventory per unit

= (26 × $400) + (48 - 26) × $460

= $10,400 + $10,120

= $20,520

c. The computation of inventory cost by the average cost method is shown below:-

Average cost per unit = (26 × $400) + (57 × $460) + (62 × $540) + (60 × $550)

= $10,400 + $26,220 + $33,480 + $33,000

= $103,100

Per unit cost = Inventory cost ÷ Total number of units

= $103,100 ÷ (26 + 57 + 62 + 60)

= $103,100 ÷ 205

= $502.93

Inventory cost under average cost method = Per unit cost × Number of units

= 48 × $502.93

= $24,140.64

Therefore we have applied the formulas.

4 0

3 years ago

Prepare Job-Order Cost Sheets, Predetermined Overhead Rate, Ending Balance of WIP, Finished Goods, and COGS At the beginning of

vova2212 [387]

Answer and Explanation:

1. The computation of overhead rate based on direct labor cost is shown below:-

Overhead rate = Overhead applied × 100 ÷ Direct labor cost

= 888 × 100 ÷ 1,200

= 74%

2. The Preparation of job-order cost sheet for the four jobs is shown below:

Particulars Job 86 Job 87 Job 88 Job 89

Beginning balance $6,888 $6,820

Direct materials $3,000 $7,000 $2,100 $1,500

Direct labor $800 $6,000 $900 $500

Applied overhead

is 74% of direct labor $592 $4,440 $666 $370

Total $11,280 $24,260 $3,666 $2,370

3. The computation of ending balances of Work in Process and Finished Goods is shown below:-

Work in process of Job 88 = $3,666

Finished goods = Total of Job 86 + Total of Job 89

= $11,280 + $2,370

= $13,650

4. The computation of the Cost of Goods Sold for March is shown below:-

Cost of goods sold is

= Job 87

= $24,260

7 0

3 years ago

Hilton Hotels customizes rooms and lobbies according to location. Northeastern hotels are sleeker and more cosmopolitan. Southwe

Otrada [13]

Answer:

Geographic segmentation

Explanation:

it is strategy related to geographic segmentation. it include strategy to provide all those facilities to the customer on the basis of location of customers. As it is given in question Hilton hotels provide more sleeker rooms in northeastern side while more rustic hotels in southwestern hotels.

In generally speaking, geographic segmentation strategy totally based on the preference of targeted customers.

Example of Geographic segmentation approach include large production of raincoats to those areas that experience heavy rainfall etc

4 0

3 years ago