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2 years ago

9

Sean, age 37, wants to maximize his 2021 Roth IRA contribution and purchase as much Beyond Meat stock as possible. If BYND stock

is trading at $10/share, and Sean is able to contribute the maximum in 2021 to his Roth, how many shares he can purchase

1 answer:

blsea [12.9K]2 years ago

7 0

37 shares that he can purchase

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use numerical method to calculate BEP of a wine company that sells a 1000 litres of wine per week at R12 per litre. They produce

Leto [7]

Answer:

BEP : 500 units

Profits : R2000

Explanation:

BEP or break-even point = fixed costs/ contribution margin per unit.

Fixed costs = R2000

Contribution margin per unit = selling price - variable costs

Contribution margin per unit = R12- R8 =R4

BEP = 2000/4

BEP = 500 units

profits will be the units sold after BEP x contribution margin

=1000-500

=500

profits will be

=500 x 4

=2000

8 0

2 years ago

On December 31, Year 1, Ott Co. had investments in marketable debt securities as follows: Amotized Cost Market value Mann Co. $1

Ahat [919]

Answer:

$29,000

Explanation:

The Held-to-maturity securities to be carried at amortized cost

The available-for-sale & trading securities to be carried at fair value (FV).

Therefore, the investment portfolio is reported at the following amounts:

Mann Co. $10,000 (Cost)

Kemo, Inc. $10,000 (Fair value)

Fenn Corp. $9,000 (Fair value)

Total $29,000

So, Ott's December 31, Year 1, balance sheet should report total marketable debt securities as $29,000

7 0

3 years ago

Dahlia Colby, CFO of Charming Florist Ltd., has created the firm’s pro forma balance sheet for the next fiscal year. Sales are p

IgorC [24]

Answer:

<u>a.- </u>

<u>Current Balance Sheet</u>

Current Assets: 80 Liabilities 40

Fixed 280 Long Term Debt 125

Common Stock 53

RE: 142 (A)

Total Assets 360 Total liab + Equity 360

<u>c-1</u>

Projected Balance sheet

Current Assets: 96 Liabilties 48

Fixed assets: 336 Long term debt 174.6 (B)

Common Stock 53

RE 156.4

Total Assets 432 Total Liab+ SE 432

b) external funds nedeed addiontal external fund 57.6 Millions

c-2 the total liab will be 222.6

Explanation:

sales increase 20% to 480 so previously it had: 480/(1+20%) = 400

profit margin 15%

net income: 480 x 15% = 72

Dividends: 72 x 20% = 14.4

RE Increase: 14.4

<u>(A) RE </u>is solve by diffrence using the accounting equation

assets = liab + equity

360 = 40 + 125 + 53 + RE

RE = 360 - 40 - 125 - 53 = 142

<u>(B) Long term debt </u>is solve by diffrence using the accounting equation

assets = liab + equity

360 = 40 + LT debt + 53 + 156.4

LT debt= 360 - 40 - 53 -156.4= 174.6

Current liabilities:

40 + 125 = 165

Proejcted liab:

48 + 174.6 = 222.6

found needed: 222.6 - 165 = 57.6

6 0

2 years ago

An internet company gives their old computer system to the computer science

Elanso [62]

Answer:

Explanation:

The formula for GDP is

GDP = C + I + G + NX

C = consumption

I = Investment by business and household purchases by individuals

G = Government Expenditures

NX = foreign trade.

The first thing you can do is knock out foreign trade.

I think you can dispense with Government expenditures as well all though a school is an arm of government.

I think investment is what you have to look at carefully because it does include charitable organizations. We'll come back to this.

Consumption is what it sounds like it sounds.

You can't answer this in any other way than to know how the company writes it off. It is an asset that goes from some value to 0. It no longer exists on their books. So it decreases their assets. It is balanced on their books by calling it an expense I think and that further has impact on their books.

So they are decreasing their value (albeit by a small amount -- they've already bought new computers).

I'm not sure about this, but I think what has happened is that the GDP is going to go down. Their investment has decreased by being written off.

8 0

2 years ago

Elodia [21]

Answer:

B. money market funds

Explanation:

The most limited definition of money, M1, consists just of cash and various bank accounts that allow check writing. Money in circulation includes cash, traveler's checks, demand deposits, and other types of checkable deposits.

7 0

1 year ago