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Step2247 [10]
3 years ago
13

A manager of a large retail firm is interested in knowing what the company's product costs are. Which of the following would be

considered a product cost for the manager's company?
A) Direct materials.
B) Product design cost.
C) Office expenses.
D) Selling expenses.
E) Advertising expense.
Business
1 answer:
diamong [38]3 years ago
7 0

Answer: Direct materials.

Explanation:

Product cost us referred to as a cost that used to incur production and used to make a particular product. The product cost. The product costs are made up of the direct labor, the direct materials, factory overhead and the production supplies.

Of the options given, the one that'll be considered a product cost for the manager's company will be Direct materials.

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The Simon Company (SIMON) currently has $300,000 market value (and book value) of perpetual debt outstanding carrying a coupon r
Reptile [31]

Answer:

The answer is "4,750"

Explanation:

They have indeed been given the information that we require.

The current market cap for Simon Company (SIMON) is $300,000.

rate= 6%

EBIT=$150,000

The business has no plans to expand.

The current cost of capital is 8.8%,

The tax rate is 40%.

The company has 10,000 shares of common stock mostly on market.

The stock is being offered at a $90.00 per share price.

Assume SIMON is considering switching in its current financial performance to one that results in a share price of $96 per share.

The resultant capital structure would have a combined valuation of $504,000 in capital and $756,000 in equity.

Remaining Shares= equity market value /  per share price

n =\frac{S}{P}  \\\\= \frac{\$504,000}{ \$96}\\\\= \$5,250

The initial number of shares minus the resultant number of shares equals the number of repurchased shares:

AJC will buy back a certain number of shares.

= 10,000 - 5,250\\\\= 4,750\\

8 0
2 years ago
Wich of the following is included in the balance sheet?
deff fn [24]
It seems that you have missed the necessary options for us to answer this question, so I had to search for it. Anyway, here is the answer. The one that is not included in the balance sheet is the SALES. Sales is seen in the income statement. Hope this helps.
7 0
3 years ago
an annual bond selld for $865 with par value $1,000 and coupoin rate 8% what is bond yeild to maturity for 10 years
lisov135 [29]

Answer:

1.4484 %

Explanation:

The formula for Yield to Maturity =

[C + (FP - MP) /n]/FP + MP/2

Where

C = Coupon rate = 8% = 0.08

MP = Market value or price = $865

FP = Face or Par value = $1000

n = number of years = 10

Yield to Maturity =[ 0.08 +(1000 - 865) /10]/ 1000 + 865/2

Yield to Maturity = 1.4484 %

5 0
3 years ago
Austrian Airlines was sued by a 51-year-old former director of sales who charged that he was dismissed and replaced by an employ
Angelina_Jolie [31]

Answer:

the correct answer is True

good luck ❤

7 0
2 years ago
Bonita Equipment Co. closes its books regularly on December 31, but at the end of 2020 it held its cash book open so that a more
Soloha48 [4]

Answer:

Bonita Equipment Co.

A. Entries to correct Bonita's accounts at December 31:

Debit Sales revenue $28,000

Credit Cash $28,000

To reverse the cash sales of January recorded in December.

Debit Accounts Receivable $18,000

Credit Cash $17,640

Credit Cash Discounts $360

To reverse the cash receipts of January recorded in December.

Debit Cash $22,450

Debit Cash Discounts $250

Credit Accounts Payable $22,700

To reverse the cash payment of January recorded in December.

B. To some extent, Bonita was able to show a more favorable balance sheet at December 31 by holding its cash book open.  This becomes more pronounced when the working capital elements of the balance sheet are analyzed with ratios.

For example, the current and quick ratios before the above adjustments shows 2.4 and 1.4 respectively.  After the adjustments, the current and quick ratios reduced to 1.74 and 0.92 respectively.

Explanation:

a) Data and Analysis:

Cash Sales $28,000

Collections on account $17,640

Total $45,640

Cash Discounts on collections = $360

Total collections on account $18,000

Cash Disbursements:

Check for payment on account = $22,450

Discounts $250

Total disbursement $22,700

Sales revenue $28,000

Cash $28,000

Accounts Receivable $18,000

Cash $17,640

Cash Discounts $360

Cash $22,450

Cash Discounts $250

Accounts Payable $22,700

                             Before Adjustments  After Adjustments

                                   Debit     Credit    Debit     Credit

Cash                        $39,000                 $15,450($39,000 - $28,000 - $18,000 + $22,450)

Accounts receivable 42,000                  60,000 ($42,000 + $18,000)

Inventory                   67,000                   67,000

Accounts payable                  $45,000                 $67,450 ($45,000 + $22,450)

Other current liabilities             14,200                   14,200

Total                     $148,000  $59,200 $142,450 $81,650

Working capital ratios:

 Before Adjustments                            After Adjustments

Current ratio = $148,000/$59,200      $142,450/$81,650

=                                2.5                             1.74

Quick ratio = $81,000/$59,200            $75,450/$81,650

=                                1.4                              0.92

6 0
2 years ago
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