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ArbitrLikvidat [17]
3 years ago
13

For next year, Williams, Inc., has budgeted sales of 19,000 units, targeted ending finished goods inventory of 1,750 units, and

beginning finished goods inventory of 1,250 units. All other inventories are zero. How many units should be produced next year
Business
1 answer:
Ne4ueva [31]3 years ago
3 0

Answer:

Production= 19,500

Explanation:

Giving the following information:

Ending finished goods inventory of 1,750 units

Beginning finished goods inventory of 1,250 units.

Sales= 19,000

<u>To calculate production, we need to use the following formula:</u>

Production= sales + desired ending inventory - beginning inventory

Production= 19,000 + 1,750 - 1,250

Production= 19,500

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You are given the following information with respect to a bond: par value: 1000 term to maturity: 3 years annual coupon rate 6%
Minchanka [31]

Answer:

Tha annual effective yield rate for the bond is:

= 6.2%

Explanation:

a) Data and Calculations:

Bond par value = $1,000

Annual coupon rate = 6%

Annual spot interest rates = 7%, 8%, and 9% for year 1, year 2, and year 3 respectively

Current value of bond = $970 ($1,000 * 99% * 99% * 99%)

Annual coupon payments = $60 * 3 = $180

Effective rate for the three years = $180/$970 * 100 = 18.6%

Annualized effective yield rate = 6.2% (18.6%/3)

OR

Annualized effective yield rate = (Annual coupon payments/Current value of bonds)

= 6.2% ($60/$970)

5 0
2 years ago
4. In the late 1990s and through 2000, the British public became increasingly concerned about " Mad Cow Disease," which could be
LuckyWell [14K]

Answer:

The quantity is likely to decrease, the change in price depends on the extent of change in demand and supply.

Explanation:

The fear of the mad cow disease lead to a reduction in the demand for beef. This caused the demand curve to move to the left.

At the same time, destruction of cattle heads ordered by the government lead to a reduction in the supply of beef. This caused the supply curve to move to the left.

This leftward shift in both demand as well as supply curve will lead to a reduction in the equilibrium quantity of beef.

The change in price of beef depends upon the extent of change in demand and supply. If both decrease by the same extent, the price will remain the same.

3 0
3 years ago
Alexis received paychecks from both her jobs and she would like to deposit them. One check is for $62.88 and the other is $523.2
baherus [9]
586.10 is how much she would have deposited
4 0
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Read 2 more answers
Juanita owns 60% of the stock in a C corporation that had a profit of $200,000 in the current year. Carlos owns a 60% interest i
Ivan

Answer:

The statement which is incorrect or not true is Option A.

Explanation:

Juanita owns 60% of stock in the corporation, so from the profit of $200,000 in the current year, she should report

= $200,000 × 60%

= $120,000

But the Corporation distributed $45,000 to Juanita. Therefore, she should report only $45,000 for this year not $120,000.

Therefore, the first option is incorrect.

4 0
3 years ago
Bramble Corp. makes and sells widgets. The company is in the process of preparing its selling and administrative expense budget
Alexandra [31]

Answer:

$720,000

Explanation:

The total budgeted selling and administrative expenses is made up of both fixed and variable components. The variable component of the cost is dependent on the budgeted number of units to be sold.

Total variable cost budgeted

= 58000 ( $1 + $3 + $4 +$2)

= $580,000

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total budgeted selling and administrative expenses for October

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= $720,000

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