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3 years ago

Allyba Dance Supply has total assets of $550,000 and total debt of $295,000. What is the equity multiplier?

Business

1 answer:

marishachu [46]3 years ago

3 0

Answer:

Equity multiplier = 2.16

Explanation:

Given:

Total assets = $550,000

Total debt = $295,000

Find:

Equity multiplier

Computation:

Equity multiplier = Total assets / [Total assets - Total debt]

Equity multiplier = $550,000 / ($550,000 – 295,000)

Equity multiplier = 2.16

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Cala manufacturing purchases a large lot on which an old building is located as part of its plans to build a new plant. the nego

Ivanshal [37]

Cost of Land:Purchase price for land: 264,000Purchase price for old building : 159,000Demolition cost for old building: 32,000Cost to fill and level lot: 47,304Total cost of Land: 502,304

Cost of new building and Land improvementCost of new building: 1,232,100Cost of land improvements: 77,774Total construction cost: 1,309,874

Land (Debit 502,304)Land improvement (Debit 77,774)Building (Debit 1,232,100)Cash (Credit 1,812,178)

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3 years ago

A company uses proprietary computer software to offer services that other companies have not been able to emulate. These service

kirill115 [55]

Answer:

Distinctive competence

Explanation:

Distinctive ability relates to a certain market trait which it does differently than its rivals. Since the company can do more than most other companies, it has a competitive edge over all other companies.

An organization's competitors cannot imitate this competence (at least in the short term), allowing an organization to gain an advantage over others. An organization must protect its distinctive competence to retain its competitive edge.

Thus, from the above we can conclude that the given case illustrates distinctive competence.

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3 years ago

Hubert lives in San Diego and runs a business that sells guitars. In an average year, he receives $701,000 from selling guitars.

erica [24]

Answer:

Explicit costs are the monetary costs that a business incurs when it makes a payment, either in the form of wages, or taxes, or to manufacturers, etc.

Implicit costs are the opportunity costs that arise when businesses give up on other options when making a choice. They are not represented by any actual payments.

In this case, we have the following explicit costs:

$420,000 paid to the manufacturer

$247,000 paid in wages and utility bills

And we have the following implicit costs:

$9,000 in rent per year if Hubert rented out the local

$32,000 per year if Hubert worked as a financial advisor

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3 years ago

You have just turned 30 years old, have just received your MBA, and have accepted your first job. Now you must decide how much

igor_vitrenko [27]

Answer:

Find attached

Explanation:

The present value of $97,000 per year after retirement for 35 years is computed thus:

=-pv(rate,nper,pmt,fv)

rate is the plan rate of return of 6.5%

nper is 35 years(years after retirement)

pmt is the amount required per year

fv is not applicable is taken as zero

=-pv(6.5%,35,97000,0)=$1,327,634.80

The amount needed in the account at retirement is the future value of the plan.

Regular yearly payment into the plan is =pmt

=pmt(rate,nper,-pv,fv)

=-pmt(6.5%,35,0,1327634.80)=$ 10,703.74

The percentage of income that must be contributed is found in the attached

Download xlsx

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3 years ago

Joseph Juran provided guidance regarding how to conduct quality planning, quality control, and quality improvement. Which of the

Grace [21]

Answer:

b. work to identify root causes, not just symptoms.

Explanation:

The main thing on which Joseph Juran focused was on quality, how it could be improved in planning, and performing properly.

This provided for the quality controls, plans, improvements which could be made, but it did not work on finding the causes behind the lack that why it could not be achieved.

Accordingly it did not in manner focused on the finding the symptoms or root causes.

As it was focused on the action of now what can be done.

7 0

3 years ago