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3 years ago

Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches.

Business

1 answer:

RSB [31]3 years ago

7 0

Answer:

1. Match each phrase that follows with the term it describes:

a. Evaluation of how profit will change based on an alternative course of action

Correct term: Differential analysis

b. Possible result of using an inappropriate overhead allocation metho

Correct term: Product cost distortion

c. Revenue forgone from an alternative use of an asset

Correct term: Opportunity cost

d. Strategy that focuses on reducing the influence of bottlenecks

Correct term: Theory of constraints

e. Not relevant to future decisions

Correct term: Sunk cost

2. Match each phrase that follows with the term it describes:

a. Recognizes that a dollar today is worth more than a dollar tomorrow

Correct term: Time value of money concept

b. Often referred to as the discounted cash flow method

Correct term: Net present value method

c. Also referred to as capital budgeting

Correct term: Capital investment analysis

d. Average income as a percentage of average investment

Correct term: Average rate of return

e. Can be determined by initial cost divided by annual net cash inflow of an investment

Correct term: Cash payback period

3. Match the following descriptions and examples with the four performance perspectives in the balanced scorecard:

a. Focuses on operational efficiencies and issues like improving manufacturing performance

Correct option: Internal processes

b. Focuses on obtaining and retaining customers and customer base

Correct option: Customer

c. Focuses on traditional accounting measures of performance, such as net income and cash flow

Correct option: Financial

d. Focuses on research and development initiatives and employee training, retention, and satisfaction efforts

Correct option: Learning and growth

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Zenon Inc. has the following taxable income: U.S. source income $ 1,900,000 Foreign source income 240,000 Taxable income $ 2,140

Colt1911 [192]

Answer:

The income tax is $81,600

Explanation:

In this question, we are asked to compute the foreign tax income for Zenon Inc assuming the foreign source income does not qualify as FDII

To compute this, we employ a mathematical approach.

Mathematically,

The income paid by Zenon Inc = Foreign credit Tax limitation * Foreign source income/taxable income

We identify the parameters in the equation as follows;

Foreign tax limitation = Taxable income * tax rate

Where the tax rate for the US is 34% or simply 0.34

Foreign tax limitation = 0.34 * 2,140,000 = $727,600

Foreign source income = $240,000

Taxable income = $2,140,000

Income paid = 727,600 * 240,000/2,140,000 = $81,600

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4 years ago

The head teller of a bank embezzled $50,000 from the bank. Which insuring agreement in a financial institution bond is designed

PIT_PIT [208]

Answer:

Fidelity Bond

Explanation:

Based on the information provided within the question it can be said that the type of insurance that covers this is a Insuring Agreement called a Fidelity Bond. This is a type of insurance that covers the buyer of the policy from any losses that they may incur from a specific individual that works for them embezzling money or doing any other fraudulent behavior. Similar to what the head teller did to the bank in this scenario.

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3 years ago

To which of the following would a

nirvana33 [79]

Answer:

the answer is D it is the right answer

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3 years ago

On January 1, 2021, Legion Company sold $240,000 of 4% ten-year bonds. Interest is payable semiannually on June 30 and December

slavikrds [6]

Answer:

$7,514

Explanation:

Calculation for how Legion should report bond interest expense for the six months ended June 30, 2021

Using this formula

Bond interest expense=Bonds amount*Priced to yield percentage

Bond interest expense=$150,272*(10%/2)

Bond interest expense=$150,272*5%

Bond interest expense=$7,513.6

Bond interest expense=$7,514 Approximately

Therefore Legion should report bond interest expense for the six months ended June 30, 2021 in the amount of $7,514

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3 years ago

Heritage, inc., had a cost of goods sold of $45,821. At the end of the year, the accounts payable balance was $8,773. How long o

Aliun [14]

Calculation of Days Payable Outstanding:

Days Payable Outstanding can be calculated using the following formula:

Days Payable Outstanding = (Accounts

Payable *365) / Cost of Goods Sold

= (8,773*365)/45,821

= 69.88

Hence, Days Payable Outstanding is 69.88 days. We can say that it takes on average 69.88 days to the company to pay off its suppliers during the year.

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4 years ago