A person who is a good employee of a multinational company means that he is fit to be an entrepreneur. TRUE or FALSE

Ponzi Products produced 100 chain-letter kits this quarter, resulting in a total cash outlay of $10 per unit. It will sell 50 of

goldenfox [79]

Answer:

a) Ponzi Products

Income statement

For quarters 1, 2, 3 and 4 of year 202x

Q1 Q2 Q3 Q4

Sales revenue $0 $550 $600 $0

COGS $0 $500 $500 $0

Operating income $0 $50 $100 $0

Since no products are sold during the first and fourth quarter, their respective revenues, COGS and operating income is $0.

b) Ponzi Products

Schedule of Expected Cash Receipts

For quarters 1, 2, 3 and 4 of year 202x

Q1 Q2 Q3 Q4

Sales revenue $0 $0 $550 $600

Cost of goods man. ($1,000) $0 $0 $0

Net cash receipts ($1,000) $0 $550 $600

c) This question is incomplete, it should say what is Ponzi's net working capital for each quarter?

NWC = current assets - current liabilities

NWC Q1 = $1,000 (Merchandise inventory account, no liabilities)

NWC Q2 = $500 (Merchandise inventory account, no liabilities)

NWC Q3 = $550 (Cash account, no liabilities)

NWC Q4 = $1,150 (Cash account, no liabilities)

6 0

3 years ago

A cash equivalent is: Multiple Choice Generally within 3 years of its maturity date. Close to its maturity date but its market v

11111nata11111 [884]

Answer:

An investment readily convertible to a known amount of cash

Explanation:

Cash equivalents are items usually recognized in the balance sheet along with cash (then names Cash and cash equivalent) that are readily or easily convertible to cash at an amount that is measurable.

Examples of cash equivalents include commercial papers, bank certificate of deposit, treasury bills usually with a tenor of 3 months or less etc.

Cash equivalents are assets and help improve the company's liquidity.

6 0

2 years ago

Finding the required interest rate: Your parents will retire in 18 years. They currently have $250,000, and they think they will

Salsk061 [2.6K]

Answer:

i= 8% annual compunded

Explanation:

Giving the following information:

Your parents will retire in 18 years. They currently have $250,000, and they think they will need $1,000,000 at retirement.

We need to calculate the interest rate required to reach the $1 million goal in 18 years without any additional deposit.

FV= PV*(1+i)^n

Isolating i:

i= [(FV/PV)^(1/n)] - 1

i= [(1,00,000/250,000)^(1/18)] - 1= 0.08

i= 8% annual compunded

7 0

3 years ago

Roberto consumes coke exclusively. he claims that there is a clear taste difference and that competing brands of cola leave an u

VikaD [51]

The answer to the question above is "brand names cause consumers to be more sensitive to product differences" based on the result of Roberto's taste test. In the blind test, Roberto did not feel the unsavory flavor from the generic store-coke and he prefers that generic store-coke. This test proves that Roberto's taste is distracted by the brand.

5 0

3 years ago

The required volume of output to produce the motors will not require any incremental fixed overhead. Incremental variable overhe

Ludmilka [50]

Answer: Income will increase by $16 per unit

Explanation:

Your question isn't complete but the completed question was gotten online and would be used in answering the question accordingly.

The effect on income if Derby decides to make the motors will be calculated thus:

In-house:

Direct material = 38

Direct labor = 50

Overhead (Incremental) = 21

Total variable cost = 109

Outside:

Cost of supply = 125

Therefore, the income per unit will increase by (125 - 109) = 16.

3 0

3 years ago