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anygoal [31]
2 years ago
10

Wilson Animal Feeds has developed the following data to calculate lower of cost or market for its products.

Business
1 answer:
NeX [460]2 years ago
6 0

Answer:

The total reported inventory value is $1,130.

Explanation:

Note: The data given the question are sorted and presented properly as follows:

                                    <u> Selling Price  </u>         <u>    Cost    </u>

Large animals:                  

Cattle                                     $320                    $160

Horse                                      400                      400

Small animals:

Cat                                         $360                  $320

Dog                                          120                       90

Exotic pets:

Ferret                                     $140                    $112

Iguana                                       70                      48

Based on the lower of cost and net realizable value rule, we select the lower and determine the reported inventory value as follows:

<u>Details                                        Value ($)   </u>

Large animals:

Cattle                                            160

Horse                                            400

Small animals:

Cat                                                320

Dog                                                90

Exotic pets:

Ferret                                             112

Iguana                                        <u>    48    </u>

Total value                              <u>    1,130   </u>

Therefore, the total reported inventory value is $1,130.

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To increase sales of its low-fat pizzas in its established market, Dietizza is offering discounts on all its pizzas. According t
Artist 52 [7]

Answer:

market penetration

Explanation:

According to my research on different market strategies, I can say that based on the information provided within the question Dietizza has adopted the market penetration alternative. According to Ansoff's strategic opportunity matrix this alternative is defined as using an established product in the same established market in order to increase sales for the business. Which is what Dietizza is doing by lowering the the prize of the pizza and reintroducing it into the same market.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
Pineapple whip, a company that makes an ice cream-like treat using pineapple, sells its branding, production techniques, and pro
rewona [7]

In this context, the Pineapple whip is engaged in a business arrangement called Franchising.

<h3>What is Franchising?</h3>

Franchising is a business arrangement where the franchisor (one party) grants some rights and authorities to the franchisee.

In this case, the , the franchisee will pays a fee to the franchisor because he is using the business's success, trademarks, proprietary knowledge etc.

In conclusion, the the Pineapple whip is engaged in a business arrangement called Franchising.

Read more about Franchising

<em>brainly.com/question/19565082</em>

5 0
2 years ago
You plan to analyze the value of a potential investment by calculating the sum of the present values of its expected cash flows.
Firlakuza [10]

Answer:

A.- DECREASE

B.- DECREASE

C.- INCREASE

D.- INCREASE

E.- INCREASE

Explanation:

a. The discount rate increases

DECREASE the discoutn factors will be higher therefore, the present values lower.

b. The cash flows are in the form of a deferred annuity, and the total to $100,000. You learn that the annuity lasts for 10 years rather than 5 years, hence that each payment is for $10,000 rather than for $20,000

DECREASE Because the cashflow is generate on a longer period there is more exposure to discount rates.

c. The discount rate decreases

INCREASE The discount factor are lower. This situation is the opposite as (a)

d. The riskiness of the investment's cash flows <u>decreases</u>

INCREASE a lower risk derivates in lower cost of capital thus, lower iscount rates. This increase the present value of the cashflow.

e. The total amount of cash flows remains the same, but more of the cash flows are received in the earlier years and less are received in the later years.

INCREASE as most of the future cash flows are at the beginning they have less exposure to time value of money.

4 0
3 years ago
Sixty years ago, your mother invested $3,800. Today, that investment is worth $430,065.11. What is the average annual rate of re
LuckyWell [14K]

Answer:

8.2%

Explanation:

As we know that:

r = (Future Value / Present Value)^(1/Time)   - 1

Here

Future Value is $430,065.11

Present Value is $3,800

Time is 60 years

By putting values, we have:

r = ($430,065.11 / $3,800)^(1/60)   - 1

r = (113.16)^(1/60)   - 1

r = 1.082 - 1 = 8.2%

3 0
3 years ago
Albright Company produces a variety of products, some in labor-intensive departments and some in heavily automated departments.
Elodia [21]

The given statement is TRUE

Explanation:

The global overhead rate is a standard overhead rate used by a company to transfer all of its overhead cost for production to goods or objects of cost. It is most widely used with simple cost models in smaller businesses.

In fact, the typical company prevents the use of a single overhead rate throughout the whole plane, instead using a small number of separately allocated cost pools with different overhead rates. In this way, the overall assignment is improved, but the time necessary to close the books is increased. There is a balance between a larger transparency effort to track and distribute multiple expense pools and the improved consistency of this additional effort in the financial statement.

3 0
3 years ago
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