Answer:
Purchases= $3,200
Explanation:
Giving the following information:
The asset account "office supplies" has a balance of $800 at the beginning of the year. The amount on hand at the end of the year is $500. The company has calculated the Office Supplies expense for the year to be $3,500.
To calculate the number of purchases, we need to use the following formula:
Purchases= expense of the year + ending balance - beginning balance
Purchases= 3,500 + 500 - 800= $3,200
Answer:
hello your question is incomplete attached below is the complete question
answer : attached below
Explanation:
<u>A) develop the from-to chart based on expected weekly production </u>
Firstly we calculate the production quantity processed
i) Qab = 960 + 1200 + 720 + 2400 + 480 + 2400 + 3000 + 960 + 1200 = 13320
ii) Qbd = 2400 + 3000 + 1200 = 6600
<u>B) calculate the values to be entered in cells of table attached below (develop a block layout using SLP )</u>
Cell bc = 11400 + 6600 = 18000
Cell bd = 6600 + 3000 = 9600
Cell be = 4920 + 5400 = 10320
Cell cd = 2400 + 1200 = 3600
Cell ce = 4200 + 7800 = 12000
Cell df = 960 + 1200 = 2160
Answer:
The risk free rate is 3.325%
Explanation:
The required rate of return or cost of equity of a stock can be calculated using the CAPM. The CAPM estimates the required rate of return of a stock based on three factors- risk free rate, stock's beta and the market risk premium. The equation of required rate of return under CAPM is,
r = rRF + Beta * (rM - rRF)
Where,
- rRF is the risk free rate
- rM is the return on market
- (rM - rRF) gives us the risk premium of market
We already have the values for r, Beta and rM. Plugging in these values in the formula, we calculate the rRF to be,
Let rRF be x.
0.1185 = x + 1.24 * (0.102 - x)
0.1185 = x + 0.12648 - 1.24x
1.24x - x = 0.12648 - 0.1185
0.24x = 0.00798
x = 0.00798/0.24
x = 0.03325 or 3.325%
Answer:
$
Sales (2,500,000 x$0.10) 250,000
Less: Material cost(2,500,000 x $0.03) 75,000
Annual lease rental <u>70,000</u>
Profit <u>105,000</u>
Explanation:
Profit equals annual sales minus material cost minus annual lease rental. Since the annual sales volume are 2,500,000 gloves at a price of $0.10 per pair, the total sales value will be $250,000. Material costs $0.03 per pair, thus, the total material cost will be $0.03 x 2500,000 pairs. Annual lease rental of $70,000 is treated as a fixed cost.