All categories

3 years ago

Analyze Life Force Fitness, Inc.

Business

1 answer:

labwork [276]3 years ago

4 0

Answer:

63.10

Explanation:

The computation of the new activity cost per unit is shown below:

Particulars Activity-Base Usage Activity rate

Activity (hrs. per unit) per Hour Activity Cost

Motor assembly 1.5 20.00 30.00

Final assembly 1.00 18.00 18.00

Testing 0.25 22.00 5.50

Rework 0.30 22.00 6.60

(0.40- 0.40 ÷ 4)

Moving 0.20 15.00 3.00

Activity cost per unit 63.10

You might be interested in

Lincoln Park Co. has a bond outstanding with a coupon rate of 5.75 percent and semiannual payments. The yield to maturity is 4.7

ankoles [38]

Answer: the market price is $2,484.1434

Explanation:

Market price =

C × 1 - (1+r)*-n /r + F/ (1+r)*n

C = coupon rate = 5.75% of 2000

= 5.75/100 × 2000

= $115

F= face value = $2,000

r = yield to maturity = 4.7% = 0.047

n = number of years to maturity =22

Price = 115 × 1-(1+0.047)*-22 / 0.047 + 2000/(1+0.047)*22

Price = 115 × 1-(1.047)*-22 / 0.047 + 2000/(1.047)*22

Price= 115 × 1 - 0.364060032/0.047 + 2000/2.74679974

Price =( 115 × 0.635939968/0.047 ) + 928.120063

=( 115 × 13.5306376) + 928.120063

= 1556.02332 + 928.120063

Market price = $2,484.1434

Note: ( * ) means "raised to power"

4 0

3 years ago

Emma Jones Company has the following information available: Account 12/31/2019 12/31/2018 Accounts Payable $76,500 $80,000

leonid [27]

Answer:

B. No.

Explanation:

The formula to compute the quick ratio is shown below:

Quick ratio = (Quick assets) ÷ (current liabilities)

where,

For 2018

Quick assets = Accounts Receivable, net + Cash and Cash Equivalents + Short minus Term Investments

= $49,000 + $70,000 + $44,000

= $163,000

And, the current liabilities = Accounts Payable + Income Taxes Payable

= $80,000 + 5,000

= $85,000

Now put these values to the above formula

So, the ratio would equal to

= $163,000 ÷ $90,000

= 1.81 times

For 2019

Quick assets = Accounts Receivable, net + Cash and Cash Equivalents + Short minus Term Investments

= $42,300 + $43,700 + $27,000

= $113,000

And, the current liabilities = Accounts Payable + Income Taxes Payable

= $76,500 + 2,000

= $78,500

Now put these values to the above formula

So, the ratio would equal to

= $113,000 ÷ $78,500

= 1.43 times

No, as it shows declining from 2018 to 2019

3 0

3 years ago

Why should you always consider the opportunity cost when making a significant purchase?

vladimir2022 [97]

You should always ponder the opportunity cost when making a important purchase to make sure you choose making a payment that would be most beneficial for you. Opportunity Cost refers to the financial opportunity that is given up because you choose to do something else with your money

8 0

3 years ago

National Bank currently has $1,550 million in transaction deposits on its balance sheet. The current reserve requirement is 14 p

jenyasd209 [6]

Answer:

Explanation:

Purchase of securities by the federal bank

To purchase any securities the trade dealers at desk firstly call to government securities dealers of major commercial and investment banks. The govt. securities dealers provide the list of securities they want to sale.

This list also shows the maturity, denomination, and prices of securities. The FRNBY traders purchase securities at the lowest prices. They will notify the government bond agencies for the payment to selling dealers for the securities.

Panel A: Initial Balance Sheets: (IN MILLIONS)

FED

Assets- Securities: $56

Liabilities- Reserve Accounts: $56

National Bank

Assets- Loans: $644

Reserve Deposits at Fed: $56

Liabilities- Transaction deposits: $700

Panel B: After All Changes: (IN MILLIONS)

FED

Assets- Securities: $43.071

Liabilities- Reserve Accounts: $43.071

National Bank

Assets- Loans: $674.786

Reserve Deposits at Fed: $43.071

Liabilities- Transaction deposits: $717.857

New initial required reserves = 0.06 × $700 million = $42 million

Change in bank deposits = (1/(0.06 + (1 − 0.50))) × ($56 million − $42 million) = $25.000 million

Loans:

$725.000 million − $43.500 million = $681.500 million

Transaction deposits:

$700 million + ($14 × (1/(0.06 + 0.50)) = $725.000 million

Reserve deposits at Fed:

$725.000 million × 0.06 = $43.500 million

Panel A: Initial Balance Sheets: (IN MILLIONS)

FED

Assets- Securities: $56

Liabilities- Reserve Accounts: $56

National Bank

Assets- Loans: $644

Reserve Deposits at Fed: $56

Liabilities- Transaction deposits: $700

Panel B: After All Changes: (IN MILLIONS)

FED

Assets- Securities: $44.100

Liabilities- Reserve Accounts: $44.100

National Bank

Assets- Loans: $690.900

Reserve Deposits at Fed: $44.100

Liabilities- Transaction deposits: $735.000

New initial required reserves = 0.06 × $700 million = $42 million

Change in bank deposits = (1/(0.06 + (1 − 0.70))) × ($56 million − $42 million) × 0.90 = $35.000 million

Loans:

$735.000 million - $44.100 million = $690.900 million

Transaction deposits:

$700 million + ($14 × 0.90 × (1/(0.06 + 0.3))) = $735.000 million

Reserve deposits at Fed:

$735.000 million × 0.06 = $44.100 million

6 0

3 years ago

Operations management moves from knowing the needs of consumers to actually satisfying those needs.a) trueb) false

Mariana [72]

Answer:

True

Explanation:

Remember, no business operations would exist if there aren't any identified customer needs to solve.

Also, we need to bear in mind that Operations management activities are done in any business in other to efficiently (profitably) process raw materials, labor, etc into the goods and services needed by consumers.

8 0

3 years ago