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Svetradugi [14.3K]

3 years ago

8

A financial statement user would determine if a company was profitable or not during a specific period of time by reviewing the

a.income statement b.statement of cash flows c.statement of stockholders' equity d.balance sheet

1 answer:

Ivanshal [37]3 years ago

3 0

Answer:

Income statement

Explanation:

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Parsons Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last

arsen [322]

Answer:

option (C) 32,750 hours

Explanation:

Data provided in the question:

Actual manufacturing overhead cost = $250,000

Overapplied overhead = $12,000

Predetermined overhead rate = $8.00 per direct labor-hour

Now,

The total Manufacturing Overhead applied last year

= Actual manufacturing overhead cost + Overapplied overhead

= $250,000 + $12,000

= $262,000

Therefore,

Direct Labor Hours worked last year = $\frac{\textup{Total Manufacturing Overhead applied}}{\textup{Predetermined overhead rate}}$

or

= $\frac{\textup{262,000}}{\textup{8}}$

= 32,750 hours

Hence,

The correct answer is option (C) 32,750 hours

6 0

3 years ago

A leveraged buyout refers to:

GarryVolchara [31]

Answer:

B. A firm goes heavily into debt in order to obtain funds to purchase the shares of the public.

Explanation:

A leverage buyout refers to when any company purchases any other company by using entirely debt and secure that debt with the assets of the same company they are purchasing.

Hope this helps,

Thank You.

3 0

4 years ago

Which research method allows in-depth feedback and firsthand interaction, but only measures how easy it is to use a product

Otrada [13]

The research method allows for in-depth feedback and first-hand interaction, but only measures how easy it is to use a product, is the usability study.

<h3 /><h3>What is the Usability Study?</h3>

Corresponds to a research practice used by companies to test the use of a product before its official launch, making it available to a small number of users to test its features, benefits and improvement needs.

Therefore, the usability study helps a company to achieve its real goals, improving some features and improving it until its market launch.

Find out more about usability study here:

brainly.com/question/26180564

#SPJ1

5 0

2 years ago

When Sherka, Inc. sells 40,000 units, its total variable cost is $96,000. What is its total variable cost when it sells 45,000 u

Strike441 [17]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

When Sherka, Inc. sells 40,000 units, its total variable cost is $96,000.

Unitary variable cost= 96,000/40,000= $2.4

What is its total variable cost when it sells 45,000 units?

Variable cost= 45,000*2.4= $108,000

6 0

4 years ago

Preston Corp. is estimating its WACC. Its target capital structure is 20 percent debt, 20 percent preferred stock, and 60 percen

Alchen [17]

Answer:

Follows are the solution to this question:

Explanation:

$\text{Equity expense = free risk rate+beta} \times \text{market risk premium}$

$=3 \% + 1.2 \times 5 \% \\\\= 0.03 + 1.2 \times 0.05 \\\\= 0.03 +0.06 \\\\= 0.09\\\\=9 \%$

$\text{Preferred inventory cost} = \frac{\text{annual dividend}}{( price - floation \ rate)}$

$= \frac{(100 \times 5.46 \%)}{(100-100 \times 5 \%)}\\\\=5.75 \%$

$\text{Excel feature = RATE(nper, PMT, PV, FV)}$

$=(RATE( \frac{20 \times 2,1000 \times 12 \%}{2,-1100,1000})) \times 2 \\\\=10.77 \%$

$\text{Debt expense after tax}= 10.77 \% \times (1-40 \%)$

WACC from Preston = Capital weight $\times$ Capital equity costs+cost of common stock $\times$ cost of common shares $\times$ debt cost $\times$ (1-tax rate)

$=60 \% \times 9 \%+20 \% \times 5.75 \%+20 \% \times 6.46 \% \\\\=7.84 \%$

5 0

3 years ago