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astraxan [27]
3 years ago
8

In June, one of the processing departments at Furbush Corporation had ending work in process inventory of $12,000. During the mo

nth, $404,000 of costs were added to production and the cost of units transferred out from the department was $426,000. In the department's cost reconciliation report for January, the cost of beginning work in process inventory for the department would be:
Business
1 answer:
andre [41]3 years ago
7 0
Search up A gardener can increase the number of dahlia plants in an annual garden by either buying new bulbs each year or dividing the existing bulbs to create new plants . The table below shows the expected number of bulbs for each method

Part A
For each method,a function to model the expected number of plants for each year

Part B
Use the Functions to Find the expected number of plants in 10 years for each method.

Part C
How does the of plants in five years compare to the expected number of plants in 15 years !Explain how these patterns could affect the method the gardener decides to use.
You might be interested in
In just a few short weeks, Jon would arrive back in the states after a semester abroad. He was already in a temp agency's databa
sergij07 [2.7K]

Answer:

contingent worker

Explanation:

A contingent worker is a person that is a non-permanent worker, that is outsourced and has skills that are necessary to perform the job and works for a specific project. These workers are not employees of the company which means that they don't receive benefits. According to this, the answer is that Jon will again try to hire on as a contingent worker because he would be an outsourced worker that is not permanent as he would work during the summer months, he won't get benefits and he has the skills that are required for the position.

5 0
4 years ago
Funds acquired by the firm through retained earnings (similar to their free cash flow), have no cost attached to them, because t
Mariulka [41]

Answer:

False

Explanation:

Retained earnings can be defined as the amount of money or income left after a firm or organization as paid out it dividends to their shareholders.

Retained earnings are also an organisation's profit which they retained or keep and this earning is reinvested for other purposes. Such purposes include: Future expansion of the the organization. Retained earnings are a form of liability to a firm.

Funds acquired by the firm through retained earnings (similar to their free cash flow), have cost attached to them. This is because the cost of retained earnings is equivalent to rate of return on re-investment of dividends of shareholders that is paid by the organization. Hence, retained earnings is equivalent to the cost of equity.

3 0
4 years ago
A theater group made appearances in two cities. The hotel charge before tax in the second city was $500 lower than in the first.
Naddika [18.5K]

Answer:

Hotel charge in city 1= $5,250

Hotel charge in city 2= $4,750

Explanation:

A theater group made an appearance in two cities.

Let x represent the amount charged in the first city

Let y represent the amount charged in the second city

The hotel charge before tax in the first city is $500 lower than the second city

y= x-500......equation 1

The tax in the first city is 8%

= 8/100

= 0.08

The tax in the second city is 8.5%

= 8.5/100

= 0.085

0.08x + 0.085y= 823.75.........equation 2

Substitute (x-500) for y in equation 2

0.08x + 0.085(x-500)= 823.75

0.08x + 0.085x - 42.5= 823.75

Collect the like terms

0.08x + 0.085x= 823.75+42.5

0.165x= 866.25

x= 866.25/0.165

x = 5,250

Substitute 5250 for x in equation 1

y= x-500

y= 5,250-500

y= 4,750

Hence the hotel charge in city 1 is $5,250 and the hotel charge in city 2 is $4,750

4 0
3 years ago
Match the stages of business cycle to their financial needs.
LuckyWell [14K]

Answer:

funds raised from personal savings and mortgages - seed stage

external financing through equity or debt - startup stage

external financing, mostly through equity and venture capital - growth stage

high retained earnings that are used in the business - maturity stage

external financing is not needed and debts are paid back - decline stage

Explanation:

Seed stage: The seed stage is when a business first comes into existence. The initial capital needed to finance the business is raised at this time. <u>This capital is usually raised by the owner in the form of personal savings, mortgages, or borrowings from family and friends.</u> This is a high-risk stage, so external financing options are limited.

Start-up stage: The start-up stage is where the first revenues come into the business, but the profits are yet to be realized. Because there are no retained earnings, there is a need for external financing. If the business has an established potential and the owners have credibility, <u>it is easy at this stage for the owner to get external financing through debt or equity from family members, friends, and angel investors.</u>

Growth stage: The growth stage is when a company establishes itself and begins to show profits on its balance sheet. However, the profits and other internal funds may not be enough to sustain growth at this stage. The business needs a steady flow of working capital (short-term funds) to strengthen its operations and fuel further growth. <u>External funding needs are high at this stage, and funds are raised through equity and venture capital.</u> Some companies also issue initial public offerings (IPOs) at this stage to get more funding.

Maturity stage: The maturity stage is when the business has established itself, has a sizable number of customers, and experiences slower growth. <u>Retained earnings will be high, and there is no need for external financing. </u>Businesses issue bonds and securities to fund their operations at this stage.

Decline: A business reaches a decline when demand for its products and services falls, and sales go down. The external financing needs are very low. The business may buy back stock and repay debts at this stage.

8 0
3 years ago
Rhiannon Corporation has bonds on the market with 17.5 years to maturity, a YTM of 6.4 percent, a par value of $1,000, and a cur
Maslowich

Answer:

6.75%

Explanation:

The calculation of the coupon rate is given below:

Given that

PV = $1,037

FV = $1,000

YTM = 6.4% ÷ 2 = 3.2%

NPER = 17.5 × 2 = 35

The formula should be

=PMT(RATE,NPER,-PV,FV,TYPE)

After applying the above formula, the pmt should be $33.77

Annual pmt is

= $33.77 × 2

= $67.55

Now the coupon rate is

= 67.55 ÷$1,000

= 6.75%

8 0
3 years ago
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