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Ivahew [28]
2 years ago
12

A company has an unfavorable direct materials quantity variance. A possible reason for this variance is that:

Business
1 answer:
ycow [4]2 years ago
7 0

Answer:

e. any of the other answers can occur.

Explanation:

The reason for the decision above is variances are not dependent on the direct material quantity variance and the calculation of all is differ. We also know the total direct material variance is total of material quantity & price variance that is because total variance may be favorable or unfavorable. And the option(d) direct labor efficiency variance do not relate with material variance.

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Sankey co. has earnings per share of $4. 25. the benchmark pe is 19. 4 times. What stock price would you consider appropriate?
Rashid [163]

An appropriate stock price will be $82.45 ($4.25 * 19.4).

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The time period inventory fee refers to the current rate that a proportion of inventory is bought and sold for available on the market. Every publicly-traded company, when its shares are issued, is given a fee – a challenge in their value that ideally reflects the price of the corporation itself.

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6 0
1 year ago
Provide the iupac name for this diethyldimethylhexane :
AnnyKZ [126]
Did you mean diethyl dimethyl hexane?
If so then the iupac name for it is 3-Ethyl-2,2-dimethylhexane <span>[</span>
4 0
3 years ago
Faye’s bank charges her a $2.25 service fee every time she uses an out-of-network ATM. If Faye uses an out-of-network ATM twice
murzikaleks [220]

Answer:

d. $234.00

Explanation:

The computation of the service fees every year is shown below:

= Service fee × weekly charge method × total number of weeks in a year

= $2.25 × 2 × 52 weeks

= $234

Since we have to compute for the year so we multiplied all three above components. Moreover, it is given in the question that if Faye use out of network than the bank service charge will be double, so we multiplied it by 2

4 0
3 years ago
Malco Enterprises issued $10,000 of common stock when the company was started. In addition, Malco borrowed $36,000 from a local
NemiM [27]

Answer:

Malco Enterprises

a. The amount of interest expense on Year 1 income statement:

= $1,080

b. The amount of net cash flow from operating activities on the Year 1 statement of cash flows:

= $22,300

c. Total liabilities on the December 31, Year 1 Balance Sheet

= $37,080

d. The amount of retained earnings on the December 31, Year 1 balance sheet is:

= $ 32,420

e. The amount of net cash flow from financing activities on the Year 1 Statement of Cash Flows is:

= $10,000

f. The amount of interest expense on the Year 2 Income Statement is:

= $1,080.

g. The amount of net cash flow from operating activities on the Year 2 Statement of Cash Flows is:

= $24,340

h. The amount of total assets on the December 31, Year Balance Sheet is:

= $79,500.

i. The amount of net cash flow from investing activities on the Year 2 Statement of Cash Flows is:

= $0

j. Retained Earnings on the December 31, Year 2 Balance Sheet:

= $69,540

Explanation:

a) Data and Analysis:

1. Year 1: Cash $10,000 Common stock $10,000

2. July 1, Year 1: Cash $36,000 6% Notes Payable $36,000

3. Year 1: Accounts Receivable $72,500 Revenue $72,500

5. Year 1: Cash $61,300 Accounts Receivable $61,300

7. Year 1: Operating expenses $39,000 Cash $39,000

8. Year 1: Interest expense $1,080 Interest payable $1,080

4. Year 2: Accounts Receivable $85,200 Revenue $85,200

6. Year 2 Cash $71,500 Accounts Receivable $71,500

8. Year 2: Operating expense $45,000 Cash $45,000

9. Year 2, July 1: Notes Payable $36,000 Cash $36,000

10. Year 2, July 1: Interest Expense $1,080 Interest payable $1,080 Cash $2,160

a. The amount of interest expense on Year 1 income statement:

6% of $36,000 * 6/12 = $1,080

b. The amount of net cash flow from operating activities on the Year 1 statement of cash flows:

= $22,300 ($61,300 - $39,000)

c. Total liabilities on the December 31, Year 1 Balance Sheet = $37,080 ($36,000 + $1,080)

d. The amount of retained earnings on the December 31, Year 1 balance sheet is:

= $ 32,420

Revenue $72,500

Operating expenses $39,000

Interest expense $1,080

Net income = $32,420

e. The amount of net cash flow from financing activities on the Year 1 Statement of Cash Flows is:

= $10,000 (Common stock)

f. The amount of interest expense on the Year 2 Income Statement is:

= $1,080.

g. The amount of net cash flow from operating activities on the Year 2 Statement of Cash Flows is:

= $24,340

Accounts Receivable $71,500

Operating expense  $45,000

Interest on notes         $2,160

Net cash flow            $24,340

h. The amount of total assets on the December 31, Year Balance Sheet is:

= $79,500

Cash balance $68,300

Accounts receivable $11,200

Total assets = $79,500

i. The amount of net cash flow from investing activities on the Year 2 Statement of Cash Flows is:

= $0

j. Retained Earnings on the December 31, Year 2 Balance Sheet:

= $69,540

Retained earnings, beginning balance $32,420

Net income                                                39,120

Dividends                                                  (2,000)

Retained earnings, ending balance    $69,540

Revenue $85,200

Operating expenses $45,000

Interest expense $1,080

Net income  $39,120

7 0
3 years ago
When a bank makes a loan:
nignag [31]

Answer:

C

Explanation:

this is the answer bc there is really no effect

4 0
3 years ago
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