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3 years ago

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Business

1 answer:

Maksim231197 [3]3 years ago

3 0

The approach is best demonstrated by Free Enterprise

Let understand that Free Enterprise is a system where there are full freedom for individuals and businesses. This system brings economic growth because its encourages entrepreneurs to start new businesses and take risks.

A laissez-faire economy system, notable a theory developed by the French creates the philosophy of giving businesses more autonomy from government rules and regulations

This economy system makes its easier for companies to take risks and invest in the economy.

Learn more about laissez-faire

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A manufactured product has the following information for June. Standard Actual Direct materials (7 lbs. @ $9 per lb.) 60,000 lbs

PilotLPTM [1.2K]

Answer:

price variance 12,000 U

quantity variance 4,500 U

Explanation:

$(standard\:cost-actual\:cost) \times actual \: quantity= DM \: price \: variance$

std cost $9.00

actual cost $9.20

quantity 60,000

These are givens so no calculation needed.

$(9-9.20) \times 60,000= DM \: price \: variance$

difference $(0.20)

price variance $(12,000.00)

The difference is negative, we purchase at a higher price, so the variance is unfavorable

$(standard\:quantity-actual\:quantity) \times standard \: cost = DM \: quantity \: variance$

std quantity 59500.00 (7 lbs per unit x 8,500 untis manufactured)

actual quantity 60000.00

std cost $9.00

$(59,500-60,000) \times 9 = DM \: quantity \: variance$

difference -500.00

efficiency variance $(4,500.00)

The difference betwene standard lbs and the actual lbs used into production is negative, we use more lbs than standard. This variance is also unfavorable.

5 0

3 years ago

Stilley Corporation had earnings after taxes of $438,000 in 20X2 with 200,000 shares outstanding. The stock price was $42.10. In

charle [14.2K]

Answer:

a) Earnings Per Share for 20X2 = 2.19

P/E ratio for 20X2 = 19.22

b) Earnings Per Share for 20X3 = 1.04

P/E ratio for 20X3 = 27.21

Explanation:

a) Compute earnings per share and the P/E ratio for 20X2.

The compute the earnings per share use the following:

Earnings Per Share for 20X2 = (Earnings after tax-Preference Dividend) / shares outstanding

$= \frac{438,000 - 0}{200,000} = 2.19$

Earnings Per Share for 20X2 = 2.19

Then find P/E ratio:

P/E ratio for 20X2 = Market Price per share / Earnings Per Share

$\frac{42.10}{2.19} = 19.224$

P/E ratio for 20X2 = 19.22

b) Compute earnings per share and the P/E ratio for 20X3.

The compute the earnings per share use the following:

Earnings Per Share for 20X3 =(Earnings after tax-Preference Dividend) / shares outstanding

$= \frac{208,000 - 0}{200,000} = 1.04$

Earnings Per Share for 20X3 = 1.04

Then find P/E ratio:

P/E ratio for 20X3 = Market Price per share / Earnings Per Share

$\frac{28.30}{1.04} = 27.21$

P/E ratio for 20X3 = 27.21

5 0

3 years ago

Martin Enterprises needs someone to supply it with 120,000 cartons of machine screws per year to support its manufacturing needs

ANEK [815]

Answer:

The Bid Price you should submit is $15.45

Explanation:

NPV = -795000 + 143000*(1-21%)/1.09^5-70000 + 70000/1.09^5 + ((120000*(P-10.15) - 435000 - 795000/5)*(1-21%) + 795000/5)/0.09*(1-1/1.09^5)

=> -795000 + 143000*(1-21%)/1.09^5 - 70000 + 70000/1.09^5 +((120000*(P-10.15) - 435000 - 795000/5)*(1-21%) + 795000/5)/0.09*(1-1/1.09^5) >=0

=>P = 15.446118865171

Therefore, The Bid Price you should submit is $15.45

6 0

3 years ago

You purchase one IBM July 120 put contract for a premium of $3. You hold the option until the expiration date when IBM stock sel

ZanzabumX [31]

Answer:

Loss on putting for long time = $300 (Loss )

Explanation:

Given:

Strike price = $120

Stock price = $123

Premium amount = $3 per share

Realize on investment = ?

Computation of realizing on investment:

Given that strike price is lower than the stock price, So premium paid considers as a loss.

Loss on putting for long time = $3 × 100

Loss on putting for long time = $300 (Loss )

7 0

3 years ago

What is the difference between a checking and savings account?

Nat2105 [25]

A checking account is what you would use to make everyday purchases, and what you usually put the majority of your check into. Savings accounts are used to save money over periods of time. A percentage of your check may go in a savings account that you don't use.

8 0

3 years ago