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2 years ago

What will be the credit and debit

Business

1 answer:

juin [17]2 years ago

3 0

A credit card is money the bank lets you borrow A debit card is money you already have

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Draw a utility function over income u( I) that describes a man who is a risk lover when his income is low but risk averse when h

AysviL [449]

Answer:

Suppose there is an individual who needs a certain level of income, I°, in order to stay alive. An increase in income above that level of income I° will have a diminishing marginal utility. Below I°, the individual will be a risk lover and will take unfair gambles and risks in an effort to make large gains in income. Above I°, the individual will purchase insurance against losses.

6 0

2 years ago

A golf ball manufacturer gives us its data for the year: WIP Inventory, January 1 Units started Units completed and transferred

N76 [4]

Answer:

c. $10,106 if taken separately for Direct Material or Conversion Costs

Or None of these as total cost is $ 10,779+$ 10,081= $20860 for units transferred out

Explanation:

Units % of Eq. Units

Completion D.M Conversion

Units completed and

transferred out 6,400 units 100% 6400 6400

WIP Inventory, 3,100 units 90%,60% 2790 1860

December 31

<u>Total Units to account for 9190 8260</u>

Direct materials $15,478

Direct labor $7,400

Manufacturing Overhead $5,611

Direct Material Cost per unit= $ 15478/9190= $ 1.684

Conversion Cost per unit= $13011 / 8260= 1.575=$ 1.58

Direct Material Cost for Completed units = 6400 * $1.684= $ 10,779

Conversion Cost for Completed units = 6400 *1.575= $ 10,081

6 0

3 years ago

Smith Company gives the following information on the financial statements: Net Income $50,000 Preferred Dividends 8,000 Average

ch4aika [34]

Answer: The rate of return on common stockholder’s equity is 23%.

Explanation:

Given that,

Net Income = $50,000

Preferred Dividends = 8,000

Average Common Stockholder’s Equity = 180,000

Average number of Common Shares Outstanding = 250,000 shares

Market Price = $2 per share

Therefore,

Return on equity = $\frac{Net\ income - Preferred\ Dividends}{stockholder\ equity}$

= $\frac{50000 - 8000}{180000}$

= 23%

5 0

2 years ago

20. WACC and NPV [LO3, 5] Sommer, Inc., is considering a project that will result

g100num [7]

Mark Brainliest please

Sommer Inc is considering the new project, and yet we have to calculate under what circumstances the company have to take on the project. In order to assess the project, we need to compute the break-even cost such as the present value of future cash flows and calculate the WACC weighted cost of capital. It measures the weighted cost of equity and the after tax cost of debt. The following information are given: Debt to equity ratio = 0.90 Cost of equity = 13% After-tax cost of debt = 4.8% After-tax cost of savings = $2.7 million Debt to equity ratio = Debt / Equity = 0.90 Therefore, Value of firm = value of debt + value of equity Value of firm = 0.90E + E Value of firm

See the calculation of WACC as attachment

8 0

2 years ago

An engineer sketches detailed drawings of the keypad of a new cell phone. What stage in the product development life cycle is th

Andrej [43]

Answer:

Concept stage

Explanation:

The concept design stage is the stage of the design process that comes after the feasibility of the product has bee conducted and options or alternatives have been weighed with a decision and product specification documentation created. The concept stage design is the first design on the product showing the details of the product as contained in the specification documentation.

3 0

3 years ago