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3 years ago

Last year, loana's revenues totaled $121,000. This year, she anticipates a 20% increase. However, her

1 answer:

4 0

$23,950 MORE due to 25% of 97,000 added on which is 121,250, and then add 20% of 121,000 onto that and subtract 121,250 off your new total to get $23,950.

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In the first quarter of operation, the Blending Department of ChemUSA produced 50,000 barrels of Compound X and left 20,000 barr

Afina-wow [57]

Answer:

1. Compound X started in first quarter = 50,000 Barrels + 20,000 Barrels

Compound X started in first quarter = 70,000 Barrels.

2. Finished goods unit = 50,000

Finished goods completed % = 100%

Finished goods equivalent Units = 50,000 * 100% = 50,000

Work in process unit = 20,000

Work in process completed % = 55%

Work in process equivalent Units = 20,000*55% = 11,000

Total Equivalent Unit = 50,000 + 11,000 = 61,000

Cost per equivalent unit = $231800/61000 = $3.80

Total cost = [Finished goods equivalent Units*Cost per equivalent unit] + [Work in process equivalent Units*Cost per equivalent unit]

Total cost = 50,000*$3.80 + 11,000*$3.80

Total cost = $190,000 + $41,800

Total cost = $231,800

7 0

3 years ago

A small construction company has $110,000 set aside in a capital improvement fund to purchase new equipment. If $18,000 is inves

romanna [79]

Answer:

21.26%

Explanation:

Overall rate of return = Total amount of dollar returns / Total investment

Overall rate of return = [($18,000 * 26%) + ($22,000 * 15%) + ($70,000 * 22%)] / $110,000

Overall rate of return = ($4680 + $3300 + $15400) / $110,000

Overall rate of return = $23,380 / $110,000

Overall rate of return = 0.21255

Overall rate of return = 21.26%

8 0

3 years ago

6. Bronco Co. is a U.S.-based MNC that has subsidiaries in Spain and Germany. Both subsidiaries frequently remit their earnings

Hatshy [7]

Answer:

Cash outflow of $579,500

Explanation:

Net cash flow is the sum of all cash inflow and outflows of the company.

In this question the company has cash outflow from Spain and inflow from Germany.

As per given data

Cash flow from Spain subsidiary = €5,000,000 outflow

Cash flow from German subsidiary = €4,500,000 inflow

Net cash flow to parent company = - €5,000,000 + €4,500,000

Net cash flow to parent company = - €500,000

The currency is converted using the exchange rate of $1.159 per euro.

Net cash Flow in U.S. dollars = - €500,000 x $1.159 per euro

Net cash Flow in U.S. dollars = - $579,500

3 0

4 years ago

The Rodriquez family is determined to purchase a $250,000 home without incurring any debt. The family plans to save $2,500 a qua

dexar [7]

Answer:

70years

Explanation:

The future value formula for compound interest, after n interest period is

$F=P(1+i)^n$

where i is the interest rate per period in decimal form and P is the principal or present value.

The Rodriquez family is determined to purchase a $250,000 home so

F=$ 250,000

The family plans to save $2,500 a quarter for this purpose and expects to earn 6.65 percent.

This implies that:

$i = \frac{0.0665}{4} = 0.0016625$

For t years, the number of compounding periods will be;

$n = 4t$

We fixed the values into the formula and solve for t.

$250000=2500(1+0.0066125)^ {4t}$

$\frac{250000}{2500} =(1.0066125)^ {4t}$

$100=(1.0066125)^ {4t}$

$100=(1.0682)^ {t}$

$t = log_{1.0682}(100)$

$t = 69.8$

It will take approximately 70years

3 0

3 years ago

EA12.

BaLLatris [955]

Answer:

$38,400

Explanation:

1. Cash Purchases:

The total purchases in the month of March is of $35,000.

It is given that 70% of Purchases are for cash.

Hence, 70% of $35,000 would be;

$39,000 x 0.70

$27,300

2. Credit Purchases:

Remaining Balance of Purchases from the month of February:

For the month of February Cash Purchases can be calculated as follows;

$37,000 x 0.70

$25,900

Remaining Balance to be paid in March for the month of February can be calculated as follows;

$37,000 - $25,900

$11,100

3. CASH PAYMENT for PURCHASES in MARCH:

Cash Purchases = $27,300

Credit Purchases = $11,100

Hence;

Cash Payment for purchases in March = Cash Purchases + Credit Purchases

Cash Payment for purchases in March = $27,300 + $11,100

Cash Payment for purchases in March = $38,400

7 0

4 years ago