True or False: An individual investor is more likely to engage in foreign direct investment than a corporation. True False

Myers Corporation has the following data related to direct materials costs for November: actual costs for 5,000 pounds of materi

Anastasy [175]

Answer:

A. $1,020 unfavorable.

3 0

3 years ago

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Green Landscaping Inc. is preparing its budget for the first quarter of 2017. The next step in the budgeting process is to prepa

Agata [3.3K]

Answer:

a-1. Total cash collection for the Quarter Ending March 31, 2022 = $336,000

a-2. Total cash payment for the Quarter Ending March 31, 2022 = $43,400

b-1. Account receivable balance = $68,000

b-2. Account payable balance = $7,200

Explanation:

Note: This question is not complete and contains different dates (2017 and 2022). The complete question is therefore provided and 2022 is picked as the date before answering the question. See the attached pdf file for the complete question with 2022 as the date.

The explanation of the answer is now given as follows:

a-1. Schedule of expected cash collections from clients.

Note: See part a-1 of the attached excel file for the Schedule of expected cash collections from clients.

From the attached excel file, we have:

Total cash collection for the Quarter Ending March 31, 2022 = $336,000

a-2. Schedule of expected payments for landscaping supplies.

Note: See part a-2 of the attached excel file for the Schedule of expected payments for landscaping supplies.

From the attached excel file, we have:

Total cash payment for the Quarter Ending March 31, 2022 = $43,400

b. Determine the following balances at March 31, 2022:

b-1. Accounts receivable

Account receivable balance = ($120,000*10%) + ($140,000*40%) = $68,000

b-2. Accounts payable

Account payable balance = $18,000*40% = $7,200

Download xlsx

xlsx

pdf

3 0

3 years ago

Suppose that a college physics experiment goes horribly wrong and releases an electronic pulse that renders all electronic equip

docker41 [41]

It will decrease because the marginal productivities of workers will decrease. Diminishing marginal product occurs when the marginal product of an input goes down as the quantity of the input goes up. The transformation in product resulting from employing one more unit of a particular input for instance, the change in output when a firm's labor is mark up from five to six units, assuming that the mass of other product are kept constant is called The input of marginal product or marginal physical product.

5 0

3 years ago

An individual has utility function U(x)=x1/4U(x)=x1/4 for salary, and is considering new job offer which pays $80,000 with a bon

vladimir2022 [97]

Answer:

108,280.22

Explanation:

Certainty equivalent is solved by taking the inverse utility function from the expected utility of a random wealth variable

U(x) = x^1/4

U^-1(x) = x^4

U^-1(x) === x^4

CE(x) = x^4

Salary Bonus Total income U(x)= x^(1/4) P(x) U(x)*P(x)

80000 0 80000 16.82 1/7 2.4

80000 10000 90000 17.32 1/7 2.47

80000 20000 100000 17.78 1/7 2.54

80000 30000 110000 18.21 1/7 2.6

80000 40000 120000 18.61 1/7 2.66

80000 50000 130000 18.99 1/7 2.71

80000 60000 140000 19.34 1/7 2.76

Sum 18.14

CE(x) = 18.14^4

CE(x) = 108280.22

So therefore, the certainty equivalent of this job offer is 108,280.22

5 0

3 years ago

On March 14, Teal Co. accepted a 120-day, 6% note in the amount of $10,000 from AZC Co., a customer. On the due date of the note

Y_Kistochka [10]

Answer:a credit to Interest revenue for $200

Explanation:

Interest = Principal x rate x time ( period )

= $10,000 x 6% x 120/360

=$200

Account titles and explanation Debit Credit

Cash $10,200

Note receivable $10,000

Interest revenue $200

Therefore, The journal entry that Teal would make to record payment of this note would include a credit to Interest revenue for $200

5 0

2 years ago