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3 years ago

The imf established __________ as the replacement for gold as a world standard.

1 answer:

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The international monetary fund established special drawing rights as the replacement for gold as a world standard. International monetary fund helps countries in balancing their economies by letting states to borrow against their deposits of financial reserves and repay the loans in subsequent years.

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Consider Derek's budget information: materials to be used totals $62,100; direct labor totals $198,200; factory overhead totals

Katen [24]

Answer:

Cost of goods manufactured 655,900

Explanation:

First, we add the three cost component:

materials used in production 62,100

direct labor 198,200

overhead 403,100

total cost added during the period 663,400

Then, using the WIP beginning and ending figures, we solve for cost of goods manufactured

WIP january 1st 187,500

cost added 663,400

WP endind (195,000)

Cost of goods manufactured 655,900

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3 years ago

Fairfax Pizza borrowed 745,000 dollars to build a new restaurant for 745,000 dollars. The decision to spend 745,000 dollars on t

EastWind [94]

Answer:

Financing decision

Explanation:

Financing decision is concerned with borrowing and allocating funds for investments.

As such, the decision to borrowed 745,000 dollars and use the fund to build a new restaurant for 745,000 dollars is a financing decision.

Capital Budgeting decision-making process involves plans around any long term capital expenditures whose returns (cash inflows and outflow) are expected to be earned in more than a year.

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3 years ago

Jon described that there are "Three Circles" when it comes to finding a job. Identify and describe each of the "Three Circles" i

Kay [80]

Answer:

well one is what your passion is. like what you like. what people will pay you to do and how much. and what you are good at.

Explanation:

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3 years ago

On April 1, 2014, Headland Inc. entered into a cost-plus-fixed-fee contract to construct an electric generator for Altom Corpora

MA_775_DIABLO [31]

Answer:

Gross profit to be recognized = $196,140

Explanation:

Headland Inc.

Gross profit to be recognized by Headland at December 31, 2014 ending

Estimated contract cost $1,962,000

Fixed fee $467,000

Total $1,962,000+ $467,000) $2,429,000

Total estimated cost $1,962,000

Gross profit ($2,429,000- $1,962,000) $467,000

percentage of completion:( $829,900/1,962,000) 42%

Gross profit to be recognized: $467,000*42% $196,140

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3 years ago

You are considering a stock investment in one of two firms (NoEquity, Inc., and NoDebt, Inc.), both of which operate in the same

Nonamiya [84]

Answer:

A. NoEquity $18.27million

NoDebt $22.75million

B. NoEquity 28.11%

NoDebt 35%

Explanation:

A. Calculation to determine the net income

NoEquity Inc., NoDebt Inc.,

Operating income $32.5 million $32.5 million

Less: Interest $6.4 million $0

($64m × 0.1)

Taxable income $ 26.10million $32.5 million

Less: Taxes (30%) ($7.83million) ($9.75million)

NET INCOME $18.27million $22.75million

Therefore The Net income for the two firms are :

NoEquity $18.27million

NoDebt $22.75million

B. Calculation to determine the Return on assets

NoEquity

Return on assets =$18.27million/$65 million

Return on assets =0.2811*100

Return on assets =28.11%

NoDebt

Return on assets = $22.75million/$65 million

Return on assets =0.35*100

Return on assets =35%

Therefore The return on assets for the two firm are:

NoEquity 28.11%

NoDebt 35%

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2 years ago