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2 years ago

On September 3, 2021, the Robers Company exchanged equipment with Phifer Corporation. The facts of the exchange are as follows:

Business

1 answer:

GREYUIT [131]2 years ago

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Based on the information given the appropriate journal entries to record the exchange for both Robers and Phifer are:

Robers entries

Debit Equipment (new) $77,000

Debit Accumulated Depreciation $111 000

Debit Cash $19,000

Credit Equipment $190,000

Credit Gain on Sale $17,000

($77,000+$111,000+$19,000-$190,000)

Phifer's entries

Debit Equipment(new) $96,000

Debit Accumulated depreciation $119,000

Debit Loss on Sale $14,000

($210,000+$19,000-$96,000-$119,000)

Credit Equipment $210,000

Credit Cash $19,000

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Borghia Pharmaceuticals has $1 million allocated for capital expenditures. a. Which of the following projects should the company

balu736 [363]

Answer:

Please refer below the answer in detail

Explanation:

With a limited budget, the firm will first pursue projects with the highest return, and the allocate the remaining capital to the project with the second highest return, and so on until all capital is fully allocated. Based on the information, Project 6 has the highest return, followed by 1 and 3. These three projects together will cost:

350,000 + 300,000 + 250,000 = $900,000

After those three projects, the firm will have $100,000 left. The best out of remaining project is 7, but it costs 400,000, which the firm cannot afford. The best affordable project is 4, which offers a return of 12.1%. Hence, the firm should spend the remaining 100,000 on project 4.

The budget limit constraints the firm to give up project 7, which offers a NPV of $48,000. The firm is forced to choose project 4, which has a NPV of $14,000.

Thus the lost in market value of the firm = 48,000 - 14,000 = $34,000.

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3 years ago

A required reserve ratio of 7 percent gives rise to a simple deposit multiplier of?

blsea [12.9K]

A required reserve ratio of 7 percent gives rise to a simple deposit multiplier of 14.29.

<h3>What is reserve ratio?</h3>

The reserve ratio is the percentage of reservable liabilities which commercial banks must keep rather than lend or invest. This is a requirement set by the country's central bank, which is the Federal Reserve in the United States. It is also referred to as the cash reserve ratio.

Some key points related to reserve ratio are-

The reserve requirement is the minimum amount of deposits that a bank must hold, and it is sometimes used interchangeably with the reserve ratio.
Regulation D of the Federal Reserve Board establishes the reserve ratio.
Regulation D established uniform reserve requirements with all deposit accounts with transaction accounts and necessitates banks to provide the Federal Reserve with regular reports.
Suppose the Federal Reserve determined that the reserve ratio should be 11%. This means that if a bank has $1 billion in deposits, it must keep $110 million in reserve ($1 billion x.11 = $110 million).

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2 years ago

Scenario B: Raney Pharmaceuticals Corp. has completed a SWOT analysis as part of their ongoing strategic planning process. They

pickupchik [31]

Answer:

SWOT ANALYSIS

Explanation:

A SWOT analysis looks at internal and external factors that can affect a business.

In SWOT analysis Internal factors are strengths and weaknesses. External factors are the threats and opportunities. An example of an external factor is changes in technology or a new government policy.

The Strategic planning process implored by Raney Pharmaceuticals Corp should help them:

1. respond to new trends

Since more people are becoming interested in natural alternatives to traditional chemical pharmaceuticals and the trend is expected to continue over the next decade Raney Pharmaceuticals Corp could take advantage of this opportunity by diversifying to produce natural alternative medication.

2. Discover threats (external factor)

Since New regulations have been passed limiting their ability to sell certain formulations over the counter, it would likely reduce their sales.

3. Overcome Weakness

The company has inadequate financial resources to invest in their operations and thus would need to get new investors.

Also, since they have fallen behind in research and development in the last few years adequate measures should be taken to improve their research and development.

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3 years ago

While shopping for clothes, a black woman is followed around the store by a white sales associate. frustrated, she leaves the st

jeka94

The answer to this question is the concept of Intersectionality. Intersectionality is a concept that describes the system of oppression such as racism, homophobia, race, gender, age, etc. and that these are interconnected. The legal scholar Kimberle Crenshaw made this concept and this concept was used in studying critical theories that discussed sytematic oppresions.

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3 years ago

Denton and Carlo were employed at an appliance plant. Their job required them to do occasional maintenance work while standing o

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Answer:

No, because they weren’t willing to risk their life to complete a task at the appliance plant. By law this is not safe working conditions and the people forcing employees to do this could be sued.

Explanation:

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2 years ago

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