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3 years ago

The most likely effect of a write-down of inventory to net realizable on a firm's total asset turnover is:

1 answer:

7 0

<span>The most likely effect of a write-down of inventory to net realizable on a firm's total asset turnover is an increase.

</span>A write-down of inventory to net realizable value is typically recognized as an increase in cost of goods sold in the period of the write-down, according the <span>inventory equation:
</span><span>ending inv</span>entory = beginning inventory + purchases - cost of goods sold

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Select the incorrect statement concerning the application of the controllability concept to responsibility accounting.

motikmotik

Answer:

Each manager should be evaluated on the costs but not the revenues that are under his or her control.

Explanation:

Controllability refers to the amount of influence that a manager has over costs or revenues. In responsibility accounting, only those elements are identified which are controllable. A person is given the responsibility for managing such kind of elements.

A person is given an authority to control the costs so that they are able to keep up their performance.

However, according to the controllability concept to responsibility accounting,

each manager should also be evaluated on the revenues that are under his or her control.

5 0

4 years ago

A corporate bond has 22 years to maturity, a face value of $1,000, a coupon rate of 4.6% and pays interest semiannually. The ann

julia-pushkina [17]

Answer:

a. The answer is: $1,008.40

b. The bond's YTM is 3.343%

c. The current yield is 3.826%

Explanation:

a. Bond price formula: ∑(C* / (1+YTM) $n$ )

The price of the bond Intro A with i=1,2...10 is:

∑($1,000 x 3.4% / (1 + 3.3%) $i$ ) = $1,008.40

b. The price of the corporate bond which has 22 years to maturity is: $1,202.20

Given that the bond is trading at par value, the bond's YTM is:

[Annual Interest Payment + ((Face Value – Current Price) / (Years to Maturity))] / ( ( Face Value + Current Price ) / 2 )

= [$1,000 x 4.6% + (($1,000 - $1,202.20) / 22)] / (($1,000 + $1,202.20) /2)

= 3.343%

c. The bond's current yield is:

Annual Interest Payment / Current Price = $46 / $1,202.2 = 3.826%

5 0

3 years ago

Small changes in consumer demand can result in large variations in orders placed because of the:_______

UkoKoshka [18]

Small changes in consumer demand can result in large variations in orders placed because of the Bullwhip Effect. Thus the correct answer is D.

<h3>What is a consumer?</h3>

The consumer is referred as an end user of any product or service. He is the person who utilizes or takes the benefit of the products purchased. The person who buys a product is called a customer.

Demand estimations result in ineffective supply chains due to the bullwhip effect which is a characteristic of distribution channels. As one moves higher up the supply chain, it informs of increasing inventory variations in reaction to variations in consumer demand.

Therefore, option D Bullwhip effect is appropriate.

Learn more about the Bullwhip effect, here:

brainly.com/question/2815747

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The complete question is attached below-

Small changes in consumer demand can result in large variations in orders placed because of the:

A) Supply chain

B) Safety stock requirement

C) Lead time effect

D) Bullwhip effect

E) FCFS scheduling

4 0

1 year ago

a. What is the bond's yield to maturity (expressed as an APR with semiannual compounding)? b. If the bond's yield to maturit

mina [271]

Answer:

A. 7.5

N=20

PV=1034.74

PMT= 1000*8% / 2

PV = 1000

B. $934.96

N=20

I= 4.5

PMT = 40

FV = 1000

Explanation:

3 0

3 years ago

Rebecca wants to buy a new saddle for her horse. The one she wants usually costs $600, but this week it is on sale for $490. She

lutik1710 [3]

Answer:

high quality and the other one is a little more than I can say is that I was just wondering if you were still going to be able to make it to the store and get some rest and feel better soon and that is why I am asking for a friend to talk to you about it when I get home

5 0

3 years ago