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mrs_skeptik [129]
3 years ago
11

Producing goods only enough to meet the basic needs of the family is called

Business
1 answer:
zepelin [54]3 years ago
8 0

Answer:

Domestic production

Explanation:

  • Domestic production means we make things only to satisfy our household needs of family.
  • In simple words the production which is made not in the intention of business is called Domestic production
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Temporary Housing Services Incorporated (THSI) is considering a project that involves setting up a temporary housing facility in
expeople1 [14]

Answer:

Option D. $6.25 Million

Explanation:

The Free Cash Flow can be calculated using the following formula (Ignoring investment):

Free Cash Flow = (Revenue - Operating Expenses)   Minus  Tax

Here

Revenue is $20 Million

Operating Expenses are $12 Million

And

Tax is not given however tax rate is given which is 35% here. For tax purposes, we will assume that the depreciation is tax allowable expense, so

Tax = (Revenue - Operating Expenses - Depreciation) * Tax rate

By putting values we have:

Tax = ($20m - $12m - $3m) = $1.75 Million

The cash impact is taken while calculating the Free cash flow. This free cash flow method is also used in IRR, NPV, discounted payback method, etc.

By putting values in the above bold equation, we have:

Free Cash Flow = ($20m - $12m) - $1.75 = $6.25 Million

8 0
4 years ago
As an investor and based on your understanding of risk, which of the following statements is true?
nydimaria [60]

Answer: B. You should invest in a stock if the expected rate of return from the stock is greater than the expected rate of return on an asset with a similar risk.

3 0
3 years ago
Match the Activity Level with the proper definition. a. Activities performed for each unit of production b. Activities performed
labwork [276]

Answer:

Activity-based costing involves the identification and assignment of cost to different activities in an organization. As per definitions, the correct match of these activity descriptions and their key terms would be as follows:

A). <u>Unit-level activities</u> - These include Activities performed for each unit of production.

B). <u>Batch-level activities</u> - It includes Activities performed for each batch of products rather than each unit.

C). <u>Product-level activities</u> - These activities include the Activities performed in support of an entire product line but are not always performed every time a new unit or batch of products is produced.

D). <u>Facility-level activities</u> - These are the Activities required to support or sustain an entire production process.

E). <u>Customer Level Activities</u> - These Activities are required for supporting every single customer.

7 0
3 years ago
Two operationally similar companies, HD and LD, have identical amounts of assets, operating income (EBIT), tax rates, and busine
oksano4ka [1.4K]

Answer:

Company HD has a higher return on equity (ROE) than Company LD, and its risk as measured by the standard deviation of ROE is also higher than LD's.

Explanation:

7 0
3 years ago
Read 2 more answers
Dellroy Rentals Company faced the following situations. Journalize the adjusting entry needed at December 31, 2016, for each sit
slamgirl [31]

Answer:

Journal entries are given below

Equipments book value = $144,000

Explanation:

We can journalize each situation by debiting the expenses, assets, and by crediting liabilities, capital, and income given in the situation.

A. To record Interest Expense Payable in January

                                        DEBIT      CREDIT

Interest Expense           $3,200  

Interest Payable                               $3,200

b. To record Interest Revenue Earned but not Received

                                        DEBIT      CREDIT

Interest Receivable       $4,100  

Interest Revenue                             $4,100

 

c. To recognize Unearned Rent Revenue for the Period July to December

                                                  DEBIT      CREDIT

Unearned Rent Revenue       $3,000

(12,000*1/2*6/12)  

Rent Revenue                                             $3,000

d. To record Salary due for 4 days from Monday to Thursday

                                        DEBIT      CREDIT

Salary Expense             $24,400

(6,100*4)

Salary Payable                                  $24,400

e. To recognize the Supplies Expense at year end

                                        DEBIT      CREDIT

Supplies Expense         $1,900

(3,200 - 1,300)

Supplies                                            $1,900

f. To record depreciation for the current year

                                              DEBIT      CREDIT

Depreciation Expense       $36,000

(180,000/5)  

Accumulated Depreciation                   $36,000

Equipments book value = Cost of Equipment - Depreciation

Equipments book value = 180,000 - 36,000

Equipments book value = $144,000

5 0
3 years ago
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