The discount on a note payable gradually becomes

Mt Kinley is a strategy consulting firm that divides its consultants into three classes, associates, managers, and partners. The

Basile [38]

Answer:

1. 50 consultants per year

2. 4%

Explanation:

1. Calculation to determine How many new MBA graduates does Mt Kinley have to hire every year

Using this formula

Flow Rate of associates= Inventory / Flow Time

Let plug in the formula

Flow Rate of associates = 200 consultants / 4 years

Flow Rate of associates= 50 consultants per year

Therefore the numbers of MBA graduates that Mt Kinley have to hire every year is 50 consultants per year

2. Calculation to determine the probability that an incoming MBA graduate would make partner at Mt Kinley

First step is to calculate the Flow Rate of managers using this formula

Flow Rate of manager= Inventory / Flow Time

Let plug in the formula

Flow Rate of manager = 60 consultants / 6 years

Flow Rate of manager =10 consultants per year

Second step is to calculate the flow rate of partner using this formula

Flow rate of partner = Inventory/ Flow time

Let plug in the formula

Flow rate of partner = 20/10

Flow rate of partner = 2 partners per year

Third step is to calculate the probability of becoming a manager

Probability (Manager) = 10/50

Probability (Manager) = 20%

Fourth step is to calculate Probability of becoming a partner

Probability (Partner) = 2/10

Probability (Partner) = 20%

Now let calculate the probability that an incoming MBA graduate would make partner at Mt Kinley

Probability of MBA graduate becoming a partner = 20% x 20%

Probability of MBA graduate becoming a partner = 4%

Therefore the probability that an incoming MBA graduate would make partner at Mt Kinley is 4%

7 0

3 years ago

If neither party is satisfied with the national labor relations board's decision, the parties can take the case to the _____ for

Rufina [12.5K]

<span>They can take the case to the Court of Appeals for review, who may potentially appeal the decision. If the court decides that the law has not been followed properly, then they may appeal the case. However, they do not deal with matters of evidence and the validity of facts. They just make sure that legal procedures have been properly followed.</span>

6 0

3 years ago

Suppose a bakery reports this information: beginning raw materials inventory $4,000 ending raw materials inventory 3,000 beginn

photoshop1234 [79]

To calculate cost of direct materials used, you take Purchases of raw materials and subtract the change in raw materials. The idea is that the cost of raw materials used will be however much raw materials decreased during the period plus the purchase of raw materials. Beginning raw materials is 4000, and ending raw materials is 3000, a change of -1000. Purchases of raw materials were 99,000. The Cost of Direct Materials is 99,000 - (-1000) = 100,000.

6 0

3 years ago

Simpson Enterprises is considering a new project with revenue of $325,000 for the indefinite future. Cash costs are 63 percent o

melamori03 [73]

Answer:

net present value = 133808.82

Explanation:

solution

we find here present value of cash inflows that is

Cash inflows = $325,000

and

cash costs @63% = $204,750

so

cash flow before tax = 325,000 - 204,750 = $120,250

and Tax @21% = $25,252.5

so

Cash flow after tax will be = $120,250 - $25,252.5 = $94,997.5

Discounting factor is = 0.17

Present value of cash inflows = (cash flows after tax ÷ discounting factor)

Present value of cash inflows = $\frac{94997.5}{0.17}$

Present value of cash inflows = $558808.82

so

net present value = Present value of cash inflow - present value of cash outflows

put here

net present value = $558808.82 - $425,000

net present value = 133808.82

4 0

3 years ago

The Hall Corporation had 100,000 shares of common stock outstanding at the beginning of the year. Hall issued 30,000 shares of c

Vladimir [108]

Answer:

weighted average of outstanding shares. 124,000

for diluted EPS: 145,000

Explanation:

beginning 100,000

+ 30,000 x 7/12 (May issued shares)

+ 13,000 x 6/12 (130,000 x 10% stock dividends)

100,000 + 17,500 + 6,500 = 124,000 shares for the weighted average of outstanding shares.

for the diluted earning per share:

each bond can convert to 21 shares, potentially increasing the amount of shares outstanding to:

1,000 x 21 = 21,000 new shares

<u>so for diluted EPS we will use:</u>

124,000 + 21,000 = 145,000

5 0

3 years ago