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2 years ago

Which individual is a producer?

Business

2 answers:

Ghella [55]2 years ago

8 0

Answer:

A farmer who grows what his family needs to survive.

Ronch [10]2 years ago

7 0

Answer:

To be considered as a producer, we need to create some sorts of goods or services and exchange it with the customers in order to obtain some sort of financial gain. I believe that a host who seats customers in a busy restaurant would be considered a producer because he is providing a service to consumers.

Hope this helps!

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Selected information from Rockway, Inc.'s U.S. GAAP financial statements for the year ended December 31, included the following

Scrat [10]

Answer:

Cash flow from operating activties 3,800,000

Explanation:

Cash collected from sales:(A) 21,000,000

Cash paid to supplier (B) (15,200,000)

Interest paid (1,000,000)

income taxes paid (1,000,000)

Cash flow from operating activties 3,800,000

(A)we use the sales and account receivable account

3,000,000 + 21,000,000 - 2,500,000 = 21,500,000

(B) we solve for purchases with COGS and inventory

purchases:

15,000,000 + 3,000,000 - 2,400,000 = 15,600,000

and now, with purchase along wiht account payable we solve for

paid to suppliers

1,000,000 + 15,600,000 - 1,400,000 = 15,200,000

3 0

2 years ago

Greg used his credit card to buy exercise equipment. The cost was $826.38.If Greg pays $50 a month for 20 months, the total inte

Dvinal [7]

The answer is $898.75

4 0

2 years ago

Read 2 more answers

You are trying to decide between a par value corporate bond carrying a coupon rate of 6.25% per year and a par value municipal b

FinnZ [79.3K]

Answer:

Municipal bond because the equivalent taxable yield is 6.6%

Explanation:

we should make the important difference that municipal bonds are tax free while corporate bonds don't.

Therefore we should solve for the after tax rate fo the corporate bond:

$pretax (1-t) = after tax -rate\\0.0625(1-0.28) = 0.0625(0.72) = 0.045$

The corporate bond as a yield of 4.5% after taxes which is lower than the municipal bond. This make it more attractive

We can also solve for the pre-tax rate of the municipal bond:

$pretax(1-t) = after tax - rate\\pretax (1-0.28) = 0.0475\\pretax = 0.0475/0.72 = 0,065972 = 0.066$

the municipal bonds would be equivalent to a 6.6% corporate bonds.

This makes option D correct.

6 0

2 years ago

Berol Company plans to sell 200,000 units of finished product in July and anticipates a growth rate in sales of 5% per month. Th

N76 [4]

Answer:

Total production requirements for 3 months = 665720 units

Explanation:

The opening inventory in July should have been 200000 * 0.8 = 160000 units

However there is a shortage of 10000 units as opening inventory is 150000 units.

July sales are expected to be 200000 units.
August sales will be = 200000 * 105% = 210000 units
September Sales will be = 210000 * 105% = 220500 units
October Sales will be = 220500 * 105% = 231525 units

The production requirement is to produce enough to match this month's sale along with 80% of next months sale.

The production requirement for 3 months ending 30 september will be,

July = (200000-150000) + 0.8 * 210000 = 218000 units
August = 210000 * 0.2 + 220500 * 0.8 = 218400 units
September = 220500 * 0.2 + 231525 * 0.8 = 229320 units

Total production requirements for 3 months = 218000 + 218400 + 229320 = 665720 units

8 0

2 years ago

An upset forging plant will be built to produce 2,000,000 parts per year. The plant will operate for three 8-hour shifts per day

miv72 [106K]

Answer:

A. 16

B. 57.14

Explanation:

forging presses = 20

setup time = 3 hours

Time required to produce 1 batch = 600 *45 s = 7.5 hours

total workforce = 7 in all;

a. no of forged parts produced in a month ;

total time required to produce 1 forged part = 3 + 7.5 = 10.5 hours;

working hours a day = 8 ;

total no of working days = 21/month;

total no of batches produced n= 21*8/10.5;

n = 16;

so no of parts = 16 * 600 = 9600;

b. labor productivity P= parts /work hour;

P = 9600/21*8 = 57.14

3 0

2 years ago