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prisoha [69]
1 year ago
12

Josey Doakes was reading the balance sheet of Gogoldze Inc. when she spilled grape juice on it. After the juice spill, the balan

ce sheet looked like this:($ millions)      12/31/2015Cash          90Accounts Receivable         210Inventory         410Other Current Assets      grapeCurrent Assets      juiceNet Property, Plant, & Equipment      1,080Total Assets      grape          juiceAccounts Payable         115Other Current Liabilities         260Current Liabilities         375Long-term Liabilities         860Common Stock          50Additional Paid-in-Capital         300Retained Earnings         285Total Liabilities and SE      1,870What was Gogoldze Inc.'s Other Current Assets at 12/31/2015?a. $710b. $120c. $370d. $80e. $790
Business
1 answer:
vladimir2022 [97]1 year ago
5 0

Answer:

d. $80

Explanation:

The computation of the other current assets is shown below:

= Total assets - Net Property, Plant, & Equipment - cash - Accounts Receivable - inventory - Other Current Assets

= $1,870 - $1,080 - $90 - $210 - $410 - Other Current Assets

= $80 - Other Current Assets

So, the other current assets would be $80

And, we know that

Total assets = Total liabilities + total stockholder equity

So,

Total assets = $1,870

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The Yurdone Corporation wants to set up a private cemetery business. According to the CFO, Barry M. Deep, business is "looking u
olasank [31]

<u>Solution and Explanation:</u>

Answer 1  The Net present value = the Present value of all the cash inflows minus the present value of all the cash outflows

$=145000 /(11 \text { percent minus } 4 \text { percent })-1900000$

= $171428.57

Answer a-2) yes, definitely the business should be started as the net present value is positive.

Answer b) Break even growth rate = the required rate – Cash flows / investment

=11 \%-145000 / 1900000

= 3.37 percent.

5 0
1 year ago
In the six Ms model of marketing communications, strategic intent refers to: mission and money. market and media. message and ma
Travka [436]

Answer:

Mission and Market.

Explanation:

Strategic intent describes what organization wants to attain with the help of its communication mix, where it wants to reach with the help of applying all the tools of the communication mix. Putting it simply, where the firm actually wants  to land. It gives any organization the main basis for their planning process and inspiration to go ahead in the business. Firms try to achieve a strategic fit and synchronization between its internal resources and abilities and eternal opportunities posed by the outside macro-environment. Its gives a bigger picture to the firm that what they should convey to the target market in their overall marketing communications.

3 0
1 year ago
When shopping for a smartphone, a consumer first compares prices to see which brand offers the lowest price. After also inspecti
kramer

Answer:

Top-of-the-mind awareness

Explanation:

Many customers select products and commodities on the basis of brand loyalty and many select brands which offer the lowest rates. A concept where consumer selects a brand on the basis of best features and software’s is a general concept that is called the top of the mind awareness, which states that every customer wants to buy a commodity that is best in every aspect. It is estimated by asking customers by using surveys about the brands that first rings a bell in a specific class.

8 0
1 year ago
Read 2 more answers
You are planning to email to two lists. The first list has 5,000 names. The second list has 3,900 names. There are 700 names tha
dusya [7]

Answer:

8,200

Explanation:

You have to email the list of 5000 names first and then you have also second list for emailing consists of 3900 names. The sum of both the list is equal to 8,900. But there are 700 names which are common on both lists. You have to subtract 700 from 8,900 to identify the number of unique names you have. The answer you will get after subtraction is 8,200.

7 0
1 year ago
The following stock transactions were completed by the executive vice president of Vinco, Inc., a publicly traded corporation: J
kirza4 [7]

Answer:

d- EVP has a short-term swing profit is $3000

Explanation:

Lets first understand what short-term swing profit is. Short-term swing profit is profit dependent upon a rule normally set by the securities & exchange commission which states that  any profits made by company insiders through the purchase and sale of share/stocks within six months must be returned to the company. Company insiders are people/employees working within the entity mostly having more than 10% of company's shares or employees such as executives, directors and managers.

Now It's not clear from the question what the purchase price of the shares was when EVP sold them on January 12 2016, assuming these shares were purchased at $20, then the short-term swing profit would be $2000 as at January. Then EVP purchases 100 shares at $20 and sells them at $30 per share as at june. The additional short-term swing profit would be $1000 (i.e $30-$20=$10 per share).

Therefore the total short-term swing profit is $3000

4 0
1 year ago
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