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Tomtit [17]
2 years ago
3

Gold star rice, ltd., of thailand exports thai rice throughout asia. the company grows three varieties of rice—white, fragrant,

and loonzain. budgeted sales by product and in total for the coming month are shown below:

Business
1 answer:
Allisa [31]2 years ago
7 0

<u>Explanation:</u>

Calculation of the break even point dollar sales:

Contribution margin ratio = (Sales -variable expenses)/ Sales

=(650000-370500)/650000

=0.43

Break even point in dollars = Fixed cost/contribution margin ratio

= 232440/.43  

Break even point in dollars = $540558

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According to PMI's code of ethics, project managers have a high regard for themselves, others, and the resources entrusted to th
aleksandrvk [35]

Answer:

The correct answer is letter "A": Respect.

Explanation:

The Project Management Institute or PMI is an American non-profit organization that defines and keeps standards for project management within organizations. According to the PMI, the values for ethical project management involve responsibility, fairness, respect, and honesty. Respect implies showing high awareness for managers, others involved in the firms,  and the resources provided to the executives.

3 0
2 years ago
Harley Davidson makes motorcycles but in its retail stores it also sells clothing, motorcycle accessories, jewelry, and many rel
slega [8]

Answer:

<em>licensing</em>

Explanation:

<em>As Harley Davidson makes motorbikes, but know as Harley Davidson  is engaging in </em><u>licensing</u><em>. </em>

Because licensing is a permission officially to own and use other companies materials and products.

So while Harley Davidson is making motorbikes,<em> </em><em>it is also engaging by licencing in other business such as selling of motorbikes equipment, products that are containing Harley Davidson trademarks, jewelry and as well as clothes.</em>

5 0
2 years ago
If a company adopts an accounts receivable factoring program, and accounts for the factoring as a sale of receivables, which of
horsena [70]

Answer:C. cash flow from operations may increase

Explanation:

A factoring system is one in which a firm sell his right to receive payments on it's receivable to a firm referred to as the factor as a discount in which the amount of discount represents the factor fees for taking up the risk.

The factor may be with or without recourse to the firm selling the receivable.

It's mostly entered into to reduce payment defaults and increase inflow of cash for operations.

The factor company does not need to be a consolidated company,it usually reduce the receivable and does not require a change in accounting principles.

4 0
2 years ago
Hawar International is a shipping firm with a current share price of $5.50 and 10 million shares outstanding. Suppose Hawar anno
Vika [28.1K]

Answer: a. $5.50

b. $6.1

c. $3,500,000

Explanation:

a. From the question, we are informed that Hawar International is a shipping firm with a current share price of $5.50 and 10 million shares outstanding and that Hawar announces plans to lower its corporate taxes by borrowing $20 million and repurchasing shares.

We are informed that Hawar announces plans to lower its corporate taxes by borrowing $20 million and repurchasing shares. This is a transaction and therefore, the value if the share won't be changed. So, the value for the share will still be $5.50.

b. If the only imperfection is corporate tax rate of 30%, the share price after this announcement will be:

= [30% × (20million/10million)] + $5.50

= [0.3 × 2] + $5.50

= $0.6 + $5.50

= $6.1

Therefore, the share price be after this announcement will be $6.1.

c. If the share price rises to $5.75 after this announcement, the PV of financial distress costs Hawar will incur as the result of this new debt will be:

= ($6.1 - $5.75) × 10,000,000

= $0.35 × 10,000,000

= $3,500,000

3 0
2 years ago
Carlos drives to oregon to consult with a client. he works for 1 day and spends 3 days enjoying oregon since the consultation wa
Assoli18 [71]

Answer:

Explanation:

You are able to deduct expenses that are directly related to the business travel.

He can deduct the entire 175 for driving, since he would need to do that no matter if he stayed longer or not. Staying longer doesn't add any extra cost.

He can deduct lodging that covers the amount of time dedicated to business so of the 600 he can deduct 1/4 or $150 since only 1 of the 4 days was business related.

And the $50 for food for the day he spent on business

7 0
2 years ago
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