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2 years ago

If Baldwin issued 1000 shares of common stock at last year's end price, the effect on the balance sheet would be:________

Business

1 answer:

natta225 [31]2 years ago

5 0

Answer:

d) Equity would increase by $63,228

Explanation:

We are not given any information about stock prices, but we do not need them. Whenever new common stocks are issued, stockholders' equity will increase (always).

Retained earnings are affected by net income and dividends:

net income increases retained earnings
dividends decrease retained earnings

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Lately the demand for building materials has dropped due to the slowdown in new housing construction. Woods Corp, is thinking of

a_sh-v [17]

Answer:

A. dog

Explanation:

The Boston Consulting Group growth share matrix is a graphical representation used in planning which of a companie's products should be kept, discarded, or invested more in.

Four categories of products are stars, dogs, cash cow, and question mark.

Dogs have low market share and low growth rate. Options for handling such products are selling, repositioning, or liquidation.

Demand for building materials has dropped due to the slowdown in new housing construction and the company is considering bclosing its fine wood division that produces mahogany and cherry lumber for building cabinets and other applications.

This division is most likely a dog

3 0

2 years ago

Compare transnet with a perfect competitor in terms of price and output and profit

Sergeu [11.5K]

Transnet SOC Ltd is a rail, port, and pipeline company in Johannesburg.

Price: This company is a price maker, therefore, in terms of price, Transnet perfect compitetor is a price taker.

Output: Transnet has the ability to decide the quantity of their output and they have many competitors on this one.

Profit: Transnet might be able to increase their profit but in a competition it would be hard because customers might switch to the competitor.

6 0

2 years ago

Chester has negotiated a new labor contract for the next round that will affect the cost for their product City. Labor costs wil

Dmitriy789 [7]

Answer:

Find attached complete question:

Option A 1452 units

Explanation:

The increase in labor cost=$3.39-$2.89=$0.50

Half of the increase would reflect as increase in price i.e$0.25

Current price is $16

new price is $16+$0.25=$16.25

contribution margin =selling price -variable cost

currently units sold=$30,875/$16= 1,930

Current contribution per unit=$11,401/1930=$5.91

new contribution per unit would reduce by $0.25 i.e $5.91-$0.25=$5.66

breakeven in units=period cost/contribution margin per unit

period cost is $8346

breakeven units=$8346/$5.66=1475 units

The closest option is A 1452 units,the difference could be due to rounding error

Download docx

4 0

2 years ago

Apple, known for creativity and innovation, keeps its new innovations consistent with previous product lines to maintain long-te

Mamont248 [21]

Answer: Relational

Explanation: Relational orientation is a term in marketing where a marketer or producer identify the need of its customers or consumers and make available products that will meet their need and help to build a good relationship with the consumers or customer. This term is used by most multinationals like Apple etc to build brand loyalty and maintain a good market share.

3 0

2 years ago

Sierra Co. has provided the following information: Work in Process: Feb 1 25,000 units (100% complete for materials, 60% complet

Artemon [7]

Answer:

The answers are as follows:

a. 90, 000 units

b. Materials: 105,000; Conversion: 93,000

c. Materials: $1.4762; Conversion: $2.9785 (rounded to 4 decimal places)

d. $ 400,922 (rounded to whole dollar amount)

e. $31, 078 (rounded to whole dollar amount)

Explanation:

Work in process valuation entails calculating the value of goods which are started and completed during the period plus the value of goods which are not yet completed but have been started during the current period. In order to calculate the required, the following abbreviations will be employed:

Op.Wip is the value of the opening inventory

Current is the total cost of production in the current period

Total C is the total cost of production incurred during the current period including opening inventory

Comp. U is the quantity of completed units in the current period

WIP eq.U is the equivalent units of production for the current period. Equivalent units are the number of units that are computed for partially completed units of production.

Total eq.U is the total quantity of units produced including equivalent units (completed units plus equivalent units)

CPU is the cost per unit of production for materials as well as conversion costs

Mat represents materials and CC represents conversion costs

Part 1

$ $ $ $ $ $

Op. Wip Current Total C Comp. U WIP eq.U Total eq.U

Mat 35,000 120,000 155,000 90,000 15,000 105,000

CC 43,000 234,000 277,000 90,000 3,000 93,000

78,000 432000

Equivalent units: Materials (15,[email protected]% completion = 15,000 units); Conversion (15,[email protected]% completion = 3,000 units)

Cost Per Unit (CPU):

Materials cost: $1.476* ($155,000/105,000 units)

Conversion cost: $2.978** ($277,000/93,000 units)

Total CPU: $4.454** ($1.476 + $2.978)

*1.476190476

**2.978494624

***4.4546851

Part 2:

Work in Process: $

Materials: (15000 units * 1.476190476) 22,142.85714

Conversion Costs: (3000 units * 2.978494624) 8935.483871

Completed units: (90,000 units * 4.4546851) 400,921.659

 432, 000 

3 0

2 years ago