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Dima020 [189]
2 years ago
11

"If the previous chart measures CaliMart’s revenues in millions of dollars, how much money did CaliMart make in 2005"

Business
1 answer:
FrozenT [24]2 years ago
8 0

Answer: $12 million

Explanation:

In 2009, Cali made a revenue of $26 million.

In 2005, Cali made a revenue of $14 million.

= 26 - 14

= $12 million

Cali made $12 million more in 2009 than in 2005.

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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
2 years ago
On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $27.70 per share. On March 1, a dividend of
klio [65]

Explanation:

The calculation is shown below:

a. The proceeds from the short sale (net of commission) is

= Number of shares short sold x (price of short sale - commission paid per share)

= 100 shares x ($27.70 - 0.25)

= $2,745

b. The dividend payment is

= Number of shares × dividend per share

= 100 shares × $3.30

= $330

c. Value of an account is

= Proceeds from short sale, commission net -  dividend paid - cost including commission

where,

Cost including commission is

= Number of shares short sold x (price of buying stock + commission paid per share)

= 100 shares × ($22 + 0.25)

= $2,225

So, the value of an account is

= $2,745 - $330 - $2,225

= $190

5 0
2 years ago
Which of the following captures the specific actions that leaders take to influence others at work? A.Leadership styles and beha
Tom [10]

Answer:

A.Leadership styles and behaviours

Explanation:

-Leadership styles and behaviours refer to the approach and actions a leader take to direct, motivate and guide people.

-Team processes refer to how the team works to accomplish goals.

-Team characteristics refer to the qualities that a group of people that work together possess.

-Leader power and influence refer to the ability a leader has to convince people to do certain things and achieve a goal.

According to this, the option that captures the specific actions that leaders take to influence others at work is leadership styles and behaviours.

7 0
1 year ago
On January 1, 2017, Doone Corporation acquired 70 percent of the outstanding voting stock of Rockne Company for $672,000 conside
bogdanovich [222]

Answer:

Question a:

The non-controlling interest of Rockne´s 2018 net income is $111,000.- calculated by taking 30% of Rockne´s net income of $370,000.-  

Question B:

There are 3 entries required to eliminate te sale of goods form rochne to doone.  

The first entry eliminates the sales recorded by rockne against te inventory or cost of goods sold by recorded by doone.  To consider, the 60% of the purchases went trhough cost of good sol d and 40% of the purchases remain in inventory until the following year.  Here is the engru:

Debit/sales/$530

Credit/COGS/ ($318) 60%

Credit inventory ($212) 40%

The next entry has to do with the amount of inventory that remained from the last intercompany transaction.  This is caclulated usin 40% of 2017 sales, which were $430.   So:

Debit inventory $172

Credit Cogs  ($172)

The last part is to eliminate the recievable on the book of rockne when they made te sale

Debit Payable $530

Credit receivable ($530)

6 0
1 year ago
On November​ 1, 2019, Alpha​ Omega, Inc. sold merchandise for $ 12 comma 000​, FOB​ destination, with payment​ terms, n/30. The
faust18 [17]

Answer:

Gross Profit is $9552

Explanation:

Given data

sold  = $12000

cost of goods = $3840

returns = $4800

to find out

gross profit

solution

we apply here gross profit formula that is

Cost of goods = Cost of goods - ( Return amount × Cost of goods sold / sale  ) .....................1

Cost of goods = 3840 - ( 4800 × 3480/ 12000)

Cost of goods = 2448

gross profit

Gross Profit = Sales - Cost of Goods Sold

Gross Profit = 12000 - 2448

Gross Profit is $9552

5 0
1 year ago
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