Selecting goals and ways to attain them refers to ____

Polar bears in captivity exhibit obsessive patterns of behavior such as pacing back and forth on the same spot, swinging their h

kherson [118]

Answer:

c. Stressed polar bears exhibit obsessive patterns of behavior.

Explanation:

If a polar bear is bred in captivity they show an obsessive pattern of behavior.

Such as the passing of the back and forths on the same spot and swimming on their heads from side to side.

And also use their paws to repeatedly strike their heads as a sign of stress. This shows that they don't do well in captivity.

5 0

2 years ago

R. J. Graziano Wholesale Corp. uses the LIFO method of inventory costing. In the current year, profit at R. J. Graziano is runni

Nata [24]

Answer:

a. What is the effect of this transaction on this year's and next year's income statement and income tax expense? Why?

The inventory account is a permanent asset account in the balance sheet, so it doesn't matter if the company purchases all that it can during the last days of December, it will not affect the income statement, nor their tax liability for the current year. A company only recognizes cost of goods sold when the goods are actually sold, not when they are purchased.

Since the company uses the LIFO (last in, first out) inventory method, all it will do is increase the value of ending inventory which changes into beginning inventory next year. You can reduce next year's income more by purchasing the goods next year.

b. If R. J. Graziano Wholesale had been using the FIFO method of inventory costing, would the president give the same directive?

If the company used the FIFO method, the result will be the same. Inventory is not COGS, whether you use FIFO, LIFO weighted average, specific identification, or any other acronym that you might come up with. At beginning of the year, inventory must be average to determine beginning inventory. it might help to increase COGS a little, therefore, decreasing net income, but the effects shouldn't be significant.

c. Should the plant accountant order the inventory purchase to lower income? What are the ethical implications of this order?

It is useless, and he should know it. The only implication is that this will help him realize his low IQ.

6 0

2 years ago

The risk-free rate is 5 percent and the market risk premium is 8 percent. Stock Y's beta is 1.85 and the standard deviation of i

Romashka [77]

Answer:

g

Explanation:

5 0

2 years ago

Ware Manufacturing Company produced 2,000 units of inventory in January 2018. It expects to produce an additional 14,000 units d

lana66690 [7]

Answer:

Total production cost= $266,380

Explanation:

First, we need to calculate the total estimated overhead costs:

total estimated overhead costs= 20,000 + 160,000 + 75,000 + 20,000

total estimated overhead costs= $275,000

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 275,000 / 16,000

Predetermined manufacturing overhead rate= $17.19 per unit

Finally, we can calculate the total production cost of the 2,000 units made in January:

Total production cost= total unitary cost*number of units

Total production cost= (64 + 52 + 17.19) * 2,000

Total production cost= $266,380

4 0

2 years ago

Portman Industries just paid a dividend of $2.16 per share. The company expects the coming year to be very profitable, and its d

Mariana [72]

Answer:

Expected Dividend Yield is 10.4%

Explanation:

As we know that the Expected Dividend Yield for Portman’s Stock can be calculated using the following formula:

Expected Dividend Yield = [D0 x (1 + g) / Intrinsic Value (Step1)] * 100

Here

Dividend just paid is $2.16 per share

The growth rate for the Portman's stock is 16% for the first year

Ke is 13.6%

Intrinsic Value = $24.09 (See Step 1)

By putting the above values in the above equation, we have:

Expected Dividend Yield = [$2.16 x (1 + 0.16) / $24.09] x 100

= 10.4%

Step 1. Intrinsic Value can be calculated using the following formula:

Intrinsic Value = D1 / (1 + r)^1 + Horizon Value (Step 2) / (1 + r)^1

Here

Growth (g) will be 3.2% for the year 2 because D2 = D1 * (1 + g)

Horizon value = D1 * (1 + g) / (Ke – g) = $2.5056 * (1 + 3.2%) / (13.6% – 3.2%)

= $2.5858 / 0.0752 = $24.86 per share

So by putting the above values in the step 1, we have:

= $2.5056 / (1 + 0.136)1 + $24.86/(1 + 0.136)1

= $24.09 per share

3 0

2 years ago

Selecting goals and ways to attain them refers to _____.