All categories

2 years ago

The Bandeiras Corporation, a merchandising firm, has budgeted its activity for December according to the following information:

Business

1 answer:

makkiz [27]2 years ago

3 0

Answer:

The budgeted net income for December is $42,500

Explanation:

The budgeted net income is calculated by following table:

1. Sales $550,000

2. Cost of goods sold 75% x $550,000 = $412,500

3. Selling and administrative expenses $60,000

4. Depreciation expense $35,000

5. Net income (1-2-3-4) $42,500

You might be interested in

Bermuda Triangle Corporation (BTC) currently has 520,000 shares of stock outstanding that sell for $85 per share. Assume no mark

Vedmedyk [2.9K]

Answer:

a. BTC has a five-for-three stock split.

new number of shares outstanding = (520,000 / 3) x 5 = 866,666.67 ≈ 866,667

new market price per stock = ($85 / 5) x 3 = $51

b. BTC has a 12 percent stock dividend.

new number of shares outstanding = 520,000 x 1.12 = 585,400

new market price per stock = $85 / 1.12 = $75.89

c. BTC has a 43.5 percent stock dividend.

new number of shares outstanding = 520,000 x 1.435 = 746,200

new market price per stock = $85 / 1.435 = $59.23

d. BTC has a four-for-seven reverse stock split.

new number of shares outstanding = (520,000 / 7) x 4 = 297,142.86 ≈ 297,413

new market price per stock = ($85 / 4) x 7 = $148.75

6 0

2 years ago

The renewal probability is assumed to be 60% for a particular lease with 12 months vacant if the lease is not renewed. The expec

RUDIKE [14]

Answer:

(A) 4.8 months

Explanation:

After the expiration of a lease, a maximum of one third allowance is usually given.

Therefore, The expected vacancy at the end of this lease can be calculated as follows:

The expected vacancy = 60% × 12 × (2 ÷ 3) = 4.8 months

Therefore, the expected vacancy at the end of the lease is 4.8 months.

6 0

2 years ago

You have been working on a new entrepreneurial venture with a few friends for the past year. Everyone’s efforts are really start

brilliants [131]

Answer:

A. determining a few key ideas and how to best sequence them.

Explanation:

The effective communication is one in which the speaker is able to disseminate his ideas to the listener correctly. The panel of successful entrepreneur is interested in investing in the venture. The meeting is limited to 15 minutes so we should cover only key points and focus on their benefits of investing. The Entrepreneur has time to listen key ideas and its upon us to best sequence those ideas which leave a positive impact on the panel.

4 0

2 years ago

"Kent Manufacturing produces a product that sells for $50.00. Fixed costs are $260,000 and variable costs are $24.00 per unit. K

AVprozaik [17]

Answer:

$ 460,000.00

Explanation:

The break-even point==fixed costs/contribution margin

With purchase of a new production machine,total fixed costs would increase by $11,400

new total fixed costs=$260,000+$11,400=$271,400

contribution margin=sale price per unit-variable cost per unit

sale price is $50.00

variable cost=$24.00-$3.50=$20.50

new contribution margin=$50.00-$20.50=$29.50

New break-even point in unit of output=$271,400/$29.50=9,200 units

new break-even point in dollars=9200 *$50=$ 460,000.00

4 0

2 years ago

Jolene is opening a doggy daycare named "Little Barks." She is leaving her current job where she makes $75,000 per year in order

brilliants [131]

Answer:

Accounting profit is the difference between total revenue and accounting cost in which the accounting cost is containing only the explicit cost incurred. Economic profit is the difference between total revenue and total opportunity cost, the latter containing both the explicit cost and the implicit cost incurred.

Accounting profit = revenue - explicit cost

Accounting profit = 125,000 - (10000 + 20000)

Accounting profit = 95,000

Economic profit = accounting profit - implicit cost

Economic profit = 95,000 - (75000 + 5000)

Economic profit = 15,000

This implies that while accounting profit does not undertake implicit cost of economic activity (cost for which no explicit payment is made separately), economic profit does deduct them. Now economic profit is positive, Jolene should open Little Barks.

6 0

2 years ago