Answer:
(a) Dividends : Equity
(b) Interest receivable :Assets
(c) Issuance of preferred stock : Equity
(d) Prepaid insurance: Assets
(e) Amortization: Expenses
(f) Cost of goods sold: Expenses
(g) Accounts payable: Liabilities
(h) Cash: Assets
(i) Equipment: Assets
(j) Gain on sale of equipment: Revenues
Explanation:
The main elements of financial statements are: Assets, Liabilities, Equity
, Revenues and Expenses.
Assets are all the resources that the company has.
Liabilities are all the obligations that the company has.
Equity is the difference of subtracting the liabilities of the assets.
Revenue is the economic benefit that the company receives.
Expenses are the disbursements that the company makes.
Answer:
Total overhead $
Indirect material ($0.5 x 200,000 units) = 100,000
Utilities ($0.25 x 200,000 units) = 50,000
Supervisory salaries = 60,000
Building rent = 80,000
Total overhead 290,000
Overhead rate = <u>Budgeted overhead</u>
Budgeted direct labour hours
= <u>$290,000</u>
100,000 hours
= $2.90 per direct labour hour
Explanation:
In this case, we need to obtain the total overhead, which is the total of indirect material, utilities, supervisory salaries and building rent.
Then, we will divide the total overhead by direct labour hours so as to determine the overhead rate.
Answer:
b. A manager should assess the risk of the project.
Explanation:
While making a capital investment decision, a firm shall properly evaluate the capital investments , for this the manager shall access the following:
- Required return on investment by the firm.
- Risk associated with the project.
- Cash flows arising from the investment.
- Timing of the cash flows for discounting them into present value.
- Cost associated with the project.
Therefore, correct option is :
b. A manager should assess the risk of the project.
Answer:
A. $73,000
Explanation:
When a company is protected by a hedge it pays the forward exchange rate of the day it entered into the forward contract when payment date has come.
The Question is incomplete. Below are the missing parts and attached picture with spot rate and forward exchange rate.
Select one:
A. $73,000
B. $72,700
C. $73,200
D. $75,000
Answer:
Information technology achitecture can be defined as a detailed description of the various information processing assets that is needed to achieve business objectives.
Explanation:
In our world today, businesses thrive on information. Information technology achitecture focuses on three basic tiers in an organization which are the server, middleware and client.
At PepsiAmericas, the next Gen initiative convinced executives that they needed to drive value from technology intiatives. Technology provided a common plartform for standardized business processes.
The first initiative by Johnsen created an IT governance board which included the ceo Robert pohland and the coo ken keiser.
Pepsi Americas recognised the achitectural and structural difference between each of its subsidiaries and itself.
On the otherhand, Operational excellence can be defined as the provision of reliable products and services to customers at competitive prices. whereas customer intimacy is targeting and segmenting markets and offers matching exactly to the demands of the niche.
Operational excellence means to strip off operational cost so as to deliver competitive price.
Pepsi Americas employees realised that driver turnover were no longer important. and that recessions would require that operations would change. Therefore, pepsiAmericas had to reevaluate their operations as demand was reducing and had to find a way not to waste resources.
