Answer:
The points are as follows:-
1. Their preparations must be successful, and their implementation from the highest to the lowest managerial level is necessary.
2.We need to handle the whole project schedule acquisition process.
3.They ought to manage the sales contract for the finished product and the materials and machinery.
4.Prepare its manual data or auto-metrically produced purchase agreement from the line as well as from the planning process.
Answer:
$2,000,000
Explanation:
Menesuah incorporation has a projected cash flow of $100,000
FCF is expected to grow at a constant rate of 6%
The weighted average cost of capital is 11%
Therefore the value of its operation can be calculated as follows
= 100,000/(11/100-6/100)
= 100,000/0.11-0.06
= 100,000/0.05
= $2,000,000
Hence the value of its operation is $2,000,000
Would a believer in the efficient markets theory be likely to follow Stewart's advice?
Answer:
Of course not. Someone that believes in the efficient market theory (or hypothesis as it is generally called), believes that the market is always right. As an individual investor, you might be right or wrong, but the market as a whole has access to perfect information and the price of each stock already has been determined factoring all possible events and outcomes. I.e. the market's price is always the correct price and there is no way in which an individual investor can make a profit by buying or selling undervalued or overvalued stocks.
Personally, I disagree with this hypothesis, and the reason why most people call is a hypothesis is that they disagree with it. If the market is always right, then this theory is no good.
Answer:
According to law, the gift in lifetime means that the asset is legally owned by the person who receives the gift. But in this case, Larry has died and had left his assets behind which has to be distributed according to his will statement and the residue will belongs to his family members. The first thing here is the inheritance tax payment on these assets must be paid by the Owner Kari to have the right to use this asset.
Answer:
$0 (at least under current laws)
Explanation:
Child support payments are not tax deductible. Even alimony payments made to former spouses are not tax deductible anymore.
Any property settlements resulting from a divorce are not tax deductible either nor are they considered taxable income for the receiving party.
So in this case, until the current law changes, Carter cannot deduct any amount from his tax return.
Answer:
Ending WIP= $17,000
Explanation:
Giving the following information:
The cost of the beginning work in process inventory is $70,000
The costs of goods manufactured is $935,000
Direct materials cost is $339,000
Direct labor cost is $219,000
Allocated overhead cost is $324,000
Using the following formula, we can calculate the ending work in process:
cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
935,000= 70,000 + 339,000 + 219,000 + 324,000 - Ending WIP
Ending WIP= $17,000
Answer:
A) cost of goods manufactured schedule
Factory Insurance 4,700
Factory Utilities 29,100
Factory Machinery Depreciation 19,000
Direct Labor 147,750
Plant Manager`s Salary 65,600
Indirect Labor 26,560
Factory Property Taxes 9,810
Factory Repairs 1,600
Add Beginning Work in Process Inventory 26,800
Less Closing Work in Process Inventory (22,300)
Cost of Goods Manufactured $308,620
B) income statement through gross profit
Sales Revenue 564,000
Less Sales Discounts (4,700)
Net Sales 559,300
Less Cost of Goods Sold :
Finished Goods Inventory 98,200
Add Cost of Goods Manufactured 308,620
Less Closing Finished Goods Inventory (26,100) (380,720)
Gross Profit 178,580
C) current assets section of the balance sheet at June 30,2017
Current Assets
Raw Materials Inventory 46,000
Work in Process Inventory 22,300
Finished Goods Inventory 26,100
Accounts Receivable 27,100
Cash 35,600
Total Current Assets 157,100
Explanation:
Raw Materials Consumed in Production Calculation
Open a Raw Materials T - Account as follows :
Debit :
Opening Balance $51,100
Purchases $97,500
Totals $148,600
Credit :
Closing Balance $46,000
Requisitioned for Production (Balancing figure) $102,600
Totals $148,600