e has a resort whose visitors use the lake for The village also has a chemical plant that dum waste into the lake. This pollutes the lake and less desirable vacation destination. That is, the plant's waste decreases the resort's economic
Q: ven year, a marketing firm has the following costs: $580,000 in wages and salaries paid to emp and…
A: Accounting profit refers to the sum value of total money or revenue gained by a business after…
Q: What is the cycle approach to auditing and what are the advantages of dividing the audit into…
A: Answer:- Cycle approach to auditing:- An audit cycle approach can be defined as the accounting…
Q: Ana and 9 of her friends how are all dog lovers would like to start an online store. The online…
A: there are different type of business organisation that are in existence and these organisation are…
Q: ABC enters into the following contract on June 1, 2022, with a local homeowner. The customer…
A: Standalone Price :— It is the price at which the vendor sells a good or services separately to the…
Q: Greenwood Company manufactures two products—15,000 units of Product Y and 7,000 units of Product Z.…
A: Activity rate is the one which is computed to allocate the activity measures to the appropriate…
Q: Q3 (a) Jati Jentayu Sdn Bhd manufactures and sells furniture that has peak sales in the third month.…
A: Budgeting: Budgeting is a future plan of expected income, expenditure and cash for a particular…
Q: The books and records of H. Angula show the followings transactions through the bank account for the…
A: Bank reconciliation statement is a statement to reconcile cash book with bank statement. In…
Q: Need correct answer within 30-40 mins I'll upvote your answer
A: Bank reconciliation: It is a statement drawn up by the business to verify the cash book balance with…
Q: Portis, Business requirements $8,000,000 in monthly sales, $5,600,000 in variable expenses, and…
A: It's crucial to understand how to distinguish between fixed and variable expenses when…
Q: Prepare a worksheet to compute the amount of cash paid to each partner at each stage of liquidation.…
A: Given in the question: There are three partners which are Abe, Ben and Cher The profit and loss…
Q: On November 27, the board of directors of Sage Hill Company declared a $0.80 per share dividend. The…
A: Dividends on common stock that have been declared by a firm but have not yet been paid to…
Q: Company Z manufactures printers, which comes with one-year warranty. During this year, Company Z…
A: Company Z sold 51000 units of printers during this year. Warranty cost to the company for every unit…
Q: Total economic profit is highest when the recycling production method is When the chemical plant…
A: Economic Profit- Economic Profits are the profits earned by business, when the outputs of the sale…
Q: 3. Prepare a retained earnings statement for the year ended December 31, 2014. 4. Prepare the…
A: Retained Earnings Statement for the year ended December 31, 2014 and Stockholder's Equity section of…
Q: Happy Woolly Inc. provides the following information about its postretirement benefit plan for the…
A: Pension is a kind of income an employee starts receiving on monthly basis after his/her services…
Q: Cash Budget Activity Cash Receipts Less: Cash Disbursements Net: Cash Flow Add: Beginning Cash…
A: Cash budget is the statement which is prepared to forecast the future cash receipts and payments of…
Q: Estimating Depreciation Expense and Book Value Equipment costing $30,000, with a scrap value of…
A: Straight-line depreciation method:- Straight-line depreciation = (Original cost - Scrap…
Q: outstanding voting stock of Rockne Company for
A: These are the accounting transactions that are having a monetary impact on the financial statement…
Q: What is the difference between a direct cost and an opportunity cost? Can you show the difference…
A: For proper control and management decision, management is to be provided with the necessary data to…
Q: Prepare a statement of cash flows (direct method) for the year 2018. Use the minus sign to indicate…
A: Cash flow statement means the statement which shows the movement of cash in the business. It include…
Q: 15. ABC Co. started work on two separate projects during 20x1. Information on these projects is…
A: Computation of contract liability :- Liability on contract A (9,000,000 x 50%) = 4,500,000 Liability…
Q: What connection exists between unit profit and labor costs?
A: A cost is the amount of money that was expended during the production or delivery of a good or…
Q: Jackson is the sole owner of JJJ Corporation (an S corporation). At the beginning of 2022, Jackson's…
A: Ordinary business loss refers to the loss which is realized through the taxpayer when the expenses…
Q: Novak Corporation issues $570,000 of 9% bonds that are due in 8 years and pay interest…
A: Issue price of bond. Interest x PVAF (r,n) + Principal x PVAF (r,n) Where, r = 8%/2 = 4% or 0.04 n =…
Q: Crossfire Company segments its business into two regions—East and West. The company prepared a…
A: In the context of the given question, we are required to prepare a new segmented income statement…
Q: Cash Budget Activity Cash Receipts Less: Cash Disbursements Net: Cash Flow Add: Beginning Cash…
A: Cash Receipts is the inflow of Cash whereas Cash disbursements is the outflow of Cash. Ending Cash…
Q: ick correct one Which of the following statements is true? A. Realized gain and recognized gain…
A: If boot is received in a like kind exchange the recognized gain cannot exceed the realized gain is a…
Q: OBJ. 3 PR 13-1B Dividends on preferred and common stock Yosemite Bike Corp. manufactures mountain…
A: Dividend - Dividend is the amount given by the company from the profit earned by them to the…
Q: A new punching machine will cost $4,246. At the end of its 10 years useful life, the machine can be…
A: Answer:- Present value meaning:- The current value of a future sum of money or cash flows at a…
Q: Define the term ‘working capital’ and explain usefulness of working capital to an organisation.
A: Since you have posted two different questions we will do the first one for you. To get the other…
Q: During 2004, Bell Corporation constructed assets costing P750,000. The weighted-average accumulated…
A: Introduction: A note payable is a promissory note in writing. Under this agreement, a borrower…
Q: 14. The definitely-not-Russian Olympic team committee manufactures clean urine samples for their…
A: Cost of Goods Manufactured (COGM) :— It is the total cost of manufacturing product during the…
Q: Required: 1. Present all journal entries to be prepared, in proper format, on July 1,…
A: SOLUTION IN THE BOOKS OF STEELIX CORPORATION
Q: nding direct materials inventory $10,000 Beginning WIP inventory…
A: Direct material inventory is an asset account. Work in progress inventory is inventory which is…
Q: The portion of FICA taxes designated as Medicare is paid by a.employees only. b.the employer and the…
A: FICA is a U.S. federal payroll tax. FICA stands for The Federal Insurance Contributions Act.
Q: (c) Khetos Mobile Sdn. Bhd have summarized 2021 activity in the Cash account as follows: Beginning…
A: "Since you have asked multiple questions, we will solve first question for you. If you want any…
Q: Given: Fixed Expenses Rent PhP40,023 Salaries…
A: Break-even point: Breakeven is the point where total expenses are equal to total sales. Break-even…
Q: Another new freezer is required by a mini-mart, and the first expenditure will be $300,000.…
A: Accounting rate of return = Incremental incomeInvestmentIncremental income = Incremental revenues…
Q: Farrow Co. expects to sell 300,000 units of its product in the next period with the following…
A: Incremental income is the monetary gain or loss that results from a specific administrative…
Q: Pro-Craft Company computed the following activity rates to allocate overhead cost for the year.…
A: Activity-based costing is used to distribute the overhead. This method is used to allocate the…
Q: Garand Company had a predetermined overhead rate of $6.00 per direct labor hour. Budgeted overhead…
A: Overhead cost is applied using the predetermined overhead rate. Predetermined overhead rate is…
Q: 1 2 3 Transaction Redeemed debentures by issuing ordinary shares Purchased inventory on credit Sold…
A: Since the question contains multiple independent transactions, we will do the first three…
Q: 2018 and a balance sheet as o (Answ Gross profit: 20. Selvam does not keep his t prepare trading and…
A: In single entry system of accounts, when opening capital is not given, then opening balance sheet is…
Q: Cash Budget Activity Cash Receipts Less: Cash Disbursements Net: Cash Flow Add: Beginning Cash…
A: Cash receipts are the inflow of cash and Cash disbursement are the outflow of cash. The question…
Q: 3. Data for Pantok Corporation are shown below: Selling price......... Variable expenses...…
A: Contribution takes into consideration only variable expenses while profit considers both variable…
Q: Aces Incorporated, a manufacturer of tennis rackets, began operations this year. The company…
A: The full costing method that consider the production related fixed overhead in the income statement…
Q: ompany as we know produces two (2) products, GK320 and GK340. The following sales forecast for both…
A: The principal budget factor refers to the form of factor that limits or restricts the activities of…
Q: Prepare a 2020 income statement for Crane Corporation based on the following information: Cost of…
A: Introduction: An income statement is a financial statement that shows the income as well as expenses…
Q: What value should be assigned to the tract of land? $Answer What value should be assigned to the…
A: Cost assignment refers to the process which is used by the company to allocate the cost of product…
Q: During the year, Graham International made the following expenditures relating to plant, machinery,…
A: The costs that are expensed for regular repairs and maintenance during a particular period are…
Step by step
Solved in 2 steps
- A firm that manufactures paper is considering a project to set up a logging operation. Wood pulp generated by the project - normally an unwanted by-product of a logging operation - is an input to the paper manufacturing process. This will save the company $340,000 in wood pulp purchases, but it will cost $50,000 more to transport the wood pulp to the paper factory than it would cost to dump it as waste. How would you describe this situation in terms of the NPV analysis for the logging operation? Question 2Answer a. There is a positive externality equal to $290,000 which should be included in the NPV analysis. b. There is a positive externality equal to $340,000 which should be included in the NPV analysis. c. There is a negative externality equal to $290,000 which should be included in the NPV analysis. d. There is a negative externality equal to $340,000 which should be included in the NPV analysis.Susan Whitehead serves on the city planning commission. The city is planning to build a new subway system, and Susan's brother-in-law, Jerry, who owns the Custom Transportation Co., has submitted the lowest bid for the system. Susan knows that Jerry could complete the job for the estimated amount, but she also knows that once Jerry completes this job, he will probably sell his company and quit working. Susan is concerned that Custom subsequent management might not be as easy to work with if revisions need to be made on the subway system after its completion. She is torn as to whether she should tell the city about the potential changes in Custom Transportation's management. If the city knew about the instability of Custom, it might prefer to give the contract to one of Jerry's competitors, whose bid was only slightly higher than Jerry's. Does Susan have an ethical obligation to disclose the information about Jerry to the city planning commission? Discuss fully.Suppose that a surfboard designer owns a building and is renting part of the building's space to a library. Further suppose that because the surfboard designer is the owner, he has the right to make noise during the day while he sands the boards. While the library cannot insist on a quiet environment, it could move to a quieter building. However, rent in the next best building is $350/month more than rent in the noisy building. The surfboard designer can adopt a new technology that eliminates the noise for $275/month. Given this situation, can the library find a private solution with the surfboard designer that will make both better off? What is the minimum and maximum payment the library would make to the surfboard designer to get it to install the noise-reducing equipment? NOTE: Round your answers to the nearest dollar.
- The Novak Inc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its market share in the Sunbelt. In order to do so, Novak has decided to locate a new factory in the Panama City area. Novak will either buy or lease a site depending upon which is more advantageous. The site location committee has narrowed down the available sites to the following three very similar buildings that will meet their needs.Building A: Purchase for a cash price of $618,100, useful life 26 years.Building B: Lease for 26 years with annual lease payments of $70,340 being made at the beginning of the year.Building C: Purchase for $653,200 cash. This building is larger than needed; however, the excess space can be sublet for 26 years at a net annual rental of $6,540. Rental payments will be received at the end of each year. The Novak Inc. has no aversion to being a landlord.The Sweet Inc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its market share in the Sunbelt. In order to do so, Sweet has decided to locate a new factory in the Panama City area. Sweet will either buy or lease a site depending upon which is more advantageous. The site location committee has narrowed down the available sites to the following three very similar buildings that will meet their needs.Building A: Purchase for a cash price of $ 615,800, useful life 28 years.Building B: Lease for 28 years with annual lease payments of $ 71,850 being made at the beginning of the year.Building C: Purchase for $ 655,900 cash. This building is larger than needed; however, the excess space can be sublet for 28 years at a net annual rental of $ 6,850. Rental payments will be received at the end of each year. The Sweet Inc. has no aversion to being a landlord.What is the Net Present Value for each alternative. In which building would you recommend…The Buffalo Inc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its market share in the Sunbelt. In order to do so, Buffalo has decided to locate a new factory in the Panama City area. Buffalo will either buy or lease a site depending upon which is more advantageous. The site location committee has narrowed down the available sites to the following three very similar buildings that will meet their needs.Building A: Purchase for a cash price of $618,300, useful life 27 years.Building B: Lease for 27 years with annual lease payments of $71,360 being made at the beginning of the year.Building C: Purchase for $651,500 cash. This building is larger than needed; however, the excess space can be sublet for 27 years at a net annual rental of $6,090. Rental payments will be received at the end of each year. The Buffalo Inc. has no aversion to being a landlord.In which building would you recommend that The Buffalo Inc. locate, assuming a 11% cost of…
- The Bridgeport Inc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its market share in the Sunbelt. In order to do so, Bridgeport has decided to locate a new factory in the Panama City area. Bridgeport will either buy or lease a site depending upon which is more advantageous. The site location committee has narrowed down the available sites to the following three very similar buildings that will meet their needs.Building A: Purchase for a cash price of $ 615,000, useful life 28 years.Building B: Lease for 28 years with annual lease payments of $ 71,570 being made at the beginning of the year.Building C: Purchase for $ 659,900 cash. This building is larger than needed; however, the excess space can be sublet for 28 years at a net annual rental of $ 6,870. Rental payments will be received at the end of each year. The Bridgeport Inc. has no aversion to being a landlord.Click here to view factor tablesIn which building would you recommend…The Bridgeport Inc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its market share in the Sunbelt. In order to do so, Bridgeport has decided to locate a new factory in the Panama City area. Bridgeport will either buy or lease a site depending upon which is more advantageous. The site location committee has narrowed down the available sites to the following three very similar buildings that will meet their needs.Building A: Purchase for a cash price of $ 615,000, useful life 28 years.Building B: Lease for 28 years with annual lease payments of $ 71,570 being made at the beginning of the year.Building C: Purchase for $ 659,900 cash. This building is larger than needed; however, the excess space can be sublet for 28 years at a net annual rental of $ 6,870. Rental payments will be received at the end of each year. The Bridgeport Inc. has no aversion to being a landlord.Click here to view factor tablesIn which building would you recommend…The Sandhill Inc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its market share in the Sunbelt. In order to do so, Sandhill has decided to locate a new factory in the Panama City area. Sandhill will either buy or lease a site depending upon which is more advantageous. The site location committee has narrowed down the available sites to the following three very similar buildings that will meet their needs.Building A: Purchase for a cash price of $612,300, useful life 26 years.Building B: Lease for 26 years with annual lease payments of $70,170 being made at the beginning of the year.Building C: Purchase for $652,900 cash. This building is larger than needed; however, the excess space can be sublet for 26 years at a net annual rental of $6,430. Rental payments will be received at the end of each year. The Sandhill Inc. has no aversion to being a landlord.Click here to view factor tablesIn which building would you recommend that The Sandhill…
- The Monty Inc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its market share in the Sunbelt. In order to do so, Monty has decided to locate a new factory in the Panama City area. Monty will either buy or lease a site depending upon which is more advantageous. The site location committee has narrowed down the available sites to the following three very similar buildings that will meet their needs.Building A: Purchase for a cash price of $617,900, useful life 27 years.Building B: Lease for 27 years with annual lease payments of $70,330 being made at the beginning of the year.Building C: Purchase for $655,700 cash. This building is larger than needed; however, the excess space can be sublet for 27 years at a net annual rental of $6,700. Rental payments will be received at the end of each year. The Monty Inc. has no aversion to being a landlord.In which building would you recommend that The Monty Inc. locate, assuming a 12% cost of funds?…The Marigold Inc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its market share in the Sunbelt. In order to do so, Marigold has decided to locate a new factory in the Panama City area. Marigold will either buy or lease a site depending upon which is more advantageous. The site location committee has narrowed down the available sites to the following three very similar buildings that will meet their needs.Building A: Purchase for a cash price of $611,000, useful life 25 years.Building B: Lease for 25 years with annual lease payments of $71,370 being made at the beginning of the year.Building C: Purchase for $657,400 cash. This building is larger than needed; however, the excess space can be sublet for 25 years at a net annual rental of $6,800. Rental payments will be received at the end of each year. The Marigold Inc. has no aversion to being a landlord. In which building would you recommend that The Marigold Inc. locate, assuming a 12%…A plastic-manufacturing company owns and operates a polypropylene-production facility that converts the propylene from one of its cracking facilities to polypropylene plastics for outside sale. The polypropylene-production facility is currently forced to operate at less than capacity due to lack of enough propylene-production capacity in its hydrocarbon-cracking facility. The chemical engineers are considering alternatives for supplying additional propylene to the polypropylene productionfacility. Some of the feasible alternatives are as follows:Option 1: Build a pipeline to the nearest outs.ide supply source.Option 2: Provide additional propylene by truck from an outside source.The engineers also gathered the following projected cost estimates:Hi Future costs for purchased propylene, excluding delivery: $0.215 per lb1. Cost of pipeline construction: $200,000 per pipeline mile2. Estimated length of pipeline: 180 miles3. Transportation costs by tank truck: $0.05 per lb, using a common…