SCENARIO ANALYSIS Huang Industries is considering a proposed project whose estimated NPV is $12 million. This estimate assumes that economic conditions will be “average.” However, the CFO realizes that conditions could be better or worse, so she performed a scenario analysis and obtained these results:   Economic Scenario Probability of Outcome NPV Recession 0.05 ($70 million) Below average 0.20 (25 million) Average 0.50 12 million Above average 0.20 20 million Boom 0.05 30 million   Calculate the project’s expected NPV, standard deviation, and coefficient of variation.

Q: Accept Business at Special Price Product A is normally sold for $9.60 per unit. A special price of $...

A: Differential analysis, also regarded as incremental analysis, which is the technique of management a...

Q: what is the reason of budgetary reforms in Malaysia?

A: Budget reform had been on the Malaysian government agenda for over two decades. The first major effo...

Q: Brinker except all major bank credit cards, including first savings banks, which assesses a 4% charg...

A: Journal Entry:   Journal entry has two effects for every transaction. The journal entry is passed by...

Q: The cash account of the Malpractice Medical Company at May 31, 2019 is $35,670. The bank statement i...

A: Bank reconciliation statement is prepared by almost every organization at a particular time. It is a...

Q: The Break-even point in peso sales for ABC Company is Php360,000 andthe Company's contribution margi...

A: Cost Volume Profit Analysis (CVP Analysis): This analysis is helpful in determining that how any typ...

Q: PA4. LO 8.5 Prepare a trial balance using the journal entries in the Problem PA3.

A: It refers to the summary of all ledger account closing balances(both credit and debit). 

Q: A company sells goods for $150,000 that cost $54,000 to manufacture. Which of the following statemen...

A: Cost accounting is the branch of accounting that inspects the cost structure of a business. This bra...

Q: MC distributes sun umbrella for resort hotels. Data concerning next month’s budget appears below: S...

A: Margin of safety is the difference between the amount of expected profitability and the break-even p...

Q: Problem 2 of 2 Review the following transactions, and prepare any necessary journal entries for Juni...

A: Journal is a book where all the entries has been recorded in chronological order. When ever any adva...

Q: Tano Company issues bonds with a par value of $91,000 on January 1, 2019. The bonds’ annual contract...

A: Bond Issued at Par:- When the company issued bonds at the face value of the security is known as the...

Q: Find the net pay for each of the following employees after FICA, Medicare, federal withholding tax, ...

A: Net pay = Gross pay - Total deduction.

Q: How does becoming a social entrepreneur give value to accountancy?

A: The entrepreneur at the time of launching the service or product has to comply the accounting polici...

Q: Last year, variable expenses were 60% of total sales and fixed expenses were 10% of total sales, If ...

A: The contribution margin can be expressed on a net or per-unit premise. It speaks to the incremental ...

Q: When Lowes Home Improvements sells a new $223 air compressor to a customer, the sale is subDject to ...

A: 223

Q: Percent of Sales Method At the end of the current year, Accounts Receivable has a balance of $665,00...

A: Estimated uncollectible accounts = Sales x 3/4 of 1% = $2,990,000 x 3/4% = $22,425

Q: When Lowes Home Improvements sells a new $223 air compressor to a customer, the sale is subject to a...

A: Interest expense is a non-operating expense shown on the income statement. It represents interest pa...

Q: please help me to answer this questions..

A: Separation of duties (SoD; also known as Segregation of Duties) is the concept of having more than o...

Q: The balance in the supplies account before adjustment at the end of the year is $897. The proper adj...

A: Concept Supplies are assets bought by assets ,once supplies are used they are recorded as expense. A...

Q: Which of the following does not accurately represent the accounting equation?A. Assets Liabilities =...

A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for yo...

Q: Apr. 15. Received $800 from Jean Tooley and wrote off the remainder owed of $1,200 as uncollectible....

A: Under direct write off method, bad debts expense is debited and accounts receivables is immediately ...

Q: Grant Corp. has elected to use the fair value option for long-term notes it issues to finance portio...

A: Long term notes are long term liabilities of a company that company that company needs to raise to f...

Q: On June 1, 2003, the Luttman and Dowd Company sold inventory to the Ushman Corporation for $400,000....

A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new ques...

Q: The following data were extracted from the income statement of Martin Solutions, Inc.:   Year 2 Y...

A: The Numerical has covered the concept of Ratio Analysis.  Day Sales Inventory is the average number ...

Q: Comparative financial statements for Weller Corporation, a merchandising company, for the year endin...

A: Account Receivable Turnover Ratio shows the relationship between Net credit sales and average Accoun...

Q: The board of directors of Tamarisk, Inc. declared a cash dividend of $1.95 per share on 33000 shares...

A: Answer: debit to dividends playable 

Q: Accounts Payable and Cash Disbursement Lissa describes as follows of how she handles the cash paymen...

A: The following transactions are related to the purchase requisition of inventory by SESB and the disb...

Q: Dristell Inc. had the following activities during the year (all transactions are for cash unless sta...

A: Cash flow from investing activities is a part of cash flow statement. This section deals with the in...

Q: Consider a piece of property, plant, and equipment (PP&E) that costs $50,000, with an estimated ...

A: Given that,  Costs = $50,000 salvage value =  $ 5,000 Estimated life = 5 years  

Q: A $375,000 bond issue on which there is an unamortized discount of $40,000 is redeemed for $320,000....

A: Bonds: Bonds are long-term promissory notes that are issued by a company while borrowing money from...

Q: WHERE DOES A CASH PURCHASE FALLS ON THE CASH BUDGET

A: A cash budget is a tool that indicates the amount of available cash is appropriate or not for the op...

Q: Cash and accounts receivable for Ashfall Co. are provided below.   Current Year   Prior Year Ca...

A: Dollar change = Current Year amount - Prior Year amount Percent change = (Current Year amount - Prio...

Q: G & J Merchandising & More is a family-owned auto-parts store. You are the management accoun...

A:

Q: Direct Materials Variances 1.-Bellingham Company produces a product that requires 14 standard pounds...

A: Standard cost means the cost which is to be incurred as per estimate already done. Actual cost means...

Q: G & J Merchandising & More is a family-owned auto-parts store. You are the managementaccount...

A: Account receivable: It is the balance payment to be received from the customers to whom we have sold...

Q: Please see the attached image to understand the question since i could not type it here easily.

A: The following calculations are done in the records of Lazari Incorporation at the end of the year 20...

Q: Miguel Corporation budgets fixed expenses of Php250,000: variableexpenses of Php180,000 and a sale o...

A: Variable cost per unit = Php180,000 / 15,000 units = Php12 Contribution margin per unit = Php28 - Ph...

Q: 1.PREPARE THE POST CLOSING TRIAL BALANCE ACCOUNTT TITLE DEBIT CREDIT account payable 60,000 Account ...

A: Post closing trial balance means where all the nominal accounts has been closed out and net profit o...

Q: 1. Which of the following accounts could appear in an adjusting entry, closing entry and reversing e...

A: Hey there since you have posted multiple questions, we can answer only first  question for you, plea...

Q: On January 1, 2021, for $18 million, Monument Company purchased 10 year, 10% bonds, dated January 1,...

A: Semiannually interest receipt = Face value of bonds x rate of interest x 6/12 months = $20,000,000 x...

Q: Blossom Corporation began business in 2020 by issuing 96000 shares of $5 par common stock for $8 per...

A: Answer: Common stock of $480000

Q: If answered within 30mins,it would be appreciable!! Track Corporation, a calendar year, accrual bas...

A: Taxable Income: The amount of adjusted gross income that is liable to be taxed is known as taxable i...

Q: What is the gain on extinguishment of the note payable?

A: option b is the answer.

Q: Differentiate between centralized and decentralized operations. Differentiate between a profit cente...

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question s...

Q: On a 36-day basis, ir payment is made on the twentieth day under trade credit turms of 2/10, net 30....

A: Liability: Liability is an obligation of any business. It is an amount borrowed by a business from a...

Q: Which of the following is not a reason standard costs are separated into two components? a.Identi...

A: Standard cost: In the accounting records, the term standard cost refers to the practice of replacem...

Q: Last year, variable expenses were 60% of total sales and fixed expenseswere 10% of total sales, If t...

A: Contribution Margin   It represents the excess of sales over its variable cost. It judges whether th...

Q: The Dotson Company began business on January 1, 2016. During the year, the company paid $120,000 for...

A: Production cost includes material cost, labor cost and manufacturing overhead. By dividing productio...

Q: P11-3B On December 31, 2013, Peabody Company had 820,000 shares of $10 par common stock issued and o...

A: Financial statement: Financial statements are organized summaries of detailed information about the ...

Production Budget

A budget can be defined as a financial plan designed by an undertaking for a definite period in the future that can contribute towards enhancing the financial success of the business undertaking. It is used to estimate the revenue and expenses. The budget generally takes into account both current and future income and expenses.