Questions
ServicePro provides two kinds of services. During the most recent accounting period, the two service lines...

ServicePro provides two kinds of services. During the most recent accounting period, the two service lines produced the following operating results:

Service 1 Service 2
Service revenue $ 135,000 $ 55,000
Unit-level materials $ (31,000 ) $ (13,000 )
Unit-level labor $ (41,000 ) $ (25,000 )
Product-level selling & administrative costs $ (21,000 ) $ (14,500 )
Company wide facility-level costs $ (6,000 ) $ (6,000 )
Net income (loss) $ 36,000 $ (3,500 )

If the company stops providing Service 2:

In: Accounting

Sell us a real estate investment in a country of your choice (Not U.S). Include economic...

Sell us a real estate investment in a country of your choice (Not U.S). Include economic and financial data factors such as GDP, inflation, interest rates, employment, the political climate, national debt burdens among other relevant variables and write about why they're important in your chosen country's specific context. Be mindful that the data available may not be as robust and frequent as American data. Provide estimates on what kind of investment we will make, costs, revenue and cap rate.

In: Economics

Henry borrows ¥100,000 at an interest rate i¥=1.5%; converts it into Australian dollars(AU$) at the current...

Henry borrows ¥100,000 at an interest rate i¥=1.5%; converts it into Australian dollars(AU$) at the current spot rate S(¥/AU$)=80; deposits the funds in a Australian savings account for a year at interest rate iAU$=7.5%. At the end of year, Henry converts his revenue in back into funding currency at the spot rate S1(¥/AU$). If the spot rate is S1(¥/AU$)=75, Henry’s net profit/loss is

a. - ¥13166.67

b. - ¥718.75

c. ¥13166.67

d. ¥718.75

e. ¥781.25

In: Finance

"A local delivery company has purchased a delivery truck for $22,000. The truck will be depreciated...

"A local delivery company has purchased a delivery truck for $22,000. The truck will be depreciated under MACRS as a five-year property. The trucks market value (salvage value) is expected to decrease by $2,000 per year. It is expected that the purchase of the truck will increase its revenue by $11,000 annually. The O&M costs are expected to be $4,800 per year. The firm is in the 40% tax bracket, and its MARR is 13.7%. If the company plans to keep the truck only two years, what is the net present worth?"

In: Economics

Suppose the Federal Reserve auctions $100 million of 10-year notes. The competitive bids are A: $40...

Suppose the Federal Reserve auctions $100 million of 10-year notes. The competitive bids are A: $40 million at 4.6%; B: $20 million at 4.7%; C: $40 million at 4.8%, where the yields above are quoted on a bond equivalent basis (BEY). Noncompetitive offers total $2 million. Calculate coupon rate, sale price (for $100,000 of maturity value), and total revenue for the Treasury. (The coupon rate is set by approximating the stop-out yield to the lower 8th of a percentage point)

In: Finance

a company sells eyeglasses. The company incurs a one-time fixed cost for $250,000. Each eyeglasses costs...

a company sells eyeglasses. The company incurs a one-time fixed cost for $250,000. Each eyeglasses costs $140 to produce, and sells for $160.
a. Find the cost function, C, to produce x eyeglasses, in dollars.
b. Find the revenue function, R, from the sales of x eyeglasses, in dollars.
c. Find the break-even point, the point of intersection of the two graphs C and R.
d. What does the break even point mean?
e. Is this a lucrative way to earn money? explain.

In: Advanced Math

Labour As A Resource Market Questions 1. Explain the difference between direct demand and derived demand....

Labour As A Resource Market

Questions

1. Explain the difference between direct demand and derived demand.

2. Why would a firm seek to equate its marginal revenue product of labour (MRPL) with the market wage rate?

3. Explain what the term productivity means and why an improvement in productivity shifts the demand curve for labour.

4. What is the opportunity cost of someone offering his or her labour skills in the workplace?

5. Summarize the factors that can influence the labour supply curve.

In: Economics

Suppose the Federal Reserve auctions $100 million of 10-year notes. The competitive bids are A: $40...

Suppose the Federal Reserve auctions $100 million of 10-year notes. The competitive bids are A: $40 million at 4.6%, B: $20 million at 4.7%; C: $40 million at 4.8%, where the yields above are quoted on a bond equivalent basis (BEY). Noncompetitive offer total $2 million. Calculate coupon rate, sale price (for $100,000 of maturity value), and total revenue for the Treasury. (The coupon rate is set by approximating the stop-out yield to the lower 8th of a percentage point.)

In: Finance

Based on this information can this company manage both the accounts payable period and the cash...

Based on this information can this company manage both the accounts payable period and the cash cycle? Why, or why not?

Company

Industry

  1. Receivables Turnover (Days)

15

13

  1. Inventory Turnover (Days)

18

21

  1. Cost of Goods Sold (COGS)
    or Cost of Revenue in $

51445

46488

  1. Accounts Payable (AP) in $

1281

2402

  1. Payables Turnover  (Pay TO)                  = COGS / AP

40.16

19.35

  1. Days Payables (DP)  = 365 / Pay TO

9.08

18.86

  1. Cash Cycle = 1 + 2 - 6

23.91

15.14

In: Accounting

Big 4 Sporting Goods sold $1,000,000 of products in March 2019 to retail customers in San...

Big 4 Sporting Goods sold $1,000,000 of products in March 2019 to retail customers in San Diego. San Diego imposes an 8.0% sales tax. Customers returned $50,000 of items during March 2019. Big 4 paid the sales tax due for March on April 5. Show the entries in the T accounts below (ignore the allowance method of accounting for sales returns.) Cash Sales Revenue Sales Tax Payable Sales Tax Expense Sales Returns Accounts Receivable

In: Accounting