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 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$) at the current spot rate S(¥/AU$)=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 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 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
In: Advanced Math
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 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 cycle? Why, or why not?
|
Company |
Industry |
|
|
15 |
13 |
|
18 |
21 |
|
51445 |
46488 |
|
1281 |
2402 |
|
40.16 |
19.35 |
|
9.08 |
18.86 |
|
23.91 |
15.14 |
In: Accounting
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