Questions
a company reports the following information for the current year. all beginning inventory amounts =$0 this...

a company reports the following information for the current year. all beginning inventory amounts =$0 this year.

unites produced this year 43,000 units, units sold this year 25,800, direct materials 27, direct labor 29 variable overheard 129,000 fixed overheard $215,000.

units sold this year 25,800. Given the data, and the knowledge that the product is sold for $83 per unit and operating expenses are $380,000, compute the net income under absorption and variable costing?

In: Accounting

Ayden's Toys, Inc., just purchased a $474,000 machine to produce toy cars. The machine will be...

Ayden's Toys, Inc., just purchased a $474,000 machine to produce toy cars. The machine will be fully depreciated by the straight-line method over its six-year economic life. Each toy sells for $27. The variable cost per toy is $12, and the firm incurs fixed costs of $281,000 each year. The corporate tax rate for the company is 35 percent. The appropriate discount rate is 11 percent. What is the financial break-even point for the project?

In: Finance

Jimstan & Jimstan Corp. can sell a new 10-year bond with an annual coupon of 5.5%...

Jimstan & Jimstan Corp. can sell a new 10-year bond with an annual coupon of 5.5% and a face value of $1,000 for $1,206.33. The company will incur flotation costs of $40 per bond and has a tax rate of 27%.

Part 1

What are the net proceeds from selling the bond?

Nd=P−F=1,206.33−40=Nd=P-F=1,206.33-40= 1,166.33 Correct ✓

Part 2

What is the company's pre-tax cost of debt?

In: Finance

Consider the following transactions for Huskies Insurance Company: a. Equipment costing $40,800 is purchased at the...

Consider the following transactions for Huskies Insurance Company:

a. Equipment costing $40,800 is purchased at the beginning of the year for cash. Depreciation on the equipment is $6,800 per year.

b. On June 30, the company lends its chief financial officer $48,000; principal and interest at 5% are due in one year.

c. On October 1, the company receives $15,200 from a customer for a one-year property insurance policy. Deferred Revenue is credited.

In: Accounting

Consider a sealed-bid auction in which the seller draws one of the N bids at random....

Consider a sealed-bid auction in which the seller draws one of the N bids at random. The buyer whose bid was drawn wins the auction and pays the amount bid. Assume that buyer valuations follow a uniform(0,1) distribution.

1. What is the symmetric equilibrium bidding strategy b(v)?

2.What is the seller’s expected revenue?

3.Why doesn’t this auction pay the seller the same revenue as the four standard auctions? That is, why doesn’t the revenue equivalence theorem apply here? Be specific.

In: Economics

A particular city’s accounting system is organized and operated on a fund basis. Among the types...

A particular city’s accounting system is organized and operated on a fund basis. Among the types of funds used are a general fund, a special revenue fund, and an enterprise fund.

Required for Initial Discussion Post:

Explain the basic differences in revenue recognition between the accrual basis of accounting and the modified accrual basis of accounting in relation to governmental accounting. What basis of accounting should be used for each of the following funds: (1) general fund, (2) special revenue fund, and (3) enterprise fund?

In: Accounting

1. Please explain what accrued expenses are and let us know why these adjustments are necessary....

1. Please explain what accrued expenses are and let us know why these adjustments are necessary. Please provide an example of an adjusting entry for an accrued expense.

2. Please explain what accrued revenues are and let us know why these adjustments are necessary. Please provide an example of an adjusting entry for accrued revenues.

3. Please explain what an Unearned Revenue account is and why an adjustment may be necessary for Unearned Revenue. Please provide an example of an adjusting entry for Unearned Revenue.

In: Accounting

Please read case and answer the questions thank you. Pinterest is a rapidly growing social network...

Please read case and answer the questions thank you.

Pinterest is a rapidly growing social network that allows users to “pin” pictures to their ownonline board, creating a kind of highly interactive and social online magazine or scrapbook. There are a variety of categories of boards, including gifts, animals,art, cars, and food. As one of the fastest growing sites in the history of the Web,Pinterest has quickly caught the eye of marketers in industries that lendthemselves to pictorial representation of their products. In 2012, the site had10,000 users, and now has over 150 million users in 2016.Currently, 80% of Pinterest users are women, making it an excellent marketing platform for women’s fashion and beauty retailers. One of the foremost amongthese retailers is Sephora, a beauty retailer with over 300 stores in North Americaand operations in 27 different countries around the world. Founded in Paris in1970, Sephora is a highly regarded global brand with a healthy social media presence on many platforms, including Facebook andTwitter as well as Pinterest. Sephora’s social media objectives are different ondifferent platforms, and the company values each one. But Sephora is devoting more attention than ever to itsPinterest presence because of the heightened engagement of users on thePinterest platform.Pinterest users are specifically interested in pinning items that interest them and which they might want to buy, whether they’re ready to purchase immediately orsometime in the future. For this reason, Sephora has seen a much greater engagement level from its fan base on Pinterest than on any other platform.Sephora’s Pinterest page consists of a variety of boards, many of which display different products in Sephora’s catalog, categorized by type. Boards include Makeup of the Day, Today’s Obsession, Lips, Eyes, Trending Now, Skincare IQ, Beauty How-tos, and a host of others. Not every board displays beauty productsand fashion trends – there are also lists for Quotes, Recipes, and Gifts for Him.The interactivity of the Pinterest platform is a two-way relationship for Sephora and its customers. Individual Pinterest users can pin favorite products from Sephora’s page, and Sephora can also pin photos of users trying out its products.For example, the Makeup of the Day board consists of user-submitted photosshowcasing different Sephora makeup products, submitted at Sephora.com’s message board. The company actively engages with users, encouraging them to try out different products and looks, and keeping track of which items in itscatalog are more frequently repinned. Sephora is also on the lookout for‘trendsetters’ – people whose Pinterest activity most influences other Sephorafans. Although Sephora’s Facebook audience is many times larger than its Pinterest audience (currently 15 million versus around 475,000 on Pinterest), the company reports that, at the time of the video, each Pinterest follower has fifteen times the salesimpact of one Facebook follower. For Sephora, the engagement level of the Pinterest platform and the emphasis on reaching highly interested potential customers is paying off.

1.What were some of the trends noted in the video that initially tipped Sephora off to the potential of Pinterest?

2. How did Sephora integrate Pinterest into its e-commerce presence?

3. What aspect of Pinterest does Bridget Dolan, VP of Interactive Media at Sephora, note that she finds the mostfascinating?

4.What are some of the keys to launching a successful Pinterest marketing campaign?

5. Why is Pinterest an idealmarketing platform for a company like Sephora?

6.What are some other examples of industries well suited to Pinterest marketing campaigns?

In: Operations Management

1) Babcock and Marks (2010) reviewed survey data from 2003–2005, and obtained an average of μ...

1) Babcock and Marks (2010) reviewed survey data from 2003–2005, and obtained an average of μ = 14 per week spent studying by full-time students at four-year colleges in the United States. To determine whether this average has changed in recent years, a researcher selected a sample of n = 64 of today’s college students and obtained an average of M = 12.5 hours . If the standard deviation for the distribution is σ = 4.8 per week, does this sample indicate a significant change in the number of hours spent studying? Use a two-tailed test with α = .05. Report Cohen’s d to indicate the size of the effect if necessary. Step 1,2,3,4,5,6

In: Statistics and Probability

1) Babcock and Marks (2010) reviewed survey data from 2003–2005, and obtained an average of μ...

1) Babcock and Marks (2010) reviewed survey data from 2003–2005, and obtained an average of μ = 14 per week spent studying by full-time students at four-year colleges in the United States. To determine whether this average has changed in recent years, a researcher selected a sample of n = 64 of today’s college students and obtained an average of M = 12.5 hours . If the standard deviation for the distribution is σ = 4.8 per week, does this sample indicate a significant change in the number of hours spent studying? Use a two-tailed test with α = .05. Report Cohen’s d to indicate the size of the effect if necessary. Step 1,2,3,4,5,6

In: Statistics and Probability