Copy and paste, or type, the following into cells A1:D5 of an Excel spreadsheet:
| Input data | |||
| fixed cost | 16,000 | Units | 1,050 |
| variable cost per unit | 4.75 | revenue | =D2*B4 |
| sell price per unit | 6.5 | expenses | =B2+(B3*D2) |
| profit | =D3-D4 |
Use Excel's Goal Seek to answer the following question. Assuming that demand is fixed at 1,050 units, what is the sell price per unit that results in break even?
Enter only the numerical solution. Do
In: Statistics and Probability
Need the below sheet for Apple Inc as per Yahoo financial Statement for year 2017
| Per the Financial Statements | ||
| Current Year Assets | ||
| Quick Assets | ||
| Total Assets | ||
| Current Liabilities | ||
| Long-term Liabilities | ||
| Total Stockholders' Equity | ||
| Net Sales (Revenue) | ||
| Cost of Sales (Revenues) | ||
| Net Income | ||
| Paid-in-Capital | ||
| Per the Yahoo Finance Sections | ||
| EPS | ||
| Debt to Equity Ratio | ||
| Shares Outstanding | ||
| Return on Assets | ||
| Return on Equity | ||
Apple Financial Statement:
https://finance.yahoo.com/quote/AAPL/financials?p=AAPL
In: Accounting
Please, I need full explanation and correct answers. Thank you.
1) What characteristics distinguish capital assets from inventory?
2) What does it mean when a capital asset (such as equipment) is impaired?
3) For each type of business, explain how the capital asset (PP&E) contributes to generating revenue by the business:
|
Business |
Type of Asset |
|
Lawn care |
Lawn mower |
|
Jewellery store |
Zamboni |
|
Arena |
Display cases |
|
Doctors office |
Waiting room furniture |
|
Auto parts manufacturer |
Warehouse |
In: Accounting
Think up a company you would like to start. Then, choose an organizational type. Assume the company will start on January 1st, 2020. Create 10 transactions for the year 2020. Please make sure you use entries which affect equity, revenue, expenses, assets and liabilities. You can draw the "T" accounts or you can describe the affect of the transactions on the financial statement. Then, show the income statement, the balance sheet and the statement of equity for the year ending 12/31/2020.
Any company or organization is fine!
In: Accounting
Select the appropriate elements of the SFP from the given accounts.
SINGLE-STEP APPROACH OR MULTI-STEP APPROACH
1. Net Sales
2. Net Purchases
3. Depreciation and Amortization
4. General and Administrative Expense
5. Rent Expense
6. Cost of Sales
7. Bad Debts Expense
8. Selling Expense
9. Advertising Expense
10. Utilities Expense
11. Salaries Expense
12. Interest Income
13. Merchandise Inventory
14. Gain from the Sale of PPE
15. Service Revenue
In: Accounting
Which of the following statements concerning bonds is (are) correct? :I. Municipal bonds have lower yields than Treasury bonds. :II. Low coupon bonds have higher yields than high coupon bonds. :III. General obligation bonds yield more than revenue bonds. :IV. Initially, callable bonds have higher yields than noncallable bonds.
| a. |
I and III only |
|
| b. |
I and IV only |
|
| c. |
I, III and IV only |
|
| d. |
II and IV only |
In: Finance
XYZ Corporation began operations on January 1, 2019. The following information is available for XYZ Corporation on December 31, 2019.
|
Accounts receivable |
1,800 |
Common stock |
10,000 |
Supplies |
4,000 |
|
Accounts payable |
2,000 |
Retained earnings |
? |
Supplies expense |
200 |
|
Rental expense |
9,000 |
Equipment |
16,000 |
Cash |
1,400 |
|
Notes payable |
5,000 |
Insurance expense |
1,000 |
Dividends |
600 |
|
Service revenue |
17,000 |
Instructions
Prepare an (1) income statement, (2) a retained earnings statement, and (3) a balance sheet using this information.
In: Accounting
|
Account |
Definition |
Normal Balance |
|
|
Liability |
Accounts Payable |
Amounts the business owes to a creditor, resulting from an oral or implied promise to pay at some future date |
Credit |
|
Accounts Receivable |
|||
|
Accrued Expenses |
|||
|
Accrued Interest Receivable |
|||
|
Accrued Utilities |
|||
|
Accrued Wages Payable |
|||
|
Additional Paid-in Capital |
|||
|
Advance Deposit |
|||
|
Cash |
|||
|
Common Stock |
|||
|
Common Stock |
|||
|
Expense |
|||
|
Income Taxes Payable |
|||
|
Inventories |
|||
|
Marketable Securities |
|||
|
Notes Payable |
|||
|
Prepaid Expenses |
|||
|
Property & Equipment |
|||
|
Retained Earnings |
|||
|
Revenue |
|||
|
Treasury Stock |
|||
|
Unearned Revenues |
|||
In: Accounting
Select and analyze a specific U.S. transnational corporation (MNE Multi National Enterprise) from list below, which includes the largest U.S. MNE corporations. Include at a minimum, the following information:
Overview of corporation's history and development over time (growth in revenue, growth in employees, growth by acquisitions of other companies, etc.)
Company's current global operations and reach
Discussion of outsourcing jobs, supplies or services to other countries
Summary of recent news coverage, criticism, or other significant stories about the company
Ford motor company
In: Operations Management
Consider the world market for computers between the U.S. and China. Let the demand for computers in the U.S. be Du = 3500-2P and in China be Dc = 1800 - 3P. Let the supply of computers in the U.S. be Q u = 500 +P and in China be Qc = 200+2p
Suppose now that the importing country wants to impose an import tariff of $200 per computer. If this tariff is enacted, how much will the consumers in the importing country pay per computer? please draw a graph.
If the $200 tariff is enacted, how much revenue will it generate?
In: Economics