Jannsen Limited is contemplating investing in solar panels to reduce its need to purchase electricity from its local hydro company. The panels are estimated to cost $2,000,000 and will have a 15-year useful life with no salvage value. The electricity cost savings are expected to be about $200,000 per year. Management expects there will be some intangible benefits arising from purchasing the solar panels such as increased goodwill among its younger customers who are, on average, environmentally conscious. This could lead to increased repeat business with these customers in the future. Jannsen uses a discount rate of 10% when evaluating capital expenditures.
Required:
1. Calculate the net present value of the investment in solar panels.
In: Accounting
Chobani’s history has included its successful offering of a variety of single-serving packages of fruit flavored Greek yogurt. The Chief Marketing and Brand Officer of this company stated, “We want to inspire customers to eat yogurt throughout the day, and increase per-capita consumption.” Looking at social-cultural trends, Chobani desires to be innovative and wish to begin to develop and offer a wider product mix.
What are your thoughts about new product development at Chobani? How will it convince customers that their new products belong in their refrigerators? What factors are important in understanding Chobani’s position in the marketplace and efforts to expand its product mix and lines?
QUESTION:
What factors are important in understanding this decision situation?
In: Economics
Chobani’s history has included its successful offering of a variety of single-serving packages of fruit flavored Greek yogurt. The Chief Marketing and Brand Officer of this company stated, “We want to inspire customers to eat yogurt throughout the day, and increase per-capita consumption.” Looking at social-cultural trends, Chobani desires to be innovative and wish to begin to develop and offer a wider product mix. What are your thoughts about new product development at Chobani? How will it convince customers that their new products belong in their refrigerators? What factors are important in understanding Chobani’s position in the marketplace and efforts to expand its product mix and lines?
QUESTION:
What are the possible alternatives? Fully describe at least two.
In: Economics
In: Statistics and Probability
Book: Information Systems Today Managing In The Digital World 7th Editon
Answer should conform APA standards
Please answer each question
The answers should include external sources to highlight diverse viewpoints and demonstrate a thorough comprehension
Chapter 9 – Developing and Acquiring Information Systems
Compare and contrast drivers that are used for price sensitive customers versus time sensitive customers. Select a company/industry as a case.
9-1. Describe the productivity paradox.
9-10. List and describe two main types of software licenses.
Chapter 10 – Securing Information Systems
10-07. Define and contrast cyberharassment, cyberstalking, and cyberbullying.
10-08. Define and contrast cyberwar and cyberterrorism.
In: Operations Management
Consider the natural log transformation (“ln” transformation) of variables labour cost (L_COST), and total number of rooms per hotel (Total_Rooms). 4.1 Use the least squares method to estimate the regression coefficients b0 and b1 for the log-linear model 4.2 State the regression equation 4.3 Give the interpretation of the regression coefficient b1. 4.4 Give an interpretation of the coefficient of determination R2 . Also, test the significance of your model using the F-test. How, does the value of the coefficient of determination affect the outcome of the above test? 4.5 Test whether a 1% increase of the total number of rooms per hotel can increase the labour cost by more than 0.20%? Use the 5% level of significance for this test.
L_COST Total_Rooms
2.165.000 412
2.214.985 313
1.393.550 265
2.460.634 204
1.151.600 172
801.469 133
1.072.000 127
1.608.013 322
793.009 241
1.383.854 172
494.566 121
437.684 70
83.000 65
626.000 93
37.735 75
256.658 69
230.000 66
200.000 54
199.000 68
11.720 57
59.200 38
130.000 27
255.020 47
3.500 32
20.906 27
284.569 48
107.447 39
64.702 35
6.500 23
156.316 25
15.950 10
722.069 18
6.121 17
30.000 29
5.700 21
50.237 23
19.670 15
7.888 8
3.500 15
112.181 18
30.000 10
3.575 26
2.074.000 306
1.312.601 240
434.237 330
495.000 139
1.511.457 353
1.800.000 324
2.050.000 276
623.117 221
796.026 200
360.000 117
538.848 170
568.536 122
300.000 57
249.205 62
150.000 98
220.000 75
50.302 62
517.729 50
51.000 27
75.704 44
271.724 33
118.049 25
40.000 30
10.000 10
10.000 18
70.000 73
12.000 21
20.000 22
36.277 25
36.277 25
10.450 31
14.300 16
4.296 15
379.498 16
1.520 22
45.000 12
96.619 34
270.000 37
60.000 25
12.500 10
1.934.820 270
3.000.000 261
1.675.995 219
903.000 280
2.429.367 378
1.143.850 181
900.000 166
600.000 119
2.500.000 174
1.103.939 124
363.825 112
1.538.000 227
1.370.968 161
1.339.903 216
173.481 102
210.000 96
441.737 97
96.000 56
177.833 72
252.390 62
377.182 78
111.000 74
238.000 33
45.000 30
50.000 39
40.000 32
61.766 25
166.903 41
116.056 24
41.000 49
195.821 43
96.713 20
6.500 32
5.500 14
4.000 14
15.000 13
9.500 13
48.200 53
3.000 11
27.084 16
30.000 21
20.000 21
43.549 46
10.000 21
In: Statistics and Probability
Current Attempt in Progress The CVP income statements shown below are available for Armstrong Company and Contador Company. Armstrong Co. Contador Co. Sales $490,000 $490,000 Variable costs 247,000 45,000 Contribution margin 243,000 445,000 Fixed costs 143,000 345,000 Net income $100,000 $100,000 (a1) Compute the degree of operating leverage for each company. (Round answers to 2 decimal places, e.g. 1.15.) Degree of Operating Leverage Armstrong Contador (b) Assuming that sales revenue increases by 10%, prepare a variable costing income statement for each company. Armstrong Company Contador Company
In: Accounting
On January 1, Year 1, a contractor agrees to build on the customer’s land a bridge that is expected to be completed at the end of Year 3. The bridge is a single performance obligation to be satisfied over time. The contractor determines that the progress toward completion of the bridge is reasonably measurable using the input method based on costs incurred. The contract price is $4,000,000, and initial expected total costs of the project are $2,400,000.
|
Year 1 |
Year 2 |
Year 3 |
||||
|
|
|
|
||||
|
Costs incurred during each year |
$ 600,000 |
$1,200,000 |
$1,100,000 |
|||
|
Costs expected in the future |
1,800,000 |
1,200,000 |
^ this is the question form the professor and I did the answers for
year 1-2-3 :
Year 1
By the end of Year 1, 25% [$600,000 ÷ ($600,000 + $1,800,000)] of
the total expected costs have been incurred. Using the input method
based on costs incurred, the contractor recognizes 25% of the total
expected revenue ($4,000,000 contract price × 25% ) = $1,000,000
and cost of goods sold $2,400,000.× 25%) = $600,000. The difference
between these amounts is the gross profit for Year 1.
Revenue $1,000,000, Cost of goods sold $600,000 , Gross profit
(1,000,000 – 600,000) =$400,000. The gross profit in Year 1 of
$400,000 also may be calculated as total expected gross profit from
the project of $1,600,000 ($4,000,000 - $2,400,000) times the
progress toward completion of the contract of 25%.
Year 2
By the end of Year 2, total costs incurred are $1,800,000
($600,000+ $1,200,000). Given that $1,200,000 is expected to be
incurred in the future, the total expected cost is $3,000,000
($1,800,000 + $1,200,000). The change in the total cost of the
contract must be accounted for prospectively. By the end of Year 2,
60% ($1,800,000 ÷ $3,000,000) of expected costs have been
incurred.
Thus, $2,400,000 ($4,000,000 × 60%) of cumulative revenue and
$1,800,000 ($ 3,000,000 × 60%) of cumulative cost of goods sold
should be recognized for Years 1 and 2.
Because $1,000,000 of revenue and $600,000 of cost of goods sold
were recognized in Year 1, revenue of $1,400,000 ($2,400,000
cumulative revenue - $1,000,000) and cost of goods sold of
$1,200,000 ($1,800,000 cumulative cost of goods sold - $600,000)
are recognized in Year 2.
Revenue
$1,400,000
Cost of goods sold
1,200,000
Gross profit -- Year 2
$200,000*
* The gross profit in Year 2 of $200,000 also may be calculated as
the cumulative gross profit for Years 1 and 2 of $600,000
[($4,000,000 - $3,000,000) × 60%] minus the gross profit recognized
in Year 1 of $400,000.
Year 3
At the end of Year 3, the project is completed, and the total costs
incurred for the contract are $2,900,000 ($600,000 + $1,200,000 +
$1,100,000). Given $2,400,000 of cumulative revenue and $1,800,000
of cumulative cost of goods sold for Years 1 and 2, $1,600,000
($4,000,000 contract price - $2,400,000) of revenue and $1,100,000
($2,900,000 total costs - $1,800,000) of cost of goods sold are
recognized in Year 3.
Revenue
$1,600,000
Cost of goods sold
1,100,000
Gross profit -- Year 3
$500,000
NOTE: (1) The total gross profit from the project of $550,000
($400,000 + $200,000 + $500,000) equals the contract price of
$4,000,000 minus the total costs incurred of $2,900,000. (2) When
progress toward completion is measured using the cost-to-cost
method, as in the example above, the cost of goods sold recognized
for the period equals the costs incurred during that period.
NOW : I need the answer for this question:
An entity may not be able to estimate the degree of completion of a project at the end of the first year, perhaps because this is the first time such a project has been undertaken by the firm. In that case, how much revenue would the firm recognize in that year if significant costs have been incurred in the construction process?
In: Accounting
Shown below is the trial balance for Dunbar Corporation as at June 30, 2017, the company's year end. The company owner provides you with the following additional information:
-No interest has been paid yet on the note payable. The note has been outstanding since April 1 and the interest rate is 12%
-The equipment originally cost $200,000 and has an estimated residual value of $10,000 and a useful life of 10 years.
- On June 1 the company renewed its insurance policy and paid a $1800 premium for the year. It was correctly recorded at that time as prepaid insurance.
-On October 1, 2016 the company sold a 12-month service contract to a client for $200,000 and recorded it as Unearned Revenue because at that point they had not yet provided any service to the client.
DUNBAR CORPORATION
TRIAL BALANCE
AS AT JUNE 30, 2017
|
DEBIT |
CREDIT |
|
|
Cash |
8,900 |
|
|
Accounts receivable |
28,000 |
|
|
Prepaid insurance |
1,200 |
|
|
Equipment |
100,000 |
|
|
Accumulated amortization |
6,000 |
|
|
Accounts payable |
12,000 |
|
|
Note payable |
20,000 |
|
|
Unearned revenue |
18,000 |
|
|
Common shares |
10,000 |
|
|
Retained earning |
6,700 |
|
|
Sales & service revenue |
240,000 |
|
|
Salaries |
120,000 |
|
|
Rent |
24,000 |
|
|
Supplies expense |
29,500 |
|
|
Amortization expense |
0 | |
|
Insurance expense |
1,100 |
|
|
Interest expense |
0 | |
|
TOTAL |
$312,700 |
$312,700 |
Required
Prepare any adjusting entired required.
In: Accounting
AirQual Test Corporation provides on-site air quality testing services. The company has provided the following cost formulas and actual results for the month of February:
| Fixed Component per Month |
Variable Component per Job |
Actual Total for February |
|||||||
| Revenue | $ | 279 | $ | 36,310 | |||||
| Technician wages | $ | 8,400 | $ | 8,250 | |||||
| Mobile lab operating expenses | $ | 4,900 | $ | 34 | $ | 9,500 | |||
| Office expenses | $ | 2,400 | $ | 4 | $ | 2,810 | |||
| Advertising expenses | $ | 1,550 | $ | 1,620 | |||||
| Insurance | $ | 2,890 | $ | 2,890 | |||||
| Miscellaneous expenses | $ | 940 | $ | 1 | $ | 385 | |||
The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,900 plus $34 per job, and the actual mobile lab operating expenses for February were $9,500. The company expected to work 140 jobs in February, but actually worked 144 jobs.
Required:
Prepare a flexible budget performance report showing AirQual Test Corporation’s revenue and spending variances and activity variances for February. ( This report must include - jobs, revenue, expenses: technological wages, mobile lab operating expense, office expense, advertising expense, insurance, and miscellaneous expenses for both flexible and planning budget. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values
In: Accounting