Apex Corporation experienced the following during April:Beginning WIP inventory 7,500 units, 40% of labor added in this periodUnits started in this period 64,000 unitsEnding WIP inventory 5,000 units, 60% of labor added in this periodDirect materials are added at the beginning of the process and direct labor is added uniformly throughout the process.Required: What should be the equivalent units for direct materials and direct labor […]
All applicable and appropriate payroll taxes were withheld by the employer. During the year, Walter also received the following: Child Support Payment from Cindi Newman $18,200 Alimony Payment from Cindi Newman $ 9,400 Gift from his father to help with legal bills $ 8,500 Interest income on U.S. Treasury Bond $ 500 Interest income of Madison City Bond (municipal) $ 400 Interest income from […]
Luther Inc., has 2,000 shares of 6%, $50 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock outstanding at December 31, 2010, and December 31, 2009. The board of directors declared and paid a $5,000 dividend in 2009. In 2010, $24,000 of dividends are declared and paid. What are the dividends received by the preferred stockholders in 2010? a. $17,000b. […]
The pricing objective of maximizing profits: 1 has not been affected by other, more socially focused concerns. 2 is to be implemented under any and all circumstances. 3 has not always been considered the underlying objective of any pricing policy. 4 must be considered when determining the price needed to increase market share. To stay in business, a company must have a […]
You are considering two different corporate bonds. One is rated AAA by Standard and Poor’s and pays 5.8 percent annual interest. the other bond is rated B by Standard and Poor’s and pays 7.5 percent annual interest. What do these ratings mean? Which bond would you choose and why? Assume you have $5,000 to invest and that you are trying to decide between investing in Coca-Cola […]
Assignment Steps (2 Parts) Part 1 Use the attached Stock Valuation Template Calculate the following stock valuation problems: Company X is paying an annual dividend of $1.35 and has decided to pay the same amount forever. How much should you pay for the stock, if you want to earn an annual rate of return of 9.5% on this investment? You want to purchase common stock of Company X and […]
Merchandise Freight Paid by Seller Returns and allowances a. $10,850 ‐ FOB destination, n/20 $450 b. […]
Need help for negotiation questions. The deadline is tomorrow midnight. Can anyone help me to provide some examples of how did you use this principles? How much it costs? Thank you!!! 6 Keys to Gaining Tant in Negotiations By Katrina G. Arabs Apr 2?. 2004 To be effective in any negotiation. you need to establish trust. Harvard Business School professor Deepak lvlalhotrareveals six techniques that […]
As a Venezuelan business owner (you may select the specific business of your choice), you are very interested in the fact that Venezuela has recently been accepted as an associate member of MERCOSUR (July, 2004). You need to prepare your operations in view of this new reality. Develop a plan for your business that will be implemented as Venezuela becomes part of MERCOSUR. Your business […]
Consider the graph shown when answering the following question.The graph depicts: A perfectly elastic demand curve. An Engel curve. A budget line. A perfectly inelastic demand curve. Use this table to answer the following questions.In this table, “I” stands for the amount of a particular variable input. Assume the model of perfect competition. I Output TFC TVC TC MC 100 1000 200 1000 x – […]
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