Homework Answers
| Weights of Remittance | No of Days | Weights*No of days | |||
| Remittance 1 | $1,000,000 | 0.333333 | 5 | 1.666667 | |
| Remittance | $2,000,000 | 0.666667 | 7 | 4.666667 | |
| Total Remittance | $3,000,000 | 6.333333 | |||
| Company's average collection is 6.33 days | |||||
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QUESTION 5 6.25 points Save Answer Each month (assume 30 days per month), your company typically...
Question 20 4 points Save Answer Your firm has an average collection period of 38 days....
Question 20 4 points Save Answer Your firm has an average collection period of 38 days. Current practice is to factor all receivables immediately at a discount rate of 4 percent. Assume that default is extremely unlikely. What is the effective cost of borrowing? A. 37.78 percent B. 28.79 percent c. 31.87 percent O d. 40.97 percent E. 48.01 percent
Problem 27-6 Using Weighted Average Delay A mail-order firm processes 6,300 checks per month. Of these, 70 percent are for $53 and 30 percent are for $85. The $53 checks are delayed two days on avera...
Problem 27-6 Using Weighted Average Delay A mail-order firm processes 6,300 checks per month. Of these, 70 percent are for $53 and 30 percent are for $85. The $53 checks are delayed two days on average; the $85 checks are delayed three days on average. Assume 30 days per month a-1.What is the average daily collection float? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Average daily collection float 210 a-2. How...
Question Completion Status: (800 - 1000) = (1.96379.06, +30 1.33333 points Save Answer QUESTION 4 A...
Question Completion Status: (800 - 1000) = (1.96379.06, +30 1.33333 points Save Answer QUESTION 4 A researcher is comparing the amount of calories in two different lunch special pizzas: Hawaiian and pepperoni. Random samples of 30 Hawaiian and 30 pepperoni are taken. The mean amount of calories in the Hawaiian pizza was 800 calories and the mean amount of calories in the pepperoni pizza was 1000. Assume that the standard deviations for the two populations are 50 and 100 calories,...
Question 7 0.6 points Save Warshaw Company budgets payroll at $3800 per month plus a percentage...
Question 7 0.6 points Save Warshaw Company budgets payroll at $3800 per month plus a percentage of monthly sales. The June operating expenses budget includes total payroll of $13,300 with budgeted sales of $190,000. Sales for July are budgeted at $120,000 while purchases of inventory for July are budgeted at $910,000. Depreciation and insurance for July are estimated at $500 and $600, respectively. Office and administrative expenses related to purchasing inventory are budgeted at 10% of purchases for the month....
Question 7 0.6 points Save Ans Warshaw Company budgets payroll at $3800 per month plus a...
Question 7 0.6 points Save Ans Warshaw Company budgets payroll at $3800 per month plus a percentage of monthly sales. The June operating expenses budget includes total payroll of $13,300 with budgeted sales of $190,000. Sales for July are budgeted at $120.000 while purchases of inventory for July are budgeted at $910,000. Depreciation and insurance for July are estimated at $500 and $600, respectively. Office and administrative expenses related to purchasing inventory are budgeted at 10% of purchases for the...
QUESTION 29 3 points 3 points Save Answer Save Answer happens when there is a decrease...
QUESTION 29 3 points 3 points Save Answer Save Answer happens when there is a decrease in the overall price level. QUESTION 30 3 points Save Answer This morning in the supermarket, you found an old shopping list in your wallet and the receipt from the last year for all the things on the list. You wanted to do a quick economics experiment so you bought everything on the list again for $122. The receipt says that on the same...
5 5 points Congratulations on the new arrivalill Your newborn will be going to college 18...
5 5 points Congratulations on the new arrivalill Your newborn will be going to college 18 short years from today, so you will need $1,000,000 at that time to fund the child's education. Each investment earns the same APR. Which of the following would result in your investing fewer total dollars to arrive at the same $1,000,000 in eighteen short years? Investing at the end of each year Investing at the beginning of each year Investing a single lump sum...
QUESTION 5 6 points Save Answer Assume that a firm's production process is subject to constant...
QUESTION 5 6 points Save Answer Assume that a firm's production process is subject to constant returns to scale over a broad range of output levels. Long-run average total cost over this output range will tend to A. increase OB. decline C. remain constant D. fall to a minimum and then rise QUESTION 6 6 points Save Answer Consider the following statements when answering this question. 1. Increases in the unemployment rate decrease the opportunity cost of attending college. II....
Question 1 10 points Save Answer A project consists of three activities: A, B, and C....
Question 1 10 points Save Answer A project consists of three activities: A, B, and C. Activities A and B can begin at time 0 (start of the project), but activity C can only start after B is completed. The project ends when all activities are completed. The durations of the activities were simulated 10 times and the following values were obtained: Run 1 A Duration B Duration C Duration 51 48 17 60 48 19 2 3 30 39...
Calculate and explain your answer related to the transfer pricing based on the condition: a. Subur Makmur sales per month still 30 tons and Makmur Jaya sales per month 150 tons. (5 points) b. Subur Makmur sales per month still 30 tons and Makmur Jaya sal
Subur Makmur Product: Rice Company type: Grocery store house,
arrange consolidated income statement Buying from Lancar Jaya: $25 for 50
kilos Sales per month: 30 tons Selling price to Jaya Abadi: $35Makmur Jaya
Product: Rice Company Type: Agriculture Variable cost per 50 kilos: $15 Capacity per month: 150 tons Selling price to Morax Jaya: $30Calculate and explain your answer related to the transfer pricing based on the condition:
a. Subur Makmur sales per month still 30 tons and Makmur Jaya...
Question 20 4 points Save Answer Your firm has an average collection period of 38 days. Current practice is to factor all receivables immediately at a discount rate of 4 percent. Assume that default is extremely unlikely. What is the effective cost of borrowing? A. 37.78 percent B. 28.79 percent c. 31.87 percent O d. 40.97 percent E. 48.01 percent
Problem 27-6 Using Weighted Average Delay A mail-order firm processes 6,300 checks per month. Of these, 70 percent are for $53 and 30 percent are for $85. The $53 checks are delayed two days on average; the $85 checks are delayed three days on average. Assume 30 days per month a-1.What is the average daily collection float? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Average daily collection float 210 a-2. How...
Question Completion Status: (800 - 1000) = (1.96379.06, +30 1.33333 points Save Answer QUESTION 4 A researcher is comparing the amount of calories in two different lunch special pizzas: Hawaiian and pepperoni. Random samples of 30 Hawaiian and 30 pepperoni are taken. The mean amount of calories in the Hawaiian pizza was 800 calories and the mean amount of calories in the pepperoni pizza was 1000. Assume that the standard deviations for the two populations are 50 and 100 calories,...
Question 7 0.6 points Save Warshaw Company budgets payroll at $3800 per month plus a percentage of monthly sales. The June operating expenses budget includes total payroll of $13,300 with budgeted sales of $190,000. Sales for July are budgeted at $120,000 while purchases of inventory for July are budgeted at $910,000. Depreciation and insurance for July are estimated at $500 and $600, respectively. Office and administrative expenses related to purchasing inventory are budgeted at 10% of purchases for the month....
Question 7 0.6 points Save Ans Warshaw Company budgets payroll at $3800 per month plus a percentage of monthly sales. The June operating expenses budget includes total payroll of $13,300 with budgeted sales of $190,000. Sales for July are budgeted at $120.000 while purchases of inventory for July are budgeted at $910,000. Depreciation and insurance for July are estimated at $500 and $600, respectively. Office and administrative expenses related to purchasing inventory are budgeted at 10% of purchases for the...
QUESTION 29 3 points 3 points Save Answer Save Answer happens when there is a decrease in the overall price level. QUESTION 30 3 points Save Answer This morning in the supermarket, you found an old shopping list in your wallet and the receipt from the last year for all the things on the list. You wanted to do a quick economics experiment so you bought everything on the list again for $122. The receipt says that on the same...
5 5 points Congratulations on the new arrivalill Your newborn will be going to college 18 short years from today, so you will need $1,000,000 at that time to fund the child's education. Each investment earns the same APR. Which of the following would result in your investing fewer total dollars to arrive at the same $1,000,000 in eighteen short years? Investing at the end of each year Investing at the beginning of each year Investing a single lump sum...
QUESTION 5 6 points Save Answer Assume that a firm's production process is subject to constant returns to scale over a broad range of output levels. Long-run average total cost over this output range will tend to A. increase OB. decline C. remain constant D. fall to a minimum and then rise QUESTION 6 6 points Save Answer Consider the following statements when answering this question. 1. Increases in the unemployment rate decrease the opportunity cost of attending college. II....
Question 1 10 points Save Answer A project consists of three activities: A, B, and C. Activities A and B can begin at time 0 (start of the project), but activity C can only start after B is completed. The project ends when all activities are completed. The durations of the activities were simulated 10 times and the following values were obtained: Run 1 A Duration B Duration C Duration 51 48 17 60 48 19 2 3 30 39...
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