Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Problem 1: ALMOND Bottling Corporation embarked on a promotional program whereby a can opener costing ?13 each is given away for every 10 bottle crowns returned plus ?5. ALMOND also pays ?2 per can opener for handling and shipping cost. ALMOND estimates that only 40% of the bottle crowns in the hands of consumers will be presented for redemption. The following information is available: Bottles sold - 1,000,000 units amounting to ?5,000,000; Can openers bought for giveaways - 15,000 units amounting to ?195,000; Can openers distributed to customers - 10,000 units. At the close of the first year, how much should ALMOND recognize as expense for the promotional program?
Option 1: ? 400,000
Option 2: ? 100,000
Option 3: ? 300,000
Option 4: ? 150,000
What is the importance of budgeting to organizations and how and why do managers use budgets? What types of budget approaches are typically
XWY Company had the following info regarding their accounts. Increase in accounts receivable of $10,200; decrease in supplies of $3,100; gains on sale of equipment of $7,400; losses on sales of equipment of $630; net income of $63,150; increase in ac..
The fair value of plant assets exceeds its carrying amount by $90,000, net assets of Bita $400,000. The amount of goodwill is
Helena Troy owes his boyfriend some money. His friend gives him 5 options of payment. If the rate of interest is 8%, which option should Helena choose
What income amount should be used to evaluate the Alpha Store as an investment of the company?
If Carla Vista's opportunity cost of capital is 10 percent, what is the optimal time for Carla Vista to sell the mine
If the YTM of the bonds is 5.93%, and YTM represents the cost of debt, what is the after-tax cost of this debt? what is the WACC for Hankins Corporation?
Calculate the amount of dividends to be paid to each group of shareholders (i.e. preferred and common), assuming the preferred shares are cumulative.
The company manufactures a piece Power Ring to $ 3.40 per unit. This cost is based on the normal production of 50,000 units per year. Variable costs are $ 1.50 per unit, fixed costs associated with bringing this piece is $ 50,000 per year and (Alloca..
If $120 million of the liabilities are insured and $80 million are uninsured, what will be the loss to the CDIC if the payout and disclosure method of failure
Gold Mining, Inc. is using the profitability index (PI) when evaluating projects. Gold Mining's cost of capital is 7.40 percent. What is the PI of a project
Budgeted for $34000 at normal capacity of 170000 direct labor hours. If 190000 direct labor hours are worked, flexible budget total for these costs is
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd