Business – Rate of return and value of money

1. One-year Treasury bills currently earn 2.70 percent. You expected that one year from now, 1-year Treasury bill rates will increase to 3.20 percent and that two years from now, 1-year Treasury bill rates will increase to 3.60 percent. If the unbiased expectations theory is correct, what should the current rate be on 3-year Treasury […]

Total Costs for July 2008

Bio Doc Corporation is a biotech company based in Milpitas. It makes a cancer-treatment drug in a single processing department. Direct materials are added at the start of the process. Conversion costs are added evenly during the process. Bio Doc uses the weighted-average method of process costing. The following information for July 2011 is available. […]

The business of manufacturing basketball shoes

Shambu Shoes is in the business of manufacturing basketball shoes. Accordingly the company uses the six activity cost pools listed below: Activity Cost Pool Activity Measure Maintenance Machine Hours Setups Setup Hours Cutting Supervision Setup Hours Cutting Depreciation Machine Hours Assembly supervision Direct Labor hours Assembly Depreciation Machine Hours The company has already carried out […]

My Dollar stores occurred during 2006 and 2007

The following transactions of My Dollar stores occurred during 2006 and 2007: **2006** Feb 3 โ€“ Purchased equipment for $10,000, signing a six-month, 9% note payable Feb 28 โ€“ Recorded the weekโ€™s sales of $51,000, one-third for cash, and two-thirds on account. All sales amounts are subject to a 5% sales tax. Mar 7 โ€“ […]

Think of a public organization with which you are familiar. Explain how it differs from a private company in terms of the following:

Think of a public organization with which you are familiar. Explain how it differs from a private company in terms of the following: Nature of its service. Relationship between its budget and collective bargaining processes. Bargaining structure and decision-making processes. Negotiable issues and bargaining tactics. The right to strike Use an appropriate number of references […]