[jeff]

@h0wdyus

Incorrect

The answer is B. Comparable sales.

“The use of comparable sales is not an income approach to valuation of a business, it is a market approach. Under the comparable sales approach, the value of a business is determined by comparing it to other entities with comparable characteristics for which the value is more readily determinable.”

This was a tricky one

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[h0wdyus]

Hmmm. should be then increased aggregate supply in US. This is why BEC is tricky, we understand the concept still not able to answer the question.

FAR - 81 29th Aug 2013
AUD - 84
REG - 82
BEC - 89 29th Aug 2014
Using Yager

FROM NJ

[RandomAlt]

@h0wdyus

-There are two reasons demand would increase in the US:

1)Stoleway mentioned the first one – Weaker currency means imports are more expensive, and demand for local products will increase

2)Because the US dollar is cheaper, China will import more US goods. Greater net exports (for the US) will increase demand

In China, with a stronger currency, imports will increase. Because China is importing more, demand for local goods will decrease. A decrease in net exports will decrease demand.

FAR - [10/07/2013 --> 66] [07/07/2014 --> 86]
BEC - [08/31/2014 --> 86]
AUD - [11/24/2014 --> 88]
REG - [02/14/2015 --> 92]

[stamata]

A ceramics manufacturer sold cups last year for $7.50 each. Variable costs of manufacturing were $2.25 per unit. The company needed to sell 20,000 cups to break even. Net income was $5,040. This year, the company expects the following changes: sales price per cup to be $9.00; variable manufacturing costs to increase 33.3%; fixed costs to increase 10%; and the income tax rate to remain at 40%. Sales in the coming year are expected to exceed last year's sales by 1,000 units. How many units does the company expect to sell this year?

A) 21,000

B) 21,600

C) 21,960

D) 22,600

D is the correct answer, but I keep getting C

AUD - 76
BEC - 86
FAR - 78
REG -73, 69, 86! DONE

[Anonymous]

I have a section of Financial Management, then IT, then Cost to get through, and I am testing on the 29th…motivation and energy are dwindling..

[h0wdyus]

@stamata

Please solve the following equation

(5.25 x S – 105000) x (1-0.40) = 5040 then S will be sale for last year. Add 1000 units to it, you get answer D

5.25 is the contribution margin ( 7.50 -2.25 )

contribution margin x 20000= 105000 is the Fixed cost

(1- 0.40) is the after tax , since 5040 is Net Income and Net Income is always after tax.

Good question.

FAR - 81 29th Aug 2013
AUD - 84
REG - 82
BEC - 89 29th Aug 2014
Using Yager

FROM NJ

[stamata]

@h0wdyus, ah I was forgetting the tax rate. Thanks

AUD - 76
BEC - 86
FAR - 78
REG -73, 69, 86! DONE

[schizokitten]

Hi guys, are any of you reviewing with Becker? Today the program is giving me problems, in B1 working on the homework. When I'm getting questions correct and then exiting the homework, my “Unanswered/Incorrect” homework number does not decrease. I tried logging out and logging in again, re-doing the homework but it is not registering them as complete.

While reworking it shows the number of time attempted correctly but previous answer is N/A. Has this happened to anyone? How did you fix it?

REG: ***92*** (5/14/14)
FAR: ***83*** (8/17/14)
BEC: ***89*** (10/3/14)
AUD: ***86*** (2/22/15)

[schizokitten]

Double post

REG: ***92*** (5/14/14)
FAR: ***83*** (8/17/14)
BEC: ***89*** (10/3/14)
AUD: ***86*** (2/22/15)

[stoleway]

You have been offered $20,000 per year forever starting immediately. This represents what type of cash flow?

A Annuity

B Annuity due

C Perpetuity

D Consol

REG -63│ 84!!
BEC- 59│70│ 71 │78!
AUD- 75!
FAR- 87!

Mass-CPA

[RandomAlt]

C. Perpituity

FAR - [10/07/2013 --> 66] [07/07/2014 --> 86]
BEC - [08/31/2014 --> 86]
AUD - [11/24/2014 --> 88]
REG - [02/14/2015 --> 92]

[stoleway]

correct

REG -63│ 84!!
BEC- 59│70│ 71 │78!
AUD- 75!
FAR- 87!

Mass-CPA

[h0wdyus]

@stoleway

please keep up on the questions. Keeps it interesting while studying here. 🙂

FAR - 81 29th Aug 2013
AUD - 84
REG - 82
BEC - 89 29th Aug 2014
Using Yager

FROM NJ

[stoleway]

The most common approach in use to the application of overhead is:

A Theoretical capacity

B Practical capacity

C Regionally adjusted capacity

D Expected annual capacity

REG -63│ 84!!
BEC- 59│70│ 71 │78!
AUD- 75!
FAR- 87!

Mass-CPA

[h0wdyus]

D.

FAR - 81 29th Aug 2013
AUD - 84
REG - 82
BEC - 89 29th Aug 2014
Using Yager

FROM NJ

[stoleway]

CORRECT

REG -63│ 84!!
BEC- 59│70│ 71 │78!
AUD- 75!
FAR- 87!

Mass-CPA

[Author]

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