Finance Questions

Note Issued for Cash (Journal Entry)- At each of the six interest dates

Note with Accrued Interest (Journal Entry)- Accrual of Interest

Operating lease beginning of the lease (Journal entry)- Lessee

Operating lease interest and amortization (Journal Entry) first lease payment- Lessee

In considering a capacity expansion, we have two alternatives. The first alternative is expected to cost $1,000,000 and has an expected profit of $500,000 over the next three years. The second alternative has an expected cost of $800,000 and an expected profit of $450,000 over the next three years. Which alternative should we select, and what is the expected value of the expansion? Assume a 10 percent interest rate.

A useful tool for the economic analysis of a product development project.

Refundable Deposits (Journal Entry)- when containers are returned

An approach that uses interfunctional teams to get input from the customer in design specification.

The concept that relates to gaining efficiency through the full utilization of dedicated resources, such as people and equipment.

A matrix of information that helps a team translate customer requirements into operating or engineering goals.

Note with Accrued Interest (Journal Entry)- Issuance

Note Issued for Cash (Journal Entry)- At maturity

When loss contingency is accrued as a liability (Journal Entry)

The incorporation of environmental considerations into the design and development of products or services.

The one thing that a company can do better than its competitors.

An organization capable of manufacturing or purchasing all the components needed to produce a finished product or device.

A facility has a maximum capacity of 4,000 units per day using overtime and skipping the daily maintenance routine. At 3,500 units per day, the facility operates at a level where average cost per unit is minimized. Currently, the process is scheduled to operate at a level of 3,000 units per day. What is the capacity utilization rate?

The greatest improvements from this arise from simplification of the product by reducing the number of separate parts.

The level of capacity for which a process was designed and at which it operates at minimum cost.

A facility that limits its production to a single product or a set of very similar products.