The ABC Company manufactures and sells 95" Television sets and uses standard costing. Budgeted level of production is 1,000 units per month. The actual data from January,February and March is as follows: January February March Beginning Inventory Production Sales 300 800 800 300 1,250 1,500 1,000 700 Variable Costs Manufacturing cost per unit Operating(marketing) cost per unit 900$ 600$ 900$ 600 900 600 Fixed Costs Manufacturing Costs Perating(marketing)costs 400,000$ 400,000 140,000 5 140,000 400,000 140,000 Selling Price per unit 3,000 Prepare the statement of income for each of January,February and March as follows 1.Variable Costing 2.Absorption Costing
Answers
To prepare the statement of income for each of January, February, and March using variable costing and absorption costing, we need to calculate the relevant costs and revenues for each month. Here's how you can calculate it:
January:
Variable Costing:
Sales revenue: 800 units * $3,000 = $2,400,000
Variable manufacturing cost: 800 units * $900 = $720,000
Variable operating (marketing) cost: 800 units * $600 = $480,000
Total variable costs: $720,000 + $480,000 = $1,200,000
Contribution margin: Sales revenue - Total variable costs = $2,400,000 - $1,200,000 = $1,200,000
Fixed manufacturing costs: $400,000
Fixed operating (marketing) costs: $140,000
Total fixed costs: $400,000 + $140,000 = $540,000
Operating income (loss): Contribution margin - Total fixed costs = $1,200,000 - $540,000 = $660,000
Absorption Costing:
Sales revenue: $2,400,000
Manufacturing cost per unit: $900
Cost of goods sold: 800 units * $900 = $720,000
Gross profit: Sales revenue - Cost of goods sold = $2,400,000 - $720,000 = $1,680,000
Operating (marketing) cost per unit: $600
Total operating (marketing) costs: 800 units * $600 = $480,000
Operating income (loss): Gross profit - Total operating (marketing) costs = $1,680,000 - $480,000 = $1,200,000
The statement of income for January using variable costing and absorption costing is as follows:
Variable Costing:
Sales revenue: $2,400,000
Variable costs: $1,200,000
Contribution margin: $1,200,000
Fixed costs: $540,000
Operating income: $660,000
Absorption Costing:
Sales revenue: $2,400,000
Cost of goods sold: $720,000
Gross profit: $1,680,000
Operating (marketing) costs: $480,000
Operating income: $1,200,000
You can follow the same steps to calculate the statement of income for February and March using both variable costing and absorption costing methodologies.
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Related Questions
To examine
the weekly payroll of all employees, one would look at the:
Answers
To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
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You are project manager for the big hospital in Brisbane city.
What do you think about the idea of adding extra more patients bed rooms for the hospital? support this idea with your explanation.
The building is historical building and there are couple rooms which can not renovate, but most of the rooms in this building are able to renovate.
Answers
Adding extra patient bed rooms to the hospital is a beneficial idea due to the potential to increase capacity and meet the growing healthcare demands.
The idea of adding extra patient bed rooms to the hospital is supported for several reasons. Firstly, it allows for increased capacity to accommodate more patients, which is crucial in a city like Brisbane with a growing population and increasing healthcare needs. The ability to admit and treat more patients will help reduce wait times and ensure timely access to healthcare services.
Secondly, renovating most of the rooms in the historical building provides an opportunity to optimize the existing infrastructure while preserving the historical significance of the building. By identifying the rooms that are suitable for renovation, the hospital can utilize its resources efficiently and create modern, well-equipped patient rooms.
Moreover, expanding the number of patient bed rooms can enhance the hospital's ability to generate revenue and support its financial sustainability. Additional bed capacity allows for increased patient admissions, leading to higher patient turnover and potential revenue growth.
Overall, adding extra patient bed rooms to the hospital presents a practical solution to address the demand for healthcare services, maximize facility utilization, and provide improved patient care.
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True or false: the operations manager is involved primarily with supply network design.
Answers
The activities director is very familiar with a few sorts of plan: procedure, design, job design, supply network design, and organizational design.
In supply chain management, what role does the operations manager play?Supply Chain Management The operations manager is in charge of managing the process of the supply chain by controlling inventory management, the production process, sales, distribution, and locating suppliers who can supply the necessary goods at fair prices.
In terms of operations management, what is network design?The process of building and modeling a supply chain to better understand the costs and time involved in bringing goods to market with the resources and locations available is known as supply chain network design.
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Imagine you are an economic adviser to the Commonwealth Government. The Prime Minister wants to increase spending on public transport in major cities, but does not want to raise taxes. Identify alternative sources of revenue for the government to fund its new initiatives.
Answers
Answer: A combination of 1) Increased public transportation fees, 2) raise the gasoline tax, 3) increase or institute highway tolls, or 4) reduce the road construction budget and use that money for public transportation.
Explanation:
Actions 2-4 would provide incentives to use public transportation.
external forces that affect e-business include all of the following except:_____.
A. globalization
B. available financing
C. changing technology
D. economic factors
E. all of these answer choices
Answers
External forces that affect e-business include all of the following except available financing. Hence, option B is appropriate.
What is the role of the E-Business?Any procedure that a commercial organization carries out over a desktop network is referred to as "e-business" (electronic business). Any government, nonprofit, or for-profit organization can be considered a business organization. They use business procedures that are production-, customer-, internal-, or management-focused.
Any type of commercial or business transaction that involves the exchange of information online is considered to be an e-business. One of the key functions of every business is commerce, which is defined as the exchange of goods and services between organizations, communities, and individuals.
Hence, option B is appropriate.
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how did jetblue communicate with their stakeholders during a crisis?
Answers
A crucial component of managing stakeholder communications is assessing the seriousness of a problem and deciding whether it is preferable to contact the concerned parties proactively or reactively.
Every situation and organization is unique, but it's crucial to establish a clear threshold to determine the gravity of a particular problem and to plan suitable and logical remedies. Strong stakeholder participation can either energize supporters or silence critics, depending on the circumstance. Reactive and proactive outreach should be decided on a case-by-case basis because every circumstance is different and should not be amplified more.
The following best practices will assist firms in ensuring that they are prompt and efficient in interacting with important stakeholders as we enter a new year marked by economic uncertainty and a climate of higher consumer expectations.
IDENTIFY AND ANALYZE YOUR STAKEHOLDER GROUPSMAP RELATIONSHIP OWNERS TO KEY STAKEHOLDERS FOR OUTREACHLEVERAGE THE APPROPRIATE CHANNELSDEVELOP CUSTOMIZED, YET CONSISTENT MESSAGING FOR EACH STAKEHOLDER GROUPTEMPER RESPONSE DEPENDING ON THE ISSUE/CRISISTo know more about stakeholders:
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If a store has a “buy one, get one free” sale and an item costs $10, what is the marginal cost of the second item?
A) $7.50
B) $10
C) $5
D) $15
E) $0
Answers
If a store has a “buy one, get one free” sale and an item costs $10, then the marginal cost of the second item would be option E). 0.
What is marginal cost?The marginal cost helps to determine the additional cost that a company has to incur while producing one extra unit. In the case of buy one get one free item the final price tend to include the cost of both products.
Therefore, the marginal cost of the second product would be zero as the producer does not have to bear any additional cost as the product is free.
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in a neighborhood there are five houses listed for sale for the following amounts: $250,000; $275,000; $280,000; $295,000; and $515,000. what is the best measure of central location for the price of a house in the neighborhood?
Answers
The median price is a better indicator of a home's average value and is the best measure of a central location for the price of a house in the neighborhood.
How are house prices determined?The state of the economy, interest rates, real income, and changes in population size all have an impact on the housing market. In addition to these demand-side factors, available supply will influence house prices.
Because a few unusually high or low prices can skew the average price, it is not an accurate indicator of the current state of the property market to use median prices instead of average prices.
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Gianna put $1,000 in a savings account for 18 months. The interest on the account is 3.5%.
How much will Gianna earn in interest? What amount will she have at the end of the time period?
Answers
Answer:
You will earn $52.96 in interest
You have $1,052.96 in total.
why was bank of america industry successful at one point
Answers
Answer:
Bank of America (NYSE:BAC) has had its fair share of missteps over the past decade, but it's also had successes. Topping the list for the latter is the progress it's made in mobile banking, which has enabled the bank to slash operating expenses in its consumer banking segment.
You can get a sense for Bank of America's success in this regard by looking at the number of people who use its mobile application. In the most recent quarter, the bank boasted 19.6 million active mobile users. That's five times the number it had in 2009. To put this in perspective, Bank of America has 60 million total clients within 45 million households.
The impact on Bank of America's transaction mix has been dramatic. Mobile check deposits are up by a factor of 10 since 2012, and now account for 16% of all deposit transactions at the North Carolina-based bank. If you also factor in ATM transactions, two-thirds of Bank of America's deposit transactions are now automated. That compares to only 35% in 2009.
Explanation:
List three effective strategies to handle criticism, pressure, and gossip in the workplace.
Answers
Answer:
Don´t take it personally.
See criticsim as help.
Don´t be too hard on yourself.
Do not get defensive and start making excuses.
Explanation:
As a Social Media Advertising Specialist your client invests $11,927 on a budget of $12,500. You can directly attribute $18,177.00 in return to your advertising strategy. A) How much under budget was your strategy? B) What is the return on investment for implementing this strategy with your client. As a result of your performance your contract is extended with the client
Answers
Answer:
Combien le coût du ciseaux dans la caractéristique de l’art en Chine salut, je ne sais pas quoi dire sur l’importance de la parentalité responsable 4, mais je ne sais pas quoi dire sur l’importance de la parentalité responsable 4, mais je ne sais pas quoi dire sur l’importance de la parentalité responsable
Insurance companies willingly take on our risks for a fee. give an example of a risk that you or someone else has chosen to insure. how could you use your technology skill and microsoft excel to organize, analyze, and compare data to decide if a specific insurance is a good value for the example you gave? think about the cost and consequences of not having insurance versus the cost of the insurance over time.
Answers
Insurance companies voluntarily adopt our charge probability," which means that assurance companies will compensate us for all of our losses in terms of products for which they have health coverage, and that the threat for both would be equal.
What is health coverage in insurance?Health coverage is the insurance or security of the health against the accident or any emergency in the person's life. Health insurance covers many things like heart attack, accident, paralyses, COVID-19, and other health issues.
The health company pay an amount at the time hospitalizing the person after claiming to the insurance company.
Thus, Insurance companies voluntarily adopt our charge probability.
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Why does Starbucks Coffee consider internal leadership development such an important part of its core business process?
Answers
Answer:
Because Starbucks embraces and openly admires the idea of planning for one's own succession.
Explanation:
Internal leadership development is a process by which firms continue to solve real-life issues while developing their employees for more significant or leadership roles.
At Starbuck Coffee, it is widely believed that internal leadership development is an essential part of business operations, which helps in the promotion of organizational culture and structure of the company, such that the traditions, missions, and vision of the firm are fully upheld with every leader or CEO successor.
To Starbucks, this is one of the essential values ingrained in their culture, which helps them in attracting potential future leaders, and in turn, assists in planning in advance for the firm to easily replace their top-level leaders from in-house when the time is right,
Following is selected financial information for Netflix, for 2018 and 2017.
Note: Complete the entire question in Excel and format each answer to two decimal places. Then enter the answers into the provided spaces below with two decimal places.
In thousands, except per share data 2018 2017
Current assets $9,694,135 $7,669,974
Current liabilities 6,487,320 5,466,312
Total assets 25,974,400 19,012,742
Total liabilities 20,735,635 15,430,786
Shares outstanding 436,599 433,393
Retained earnings 2,942,359 1,731,117
Stock price per share 268.00 191.96
Sales 15,794,341 11,692,713
Earnings before interest and taxes 1,605,226 838,679
Compute and interpret Altman Z-scores for the company for both years.
Year Z-score
2017 Answer
2018 Answer
Is the company's bankruptcy risk increasing or decreasing over this period?
Answers
A Z-score above 2.99 indicates a low bankruptcy risk, while a Z-score below 1.81 indicates a high bankruptcy risk. Therefore, based on the calculated Z-scores, the bankruptcy risk for Netflix DECREASED from 2017 to 2018.
The Altman Z-score is a formula used to assess a company's bankruptcy risk. It takes into account various financial ratios and assigns a score based on the likelihood of bankruptcy. The formula is as follows:
Z-Score = 1.2A + 1.4B + 3.3C + 0.6D + 1.0E
where:
A = Working Capital / Total Assets
B = Retained Earnings / Total Assets
C = Earnings Before Interest and Taxes / Total Assets
D = Market Value of Equity / Total Liabilities
E = Sales / Total Assets
Let's calculate the Altman Z-scores for Netflix for both 2018 and 2017.
For 2018:
A = (9,694,135 - 6,487,320) / 25,974,400 = 0.11
B = 2,942,359 / 25,974,400 = 0.11
C = 1,605,226 / 25,974,400 = 0.06
D = (268.00 * 436,599) / 20,735,635 = 0.56
E = 15,794,341 / 25,974,400 = 0.61
Z-Score for 2018 = 1.2(0.11) + 1.4(0.11) + 3.3(0.06) + 0.6(0.56) + 1.0(0.61) = 1.71
For 2017:
A = (7,669,974 - 5,466,312) / 19,012,742 = 0.12
B = 1,731,117 / 19,012,742 = 0.09
C = 838,679 / 19,012,742 = 0.04
D = (191.96 * 433,393) / 15,430,786 = 0.56
E = 11,692,713 / 19,012,742 = 0.62
Z-Score for 2017 = 1.2(0.12) + 1.4(0.09) + 3.3(0.04) + 0.6(0.56) + 1.0(0.62) = 1.55
The Altman Z-scores for Netflix in 2018 and 2017 are 1.71 and 1.55, respectively. This suggests that the company's financial health improved over the period, indicating a reduced likelihood of bankruptcy. However, it's important to note that the Z-score is just one measure and should be considered in conjunction with other financial indicators to assess the overall financial stability of the company.
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Describe ways in which a verbal/linguistic learner prefers to learn.
Answers
Answer:
People with verbal-linguistic learning styles learn best when taught using spoken or written materials. They prefer activities that are based on language reasoning rather than abstract visual information. ... They usually enjoy written projects, speech and drama classes, debate, language classes, and journalism.
Explanation:
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gasb standards ____________ that each governmental reporting entity display ___________ general fund in its general-purpose financial statements.
Answers
GASB standards require that each governmental reporting entity display information about its general fund in its general-purpose financial statements.
The Governmental Accounting Standards Board (GASB) establishes accounting and financial reporting standards for state and local governments in the United States.
One of the requirements set by GASB is that each governmental reporting entity must include information about its general fund in its general-purpose financial statements. The general fund is the primary operating fund of a government entity, which is used to account for and report financial resources that are not restricted for specific purposes.
Including the general fund information in the general-purpose financial statements provides transparency and accountability, allowing users of financial statements to assess the financial health and performance of the government entity.
This information is crucial for decision-making by stakeholders, such as citizens, legislators, investors, and creditors, as it helps them understand the availability and utilization of resources in the general fund.
By adhering to GASB standards, governmental reporting entities ensure consistency and comparability in financial reporting, promoting trust and confidence in the financial information provided.
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he Chief Executive is planning to change the current organizational structure to a team-based structure with ermanent teams. pecify the type of structure that the Chief Executive is planning to change
Answers
The type of structure that the Chief Executive is planning to change to is a team-based structure with permanent teams, also known as a team-based organizational structure or a self-managed team structure.
In this structure, the organization is divided into permanent teams, each with specific roles and responsibilities. These teams are often cross-functional and have the autonomy to make decisions and manage their own work processes.
They are responsible for achieving their assigned goals and objectives, and they work collaboratively to accomplish tasks. The shift to a team-based structure can bring several benefits. It promotes collaboration, communication, and knowledge sharing among team members.
It fosters a sense of ownership and accountability, as team members are responsible for their own outcomes. The structure also allows for flexibility and adaptability, as teams can quickly respond to changing market conditions or customer needs.
Furthermore, a team-based structure encourages innovation and creativity. By bringing together individuals with diverse skills and perspectives, teams can generate new ideas and approaches to problem-solving.
This structure also empowers employees, as they have a greater say in decision-making and can contribute their expertise to the team's success. However, implementing a team-based structure requires careful planning and consideration.
It involves developing clear team objectives, establishing effective communication channels, providing appropriate training and support, and ensuring that the teams have the necessary resources to succeed. Additionally, leadership and management styles may need to adapt to support and facilitate the team-based structure.
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What general rule of thumb connects your car payment and your monthly savings budget?
Answers
Ram said to gita,"you are mt best friend."(indirect)
Answers
Answer:
ram said to gita that she is his best friend
.
.
.
.
hope it may help
Investment analysis is the study of how an investment is likely to perform and how suitable it is for a given investor. Investment analysis is key to any sound portfolio-management strategy. Investors not comfortable doing their own investment analysis can seek professional advice from a financial advisor.
Required
Use suitable illustrations to discuss the importance of portfolio analysis to investors
State and discuss Five factors to consider when carrying out an investment analysis
Answers
Portfolio analysis is important for investors as it helps them make informed investment decisions and achieve their financial goals. By analyzing their investments, investors can assess the potential risks and returns, diversify their portfolio, and optimize their investment strategy.
Here are five factors to consider when conducting investment analysis:
Risk Assessment: Investors should evaluate the risk associated with an investment. Factors such as market volatility, economic conditions, and industry-specific risks should be taken into account to determine the risk level of an investment.
Return Potential: Investors need to assess the potential returns of an investment. This involves analyzing historical performance, growth prospects, and future projections to estimate the potential profitability of the investment.
Investment Time Horizon: The time horizon of the investment is an important consideration. Investors should align their investment analysis with their specific time goals, whether short-term or long-term, to determine the appropriate investment options.
Diversification: Diversification is crucial in investment analysis. Investors should consider spreading their investments across different asset classes, sectors, and geographic regions to reduce risk and optimize returns.
Investment Objectives: Investors should clearly define their investment objectives, such as capital preservation, income generation, or growth. The investment analysis should align with these objectives to ensure the selected investments are suitable for achieving the desired outcomes.
For example, let's say an investor wants to assess the potential of investing in renewable energy stocks. They would analyze factors such as the growth prospects of the renewable energy sector, government policies supporting clean energy, the financial performance of renewable energy companies, and the overall market conditions. Based on this analysis, the investor can determine the suitability of investing in renewable energy stocks.
In summary, portfolio analysis is vital for investors to make informed investment decisions. By considering factors such as risk, return potential, time horizon, diversification, and investment objectives, investors can evaluate the suitability of investments and build a well-balanced portfolio that aligns with their financial goals.
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Which of the following businesses is using an incentive?
A. Company B, where there is conflict between the workers and the
management
B. Company C, where the government is intervening to prevent fraud
C. Company A, where the employees have voted for a four-day
workweek instead of a pay increase
D. Company D, where there is a greater demand for a product than
can be met
Answers
Answer:
d
Explanation:
what is the major difference between a stock company and a mutual company?
Answers
A stock company is a company whose ownership is publicly traded through stocks on a stock exchange. These stocks can be purchased by individuals or other companies, and owning stock in the company means owning a portion of the company.
Therefore, stock companies are owned by shareholders who have voting rights and can influence decisions made by the company. The primary objective of a stock company is to maximize profits for its shareholders.
On the other hand, a mutual company is owned by its policyholders. Policyholders purchase insurance policies from the mutual company and in turn, the policyholders have ownership rights in the company.
Mutual companies do not issue stocks or pay dividends to shareholders. Instead, policyholders are entitled to a portion of the profits that the mutual company generates, in the form of dividends.
The major difference between a stock company and a mutual company is the ownership structure. Stock companies are owned by shareholders while mutual companies are owned by policyholders.
The primary goal of a stock company is to maximize profits for shareholders, while the primary goal of a mutual company is to provide benefits to its policyholders.
Mutual companies tend to focus more on providing quality services and benefits to policyholders, rather than maximizing profits.
In summary, the main difference between a stock company and a mutual company is the ownership structure. Stock companies are owned by shareholders while mutual companies are owned by policyholders.
The primary goal of a stock company is to maximize profits for shareholders, while the primary goal of a mutual company is to provide benefits to its policyholders.
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What has Amazon done to change customers' delivery expectations? Multiple Choice a arranged phone calls to alert customers of changes in delivery times
b delivered slower to homes than to retail outlets c used their own delivery vehicles d instituted an expedited shipping subscription service
e developed Just-in-time delivery
Answers
Amazon has instituted an expedited shipping subscription service. Th correct answer is option (d).
Amazon has introduced its Prime subscription service, which offers free two-day shipping on eligible items, as well as other benefits such as access to streaming video and music content. This has changed customers' delivery expectations by setting a new standard for fast and convenient shipping.The Prime subscription service has been so successful that Amazon has continued to expand it with new features, such as same-day delivery, one-day delivery, and even two-hour delivery in select areas. Hence, the right answer is option (d).
By offering these options, Amazon has raised the bar for what customers expect from online retailers when it comes to delivery speed and convenience.In addition to the Prime subscription service, Amazon has also used their own delivery vehicles (option c) to improve their delivery times and reliability. They have also developed Just-in-time delivery (option e), which is a logistics strategy that involves delivering products to customers only when they are needed, reducing the need for excess inventory and storage space.
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Multiple choice-- finances/economics-- help!
Joseph wants to invest money for a very long time. He doesn’t need the money back within any specific timeframe. He would like a very low-risk investment because he doesn’t want to lose any money. Which type of investment will BEST fit Joseph’s needs?
Group of answer choices
certificate of deposit
bond
401k
money market mutual fund
Answers
Answer:
certificate of deposit.
Explanation:
Monetary policy can be defined as the actions (macroeconomic policies) adopted and undertaken by the central bank of a particular country to control the money supply and interest rates so as to boost or enhance economic growth. The central bank uses monetary policies to manage inflation, economic growth through long-term interest rates and level of unemployment in a country. In order to boost economic growth, monetary policy is used to increase money supply (liquidity) while it is also used to prevent inflation by reducing money supply.
Generally, money supply comprises of checks, cash, money market mutual funds (MMF) and credit (mortgage, bonds and loans).
In this scenario, Joseph wants to invest his money for a very long time and would like a very low-risk investment because he doesn’t want to lose any amount of money. Thus, the type of investment which will best fit Joseph’s needs is a certificate of deposit.
A bank certificate of deposit (CD) can be defined as a secured form of time-bound deposit and a special low-risk savings account, wherein money (lump-sum) are left with the bank for a specific period of time in exchange for an interest rate premium.
Generally, a certificate of deposit pays a higher interest rate to its holder than the regular savings account because the banks invest the money in a business.
Additionally, a bank certificate of deposit is protected and insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000, eliminating the chance of a holder such as Joseph to lose any money.
Answer: it is NOT certificate of deposit
Explanation:
Just used that on the test and it was wrong
The opportunity cost of watching a movie will be equal to;
А) The time lost while watching the show
B)The pleasure that could have been enjoyed watching TV instead
С )The pleasure enjoyed by watching the show
D) The amount paid to buy the tickets
Answers
Answer:
А) The time lost while watching the show
Explanation:
Opportunity cost is the value of the next-best alternative when a decision is made; it's what is given up.
A and D seems correct, but the wording on D makes A the better answer.
JohnBoy Industries has a cash balance of $42,000, accounts payable of $122,000, inventory of $172,000, accounts receivable of $207,000, notes payable of $117,000, and accrued wages and taxes of $35,500. How much net working capital does the firm need to fund?
Answers
The net working capital the firm needs to fund is $146,500. It is important for a company to have a sufficient amount of Net Working Capital to run its business smoothly. Inadequate working capital may lead to financial problems and may hinder the growth of the company.
Net Working Capital refers to the difference between the assets and the liabilities of a company. In other words, it is the amount of funds required by a company to operate its business smoothly. It is the amount of money required by a business to meet its financial obligations. It helps in the efficient functioning of a business. It is the difference between current assets and current liabilities.
Given,
Cash balance = $42,000
Accounts payable = $122,000
Inventory = $172,000
Accounts receivable = $207,000
Notes payable = $117,000
Accrued wages and taxes = $35,500
Net Working Capital (NWC) = Current Assets - Current Liabilities
Current Assets = Cash balance + Inventory + Accounts receivable
= $42,000 + $172,000 + $207,000
= $421,000
Current Liabilities = Accounts payable + Notes payable + Accrued wages and taxes
= $122,000 + $117,000 + $35,500
= $274,500
Net Working Capital (NWC) = $421,000 - $274,500
= $146,500
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why is it important to be a good communicator for a successful future?
Answers
Answer:
Explanation:
Being an excellent communicator can help you land that first job in your new career and ensure a positive future. It can separate you from other applicants, help you be a more effective employee and serve as a stepping stone to leadership responsibilities and career advancement.
What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Answers
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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Which of the following is not included in a corporation's annual report? The reporting firm's financial statements for the fiscal year. The report of the external auditor's examination of the financial statements. Notes to the financial statements and key financial data for at least the past five years. A detailed Management's Discussion and Analysis section. All of the above are included in a corporation's annual report.
Answers
The correct answer is: "All of the above are included in a corporation's annual report." All the options listed are typically included in a corporation's annual report. Let's go through each of them:
The reporting firm's financial statements for the fiscal year: The annual report includes the financial statements, such as the income statement, balance sheet, and cash flow statement, which provide a comprehensive overview of the company's financial performance and position.
The report of the external auditor's examination of the financial statements: The annual report includes the auditor's report, which provides an independent assessment of the fairness and accuracy of the financial statements. This report is conducted by an external auditor to enhance the credibility and reliability of the financial information presented.
Notes to the financial statements and key financial data for at least the past five years: The annual report typically includes detailed notes to the financial statements, which provide additional explanations and disclosures about specific items in the financial statements. It may also include key financial data, such as historical financial performance, trends, and ratios, for at least the past five years. These sections provide further context and analysis of the company's financial information.
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