Answer:
Distinguish between an absolute advantage and a comparative advantage is discussed below.
Explanation:
Absolute advantage and a comparative advantage
- Absolute advantage concentrates on the marginal cost of reproduction of an asset whereas comparative advantage characteristically concentrates on the opportunity cost of production.
- Trading judgments based on comparative advantage between nations are forever respectively advantageous.
Answer:
The amount of cash received by the magazine company as advance payments from customers during the year 2013 must have been $14,400.
Explanation:
Let cash received from customers be x
:
$12,700 + x - $14,800 = $12,300
x = $14,400
Therefore, The amount of cash received by the magazine company as advance payments from customers during the year 2013 must have been $14,400.
Answer:
($1,100,000)
Explanation:
Given that
Loans made to affiliated corporations = $1,400,000
Proceeds from sale of Equipment = $300,000
The computation of net cash provided (used) by investing activities is here below:-
Net cash provided(used) by investing activities = (Loans made to affiliated corporations) - Proceeds from sale of Equipment
= ($1,400,000) - $300,000
= ($1,100,000)
So, for computing the cash provided(used) by investing activities we simply applied the above formula.
Top down/bottom up budgets, lack of control, poor inventorying, lack of staff investment, over control are the least effective financial management practices in creating and monitoring an operating budget.
The operating budget includes the expenditures and revenues generated by the company's daily business functions. The operating budget focuses on operating expenses, such as the cost of goods sold in the market, also known as the cost of sold goods (COGS), and revenue or income. COGS is the cost of direct labor and direct materials used in the production process.
The operating budget also includes overhead and administration costs that are directly related to manufacturing goods and providing services. However, capital expenditures and long-term loans will not be included in the operating budget. Budgets for sales, production process or manufacturing, labor, overhead, and administration are a few examples of frequently utilized operating budgets.
Learn more about operating budget here:
brainly.com/question/14346551
#SPJ4
Answer:
The correct answer is D.
Explanation:
Giving the following information:
Quarter 1: 17,000;
Quarter 2: 15,000;
Quarter 3: 19,000;
Quarter 4: 21,000.
Company policy is to have a target finished-goods inventory at the end of each quarter equal to 25 % of the next quarter's sales.
2nd Q production:
Sales= 15,000
Ending inventory= 0.25*19,000= 4,750
Beginning inventory= (15,000*0.25)= (3,750)
Total= 16,000 units
