Answer:
Piper Rose Boutique should accept the special order made by the college
Explanation:
Price per unit the college is willing to pay = $6
Total variable cost per unit to be incurred by Piper Rose Boutique = Direct materials + Direct labor + Variable factory overhead = $2.00 + $0.50 + $1.50 = $4,00
Since the price per unit of $6 that the college is willing to pay is greater than the total variable cost per unit of $4 to be incurred by Piper Rose Boutique, Piper Rose Boutique should accept the special order made by the college.
Note: the Fixed factory overhead is not relevant in taking the decision. Only the variable costs are relevant.
Answer:
(a) 1.11
(b) 0.96
(c) 0.51
(d) Apple has more liquidity than HPQ.
Explanation:
(a) Current Ratio
:
Current ratio is a liquidity ratio, which measures the firm’s ability to pay off its short-term obligations.
Current Ratio = Current Assets ÷ Current Liabilities
Apple’s current ratio:
= $89.75 ÷ $80.59
= 1.11
(b) Quick Ratio
:
Quick ratio is more stringent measure of liquidity. It does not include inventory and other assets that are not liquid.
Quick ratio = (cash + marketable securities + receivables) ÷ current liabilities
Apple’s quick ratio:
= ($41.39 + $35.97) ÷ $80.59
= 0.96
(c) Cash ratio
Cash ratio is a conservative liquidity measure.
Cash ratio = (cash+ marketable securities) ÷ current liabilities
Apple’s cash ratio:
= $41.39 ÷ $80.59
= 0.51
(d) Apple has more liquidity than HPQ.
Though the current ratio of both the companies is the same, Apple has a higher quick ratio and cash ratio.
The reason is because HPQ has a high amount of inventory. Apple is more equipped to meet its short-term obligations.
The pursuit of only a singular<span>, </span>substantive goal often tends to support the choice of a competitive strategy<span>. True.</span>
Answer:
E) buyers and sellers being more interdependent.
Explanation:
The internet has completely changed our world in so many ways that few people could imagine that currently you can purchase Coke directly from a Coca Cola factory, you don't even need to go to a supermarket anymore (and the prices are lower). Slowly but steadily, intermediaries are being eliminated, anyone can remember how huge Sears, Kmart, JC Penny, Macy's were just 10 -15 years ago.
Now manufacturers try to sell their products directly or they use Amazon, Ebay or some other website. And customers like that because the prices are lower now. You can go to a Best Buy store and compare prices with Amazon, and if Amazon is cheaper, you leave the store and your TV arrives the next day.
Answer:
Jesus loves you have a blessed day!
Explanation: