Answer:
a. Balance Sheet
Explanation:
The balance sheet reports the total assets, total liabilities and stockholder equity.
The total asset is comprised of the current asset, fixed assets, and the intangible asset
The total liabilities comprise of current liabilities and long term liabilities
The aim to make the balance sheet is to analyze the liquidity, financial performance, position of the company
Whereas the cash flow statement shows the inflow and outflow of cash and the income statement records total revenues and total expenditures.
Answer:
1)Price has decreased and the effect on quantity cannot be determined
Explanation:
As of good rainfall there is a rise in supply of canola that means the shifting o feh supply curve could be right also the demanded for the vegetable oil would decline that means the demand is falling so the demand curve would shift to the left
Therefore, the equilibrium would fall but it is unable to figure out whether the quantity would rise or not without considering the elasticities of the demand and the supply curve
Hence, the correct option is 1
Answer:
"E "
Explanation:
Just in time inventory is an inventory management system where inventory required for production are ordered at the point of production.
This practice helps to maximize profit as investment on inventory carriage and storage are minimized , aiding an improved working capital management.
It is of importance that machine break down is avoided and there is a reliability of man power in order to avoid operation down time when there is a demand.
Also , there must be a solid arrangement with supplier for it to be effective.
Most trade is due to the comparative advantage of an organization's ability to produce a good or service with lower marginal cost and opportunity cost.
As an example, we can cite trade between Africa and the United States, where Africa markets agricultural products such as corn and citrus to the US, and the US markets technological products such as computers to Africa.
Therefore, companies will use comparative advantage to acquire goods and services at lower prices than other competitors.
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Answer:
Applet's flexible budget variance for total costs is $5,140 unfavorable variance since actual is higher than budgeted cost
Explanation:
Flexible budget variance for total costs=actual total costs-budgeted total costs of 72 connectors
actual total costs of 72 connectors=$19,000
budgeted total costs of 72 connectors=budgeted fixed cost+budgeted total variable cost of 72 connectors
total budgeted variable cost=72*$130=$ 9,360.00
budgeted fixed cost is $4,500
Budgeted total costs of 72 connectors=$9,360.00+$4,500.00=$ 13,860.00
Flexible budget variance =$ 13,860.00-$19,000.00=$5140 unfavorable variance