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4 years ago

Scrubber, Inc, presented the following information in a note to its financial statements for the year ending December 31, 2016.

Business

1 answer:

Reil [10]4 years ago

7 0

Answer:

Yes, the cash balance is less than $75,000

Explanation:

a. b

Current ratio is more than required : No violation

Debt to equity ratio is less than stated: No violation

Cash balance as per books exceed 75000 but as per bank book less: violation

(As per bank reco the amount is different as company may not recorded bank charges and expenses as reflected in bank statement.

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Joel is writing an email to a paper company to check the status of an order. Which sentence shows that Joel is following the pro

Stels [109]

Would you mind giving us the status(of the delivery,that is)of glossy paper,which we ordered

8 0

3 years ago

Suppose that there are small, but nontrivial, barriers to entry into

Fudgin [204]

Answer:

Firms make normal profits

Explanation:

Monopolistic competition is characterized by many firms selling similar but differentiated products. Each firm sets its price because they sell slightly different products. There are insignificant or no barriers to entry or exit in a monopolistic competition.

It is possible to make abnormal profits in monopolistic competition in the short run. Due to ease of entry and exit, a firm with abnormal profits will face competition from new entrants. In the long-run, no firm will dominate the market, which means all firms will be making normal profits.

3 0

3 years ago

Anson Apparel's marketing message in the United States is one of apparel for the rugged man who spends most of his time outdoors

crimeas [40]

Answer:

Customer landscape: customers' habits, values and preferences related to rugged men. Market landscape: apparel alternatives available in the Chinese market; share market distribution; competitors brand positioning.

Explanation:

The marketing message is the result of marketing strategy based on situational conditions of the company in the US, that market is different from the Chinese market so that the strategic analysis could find as a result a different message more appealing for rugged men in China.

8 0

3 years ago

Consider the market for meekers in the imaginary economy of Meekertown. In the absence of international trade, the domestic pric

LenKa [72]

Answer:

Export

True

False

True

Explanation:

Free trade is a form of trade policy where there are no restrictions to imports or exports of goods and services.

The price of meekers is $30 in Meekertown and $40 In the world. Because meeker's are cheaper in Meekertown, it means that Meekertown is efficient in the production of meekers. As a result, they would export meekers to the rest of the world. It would be cost efficient for the rest of the world to import from Meekertown.

Consumers in Meekertown are worse of because of the trade because the price of Meekers would rise.

Producers are better off because they would earn more profits from the sale of Meekers at the world price.

Free trade increases total surplus because of efficient production. If a country is inefficient in production, it would import . This would increase consumer surplus and if it is efficient in production, it would export increasing producer surplus.

I hope my answer helps you

7 0

4 years ago

Cusic Music Company is considering the sale of a new sound board used in recording studios. The new board would sell for $24,600

lapo4ka [179]

Answer:

the annual Operating Cash Flow (OCF) for the project (new board only) is $18,433,121

Explanation:

Sales = sale of new board = $24,600 x 1,630 = $40,098,000

Expenses = variable cost + fix cost - loss of current sales = 52% x $40,098,000 + $3,225,000 - $23,000 x (1,980-1,650) = $16,485,960

EBIT = Sales - expenses - depreciation

= $40,098,000-$16,485,960-$1,095,000 = $22,517,040

OCF = EBIT - tax paid + depreciation

=$22,517,040 - 23%x$22,517,040+$1,095,000 = $18,433,121

4 0

3 years ago