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Bas_tet [7]
3 years ago
13

A review of Munchen Corporation's financial statements reveals the following information: cost of goods sold: $100,000; decrease

in inventory: $5,000; increase in accounts payable: $10,000. Cash paid to suppliers was _________.
Business
1 answer:
drek231 [11]3 years ago
8 0

Answer:

The Cash paid to suppliers was $85,000

Explanation:

Data provided in the question:

Cost of goods sold = $100,000

Decrease in inventory = $5,000

Increase in accounts payable = $10,000

Now,

Cash paid to suppliers will be

= Cost of goods sold - Decrease in inventory - Increase in accounts payable

= $100,000 - $5,000 - $10,000

= $85,000

Hence,

The Cash paid to suppliers was $85,000

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You own a stock portfolio invested 20 percent in Stock Q, 30 percent in Stock R, 15 percent in Stock S, and 35 percent in Stock
PilotLPTM [1.2K]

Answer:

Portfolio Beta = 1.333

Explanation:

The portfolio beta is the function of the weighted average of the individual stock betas that form up the portfolio. The beta is the measure of the responsiveness of the stock in comparison  with the market for any change happening in the market or due to systematic risk. We can calculate the portfolio beta as follows,

Portfolio Beta = wA * Beta of A  +  wB * Beta of B + ... + wN * Beta of N

Where,

  • w refers to the weight of each stock in the portfolio

Portfolio Beta = 0.2 * 0.75  +  0.3 * 1.9  +  0.15 * 1.38  +  0.35 * 1.16

Portfolio Beta = 1.333

7 0
3 years ago
If a purely competitive firm is currently facing a situation where the price of its product is lower than the average variable c
Daniel [21]

Answer: B) the firm will shut down in the short run, but stay in the industry in the long run if it expects the product price to rise high enough soon.

Explanation:

If a purely competitive firm is currently facing a situation where the price of its product is lower than the average variable cost, but it believes that the market demand for its product will increase soon, then the firm will shut down in the short run, but stay in the industry in the long run if it expects the product price to rise high enough soon.

7 0
3 years ago
Read 2 more answers
The law of supply:
Vlad [161]

Answer:

The law of supply reflects the amount that producers will want to offer at each price in a series of prices.

Explanation:

The law of supply determines that the quantity offered of a good increases as its price increases, keeping the remaining variables constant. The quantity offered is directly proportional to the price.

Specifically, it determines the amount of a particular good or service that is offered by the producers taking into account its price. Usually the relationship between this quantity and the price variable will be direct or positive, unlike in the demand law.

8 0
3 years ago
a sound pulse takes 0.06s to reach the far end of the room and come back. what is the length of the room if the speed of sound i
lesya692 [45]
The answer is 5500 hope it helps
6 0
3 years ago
In January of this year, Amazon bought a machine for $220,000. The machine has a useful life of 10 years and a salvage value of
Step2247 [10]

Answer:

Depreciation expense for May $1000

Explanation:

The depreciation expense is the systematic allocation of the cost of asset over the estimated useful of the asset. The units of production method of depreciation allocates the depreciation based on the level of activity for which the asset is used in a particular year divided by the activity expected throughout the useful life of the asset.

The depreciation is calculated as follows,

Depreciation expense = (Cost - Salvage value) * Activity in units for the period/Activity in units over the total estimated useful life of the asset

Depreciation expense - May = (220000 - 60000) * 5000/800000

Depreciation expense - May = $1000

4 0
3 years ago
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