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3 years ago

A current liability is a debt that can reasonably be expected to be paid

Business

1 answer:

krok68 [10]3 years ago

5 0

Answer: Option A

Explanation: In simple words, current liabilities refers to the obligations that are risen due to borrowings made for uses that were short term or non repetitive.

The liquidity of a company is a measurement of its ability to pay short term debt. The current liabilities are either paid in a year or in an operating cycle whichever is longer.

Hence the correct option is A.

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Beck Manufacturing reports the following information in T-accounts for the current year. Raw Materials Inventory Debit Credit Be

erastovalidia [21]

Cost of goods manufactured is $131,000 and Cost of goods sold is $129,000.

Cost of goods manufactured

Particulars Amount

Direct Material:

Beginning Inventory of Raw Material $10000

Add: Purchase of raw material $45000

Raw material available for use $55000

Less: Ending inventory of Raw material ($8500)

Direct Material used $46500

Direct labor $27500

Factory Overhead $55000

Total manufacturing Cost $129000

Add: Beginning inventory of WIP $14000

Total cost of WIP $143000

Less: Ending Inventory of WIP ($12000)

Cost of goods Manufactured $131000

Cost of goods sold for the year:

Particulars Amount

Beginning stock of finished goods $16000

Cost of goods manufactured $131000

Goods available for sale $147000

Ending stock of Finished goods ($18000)

Cost of goods sold $129000

Read more about Cost of goods sold

brainly.com/question/24561653

4 0

2 years ago

• Land

Dafna1 [17]

B. I hope this helps.

8 0

3 years ago

German and Japanese firms are viewed as having a _____ advantage in exporting compared to U.S. firms.

e-lub [12.9K]

Answer:

bigger is the correct answer.

Explanation:

4 0

2 years ago

Why might a person assume the Mr. White could be doing well financially

defon

$\huge\color{purple}{\mathbb{ANSWER:}}$

Mr. White was the third and final owner of the talisman in W. W. Jacobs' short story "The Monkey's Paw." He plucked it from the fireplace when the previous owner, Sergeant Major Morris, tossed it there to burn and end the chain of misfortune that came with it. He is motivated mostly by curiosity, since he seems happy with his life and is financially secure.

Mr. White took the paw from his pocket and eyed it dubiously. "I don't know what to wish for, and that's a fact," he said slowly. "It seems to me I've got all I want."

<h2>Hope it helps!! </h2>

4 0

3 years ago

Which of the following statements about business processes is not true?Question 3 options:A) Business processes are a collection

natali 33 [55]

Answer:

Explanation:

The information system is very important in business processes because help managers in efficient decision making to achieve the organizational goals.

An organization will be able to survive and thrive in a highly competitive enviroment on the strength of a well desing information system.

Helps in making right decisions at the right time, or just in time. A good information system may be utilized by managers in unusual situations.

It is viewed as a process, it can be integrated to formulate a strategy of action or operation.

8 0

3 years ago