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3 years ago

Which is the most accurate definition of bankruptcy?

Business

1 answer:

azamat3 years ago

3 0

c. you legally declare you can't pay your bills

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The understatement of the ending inventory balance causes:

Nina [5.8K]

Answer: The correct answer is "E. Cost of goods sold to be overstated and net income to be understated.".

Explanation: The understatement of the ending inventory balance causes:

Cost of goods sold to be overstated and net income to be understated.

8 0

3 years ago

Hayden, a buyer for a medium-sized company, is assessing the value of competing software products for use in his firm. Which of

sveta [45]

Answer: A. Speech of delivery

Explanation:

When buying things like software, there are certain things that will determine the value apart from the monetary price. These include the ease of installation and the availability of training assistance.

With ease of installation, the fundamental question is if the software is easy or complicated to install. The easier it is the better. Also is there someone who can help the users be able to master the features of the software. This is availability of training assistance.

Now while speech of delivery can help in convincing Hayden to buy from a particular shop, it does not contribute to the value of the software.

6 0

3 years ago

If people's trust in the banking system is reduced due to a surge in bank failures, the money expansion resulting from a new dep

rewona [7]

Answer:

b) decline

Explanation:

If people's trust in the banking system is reduced due to a surge in bank failures, the money expansion resulting from a new deposit will decline. This happens because people lost trust and hastily withdrawn their money deposited with the bank.

4 0

3 years ago

Margie Company produces a single product and has provided the following data concerning its most recent month of operations: Sel

DiKsa [7]

Answer:

$225,400

Explanation:

The computation of total contribution margin under variable costing is shown below:-

Sales (4900 × $88) $431,200

Less:Variable cost

Direct material (4900 × $12) ($58,800)

Direct labor (4900 × 23) ($112,700)

Variable manufacturing overhead

(4900 × 2) ($9,800)

Variable selling and administrative

expenses (4900 × $5) ($24,500)

Total variable expenses ($205,800)

Contribution margin $225,400

Therefore the total contribution margin under variable costing is $225,400

6 0

3 years ago

Alyeski Tours operates day tours of coastal glaciers in Alaska on its tour boat the Blue Glacier. Management has identified two

Ostrovityanka [42]

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

7 0

3 years ago