Answer:
The correct answer is C.
Explanation:
Giving the following information:
Costs associated with the alternatives are listed below.
Alternative X
Materials costs $ 41,000
Processing costs $ 45,000
Equipment rental $ 17,000
Occupancy costs $ 16,000
Alternative Y
Materials costs $ 59,000
Processing costs $ 45,000
Equipment rental $ 17,000
Occupancy costs $ 24,000
Only Material Costs are relevant because they vary whether you chose Alternative X or Y. Processing costs are the same in both options.
Answer:
(a) $5,690
(b) $380
Explanation:
Given that,
current assets = $2,090
Net fixed assets = $9,830
Current liabilities = $1710
Long-term debt = $4520
Total assets:
= Current assets + Net fixed assets
= $2,090 + $9,830
= $11,920
Total Liabilities:
= Current Liabilities + Long-term Debt
= $1710 + $4520
= $6,230
(a) Total assets = Total liabilities + Stockholder's equity
$11,920 = $6,230 + Stockholder's equity
$11,920 - $6,230 = Stockholder's equity
$5,690 = Stockholder's equity
(b) Net working capital:
= Current assets - Current liabilities
= $2,090 - $1,710
= $380
Answer:
C
Explanation:
Mandatory or discretiinary
A mandatory dependency is one that must happen at a particular time. It is usually requirement of some kind based on contracts, laws, company procedures, physical limitations, etc. When the sequence of events is developed for various aspects of the process, mandatory dependencies are placed where they must happen.
A discretionary dependency is one that isn't based on a must, but on a should. These decisions are usually based upon best practices, business knowledge, preferences etc.When the sequence of events is developed they are placed where the team members would like them to occur
1. The Party ordered to pay a draft is the <u>drawee</u>
2. Instruction that directs a bank not to pay a check that has been lost or stolen is a <u>stop payment order</u>.
3. Party to whom commercial paper is made available is the <u>payee</u>.
4. Unconditional written order by one person that directs another person to pay money to a third person is a <u>bill of exchange.</u>
5. Type of draft by which a bank depositor orders the bank to pay money, usually to the order of a third party or to the bearer of the instrument is a <u>check</u>.
6. Person who executes or draws the draft and orders payment be made is the <u>drawer</u>.
7. The drawee's promise to pay the draft when due is called <u>acceptance</u>.
8. Unconditional written orders or promises to pay money are called <u>commercial paper.</u>
9. To refuse to pay when due is called <u>dishonor</u>.
10. The person who executes a promissory note is the <u>maker</u>.
The answer is A.
CD(<span>Certificate of Deposit)</span> is similar to a saving account, but it has additional perks. There is a minimum amount of money you have to deposit and you have to deposit that money for a certain amount of time (term). CDs have better interest rate than savings accounts, but if you withdraw your money before the term you pay penalties.
This makes them a good option for people have some extra money that they won't need in a near future.
