Answer: $33,000
Explanation:
The Raw Materials balance included both direct and indirect materials so the ending raw material inventory balance would be;
= Beginning balance + Raw materials purchased - direct materials used - indirect materials used
= 22,000 + 165,000 - 141,000 - 13,000
= $33,000
Answer:
The maximum capital budget that is consistent with maintaining the target capital structure is $785,714
Explanation:
The computation of the maximum capital budget is shown below:
= Net income × (debt percentage ÷ equity percentage)
= $550,000 × (30% ÷ 70%)
= $235,714
The net income would be equal to equity i.e $550,000 as it reflect the maximum amount
So, the total and maximum amount of the capital structure would be
= $550,000 + $235,714
= $785,714
Answer:
The correct answer is "Financial forecast"
Explanation:
Financial forecast: "Prospective financial statements that present, to the best of the responsible party's knowledge and belief, a company’s expected financial position, results of operations, and cash flows".
<span>The action in 2008 in which milk prices increased and one milk consumer stated that the reason he cut down on milk consumption is so that he could drive his car represents </span>movement along the demand curve for milk.
<span>Movement along the demand curve usually occurs when the manufacturer raises or lowers the price of the product.</span>
School rules and government rules are very similar, some similarity are no steeling and drugs and an average high school with no rules would be chaotic.
