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2 years ago

Determine if the statement is true or false.

Business

1 answer:

o-na [289]2 years ago

4 0

That statement is true

In united states, there are only two things that considered as a primary source of criminal law.

The first one is the court ruling that is made by both state and supreme courts. The second one is the legislation that are passed by the representatives in state and federal government.

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Managers should avoid satisficing in the ____ stage of the managerial decision-making process.

kap26 [50]

The answer is selecting an alternative. It is because it is not always satisfying or a guarantee of using an alternative in the stage of managerial decision making process because sometimes it won’t suit or will be helpful in solving the problem.

7 0

3 years ago

3M Co. reports beginning raw materials inventory of $930 million and ending raw materials inventory of $880 million. 3M purchase

Naddik [55]

Answer:

raw material inventory turnover = 4.42

number of days sale in raw materials inventory = 21.97

Explanation:

given data

beginning inventory = $930 million

ending inventory = $880 million

purchased raw materials = $3,956 million

used raw materials = $4,006 million

solution

we get here first raw material inventory for turnover that is

raw material inventory turnover = $\frac{raw\ material\ used}{average\ raw\ material}$ ..............1

here average raw material inventory = $\frac{930+880}{2}$

average raw material inventory = $905 million

so from equation 1

raw material inventory turnover = $\frac{4006}{905}$

raw material inventory turnover = 4.42

and

now number of days' sales in raw materials inventory will be as

number of days sale in raw materials inventory = $\frac{ending\ raw\ material\ inventory}{raw\ material\ used}$ × 365 .............2

put here value

number of days sale in raw materials inventory = $\frac{880}{4006}$ × 365

number of days sale in raw materials inventory = 21.97

8 0

3 years ago

Selected transactions for A. Mane, an interior decorator, in her first month of business, are as follows.

Verizon [17]

Answer:

Please see below

Explanation:

Jan 2.

Dr Cash $13,100

Cr Owner equity $13,100

(Being owner's capital contribution to the business in form of cash)

Jan 3.

Dr Vehicle $3,930

Cr Cash. $3,930

(To record the purchase of used car in form of cash)

Jan 9

Dr Supplies. $655

Cr. Accounts payable $655

(To record supplies purchased on account )

Jan 16

Dr Account receivable $3,144

Cr Revenue $3,144

(Being the record of revenue earned on credit)

Jan 16

Dr Advertising expenses $459

Cr Cash $459

(Being the record of advertising expenses paid in cash)

Jan 20

Dr Cash. $917

Cr Account receivable $917

(Being the record of partial collection receivables)

Jan 23

Dr Account payables $393

Cr Cash $393

(Being the record of payment made to creditors)

Jan 28

Dr. Owner equity $1,310

Cr. Cash $1,310

(To record owner's withdrawal of capital in form of cash)

4 0

2 years ago

You want your portfolio beta to be 0.90. Currently, your portfolio consists of $4,000 invested in stock A with a beta of 1.47 an

Tatiana [17]

Answer:

31.47%

Explanation:

Total investment = 4000 + 3000 +9000 = $16,000

% of investment in A = 4000/16000 = 25%

% of investment in B = 3000/16000 = 18.75%

% of investment in Asset beta and risk-free asset = 100% - 25% -18.75% = 56.25%

Let the % of investment in asset with beta of 1.74 is A, % of investment in risk free asset is B.

We have the following simultaneous equations:

0.9 = (0.25 x 1.47) + (0.1875 x 0.54) + (A x 1.74) + (B x 0)

A+B = 56.25%

From the first equation, we get A = 24.78%

--> B = 56.25% - 24.78% = 31.47%

*** Note: Portfolio beta is the weighted sum of individual asset betas, according to the proportions of the investments in the portfolio

*** Note: Beta of risk free asset is 0

6 0

3 years ago

Bryce Co. sales are $801,000, variable costs are $465,100, and operating income is $287,000. What is the contribution margin rat

KATRIN_1 [288]

Answer:

Contribution margin ratio= 0.42

Explanation:

Giving the following information:

Bryce Co. sales are $801,000

Variable costs are $465,100

Operating income is $287,000.

<u>To calculate the contribution margin ratio, we need to use the following formula:</u>

contribution margin ratio= (sales - variable cost) / sales

contribution margin ratio= (801,000 - 465,100) / 801,000

contribution margin ratio= 0.42

8 0

3 years ago