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4 years ago

If a firm has a lot of net cash flow does that mean the firm's balance sheet must be high

1 answer:

4 0

<span>No, it does not. That money could go to other places beside the balance sheet. The business might have prepaid expenses or existing debt, which could siphon off a portion of their net income, leaving their balance sheet much lower.</span>

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If lucinda has only $18 to spend and the price of kewpie dolls and the price of beanie babies are both $6, how many of each woul

Step2247 [10]

<span>Lucinda could buy either 2 kewpie dolls and 1 beanie baby, or 1 beanie baby and 2 kewpie dolls at $6 a piece if she has $18. Rationally, Lucinda would want at least one of each toy. Whether she went with the first or second option the amount she would spend would be as follows: $6Ă—3 toys=$18.</span>

6 0

4 years ago

William is a single writer (age 35) who recently decided that he needs to save more for retirement. His 2020 AGI before the IRA

andrey2020 [161]

Answer: $6,000

Explanation:

As per IRS deduction rules in 2020, the maximum deductible IRA contribution for a person who does not participate in an employer-sponsored plan is $6,000.

That is therefore the maximum deductible that William can make in this scenario.

4 0

3 years ago

BE10.4 (LO 2), AP Gundy Company expects to produce 1,200,000 units of Product XX in 2020. Monthly production is expected to rang

WINSTONCH [101]

Answer:

80,000 units 100,000 units 120,000 units

Variable cost $1,520,000 $1,900,000 $2,280,000

Total costs $1,820,000 $2,200,000 $2,580,000

Explanation:

Activity Level

Finished Units 80,000 units 100,000 units 120,000 units

Variable Costs:

Direct Materials(Units × $5) $400,000 $500,000 $600,000

Direct Labor(Units × $6) $480,000 $600,000 $720,000

Overhead (Units × $8) $640,000 $800,000 $960,000

Total Variable Costs $1,520,000 $1,900,000 $2,280,000

Fixed Costs

Depreciation $200,000 $200,000 $200,000

Supervision $100,000 $100,000 $100,000

Total Fixed Costs $300,000 $300,000 $300,000

So, Total costs $1,820,000 $2,200,000 $2,580,000

( Variable + Fixed)

4 0

3 years ago

Suppose that a company needs 1,500,000 items during a year and that preparation for each production run costs $900. Suppose also

elena-s [515]

Answer:

30,000 units

Explanation:

According to the inventory cost model, the production run size that minimizes costs is given by:

$P = \sqrt{\frac{2*D*S}{H}}$

Where D is the annual demand (1,500,000 items), S is the cost of each production run ($900) and H is the holding cost per unit ($3). Applying the given data:

$P = \sqrt{\frac{2*1,500,000*900}{3}}\\P=30,000\ units$

Each production run should consist of 30,000 units.

7 0

3 years ago

Susie has lost her job in a Vermont textile plant because of import competition. She intends to take a short course in electroni

pentagon [3]

Answer:

Seasonal Unemployment

Explanation:

Susie is going through an unwanted unemployment that is caused by the economic changes. This kind of unemployment is called seasonal unemployment. It is caused by the changes that are occurring in the economy due to which certain skills or tasks are being replaced or not required anymore.

Susie is going to change her economic surrounding to fit in better now with the kind of skill set she plans on developing.

4 0

3 years ago