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2 years ago

China's steel industry:___________

Business

2 answers:

Natasha2012 [34]2 years ago

5 0

B

Chinas steel industry has grown rapidly in recent decades

Ronch [10]2 years ago

4 0

Answer:

Explanation:

If I'm not wrong, their steel industry is still growing due to the inputs of iron ore and coal.

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The following December 31, 2021, fiscal year-end account balance information is available for the Stonebridge Corporation:

Dvinal [7]

Answer:

1. $132,600

2. $7,700

3. $25,600

Explanation:

1. Calculation to determine Total current assets

First step is to calculate the Current liabilities using this formula

Current liabilities = salaries payable + accounts playable + accrued interest

Let plug in the formula

Current liabilities= 19000 + 58000 + 1000

Current liabilities= 78000

Now let calculate the Total current assets using this formula

Total current assets = current ratio * current liabilities

Let plug in the formula

Total current assets = 1.7* 78000

Total current assets = $132,600

Therefore Total current assets is $132,600

2. Calculation to determine Short-term investments

Using this formula

Short term investments = Current assets - [cash + accounts receivables + inventory]

Let plug in the formula

Short term investments = 132,600 - [6900 + 39,000 + 79,000]

Short term investments = $7,700

Therefore Short term investments will be $7,700

3. Calculation to determine the Retained earnings

Using this formula

Current assets + fixed assets = Current liabilities + Long term liabilities + paid in capital + retained earnings

Let plug in the

132,600 + 215,000 = 78,000 + 49,000 + 195,000 + Retained earnings

347,600 = 322,000 + retained earnings

Retained earnings = 347,600 - 322,000

Retained earnings = $25,600

Therefore Retained earnings will be $25,600

8 0

3 years ago

A sentence that summarily describes the target market and defines what a company wants customers to think about its brand is the

MaRussiya [10]

This is called a Positioning Statement

6 0

2 years ago

Soap Company manufactures soap X and soap Y and can sell all it can make of either. Hours available to produce the products are

Nastasia [14]

Answer:

It would take 162 minutes to make one unit of product X.

Explanation:

Giving the following information:

Hours available to produce the products are the constrained resources.

Soap could reduce the processing time for X by 10 percent.

X Y

Sales Price $20 $25

Variable Cost 14 15

Hours needed to process 3 5

First, we need to determine the number of minutes required to make one unit of Product X under the new method:

Number of minutes required= (3*60)*0.9= 162 minutes.

It would take 162 minutes to make one unit of product X.

B) False. The contribution margin per hour of Product B is higher than product Y.

C) False. The contribution margin per hour of $2 was before the improvement in product X.

D) False. Product Y has a higher contribution margin per unit but lower compared to the contribution margin per hour.

6 0

3 years ago

Which of these bottled water brands is produced by the makers of coca-cola?

katovenus [111]

The answer to this question is DASANI
the makers of coca cola was interested in entering bottled water brands after seeing the success of Aquafina (which was produced by coca cola's rival)
 between May 2014 and 2015 alone, DASANI managed to achieve impressive sales of 1.05 Billion dollar

8 0

3 years ago

Weekly Company gathered the following information for the year ended December 31:Direct labor cost incurred for the year$ 180 c

Mashcka [7]

Answer:

predetermined manufacturing overhead rate $1.23

Explanation:

$\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate$

We will distribute the expected overhead cost along a cost driver.

In this case we are asked to use direct labor cost:

estimated overhead 270,300

estimated labor 219,800

overhead rate = 270,300 / 219,800 = 1,229754 = 1.23

7 0

3 years ago