Answer:
Explanation:
Public relations refer to the different type of activities conducted by a company to promote and protect the image of the company, its products and policies in the eyes of the public. Public relation is an important element in the promotion mix.
Acid test or quick ratio is the liquidity ratio that is most stringent because it
eliminates inventory in its measurement.
Acid test ratio can be calculated by:
<u>Current assets - inventory</u>
current liabilities
Acid test ratio eliminates the inventory which is the least liquid asset from
current assets. This ratio help companies determine how fast it can convert
its assets into cash in order to take care of its liabilities.
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Answer:
Stock split can be understood as an addition of more outstanding shares to the existing shareholders. It is generally done when a company experiences an increase in the price per share.
Explanation:
A stock split, in most common languages, can be understood as a splitting of the outstanding shares because of the price rise in these shares. This splitting of shares is done by the board of directors of the company to increase the number of shares. The most important reason is to make the shares affordable to the investors and not influencing the capital of the company. The stock split usually happens when any company experiences an increase in the per-share price and when it is found that the price has increased beyond the estimated limit of the company or is higher compared to similar other companies in the same market.
Answer:
$35.63
Explanation:
The formula for predetermined overhead ate is
= Predetermined fixed overhead rate ÷ Predetermined variable overhead rate
Where;
Predetermined fixed overhead rate = (Fixed overhead cost ÷ Estimated direct labor)
= $1,006,164 ÷ 34,200
= $29.42
But the predetermined variable overhead is $6.21 per machine hour
Therefore, the predetermined overhead rate is
= $29.42 + $6.21
= $35.63