Answer:
The answer is C.
Explanation:
Current ratio shows the liquidity of of a company. This ratio tells us how a company or business is able to meet its short obligation.
This ration is very important to lenders because they use it to know of you will be able to meet the interest payment and principal
The formula for current ratio is:
Current assets/current liabilities
Total current assets is $493,000, Total current liabilities is $357,000
= $493,000/$357,000
=1.38
Answer:
Operations management is relevant to improve the overall productivity in an organization as it involves working with all departments in the organization.
Explanation:
Operations management involves <u>planning, organizing and controlling the production processes by which raw materials are converted into valuable goods and services to be distributed to customers.</u>
An operations manager works with managers in other organizational functions to <u>improve the overall productivity in the organization.</u>
He or she maintains contact with; the financial manager to agree on the budget needed for production, the purchasing manager to determine what raw materials will be purchased for production, the personnel manager to sort out the human resources required for the production process, and the marketing manager to ensure that customer needs are taken into consideration when producing goods and services.
Answer:
485,000 units
Explanation:
The computation of the number of units manufactured is shown below:
= Number of units sold + ending finished goods units - beginning finished goods units
= 515,000 units + 87,000 units - 57,000 units
= 485,000 units
Basically we added the ending finished goods units and deduct the beginning finished goods units to the number of units sold
Answer:
When we get too hot, sweat glands in the skin release more sweat. The sweat evaporates, transferring heat energy from the skin to the environment.
FOB shipping point
Explanation:
FOB affects the buyer's inventory cost adding liability for shipped goods increases inventory costs and reduce net income.
