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Mkey [24]
3 years ago
12

Laker Company reported the following January purchases and sales data for its only product.

Business
1 answer:
Varvara68 [4.7K]3 years ago
5 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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If i got my permit in december when can i get my license
ryzh [129]
Usually, you have to wait 6 months to get your license after you get a permit; if you get your permit in December you can get your license in June.  
3 0
3 years ago
Champion manufactures winter fleece jackets for sale in the United States. Demand for jackets during the season is normally dist
m_a_m_a [10]

Answer:

The question puts

Mean demand to be 20000

Standard deviation to be 10000

Storage cost = 60-30= 30

Excess cost to be 30+5-25 = 10

For shipping to south america

Excess cost = 30+5+5-35 = 5 dollars

A.

It is of more benefits to ship to south america because we have an excess cost of 5 dollars and excess clearance cost of 10 dollars

B.

Production and profitability are high for south america. Please check attachment for the calculations I added

C.

Number of units

27142-20000

= 7142 units.

5 0
3 years ago
The purposes of the statement of cash flows are to A. predict future cash flows. B. evaluate management decisions. C. determine
Temka [501]

Answer:

D. All of the above

Explanation:

A statement of cash flows is also known as cash flow statement and it is a financial statement which is used to illustrate how changes in income and various account of the balance sheet affect cash and cash equivalents.

The statement of cash flows is also used by financial experts or accountants to breakdown the cash-flow analysis into;

1. Cash-flow from operating activities: it represents cash-flow and transactions from operational business activities such as employee salary, sales of goods etc.

2. Cash-flow from investing activities: it represents the cash flow from investment such as proceeds from the sale of plant, equipments etc.

3. Cash-flow from financing activities: it represents the cash flow from debt or equity. Basically, the costs used in a financing a business.

<em>The purposes of the statement of cash flows are to;</em>

A. Predict future cash flows.

B. Evaluate management decisions.

C. Determine ability to pay debts and dividends.  

4 0
3 years ago
Ranier Outdoor Clothing managers engage in an annual organizational assessment, trying to predict industry changes as well as po
Free_Kalibri [48]

Answer: Environmental scanning

Explanation: In simple words, environmental scanning refers to the study of events that affects the operations of the business and relate them with the internal and external environment in which the firm operates.

In the given case, the managers of the company are trying to predict the changes in the industry by looking at the trends of their competitors.

Hence from the above we can conclude that this assessment is environmental scanning.

5 0
3 years ago
Mustang Corporation had 100,000 shares of $2 par value common stock outstanding. On December 31, 2018, the company's board of di
Kaylis [27]

Answer:

Dr Retained Earnings 500,000

Cr Com. Stock Dividend Distributable 100,000

Cr Add’l Paid – in Capital, Com. Stock 400,,000

Explanation:

Preparation of the journal entry

Dec. 31

Dr Retained Earnings 500,000

[(100,000 x (50/100)* 10 market price]

Cr Com. Stock Dividend Distributable 100,000

[(100,000 x (50/100)*2 par value ]

Cr Add’l Paid – in Capital, Com. Stock 400,,000

(500,000 – 100,000 )

6 0
3 years ago
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