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Step2247 [10]
4 years ago
15

Checking for quality and paying creditors would fall within which two functional​ areas?

Business
1 answer:
horsena [70]4 years ago
3 0
Checking for quality fall within MANUFACTURING AND PRODUCTION AREA while paying creditor fall within FINANCE AND ACCOUNTING AREA.
There are many functional areas in business, each functional area is responsible for performing specific functions.
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The 2012 financial statements of Marker Co. contain the following selected data (in millions).
Anna11 [10]

Answer:

a.67.9%.

Explanation:

Debt to Total Assets Ratio = Total Liabilities / Total Assets x 100

<em>Total Liabilities = $95,000,000 </em>

<em>Total Assets = $140,000,000 </em>

Debt to Total Assets Ratio = $95,000,000 / $140,000,000 x 100

Debt to Total Assets Ratio = 0.679 x 100

or

Debt to Total Assets Ratio = 67.9%

Hence, The Assets of Marker Co. are 67.9% funded by creditors.

5 0
3 years ago
Select the items below that describe specific kinds of producers
Sunny_sXe [5.5K]
2 everything is technically about technology
8 0
3 years ago
Abardeen Corporation borrowed $90,000 from the bank on October 1, 2016. The note had an 8 percent annual rate of interest and ma
djyliett [7]

Answer:

A) $0, no cash paid in 2016, both interest and principal were paid on March 31, 2017.

B) = [($90,000 x 8%) / 12] x 3 months = ($7,200 / 12) x 3 = $600 x 3 = $1,800

C) = $90,000 + $1,800 = $91,800

D) = ($600 x 6 months) + $90,000 = $3,600 + $90,000 = $93,600

E) = $600 x 3 months = $1,800

3 0
3 years ago
intends on adding a new product line. the contribution margin ratio for the new product is 0.2. they have a target operating inc
FrozenT [24]

Answer:

The total fixed costs must be:

$36,000.

Explanation:

a) Data and Calculations:

Contribution margin ratio for the new product = 0.2

Target operating income = $60,000

Targeted sales volume in dollars = $480,000

Fixed costs = targeted sales volume in dollars multiplied by contribution margin ratio, minus target operating income

Fixed costs = ($480,000 * 0.2) - $60,000 = $36,000

b) The focus should be on the break-even formula for dollar sales with a target profit.  When the formula is reversed, the fixed costs can be calculated as shown above.

3 0
3 years ago
Brent Bishop is the vice president of operations for Southern Sweets Bakery. He drives a 2017 Toyota Prius Prime as his company
prohojiy [21]

Answer and Explanation:

fair market value=$ 37,500

Residual value = $ 10,600

Lease term = 12 months

Rate = 20%

Ans:

Monthly pay = $2668.53

Total of 12 months payments = $32,022.42

Total interest = $ 5122.42

Principle amount = 84%

Interest = 16%

Benefits of the brent's company car are pay the 35600 miles during $ 32000 approx.

8 0
3 years ago
Read 2 more answers
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