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Mademuasel [1]
3 years ago
9

Bramble Corp. has current assets of $1490000 and current liabilities of $820000. If they issue $175000 of new stock what will th

eir new current ratio be?
Business
1 answer:
crimeas [40]3 years ago
4 0

Answer:

New Current ratio will be 1.82

Explanation:

Current assets       = $1,490,000

Current liabilities   = $820,000

New stock issued  = $175000

Current Ratio = Current Assets /  Current Liabilities

Current Ratio = $1,490,000 / $820,000

Current Ratio = 1.8171 = 1.82

New Stock issue will not effect the current ratio as current ratio only deals the current assets and current liabilities ( as given in formula above ). Any equity transaction will not effect this ratio.

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The Southside Corporation budgeted 4,400 pounds of direct materials to make 2,600 units of product. The company actually used 4,
garik1379 [7]

Answer:

$3.75

Explanation:

As we already know that

Direct materials quantity variance = (Budged pounds of direct material  - Actual pounds of direct material) × Standard rate

$1,500 unfavorable  = (4,400 pounds - 4,800 pounds) × Standard rate

$1,500 unfavorable  = 400 × Standard rate

So, standard rate is

= $1,500 ÷ $400

= $3.75

We simply applied the above formula

5 0
4 years ago
Read 2 more answers
If offered employment by Amazon, would you be legally eligible to begin employment immediately?
mr Goodwill [35]

Answer:

Explanation:

offered employment by Amazon, would you be legally eligible to begin employment immediately?

Legally eligible for employment could be explained as having the right to take up a job in a particular country, which means one should posses a work permit or visa which will allow one to work for an employer in US since AMAZON is in US.

.it should be noted that The applicant is considered eligible, if the applicant is available bin US when submitting it as a citizen or with work permit

Therefore, I'm eligible to begin work immediately, if I'm offered employment by Amazon, if I meet the above criteria, and we know Amazon is in US.

5 0
3 years ago
Blaine bought 4 pairs of pants and 2 shirts at a department store in California. Each pair of pants cost $25.85 and each shirt c
Mazyrski [523]

Answer:

$57.11

Explanation:

$25.85 × 4 = $103.40

$15.70 × 2 = $31.40

Total cost of purchase = $134.80

6% tax = 0.06 × $134.80 = $8.09

Total cost of purchase including tax = $142.89

Change received by Blaine = $200 - $142.89 = $57.11

I hope my answer helps you

3 0
3 years ago
The following cost behavior patterns describe anticipated manufacturing costs for 2013: raw material, $7.60/unit; direct labor,
Advocard [28]

Answer: The answer is as follows:

Explanation:

Given that,

Raw material = $7.60/unit

Direct labor = $10.60/unit

Manufacturing overhead = $8.60/unit

(1) Unit cost under variable costing = Raw material + Direct labor + variable Manufacturing overhead

= 7.6 + 10.6 + 8.6

= 26.8

(2) Unit cost under absorption costing = Raw material + Direct labor + variable Manufacturing overhead + fixed Manufacturing overhead

= 7.6 + 10.6 + 8.6 + 8.6

= 35.4

5 0
4 years ago
Nothing can stay the same
alexandr402 [8]

Answer:

:-) -,-

Explanation:

thanks thanks appreciate it

6 0
3 years ago
Read 2 more answers
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