<h2>segment and company financial goals are congruent.</h2>
Explanation:
I think the options are missed and hence given below for your reference:
a) decision-making is made by the top executives.
b) investments made by each segment are minimized.
c) identification of operating segments that should be closed.
d) segment and company financial goals are congruent.
Let us understand the meaning:
Congruent: It means two or more things coincides when superimposed.
Financial goals: The target which needs to be achieved in the current financial year.
Segments: Segment speaks about the location, product or service provided by the company.
Financial goals are necessary so that it would be easy to organize and work towards the specific goal.
For the business goal to be achieved, every organization should frame financial targets or goals.
So the important goal is to achieve segment and company financial goals and they become congruent when achieved.
Answer:
b) $500 is recognized in year 1 and $8,500 in year 2.
Explanation:
Calculation to determine When must Colbert recognize the income if his accounting methods are selected to minimize income recognition?
Calculation for amount recognized in year 1
Payment in year 1= $9,000 ÷ 18 months
Payment in year 1= $500
Therefore Based on the above calculation the amount recognized in year 1 will be $500
Calculation for the amount recognized in year 2
Payment in year 2 = $9,000 - $500
Payment in year 2= $8,500
Therefore The amount recognized in year 2 will be $8,500
Answer:
a.is greater along curve I
Explanation:
The production probability frontier also known as PPF is a graph that shows the different combinations of two goods that can be generated by utilizing the available resources that the two goods require for their production. Based on the statement in the question, the opportunity cost of manufacturing the good located on the y-axis will be higher along curve I.
Answer:
Elastic
Sports car
Most Elastic: Boot-Cut Jeans
In Between: Pants
Least Elastic: Clothing
Less
Explanation:
A good with many close substitutes is likely to have relatively Elastic demand, since consumers can easily choose to purchase one of the close substitutes if the price of the good rises.
Sports Car has the most elastic demand
If the price of gasoline is relatively high for a long time, consumers are more likely to buy more fuel-efficient cars or switch to alternatives like public transportation. Therefore, the demand for gasoline is Less elastic in the short run than in the long run.
Answer and Explanation:
The computation is shown below:
Payable Deferral Period = 365 ÷ Payable turnove ratio
where,
Payables Turnover Ratio = Average Cost of Goods Sold ÷ Average Accounts Payable
= ($8,325,000 ÷ $320,000)
= 26.02
Now payable deferral period is
= 365 ÷ 26.02
= 14.02 days
And, the receivables conversion period is
= 365 ÷ receivable turnover ratio
where
Receivables Turnover Ratio = Average credit sales ÷ Average Accounts receivable
= ($13,875,000 ÷ $1,387,500)
= 10
Now receivable turnover period is
= 365 ÷ 10
= 36.50 days
