Answer:
Answer is option C i.e. ensure a cash shortage does not cause an inability to meet current obligations.
Explanation:
Debt covenants can be understood as an agreement between the lenders and the borrower. There are certain terms that are to be considered by the parties of the agreement. One such term is the maintenance of a minimum level of net working capital so that when a company/organization that has borrowed the money runs bankrupt can meet its obligation to pay back the required amount to the lender on time. Therefore, maintenance of a minimum level of net working capital is to ensure that the cash shortage does not cause an inability to meet current obligations.
Answer:
OPTIMUS COMPANY
Home Division Responsibility Report For the Year Ended December 31, 2020
The report is attached in form of a variance report with comments. Where the variance is not indicated, it means that it was neither favorable nor unfavorable.
Explanation:
A responsibility report is usually presented by a division that is an investment center. An investment center has responsibility for return on investments.
The investment center takes charge of the cost, revenue, profit, and investments of the division. It is expected to produce returns on its investment that will be favorable to the shareholders of the company. It is directly responsible for profitability of the division vis-a-vis the capital investments made in the center. It is unlike other divisions like cost center, revenue center, and profit center, which narrowly report their performances in accordance with their responsibilities.
This is why it does not only report on the cost, but also the revenue, the profit and the returns on investment achieved during a period. An investment center is, therefore, the largest division of an entity.
Roman may buy 23 tomato and 9 radish, for the school garden.
<h3><u>Calculation:</u></h3>
Let (r) represent the cost of one packet of radish seeds, and
Let (t) represent the cost of one packet of tomato seeds.
Amount spent by roman = $62.75
It denotes that;
Roman bought 32 packets of seeds and one packet of radish seeds costs = $ 1.75.
One packet of tomato seeds costs = $ 2.50.
It denotes that,
Substitute t=9 , and r= 23, we have
In eq. 1
In eq.2
Here, both the equations are satisfied, therefore, option [C] is correct.
Learn more about equation:
brainly.com/question/2263981
Answer:
A.
Explanation:
Organizational expense amortized over fifteen years for purposes of determining taxable income results in an upper adjustment in the initial years to book income on the Schedule Minus−1 when the expense is being amortized over ten years for book income purposes.
<span>3 non-price strategies you could use to increase your customer base is having Better Quality, Better web presence, and Better Customer Service. Better quality means having good, durable products that deliver what they promise. Also better quality means having a product that is worth its money, not just something cheap which falls apart in one use. Better Web Presence means having a nice, interesting, user-friendly website which customers can access at any time to view your products. Also this means that your website is updated regularly with product information. Better customer service means that you should be able to provide good, cooperative customer support for customers who have queries or problems regarding your product. This involves courteous staff who have up-to-date knowledge and are willing to follow up the case. </span>
