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Vilka [71]
4 years ago
9

When forecasting balance sheet financials, an unusually high forecasted cash balance suggests which of the following? A. Sales a

re projected to increase in coming years B. The company will need to sell additional stock. C. The company is generating a lot of cash, most typically from operations. D. Account receivables have dipped to an unacceptable level. E. None of the above
Business
1 answer:
Inga [223]4 years ago
7 0

Answer:

The correct option is E

Explanation:

If the business is forecasting the financials of the balance sheet and mostly the high forecasted balance of cash implies that the company or the firm could pay off the debt in the next or the following year.

The forecasted high cash balance most likely decrease the long term and the short term debt of the company in order to reduce the cash levels to a consistent level.

So, none of the above options provided is correct.

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Mattel, Inc. had to recall 19 million toys because it learned that its manufacturer/supplier in China had used lead-based paint
olga55 [171]

Answer:

a. is liable to purchasers as a manufacturer/seller of toys.

Explanation:

Mattel is the producer of the toys even if it was it's manufacturer in China that made the toys. Using lead paint can lead to poisoning of children. So the toys produced can be considered to be harmful and defective.

The manufacturer of a product has a product liability on every good delivered to the consumer. Product liability is that borne by the manufacturer of a good for putting defective product in the hand of the consumer.

So for any damage or health issues that come up as a result of use of the toys, Mattel is liable.

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4 years ago
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ah yes the great "Business" move

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3 years ago
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Melbourne Company uses the perpetual inventory method. Melbourne purchased 1,800 units of inventory that cost $11.75 each. At a
atroni [7]

Answer:

$18,800.

Explanation:

LIFO method of Inventory Cost Flow assumes that the recently purchased goods are sold first. The company sold 2,100 units. 1,900 out of 2,100 were recently purchased at a cost of $12.25 each, and the remaining 200 units are those that were purchased earlier at a cost of $11.75. It means that the company is just left with 1,600 units (1,800 - 200) that were Purchase at a early date because all the recently purchased stock has been sold out whereas 200 has been sold out from that of earlier ones.

⇒ Ending Inventory = 1,600 * 11.75 = $18,800.

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3 0
3 years ago
On January 1, 2020, Tamarisk Co. leased a building to Carla Vista Inc. The relevant information related to the lease is as follo
pashok25 [27]

Answer:

martphones are a type of handheld computer that do not need input, output, processing, or storage.

Explanation: sasas

8iksa

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3 years ago
Food that qualifies as junk may contain a lot of the following EXCEPT
yuradex [85]

Answer:

A. Milk

I hope this helps,if not sorry

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3 years ago
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