If the liabilities of a business are Rs.7,50,000 and the capital is Rs. 8,50,000. Find the total assets.

For all of the following questions, refer to the following table, which gives financial information for Apple for fiscal year 20

taurus [48]

Answer:

a. 27.9%

Explanation:

The formula and the computation of the gross profit are shown below:

Gross profit = (Gross profit) ÷ (Sales) × 100

where,

Gross profit = $1,604

And, the sales revenue is $5,742

So, the gross profit is

= ($1,604) ÷ ($5,742) × 100

= 27.9%

By dividing the gross profit by the sales we can get the gross profit

3 0

3 years ago

In an effort to encourage its employees to develop new ideas for the firm, w.l. gore has a 'dabble time policy' that allows empl

Tatiana [17]

Answer: Intrapreneurs

W.l. Gore is developing Intrapreneurs within the company. They train their employees to become Intrapreneurs by assigning them to work on a special idea or project within the company, and they are instructed to develop the project like an entrepreneur would. They are allowed to devote 10% of their time at work and the company even provide employees with funds to use for these projects

4 0

3 years ago

Pluton makes particular plastics for sale to the public and the government. Basic cost data for a 100-pound drum of one particul

shepuryov [24]

Answer:

Option (D) is correct.

Explanation:

Variable overhead per pound:

= variable overheads ÷ pounds of products to be produced

= 1,200,000 ÷ 1,000,000

= 1.2

Direct labor hours = 20 workers × 175 hours

= 3,500

Direct labor cost = Direct labor hours × 24

= 3,500 × 24

= 84,000

Machine hours = 21,000

Fixed overhead = $3,500,000 per month

Labor related (40%) = 1,400,000 ÷ 3,500 hours

= 400

Machine related (60%) = 2,100,000 ÷ 21,000 hours

= 100

Total cost of conversion:

= Direct labor cost + Variable overheads + Fixed overheads

= Direct labor cost + Variable overheads + (Labor related + Machine related)

= 10 min(24 ÷ 60 min) + (100 × 1.2) + [(400 ÷ 60)× 10 + (100 ÷ 60)× 75]

= 4 + 120 + 66.66666667 + 125

= 315.66666667

8 0

3 years ago

Builders Inc., an experienced contractor, requested a bid from a supplier for lumber needed to complete a project. When respondi

faust18 [17]

Answer:

If the given situation turns into a legal dispute: Option D: the Court is likely to find that this is a unilateral mistake. However, since Builders knew (or should have known) that there was a mistake, the supplier will not be held to the $3,000 quote.

Explanation:

Builders requested a bid from the supplier and while answering the bid, supplier made an error.

Unilateral mistake is the one in which only one party commits a mistake. The party that doesn't make the mistake gets to know about the mistake done by the other party. The contract is then made voidable by the mistaken party.

A voidable contract is like a formal agreement which is made between the two parties in which contract is decided to be made not enforced in case of any legal reason. It may include, if any of the party is not able to disclose a fact or a mistake, misrepresentation or any undue influence by someone on any of the parties. Thus, in the given case, court will ,likely find this as unilateral fault.

6 0

4 years ago

When u make a website is it supposed to have a credit card number?

Citrus2011 [14]

Answer:

yes it does! always.

Explanation:

it will always have one

5 0

3 years ago

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