Answer:
$267,800
Explanation:
Working capital = Current Assets - Current Liabilities
where for Year 2,
Current Assets = $38,800 + $103,000 + $92,000 + $127,500 + $13,400
= $374,700
and
Current Liabilities = $106,900
therefore,
Working capital = $267,800
thus,
The company's working capital for Year 2 is $267,800.
Answer:
c. Pie
Explanation:
In order to determine which product is the most profitable, we must calculate the contribution margin per hour:
Cake Pie Cookies
contribution margin $18 $11 $3
production time 3 1 .30
contribution margin p/hour $6 $11 $10
Pie is the most profitable product, followed by cookies, and cakes are the less profitable products.
Answer:
Explanation:
a company that is considered the most effective in its industry, for example, because it sells more products, makes more profit, or has a better known brand than its competitors: The industry leader with a 30% market share, it is expected to grow 35% a year.
I believe your answer is:
economies of scale
Answer:
The statement is: True.
Explanation:
The Adjusted Gross Income (<em>AGI</em>) is a measure based on individuals' gross income that serves as the basis for different deductions, among them, taxes. Taxpayers can request a tax credit based on certain expenditures that can be eligible for deduction. To do so, they must itemize those expenses in <em>Form 1040</em> (Schedule A). Otherwise, the deduction will be based on the taxpayer's AGI.
