Answer:
they both produce the same thing
Explanation:
check the picture attached below for the full explanation.
Answer:Current Ratio=4.5
Explanation:
Current Ratio = Current Assets / Current Liabilities
Current assets = Cash + Marketable Securities + Accounts and Notes Receivable+ Inventories + Prepaid expenses
= $280,000 +$131,000 + $395,000 + $570,000 + 19,000=$1,395,000
Current liabilities = Accounts and Notes Payable (short-term) + Accrued Liabilities
=$250,000 + $60,000= $310,000
Current ratio = $1,395,000 / $310,000= Current Ratio
Answer:
The company will produce the requested 150 units of A for a gain of 300 dollars
and then use his resourses to produce B yielding a gain of 90 dollars
total of 390 profit
Explanation:
The company will produce at least 150 units of product A therefore:
lbs used: 150 x 3 = 450
minutes of labor used 150 x 8 = 1,200
leaving available:
1,200 - 450 = 750 lbs
1,500 - 1,200 = 300 mins
As time is the most scarce resource we allocate base on thecontribution per minute:
product A $2 of profit for 8 minutes: 0.25 dollars per minute
product B $1.5 of profit for 5 minutes: 0.30 dollars per minute
As product B is more profitable considering labor time we use the entire amount left to produce product B
300 min / 5 minutes = 60 units of b
Answer:
C. Pay more than the minimum amount every month.
Explanation:
Because credit cards have very high interest rates, and the interest is compounded every day, it is recommended to pay more than the minimum amount every month, so that the total credit card bill is paid out more quickly.
What happens when you pay more than the minimum amount every month is that you are paying not only the interest and principal that is due, but you are also paying additional principal. This additional principal payment is what will reduce the amount that will need to be paid in the future.
