Answer:
a. $69.46
b. 58.15
Explanation:
a. Price = Benchmark PS ratio × Sales per share
<u>Sales per Share</u>
= Sales / Shares outstanding
= 2,100,000/130,000
= $16.15
Price = 4.3 * 16.15
Price = $69.46
b. PS Ratio is 3.6
Price = Benchmark PS ratio × Sales per share
Price = 3.6 * 16.15
Price = $58.15
Answer:
<u>b. False</u>
<u>Explanation:</u>
<em>Remember, </em>the term social responsibility in this context refers to an individual doing what would benefit society first, over any gain he may derive if he does otherwise.
For example, we are told that there is "low paying wages in Belize," which means low worker welfare, thus, even if no labor laws were been broken in his country, Olivia has a social responsibility to pay fair prices for the necklaces and earrings.
Answer:
Unitary product cost= $54
Explanation:
Giving the following information:
Production= 23,000 units
Direct materials= $23 per unit
Direct labor= $19 per unit
Variable overhead= $276,000
<u>Under the variable costing method, the unit product cost is calculated using direct material, direct labor, and variable overhead.</u>
First, we need to calculate the unitary variable overhead.
Unitary overhead= 276,000/23,000= $12 per unit
Unitary product cost= 23 + 19 + 12= $54
<u>Available Options Are:</u>
A. Create an owner-based sharing rule to grant access to account records that have the same segment to all sales manager roles.
B. Change the role hierarchy and put all of the sales managers in the US and Canada in the same role.
C. Create criteria-based sharing rules to grant access to account records that have the same segment to all sales manager roles.
D. Create a public group and include all accounts of the same segment and grant access through a permission set.
Answer:
Option A. Create an owner-based sharing rule to grant access to account records that have the same segment to all sales manager roles
Explanation:
This owner based sharing will allow the sales manager to access information but he will not be able to alter information which gives a right to access information only. This sharing of information will resolve the sales manager concern and will also him and other sales manager to use this information to make informed decisions. Hence Option A is correct.
Putting in the same role would manipulate the data because the data entered by each sales manager will not be distinguished easily and thus the system will not produce meaningful results. Hence Option B is also incorrect.
Option C is also incorrect because allowing access on meeting certain criteria would result in restriction of data. Thus it is not the solution.
Option D allowing access to all the data would not be necessary as some of the data might require protection and also that it might be meaningless to have private accounts. Thus the option D is incorrect.
Answer:
The company's current ratio increased.
Explanation:
What would happen to this company is that the company's current ratio would increase. The current ratio refers to a ratio that measures the company's capacity to fulfill its short-term obligations, usually within a year. Therefore, this can also be considered a liquidity ratio. The way in which it does it is by comparing the company's current assets to its current liabilities. The current ration in this case would increase due to the fact that the company used the money to pay off some of its short-term notes payable.
