Answer:
The net realizable value of the accounts receivable amounts to $613,690
Explanation:
NRV stands for Net Realizable value, which is defined as the cash amount that the firm expects to receive.
The net realizable value of the accounts receivable is computed as:
Net realizable value of the accounts receivable = Balance of Accounts Receivable - Allowance for Doubtful Accounts
where
Balance of Accounts Receivable amounts to $632,338
Allowance for Doubtful Accounts amounts to $18,648
Putting the values above:
Net realizable value of the accounts receivable = $632,338 - $18,648
Net realizable value of the accounts receivable = $613,690
Answer:
The total cost of producing 3,000 axles is $255,000
Explanation:
The computation of the total cost is shown below:
= Total per unit manufacturing costs × total number of axles produced
= $85 × 3,000 axles
= $255,000
The total manufacturing includes all costs such as Direct materials, direct manufacturing labor, Variable manufacturing overhead and, Fixed manufacturing overhead.
Answer:
Percentage of savings off=45%
Explanation:
Savings=discount×Original item price
First save=(25/100)×179.99=$44.9975
Additional save=(20/100)×179.99=$35.998
Total savings=(44.9975+35.998)=$80.9955
Percentage of savings=(Total saving/Original price)×100
(80.9955/179.99)×100=45%
Answer:
EBIT is $11.67 million
Explanation:
For computing the EBIT, first we have to calculate the operating cash flow which is shown below:
FCF = Operating cash flow – Investment in operating capital
$8.19 million = Operating cash flow - $2.19 million
So, the Operating cash flow = $10.38 million
Now we apply the operating cash flow which is shown below:
The operating cash flow is shown below:
= EBIT + Depreciation - Income tax expense
$10.38 million = EBIT + $0.9 million -2.19 million
$10.38 million = EBIT - $1.29 million
So, EBIT is $11.67 million
The correct answer is B. Necessary but not sufficient condition goal
Explanation:
A necessary condition for a goal refers to a condition or factor that is mandatory to achieve a goal. For example, to obtain a bachelor's degree a necessary condition is to complete a bachelor's program. Besides this, a condition is sufficient if no other conditions are required, this applies to the previous condition as the main requirement for a bachelor's degree is to complete all the courses or program.
In this context, inspiring and motivating people in the goal of making an organization that can learn and adapt is a necessary condition because organizations require cooperation and group work and this is achieved if people of the organization feel inspired and motivated. However, this is not the only condition, and therefore it is not sufficient as other factors such as a budget, a clear plan, etc. are needed.
