1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kakasveta [241]
2 years ago
10

A firm has sales of $1,220, net income of $226, net fixed assets of $544, and current assets of $300. The firm has $101 in inven

tory. What is the common-size statement value of inventory
Business
1 answer:
Nady [450]2 years ago
4 0

Answer:

11.97%

Explanation:

Common size statement value of inventory is where all accounts are expressed as a percentage of total assets.

Total assets = Net fixed assets + Current assets

= $544 + $300

= $844

Common size statement value of inventory = Inventory ÷ Total assets

= $101 ÷ $844

= 0.1197

= 11.97%

You might be interested in
Multiple Select Question Select all that apply Which of the following are facility-level activities? Human resource hiring fairs
Olenka [21]

The full question is:

Which of the following are facility-level activities? (select all that apply)

a. Paying factory insurance

b. Setting up factory equipment

c. Arranging for shipping products to a customer

d. Property taxes on plant

Answer:

Paying factory insurance

Property taxes on plant

Explanation:

Facility level activities are defined as those activities that cannot be traced to a particular product, but are carried out to maintain the general operations of a business. They are also called business sustaining activities.

Examples include depreciation, cost of security, cost of maintenance and taxes.

These activities need to be executed seamlessly by the business if they want to maintain efficiency of the production process. For example if machines are not maintained according to maintenance schedule, they can breakdown and cause delays in production.

7 0
3 years ago
Read 2 more answers
Each of the following is a disadvantage of buying rather than making a component of a company's product except that Select one:
shtirl [24]

Answer:

The correct answer is letter "C": Profitable product lines may be dropped.

Explanation:

The decision of making a product in-house or relying on an outsourcing manufacturer is evaluated mainly by comparing the costs that handling a new production line carries. While outsourcing can save a company a great amount of money in <em>labor, equipment, materials, </em>and <em>knowledge</em>, quality control is not managed directly.  

However, <em>a new line of components in-house implies incurring in most costs that could conflict the production of existing profitable product lines that could see their numbers reduce gradually until the product drops.</em>

6 0
2 years ago
What terms best refer to anything that can be bought or sold?
Savatey [412]

The terms best refer to anything that can be bought or sold

goods and services

This is further explained below.

<h3>What terms best refer to anything that can be bought or sold?</h3>

Generally, The output of an economic system consists of things like goods and services.

While services consist of activities that are carried out for the advantage of the receivers, goods are physical products that are sold to clients. Products such as autos, home appliances, and apparel are all examples of goods.

In conclusion, The terms best refer to anything that can be bought or sold

goods and sevices

Read more about goods and services

brainly.com/question/2430424

#SPJ1

7 0
1 year ago
Which non-income factor for a potential job would influence a person who values easy access to entertainment and culture?
Vaselesa [24]

Answer:

C

Explanation:

Do to the rEASON I FOUND ONLINE

4 0
2 years ago
Maritz research's new vehicle customer study includes data collected over several years, and in recent years it has studied hybr
Nat2105 [25]
Catalog Bill costs account studying
6 0
2 years ago
Other questions:
  • Indra nooyi, ceo and chairman of pepsico is considered the most powerful woman on fortune’s 50 most powerful women’s list, uses
    10·1 answer
  • Masters Golf​ Products, Inc., spent 4 years and $ 1 comma 200 comma 000 to develop its new line of club heads to replace a line
    9·1 answer
  • Diggin Tools just issued new preferred stock, which sold for $85 in the stock markets. Holders of the stock will receive an annu
    7·1 answer
  • The largest organizational unit in the federal bureaucracy is a(n) __________. science forums
    12·2 answers
  • A truck costs $ 303 comma 000 and is expected to be driven 114 comma 000 miles during its fiveminusyear life. Residual value is
    11·1 answer
  • If a producer expected the price of a product to go up ,why would they withhold some of the supply ?Plz Help Me l need ?
    9·1 answer
  • Burkhardt Corp. pays a constant $13.60 dividend on its stock. The company will maintain this dividend for the next 9 years and w
    9·1 answer
  • Which of the following would result if a business purchased equipment with a 40% down payment in cash
    14·1 answer
  • Coronado Company received proceeds of $209000 on 10-year, 5% bonds issued on January 1, 2016. The bonds had a face value of $220
    7·1 answer
  • Over the last ten years productivity grew faster in Oceania than in Freedonia and the population and total hours worked remained
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!