Please help me please

In comparing two online e-tailers, Walmart vs. DeepDiscounts, Walmart should be considered the better online business based on b

Maurinko [17]

Answer:

The correct answer is letter "A": True.

Explanation:

Walmart can be considered one of the pioneers when it comes to talking about online business. Its success does not only rely on the deals offered but also in the wide variety of products they sell. It does not imply DeepDiscounts.com is a bad online business but, compared to Walmart, the latter has several steps ahead.

8 0

3 years ago

On June 30, 20X1, a tornado damaged Jensen Corporation’s warehouse and factory, completely destroying the work-in-process invent

Andrej [43]

Answer:

$130,400

Explanation:

Raw material transferred to WIP = Beginning balance + Purchase - Closing balance = $41,000 + $150,000 - $87,000 = $104,000

Cost of Goods manufactured = Closing balance + Cost of goods sold - Beginning balance

Cost of Goods manufactured = $151,000 + $405,000*70% - $173,000 = $151,000 + $291,600 - $173,000

Cost of Goods manufactured = $269,000

Ending Work in Process = Beginning balance + Direct material + Direct labor - Manufacturing overheads - Cost of goods manufactured

Ending Work in Process = $128,000 + $104,000 + $112,000 + $112,000*50% - $269,600

Ending Work in Process = $128,000 + $104,000 + $112,000 + $56,000 - $269,600

Ending balance of Work in Process = $130,400

5 0

3 years ago

Questions that would help Tony manage his day-to-day operations? A. What is my best-selling product? B. What is my lowest-sellin

zloy xaker [14]

Answer:

The correct answer is letter "D": A&B.

Explanation:

Managers have several functions within an organization. Among them, they must analyze information -the accounting books of the company- to find out what products have maximized their production process and which ones have not. Besides, they must relate that information to the number of sales the company is processing given a certain period.

Thus, what is the best and low-selling products of a firm are questions that managers must ask to explore its strengths, weaknesses, and opportunities.

4 0

3 years ago

Forten company current year income statement, comparative balance sheets and additional information follow. For the year all sal

yawa3891 [41]

Answer:

Forten Company

Statement of Cash Flows

For the year ended December 31, 2013

Cash flow from operating activities:

Net income $145,200

Adjustments to net income:

+ Depreciation expense $20,000
+ Loss on sale of equipment $4,500
+ Decrease in prepaid expenses $500
- Increase in accounts receivable $18,000
- Increase in merchandise inventory $29,106
- Decrease in accounts payable $53,125 -$75,231

Net cash flow from operating activities $69,969

Cash flow from investing activities:

Cash inflow from sale of equipment $15,100

Cash outflow from purchase of equipment -$63,000

Net cash flow from investing activities -$47,900

Cash flow from financing activities:

Cash inflow from issuance of common stock $70,000

Cash inflow from bank's short term notes payable $4,000

Cash outflow from bank's short term notes payable -$44,125

Cash outflow from dividends -$53,000

Net cash flow from financing activities -$23,125

Net cash decrease -$1,056

Cash balance December 31, 2012 $72,000

Cash balance December 31, 2013 $70,944

6 0

4 years ago

A cement manufacturer has supplied the following data: Tons of cement produced and sold 260,000 Sales revenue $ 1,206,400 Variab

fredd [130]

Answer:

Unitary contribution margin= $2.47

Explanation:

Giving the following information:

Tons of cement produced and sold 260,000

Sales revenue $ 1,206,400

Variable manufacturing expense $ 479,570

Variable selling and administrative expense $ 84,630

First, we need to calculate the total and unitary variable cost:

Total variable cost= 479,570 + 84,630= $564,200

Unitary variable cost= 564,200 / 260,000= $2.17

Now, the unitary selling price:

Selling price= 1,206,400 / 260,000= $4.64

Finally, the unitary contribution margin:

Unitary contribution margin= 4.64 - 2.17

Unitary contribution margin= $2.47

4 0

3 years ago

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