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2 years ago

Other than how fabrics look, fabric samples also help the client determine:

Business

1 answer:

Luden [163]2 years ago

6 0

Answer:

texture

Explanation:

The texture of fabric is the surface of an item’s textile and they are very key in determining how the fabric would be of use to its buyer. What we, as individuals, rightly look out for in a fabric is either color or its design and we then touch it to know the texture. The texture could either be soft, smooth, rough, etc.

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Consider the demand for Russian rublesRussian rubles in exchange for Mexican pesosMexican pesos. Which of the following will not

Rzqust [24]

B because the currency traders believe that value of rubber ruble was important

4 0

3 years ago

Read 2 more answers

The capabilities used to create the sustainability/green initiatives at Walmart and Target are ______ but less likely to be ____

TEA [102]

Answer:

Letter C is correct. <u>Socially complex; rare.</u>

Explanation:

Organizations are increasingly incorporating ecological sustainability initiatives in their processes and activities, this is mainly due to the phenomenon of social complexity, which is the study of human behavior in several broad and complex circumstances that impact individual and group existence, such as example natural disasters, political movements, marriage practices, emigration patterns and others.

Man is not merely a passive agent, but a searcher for fundamental goals for himself and for society for improvement and survival.

Therefore, it is correct to say that organizations' sustainability initiatives are increasingly present in the current world, and that is why they are not uncommon, because sustainability is already seen as a phenomenon of social complexity, where companies that do not act according to sustainable parameters do not they are well regarded by society, which wants to consume products and services from companies in line with the highest social and environmental standards, which act as an active agent for improving the quality of social life.

4 0

3 years ago

An analysis in which all the components of an income statement are expressed as a percentage of net sales is called blank_______

KATRIN_1 [288]

Answer:

Common Size Income Statement

Explanation:

In a common size income statement, each line item of the Income statement is expressed as a percentage of the sales amount for that period.

This helps in comparing performance of companies in different sectors or industries.

7 0

3 years ago

The markdown could be a dollar amount or a

BabaBlast [244]

Answer:

Percentage of the selling price

Explanation:

Markdown refers to a reduction in the regular selling price of an item. When a trader wants to clear some old inventory or in a sales promotion, they may reduce the regular price to attract more customers. The rate at which the price has been reduced in the markdown.

Markdown can be given in dollar amount. The seller indicates the amount of money that has been knocked off the price. Markdown can also be expressed as a percentage of the regular selling price. In such a case, the new price after the markdown has to be calculated.

4 0

2 years ago

Crystal Apple Sales Company began 2014 with cash of $2,000, inventory of $3,600 (200 crystal apples that cost $18 each), $2,500

Andru [333]

Answer and Explanation:

a. The computation of ending inventory and cost of goods sold using the three different cost flow assumptions: FIFO, LIFO, and Weighted Average is shown below:-

Cost of goods sold = (200 × $18) + (800 × $20) + (1,040 × (2,040-200-800)

= (200 × $18) + (800 × $20) + (1,040 × $24)

= $3,600 + $16,000 + $24,960

= $44,560

Ending Inventory Under FIFO = (1,200 - 1,040) × (2,040-200-800)

= 160 × $24

= $3,840

Under LIFO method

Cost of goods sold is

= (1,200 × $24) + (800 × $20) + (40 × $18)

= $28,800 + $16,000 + $720

= $45,520

Ending Inventory Under LIFO is

= (200 - 40) × $18

= 160 × $18

= $2,880

Weighted Average cost flow Assumption

Weighted Average cost per apple = Cost of Beginning inventory and purchase ÷ Total apple available

Cost of Beginning inventory and purchases is

= (200 × $18) + (800 × $20) + (1,200 × $24)

= $3,600 + $16,000 + $28,800

= $48,400

Total apples available is

= 200 + 800 + 1,200

= 2,200

Weighted Average cost per apple is

= $48,400 ÷ 2,200

= $22

Cost of goods sold is

= 2,040 × $22

= $44,880

Ending Inventory is

= 160 × $22

= $3,520

b. The Preparation of income statement, a balance sheet, and a statement of cash flows under each of the three cost flow assumptions is prepared below:-

Income Statement Amount

Sales (2,040 × $40) $81,600

Less: Cost of goods sold ($44,560)

Gross Profit $37,040

Less: Operating Expenses ($26,000)

Income before income taxes $11,040

Less: Income tax (30% × $11,280) ($3,312)

Net Income $7,728

Balance Sheet

Assets

Cash $9,488

Inventory $3,840

Total Assets $13,328

Liabilities and Stockholder's Equity

Common Stock $2,500

Retained Earnings $10,828

Total Liabilities and Equity $13,328

Working note

cash = (opening + Sales - Purchases - Operating expenses - Income tax expenses )

= $2,000 + $81,600 - $44,800 - $26,000 - $3,312

= $9,488

Retained earning = (Opening + Net Income)

= $3,100 + $7,728

= $10,828

Statement of Cash Flow

Cash Flow from Operating Activities

Cash Sales $81,600

Payment to Accounts Payable ($44,800)

Operating Expenses ($26,000)

Income tax paid ($3,312)

Net Increase in cash and

cash equivalents $7,488

Add: Opening Cash and

cash equivalents $2,000

Closing Cash and cash equivalents $9,488

LIFO cost flow Assumption

Income Statement

Sales (2,040 × $40) $81,600

Less: Cost of goods sold ($45,520)

Gross Profit $36,080

Less: Operating Expenses ($26,000)

Income before income taxes $10,080

Less: Income tax (30% × $10,080) ($3,024)

Net Income $7,056

Balance Sheet

Assets

Cash $9,776

Inventory $2,880

Total Assets $12,656

Liabilities and Stockholder's Equity

Common Stock $2,500

Retained Earnings $10,156

Total Liabilities and Equity $12,656

Working note:-

Cash = (opening + Sales - Purchases payment - Operating expenses -Income tax expenses)

= $2,000 + $81,600 - $44,800 - $26,000 - $3,024

= $9,776

Retained earning = (Opening + Net Income)

= $3,100 + $7,056

= $10,156

Statement of Cash Flows

Cash Flow from Operating Activities

Cash Sales $81,600

Payment to Accounts Payable ($44,800)

Operating Expenses ($26,000)

Income tax paid ($3,024)

Net Increase in cash and

cash equivalents $7,776

Add: Opening Cash and

cash equivalents $2,000

Closing Cash and cash equivalents $9,776

Weighted Average cost flow Assumption

Income Statement

Sales (2,040 × $40) $81,600

Less: Cost of goods sold ($44,880)

Gross Profit $36,720

Less: Operating Expenses ($26,000)

Income before income taxes $10,720

Less: Income tax (30% × $10,720) ($3,216)

Net Income $7,504

Balance Sheet

Assets

Cash $9,584

Inventory $3,520

Total Assets $13,104

Liabilities and Stockholder's Equity

Common Stock $2,500

Retained Earnings $10,604

Total Liabilities and Equity $13,104

Working note

Cash = opening + Sales - Purchases payment - Operating expenses - Income tax expenses )

= $2,000 + $81,600 - $44,800 - $26,000 - $3,126

= $9,584

Retained earning = (Opening + Net Income)

= $3,100 + $7,504

= $10,604

Statement of Cash Flows

Cash Flow from Operating Activities

Cash Sales $81,600

Payment to Accounts Payable ($44,800)

Operating Expenses ($26,000)

Income tax paid ($3,216)

Net Increase in cash and

cash equivalents $7,584

Add: Opening Cash and

cash equivalents $2,000

Closing Cash and

cash equivalents $9,584

8 0

2 years ago