Answer:
It is more convenient to rework the units and sell them for the full price.
Explanation:
Giving the following information:
The company has 19,000 defective units.
The units can be:
a) sold as-is for $3.40 each
b) reworked for $4.80 each and then sold for the full price of $8.80 each.
<u>We won't take into account the firsts $5.4 costs because they are irrelevant for the decision-making process.</u>
Sell as-is:
Effect on income= 19,000*3.4= $64,600
Rework:
Effect on income= 19,000*(8.8 - 4.8)
Effect on income= $76,000
It is more convenient to rework the units and sell them for the full price.
Answer:
It does not
Explanation:
In this question, we are asked to evaluate if a particular transaction carried out between a customer and an inn falls within the dictates of the local consumer protection law in the state.
Firstly, we look at what the local consumer protection law of the state talks about. It explicitly stated that customers should get receipts when suppliers receive deposits from them. Thus, this make the receipt act as the first thing to have if there would be any claim under the consumer protection law for the transaction carried out in the state.
Now, looking at the particular scenario we have, the customer paid for the room, but he was not issued a receipt. This makes the case not treatable within the consumer protection law of the state as the receipt which should have been a prerequisite for further exploration is not available
Answer:
b.
Explanation:
Conferences demand that schools and their leaders pay more attention to conference issues than to those of national governing bodies like the NCAA. Issues need to be chosen by its importance to the vast majority. If the issue that is affecting the vast majority of the population revolves around external factors such as those of a national governing body then those are the issues that the conference should revolve around. The conference needs to adapt to what is most important always.
Answer:
Current Ratio = 3.02
Acid test Ratio = 1.62
Explanation:
The current ratio is a measure to assess the liquidity situation of a company. It tells us the amount of current assets available to settle each $1 of current liability. The current liabilities are all the liabilities that are due within a year.
Current Assets = 101 + 93 + 181 + 17 = $392 million
Current Liabilities = 96 + 34 = $130 million
Current Ratio = Current Assets / Current liabilities
Current Ratio = 392 / 130 = 3.015 rounded off to 3.02
The acid test ratio is also a measure of checking the liquidity of a company. However, this ratio measures the amount of most liquid current assets available to settle each $1 of current liability. This excludes inventory from the current assets.
Acid test ratio = (Current assets - Inventory) / Current Liabilities
Acid test ratio = (392 - 181) / 130 = 1.62
Solution :
Adjusted Oct 23rd
Maintenance call will be issued, i.e. ,
$ 75k x 0.3 = 22.5 k
Equity only = 15k
Therefore, the account will be adjusted on October 23rd and the margin maintenance call will be issued.
