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3 years ago

Green Caterpillar Garden Supplies Inc.

Business

1 answer:

brilliants [131]3 years ago

8 0

Answer:

This statement is TRUE, because:

C) Green Caterpillar’s retained earnings account increased between the end of Years 1 and 2.

Explanation:

The only way to determine if a company was profitable is through the Net Profit in the Income Statement , if it was profitable it means that the result were allocated in Retained Earnings in the Balance Sheets because this account only growth with the results of the income statement, in this case the increase in the account was for $394.

Option A) is not true because the increase in total assets not only means a company´s positive results it could be because of the company increment the Accounts Receivable term and the Inventories which no means a positive result.

Option (B) in the case of cash increases it could be due to an increase in the total debt of the company as it's indicated in the Long Term Debt and because of new stock issues.

Both of this option are complementary to the option selected but this options alone doesn't indicate a profitabilty year.

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9. What do you understand by the term financial futures?

Ede4ka [16]

Answer:

Explanation:

It's A and that's a very good definition, except I believe you lost a word. I think it should be a specific commodity or stock or bond at a specified date ...

6 0

3 years ago

The management of Brinkley Corporation is interested in using simulation to estimate the profit per unit for a new product. The

Furkat [3]

The calculated profit per unit for base-case, worst-case is, and best-case for the management of Brinkley corporation is:

$7
$3 per unit
$3 per unit

<h3>The Profit per unit for base-case:</h3>

45 - 1 1- 24 - 3 = $7

<h3>Profit per unit for worst case:</h3>

45 - 12 - 25 - 3 = $3 per unit

<h3>Profit per unit for best case:</h3>

45 - 10 - 20 - 3 = 12$ per unit

b. The mean profit per unit is given as $7.05

c. The reason the simulation approach is preferable is due to the fact that it can help to determine the probability of profit as a particular amount, unlike the what-if scenario analysis.

It can also create different scenarios for possible resources.

d. The probability of the fact that the profit per unit woul be less than 5 is 9%

Read more on risk analysis here: brainly.com/question/6955504

5 0

2 years ago

The price of diamonds is high, in part because the majority of the world’s diamonds are controlled by a single firm. This is an

kirill115 [55]

Answer:

Option (b) is correct.

Explanation:

This is a case of monopoly market condition where there is a single firm operating the whole market. The price of the products is set by the single firm and the buyers in this market are price taker. The monopolist can earn normal profit, losses and abnormal profit in the short run and can earn normal profit and abnormal profit in the long run.

In our case, the price of diamonds is high because there is only single firm in the whole market and there is no other competitors in the market. That's why they are charging the higher prices.

5 0

3 years ago

Read the information about 2 competing credit cards.

Luda [366]

Answer: A. Had major expenses in the first year.

Explanation: It just makes sense and it’s also correct

4 0

3 years ago

Read 2 more answers

Zone of acceptance refers to consumers': Select one:

sesenic [268]

Answer:

Letter a is correct. <em>Acceptable range of prices for any purchase situation.</em>

Explanation:

<u> The purchase decision</u> process is a systematic model that represents the rational or irrational steps a consumer goes through before making a purchase. These steps are related to solving needs, searching for information, evaluating similar alternatives, and post-purchase behavior.

The zone of acceptance is a step regarding the price range that the consumer is willing to pay for a particular product or service, and is influenced by each step of the consumer's buying decision.

6 0

4 years ago