All categories

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.

You might be interested in

_____ is defined as a strategy in which a firm engages in several different businesses that may or may not be related in order t

Vlad1618 [11]

Answer:

Diversification

Explanation:

The key words here are 'several businesses'. A company engage in many businesses in order to mitigate or reduce its business risk, and also to create and add more value to customers. This offers a far advantage position than a stand alone entities who deal with only one product or service.

6 0

3 years ago

Cayuga Hardwoods produces handcrafted jewelry boxes. A standard-size box requires 8 board feet of hardwood in the finished produ

cupoosta [38]

Answer:

$44 per case.

Explanation:

If A standard-size box requires 8 board feet of hardwood in the finished product. In addition, 2 board feet of scrap lumber are normally left from the production of one box. Hardwood costs $4.00 per board foot, plus $1.50 in transportation charges per board foot.

Then, To calculate the standard cost of direct materials for the jewelry box, we multiply the direct materials standard price of $4.00 (plus the transportation costs of 1.50 per board foot) by the direct materials standard quantity of 8 feet (8 board feet of hardwood in the finished product) per unit.

The result is a standard direct materials cost of $44 per case.

8 0

3 years ago

A municipal bondholder buys a 5 percent coupon annual payment muni bond at a price of $4,900. The bond has a $5,000 face value.

AURORKA [14]

Answer:

6.4%

Explanation:

we need to divide this investor's income in two parts:

dividends are not taxed = $5,000 x 5% = $250
capital gains = (selling price - basis) x (1 - tax rate) = ($4,975 - $4,900) x (1 - 15%) = $75 x 85% = $63.75

total after-tax gains = $250 + $63.75 = $313.75 / $4,900 = 0.064 ≈ 6.4%

3 0

3 years ago

James Grunig, professor emeritus of public relations at the University of Maryland, listed the following possible objectives for

madam [21]

Answer: See explanation

Explanation:

According to James Grunig, professor emeritus of public relations at the University of Maryland, the five possible objectives for a communicator are:

• Message Exposure - This refers to situation when the intended people get exposed to the message that is being shared. Here, materials are provided to the mass media by the PR personel.

• Accurate dissemination of message - Messages must be passed across and communicated as clearly as possible without giving out false information or witholding back some information which is vital for the accuracy of the information delivered.

• Acceptance of the message - The message passed must be accepted by the person that's being addressed.

• Attitude change - There must be an attitude change after the message has been delivered as these shows acceptance and products should be purchased.

• Change in overt behavior - Overt behavior is openly seen and hence, there will be change in overt behavior and the goods will be purchased.

3 0

3 years ago

Which of the following is true of Peter Senge’s contributions to management thought and practices? A. He has made several signif

puteri [66]

Answer:

A. He has made several significant contributions to the areas of organizational learning and change.

Explanation:

Option B: Peter Drucker was the first person to discuss MBO, not Peter Senge. So, this option is incorrect.

Option C: It is the function of management. Therefore, Peter Senge might contribute to this one, but there is no evidence. So, it is wrong.

Option D: Peter Senge advocated the scientific methods of management, but not for the determination of efficient production.

Option E: He does not contend with the bureaucratic structure. Therefore, it is wrong, either.

Option A: It is the answer because he has made several contributions to the areas of organizational learning through the establishment of the society of organizational learning.

8 0

3 years ago