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3 years ago

Price serves the function of _____ for goods, services, and financial resources.

1 answer:

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Allocator- Price thus serves the function of allocator. First, it allocates goods and services among those who are willing and able to buy them. (As we noted in Chapter 1, the answer to the economic question “For whom to produce?” depends primarily on prices.) Second, price allocates financial resources (sales revenue) among producers according to how well they satisfy customers’ needs. Third, price helps customers to allocate their own financial resources among various want-satisfying products.

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____________refers to information being available to users early enough to allow them to use it in the decision process.

S_A_V [24]

Answer:

The correct word for the blank space is: Timeliness.

Explanation:

Timeliness is a characteristic the Financial Statements must meet by which executives in decision-making positions could be able to read and comprehend what the information reflects on the company's well being so they can take proper action to correct the course of the company or find the way to keep it and improve it.

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3 years ago

Manufacturer A has a profit margin of 2.0%, an asset turnover of 1.7 and an equity multiplier of 4.9. Manufacturer B has a profi

maksim [4K]

Answer:

1.54

Explanation:

As we know that

The DuPont Analysis is

ROE = Profit margin × Total assets turnover × Equity multiplier

So we considered this formula for Manufacturer A and Manufactured B

Profit margin × Total assets turnover × Equity multiplier = Profit margin × Total assets turnover × Equity multiplier

2.0% × 1.7 × 4.9 = 2.3% × Asset turnover × 4.7

16.66% = 10.81% × Asset turnover

So, the asset turnover is 1.54

We equate this formula for both Manufactured A and manufactured B

6 0

3 years ago

On September 1, 2021, Southwest Airlines borrows $39.5 million, of which $7.0 million is due next year. Show how Southwest Airli

Alik [6]

Explanation:

The recording of the $39.5 million debt in balance is presented below:

Balance sheet

Current liability

Current portion of long term debt $7,000,000

Long term liability

Notes payable $32,500,000

Total liabilities $39,500,000

4 0

3 years ago

Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are p

olchik [2.2K]

Answer:

560,000 grams should be purchased

Explanation:

production budget:

estimated sales = 140,000 units

planned ending inventory = 77,000

total production required = 217,000

- beginning inventory = (27,000)

units to be produced = 190,000

materials budget:

units to be produced = 190,000

materials per unit = 3

total direct materials needed = 570,000

+ desired ending inventory = 47,000

- beginning inventory = (57,000)

direct materials purchases = 560,000

7 0

3 years ago

A few decades ago, Walmart opened stores in Germany. After a few years, it closed all of them. The shopping habits of Europeans

maks197457 [2]

Answer:

cultural differences

Explanation:

Cultural is an important factor which can help to improve businesses. A good and experience brand always takes into account the cultural difference before they introduce their products. There is a huge cultural difference between America and European countries although many brands have gained a competitive market share in both countries. Wal-Mart did not understand the cultural difference that is why it failed in Germany.

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3 years ago