Answer: Williamson industries would have obtained $7.78 billion in sales
Explanation: According to the question, the company is having a total of $2 billion in fixed assets. The fixed assets are currently operating at 90% (0.9) of its total capacity. At his level, the company is able to achieve a sales figure of $7 billion. The implication is as follows;
Fixed assets (at 100%) = 2 billion
Fixed assets (at 90%) = 2 * 0.9
Fixed assets (at 90%) = 1.8
If the company utilizes $1.8 billion to achieve a $7 billion sales figure, then operating at full capacity (100%) would yield the following;
7/x = 90/100
(Where x equals sales level at 100% capacity)
7/x = 0.9
Cross multiply
x = 7/0.9
x = 7.7777...
x ≈ 7.78
Therefore, if Williamson Industries had been operating at full capacity, it would have obtained a sales level of $7.78 billion
Answer:
Internal control is designed to ensure all of the items described in the answers.
Explanation:
Internal Control is a process for assuring of an organizations objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws and regulation.
Simple interest formula was used to calculate the principal sum of Rich at the rate of 2.5% for 2 years. Thus Rich's initial deposit was 293 dollars.
<h3>What is Simple interest?</h3>
Simple interest is based on the principal amount of the loan or initial deposit in the savings account.
Following information is given:
Hence, Rich's initial deposit was equal to $293.
To learn more about simple interest, refer to the link:
brainly.com/question/25793394
Not being able to pay it off is a big one.
Answer:
$6 per bushel
3 thousand bushels
Explanation:
The equilibrium price is the price for which the quantities demanded and supplied are the same, regardless of the price floor.
The equilibrium quantity is given by:
The equilibrium price is:
At market equilibrium, the price is $6 per bushel, and the equilibrium quantity is 3 thousand bushels.