Answer:
b. The ratio decreased
Explanation:
The current ratio is a financial performance measure that compares current assets to current liabilities, hence, in ascertaining the impact of the short-term borrowing on the current ratio, we would compute the current ratio before and after having taken the short term loan as shown thus"
current ratio=current assets/current liabilities
Before borrowing:
current ratio=$375,000/$150,000
current ratio=2.50
After borrowing:
current ratio=$375,000/($150,000+$75000)
current ratio=1.67(it has declined from earlier 2.50 to 1.67)
$85,000 under applied.
Calculate the total <u>expected </u>overhead ($300,000+$500,000+$200,000)= $1,000,000
Then calculate the actual overhead ($295,000+$570,000+$220,000)=
$1,085,000
Next, find the difference 1085000-1000000 = $85,000
So, the company under applied overhead by $85,000.
Answer:A) Research about aptitude testing.
Explanation: The United States of America through its Department of Education uses Subparts to ensure protection of children and minors used or engaged in research by researchers, it gives certain exemptions especially as it is seen in SubpartD which gives exemptions for the use of children in research that concerns education tests such as RESEARCH ABOUT APTITUDE TESTING.
Answer:
3) The IRR of the project to your company is below 7.9%
Explanation:
As we can see in the question that at 7.9% wacc, the net present value is -$20,420.78
Since the net present value is in negative that shows that the internal rate of return would be less than 7.9%
So according to the given situation, the option 3 is correct
And, the same is to be considered
Net operating income was $24000
Fixed expenses=$96000
Sales=$300000
cost per unit=$20
unit sales=$15000 units
CM=$120,000
CM per unit=$8
BE units=FC/CM per unit=96000/8=12,000 units
