Answer:
Reject Order Accept order Net Income
Increase (Decrease)
Revenues = $0 $105,000 $105,000
(3750 units x $28)
Costs-Manufacturing = $0 -$71,250 -$71,250
(3750 units x $19 (VC)
)
Shipping $0 -$3,750 -$3,750
(3750 units x $1)
Net Income $0 $30,000 $30,000
Pharoah Electronic would realize the net Income of $30,000 by accepting the special order. Hence, the special order should be accepted.
Answer: Privatization.
Explanation:
The giant telecommunication company has experienced privatization as it's ownership has switched from public to private. Privatization occurs when a government owned business establishment is traded to a private individual/organization, therefore the owners of the business are private individuals.
Answer:
Ha we can run our business if we have knowledge
and we have the grip on it and first we have to put interest.
<span>The difference between a privately-held and public company
is that the owners of the private company are the company’s founders or a group
of private investors while in the public company, the company has undergone an
initial public offering that means the company sold a portion of its shares to
the public. The management of a public company is answerable to the
shareholders as opposed to the private company. A public company sells the
shares of stock and is listed in the stock exchange while a private company is unlisted. </span>
Answer:
Increase.
Explanation:
Given that,
Total current assets = $510,000
Total current liabilities = $250,000
Current ratio before paying short term note:
= Total current assets ÷ Total current liabilities
= $510,000 ÷ $250,000
= 2.04
On July 1, 2017: Payment of short term note with cash = $60,000
This payment of short term note reduces the total current assets in terms of cash reduction and also reduces the total current liabilities in terms of short term liability.
New total current assets:
= $510,000 - $60,000
= $450,000
New current liability:
= $250,000 - $60,000
= $190,000
Current ratio:
= New Total current assets ÷ New Total current liabilities
= $450,000 ÷ $190,000
= 2.37
Therefore, the current ratio of this firm increases from 2.04 to 2.37.
