Answer: B. your Debt to Credit ratio
Explanation:
Your debt to credit ratio is important to lenders because it shows whether you spend wisely when given debt.
Debt to credit is measured as the percentage of debt you have given your credit limit. If for instance you have a credit card limit of $50,000 and have debt of $10,000, your debt to credit ratio is:
= 10,000/50,000 * 100
= 20%
Generally the lower this ratio, the better the contribution to your credit score.
Answer:
a. $1,375
b. $1,240
Explanation:
FIFO method
FIFO assumes that the inventory to arrive first will be sold first. Inventory values depend on earlier purchases
Inventory = 185 x $5 + 75 x $6
= $1,375
LIFO method
LIFO assumes that the inventory to arrive last will be sold first. Inventory values depend on recent purchases
Inventory = 130 x $7 + 55 x $6
= $1,240
Answer:
$22,050
Explanation:
The computation of the total budgeted variable selling and administrative expenses for October is shown below:
Sales Commission (9,000 × $0.60) $5,400
Shipping (9,000 × $1.2) $10,800
Advertising (9,000 × 0.3) $2,700
Other (9,000 × .35) $3,150
Budgeted Variable Selling and admin expenses $22,050
We simply added all the variable selling and admin expenses so that the total could arrive
Answer:
d.$10.00 per packing order
Explanation:
The formula to compute the activity rate for packing order is shown below:
Activity rate for packing order = Total packing orders cost ÷ Total number of packing order
where,
Total packing order cost = $24,000
And, the total number of packing order = 400 + 2,000 = 2,400
So, the activity rate for packing order is
= ($24,000) ÷ (2,400 orders)
= $10 per packing order
Answer:
Risks that are produced by a non-human source and are beyond human control. They are unexpected but happen regularly enough in a general population to be broadly predictable. Good examples of external risks are natural disasters such as earthquakes and volcanoes.
Explanation:
