Answer: Relationship Behavior
Explanation: Thyimach, has been purchasing iron shafts from Metaljun for over a decade. There is a relationship of buyer and supplier developed among both of them. When Thyimach designs new model of machine Metaljun provides with new specification without informing Thyimach and Thyimach uses Metajun's supplies only. So this is a case of relationship behavior. Since the relationship was strong, Thyimach also didn't mind using the product and Metaljun knew it wouldn't be a loss for him.
Answer:
the total number of units started and completed = 11,000 units
Explanation:
total materials costs incurred during the month = $500,000
if materials are added at the beginning of the process, beginning WIP already had 100% of materials costs added, therefore, materials costs were applied only to the total number of units started
total number of units started = $500,000 / $25 cost per EUP = 20,000 units
the total number of units started and completed = units started - ending WIP = 20,000 - 9,000 = 11,000 units
total number of units completed = beginning WIP + units started - ending WIP = 12,000 + 20,000 - 9,000 = 23,000 units
Answer:
A. No gain or loss
B. Carryover; $2,338,000
Explanation:
A. Based on the information given the Corporation’s RECOGNIZED NO GAIN OR LOSS on the liquidation reason been that under SECTION 332 GOOSE'S BASIS IN THE SWIFT STOCK OF THE AMOUNT OF $3,340,000 IS REDUCED TO ZERO AMOUNT.
B. Based on the information given the Corporation’s BASIS IN THE ASSETS RECEIVED IN LIQUIDATION will be CARRYOVER BASIS of the amount of $2,338,000.
Answer:
Liabilities
Explanation:
'Liquidity' is described as the 'asset's property of being able to be sold without affecting its value or the degree to which it can be easily converted into cash.' If the liquidity ratio of a company is high, then its ability to pay off its current liabilities is high as well. Therefore, the company can pay off the debtors with immediate effect and thus, it would be able to meet its short-term financial commitments. This is the key reason for people's high investments in the companies having a higher liquidity ratio as they analyze the debt paying capability of the company first.
Answer:
A) greater ; fall
Explanation:
Economies of scale exist when inputs are increased by some percentage and output increase by a greater percentage causing units cost of production to fall.
Economies of scale refers to the cost advantage of an organization when it increases production output and reduces cost of production. By increasing production, more inputs are increased at a lower cost per inputs which will actually reduce the cost of production per units.
Business Organizations tend to make more profits by practicing economies of scale because of the decrease in cost of production.
The more the increase in production, the more profits firms make.