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3 years ago

In developing a flexible budget within a relevant range of activity,

Business

1 answer:

gladu [14]3 years ago

6 0

Answer: d. it is necessary to relate variable cost data to the activity index chosen

Explanation:

The activity index shows how various activities have an impact on the cost of production.

When developing a flexible budget within a relevant range of activity, ome must relate variable cost data to the activity index chosen to ensure that it is indeed variable.

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Based on the preceding information, which of the following statements are true? Check all that apply. Irwin’s bonds are a better

irinina [24]

Answer: 1. All of the bonds will have the same value when they reach maturity.

2. Seasoned Issue

Explanation:

1. From the graph given/attached, it is shown that all the bonds will converge in terms of price as they reach maturity. This is because they are different types of bonds and all bonds mature as they converge on par. Johnson's bond is a <em>discount bond</em> and so will increase in price as it approaches par. Irwin's is a <em>Par bond</em> so will not change as it is already at Par. Smith's bond will reduce in price as it approaches Par as it is a <em>premium bond</em>.

2. If the bond were a new issue it would not have been trading in the past few years but rather just the current year. As it has been trading in previous years, it has been around for some time making Johnson's bonds a Seasoned Issue.

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3 years ago

Lloyd Inc. had sales of $200,000, a net income of //415,000, and the following balance sheet: Cash $10,000 Accounts Payable $30,

Anastasy [175]

Answer:

The firm's new quick ratio is 2.9

Explanation:

The current ratio is calculated as

Current ratio = Current assets / Current liabilities

2.5 times = (Cash + receivables + Inventories ) / (Accounts payable + Other current liabilities)

2.5 = ($10,000 + $50,000 + Inventories) / $50,000

$60,000 + inventories = $125,000

Inventories = $65,000

Therefore, $85,000 worth of inventories were sold off.

If the funds generated are used to reduce the common equity that is by repurchasing the equity at book value.

Hence, the common equity amounts to $115,000

Calculating the ROE before the inventory is sold off:

ROE = Net income / Stockholder's equity

= $15,000 / $200,000

= 0.075 or 7.5%

Calculating the ROE after selling off the inventory

ROE = $15,000 / $115,000

= 0.13 or 13%

The firm's new quick ratio is

Quick ratio = (Current assets - Inventories) / Current liabilities

= ($210,000 - $65,000) / $50,000

= 2.9

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3 years ago

the time period during which production processes increase volume in order to meet customer demands while coping with quality pr

lutik1710 [3]

The time period during which production processes increase volume in order to meet customer demands while coping with quality problems and last-minute design changes is called ramp-up.

Production is the technique of making or producing goods and products from uncooked substances or components. In different phrases, production takes inputs and uses them to create an output that is in shape for consumption – a good or product that has a fee to a cease-person or purchaser.

Production is the procedure of making, harvesting, or growing something or the quantity of something that becomes made or harvested. An instance of manufacturing is the creation of furniture. An instance of manufacturing is harvesting corn to devour. An instance of manufacturing is the amount of corn produced.

Manufacturing is one of the maximum critical tactics inside production and is a core part of what it means to be a manufacturer. Without this hobby, no finished items might be created, and there might be nothing to promote to clients.

Learn more about the production here brainly.com/question/16755022

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5 0

1 year ago

_____________, fill in the blank, requires that sales associates be friendly, knowledgeable, and helpful.

seraphim [82]

It should be noted that Personal selling requires that sales associates be friendly, knowledgeable, and helpful.

<h3>What is Personal selling all about?</h3>

Personal selling can be regarded as face-to-face selling where someone who is the salesman tries to convince the customer in buying a product.

It serves as a promotional method by which the salesperson uses his or her skills to sell goods.

Learn more about Personal selling at;

brainly.com/question/7156426