What is the function of product and service management

Which of the following falls under the category of current position analysis? a.Number of days' sales in inventory b.Inventory t

Tamiku [17]

Answer:

The answer is D

= Quick ratio

Hope this answer helps you :)

Have a great day

Mark brainliest

3 0

3 years ago

Beautiful Watches has two product lines: Luxury watches and Sporty watches. Income statement data for the most recent year follo

mr_godi [17]

Answer:

Option (A) is the correct answer to this question.

Explanation:

The cessation of the Sporty line would forfeit the profits produced by the Sporty line business, but the business (Beautiful Watches) will have to bear the $38,000 fixed expenses involved by Spotify Watches.

However, if production continued, the Sporty watches would have suffered a loss of $32,000. The company will bear fixed costs regardless of whether the company continues or discontinues the Sporty line market.

Accordingly, the gross operating profits should have been

= Total operating expenses - ( $ 38000 - $ 32000)

= $ 55000 - ( $ 38000 - $ 32000)

= $ 55000 - $ 6000

= $ 49000

There is also a fall of $6000 ($55000-$49000) in operating profits.

Other options are incorrect because they are not related to the given scenario.

7 0

3 years ago

A(n) _____ is an agreement among two or more two companies to join forces to pursue specific opportunities without actually merg

aalyn [17]

The answer is Joint Venture. It is the agreement or the business arrangement of two or more companies that agrees to share resources for a specific purpose without loosing their identities. The companies will share expenses, looses and profit associated with the venture but their other business interest will remain separate.

8 0

4 years ago

Windsor, Inc. decided to establish a petty cash fund to help ensure internal control over its small cash expenditures. The follo

Norma-Jean [14]

Answer:

April 1

Dr Petty cash $268

Cr Cash $268

April 10

Dr Freight-in (Or Inventory) $76

Dr Supplies expense $41

Dr Dr Postage expense $49

Dr Accounts Receivable/Loan to employees $33

Dr Miscellaneous expense $52

Cr Cash over and short $9

Cr Cash $260

April 20

Dr Petty cash $116

Cr Cash $116

Explanation:

Preparation of the journal entries to record transactions related to petty cash for the month of April.

April 1

Dr Petty cash $268

Cr Cash $268

April 10

Dr Freight-in (Or Inventory) $76

Dr Supplies expense $41

Dr Dr Postage expense $49

Dr Accounts Receivable/Loan to employees $33

Dr Miscellaneous expense $52

Cr Cash over and short $9

($260-$76-$41-$49-$33-$52)

Cr Cash $260

($268-$8)

April 20

Dr Petty cash $116

Cr Cash $116

8 0

3 years ago

The Mega-Bank is considering either a bankwide overhead rate or department overhead rates to allocate $135,000 of indirect costs

siniylev [52]

Answer:

The Mega-Bank

The amount allocated to the Commercial Department is:

= $324,810.

Explanation:

a) Data and Calculations:

Indirect costs = $410,000

Department DLH Loans Processed Direct Costs

Consumer 16,000 650 $350,000

Commercial 7,000 400 $250,000

Total 23,000 1,050 $600,000

Allocation Bases:

Bankwide rates:

DLH = $410,000/23,000 = $17.83

Loans processed = $410,000/1,050 = $390.48

Commercial Department Allocated Costs:

Cost to process loans = $500 * 400 = $200,000

Cost based on DLH = $17.83 * 7,000 = 124,810

Total costs = $324,810

7 0

3 years ago

What is the function of product and service management​

What is the function of product and service management