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Andrei [34K]
3 years ago
14

The CFO of Edward's Food Distributors is continually receiving capital funding requests from its division managers. These reques

ts are seeking funding for positive net present value projects. The CFO continues to deny all funding requests due to the financial situation of the company. Apparently, the company is:__________.
a. Operating at the accounting break-even point.
b. Operating at the financial break-even point.
c. Facing hard rationing.
d. Operating with zero leverage.
e. Operating at maximum capacity.
Business
1 answer:
NeX [460]3 years ago
4 0

Answer:

c. Facing hard rationing.

Explanation:

In this scenario, the CFO of Edward's Food Distributors is continually receiving capital funding requests from its division managers. These requests are seeking funding for positive net present value projects. The CFO continues to deny all funding requests due to the financial situation of the company. Apparently, the company is facing hard rationing.

Hard rationing can be defined as a capital budget that an organization is expected to adhere strictly to, as a result of limited or few resources availability and as such there is no room for errors or modifications in the short run.

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Jamie has been renting a ranch in Montana for years, but is ready for a change of scenery. She doesn't want to terminate her con
Ann [662]

Answer:

Acceptance

Explanation:

Since in the situation it is given that Jamie renting a ranch for a years to Montana but she is ready for change of scenery. also she dont want to end the contract entirely so instead of ending the contract she asked the same to his brother. His brother agrees to the contract so here the given situation represent an example of an acceptance as he is ready and responsible to the terms of the contract

5 0
2 years ago
Concord Inc. took a physical inventory at the end of the year and determined that $783000 of goods were on hand. In addition, Co
Lina20 [59]

Answer:

$929,000

Explanation:

Calculation for the amount that Concord should report as inventory at the end of the year

Using this formula

Inventory=Ending physical inventory+Goods in transit+Goods out on consignment

Let plug in the formula

Inventory=$783,000+$55,000+$91,000

Inventory=$929,000

Therefore the amount that Concord should report as inventory at the end of the year will be $929,000

5 0
3 years ago
When a manufacturer directs the promotional mix to final customers to gain their attention and build demand for the product, it
zepelin [54]

When a manufacturer directs the promotional mix to final customers to gain their attention and build demand for the product, it is using a <u>pull</u> <u>marketing</u> strategy.

The goal of pull marketing is to create loyal customers by providing marketing materials that showcase what they’re looking for. As it is best for when you want to draw attention of the consumers to your product.

A pull marketing requires high spending on advertising and consumer promotion to build up consumer demand for a product. For instance, to spend on heavy advertising of new launches of gadgets.

Hence, in the age of consumers educating themselves on products and services, pull marketing has become vital to markets with heavy saturation, like new apps or clothing companies.

To learn more about pull marketing here:

brainly.com/question/26050668

#SPJ4

6 0
2 years ago
Berning Company purchased a tractor at a cost of $180,000. The tractor has an estimated salvage value of $20,000 and an estimate
scoundrel [369]

Answer:

$38,000 loss

Explanation:

For calculation of entry to record the sale of the tractor first we need to determine the total depreciation and net book value on Jan 1, 2018 which is shown below:-

Total depreciation = (Tractor cost - Salvage value) × (Hours in 2016 + Hours in 2017) ÷ Hours of operation

= ($180,000 - $20,000) × (2,400 + 2,100) ÷ 10,000

= $72,000

Net book value on January 1, 2018 = Tractor cost - Total depreciation

= $180,000 - $72,000

= $108,000

Loss on sale = Sold tractor amount - Net book value on January 1, 2018

= $70,000 - $108,000

= $38,000

8 0
2 years ago
A physical count of merchandise inventory on November 30 reveals that there are 82 units on hand. Assuming that the specific ide
sattari [20]

After computing the cost of inventory that was sold, The Cost of Goods sold is given as $1,334.30.

<h3 /><h3>The calculations related to the exercise are as follows:</h3>

From the information provided (see full question attached),

Inventory at hand as at November 1:

  • there are 29 Units of Inventory at the cost of $5.90 dollars each.

Purchases:

  • 118 units are purchased at $6.30 dollars each;
  • 59 units are purchased at $6.15 dollars each; and
  • 88 units are bought at $6.50 dollars each.

If at the end of the period there are 25 units each form the purchases above and 7 from the existing inventory as at Nov. 1st, then the cost of goods sold is:


((29-7) X 5.9) +((118-25) x 6.3) + ((59-25) x 6.15) + ((88-25) x 6.5))

= $1,334.30

Learn more about Inventory at:
brainly.com/question/24868116

5 0
1 year ago
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