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3 years ago

Which financial statement would best display a company's plant, property, and equipmnt used everyday

Business

1 answer:

yuradex [85]3 years ago

4 0

Answer:

Balance sheet

Explanation:

Balance sheet is referred to as the statement of assets and liabilities. Property plant and equipment are shown in balance sheet with a schedule of addition, deletion and depreciation is attached to it. Hence, the financial statement that would best display a company's plant, property and equipment used everyday is the Balance sheet.

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3:Leo's rent is due a few days before he expects to receive his paycheck from work. He takes out a

Lady_Fox [76]

Answer:

I think I think it will be 2:35 or 2:50

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2 years ago

Other things equal, if the prices of a firm's variable inputs were to fall: one could not predict how unit costs of production w

Paha777 [63]

The correct option is C) marginal cost, average variable cost, and the average total cost would all fall.

It is correct because if the variable cost falls, it will show its effect on marginal, average variable, and average total costs and eventually these costs will fall. The variable cost is included in the calculation of marginal and total costs. And the average variable cost is derived from total variable cost.

Variable Inputs:

The variable inputs are used in performing the production function. Variable means that can change easily, so, in production, variable inputs fluctuate according to the requirement. Variable inputs include labor, raw material, and other inputs.

Reason for incorrect answers:

Option a) is incorrect because the firm can estimate the per-unit cost after reducing input prices.

Option b) is incorrect because the average fixed does not include variable cost, so it will not fall if the variable cost gets reduced.

Option d) is incorrect because the marginal cost will change according to the change in total cost. And the total cost will fall if the variable cost falls.

Learn more about Marginal cost :

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8 0

1 year ago

You will be paying $10,000 a year in tuition expenses at the end of the next 2 years. Bonds currently yield 8%. a. What is the p

irina [24]

For complete answer find complete 5 attachments

4 0

3 years ago

As the operations manager, you prefer to keep a constant workforce and production level, absorbing variations in demand through

podryga [215]

Answer:

Shortage cost for May is $71,000

Explanation:

The expected demand for the month of May is 5000 units.

Shortages for month are carried to next month.

Shortage cost is $10 per month.

(Working days per month x hrs/day x # of workers)

20 days * 8 hours * 23 workers = 3680

Jan : 3680 - 3500 = +180

Feb : 3680 + 180 - 4500 = -640

Mar : 3680 - 640 -6000 = -2980

Apr : 3680 - 2980 -6500 = 5780

May : 3680 - 5780 -5000 = 7100

4 0

3 years ago

For Gee-Whiz Devices calculate the following: working capital, current ratio, and acid-test ratio Gee-Whiz Devices Balance Sheet

Zarrin [17]

Answer:

1. Working Capital

= Current Assets - Current Liabilities

= ( Cash + Marketable Securities + Net accounts and notes receivable + Retailers Inventories + Prepaid expenses) - ( Accounts and notes payable(Short term) + Accrued expenses)

= ( 100,000 + 45,000 + 150,000 + 200,000 + 8,000) - ( 315,000 + 90,000)

= $98,000

2. Current Ratio

= Current Assets/ Current Liabilities

= ( Cash + Marketable Securities + Net accounts and notes receivable + Retailers Inventories + Prepaid expenses) / ( Accounts and notes payable(Short term) + Accrued expenses)

= ( 100,000 + 45,000 + 150,000 + 200,000 + 8,000) / ( 315,000 + 90,000)

= 1.24

3. Quick Ratio

= (Current Assets - Inventory) / Current Liabilities

= ( 100,000 + 45,000 + 150,000 + 8,000) / ( 315,000 + 90,000)

= 0.75

8 0

3 years ago