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Thepotemich [5.8K]
3 years ago
10

Why would the top-level managers at Nutzandboltz, a hardware company, decide to invest free cash flow in product lines such as c

lothing or toys
Business
1 answer:
faltersainse [42]3 years ago
8 0

Answer:

"To increase the level of diversification" is the right answer.

Explanation:

  • The justification why and how the high-level managers from Nutzandboltz, a technology firm, intend to invest earnings per share throughout market segments including such merchandise as well as accessories, would be to maximize the long term growth ratio.
  • The other explanation may be to minimize the chances of their jobs.

So that the above is the correct answer.

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Pinkie Print​ Supplies, Inc., sells laser printers and supplies. Assume Pinkie started the year with 100 containers of ink​ (ave
ArbitrLikvidat [17]

Answer:

Instructios are listed below

Explanation:

Giving the following information:

Assume Pinkie started the year with 100 containers of ink​ (average cost of $ 9.10 ​each, FIFO cost of $ 8.60 ​each, LIFO cost of $ 8.00 ​each).

During the​ year, the company purchased 800 containers of ink at $10.00 and sold 600 units for $21.75 each. Pinkie paid operating expenses throughout the​ year, a total of $ 5,000.

FIFO:

Sales= 600*21.75= 13,050

COGS= (100*8.60 + 500*10)= 5860

Gross profit= 7190

Operating expense= 5000

Net operating profit= $2,190

LIFO:

Sales= 13,050

COGS= (600*10)= 6000

Gross profit= 7,050

Operating expense= 5000

Net operating profit= $2,050

Average-cost

Sales= 13,050

COGS= [(9.10+10)/2]*600= 5730

Gross profit= 7,320

Operating expense= 5000

Net operating profit= $2,320

6 0
3 years ago
Which of the following statements is the best way to state your position in a conflict?
Dima020 [189]
Answer A, it causes the least conflict and the person should not feel attacked. It also shares your emotion about the situation in a polite way.
8 0
3 years ago
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Which statement is true about the gross profit method of inventory valuation?
Travka [436]

Answer:

b. It may be used to estimate inventories for interim statements.

Explanation:

As we know that

Gross profit = Sales - the cost of goods sold

By doing the inventory valuation through the gross profit method, it estimated inventories for interim statements as these statements are covering the financial information that is less than a year so that the proper analysis could be made and in this, no auditing is required.  

Therefore, for interim statements, the gross profit method is required.  

 

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The Work in Process Inventory account of a manufacturing company has a $3,550 debit balance. The company applies overhead using
DanielleElmas [232]

Answer:

$1,070

Explanation:

Calculation to determine the amount of applied overhead is:

Using this formula

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Let plug in the formula

Applied overhead= $3,550 - $1,610 - $870

Applied overhead=$1,070

Therefore the amount of applied overhead is:$1,070

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2 years ago
If you could create one product that makes your daily life easier, what would that product be? How would that product work? Wher
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Answer:

Explanation:

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