According to tha data,
Receivable stock Turnover ratio = Credit sales / Average debtor
= $4,552 / ($505+$508)÷2
= $4,552 / $506.5
= 8.99
Inventory stock Turnover ratio = Cost ot goods sold / Average Inventory
= $2,637 / ($251+$240)÷2
= $2,637 / $245.5
= 10.74
Current ratio = Current assets / current liabilities
Current assets=$513+$508+$251+$26 = $1,298
Current Liabilities = $150+$377+$1+$102 =$630
Current ratio = $1,298 / $630
= 2.06
Cash ratio = Cash and cash equivalents / Total current liabilities
= $513 / $630
=0.81
Tines Interest earned ratio = Earnings before interest and tax (EBIT)/ Interest
EBIT = Net income + Tax expense + Interest expenses
= $374 + $233 +$72
= $679
Times interest earned ratio = $679 / $72
= 9.43
Cash Coverage ratio = Cash flows from operating activities / Cash paid for interest
= $608 / $65
= 9.35
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Answer:
Dollar amount of ending Finished Goods Inventory = $1,073
Explanation:
The first step is to calculate the cost per unit.
Using absorption costing, the cost of one unit is
Cost per unit = direct materials + direct labor + variable manufacturing overhead + fixed manufacturing overhead per unit.
Now, the number of units left in inventory should be defined
Finished Goods Inventory (FGI) = Beginning Finished Goods Inventory + Units produced - units sold
The dollar amount of ending Finished Goods Inventory is FGI multiplied by the cost per unit.
Answer:
25 years
Explanation:
4% of 100 is $4, $4 times 25 is $100
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Answer:
A) Intuitive - Thinking
Explanation:
It is an intuitive problem-solving style because the employees are first absorbing information by reading the scientific papers, and afterwards, they go through a cognitive process in which new information and old information are related in order to reach new conclusions. This is the congnitive process that intuitives follow.
It is a thinking problem-solving style because the conclusions are now put into an orderly format: guidelines, programs, etc. Besides, the employees employ measuring techniques to evaluate the effectiveness of the programs. This kind of detailed, scientific approached is how thinkers go about solving tasks.
