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3 years ago

You are evaluating the balance sheet for PattyCake’s Corporation. From the balance sheet you find the following balances:

Business

1 answer:

goldenfox [79]3 years ago

5 0

Answer:

Explanation:

Current Assets are those asset which will be liquidated within next one year.

cash and marketable securities $360,000

accounts receivable $1,280,000

inventory <u>$2,180,000</u>

Total Current Assets <u>$3,820,000</u>

Current Liabilities are those which is payable within next one year.

accrued wages and taxes $540,000

accounts payable $840,000

notes payable <u>$680,000</u>

Total Current Liabilities <u>$2,060,000</u>

Current ratio measures the capability of a business to pay the current liabilities if it becomes due.

Current Ratio = Current Assets / Current Liabilities = $3,820,000 / $2,060,000 = 1.85 times

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The project's procurement cycle (plan, conduct and control) according to the PMBOK Guide has as its central objective that external procurement for the execution of the project effectively meets your needs.

<h3>Planning</h3>

Planning corresponds to the stage where the purchasing requirements for the project are identified. A working document is developed with a detailed and specific request for proposal and invitation to bid.

It is in the planning phase where potential suppliers and vendors for hiring are identified.

<h3>Conduction</h3>

During the conduction phase, the acquisition agreements are signed and a plan for project management is carried out, with information regarding the cost, budget and schedule of the chosen supplier.

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Find out more information about procurement cycle here:

brainly.com/question/22590420

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2 years ago

Last month a manufacturing company had the following operating results: beginning finished goods inventory - $84,000; ending fin

prohojiy [21]

Answer:

A) $429,000

Explanation:

For computing the cost of goods manufactured for the month, we have to use the formula which is displayed below:

= Sales - Gross profit + ending finished goods inventory - beginning finished good inventory

= $505,000 - $63,000 + $71,000 - $84,000

= $429,000

All items which are mentioned in the question are to be considered in the computation part.

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3 years ago

" One of the difficulties in measuring the effectiveness of IMC efforts is the _______________, where consumers do not act immed

omeli [17]

Answer:

lagged effect

Explanation:

Integrated marketing communication is one that involves the use of all form of communication to obtain a more effective promotion by a company.

The use of combination of promotion tools gives a better effect than each one in isolation.

A major difficulty in measuring IMC is the lagging effect.

Lagging effect is the difference in time between when marketing effort is made and when customers respond to these efforts.

For example consumers do not act immediately after receiving a marketing communication.

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3 years ago

If the CEO of a large, diversified, firm were filling out a fitness report on a division manager (i.e., "grading" the manager),

Rudik [331]

Answer:

a. The division’s basic earning power ratio is above the average of other firms in its industry.

Explanation:

All the rest of the option in the question results in less efficiency of the company's division. In order to achieve a better grade Option A is the only choice.

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3 years ago

Item8 4 points Time Remaining 44 minutes 36 seconds00:44:36 Item 8 Time Remaining 44 minutes 36 seconds00:44:36 Information for

arsen [322]

Answer: $38,250

Explanation:

Current portion of tax is the amount of tax payable on the current taxable income:

= Taxable income * tax rate

= 153,000 * 25%

= $38,250

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