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hoa [83]
4 years ago
14

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

Business
1 answer:
goldenfox [79]4 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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To meet market needs companies sometimes change product names so that the name in the local language is culturally meaningful. T
Temka [501]

Answer: A Multi-Domestic

Explanation:

A MULTI-DOMESTIC strategy is a decentralized marketing strategy used by companies that are international to expand their market base in a country by encouraging local branches to establish their own marketing strategies that would cater for the country's unique needs, cultures, traditions and preferences.

Like Coca Cola in Iran for example will not have ads of women in bikinis being chilled by a cold Coca Cola bottle in the hot sun because that would go against codes of modesty in Iran.

5 0
4 years ago
A manufacturing company has budgeted production at 940 units for the month. Each unit requires 3.5
USPshnik [31]

The total cost of direct labor for the month will be $ 49350, if the company has budgeted production at 940 units for the month, each unit requires 3.5 hours of labor to produce and the average labor rate is $15 per hour.

Explanation:

The given is,

          Total units produced in a month

                                 = 940 unit per month

          Time for each unit

                                 = 3.5 unit per hour

               Labor rate = $15 per hour

Step:1

           Total Labor working hours for 940 units,

                                  = Total units × Time for each unit

                                  = 940 × 3.5

                                  = 3290 hours

Step:2

           Labor cost total working hours

                                 = Total Labor working hours × Labor cost per hour

                                 = 3290 × 15

                                 = $ 49350

Result:

         The total cost of direct labor for the month will be $ 49350, if the company has budgeted production at 940 units for the month, each unit requires 3.5 hours of labor to produce and the average labor rate is $15 per hour.

5 0
3 years ago
Your U.S.-based company has recently purchased an old office building where employees are being assigned to work. As you are set
Mariana [72]

Answer:

Answer is C. Find a different outlet that uses three prongs.

Refer below.

Explanation:

Your U.S.-based company has recently purchased an old office building where employees are being assigned to work. As you are setting up the employees' desktop computers, you come to one location where the nearest wall outlet has only two prongs. All of the metal-enclosed desktop computers have three-prong cords. The following is the BEST way to proceed with that particular desktop computer:

Find a different outlet that uses three prongs.

5 0
4 years ago
Bade Midwifery's cost formula for its wages and salaries is $1,230 per month plus $240 per birth. For the month of October, the
ki77a [65]

Answer:

wages and salaries activity variance= $1,000 unfavorable

Explanation:

Giving the following information:

Standard:

Fixed= $1,230

Variable= $240 er birth

Actual:

101 births.

The actual wages and salaries for the month was $26,470.

To calculate the activity variance for wages, we need to use the following formula:

wages and salaries activity variance= (actual costs - standards costs)

standards= 1,230 + 240*101= $25,470

wages and salaries activity variance= (26,470 - 25,470)

wages and salaries activity variance= $1,000 unfavorable

4 0
3 years ago
Based on what you see in the maps, how might shifts in the census, and thus the electoral college, affect presidential races. fo
vfiekz [6]

It allows the electorate to create the final decision.

<h3>What is general election system?</h3>

A general election stands as a political voting election where naturally all or most members of a provided political body are chosen. These exist usually held for a nation, state, or territory's primary legislative body, and are diverse from by-elections (only one electorate belongs to the election).

The president of the united states stands voted into office by two systems. The first one stands for the general election system. This is the system that uses the public opinion of the presidential candidates. The presidential candidate exists voted using a secret ballot. The results stand tallied and the presidential candidate with the highest numeral of votes is declared. In the electoral college, a special class specifies the president and votes for the candidate. Despite the outcome of the famous ballot vote, the electoral college exists the final decision.

To learn more about general election system refer to:

brainly.com/question/15452638

#SPJ4

6 0
2 years ago
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