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3 years ago

Consider the relative liquidity of the following assets: Assets

Business

1 answer:

Marrrta [24]3 years ago

3 0

Answer:

4. Your house - MONEY IS THE MOST LIQUID ASSET THAT CAN EXIST

2. The funds in a savings account - MOST SAVINGS ACCOUNTS ALLOW THEIR CLIENTS A CERTAIN NUMBER OF WITHDRAWALS OR ELECTRONIC TRANSFERS PER MONTH, SO MONEY AT A SAVINGS ACCOUNT IS ALSO VERY LIQUID.

1. A bond issued by a publicly traded company - THE COMPLETE PROCESS OF SELLING A BOND MAY TAKE FROM ONE FULL DAY TO A FEW DAYS, SINCE FIRST YOUR TRADER MUST SELL THE BOND AND THEN THEY MUST TRANSFER THE MONEY TO YOUR ACCOUNT. STILL BONDS ARE LIQUID ASSETS.

4. Your house - SELLING A HOUSE IS A LONG PROCESS THAT CAN TAKE A FEW DAYS (AT BEST) TO SEVERAL MONTHS, SO A HOUSE IS NOT A VERY LIQUID ASSET.

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Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Performance reports are prepared mo

Usimov [2.4K]

Answer:

1) Planning Budget

Packaging Solutions Corporation

Production Department Planning Budget

For the Month Ended March 31

Direct labor 66010

Indirect labor 10240

Utilities 8270

Supplies 2520

Equipment depreciation 29890

Factory rent 8400

Property taxes 2600

Factory administration 16380

Total expense 144310

2) Flexible budget :

Packaging Solutions Corporation

Production Department Flexible Budget

For the Month Ended March 31

Direct labor 62790

Indirect labor 9960

Utilities 8130

Supplies 2480

Equipment depreciation 29310

Factory rent 8400

Property taxes 2600

Factory administration 16220

Total expense 139890

3.Packaging Solutions Corporation

Production Department Flexible Budget Performance Report

For the Month Ended March 31

Spending Variances

Direct labor 1540 U

Indirect labor 540 F

Utilities 530 U

Supplies 250 U

Equipment depreciation None

Factory rent 400 U

Property taxes None

Factory administration 610 F

Total expense 1570 U

Explanation:

Based on the information given from the question, the planning budget will look like the following

1) Planning Budget

Packaging Solutions Corporation

Production Department Planning Budget

For the Month Ended March 31

Direct labor 66010

Indirect labor 10240

Utilities 8270

Supplies 2520

Equipment depreciation 29890

Factory rent 8400

Property taxes 2600

Factory administration 16380

Total expense 144310

2) Flexible budget :

Packaging Solutions Corporation

Production Department Flexible Budget

For the Month Ended March 31

Direct labor 62790

Indirect labor 9960

Utilities 8130

Supplies 2480

Equipment depreciation 29310

Factory rent 8400

Property taxes 2600

Factory administration 16220

Total expense 139890

3.Packaging Solutions Corporation

Production Department Flexible Budget Performance Report

For the Month Ended March 31

Spending Variances

Direct labor 1540 U

Indirect labor 540 F

Utilities 530 U

Supplies 250 U

Equipment depreciation None

Factory rent 400 U

Property taxes None

Factory administration 610 F

Total expense 1570 U

7 0

3 years ago

What is true about early managers?

LekaFEV [45]

Answer:

Well there Hell to work with they think everything belongs to them and there just brats.

Explanation:

6 0

3 years ago

To be able to explain and defend their ideas objectively to others, individuals usually need to have effective __________ skills

Tems11 [23]

Individuals usually need to have effective communication skills

3 0

3 years ago

You have an idea for a company that sources fruits from local farms and makes fresh juices on a daily basis. You want to start a

Semmy [17]

Answer:

VRIO = Value Rarity Imitablility Organization.

Value highlights on the source is valued or not. It reflects that the company is systematized to deed the reserve of competence. Rarity is asked in positions of how infrequent and exclusive the assets are. Imitability means that how problematic is it for participants to duplicate the resource or competence. Organization is asked in positions of how fine the assets are structured to exploit the benefits in the market.

Therefore, it is focused that the value, rarity and the organization is focused in the question but imitability isn’t focused. However, some skills or resources are too expensive to be copied by other firms

5 0

3 years ago

Gudenas Company makes a credit card sale to a customer for $500. The credit card sale has a grace period of 30 days and then an

omeli [17]

Answer:

The interest charge is $4.50

Explanation:

interest charged = 300*1.5%

= $4.50

Therefore, The interest charge is $4.50

7 0

3 years ago