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frez [133]
3 years ago
5

When goods are transferred from the WorkminusinminusProcess Inventory account to the Finished Goods Inventory​ account, ________

.
A. total assets of the company remain constant

B. total assets and total liabilities increase by the same amount

C. total equity and total assets increase by the same amount

D. total liabilities increase and total equity decreases by the same amount
Business
1 answer:
snow_tiger [21]3 years ago
6 0

Answer:

A. total assets of the company remain constant

Explanation:

Mainly there are three stages to make the final product. These are

1. Raw material

2. Work in progress

3. Finished goods

When the product is finished in all respects. It is ready for sale.  

According to the given situation, when work in progress inventory is transferred to the finished goods, the inventory part or we can say the asset part remains constant. As a raw material, work in progress, and the finished goods are the inventory.  

The work in progress balance will get reduced by the same amount as finished goods increased.

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Bert's company is about to release a new electronics product. The electronics product is estimated to have a short life cycle be
Anastasy [175]

Answer: The answer is price skimming.

Explanation:

The price skimming is a form of price discrimination overtime rather than space. It is a situation where a company wants to take the advantage of some buyers willing to pay a higher price for a product than other because, To them the product has a high present value price in order to earn extra money from such buyers.

This type of objective is favoured where the following condition exist

1. There are enough buyers who want to pay higher price.

2. The higher price will not quickly attract entry by competitors.

3. The demand for the goods is highly inelastic, in cases whereby buyers are not price sensitive and therefore, do not react to higher prices.

4. If the Market is a narrow one

5. If the emphasis is not on high volume production and sales.

7 0
3 years ago
Based on your understanding of bond ratings and bond-rating criteria, which of the following statements is true?A) BBB bonds usu
Yanka [14]

Answer: US government bonds usually have the lowest yields in the bond markets.

Explanation:

Based on the understanding of bond ratings and bond-rating criteria, it should be noted that the US government bonds usually have the lowest yields in the bond markets.

The statement that "BBB bonds usually have the lowest yields in the bond markets" is incorrect.

7 0
3 years ago
Lee Sun's has sales of $3,900, total assets of $3,600, and a profit margin of 5 percent. The firm has a total debt ratio of 41 p
sasho [114]

Answer:

The answer is 9.18 percent.

Explanation:

Return on equity = Net income(profit) / Total equity.

We need to find net profit and equity.

1. To find net income:

Profit margin = profit/sales

So profit = 0.05 x $3,900

= $195

2. To find asset:

Total debt ratio = total debt(liabilities)/ assets

Total debt = 0.41 x $3,600

Total debt(liabilities) = $1,476

Equity = Assets - liabilities

$3,600 - $1,476

= $2,124.

Therefore, return on equity is:

$195 /$2,124

0.0918

Expressed as a percentage

9.18 percent.

7 0
4 years ago
A pay policy lineA. shows the mathematical relationship between the minimum pay and the maximum pay in an organization.B. can be
schepotkina [342]

Answer: (E)

A pay policy line "reflects the pay structure in the market, which always matches rates in the organization."

Explanation:

A company will usually consider the the general pay structure of its market while setting its own pay level. This helps prevent the company from overpaying or underpaying its employees.

This pay level the company sets its pay at, is called a pay policy line.

4 0
3 years ago
Use the following items to determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows
Alexxandr [17]

Answer: should be b

Explanation:

4 0
3 years ago
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