Answer:
$142,083
Explanation:
Current asset = Accounts receivable + Cash + Inventory + Marketable securities + Prepaid expenses = 70,256 + 16,928 + 73,062 + 36,421 + 2,512 = $199,179
Current liabilities = Accounts payable + Accrued liabilities + Notes payable (short-term) = 29,317 + 6,298 + 21,481 = $57,096
Working capital = Current assets - Current liabilities = 199,179 - 57,096 = $142,083
Answer:
The production level that maximizes Silky's profit is 
ties.
Explanation:
Hi
First of all, as we have 
, we need to transcript it as price in function of the quantity so
Then we need to find income function that is 
. After derivate it 
.
The optimum level is when we have 
, therefore,
, as we clear it for 
we find that
, finally as we have that is measured in hundreds of ties, the production level that maximizes Silky's profit is ties.
Answer:
1. estimate the quantity of raw materials to be purchased.
2. ending raw materials inventory for the last period.
Explanation:
A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year. Budgets are usually compiled, analyzed and re-evaluated on periodic basis.
The first step of the budgeting process is to prepare a list of each type of income and expense that will be part of the budget.
The final step by the management of an organization in the financial decision making process is making necessary adjustments to the budget.
The benefits of having a budget is that it aids in setting goals, earmarking revenues and resources, measuring outcomes and planning against contingencies.
1. The purpose of preparing a direct materials budget is to estimate the quantity of raw materials to be purchased. This includes the raw materials that would be used for the manufacturing of finished goods.
2. In a direct materials budget, the desired ending raw materials inventory for the year is equal to the ending raw materials inventory for the last period.
The diffusion of digital technologies into nearly every workplace, remaking the economy and the world of work is referred to as digitalization.
Digitalization refers to the use of digital technologies in order to change a business model and provide new revenue and value-producing opportunities. Digitalization may be viewed as a technology which affects the main economic aggregates in the economy.
In recent decades, the diffusion of digital technology into nearly every business and workplace has been remaking the economy and the world work more effectively.
Hence, the digitalization of everything has increased the potential of individuals, firms, and society to a great extent.
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