Answer:
wool purchased = 140,000 yards
Explanation:
given data
wool in each blanket = five yards
production budget = 30,000 blankets
beginning inventory = 30,000 yards
Ending inventory = 20,000 yards
wool costs = $10
to find out
How many yards of wool should Comfy purchase
solution
we get first production in yards that is
production in yards = 30,000 × 5
production in yards = 150,000
and
wool purchased will be
wool purchased = production - ( beginning inventory - Ending inventory)
wool purchased = 150,000 - ( 30000 - 20000 )
wool purchased = 140,000 yards
Because the value of the information, in terms of avoiding a mistake on the purchase, is much higher for an automobile than for a pen or pencil, it is more worthwhile to gather this information.
<h3><u>
Explanation:</u></h3>
A customer rating refers to the rating that the customer gives based on the usage and quality of products. It gives an overall experience of a product by the end-user. It is very important to consult with others who use a particular product before making the purchase decisions.
This is because the user of the product knows the advantages and disadvantages of using that product and he knows whether the purchase of the product is worth it or not. In the given example, the purchase of a pen or a pencil is not that important when compared with the car purchase as the later involves a huge amount of money. Thus, the value of the information, in terms of avoiding a mistake on the purchase, is much higher for an automobile than for a pen or pencil, it is more worthwhile to gather this information.
Answer:
a) $ 400000, $ 24.4 million b) $ 24.4, $ 0.4
Explanation:
His book value represent the valuable assets he contributed and this is $ 400000 invested in the production plant
the market value = the worth of his patent + his investment in production plant = $ 24 million + $ 400000 = $ 24.4 million
b) the price per share = $ 24.4 / 1 million = $ 24.4
the book per share value = $ 400000 / 1 million = $ 0.4
This transaction will affect the financial statement by: Increase inventory and increase accounts payable.
<h3>Financial statement:</h3>
Assuming the company purchased merchandise inventory on account of the amount of $8,500 using the perpetual inventory method the effect of the transaction on the financial statement is: Inventory will increase by $8,500 and accounts payable will increase by $8,500.
The company inventory will increase due to the purchase they made while the company accounts payable will increase because the company purchased the goods on credit which simply means that they are yet to pay their suppliers.
Inconclusion this transaction will affect the financial statement by: Increase inventory and increase accounts payable.
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"Economies of scale can be achieved by international expansion because a company can lower its average unit cost, better utilize its production facilities, and increase its bargaining power with suppliers."
An economy includes all activities involved in the production, consumption, and trade of goods and services within an entity, whether that entity is a country or a small city.
No two economies are alike. Each is trained according to his or her own resources, culture, law, history, and geography. Essentially, economies work by distributing scarce resources among individuals and institutions.
A series of markets where goods and services are traded, backed by capital, come together to form an economy. These networks exist at the local, national and international levels.
With a GDP of $23 trillion, the United States is by far the world's top economy in this ranking for 2021. It is followed by China in second place with a GDP of $17.7 trillion. Canada is also far ahead in international comparisons and ranks 9th in this ranking.
Learn more about Economies here: brainly.com/question/17996535
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