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Juli2301 [7.4K]
3 years ago
8

Here is financial information for Shamrock, Inc.

Business
1 answer:
crimeas [40]3 years ago
6 0

Answer:

2017 Total $510,500

2016 Total $444,500

Difference $66,000

Percent Change 14.85%

Explanation:

Shamrock, Inc.

December 31, 2017

SCHEDULE OF HORIZONTAL ANALYSIS

ITEM(a) 2017(b) 2016(c) AMOUNT(d=b-c) %CHANGE(e=d/c*100)

<em>ASSETS</em>

Current Assets $108,000 $92,500 $15,500 16.76%

Plant Assets (net) $402,500 $352,000 $50,500 14.35%

<u>Total Assets $510,500 $444,500 $66,000 14.85%</u>

<em>LIABILITIES</em>

Current Liabilities $101,500 $67,000 $34,500 51.49%

Long-term Liabilities $124,000 $92,500 $31,500 34.05%

<em>STOCKHOLDERS' EQUITY</em>

Common stock, $1 par $132,000 $117,000 $15,000 12.82%

Retained earnings $153,000 $168,000 -$15,000 -8.93%

<u>TOTAL LIABILITIES & EQUITY $510,500 $444,500 $66,000 14.85%</u>

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Answer:

The main reason for imposing price ceilings is to protect the interests of the consumers in situations in which they are not able to afford needed commodities.

Explanation:

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2 years ago
Crane Company can produce and sell only one of the following two products: Oven Contribution Hours Required Margin Per Unit Muff
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The question is reproduced in the table below for clarity                        

                               Oven                                  Contribution

                         Hours Required                 Margin Per Unit

Muffins                        0.2                                           $4

Coffee Cakes        0.3                                        $5

Answer:

Total contribution margin = $ 60,000.00

Explanation:

<em>When a business is faced with a problem of shortage of a resource which can be used to produced more than one product type, to maximize the use of the resource , the business should allocate it for production purpose in  such a way that it maximizes the contribution per unit of the scare resource.</em>

Therefore Crane Company should alocate the oven hours to maximise the contribution per unit of oven hour. This is done as follows:

Step 1

<em>Calculate he contribution per oven hour and rank the product</em>

                                                                      cont/hr                   ranking

Muffin                        $4/0.2 hour =              20                     <em> 1st</em>

Coffee cakes                 $5/0.3 hour=        16.67                      2nd

<em>Because Muffin generates the highest contribution per hour of Oven, Crane should allocate all the resource to it</em>

Step 2

<em>Calculate the Total contribution from the production of Muffin</em>

Total contribution margin = 20 per her × 3000

                                        = $ 60,000.00

8 0
3 years ago
Read 2 more answers
Markland First National Bank of Rolla utilizes Kanban techniques in its check processing facility. The fol-lowing information is
Alisiya [41]

Answer:

the current daily demand of the check processing facility is 8000 units, and a 16 containers is required.

Explanation:

Solution

Given that,

(A) The calculation of delay demand is as follows:

K = (<u>+_</u>) (<u>1 +)</u> C

K = is the number of containers

d = the average delay demand

w = the waiting time per average per unit

p = the average processing time per unit

C = Container quantity

α = safe guard policy variable

Now,

The average processing  time = 2/24 * 60 =0.0167

The average waiting time is = 2/24 =0.083

The required number of container  = 20 = (0.083 + 0.0167 ) (1 + 0.25) /50

which is

20 * 50 = (0.1) (1.25)

Thus,

1000 / 0.125 = 8000

Now,

The average daily demand is 8000

The next step is to find out how many containers would be needed.

Now,

If there is no waste, it is = 0

The required  number of containers will be =

K = 8000 ( 0.083 + 0.0167) ( 1 + 0 )/ 50

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nikdorinn [45]

Answer:

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Explanation:

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Solnce55 [7]

Answer:

The correct answer is Maverick buying.

Explanation:

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The "maverick buying", refers to purchases out of contract or channels established by an organization. For example, the Corporate Supply department negotiates a competitive price for certain particular models of laptops with a distributor. Days later, someone from the Human Resources department requests the purchase of a much more expensive model, for which a discount has not been negotiated.

Another example: traveling in an airline and staying in a hotel other than those with which the company has signed agreements.

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