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3 years ago

Suppose the following selected condensed data are taken from a recent balance sheet of Bob Evans Farms (in millions of dollars).

Business

1 answer:

Shalnov [3]3 years ago

3 0

Answer:

The answer is

1. -$96 million

2. 0.52:1

Explanation:

1. Working capital = total current assets - total current liabilities

Current assets:

Cash. $ 31.9 million

Accounts receivable $21.0 million

Inventory $28.1 million

Other current assets. $23.0 milllion

Total current assets $104.0 million

And current liabilities is$200.0 million

Therefore, working capital is:

$104 - $200

= -$96 million

2. Current ratio = current assets/current liabilities

$104 million / 200 miliion

=0.52:1

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Janelle Heinke, the owner of Ha'Peppas!, is considering a new oven in which to bake the firm's signature dish, vegetarian pizza.

NikAS [45]

Answer:

a) Oven A = 1,667; Oven B = 2,353 pizzas.

b) Oven A

c) Oven A

d) 13,334 pizzas

Explanation:

Since nothing was mentioned regarding her time availability, the capacity of each oven will not be taken into account.

The income equation for ovens A and B, respectively, are:

$A=(14-2)x-20,000\\B=(14-1.25)x-30,000$

Where 'x' is the number of pizzas sold.

a) The break-even occurs when income is zero:

$A=0=(14-2)x-20,000\\x_A=1,666.66\\B=(14-1.25)x-30,000\\x_B=2,352.94$

Rounding up to the next whole pizza, the break-even for oven A is 1,667 pizzas and for oven B it is 2,353 pizzas.

b) For x = 9,000:

$A=(14-2)*9,000-20,000\\A=\$88,000\\B=(14-1.25)*9,000-30,000\\B=\$84,750$

Income is greater with oven A, so Janelle should use oven A.

c) For x = 12,000

$A=(14-2)*12,000-20,000\\A=\$124,000\\B=(14-1.25)*12,000-30,000\\B=\$123,000$

Income is greater with oven A, so Janelle should use oven A.

d) She should switch ovens at the value for 'x' that causes B to be greater than A:

$A$

Rounding up to the next whole pizza, she should switch ovens at a volume of 13,334 pizzas.

7 0

3 years ago

Hey I need help please

Rashid [163]

Okay what do you need help with

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3 years ago

Many organizations choose to accomplish aggregate planning on the basis of _____ and _____ methods. Multiple Choice spreadsheet;

Degger [83]

Majority of organizations choose to accomplish aggregate planning on the basis of simulation and experience methods.

<h3>What is an aggregate planning?</h3>

This refers to the process of developing and maintaining a schedule of the overall operations of an organization.

Most organization uses an aggregate planning to achieve their financial goals and improve the bottom line.

Therefore, the Option C is correct.

Read more about aggregate planning

<em>brainly.com/question/18803972</em>

#SPJ1

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2 years ago

A company's current sales are $300,000 and fixed expenses total $225,000. The contribution margin ratio is 30%. The company has

jeka57 [31]

Answer:

$6,000

Explanation:

The net operating income will increase by $6,000;

$70,000*30%-$15,000=$6,000

As the CM ratio is 30% and $15,000 are fixed expenses,net result will be increase in net operating income.

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3 years ago

Identify the three components of retained earnings.

Hoochie [10]

The beginning period retained earnings, net profit/net loss made during the accounting period, and cash and stock dividends paid during the accounting period. (i may be wrong because there was no picture but i this is right)

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2 years ago