[preparing trial balance] I am suppose to be preparing a trial balance but base on the accounts and information I have, I have the cost amounts for two years. How would I do that?
Well in this situation the wisest thing to do is to start with your project as soon as possible, start preparing for it and gather all the materials needed in time for the project.
Answer:
<em>.C. cash cow businesses with an excellent financial fit</em>
Explanation:
With an unrelated diversification strategy, the types of companies that make particularly attractive acquisition targets are:A. struggling companies with good turnaround potential, undervalued companies that can be acquired at a bargain price, and companies that have bright growth prospects but are short on investment capital.B. companies offering the biggest potential to reduce labor costs.C. cash cow businesses with an excellent financial fit.D. companies that are market leaders in their respective industries.E. companies that are employing the same basic type of competitive strategy as the parent corporation’s existing businesses.
Big businesses are usually the one that acquire distressed companies /. They are called the cash cow because they are basically business, investment, or product that provides a steady income or profit. they possess a large volume of the market share with little investment contribution to it.
Answer:
(A) Current period productivity= 4 units/hr
Previous period productivity= 3.833units/hr
(B) increase in productivity by 4.356 percent
Explanation:
A manager checkedthe rate of production and found out that a worker produced 160 units while working for 40 hours
In the previous week the same worker produced 138 units while working for 36 hours
(A) The current period productivity can be calculated as follows
= 160 units/40 hours
= 4 units/hr
The previous period productivity can be calculated as follows
= 138 units / 36 hours
= 3.833 units/hr
(B) The productivity growth can be calculated as follows
= current period productivity - previous period productivity / previous period productivity
= 4-3.833/3.833
= 0.167/3.833
= 0.04356 × 100
= 4.356 percent
Hence there was an increase in workers productivity by 4.356 percent
Exact interest method is using 365 days instead of 360.
We are going to use the formula: I = Prt, we will derived
the formula of rate.
r = I /Pt would be our formula, plugging in our amounts.
r = 93.37 / 2000 / (284/365)
= 93.37 / 2000 (0.7781)
= 93.37 / 1556.1643
= 0.06 or 6% when converted to percent.
To check:
I = Prt
= 2000 x 0.06 x 284/365
= 120 x 0.7781
= 93.37
