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3 years ago

The ability for a business to pay all that is owed is called what?

2 answers:

3 0

Solvency. The ability for a business to pay debts on hand is referenced as solvency same Latin root as resolve. Liquidity references the percentage of cash on hand.

Bess [88]3 years ago

3 0

I believe the answer is B. Strategies .

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The 2016 balance sheet of Whole Foods Market reports operating assets of $5,489 million, operating liabilities of $2,066 million

frosja888 [35]

Answer:

Correct option is E.

Explanation:

There is not enough information to calculate the amount.

Net operating asset= Operating Assets - Operating Liabilities

=$5489 Million - $2066 Million

=$3423 Million

Hence Average net operating assets can't be calculated by given information.

8 0

3 years ago

For the coming year, Belton Company estimates fixed costs of $60,000, the unit variable cost of $25, and the unit selling price

NeTakaya

Answer:

1. Break even point in units = 2,400 units

2. Sales required = 6,400 units

3. Operating income = $140,000

Explanation:

Given:

Fixed costs = $60,000

Variable cost =$25 per unit

Selling price = $50 per unit

Computation:

1. Break-even point in units of sales.

Contribution per unit = sales - VC

Contribution per unit = $50 - $25

Contribution per unit = $25

Break even point in units = Fixed costs / Contribution per unit

Break even point in units = $60,000 / $25

Break even point in units = 2400 units

2. Unit sales required to realize operating income = $100,000

Sales required = (Fixed costs + Operating income) / Contribution per unit

Sales required = ($60,000 + $100,000) / $25

Sales required = 6400 units

3. Operating income if sales total = $400,000

Contribution margin = [$25/ $50]100 = 50%

Operating income = Contribution margin - Fixed costs

Operating income = ($400,000 × 50%) - $60,000

Operating income = $140,000

5 0

3 years ago

The income approach calculates the _____.

Fantom [35]

Answer:

National income

Explanation:

Income method of gross domestic product (GDP) measurement is focused onto the accounting fact that almost all economic spending should be equivalent to the amount of revenue earned by the output of all consumer products and services.

This method also supposes that an economy has 4 major production determinants and all earnings must go to any of these 4 sources. Thus a simple calculation of the gross tangible value of commerce over a span could be made by combining all revenue sources.

Thus, from the above we can conclude that the correct option is C.

8 0

3 years ago

Four years ago, when Cox's spouse died, Cox filed a joint tax return for that year. Cox did not remarry, but continued to provid

ArbitrLikvidat [17]

Answer:

Head of household.

Explanation:

Cox can qualify as a head of household because he provides full support for a minor child for more than six months.

Currently a head of household has lower tax rates compared to single filers or married people filing separately, head of household 22% tax rate starts at $52,851, while a single filer's 22% tax rate starts at $39,476.

7 0

3 years ago

Skullcandy makes headphones. For 2016 it plans to offer a new product line of wireless headsets to the marketplace. It planned o

Yuki888 [10]

This is an example of a company’s: <u>objective</u>.

<u>Explanation</u>:

Objective is an aim to achieve something. Objectives explains what are to be done.

A company's objectives describe the goals that are to be achieved by the organization. The strategies will also be defined to achieve the goal. The resources, material and finance to achieve our goal are also defined to reach the objective. The company defines its objective to increase their success rate.

In the above scenario, Skullcandy decides to launch its new product- a wireless headset. The company decides to increase its market share by releasing the new product. This shows the objectives of the company.

4 0

3 years ago