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3 years ago

Definition of Diversification-

Business

2 answers:

Darina [25.2K]3 years ago

6 0

Answer:

the action of diversifying something or the fact of becoming more diverse

Explanation:

Andrej [43]3 years ago

3 0

I’m assuming this question is within the context of business or economics so I’ll frame my answer accordingly. Diversification is varying your portfolio(the investments you make or in a business’ case, the services they) to help lower the overall risk you take on. An example of this is a company that offers invests in oil, hotels, and restaurants. If the oil industry took a dive, the firm would not go under cause of revenue from its other investments.

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The following data is available for BOX Corporation at December 31, 2017: Common stock, par $10 (authorized 30000 shares) Treasu

marishachu [46]

Answer:

A) 26920

Explanation:

Issued common stock with par $10, total $270,000. The total number of issued stocks = $270,000 / $10 per stock = 27,000 stocks

Stocks held in Treasury = $1,200 / $15 per stock = 80 stocks

The total number of outstanding stock = total number of issued stocks - stocks held in Treasury = 27,000 stocks - 80 stocks = 26,920 stocks

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3 years ago

Immen Corporation manufactures two products: Product B82O and Product P99Y. The company uses a plantwide overhead rate based on

Arisa [49]

Answer:

Allocated overhead = $704,200

Explanation:

Allocated overhead = overhead absorpton rate × labour hours

Overhead absorption rate = estimated overhead /estimated labour hours

= $( 330,000 + 300,000 + 46,000 + 330,000)/(3000+7000) labour hours

=$100.6 per hour

Overhead to be allocated to Product P99Y= $100.6 × 7000

= $704,200

Allocated overhead = $704,200

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3 years ago

You are opening a savings account that earns compound interest. Which compounding frequency will earn you the MOST money?

MrRa [10]

Compounding daily (everfi) follow on ig stephhislit

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4 years ago

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Problem 9-1 Comparing Renting and Buying [LO9-2] Rental Costs Buying Costs Annual rent $ 7,380 Annual mortgage payments $ 9,800

s2008m [1.1K]

Answer:

Computation of Rental Costs

Particulars Amount

Rent $7,380

Insurance $145

Loss of Interest on Security Deposit $39 ($650*6%)

Total Rental Costs $7,564

Computation of Buying Costs

Particulars Amount

Annual Mortgage Payments $9,800

Taxes, Insurance and Maintenance $2,830 ($1,050+$1,780)

Loss of Interest on Down Payment $270 (4,500*6%)

Growth in Equity -$225

Annual Appreciation -$1,700

Mortgage Interest Tax Savings -$2,681 (9,575*28%)

Tax Savings from Property Taxes -$498 (1,780*28%)

Total Buying Costs $7,796

b. Based on the cost criteria, i would recommend renting as it results in lesser cost

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3 years ago

Procter & Gamble is a multinational corporation that manufactures and markets many household products. Last year, sales for

Stolb23 [73]

Procter & Gamble is a multinational corporation that manufactures and markets many household products is our goal is to use every opportunity we have no matter how small to set change in motion. To be a force for good and a force for growth. Compute Procter & Gamble's receivable turnover ratio and its inventory turnover ratio.

Ans.1a Account receivables turnover ratio = Net credit sales / Average trade receivables

74756 / 6447

11.60 times

*Net credit sales = Total sales * 90%

83062 * 90%

74756

*Average receivables = (Beginning receivables + Ending receivables / 2

(6508 + 6386) / 2

6447

Ans.1b Inventory turnover ratio = Cost of goods sold / Average inventory

42362 / 6834

6.20 times

Cost of goods sold = Total sales - Gross profit

83062 - (83062 * 49%)

42362

*Average inventory = (Beginning inventory + Ending inventory) / 2

(6909 + 6759) / 2

6834

Ans.2a Days' sales in accounts receivables = No. of days in year / Receivables turnover ratio

365 / 11.60

31.47 days

Ans.2b Days' sales in inventory = No. of days in year / Inventory turnover ratio

365 / 6.20

58.87 days

Learn more about turnover ratio here

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2 years ago