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3 years ago

The effectiveness of a boycott depends on worker’s ability to do what?

1 answer:

3 0

The agreements on the boycott, or by not working and making sure that the company they are trying to boycott know that they need them to be a successful company.

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Asset management ratios are used to measure how effectively a firm manages its assets, by relating the amount a firm has investe

gtnhenbr [62]

Answer:

Crawford Construction

1. Crawford Construction sold and replaced its inventory:

a. 4.14 x

2. With Construction Industry Inventory Turnover Ratio as 4.55x, Crawford Construction:

b. Crawford Construction is holding more inventory per dollar of sales compared to the industry average

Explanation:

a) Data and Calculations:

Quick ratio = 2.00x,

Cash = $36,225

Accounts receivable = $20,125

Inventory = x

x= $80,500 - 36,225 - 20,125 = $24,150

Total current assets = $80,500

Total current liabilities = $28,175

Annual sales = $100,000

Using annual sales instead of cost of goods sold to calculate the inventory turnover, = Turnover/Inventory = $100,000/$24,150 = 4.14x

b) Quick ratio equals (Current assets - Inventory)/Current Liabilities. Computing the quick ratio in place of the current ratio can be used to identify how Crawford Construction can meet its current (short-term) debts without selling inventory and recovering funds from the sale.

c) The Inventory Turnover Ratio divides the cost of goods sold by the average inventory. The Sales value can approximate the cost of goods sold. The ratio shows the efficiency of Crawford Construction in handling its inventory. The higher the value of the ratio, the better, showing that Crawford is more efficient when it gets a higher turnover ratio.

7 0

2 years ago

Kingbird Company has the following stockholders’ equity accounts at December 31, 2017.Common Stock ($100 par value, authorized 8

viktelen [127]

Answer:

Journal Entries :

Common Stocks $29,400 (debit)

Cash $29,400 (credit)

Dividends Declared $174,300 (debit)

Shareholders for Dividends $174,300 (credit)

Shareholders for Dividends $174,300 (debit)

Cash $174,300 (credit)

Cash $30,600 (debit)

Common Stocks $30,600 (credit)

Common Stocks $48,300 (debit)

Cash $48,300 (credit)

Cash $29,100 (debit)

Common Stocks $29,100 (credit)

Explanation:

Common Stocks $29,400 (debit)

Cash $29,400 (credit)

Purchase Cost = 300 shares × $98 = $29,400

Dividends Declared $174,300 (debit)

Shareholders for Dividends $174,300 (credit)

Dividend Calculation = (8600 - 300) × $21 = $174,300

<em>Note : Recognize the Liability : Shareholders for Dividends and recognise the Equity Element : Dividends Declared</em>

Shareholders for Dividends $174,300 (debit)

Cash $174,300 (credit)

<em>Note : De-recognize the Liability : Shareholders for Dividends and De -recognize the Assets of Cash.</em>

Cash $30,600 (debit)

Common Stocks $30,600 (credit)

Proceeds = 300 shares × $102 = $30,600

Common Stocks $48,300 (debit)

Cash $48,300 (credit)

Purchase Cost = 460 shares × $105 = $48,300

Cash $29,100 (debit)

Common Stocks $29,100 (credit)

Proceeds = 300 shares × $97 = $29,100

5 0

3 years ago

________ represents a debt owed for renting a building.A.Rent PayableB.Rent ExpenseC.Rent RevenueD.Prepaid Rent

krek1111 [17]

Answer:

A. Rent Payable

Explanation:

Rent Payable refers to an expense which is certain and is to be paid in future. It represents a debt in the sense that it is an obligation which is required to be met in the near future.

The journal entry for rent payable is recorded as follows,

Rent A/C Dr.

To Rent Payable A/C

(Being rent payable recorded)

Rent Payable A/C is a liability while rent is an expense. Expenses are debited and liabilities are credited so as to recognize them.

6 0

3 years ago

You purchased 1,000 shares of stock in Natural Chicken Wings, Inc., at a price of $43.37 per share. Since you purchased the stoc

leonid [27]

Answer:

9.68%

Explanation:

Percent Return on Investment is calculated as Net Profit / Cost of Investment x 100

Net Profit= $46,620 (1,000 x $46.62 per share) + $950 (1,000 x $.95 per share) - $43,370 (1,000 x $43.37 per share) = $4,200

Cost of Investment= $43,370 (1,000 x $43.37 per share)

Percent Return on Investment= $4,200 / $43,370 x 100 = 9.68%

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3 years ago

Use the information in the chart to calculate the real exchange rate between the U.S. dollar and the Indian rupee. Round to the

JulsSmile [24]

Answer: 52.51 rupees/dollar

Explanation:

The real exchange rate attempts to account inflation in the countries being compared by using prices in the exchange rate.

The formula for calculating it is;

Real exchange rate = Nominal exchange rate *(Price index of domestic country/Price index of foreign country)

Real exchange rate in 2014 = 57*(99.5/108)

= 52.51 rupees/dollar

3 0

3 years ago