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3 years ago

Concepts; terminology

Business

1 answer:

Hunter-Best [27]3 years ago

7 0

Answer:

1. Balance sheet- An organized array of assets, liabilities, and equity.

2. Liquidity-Relates to the amount of time before an asset is converted to

accounting policies cash or a liability is paid.

3. Current assets -include cash and other assets that are expected to be converted to cash or consumed within one year, or within the normal operating cycle whichever is longer.

4. Operating cycle- Relates to the amount of time before an asset

is converted to accounting policies cash or a liability is paid.

5. Current liabilitiesd-Cash to cash

6. Cash equivalent -One-month U.S. Treasury bill.

7. Intangible asset companies-Lacks physical substance.

8. Working capital-Current assets minus current liabilities.

9. Accrued liabilities -Recorded when an expense is incurred but not yet paid.

10. Summary of signicant-. Important to a user in comparing nancial

information across

11. Subsequent events- Occurs after the scal year-end but before the

statements

12. Unqualied opinion are issued-The statements are presented fairly in

conformity with GAAP.

13. Qualied opinion-Scope limitation or a departure from GAAP.

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Beto Company pays $4.70 per unit to buy a part for one of the products it manufactures. With excess capacity, the company is con

Anastasy [175]

Here, we are decide the best option between making the part or buying the part.

a. Make or Buy Analysis

Particulars Make amount Buy amount

Direct Materials $4.50

Direct Labor $1.00

Overhead (80% of Direct Labor) $0.80

Cost to buy $4.70

Cost per unit $5.70  $4.70

Cost Difference = $5.70 - $4.70

Cost Difference = $1.00

Therefore, the cost difference of making amount over buying amount is $1.00.

b. Because of the difference, Beto should buy the part because its cost is lesser than to make the part.

Therefore, the buying of the part is the best decision.

See similar solution about Analysis

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2 years ago

John Maynard Keynes believed that wages may be inflexible in the downward direction. Consequently, an economy Question 3 options

Nuetrik [128]

Answer:

An economy could get stuck in a recessionary gap

Explanation:

Keynes believed that wages may be inflexible in the downward direction and which would consequently cause an economy to get stuck in the recessionary gap. The recessionary gap happens when a country's real GDP is lower than it's gross domestic product at a state of full employment. It shows the difference between the actual and potential production in an economy. But with the actual being smaller or lower than the potential production.

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3 years ago

Part 4: Marketing Strategy Describe the target market strategy for Lee’s business. Paint a very clear picture of who Lee will be

love history [14]

Answer:

Part 4

The focused on crowd would be secondary school and undergrads. Since the store is situated in the city, which is storage room to our present area according to given data. Focusing on youthful crowd would sure offer lift to deals.

Market entrance use organization current assets and abilities to pick up benefit. It is least dangerous as we should simply keep up piece of the overall industry in showcase. It is like focusing on the database or clients we as of now have, the individuals who will purchase the item when we dispatch it.

Market improvement advises us to catch new fragments and territory with the goal that we can build deal by focusing on new clients and at the same time growing organization branches to new areas.

An item improvement center around explicit objective crowd and more often than not it is made for existing clients. It use organization quality and convey explicit items to existing clients.

Broadening is the most dangerous technique as it requires market and item improvement. The market pattern is generally significant right now the organization can endure immense if the item neglects to catch showcase.

The technique is straightforward comprehend the requirements of crowd and afterward convey the item. For this undertaking we need to consider the fulfillment in the region, comprehend what they are offering and how might we beat them by giving better highlights at same or less expense.

Part 5 (since I don't have content that is being alluded, I will give general methodology that will work fine and dandy)

The execution thought would expect us to accomplice up with nearby stores from the start and request that they promote our items until we open new stores in that area. We can have separate area showing our items and structures and what make us novel from other in the market. We can put accentuation on how our image convey quality items and how they are useful for focused crowd. We can likewise select a salesman on most mainstream areas that will help instruct the clients about our item and its advantages. We can likewise actualize new arrangements for opening week like purchase 2 sets and get 40% rebate. We need to push comparative techniques to pick up consideration and afterward promoting our items to new crowd.

Part 6

To assess our system we have to accomplish our objectives in or before time. We need to assess edges and benefits for better outcomes. On the off chance that our methodology can bring new clients and we can hold them after some time. This will help support our development and afterward we can concentrate on catching various markets around there. This will help boosting our offer in the market.

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4 years ago

A company sold a machine that originally cost $250,000 for $120,000 when accumulated depreciation on the machine was $100,000. t

Ghella [55]

$250000-$100000=$150000
$150000-$120000=$30000

So it's a gain, a gain of $30000
Hope this helps.

7 0

4 years ago

Faye’s bank charges her a $2.25 service fee every time she uses an out-of-network ATM. If Faye uses an out-of-network ATM twice

murzikaleks [220]

Answer:

d. $234.00

Explanation:

The computation of the service fees every year is shown below:

= Service fee × weekly charge method × total number of weeks in a year

= $2.25 × 2 × 52 weeks

= $234

Since we have to compute for the year so we multiplied all three above components. Moreover, it is given in the question that if Faye use out of network than the bank service charge will be double, so we multiplied it by 2

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3 years ago