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leonid [27]
4 years ago
5

Kliting Co. is concerned with whether or not it will be able to pay its bills with money coming in from sales. It would be helpf

ul for Kliting to prepare a ____ to better understand its needs.
Business
1 answer:
-BARSIC- [3]4 years ago
5 0

Answer:

Cash budget

Explanation:

A cash budget plan is an estimation of the incomes for a business over a particular time frame. This financial limit is utilised to evaluate whether the element has adequate money to work. This will enable Kliting Co. to settle on basic choices, for example, making monetary reserves to make for anticipated deficiencies and utilising excess reserves sensibly. Also, the money spending helps in organising instalments in the spending time frame. It additionally helps in dividing spending plan.

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A machine costing $206,800 with a four-year life and an estimated $16,000 salvage value is installed in Luther Company’s factory
lina2011 [118]

Answer:

Explanation:

Three types of depreciation relevant are straight line depreciation and number of units basis and double declining method

Straight line

Machine cost - 206,800

salvage value - 16000

Depreciation- 190,800

Useful life - 4 years -

Annual  depreciation = 47,700.00

Year 1= 47,700.00

Year 2= 47,700.00

Year 3= 47.700.00

Year 4- 47,700.00

Total= 190,800

B)

Unit basis

Estimated unit = 477000

Actual units produced = 122700+123000+120500+120800= 487,000

Excess unit produced = 487000-477000=10000

Year 1 = 122700/477000*190800= 49,079.99

Year 2= 123000/477000*190800= 49,199.99

Year 3 = 120500/477000*206800= 48,200.00

Year 4 =120800/477000*206800=48,320,00

Total =$194,800

c)

Double decline method

rate = 1/4*2*100=50%

Year 1= 50%* 206800= 103400.00

Year 2 = 50%* 103400= 51700.00

Year 3= 50% * 51700= 25850.00

Year 4 = 50%* 25850=12925.00

total =193875.

8 0
4 years ago
Two countries produce copper and lead. Country A can produce a maximum
alina1380 [7]

Answer:

A. Country B has a comparative advantage producing copper.

Explanation:

Comparative advantage is the capability of a firm or country to produce a good or service at a lower opportunity cost than rivals. It implies the country uses fewer resources to produce that commodity. Comparative advantage enables a country to have a higher output while using the same inputs as its competitors.

Country B can produce 400 tons of copper, while country A  ability is 300 tons. Country B uses labor and materials more efficiently in copper production; hence it has a comparative

8 0
3 years ago
Based upon Booked Orders and Sales Predictions, the expected finished goods requirements is 550 units over the planning period.
BARSIC [14]

Answer: 0 units

Explanation:

Future Planned Production Orders = Expected goods requirement - Finished goods in inventory - Schedule production

= 550 - 450 - 150

= -50 units

Include no units because the finished goods and the scheduled production make up the requirement for the period.

5 0
3 years ago
A company has advance subscription sales totaling $45,000 for the upcoming year when four quarterly journals will mailed to cust
riadik2000 [5.3K]

Answer:

A.

Debit Unearned Revenue $11,250

Credit Sales $11,250

Explanation:

B. It is an income for the company. Prepaid subscription is an expense for the company. Therefore, it is incorrect.

C. It is contradictory as the company already recorded the first quarter transaction. Therefore, Unearned revenue should be debit. So, it is also incorrect.

D. According to the revenue recognition, revenue is recognized when they are earned. Therefore, the company acquired the cash when the company received last year. So, it is incorrect.

E. Again, cash cannot be credit. Therefore, it is incorrect.

A is the correct answer. As, when the company received the payment, unearned revenue was credit. As the income is now recorded for the first quarter, $(45,000/4) = $11,250 of unearned revenue becomes earned. So, it is debit. Since it is a sale of a company, the sale becomes credit.

3 0
3 years ago
To better understand the needs of prospective customers, marketers use ______.
Slav-nsk [51]

To  better understand the needs of prospective customers, marketers use market  research.

<h3>What is marketing research?</h3>

Marketing research can be defined to be the business aspect that involves a business trying to find out the needs of the target market.

The business would like to gather all the necessary information that they would need for their target customers in order to better meet their needs.

Read more on Market research here:

brainly.com/question/24906199

6 0
2 years ago
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