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Airida [17]
3 years ago
11

Brenda's Bar and Grill has current liabilities of $15 million. Cash makes up 10 percent of the current assets and accounts recei

vable makes up another 40 percent of current assets. Brenda's current ratio is 2.1 times.
Calculate the value of inventory listed on the firm's balance sheet. (Enter your answer in millions to 2 decimal places.
Business
1 answer:
maria [59]3 years ago
3 0

Answer:

The value of inventory is $15.75 million as shown in the calculation below.

Explanation:

In order to calculate the inventory of Brenda's Bar and Grill we substitute for the values of current ratio and liabilities into the current ratio formula with current assets, the known taken as x.

Current ratio=current assets/current liabilities

2.1=x/$15m

x=$15m*2.1

x=31.5 m

Hence current assets is $31.5

Since current is comprises of  10% cash ,40% accounts receivable,hence inventory has the balance of 50%.

As a result inventory is 50%*$31.5

Inventory is $15.75

The company might need to calculate quick ratio to actually confirm  its short term liquidity position.

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You are the project manager for a project to demolish an existing library in your town and construct a new library in its place.
sesenic [268]

Answer:

The finishing of the assignment in the allotted time allotment is critical. To finish the undertaking in a limited ability to focus time it is imperative to utilize whatever number gifted individuals as would be prudent. However, utilizing more individuals would prompt expanded expenses and thus expanded spending plans.  

To accomplish this it is essential to initially design the arrangement of exercises that should be finished. When the equivalent is arranged, it is basic that gifted work ought to be looked to place the exercises in real life.  

For the finishing of the undertakings one would require:  

  1. Project Manager  
  2. Architect  
  3. Designer  
  4. Contractor-The contractual worker would need to set up 2 artisans, 1 painter,1 circuit tester, 2 craftsmen and 2 cleaners.  
  5. Accountant  

The bricklayers would have the significant lump of the work that must be identified with destruction and building the block dividers and putting them.This would additionally require the assistance of cleaners to enable the artisans to will the necessary material just as complete the cleaning post work. Additionally, the put dividers should be watered which will be finished by the more clean. When the dividers are constructed which will take around 3 months as there are just 2 bricklayers. When that is part of the way through the circuit repairmen and the craftsmen can all the while start with their work which will take around a month's time.The dividers will be built totally at this point and the painters would then be able to be utilized to paint the library. This work will be finished in around 5 months time. Crafted by the engineer should be possible by the fashioner who might be controlling the laborers with respect to the sort of dividers, the columns , the shading on the dividers and so forth.  

Henceforth one of the three assets that can be killed is the engineer. This will likewise be financially savvy as the charges of the engineer are more than that of a planner and a similar work can be delivered by the fashioner dependent on the spending limits.  

The task director can additionally lessen one more asset as a more clean. For the development just as painting as the work is separated into patches, one cleaner would get the job done as an assistance to all the specialists in question. The experts included would themselves be able to deal with the appointed errands dependent on the courses of events.  

The third asset that can be checked out is the craftsman. Just one craftsman can be utilized to get the racks, counters and the racks structured so the work is finished inside cutoff times.

6 0
3 years ago
A company makes bikes from recycled metal. For a recent job lot of 200 bikes, the company incurred direct materials costs of $6,
uranmaximum [27]

Based on the number of bikes produced and the costs incurred, the cost per bike would be<u> $85 per bike. </u>

First find the total cost of producing all the bikes.

<h3>Total cost of production </h3>

= Direct materials + Direct labor + Factory overhead

= 6,000 + 2,000 + 9,000

= $17,000

<h3>What is the cost per Bike?</h3>

= Total cost of production / Number of bikes

= 17,000 / 200

= 85 bikes

In conclusion, it was $85 per bike.

Find out more on cost per unit at brainly.com/question/23700866.

8 0
3 years ago
Which of the following would generally not be considered an attribute of a good leader? listener combative guide patient
hoa [83]

Answer:

Combative

Explanation:

5 0
3 years ago
Read 2 more answers
For any competitive market, the supply curve is closely related to the a. firms’ costs of production in that market. b. interest
Keith_Richards [23]

Answer:

The correct answer is option a.

Explanation:

The supply curve of a firm is closely related to the cost of production of the firm in a competitive market. If the cost of production is lower the firm will be able to supply more. If the cost of production is higher, the firm will supply less.  

The cost of production, on the other hand, depends upon the price of inputs used in the process of production.  

Consumer preferences and income tax rates affect the demand for goods. The interest rate on government bonds affects its demand.

5 0
3 years ago
the costs of running a business are called ___________. a. startup costs b. cash flow c. operating expenses d. fixed costs
ycow [4]
C. Operating costs.
When you are in business and running it, you need funds to keep it operating.
3 0
3 years ago
Read 2 more answers
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