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Mamont248 [21]
3 years ago
6

Which statement is false about liquidity?

Business
1 answer:
BARSIC [14]3 years ago
8 0

Answer:

Option D. Both A and B

Explanation:

The reason is that the investment that are readily convertible to cash are less risk and as a result the investors are compensated with lower returns and vice versa. So the only statement that is not false statement is option C and the statement A and B are False.

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Financial statement data for the year ending December 31 for Flagg Co. are as follows: Sales $4,250,000 Accounts receivable: Beg
lord [1]

Answer:

Average Receivables= (600,000+630,000)/2=615,000

Days sales in receivables= Average receivables/ average sales per day

Average sales per day= 4,250,000/365=11,644

Days in receivables = 615,000/11,644=52.88

Explanation:

5 0
3 years ago
Social Media, Inc. (SMI) has two services for users. Toot!, which connects tutors with students who are looking for tutoring ser
stealth61 [152]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Toot! TiX Total

Users 17,900 24,100 42,000

Administrative costs $ 1,848,000

<u>We need to allocate administrative costs to each product. First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 1,848,000/42,000

Predetermined manufacturing overhead rate=  $44 per user

<u>Now, we allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Toot!= 44*17,900= 787,600

TiX= 44*24,100= 1,060,400

<u>Finally, the gross profit for each service:</u>

Toot!:

Revenue= 2,200,000

Engineering cost= (1,096,250)

Administrative cost= (787,600)

Profit= $316,150

TiX:

Revenues= 2,400,000

Engineering cost= (1,213,750)

Administrative cost= (1,060,400)

Profit= $125,850

5 0
3 years ago
The following are the unit costs of making and selling an item at a volume of 30,000 units per month, which represents the compa
nadezda [96]

Answer:

$7.90 per unit

Explanation:

The computation of the   minimum price on these defective units is shown below:

It is equivalent to the selling & admin variable cost per unit i.e. $7.90 per unit

oAs all the other cost would be considered as a sunk cost because the product is already generated and the fixed cost is not considered as it would remain the same whether the production is increase or not

Therefore the second option is correct

5 0
3 years ago
77. Identify a potential risk for businesses using E-Commerce. a. increased customer satisfaction b. the possibility of fraudule
k0ka [10]

Answer:

B. The possibility of fraudulent transactions.

Explanation:

In recent times, it is well known and well known that marketplaces have also included the buying and selling in different other levels which E-commerce has thrived in many ways and are tested to be worth a while. In as much as it is good, e-commerce business in recent times has given a lot of exposure and access to a larger audience. And this has been learnt to have not certainly been possible to achieve through conventional retailing methods. In as much as it is loved by a reasonable amount of people, it is seen to have also made business owners and customers prone to serious security threats; which may include forms like online security breach, client disputes and refunds

Violation of Intellectual property, credit cards scams, poor customer service only to mention but few which are risky too.

Breaches of this form are seen to the risks that can affect your business and you can bear the loss if they are not addressed properly.

7 0
3 years ago
In the graph, what information is determined by looking at the intersection of the supply and demand curves?
Lana71 [14]

Answer: D.) equilibrium price

Explanation:

The Supply curve shows the different combinations of prices and quantities of goods that Suppliers are willing to offer while the Demand curve shows the combination of goods and the prices the consumers can buy at.

When these two curves intersect as is the case in the graph, they give an equilibrium price which is the price that suppliers are willing to sell their goods at and consumers are willing to buy t.

8 0
3 years ago
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