Based on the given matrics, the firm with more business risk is Purple Panda.
<h3>Why does Purple Panda have more business risk?</h3>
A company is said to have more business risk if the standard deviation of its expected Net operating profit after tax (NOPAT) is high.
This is because there is a greater variation in the NOPAT which means that a company has a greater risk of making less as well as more returns. Purple Panda has a high NOPAT standard deviation and so is riskier.
Find out more on Business risk at brainly.com/question/713210.
The answer is noted disclosure and effect on net<span> income.
In accounting, disclosure contains note worthy attachment that exist on organization's financial statement.
The things that're considered important enough to be included in disclosure should only the one that could influence the financial result significantly, such as the inventory recording method or when to recognize income.
</span>
Answer:
D) $8,040
Explanation:
<u>Credit Sales Method:</u>
Bad Debt Losses = 3% of Credit Sales
Bad Debt Losses = 0.03 x $588,000
Bad Debt Losses = $17,640
<u>Adjusted balance in the Allowance for Doubtful Accounts:</u>
Bad Debt Losses - (uncollectible accounts receivable - Allowance for Doubtful Accounts)
$17,640 - ($24,000 - $14,400)
$17,640 - $9,600
$8,040
The statement above is FALSE.
The correct sentence is this: Any person who knowingly submit false claims to the government is liable for THREE TIMES the government damages caused by the violator plus a penalty. This means that the violator will three fold of the damages he causes not five folds.
Inventory costs should be considered to determine whether a firm should order enough to qualify for a volume discount.
Inventory costs consists of ordering costs, carrying costs and shortage costs. Inventory is an important asset for a company or a manufacturer. Ordering cost includes cost of purchase and the cost of inbound logistics. In order to minimize the ordering cost of inventory we make use of the concept of Economic Order Quantity.
Carrying cost of inventory refers to the cost sustained towards inventory storage and maintenance. Shortage costs and the cost of recovery are the costs that take place in unexpected circumstances. The costs which is involved in holding the inventory are called Holding Costs.
To achieve the volume discount a firm has to make big orders. Calculations and tracking of these inventory costs will enable the company whether they are able to manage such big orders to qualify for volume discount or not.
To learn more about inventory costs here
brainly.com/question/19633918
#SPJ4
