Answer:
1.87%
Explanation:
Based on the above information, the formula for Quick ratio is
= ( Cash + Marketable securities + Accounts receivables ) / Current liabilities
Where;
Cash = $15,673
Marketable securities = $31,804
Accounts receivables = $69,135
Current liabilities = Accounts payable + Accrued liabilities + Notes payable
= $34,234 + $6,513 + $21,712
= $62,459
Quick ratio
= ($15,673 + $31,804 + $69,135) / $62,459
= $116,612 / $62,459
= 1.87%
Answer:
The cash disbursements for selling and administrative expenses on the March selling and administrative expense budget should be $44850.
Explanation:
For computing the cash disbursement the following equation is to be used which is shown below:
= Sales units × variable selling and administrative expense per unit + Fixed selling and administrative expense - Depreciation
= 3,500 × $4 + $35,850 - $5,000
= $14,000 + $35,850 - $5,000
= $44,850
Since all information is given on month basis, so we don't need to change in year basis as we have to calculate for march monthly only.
Hence, all things is to be considered for computing cash disbursement for march month.
Thus, The cash disbursements for selling and administrative expenses on the March selling and administrative expense budget should be $44850.
Answer:
finished cost = $200,000
inventory cost=$250,000
manufactured cost= $600,000
cost of good= beginning inventory+purchase during period cost- ending inventory
$600,000+$200,000-$250,000
$550,000
:
we can no longer use the simple formulas given in the textbook.
Explanation:
I found the answer in my Mcgraw Hill textbook chapter 10 waiting lines .
Answer:
10 ways to increase your wholesale sales
1. Offer specials that bring retailers better-than-wholesale prices.
2.Provide outstanding customer service.
3.Make wholesale ordering, delivery, and billing as seamless as possible.
4 Streamline your operations.
5.Make order recommendations.
6.Create compelling, eye-catching campaigns.
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