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elena-s [515]
3 years ago
15

Target's liabilities exceed owners' equity. a) true b) false

Business
1 answer:
Likurg_2 [28]3 years ago
4 0

Answer: True

Explanation:

As of February 2020, Target Corp's total liabilities were listed to be $30,946,000,000 while its shareholder equity was significantly lower at $11,833,000,000.

Target Corp therefore does indeed have liabilities that exceed owners equity and by a substantial amount. This has also been the trend since at least 2015.

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Peterson Company estimates that overhead costs for the next year will be $6,520,000 for indirect labor and $550,000 for factory
Hunter-Best [27]

Answer:

b. $50.50 per machine hour.

Explanation:

Overhead costs are defined as the amount that is spent by a business that is not directly contributing to the product. For example overhead can be labour cost, rent, utilities, and insurance.

These do not contribute directly to the product. Direct cost such as are materials contribute directly to the product.

In the case the overhead costs are given as $6,520,000 for indirect labor and $550,000 for factory utilities.

Total overhead= 6,520,000 + 550,000

Total overhead= $7,070,000

Overhead Cost per hour= Total overhead ÷ Total machine hours

Overhead cost per hour= 7,070,000 ÷ 140,000= $50.50

4 0
3 years ago
Read 2 more answers
Using the income statement for Times Mirror and Glass Co., compute the following ratios:
Umnica [9.8K]

Answer:

(A) Interest coverage charge ratio= 6.21

(B) Fixed charge coverage = 2.84

(C) Profit margin ratio= 8.57%

(D) Total assets turnover= 1.55

(E) Return on assets= 13.26%

Explanation:

(A) The Interest coverage charge ratio can be calculated as follows= EBIT/Interest expense

= 45,300/7,300

= 6.21

(B) The fixed charge coverage can be calculated as follows

= income before fixed charge + interest/fixed charges + interest

= 45,300+13,300/7,300+13,300

= 58,600/20,600

= 2.84

(C) The profit margin ratio can be calculated as follows

= Net income/sales × 100

= 22,800/266,000 × 100

=0.0857 × 100

= 8.57%

(D) The total assets turnover can be calculated as follows

= Sales/total assets

= 266,000/172,000

= 1.55

(E) The return on assets can be calculated as follows

= Net income/Total assets × 100

= 22,800/172,000 × 100

= 0.13255×100

= 13.26%

8 0
3 years ago
Imagine that instead of hiring each assitant right away in the hiring assistant problem. we wait until the end to hire the best
vlada-n [284]

Imagine that instead of hiring each assistant proper away withinside the hiring assistant problem. we wait till the cease to lease the quality one. what is the quality-, worse- and average-care costs on this case.

There are some assumptions that we are able to make.

Worst case: Every assistant you interview subsequent is higher than the ultimate candidate. So, you need to pass until the cease. The aspect is you interviewed until the cease N, and also you needed to make a contrast with the N-1 interviewee.

So, your complexity can be N*(N-1) = O(N^2)

Best case: The first actual candidate you interviewed became out to be the quality candidate. Here you simply examine with every other candidate if they're higher than the first candidate or not.

So, your complexity, on this case, can be O(N)

Average case: In this case, we're creating a contrast with different candidates. In this case, as well, your complexity could be O(N^2).

For higher clarity, what you may do is navigate grade by grade the subsequent pseudocode:

best_candidate_index = 0

for candidate in range(number_of_interviewee)

do interview candidate

if candidate is higher than best_candidate_index

best_candidate_index = candidate

lease best_candidate_index

Learn more about costs here:
brainly.com/question/28147009

#SPJ4

7 0
10 months ago
Assume that a butcher sells Cookout a quarter-pound of meat for $2 and that Cookout sells you a hamburger made from that meat fo
jeka57 [31]

Answer:

$4

Explanation:

Given that

Sale value of quarter-pound of meat = $2

And, the sale value that arises from the meat = $4

So, the value that included in the GDP i.e Gross domestic product is $4 as it reflects the final price of the hamburger rather than the value that is to be intermediate i.e $2 as it shows a quarter pound of meat

So, in the given case only $4 would be included in the GDP

7 0
3 years ago
WEEEEEEEEE IM GIVING OUT POINTS
ziro4ka [17]

Answer:

sweet

Explanation:

5 0
3 years ago
Read 2 more answers
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