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Tasya [4]
3 years ago
8

Need dire assistance

Business
1 answer:
yawa3891 [41]3 years ago
6 0
Okay i’ll tell you here it is
You might be interested in
Earleton Manufacturing Company has $2 billion in sales and $600,000,000 in fixed assets. Currently, the company's fixed assets a
bearhunter [10]

Answer:

The correct answer is $2,500,000,000.

Explanation:

According to the scenario, the computation of the given data are as follows:

Operating capacity = 80%

Sales = $2 billion

Fixed assets = $600,000,000

So, we can calculate the level of sales by using following formula:

Level of sales = Sales ÷ operating capacity

= $2,000,000,000 ÷ 80%

= $2,500,000,000

7 0
3 years ago
The following information was available for Pete Company at December 31, 2013:
Leno4ka [110]

Answer:

8.2

Explanation:

See attached picture.

5 0
3 years ago
Liquidity ratios are used to measure a firm's ability to meet its obligations as they come due. Two of the most commonly used li
marshall27 [118]

Answer:

Current Ratio= Current Assets/ Current Liabilities

Explanation:

Current Ratio= Current Assets/ Current Liabilities

The current ratio is an important measure of a company's ability to pay its short term obligations. It is defined as current assets divided by current liabilities.

Current assets are cash and other resources that are expected to be sold or used within one year or the company's operating cycle , whichever is longer. Examples are cash, short term investments , accounts receivable, short term notes receivable, goods for sale ( called merchandise or inventory) and prepaid expenses. Prepaid expenses are usually listed last because they will not be converted to cash ( instead they are used).

Current liabilities are obligations due to be paid or settled within one year of operating cycle, whichever is longer. they are usually settled by paying out current assets such as cash . Current liabilities often include accounts payable , notes payable, wages payable, taxes payable, interest payable and unearned revenues. Also any portion of a long term liability due to be paid within one year or the operating cycle whichever is longer is a current liability.

3 0
3 years ago
Under absorption costing , a company had the following per unit costs when 10,000 units were produced Direct labor Direct materi
bezimeni [28]

Answer:

Total unitary cost= $16.2

Explanation:

<u>First, we need to compute the total fixed overhead:</u>

Total fixed overhead= 10,000*6= 60,000

<u>Now, the unitary absorption cost for 12,500 units:</u>

Direct labor= 2.8

Direct materials= 3.8

Variable overhead= 4.8

Total variable cost= $11.4

Fixed overhead= (60,000/12,500)= 4.8

Total unitary cost= $16.2

The unitary cost is lower.

5 0
3 years ago
In the first month of operations, the total of the debit entries to the cash account amounted to $900 and the total of the credi
Ksju [112]

Answer:

$300 debit balance

Explanation:

In business debit entries mean that the money is being added to the account, while credit entries means that the money is owed and is therefore being deducted from the account. Therefore, in this scenario the cash account has a $300 debit balance. This is because the credit entries are being subtracted from the debit entries (assuming that the account had a $0 initial balance). If we do the math we are left with $300 of debit.

$900 - $600 = $300

8 0
2 years ago
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