Answer:
Equipment and vehicles.
Explanation:
A fixed asset is a long term asset that has a useful life of over one year, it is owned and used by a company to achieve its stated objectives. They are bought to generate income, and they are not meant to sell and not easily convertible to cash. Are categorized under noncurrent assets in the balance sheet.
Fixed assets have the following characteristics:
-They exist physically and, thus, are tangible assets.
-They are owned and used by the company in its normal operations.
-They are not offered by sale as part of normal operations.
Some examples are equipment, machinery, buildings, and land.
Answer:
4
Explanation:
Note: The complete question is attached as picture below
Degree of Operating Leverage = Contribution/Operating Income
Degree of Operating Leverage = $48000 / $12000
Degree of Operating Leverage = 4
So. X Company's degree of operating leverage (DOL) at the current sales volume level is calculated to be 4
Answer:
A.Given this set of daily service operations, and assuming a processing order of A-B-C-D-E: Service Operation Number of Daily Reps A 32 B 24 C 32 D 28 E 12 a. Give one reason that each arrangement might be preferred over the other. b. Determine the number of repetitions for
B.
Step-1: Calculate the units to be processed in one cycle by dividing the daily requirement with number of cycles
Step-2: Assign units per cycle to each cycle
Step-3: Adjust it to accommodate the fractions
C.
Step-1: Calculate the units to be processed in one cycle by dividing the daily requirement with number of cycles,
Step-2: Assign units per cycle to each cycle
The repetitions for each service if two cycles
Explanation: tables in attached file are for questions B and C respectively
Answer:
4.71
Explanation:
Cash coverage is a financial tool to calculate the proportion of available cash to interest expenses. It is useful in that it gives a deeper insight into available cash to offset interest expense and guide towards proper investment of cash.
<u>Workings</u>
Cash coverage ratio = cash + cash equivalent / interest expenses.
To arrive at the cash equivalent , depreciation is added back to the net income
Cash equivalent = 15,585+ 2,525 = 18,110
Interest expenses = 3,846
Cash coverage ratio = 18,110 / 3,846 = 4.71
This seems high and it is advisable that cash should be used for some short term investments to earn other profit