Answer:
165,000 pounds
Explanation:
A Purchase Budget is required to determine the quantities and cost of purchases required for use in production.
Materials Purchase Budget for Second Quarter (Pounds)
Budgeted Production Materials (80,000 x 2) 160,000
Add Budgeted Closing Materials (90,000 x 2 x 25%) 45,000
Total Materials 205,000
Less Budgeted Opening Materials (80,000 x 2 x 25%) (40,000)
Budgeted Material Purchase (pounds) 165,000
Therefore,
Budgeted purchases of material for the second quarter would be 165,000 pounds
Answer:
b. choices
Explanation:
Low unemployment means a big percentage of the labor force is actively engaged in income-generating activities. Adults seeking employment can easily find work. A country experiences low unemployment when the economy is growing at a high rate. Different sectors of the economy create many job opportunities when the economy is growing.
When they are many job opportunities in the market, employees have options. They can switch jobs without much struggle. Employers are compelled to compensate workers well to retain them.
Answer:
15%
Explanation:
The computation of the internal rate of return is shown below:
Given that
Year Cash Flow
0 -$27,100
1 $11,100
2 $14,100
3 $10,100
The formula to compute IRR is
= IRR()
After applying the above formula, the internal rate of return is 15%
Unfortunately, since Rami has already signed a non-compete clause for six months following his resignation from his previous workplace, he must stop operating his business is he does not want to be sued by them. This is because (D) the non-compete clause is enforceable.
Most non-compete clause can only be challenged if Rami’s business operations or his past employers are located in a state that does not support non-compete agreements, such as California.
Answer: False
Explanation: The expenses appear directly in the income statement and indirectly in the balance sheet.
It is useful to always read both the income statement and the balance sheet of a company, so that the full effect of an expense can be seen.
