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3 years ago

7

Based on the introduction and the job description, which qualities will Sarah need to look for when considering candidates to fi

ll the position at Sarah’s Fruit Pops? List the top three characteristics.

1 answer:

dusya [7]3 years ago

4 0

Answer:

life experiences

Explanation:

high school diploma, college degrees, employment history.

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How do most companies pay the current liabilities incurred by day-to-day operations?.

elixir [45]

Current assets, or possessions used up within a year, are generally used to settle current liabilities.

<h3>Why do you use the term "current liabilities"?</h3>

Current liabilities are debts or commitments that fall due within a year or during the regular business cycle. Additionally, current obligations are paid off by using a current asset, either by generating a fresh current liability or by using cash.
In accounting, current liabilities are frequently interpreted as all debts owed by a company that must be paid in cash within the fiscal year or the operational cycle of that particular company, whichever is longer.
Current assets, or possessions used up within a year, are generally used to settle current liabilities. Accounts payable, short-term loans, dividends, and notes payable are a few examples of current liabilities, along with any outstanding income taxes.

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6 0

1 year ago

Hillsong Inc. manufactures snowsuits. Hillsong is considering purchasing a new sewing machine at a cost of $2.45 million. Its ex

maw [93]

Answer:

NPV = 37,599 Negative

Explanation:

We can calculate the NPV of the new sewing machine by deducting the Present value of future cash inflows by Investment

Initial investment = Machine cost + Training cost - Salvage value

Initial investment = 2,450,000 + 85,000 - 250,000

Initial investment = 2,285,000

Year DF(9%) Present Value

1 Cash inflow 390,000 x 0.917 $357,798

2 Cash inflow 400,000 x 0.842 $336,672

3 Cash inflow 411,000 x 0.772 $317,367

4 Cash inflow 426,000 x 0.708 $301,789

5 Cash inflow 334,100 x 0.650 $217,077 (434,100 - 100,000)

6 Cash inflow 435,000 x 0.596 $259,376

7 Cash inflow 436,000 x 0.547 $238,507

7 Salvage value 400,000 x 0.547 $218,814

Present Value of cash inflow $2,247,401

Initial investment $2,285,000

NPV ($2,247,401 - $2,285,000) (37,599)

Conclusion: Hillsong should not purchase the new machine as the NPV of the machine is negative

4 0

3 years ago

Psymon Company, Inc. sells construction equipment. The annual fiscal period ends on December 31. The following adjusted trial ba

Anestetic [448]

Answer:

1. Multi-step income statement Internal Reporting Purposes

Sales Revenue 258,500

Less Sales Returns and Allowances (8,700)

Less Sales Discounts (11,400)

Net Sales 238,400

Less Cost of Goods Sold (138,800)

Gross Profit 99,600

Less Operating Expenses :

Salaries and Wages Expense 23,800

Office Expense 24,800 (48,600)

Operating Income/(loss) 51,000

Less Non- Operating Expenses :

Interest Expenses 3,700

Income Tax Expense 14,190 (17,890)

Net Income/Loss 33,100

2. Multi-step income statement External Reporting Purposes

Net Sales 238,400

Less Cost of Goods Sold (138,800)

Gross Profit 99,600

Less Operating Expenses :

Salaries and Wages Expense 23,800

Office Expense 24,800 (48,600)

Operating Income/(loss) 51,000

Less Non- Operating Expenses :

Interest Expenses 3,700

Income Tax Expense 14,190 (17,890)

Net Income/Loss 33,100

Explanation:

It is important to remember that a multi-step income statement shows separately profit earned from <em>Primary Activities</em> of the firm and that earned from <em>Secondary Activities</em>.

There are no strict rules for preparation of Financial Statements for <em>Internal use</em> and this may include many other line items. However for <em>external reporting</em> proposes, preparers of financial statements have to comply with Accounting Standards (GAAP or IFRS).

8 0

3 years ago

The amount that consumers are willing to pay for the quota limit quantity is the:_________

OLga [1]

The amount that consumers are willing to pay for the quota-limited quantity is the demand price. The policy of reducing quantity is known as a quota, a restriction imposed by the government on the number of goods bought and sold.

To examine the impact of this quota on individual stakeholders and on the market as a whole, we can calculate the evolution of consumer surplus, producer surplus, and market surplus. Before, the market surplus has not been described before, as this process should take place frequently. Make sure you understand how to find the following values:

Consumer surplus = $3.47 million

Producer surplus = $5.75 million

Market surplus = $8.5 million

After, the post-policy market surplus can be calculated by:

Consumer surplus = $1.2 million

Producer surplus = $5.9 million

Market surplus = $7.1 million

When comparing the market surplus first and the market surplus afterward, note that the impact of a quota is similar to that of a price floor. The key difference is that the government imposes a quantity restriction and the price changes as a by-product, whereas with price restrictions the government imposes a price restriction and the quota quantity changes as a product.

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6 0

1 year ago

When designing a management support system, using a(n) ____ can help reduce frustration.

DiKsa [7]

When designing a management support system, using (n) Progress bars acan help reduce frustration.

A progress bar is a graphical control used to show the progress of advanced computer operations, such as: B. Download, file transfer, or install for visualization. Graphs may be accompanied by text representing progress in percentage format.

A progress bar is used to indicate the progress of a task. For example, when uploading or downloading something from the internet, it's a good idea to show the download/upload progress to the user. Android has a class called ProgressDialog that can be used to create a progress bar.

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7 0

1 year ago