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3 years ago

Operating assets include cash, accounts receivable, and inventory but not any depreciable fixed assets.

1 answer:

8 0

That statement is false.

WHAT ARE "OPERATING ASSETS"?
Operating assets are assets acquired for use of the ongoing operations of a business.

OPERATING ASSETS INCLUDE:
Inventory, accounts receivable, & fixed assets.

WHY IS IT FALSE?
This statement would've been correct up until this point: "but not any depreciable fixed assets."

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Suppose that labor is the only variable input to the production process. If the marginal cost of production is diminishing as mo

attashe74 [19]

Answer:

Marginal product will increase.

Explanation:

Since the labor is only variable input and the marginal cost of production is diminishing that means the cost of producing additional unit is lower. So marginal product of labor will be increasing.

Moreover, MC = w /MPL

Thus, diminishing marginal cost will exhibit increasing marginal product of labor.

8 0

2 years ago

Manufacturing reports the following data for the month: Purchases of raw materials, on account $55,250 Materials requisitions: D

xxMikexx [17]

Answer:

Journal 1

Direct Materials $49750 (Debit), Indirect Materials $3700,(Debit) Direct labor $ 51000 (Debit), Indirect labor $ 2500 ( Debit), Manufacturing Overhead Account $106960 (Credit)

Journal 2

Manufacturing Overhead Account $106960 (Debit), Accounts Payable $106960

Explanation:

Journal 1

Materials and Labor (both direct and indirect) resource acquired shows an accumulation of resources needed for manufacturing process.

Therefore these resources are being recorded in their respective accounts and transferred to manufacturing overhead account.

Journal 2

Both materials and Labor acquired for manufacturing process are still owing.The journal represent a present obligations in settlement of the Manufacturing overhead (Both for Materials and Labor)

7 0

3 years ago

Lean practices Include those which are designed to ellminate waste while still satistying the customer. Examples of lean practic

zubka84 [21]

Answer:

The correct answer is letter "A", "C", and "E": continuous improvement; just-in-time manufacturing; total quality management

Explanation:

Lean practices involve several activities companies can engage to reduce inefficiency at work. Organizations achieved this by eliminating wasteful practices among employees to improve the output quality and keep consumers preference, thus making a profit. That improvement must be continuous and imply managers will seek constantly perfection.

For instance, manufacturing companies can eliminate waste by keeping tight deadlines and delivering their products just in the time the suppliers or final consumers expect.

4 0

3 years ago

Given below are several ratios. "Select the accounts or amounts that would be used in order to calculate the ratio. You will hav

kirill [66]

Answer:

Dividend yield ratio.

(a) Market price per share

(e) Common dividends per share

Explanation:

The formuls it's

Cash Dividends per Share (Common)

================================= = DIVIDEND YIELD

Market Value per Share (Common)

As the outstanding shares are the same, it is only necessary to divide the value of the dividend per share by the market price of the outstanding shares.

4 0

3 years ago

A project has an initial cost of $10,600 and produces cash inflows of $3,700,$4,900,and $2,500 for Years 1 to 3,respectively.Wha

Tatiana [17]

Answer:

The project will never pay the initial investment.

Explanation:

The payback period is the time required to cover the initial investment.

We need to use the following formula on each cash flow:

PV= Cf/(1+i)^n

PV1= 3,700/1.075= 3,441.86

PV2= 4,900/1.075^2= 4,240.13

PV3= 2,500/1.075^3= 2,012.40

Now, the payback period:

Year 1= 3,441.86 - 10,600= -7,158.14

Year 2= 4,240.13 - 7,158.14= -2,918

Year 3= 2,010.4 - 2,918= -907.6

The project will never pay the initial investment.

4 0

2 years ago