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3 years ago

Competitive balance is when it is used in conjunction with a ______.

Business

1 answer:

Mariana [72]3 years ago

8 0

Competitive balance is when it is used in conjunction with a hard salary cap

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Marquis Company uses a weighted-average perpetual inventory system.

timama [110]

Answer:

The amount of the cost of goods sold for this sale is $98.4

Explanation:

Marquis Company uses a weighted-average perpetual inventory system

August 2, 22 units were purchased at $3 per unit,

Total cost = $3 x 22 = $66

Average cost per unit: $3

August 18, 27 units were purchased at $5 per unit

Total inventory = $66 + $5 x 27 = $201

Average cost per unit = $201/(22+27) = $4.1

August 29, 24 units were sold

Cost of goods sold = 24 x $4.1 = $98.4

8 0

3 years ago

According to the Business Case for CSR, a reason companies are becoming more socially responsible is all of the following except

denis-greek [22]

Answer:

d. Access to capital

Explanation:

Corporate social responsibility (CSR) is characterized as a program of activities to lessen external costs. it is also an approach, practice, speculation and solid outcome sent and accomplished by a business organization in the quest for its partners' interest.

3 0

3 years ago

The comparative balance sheets for Lowery Company show these changes in noncash current asset accounts: accounts receivable decr

alukav5142 [94]

Answer:

$198,000

Explanation:

The computation of the net cash provided by operating activities by using the indirect method is presented below:

Cash flow from operating activities

Net income $186,000

Add: Decrease in account receivable $80,000

Less: Increase in prepaid expense -$28,000

Less: Increase in inventories -$40,000

Net cash provided by operating activities $198,000

3 0

3 years ago

It costs Glenwood, Inc. $82 per unit to manufacture 1,000 units per month of a product that it can sell for $122 each. Alternati

mixas84 [53]

<h2>Answer:</h2><h2>The profit would increase by $ 4000 if complex product was produced.</h2>

Explanation:

Total number of units to be manufactured = 1000

(i) The cost price of 1 unit = $ 82

The cost price of 1000 units = 82 * 1000 = $ 82000

Selling price of 1 unit = $ 122

The selling price of 1000 units = 122 * 1000 = $ 122000

Profit earned = 122000 - 82000 = $ 40000

(ii)To produce a complex product,

The cost price of 1 unit = $ 82 + $ 36 = $ 118

The cost price of 1000 units = 118 * 1000 = $ 118000

Selling price of 1 unit = $ 162

The selling price of 1000 units = 162 * 1000 = $ 162000

Profiy earned = 162000 - 118000 = $ 44000

Therefore, the profit would increase by $ 4000 if complex product was produced.

5 0

3 years ago

Shale Oil Corporation combines its assets and debts with those of Tierra Frakking Company to form Unified Resources, Inc. Shale

andriy [413]

Answer:

1. c. a consolidation

2. a. all of Shale's and Tierra's assets

3. c. all of Shale's and Tierra's debts

Explanation:

1. When multiple companies join up together to form a new company, this is called a Consolidation which is what Shale Shale Oil Corporation and Tierra Frakking Company did when they formed Unified Resources, Inc.

2. In a Consolidation, the previously separate companies move in with all their debt and assets to form the new company. As such, Unified Resources acquires all of Shale's and Tierra's assets.

3. As previously stated, in a Consolidation, the previously separate companies move in with all their debt and assets to form the new company. As such, Unified Resources assumes all of Shale's and Tierra's debts as well.

7 0

3 years ago