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3 years ago

The most recent financial statements for Xporter, Inc., are shown here:

Business

1 answer:

Diano4ka-milaya [45]3 years ago

8 0

Solution :

Expected sales = current sales x (1 + projected sale next year increase)

= 5,700 x (1 + 15%)

= $ 6555

Expected cost = current cost x (1 + projected sale next year increase)

= 4200 x (1 + 15%)

= $ 4830

Taxable income = 1500 x ( 1 + 15%)

= $ 1725

Taxes (34%) = 510 x (1+15%)

= $ 586.5

Net income = sales - cost - taxes

= 6555 - 4830 - 586.5

= $ 1138.5

Calculation of total asset :

Current asset = 3,900 x 1.15

= $ 4485

Fixed asset = 8100 x 1.15

= $ 9315

Total asset = 4485 + 9315

= $ 13800

Calculation of total liabilities

Current liabilities = 2200 x 1.15

= $ 2530

Long term debt = $ 3,750

Equity = $ 6050 + (1138.5 x 0.50 )

= $ 7189

Total liabilities = $ 2530 + $ 3,750 + $ 7189

= $ 13, 469

Therefore the external financial needed is = $ 13800 - $ 13, 469

= $ 331

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The cash conversion cycle is computed as:

Anna [14]

Answer:

The correct option here is A) Days sales outstanding + Days inventory outstanding - Days payable outstanding.

Explanation:

Cash conversion cycle which is also termed as Net operating cycle or Cash cycle, this cycle tells us about how much time it is going to take for an organization to converts the amount of investment it has made in the inventory and various other resources to cash , which will be generated by sales.

Formula used for calculation =

AMOUNT OF SALES OUTSTANDING IN DAYS

AMOUNT OF INVENTORY OUTSTANDING IN DAYS

AMOUNT OF PAYABLE OUTSTANDING IN DAYS

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3 years ago

Crane Corporation's computation of cost of goods sold is:

slava [35]

Answer:

16.64 days

Explanation:

Given the above information, we will calculate the average days to sell inventories with the formula below;

Average days to sell inventories = [Ending inventory / Cost of goods sold] × 100

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Cost of goods sold = $432,800

Then, Average days to sell inventories

= [$72,000 / $432,800] × 100

= 16.64 days

Therefore, the average days to sell inventory for Fry are 16.64 days

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3 years ago

Ariel wants to compare the salaries for positions she was offered at two companies. What should she consider in this process?

german

Answer:

She should research the cost of living of different locations to compare against the offered salaries.
She should research the benefits included in each offer.

She should research the average salary of similar positions to see if the offers are fair.

Explanation:

Remember, the cost living at the different locations is good basis to determine how much the actual value of he salary will be worth. For instance if location A pays her $5000 a month and her living expenses from the location takes about $4500, while location B pays her $3500 a month with a living expense of $1000, then she rather goes for location B she has more extra income.

Secondly, the benefits included in salaries is also to be considered. Does it includes medical insurance, transport allowance etc.?

Third the average industry pay level would also help Ariel know whether to accept any of the offers or not.

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3 years ago

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Olivia is the owner of an interior designing firm. She has a tight-knit group of designers working for her. The designers have d

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Answer:

C. deep-level diversity

Explanation:

Deep-level diversity is a type of diversity among individuals that is not easily observable, and includes traits such as working styles, values, beliefs, cognitive, or decision-making styles. These are usually psychological. These traits are less observable.

According to the information given in the question above about the Olivia and her employees, we can infer that Olivia and her employee display deep-level diversity, as the designers have traits that are not easily observable such as the different working styles they have while they still work effectively together as a team.

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2 years ago

Research the challenges associated with payments across international borders and prepare a brief summary of your findings. Do m

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Answer:

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