All categories

3 years ago

DON

Business

2 answers:

nlexa [21]3 years ago

8 0

B the reason is in the story its saying how Don is nervous or worried

Viktor [21]3 years ago

5 0

Answer:

b:)

Explanation:

You might be interested in

What is strategy implementation what questions must strategy makers consider to begin the imlimentation process?

erastova [34]

Strategy implementation is the sum total of the activities and choices required for the execution of a strategic plan. To begin the implementation process, strategy makers must consider these questions:
Who are the people who will carry out the strategic plan?
What must be done to align the company's operations in the new intended direction?
How is everyone going to work together to do what is needed?

7 0

4 years ago

g The Morrit Corporation has $960,000 of debt outstanding, and it pays an interest rate of 8% annually. Morrit's annual sales ar

harina [27]

Answer:

6.21%

Explanation:

The computation of the times interest earned ratio is given below:

As we know that

Times interest earned ratio = EBIT ÷ Interest

Now for determining this, following calculations must be done:

The interest is

= $960,000 × 8%

= $76,800

Net profit

= Annual sales × net profit margin

= $6,000,000 × 0.05

= $300,000

Now the pre tax income is

= net income ÷ ( 1 - tax rate)

= $300,000 ÷ (1 - 0.25)

= $400,000

Now the EBIT is

= Pre tax income + interest expense

= $400,000 + $76,800

= $476,800

So, the TIE ratio is

= $476,800 ÷ $76,800

= 6.21%

3 0

3 years ago

Marin Corp. factors $441,000 of accounts receivable with Headland Finance Corporation on a without recourse basis on July 1, 202

Kaylis [27]

Answer:

Debit Cash for $406,602; Debit Finance charge for $7,938; Debit Loss on sale of receivables for 26,460; and Credit Accounts receivable for $441,000.

Explanation:

Before preparing the journal entry, the following calculations are made firs:

Finance charge = Percentage of finance charge * Accounts receivable = 1.80% * $441,000 = $7,938

Loss on sale of receivables = Percentage retained * Accounts receivable = 6% * $441,000 = $26,460

Cash = Accounts receivable - Finance charge - Loss on sale of receivables = $441,000 - $7,938 - $26,460 = $406,602

The journal entry will now look as follows:

Date Details Debit ($) Credit ($)

01 Jul '20 Cash 406,602

Finance charge 7,938

Loss on sale of receivables 26,460

Accounts receivable 441,000

(To record factoring of accounts receivable.)

6 0

3 years ago

Which of these is not one of the basic functions of the management process?

DIA [1.3K]

Answer:.

Explanation:

4 0

3 years ago

Elliott Engines Inc. produces three products—pistons, valves, and cams—for the heavy equipment industry. Elliott Engines has a v

aksik [14]

Answer:

Kindly see attacked picture

Explanation:

Elliott Engines Inc. produces three products—pistons, valves, and cams—for the heavy equipment industry. Elliott Engines has a very simple production process and product line and uses a single plantwide factory overhead rate to allocate overhead to the three products. The factory overhead rate is based on direct labor hours. Information about the three products for 20Y2 is as follows: Budgeted Volume (Units) Direct Labor Hours Per Unit Price Per Unit Direct Materials Per UnitPistons 5000 0.50 $45 $8 Valves 12,500 0.30 17 3Cams 1,500 0.20 60 40 The estimated direct labor rate is s30 per direct labor hour Beginning and ending inventories are negligible and are, thus, assumed to be zero. The budgeted factory overhead for Elliott Engines is $163,750 If required, round all per unit answers to the nearest cent a. Determine the plantwide factory overhead rate. per dih b. Determine the factory overhead and direct labor cost per unit for each product.

Kindly check attached picture for solution

7 0

3 years ago