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3 years ago

According to the video, what do Financial Analysts analyze? Check all that apply.

Business

2 answers:

STatiana [176]3 years ago

5 0

A-D

-financial records

-a company’s competitors

Georgia [21]3 years ago

4 0

Answer:

Financial Records

A Company’s Competitors

Explanation:

I got it right on edge 2020 hope this helps!

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On January 1, Five Star Services has the following balances: Accounts Receivable $ 26 comma 000 (debit) Bad Debts Expense $ 0

PIT_PIT [208]

Answer:

$53,000

Explanation:

Data given in the question

Beginning Accounts Receivable = $26,000

Credit Sales = $130,000

Collections of credit sales = $87,000

Write-offs = $16,000

As we know that

Ending Accounts Receivable = Beginning Accounts Receivable + Credit Sales - Collections of credit sales - Write-offs

= $26,000 + $130,000 - $87,000 - $16,000

= $53,000

5 0

3 years ago

Steelcase Inc. is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it produ

melisa1 [442]

Answer:

Total Flexible Budgets for 12,000, 15,000, and 18,000 units is $ 556,000 $ 643,000 and $830,000

Explanation:

Steelcase Inc.

Assembly Department:

Steel per filing cabinet ............................................. 55 pounds

Direct labor per filing cabinet ...................................... 20 minutes

Supervisor salaries ................................................ $180,000 per month

Depreciation ...................................................... $28,000 per month

Direct labor rate................................................... $21 per hour

Steel cost ......................................................... $0.40 per pound

Steelcase Inc.

Flexible budget 

For the month of August 2014.

Units: 12000 15000 18000

Steel for filing cabinet 660,000 825000 990,000 pounds

Steel cost $264,000 330,000 $ 396,000

Direct labor Hrs 4,000 5,000 6,000

Direct labor Cost $84,000 $105,000 $ 126,000

Supervisor salaries $180,000 $180,000 $180,000

Depreciation $28,000 $28,000 $28,000

Total $ 556,000 $ 643,000 $830,000 

First we find the Steel for filing cabinets in pounds . Then we multiply with the rate to find the steel cost.

Similarly we find the direct labor hours and then the direct labor cost.

We assume that the supervisor salaries and depreciation are fixed.

4 0

3 years ago

How might a recent college graduate's investment portfolio differ from someone who is nearing retirement

borishaifa [10]

Someone who is retiring has more experience on what to invest in than someone who is still getting used to knowing what to invest in

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3 years ago

Read 2 more answers

Pinnacle Corp. budgeted $259,470 of overhead cost for the current year. Actual overhead costs for the year were $209,420. Pinnac

Yuliya22 [10]

Answer:

Predetermined manufacturing overhead rate= $5.275 per machine-hour

Explanation:

Giving the following information:

Pinnacle Corp. budgeted $259,470 of overhead cost for the current year.

Pinnacle's plantwide allocation base, machine hours, was budgeted at 49,190 hours.

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 259,470/49,190

Predetermined manufacturing overhead rate= $5.275 per machine-hour

4 0

4 years ago

From the ledger balances below, prepare a trial balance for Crane Company at June 30, 2022. All account balances are normal. Acc

sergey [27]

Answer:

The balancing figure = $28,350

Explanation:

The question is to prepare the trial balance for Crane Company for June 30, 2022

A trial balance represents a statement that contains all the debit and credit balances from the account book of an organisation. It is used to show the arithmetic accuracy of the books of account.

CRANE COMPANY'S TRIAL BALANCE AT JUNE 30, 2022

Accounts Title Debit ($) Credit ($)

Accounts Payable 2000

Accounts Receivable 2,680

Cash 5,810

Common Stock 17,410

Dividends 1,590

Equipment 13,340

Rent expenses 1,320

Salaries and Wages 3,610

Service Revenue 8,940

 28,350 28,350

7 0

3 years ago