Ask question

Ask question

All categories

3 years ago

9

Refined Grains, Inc., agrees to sell to sunny cereal company a certain quantity of refined oats each week but no mention is made

of where the goods are to be delivered. In general, UCC requires that the delivery take place at

1 answer:

lions [1.4K]3 years ago

7 0

Answer:

sddasdhasjdasd

Explanation:

You might be interested in

Vaughn Manufacturing can sell all the units it can produce of either Plain or Fancy but not both. Plain has a unit contribution

Annette [7]

Answer:

Vaughn should produce Plain as it makes greater profit.

Explanation:

Vaughn Manufacturing can sell all the units it can produce of either Plain or Fancy but not both.

Plain has a unit contribution margin of $86 and takes two machine hours to make and Fancy has a unit contribution margin of $111 and takes three machine hours to make.

There are 2400 machine hours available to manufacture a product.

Profit per machine hour for Plain

= $\frac{86}{2}$

= $43

Profit per machine hour for Fancy

= $\frac{111}{3}$

= $37

The difference in profit

= $43 - $37

= $6

Plain makes $6 more profit per machine hour than Fancy.

7 0

3 years ago

When a service organization provides services that affect the initiation, execution, processing, or reporting of a user company'

chubhunter [2.5K]

Those services are <span>considered to be part of the user company's information system.
The information system obviously provides relevant information about something - given that here services are given which may have an effect on the initiation, execution, processing, or reporting of a user company's transactions, they do belong to the information system of that company.

</span>

8 0

3 years ago

All of the following questions are open-ended problems. You must compute an answer for every problem. For percentage answers, ca

DerKrebs [107]

Solution :

13. Net income = total assets x ROA

= $ 1,000,000 x 12%

= $ 120,000

Net Income for company is $120,000.

Net Profit margin = 4.25%

Total sales = net income / net profit margin

= $ 120,000 / 4.25%

= $ 2,823,529

Total sales for company is $ 2,823,529

14. Debt ratio = 72%

So weight of debt = 72%

Weight of equity = 1 - 72%

= 28%

Debt equity ratio $=\frac{72 \%}{28 \%}$

= 2.57

Debt equity ratio is 2.57

15. Debt ratio = 42.50%

So, weight of debt = 42.50%

Weight of equity = 1 - 42.50%

= 57.50%

Weight of equity is 57.50%.

Return on equity = 15%.

Return on assets = 57.50% × 15%

= 8.625%

Return on assets is 8.625%.

16.

Debt Equity ratio = 1.45

Weight of debt = 59.18%

Weight of equity = 40.82%

Return on assets = 16%

Return on equity = 16% / 40.82%

= 39.20%

Return on equity is 39.20%.

17.

Total Assets turnover = Sales / Total Assets

= (Net Income / Total Assets) / (Net Income / Sales)

= ROA / Net Profit margin

= 7.50% / 15%

= 0.50

Total Assets turnover is 0.50.

8 0

3 years ago

Clabber Company has bonds outstanding with a par value of $123,000 and a carrying value of $111,100. If the company calls these

White raven [17]

Answer:

The gain on retirement = $4,600

Explanation:

The gain or loss on retirement = Carrying Value of the Bonds - Call price of the Bonds

The gain or loss on retirement = $111,100 - $106,500

The gain on retirement = $4,600

Note: Par value will not be taken for the calculation of the above

4 0

2 years ago

1) This is a situation that exists when a country imports more than it exports

Vinil7 [7]

Answer:

Not a proper question.

Explanation:

3 0

3 years ago

Read 2 more answers