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3 years ago

True or False: The largest companies performed the best over the past 12 months. Give evidence to support your answer.

Business

1 answer:

Crazy boy [7]3 years ago

4 0

False because of The pandemic companies have been making less money since shops have no people

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A company used $35,000 of direct materials, incurred $73,000 in direct labor cost, and had $114,000 in factory overhead costs du

morpeh [17]

We can calculate the cost of goods manufactures using the formula:

Total Cost = Cost of Direct Materials + Direct Labor Cost + Overhead Cost – Inventory

Substituting the known values:

<span>Total Cost = $35,000 + $73,000 + $114,000 – ($32,000 - $28,000)</span>
Total Cost = $218,000 -----> ANSWER

We deduct the initial from the final inventory to get the balance.

5 0

3 years ago

Jorge has $300 for work he performed. He expects to spend the money in the next few weeks to buy a new bike. Which type of accou

salantis [7]

The correct option is D.
Checking account is appropriate for Jorge in this situation because he plans to remove the money from his account in a few weeks time.
The major difference between saving account and checking account is that, saving account is majorly used to save and accumulate money for a medium or long time goals or for emergencies. The banks can count on the money staying in saving account for some time and a great part of it is not hold on reserve.
But a checking account is an instant access account. Money put in this account are usually hold in reserve by the banks because the owners can decided to withdraw at any time; banks can lend out money from checking accounts, so they make money on the accounts by charging fees.

4 0

4 years ago

A machine purchased three years ago for $720,000 has a current book value using straight-line depreciation of $400,000: its oper

arsen [322]

Answer:

total cost of old machine $690000 and purchase new machine $584000

replace old machine with new

so cost saving $106000

Explanation:

given data

current book value = $720,000

depreciation = $400,000

operating expenses = $60,000

replacement machine cost = $480,000

operating expenses = $26,000

expected salvage value = $130,000

current disposal value= $170,000

residual value = $20,000

to find out

total costs and Should the old machine be replaced

solution

we find here total cost of old machine and new machine that is

particular old machine new machine

original cost is $720000 $480000

current value is $400000

now disposal val $170000

9 year disposal value $20000 $130000

annual opening cost $60000 $26000

total cost $690000 $584000

total cost of old machine $690000 and purchase new machine $584000

so it should be recommend here for replace old machine with new

so cost saving $106000

4 0

3 years ago

PLSSS HELP IF YOU TURLY KNOW THISS

sleet_krkn [62]

I believe it is C………

7 0

2 years ago

Chemtec is undertaking a project that will require an upfront investment today in net working capital, and plant and equipment (

almond37 [142]

Answer:

-$300 million

Explanation:

Change in net working capital (CNWC) = $100 million

Capital Expenditures (CE) = $200 million

Assuming no depreciation expenses, the free cash flow (FCF) is given by:

$FCF = EBIT*(1-tax) - CNEC - CE$

Since no revenues are expected until the next year, EBIT = 0.

$FCF = - \$100 -\$200\\FCF = - \$300\ million$

The project's free cash flow today is -$300 million.

3 0

3 years ago