1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dem82 [27]
3 years ago
9

EvenFlo Pipes forecasts a small increase in sales next year. To achieve this growth in sales, however, the firm must purchase an

amount of plant and equipment that is more than double the increase in sales. What is the most likely reason EvenFlo must purchase such a large amount of fixed assets
Business
1 answer:
TEA [102]3 years ago
3 0

Answer: a. The firm must purchase lumpy assets to achieve the increase in sales.

Explanation:

EvenFlo Pipes needs to sell more pipes in order to see an increase in sales. Assuming they are the producers, they will need to produce more pipes than they have been doing and this will need them to increase their production capacity.

To do so they would have to invest in fixed assets as these are what produce pipes. This is why the firm will have to purchase lumpy assets that will help them produce and sell more pipes.

You might be interested in
Sutton Enterprises makes gadgets using a two-step process that involves machining and assembly, respectively. During the period,
MaRussiya [10]

Answer:

Total equivalent units= 11,890

Explanation:

Giving the following information:

Assembly Department completes 10,200 gadgets and transfers them to Finished Goods Inventory.

The Assembly Department has 2,600 gadgets in the process that are 65% complete for conversion.

<u>To calculate the equivalent units, we need to multiply the % complete for the number of units started:</u>

Units completed= 10,200

Units in ending inventory= 2,600*0.65= 1,690

Total equivalent units= 11,890

5 0
3 years ago
Suppose that today’s date is April 15. A bond with a 10% coupon paid semiannually every January 15 and July 15 is listed in The
Ray Of Light [21]

Answer:

1,011.429 dollars

Explanation:

The dealer is willing to sale bond (we purchase from the dealer) at the ask price

In this case 1,011.429 dollars per bond.

If anyone want's to purchase those bonds will have to pay this amount per bond.

The opposite to the ask price is the bid price, which is the price at which the dealer is willing to purchase bond (we sale it to the dealer).

3 0
3 years ago
The automobile industry in​ Rhizo, a small developing​ country, has a monopolistic market structure. Crimson​ Inc., the only pla
IceJOKER [234]

Answer:

Option D is the correct answer to this question.

Explanation:

An increase in the average family size in recent years has created a demand for bigger cars. Since Roger Woods proposed that Crimson must introduce some variety in its product line to maintain overall profit margins, option D is the only option that suggests a need for adding a new variety to its product line (Bigger Cars), since there is a demand for it already arising from the increase in the average family size.

6 0
2 years ago
The New American Enterprise Mutual Fund's portfolio is valued at $120,000,000. The fund has liabilities of $4,000,000, and the i
sasho [114]

Answer:

e. $20

Explanation:

The net asset value (N) for The New American Enterprise Mutual Fund's portfolio is given by the funds total value ($120,000,000) subtracted by its liabilities ($4,000,000)  and then divided by the number of shares issued (5,800,000) .

N = \frac{\$120,000,000-\$4,000,000}{5,800,000} \\N=\$20

The fund's net asset value is $20

3 0
3 years ago
If you cause a car accident, which type of insurance will require you to pay the least out of pocket
WARRIOR [948]
A low deductible plan is the type of insurance that will require the driver to pay less out of pocket. If a person has a high deductible plan, the out of pocket payment would be a lot higher. A low deductible plan has much higher premiums that must be paid. The high deductible insurance has much lower premiums. After a wreck that is caused by the driver, most insurances will raise the premiums paid. Unless you with an insurance company that accident forgiveness plans. The correct answer to this question is B. Low Deductible Plan. 
3 0
3 years ago
Read 2 more answers
Other questions:
  • Lección 9 estructura | 9.3 ¿qué? and ¿cuál? 4 - escoger listen to this radio commercial and choose the most logical response to
    8·1 answer
  • For each of the items indicate whether its amount affects the bank or book side of a bank reconciliation and is an addition or a
    8·2 answers
  • Straw men approaches to business ethics are used to demonstrate
    9·1 answer
  • It is January 2nd. Senior management of Digby meets to determine their investment plan for the year. They decide to fully fund a
    13·1 answer
  • Emily, whose husband died in December 2013, maintains a household in which her dependent mother lives. Which (if any) of the fol
    5·1 answer
  • Your company plans to spend $2,350,000 in cash to build a plant that will produce benefits with a total present value of $4,575,
    9·1 answer
  • When a business owner is asked how the business is doing and she replies,
    10·1 answer
  • Stone Culture Corporation was organized on January 1, 2017. For its first two years of operations, it reported the following:
    13·1 answer
  • William is a single writer (age 35) who recently decided that he needs to save more for retirement. His 2020 AGI before the IRA
    6·1 answer
  • If Modern Company received $3,650 from Connor Young Company on March 12 for the total amount of an account which had been writte
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!