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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.

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What is an important part of taking meeting minutes?
Makovka662 [10]
An important part of taking meeting minutes is C. PAYING CLOSE AND CAREFUL ATTENTION.

A meeting minutes can be described as a log of chronological event within the meeting. It is a log wherein everything that happened during the meeting is noted. Like who led the meeting, the topics discussed, the questions raised and the answers given. It also records the plans for future discussions and resolutions reached during the meeting.
3 0
3 years ago
Explain the benefit to a business of undertaking some steps of one project simultaneously
MrRa [10]

It can be beneficial of a company to undertake some steps of one project simultaneously if the parts of the project go together. When a company focuses on different aspects of a project that relate at the same time, they will likely receive completion the of project parts at the same time. They can also benefit by learning as they go and adjusting the different steps to compliment their corresponding parts at the same time.  

7 0
3 years ago
Coronado Corporation’s April 30 inventory was destroyed by fire. January 1 inventory was $157,000, and purchases for January thr
soldi70 [24.7K]

Answer:

$237,855

Explanation:

Opening inventory = $157,000

Purchases = $502,900

Sales revenue = $649,300

gross profit = 35% of sales

                   = 35% × $649,300

                   = $227,255

cost of goods sold = $649,300 - $227,255

                               = $422,045

Opening inventory + purchases - cost of goods sold = closing inventory

$157,000 + $502,900 - $422,045 = closing inventory

closing inventory = $237,855

An estimate of Coronado’s April 30 inventory that was destroyed by fire is $237,855

8 0
4 years ago
An intangible asset
Rom4ik [11]

Answer:

a. derives its value from the rights and privileges it provides the owner.

Explanation:

The intangible asset are those assets that cannot be touched or seen that means it does not have any physical substance

In this, the amortization expenses are recognized.  

The intangible assets consist of patents, copyrights, goodwill, and other intellectual proprieties.        

Moreover, it is categorized on the asset side of the balance sheet

and the operating cycle contains only days inventory outstanding + days sale outstanding so the intangible asset does not relevant.

3 0
3 years ago
The ______ is what a consumer or marketing intermediary actually pays for a product after subtracting any discounts, allowances,
julia-pushkina [17]
The correct answer is market price.
Market price is the price that you normally pay when you want to buy something. This price is usually higher than what the store that is selling it got it from the manufacturer, because it is buying the product in bulks. You as a consumer will have to pay this price when all discounts, allowances, and rebates are subtracted. 
7 0
4 years ago
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