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3 years ago

Choose the term that best matches the description given.

1 answer:

4 0

Specific Goals are goals that are specific, and example would be “I want to go to the beach and meditiate” so you would make it specific by saying in detail how you would get there like “sub” goals. Realistic Goals is when you have a goal that can be achieved. I’m not sure what a planning goal is.

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The days sales in recievable for baker sales is 35 the days sales in receivables for xanadu company is 25 this suggest xanadu is

JulsSmile [24]

Answer:

B. False

Explanation:

The days sales in receivable indicates the number of days in which a company receives the payments of its credit sales. A lower number indicates that the business collects the money faster and more efficiently. According to this, the statement is false because the days sales in receivable for baker sales is 35 and for xanadu company is 25 which means that xanadu company is having less difficulty in collecting the money.

7 0

3 years ago

Read 2 more answers

Relevant information for Material A is as follows:

stiv31 [10]

Answer:

Direct Material Quantity Variance = $2,000 Unfavorable

Explanation:

For the provided information we have,

Actual quantity used = 6,500 lbs

Standard quantity allowed for actual production = 6,000 lbs

Actual price = $3.80

Standard price = $4.00

Direct Material Quantity Variance = (Standard Quantity - Actual Quantity) $\times$ Standard Price

= (6,000 lbs - 6,500 lbs) $\times$ $4.00

= - $2,000

As we can see that actual quantity used is more than the allowed standard quantity, thus, the variance is unfavorable.

Direct Material Quantity Variance = $2,000 Unfavorable

7 0

3 years ago

Blue Spruce Corp. reported net income of $194,740 for 2022. Blue Spruce Corp. also reported depreciation expense of $36,900 and

Svetlanka [38]

Answer:

Blue Spruce Corp

Statement of Cash Flows for the year ended December 31, 2022

Operating activities section:

Net income $194,740

add non-cash flow items:

Depreciation expense 36,900

Loss on disposal of plant assets 54,030

Adjusted operating income $285,670

Working capital changes:

Increase in accounts receivable (15,650)

Increase in accounts payable 15,880

Increase in prepaid expenses (4,250)

Net cash from operating activities $281,650

Explanation:

a) Data and Calculations:

Reported 2022 net income = $194,740

Depreciation expense = $36,900

Loss on disposal of plant assets = $54,030

Increase in accounts receivable = $15,650

Increase in accounts payable $15,880

Increase in prepaid expenses $4,250

b) The operating activities section is one section of the Statement of Cash Flows. It shows the cash inflows and outflows from Spruce's normal business activities. Other sections of Spruce's Statement of Cash Flows that show activities outside operating activities are the investment activities section and financing activities.

7 0

3 years ago

EmployIT is a newly established recruitment company. It does not have adequate funds to rent out an office space for its employe

kati45 [8]

Answer:

Virtual Team

Explanation:

EmployIT is a newly established recruitment company. It does not have adequate funds to rent out an office space for its employees so all the employees work from home. The employees communicate through email and a third party video call application . This scenario illustrates that the employees are part of a virtual team .

Virtual team is that which are geographically separated but work together for a company , they communicate by using technology or we can say through e-mails or video call.

The major advantage of Virtual team is cost saving . It also improve the productivity of the employees . It helps in getting social isolation. The employees share a feeling of trust between them . The good thing is that the employees have higher focusing one.

8 0

4 years ago

The stock of Big Joe's has a beta of 1.40 and an expected return of 12.10 percent. The risk-free rate of return is 4.6 percent.

leonid [27]

Answer:

5.403%

Explanation:

Calculation for the expected return on the market

Using this formula

Expected return =(Expected return-Risk-free rate of return)/Stock beta +Risk-free rate of return

Where,

Expected return=12.10%

Risk-free rate of return=4.6%

Stock beta =1.40%

Let plug in the formula

Expected return =(0.121-0.046)/0.014+0.046

Expected return =0.075/0.014+0.046

Expected return=5.357+0.046

Expected return =5.403%

Therefore the expected return on the market will be =5.403

7 0

3 years ago