Answer:
Ratio values cannot be judged in isolation. For example, the Phone Corporation's ratios calculated previously have no industry benchmarks against which they can be compared. The ratios for competitor can also be used for comparison. Again, the ratios were calculated for only one period in each case. There should be a trend analysis and computation of ratios over some years in order to assess their strengths and weaknesses.
Overall, they do not look strong. But, one should not be too quick to conclude on this issue.
Explanation:
Ratio analysis is a technical method of gaining insight into a company's liquidity, operational efficiency, and profitability by comparing the elements of its financial statements such as the balance sheet and income statement. While ratio analysis is a cornerstone of fundamental equity analysis, it must be noted that the values produced are just relative measures which cannot be meaningful without being related to some benchmarks or compared over a number of years.
Answer:
1. Department A (manufactures parts in a highly automated process): Machine hours
2. Department B (assembles the parts by hand): Direct labor hours
3. Department C (places completed units in a heat chamber to sterilize the before they are shipped out): Batches
Explanation:
Machine hours is used to measure factory overhead as against the goods produced. This method is usually applied in production environment using machine, and where the most activities are done by machines. On the other hand direct labor is used when the production of goods and services is done by human hands, and not machines. While Machine hours is the appropriate overhead allocation rate for Department A, Direct Labor hours will be appropriate for Department B. Hence Batches will be appropriate for Department C.
Answer:
The correct answer is "she should work 16 hours per week at daycare center to earn $136.00"
Explanation:
Pham can earn at the college bookstore
$9 dollars per hour x 15 hours per week she can spend
$9 x 15 = $135
At a café she can earn
= $12 dollars per hour x 6 hours per week
=$12 x 6 = $72
At a garage she can earn
= $10 dollars per hour x 5 hours per week
= $10*5 = $50.
At a daycare center she can earn
= $8.50 dollars per hour x 16 hours per week
= $8.50*16 = $136.
If her goal is to maximize the amount of money she can make each week,
she should work 16 hours per week at daycare center to earn $136.00
<span>The country will have to negotiate new trade agreements with other nations.</span>