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3 years ago

16. If a business chooses an alternative strategy

Business

1 answer:

Sergio [31]3 years ago

7 0

A. Avoiding Risk

Explanation:

When a company is trying to avoid risks it finds alternative strategies to get a job done when they feel it is viable than taking a risk. <u>This is a defensive option often chosen by firms when they do not see the possible reward being worth the risk </u>in a particular strategy.

When this form of strategies are used in management it means that the <u>company would rather stay stable than go for higher while risking their basic business.</u>

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The Kwok Company’s inventory balance on December 31, 2021, was $215,000 (based on a 12/31/2021 physical count) before considerin

Eduardwww [97]

Answer:

$274,000

Explanation:

As per the data given in the question,

Particulars Amount

Inventory balance before considering following items $215,000

Adjustments:

1) According to FOB destination, ownership passes to buyer at receipt of goods $-

2) According to FOB shipping point, ownership passes to buyer at the point of shipment $27,000

3) According to FOB destination, ownership passes to buyer at receipt of goods

$32,000

4) As goods received before period close, no adjustment is required $-

5) According to FOB shipment, ownership passes to buyer at receipt of shipment $-

Correct inventory amount to be reported in Kwok's 2021 balance sheet

= ( $215,000 + $27,000 + $32,000) = $274,000

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3 years ago

The natural rate of unemployment:_______. a. means that the economy will always operate at that rate. b. is equal to the total o

blsea [12.9K]

Answer:

B. is equal to the total of frictional and structural unemployment.

Explanation:

The natural rate of unemployment is the sum of frictional and structural unemployment at any given time. Economists estimate that for the United States this rate is around 3.5%.

Unemployment has a natural rate because no matter how good the economy is doing, some people either do not want to work, are in between jobs (frictional unemployemt), or lack the skills necessary to get employed and need to undergo training (structural unemployment).

3 0

3 years ago

During its first year of operations, Mack's Plumbing Supply Co. had sales of $3,250,000, wrote off $27,800 of accounts as uncoll

Nataly_w [17]

Answer:

$487,500

Explanation:

The write off does not affect the realizable value of accounts receivable . Neither total assets nor net income is affected by the write off or specific account. Instead both assets and net income are affected in the period when bad debts expense is predicted and then recorded with an adjusting entry.

Accounts Receivable $ 3250,000

Less Allowance for Doubtful Accounts $ 3250,000*1% = 32,500

Estimated Realizable Accounts Receivable $ 3217500

But if the amount of the bad debts decreases or increases as is given below then the the income is also increased or decreased by the amount given

Bad debts = $ 32,500

Uncollectibles previously written off= $ 27,800

Difference $ 4700

Net income $ 487,500

Less Difference $ 4700

Reported Income $ 482,800

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3 years ago

The demand for an electronic component is normally distributed with an average daily demand of 500 units and a standard deviatio

Annette [7]

Answer:

4,747

Explanation:

The computation of the reorder point is shown below:-

Reorder Point = Average Daily demand × Lead time + ( Service level × (Average lead time × standard deviation of demand^2 )^ 0.5

For service probability level of 95% is 1.64

= 500 × 9 + 1.64 × (9 × 50^2)^0.5

= 4,500 + 1.64 × 150

= 4,500 + 247

= 4,747

Therefore for computing the reorder point we simply applied the above formula.

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3 years ago

Singal Inc. is preparing its cash budget. It expects to have sales of $30,000 in January, $35,000 in February, and $20,000 in Ma

Svet_ta [14]

Answer:

$30,000

Explanation:

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5 0

4 years ago

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