Answer:
a. $1.38 billion
Explanation:
total assets= total liabilities
total Liabilities = liabilities +shareholders fund
shareholders fund=common stock +retained earning as on the balance sheet date
retained earnings as on bs date= profit at the year-end- loss at the beginning of the year
=60-40= 20 million
shareholders fund =520+20
=540
total liabilities=840+540=1380million i.e 1.38 billion
therefore total asset=1.38 billion
Therefore option A is correct
Complete Question:
Yasmin Company expects to sell 1,900 units of finished product in January and 2,250 units in February. The company has 270 units on hand on 1st January and desires to have an ending inventory equal to 20% of the next month's sales. March sales are expected to be 2,350 units. Prepare Yasmin's production budget for January and February.
Answer:
680 Units for January and 250 units for February.
Explanation:
Production Budget can be calculated using the following formula:
<u>Production Budget = Expected Sales + Desired Ending Inventory Units - Opening Inventory</u>
The formula is reflected in a tabular form below:
<u>Production Budget For Yasmin Incorporation</u>
January February
Expected Future Sales (Unit) 900 250
<u>Add:</u> Desired Ending Inventory Units 50 70
<u>Less:</u> Openning Inventory Units <u> 270 </u> <u> 70 </u>
Production Units 680 250
Answer:
before tax 305,500
tax expense 48,880
after tax 300,620
Explanation:
income from continuing operations of 319,000
Capital gain 33,500
understatement of 2016 income 20,000
loss on available-for-sale securities. (58,800)
discontinued operations <u> (8,200) </u>
Total other comprehensive income 305,500
tax expense 16% <u> (48,880) </u>
net 300,620
We will list each transaction, notice the understatement of 2016 income means the company recognize a lower income than it should, so we increase the other comprehensive income.
Answer:
Beliefs
Explanation:
Belief define how a consumer perceives performance of a product or a brand. It plays a vital role since it can either be either positive or negative. towards an object. The strength of the belief is weighted by the evaluation of the perceived attributes of the product. This influences whether consumers will choose to buy the goods and services or not. It is therefore important for marketers to understand this and come up with strategies to make sure their brand or products fully meet customers' expectations and needs.
