Answer:
A $500 travelers check
Explanation:
A $500 travelers check is the most liquid asset because it can be directly exchanged for currency. In fact, travelers checks are so liquid that they are included in the money aggregate M1, the money supply measure that is the most liquid.
Answer:
See explanation
Explanation:
We first calculate weighted avg total break even point.
The formula or this is,
Total Break even = Total fixed costs / Weighted avg contribution
Weighted avg contribution = (Contribution of A12 * Weight of A12) + (Contribution of B22 * Weight of B22) + (Contribution of C124 * Weight of C124)
Contribution/ Product =
A12 = 61 - 43 = $18
B22 = 108 - 78 = $30
C124 = 413 - 316 = $97
Thus,
Weighted avg Contribution = (18*0.56) + (30*0.27) + (97*0.17) = $34.67
Total Break even = 249624/ 34.67 = 10085 units in total
Simply multiply total break even units with each products weight to calculate qty for each product to b produced.
A12 = 10085*0.56 = 5647.6 units
B22 = 10085*0.27 = 2722.94 units
C124 = 10085*0.17 = 1714.45 units
as per the sales mix.
We can also calculate how many units of each individual product are required for break even as,
A12 = 249624/18 = 13868 units
B22 = 249624/30 = 8320.8 units
C124 = 249624/97 = 2573.44 units
Hope that helps.
Answer:
The statement that is not true about dividends is:
Capital gains taxes are lower than dividend taxes, and they can be deferred
Explanation:
Dividends is the money paid to investors and shareholders from the profit the company they invested in has made within a period of time.
Dividends can be earned from investing in stocks, mutual funds or exchange-traded funds and it is a taxable income.
Capital gains on the other hand are the incremental amount of value appreciation an asset accrues when it is purchased and after it is sold. This accrued earnings is also a taxable income.
The tax information is included in Schedule B, Form 1040.
Capital gains taxes are not lower than dividend taxes because the U.S. tax code gives treats dividends and capital gains the same.
Answer: Your answer would most likely be C. Physical attributes.
Explanation:
Answer:
a. False.
b. True.
c. False.
d. False.
e. True.
Explanation:
a. Assets other than cash are expected to produce cash in future at some point but it is not necessary that every asset produces exactly the same amount at which it is carried in the financial statements. For example there is account receivable balance of $100,000, but it is not mandatory that all receivable will be converted into cash overtime as there can be bad debts expense also which will result in reducing accounts receivable balance.
b. Annual reports are often used by existing and potential investors for decision making purpose whether it is beneficial to invest in a certain company based on its financial statements analysis, to identify the risks that the company is exposed, the ability of a company to generate cash flows, potential future earning capability of a company and going concern status.
c. The annual report is not solely used by its creditors/lenders, it is prepared for a wide range of users. For example: shareholders, directors, investors, etc.
d. Cash budget is not a financial statement and it is not mandatory in the annual report, four most important financial statements which are required in the annual reports are balance sheet, income statement, cash flow statements, and statement of stockholders' equity.
e. After the Enron scandal annual reports cannot contain managements verbal reasoning’s, they needs quantitative and reasoning’s based on facts and figures which can be verified and audited to avoid misleading information provided in the annual reports and reduce chances of window dressing in the financial statements.