A product that is not an object or something that is owned is called

A flexible budget performance report compares the differences between: budgeted performance over several periods. actual perform

salantis [7]

Answer:

It compare the difference among the actual performance and budgeted performance grounds on the volume of actual sales.

Explanation:

Flexible budget performance report is the report which is used for comparing or analyzing the actual results or outcomes for the period with the budgeted outcomes and it is generated through the flexible budget.

In short, it is that report which is the management report and compares the actual revenues as well as costs for the year with the budgeted revenues as well as costs grounded on the volume of actual sales.

4 0

4 years ago

Which of the following statements is correct?a. Strategic situations are more likely to arise when the number of decision-makers

klemol [59]

Answer: d. Game theory is not necessary for understanding competitive or monopoly markets.

Explanation:

Game Theory in Business is applied to see the options available to competitors in the market if they engage in certain actions because the outcome of one party's decision is affected by the decision of the other party. In the context of business it is often used to calculate how much profit or loss companies will make if they engage in certain actions based on the decisions of the other party.

It is therefore not necessary in Perfect Completions because the market sets the price and the participants follow. There is not need to analyse what will happen if one party picks a certain method and the other as well. It will be irrelevant because the same price will be imposed regardless.

It is also unnecessary in Monopoly markets simply because a monopoly has market control and Game theory is for situations where at least 2 parties are fighting for market control.

8 0

3 years ago

For organizations to be successful, they must have competent communicators.<br> True or false

Mandarinka [93]

Answer:

True

Explanation:

Must have ... definition of competent: "Having the necessary ability, knowledge, or skill to do something successfully."

Meaning:

For an organization to be successful, it must have a person who is able to convey or exchange information, especially one who is eloquent or skilled, with the "necessary ability, knowledge, or skill to do something successfully."

So...:

You cannot be a successful organization without someone who is good at getting their point across.

(Pay attention to definitions and put the peices together) :D

8 0

3 years ago

Last year, Capriana Corporation (CC) had sales of $200 million, and its inventory turnover ratio was 5.0. The CC’s current asset

Brilliant_brown [7]

Answer:

quick ratio = 0.72

Explanation:

given data

sales = $200 million

inventory turnover ratio = 5.0

current assets totaled = $100 million

current ratio = 1.2

solution

we get here quick ratio so here

inventory turnover ratio = $\frac{sales}{inventory}$ ...............1

put here value

inventory = $\frac{200}{5}$

inventory = 40

and

now we get current liability

current ratio = $\frac{current\ assets}{current\ liability}$ ...............2

put here value

current liability = $\frac{100}{1.20}$

current liability = 83.33

and here quick ratio

quick ratio = $\frac{current\ assets - inventory}{current\ liability}$ .............3

quick ratio = $\frac{100-40}{83.33}$

quick ratio = 0.72

7 0

4 years ago

Kevin purchases 1,000 shares of Bluebird Corporation stock on October 3, 2020, for $115,000. On December 12, 2020, Kevin purchas

salantis [7]

Answer:a)$195,500 b) $10,735 c)$6,900

Explanation

a)adjusted basis of Kevin’s Bluebird stock on December 31, 2020?

1,000 shares was bought for $115,000

Therefore it was bought at $115 per share

Also

750 shares was bought at $80,500 and therefore bought at 107.33 per share

So in total of 1750 shares, He spent $195,500 ($115,000+ $80,500)

b.On December 12, 2020,he bought shares at 107.33 per share

500 shares would be 500 x $107.33=$53, 665

Therefore, Kevin’s recognized gain or loss from the’ sale of Bluebird stock on March 1, 2021 would be

$64,400- $53, 665 = $10,735

c.Assuming he cannot identify the shares sold, then we can say they are sold on a FIFO ( first in first out) basis. So we would consider the shares bought on October 3, 2020

so we have that

500 x $115=$57,500

$64,400 - $57,500 = $6,900

7 0

3 years ago