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2 years ago

How does Apple Inc. demonstrate the importance of the mission and vision to employees and stakeholders?

1 answer:

5 0

Most importantly, one rule remains unbent in this company, and that is providing the customers with the best quality products. The company aims to deliver high-quality on all aspects of its products. The integration of quality hardware, software, and services gives the company leverage over its competitors in the market.

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Sam wants to purchase a new computer and go to the Caribbean for spring break. The computer is priced at $1,299, and the vacatio

KATRIN_1 [288]

Answer: Unit of account; Store of value; Medium of exchange.

Explanation:

Sam can easily know that the price of the computer system is more than the price of the vacation. This is a Unit of Account.

Unit of account is measuring of the value of a product against another in terms of a specific currency.

Sam has $1,537 in his checking account. This is a Store of value.

Store of value means an asset or money can be saved and retrieved at a later time, for future use.

Sam writes a check for $1,299 is a medium of exchange.

Medium of exchange is used to facilitate trade between parties. He exchanged money for the computer.

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3 years ago

Franklin Manufacturing provided the following information for the month ended Marchâ 31:

Alexxx [7]

Answer:

a. Cost of Goods Sold (COGS) amounts to $21,100

Explanation:

Computing the Cost of Goods Available for Sale as:

Cost of Goods Available for Sale = Beginning Finished Goods Inventory + Cost of Goods Manufactured

where

Cost of Goods Manufactured is $18,600

Beginning Finished Goods Inventory is $15,000

So, putting the values above:

Cost of Goods Available for Sale = $18,600 + $15,000

Cost of Goods Available for Sale = $33,600

Computing the COGS (Cost of Goods Sold) as:

Cost of Goods Sold (COGS) = Cost of Goods Available for Sale - Ending Finished goods Inventory

where

Cost of Goods Available for Sale is $33,600

Ending Finished goods Inventory is $12,500

So, putting the values above:

Cost of Goods Sold (COGS) = $33,600 - $12,500

Cost of Goods Sold (COGS) = $21,100

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3 years ago

Weiland Co. shows the following information on its 2019 income statement: sales = $162,500; costs = $80,000; other expenses = $3

MrMuchimi

Answer:

a. 2019 Operating cash flow

Welland Co. Operating Cash Flow for 2019

Particular Amount $

Sales 162500

Cost of goods sold 80000

Other Expenses 3300

Depreciation 9000 92,300

EBIT 70200

Less: Taxes 22295

Add :Depreciation 9000

Operating Cash Flow $56905

b. Cash flow to creditors

Interest paid 6500

Add: Loan raised 7700

Cash flow to creditors 14200

c. Cash flow to Stockholders

Dividends Paid 8150

Less: Net Equity Raised 4500

Cash flow to Stockholders $3650

d. Change in Net working Capital = Change in Current Assets - Change in Liabilities

Figures for Current Asset was not given, rather the Net Fixed asset is given $21,100 which is not a current asset.

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3 years ago

Suppose the world price of cotton falls substantially. The demand for labor among cotton-producing firms in Texas willdecrease .

Usimov [2.4K]

The answer is C , thank me later

7 0

2 years ago

Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: April May June Manu

Kay [80]

Answer:

The cash payments expected for Finch Company in the month of May is $185,600

Thus, the option a is correct.

Explanation:

For computing the cash payment for may month. The following things should be recognized which is explained below:

1. Manufacturing expense : In manufacturing expense, $\frac{3}{4}$ is incurred for particular month and rest $\frac{1}{4}$ is for following moth.

That means, $195200 × 3÷4 = $146,400 and $156,800 × 1 ÷ 4 = 39,200

So, the total would be $146,400 + 39,200 = $185,600

2. As insurance expenses would not be considered because the information is not given.

3. As property tax is paid in November, so it would not be taken for may month.

Therefore, The cash payments expected for Finch Company in the month of May is $185,600

Thus, the option a is correct.

7 0

3 years ago