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zvonat [6]
2 years ago
14

A business would like to invest in a new product, but they are short on extra

Business
1 answer:
pickupchik [31]2 years ago
7 0

Given the scenario described herein, one good solution for the business to invest in a new product when it is short on cash is <u>B. Liquidate some inventory to increase cash flow.</u>

<h3>What is Cash?</h3>

In accounting, cash includes bills, coins, bank balances, money orders, and checks. Cash is the first item in most balance sheets, especially if the company is reporting liquidity.  Cash happens to be the most liquid of all assets. Cash also includes cash equivalents, which are assets readily converted into cash.

Thus, the company does not need to raise prices, fire employees, or cut wages to raise cash.  It can liquidate some inventory at lower prices if necessary.

Learn more about meeting cash requirements at brainly.com/question/735261

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An accountant who blows the whistle on financial wrongdoing by his/her employer by going outside the entity violates:
stepladder [879]

Answer:

1. The correct answer is b) Confidentiality.

2. The CEO supports the CFO and does not agree to correct the financial statements

Explanation:

1. Confidentiality is an important element for different companies and professions, for example, through confidentiality, companies protect much of their information. That is why many companies make a confidentiality agreement with their employees when hiring them with the aim that the Company information is not shared for any reason.

There are confidentiality agreements that remain in force after people have stopped working at the company, for example in the case of the accountant who denounces the financial irregularities of his former boss, violates the confidentiality agreement and if his employer shows that he has no irregularity he can sue the accountant for not complying with the agreement.

2. Executive Director of the company is known as the CEO, whose function is the development of the business plan and the organization of the company.

The CFO is the acronym for the financial director in companies, they have the function of financial planning.

In companies, Executive Director (CEO) has the authority to accept or deny actions to be taken, for example, he has the authority to tell the chief financial officer (CFO) not to correct the company's financial statements. When the company has problems, it may be that the CEO and CFO will have responsibilities taking into account their functions.

<em>I hope this information can help you.</em>

5 0
2 years ago
Al's obtained a discount loan of $78,500 today that requires a repayment of $98,000, 3 years from today. What is the APR
Andrei [34K]

Answer:

R = 8.2803%

Rounded: 8%

Explanation:

Solving our equation:

r = (1/3)(98000/78500) - 1) = 0.08280255

r = 0.08280255

Converting r (decimal) to R a percentage

R = 0.08280255 * 100

= 8.2803%

Hope this helped! :D

8 0
3 years ago
Read 2 more answers
Sutton Enterprises makes gadgets using a two-step process that involves machining and assembly, respectively. During the period,
MaRussiya [10]

Answer:

Total equivalent units= 11,890

Explanation:

Giving the following information:

Assembly Department completes 10,200 gadgets and transfers them to Finished Goods Inventory.

The Assembly Department has 2,600 gadgets in the process that are 65% complete for conversion.

<u>To calculate the equivalent units, we need to multiply the % complete for the number of units started:</u>

Units completed= 10,200

Units in ending inventory= 2,600*0.65= 1,690

Total equivalent units= 11,890

5 0
3 years ago
Brent is a full-time exempt employee in Clark County, Indiana. He earns an annual salary of $39,360 and is paid semimonthly. He
serious [3.7K]

Answer:

  • Federal Income tax ⇒ $80
  • FICA ⇒ $125.46
  • State income tax ⇒ $52.97
  • Local deduction - Clark County Income tax ⇒ $29.52

Explanation:

Brent gets paid semi-monthly so his pay per period is:

= 39,360 / (12 months *2)

= $1,640

Based on the table therefore, his federal tax is:

= $80

This figure is based on the intersection between income of $1,640 and 3 withholding allowances.

FICA tax rate is 7.65% so his FICA tax is:

= 1,640 * 7.65%

= $125.46

State income tax = $52.97

Local deduction - Clark County Income tax = $29.52

Total deductions:

= Federal tax + FICA + State income tax + Clark County income tax

= 80 + 125.46 + 52.97 + 29.52

= $287.95

3 0
3 years ago
Dr. wahls explains at great length the importance of diet to mitochondrial function, but if you had to simplify her message to f
Alla [95]

If the whole lecture about mitochondria was placed in a single tweet, it would be this one:

 

<span>“The mitochondria is the power house of the cell” A powerhouse that we all should be mindful about and to take care of our own.</span>

5 0
3 years ago
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