<span> making on time payments on a debt
</span><span> purchasing a large kitchen appliance with cash
</span><span> saving 25% of every paycheck</span>
Answer: d. it is necessary to relate variable cost data to the activity index chosen
Explanation:
The activity index shows how various activities have an impact on the cost of production.
When developing a flexible budget within a relevant range of activity, ome must relate variable cost data to the activity index chosen to ensure that it is indeed variable.
You need to go into excel and make it there
Answer:
$1.67 Million
Explanation:
Current asset = 15 Million
Current liabiltiy = 15 Million/3
= 5 Million
Let the inventory X can be purchased with short term debt without violation
per current ratio requirement
(15 + x)/5+x = 2.5
15 + x = 12.5 + 2.5x
2.5 = 1.5x
x = $1.67 Million
Therefore, $1.67 Million inventory can Baker purchase without violating its debt agreement if their total current assets equal $15 million
Answer:
$4760
Explanation:
700 units at 6.80 value/unit
700 x 6.80
= 4760
