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2 years ago

What is a charge account?

Business

2 answers:

Anika [276]2 years ago

6 0

Answer:

an account that charges interests constantly for money stored in that particular bank

Fudgin [204]2 years ago

6 0

A charge account is an arrangement where a customer can purchase products or services on credit. Charge accounts mean that you can still buy when you are short of cash, and take advantage of sales and bargains.

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Henry Inc., a manufacturing firm, is able to produce 1,000 pairs of sneakers per hour, at maximum efficiency. There are three ei

Leokris [45]

Answer:

515,000

Explanation:

The Master-budget capacity utilization is the expected level of capacity which a current budget needs. The term utilization means the amount of capacity needed to meet customer demand.

In the future, Henry Inc estmates that customer demand is unlikely affected and will be around 515,000 pairs for their current budget. Therefore the master-budget capacity utilization level for this budget period is 515,000 pairs.

5 0

4 years ago

Jamesway Corporation has two separate divisions that operate as profit centers. The following information is available for the m

Nookie1986 [14]

Answer:

White Division Gross Profit = $72,200

Grey Division Gross Profit = $247,700

Explanation:

White Division Grey division

Sales (net) $270,000 $540,000

Less: Cost of goods sold $135,000 $202,500

Gross Margin $135,000 $337,500

Less: Salary Expenses $37,800 $64,800

Rent $25,000 $25,000

Gross Profit $72,200 $247,700

The White Division occupies 25,000 square feet in the plant. The Grey Division occupies 25,000 square feet. Hence, the rent expenses will be shared equally. Rent = $50,000 hence, both division will pay $25,000 each for rent

7 0

3 years ago

How many questions are on the ACT science test

mart [117]

Answer:

40 Questions

Explanation:

5 0

3 years ago

Costs of $5,000 were incurred to acquire goods and make them ready for sale. The goods were shipped to the buyer (FOB shipping p

Sauron [17]

Answer:

d. $5,600

Explanation:

The computation of the total cost of merchandise inventory is shown below:

Cost of goods purchased $5,000

Add: Shipping charges (FOB point) $200

Additional necessary costs to purchase the goods $400

Buyer’s total cost of merchandise inventory $5,600

Hence, the total cost of merchandise inventory is $5,600

Therefore the option d is correct

3 0

3 years ago

Would it be possible for a company to report negative free cash flow and still be highly valued by investors; that is, could a n

Firlakuza [10]

Answer:

Yes, a negative free cash flow can be viewed optimistically by some investors depending on what they are looking for.

Explanation:

A negative free cash flow refers to inability of the business to generate enough cash flow.

This could be seen at face value as a disadvantage but an investor will check the books to know why and that will help to make a more informed decision.

Some companies start out acquiring infrastructure, setting up internal structures, human resources and internal workings of the organization years before proper sales that attract consistent cash flow starts to trickle in.

This pre-operating and initial operating expenses does not reflect well on paper thereby giving a negative free cash flow.

An investor would be optimistic about investing in a company of this sort that has put in place the right conduit to generate and sustain massive cash flow in the nearest future.

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4 years ago