Management of Wee Ones (WO), an operator of day-care facilities, wants the company's profit to be subdivided by center. The firm's accountant has provided the following data:
Center Budgeted Revenue Actual Revenue Budgeted Direct Costs Actual Direct Costs Downtown $ 342,000 $ 363,300 $ 310,000 $ 347,600 Irvine 598,500 622,800 573,500 521,400 H. Beach 769,500 743,900 666,500 711,000 Totals $ 1,710,000 $ 1,730,000 $ 1,550,000 $ 1,580,000
WO's advertising, which is handled by the home office, is not reflected in the preceding figures and amounted to $74,000. Assume that management used the allocation base that is most influenced by advertising effort and consistent with sound managerial accounting practices. How much advertising would be allocated to the Irvine center?
Select all that apply.
Work environments can be:
indoor
outdoor
both indoor and outdoor
none of the above
Answer:
C. Both indoor and outdoor
Answer:
C
Explanation:
100 points!
Will report if fake answer
A more wordy and complex way to say "we are cringe"
Answer:
We are excruciatingly awkward and humiliated
Answer:
we are extremely embarrassing
we make you feel tremendously uncomfortable
Explanation:
Amy currently volunteers at her local hospital. She would like to one day
become a doctor. What is the best type of student organization for Amy to
join?
A. One that has a focus on community service
B. One that has a focus on building marketing skills
C. One that has a focus on health care careers
O D. One that has a focus on technology careers
Answer:
C
Explanation:
C focuses on health care careers it makes the most sense if she wants to be a doctor.
The Copper Grill has the following current assets: cash, $11 million; receivables, $44 million; inventory, $45 million; and other current
assets $3 million. The Copper Grill has the following liabilities: accounts payable, $37 million; current portion of long-term debt, $6
million; and long-term debt, $11 million.
Based on these amounts, calculate the current ratio and the acid-test ratio.
Based on these amounts, calculate the current ratio and the acid-test ratio for The Copper Grill. (Round your answers to 2 decimal
places.)
The Copper Grill
Current ratio
Acid-test ratio
Answer:
Current ratio:
Current ratio=current assets/ current liabilities
Current assets= 11 million + 55 million +40 million + 6 million= 112 million
Current liabilities= 37 million + 8 million= 45 million
Current ratio= 112 million/ 45 million= 2.49
The current ratio is a liquidity ratio that assesses a firm's capacity to pay short-term or one-year obligations. It explains to investors and other stakeholders how a firm might use current assets on its balance sheet to pay off current debt and other obligations.
The current ratio is called "current" because it includes all current assets and liabilities, unlike many other liquidity ratios. The working capital ratio is another name for the current ratio.
Analysts determine the ratio by comparing a company's current assets and liabilities. Cash, accounts receivable, inventory, and other current assets (OCA) that are projected to be liquidated or converted into cash in less than one year are reported as current assets on a firm's balance sheet. Accounts payable, wages, taxes payable, short-term loans, and the current portion of long-term debt are all examples of current liabilities.
Acid-test ratio
Acid test ratio= quick assets/ current liabilities
Quick assets= 11 million+ 55 million= 66 million
Current liabilities= 45 million
Acid test ratio= 66 million/ 45 million= 1.47
The acid-test ratio (ATR), also known as the quick ratio, calculates how well current assets can pay current obligations to determine a company's liquidity. Only the most liquid current assets that can be turned into cash in 90 days or less are used in the quick ratio.
The quick ratio is computed by dividing the total cash and equivalents, accounts receivables, and marketable investments by current liabilities.
Companies should aim for a ratio of 1.0 or above, indicating that they have sufficient current assets to meet their short-term debt commitments or expenses.
Explanation:
Current ratio= 112 million/ 45 million= 2.49
Acid test ratio= 66 million/ 45 million= 1.47
The current ratio and the acid-test ratio for The Copper Grill are 2.60 and 1.55 respectively.
What is a good current ratio?A healthy current ratio is between 1.2 and 2, indicating that the company has twice as many current assets as liabilities to cover its debts. A current ratio of less than one indicates that the company lacks sufficient liquid assets to satisfy its short-term liabilities.
Given
cash, $11 million
receivables, $44 million;
inventory, $45 million
other current assets $3 million
accounts payable, $37 million;
current portion of long-term debt, $6 million
long-term debt, $11 million
Required to Calculate the Current ratio and Acid-test ratio =?
Current ratio = Current Assets / Current Liability
Current Assets = cash + receivables + inventory + other current assets
= 11 + 44 + 45 + 3 = $112 million
Current Liability = accounts payable + current portion of long-term debt
= 37 + 6 = $43 million
Current ratio = Current Assets / Current Liability
Current ratio = 112 / 43 = 2.60
Acid-test ratio = Current Assets - Inventory / Current Liability
= 112 - 45 / 43
Acid-test ratio = 1.55
Thus, The Copper Grill's current ratio and acid-test ratio are 2.60 and 1.55, respectively. The current ratio calculates a company's ability to pay short-term or current liabilities, such as payables and loans, with short-term or current assets, such as receivables, inventories, and cash.
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All goods to be imported whether or not subject to import duties must be declared in writing on prescribed forms.
Help help help help help help please please
Answer:
A
Explanation:
cost of good s sold RS 80700 opening stock RS 5800 closing stock RS 6000.what is the amount of purchase ?
Answer：80900
Explanation:
Inventory at the beginning of the period = COGS + Inventory at the end of the period-Purchase
5800=80700+6000-P
Help help help help help help
Answer:
37%
Explanation:
I did the division 290/780*100. Mark brainliest if this answer helped you
Why should a country trade with other
nations?
A. to import as much as possible from other countries
B. to export 30% of production and stimulate
economic growth
C. to take advantage of the production strengths of
each country
A company has a before-tax cost of common equity of 14%, a pre-tax cost of debt of 6%, a cost of preferred equity of 8%, and a marginal tax rate of 34%. The current market value of the company is $150 million, with $75 million common equity, $50 million debt, and $25 million preferred equity. What is this company's weighted average cost of capital?
$1,000 par value zero coupon bonds, ignore liquidity premiums Bond Years to maturity Yield to Maturity A 1 6.00% B 2 7.50% C 3 7.99% D 4 8.49% E 5 10.70% The expected one-year interest rate three years from now should be about _________. 8.00% 7.00 % 9.00% 10.00%
6.You now have the agreement with the company and will sign the contract as you and the company are satisfied with the contract agreement. Of course, this is will be your first step to build a strong relationship between you and your employer. Your manager will know more about you. This represent which of the negotiation process element?
A- Gather information
B- Manage concessions
C- Manage time
D- Build the relationship
7.You and the other party have either come to an agreement on the terms, or one party has decided that the final offer is unacceptable and therefore must be walked away from. Most negotiators assume that if their best offer has been rejected, there’s nothing left to do. You made your best offer and that’s the best you can do. This represent which of the negotiation process element?
A- Gather information
B- Manage concessions
C- Manage time
D- Build the relationship
8.Assemble the information you’ve gathered in a way that supports your position. You can present facts that show what you will contribute to the organization in the future, which in turn demonstrates your value. This represent which of the negotiation process element?
A- Gather information
B- Manage concessions
C- Manage time
D- Build the relationship
A- Gather information
B- Manage concessions
C- Manage time
D- Build the relationship
7.You and the other party have either come to an agreement on the terms, or one party has decided that the final offer is unacceptable and therefore must be walked away from. Most negotiators assume that if their best offer has been rejected, there’s nothing left to do. You made your best offer and that’s the best you can do. This represent which of the negotiation process element?
A- Gather information
B- Manage concessions
C- Manage time
D- Build the relationship
8.Assemble the information you’ve gathered in a way that supports your position. You can present facts that show what you will contribute to the organization in the future, which in turn demonstrates your value. This represent which of the negotiation process element?
A- Gather information
B- Manage concessions
C- Manage time
D- Build the relationship
Help help help help help help
the answer I think is c
Explanation:
for the reason I have no clue I just joined and said to do this so just ignore me
explain the appearance of earthworm in brief
Explanation:
An earthworm is a terrestrial invertebrate that belongs to the phylum Annelida. They exhibit a tube-within-a-tube body plan, are externally segmented with corresponding internal segmentation, and usually have setae on all segments. They occur worldwide where soil, water, and temperature allow
This SKU has an inconsistent product classification with the ASIN. Please submit a feed to update this SKU to match the ASIN product classification
It should be noted that a stock-keeping unit (SKU) means a scannable bar code that is usually seen on product labels that are in a retail store.
Your information is incomplete. Therefore, an overview of SKU will be given. The stock-keeping unit (SKU) allows vendors to be able to track the movement of their inventory.
On the other hand, ASIN stands for Amazon Standard Identification Number. It is a ten letters unique identifier for a product that is given by Amazon.
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where does the 32 come from in cash received for common stock issued
Products that a seller sells in other countries are called
A. imports.
B. exports.
c. trade barriers.
D. quotas.
Answer:
im pretty sure it is A thx
Answer:
B. exports
Explanation:
It's leaving the country that the seller resides in.
explain the advantages of earthworm farming
Answer:
Worms help to increase the amount of air and water that gets into the soil. They break down organic matter, like leaves and grass into things that plants can use. When they eat, they leave behind castings that are a very valuable type of fertilizer. Earthworms are like free farm help.
Explanation:
Can you give me brainliest
Harris Teeter is advertising a sale on hamburger buns. What is the impact on the demand for hamburgers
The impact on the demand for hamburgers when Harris Teeter advertised a sale on Hamburger buns is an increase in the demand for hamburgers.
A sale is an activity where goods are sold at discounted prices. When a sale is advertised, people are most likely going to seize the opportunity to purchase goods at discounted amounts.
There will thus be an increase in the demand for goods.
So, the impact on the demand for hamburgers when Harris Teeter advertises a sale is an increase.
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Which type of listening occurs when we are focused on sharing our own point of view instead of listening to someone else?
Answer:
pwede ba po tagalog
nalang pwede
The Jehan Division of a company manufactures and sells Product A. The current selling price
is $73 per unit. Per-unit costs are as follows:
Direct materials $ 5.00
Direct labor 6.00
Manufacturing overhead:
Variable 7.00
Fixed 8.00
Selling costs:
Commissions 1.00
Shipping 1.50
Fixed 1.00
$ 29.50
The contribution margin per unit is: $____________
CONSIDER THE FOLLOWING QUESTIONS
1. A special one-time order to purchase 20,000 units was recently received at a price of $60 per unit. There is enough capacity to fill the order and filling this order will NOT disrupt current operations. If BLUE accepts this order, variable manufacturing costs will be reduced by $5 per unit and variable selling costs (both commission and shipping) will go down by 80%.
Is there an opportunity cost to BLUE, yes or no, and WHY?
________ (yes or no)
Answer: yes
Explanation: i dont understand what you said below but its yes
Answer:
$20.50 per unit
Explanation:
The minimum acceptable selling price is equal to the variable cost per unit
Variable Cost per unit =$5.00+6.00+7.00+1.00+1.50 =$20.50
So the Minimum Selling Price shall be $20.50 per unit
A firm is considering purchasing two assets. Asset A will have a useful life of 15 years and cost $3 million; it will have installation costs of $400,000 but no salvage or residual value. Asset B will have a useful life of 6 years and cost $1.3 million; it will have installation costs of $180,000 and a salvage or residual value of $300,000. Which asset will have a greater annual straight-line depreciation?
A) Asset B has $40,000 more in depreciation per year.
B) Asset B has $30,000 more in depreciation per year.
C) Asset A has $30,000 more in depreciation per year.
D) Asset A has $40,000 more in depreciation per year.
The following is information concerning a product manufactured by Ames Brothers. Sales price per unit $ 79 Variable cost per unit 43 Total fixed manufacturing and operating costs (per month) 410,000 a. Determine the unit contribution margin. b. Determine the number of units that must be sold each month to break even. (Round your answer to the nearest whole number.) c. Determine the number of units that must be sold to earn an operating income of $234,000 per month. (Round your answer to the nearest whole number.
a. The determination of the unit contribution margin is $36 per unit ($79 - $43).
b. The determination of the units to be sold for the company to break-even in units is (Fixed costs/contribution margin per unit)
= 11,389 units ($410,000/$36).
c. The determination of units to sell to earn an operating income of $234,000 is (Fixed costs + Operating income)/Contribution margin per unit
= 17,889 units ($410,000 + $234,000)/$36.
Data and Calculations:
Sales price per unit = $79
Variable cost per unit = $43
Contribution margin per unit = $36 ($79 - $43)
Fixed manufacturing and operating costs per month = $410,000
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Enter the December 31 adjustments in the following table for prepaid insurance, supplies, accrued wages, accrued revenue, and unearned revenue. Then, complete the adjusted trial balance by entering the adjusted balance for each of the accounts.
Help help help help help help straightforward answer
Answer is:
C. interest
a firm has an Roa of 14% a debt equity ratio .80 a tax rate of 35% and the interest rate on the debt is 10% the firm's Roe is
Answer:
11.18%
Explanation:
i had this question too
1. WHO CAN DO AFFILIATE MARKETING?
Answer:
anyone
Explanation:
is this the only question?
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Help help help help bell businesses
Question
Monetary policy can be either expansionary (growing)or contractionary (becoming smaller).
what is the purpose of expansionary monetary policy?
Answer:
C. to increase real output in the economy
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