Answers
There will be a decrease in the current ratio and no change in working capital when the cash is paid for the accounts payable.
What is current ratio?The current ratio is the ratio analytical tool that determines the position of an organization to fulfill the demands of its short-term capital and fund requirements during the current financial year or period.
The current ratio is negatively affected by the use of cash to pay the liabilities like payables and short term loans. However, there is no such effect on the working capital when cash is used for the same.
Hence, option A holds true regarding the effect on current ratio and the working capital of Crane is aforementioned. The complete question has been attached as an image for better reference.
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Related Questions
A factory manufactures model cars. During October work commenced on 110,000 new cars.
This was in addition to 20,000 that were 50% complete at the start of the month. At the end of October there
were 40,000 cars that were 50% complete.
Costs for October were:
Brought forward
Incurred this period
$132,000 (
If this factory chooses the weighted-average method of spreading costs, what is the cost per car for October
production?
a
1200
S000
11,000
121,000
1320
Answers
Answer:
11000 is the correct answer
The eight types of waste include all of the following except:
Answers
The eight types of waste in lean manufacturing include all of the following except verifying and checking.
How to illustrate the information?Lean manufacturing is a production method that is aimed at reducing response times within the production system from the suppliers and to customers.
It should be noted that the types of waste include :
Transport.Inventory.Motion.Waiting.Overproduction.Overprocessing.Defects.Unutilized talent.Therefore, verifying and checking isn't an option.
Complete question:
The eight types of waste in lean manufacturing include all of the following except:
Transport and Inventory.
Motion and Waiting.
Overproduction and Overprocessing.
Defects and Unutilized talent.
Verifying and Checking.
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What does medical coverage on an auto insurance policy cover?
OA. The costs of compensating someone else injured in an accident
you caused
OB. The medical and car repair bills for anyone else involved in an
accident you caused
OC. The repair of damage caused to your car when you caused the
accident
O D. Medical bills for yourself and anyone else in your car in case of an
accident
Answers
Medical coverage on an auto insurance policy covers Medical bills for yourself and anyone else in your car in case of an accident
WHAT IS MEDICAL COVERAGEMedical coverage is a type of insurance that protects the occupants in a car against medical bills should accidents occure irrespective of who caused it.
Medical coverage of an auto insurance ensures that medical expenses are covered in cases of an accident.
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Which of the following statements about cover letters is false?
a.
A cover letter gives an employer some insight into the applicant’s personality.
b.
A cover letter provides an employer with an sample of the applicant’s written communication skills.
c.
A cover letter is sent before a résumé so that the employer knows it is coming.
d.
A cover letter allows an applicant to go more in depth about their skills and abilities.
Answers
The false statement about cover letters is that: C. a cover letter is sent before a résumé so that the employer knows it is coming.
What is a cover letter?A cover letter can be defined as a type of letter that is attached as an introduction and it generally accompanies another document such as a résumé.
This ultimately implies that, the false statement about cover letters is saying it's sent before a résumé to an employer of labor, so he or she knows it is coming.
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1. Describe the three-step writing process.
2. List four techniques you can use to improve the readability of your messages.
Answers
1. The three-step writing process can be defined as:
Pre-writingDraftingFinal reviewIn pre-writing, the objective is to prepare for your writing, through research and information gathering. In the drafting phase you will build your text in a structured way and in the review phase you will carry out an analytical reading and make corrections if necessary.
2. Four techniques you can use to improve the readability of your messages are:
Add headings and subheadingsUse short words and objective sentencesKeep paragraphs shortUse bullets and listsHow to write a text effectively?It is essential to pay attention to the textual structure and its main objective, aligning ideas in a simple and objective way, so that the reader can understand the purpose of the text. It is also essential to use reliable sources in the construction of the text, generating greater reliability.
Therefore, good writing is built through research, analysis and dedication, with ideals structured around a topic.
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The Economy Tomorrow Suppose a country’s GDP is $10 billion and the population is 2 million this year.
a. Calculate GDP per capita for this year. $ 5000 (correct answer)
b. Calculate GDP per capita for next year if the population grows by 5 percent and there is no change in output. $
c. Calculate GDP per capita for next year if the population grows by 1 percent and output grows by 3 percent
Answers
GDP per capita for this year is $5000
GDP per capita for next year is $4760
GDP per capita for next year is $5100
What is the GDP per capita?GDP per capita is the gross domestic product of a country divided by the total population of that country.
GDP per capita = GDP / population
GDP per capita for this year = $10 billion / 2 million = $5000
GDP per capita for next year = $10 billion / ( 2 x 1.05) = $4760
GDP per capita for next year = (10 billion x 1.03) / ( 2 x 1.01) = $5100
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The Fashion Shoe Company operates a chain of women’s shoe shops that carry many styles of shoes that are all sold at the same price. Sales personnel in the shops are paid a sales commission on each pair of shoes sold plus a small base salary. The following data pertains to Shop 48 and is typical of the company’s many outlets: Per Pair of Shoes Selling price $ 30.00 Variable expenses: Invoice cost $ 8.00 Sales commission 7.00 Total variable expenses $ 15.00 Annual Fixed expenses: Advertising $ 35,000 Rent 30,000 Salaries 145,000 Total fixed expenses $ 210,000 6. Refer to the original data. The company is considering eliminating sales commissions entirely in its shops and increasing fixed salaries by $38,600 annually. If this change is made, what will be Shop 48's new break-even point in unit sales and dollar sales? (Do not round intermediate calculations.)
Answers
Shop 48's new break-even point in unit sales is 14,000 units and dollar sales is $420,000.
Break even point in units and salesBreak even point in units sales
Break even point= Fixed cost /Contribution per units
Break even point=$210,000/ ($30-15)
Break even point=$210,000/ $15
Break even point=14,000 units
Break even point in dollar sales:
Break even point in dollar sales =14,000 ×$30
Break even point in dollar sales=$420,000
Therefore Shop 48's new break-even point in unit sales is 14,000 units and dollar sales is $420,000.
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What are your opinions on how government and industry and global forces responded to the pandemic?:
Answers
Government, industry and global forces have responded positively to the pandemic by instituting immediate measures to contain the virus and preserve the economy.
How does a pandemic impact the world?A pandemic situation is capable of generating health, economic and social crises around the world, generating significant consequences, such as an increase in deaths, closure of companies, unemployment and shortages, especially in more vulnerable places where there are fewer resources to establish a plan. emergency to overcome the situation.
Therefore, government, industry and global forces are essential to institute public policies, strategies and public awareness of the importance of self-care and following protocols in a time of health crisis.
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Only a few companies in the world offer consumers the opportunity to buy a mega-yacht - a privately owned luxury yacht that has its own personal crew. Which of the following segmentation criteria would you expect these companies to employ? Select one: A. Identifiable B. Respond differently C. Sizeable D. Stable
Answers
The segmentation criteria that the companies would most likely employ to sell the luxury yachts would be A. Identifiable.
Which criteria would be best?The identifiable criteria would be best because it would allow the company to carefully select their customers.
They would then be able to select only customers that have the ability to purchase such an expensive good.
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What is the most accepted time frame associated with the MOV SEP code?
Answers
The inference is that the most accepted time frame associated with the MOV SEP code is 60 days or 2 months.
What is an inference?An inference is the conclusion that can be deduced based on an information.
In this case, the inference is that the most accepted time frame associated with the MOV SEP code is 60 days or 2 months. This is the period when you can sign for health insurance.
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Managerial economics can be applied to the non-profit organizations too. Justify this statement?
Answers
Managerial economics can be applied to the non-profit organizations too because it help them in organizing, and controlling their resources.
Managerial economics is relevant to nonprofit organizations and government agencies as well as conventional, for-profit businesses.
What is Managerial economics?Managerial economics is an area of economics that is used for staffing, as well as controlling the resources of the organization.
With Managerial economics , one can carry out:
planning directing organizingIn this case, Managerial economics is relevant to nonprofit organizations and government agencies as well as conventional, for-profit businesses.
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D
Question 12
A formal approach to familiarize a new staff member to its values and polices. What type of
organizational learning does this describe?
O employee mentorship
O employee orientation
O employee training
employee development
Answers
The type of organizational learning that involves a formal approach to familiarize a new staff member with the organization's values and policies is B. employee orientation.
What is organizational learning?Organizational learning involves the process of gaining experience and creating knowledge for organizational improvement.
Organizational learning enables employees to:
Share insightsBrainstorm togetherSolve problemsImprove performance.Thus, familiarizing new staff members with the organization's values and policies involves employee orientation, not employee mentorship, training, or development.
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You notice your voices have risen as the conflict has escalated. You lower your voice and attempt to answer moderately. "Do you mean to pressure me into a title of your choosing, Julia?" you ask.
"I don't care what you call it," she retorts.
What should you do?
Ask Julia to sit down with you later to discuss all that she has been doing for the organization. Suggest she gather facts and information to support what she tells you.
Walk over and close the door. You don't want to add a public nature to the conversation that might make Julia feel ashamed, and you don't want everyone in the office to know your business.
Acknowledge to Julia that she has been important to the organization from the start and that you value your relationship. Let her know you will always value the relationship.
Walk over to Julia and give her a hug. After all, business is about relationships, and you and Julia actually started with a relationship in college long before the business.
Answers
The best is to ask Julia to sit down and discuss with her the issue by asking her to support her ideas (first option).
What is this conflict about?In this situation, you are having an argument with an employee or colleague and this argumentseems to have got out of control.
What should you do?Instead of continuing arguing, calm down and ask Julia to do the same. Then sit down with Julia, acknowledge her contribution to the company but ask her to better support her ideas.
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Conrad, Incorporated recently lost a portion of its records in an office fire. The following information was salvaged from the accounting records.
Cost of Goods Sold $ 71,000
Work-in-Process Inventory, Beginning 12,900
Work-in-Process Inventory, Ending 10,200
Selling and Administrative Expense 18,000
Finished Goods Inventory, Ending 18,300
Finished Goods Inventory, Beginning ?
Direct Materials Used ?
Factory Overhead Applied 13,200
Operating Income 14,660
Direct Materials Inventory, Beginning 11,540
Direct Materials Inventory, Ending 6,420
Cost of Goods Manufactured 65,640
Direct labor cost incurred during the period amounted to 1.5 times the factory overhead. The Chief Financial Officer of Conrad, Incorporated has asked you to recalculate the following accounts and to report to him by the end of the day.
What is the amount of direct materials used?
Answers
The amount of direct materials used by Conrad, Incorporated is $29,940.
Calculating the cost of production:The cost of goods manufactured is given as the beginning WIP plus direct labor, materials, and overhead costs, less ending WIP.
When the cost of goods manufactured is given, it is possible to compute any missing entry (e.g. the cost of direct materials) from the above equation.
Data and Calculaitons:Work-in-Process Inventory, Beginning 12,900
Factory Overhead Applied 13,200
Direct labor = $19,800 ($13,200 x 1.5)
Work-in-Process Inventory, Ending 10,200
Computation of the Direct Materials Costs:Debit Credit
Work-in-Process Inventory, Beginning $12,900
Factory Overhead Applied 13,200
Direct labor 19,800
Direct materials 29,940
Cost of Goods Manufactured $65,640
Work-in-Process Inventory, Ending 10,200
Totals $75,840 $75,840
Thus, the amount of direct materials used by Conrad, Incorporated is $29,940.
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patrick is looking to open a checking account to use for groceries he should go to a
Answers
Patrick goes to any U.S bank branch for opening a checking account for the use of groceries with some documents required for opening a checking account.
What is a Checking Account?A checking account makes it simple to access your money for daily transactions while also assisting in keeping your money safe. It's a flexible account that gives you the freedom to handle your daily spending, including bill payments, purchases, and paycheck management.
As a result, Patrick needs to visit any branch of a U.S. bank with some documentation, such as his Social Security number and a current, government-issued photo ID, such as a driver's license or passport, to open a checking account to pay for groceries or other personal expenses.
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Unit 3 Assignment: Top 5 Business Writing Tips
Attached Files:
File Unit 3 Assignment.pdf Unit 3 Assignment.pdf - Alternative Formats (136.795 KB)
File Blog Example.pdf Blog Example.pdf - Alternative Formats (52.202 KB)
In business, composing a message requires following a few key steps. The writer must adapt to his or her audience, choose powerful words, selecting the right medium and proofreading. In this assignment, you are going to practice using a blog as a medium for delivering your message.
An example of a blog is attached. See the Readings and Resources section for an example of a vlog.
See the attached document for complete instructions and grading rubric.
Submit your completed assignment to the above submission link by 11:59 p.m. EST, Sunday of Unit 3.
Answers
The top five business writing tips include:
Write the objective of the message.Consider your audience.Get the right tone.Always check for spelling and grammar mistakes.Proofread.How to illustrate the information?It should be noted that having a clear and meaningful written communication is vital to the success of an organization against its competitors.
The five business writing tips include:
Objective of the message: One should plan the purpose or the key objective of the message. It's important to effectively draft the objective for the audience to understand.
Consider your audience: It is important that the message should be drafted in a way that appeals to the audience.
Get the right tone: It should be noted that the tone is the language that is used for communication. Communication to clients should formally written.
Always check for spelling and grammar mistakes: It should be noted that grammar mistakes can be a huge turnoff, therefore it's important to check them.
Proofread: At the end, it's important to proofread you're message in order to look out for mistakes.
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what is medicare ahip
Answers
Answer:
AHIP, (America's Health Insurance Plans), is an industry-recognized certification test that is required by almost all Medicare carriers. It's required to sell Medicare Advantage (MA) or Prescription Drug Plans (PDPs) for each calendar year.
What does self and social awareness skill look like In your career/indusrty?
Answers
Self and social awareness skill is vital in one's career or industry as it enables the individuals to have control over their actions and ambitions.
What is self awareness?It should be noted that self awareness simply means the ability for an individual to be able to control their emotions.
In this case, self and and social awareness skill is vital in one's career or industry as it enables the individuals to have control over their actions and ambitions.
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I uploaded the chart for the question
What is the amount of dividend paid in 2020?
a.
$163
b.
$231
c.
$187
d.
$248
0.5 points
QUESTION 3
What is the net income in 2021?
a.
$1,155
b.
$3,288
c.
$3,724
d.
$1,240
1 points
QUESTION 4
What is the total assets in 2020?
a.
$7,119
b.
$6,843
c.
$9,739
d.
$6,551
0.5 points
QUESTION 5
What is the owners' equity in 2021?
a.
$9,281
b.
$4,968
c.
$6,569
d.
$3,726
1 points
QUESTION 6
What is the cash flow from assets in 2021?
a.
$4,332
b.
$1,578
c.
$6,712
d.
-$2,380
1 points
QUESTION 7
What is the cash flow to creditors in 2021?
a.
$4,332
b.
$6,712
c.
$1,580
d.
-$2,380
1 points
QUESTION 8
What is the cash flow to stockholders in 2021?
a.
$6,712
b.
-$2
c.
$4,332
d.
-$2,380
0.5 points
QUESTION 9
M&M Foods' current ratio in 2021 is _____.
a.
6.77
b.
1.45
c.
3.31
d.
2.85
1 points
QUESTION 10
M&M Foods' quick ratio in 2021 is _____.
a.
2.68
b.
2.85
c.
5.33
d.
1.40
1 points
QUESTION 11
M&M Foods' day's sales in receivables in 2021 is _____.
a.
48 days
b.
57 days
c.
74 days
d.
66 days
1 points
QUESTION 12
M&M Foods' total asset turnover in 2021 is _____.
a.
0.72
b.
0.90
c.
2.03
d.
1.85
1 points
QUESTION 13
M&M Foods' day's sales in inventory in 2021 is _____.
a.
102 days
b.
159 days
c.
83 days
d.
135 days
1 points
QUESTION 14
M&M Foods' profit margin in 2021 is _____.
a.
38
b.
19
c.
0.19
d.
0.38
0.5 points
QUESTION 15
M&M Foods' return on assets in 2021 is _____.
a.
0.48
b.
48
c.
17
d.
0.17
1 points
QUESTION 16
M&M Foods' return on equity in 2021 is _____.
a.
0.25
b.
19
c.
25
d.
0.19
1 points
QUESTION 17
M&M Foods' total debt ratio in 2021 is _____.
a.
0.15
b.
0.30
c.
15
d.
30
0.5 points
QUESTION 18
M&M Foods' equity multiplier in 2021 is _____.
a.
1.43
b.
1.17%
c.
1.17
d.
1.43%
1 points
QUESTION 19
M&M Foods' times interest earned ratio in 2021 is _____.
a.
7.83%
b.
7.83
c.
0.13
d.
13
1 points
QUESTION 20
If M&M Foods has 1,000 shares outstanding and the stock is sold for $25 per share on 12/31/2021, its PE ratio is _____.
a.
31%
b.
31
c.
20.16
d.
20.16%
1 points
QUESTION 21
If M&M Foods has 1,000 shares outstanding and the stock is sold for $25 per share on 12/31/2021, its market-to-book ratio is _____.
a.
5.03
b.
4.12%
c.
4.12
d.
5.03%
1 points
QUESTION 22
M&M Foods' internal growth rate in 2021 is _____.
a.
0.16
b.
0.54
c.
0.25
d.
0.80
1 points
QUESTION 23
M&M Foods' sustainable growth rate in 2021 is _____.
a.
0.25
b.
0.54
c.
0.16
d.
0.80
Answers
Answer:
Explanation:
yes you are correct yes you are correct yes you re correct
14
The HR director at Clearwater Electronics has been asked to work on the company's globalization process. Management has specifically asked that all managers in
the company subsidiaries come from the corporate office, and the HR director is developing a job description template with a list of competencies needed for these
managers to be successful. In addition, she is developing a survey to assess family interest and needs. What is the best reason for the family survey to be included in
any future job posting where a manager might take their family abroad?
It is costly to relocate a family abroad, so it is necessary to assess needs, such as schooling, in order to manage costs effectively.
Many incidents where expatriates return home early are due to family-related problems, and it is best to ensure that family needs and
expectations are managed appropriately prior to relocation.
The family survey will help the company manage any family health issues prior to relocation.
A family assessment will allow the company to arrange for language and cultural instruction for all the family prior to relocation.
Answers
The best reason for the family survey to be included in any future job posting where a manager might take their family abroad is B. Many incidents where expatriates return home early are due to family-related problems, and it is best to ensure that family needs and expectations are managed appropriately prior to relocation.
What is a survey?It should be noted that a survey simply means a way to collecting data by a researcher.
In this case, the survey is because many incidents where expatriates return home early are due to family-related problems, and it is best to ensure that family needs and expectations are managed appropriately prior to relocation.
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list four souces to find information about occupations, employers, and specific jobs
Answers
Answer:
Books
graphics
journals
articles
The BI Team - Roles and Responsibilities
There are many different processes and tools in business intelligence, each requiring different skills. For that reason, it’s natural that specific roles have evolved to deal with each process.
Match the job title to the correct definition:
Answers
Business intelligence (BI) can be understood as a strategy to increase the efficiency of decision making by collecting data from internal and external IT systems.
How does information technology impact business?Through the automation of organizational systems, there is a better use of resources and the time with which processes and decisions are made, since the technology is capable of processing a large volume of data and transforming them into relevant information about the internal environment and external.
Therefore, business intelligence helps management, increasing the quality and speed of management decisions, helping managers with reports, projections and consistent analysis for greater vision and systematization of processes.
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During adolescence, young people develop the ability to:
Understand abstract ideas
Establish and maintain satisfying relationships
Question old values without losing their identity
All of the above
Answers
Answer:
all of the above is the correct option
Explanation:
hope this helps you (﹡ˆ﹀ˆ﹡)♡
a manufacturing company has been facing codification challenges caused by fluctuating levels of stock.stores departments must make decisions on how to address this problem and improve efficiency in stores operations. afvise the store manager of key considerations that should be made when choosing the most suitable type
Answers
The key considerations that should be made when choosing the most suitable type of stock is to control the stock.
What should the company control stock?When stock is controlled it ensures that there is materials or resources available enough for production.
It includes adequate monitoring of the stock level to ensure sustainability through details inventory and monitoring.
Therefore, the key considerations that should be made when choosing the most suitable type of stock is to control the stock.
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The following economic functions have been derived by the Finance Manager
Qx = 3P2 – 12 and
Qx = 24 – P2; where p represents price and Q is quantity
Required:
Which of the two functions represents a demand curve, supply curve and why?
At what values of price and quantity is the market in equilibrium
Answers
The supply curve in the question is Qa = 3P2– 12 while the demand curve is Qx = 24 – P2.
a. How to ascertain the supply curveTo know the supply curve we have to be able to make a distinction of the direction of the signs used in the functions.
Supply curves are known to be positive because they are an increasing function that is due to prices. For demand function they are negative because they are a decreasing function.
In 3P2 – 12. the coefficient is positive when we take the first derivative. This gives us 6p= +6
For the demand curve, when we do this we would have -2p. that is -2 hence this is the demand curve.
2. Equilibrium.
At equilibrium we have Qa = Qd
hence 3P² – 12p= 24 – P²
From here we are to take like terms
3P² – 12p= 24 – P²
3P² + P² - 12p - 24 = 0
4p² - 12p - 24 = 0
The solution to the quadratic equation using the quadratic equation calculator is x=4.37228 and x=−1.37228
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Requirement 1. Record the transactions in the general journal
Oct 2: Issued 19,000 shares of common stock for a building with a market value of $240,000
Accounts and Explanation
Date
Oct. 2
Debit
Credit
Answers
Cash is debit amount is, 84000. Preferred stock-$50 par value is credit, 30000. Paid in capital in excess of par-preferred is credit, 54000.
What is market value?
Market value is the amount an asset would sell for on the open market, or the estimation of an equity or company's worth by the financial community.
Date Accounts title & explanation Debit Credit
cash (600×140) 84000
Preferred stock-$50 par value, 30000
Paid in capital in excess of par-preferred, 54000
Hence, the significance of the market value is aforementioned.
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How is the year-to-year percentage change determined? Select all that apply.
- current year's total / prior year's total
- (current year's total - prior year's total) / prior year's total
- (current year's total - prior year's total) / current year's total
- (prior year's total - current year's total) / prior year's total
Answers
The year-to-year percentage change is determined by : (current year's total - prior year's total) / prior year's total.
Steps to calculate year to year percentage change
1. Take your current month’s growth number and substract from the prior year total. If the difference is positive, your organization is expected to experience growth, if it’s negative, that indicate loss.
2. Next, take the difference and divide it by prior year’s total number. It will give you the growth rate for your 12 month period.
3. Multiply the same by 100 to convert this growth rate into percentage rate.
So, (current year's total - prior year's total) / prior year's total is the formulae to find year to year percentage change.
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Judith bought a new Coach purse for herself as a birthday present. She had never spent that much on a purse, but decided it was worth
can influence buying
it because she would look so chic when she used it. This demonstrates how a customer's perception of____ can influence buying
behavior.
Answers
The scenario demonstrates how a customer's perception of value can influence buying behavior.
What is a customer's perception of value?It is the set of conscious and unconscious criteria defined by a customer in relation to a brand. A customer's perception of value is related to the benefits they will have when consuming a specific brand, as in the case of the question, the Coach purse.
Therefore, creating value for customers is one of the main objectives of a company's marketing, as increasing brand equity generates competitive and economic advantages relevant to organizational success.
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who was the finder of btc
Answers
Answer:
Satoshi Nakamoto is the founder
After a robbery why should you move away from any place that a robber have been
Answers
Answer:
it is because they have the probability of returning back