Business, 19.11.2019 03:31 mistiehaas
Carver lumber sells lumber and general building supplies to building contractors in a medium-sized town in montana. data regarding the store's operations follow: sales are budgeted at $350,000 for november, $320,000 for december, and $300,000 for january. collections are expected to be 90% in the month of sale and 10% in the month following the sale. the cost of goods sold is 75% of sales. the company desires to have an ending merchandise inventory equal to 60% of the following month's cost of goods sold. payment for merchandise is made in the month following the purchase. other monthly expenses to be paid in cash are $24,700. monthly depreciation is $16,000. ignore taxes. balance sheet october 31 assets cash $ 19,000 accounts receivable 77,000 inventory 157,500 property, plant and equipment, net of $502,000 accumulated depreciation 1,002,000 total assets $ 1,255,500 liabilities and stockholders’ equity accounts payable $ 272,000 common stock 780,000 retained earnings 203,500 total liabilities and stockholders’ equity $ 1,255,500 the net income for december would be: multiple choice $39,300 $42,300 $32,900 $55,300
Answers: 2
Business, 21.06.2019 22:50
Assume that the governance committee states that all projects costing more than $70,000 must be reviewed and approved by the chief information officer and the it senior leadership team (slt). at this point, the cio has the responsibility to ensure that management processes observe the governance rules. for example, the project team might present the proposed project in an slt meeting for a vote of approval. what does this scenario illustrate about organizational structure?
Answers: 2
Business, 22.06.2019 05:30
Eliza works for a consumer agency educating young people about advertisements. instead of teaching students to carefully read advertisement claims, she encourages them to develop a strong sense of self and to keep their life goals and dreams separate from commercial products. why might eliza's advice make sense?
Answers: 2
Business, 22.06.2019 15:20
Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.
Answers: 3
Business, 22.06.2019 19:10
Coca-cola was primarily known for its core competencies in marketing, bottling, and distributing aerated drinks. however, with the success of gatorade, coca-cola developed competencies in the development and marketing of its own sports drink, powerade. which of the following is true of coca-cola? a. it is leveraging existing core competencies to improve current market position. b. it is building new core competencies to protect and extend its current market position. c. it is redeploying and recombining existing core competencies to compete in markets of the future. d. it is targeting the chasm between the early adopter and early majority market segment.
Answers: 1
Carver lumber sells lumber and general building supplies to building contractors in a medium-sized t...
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