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2 years ago

Which statement is supported by the information in the

Business

2 answers:

Veronika [31]2 years ago

8 0

Answer: C) The price of Pear stock declined from 2008 to 2009.

Explanation: Just took the test on edgu 2020 and got it right see attached picture as proof

sleet_krkn [62]2 years ago

5 0

Answer:C. The price per stock declined from 2008 to 2009

Explanation: the graph declines at 2008 and increases at 2009

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FB Corp. prepares its financial statements in accordance with IFRS. FB acquired 100% of the outstanding common stock of Skarlet,

jeka57 [31]

Answer:

See the attached file below.

Explanation:

There's not much difference between IFRS and U.S. GAAP when it comes to business acquisition.

In accordance with IFRS, FB Corp. would do the following procedure:

(1) record the acquired assets and liabilities at fair value

(2) expense any acquisition related costs such as legal fees

(3) ignore post acquisition costs when determining the values at acquisition

(4) calculate goodwill as the difference between the net assets and the acquisition price less legal fees.

7 0

2 years ago

Read 2 more answers

MarketPoint Sales currently has a credit limit of $5,000. Because MarketPoint Sales has an excellent credit rating, BITS is incr

azamat

Yes , the given statement is true

Explanation:

Since the credit limit is now 10k for purchases of Marketpoint, the demand requires them.

You will apply for an increasing or decreasing in the loan cap electronically and will actually receive an immediate decision.

You should wait 4 months before your credit limit is extended and wait 6 months after a drop in your credit ceiling for an increase.

8 0

2 years ago

Decko Industries reported the following monthly data: Units produced 52,000 units Sales price $ 33 per unit Direct materials $ 1

Rus_ich [418]

Answer:

$1,275,000

Explanation:

The computation of the contribution margin is shown below:

As we know that

Contribution margin = Sales - variable cost

Selling price per unit - variable cost per unit

And, the direct material per unit, direct labor per unit, and the Variable overhead per unit are variable cost

So, if 50,000 units are sold, the contribution margin per unit is

= 50,000 × ($33 - $1.50 - $2.50 - $3.50)

= $1,275,000

3 0

2 years ago

Haberdash inc. last year reported sales of $12 million and an inventory turnover ratio of 3. the company is now adopting a just-

Sindrei [870]

Sales = $12,000,000

Inventory Turnover ratio (old) = 3
Inventory Turnover ratio (new) = 7.5
Freed up Cash = ?
So, let’s find out the freed up cash
 We know level of inventory are calculated as follows;
Inventory = Sales Inventory turnover ratio
Calculating $ value of old inventory
 Inventory Old=$12,000.0003
 =$7.5,000,000
 Calculating $ value of New inventory
 Inventory New=$12,000,0075
 =$3,000,000
 The freed up cash would be=Old Inventory – New Inventory
 =$7.5,000,000 - $3,000,000
=$4.5,000,000

6 0

2 years ago

Read 2 more answers

Zen Manufacturing Company is considering replacing a four-year-old machine with a new, advanced model. The old machine was purch

dedylja [7]

Answer:

$4,800

Explanation:

The computation of additional annual cash inflow is shown below:-

Saving in Annual Maintenance Cost by new machine = $15,000 - $6,000

= $9,000

Net savings on Maintenance = $9,000 × (1 - 0.4)

= $5,400

Decrease in Depreciation due to purchase of New machinery

= ($60,000 ÷ 10) - ($45,000 - 10)

= $6,000 - $4,500

= $1500

Tax to be paid due to decrease in Depreciation = Decrease in Depreciation due to purchase of New machinery × Tax rate

= $1,500 × 0.4

= $600

Net Annual cash Inflow due to new machinery = Net savings on Maintenance - Tax to be paid due to decrease in Depreciation

= $5,400 - $600

= $4,800

So, for computing the additional annual cash inflow we simply applied the above formula.

4 0

2 years ago