<span>Organic foods is using a growth strategy. A growth strategy is a strategy companies use when they want to grow their product depth, customer basis or product knowledge. There are four broad growth strategies to help a company achieve success. The four main growth strategies are </span>diversification, product development, market penetration, and market development.
Answer:
An advantage of using the retail method of inventory costing is
c.that it may be used as an aid in taking a physical inventory.
Explanation:
The retail inventory method is used by retailers that resell merchandise to estimate their ending inventory balances. This method is based on the relationship between the cost of merchandise and its retail price. The method is not entirely accurate, and so should be periodically supplemented by a physical inventory count. Its results are not adequate for the year-end financial statements, for which a high level of inventory record accuracy is needed.
Answer:
The combination Labour delivery room
Explanation:
Utilization refers to the degree by which available resource
is being used.
It is given by the ratio of total input to total output
The attached file shows a complete solution
Answer:
<u>FIFO</u>
Ending inventory: = 6745
Cost of goods sold: = 5120
<u>AVERAGE</u>
Ending inventory: 6215
Cost of goods sold: = 5650
Explanation:
The FIFO (First input, first output) method allows you to make an inventory valuation, taking into account that the first items that enter the stock are the first ones that come out.
In the method of valuation of weighted average cost inventory, a weighted average is used to determine the cost of goods sold and the value of the inventory. To do this, the cost of the goods available for sale is divided by the number of units available for sale.
<em>(See the attached form to see the calculations)</em>
Answer:
B) $8 million.
Explanation:
There are $80 worth of convertible bonds, since half of them were converted to common stocks = $80 million x 50% = $40 million
Common stock = 6 million shares x 50% x $10 (par value) = $30 million
Unamortized balance in bond discount = $4 million x 50% = $2 million
Additional paid-in capital = convertible bonds - common stock - unamortized bond discount = $40 million - $30 million - $2 million = $8 million
June 30, 2013, Bond convertion:
Dr Bonds payable 40,000,000
Cr Common stock 30
,000,000
Cr Discount on bonds payable 2
,000,000
Cr Additional paid-in capital in excess of par value 8,000,000
