So, let us see the facts. The company needs to sell 67000 units throughout the year. We also need to have 15000 units in the storage so that we have 15000 in December. Hence, we need 82000 totally. But there are also 6000 already in storage. Hence we only need to produce 82000-6000=76000 units. If anything is unclear just comment.
Answer:
a. Borrow using short-term notes payable and use the cash to increase inventories.
Explanation:
The formula to compute the current ratio is shown below:
Current ratio = Total Current assets ÷ total current liabilities
where,
The current assets = Cash and cash equivalents + Short-term investments + Accounts and notes receivable + Inventories + Prepaid expenses and other current assets
And, current liabilities would be
= Short-term obligations + Accounts payable
If the current ratio is 0.5 which means that the current asset is 1 and the current liabilities are 2 so the most appropriate option is a.
Answer:
E) rack jobbers.
Explanation:
Rack jobbers is defined as a company or trader that has an agreement with a seller to display their products in the retail stores and sell them. Usually channels used are not the traditional channels used to sell the products and can include: gas stations, grocery stores.
In such instances the profit realised is split between both parties. For example if Procter and Gamble provide a product rack to a grocery store this is called rack jobbers.
This will be Reynold's best option as he does not want to take care of setting up displays and maintaining inventory records.
The statement, "Common stock is a vehicle for selling ownership and another way to raise money for operations, expansion, or other business needs" is true.
<u>Explanation:</u>
Common stock is a distribution tool and a way to raise capital for investment, business growth or other company needs.
Common stock is a kind of company holding, a type of safety. In many other regions of the world, the terms polling share and prevalent share are frequently were using.
The "common stock" is used mainly in the USA. These are classified as shareholdings or common shares in the United Kingdom and other Commonwealth.
It means that one common stock share constitutes percentage equity of a corporation. In certain words, this is a way to split the assets of a corporation.
For example, if 100 shares were taken out, one share would amount to one percent of the company's intellectual property.
Answer:
I guess that this depends on what you want to clean, but my choice is
E.g. if you are a mechanic and you need to clean auto parts (which are dirty and greasy), then a hot soap washer is very useful. A hot soap washer is basically a dishwasher that works with hot pressurized water. Generally, detergent is much less hazardous than solvents. This method applies to all the objects that can be moved into the sink in order to be washed.
If you want to clean things at home, the same applies. The least hazardous cleaning method is using hot water and detergent.
A pressurized water hose may be a solution to certain issues, e.g. clean bird poop on top of a car or a sidewalk. If you can mechanically clean something (use a broom or vacuum cleaner), then there is no reason why you would need a solvent. Using disposable wipes only increases the amount of waste that you generate.