'Actual Tigers Company'
Total Assets
$100,000
Stockholder Equity: $30,000
$100,000 - $30,000 = $70,000
$70,000 + $30,000 = $100,000
Total Assets - Equity = $70,000 (total liabilities)
$70,000 + Equity = $100,000 (total assets)
In accounting if we minus the total assets ($100,000) with equity ($30,000) it will always give the "total liabilities" which is (70,000)
Then, adding the "total liabilities" ($70,000) with the equity ($30,000) equals $100,000 equal like as the "total assets"of $100,000
The total assets MUST match the total liabilities. If they don't match then either the calculation of the total assets are inaccurate or the numbers are estimated wrong to recalculate.
Answer: Check attachment
Explanation:
The cash collection was calculated as:
a. (90-45)/90 = 1/2
Q1 = 1700 + (1/2 × 3900)
= 1700 + 1950
= 3650
Q2 = 1950 + (1/2 × 4700)
= 1950 + 2350
= 4300
Q3 = 2350 + (1/2 × 4300)
= 2350 + 2150
= 4500
Q4 = 2150 + (1/2 × 3600)
= 2150 + 1800
= 3950
Check the attachments for further information.
Answer:
Determine how much demand there is for the product. Determine the cost of purchasing the product and how much is affordable. Figure out how much profit can be made off of each item and each order.
Answer:
Explanation:
Competitive advantages are those factor that put a manufacturer in a better position over rivals in the market and gives her the benefit of higher pricing and brand loyalty.
In this scenario , the competitive advantage that Heartsong has in the industry is her world wide reputation as a provider of choice for high-quality leading -edge artificial heart valves.
However, she has fund limitation to enhance research and development , larger production and maintain additional inventory as demanded by the market . The sales on account pattern as vendors are not paid immediately and short lead time for ordering due to the nature of the heart valve was not helping the situation.
The outsourcing arrangement to Edfex will ease the stress on delivery as it has hightech warehouses in most major population centers around the country. The focus will now be on research and development and increased production capacity.
Answer:
Budgeted fixed overhead= $787,000
Explanation:
Budget variance = Actual overhead-budgeted overhead
-41000 = 828000-X
X = 787000
So answer is $787000