Order Number |
898993092 |
Type of Project |
ESSAY |
Writer Level |
PHD VERIFIED |
Format |
APA |
Academic Sources |
10 |
Page Count |
3-12 PAGES |
Question Description
Prudie’s estimate for June was slightly off. Her company actually cleaned 34 parking lots in June. For these 34 parking lots, her employees used a total of 323 gallons of detergent. This detergent actually cost the firm $24,871 in total.
Also assume that these 34 parking lots actually required 362 DL hours at a cost of $3,258. Actual VOH costs in June amounted to $2,172.
Calculate the June total flexible budget DM variance for the detergent. Represent this variance as a positive number.
Question Description
In February 2019, the Thai Baht exchange rate with Euro (EUR/THB) was 35.462. From February 2019 to February 2020, Thailand’s inflation rate is 1.05%, and the Euro Area’s inflation rate is 1.4%.
Company Designer Brands INC Current Ratio
Question Description
Company Designer Brands INC. form 10k using January 30 2020 ending year on sec.gov
Measuring ability to pay current liabilities (Liquidity analysis): Calculate the current ratio and the quick ratio of the company for the latest year presented. How easily can the company meet its current obligations?
Measuring turnover and cash conversion cycle: Evaluate the ability to sell inventory, collect receivables, and manage payments. (Note: You will need to use some balance sheet balances from three years, even though the balance sheet only includes two years of balances. To find one year earlier than the two years presented on the balance sheet, find the Form 10-K for the earlier year.)
Measuring leverage (overall ability to pay debts): Calculate the debt ratio and the times-interest-earned ratio for the latest year presented. How easily can the company meet its long-term obligations?