XYZ company has been in the toys business for more than 10 years. XYZ is a...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
XYZ company has been in the toys business for more than 10 years. XYZ is a reputable company and has a very strong brand name. However, the competition increased in the last 5 years forcing XYZ to invest on creating unique and novel toys in order to retain its current customers and attract new ones. In the above case XYZ used its capital for Business start-up Paying short-term expenses Purchasing of fixed assets O Business-expansion 5 points XYZ company has been in the toys business for more than 10 years. XYZ is a reputable company and has a very strong brand name. However, the competition increased in the last 5 years forcing XYZ to invest on creating unique and novel toys in order to retain its current customers and attract new ones. In the above case XYZ used its capital for Business start-up Paying short-term expenses Purchasing of fixed assets O Business-expansion 5 points
Expert Answer:
Answer rating: 100% (QA)
The right option is d Explanation Reason for the answer 1 Business Startup It refers to the first ph... View the full answer
Related Book For
Principles of Auditing and Other Assurance Services
ISBN: 978-0078025617
19th edition
Authors: Ray Whittington, Kurt Pany
Posted Date:
Students also viewed these finance questions
-
Based upon the information provided prepare: A bank reconciliation foe the month ended April 30, 2020 ( assume any errors, if any , are made by the company and all checks disbursed arw payments on...
-
Based upon the information provided in the following figure, calculate the critical influent COD to sustainably treat a warm high-strength organic waste stream (assume influent temperature is 30C)...
-
Professional Skepticism . An important principle for auditors is the need to maintain an appropriate level of professional skepticism. Required: a. Define professional skepticism. b. During which...
-
An airplane has a ground velocity of 4 0 0 km / h , [ N 6 0 W ] . The plane is affected by a 9 0 km / h wind which is coming from the direction [ N 8 0 E ] . Determine the magnitude and the direction...
-
Rework Exercise 6.9 using the s chart. In Exercise 6. TABLE 6E.4 Hole Diameter Data for Exercise 6.9 Sample Number , , 1 30 +50-20 +10 +30 0 +50 -60 -20 +30 3 -50 +10 +20 30 +20 4 10-10 +30 -20 +50 5...
-
___________are an organizations special strengths that help it outperform competitors. (a) Core competencies (b) Strategies (c) Alliances (d) Operating objectives
-
Fran Stein started an environmental consulting company and during the first month of operations (February 2012) the business completed the following transactions: a. Stein began the business with an...
-
Tyra has a zero basis in her partnership interest and a share in partnership liabilities, which are quite large. Explain how these facts will affect the taxation of her departure from the partnership...
-
How do leaders leverage data-driven insights and predictive analytics to inform decision-making processes and drive strategic initiatives aimed at maximizing operational efficiency and performance...
-
The following transactions of Beltville College transpired during 2020. The funds necessary are the Endowment Fund, the Annuity Fund, the Plant Fund?Unexpended, the Plant Fund?Investment in Plant,...
-
1. there are ------mole of bromide ions in 0.500L of a 0.300M solution of aluminum bromide(AlBr3) 0.500 0.150 0.450 0.167
-
The manager at a Sherwin-Williams store has decided to purchase a new \($30\),000 paint-mixing machine with hi-tech instrumentation for matching color and other components. The machine may be paid...
-
A $20,000 municipal bond is offered for sale at $18,000. The bond interest rate is 6 percent per year payable semiannually. The bond will mature and be redeemed at face value 5 years from now. If you...
-
You purchase a quarter section (160 acres) of land for \($176\),000 today and sell it in exactly 9 years for \($525\),000 at auction. At what annual compound rate did the value of your land grow?
-
If you invest \($2\),000 today, withdraw \($1\),000 in 3 years, deposit \($3\),000 in 5 years, deposit \($1\),500 in 8 years, and withdraw the entire sum 3 years after the final deposit, how much...
-
How much money can be withdrawn at the end of the investment period if a. $4,000 is invested at the end of each of 3 years at 5 percent/year compounded annually, with the lump sum then shifted into...
-
What are the direct materials of the cookies? What workers would be classified as direct labor? What workers would be classified as manufacturing overhead? What other costs, not necessarily shown in...
-
What is the difference between direct materials and indirect materials?
-
An inexperienced clerk assigned to the preparation of sales invoices in a manufacturing company became confused as to the nature of certain articles being shipped, with the result that the prices...
-
Enormo Corporation is a large multinational audit client of your CPA firm. One of Enormos subsidiaries, Ultro, Ltd., is a successful electronics assembly company that operates in a small Caribbean...
-
In the course of your initial audit of the financial statements of Sylvan Company, you determine that of the substantial amount of accounts payable outstanding at the close of the period,...
-
The value of \(\Delta W=\int_{1}^{2} P d V\) of an ideal gas in a reversible isothermal process is (a) 0 (b) \(\frac{P_{1} V_{1}-P_{2} V_{2}}{\gamma-1}\) (c) \(P_{1} V_{1} \ln \frac{V_{2}}{V_{1}}\)...
-
On a Mollier chart, the slope of the curve representing a reversible isobaric process is equal to (a) \(T-\beta\) (b) \(T+\frac{1}{\beta}\) (c) \(T\) (d) \(\beta T-1\)
-
The work done in reversible polytropic steady flow processes is given by (a) \(\frac{P_{1} V_{1}-P_{2} V_{2}}{n-1}\) (b) \(\frac{n\left(P_{1} V_{1}-P_{2} V_{2} ight)}{n-1}\) (c) \(n\left(P_{1}...
Study smarter with the SolutionInn App