Answer:
Explanation:
Cost of inventory = Purchase cost + Transportation cost - Purchase return - Purchase discount
Purchase cost = 23,400
Transportation cost = 690
Purcahse return = 1300
Purchase discount = (23400 - 1300)*3% = 663
Cost of inventory = 23,400 +690-1300-663 = 22,127
Explanation:
All good!! What about you.. friend?
Answer:
The quantities of products that should be produced each month are:
300, 300, 300, 300, and 300 respectively.
Explanation:
a) Data and Calculations:
Production Scheduling Based on Level Strategy:
Month 1 Month 2 Month 3 Month 4 Month 5 Total
Beginning Inventory 0 100 100 -100 -100 0
Production 300 300 300 300 300 1,500
Forecast Demand 200 300 500 300 200 1,500
Ending Inventory 100 100 -100 -100 0 0
b) The implication is that the firm will be running in shortage for two months within the five months period. This is not ideal to meet customers' demands. It appears very costly with the holding and shortage costs throughout the period.
Answer:
A) Prepaying the debt would cause the firm's debt-to-equity ratio to improve from .62 to .50.
Explanation:
The computation of the impact is as follows:
The Debt equity ratio is
= Total liabilities ÷ total equity
Now
Debt equity prior to payment is
= $16,000,000 ÷ $26,000,000
= 0.62
And,
Debt equity after payment is
= $13,000,000 ÷ $26,000,000
= 0.50
So here as we can see that the debt equity would be improved from 0.62 to 0.50
Therefore the correct option is a.
Answer:
B. There is an increase in income and "spring shoes" are a normal good.
Explanation:
To eliminate the disequilibrium in the market for shoes, spring shoes firstly needs to be seen as a normal product because if it is seen an inferior product then as people's Income rises they woudnt want to buy inferior products because they have the income to buy normal products. As people income rises, since spring shoes is seen as a normal product, then people will buy springshoes