Answer:
OAKLEY
INVENTORY TURNOVER 2,66
Cost Of Goods 395,010
Average Inventory 148,500
DAYS IN INVENTORY 137
Explanation:
To calculate the Inventory Turnover ratio it's necessary to calculate the average inventory of the year , the take the Total Cost of Goods and divide it by the Average Inventory, the result it's the Inventory Turnover of the company, in this case 2,66
To find the days in inventory we have to divide 365 (days of the year) and divide it by the Inventory Turnover, 2,66, the result is 137 days.
END START
$172,000 $125,000 Inventory
$ 768,000 Sales Revenue
$ 395,010 Cost of Goods Sold
OAKLEY
INVENTORY TURNOVER 2,66
Cost Of Goods 395,010
Average Inventory 148,500
DAYS IN INVENTORY 137
Answer:
Create a daily schedule and reward herself for sticking to it
Explanation:
The strategy that Olivia could use to help manage her time is to create a daily schedule and reward herself for sticking to it because she has different things to do and the best way to complete everything is to organize the time in which she is going to perform each activity and follow that plan so she will be able to have enough time. Also, if she rewards herself for following the schedule, she would be motivated to continue doing it.
Answer:
$950
Explanation:
Calculation to determine what The maturity value of the note is:
Maturity value of the note=$19000*10%*180/360
Maturity value of the note=$950
Therefore The maturity value of the note is: $950
Answer:
5.38 %
Explanation:
WACC = Cost of Equity x Weight of Equity + Cost of Debt x Weight of Debt
where,
Cost of Equity = 9.00 % (given)
After tax Cost of Debt = 6% x (1 - 0.21) = 4.74 %
Market Value of Equity = 1/5 x $13 million = $2.6 million
Weight of Equity = $2.6 million / $11.6 million = 0.22
Weight of Debt = $9 million / $11.6 million = 0.76
therefore,
WACC = 9.00 % x 0.22 + 4.74 % x 0.76
= 5.38 %
thus
the company’s WACC is 5.38 %
Answer:
Please see below
Explanation:
a.
Dr Petty cash. $235
Cr Cash $235
b.
Dr Office supplies. $74.5
Dr Miscellaneous Administrator expenses $92.75
Dr Miscellaneous selling expenses $18.60
Dr Cash short and over $6.35
Cr. Cash $192.20
C.
Dr Petty cash $65
Cr. Cash $65