Which answer best fills in the blank in this sentence?

Shondra’s family’s monthly net income is $6,654. The family’s budget is shown in the circle graph below. The family decides to i

Serga [27]

Answer:

B. $466

Explanation:

5 0

2 years ago

Although you were not fortunate enough to get Tee Time Golf Resort stock as an IPO, you are still thinking about trying to add s

elena-14-01-66 [18.8K]

Answer:

Secondary market; Prospectus

Explanation:

The broker is talking about the secondary market. After initial public offering, shares are traded again privately, in the secondary market. Likewise, the broker wants to send a brochure or a prospectus to the client in order to help him understand about the company to finalize the decision. A prospectus consists of the company’s complete information.

4 0

2 years ago

A North Face retail store in Chicago sells 500 jackets each month. Each jacket costs the store $100 and the company has an annua

algol13

Answer:

1) What is the annual holding and ordering cost?

annual ordering cost = $100 x 12 = $1,200

annual holding cost = ($100 x 25%) x [500 x 1/2(average inventory)] = $6,250

total $7,450

2) On average, how long does a jacket spend in inventory?

= 30 days / 2 = 15 days

3) If the retail store wants to minimize ordering and holding cost, what order size do you recommend?

economic order quantity (EOQ) = √[(2 x annual demand x order cost) / annual holding cost per unit]

EOQ = √[(2 x 6,000 x 100) / 25] = √48,000 = 219.09 units ≈ 219 units

4) How much would the optimal order reduce holding and ordering cost relative to the current policy?

EOQ = 219

total number of orders = 6,000 / 219 = 27.4 per year

average inventory = 219 / 2 = 109.5 units

annual ordering cost = $100 x 27.4 = $2,740

annual holding cost = ($100 x 25%) x 109.5 = $2,737.50

total $5,477.50

annual savings = $7,450 - $5,477.50 = $1,972.50

6 0

2 years ago

Lassen Corporation sold a machine to a machine dealer for $24,000. Lassen bought the machine for $52,000 and has claimed $20,500

tangare [24]

Answer:

Gain/loss= $7,500 loss

Explanation:

Giving the following information:

Selling price= $24,000.

Lassen bought the machine for $52,000 and has claimed $20,500 of depreciation expense on the machine

First, we need to calculate the book value:

Book value= original price - accumulated depreciation

Book value= 52,000 - 20,500= $31,500

If the selling price is higher than the book value, the company gain from the sale.

Gain/loss= 24,000 - 31,500= $7,500 loss

8 0

2 years ago

Both Mia and Mario specialize in producing the item in which they have a comparative advantage. Then they trade one pasta dish f

FrozenT [24]

Answer:

The total gains from trade are <u>4</u> dishes of pasta and <u>4</u> pizzas an hour.

Explanation:

Before specialization, Mia and Mario each produced 4 dishes of pasta and 4 pizzas per hour. After specialization, Mia is able to produce 12 dishes of pasta, and Mario is able to produce 12 pizzas per hour.

After specialization and trade, the total maximum combined output per hour is 12 dishes of pasta and 12 pizzas. Before specialization, the total maximum combined output per hour was 8 dishes of pasta and 8 pizzas. So the net gain of specialization and trade is 4 dishes of pasta and 4 pizzas per hour.

4 0

2 years ago