The project scope statement should reference supporting documents, such as product specifications that will affect what products
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The complete question is as follows:
Which one of these actions will increase the operating cycle? Assume all else held constant.
A. Increasing the payables period.
B. Decreasing the average inventory level.
C. Increasing the inventory turnover rate.
D. Decreasing the receivables turnover rate.
E Decreasing the payables period.
Answer : Which one of these actions will increase the operating cycle? Assume all else held constant.
A. Increasing the payables period.
B. Decreasing the average inventory level.
C. Increasing the inventory turnover rate.
D. Decreasing the receivables turnover rate.
E Decreasing the payables period.
Answer : D. Decreasing the receivables turnover rate.
We can calculate the operating cycle with the following formula :
Operating cycle = Days' sales of Inventory + Day Sales outstanding
In the formula above, (Net credit Sales /Average accounts receivable) is known as the accounts turnover rate. A decrease in rate means that a company is taking more time to collect its receivables from its customers than ever before. This, in turn will result in an increase in day sales outstanding and hence, increase the operating cycle.
Answer:
1. The average net pay per month increase is $49.
2. The average net pay increase per month is 2.3%.
This question asks us to compare the pay increase to inflation rate.
In order to make this comparison, we need to first determine the average monthly pay increase in dollars.
We calculate that by:
Next we determine the rate at which the monthly average increased.
We use the following formula to calculate this:
Percentage increase in net pay per month is 2.3%.
We then compare the increase in pay per month to the inflation rate.
If the increase is pay is equal to or greater than the inflation rate, the pay is keeping pace with the cost of living. If the pay rise is less than the inflation rate, the pay is not keeping pace with the cost of living.