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maks197457 [2]
2 years ago
7

Peter​ Ittig's department​ store, Ittig​ Brothers, is​ Amherst's largest independent clothier. The store receives an average of

6 returns per day. Using z​ = 3​, the control chart limits​ are: The type of control chart that is best to monitor this process is __.
Business
1 answer:
ANTONII [103]2 years ago
3 0

The type of control chart that is best to monitor this process is <u>C-chart</u>.

<u>Explanation</u>:

<em>C-chart helps in determining whether the defects or returns are within the control limits or not. </em>

<u><em>Given</em></u>:

Mean = average = 6 per day

Z=3

UcL = mean + 3[square root of mean]

      = 6 + 3 (Sq root of 6)

UcL = 13.34

LcL= mean - 3[ square foot of mean] = - 1.34

LcL= -1.34

So the returns are within the control limits.

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Effective credit management involves establishing credit standards for extending credit to customers, determining the company’s
arsen [322]

Answer and Explanation:

The company handles the credit accounts including methods of invoicing and collecting past-due accounts, is indicated by the collection policy as it includes the net days given to the customers

Now if the customer pays the cash within eight days after the sale, the amount of cash paid is

= $100,000 × 0.99

= $99,000

And, if payment is made after 15 days so no discount would be given as it is exceeded the prescribed time limit i.e 10 days. So in this case the $100,000 cash is paid

Now the days sales outstanding is

= 0.30 × 10 + 0.70 × 35

= 3 +24.5

= 27.50 days

7 0
2 years ago
Benge Automotive issued a corporate bond with a face value of $1,000, with a 10% annual coupon rate paid semiannually. The bond
AveGali [126]

Answer:

The answer is 8.90%

Explanation:

Solution

Given that:

The bond face value =$1000

Annual coupon rate =10%

Maturity rate =12 years

Price sold at =1080

Now we find the component cost of debt for use

Thus

The debt (cost) = Yield to maturity

So

YTM = Annual interest payment + [(Face value - Present price / Years to maturity] / [0.6(Price of bond) + 0.4 (principal payment)]

= $100 + [($1000 - $1080) / 12] / [0.6 * $1080 + 0.4 * $1000]

= $100 - 6.67 / $1048

= $93.33 / $1048

= 0.0890 or 8.90%

Therefore the debt for use is 8.90%

3 0
2 years ago
Heidi ganahl's life story helps the employees and franchisees of camp bow wow understand _____.
GrogVix [38]

Answer: Culturally consistent decisions

Explanation:

The options are:

a The organizational structure

b The environmental complexity

c Behavioral substitutions

d Culturally consistent decisions

Heidi Ganahl's life story helps the employees and franchisees of Camp Bow Wow understand culturally consistent decisions.

Organizational stories are being told by people in order to recall certain things that has happened in an organization and to also emphasize culturally consistent decisions, assumptions, and actions.

4 0
2 years ago
The In-Tech Co. just paid a dividend of $1 per share. Analysts expect its dividend to grow at 25 percent per year for the next t
djverab [1.8K]

Answer:

Explanation:

D1 = $1(1+0.25) = 1.25

D2 = $1.25(1+0.25) = 1.5625

D3 = $1.5625(1+0.25) = 1.953

D4 = $1.953(1+0.25) = $2.05

Current value = P0 =

= 1.25/(1+0.18) + 1.5625/(1+0.18)^2 + 1.953/(1+0.18)^3 + 2.05/(0.18-0.05) * (1+0.18)^(-3) =

=$12.96

Current value of the stock is 12.96

6 0
2 years ago
One way to prevent relapse is to recognize and use the tools we have to be active. what are some tools you have gained this seme
Cerrena [4.2K]
<span>Maintaining an active lifestyle requires small but manageable changes in daily life. First of all, awareness is key. How many steps do you normally take? What do your work life and home life look like in terms of movement? Once someone knows what a typical day looks like, they can see where they are weak. Small changes can then be made, such as parking the car further from the store or taking walking breaks when sitting at the office desk for hours each day. Finally, an active lifestyle can be social. Being with friends does not have to revolve around food and drink; rather, friends can be enjoyed while playing leisurely sports (i.e., racquetball, tennis) or walking while conversing.</span>
5 0
2 years ago
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