Which two elements of collaborative planning make it effective?

You determined the following information for Big Rapid's Supplies: It has a receivables turnover rate of 23.5 a payables turnove

wlad13 [49]

Answer:

35 days

Explanation:

Receivables turnover rate = 23.5

Payables turnover rate = 12.5

Inventory turnover rate = 19.15

Length of firm's operating cycle :

(Days sales in inventory + average collection period)

Days' sales in inventory = (365 days / inventory turnover ratio)

Days' sales in inventory = (365 / 19.15)

Days's sales in inventory = 18.717 days

Average collection period : (365 / accounts receivable turnover ratio)

Average collection period = (365 / 23.5)

Average collection period = 15.531

(18.717 + 15.531)

= 34.248

= 35 days

4 0

2 years ago

Reggie owns and operates a cheese shop in the village of Somerset. Although Reggie has a degree in mechanical engineering and co

Artyom0805 [142]

Answer:

A. 27,000

B. 77,000

Explanation:

What is Reggie's accounting profit?

REVENUE - EXPENSES AND DEPRECIATION

90000-18000-6000-3000=63000

What is Reggie's economic profit?

REVENUE - EXPENSES AND DEPRECIATION - IMPLICIT COSTS

90000-18000-60000-3000-76000 = -13000

1) accounting profit = TR - explicit cost

= 90,000 - 63,000

= 27,000,

2) economic profit = TR - economic cost

= 90,000-(13,000)

= 77,000

3 0

2 years ago

A tiny South Pacific island country produces large quantities of coconut-based products. To protect this industry, the island go

valentinak56 [21]

Answer:

(a) Import Quota

Explanation:

Option B is wrong because import duty is the tax, which is collected from imported products. It cannot restrict any items or protect the coconut-based products industry.

Option C is incorrect because import tariff allows charging imported products at higher prices to restrict import goods. In that case, the company does not increase the imported goods price.

Option D is incorrect because the company does not get a subsidy from the government.

Therefore, option A is the answer because import quota restricts companies from importing goods and services on a limited basis to protect the local manufacturers.

3 0

2 years ago

According to expectancy theory, the primary elements that determine how willing an employee is to work hard at tasks important t

lesya692 [45]

The expectancy theory is the theory that determines how motivated someone is. This consists of three elements, and for someone to be motivated, all of these should be on the high level. These primary elements include EXPECTANCY, INSTRUMENTALITY, AND VALENCE. Expectancy is believing that a certain level of effort will also result to a certain level of performance. Instrumentality believes that if the performance is successful then the outcome is expected to be what is desired. Valence is what the value the worker provides to an outcome.

3 0

2 years ago

Shunda Corporation wholesales parts to appliance manufacturers. On January 1, Shunda issued $30,000,000 of five-year, 10% bonds

ahrayia [7]

Answer and Explanation:

a. The Journal entry is shown below:-

1. Cash Dr, $32,433,150

To Premium on Bonds Payable $2,433,150

To Bonds Payable $30,000,000

(Being Sale of bonds is recorded)

2. Interest Expense Dr, $1,297,326

($32,433,150 × 4%)

Premium on Bonds Payable Dr, $202,674

To Cash $1,500,000

($30,000,000 × 5%)

(Being First semiannual interest payment, including amortization of premium is recorded)

3. Interest Expense Dr, $1,289,219

($32,433,150 - $202,674) × 4%

Premium on Bonds Payable Dr, $210,781

To Cash $1,500,000

(Being second semiannual interest payment, including amortization of premium is recorded)

($30,000,000 × 5%)

b. Annual interest paid $3,000,000

Less: Premium amortized $364,094

($202,674 + $161,420)

Interest expense for first year $2,635,906

7 0

2 years ago