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raketka [301]
2 years ago
13

Ruiz Co. provides the following sales forecast for the next four months. April May June July Sales (units) 500 580 540 620 The c

ompany wants to end each month with ending finished goods inventory equal to 25% of next month’s forecasted sales. Finished goods inventory on April 1 is 190 units. Prepare a production budget for the months of April, May, and June.
Business
1 answer:
nexus9112 [7]2 years ago
4 0

Answer:

Instructions are below.

Explanation:

Giving the following information:

Sales:

April= 500

May= 580

June= 540

July= 620

Finished goods inventory on April 1 is 190 units

Desired ending inventory= 25% next month sales.

To calculate the production for each month, we need to use the following formula:

Production= sales + desired ending inventory - beginning inventory

April:

Sales= 500

Desire ending inventory= (580*0.25)= 145

Beginning inventory= (190)

Total production= 455 units

May:

Sales= 580

Desire ending inventory= (540*0.25)= 135

Beginning inventory= (145)

Total production= 570 units

June:

Sales= 540

Desire ending inventory= (620*0.25)= 155

Beginning inventory= (135)

Total production= 560 units

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During 2019, its second year in operation, Sanborn Company delivered goods to customers equal to $6,250,000. The amount of cash
Alex Ar [27]

Answer:

Accounts receivable to be reported at the end of 2019 = $1090000

Explanation:

Assuming that all sales are made on credit.

The opening accounts receivable were = $ 1200000

We add the credit sales made during the year to the opening balance of accounts receivable to reach at total accounts receivable.

Total accounts receivable = 1200000 + 6250000 = 7450000

We deduct the amount received from customers against these sales to reach at the closing balance for accounts receivables.

Closing balance Accounts receivables 2019 = 7450000 - 6360000 = $1090000

6 0
2 years ago
15 pts-- multiple choice!
kodGreya [7K]
I’m pretty sure the answer is the 3rd one
3 0
1 year ago
Read 2 more answers
Which of the following, if true, would strengthen the argument to use coercive techniques in this situation?A) The company is on
irinina [24]

Answer:

The correct answer is: the A option

If the company is on a tight deadline to complete a major project for an important client

Explanation:

If the company finds itself in difficult times due to work issues, then this weakens the argument for using coercive techniques.  

Now, if the company has the luxury of hiring temporary workers to take care of the backlog and finish it on time, then this could further weaken the need for coercion.  

If there is a highly skilled workforce, then the use of coercion can result in a reaction from employees. If employees are demotivated by the rigorous work culture, then the use of coercive techniques would only demoralize them further.

7 0
2 years ago
Based on what you learned so far, what options can you think of to deal with the stray animal problem in Townsville?
cestrela7 [59]

Answer:

As mentioned in the question, the answers are:

1. Build an animal shelter

2. Begin a trap, neuter, release program.

Explanation:

1. Build an animal shelter

This is a great solution to deal with the problem of stray animals because of several reasons:

a) With fewer animals roaming about in the streets, there will be fewer instances of animal feces lying on the street, which is both unpleasant and unhygienic.

b) Lowered risk of animals catching infectious diseases and spreading them

c) Fewer automobile accidents caused by vehicles hitting stray animals on roads

d) When kept in animal shelters, these animals, particularly domestic ones, can be adopted.

2. Begin a trap, neuter, release program.

This another effective solution to deal with the problem of stray animals, because when animals are neutered and released back on the streets, they will no longer be able to reproductive and give birth to offspring, which would only multiply the number of stray  animals, and issues associated with.

Out of the two solutions, the first one, while more time consuming and expensive is most optimal to deal with the problem of stray animals.

6 0
2 years ago
Tropical Fruit Extracts expects its earnings before interest and taxes to be $218,000 a year forever. Currently, the firm has no
katen-ka-za [31]

Answer:

The unlevered value of the firm is $869325.15

Explanation:

For computing the value of unlevered firm, the following formula should be used which is shown below:

Value of levered firm = Earning before interest and taxes × (1 - tax rate) ÷ cost of equity

where,

Earnings before income and taxes are $218,000

Cost of equity is 16.3%

And, the tax rate is 35%

Now put these values on the above formula

So, the value would be equals to

= $218,000 × (1 - 0.35) ÷ 16.3%

= $141,700 ÷ 16.3%

= $869325.15

The other terms like bonds and the annual coupon should not be considered in the computation part because we have to calculate for unlevered firm which only includes equity and the bond is a debt security. Thus, it is irrelevant.

Hence,  the unlevered value of the firm is $869325.15

3 0
2 years ago
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