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1 year ago

On average most companies aim for? Inventory turns per year.

Business

1 answer:

xz_007 [3.2K]1 year ago

7 0

Answer:

Most companies aim for a turnover ratio between six and 12, according to BusinessKnowHow. Turning inventory too many times means a company misses out on potential sales because it does not keep enough product in stock

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Describe a company that has gotten publicity from the news media. Why did the company get publicity? Was it positive or negative

Dmitrij [34]

Samsung, for having lithium ion batteries in their new phones the samsung galaxy 7, negative because they were burning up and hurting people.

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1 year ago

Read 2 more answers

Tom and cindy lewis are buying a house with a $300,000 sales price and their ltv will be 80%. assume that they paid no originati

dlinn [17]

Answer: Tom and Cindy paid 1.5 discount points.

House Value = $300,000.

Loan-to-Value Ratio (LTV) = 80%

Since LTV is 80%, the total loan (mortgage) value is :

$Mortgage Value = House Value * LTV$

$Mortgage Value = $240,000 (300,000*0.80)$

In the real estate context, a point refers to one percent (1%) of the mortgage amount. There is no rule that these points should be in whole numbers.

We can find the number of points paid as follows:

$No. of points paid = (Value of points in dollars /Value of mortgage) *100$

$No. of points paid = (\frac{3600}{240000} )* 100 [/tex][tex] No. of points paid = 1.5 points.$

There are two types of points:

Discount Points: are actually pre-paid interest on the mortgage loan, and help in lowering the interest rate on the mortgage.
Origination points : help in covering the costs incurred by the lender in processing the loan.

7 0

2 years ago

Highfill Corporation's variable overhead is applied on the basis of direct labor-hours. The standard cost card for product D80D

Vesnalui [34]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Standard direct labor hour per unit= 6.5 hours

Standard variable overhead= $6.8 per direct labor hour.

Actual production= 1,300 units

Actual direct labor hours= 8,500 hours

Actual variable overhead= $60,290

A) To calculate the variable overhead rate variance, we need to use the following formula:

Manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity

Actual rate= 60,290/8,500 hours= $7.093

Manufacturing overhead rate variance= (6.8 - 7.093)*8,500= $2,490.5 unfavorable

B) To calculate the variable overhead efficiency variance, we need to use the following formula:

variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Standard quantity= 1,300*6.5= 8,450 hours

variable overhead efficiency variance= (8,450 - 8,500)*6.8= $340 unfavorable

3 0

2 years ago

Absolute v. comparative advantage activity this chart shows how many units of tractors and cotton workers can produce in the uni

goldenfox [79]

Answer: a). Spain

b). none

c). 2.4

Explanation: a). Absolute advantage occurs when a country produces more of a good than the other country. In this case, Spain produces 50 units of Tractors while, Bolivia produces only 30 units of Tractors. Thus, Since Spain is producing more it has an absolute advantage in Tractors.

b). Both the countries are producing equal units of Cotton. Thus, we can say that none of them has an absolute advantage in cotton production.

c. Opportunity cost is the cost of the lost alternative. When Spain produces Tractors it is sacrificing production of Cotton. So, opportunity cost on 1 unit of Tractor will be,

$Opportunity cost = \frac{120}{50} =2.4$