Answer:
The correct answer for you question is $53, 300, 000
Explanation:
I have attached the complete question for you refrence.
Answer : $53,300,000
Explanation:
Equity investment in Safestyle: Amount $'m
Year 2019:
Cash 50
add: Net Income 2019. 3
less: Impairment of Goodwill 2019 -1
Closing Balance 2019. 52
Year 2020:
Opening Balance 2020 52
add: Net Income 2020 1.8
less: Impairment of Goodwill 2020 -0.5
Closing Balance 2020 53.3
Answer:
The firm's receivable turnover is 20 times
Explanation:
The computation is shown below:
Accounts receivable turnover ratio = (Credit sales ÷ average accounts) receivable
where,
Average accounts receivable = (Opening balance of Accounts receivable + ending balance of Accounts receivable) ÷ 2
= ($0 + $50,000) ÷ 2
= $25,000
And, the net credit sale is $500,000
Now put these values to the above formula
So, the answer would be equal to
= ($500,000 ÷ $25,000)
= 20 times
And, the average collection period in days = Total number of days in a year ÷ accounts receivable turnover ratio
= 360 days ÷ 20
= 18 days
Answer:
accounting profit from her first year = $184000
so correct option is D. $184,000
Explanation:
given data
earning = $223,000 per year
generated revenues = $347,000
explicit costs = $163,000
to find out
accounting profit from her first year
solution
we know that accounting profit is the difference between explicit cost and explicit revenue so
we get accounting profit from her first year is as
accounting profit from her first year = generated revenues - explicit costs .................1
put here value we get
accounting profit from her first year = $347000 - $163000
accounting profit from her first year = $184000
so correct option is D. $184,000
Answer:
The answer is True.
Explanation:
The center of gravity method is a concept under <em>Operations Management</em> as it relates to facilities distribution such as warehouses or fulfillment centers.
Center of Gravity Strategy/Method is defined as a concept that seeks to calculate geographic coordinates for a potential single new facility that will minimize costs. Under this approach the main factors considered are:
- Cost of Shipping
- Markets
- Volume of goods shipped
Operations managers prefer to use this approach in siting the location of their facilities because:
- It minimizes cost.
- It is simple to compute
- It takes in to consideration existing facilities
How to use the Center of Gravity Method
Step 1:
- Place existing facility(ies) such warehouse, fulfillment center, and distribution center locations in a coordinate grid.
- situate the grid on an ordinary map.
- The distances between the facilities must be noted.
Step 2:
Then, using the equations below,
Fx= ∑ dix Vi/ ∑ Vi
Fy= ∑ diy Vi/ ∑ Vi
Proceed to calculate the X and Y coordinates using these equations where Fx is the X (horizontal axis) coordinate for the new facility, and
Fy is the Y (vertical axis) coordinate for the new facility, dix is the X coordinate of the current location, diy is the Y coordinate of the existing location, and Vi is the volume of goods moved to or from the <em>i</em>th location.
Step 3:
After you have obtained the X and Y coordinates place that location on the map.
This approach allows for point of departure – or, literally, a starting point of where (from the perspective of longitude and latitude) you options are for where to grow your fulfillment or logistics network.
Cheers!
Answer:
annual rate of interest = 9.01 %
Explanation:
given data
future value = $345,000
present value = $73,000
time period = 18 years
to find out
annual rate of interest
solution
we get here annual rate of interest that is express as
annual rate of interest = 
- 1 ..................................1
put here value and we get annual rate of interest that is
annual rate of interest = 
- 1
annual rate of interest = 9.01 %
