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kicyunya [14]
2 years ago
5

Which of the following activities is not a component of the operating cycle?A)Sale of merchandiseB)Payment of employees' salarie

sC)Collection of cash from merchandise salesD)Purchase of merchandise
Business
1 answer:
Sloan [31]2 years ago
8 0

Answer:

B)Payment of employees' salaries

Explanation:

Operating cycle: The operating cycle is that cycle in which the firm makes the collection of cash with respect to the sales and make the payment with respect to the purchase of the inventory

The cycle start from days of inventory outstanding, days of sales outstanding, and days of payable outstanding

In mathematically,  

Operating cycle = days of inventory outstanding + days of sales outstanding - days of payable outstanding

Thus, option B is correct.

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Suppose that the demand equation for Bobby Dolls is given by q = 216 – p2, where p is the price per doll in dollars and q is the
NikAS [45]

Answer:

P.Ed at p = 5 :- 0.26

Revenue maximising price = 8.5 ; Maximum Total Revenue = 1222

Explanation:

Price Elasticity of Demand shows responsive change in demand, due to change in price.  P.Ed = ( dq / dp ) x ( p / q )

q = 216 - p^2

dq / dp = - 2p  

P.Ed = dq / dp x ( p / q )  

So, PEd = ( -2p ) x ( p / q )

[ (- 2p) (p) ] / [ 216 - p^2 ]

(- 2p^2 ) / ( 216 - p^2 )

Putting value of P = 5 in P.Ed

<u>- 2(25) </u>

216 - 25

= - 50 / 191

P.Ed = 0.26

Revenue is the total value of receipts from sale of goods & services. TR = p x q

q = 216 - p^2

TR = 216p - p^3

To find price maximising TR , we will derivate TR function with respect to 'p'  

d TR / d p = 216 - 3p^2  

d TR / d p = 216 - 3p^2   = 0

3p^2 = 216

p^2 = 216 / 3

p^2 = 72

p = √ 72

p = 8.5

Finding maximum revenue ; Putting price = 8.5 in TR function

TR = 216p - p^3

216 (8.5) - (8.5)^3

1836 - 614

1222

7 0
2 years ago
Warp Manufacturing Corporation uses a standard cost system to collect costs related to the production of its ski lift chairs. Wa
Flura [38]

Answer:

A. $37,400 unfavorable

Explanation:

With regards to the above, variable overhead spending variance is computed as

= (Actual hours × Actual rate) - (Actual hours × standard rate)

= $649,400 - ( 34,000 × $18)

= $649,400 - $612,000

= $37,400 unfavorable

Therefore, Warp's variable overhead spending variance for the month of September is $37,400 unfavorable

7 0
1 year ago
Margie received her store order on 12 3 16 at 4:00 a.M. She just opened one of the fountain bibs today 12 7 16 at 12:00 p.M. The
Kruka [31]

Answer and Explanation:

The correct way for putting this on expiration paper is as follows

Expiration date: 1/17/2017

Exp time: 4:00 AM

Preparation date: 12/3/2016

Preparation time: 4:00 AM

The above represents the correct way i.e to be putted on an expiration paper

Therefore we applied the given information to arrive at an answer

6 0
3 years ago
Healthy Foods just paid its annual dividend of $1.62 a share. The firm recently announced that all future dividends will be incr
Irina18 [472]

Answer:

Option (d) is correct.

Explanation:

P0 = D1 ÷ (ke - g)

Where,

P0 is the price = ?

Currently dividend paid, D0 = $1.62 a share

ke is the required return = 15.70%

g is the growth rate = 2.10%

D1 is the dividend at end of year:

= D0 × (1 + g)

= $1.62 × (1 + 0.021)

= $1.62 × 1.021

= $1.65402

Therefore,

P0 = 1.65402 ÷ (15.7% - 2.1%)

     = 1.65402 ÷ (13.6%)

     = $12.16

Therefore, the price of one share of this stock is $12.16

4 0
2 years ago
Lindsay is training two new sales representatives, Lance and Ayden, to use the revised client-tracking database, which has been
Ira Lisetskai [31]

Answer:

The correct answers are lettera "A", "B" and "D": Be sure that Lance and Ayden know how to connect to Lindsay’s desktop; Frequently ask Lance and Ayden if what she is saying makes sense; Expect to review meeting content due to the limitations of virtual technology.

Explanation:

Thanks to technology, training can be given through online platforms that connect individuals even if they are in different parts of the world. Just like in Linday's case. For her training to be successful, <em>Lance and Ayden must interact with Lindsay so she must make sure both of them are connected properly to her desktop.  </em>

<em>After trying the features of the update, Lindsay must make sure both of them are learning and understand what they are doing so asking them if the information provided make sense can help for such a purpose. At the end of the session, Linday has to summarize the content review during the meeting so Lance and Ayden quickly verify what they learned.</em>

7 0
2 years ago
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