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2 years ago

If you we’re running a company describe at least two things you would do to improve its productivity

Business

1 answer:

Luba_88 [7]2 years ago

4 0

Answer:

<h3>1. Have standing meeting.</h3><h3>2.Create the ultimate break room.</h3>

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The financial statements for Castile Products, Inc., are given below: Castile Products, Inc. Balance Sheet December 31 Assets Cu

Delicious77 [7]

Answer and Explanation:

The computation is shown below;

Working capital = Current Asset - Current Liabilities

= $569,000 - $280,000

= $289,000

Current ratio = Current Asset ÷ Current Liability

= $569,000 ÷ $280,000

= 2.03

Acid-test (quick) ratio = {(Current Asset - Inventory - prepaid expense) ÷ Current Liabilities }

= {{$569,000- $320,000 - $8,000) ÷ ($280,000)}

= 0.86 times

Debt-Equity ratio = Total Liability ÷ Shareholders' Equity

= $670,000 ÷ $759,000

= 0.88 times

Times interest earned = EBIT ÷ Interest Charges

= ($1,224,000 + $35,100) ÷ ($35,100)

= 35.87 times

Average collection period

= 365 ÷ ($3,010,00 ÷ $215,000)

= 26 days

The $215,000 comes from

= ($210,000 + $220,000) ÷ 2

= $215,000

7. The average sales period is

= 365 ÷ ($1,110,000 ÷ $300,000)

= 99 days

The $300,000 comes from

= ($280,000 + $320,000) ÷ 2

= $300,000

8. The operating cycle is

= 99 days - 26 days

= 73 days

3 0

3 years ago

The main reason a person becomes a supervisor is

grin007 [14]

They need to have work related knowledge.

4 0

4 years ago

suppose you invest $2250 in a CD that earns 3% APR and is compound quarterly. the cd matures in 2 years. how much will this cd b

Oksi-84 [34.3K]

Pn = P0(1+r)∧n

Pnis future value of P0

P0 is original amount invested

r is the rate of interest

n is the number of compounding periods (years, months, etc.)

P(n) = 2250(1+(.03/4)∧8

** since the interest is compounding quarterly, you need to divide the rate by 4, the number of quarters in a year.

Then you would do the math.

8 0

3 years ago

A.C. Tech Manufacturing Appliances manufactures three sizes of kitchen appliances: small, medium, and large. Product information

Colt1911 [192]

Answer:

A.C. Tech Manufacturing Appliances

Product Models to produce first, if management incorporates a short-run profit-maximizing strategy:

Small Medium Large

Selling price $430 $610 $1,210

Variable cost $270 $280 $530

Contribution $160 $330 $680

Fixed Costs:

Fixed manufacturing $40 $170 $270

Fixed selling & admin $70 $75 $140

Unit Profit $50 $85 $270

Demand in units 150 170 150

Total profit $7,500 $14,450 $40,500

Machine hours/unit 60 60 150

Total machine hours required 9,000 10,200 22,500

Unit profit per machine hour $0.83 $1.42 $1.80

If management incorporates a short-run profit maximizing strategy, given maximum machine hours available, it should first produce the large model.

Explanation:

The large model offers better contribution per unit, better profit per unit and in total, and most importantly better profit per unit of hour (major constraint).

In making a limiting factor decision, the choice goes to the product model that produces more profit under the limiting constraint.

5 0

4 years ago

Suppose OPEC oil cartel announces that it will increase production of oil. Using supply and demand analysis to predict the effec

NISA [10]

Answer:

The first step is to show where the supply curve will shift, and in this case, the supply curve will shift to the right.

This is because OPEC has decided to increase oil production, or in other words, it has decided to shift the oil supply to the right. After this, the equilibrium price will probably fall, unless demand also rises proportionally.

8 0

3 years ago