Answer:
200 units
Explanation:
For computing the number of units produced each time we need to applied the economic order quantity formula which is shown below:
where,
Annual demand is 1,600 units
Ordering cost per order is $25
And, the carrying cost or holding cost per unit per year is $2
Now placing these values to the above formula
So, the economic order quantity is
= 200 units
Answer:
(c) 7.5 bars, 2/15 shirts
Explanation:
Opportunity cost is simply defined as the next best alternative.
Opportunity cost also refers to the loss of foregone gain which could have resulted had a non chosen option been selected over the chosen option. For instance, the opportunity cost of storing money at home is the average market rate of interest which would've been earned had the same money been invested.
In the given question, the opportunity cost of a t shirt would be :
= 
= 7.5 protein bars
Similarly, the opportunity cost for a protein bar would be:
= 
= 
Thus, the correct option is (c) 7.5 bars, 2/15 shirts
Answer:
The answer is 2.71 percent
Explanation:
The interest payment is annually.
N(Number of periods) = 12 years
I/Y(Yield to maturity) = ?
PV(present value or market price) = $1,470
PMT( coupon payment) = $73.5 ( [7.35 percent x $1,000)
FV( Future value or par value) = $1,000.
We are using a Financial calculator for this.
N= 12; PV = -1470 ; PMT = 73.5; FV= $1,000; CPT I/Y= 2.71
Therefore, the Yield-to-maturity of the bond annually is 2.71 percent
Answer:
190
$60
Explanation:
Equilibrium price is the price at which quantity demanded equals quantity supplied
Equilibrium quantity is the quantity at which quantity demanded equals quantity supplied
Let x = change in quantity supplied
the following equations can be derived from the question
165 + 5x = total change in quantity supplied
240 - 10x = total change in quantity demanded
At equilibrium, quantity demanded equals quantity supplied. So,
165 + 5x = 240 - 10x
collect like terms and solve for x
15x = 75
x = 5
this means that quantity supplied would have to increase 5 times : 165 + 5(5) = 190
and quantity demanded would have to decrease 5 times : 240 + 10(5) = 190
equilibrium quantity is 190
equilibrium price = $55 + 1(5) = $60
The normal side of account payable is on the credit side which means the supplies, services, or purchases a company bought is on credit terms. This is used as opposed to cash when you can't pay for the purchase yet. So, a debit to accounts payable means there is a payment made to a supplier or vendor.
