A manufacturing process requires small amounts of glue in production process is classified as indirect material.
<h3>What is indirect material?</h3>
Indirect materials are those materials that are not readily traceable or identified with a job.
It is to be noted that indirect materials forms part of production processes whereas are not included in final product.
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I believe the answer is:B. Top-down approach: give money and loans to businesses so they can create jobs.
Hoover believe that providing the businesses with financial incentive would give more room at their disposal to create jobs. In the long run, this would reduce the amount of unemployment and increase citizen's average disposable income. The situation also tend to attract many investments from foreign countries.
Answer: Proposal C
Explanation:
The way to solve this is to calculate the Present Values of all these payments. The smallest present value is the best.
Proposal A.
Periodic payment of $2,000 makes this an annuity.
Present value of Annuity = Annuity * ( 1 - ( 1 + r ) ^ -n)/r
= 2,000 * (1 - (1 + 0.5%)⁻⁶⁰) / 0.5%
= $103,451.12
Proposal B
Present value = Down payment + present value of annuity
= 10,000 + [2,200 * ( 1 - ( 1 + 0.5%)⁻⁴⁸) / 0.5%]
= 10,000 + 93,676.70
= $103,676.70
Proposal C
Present value = Present value of annuity + Present value of future payment
= [500 * (1 - (1 + 0.5%)⁻³⁶) / 0.5%] + [116,000 / (1 + 0.5%)⁶⁰]
= 16,435.51 + 85,999.17
= $102,434.68
<em>Proposal C has the lowest present value and so is best. </em>
Strategic planning is conducted at the highest levels of management and deals with products, capital, research, and the long- and short-term goals of a company.
A corporation, abbreviated as co., is a legal entity representing an association of persons, whether entity, legal or a mixture of the two, with a particular objective. The members of the company share a common goal and together achieve the stated specific goals.
A society may be established as an agency that gives society limited liability when its members perform or fail to perform their obligations under a publicly disclosed constitution or policy. to be announced. When a business closes, it may need to be liquidated to avoid other legal obligations.
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Procter & Gamble is a multinational corporation that manufactures and markets many household products is our goal is to use every opportunity we have no matter how small to set change in motion. To be a force for good and a force for growth. Compute Procter & Gamble's receivable turnover ratio and its inventory turnover ratio.
Ans.1a Account receivables turnover ratio = Net credit sales / Average trade receivables
74756 / 6447
11.60 times
*Net credit sales = Total sales * 90%
83062 * 90%
74756
*Average receivables = (Beginning receivables + Ending receivables / 2
(6508 + 6386) / 2
6447
Ans.1b Inventory turnover ratio = Cost of goods sold / Average inventory
42362 / 6834
6.20 times
Cost of goods sold = Total sales - Gross profit
83062 - (83062 * 49%)
42362
*Average inventory = (Beginning inventory + Ending inventory) / 2
(6909 + 6759) / 2
6834
Ans.2a Days' sales in accounts receivables = No. of days in year / Receivables turnover ratio
365 / 11.60
31.47 days
Ans.2b Days' sales in inventory = No. of days in year / Inventory turnover ratio
365 / 6.20
58.87 days
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