Answer:
- 4.12%
- 46.15%
Explanation:
1. The Return on Assets can be calculated by;
Return on assets = Profit margin * Assets turnover
So,
Profit Margin = Return on Assets/ Assets Turnover
= 7%/1.7
= 4.12%
2. The amount of debt in the company is the capital less equity and the Percent of Equity in the company is;
= Return on Assets / Return on Equity
= 7% / 13%
= 53.85%
Debt - to - Capital = 1 - 53.85%
= 46.15%
Answer:
A. Continuous review system
B. Order quantity = 2,049 Books
C. Reorder point=987
Explanation:
a. In order To manage inventory, the company is using what is called Continuous review system
b. Calculation to find the order quality
Using this formula
Order quantity = √((2DS)/H)
Let plug in the morning
Order quantity=√ ((2 x 49,404 x 17)/0.40)
Order quantity = 2,049 Books
(138*358=49,404)
C. Calculation for reorder point
First step is to find the σL
73 % S.L. - z = 0.613
Using this formula to find the σL
σL = (Lσ^2)
Let plug in the formula
σL=√(7(13)^2)
σL= 34.39
Second step is to find the Reorder point using this formula
R = d bar(L) + zσL
Let plug in the formula
Reorder point = (138)(7) + 0.613(34.39)
Reorder point = 966+21
Reorder point=987
Answer:
3
Explanation:
Given that a system is formed when the three types of components are sold together, the different systems the electronics firm can offer will be limited to the least number available from any of the components that make up a system.
As such, given that the electronics firm sells four models of stereo receivers, three amplifiers, and six speaker brands. The least number of a component of the system available is 3, being the number of amplifiers.
Therefore, the firm can only sell 3 different systems.
Answer:
c. Minimum "price" that is above equilibrium price
Explanation:
if the minimum wages is below equilibrium then it will be ineffective as there wasn't any agent willing to trade his labor at this rate.
The minimum wages must be placed above equilibrium to be effective. This will force both, laborers who were willing to work for less and employees whose intention were to pay less than minimum to trade at minimum wage.
Answer:
$6,500
Explanation:
Capit gain on sales = sales of interest by Yong -basis of Yong in the LLC interest
Sales of interest by Yong $17,500
Less Basis of Yong in the LLC interest $11,000
Gain $6,500
Therefore Yong will tend to recognize a gain of $6,500 because he makes a sale of $17,500 in which his basis in the LLC interest was $11,000 making him to have a capital gain of $6,500