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Alex17521 [72]
1 year ago
5

Inventory requires considerable investment for most manufacturers, wholesalers, and retailers. This problem is complicated by th

e fact that most goods are manufactured four to nine months before they are actually sold to consumers. Manufacturers that engage in this type of speculative production often need short-term financing to do all of the following except
Business
1 answer:
Bas_tet [7]1 year ago
6 0

Manufacturers that engage in this type of speculative production often need short-term financing to do all of the following except buy equipment.

The term "short-term finance" refers to funding requirements for a brief period, often less than a year. It is often referred to as working capital finance in firms. This kind of financing is typically required because of the inconsistent cash flow into the firm, the seasonal nature of operations, etc.

Small business owners can access the cash they need to pay unexpected bills, bridge cash flow gaps, purchase inventory, or seize business opportunities with the aid of short-term business loans.

To more about Short-term financing here

brainly.com/question/29376363

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14) Which of the following is an attempt by a fim to increase the demand for its product? (3SEMI21
Vlad [161]

Answer:

B. an advertising strategy designed to change consumer tastes and preferences

Explanation:

Increasing the demand for a product refers to the activities of making products desirable to customers. It involves interesting customers with the product or services to influence them to purchase.  

Advertising is a strategy for creating awareness for a product in the market. It entails communicating the benefits of a good or service to potential customers in a manner that persuades them to buy. Advertising creates the demand for a product by influencing customer perceptions and opinions on the commodity or service.

3 0
2 years ago
"Given the following information from Cullumber Corporation, what price would the CAPM predict that the company’s stock will tra
Natasha_Volkova [10]

Answer:

$68.70

Explanation:

Risk free rate: 3.6 %

Market risk premium: 8.6 %

Beta: 0.65

Current stock price: $64.60

Annual dividend: $1.84

The expected rate of return = 3.6% + 0.65*8.6%

The expected rate of return = 0.036 + 0.0559

The expected rate of return =  0.0919

The expected rate of return = 9.19%

Required return = (P1-P0+Dividends)/P0

9.19% =  [(Price + 1.84)/64.60 ] - 1

9.19% + 1 = (Price + 1.84)/64.60

64.60*(0.0919 + 1) = Price + 1.84

70.53674 = Price + 1.84

Price = 70.53674 - 1.84

Price = $68.69674

Price = $68.70

5 0
3 years ago
On January 1, Witt Company has a beginning cash balance of $126,000. During the year, the company expects cash disbursements of
aleksley [76]

Answer:

The company must borrow $144000

Explanation:

The required ending cash balance is the balance that the company should have at the end of the period. The decision to borrow will be taken by comparing the actual ending balance with the required ending balance. If the actual ending balance is less than the required ending balance, only then the company needs to borrow to reach the desired level of ending balance.

The actual ending balance can be calculated as,

Actual Ending balance = Opening Balance + Cash receipts - Cash disbursements

Actual Ending balance = 126000 + 870000 - 1020000

Actual Ending balance = - $24000

Difference = -24000 - 120000 = - $144000

As the ending cash balance is negative ( - $24000) which means that there is a shortage of cash and the company does not have enough cash to meet the disbursements for the period and maintain the required ending cash balance. The negative sign in difference indicates shortage and the need for borrowing. The company should borrow for the amount of difference. Thus, the company should borrow $144000

4 0
3 years ago
Hart Manufacturing makes three products. Each product requires manufacturing operations in three departments: A, B, and C. The l
Serjik [45]

Answer:

Objective function:

Maximize Z: 30P1 + 25P2 + 28P3

Subject to:   2.00P1 + 1.50P2 + 3.00P3 ≤ 450 (Department A constraint)

                    2.50P1  + 2.00P2 + P3       ≤ 350 (Department B constraint)

                    0.25P1  + 0.25P2 + 0.25P3 ≤ 50  (Department C constraint)

                           P1, P2, P3                       ≥  0 (Non-negativity)

Explanation:

The objective function is formulated from the contribution margin of the three products. For instance, the contribution of Product 1 is $30, the contribution of Product 2 is $25 and the contribution of Product 3 is $28. Thus, the objective function will be 30P1 + 25P2 + 28P3.

The constraints were obtained from the departmental labour hours requirements for each product. For instance, Product 1 requires 2 hours in department A, Product 2 requires 1.50 hours in department A and Product 3 requires 3 hours in Department A. Thus, the constraint will be 2.00P1 + 1.50P2 + 3.00P3.

8 0
3 years ago
Weisman, Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats.
Airida [17]

Answer:

Results are below.

Explanation:

<u>To calculate the activities rate, we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Designing= 444,000/13,000= $34.15 per designer hour

Sizing and cutting= 4,210,000 / 169,000= $24.91 per machine hour

Stitching and trimming= 1,490,000 / 75,500= $19.73 per labor hour

Wrapping and packing= 332,000 / 32,000= $10.38 per finished unit

6 0
3 years ago
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