Answer:
purchases = 160000
Explanation:
given data
beginning inventory = $140,000
amount of inventory on hand = $80,000
net sales = $400,000
gross profit rate = 40%
solution
we first Computation of cost of goods sold hat is
Gross profit rate =
× 100
=
= =
= 100 Gross profit = 16000000
so
Gross profit = 160000
and
Cost of goods sold is = sales - gross profit
so
Cost of goods sold = 400000 - 160000
Cost of goods sold = 240000
and
Cost of goods sold = opening inventory + purchases - closing inventory
so put here value
240000 = 140000 + purchases - 60000
so purchases = 160000
Answer:c. Assume an additional 80 units of inventory will be required as safety stock. What will the new average inventory be? What will the new total carrying cost be?
Explanation:
The repeating economic changes that happen in a society over time are known as business cycles.
Business cycles are one sort of fluctuation that can be seen in a country's overall economic activity, a pattern of booms that occur roughly at the same time in various economic activities, followed by contractions that are equally widespread.
The repeating economic changes that happen in a society over time are known as business cycles. It can be recognized by changes in the GDP and other macroeconomic indicators.
Business cycles are made up of coordinated cyclical upswings and downswings in output, employment, income, and sales, which are four broad indices of economic activity.
Expansions and contractions, commonly known as recessions, are the two contrasting phases of the business cycle.
To learn more about business cycle link is here
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Answer:
- False
- True
Explanation:
1. Social security benefits are increased each year in proportion to an increase in CPI which measures inflation. This CPI is based on a market basket that most people use. If the social security benefits that the elderly get rises as the price of the basket rises then Social Security would not provide a decrease in their standard of living but would rather leave it unchanged so this answer is <u>FALSE.</u>
2. If Healthcare is said to be rising faster than inflation and elderly people consume more health care then that means that Social security benefits which are based on a inflation are not capturing the rise in living expenses for the elderly appropriately. This means that old people might be worse off. This is therefore <u>TRUE. </u>
Answer:
(a) 208.33 J/s
(b) 141.12 s
Explanation:
(a) Energy is the rate of doing work.
Work is the product of power and time
Work = Power × Time
Power = Work/time
where work is in joule and time is in seconds
Given that work = 6 × 
Time = 8 h = 8 × 60 × 60
= 28800 seconds
Average useful power = 
= 208.33 J/s
(b) Given
mass = 2000kg , using g = 9.8 m/s2
Force = 2000 × 9.8
= 19600N
Work = Force × Distance ( considering that Work done to lift his body can be omitted because it is not considered useful output here)
Work = 19600 × 1.5
= 29,400J
Time taken = Work/Power
= 
= 141.12s
≈ 2 Minutes 21 Seconds
At the rate of 208.33J/s, it will take the person 141.12 seconds to lift 2000 kg of bricks 1.50 m to a platform.