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7nadin3 [17]
3 years ago
7

Walker Telecommunications has a quick ratio of 2.00x, $35,550 in cash, $19,750 in accounts receivable, some inventory, total cur

rent assets of $79,000, and total current liabilities of $27,650. The company reported annual sales of $200,000 in the most recent annual report.
Over the past year, how often did Walker Telecommunications sell and replace its inventory?

a) 9.28x b) 8.01x c) 8.44x d) 2.86x
Business
1 answer:
laiz [17]3 years ago
3 0

Answer:

c) 8.44x

Explanation:

Total current assets = cash + account receivable + inventory

⇔ $79,000 = $35,550 + $19,750 + Inventory

⇒ Inventory = $79,000 - $35,550 - $19,750 = $23,700

The inventory circles based on annual sales = Sales/ inventory = $200,000/ $23,700 = 8.44

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Answer: break-even

Explanation:

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Answer:

Rally must sell 1,080 units of Standard and 720 units of Deluxe

Explanation:

                                                  Standard       Deluxe        Total

Sales price per unit                      $45                $65

Less: Variable cost                      ($35)              ($45)

Contribution Margin per  unit       $10                $20

Sales Mix units  (A)                        $3                  $2                $5

Contribution margin                      $30                $40             $70

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per unit C= B/A

Appointment of fixed cost between standard and deluxe

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Break even point = Fixed cost / Weighted average Contribution  per unit

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Apportionment of Break even point sales between Standard and deluxe in sales mix ratio (3:2)

Standard = 1,050 * 3/5 = 630

Deluxe = 1,050 * 2/3 = 420

Unit to be sold to get desired profit = Fixed cost + Desired profit / Weighted average Contribution per unit

= (14,700 + 10,500) / 14

= 1,800

Apportionment of Units to be sold to get desired profit between Standard and Deluxe in sales mix ratio (3:2)

Standard = 1,800 * 3/5 = 1,080

Deluxe = 1,800 * 2/5 = 720

To reach target operating income, Rally must sell 1,080 units of Standard and 720 units of Deluxe

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Luke is the type of leader that concentrates on relationships as he leads and not just tasks. According to fiedler’s contingency
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Luke is the type of leader that concentrates on relationships as he leads and not just tasks. Luke is an LPC type of leader.

Option A high - LPC leader.

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Essentially:

You're a relationship-oriented leader if you have a high LPC rating.

You're a task-oriented leader if you have a low LPC.

Building relationships, creating team cohesion, and managing interpersonal conflict are all skills that relationship-oriented leaders excel at. Task-oriented leaders are good at coordinating projects and teams to get things done quickly and efficiently.

Disclaimer: The question was incomplete. Please find the full content below.

Question: Luke is the type of leader that concentrates on relationships as he leads and not just tasks. According to Fiedler’s Contingency Model, Luke is what type of leader?

A) A moderate-LPC leader

B) An adequate-LPC leader

C) A high-LPC leader

D) A low-LPC leader

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