Answer:
D. Inventory levels are determined as the trade-off between losing the margin on additional sales and the costs of excess inventory.
Explanation:
Option B is wrong because net working capital = current assets - current liabilities, and inventory is a current asset.
Options A and C may or may not be true depending on the company's costs. Holding costs include storage costs, insurance, damaged goods or even spoilage. Depending on the industry, e.g. dairy products, they might be larger than financing costs. But for other industries, e.g. microchips, holding costs are probably much lower than financing costs (a lot of small but expensive goods).
Answer:
Risks of the project include
disruption in the highway during renovation process. - High risk
Poor material used in the construction - High risk
Rainfall may delay the work process. - Medium risk
Traffic flow management will be difficult during peak hours. - Medium risk
Dust and noise during the construction will disturb the society. - Low risk
Explanation:
The risk register includes Risk description, its impact in terms of probability and measures to mitigate such risk. There are many potential risks that are associated with the construction of the bus shelter. The risks are not acceptable as the highway disruption should be kept to minimum and any delay in the work is not tolerable. These risks are reduced by deploying extra labors so that the renovation work is completed on time.
Answer:
29.69%
Explanation:
Franklin corporation just paid taxes of $152,000
The taxable income is $512,000
Therefore, the average tax rate can be calculated as follows.
= Amount of taxes paid/amount of taxable income
= $152,000/$512,000
= 0.2969×100
= 29.69%
Hence the average tax rate for Franklin's corporation is 29.69%
Answer: C
Explanation:
Who will get the goods and services produced? (Economic questions: what, how, and for whom?)