Answer:
Option (a) is correct.
Explanation:
Given that,
Sales = $700,000
Beginning total assets = $240,000
Ending total assets = $280,000
The asset turnover ratio refers to the ratio of sales to the average total assets.
Average total assets:
= (Beginning total assets + Ending total assets) ÷ 2
= ($240,000 + $280,000) ÷ 2
= $260,000
Therefore, the asset turnover ratio is as follows:
= Sales ÷ Average total assets
= $700,000 ÷ $260,000
= 2.69
Answer:
Annual deposit= $21,568.87
Explanation:
Giving the following information:
You have just turned 30 years old. Every dollar in the plan earns 9 % per year. You cannot make withdrawals until you retire on your 60th birthday.
You will need $ 98,000 per year starting at the end of the first year of retirement and ending on your one-hundredth birthday.
First, we need to calculate the total amount needed at age 60.
Final value= 30years*98,000= $2,940,000
To calculate the annual deposit we need the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (2,940,000*0.09)/[(1.09^30)-1]= $21,568.87
It will result in an increase in average inventory as larger batches require more time to be completed.
<h3>What is Operations Management?</h3>
Operations management (OM) is the management of business practices within an institution to achieve the highest level of efficiency possible. It is involved with converting materials and labor as efficiently as feasible into goods and services in order to maximize an institution's profit.
<h3>What are the 3 types of operations management?</h3>
- Product design and product.
- Planning and managing of manufacturing facilities.
- Purchasing/procurement.
- Forecasting.
- Capability planning.
- Inventory control.
- Quality control.
- Delivery to clients.
To learn more about Operations management, refer
brainly.com/question/1382997
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Answer:
Explanation:
As the complete question is not given thus the complete question is found online and is attached herewith.
As per the complete question, the goals of the two foundations are required which are as follows:
American Federation of Labor:
American Federation of Labor made efforts for
- <em>Cooperation among corporate and political leaders to achieve goals of the working community</em>
- <em>Settlement of hundreds of industrial disputes </em>
- <em>Encouraged improvements in safety environment at the factory </em>
- <em> Establishment of pensions for long-term workers</em>
Industrial Workers of the World
Industrial Workers of the World advocated and worked for:
- The one big union
- The rejection of capitalism
- The inclusion of unskilled and foreign born workers.
