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nirvana33 [79]
3 years ago
12

Polk Software Inc. has a quick ratio of 2.00x, $32,850 in cash, $18,250 in accounts receivable, some inventory, total current as

sets of $73,000, and total current liabilities of $25,550. The company reported annual sales of $100,000 in the most recent annual report.
Business
1 answer:
Rasek [7]3 years ago
7 0

Answer:

4.57x

Explanation:

<u>Completion of the question</u>

Over the past year, how often did Polk Software Inc, sell and replace its inventory?

First, we need to calculate Polk Software's Inventory rom its Total Current Asset

= Total Current Asset s= $73,000

Cash- $32,850

Accounts Receivable= $18,250

Total Current Assets= Cash + Accounts Receivable + Inventory

= $73,000= $32,850 + $18,250 + Inventory

Inventory = $73,000-$32,850-$18,250

Inventory= $21,900

Secondly, calculate inventory turnover

Inventory turnover= Annual Sales / Inventory

= $100,000/$21,900

= 4.57x

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A company estimates that the revenue (in dollars) from the sale of x doghouses is given by R(x)=14,000ln(0.01x+1). Use the diffe
melamori03 [73]

Answer: The change in revenue for the sale of 1 more doghouse $ 66.67 dollars

Explanation: Differential is a function that can be used to approximate function value with a great degree of accuracy. This is done by the following.

Mathematical definition of derivative: f'(x) = lim f(x+Δx) - f(x)/Δx.

If Δx is very small:

f'(x) . Δx ≅ f(x+Δx) - f(x)

Knowing that Δy ≅ f(x+Δx) - f(x) and the diferential of variable x can be written by dx as the variable y can be dy:

dy = f'(x) dx

which means that the differential dy is approximately equal to the change Δy, if Δx is very small.

For the question, R(x) = y(x) = 14,000ln(0.01x+1)

f'(x) = \frac{d[14,000.ln(0.01x+1)]}{dx}

Using the chain rule, the derivative will be:

f'(x) = 14,000.\frac{0.01}{0.01x+1}

dy = 14,000.\frac{0.01}{0.01x+1}.dx

dx is the change in x. For the question, the change is 1 (1 more doghouse) and x is 110:

dy = 14,000\frac{0.01}{0.01.110+1}.1

dy = \frac{140}{2.1}

dy = 66.67

The change in revenue is $66.67 dollars.

5 0
3 years ago
A 10 year 7% municipal bond, quoted on a 5.00 basis, is priced at 104. A 10 year 6% municipal bond, quoted on a 5.00 basis, is p
goldfiish [28.3K]

Answer:

D. 102.2

Explanation:

Using a simultaneous equation

Since the year is constant

We will use the the basis and municipal bond as our variables

So equation 1 = 7x+5y=104

Eqn ii= 6x + 5y= 101

Using eliminating method

X=3

Substitute for x in equation 1 to get the value of y

7(3) + 5y=104

5y=104-21

Y=16.6

To get the price for the percent of 6.40 at 5% basis substitute for the value of X and Y respectively in the both equation

6.4x+5y=?

6.4(3) + 5(16.6)=

19.2+83=102.2

3 0
3 years ago
A mystic claims that he can perceive that a bank is in the process of being robbed. this ability is known as _____.
trasher [3.6K]
This ability is known as claircognizance or clear knowing. This is said to be one of four basic intuitive senses. People who exhibit this ability seem to just know things with no explanation as to how they came by the knowledge. A person with this ability can get information about a person object or place. They often explain the event as just flashing to their minds. 
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3 years ago
Ted can wax a car in 20 minutes or wash a car in 60 minutes. Tom can wax a car in 15 minutes or wash a car in 30 minutes. What i
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Answer:

0.33

0.5

Ted

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Tom's opportunity cost = 15 / 30 = 0.5

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Thus, ted has an opportunity cost in washing cars.

I hope my answer helps you

4 0
3 years ago
NEED HELP ASAP!!!!!!!!!
dybincka [34]

Hey there! Great question!

Your answer is 2.) PAY-PER-CLICK which is a business model in which developers are paid by the number of times a visitor clicks on a certain portion of a website.

Hope this helped!

8 0
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