The answer is C it should be cooked at least 145
Answer: Survey
Explanation:
In discipline such as the applied statistics, survey methodology is referred to as the process under which one studies sampling of an individual unit from the population and thus associated techniques or methods of the survey data collection, i.e. questionnaire construction. The survey methodology tends to include the instruments or the procedures which ask one or few more questions which may be answered.
Answer:
The accounts receivable turnover is computed by dividing <u>net sales by average net receivables.</u>
Explanation:
The accounts receivable turnover is used to quantify a company's effectiveness in collecting its receivables from its clients.
Accounts Receivable Turnover = Net Credit Sales / Average Accounts Receivable
A high receivables turnover ratio can indicate that a company’s collection of accounts receivable is efficient and a low receivables turnover ratio might be due to a company having a poor collection process.
Answer:
Instructions are listed below
Explanation:
Giving the following information:
The son will enter college 10 years from now. An annual amount of $40,000 in constant dollars will be required to support the son's college expenses for four years.
The future general inflation rate is estimated to be 6% per year, and the market interest rate on the savings account will average 8% compounded annually
A) We need to find the present value for each 40,000-year expense.
Formula= FV/(1+i)^n
1: PV= 40,000/(1.06)^10= 22,335.80
2: PV= 40,000/(1.06)^11= 21,071.50
3: PV= 19,878.77
4: PV= 18,753.56
B) Total final value= 160,000
PV= 160,000/1.06^10= $89,343.16
C) We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (160,000*0.06)/[(1.06^10)-1]= $12,138
Answer:
Explanation:
1. Jasper Company
Income Statement
Sales (280000 x $12) $3360000
<u>Less: Cost of goods sold</u>
Add: Direct Material $180000
Add: Direct Labor $505000
Add: Manufacturing Overhead <u>$110000</u>
Cost of goods sold <u>($795000)</u>
Gross Profit $ 2565000
<u>Less: Expenses</u>
Selling expense $437000
Administrative expense <u>$854000</u>
Total expenses <u>($1291000)</u>
Net income <u> $1274000</u>
Percentage of sales for each line item
Sales = 100%
Cost of goods sold: x 100= 23.7%
Selling expense : x 100 = 13%
Administrative expense: x 100 = 25.4 %
2. According to the income statement in requirement 1, the manager can control cost by outsourcing the product if it is cheaper to get it from a third party in order to cut/control cost of goods sold.
Manager can also try controlling the administrative expenses as they are taking a bigger proportion than any other cost/ expense.