Which investment has the least liquidity?<br> property<br> stocks<br> a savings account<br> a 401k

Which of the following is TRUE regarding the economic order quantity (EOQ) model? A. Demand rate is dependent on order quantity.

Oduvanchick [21]

Answer:

D. Holding cost per unit per year is dependent on the selling price per unit.

Explanation:

The formulas are shown below:

Economic order quantity:

= $\sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}$

The number of orders would be equal to

= Annual demand ÷ economic order quantity

The average inventory would equal to

= Economic order quantity ÷ 2

The total cost of ordering cost and carrying cost equals to

Ordering cost = Number of orders × ordering cost per order

Carrying cost = average inventory × carrying cost per unit

If in the question, the carrying cost is given in the percentage than the per unit cost is come after multiplying it with the selling price per unit

5 0

3 years ago

James has a marginal tax rate of 24%. He suddenly realizes that he neglected to include a $7,000 tax deduction. How will this ov

Alex17521 [72]

Answer:

hmhgdmthde

Explanation:

7 0

3 years ago

lakkis [162]

Answer:

Journal entries

Explanation:

a. Cash $25,000

To Sales $25,000

(Being the sale is recorded)

Costs of Goods Sold $17,500

To Inventory $17,500

(Being the cost is recorded)

B. Accounts Receivable $98,000

To Sales $98,000

(Being the sales is recorded)

Costs of Goods Sold $58,800

To inventory $58,800

(Being the cost is recorded)

C. Accounts Receivable $475,000

To Sales $475,000

(Being the sales is recorded)

Costs of Goods Sold $280,000

To inventory $280,000

(Being the cost is recorded)

D. Accounts Receivable $63,000

To Sales $63,000

(Being the sales is recorded)

Costs of Goods Sold $39,000

To inventory $39,000

(Being the cost is recorded)

E. Cash $524,550

Credit card Expense $13,450

To Accounts Receivable $538,000

(Being the cash is recorded)

Sales $661,000

To Income Summary $661,000

(Being the closing is recorded)

Income summary $408,750

To Costs of Goods Sold $ 395,300

To Credit Card Expense $ 13,450

(Being the credit card expense and the cost of goods sold closing is recorded)

Income Summary $252,250

To Retained Earnings $252,250

(Being the transfer is recorded)

5 0

3 years ago

Cynthia, requested a two-week leave from her employer to go on a religious pilgrimage. The pilgrimage was not a requirement of h

Volgvan

Answer: No. It does not violate Title VII if Cynthia's employer does not grant her the leave.

Explanation:

From the question, we are informed that Cynthia, requested a two-week leave from her employer to go on a religious pilgrimage and that the pilgrimage was not a requirement of her religion, but Cynthia felt it was a calling from God.

Based on the scenario, Title VII is not violated if Cynthia's employer does not grant her the leave. According to the court, when an employee says that based on his or her religious belief, he or she is required to go to a pilgrimage, the person has to prove beyond reasonable doubt.

In this case, her church which is the Roman Catholic didn't call for a pilgrimage as it was her personal choice. Therefore, Title VII is not violated if Cynthia's employer does not grant her the leave.

3 0

3 years ago

A company has net income of $187,000, a profit margin of 8.6 percent, and an accounts receivable balance of $126,370. Assuming 6

NARA [144]

Answer:

35.35 days

Explanation:

For the computation of company’s days’ sales in receivable first we do the following calculations

As we know that

Profit margin = Net income ÷ Sales

0.086 = 187,000 ÷ Sales

Sales = 2,174,418.605

So,

Credit sales = Sales × Sales percentage

= 2,174,418.605 × 0.6

= 1,304,651.163

Receivables turnover ratio = Credit sales ÷ Receivables

= 1,304,651.163 ÷ 126,370

= 10.3241

Now

Days sales in receivables = 365 ÷ Receivables turnover

= 365 ÷ 10.3241

= 35.35 days

4 0

3 years ago

Which investment has the least liquidity? property stocks a savings account a 401k