Answer:
For paint line to must produce the 4950 gallons of beige paint, it needs total of 5174.1 Kg. It accounts for the factors which are mentioned in the question . Explanation for this is attached in the image.
Explanation:
Explanation is in the attached image.
Answer:
4.51
Explanation:
We have to calculate fva. The future value of annuity
Here is the formula
Fva = A [( + I)^n-1/I]
Where a = annuity
I = interest rate
N = number of years
Inserting into formula
1[(1+0.08)^4 - 1/0.08]
= 1[(1.36049 - 1)/0.08]
= 4.51
Therefore the future investment is $4.51
Answer:
Inventory turnover= 5.5 times
Explanation:
Current ratio is given as 3
Cost of goods sold = $5,000
Current assets = $1,800
Quick ratio= 1.5
Current ratio= current assets/ current liabilities
3= 1,800/ current liabilities
Current liabilities= 1,800/3
Current liabilities= $600
Quick ratio= Cash and Receivables/ Current liabilities
1.5= Cash and Receivables/600
Cash and Receivables= 600* 1.5= $900
Current asset= Cash and Receivables + Inventory
1,800= 900+ Inventory
Inventory= 1,800-900
Inventory= $900
Inventory turnover= Cost of goods sold/ Inventory
Inventory turnover= 5,000/900
Inventory turnover= 5.5 times
Answer:
The options in the question are not well aligned,find below question with properly aligned options:
A subsistence economy is one that ________.
a. meets its needs without working for wages and purchasing necessities
b. meets its needs by overfishing lakes and rivers
c. purchases resources for immediate use
d. meets is needs while causing ecosystem destruction
e. purchases goods and services from others
Hence the correct option is A,meets its needs without working for wages and purchasing necessities
Explanation:
In a subsistence economy,every household provides for its own basic needs,without any need for specialization that leads to exchange.
Specialization is act of engaging in what one knows how to do best, that way efficiency and effectiveness are guaranteed, as every output would have been given a professional touch.
Exchange is the process by which individuals buys their needs from others using money earned from their own specialty as a medium of exchange