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zysi [14]
3 years ago
8

Which of following is a TRUE statement about inventory within a continuous review system?

Business
1 answer:
garri49 [273]3 years ago
5 0

Answer:

c. When ordering or setup costs increase, Economic Order Quantity increases

Explanation:

In inventory there are two types of review systems used to replenish stock, the periodic inventory and continuous inventory.

Continuous inventory involves ordering the same quantity of a good in each order. However the rate at which goods are replenished varies based on monitoring of level of goods. Orders are made when inventory gets to a certain level.

In this instance when there is an increase in ordering or setup there needs to be allocation of a higher amount for orders. The additional cost is added to the economic order quantity

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Which of the following is correct? Group of answer choices Economists study the management of scarce resources. Because economis
9966 [12]

Answer:

Because economists believe that people pursue their best interests

Explanation:

  • The word economy is derived from the Greek word meaning household and which is an area of production and distribution The role of an economist is to analysis and monitor trends and develop forecasts analysis data and develop economic policies.
  • As they give certain predictions or estimates of the economy by reflecting on the economic activities that are performed by the people as assuming tat the man behaves rationally.
3 0
3 years ago
What is the money multiplier when the reserve requirement is
Katyanochek1 [597]

Answer:

Money multiplier= 1 / reserve requirement

a. Reserve requirement = 0.09

Money multiplier = 1 / 0.09

Money multiplier = 11.11

b. Reserve requirement = 0.25

Money multiplier = 1 / 0.25

Money multiplier = 4

c. Reserve requirement = 0.12

Money multiplier = 1 / 0.12

Money multiplier = 8.33

d. Reserve requirement = 0.04

Money multiplier = 1 / 0.04

Money multiplier = 25

3 0
3 years ago
Wilton sells softball equipment. On November 14, they shipped $3,000 worth of softball uniforms to Paola Middle School, terms 2/
iogann1982 [59]

Answer:

The $2,700 is the amount which recognized as net accounts receivable on the balance sheet as of November 30

Explanation:

 The computation of net accounts receivable is shown below:

= Selling price of softball equipment - defective merchandise amount  

= $3,000 - $300

= $2,700

The $1,800 is not considered in the computation part because the Wilton company received an order from Douglas high school which is irrelevant for Paola middle school. Neither the discount terms are considered because the company did not receive the amount.

3 0
3 years ago
Stratford Company purchased a machine with an estimated useful life of seven years. The machine will generate cash inflows of $9
Amiraneli [1.4K]

Answer:

The price o the machine is = $268,157.69

Explanation:

<em>The Net present value is the difference between the present value (PV) cash inflows and the initial cost of the investment.</em>

<em>PV of cash inflow =</em>

90,000× (1- (1.1)^(-7) )/0.1

=  438,157.69

NPV = PV of cash inflow - cost of the machine

<em>Let represent cost of the machine as " y "</em>

170,000 =  438,157.69  - y

y = 438,157.69- 170,000

y =  268,157.69

The price o the machine is = $268,157.69

4 0
3 years ago
A data warehouse is a ________ collection of data, gathered from many different ________ databases, that supports business analy
V125BC [204]

Logical, operational

What is Logical database?

A logical database is a unique development object that can only be modified in Logical Database Builder and which feeds information from the nodes of a hierarchical tree structure to other ABAP programs. Although other uses are possible, the most typical use of logical databases is to extract data from database tables.

A hierarchical representation of all database tables linked together by foreign key relationships is provided by logical databases. Logical databases can read data from database tables that are elements of hierarchical structures that are formed by portions of these relationships and resemble trees. According to the principle of input, processing, and output, logical databases are typically employed in these hierarchical structures in classic ABAP. The conceptual database is then used to enclose the actual database reads.

Learn more about   Logical database with the help of given link:-

brainly.com/question/17216999

#SPJ4

4 0
1 year ago
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