Answer:
Please consider the explanation below
Explanation:
a.Optimal order quantity per order = √2CO / I
= √[2*1500Units*625 ]/ (130)
=√1875000/130
=120 units per order
b.Minimum total annual inventory costs
Annually orders = 1500 / 120
= 12.5 times
Ordering cost = 12.5*625 = $7812
carrying cost = 120 units *$130 = $15600
Total annual inventory cost = $23412
c.The number of orders per year
= Annual denand / Optimum oder
= 15000 U / 120
= 12.5 times
• d.The time between orders (in working days)
= 364 / 12.5 (considered one leave)
= 29.12 days
=29 days
Answer: Decreased assets and liabilities.
Explanation:
Both assets and Liabilities decrease as a result of the April transaction because first, Cash is used to pay the Dividend which reduces the cash account and Cash is an Asset.
Liabilities also decrease because when the dividends were declared in February, Despot Inc had to create a liability in their books to cater for the payment of the dividends. Now that the dividends have been paid, that figure will be removed therefore reducing Liabilities.
Answer:
The answers to all 3 questions are:
1. Norway
2. China and India
3. Afghanistan
Explanation:
Just completed the 2020 Edge Assignment
Answer:
The correct answer is option D.
Explanation:
An increase in the size of tax is likely to increase the tax revenue when the price elasticity of supply, as well as price elasticity of demand, are both large.
The imposition of tax will cause an increase in the price of the product. If the price elasticity of demand is higher, an increase in the price will lead to a more than proportionate decrease in demand.
At the same time, high price elasticity of supply means that when the tax is imposed the sellers will be able to reduce quantity more easily.
So when less output is produced and demanded the tax revenue will also be lower.
Answer:
D) Sue can sue Jerry and bring the case to Iowa federal court as this is a case that involves diversity of citizenship.
Explanation:
Diversity of citizenship means that the parties involved in a lawsuit are citizens of different states (within the US) or are citizens of different countries. If a company is involved in a lawsuit, its citizenship is defined as where the company was incorporated or where does it carry its normal business operations.
In this case since Sue is a citizen of the state of New York and Jerry is a citizen of the state of Iowa (diversity of citizenship applies), Sue can choose to sue Jerry in a federal court since the citizens of two different states are involved.
