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andrew11 [14]
3 years ago
12

Breaking rules at a factory could mean all of the following, except

Business
1 answer:
Margaret [11]3 years ago
3 0
Breaking rules at a factory could mean all of the following except demotion.
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Adong's Fishing Products is analyzing the performance of its cash management. On average, the firm holds inventory for 65 days,
tatuchka [14]

Answer:

A. $45

B. $80

C. $8,167

Explanation:

(a) Calculation to determine the firm's cash conversion cycle

Cash conversion cycle=$65 +$15 – $35

Cash conversion cycle=$45

Therefore the firm's cash conversion cycle is $45

(b) Calculation to determine the firm's operating cycle

Operating cycle =$65 +$15

Operating cycle=$80

Therefore the firm's operating cycle is $80

(c) Calculation to determine the daily expenditure and the firm's annual savings if the operating cycle is reduced by 15 days

First step is to calculate the Daily expenditure

Daily expenditure =$1,960,000/360

Daily expenditure=$5,444.44

Now let determine the Annual savings

Annual savings =$5,444.44 *15*0.10

Annual savings=$8,167

Therefore the daily expenditure and the firm's annual savings if the operating cycle is reduced by 15 days will be $8,167

5 0
3 years ago
The people in an economy have $25 million in money. There is only one bank where they deposit their money and it holds 10% of th
Klio2033 [76]

Answer:

The people in an economy have $25 million in money. There is only one bank where they deposit their money and it holds 10% of the deposits as reserves. What is the money multiplier in this economy?

D. 10

Explanation:

10% of $25, 000, 000= $2,500,000

Money multiplier in this economy is by 10

6 0
3 years ago
Assume mark-up percentage equals desired profit divided by total costs. What is the correct calculation to determine the dollar
UkoKoshka [18]

Answer:

C. Total cost per unit times mark-up percentage per unit

Explanation:

The mark-up percentage is assumed to be computed by dividing the desired profit by the total cost.

The dollar amount of the mark-up per unit shall be computed by multiplying the total cost per unit with the markup percentage per unit.

The selling price of the product can be computed by adding the mark-up per unit to the cost price of each unit.

8 0
3 years ago
Amanda invested a total of ​$3 comma 100 into three separate accounts that pay 4 %​, 6 % and 7 % annual interest. Amanda has thr
ludmilkaskok [199]

Answer:

the amount invested at 4% interest is $5,00

the amount invested at 6% interest is $1,100

the amount invested at 7% interest is $1,500

Explanation:

Data provided in the question:

Total amount invested = $3,100

Interest rates : 4%​, 6 % and 7 %

Total interest = $191

Now,

Let the amount invested at 4% interest be 'x'

the amount invested at 6% interest be 'y'

the amount invested at 7% interest be 'z'

Therefore,

According to the question:

x + y + z = $3,100     ...........(1)

z = 3x    ...............(2)

0.04x + 0.06y + 0.07z = $191 ...........(3)

From (1) and (2), we  have

x + y + 3x = $3,100

or

4x + y = $3,100

or

y = $3,100 - 4x         ,..........(4)

from  2, 3 and 4, we have

0.04x + 0.06( $3,100 - 4x ) + 0.07(3x) = $191

⇒ 0.04x + 186 - 0.24x + 0.21x = $191

⇒ 0.01x + 186 = $191

⇒ 0.01x = 5

or

x = $500

thus,

from (2)

z = 3 × 500

or

z = $1,500

From (4)

y = $3,100 - 4(500)    

or

y = $1,100

Hence,

Amanda invested

the amount invested at 4% interest is $5,00

the amount invested at 6% interest is $1,100

the amount invested at 7% interest is $1,500

7 0
3 years ago
____________ is the ability of a company to pay its debts as they mature. Liquidity Solvency Financial flexibility Insolvency
pshichka [43]

Answer:

Solvency

Explanation:

Solvency is defined as the ability of a company to meet it's long term financial obligations like having the ability to pay off debts as they mature. Solvency measures if a company is able to pay off it's debt in long term.

Although solvency and liquidity are similar, difference is liquidity is more concerned with paying off short term debts.

A company or firm is said to be solvent when the current assets exceeds current liabilities.

4 0
3 years ago
Read 2 more answers
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