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olga55 [171]
3 years ago
14

Stevens Clothing Company has four warehouses spread throughout the country. The company is considering building another warehous

e, but needs to know what effect a new warehouse will have on inventory level requirements. Currently, the company has an average inventory level of 1,000 shirts at each warehouse. What average inventory level per warehouse is needed to maintain current standards if the new warehouse is built
Business
1 answer:
Maslowich3 years ago
6 0

Answer:

894 shirts

Explanation:

to calculate new average inventory levels we can use the following formula:

average inventory levels = [(√new number of warehouses / √current number of warehouses) x current inventory level] / new number of warehouses

= [(√5 / √4) x 4,000] / 5 = [(2.236 / 2) x 4,000] / 5 = (1.118 x 4,000) / 5 = 4,472.14 / 5 = 894.4 ≈ 894 shirts

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Scenario 10 Suppose that in Country A, one worker per day can produce either 120 units of food or 50 units of capital goods; whi
aleksandrvk [35]

Answer:

1) country A has a comparative advantage in production of capital goods.

2) for country A 24 units of food can be traded for 10 units of capital goods,

for country B 30 units of food can be traded for 10 units of capital goods.

Explanation:

country A has a comparative advantage in production of capital goods because they have been able to produce more capital goods with the same amount of input (worker) than country B.

For country A, 120 units of food = 50 units of capital goods, therefore

10 units of capital good will be traded for (120 x 10)/50 = 24 units of food.

for country B 90 units of food is equivalent to 30 units of capital goods, therefore,

(90 x 10)/30 = 30 units of food

5 0
3 years ago
What effect do my communication skills have on my ability to pursue, obtain and excel at my job?
Roman55 [17]
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6 0
3 years ago
Calculate percent change if the original value of your stock was $25 and the new value of your stock $30
crimeas [40]

Answer:

Percentage Change | Increase and Decrease

First: work out the difference (increase) between the two numbers you are comparing.

Increase = New Number - Original Number.

Then: divide the increase by the original number and multiply the answer by 100.

% increase = Increase ÷ Original Number × 100.

Explanation:

thats how you find out how to calculate percentage change in value

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6 0
2 years ago
Read 2 more answers
On January 2, 2018, Baltimore Company purchased 14,000 shares of the stock of Towson Company at $13 per share. Baltimore obtaine
Norma-Jean [14]

Answer:

$315,600

Explanation:

Ownership = 40%

Investment = $182,000                

Share of dividends = 40%*21,000 =8400

Share of income = 40%*75000 = 30000

Increase in share price = $21-$13= $8

                                                                                 investment

                                                                   Dr                                        Cr

Investment                                     $182,000

Dividend received                                                                              $8400

Income received                              $30,000

Increase in share price                    $112,000

                                                         324,000                                      315,600

                                                   

5 0
2 years ago
If a firm averages $2,000 in daily credit sales and offers 60-day terms, the average accounts receivable balance will be $120,00
Alexeev081 [22]

Answer:

a. True

Explanation:

The computation of the average accounts receivable balance is shown below:

= Daily credit sales × day terms

= $2,000 × 60 days terms

= $120,000

We simply multiplied the average amount with the day term so that the average account receivable balance could come

Hence, the given statement is true

Therefore the correct option is a.

8 0
2 years ago
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