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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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Ivahew [28]

Answer:

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3 0
3 years ago
Read 2 more answers
Price discrimination:A. by firms selling to final consumers is illegal, but it is usually legal in selling to intermediaries.
Firlakuza [10]

Answer:

D. may be legal if the firm can prove that different prices were set based on different costs.

Explanation:

The competition and consumer act seeks to prevent unfair price discrimination by ensuring that sellers offer the same price terms to customers at a given level of trade. However , price discrimination is allowed if the seller can prove that its costs are different when selling to different customers.

5 0
3 years ago
A bond has a par value of $1,000, a time to maturity of 15 years, and a coupon rate of 7.90% with interest paid annually. If the
Effectus [21]

Answer:

$5.97

Explanation:

In order to determine the capital gain of the bond in a year's time,it is first first of all important to calculate the yield to maturity on the bond which is arrived at by applying the rate formula in excel as follows:

=rate(nper,pmt,-pv,fv)

nper is the number of coupon interest the bond would pay over its entire life of 15 years which is 15

pmt is the annual interest,7.9%*$1000=$79

pv is the current market price of the bond which is $790

fv is the value of $1000

=rate(15,79,-790,1000)=10.79%

Afterwards,the price of the bond in one year' time can then be calculated:

=-pv(rate,nper,pmt,fv)

The variables in the formula are as above except for nper which would reduce by 1 in a year's time

=-pv(10.79%,14,79,1000)

pv=$ 795.97  

Hence the capital gain=price now-price one year ago/price one year ago

price now is $795.97  

price one year ago was $790

Capital gain=$795.97-$790=$5.97

Capital gain %= ($795.97-$790)/$790=0.76%

8 0
3 years ago
Corporation has found that ​% of its sales in any given month are credit​ sales, while the remainder are cash sales. Of the cred
Reika [66]

Answer:

Some information is missing, specifically the % of credit sales. Similar questions use 80%, so I will use that %. Also, November sales were $85,000 and December sales were $115,000.

<h2>                               <u>Cash collections budget</u></h2>

                                                January              February             March

Cash sales                               $30,000            $26,000              $35,000

Collection from Nov. sales      $16,320

Collection from Dec. sales     $36,800             $22,080

Collection from Jan. sales      $24,000            $48,000              $28,800

Collection from Feb. sales                                $20,800               $41,600

<u>Collection from March sales                                                          $28,000</u>

Total cash collections            $107,120             $116,880             $133,400

3 0
3 years ago
If actual sales totaled $450,000 for the current year (30,000 units at $15 each) and planned sales were $540,000 (45,000 units a
torisob [31]

Answer:

Option B, $45,000, is the right answer.

Explanation:

Given actual sales = $450000

Actual units that is sold = 30000 units

Actual selling price = $15 per unit

Planned sales = $540000

Planned units = 45000

Planned selling price = $12 per units.

The difference between actual and planned sales due to unit price factor = change in units × change in price

= (45000 – 30000) × (15 – 12)

= $45000

Thus option B is correct.

4 0
3 years ago
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