Answer:
Weeks of supply = 4.16 weeks
Explanation:
given data
net income = $20 million
revenue = $60 million
cost of goods sold = $25 million
inventory = $2 million
property, plant, and equipment = $500,000
to find out
how many weeks of supply does the firm hold
solution
we know here that Weeks of supply will be express as
Weeks of supply =
× 52 weeks ....................................1
so put here value we get weeks of supply
Weeks of supply =
× 52 weeks
Weeks of supply = 4.16 weeks
Answer:
$55,300
Explanation:
Calculation to determine what The net income for December would be:
NET INCOME FOR DECEMBER
Revenue $327,000
Less cost of goods sold ($228,900)
(70%*$327,000)
Gross profit $98,100
($327,000-$228,900)
Less Depreciation ($17,400)
Less Operating expenses ($25,400)
Net Income $55,300
Therefore The net income for December would be:55,300
Answer:
18.52%
Explanation:
Calculation for the what would be the equity weight
Using this formula
Equity weight =E÷E+P+D
Let plug in the formula
Equity weight=$2,000,000×$27÷$2,000,000×$27+$1,000,000×$14.50+$10,000×.98×$1,000
Equity weight=$14,500,000÷$78,300,000
Equity weight=.1852×100
Equity weight=18.52%
Therefore what would be the equity weight is 18.52%