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4 years ago

In a lean system, work-in-process inventory is reduced to reveal production problems, which can then be

Business

1 answer:

Y_Kistochka [10]4 years ago

8 0

Answer:

Explanation:

Lean system, also called lean manufacturing, is a continuous elimination of waste from all process, using the ideas of all employees, especially those at the lower levels of the organization.

Process of Inventory Tracking:

-Sensors. to track real time movements and location of raw materials, work in progress and finished goods, and high value tooling.

-Analytics. to optimize inventory on hand and automatically signal for replenishment.

Advantages:

-This process freeing up employees for more valuable tasks.

-Inventory accuracy.

-Cost cutting.

-Improved data visibility.

-Preventing stock issues.

-Better customer service.

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2 reasons why it is important to learn how to use a budget

My name is Ann [436]

1) So you don't go over your limit
2) learn how to not spend your money all at one tme

5 0

3 years ago

1. The government is mulling protecting the shoe industry. It estimates it needs to protect it for 6 years to the tune of $5 bil

faust18 [17]

Answer:

PV of cash outflows = Annuity*(1-1/(1+rate)^number of terms)/rate

= 5000000000*(1-1/(1+9%)^6)/9%

= 22429592951.15

PV of inflows at end of 6 years= Annuity*(1-1/(1+rate)^number of terms)/rate

= 200000000*(1-1/(1+9%)^100)/9%

= 2221820304.00

PV of inflows now = 2221820304/1.09^6 = $1,324,798,853.47

NPV = -22429592951.15+1324798853.47

= -21104794098

We see that the Net Present value added by this method is negative. Hence the project is not beneficial.

5 0

3 years ago

The is the interest rate that a firm pays on any new debt financing. Andalusian Limited (AL) can borrow funds at an interest rat

valina [46]

Answer:

5.34%

The correct option is C,5.60%

Explanation:

The are two requirements here,the first is after cost of debt for the first part of the case study and after tax cost of debt for the second part of the scenario:

1.after tax cost of debt=pretax cost of debt*(1-t)

pretax cost of debt is 9.7%

t is the tax rate at 45% or 0.45

after tax cost of debt=9.7%*(1-0.45)=5.34%

The pretax cost of debt here is computed using the rate formula in excel:

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

nper is the number of times the bond pays coupon interest which is 15

pmt is the annual coupon interest receivable by investors i.e $1000*12%=$120

pv is the current market price of the bond which is $1,136.50

fv is the face value of the bond at $1000

=rate(15,120,-1136.50,1000)

rate =10.19%

after tax cost of debt=10.19% *(1-0.45)=5.60%

7 0

3 years ago

Record the following transactions as general journal entries. Use the gross-price method.

steposvetlana [31]

Answer:

General Journal Entries:

Aug. 6 Debit Inventory $830

Credit Accounts Payable (Johnston Co.) $830

To record the purchase of merchandise; Credit terms 2/10, n/30.

Aug. 8 Debit Truck $18,000

Credit Accounts Payable (Pillner Co.) $15,000

Credit Cash $3,000

To record the purchase of truck.

Aug. 13 Debit Inventory $2,611

Credit Cash $2,611

To record the purchase of inventory for cash.

Aug. 15 Debit Accounts Payable (Johnston Co.) $830

Credit Cash $813

Credit Cash Discounts $17

To record the payment on account, including discounts.

Aug. 17 Debit Inventory $1,743

Credit Accounts Payable (Luis Co.) $1,743

To record the purchase of goods; Credit terms 2/10, n/30.

Explanation:

a) Data and Analysis:

Aug. 6 Inventory $830 Accounts Payable (Johnston Co.) $830

Credit terms 2/10, n/30.

Aug. 8 Truck $18,000 Accounts Payable (Pillner Co.) $15,000 Cash $3,000

Aug. 13 Inventory $2,611 Cash $2,611

Aug. 15 Accounts Payable (Johnston Co.) $830 Cash $813 Cash Discounts $17

Aug. 17 Inventory $1,743 Accounts Payable (Luis Co.) $1,743

Credit terms 2/10, n/30.

8 0

3 years ago

4 Sold $600 of merchandise on credit (that had cost $240) to Natara Morris, terms n/15. 5 Sold $8,200 of merchandise (that had c

Romashka [77]

Answer:

Accounts Receivables 600 debit

Sales Revenues 600 credit

--to record sale--

COGS 240 debit

Inventory 240 credit

--to record COGS of the previous sale--

Accounts Receivables 7,708 debit

credit card expense 492 debi

Sales Revenues 8200 credit

--to record sale--

COGS 3280 debit

Inventory 3280 credit

--to record COGS of the previous sale--

Accounts Receivables 5,804.5‬ debit

credit card expense 305.5 debi

Sales Revenues 6,110 credit

--to record sale--

COGS 2,444 debit

Inventory 2,444 credit

--to record COGS of the previous sale--

allowance for doubtful accounts 683 debit

accounts receivables 683 credit

--to record write-off of McKee's account--

cash 600 debit

account receivables 600 credit

--to record Morris payment in full--

Explanation:

We record considering the accounting principles:

debit = credit

the creditcard will charge their fee and transfer to the company the remained that's why the account recievable is lower than sales nominal as the credit card colelct their fee first.

5 0

4 years ago