Answer:
462.169 gallons
Explanation:
Given that:
the annual demand of gasoline = 106800 gallons per year
Price = $2.00 per gallon
Order cost = $2,000
Holding cost = $0.24 per gallon per year
The objective here is to use Ms Excel solver to determine the optimal order quantity.
We will be attaching four diagrams showing the step-wise process for the determination of the optimal order quantity.
Firstly; we create a model for the given data
Then we ; use the excel formula which the description are shown in the second diagram attached
Finally;we use the solver parameter to obtain the optimal order quantity.
The optimal order quantity = 462.169 gallons
See the attachment below for better understanding.
Answer: $13,700
Explanation:
From the question, we are informed that Baseball Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $19,100. Budgeted cash receipts total $188,500 and budgeted cash disbursements total $190,200. The desired ending cash balance is $31,100.
To attain its desired ending cash balance for January, the company should borrow $13,700.
The solution has been attached.
Answer: $12,170
Explanation :
The company will pay $50,000 to office Employees and insures them at a rate of $0.42 per $100.
The estimated Premium for office Workers;
= 50,000 * 0.42/ 100
= $210
The company will pay $260,000 to Factory Employees and insures them at a rate of $4.60 per $100.
The estimated Premium for Factory Workers;
= 260,000 * 4.60/100
= $11,960
Total Estimated Premium;
= 11,960 + 210
= $12,170
Answer:
Investment spending.
Explanation:
Rate of return can be defined as the percentage of interest or dividends earned on money that is invested.
In Financial accounting, a return refers to the amount of profit generated by an investor on an investment over a specific period of time.
Basically, the rate of return which is typically expressed as a percentage of the initial costs of an investment can either be a gain or a loss on an investment. Therefore, a positive rate of return on an investment over a specific period of time, simply means that an investor is making a profit (gains) while a negative rate of return on an investment over a specific period of time, indicates that the investor is running at a loss.
The interest rate effect of a decrease in the aggregate price level will increase investment spending.