Answer:
Just-in-time inventory management
Explanation:
Just-in-time or JIT is an inventory management approach that encourages the purchase of materials only when they are needed in the production process. The JIT approach eliminates the need for storing large quantities of material for future productions. The acquisition of materials is aligned with the production process.
By adopting JIT, a business saves on inventory costs as materials are not purchased in bulk. Wastage that results from the storage of material is also eliminated. The success of JIT depends on management ability to forecast sales accurately and working with reliable suppliers.
Answer:
The higher the price, the higher the producer's profits. Your needs and wants are unlimited. If heavy competition for a product keeps its price low, businesses will be very motivated to offer the product for sale.
Answer:
a. $8.33
$1.95
b.$136,500
Explanation:
The computation of earnings per share and the common dividends per share is shown below:-
a. Earning per share = Earnings Available to Common Stockholders ÷ Number of Shares of Common Stock Outstanding
= $178,300 ÷ 21,400
= $8.33
Dividends per Share = $41,800 ÷ 21,400
= $1.95
b. Increase in retained earnings = Operating Profit (EBIT) - Interest expense - Taxes - Preferred dividends - Common dividends
= $307,000 - $32,000 - $65,100 + $31,600 + $41,800
= $136,500
We simply applied the above formulas
Answer:
D) All of the employees may exclude the value of the meals from gross income.
Explanation:
Meals provided at the workplace (in this case the casino) by the employer are nontaxable fringe benefits. This means that the employees are not required to include them as part of their gross income.
Also, if the providing the meals benefits the employer, they can deduct 50% of the cost.
Answer:
$85,931.40
Explanation:
Present value is the sum of discounted cash flows.
Present value can be calculated using a financial calculator:
Cash flow in year 0 = $20,000
Cash flow in year 1 = $35,000
Cash flow in year 2 = 0
Cash flow in year 3 = $45,000
Discount rate = $85,931.40
I hope my answer helps you
