Answer:
I got a joke for you :)
Why do we tell actors to “break a leg?”
Because every play has a cast.
Answer:
the store rent that should be allocated in department 3 is $100000
Explanation:
if we assume that we charge the rent per square feet occupied, then we can say
department rent = charge per square feet* number of square feets
r = k*sf
also if
total rent = rent department 1 + rent department 2 + rent department 3
r total = r1 + r2 + r3 = k*sf1 + k*sf2 + k*sf3 = k*( sf1 + sf2 + sf3)
k= r total / ( sf1 + sf2 + sf3)
replacing values
k = $200000/(15000 sq.ft + 10000 sq.ft +25000 sq.ft ) = $ 4 per sq.ft
thus for department 3
r3 = k* sf3= $ 4 per sq.ft * 25000 sq.ft = $100000
rent department 3 = $100000
Answer:
a) A discount retailer
Explanation:
The formula to determine the cash conversion cycle is shown below:
Cash Conversion Cycle = days inventory outstanding + days sales outstanding - days payables outstanding.
So as per the given situation, the first option i.e. discount retailer should have the negative cash conversion cycle as in other options it created the positive impact
So the option a is correct
Answer:
Snyder Painting
If Snyder wants to reduce its non-value-added activities to the greatest extent possible, it should concentrate its efforts on reducing the amount of time and money it spends on
B. paint storage.
Explanation:
a) Identified Activities of Snyder Painting:
A. customer consultation.
B. paint storage.
C. site preparation and cleanup.
D. onsite paint application.
b) Non-value added activities are activities that are currently necessary and consume resources but do not add value to the company's product or service. For example, equipment set-up, parts inspection, recording job time, job scheduling, product storage, and customer billing. These activities should be reduced to the barest minimum in order to maximize value.
Answer:
FV= $17,701.6
Explanation:
Giving the following information:
Annual deposit (A)= $5,800
Interest rate (i)= 5.2%
<u>To calculate the future value after the third deposit, we need to use the following formula:</u>
<u></u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {5,800*[(1.052^2) - 1]} / 0.052 + 5,800
FV= $17,701.6
