Answer:
The annual inventory carrying cost of the safety stock = $594
Explanation:
Given that:
The average daily demand (d) = 50 units / day
The lead time (LT) = 20 days
The combined standard deviation of demand lead time = 20 units.
The item cost = $75
The inventory carrying cost = 24% of the item cost
i.e. (24/100) × 75 = $18 of the item cost
Let assume that the management of the company wants to offer a service level of 95%.
Then the z-value that relates to 95% confidence interval level = 1.65
So; the safety stock relating to the 95% service level =
= 1.65 × 20
= 33 units
Now:
The annual inventory carrying cost of the safety stock = Safety stock × Inventory carrying cost.
= 33 × $18
= $594
The method for opening a file is Double-clicking on the file icon
Files enables you to store your information on the computer storage.
Double-clicking means to click on a mouse twice after placing your cursor on the file icon you want to open.
Once you double click on the file icon the file will open which will enable you to access the data or information you store in computer system.
Inconclusion The method for opening a file is Double-clicking on the file icon.
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Answer:
interest expense = $150
Explanation:
the journal entry to record accrued interest:
December 31, 2018, accrued interest from note payable
Dr Interest expense 150
Cr Interest payable 150
interest expense = principal x interest rate x time = $5,000 x 6% x 6/12 = $150
Answer:
The cost of newly issued common stock will be 5.8% after incorporating the effect of flotation cost.
Explanation:
WACC is the cost of capital of all the sources of finance. This cost of capital should consider all the sources of finance. Jana should include long term debts and equity financing costs to identify the Weighted average cost of capital. Preferred stocks are also added in the calculations.
If the world price is $1.00 per pound. Assuming the small-country model is applicable and no transportation costs, the United States will import copper.
<h3>What is import?</h3>
Import can be defined as the process of bringing in goods produce in another country into your own country so as to sale them in your own country.
Since the world price is $1.00 per pound and United states price is $1.20. If no transportation cost importing copper into United state will be the best choice as this will help to lower cost.
Therefore assuming the small-country model is applicable and no transportation costs, the United States will import copper.
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