It is True, based on asset intensity, that for every $100 increase in sales, Chemical manufacturer DuPont would need about $100 in additional assets.
<h3>What is asset intensity?</h3>
The asset or capital intensity is a measure of the amount of assets needed to produce some dollars of sales revenue.
The asset intensity ratio is obtained by dividing the total assets by sales.
Thus, it is True, based on asset intensity, that for every $100 increase in sales, Chemical manufacturer DuPont would need about $100 in additional assets.
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Answer:
38880
Explanation:
Budgeted sales -870 boxes
Each box requires 44 pounds of clay
Opening inventory of clay = 3900 pounds
Closing inventory of clay = 4500 pounds
Clay mix cost - $0.40
Labor rate = $12/hr
Monthly purchase = budgeted sales + closing inventory - opening inventory
(870*44) + 3900 - 4500
38280 +4500 - 3900 = 38,880
Answer:
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Answer:
d. 9 percent
Explanation:
After 2 years the value of $10,000 at present time =
$10,000 * (1 + x / 100)^2 = $12,000
(1 + x / 100)^2 = 12,00 / 10,000
(1 + x / 100)^2 = 1.2
The square root of 1.2 is 1.0954
(1 + x / 100) = 1.0954
x = 9.54
9%( Approximately.)