Answer:
2. Cost-variable.
Explanation:
Variable costs basically depends on the customers in the shop. In this case, the more napkin a person uses, the more Java Joe has to order.
Answer:
price
Explanation:
Based on the scenario being described within the question it can be said that these things are all examples of price. In any context of business or transaction in general the term price refers to the total amount that is requested or given as a payment for something else, whether it is a good or service. In other words it is the value given for something in a transaction.
He receives a commission of $6150 every week and in whole month he receives $ 24600 as commission and $ 4400 as draw
Answer:
Red Co.
The amount that Red Co should report as net cash used by investing activities in its statement of cash flows for the period ended December 31 is:
= $38,000.
Explanation:
a) Data and Calculations:
Investing activities section of the Statement of Cash Flows:
Sales of investment in Gold Co stock $15,000
Dividends received on Blue Co. stock 10,000
Purchase of investment in Yellow Co (75,000)
Proceeds from the disposal of equipment 12,000
Net cash used by investing activities $38,000
Answer:
The store should order 60 calculators, 12 times per year to minimize inventory cost.
Explanation:
Given that;
Annual demand = 720 calculators
Holding cost (Storage cost) (H) = $2 per calculator
Ordering cost (D) = $5
Economic order quantity (EOQ)
= √ 2 × A × D / H
= √ (2 × 720 × $5) / $2
= √ $7,200 / $2
= √ 3,600
= 60 calculators
Number of orders per year
= Annual demand ÷ EOQ
= 720 ÷ 60
= 12 times
Therefore, the store should order 60 calculators 12 times per year to minimize inventory cost.