Answer: True
Explanation:
It should be noted that having an excess inventory can result into degradation and poor quality goods. This is because there are usually low inventory turnovers when there are high levels of inventory.
Therefore, the option that some of the problems that high inventory hide are quality problems, process downtime, scrap, and late deliveries is true.
Answer:
cost of laptop = $1,800
cost of desktop = $2,100
Explanation:
From the question above, we can see that the laptop costs $300 less than the desktop, therefore, we say:
let x represent the cost of the laptop
;
then x+300 will be the cost of the desktop
.
We can also see that the total finance charge of $252 is equal to 7% of the cost of the laptop and 6% of the cost of the desktop, we solve as follows:
252 = 0.07(x) + 0.06(x + 300)
252 = 0.07x + 0.06x + 18
252 - 18 = 0.13x
234 = 0.13x
x = 234/0.13
x = 1,800
Recall that:
cost of desktop = x + 300
therefore:
1,800 + 300 = 2,100.
cost of laptop = $1,800
cost of desktop = $2,100
Walter Co. is a manufacturer because it uses raw materials, and has a stock of merchandise inventory, work-in-progress inventory, and finished goods inventory. The current assets of Walter Co. will be:
Current Assets:
Cash 6,000
Inventories
Raw materials inventory 21,000
Work in progress inventory 40,000
Finished goods inventory 25,000
Merchandise inventory 48,000
Total inventory 1,34,000
Other assets
Accounts receivable 41,000
Prepaid expenses 1,000
Current assets 2,22,000
A manufacturing company is a company that takes in raw materials processes the raw materials and then sells the finished goods manufactured in the market. So the current assets section of the balance sheet of Walter Co. is given which will be written on the right side of the balance sheet.
Learn more about manufacturing companies here:
brainly.com/question/14942185
#SPJ4
Salutations!
What is unemployment insurance fund?
Unemployment insurance fund is a short term holiday, or consolation where workers do not work due to personal issues, such as: illness, family cases etc.
Hope I helped :D
