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marishachu [46]
2 years ago
7

1. Determine the utilization and the efficiency for each of these situations: a. A loan processing operation that processes an a

verage of 7 loans per day. The operation has a design capacity of 10 loans per day and an effective capacity of 8 loans per day.
Business
1 answer:
arsen [322]2 years ago
7 0

Answer:

Efficiency is 87.50% and Utilization is 70%

Explanation:

Actual ouput = 7 loans per day

Effective capacity = 8 loans per day

Design capacity = 10 loans per day

Therefore,

Efficiency = actual output÷effective capacity×100%

= 7 ÷ 8 × 100%

Efficiency = 87.50%

Utilization = actual output÷design capacity×100%

= 7 ÷ 10 × 100%

Utilization = 70%

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Covenants represent:
gregori [183]

Answer:

the answer is D terms and conditions set forth in a lending agreement to reduce the probability of non-payment

Explanation:

covenants help lenders detect deteriorating loan quality.

8 0
3 years ago
A citizen in a developing country with a currency policy of convertibility on the current account could engage in all of the fol
masha68 [24]

Answer: purchase foreign currency in order to purchase a U.S. treasury bond.

Explanation:

Currency convertibility has to do with the degree in which the domestic currency of a particular country can be converted into the currency of another country.

Therefore, a citizen in a developing country with a currency policy of convertibility on the current account could engage in the purchase foreign currency in order to purchase a U.S. treasury bond.

3 0
3 years ago
Campbell's Soup Company ran a series of radio ads tied to local weather forecasts. Before an impending storm the ads said, "Time
g100num [7]

Answer:

"Persuasive"  "reminder"

Explanation:

Campbell's Soup Company ran a series of radio ads tied to local weather forecasts. Before an impending storm the ads said, "Time to stock up on Campbell's Soup." During the storm the ads said, "Stay home and stay warm with Campbell's Soup." The first ad was persuasive advertising, while the second ad was reminder advertising.

3 0
2 years ago
Lin’s Dairy uses the aging approach to estimate bad debt expense. The ending balance of each account receivable is aged on the b
Nesterboy [21]
What amount should be recorded as Bad Debt Expense for the current year?
Not yet due:
22,000
Estimated Percentage Uncollectible: 3%
Estimated Amount Uncollectible: 660

Up to 120 days past due:
6500
Estimated Percentage Uncollectible: 14%
Estimated Amount Uncollectible:
910

Over 120 days past due:
2800
Estimated Percentage Uncollectible: 34%
Estimated Amount Uncollectible: 952

Estimated Balance in allowance for doubtful accounts: 2522

Current balance in allowance for doubtful accounts: 1200

Bad Debt Expense for the Year: 1322
4 0
2 years ago
Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: April May June Manu
Kay [80]

Answer:

The cash payments expected for Finch Company in the month of May is $185,600

Thus, the option a is correct.

Explanation:

For computing the cash payment for may month. The following things should be recognized which is explained below:

1. Manufacturing expense : In manufacturing expense,  \frac{3}{4} is incurred for particular month and rest \frac{1}{4} is for following moth.

That means, $195200 × 3÷4 = $146,400 and $156,800 × 1 ÷ 4 = 39,200

So, the total would be $146,400 + 39,200 = $185,600

2.  As insurance expenses would not be considered because the information is not given.

3. As property tax is paid in November, so it would not be taken for may month.

Therefore, The cash payments expected for Finch Company in the month of May is $185,600

Thus, the option a is correct.

7 0
3 years ago
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