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3 years ago

What are the central concerns of economics?

Business

1 answer:

nasty-shy [4]3 years ago

5 0

The answer is : A

Resource use, production, and distribution of goods and services.

I hope that's help:)

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Aberwald Corporation expects to sell 90,000 bags of lawn fertilizer annually. The optimal safety stock (which is on hand initial

UNO [17]

Answer:

Annual demand (U) = 90.000 bags

Cost of each bag = $1.50

Inventory carrying cost per unit(C) = $1.50 × 20% = 0 30

Ordering cost per unit (O) = $15

Part A)

$EOQ = \sqrt{\frac{2UO}{C}}$

$EOQ = \sqrt{\frac{2 * 90000 * 15}{0.30}}$

$EOQ = \sqrt{9000000}$

EOQ = 3,000

Part B)

Maximum inventory = EOQ + Safety inventory on hand

Maximum inventory = 3000 + 1000

Maximum inventory = 4.000

Part C)

Average inventory = Maximum inventory + Minimum or Safety /2

Average inventory = 4,000 + 1,000 / 2

Average inventory =2,500

Part D)

How often company order = Annual demand / EOQ

How often company order = 90,000 / 3.000

How often company order = 30

4 0

3 years ago

Simon Peters, a senior manager at Celise Export Logistics, goes to France to negotiate a deal with the company's French partners

anyanavicka [17]

In this scenario, dressing formally during business meetings is probably a cultural imperative for the French

Explanation:

Cultural imperatives are traditions that you have to comply with when you want to succeed.

Relationship building is an example of a cultural imperatives .

Business understands the importance of building a relationship in many Asian countries such as China and Japan and Latin America.

Businessmen are not doing company business, they are doing business with people. It is a cultural necessity to spend time developing this relationship in these countries before you start up your business. Always underestimate your business partners ' value in building trust. It makes or breaks an agreement. Among Asian countries, another moral necessity is to make no one lose face. Never raise your voice or publicly threaten anyone. You will struggle in your company if you are ignorant of these cultural imperatives.

8 0

3 years ago

During December, Far West Services makes a $2,000 credit sale. The state sales tax rate is 6% and the local sales tax rate is 2.

Leno4ka [110]

Answer:

Total sales tax payable:170, sales :2000

Explanation:

Sale price x sales tax rate = sales tax payable

2000 x .085 (6%+2.5%) = 170

it doesn’t say so I’m assuming that the 2,000 credit sale does NOT include the sales tax due.

3 0

3 years ago

Unlimited liability for sole proprietors means that

astraxan [27]

Answer:

Sole proprietors and partners have unlimited liability. The unlimited liability means that if you're unable to repay the debts of the business, your creditors can go after whatever you own

6 0

2 years ago

Tatum Company has four products in its inventory. Information about the December 31, 2021, inventory is as follows: Product Tota

Alenkinab [10]

Answer:

Tatum Company

1. The carrying value of inventory at December 31, 2021 is:

$342,000

2. Adjusting Journal Entry:

Debit Inventory write-downs $47,000

Credit Inventory $47,000

To record the write-down of inventory value to LCNRV.

Explanation:

a) Data and Calculations:

Product Total Cost Total Net Reali- LCNRV Write-downs

zable Value

101 $ 154,000 $ 117,000 $ 117,000 $ 37,000

102 111,000 127,000 111,000 0

103 77,000 67,000 67,000 10,000

104 47,000 67,000 47,000 0

Total $ 389,000 $ 378,000 $ 342,000 $ 47,000

7 0

3 years ago