Answer:
Total Cost = $309,366
Explanation:
Given:
Number of year = 15 year
Monthly payment = $1,718.70
Find:
Total Cost
Computation:
Total Cost = Number of year x 12 months x Monthly payment
Total Cost = 15 x 12 x 1,718.70
Total Cost = $309,366
Answer and Explanation:
The computation is shown below:
a. For Account receivable days is
= Total number of days in a year × account receivable balance ÷ Sales
= 365 days × $50,000 ÷ $445,000
= 41.01 days
b. For inventory days
= Total number of days in a year × inventory balance ÷ Cost of Goods sold
= 365 days × $50,000 ÷ $280,000
= 65.18 days
c. For Account payable days
= Total number of days in a year × account payable balance ÷ Cost of Goods sold
= 365 days × $42,000 ÷ $280,000
= 54.75 days
d. For a cash to cash days
= Account receivable days + inventory days - account payable days
= 41.01 + 65.18 + 54.75
= 51.44 days
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Cost is a <span>term describes what a manufacturer spends for goods or services.
</span>In production, research, retail, and accounting, a cost<span> is the value of money that has been used up to produce something, and hence is not available for use anymore. In business, the </span>cost<span> may be one of acquisition, in which case the amount of money expended to acquire it is counted as </span>cost<span>.</span>
Answer:
Based on the EMV value, the best choice is to use Two suppliers
Explanation:
Is necessary to consider different amount of suppliers and evaluate the cost. We will choose the number of suppliers which offers a lower cost.
- EMV1 = cost of shutdown*super event risk + cost of shutdown*unique event risk + cost of managing supplier = 480000*.02 + 480000*0.05+16000 = 9600 + 24000 + 16000 = $ 49600
- EMV2 = cost of shutdown*super event risk + cost of shutdown*unique event risk of each supplier*unique event risk of each supplier + cost of managing 2 suppliers = 480000*.02 + 480000*0.05*.05+16000*2 = 9600 + 1200 + 16000*2 = $ 42800
- EMV3 = cost of shutdown*super event risk + cost of managing 3 suppliers = 480000*.02 + 480000*0.05*.05+16000*2 = 9600 + 16000*3 = $ 57600
Based on the EMV value, the best choice is to use Two suppliers
Answer:
Higher equilibrium price and lower quantity
Explanation:
If demands increases and the supply remains same then the equilibrium price of the quantity increases decreases the equilibirium quantity due to high demand of quantity.
Therefore, Correct option is (d) i.e., higher equilibrium price and lower quantity
