1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Volgvan
3 years ago
14

An accounting firm is capable of processing 20 income tax forms per day. The average number of forms in various stages of proces

sing at any one time in the firm is 64. What is the average processing time per income tax form?
a. More than 3 but less than or equal to 4 days
b. More than 5 days
c. More than 4 but less than or equal to 5 days
d. More than 2 but less than or equal to 3 days
Business
1 answer:
LenKa [72]3 years ago
6 0

More than 3 but less than or equal to 4 days is the average processing time per income tax form.

Option - a

<u>Explanation: </u>

\text{ WIP (Work in process) }= R \times T = 64 = 20(T)

T = \frac{64}{20}  

So, T = 3.2Days

The average processing time per income tax form is more than 3 but less than or equal to 4 days.

Work in process relates to a partially completed portion of the stock of a business. The valuation of a partially finished stock is also sometimes referred to as the balance sheet products in operation, particularly when the company produces tangible goods instead of services.

You might be interested in
Bill gore believed in keeping operational facilities small due to his focus on high quality interpersonal relationships, and as
lorasvet [3.4K]

The level of organizational culture that is being described in the scenario above is the basic underlying assumptions in which this level focuses more on taking beliefs for granted in a way that they use their thoughts and feelings in a course of action in which Bill does because of his beliefs.

8 0
3 years ago
Read 2 more answers
PQR Corporation has a Beta of 1.5. The risk-free rate is 6%, and the market risk premium is 9%. What is the required rate of ret
shusha [124]

Answer:

1. Using CAPM, the required return is;

Required return = risk free rate + beta * market risk premium

= 6% + 1.5 * 9%

= 19.5%

2. First find the portfolio beta which is a weighted average of the individual betas;

= (60% * 2.4) + (40% * 0.9)

= 1.8

Now use CAPM

= risk free rate + beta * (Market return - risk free rate)

= 4% + 1.8 * (13% - 4%)

= 20.2%

3.Geometric average can be calculated by;

=( ((1 + r1) * (1 + r2) * (1 + r3)) ^1/n) - 1

= (((1 + 6%) * (1 + 10%) * (1 - 6%)) ^ 1/3) - 1

= ‭(1.09604‬^1/3) - 1

= 3.1%

6 0
3 years ago
What is a tagline?<br><br> (Principles Of Business Management)
a_sh-v [17]
A tagline is a catchphrase or slogan used to advertise a brand. It is a short phrase or a series of phrases,often presented in conjunction with a brand logo,that is intended to add meaning to a brand
4 0
2 years ago
Read 2 more answers
Bramble Corp. sells one product and uses a perpetual inventory system. The beginning inventory consisted of 76 units that cost $
Andru [333]

Answer:

$6516

Explanation:

LIFO means last in, first out. It means that it is the last purchased inventory that is sold first.

Total sales in the month was 362 units, this would be taken from the inventory purchased during the month

= 362 x $18 = $6,516

8 0
2 years ago
Selena seeks a job as a biology technician. In addition to having the educational requirements, she believes her greatest streng
tankabanditka [31]

Answer:

1- A, B and D

Explanation:

An effective biology technician must have a set of analytical skills, attention to detail and critical thinking.

These are the important characteristics for this function, as a biology technician will handle several types of research and experiments, which characterizes that analytical skills will be necessary for data analysis and interpretation of results. Attention to detail is also necessary, as a biology technician will have as one of his activities to prepare biological samples, such as blood and food samples, for laboratory analysis, which requires maximum attention to details so as not to compromise results.

And finally, the critical thinking skills form the set of skills necessary to be a good technician in biology, since critical thinking makes the professional know how to develop a logical thinking, necessary to select the samples used in experiments and other analyzes.

7 0
3 years ago
Other questions:
  • Which of the following statements highlights the difference between the CPI (consumer price index) and the GDP deflator?
    12·1 answer
  • If your poll is to accurately reflect public views, your survey respondents must reflect the
    15·1 answer
  • Please look at the picture​
    9·1 answer
  • Tweedie Company issues 11,500 shares of restricted stock to its CFO, Mary Tokar, on January 1, 2014. The stock has a fair value
    9·1 answer
  • Manhattan Enterprises manufactures cookware sets and sells the sets to department stores. Manhattan expects to sell 2,400 cookwa
    12·1 answer
  • A company introduced a new low calorie version of one of its popular cold drinks. as a result, the sales of the original cold dr
    8·1 answer
  • Specific development, pricing, promotion, and distribution of products that do less harm to the environment are known as:______
    6·1 answer
  • Carr Corporation retires its $100,000 face value bonds at 105 on January 1, following the payment of interest. The carrying valu
    14·1 answer
  • List one thing you SHOULD do if your car loan suddenly becomes too expensive.
    10·1 answer
  • A self-employed individual makes $200,000 per year. to which type of retirement plan can the maximum contribution be made?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!