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3 years ago

A budget is usually constructed for a period of

Business

1 answer:

Musya8 [376]3 years ago

6 0

A couple of years: Is usually when a budget is usually constructed.

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The following table shows the units of steel and personal computers a worker can produce per month in Germany and South Korea. U

ki77a [65]

Answer:

Option E

Explanation:

Absolute advantage means that with the same input one country is able to produce more goods and services as compared to the other.

As we can see, Germany is able to produce 40 tons of steel with the same inputs as that of South Korea.

In the same way, Germany is able to produce 10 personal computers with the same inputs as that of South Korea.

Hence, Germany has an absolute advantage in the production of both steel and PCs

Option E is correct

4 0

3 years ago

Waterway industries, has 4700 shares of 5%, $50 par value, cumulative preferred stock and 100000 shares of $1 par value common s

e-lub [12.9K]

Since the preferred stocks are cumulative in nature, the dividend amount not paid in the current year will be accumulated and paid in the next year.

Preferred dividend to be paid in 2017 = Value of preferred stock x Dividend rate

= (4700 x $50) x 5%

= 11750

Dividend to be paid in 2018 = same as 2017 as no new preferred stock issued

= 11750

Total dividend to be paid in 2018 = Dividend to be paid in 2018 + Dividend to be paid in 2017 – Dividend paid in 2017

= 11750 +11750 -7900

= $15600

5 0

3 years ago

A produce distributor uses 773 packing crates a month, which it purchases at a cost of $11 each. The manager has assigned an ann

alekssr [168]

$\sqrt\frac{2*773*28}{33}$ Answer:

Explanation:

Using the EOQ Formula = EOQ $\sqrt\frac{2*D*O}{H}$

D = Demand = 773

O = Ordering Cost =28

H = holding Cost = 11*33% =3.63

So we have :

EOQ= $\sqrt\frac{2*D*O}{H}$

EOQ= $\sqrt\frac{2*773*28}{3.63}$

EOQ= $\sqrt\frac{43288\\}{3.63}$

EOQ= $\sqrt{11925.06887}$

EOQ= 109.20196

Previous per unit order cost = 28/773 =0.03622

No of Orders = D/o

No of Orders = 773/109.20196 =7.0786

Cost per order =109.20196*0.03622 =3.9555

Total order cost= 7.0786*3.9555=27.9998

At EOQ holding Cost is equal to Order Cost

New Order cost =27.9998

Holding Cost = 27.9998

New cost As per EOQ = 56

Previous (33+28) = 61

Net Saving = 5

6 0

3 years ago

Sheridan Company reports the following information (in millions) during a recent year: net sales, $17,371.2; net earnings, $481.

jeka57 [31]

Answer and Explanation:

The computation is shown below:

As we know that

1. Return on assets is

= Net income ÷ avg total assets

where,

Avg total assets is

= (opening total assets + closing total assets) ÷ 2

= ($6,806.4 + $6,899.2) ÷ 2

= $6,852.8

Now return on asset is

= $481.6 ÷ $6,852.8

= 7.0%

2. Assets turnover ratio = net sales ÷ avg total assets

= $17,371.2 ÷ $6,852.8

= 2.5 times

3. Profit margin = net income ÷net sales

= $481.6 ÷ $17,371.2

= 2.8%

8 0

3 years ago

If payments were made at the rate of $1183 per second, how many years would it take to pay off the debt, assuming that no intere

Neko [114]

Answer: 402 years

Explanation:

Debt is $15,000,000,000,000

Payment per second $1,183

Time taken to pay off = 15,000,000,000,000/1,183

= 12,679,628,064 seconds

Seconds in a year = 60 secs * 60 mins * 24 hours * 365 days

= 31,536,000‬ secs

Time taken in years = 12,679,628,064/ 31,536,000

= 402 years

6 0

3 years ago