Answer: Option C
Explanation: In simple words, product focused process refers to the processes that focuses on producing the batch of similar products. These processes are usually used to manufacture products like paper rolls and light bulbs.
Under this process large units are produced of a similar product. Such processes require high fixed cost and low variable cost.
From the above we can conclude that the correct option is C.
Answer:
the re-order point is 97.17
Explanation:
The computation of the re-order point is given below:
Re-order point is
= (Daily demand × Lead time) + (Z × Standard deviation × Sqrt(Lead time)
= (25 × 3) + (1.28 × 10 × Sqrt(3))
= 97.17
hence, the re-order point is 97.17
The same is to be considered and relevant too
Answer:
$6600
Explanation:
Given: Selling price= $250 per unit
Variable cost= $181 per unit.
Fixed cost= $430000.
Expected Profit= $25400.
Let´s assume the number of units sold be "x".
Revenue (R) =
Cost of product (C)=
∴ Cost of product (C)=
Now, finding the number of unit sold.
Forming an equation for profit.
We know, Profit=
⇒
Opening parenthesis.
⇒
⇒
Adding both side by 430000
⇒
Dividing both side by 69
⇒
∴
Hence, total number of units sold to earn $25400 is 6600 units.
Answer:
Cheryl's net worth is;
c). $5,000
Explanation:
The net worth is the value of an individual taking into account all the individual's assets and liabilities. It is a holistic view on the value of an individual. It is also used to estimate the value of a company, corporation and even countries. It is one of the standard measures used to gauge an entity's wealth. The net worth can be calculated by taking the difference between assets and liabilities. An asset is anything of economic value that is owned by an entity while a liability is anything of economic value that is owed.
The following formula can be used to estimate Cheryl's net worth;
N=A-L
where;
N=net worth
A=assets
L=liabilities
In our case;
N=unknown to be determine
A=Automobile+checking account
Automobile=$10,000 and checking account=$5,000
A=10,000+5,000=$15,000
L=student loan+car loan
student loan=$2,000
car loan=$8,000
L=2,000+8,000=$10,000
replacing;
N=15,000-10,000=$5,000
Cheryl's net worth=$5,000
Answer:
A right to force the business into bankruptcy if dividends are not paid.
Explanation:
These are the characteristics of Equity Financing:
-Maturity. Equity funding does not need to be repaid.
-Claim on income. At management´s discretion and if the company is profitable, shareholders may receive dividends after creditors have been paid.
-Claim on assets. Shareholders have claims only after the firm satisfies claims of lenders.
-Influence over management. As owner of the company, shareholders can vote on some aspects of corporate operations, although in practice only large shareholders have much influence. Private equity holders can have considerable influence.