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
Bad White [126]
3 years ago
7

Question 23 of 40

Business
1 answer:
aivan3 [116]3 years ago
4 0
Answer: i think it’s C
You might be interested in
Henry Crouch's law office has traditionally ordered ink refills 55 units at a time. The firm estimates that carrying cost is 40%
defon

Answer:

Its action would be optimal given an ordering cost of $28.31 per order

Explanation:

According to the given data we have the following:

economic order quantity, EOQ= 55 units

annual demand, D=235

holding cost per one unit per year, H=40%×$11=$4.4

ordering cost, S=?

In order to calculate the ordering cost we would have to use the following formula:

EOQ=√(<u>2×D×S)</u>

                (H)

Hence, S=<u>(EOQ)∧2×H</u>

                     2×D

           S=<u>(55)∧2×4.4</u>

                   2×235

          S=<u>13,310</u>

                470

          S=$28.31

Its action would be optimal given an ordering cost of $28.31 per order

4 0
3 years ago
Lincoln Park Co. has a bond outstanding with a coupon rate of 5.73 percent and semiannual payments. The yield to maturity is 6.7
Natalija [7]

Answer:

Bond Price​= $1,774.05

Explanation:

Giving the following information:

Coupon rate= 0.0573/2= 0.02865

YTM= 0.067/2= 0.0335

The bond matures in 23 years.

Par value= $2,000

<u>To calculate the bond price, we need to use the following formula:</u>

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond Price​= 57.3*{[(1 - (1.0335^-46)] / 0.0335} + [2,000/1.0335^46]

Bond Price​= 1,334.76 + 439.29

Bond Price​= $1,774.05

5 0
2 years ago
In a job order cost accounting system, the journal entry to record the flow of direct materials into production consists of a
Usimov [2.4K]

Answer:

Debit : <em>Work In Process Account</em> and  Credit : <em>Raw Materials Account</em>

Explanation:

The Work In Process Account must be increased with the cost of raw materials being transferred to production from the Raw Materials Account.Whilst the Raw Materials Account must be decreased.

8 0
3 years ago
What account would travelocity credit when you make a reservation with them? what account would be debited? answer?
Gnesinka [82]
You could make a reservation using Travelocity. Juts go to their site and pick your trip of your choice. When you have completed that, you can select to make a reservation and pay for that. After this, Travelocity would debit their cash account and credit their sales account.
5 0
3 years ago
The number of businesses owned by hispanics and asians has:
Lina20 [59]

The answer is Minority-owned businesses. The growth in number of businesses owned by African Americans, Hispanics, and Asian Americans has outpaced overall growth and the Immigrants own nearly 15 percent of all small businesses and are more likely to own small businesses than native-born citizens.

<span> </span>

4 0
3 years ago
Other questions:
  • 5 elements of Design for Delight?​
    10·1 answer
  • Medoc Company provides the following information about its single product Targeted operating income 54 comma 790 Selling price p
    8·1 answer
  • On which financial statements would you look to find the total costs of merchandise that remains and the total that has been sol
    15·1 answer
  • CL Inc., a new firm, used mass media to gain traction among customers. The company used sales promotions and public relations to
    9·2 answers
  • Which agricultural system trapped many southern blacks in a cycle of debt and poverty despite their hard work?
    8·1 answer
  • Land, a building and equipment are acquired for a lump sum of $1,000,000. The market values of the land, building and equipment
    15·1 answer
  • Consider the assets (in millions) of two banks, A and B. Both banks are funded by $120 million in deposits and $20 million in eq
    7·1 answer
  • What is the main difference between renting and leasing?
    14·1 answer
  • A local bank sponsors a charity run that raises funds for a non-profit building wells and schools in Mali, Africa. How would the
    5·1 answer
  • Which of the following correctly describes a general ledger?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!