Answer: 0.050
Explanation:
Mean = 18
USL = 18.6
LSL = 17.4
SD = 1.25
Cpk = Min{(mean - LSL / 3*sd), (USL - mean / 3*sd)}
= Min{ ( 18 - 17.4/ 3 * 1.25), (18.6 - 18 / 3 * 1.25)}
= Min { 0.05 0.05)
Cpk = 0.050
Answer:
Total cash collection= $530,000
Explanation:
Giving the following information:
<u>Sales:</u>
February $500,000
March $400,000
April $600,000
60% of the credit sales are collected in the month of sale, 30% in the month following sale, and 10% in the second month following the sale.
<u>Cash collection April:</u>
Cash collection credit sales from April= (600,000*0.6)= 360,000
Cash collection credit sales from March= (400,000*0.3)= 120,000
Cash collection credit sales from February= (500,000*0.1)= 50,000
Total cash collection= $530,000
Answer:
b. 5.27%
Explanation:
First, find the PV of the bond today. With a financial calculator, input the following and adjust the variables to semi-annual basis;
Face value; FV = 1000
Maturity of bond; N = 15*2 = 30
Semiannual coupon payment = (8.75%/2)*1000 = 43.75
Semi annual interest rate; I/Y = 3.25%
then compute Price; CPT PV= 1,213.547
Next, with the PV , compute the yield to call (I/Y) given 6 years;
Maturity of bond; N = 6*2 = 12
Semiannual coupon payment = (8.75%/2)*1000 = 43.75
Price; PV= -1,213.547
Face value; FV = 1,050
then compute Semiannual interest rate; CPT I/Y = 2.636%
Convert the semiannual rate to annual yield to call = 2.636*2 = 5.27%
Answer: You should wait until the road is straight and completely clear of cars, obstructions, animals, etc before passing.
Hope this helps! :)
Explanation:
Answer:
Total production= 5,840 units
Explanation:
Giving the following information:
Sales in units:
July= 5,000
August= 5,700
September= 5,560
The company wants to end each month with ending finished goods inventory equal to 25% of the next month's sales. The finished goods inventory on June 30 is 1,250 units.
To determine the production for August, we need to use the following structure:
Production budget:
Sales= 5,700
Desired ending inventory= (5,560*0.25)= 1,390
Beginning inventory= (1,250)
Total production= 5,840 units
