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tankabanditka [31]
3 years ago
6

Toyota's quality problems A. will harm its reputation for years. B. did not exist prior to 2009. C. were usually the fault of au

to assembly workers. D. were mostly from subcompacts they manufactured. g
Business
1 answer:
Elena-2011 [213]3 years ago
3 0

Answer:

A. will harm its reputation for years.

Explanation:

<u>In 2009 , Toyota recalled over 11 million cars</u> to work on its accelerator pedals that stuck to floor mats and could lead to unplanned acceleration. Following this period, Toyota had been trying to gain back its lost goodwill and convince customers of the quality of its cars.

Then <u>about 2 to 3 years later, Toyota recalled about 7.4 million vehicles</u> to fix problems with its power window switches that could lead to a fire.

These quality issues will surely cost Toyota and harm its reputation for years.

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Sarah's Smart Shop has an inventory turnover ratio of 3 times per year and an average inventory of $156,000. If Sarah could mana
katovenus [111]

Answer:

The formula for inventory turnover ratio is

Cost of goods sold/ Average inventory. So we can put numbers in the formula and find the cost of good sold for the company.

Inventory turnover ratio= cost of goods sold/Average Inventory

3= cost of goods sold/ 156,000

156,000*3= cost of goods sold

Cost of goods sold = 468,000

Now to find out what the average inventory needs to be for the inventory turnover ratio to be 6 and cost of goods sold to be 468,000 we will put these 2 numbers in the formula in order to find the average inventory.

6= 468,000/Average Inventory

Average Inventory = 468,000/6= 78,000

She would need average inventory levels of $78,000 to generate the same level of sales and have an inventory turnover ratio of 6.

Explanation:

7 0
3 years ago
Suppose ABC Bank offers to lend you $1,000 at a nominal rate of 8%, compounded monthly. The loan (principal plus interest) must
Alchen [17]

Answer:

The difference in the effective annual rates charged by the two banks is:

0.7%.

Explanation:

a) Data and Calculations:

ABC Bank lending = $1,000

Rate of interest = 8% compounded monthly

Effective monthly rate of interest = 8%/12 = 0.667

FV (Future Value) $1,083.00

PV (Present Value) $1,000.00

N (Number of Periods) 12.000

I/Y (Interest Rate) 0.667%

PMT (Periodic Payment) $0.00

Starting Investment $1,000.00

Total Principal $1,000.00

Total Interest $83.00

Effective annual interest rate = $83/$1,000 * 100 = 8.3%

Bank XYZ lending = $1,000

Rate of interest = 9% annually

FV (Future Value) $1,090.00

PV (Present Value) $1,000.00

N (Number of Periods) 1.000

I/Y (Interest Rate) 9.000%

PMT (Periodic Payment) $0.00

Starting Investment $1,000.00

Total Principal $1,000.00

Total Interest $90.00

Effective annual interest = 9%

Difference in rates = 9% - 8.3% = 0.7%

b) Bank XYZ charges more interest by 0.7% thank ABC Bank.

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2 years ago
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In the state of FL you'll be assessed 4 points.
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