Answer:
Option (B) is correct.
Explanation:
Given that,
Lot size = 600
Average demand per week = 100 units
Lead time = 4 weeks
Cycle inventory is determined by dividing the lot size by 2. It is calculated as follows:
= Lot size ÷ 2
= 600 ÷ 2
= 300 units
Pipeline inventories is determined by the product of average demand and lead time from plant to wholesaler.
Pipeline inventories:
= Average demand × Lead time
= 100 × 4
= 400 units
Hence, Total cycle + Pipeline inventories = 300 units + 400 units
= 700 units
Now, if the plant reduces its lead time from 4 to 2 weeks and lot size remains the same, then
Cycle inventory:
= Lot size ÷ 2
= 600 ÷ 2
= 300 units
Pipeline inventories:
= Average demand × Lead time
= 100 × 2
= 200 units
Hence, New Total cycle + Pipeline inventories = 300 units + 200 units
= 500 units
Answer:
£401.02
Explanation:
Exchange rate is defined as the rate at which one currency is exchanged for another.
In international trade exchange rate is used to determine how much a country will pay or recieve in export or import transactions.
In the given instance where the exchange rate is $1.97/£ it means that $1.97 is required to get £1.
So when we want to calculate the amount of pounds $790 can get
$1.97 = £1
$790 = x
Cross multiply
1.97 x = 790 * 1
x = 790 ÷ 1.97
x = £401.02
To solve this probem, let us dissect this step by step.
First: Latimer company borrows $50,000 from the bank
In the perspective of Latimer company, the amount of
$50,000 can already be considered as cash on hand since they are the one
borrowing money and they already have it. So we can see that it actually
increases the asset or expense account of Latimer company. However, it may be
an asset or a cash on hand yet it is a debt. Therefore this is called as debit
cash.
So the record is: Debit Cash for $50,000
Second: Latimer company signs a note that will be paid in
three months
We can see that the note is still to be paid, hence it is
called “payable”. Since it decreases the asset of the company, it is called a
credit. The complete description to record would then be: Credit Notes Payable
for $50,000
Combining the first and second parts, the complete company
record is:
Debit Cash for $50,000 and Credit Notes Payable for $50,000
Im looking for the same answer if anyone tell can you let me know
Answer:
The increase in his tax liability is $1,120
Explanation:
STCL due to sale of stock = $8,000
LTCG due to sale of stock = $5,000
∴Net STCL = $8,000 - $5,000
Net STCL = $3,000
LTCG on sale of antique clock = $7,000
∴Net LTCG on sale of antique = $7,000 - $3,000 = $4,000
LTCG on sale of antiques is taxed at the rate of 28%
∴ Tax liability = $4,000 * 28%
Tax liability = $4,000 * 0.28
Tax liability = $1,120