Answer:
$0
Explanation:
There is no reason why Carey Company should increase their land account in 2015. As long as the company owns the land they should not modify the land account, since land doesn't depreciate. Even if they build something new on the land site, that will increase the land improvements account or buildings account, not the land account.
If they decide to sell the land then the original purchase value will serve as the basis for calculating capital gains taxes.
Answer:
Numaccounts=SavingsAccount.numbeOfAccounts
Explanation:
This a static method program from java language because it can be checked without creating an object class.
Answer:
a) safety stock = z-score x √lead time x standard deviation of demand
z-score for 99.9% = 3.29053
√lead time = √7 = 2.6458
standard deviation of demand = 3
safety stock = 3.29053 x 2.6458 x 3 = 26.12 ≈ 26 soaps
reorder point = lead time demand + safety stock = (7 x 16) + 26 = 138 soaps
EOQ = √[(2 x S x D) / H]
S = order cost = $10
D = annual demand = 16 x 365 = 5,840
H = $0.05
EOQ = √[(2 x $10 x 5,840) / $0.05] = 1,528.40 ≈ 1,528 soaps
b) total order costs per year = (5,840 / 1,528) x $10 = $38.22
total holding costs = (1,528 / 2) x $0.05 = $38.20
total annual ordering and holding costs = $76.42
Answer:
In my opinion, a profitable business owner is distinguished by the following seven characteristics:
They are visionaries.
They build teams.
They focus on scaling their business.
They know their numbers.
They take fiscal responsibility.
They charge more than it costs.
They keep fear at bay.
Explanation:
Answer:
$237
Explanation:
From the information given
Using FIFO perpetual inventory method, we have
(8 × 11) + (11 × 10) + (3 × 13)
= 88 + 110 + 39
= 237
Therefore, cost of 22 units sold is $237
Note: FIFO perpetual inventory method is a cost flow tracking system where the first unit of inventory acquired is the first unit of inventory sold. So in this case, we calculated the cost of the first 22 unit acquired.
