Answer:
$750
Explanation:
Since Iba's estimate of returned products is 20 units for both year 1 and 2, and only 10 units have been returned by the end of year 1, they must record a refund liability = 10 units x selling price = 10 units x $75 per unit = $750
Refund liability should represent the total amount that Iba considers that its clients are entitled to receive.
Answer:
(a):Annual demand = 10 packages per day*260 days per year = 2600 packages per year.
H = $1 and S = $10.
Thus Order quantity = (2*2600*10/1)^0.5 = 228 packages
(b): Total annual inventory control cost = Q/2*H + D/Q*S
= 228/2*1 + 2600/228*10
= 114 + 114.03
= 228.03
(c): Yes both annual ordering costs and holding costs are equal at $114.
(d): In case of order quantity of 100 packages the cost will be = 100/2*1 + 2600/100*10
= 50 + 260
= 310.
Thus the cost figure of $310 in case of 100 packages is more than the cost of $228.03 when 228 packages are ordered. Hence I will recommend that the office manager use the optimal order quantity instead of 100 packages.
Answer:
The Net cash is 224.000
Explanation:
To get net cash flow using the indirect method we must make adjustment to the net income.
It depends on the movement if it is added or subtracted to net income
In this case,
Net income 252.000
+ Depreciation expense 26.000
- Increase in accounts receivable (15.000)
- inventory increased (40.000)
+ decreased Prepaid expenses 2.000
- accounts payable decreased (4.000)
+ loss on the sale of equipment 3.000
Net cash 224.000
The source of energy during the energy investment phase of Glycosis are two ATP molecules.
Explanation:
During the energy investment phase of glycolysis , the energy source comes from two ATP molecules which then results in the formation of the two molecules of glyceraldehyde phosphate.
The two molecules of glyceraldehyde phosphate are then used for the second process of glycosis in which energy is emanated and not invested.
Glycosis is the process that is characterized by the breakdown of enzymes into smaller molecules and constituent elements.
Answer:
C. Increased personal computer purchases in response to a decline in their price
E. Greater use of fuel-efficient cars after gasoline prices increase
Explanation: