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Simora [160]
3 years ago
15

________ determines the point at which the sum of carrying costs and ordering costs are minimized, or the point at which carryin

g costs equal ordering costs. Group of answer choices Reorder point Economic Order Quantity When to order Inventory turnover
Business
1 answer:
galben [10]3 years ago
7 0

Answer:

Economic Order Quantity

Explanation:

The economic order quantity is the quantity at which the ordering cost and the carrying cost is minimized and equivalent to each other. It is the quantity that should be purchased by the company so that the cost of ordering and the holding cost could be less

The formula to compute it is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

Hence, the correct option is b i.e. economic order quantity

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What is the FIRST action you should take if you suspect there has been a fraudulent charge on your credit card?
ICE Princess25 [194]

Call up the credit card company and have them look into it

3 0
3 years ago
Read 2 more answers
A company received $11,000 cash in exchange for 200 shares of the company’s common stock. What would the effect of this transact
MAVERICK [17]

Answer:

B. $11,000 increase in Assets; No effect on Liabilities; $11,000 increase in Stockholders’ Equity

Explanation:

As the company received cash in exchange for the common stock. So, it affect the accounting equation which is shown below:

Total Assets = Total liabilities + Total  stockholder equity

The journal entry is shown below for better understanding:

Cash A/c Dr XXXXX

     To Common stock XXXXX

     To Additional Paid-in capital - in excess of  par XXXXX

(Being cash is received)

So, it would not impact the total liabilities

7 0
3 years ago
If Medicaid is expanded to cover a greater percentage of the population: the public debt will immediately increase. implicit lia
ziro4ka [17]

Answer: implicit liabilities will increase.

Explanation:

Implicit liabilities are incurred by government as a result of them having to take care of their citizens. Medicaid is one such liability.

If the government were to expand the percentage of people in the country that are to be covered by medical aid, this would mean that more Medicaid will be paid by the government which means that the implicit liabilities will increase.

8 0
3 years ago
Christie and Jergens formed a partnership with capital contributions of $390,000 and $490,000, respectively. Their partnership a
xxMikexx [17]

Answer:

Christie 's share =  $ 37759.09

Jergens Share = $ 47,441

Explanation:

Partner's Profit share are calculated after the deduction of salary or any other interest incomes.

Profit for the current year = $ 163,000

Christie' s Salary                    $ 69,000

Christie Interest Income          $ 3900

10 % 0f $ 390,000

Jergens  Interest Income         $ 4900

10 % 0f $ 490,000

Profit  Balance                                       $ 85,200

Profit Sharing Ratio

Christie : Jergens

390,000: 490,000

39: 49

Christie 's share = $ 85,200 * 39/88= $ 37759.09

Jergens Share = $ 85,200 * 49/88= 47440.9= $ 47,441

6 0
3 years ago
The budgeting process that involves adding a month to the end of the budget period at the end of each month, thus maintaining a
In-s [12.5K]

Answer:

b. continuous budgeting

Explanation:

Continuous budgeting (sometimes referred to as rolling budgeting) involves continually adding an additional month to the end of a multi-period budget as each month goes by.

The continuous budgeting concept is usually applied to a twelve-month budget, so there is always a full year budget in place.

4 0
3 years ago
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