Answer:
Range is : (0, 0.1x)
Explanation:
Problem has no information about amount of salary, so I will just use 'x' and 'y'.
Problem says that vehicle payment should be no more than 10% of gross monthly salary. This means that vehicle payment (Y) equals to 0.1 (10%) multiplied by gross monthly salary, which is stated as 'X'.
From this y = 0.1 X;
Next, if we want to identify range of payments: (0; 0.1X).
This means that any amount of money between 0 and 0.1X is acceptable.
51.2 days in inventory ratio decrease as a result of the switch to the JIT system
Explanation:
Just in time (JIT) output is a process technique designed to reduce the processing cycles of production systems, as well as the reaction times of manufacturers and consumers. JIT production allows companies, while lowering costs, to manage variation in their operations.
Inventory turnover shall be calculated by the split price of products sold by average stock before days in inventory can also be determined.
Inventory turnover = 3.9 times ($624,000/160,000) in 2016 and
8.6 times ($688,000/80,000) in 2017.
Dividing 365 by stock days in every statistic results of 93.6 and 42.4 days, respectively, a decrease of 51.2 days.
Answer:
a. cost of debt
Explanation:
The formula to compute the weighted average cost of capital is shown below:
= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of preferred stock) × (cost of preferred stock) + (Weightage of common stock) × (cost of common stock)
Since the payment for the dividend is not entitled to a tax deduction but the payment for interest is entitled to a tax deduction. And, the after-tax is considered for the cost of debt and the same is shown in the formula above
Answer:
Conversation
Explanation:
According to Dean Jarley, The EXCHANGE is a place in the college where conversation happen in order to create a culture of engagement.
Dean Jarley said that 'the idea behind The Exchange is simple' because education at its highest level happens when people are given the opportunity to interact, discuss and have a conversation with some other person who has brilliant ideas to share.
Furthermore, Dean Jarley believes that the more opportunities people have to engage in such conversations, the more they are likely to exchange brilliant ideas and the more learning will occur.
Answer:
Reserve requirements have an indirect relationship with the money supply
Explanation:
Reserve requirements are a portion of customer deposits a bank is supposed to keep in its custody at all times. The federal reserve gives guidance on the proposition of reserve requirement that a bank should hold. Reserve requirement is usually a percentage of the deposits. Banks cannot loan out their reserves.
Reserve requirements have an inverse relationship with the money supply in the economy. If the reserve requirement is high, banks will have a lower proposition of customer deposits to loan out. When reserve requirement is low, banks will have a bigger proposition of deposits to loan out, thereby increasing the money supply in the economy.
