If you have a problem with your creditor, the best solution is to:

As of December 31, the Stanford company has the following information. Use this information to answer questions 1 to 3. Cash $5,

Veseljchak [2.6K]

Answer:

$10,500

Explanation:

Calculation for Stanford Company's Working Capital

Using this formula

Working capital =Current Assets- Current Liabilities

Where,

Current Assets = Cash + Accounts Receivable + Inventory + Prepaid Insurance

Current Assets = ($5,000 + $15,000 + $40,000 + $3,000) = $63,000

Current Liabilities = Accounts Payable + Notes Payable in 5 Months + Salary Payable

Current Liabilities = ($15,000 + $12,500 + $25,000) = $52,500

Let plug in the formula

Working capital =$63,000-$52,500

Working capital =$10,500

Therefore the Working Capital for Stanford Company will be $10,500

5 0

3 years ago

Other things the same, if the exchange rate changes from 30 thai bhat per dollar to 25 thai bhat per dollar, then the dollar has

Oxana [17]

Other things the same, if the exchange rate changes from 30 thai bhat per dollar to 25 thai bhat per dollar, then the dollar has been depreciated due to which less quantity could be purchased.

This is because of currency depreciation.

Currency depreciation is the fall in the value of a currency in terms of its exchange rate versus other currencies. Currency depreciation can occur due to many factors such as interest rate differentials, political instability, economic fundamentals, or risk aversion among investors.

Easy monetary policy and high inflation are two leading causes of currency depreciation. When interest rates are low, hundreds of billions of dollars chase the highest yield.

To know more about currency depreciation here:

brainly.com/question/17198286

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6 0

2 years ago

Joanna is the manager of a luxury hotel. All her team members are required to follow a code of conduct. If they do so consistent

melamori03 [73]

Joanna is using bureaucratic control .

Option C

<u>Explanation: </u>

Joanna uses her employee’s in this case operational order. Bureaucratic management is the top-down supervision where supervisors try to influence the actions of workers by re-compensation or discipline of employees for their enforcement or violation of corporate rules, legislation and protocol.

The use of rules, regulations, power structure, written records, recognition structures and other structured frameworks to manipulate worker attitudes and measure performance is administrative regulation. Administrative legislation can be used if acts that require or price services can be controlled.

Bureaucratic regulations are used to guarantee that large organizations operate effectively, where face-to-face contact becomes difficult or where realistic and informal regulatory procedures are perhaps unsatisfactory.

5 0

4 years ago

Weekly demand for private label washing machines at Arcelik, a Turkish department store chain, is normally distributed with a me

Vesna [10]

Answer:

Check the explanation

Explanation:

Mean, D = 500

Standard deviation, ao = 300

Mean, L = 9 weeks

Standard deviation, .s1 = 6 weeks

Use the following formula to calculate safety stock level:

Safety stock = $2.33 X \sqrt[]{9} X 300$ = 2093.7

In case of European supplier,

Safety stock = $2.33X\sqrt{1}X300$ = 699

Kindly check the attached images below to see the spreadsheet solution to the question above

8 0

3 years ago

The Plastic Flowerpots Company has two manufacturing departments, molding and packaging. At the beginning of the month, the mold

cricket20 [7]

Answer:

The Plastic Flowerpots Company

A) Equivalent units of production:

Started and completed = 17,600

Ending WIP = 2,400

Total equivalent units = 20,000

B) Cost per equivalent unit of production:

Cost per equivalent unit = $27,900/20,000

= $1.40

Explanation:

a) Data:

Molding department:

Units started = 18,000

Ending WIP = 3,000

Degree of completion = 80% for WIP

Cost:

Beginning WIP: Direct materials $1,200

Direct materials during the month = $27,900

a) Equivalent units of production for materials:

Beginning WIP = 2,000

Started 18,000

Ending WIP (2,400) (80% of 3,000)

Completed 17,600

Started and completed = 17,600

Ending WIP = 2,400

Total equivalent units = 20,000

b) Cost per equivalent unit of production for materials:

Cost of materials $27,900

Equivalent units = 20,000

Cost per equivalent unit = $27,900/20,000

= $1.395

= $1.40

3 0

3 years ago