Answer:
d. 130
Explanation:
Using the given date to calculate Reorder Point:
Reorder Point = (Average demand*Lead time) + Safety stock
Reorder Point = (20*4) + 50
Reorder Point = 80 + 50
Reorder Point = 130
Thus, the ROP is <u>130</u>.
Answer:
The correct answer is letter "C": Larger, lower.
Explanation:
According to different researches carried out across the U.S., young adults who are between 18 and 29 years old have a total debt to $1.05 trillion. Individuals' debt who are older than 70 is $1 trillion. The average debt amount that young adults (18-29) have is $22,000 while elder people from 50 years old and on is $36,000.
Then, <em>young adults have larger accumulated debt than elders and their debt amounts are lower as well.</em>
Answer:
Assets would be increased by $15,000 while owner's equity will also increase by $15,000.
Explanation:
The accounting equation shows the relationship between the elements of a balance sheet which are assets, liabilities and owner's equity.
it is given as
Assets = Liabilities + Owners equity
When a business owner invests an amount into a business, it means money is available for the business to operate hence cash is recognized as an asset. However, the owners equity also goes up by the amount invested.
Answer:
The curve and calculation are attached below
The following journal entries are to be passed in the books of Moses Supply co. for the year.
<u>Explanation:</u>
date particulars and details debit credit
nov 1 Notes receivable 60000
cash 60000
Dec 11 Notes receiavble 3600
sales 3600
Dec 16 Notes receivable 12000
Accounst receivable 12000
Dec 31 Interest receivable 760
Interest revenue 760
<u>Interest calculation is as follows:</u>
Nov 1 Interest = $60000 multiply 7% multiply 2 by 12 = $700
Dec 11 Interest = $3600 multiply 8% multiply 20by 365 = $16
Dec 16 Interest = $12000 multiply 9% multiply 15 by 365 = $44
Total = $760