The inventory level will be used by an inventory
manager to regulate the optimal time for manufacturing, if they are handling
a manufacturer's warehouse, or to demand more if the product is being stored as
stock at a store.
To solve this:
Get first the Current Assets this solved by multiplying the
current liabilities to the current ratio.
CA = $500 (1.5) = $750
Then get the inventory level by multiplying the current
asset to the product of the current liabilities and quick ratio.
Inventory level = $750 (500 x 1.1) = $412,500
Answer:
a. In response to concerns from business leaders, a legislator has designed a new tariff on raw materials used by many manufacturing firms. The legislator felt the new tariff was necessary based on input from the private sector that new discoveries of natural resources abroad would threaten to put domestic producers of raw materials out of business. To meet this goal, this tariff will charge $1,500 on every crate of the imported goods plus an additional 6% of the total value of the imported goods.
- protective tariff since it is designed to protect domestic industries from competition of out of state producers. It is designed to increase the price of imported goods.
b. In an effort to balance next year's budget, a senator has proposed a new tariff. She proposed the new tariff with a goal of raising a total of $100 million, To meet this goal, this tariff will charge $2,000 on every ton that is imported.
- revenue tariff since its main purpose is to increase government revenue, not to protect domestic industries.
Answer:
When you invest in the stock market your are buying a small piece of a company. Let's say you think that elon musk will evolve tesla's and tesla will be the largest car brand around the world. Then you would want to buy a piece of tesla so that you can make money as the company grows.
Why would you want to invest in the stock market?
In this modern day companies are growing more than ever and will continue to as long as companies and businesses are around, and this is how you can make money in the stock market. Back in the day stocks like netflix, amazon and apple were as low as $5 a share and this was when the companies weren't as famous. As these industries and companies started to grow, you can see the growth of the stock price over the course of time. If you bought multiple shares of these stocks back when it was only $5 for ONE share, you would have a lot of money just made in the stock market.
The stock market goes up and down due to supply and demand. Prices go up when there are more buyers than sellers and will go down if there are more sellers than buyers.
I don't know if this answers your question completely but this is just a basic explanation.
Explanation:
Answer:
Break-even point in units= 770
Explanation:
Giving the following information:
Selling price= $500
Unitary variable cost= $260
Fixed costs= $184,800
<u>To calculate the break-even point in units using the mathematical equation, we need to use the following formula:</u>
<u></u>
Net income= unit contribution margin*x - fixed costs
x= number of units
0= (500 - 260)*x - 184,800
184,800/240 = x
770=x
<u>Now, under the unit contribution margin method:</u>
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 184,800/240
Break-even point in units= 770
Answer:
$13,013
Explanation:
Mary's monthly payment = principal / PV annuity factor
principal = $33,000
PV annuity factor, 1.5%, 36 periods = 27.6607
monthly payment = $33,000 / 27.6607 = $1,193.0284 ≈ $1,193.03
I prepared an amortization schedule using excel to determine the loan balance after the 24th payment = $13,013
