Answer:
Explanation:
Just in time or JIT is an inventory management strategy that aims at availing goods or raw materials when they are needed for production. JIT aligns materials delivery schedules with the production timetable. This strategy increases efficiency and reduces wastage by ordering goods only when they are required.
For just in time strategy to be successful, a business must have reliable suppliers. Purchasing inventory in bulk holds a lot of capital. By implementing JIT, a company will manage its cash flow better. JIT helps reduces wastage as items stored in bulk are likely to get damaged or lost.
H&M has adopted a Just in time inventory management strategy due to the low level of merchandise held. Frequent ordering suggests that the orders are based on requirements. H&M must be keen on its order management strategy to avoids the risks of frequent stock-outs.
Answer:
9/4 = 2 1/4 = 2.25
Explanation:
1 serving = 1/4 brown stock
9 servings = x brown stock
Do cross mutliplication and divide:
(9 x 1/4) ÷1
9/4 = 2 1/4 = 2.25
Answer:
$541 Unfavorable
Explanation:
Flexible budget for food and supplies = Fixed expenses + (Actual activity * Variable cost per tenant day)
Flexible budget for food and supplies = $1,600 + (3,740 * $14.10)
Flexible budget for food and supplies = $1,600 + $52,734
Flexible budget for food and supplies = $54,334
Spending variance = Actual results - Flexible budget
Spending variance = $54,875 - $54,334
Spending variance = $541 Unfavorable
Answer:
PV = 1.35
FV = 1.8
n = 3
a. Growth rate = Rate(N, -PV, FV)
Growth rate = Rate(3, -1.35, 1.8)
Growth rate = 0.10
Growth rate = 10%
B. Cost of debt Kd (After tax) = 11.5%*(1-0.30) = 8.05%
Cost of preference share Kp = Dividend/Price = 7.6 /[80*(1 - 0.025)] = 9.74%
Cost of equity Ke = D1/P0+g = 1.8/60 + 0.1 = 0.03+0.1 = 0.13 = 13%
c. Source Weight A COC(%)(B) Weight cost of capital(A*B)
Debt 25% 8.05% 2.01%
Preferred stock 10% 9.74% 0.97%
Common stock 65% 13.00% <u>8.45%</u>
Weighted average cost of capital <u>11.44%</u>