Answer:
(C) $10,000
Explanation:
Debit Accounts Receivable for $10,000
Answer:
a. records the returned asset in a separate inventory account.
Explanation:
The sales represent the sales revenue for how much sales are made during a particular period.
If the sales are made having a right to return the inventory the same is to be recorded in the separate inventory account so that it could be easy to identify plus it will help at the time of preparing the financial statements
Answer:
a) Average demand during the lead time = Sum of all the historical demand during lead time / Number of periods
= (55+75+75+70+80+60+50+70+60+85) / 10
= 680 / 10
= 68 gallons
b) Standard deviation of demand during lead time(\sigmadL) = 8.5 gallons
At 95% service level,value of Z = 1.65
Safety stock = Z(\sigmadL) = 1.65(8.5) = 14.03 gallons
c) Reorder point = Average demand during the lead time + Safety stock
= 68 + 14.03
= 82.03 gallons
Solution:
A) Nominal GDP Growth was:
($11500000.00 - $10000000.00) ÷ $10000000.00 = 0.15 = 15%
B) Economic growth: 15% - 3.00% - 3.25% = 8.75%
C) Inflation: The %Δ price level is also known as inflation. So, in this case, inflation is 3.00%.
D) Real GDP growth : 15% - 3.00% = 12%
E) Per capita GDP growth: 15% - 3.25% = 11.75%
F) Real per capita GDP growth: 15% - 3.00% - 3.25% = 8.75%