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3 years ago

What is a rental inventory and why is it a good idea to have one?

1 answer:

3 0

A rental inventory is basically like people rent you things. Cars, and lots of stuff. its a good idea to have a rental inventory because you can rent people things in a business.

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The case study method is most effective in:A. Proving out theoryB. Narrowing the gap between theory and practiceC. Simulating re

tino4ka555 [31]

Answer:

Letter B is correct. <u>Narrowing the gap between theory and practice.</u>

Explanation:

Case study is an investigative methodological approach applied to simple or applied social sciences. It is carried out through the use of different qualitative methods for the collection of data and information relevant to the foundation of the research. The qualitative method is the most appropriate in a case study, as it occurs through subjective and not substantially statistical means of in-depth analysis of relevant factors in an event, an individual, an institution, a group and others.

Case studies can be classified as:

exploratory,
descriptive, or
explanatory.

So it is correct to state that the purpose of the case study is to reduce the difference between theory and practice. Because the analysis of the information collected and the variables and patterns found will provide subsidies for the discussion and better understanding and reasoning between what happens between the theory and the practice analyzed in the case study.

3 0

3 years ago

Sheridan Company reports the following information (in millions) during a recent year: net sales, $17,371.2; net earnings, $481.

jeka57 [31]

Answer and Explanation:

The computation is shown below:

As we know that

1. Return on assets is

= Net income ÷ avg total assets

where,

Avg total assets is

= (opening total assets + closing total assets) ÷ 2

= ($6,806.4 + $6,899.2) ÷ 2

= $6,852.8

Now return on asset is

= $481.6 ÷ $6,852.8

= 7.0%

2. Assets turnover ratio = net sales ÷ avg total assets

= $17,371.2 ÷ $6,852.8

= 2.5 times

3. Profit margin = net income ÷net sales

= $481.6 ÷ $17,371.2

= 2.8%

8 0

3 years ago

Jefferson Company's demand for its only product exceeds its manufacturing capacity. The company provided the following informati

KATRIN_1 [288]

Answer:

1. Utilization rate = Operating time/Scheduled time

Utilization rate = 5,696/6,400

Utilization rate = 0.89

2. Efficiency rate = (Total output / Ideal run rate) / Operating time

Efficiency rate = (18,100/2) / 5,696

Efficiency rate = 9,050 / 5,696

Efficiency rate = 1.5888343

Efficiency rate = 1.59

3. Quality rate = Good units produced / Total units produced

Quality rate = 12,670 / 18,100

Quality rate = 0.70

4. Overall Equipment Effectiveness = Utilization rate * Efficiency rate * Quality rate

Overall Equipment Effectiveness = 0.89 * 1.59 * 0.70

Overall Equipment Effectiveness = 0.99057

Overall Equipment Effectiveness = 0.991

6 0

3 years ago

Osborn Manufacturing uses a predetermined overhead rate of 18.20 per direct labor-hour. This predetermined rate was based on 12,

Leto [7]

The correct statement is that the under applied overheads for Osborn Manufacturing Company is calculates as a negative balance of $5700 at the overhead rate of $18.20.

Explanation:

The calculation of the overhead costs is done by using the formula for under applied overheads and calculating the required values from such given information.

Calculation of manufacturing overheads

The formula for the calculation of manufacturing overheads whether under applied or over applied can be determined is as below,

Under - applied Overheads = Applied Overhead - Actual overhead

However, to calculate further the actual overheads can be calculated as below by applying the given values to the formula,

Applied Overheads = Actual Level of Direct labour hours x overhead rate hours

Applied Overheads = 11500 x 18.20

Applied Overheads = $209300

Now applying the values to the formula, we get,

Under - applied Overheads=209300 - 215000

Under - applied Overheads = -$5700

Hence, the correct statement is that under applied overheads for Osborn Manufacturing Company is calculated as a negative balance of $5700 at the overhead rate of $18.20.

Learn more about manufacturing overheads here:

brainly.com/question/13214087

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5 0

1 year ago

Suppose physical capital per worker increased to $60,000 between 1990 and 2000 and output per worker increased by $45,000 over t

Lisa [10]

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8 0

3 years ago