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Step2247 [10]
3 years ago
9

Barron Industries has the following information: Sales Revenue $ 645,000 Ending inventory 69,000 Cost of Goods Sold 490,000 Begi

nning inventory 59,000 What is Barron’s number of days to sell? (Round intermediate calculations to 2 decimal places. Assume 365 days a year.)
Business
1 answer:
Natasha_Volkova [10]3 years ago
6 0

Answer:

47.67 days

Explanation:

The computation of the number of days to sell is shown below:

Number of days to sell is

= Average inventory ÷ Cost of goods sold × Total number of days in a year

Where

Annual inventory is

= (Beginning inventory + ending inventory) ÷ 2

= ($59,000 + $69,000) ÷ 2

= $64,000

So the number of days to sell is

= $64,000 ÷ $490,000 × 365 days

= 47.67 days

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Saphire Company budgeted the following production in units for the second quarter of the year:
Ugo [173]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Sales:

April 45,000

May 38,000

June 42,000

Each unit requires one pound of raw material. Saphire's policy is to have 30% of the following month's production needs for materials in inventory.

A) Budgeted production= sales + desired ending inventory - beginning inventory

Budgeted production:

Sales=38,000

Ending inventory= 42,000*0.3= 12,600

Beginning inventory= 38,000*0.3= (11,400)

Total= 39,200

B) Desired beginning inventory= budgeted sales*30%

Beginning inventory= 42,000*0.3= 12,600

6 0
3 years ago
While storms could be a cause, power _________ are more likely to be caused by disturbances from high-demand equipment in a home
Vinil7 [7]
I think the answer is “outages”? But I’m not completely sure.
5 0
3 years ago
Name any five diversity issues that affect the fashion industry​
Natasha_Volkova [10]

Answer:

People of color, size, height. Even gender, I feel fashion is thrown more towards women than men, sexuality/trans and sexism.

Explanation:

People of color- The fashion industry over the year has become way more diverse in the subject of race, they have invited more models over the years with diffrent races and have made culture including clothes. I still feel it is not 100% perfect with eqaulity in the modeling industery but in the eyes of fashion, I think it's getting to a great point.

Size- Size is a big one why is a model always skinny, why is a must for the clothes. Why can't it be way more diverse from size 0 to size 30, it's about how you wear the clothes that matters, not the weight of the model. it would  be a huge boost in confidence to bigger people and show great diversity in the world of fashion. .

Height- This is the same thing as size, models who wear the clothes are always tall make clothes for short people. Be more diverse, serisoly make clothes for men/women/short/tall/size0/size30.

Gender- The fashion industy has always always gone more towards women. I mean, dresses, shoes, hats, gloves, skirts, shirts, thats a lot of money to bank on. I mean, I totally get why the fashoin industy would go towards women we are taught the fashion is only for women but it's 100% not just for women. which leads into my fith point-

Sexism- Why don't men wear dresses and women wear suits. i'm sorry but it is 2021 who the f cares what you are wearing as long as you look great. I can't even begin to tell you my exciment that Gucci designed a dress for Harry Styles. He looked amazing and it was a beautiful diverse way to show that men can wear dresses too. Fashion is an art that should be outside of the box and diverse, but we keep puting it into a tiny box with the same stuff.

Please don't take my grammer seriously or my spelling. Thank you!

7 0
2 years ago
n its 2016 annual report, Lockheed Martin reports net earnings of $5,302 and dividends paid of $2,048. Your forecast of the net
KiRa [710]

Answer:

$2,126 million

Explanation:

Calculation for the Projected dividends for 2017

Using this formula

Projected dividends for 2017=2107 Forescated net income ×(2016 Dividends/2016 Net Income )

Let plug in the formula

Projected dividends for 2017=$5,504 million × ($2,048 million / $5,302 million)

Projected dividends for 2017=$5,504 million×0.38626933

Projected dividends for 2017 = $2,126

Therefore the Projected dividends for 2017 will be $2,126 million

5 0
2 years ago
Suppose you buy 100 shares of stock initially selling for $50, borrowing 25% of the necessary funds from your broker; that is, t
lana [24]

Answer:

money invest is $3750

amount of loan owned to broker = $1350

when selling price is $40 rate of return = - 29.33%

when selling price is $50  rate of return = - 2.67%

when selling price is $60  rate of return = 24%

Explanation:

given data

No of share = 100

initial selling = $50

borrow = 25%

initial margin purchase = 25%

interest rate = 8%

to find out

How much money invest and How much borrow from broker and rate of return at end of 1 year at (i) $40, (ii) $50, (iii) $60

solution

we know total investment is here

total investment = No of share × initial selling per share

total investment = 100 × 50

total investment = $5000

so

borrow fund is = 0.25 × 5000 = $1250

and Equity invest = total investment - borrow fund

equity invest = 5000 - 1250 = $3750

and

amount of loan own to broker at the end of year is

amount of loan = borrow fund × ( 1 + rate )

amount of loan = 1250 ( 1 + 0.08)

amount of loan owned to broker = $1350

and

selling price here after 1 year is $40

so rate of return is = \frac{(no of share * selling price) -loan amount - equity invested}{equity invested}     ........................1

rate of return is = \frac{(100 * 40) - 1350 - 3750}{3750}

rate of return = - 29.33%

and

selling price here after 1 year is $50

put here value

rate of return is = \frac{(100 * 50) - 1350 - 3750}{3750}

rate of return = - 2.67%

and

selling price here after 1 year is $60 so from equation 1

put the value

rate of return is = \frac{(100 * 60) - 1350 - 3750}{3750}

rate of return = 24%

7 0
3 years ago
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