Specific: Well defined, clear, and unambiguous
Measurable: With specific criteria that measure your progress towards the accomplishment of the goal
Achievable: Attainable and not impossible to achieve
Realistic: Within reach, relevant
Timely: With a clearly defined timeline, including a starting date and a target date
<span>D. serve as a guide to a numeric filing system.</span>
Answer:
b. Relevant range includes all possible levels of activity that a company might experience.
Explanation:
In the cost-volume profit analysis, there are following assumptions which are described below:
1. There are two types of cost i.e variable cost and the fixed cost.
2. The sale mix remains same in case of multi product company
3. The volume of sales equals to volume of production
4. The cost is linear over the appropriate range i.e variable cost per unit and the fixed cost which remains same plus the selling price is also constant.
Answer:
-$155,000
Explanation:
The quantity of inventory that would be reduced= -105000
The decrease in parts inventory = 10000
Decrease from year 1 to 6 = -10000*6
= -60000
Then the net working capital
= 105000 + 10000 - 60000
= $155000
Therefore the net working capital for this project in the sixth year is = -$155000
