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Ugo [173]
3 years ago
5

Which financial planning document should you use to measure your current financial​ condition?

Business
1 answer:
fiasKO [112]3 years ago
3 0

Answer:

Balance Sheet / Statement of Financial position is used to measure the current financial position of the company.

Explanation:

Balance Sheet / Statement of Financial position is used to measure the current financial position of the company. It shows the value of assets liabilities and capital invested in the company. It also provides the net financial value of the company after paying all the liabilities. On the other hand the Income statement or Statement of Financial performance shows the performance of the company in a specified period of time.

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A company produces and sells 6,400 recliners each year. Each production run has a fixed cost of $400 and an additional cost of $
Taya2010 [7]

Answer:

800 Recliners

Explanation:

Calculation for the optimal number of recliners the company should make during each production run

Using this formula

Economic Order Quantity (EOQ) =√ [(2 D x S) / C]

Where,

Annual Demand (D) = 6,400 Recliners

Fixed Ordering Cost (S) = $400

Carrying cost per recliner (C) = $8

Let plug in the formula

Economic Order Quantity (EOQ)= √[(2 x 6,400 x $400) / $8]

Economic Order Quantity (EOQ)=√$5,120,000/$8

Economic Order Quantity (EOQ)=√$640,000

Economic Order Quantity (EOQ)= 800 Recliners

Therefore the optimal number of recliners the company should make during each production run will be 800 Recliners

8 0
3 years ago
Several artists in Charleston, South Carolina, show and sell their work in an art gallery downtown. The gallery is owned by an a
Elena L [17]

Answer:

Wholesaler

Explanation:

The distribution channel is defined or referred to as the overall or whole flow of the information as well as the goods and services from the original manufacturer to the final consumers. And the wholesaler is the one which is known as the distributor, acquire the goods from the manufacturer holds them in the distribution centre and then sells it to the retailers.

So, in this case, in the terms of channel of marketing, the gallery will be referred to as the wholesaler.

4 0
3 years ago
What are spot rates and forward rates? Purple Panda Importers, a U.S. company, produces and exports industrial machinery oversea
Fudgin [204]

Answer:

1. As you have to spend more Yens for 1 USD at future date, it means that Yen is selling at discount in the forward market relative to the US Dollar.

2. The spot exchange rate is ¥132.78 per dollar, hence, total dollars Purple Panda Importers will receive today is ¥625 million/¥132.78 = $4.71 million

3.  Purple Panda Importers would get more dollars if the Japanese firm paid off its account <u>today</u>.That is, he will get more money if the account is paid today.

5 0
3 years ago
Commercial paper investments are ___. (Select all that apply.)
Nataly [62]

Answer: Less than one year, guaranteed returns , and a money market product

What I put for my answer think its right

Explanation:

7 0
3 years ago
Cracking the Sales Management Code: The Secrets to Measuring and Managing Sales Performance is a Book by _______ and _______.
blagie [28]

Cracking the Sales Management Code: The Secrets to Measuring and Managing Sales Performance is a Book by Jason Jordan and Michelle Vazzana.

Explanation:

The cracking of the Sales Management Code addresses the realistic aspects of sales management in the new era and fills a gap. "Cracking the Sales Management Code fills this hole by providing basic information about the functioning of the sales force.

Improve sales by nullifying metrics which are relevant most, "sales may be an art, but sales management is a science. Crashing the Sales Management Code exposes research and offers practical steps to recognize benchmarks needed to succeed."

7 0
4 years ago
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