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2 years ago

Which of the following is an econmic need

Business

1 answer:

xeze [42]2 years ago

7 0

Answer:

what are the choices

Explanation:

bc i dont know

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Adong's Fishing Products is analyzing the performance of its cash management. On average, the firm holds inventory for 65 days,

tatuchka [14]

Answer:

A. $45

B. $80

C. $8,167

Explanation:

(a) Calculation to determine the firm's cash conversion cycle

Cash conversion cycle=$65 +$15 – $35

Cash conversion cycle=$45

Therefore the firm's cash conversion cycle is $45

(b) Calculation to determine the firm's operating cycle

Operating cycle =$65 +$15

Operating cycle=$80

Therefore the firm's operating cycle is $80

(c) Calculation to determine the daily expenditure and the firm's annual savings if the operating cycle is reduced by 15 days

First step is to calculate the Daily expenditure

Daily expenditure =$1,960,000/360

Daily expenditure=$5,444.44

Now let determine the Annual savings

Annual savings =$5,444.44 *15*0.10

Annual savings=$8,167

Therefore the daily expenditure and the firm's annual savings if the operating cycle is reduced by 15 days will be $8,167

5 0

2 years ago

Which theories of aging argue that the body's constant manufacturing of energy created by products that combine with various tox

jeka94

The answer is wear-and-tear theorists. Wear and tear speculations of natural maturing suggest that maturing in people and different creatures is just the aftereffect of widespread deteriorative procedures that work in any sorted out framework.

4 0

3 years ago

Gena Manufacturing Company has a fixed cost of $225,000 for the production of tubes. Estimated sales are 150,000 units. A before

kykrilka [37]

Answer: $2.33

Explanation:

The unit contribution margin that is required to attain the profit target will be calculated thus:

= (Fixed cost + Desired profit) / Estimated units

= ($225,000 + $125,000) / 150,000

= $350,000 / 150,000

= $2.33

Therefore, the unit contribution margin is $2.33

7 0

2 years ago

The manager of a retail store notices that 7% of the inventory is missing. She doesn’t know if the merchandise was stolen, lost,

hodyreva [135]

Answer:

<u>(D) inventory obsolescence</u>

Explanation:

It is known as the phase where the inventory is at the end or final stage of its product cycle. This inventory can be sold or used for the long run and is then not expected or liable to be given or sold in the future by the company.

As she doesn't know whether the inventory is missing or does not know if it has been broken or stolen, she can note this down and thus can asset for the criteria following the valid integrity testing.

8 0

3 years ago

Gordon Company reports the following information at the current fiscal year end of December 31: Common Stock, $0.10 par value pe

telo118 [61]

Answer:

$0.71

Explanation:

Calculation to determine What was the average selling price for the common stock issued

Using this formula

Common stock issued avarage selling price=

Paid-in Capital in Excess of Par-Common÷Common Stock par value per share

Let plug in the formula

Common stock issued avarage selling price=($600,000+$98,000)/($98,000÷$0.10)

Common stock issued avarage selling price=$698,000/$980,000

Common stock issued avarage selling price=$0.71

Therefore the average selling price for the common stock issued is $0.71

3 0

2 years ago