Answer:
The correct answer is letter "C": The more inventory the higher the in-stock probability.
Explanation:
If a company inventory increases it implies it has bought more than what it has sold. When inventory increases the company can meet more demand, increasing the likelihood of satisfying all customers. Though, if the demand does not increase, the excess in supply could be reflected as negative in the balance sheet.
Answer:
Answer is explained and solved in the explanation section below.
Explanation:
Data Given:
First we need to clearly extract the data from the question.
Sales of the year = 5000000
Increase in Sales (%) = 20%
Profit Margin = 4%
Retention Ratio = 100%
Dividend Payout = 0
1. Increase in Assets necessary to support increase in Sales = Increase in Sales x total Assets = 20% x 3000000 = 600000
2. Increase in Liabilities necessary to support increase in Sales = Increase in Sales x Total Liabilities Accounts payable + Accrued Liabilities + other payables = 20% x 500000 = 100000
3. Net Income = 5000000 x (1 + 0.20) x 4% = 240,000
So Addition of Retained Earnings = 100% = 240,000
4. AFN = Increase in Assets - Increase in Liabilities - Increase in Retained Earnings = 600000 - 100000 - 240000 = 260000
Under this scenario, the company would have higher level of retained earnings which would reduce the amount of additional funds needed.
Answer:
22,361,183.
Explanation:
Given that,
Active duty personnel in all armed services = 1,361,183
Veteran population at the end of 2014 = 21,000,000
Average cost of life insurance = $750 per year
No. of buyers in the market:
= Total Active duty personnel in all armed services + Total Veteran population at the end of 2014
= 1,361,183 + 21,000,000
= 22,361,183
Therefore, the number of buyers in the market can be estimated as 22,361,183.
Answer:
$1,100
Explanation:
Computation for the Work-in-Process transferred to the finished goods warehouse on April 30
Work-In-Process Inventory, April 1 300
Direct materials used in production 225
Direct labor costs incurred 400
Manufacturing overhead costs 350
Less Work-In-Process Inventory, April 30 ($175)
Work-in-Process transferred to the finished goods warehouse $1,100
Therefore the Work-in-Process transferred to the finished goods warehouse on April 30 will be $1,100
True because managers are in charge of everything that is under them.