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3 years ago

12

When technology is progressing rapidly, firms are more likely to:?

1 answer:

vova2212 [387]3 years ago

6 0

When technology is progressing rapidly, firms are more likely to;

commit themselves to fixed assets.

focus on developing the necessary skills in-house.

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Southern Hydraulic Supply is undertaking a review of their inventory policies. A typical product is a small hydraulic fitting. C

zheka24 [161]

Answer:

$418,550

Explanation:

Steps are shown below:

a. The computation of the economic order quantity is shown below:

= $\sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}$

= $\sqrt{\frac{2\times \text{52,000}\times \text{\$50}}{\text{\$1.25}}}$

= 2,040 units

b. The number of orders would be equal to

= Annual demand ÷ economic order quantity

= $52,000 ÷ 2,040 units

= 25.49 orders

c. The average inventory would equal to

= Economic order quantity ÷ 2

= 2040 units ÷ 2

= 1,020 units

d. The total cost of ordering cost and carrying cost equals to

Ordering cost = Number of orders × ordering cost per order

= 25.49 orders × $50

= $1,275

Carrying cost = average inventory × carrying cost per unit

= 1,020 units × $1.25

= $1,275

So, the total annual cost would be

= Purchase cost + ordering cost + carrying cost

= $416,000 + $1,275 + $1,275

= $418,550

Purchase cost = Annual demand × cost per unit

= 52,000 × $8

= $416,000

6 0

3 years ago

There are two ways of calculating present and future values when there are multiple cash flows. Both approaches are straightforw

Vsevolod [243]

Answer:

bb bnb hb

Explanation:

mn mn nm mn mn mnbhvgcgfcgcbvcgfcvbvbvbv

3 0

3 years ago

Horizon Financial Inc. was organized on February 28. Projected selling and administrative expenses for each of the first three m

ASHA 777 [7]

Answer:

Depreciation, insurance, and property taxes represent $27,000 of the estimated monthly expenses so will have to be removed to find out how much is due in the month.

March April May

March Expenses :

Paid in March $73,112

Paid in April $25,688

April Expenses :

Paid in April $66, 600

Paid in May $23,400

May Expenses :

Paid in May $‭58,830‬

Total Cash Payment $73,112 $92,288 $82,230

<h2>Working </h2>

March Expenses

Paid in March ((125,800 - 27,000)* 74%) = $73,112

Paid in April ((125,800 - 27,000)*26%) = $25,688.

April Expenses

Paid in April ((117,000 - 27,000)*74%) = $66, 600

Paid in May ((117,000 - 27,000)*26%) = $23,400

May Expenses

Paid in May ((106,500 - 27,000)*74%) = $‭58,830‬

4 0

3 years ago

Evaluating manager's performance on financial measures only has

Pani-rosa [81]

It is to be noted that when evaluating a manager's performance on financial measures there are some limitations. Hence, companies should consider measures nonfinancial to help evaluate manager performance.

Since Desktop Computer Company would like to calculate their cash conversion cycle, the factors included in computing this metric are:

days' sales in accounts receivable
days' sales in accounts payable (aka days payables outstanding)
days' sales in inventory.

<h3>What is Performance evaluation?</h3>

A performance assessment, also known as a performance review, performance evaluation, development talk, or employee appraisal, is a periodic and systematic procedure that documents and evaluates an employee's work performance.

The significance of successful performance evaluations is that they enable managers to provide fair and actionable feedback to their direct subordinates. This may boost employee engagement by providing significant praise and encouragement, as well as creating clear avenues for employee progress that are based on responsibility.

Learn more about performance evaluation:
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#SPJ1

4 0

1 year ago

A property has a replacement cost new of $350,000. It has an effective age of 20 years and a total expected economic life of 65

DIA [1.3K]

Answer:

$234,606

Explanation:

actual replacement cost = $350,000

effective age = 20 years

total economic life = 65 years

years left = 65 - 20 = 45 years

curable items = $45,000 ⇒ effective age 15 years

value of the property using modified age-life basis = (replacement cost - curable items) x (effective age / total economic life)

= ($350,000 - $45,000) - (15 years / 65 years) = $305,000 - 23.08% = $234,606

3 0

3 years ago