Answer:
The company's cash conversion cycle is 75 days
Explanation:
The conversion cycle is the number of days that a business takes to convert its investment in inventory into cash flowing from the purchase and sales of the business.
Conversion cycle = Payable days + Inventory in Stock days + Receivable days
where
Payable days = Purchases term = 30 days
Inventory in stock = Number of days until inventory remains unsold = 60 - 30 days = 30 days ( As payable days are already included in inventory conversion days )
Receivable days = Sales term = 15 days
Placing values in the formula
Conversion cycle = 30 days + 30 days + 15 days
Conversion Cycle = 75 days
Answer:
$112,500
Explanation:
Depreciation expense using the double declining method = Depreciation factor x cost of the asset
Depreciation factor = 2 x (1/useful life)
Depreciation expense in year 1 = 2/4 x $450,000 = $225,000
Book value at the beginning of year 2 = $450,000 - $225,000 = $225,000
Depreciation expense in year 2 = 2/4 x $225,000 = $112,500
Answer: utilitarian
Explanation:
Utilitarianism: this is one of the oldest, best known and most influential moral theories.
Like other forms of moral theories, its core principles is that whether an action is morally right or wrong depends on the final outcome or effects of such actions.
To be more specific, the only effects of actions that are relevant here are the good and bad results that they produce that such action produces nothing else matters.
Answer:
7 cases
Explanation:
Based on the information provided in regards to the situation at hand it can be said that the maximum total output possible if Riva hires Atul would be 7 cases. This is because Riva can already package 4 cases per week by herself, and Atul can package 3 cases by herself per week, therefore working together they would be able to package a total of (3+4) 7 cases per week.
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Answer:
Safety stock
Explanation:
Safety stock is a stock that eplains the level of an additional stock in order to reduce the stockout risk i.e. there is a chances when the raw material is in shortfall that because of the uncertainities in the demand and supply
So according to the given situation here the additional inventory that beyond the expected demand is known as the safety stock
So the same is relevant
