Answer:
$62,400
Explanation:
Assets are Economic resources controlled by the entity as a result of past events from which cash is expected to flow into the business.
Assets include the following Amounts:
Cash from Bank Note $20,000
Cash from Stock Issues $40,000
Supplies Inventory $4,000
Payment for Supplies ($1,600)
Total Available Assets $62,400
The reason for a <u>just-in-time</u> inventory strategy is to minimize tying up large sums of money for long periods of time and, in addition, to reduce the cost associated with inventory management.
inventory management enables agencies to discover which and what kind of inventory to order at what time. It tracks stock from buy to the sale of products. The exercise identifies and responds to tendencies to ensure there may be constantly sufficient inventory to satisfy patron orders and the right caution of a shortage.
Discipline inventory management generally known as stock management is the feature of know-how of the stock mix of a corporation and the exclusive demands on that inventory.
The three maximum popular inventory management strategies are the frenzy method, the pull approach, and the simply-in-time technique. these techniques offer businesses distinct pathways to assembly consumers call for.
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Answer:
Increase in profit will be 42 %
So option (C) will be correct answer
Explanation:
We have given sales level is $270000
Operating leverage for the factory is given 2.8
It is given that sales is increased by 15 %
We have to find that by how much percentage profit will increase
Increase in profit percentage is given by multiplication of operating leverage and increase in profit sale
So increase in profit will be equal to 2.8 ×15 = 42 %
So option (C) will be correct answer
