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2 years ago

Please help, please

Business

1 answer:

Alex2 years ago

6 0

Answer:

c) $1,500,000

Explanation:

Typically inventory for $3,000,000 will last for 30 days. The current order will be depleted by the 15th, which is half of 30 days. You require inventory to run for another 15 days. The inventory required will be half or $3,000,000

=$3,000,000 /2

=$1,500,000

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LO 8.3When is the direct labor time variance favorable?

ExtremeBDS [4]

Answer:

The correct answer is letter "D": when the actual price is less than the standard price.

Explanation:

Direct labor rate variance compares the existing direct labor costs and normal direct labor costs over the same operating period. Favorable variance in the labor rate can be caused by hiring more unskilled employees, reducing the minimum wage, and incorrectly setting indirect labor costs. Favorable variance takes place when the costs of direct labor are efficient or lower compared to the standard.

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3 years ago

When economists say that the Federal Reserve Banks are central banks, it means that multiple choice 1 the banks' policies are co

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Answer:

the policies are coordinated by the Federal Reserve Board of Governors is the correct answer.

Explanation:

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2 years ago

You want to accumulate $1 million by your retirement date, which is 25 years from now. You will make 25 deposits in your bank, w

Rom4ik [11]

Answer:

First deposit will be $11,213.87

Explanation:

To derive how much the first deposit must be, the deposit can be derived by using payment formula for growing annuity

P = FV x (r - g) / [(1 + r)^n - (1 + g)^n]

When FV = $1,000,000

r = 7%

g = 3%

n = 25

Hence, First payment will be:

P = 1,000,000 * (7% - 3%) / (1.07^25 - 1.03^25)

P = 1,000,000 * 4% / 5.427433 - 2.093778

P = 40,000 / 3.333655

P = 11998.842

P = $11,998.84

However, this formula is applicable when the payments are made at the end of the year. In this case the payments are upfront, occurring today. We need to adjust this first payment to reflect the early payment.

Hence, first payment = $11,998.84 / (1 + 7%)

First payment = $11,998.84 / (1 + 0.07)

First payment = $11,998.84 / 1.07

First payment = 11213.8691588785

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3 years ago

__________ is an example of a capability that is based in the functional area of distribution. Group of answer choices Effective

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Effective use of logistics management techniques is an example of a capability that is based in the functional area of distribution.

Option: C

Explanation:

An aspect of supply chain management that is utilized to fulfill consumer expectations by planning, monitoring and enforcing the efficient transportation and storage of relevant information, goods and services from source to destination, thus understood as a logistic management.

This is accompanied by a logistics approach that is a collection of guiding principles, attitudes and driving forces that will help you manage plans, priorities and initiatives through any supply chain among different partners. It allows companies to increase performance in the supply chain while enhancing supply chain management overall.

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3 years ago

A hospitality company is evaluating building a new hotel in Bloomington (capital project) that management forecasts will generat

Gre4nikov [31]

Answer:

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.

Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.

When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.

NPV can be calculated using a financial calculator

Cash flow in year 0 = $-165,000

Cash flow in year 1 - 6 = $45,000

I = 12%

NPV = $20,013.33

the project should be approved because NPV is positive

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

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3 years ago