Answer:
D. $6800
Explanation:
Annual demand = 600 × 50 weeks = 30,000 bottles
Carrying cost or holding cost = $50 × 40% = $20
The economic order quantity = 500 bottles
The number of orders would be equal to
= Annual demand ÷ economic order quantity
= 30,000 ÷ 500
= 60 orders
The average inventory would equal to
= Economic order quantity ÷ 2
= 500 bottles ÷ 2
= 250 bottles
The total cost of ordering cost and carrying cost equals to
Ordering cost = Number of orders × ordering cost per order
= 60 orders × $30
= $1,800
Carrying cost = average inventory × carrying cost per unit
= 250 bottles × $20
= $5,000
So, the total would be
= $5,000 + $1,800
= $6,800
Answer:
$7,300 loss
Explanation:
The computation of the net foreign exchange gain or loss included in the income statement is shown below:
Since the merchandise purchased value is $62,900
And, the paid amount is $53,200
So, the gain on transaction is
= $62,900 - $53,200
= $9,700
The borrowed amount is $305,000
And, the principal amount is $322,000
So, the loss is
= $305,000 - $322,000
= $17,000 loss
So in this case $7,300 loss is included which is a difference of $9,700 and $17,000
The he type of economy where the government controls some production means, but not all of it is a mixed economy.
<h3>Types of economic systems:</h3>
Five distinct types of economic systems have been recognized, including:
- Traditional
- Command
- Centrally planned
- Free Market
- Mixed
<h3>Characteristics of a mixed economy</h3>
- Private property and self-interest are protected.
- Free market activities are allowed.
- Prices of goods and services are determined by the laws of supply and demand.
- Government still intervenes in the means of production.
Thus, the type of economy where the government controls some production means, but not all of it is a mixed economy.
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Proponents of zero inflation say that a successful program to lower inflation gradually reduces inflation expectations.
A program is a set of instructions that a computer employs to perform a certain purpose. A program is analogous to a computer recipe. It includes a list of materials as well as instructions that inform the computer how to complete a certain task. Specific programming languages, such as C++, Python, and Ruby, are used to construct programs. These are high-level programming languages that are both human-readable and writable. Compilers, interpreters, and assemblers within the computer system transform these languages into low level machine languages. Assembly language is a low-level language that is one step beyond machine language and may technically be written by a person, however it is usually much more cryptic and complex.
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The agreement stage incorporates four key problem-solving steps. Each is briefly described below:
- Brainstorm as many solutions as possible: in the first step, several possible solutions to a problem are analyzed so that the best optimal solution can be considered.
- Develop an action plan: in this stage, a comprehensive plan is developed in which tasks are assigned to respective individuals with the resources to be used and the required amount of time to complete the tasks.
- Implement the action plan: this is the execution phase where the actual implementation of tasks is performed based on the requirements mentioned in the action plan.
- Evaluate outcomes and the process: this is the last step in which generated results and outcomes are evaluated to check if they are implemented as intended.
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