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3 years ago

Ketchum & Lushene Hardware sells 100 hammers daily. The supplier takes two days

Business

1 answer:

Softa [21]3 years ago

8 0

Answer:

He should reorder when he is left with 200 hammers.

Explanation:

Reorder point is the trigger which informs the businessmen to order the inventory when the stock is used.

Reorder point = Safety Stock + (Average daily usage of units * Average lead time in days )

Reorder Point = 0 + (100 hammers * 2 days)

Reorder Point = 200

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Use the following items to determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows

guajiro [1.7K]

Answer:

Cash inflows = $3,260

Cash outflows = $3,260

Total assets = $22,300

Total liabilities = $2,724

Net worth = $19,576

Explanation:

Cash inflows = Monthly take-home salary $3,260

Cash outflows = Rent for the month $1,360 + Spending for food $560 + Telephone bill paid for month $94 + Loan payment $147 + Auto insurance $326 + Payment for electricity $166 + Lunches/parking at work $181 + Donations $122 + Clothing purchase $137 + Restaurant spending $167 = $3,260

Total assets = Cash in checking account $1,270 + Savings account balance $1,990 + Current value of automobile $8,530 + Household possessions $3,970 + Stereo equipment $2,590 + Home computer $2,140 + Value of stock investment $1,810 = $22,300

Total liabilities = Balance of educational loan $2,390 + Credit card balance $334 = $2,724

Net worth = $22,300 - $2,724 = $19,576

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4 years ago

Fandry Company has obtained the following data concerning a new product: Production Costs, Using traditional costing method $3.0

jasenka [17]

Answer:

$15.00 per unit

Explanation:

Calculation for the price per unit that Fandry Company should charge for the new product

Using this formula

Price per unit for new product =Production Costs, Using traditional costing method per unit ×

Production Costs, Using activity-based costing method per unit

Let plug in the formula

Price per unit for new product=$3.00 per unit ×$5.00 per unit

Price per unit for new product=$15.00 per unit

Therefore the price per unit that Fandry Company should charge for the new product will be $15.00 per unit

7 0

4 years ago

Which of the following is not a major advantage of a corporation?

viva [34]

The answer is C I hope this helps

6 0

4 years ago

When does allocative efficiency occur?

kobusy [5.1K]

Answer:

D. Allocative efficiency occurs when production is in accordance with consumer preferences.

Explanation:

Allocative efficiency occurs where price equals marginal cost. Price equals the amount consumers willingly pay for a product, so allocative efficiency occurs where marginal utility = marginal cost

3 0

3 years ago

Tangshan Mining Company, with a cost of capital of 10 percent, is considering investing in project A, with an initial investm

alexdok [17]

Answer:

the breakeven cash inflow for the project is $131474

Explanation:

given data

cost of capital = 10 percent

initial investment = $1,000,000

useful life = 15 year

to find out

the breakeven cash inflow for the project

solution

first we consider here annual cash inflows that is = x

now break even point is the one at which the net present value of the project = 0

so we can say that here

Present value of cash inflows - Present value of cash outflows = 0 .................1

here we know Present value of cash inflows = x × PVAF ( 10%,15 years)

Present value of cash inflows = x × 7.6060

put value in equation 1 we get

x × 7.6060 - $1,000,000 = 0

solve and we get x

x = $\frac{1,000,000}{7.6060}$

x = $131474

so the breakeven cash inflow for the project is $131474

7 0

4 years ago