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crimeas [40]
3 years ago
15

Calculate the net debt of the company based on the information below:

Business
1 answer:
galina1969 [7]3 years ago
6 0

Answer:

$28,300

Explanation:

Calculation to determine the net debt

Using this formula

Net debt=(Short-term interest bearing debt +

Long-term interest bearing debt+Non-interest bearing liabilities)-Cash and equivalents

Let plug in the formula

Net debt=($ 3,000 +$25,000+$ 1,500)-$ 1,200

Net debt=$29,500-$1,200

Net debt=$28,300

Therefore Net debt is $28,300

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7 0
2 years ago
Sarah's Muffler Shop has one standard muffler that fits a large variety of cars. Sarah wishes to establish a reorder point syste
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Answer:

Best reorder size = 216

Reorder point = 35

Explanation:

Required:

Using the above information, find the best order size and the reorder point.

To find the best order size, EOQ, use the formula:

EOQ = \sqrt{\frac{2DS}{H}}

= \sqrt{\frac{2*3500*50}{0.25*30}}

= \sqrt{\frac{350000}{7.5}}

= 216.02

Best reorder size is 216 mufflers

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R = d' L + z \sigma_L

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