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Montano1993 [528]
4 years ago
6

Hayden Company expects its November sales to be 20% higher than its October sales of $160,000. All sales are on credit and are c

ollected as follows: 30% in the month of the sale and 65% in the following month. Purchases were $60,000 in October and are expected to be $120,000 in November. Purchases are paid 40% in the month of purchase and 60% in the following month. The cash balance on November 1 is $13,400. The cash balance on November 30 will be:_____
a. $175,000
b. $77,600
c. $64,200
d. $91,000
Business
1 answer:
8_murik_8 [283]4 years ago
4 0
The awnser is a choose a
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If a bank has $500 million of checkable deposits, a required reserve ratio of 15%, and it holds $126 million reserves, then the
jarptica [38.1K]

Answer: $51 million

Explanation:

Firstly, we need to calculate the required reserve which will be:

= $500 × 15%

= $500 million × 0.15

= $75 million

Then, the excess reserve will be:

= $126 million - $75 million

= $51 million

Therefore, the maximum deposit outflow it can sustain without running into reserve deficiency is $51 million.

8 0
3 years ago
The Good Chocolate Company makes a variety of chocolate candies, including a 12-ounce chocolate bar (340 grams) and a box of six
joja [24]

Answer:

A) ≈ 3.509 grams

B) The process is not capable because the lowest Cpk which is 1.89 ≈ 1.9 is far from the ideal 1.33 capability index number ( NO )

c) 1.051 ounces

Explanation:

A) The largest standard deviation ( in grams)

This can be calculated applying the capability index formula and according to the capability index formula the value at which a process is capable is at  : 1.33

hence the largest standard deviation =  upper limit - lower limit / 6 * 1.33

 ( 354 - 326 ) / 7.98 = 3.5087 ≈ 3.509 grams

B) we first calculate the process mean and std of the box

standard deviation = \sqrt{variance }

std of the six-bar box = \sqrt{6*0.86^2}  = 2.106

process mean = 6 * ( 1.03 * 28.33) = 175.079

the mean is not centered between the upper specification and the lower specification hence we will apply the formulae used in calculating the capability index for an uncentered process

Cpk = (upper value - process mean) / (3 * std of box),

         = (187 - 175.079) / ( 3 * 2.106) = 11.921 / 6.318 = 1.89

Cpk =  (process mean -  lower value ) / (3*std of box)

       = ( 175.079 - 153 ) / (3 * 2.106) = 22.079 / 6.318 = 3.49

The process is not capable because the lowest Cpk which is 1.89 ≈ 1.9 is far from the ideal 1.33 capability index number ( N0 )

c ) lowest setting

calculate the value of the mean using capability index of 1.33

Cpk = (upper value - mean ) / 3 * std

mean = 187 - 1.33 * 3 * 2.106

           = 187 - 8.40 = 178.60 grams

Cpk = ( process mean - lower value ) / 3 * std

 mean = 1.33 * 3 * 2.106 + 153

            = 8.40 + 153 = 161.40 grams

the lowest setting in ounces

= 178.60 / ( 6 bar * 28 .33)

= 178.60 / 169.98 = 1.051 ounces

5 0
3 years ago
What is an opportunity cost of saving for the future?
LuckyWell [14K]

Answer:

The biggest opportunity cost regarding liquidity has to do with the chance that you could miss out on a prime investment opportunity in the future becse you can't get your hands on your money that's tied up in another investments.

Explanation

4 0
3 years ago
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In dbms, data are kept separate from the applications' programming code. this means that ________. an application cannot be chan
Marina CMI [18]

Answer: Database does not need to be changed if a change is made to an application

Explanation:

Data base management is a software that is created to retrieve data, manipulate data and manage the data in its data base. Database management allows its users create their own database through the manipulation of data to yield specific results. Since the data is different from the application, any changes in the database application won't have a bearing on the data already in the database.

8 0
3 years ago
Read 2 more answers
Ayayai Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $466,200. The estimated fair v
Nataliya [291]

Answer:

The recorded value of land, building, and the equipment is $77,700,  $284,900, and $103,600 respectively.

Explanation:

The steps to compute the recorded amount is shown below:

1. First compute the total fair value of the assets:

= land + building + equipment

= $88,800 + $325,600 + $118,400

= $532,800

2. Now the recorded amount will be equal to

For land = (Fair value of land ÷  total fair value of the assets) × total payment made

=  ($88,800 ÷ $532,800) × $466,200

= $77,700

For building = (Fair value of building ÷  total fair value of the assets) × total payment made

=  ($325,600 ÷ $532,800) × $466,200

= $284,900

For equipment = (Fair value of equipment ÷  total fair value of the assets) × total payment made

=  ($118,400 ÷ $532,800) × $466,200

= $103,600

6 0
4 years ago
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