Answer:
Put extra time and resources into community and environmental projects in order to improve their public relations
Explanation:
APEX Verified
Answer:
74 units and 90 units.
Explanation:
So, we have the demand for the first six months, K1 = 600 units = 600 units/ 6months = 100 units; the demand for the second six months, K2 = 900 units = 900/6 = 150 units; holding cost,J = $2 per unit ; process cost, P = $55 per order.
The formula for determining an order size that will minimize the sum of ordering and carrying costs for each of the six-month periods is the Economic Order Quantity formula which is given below;
Economic Order Quantity = √[ (2 × K1 × P)/ J ].
(1). For the first six months;
Economic Order Quantity = √ [ ( 2 × 100 × 55)/ 2].
Economic Order Quantity = 74 units.
(2). For the second six months.
Economic Order Quantity = √ [ ( 2 × 150 × 55)/ 2].
Economic Order Quantity = 90 units.
Answer:
$6,541.32
Explanation:
the formula that would be used to solve this question is :
The formula for calculating present value:
FV x (1+r)^-n = P
FV = Future value = $9,963
P = Present value
R = interest rate = 5.4%
N = number of years = 8
$9,963 x (1.054)^-8 = $6,541.32
Answer:
Approximately 8 more payments need to be made.
Explanation:
Mortgage Amount = $100,000
Interest Rate = 8%
Time = 30 years
Calculating Annual Payment,
Using TVM Calculation,
PMT = [PV = 100000, T = 30, FV = 0, I = 0.08]
PMT = $8,882.74
So,
Annual Payment = $8,882.74
Loan Balance = $50,000
Calculating Time for Repayment,
Using TVM Calculation,
T = [PV = 50,000, PMT = -8882.74, FV = 0, I = 0.08]
T = ~8 years
Answer: Independent bank reconciliations.
Explanation:
A bank reconciliation is a process by which the records of a bank account are verified to be correct, by comparing the personal records with the records that appear on the bank statement. This process is usually done independently when a company wants to audit its accounts and reconcile its processes.
Because this is a review of bank accounts (savings, payroll, checking accounts), no physical control is needed to do it, but rather a monetary control.
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