Answer:
The answer is $98,500
Explanation:
There are two ways to cash provided or used by operating activities - Direct method and indirect method. In direct method, the first line item is Net income or net loss.
Net income------------------------ $87,100
Depreciation expense---------- 13,800
Gain on sale of land------------ ($6,500)
Increase in merchandise inventory-------------------------------------------------($3,850)
Increase in accounts payable $7,950
Net cash provided or used by operating activities---------------$98,500
Answer:
a. Station Staffing Processing time Capacity
(hours/chair/worker) (Staffing/activity time)
Stripping 3 workers 2.5 3/2.5 = 1.2
Priming 2 workers 1.5 2/1.5=1.33
Painting 2 workers 1.75 2/1.75=1.14
Inspection 1 worker 17/10=1.7 1/1.7=0.59
Inspection have the bottle neck, due to the least capacity (0.59). So, the process capacity can be given as 0.59
Total time to produce first chair =2.5+1.5+1.75+1.7 = 7.45 hours
Total time to make the each subsequent chair will be 1/0.59
b. So, total time to complete 15 chairs = (7.45)+ (1/0.59)*14
= 7.45 + 23.73
= 31.18 hours
c. In this case, there will be no bottle neck as each worker will be operating with its full capacity.
Total time taken by each worker to finish one chair = 2.5+1.5+1.75+1.7 = 7.45 hours & Total workers = 8
Maximum capacity = 8/7.45
Maximum capacity = 1.074 chairs per hour
There is a high amount of possibility that the managers at Woolworth will be able to make informed decisions, if the team involved in decision-making thinks rationally, and in the best interest of the company.
<h3>What is an informed decision?</h3>
An informed decision can be referred to or considered as a decision that is taken by keeping important factors in mind while arriving at a decision, and also managing the core functions with an intention of growth.
In the condition given above, the managers will be able to make informed decisions only if their mindset towards the company is rational, and such decision is in the best interest of the company.
Therefore, the significance regarding an informed decision has been aforementioned.
Learn more about informed decision here:
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Answer:
<u><em>15.63%</em></u>
Explanation:
The answer is simply calculated by putting a simple formula in place.
The formula is, P = D/(r-g)
Hence, applying the formula, we have the following values,
P: 40 , D: 4.25 , g: 0.05 & r: ?
Step 1: 40 = 4.25/(r-0.05)
Step 2: r = (4.25/40)+0.05
Hence the cost of equity is = 15.63%
Thankyou.
Debit to "Accounts Payable to Smith"
and Credit to "Inventory" account
A debit in an expense account is a decrease in the amount owed. Since you are returning inventory and getting the money back, you owe less.
You credit inventory because you are taking away from it by returning the goods.