Answer: Navigation acts
Explanation: Navigation act was a group of laws, first implemented by the British parliament in 1651. This act was implemented by the Britishers with the objective of regulating activities of shipping, trade and commerce with their colonial countries.
These acts were re-enacted in 1660. These were implemented by the England for increasing their profits in international market.
Answer:
Total equivalent units of material = 900
Explanation:
<em>Equivalent units are notional whole units which represent incomplete works are used to allocate cost to work in progress and completed units</em>
<em>Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked. </em>
Equivalent unit = Degree of completion × units
Item units Equivalent units
Completed units 600 100% × 600 = 600
Closing inventory 300 100%× 300 = <u>300</u>
Total equivalent units of material <u>900</u>
Note simply because materials are added at the beginning of the process, it is assumed that all the quantity required would have been added. Hence the degree of completion for materials is 100% .
Answer: (a ) 4 per hour (b ) 4.5 minutes (c ) 3 minutes
Explanation:
Average time between customer arrival = 15 minutes
Average service time = 10 minutes
(a) To calculate the customer arrival rate
Arrival rate = 1 / time between Arrival
= 1 / 15
= 0.066 × 60
= 4 per hour
(b) To calculate the average number of customers in queue
( Arrival time )^2 / service time ( service time - Arrival time)
= (15)^2 / 10 ( 10 - 15)
= 225 / 10 (-5)
= 225 / 50
= 4.5 minutes
(c) To calculate the average time customers spend in the system
Arrival time / service time - Arrival time
= 15 / 10 - 15
= 15/ -5
= 3 minutes
Answer:
Free cash flow (FCF) is, essentially, the cash flow that is available for interest and dividends after the company has made the investments in current and fixed assets that are necessary to sustain ongoing operations. (A)
Explanation:
Option A- This statement is true.
Option B- This is false. After-tax operating Income is calculated as Operating profit less interest less Depreciation and less tax
Option C-This is false. They will have the same operating incomes. Operating income is calculated as Sales less operating cost.
Option D- False.
Option E- False.
Answer:
B...................................
