Answer: Option (a) is correct.
Explanation:
Correct Option: a ratio between the inputs and outputs for which a manager is responsible.
The productivity refers to the value of output that is produce by a factor of production (For example; labor). It is also tell us about the efficiency of a person or any other factor of production for completing a particular work. Productivity grows as the output increases at a faster rate than the inputs.
Answer: $25 billion
Explanation:
The increase in cash as a result of a deposit into the banking system, no cash leakages and a required-reserve ratio is:
= Deposit into banking system * Money multiplier
Money multiplier = 1 / Required reserve ratio
= 1 / 20%
= 5
Checkable deposit increase:
= 5 billion * 5
= $25 billion
Answer:
4.8 times
76 days
Explanation:
Inventory Turnover is the numbers of times that an inventory is sold in a period. It shows that is there any excessive inventory available in respect to the current sales level.
Formula for Inventory Turnover
Inventory Turnover = Inventory Used during the year / Average Inventory
Inventory Turnover = 3,784 million / ( ( $855 + $717 ) / 2 )
Inventory Turnover = 3,784 million / $786
Inventory Turnover = 4.8 times
Number of days Sales is the numbers of days that a company takes to to be sold.
Numbers of Days Sales = 365 / Inventory Turnover ratio
Numbers of Days Sales = 365 / 4.8 = 76.04 = 76 days
Answer:
$38.85
Explanation:
The computation of the maximum price would be willing to pay is shown below:
Current price = Future dividend × Present value of discount factor (rate of interest , time period)
= $1.75 ÷ 1.09 + $2.25 ÷ (1.09^2) + $42 ÷ (1.09^2)
= $1.61 + $1.89 + $35.35
= $38.85
Simply applied the above formula so that the maximum price could come
