Answer:
Total= 36,800 pounds
Explanation:
Giving the following information:
Sales (units ) - Production (units):
May: 20,000 - 19,000
June: 18,000 - 16,000
Two pounds of material is required for each finished unit. The inventory of materials at the end of each month should equal 20% of the following month's production needs.
Purchases for May= production for the month + desired ending inventory - beginning inventory
Production= 19,000*2 pounds= 38,000 pounds
Desired ending inventory= (16,000*2)*0.2= 6,400 pounds
Beginning inventory= (38,000*0.2)= (7,600)
Total= 36,800 pounds
America typically spends most of it's budget on Social Security, Unemployment, & Labor (not including military)
Answer:
Rent-seeking is different from profit maximization because rent-seeking attempts to influence political process to gain an increased profit or income.
Answer:
The value of the stock today is $33.33
Explanation:
The constant growth model of the DDM approach will be used to calculate the value of this stock today.
The formula for Value of the stock today using the constant growth model is,
V or P0 = D1 / r - g
The Value of the stock today is,
V or P0 = 3 / (0.13 - 0.04)
V or P0 = $33.33