Answer:
total net income = $109,000
Explanation:
given data
Blake receive = $103,000
Matthew capital account is credited = $3,000
solution
we know that both partner get equal part in remaining loss or income
so here Blake get $3,000 as share of the net income
so that here net income for the period, that will Blake's salary allowance + amount shared in both persons of net income
as that
total net income = $103,000 + $3,000 +$3,000
total net income = $109,000
Answer:
Order size = 23 cars
The number of orders = 23
Explanation:
The economic order quantity (EOQ) is the order size that reduces the balance of holding and ordering cost. It is to be noted that at EOQ, the carrying cost is equal to the holding cost.
The EOQ is computed as shown below;
= √ 2 × Co × D)/Ch
Co = Ordering cost
D = Annual demand
Ch = Carrying cost
EOQ = √ 2 × 500 × 529 / 1,000
EOQ = 23
Number of cars to be ordered per time, I.e optimal order size = 23
Order size = 23 cars
2. The number of times orders should be placed per year would be calculated as;
Number of orders = Annual demand / Order size
Number of orders = 529 / 23
Number of orders = 23
Answer:
$150
Explanation:
Calculation to determine How much does the investor gain or lose if the oil price at the end of the contract equals $14.0
Using this formula
Gain or Loss =(Futures price- Ending contract)*Contract size
Let plug in the formula
Gain or Loss=$15.5 per barrel- $14.0* 100 barrels
Gain or Loss=$1.5*100
Gain or Loss=$150
Therefore How much does the investor gain or lose if the oil price at the end of the contract equals $14.0 will be $150
Relationship selling, or the concept of Relations Marketing.
