1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Serjik [45]
2 years ago
7

Kathy is an office manager at a growing law firm that specializes in pursuing awards for accident victims. She is assigned as th

e head of a problem-solving group to decide on where to locate a new, expanded office downtown. A major decision facing the group is whether to rent space in a sleek, new office building or to renovate space in a former factory building. The space in the old factory building would have brick walls and resemble a large loft.
Business
1 answer:
Slav-nsk [51]2 years ago
7 0

Answer:

Kathy should seek quotes from various rental space providers.

Explanation:

Kathy should make a decision to rent of renovate the building based on cost. The major criteria for decision making is based on the monetary factors. Rent for the new space will be compared with the renovation cost in order to reach to a final decision.

You might be interested in
Aberwald Corporation expects to sell 90,000 bags of lawn fertilizer annually. The optimal safety stock (which is on hand initial
UNO [17]

Answer:

Annual demand (U) = 90.000 bags

Cost of each bag = $1.50

Inventory carrying cost per unit(C) = $1.50 × 20% = 0 30

Ordering cost per unit (O) = $15

Part A)

EOQ = \sqrt{\frac{2UO}{C}}

EOQ = \sqrt{\frac{2 * 90000 * 15}{0.30}}

EOQ = \sqrt{9000000}

EOQ = 3,000

Part B)

Maximum inventory = EOQ + Safety inventory on hand  

Maximum inventory = 3000 + 1000

Maximum inventory = 4.000

Part C)

Average inventory = Maximum inventory + Minimum or Safety /2

Average inventory = 4,000 + 1,000 / 2

Average inventory =2,500

Part D)

How often company order = Annual demand / EOQ

How often company order = 90,000 / 3.000

How often company order = 30

4 0
3 years ago
Dermot just learned that his company is closing, and all the employees will be laid off. He is distraught and anxious about how
77julia77 [94]

Answer:

b

Explanation:

because you want the employer to know that you learned from your last job

8 0
3 years ago
Determine how the following scenarios affect the firm's cash position. Identify whether the scenario describes a financing, inve
pochemuha

Answer and Explanation:

The classification is as follows:

1. Dividend of preferred stock paid - Financing activity

2. Purchase of the property for a future factory - Investing activity

3. Issuance of the common stock shares  -  Financing activity

4.Rise in  accrued liabilities - Operating activity

5. Sell some old equipment - Investing activity

The following are expected to increase in the cash flow

1.  Issuance of the common stock shares

2. Rise in  accrued liabilities

3. Sell some old equipment

Increase inventory holdings - Operating activity

Sell a tract of land it has held for years - Investing activity

4 0
3 years ago
The Aztec civilization also had a school for a few select young women to become priestesses where they learned to weave and deco
Vladimir [108]

Answer:

True

Explanation:

The women become priestesses in a school, where they learned to weave an decorate costumes.

3 0
3 years ago
When the company pays rent expense for the current month, what is the effect on the accounting equation for that company?
GREYUIT [131]

Answer:

decrease the stockholder equity and decrease in assets

Explanation:

As we know, the accounting equation is  

Total assets = Total liabilities + stockholder equity

In the given case,  

The rent is paid for the current month, so the journal entry would be

Rent expense A/c Dr XXXXX

    To Cash A/c XXXXX

(Being rent is paid)

So it decreases the stockholder equity as it includes the income and expenses part and it decreases in assets as it reduces the cash balance

3 0
3 years ago
Other questions:
  • During the current year, Martinez Company disposed of two different assets. On January 1, prior to their disposal, the accounts
    13·1 answer
  • If an economy’s GDP falls, then it must be the case that the economy’s Group of answer choices income falls and saving rises. in
    8·1 answer
  • A gift shop sells 1000 boxes of scented candles a year. The ordering cost is $50 for scented candles, and holding cost is $10 pe
    5·1 answer
  • Which of the following is considered to be an accrued expense? a.a computer technician has installed the latest software updates
    5·1 answer
  • Product differentiation is the process that firms use to make a product more attractive to potential customers. On which of the
    7·2 answers
  • Note: You must complete parts 1, 2 and 3 before attempting to complete part 4 and part 6. Part 5 is an optional work sheet. 4. A
    5·1 answer
  • tone Company produces carrying cases for CDs. It has compiled the following information for the month of June: Physical UnitsPer
    9·1 answer
  • What is Advertising , according to the American Marketing Association​
    15·1 answer
  • Stephen bought 85 shares of United Rotators at $6. 34 each, 110 shares of Dowc Beverage Co. At $13. 13 apiece, and 133 shares of
    15·1 answer
  • As inventory and property plant and equipment on the balance sheet are consumed, they are reflected: Select one: A. As a revenue
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!