Answer:
Optimal batch size to produce= 5.56 slices
Explanation:
Selling rate of sandwich = 50 / hour
No of slices used per hour = 50* 2 =100 ( each sandwich use 2 slices)
No of loafs which gets baked in an hour = 7
No of sandwich slices which get produuced in an hour = 7*20 =140
No of sandwich which can be produce = 10/2 =70
So every hour no of slices to be hold = 40
No fo loaf to be hold = 40/20 =2
Cost of holding = 0.8* 1 =0.8
Cost of running a new batch = $3*2 = $6
Selling each sandwich = $12.95
Saving = $12.95 - $6 =$6.95
Optimal batch size = saving * ( Holding cost) = 6.95 *0.8 = 5.56 slices
Answer:
The viewpoint that business should be privately controlled and not controlled by the government is a perspective of a ____capitalist____ economy.
Explanation:
For example, the US economy provides a good example of a capitalist economy. A capitalist or market economy is also known as capitalism. It is an economic system whereby private individuals or businesses own capital goods or means of production. Therefore, the production of goods and services is based on the market forces of supply and demand. Since individuals and firms fix prices of and decide what goods and services to produce, rather than through central planning by the government, it is also known as a market economy. The opposite is called a command economy, characterized by central government planning.
Answer:
Option (d) 9.59%
Explanation:
Data provided in the question:
Annual dividends paid by the Brown jug
$0.61, $0.64, $0.71, $0.82, and $0.88 per share over the past 5 years
Now,
Present value = $0.61
Future value = $0.88
Time = 4 years [as there is no interest for the year 1]
Now,
Future value = Present value × (1 + r )ⁿ
here,
r is the geometric average dividend growth rate
$0.88 = $0.61 × (1 + r )⁴
or
(1 + r )⁵ = 1.4426
or
1 + r = 1.0959
or
r = 0.0959
or
r = 0.0959 × 100% = 9.59%
Hence,
Option (d) 9.59%
Answer:
Option B. Equity Investments is debited for $372,000
Explanation:
The initial journal entry to record the equity Investment will be treated same as purchase of an asset, which means the equity Investment account will be debited with the amount paid and the cash account will be credited with an equal balance.
Dr Equity Investments (6,000 * $62 per share) $372,000
Cr Cash Account $372,000
Answer:
a. Petunia only
Explanation:
A petition for relief through an individual's repayment plan is a document filled out asking to pay off a debt by making small individual payments stretched out over a specific period of time, and can only be filled by the debtor and accepted by the creditors. Therefore it can only be filled out by Petunia.
