Answer: 30%
Explanation:
Given that,
Sales Revenue = $2,000,000
Sales Returns and Allowances = $360,000
Sales Discounts = $40,000
Cost of Goods Sold = $1,120,000
Gross profit = Sales Revenue - Sales Returns and Allowances - Sales Discounts - Cost of Goods Sold
= $2,000,000 - $360,000 - $40,000 - $1,120,000
= $480,000
Gross profit percentage =
=
=0.30 × 100
= 30%
Answer:
a) Valuation of Ending Inventory
The total cost of consignment = $28980
Cost of Freezers= 60 freezers *$470= $28200
Shipment Costs $ 780
Per unit Cost of Consignment= $28980 / 60= $ 483
The inventory value of the units unsold in the hands of the consignee
= (60 units - 30 units )* 483= $ 14490
b) Profit for the Consignor
Sales 30 units at $800 $24000
<u>CGS 30 units at 483 14490
</u>
<u>Gross Profit 9510
</u>
Less
Advertising $200
Total installation costs $350
<u>Commision 6% of 24000= $ 1440 1990
</u>
<u>Net Profit $7520
</u>
<u />
<u>c) Remittance was made of $7520
</u>
Answer: less
Explanation:
i don´t know for real sorry ;(
Answer:
Portfolio's beta is 1.04.
Explanation:
Portfolio's beta is the weighted average beta. So, take weightage of each stock, multiply it with the respective beta, and add the results.
Finding Portfolio value for Weightages:
Total Amount Invested OR Portfolio value is = 10,000 + 40,000 = $50,000
Weighted Average Beta:
(10,000 / 50,000) * (.4) + (40,000 / 50,000) * (1.2) = .08 + .96 = 1.04.
Thanks!
Answer:
The adjustment to system that would have the greatest impact on the reorder point is:
c. lower the standard deviation of the lead time to one half of a day.
Explanation:
Other listed options discussed issues not affecting the reorder point. It is the lead time that impacts the reorder point and directly affects the total inventory levels. The lead time sums the time occasioned by supply delay or how long the shipment of an order takes to reach the warehouse to the reordering delay or the time it takes to place an order after receiving the requisition or attaining the reorder point.