Answer:
True.
Explanation:
The type of database that Nicole's team would recommend is a relational database.
Relational database can be described as the arrangement of formally described tables from which data can be got in many different ways without having to reorganize the tables.
The relational database is critical in that it enhances easy accessibility to information. Also, it streamlines processes and procedures and allow for specific investigation of data and record. Nicole's team is therefore making a good stance and decision by recommending the Relational Database to its client.
Answer:
2.14 times
Explanation:
The computation of the current ratio is shown below:
Current ratio = Current assets ÷ Current liabilities
where,
Current assets is
= Cash + marketable securities + account receivable + prepaid expense + inventory
= $10,000 + $20,000 + $30,500 + $2,000 + $34,000
= $96,500
And, the current liabilities is account payable i.e $45,000
So, the current ratio is
= $96,500 ÷ $45,000
= 2.14 times
We simply applied the above formula
Answer:
1. 4,000 bags
2. 1,000
3. 180 runs
4. 18,000
5. $165,600
Explanation:
1.
Q = 
= 4,000 bags
2.
Maximum Inventory = Q* (1 - D/N/P)
4,000*0.25
= 1,000
3.
Annual demand / Bags of coffee roasted per day
36,000 bags / 200 bags
= 180 runs
4.
Annual average inventory
36,000/2
=18,000
5.
Production Cost $200 * 180 runs = $36,000
Carrying Cost $3.6 * 36,000 bags = $129,600
Total Cost = $36,000 + $129,600
= $165,600
Answer:
The correct answer is $166,000.
Explanation:
According to the scenario, the given data are as follows:
Credit sales for Jan. = $100,000
Cash sales for Jan. = $60,000
cash sales to increase in Feb = 10%
So, we can calculate the cash collection in Feb by using following method:
Cash collection in Feb = Cash Sales for Feb + Credit sales for Jan.
= ( $60,000 × 110%) + $100,000
= $66,000 + $100,000
= $166,000
Answer:
The Sherman Antitrust Act.
Explanation:
The Sherman Antitrust Act was enacted by the federal on 2nd July 1890. The act was passed in response to the growing competition among the business. The act was named after Senator John Sherman the proponent of the act. The act prohibited charging of unfair prices on farmers and merchants and favoriting large companies.
This act restrained the growth of monopolies who were practices that were trying to stop free trade.
<u>It was an anti-trust act; trusts were the big business markets from which stakeholders would transfer theirs on a single trustee. This created a monopoly in the market disabling other companies</u>.
So, the correct answer is the Sherman Antitrust Act of 1890.
