Answer: Operations Management-A
Explanation:
Operations management is the management that uses best business practices to create the highest level of efficiency possible in an organization by converting materials and labor into goods and services in an efficient way to maximize the profit of an organization.
This management handles strategic issues, including determining of process, procedures and implementation in operational issues such as management of inventory levels, raw materials acquisition, quality control, materials handling, and maintenance policies, etc
It is necessary for an operation management to understand the processes that are essential to company and ensure they work together effortless. This involves ensuring the business processes follow an efficient way.
The Formula we're going to use is:
DSO=(Sales/365)
Application:
1. 35($3,500,000/365) = $335,616
ANSWER: $335,616
or if you are having a hard time.
2. $3,500,000/365 = 9,589.04
then,
9,589.04 x 35 = $335,616
Answer:
Their study of data from the Gallup-Healthways Well-Being Index found that while “life evaluations rise steadily with income,” emotional well-being drops off at about $75,000 a year. Beyond $75,000, money is important for life evaluation but does nothing for happiness, enjoyment, sadness, or stress.
Explanation:
Answer:
The market value of capital would be 11.15 million
Explanation:
Book value of an asset is the value at which the asset and liabilities are currently reflecting in the balance sheet of a firm. The market value is the value at which these assets and liabilities are currently valued as per present market rates. For example : Land value normally appreciates over time and eventhough it is purchased at say $100.000/-, its present value market valuation rate could be $300,000/-. This is the difference between a book value and market value.
In this case, on sale of current assets, a profit of 13 million would be made. Out of this, 9.5 million current liability is paid. Remaining is 3.5 million. Cash received after paying current liabilities is 7.65 million. Hence adding 3.5million+7.65million = 11.15million is the market value of capital which was originally 8.5 million.
Book Value Market Value Difference
Capital 8.5 11.15
Current Liability 9.5 9.5
Current Asset 22 35 13
Paid for CL 9.5
Remaining value 3.5
Cash Recd 7.65
Mkt value of capital 11.15
(3.5+7.65)
Answer:
a) a demand curve
b) a demand schedule
Explanation:
A demand curve is a graph that shows the relationship between price and quantity demanded.
A typical demand curve is downward sloping. This means that the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.
A demand schedule is a table that shows the relationship between price and quantity demanded.
Attached is an image of a demand curve
I hope my answer helps you
