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3 years ago

. Which one of the following statements is TRUE?

Business

1 answer:

Alborosie3 years ago

4 0

Answer:

Direct deposit means that a person brings their paycheck to the bank and deposits it immediately after receiving it.

Explanation:

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A local jacket distributor expects to sell 9,000 black fleece jackets in a year. Assume that EOQ model assumptions are valid. Ea

torisob [31]

Answer: $4,800

Explanation:

First find the Annual holding cost:

= Average inventory * Cost of holding a unit

= 500/2 * 1 * 12 months

= $3,000

Then find the Annual ordering cost:

= Expected units to be sold/ Units ordered * Ordering cost

= 9,000/500 * 100

= $1,800

Annual Inventory cost = Annual holding cost + Annual ordering cost

= 3,000 + 1,800

= $4,800

4 0

2 years ago

The objective of a firm using open innovation is to:

BabaBlast [244]

Answer:

The correct answer is letter "B": to reach out beyond its familiar research partners and to access R&D carried out globally.

Explanation:

Open innovation is an approach most companies are taking nowadays because of the need for adapting the goods or services they offer to the rapidly changing world we live in where product life cycles are every time shorter. Open innovation allows firms to obtain help from other domestic or international entities contributing to the development of new items or the modification of existing ones to meet consumers' needs.

3 0

3 years ago

Which of the following should be subtracted from net income in calculating net cash flow from operating activities using the ind

weqwewe [10]

Answer: increase in inventory

Explanation:

increase in inventory : An increase in a company's inventory shows that the company bought more goods than it has sold. And the buying of additional inventory requires the use of cash, it means there was an additional outflow of cash. An outflow of cash has a negative effect on the company's cash balance.

4 0

3 years ago

A fixed asset with a five-year estimated useful life and no scrap value is sold at the end of the second year of its useful life

Agata [3.3K]

Answer:

Using straight line method over Double-declining balance method chances of loss or reduction in gain increases.

Explanation:

When we use straight line method it gives constant value that decrease the book value of plant assets while using double-declining balance method is reduce book value more aggressively in earlier years. Therefore, Book value of asset is much higher compare to double declining balance method hence, chances of loss or reduction in gain are obvious when we use the straight line method.

7 0

3 years ago

Read 2 more answers

Use the following information for Shafer Company to compute inventory turnover for year 2.

julsineya [31]

Answer:

4.90

Explanation:

Given: Year 2 year 1

net sales: $652,000 $583,800

Cost of goods sold: $389,400 $360,930

Ending inventory $78,600 $80,280