Whats the rule of 72

become more self-sufficient by producing major components rather than buying them. produce goods and services with less of every

lesya [120]

Answer:

Become more self-sufficient by producing major components rather than buying them

Explanation:

Let look at company A, known to be one that struggles most of the time to order new parts that they need for operations. When the other company that they depend on to supply them (company A) with such required items fail to provide enough products or manufactured parts timely, then the first company could start recording huge losses in revenue because the inventory depletion would impact the sales volume negatively.

The only way company A can arrest this situation is by reducing dependency on external suppliers. They would need to do their own –in-house manufacturing which helps them remain self-sufficient and also reduce daily operational costs.

4 0

4 years ago

For the year ended December 31, 2017, Tyre Company reported pre-tax financial statement income of $750,000. Its taxable income w

galben [10]

Answer:

Check the following calculations

Explanation:

a). Current portion of income tax expense = Taxable income * tax rate

= $650,000 * 35%

= $227,500

b). Deferred portion of income tax = (Pretax income - Taxable income) * Tax rate

= ($75,000 - $650,000) * 35%

= $35,000

c). Journal entries: image attached

5 0

4 years ago

Help find Robert! South Carolina people help me find Robert!

pochemuha

He’s not even lost or missing he probably ghosted you please stop sharing this and move on

5 0

3 years ago

Explain the problems a hotel faces in making the following departments profitable: restaurants, bars, and room service

sdas [7]

Answer: A successful strategy is to show guests the restaurants and explain the cuisine before they go to their rooms, which has prompted more guests to dine in the restaurants during their stay...The best way to prevent these occurrances is to have a good control system, which should include people who are paid to use the bar like regular guests, but are really there to check on the bartenders.

Explanation:

Restaurants; hotel guests are not always predictable. Sometimes they will use the hotel restauraunts, and other times they will dine out. A successful strategy is to show guests the restaurants and explain the cuisine before they go to their rooms, which has prompted more guests to dine in the restaurants during their stay.

Bar; Bars is measured by the pour/cost percentage. Post cost is obtained by dividing the cost of depleted inventory by sales over a period of time. Operations with lower pour costs have more sophisticated control systems and a higher-volume catering operation. Some bartenders tend to overpour measures to receive larger tips. The best way to prevent these occurrances is to have a good control system, which should include people who are paid to use the bar like regular guests, but are really there to check on the bartenders.

8 0

3 years ago

Simplex Healthcare had net income of $5,411,623 after paying taxes at 34 percent. The firm had revenues of $20,433,770.Its inter

Agata [3.3K]

Answer:

$9,032,853

Explanation:

Given:

Net income = $5,411,623

Taxes rate = 34% = 0.34

Revenues = $20,433,770

Interest expense for the year = $1,122,376

Depreciation expense = $2,079,112

Now,

Earnings before taxes (EBT) = $\frac{\textup{Net income}}{\textup{1-tax rate}}$

or

Earnings before taxes (EBT) = $\frac{\textup{5,411,623}}{\textup{1-0.34}}$

or

Earnings before taxes (EBT) = $8,199,428.78

EBIT = Earnings before taxes + Interest expenses

or

EBIT = $8,199,428.78 + $1,122,376

or

EBIT = $9,321,804.78

EBITDA = EBIT + Depreciation expense

or

EBITDA = $9,321,804.78 + $2,079,112

or

EBITDA = $11,400,916.78

Therefore,

The operating expenses = Revenue - EBITDA

or

The operating expenses = $20,433,770 - $11,400,916.78

or

The operating expenses = $9,032,853.22 ≈ $9,032,853

3 0

4 years ago

Whats the rule of 72​

Whats the rule of 72