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crimeas [40]
4 years ago
13

Current Year Prior Year Accounts payable, end of year $ 4,603 $ 8,548 Accounts receivable, net, end of year 18,685 15,726 Invent

ory, end of year 6,904 6,055 Net sales 220,000 205,000 Cost of goods sold 140,000 130,000 (1) Use the information above to compute the number of days in the cash conversion cycle for each year. (2) Did the company manage cash more effectively in the current year?

Business
1 answer:
solong [7]4 years ago
8 0

<em>Find the given attachments for the complete solution</em>

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Doreen has preferences represented by the utility function U(x, y) = 10x + 5y. She consumes 10 units of good x and 12 units of g
galina1969 [7]

Answer: Good Y = 14

Explanation:

utility function

U(x,y) = Utility  

Good X = 10

Good Y = 12

U(x,y)= 10x + 5y

U(x,y) =10(10) + 5(12)

U(x,y) = 160

when good a drops by 1 Good X will 9  

160 = 10(90) + 5y

5y + 10(90) = 160

5y = 160 - 90

5y = 70

y = 14

When Good X is lowered by 1 to maintain the level of 160 utility Good Y must be 14

8 0
3 years ago
If Katerina were delivering an expository speech about strip mining, she would be presenting _______________________. a. an info
Mrac [35]

Answer:

a. an informative process speech

Explanation:

An expository speech is one that explains the processes involved in doing an activity. It is meant to inform the audience on processes involved in executing a task.

In this scenario strip mining is the process of removing the top layer of soil in order to gain access to a mineral. This process is opposed to digging of deep holes to access minerals. The method is commonly used in coal reserves.

An expository speech by Katerina on strip mining will be an informative process speech on this process of mining minerals

3 0
3 years ago
BBQ Corporation has a target capital structure that is 70 percent equity, 30 percent debt. The flotation costs for equity issues
andrey2020 [161]

Answer:

$172,215,844 is the cost when flotation costs are considered

Explanation:

<em>flotation</em>

Weighted average flotation cost = {(Flotation cost debt * Weight debt) + (Flotation cost equity * Weight equity)

= (8% * 0.30) + (15%  * 0.70)

=0.024 + 0.105

= 0.129

= 12.9%

Calculation of the cost of funds

Cost of funds = Amount raised / (1 - Weighted average floatation cost)

= $150,000,000 / (1-0.129)

= $150,000,000 / (0.871)

=$172,215,844

Therefore, the cost of raising fund is $172,215,844

7 0
4 years ago
HELP PLS!!!! What is the organization for social workers?
blsea [12.9K]

Answer:

Just the National Organization of Social Workers

Good luck!

5 0
3 years ago
Williamson Industries has $7 billion in sales and $2 billion in fixed assets. Currently, the company's fixed assets are operatin
In-s [12.5K]

Answer: Williamson industries would have obtained $7.78 billion in sales

Explanation: According to the question, the company is having a total of $2 billion in fixed assets. The fixed assets are currently operating at 90% (0.9) of its total capacity. At his level, the company is able to achieve a sales figure of $7 billion. The implication is as follows;

Fixed assets (at 100%) = 2 billion

Fixed assets (at 90%) = 2 * 0.9

Fixed assets (at 90%) = 1.8

If the company utilizes $1.8 billion to achieve a $7 billion sales figure, then operating at full capacity (100%) would yield the following;

7/x = 90/100

(Where x equals sales level at 100% capacity)

7/x = 0.9

Cross multiply

x = 7/0.9

x = 7.7777...

x ≈ 7.78

Therefore, if Williamson Industries had been operating at full capacity, it would have obtained a sales level of $7.78 billion

3 0
4 years ago
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