1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
marshall27 [118]
3 years ago
11

Ecology Co. sells a biodegradable product called Dissol and has predicted the following sales for the first four months of the c

urrent year: Jan. Feb. March April Sales in units 1,700 1,900 2,100 1,600 Ending inventory for each month should be 20% of the next month's sales, and the December 31 inventory is consistent with that policy. How many units should be purchased in February
Business
1 answer:
icang [17]3 years ago
3 0

Answer:

Purchases - February = 1940 units

Explanation:

To calculate the units to be purchased in February, we first need to calculate the opening and closing inventory for the month of February. We know that the closing inventory each month is equal to 20% of next month's sale, so we can calculate the closing inventory for January (which will be opening inventory for February) as,

Opening Inventory - February = 20% * 1900    => 380 units

We can also calculate the ending inventory for February by using the expected sales of March.

Closing Inventory - February = 20% * 2100    => 420 units

The purchases for February can be calculated as follows,

Units Sold = Opening inventory + Purchases - Closing Inventory

1900 = 380 + Purchases - 420

1900 + 420 - 380 = Purchases

Purchases = 1940 units

You might be interested in
Sid Glasses recently paid a dividend of $1.70 per share, is currently expected to grow at a constant rate of 5% and has a requir
Sergeu [11.5K]

Answer:

Sid should buy the company

Explanation:

given data

dividend = $1.70 per share

constant rate = 5%

required return = 11%

growth rate increase = 6.5%

increasing the required return = 12%

solution

we get here intrinsic value of the company in both by use Gordon Growth Model that is here present value

PV = ( Do × (1 + g) ) ÷ (r - g)   .......................1

here Do is current dividend and g is growth rate and r is required rate of return

so here put value in current case

PV = ( 1.7 × (1 + 0.05) ) ÷  (0.11 - 0.05)

solve it we get

PV = $29.75    .............................2

and

now put value for buying company case

so

PV = ( 1.7 × ( 1 + 0.065)) ÷  ( 0.12 - 0.065)

solve it we get

PV = $32.92     ..............................3

so Sid should go ahead buying the company

8 0
3 years ago
Suppose both buyers and sellers of wheat expect the price of wheat to rise in the near future. What would we expect to happen to
Pie

Answer:

d. Equilibrium price will increase, equilibrium quantity will decrease"

Explanation:

"Ceteris paribus" all things being equal; the higher the price, the lower the quantity demanded. If there are speculations about possible increment in price of wheat in near future time, it will result into panic buying of wheat in the market today and that will definitely increase the equilibrium price of the wheat and decrease the equilibrium quantity of wheat demanded.

7 0
3 years ago
Read 2 more answers
Financial markets make the process of borrowing large amounts of money easier because they simplify the negotiation process betw
Mekhanik [1.2K]

Answer:

Reducing risk

Explanation:

The two ways by which risk can be managed are;

✓ Risk avoidance

✓ risk reduction

risk reduction are activities needed to bring about lower likelihood of risk as well as severity of loss. We can reduce risk through reduction of allocation of our resources to risky situation. An example of reducing risk is in the instance of Financial markets that are making the process of borrowing large amounts of money easier because they simplify the negotiation process between borrowers and lenders.

3 0
2 years ago
If your income varies, you should
MAXImum [283]

Answer:

b. list the average amount.

Explanation:

If your income varies, you should "list the average amount".

When a particular set of values vary, an average value is used. Average value is actually the estimated value which is found in two or more varying values. It gives an idea of what an expected value will be.

So, when income varies, the average amount is expected to be listed. This is done in order compensate even the lowest amount. So if two income varies, the average amount can be determined by adding the highest amount to the lowest amount, and dividing the outcome by 2.

7 0
3 years ago
Let illustrate what you you know about materiality concept.
guapka [62]

Answer:

rfb rgab rko

its a study meeting of girls i am also girl here we only study boy were not allowed because he disturb here we only study its safe meeting of girl here we only study

5 0
2 years ago
Other questions:
  • Identify three economic activities that are replacing shifting cultivation
    10·1 answer
  • What is the value today of a money machine that will pay $3,809.00 every six months for 21.00 years? Assume the first payment is
    5·1 answer
  • Jan is unmarried and has no children, but she provides all of the financial support for her mother, who lives in an apartment ac
    5·1 answer
  • The __________ is the system of relationships that develop spontaneously as employees meet and form power centers.
    11·1 answer
  • Overhead cost is not only a concern for a business but for an individual. What overhead cost would you have to take into conside
    13·1 answer
  • According to an article in the New York Times, the Venezuelan government "imposes strict price controls that are intended to mak
    10·1 answer
  • Definition: The total value of all the goods and services produced within a country in a given year
    10·1 answer
  • Evaluate the economic consequences of increasing progressive taxes in order to redistribute income (6)
    10·1 answer
  • When her company's component parts were delivered late for the second time in a month, Brigitte withheld payment from her suppli
    10·1 answer
  • The particular market segment your company is trying to sell your products or services to is your _________.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!