When does a salesperson generally move in to close a deal?

Lucy has decided to save for a vacation in 18 months. She will save the money into a short-term investment account returning 4%

LenKa [72]

Answer:

Monthly deposit= $810.20

Explanation:

Giving the following information:

Number of periods (n)= 18 months

Interest rate (i)= 0.04/12= 0.0033

Future value (FV)= $15,000

To calculate the monthly deposit, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (15,000*0.0033) / [(1.0033^18) - 1]

A= $810.20

7 0

3 years ago

In the Shaping Department of Sheridan Company the unit materials cost is $2.00 and the unit conversion cost is $1.60. The depart

Effectus [21]

Answer:

Ending Work in Process $ 4640

Explanation:

Sheridan Company

Shaping Department

Ending Work in Process $ 4640

Materials = 2000 units*$2= $ 4000

Conversion= 2000 units *20%* $1.6= 400*$ 1.6=$ 640

We find the cost of ending inventory by multiplying the materials unit cost with the materials units and the unit conversion costs with the equivalent conversion units.All materials are included because the materials are added at the beginning of the process.

7 0

4 years ago

Louisiana Specialty Foods can produce its famous meat pies in its factory at a production rate of 1650 cases each per day. The f

Paul [167]

Answer:

economic production quantity= 2024.6 units

Explanation:

The optimal production run is the economic batch units that minimizes the balance of set-up cost and holding cost. It can be determined by adjusting the economic order quantity (EOQ) model for gradual replenishment ,

EBQ = √(2× Co× D)/Ch(1-D/R)

EBQ- Economic /optimal production run

Co- set-up cost per run

Ch- holding cost per unit per annum

D- Annual Supply- 9800× 280

Production rate per day-5000

Optimal production run

= √(2× 320× 265×250)/11.50×(1-250×250/1650 ×250)

= 2024.6 units

4 0

4 years ago

A researcher wants to understand how customers' social interaction with online retailers impact their loyalty to online retailer

Mnenie [13.5K]

Answer:

Option A, Randomization

Explanation:

Extraneous variables can be taken care of through randomization or random sampling. In random sampling, the extraneous variables are not deleted instead their equal distribution is ensured. Random sampling increases the external validity and generalize the population.

Hence, option A is correct

6 0

3 years ago

Squirrel tree services reports the following amounts on december 31, 2021.Assets Liabilities and Stockholders’ EquityCash $9,500

fiasKO [112]

Answer and Explanation:

1. The preparation of the balance sheet is presented below:

Squirrel tree services

Balance sheet

For the year ended December, 31, 2021

Liabilities Amount Assets Amount

and stockholder equity

Liabilities

Account payable $15,100 Cash $9,500

Salaries payable $5,300 Supplies $3,600

Note payable $38,000 Prepaid insurance $5,300

Total liabilities $58,400 Building $90,000

Equity

Common stock $40,000

Retained earnings $10,000

Total equity $50,000

Total liabilities & equity $108,400 Total assets $108,400

2. The preparation of the cash flow statement is presented below:

Squirrel tree services

Cash flow statement

For the year ended December, 31, 2021

Particulars Amount ($) Amount ($)

Cash flow from operating activities-

Cash inflows customers 96,000

Cash outflows salaries (40,000)

Cash outflows supplies (22,000)

Net Cash flow from operating activities (A) 34,000

Cash flow from investing activities-

Sale of investments 35,800

Purchase of building (98,000)

Net Cash flow from investing activities (B) (62,200)

Cash flow from financing activities

Borrowed from bank 38,000

Dividends (15,500)

Net Cash flow from financing activities (C) 22,500

Net increase in cash (A+B+C) (5,700)

Add: Cash at beginning of year 15,200

Cash at end of year 9,500

7 0

4 years ago