The supply curve is a graph that shows quantity supplied at a given price. Quantity is on the x axis and price is on the y axis.
At $8, Maria is willing to supply 35 hours.
at $10, she will supply 40 hours, and at $12 she will only supply 37 hours.
The drop in hours between $10 and $12 makes sense because at $10 working 40 hours she will make $400 dollar. but at $12 she can make more money working fewer hours, and can use her time for other things.
Answer:
B) regenerative
Explanation:
A material requirements planning (MRP) system is used to merge several production activities into one single system that controls production and inventory. It's similar to ERP systems but it only focuses on the production area of a company. Using MRP systems enables production planning, scheduling, and control of production inputs (e.g. materials).
All MRP systems should be regularly updated in order to be efficient.
Answer:
a. The inventory turnover is 8.00 times
b. The days’ sales in inventory is 68 days
Explanation:
a. In order to calculate the inventory turnover we would have to use the following formula:
inventory turnover=cost of goods sold/average inventory
inventory turnover=$ 48,800/($3,100+$ 9,100)/2
inventory turnover=8.00 times
b. In order to calculate thedays’ sales in inventory we would have to use the following formula:
days’ sales in inventory=(Ending invenory/cost of goods sold)*365
days’ sales in inventory=($9,100/$48,800)*365
days’ sales in inventory=68 days
Answer:
DR Cash $589
DR Credit Card expense $31
CR Sales $620
<em>(To record sales via credit card)</em>
<u>Working</u>
Cash
= 620 * ( 1 - 5%)
= $589
Credit Card Expense
= 620 * 5%
= $31
Answer:
$ 74.23
Explanation:
We are given the following:
mean, μ = $ 104.50
standard deviation, σ = $ 23.62
Using the z-score table, we have
P(Z < z) = 10% (since we are evaluating lowest 10% of values)
hence P(Z < z) = 0.10
P(Z < -1.282 ) = 0.10
z = -1.282 (this evaluates to 0.1 on the z-score table)
Using z-score formula,
x = z *σ + μ
substituting the values,
x =- - 1.282 * 23.62 + 104.50
= 74.23
The most for the stock is $ 74.23
