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butalik [34]
3 years ago
7

Q 6.26: Early in 2022, Baker Company switched to a JIT (just-in-time) inventory system. Financial information for the two most r

ecent years is listed below: By how many days did the days in inventory ratio decrease as a result of the switch to the JIT system?
Business
1 answer:
kipiarov [429]3 years ago
7 0

Answer:

Incomplete question.

Explanation:

Now that using different inventory systems would result in a different value of the inventory.

For example, the JIT (just in time) system implies that the company request inventory just in time when they are needed for production or supply. It therefore means that the value of their inventory level using this method should be lesser, since Baker Company would only receive inventory of what it wants to utilize immediately.

You might be interested in
Achieving high product quality lowers operating costs because of the effect of quality on:___________.
denpristay [2]

Answer:

Option C, corporate-level planning, is the right answer.

Explanation:

Option C, “corporate-level planning” is the correct answer because it is the corporate planning according to which every employee has to work. If the quality of planning is good then the firm will produce higher output with lower operating cost and if the planning is not good or suitable then the firm can increase the productivity but operating cost may go very high. Therefore, option C is right.

5 0
3 years ago
The attitude adopted by Calvin Coolidge that government should play a small role in business affairs is known as what?
nydimaria [60]

Answer:

3) laissez-faire

Explanation:

Laissez-faire is a French expression that means to let us do, or applied to economics, let the economy self regulate itself. It was not a doctrine developed by Adam Smith, but rather by French economists who supported the idea of no government intervention in the economy.

President Coolidge believed that the government should not interfere with businesses and that businesses themselves were able to create prosperity for the nation.

3 0
3 years ago
MC Qu. 84 Two investment centers... Two investment centers at Marshman Corporation have the following current-year income and as
dusya [7]

Answer:

The correct answer is 11.28%

Explanation:

Solution

Recall that:

                                          Investment center A    Investment center B

Investment center income    $ 530,000                $ 640,000

Investment center average

invested assets                     $ 4,700,000                $ 3,100,000

Now,

We calculate for return on investment (ROI) for Investment Center A

The ROI A=Investment center income/Average invested assets  which is

= (530000/4,700,000)

=11.28%

8 0
3 years ago
Neuman Corporation Convertible Bonds The following data apply to Neuman Corporation's convertible bonds: Maturity: 10 Stock pric
Natalija [7]

Answer:

A. The bond’s conversion ratio is 28.57

B. The bond’s conversion value is $857.14

C. The bond’s straight debt value is $798.70

D. The minimum price at which Neuman’s bonds should sell is $857.14

Explanation:

A. In order to calculate the bond’s conversion ratio we would have to calculate the following formula:

bond’s conversion ratio=par value/conversion price

According to the given data:

par value=$1,000

Conversion price=$35

Therefore, bond’s conversion ratio=$1,000/$35

bond’s conversion ratio=28.57

B. To calculate the bond’s conversion value we would have to make the following calculation:

bond’s conversion value=bond’s conversion ratio*Stock price

bond’s conversion value=28.57*$30.00

bond’s conversion value=$857.14

C. To calculate the bond’s straight debt value we would have to calculate the following formula:

bond’s straight debt value=PV(0.08,10,50,1,000)

bond’s straight debt value=$798.70

D. The minimum price at which Neuman’s bonds should sell is $857.14

7 0
3 years ago
You want to be a venture capitalist (you have a lot of money to invest in other business that needed money) and recently identif
vfiekz [6]

Answer:

Invest money yourself and start a small venture capital company.

Explanation:

Venture capital is business financing strategy for startups which require high investments but also have high risk. The returns for such business is also high due to the risk exposure. These business have potential to grow beyond expectations. The investments is made by a person in the company to give it rise because of its long term growth potential. The solar power generation have trend that is gaining significance so investing in such a business is intelligent move.

6 0
2 years ago
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