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3 years ago

The amount of a good or service that a consumer is willing and able to buy at various possible

Business

1 answer:

joja [24]3 years ago

8 0

Answer:

demand

Explanation:

Economists use the term demand to refer to the amount of some good or service consumers are willing and able to purchase at each price. In economics, demand is the quantity of a good that consumers are willing and able to purchase at various prices during a given period of time. The relationship between price and quantity demanded is also called the demand curve.

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Creighton Company reported the following on the company's income statement for the year. Interest expense $600,000 Income before

avanturin [10]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Interest expense= $600,000

Income before income tax expense= 4,200,000

To calculate the interest earned ratio we need to use the following formula:

Times interest earned ratio= earnings before interest and tax/ interest rate

Times interest earned ratio= 4,200,000/600,000= 7

8 0

3 years ago

The Eks-Plore Company exports outdoor gear for firms on the east coast of the United States. The company identifies companies in

ANTONII [103]

Answer:

exporting trading company

Explanation:

Eks-Plore doesn't actually manufacture any outdoor gear. it provides trading services to companies that manufacture them. Eks-Plore sells goods produced in the US and exports them to foreign markets, e.g. European and Asian nations. This is a type of intermediary that is also responsible for located new potential markets where to sell the goods.

4 0

3 years ago

Identify the true statements about materials requirements planning. (Check all that apply.) Multiple select question. It is cons

ipn [44]

Material requirements planning is simply used for the management of manufacturing processes.

The main aim of the materials requirement planning is that it helps in keeping production activities on track. Also, there's better inventory control and an improvement in scheduling.

Based on the options given, the true statements about materials requirements planning include:

• It is used widely, especially in manufacturing.

• It is considered a push system.

• It uses a time-phased schedule that is based on lead time.

Read related link on:

brainly.com/question/12678676

5 0

3 years ago

Production equipment costing $500,000 has been purchased by a contract manufacturing company to meet the specific needs of a cus

irina1246 [14]

Answer:

Short-cut IRR = 18.75%

The company has not reached their rate of return goal on this contract and investment.

Explanation:

a) Data and Calculations:

Cost of production equipment = $500,000

Qualified investment tax credit (ITC) = 10% = $50,000 ($500,000 * 10%)

Contract period = 4 years with 4 years extension on renewal

Income tax rate for the company = 40%

Expected after-tax rate of return = 12%

Expected before-tax rate of return = 30% (12%/40%)

Annual income generated by the equipment = $150,000 for 4 years

Salvage value at the end of 4 years = $200,000

Short-cut IRR = 100%, divided by the number of years * about 75-80%

= 100%/4 * 75%

= 18.75%

8 0

2 years ago

Nikola Motors has a quick ratio of 2.00; $38,250 in cash; $21,250 in accounts receivable; some inventory; total current assets o

Margarita [4]

Answe2.55 times

Explanation:

Current assets represent the resources of short-term nature which a business expects to convert back to cash between a year. They include inventory, receivables.

Inventory turnover is the average number of days it takes a Nikola Motors to sell its its stock and replenish it. This can be determined by either working it out in number of times the stock is sold and replenished or the length of days its takes to do same.

The formula for both are given below:

Inventory turnover( no of times) = Cost of goods sold / average inventory

= x number of times

Inventory days = (Average inventory/ Cost of goods sold) *365 days

= number of days

Note: The inventory figure was not given in the question, but we can work it out;

Current assets= cash + inventory + receivables

85,000 = 38,250 + 21,250 + y Lets "y "demote inventory

y = 85,000 - 38250 - 21, 250

y= 25,500

Also we need to work out cost of sold;

Cost of goods sold = 65% × 100,000

= 65,000

Now we can work out the inventory turnover;

Inventory turnover = 65,000/25,500

= 2.55 times

Nikola Motors is seling and replacing its inventory 2.55 times

7 0

3 years ago