The 2018 journal entries for Milani<span> related to its investment in </span>Seida<span> are its share in net income and share in dividends. The investment in considered as investment in associate since there is already the significant influence in </span>Seida. These are the journal entries:
<span>Investment in </span>Seida 12,0000
<span> Share in net income of </span>Seida<span> ($30,000 x 40%) 12,000</span>
#
Cash ($110,000 x 40%) 44,000
<span> Investment in </span>Seida 44,000<span> </span>
<span> #</span>
Answer:
26 packages
Explanation:
Given that:
The demand D = 186 packages in a week
Standard deviation = 13packages
The lead time L = 1.5 weeks
Order quantity Q = 750 packages
The Confidence service Level = 0.95
At the service level (SL) if we find the P(Z) of the SL using Excel, we have:
P(Z) = NORMSINV(0.95)
P(Z) = 1.64
Thus;
the safety stock = Z × SD√L
= 1.64 \times 13 (1.224745)
= 1.64\times15.92
= 26.11156
≅ 26 packages
Answer:
a. It is important to strike a balance between objectivity and positivity in a report.
Explanation:
A standard business report should be well-researched, objective, and presented in a formal format. The facts should be clear. Data presented must verifiable.
Objectivity is crucial in a business report. The business report should be framed from the company's perspective. The report must remain impersonal. For example, if the sales for the year dropped, don't say the sales were horrible. Let the numbers speak for themselves. Objectivity requires information to be presented as is; without any manipulations.
The choice of words and phrases is critical in business reporting. Caution should be taken, especially if the performance is below expectations. A poorly worded statement may send investors into a panic mode, which can affect share prices adversely. Positivity in words and body language help increase investor confidence.
Answer:
$810,000
Explanation:
incremental revenues = 20,000 x $13 = $260,000
incremental direct materials costs = 20,000 x $2 = ($40,000)
incremental direct labor costs = 20,000 x $4 = ($80,000)
additional overhead costs = $200,000 x 15% = ($30,000)
additional administrative expenses = ($86,000)
incremental net income = $24,000
combined net income = incremental net income + regular net income = $24,000 + $786,000 = $810,000
