Answer:
b. Verify whether there is only a fixed set of alternatives.
Explanation:
Exercising premature judgement might lead to a dangerous outcome. The manager ought to be patient and explore all possible solutions.
Answer:
10.24%
Explanation:
We can use fisher formula to calculate the real rate of return. The fisher equation is given as under:
(1 + i) = (1 + r) * (1 + h)
Here
Nominal Interest Rate is i
Real Interest Rate is r and is 6%
And Current Inflation Rate is 4%
By putting values, we have:
(1 + i) = (1 + 6%) * (1 + 4%)
(1 + i) = (1.06) * (1.04)
(1 + i) = 1.1024
i = 1.1024 - 1 = 10.24%
The nominal interest rate that I would suggest is 10.24%.
Answer:
The curve and calculation are attached below
Answer:
The Just-in-time( JIT) inventory management
Explanation:
The Just-in-time( JIT) inventory management approach seeks to increase efficiency in the stock management process. JIT achieves efficiency by reducing the cost of holding stocks and eliminating wastage associated with keeping a high volume of inventory. Under JIT, materials are ordered when they are required for production. The business does hold stocks or will have minimal quantities in the stores.
George can adopt the just-in-time system in his place of work. His cost of holding stock will reduce as materials will be purchased to meet the current production requirements. Market demand determine production. It means there will be no storage of a high volume of finished goods, which ties up a lot of capital.
Answer:
merchandise inventory
March 2: -562,200
<u>March 6: 61,000</u>
-501,200
accounts receivable
March 2: 878,600
March 6: -118,800
<u>March 12: -759,800</u>
0
sales revenue
March 2: 878,600
<u>March 6: -118,800</u>
759,800
<u />
COGS
March 2: 562,200
<u>March 6: 61,000</u>
501,200
<u />
cash
<u>March 12: 759,800</u>
759,800
