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2 years ago

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The team member that would be tasks with using sales information to predict warehouse change is the inventory manager.

<h3>Who is an inventory manager?</h3>

This is the person that works in the warehouse whose responsibilities involve the overseeing of supplies and also materials.

The inventory manager helps by monitoring and controlling the inventory as well as the physical counting of inventory.

Read more on the inventory manager here:

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Priscilla decides to order a delivery from the local sandwich shop. Her order comes to $12. 74 and there is a $2. 30 delivery ch

DochEvi [55]

Debit is the amount of the money paid or owed, it can either raise the asset amount or can reduce the equity balances. It can also be referred to as the amount spent as an expense from the account.

$ 16.95 is the total debit amount.

<h3>How to calculate Priscilla's debit?</h3>

Given,

Price of the order = $12.74
Delivery charge = $2. 30

Step 1: The 15% of the total price of the order excluding delivery will be:

$\begin{aligned}15\% &= \dfrac{\rm X}{\$12.74} \times 100\\
\\
\rm X &= \dfrac{\$12.74 \times 15}{100}\\
\\
& = \$1.91\end{aligned}$

Step 2: Add the total price of the order, delivery charge and tip.

$\$12.74 + \$ 2.30 + \$ 1.91 = \$16.95$

Therefore, option c. $ 16.95 is the expected debit from her account.

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4 0

2 years ago

BBB Company has been a successful manufacturer of quality electronics products for the past 20 years. It is a publicly traded co

OverLord2011 [107]

Answer:

Answer 1.

Beneath referenced pointers show that organization arranged the liquidation for recent years or something like that.

The way that there had been no interest in R&D for recent years which more likely than not brought about noteworthy cost putting something aside for the organization.
BBB bought expanded size of stock on layaway from providers in recent years which is a warning.
Indeed, even without bringing about any R&D cost for recent years, CFO of BBB moved toward the bank to expand the credit line of the organization and utilized all credit line without legitimate desk work.
CFO erroneously guaranteed the brokers about new product offering so as to look for advances/increment credit line.
Indeed, even with diminished deals, organization was indicating lower supply of stock. They more likely than not been offering the stock at cost to outsider or shrouded it at an undisclosed area to dupe the providers.
With no interest in R&D and declining business possibilities, organization couldn't have given new offers for subsidizing

Answer 2.

Yes, even if it is a fraudulent filing for bankruptcy, BBB organization despite everything can select to petition for financial protection or BBB can close the business through and through and escape with the reserve funds and continues from the offer of the stock. Indeed, even leasers and providers reserve the option to petition for automatic insolvency against the BBB in the event that BBB doesn't seek financial protection.

It thoroughly relies upon the BBB Company, in the event that it selects to declare financial insolvency under section 7, or 11 of the liquidation code. Be that as it may, it is just under section 11 liquidation procedures of the chapter 11 court it very well may be set up that BBB's aim and untrustworthy strategic policies establishes to insolvency misrepresentation.

3 0

3 years ago

Moorcroft Company’s budgeted sales and direct materials purchases are as follows:

SashulF [63]

Answer:

Moorcroft Company

a) A Schedule of Expected Collections from Customers for June:

June Sales - 40% of $407,000 cash = $1,628,000

June Sales - 20% of 60% of $407,000 = $48,840

May Sales - 50% of 60% of $292,000 = $87,600

April Sales - 26% of 60% of $327,000 = $51,012

Total = $1,815,452

b) A Schedule of Expected Payments for Direct Materials for June:

June Purchases - 50% of $61,000 cash = $30,500

May Purchases - 40% of 50% of $51,000 = $10,200

April Purchases - 60% of 50% of $42,000 = $12,600

Total = $53,300

c- i)A Schedule of Expected Collections from Customers for June:

June Sales - 40% of $407,000 cash = $1,628,000

June Sales - 30% of 60% of $407,000 = $73,260

May Sales - 50% of 60% of $292,000 = $87,600

April Sales - 18% of 60% of $327,000 = $35,316

Total = $1,824,176

ii) These changes increased cash collections from $1,815,452 to $1,824,176, an increase of $8,724.00

iii) The uncollectible of credit sales was halved, reducing from $9,768 (4% of 60% of $407,000) to $4,884 (2% of 60% of $407,000) for June sales for example.

iv) It is certainly worth paying the collector $1,000 or more per month.

d-i) A Schedule of Expected Payments for Direct Materials for June:

June Purchases - 40% of $61,000 cash = $24,400

May Purchases - 40% of 60% of $51,000 = $12,240

April Purchases - 60% of 60% of $42,000 = $15,120

Total = $51,760

ii) The changes reduced the cash payments for June from $53,300 to $51,760, a difference of $1,540.

Explanation:

a) When sales are made on credit, the finances of the entity will be impacted. While credit sales encourage more sales, there is the risk of uncollectible debts and short-term funding crisis due to non-receipt of payment from customers.

b) To manage this, companies introduce some incentives to encourage early payment, like cash discount. They may also formalize the debt with a note receivable. The note can also be sold for immediate cash.

c) Employing a collector to pursue receivables may be in the best interest of a company. The collector intensifies pressure on the customers to pay.

3 0

4 years ago

To spur trade, Cormoran, Brithea, and Asmakush decided on economic integration where there were no barriers to trade between the

LekaFEV [45]

Answer:

Common market.

Explanation:

In order to spur trade, Cormoran, Brithea, and Asmakush decided on economic integration where there were no barriers to trade between the three countries, they agreed on a common external trade policy, and allowed factors of production to move freely between the three countries. In short, the three countries formed a common market.

A common market can be defined as a formal agreement between a group of countries in which they adopt a common external tariff on products imported from countries outside the union. It is simply a type of market involving the formal organization of countries who have collectively agree to trade freely with one another with eliminated internal tariffs but imposes a common external tariff on trade with other countries.

Common market was founded in 1958 and was made up of countries like Luxembourg, France, Belgium, Netherlands, West Germany and Italy.

The main purpose and advantage of the common market is that, it avails member countries the opportunity to move goods, people, services and capital freely.

4 0

3 years ago

Halestorm Corporation’s common stock has a beta of 1.13. Assume the risk-free rate is 4.8 percent and the expected return on the

nadezda [96]

Answer:

13.275%

Explanation:

Using Capital Asset Pricing Model we have,

Cost of equity = Risk free return + Beta (Market return - Risk free return)

Provided risk free rate of return = 4.8%

Beta = 1.13

Market rate of return = 12.3%

Therefore cost of equity = 4.8% + 1.13 (12.3 - 4.8)

= 4.8% + 8.475%

Therefore, Halestorm Corporation's cost of equity

= 13.275%

5 0

3 years ago