Answer:
Reorder point is 40
Explanation:
Reorder point is the level of inventory which trigger the purchase of new inventory.
The formula for Reorder point is
Annual demand * Leadtime + Safety Stock
Reorder Point = 1040 / 365 * 14 days + 0
= 40.
The lost sales cost is $50 in goodwill, Furnco should keep a safety stock of at least 30 chairs in order to meet demand level.
Answer: Balloon Loan
A balloon loan is a type of loan where the final payment is usually much larger than the payment preceding it.
In a balloon loan, the entire loan amount is given to the borrower as soon as the loan is approved and the contract is signed.
The interest falls due and is paid during the life of the loan.
The principal however, is paid as a balloon payment on the final day of the life of the loan.
Answer:
True
Explanation:
<em>Return on Investment (ROI) is the proportion of operating assets that an investment center earned as as net operating income. </em>
<em>ROI is measure of the returned earned by a division relative to the amount invested in the assets used to generate the return.
</em>
It is calculated as follows
ROI = operating income/operating assets × 100
To evaluate a division, the division's ROI is compared to the budgeted ROI of the company. An actual ROI that exceeds the budgeted is considered a good performance and vice versa
Answer: B. $892.1 million
Explanation:
The Revenue was $939,393 million
When calculating how much cash was generated any increase to the Accounts Receivables is removed from the revenue because it signifies that more sales were made on credit and so have not given the business cash yet.
Any increase in Deferred Revenue must be added because this is Cash that has been given to the business but for accrual purposes cannot be recognized yet. Bottomline however, the Cash has been received.
Increase in Receivables = 309,196 - 221,504
= $87,692 million
Increase in Deferred Revenue= 374,730 - 334,358
= $40,372 million
The Cash generated is therefore;
= 939,393 - 87,692 + 40,372
= $892,073
= $892.1 million
I have attached the Financial Statements of Acme Corporation.
Answer: C) an annualized salary, wage or incentive payment structure and a range of benefits.
Explanation: Employee compensation is the payment given to workers when they have a job.
A is wrong because there are more ways to pay someone. For example, benefits.
B is wrong because hourly workers are considered employees.
This leaves C as the only answer left. Some examples of benefits are child care and health care.