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2 years ago

Fast Freight, an interstate trucking company, has had to raise price three times in the past year, significantly reducing sales

Business

1 answer:

lord [1]2 years ago

6 0

There's an increase in the fuel price which led to the increase in operating cost of the Fast Freight.

<h3>What is operating cost? </h3>

It should be noted that operating costs are the costs that are incurred by a business during production.

From the complete question, there's a increase in the fuel price which led to the increase in operating cost of the Fast Freight.

Learn more about operating cost on:

brainly.com/question/14697297

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This cases are heard directly without any intermediary or appellate review.

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3 years ago

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Adong's Fishing Products is analyzing the performance of its cash management. On average, the firm holds inventory for 65 days,

tatuchka [14]

Answer:

A. $45

B. $80

C. $8,167

Explanation:

(a) Calculation to determine the firm's cash conversion cycle

Cash conversion cycle=$65 +$15 – $35

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Therefore the firm's cash conversion cycle is $45

(b) Calculation to determine the firm's operating cycle

Operating cycle =$65 +$15

Operating cycle=$80

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Therefore the daily expenditure and the firm's annual savings if the operating cycle is reduced by 15 days will be $8,167

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2 years ago

Taylor Entertainment Center has 5 TVs on hand at the balance sheet date that cost $400 each. The net realiz- able value is $350

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Answer:

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3 years ago

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