1. The elements of the carrying cost of inventory include the following:
Capital costInventory service costInventory risk costStorage space cost.2. The relationship between the carrying cost of inventory and the inventory levels and capital investment is shown by the Economic Order Quantity (EOQ) Model.
The EOQ model defines that there will be an increased carrying cost of inventory when the inventory order is above the EOQ level, which also results in increased capital investment for the purchase of inventory that is kept in stock for a long period.
Thus, the carrying cost of inventory and the inventory levels and capital investment have a linear relationship. When one element increases, the other two elements will also increase.
3. ABC Inventory stratification helps management to reduce the carrying cost equation since it divides the inventory into many classifications to ensure the matching of inventory levels based on their annual requirements or demand.
What is inventory?Inventory refers to the stock of goods that a company holds at the end of the trading period because it has remained unsold to outside parties.
Inventory is one of the current assets used in determining the current ratio.
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Assume the following information: April 1 Inventory 3 units at cost of $20 April 10 purchase 5 units at cost of $20 April 12 sale 6 units Using the perpetual inventory system, what is the amount of cost of goods sold
The amount of the cost of goods sold, using the perpetual inventory system, is $120.
What is the perpetual inventory system?The perpetual inventory system is an inventory management system that records all inventory transactions as they occur and not at the end of the accounting period when inventory counts are carried out.
It is the opposite of the periodic inventory system. Using the perpetual inventory system, entries are made directly to the inventory account and the cost of goods sold with each inventory transaction.
Data and Calculations:Beginning inventory 3 units at $20 = $60
April 10 Purchase 5 units at $20 = $100
Total cost of goods available for sale = $160
April 12 Sales 6 units
Ending inventory = 2 (8 - 6) = $40
Cost of goods sold = $120 ($20 x 6) or ($160 - $40)
Thus, the amount of the cost of goods sold, using the perpetual inventory system, is $120.
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The chart shows a combined supply and demand schedule. A 3-column table has 5 rows. The first column is labeled Price per Pair of Running Shoes with entries 45 dollars, 75 dollars, 100 dollars, 125 dollars, and 150 dollars. The second column is labeled Quantity Demanded with entries 100, 80, 60, 40, 20. The third column is labeled Quantity Supplied with entries 40, 50, 60, 70, 80. According to this table, what will happen when the price of a pair of shoes rises from $100 to $125? The cost to make a pair of shoes will rise. A scarcity of shoes will result. Profits from selling shoes will increase. Consumers will want to buy fewer pairs of shoes.
Profits from selling shoes will increase if the price of a pair of shoes climbs from $100 to $125. As a result, option (c) is the correct answer.
What is the shift in shoe price denote?When the price is $100, the quantity demanded equals the quantity given, which equals 60.
When the price is $125, the number required is 40 and the number given is 70.
Earnings if sold for $100 and earnings based on a $125 sale.
[tex]100 \text{ x } 60 = 6,000\\125 \text{ x } 70 = 8,750[/tex]
Profit will now rise in lockstep with earnings per pair of shoes.
Therefore, the answer is, that profits from selling shoes will increase, out of the possibilities given.
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The world is the house of all relatives.explain it.
Explanation:
would is our house.
all peoples that live on this earth they are our relatives.
all peoples and animals are our family.
all are our brothers and sisters.
I love this world.
we have to always give respect to our parents, teacher and all elders.
The world is the house of all our relatives' simply means that the world belongs to each one of us and that we are a one big family. Everyone is bonded by the fabric of life and that makes us all alike and related.
This line denotes the idea that every single person on earth is connected to one another in one way or the other. No man is stranger because if we look closely, we are all from the same genus.
It is important that we treat each other respectfully and dearly for we are all a part of one big family.
Carolina is the vice president of the environmental club at her high school. She is in charge of e-mailing members about upcoming events, answering questions from new members about enrollment, and explaining club guidelines to club members. As a part of her position, Carolina employs a lot of _______________ communication.
Answer:
Downward communication
Explanation:
She is a higher up in the club, and conveys information to the rest of the club members, who don't have as much of an important position. Her job is to move information given to her to the rest of the members.
2. Review EOH 2021 Integrated Report and explain in a few words if the strategy has been implemented and is working or not.
The EOH 2021 Integrated Report covers the area of EOH policies and programme in the area of social and economic development, and others.
What was the reporting of EOH 2021 about?The reporting of EOH 2021 was one that focused on:
SustainabilityDiversity and inclusion, Ethical culture Employee wellnessIn the workings of the business, the report stated that the company make sure that employees were assisted in one way or the other.
Conclusively, EOH was said to have complied with the key environmental, social and governance rules and regulations that is required for reporting as they were guided by Global Reporting Initiatives (‘GRI’) Standards.
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An asset has an average return of 10.94 percent and a standard deviation of 20.98 percent. What range of returns should you expect to see with a 95 percent probability
If the standard deviation is 20.98%. The range you should expect to see with a 95 percent probability is: -31.02 percent to +52.9 percent.
Expected range of returnExpected range of return = 10.94 percent ± 2(20.98 percent)
Expected range of return =[10.94 percent- 2(20.98 percent)]; [10.94 percent + 2(20.98 percent)]
Expected range of return =(10.94 percent- 41.96 percent); (10.94 percent + 41.96 percent
Expected range of return = -31.02 percent to +52.9 percent
Inconclusion the range of returns is: -31.02 percent to +52.9 percent.
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Based on the values of Zara, what values has Zara created for customers?
Explanation:
. Soupe à l’oignon
This is a traditional French soup made of onions and beef stock, usually served with croutons and melted cheese on top. Dating back to Roman times, this was traditionally a peasant dish although the current version dates from the 18th century. The soup’s unique flavor comes from the caramelization of the onions, which often have brandy or sherry added during the slow-cooking process. If you’re in a soup mood, why not try Marseille’s traditional soupe de poisson à la rouille. Once a fisherman’s favorite, this soup is characterized by a dollop of garlic and saffron mayonnaise placed on top.
French onion soup
Make your own
Choose a classic French onion soup recipe
Use a slow cooker
Try an authentic French-language recipe
2. Coq au vin
This quintessential French food was popularized by Julia Child, becoming one of her signature dishes. The dish sees chicken braised with wine, mushrooms, salty pork or bacon (lardons), mushrooms, onions, garlic and sometimes even a drop of brandy. Although the name translates as ‘rooster in wine’ – the braising is ideal for tougher birds – the recipe usually uses chicken or capon. The wine is typically Burgundy, although regional variations of the dish exist across France that use local wines. These include coq au vin jaune (Jura), coq au Riesling (Alsace), and coq au pourpre (Beaujolais nouveau). Believe it or not, there’s even a coq au Champagne (Champagne).
It is ____________ to miss a job opportunity because you are a minority worker.
Reverse discrimination
When a person is denied an opportunitity because of preferences given to protected-class individuals who may be less qualified.
Using the interest method, the journal entry to record the first interest payment and the related amortization for bonds issued at a discount includes a __________ to __________.
debit; Discount on Bonds Payable
credit; Discount on Bonds Payable
credit; Interest Expense
debit; Cash
With a savings and investment program designed for retirement, you can _?_. Choose all that apply. (personal finance class)
prepare for those emergency expenditures
primarily help your friends and family in time of need
ensure that you will be better prepared for your retirement years
none of the above
The savings and investment program that is designed for retirement can be used to:
prepare for those emergency expenditures primarily help your friends and family in time of need.ensure that you will be better prepared for your retirement years.What is an investment?It should be noted that an investment simply means the dedication of asset in order to attain an increase in value for a period of time.
In this case, the investment van be used to prepare for those emergency expenditures, primarily help your friends and family in time of need and ensure that you will be better prepared for your retirement years.
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Which of the following are the limitations of conducting extra military instruction (EMI)? Select all that apply.
Answer:
chief Petty officers
Explanation:
because it can assign no more than a total of ten hours of EMI
Chief petty officers is the limitations of conducting extra military instruction.
What is Chief petty officers?Just above Petty Officer First Class and below Senior Chief Petty Officer, Chief Petty Officer is the seventh rank in the US Navy and US Coast Guard. Registered occupational specialty are referred to as "evaluation."
In the naval forces of English-speaking nations, most frequently the US Navy, a chief petty officer (CPO) is a member of the rank group of non-commissioned officers with portepee. The closest equivalent would be a chief petty officer with a boatswain's rank in the German Navy.
The highest non-commissioned officer rank in the U.S. Navy is Master Chief Petty Officer of the Navy (MCPON). There is just one Non Commissioned Officer (NCO) who simultaneously holds this rank and position.
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Using the interest method, the journal entry to record the first interest payment and the related amortization for bonds issued at a premium includes a __________ to __________.
debit; Premium on Bonds Payable
debit; Cash
credit; Premium on Bonds Payable
credit; Interest Expense
Imagine you are making a $1000 purchase with different payment options. Which of the following
would you pay the LEAST (you may need a spreadsheet or calculator)?
A. 8% APR, no payments for the first 6 months, then 6 monthly payments
B. 10% APR, with 12 monthly payments
C. 12% APR, with 6 monthly payments
D. Not sure how to calculate these values to know total cost
The payment option that pays the LEAST is B. B. 10% APR, with 12 monthly payments, as it pays back a total of $1,008.33, for borrowing $1,000.
How to calculate payment options:Payment options can be computed using an online finance calculator as follows:
The option that pays the least total cost should be chosen.
Data and Calculations:Loan payment = $1,000
A. 8% APR, no payments for the first 6 months, then 6 monthly payments:
Amount after 6 months = $1,040 ($1,000 + $1,000 x 0.08 x 1/2)
N (# of periods) = 1
I/Y (Interest per year) = 8%
PV (Present Value) = $1,040
FV (Future Value) = $0
Results:
PMT = $174.49
Sum of all periodic payments = $1,046.93 ($174.49 x 6)
Total Interest =$46.93 ($40 + $6.93)
B. 10% APR, with 12 monthly payments:
N (# of periods) = 1
I/Y (Interest per year) = 10%
PV (Present Value) = $1,000
FV (Future Value) = $0
Results:
PMT = $84.03
Sum of all periodic payments = $1,008.33
Total Interest = $8.33
C. 12% APR, with 6 monthly payments:
N (# of periods) = 1
I/Y (Interest per year) = 12%
PV (Present Value) = $1,000
FV (Future Value) = $0
Results:
PMT = $168.33
Sum of all periodic payments = $1,010.00
Total Interest $10.00
Thus, the payment option that pays the LEAST is Option B.
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Please answer quickly
What is the value proposition of Tata Nano?
In the context of exporter and buyer relationships, the value of sales is high but business impact is low in which of the following relationship types?
The transactional relationship exist where value of sales is high but business impact is low since emphasis are on pure transaction rather than any other matters.
What is a business relationship?This means the connections that exist between the the people that engage in commerce transactions such as from:
buyer to sellerbuyer to exportersupplier to buyer.importer to buyer etc.The main types of relationships that exist in the business are transactional, functional, affiliative and strategic relationships.
Therefore, the transactional relationship is the answer.
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Robert receives a salary of $60,000 per year, or $2,500 semi-monthly. How
much does Robert pay in unemployment taxes for the entire year?
A. $840
B. $0
C. $420
D. $210
The amount that Robert will pay in unemployment taxes for the entire year will be B. $0.
Determination of Unemployment Taxes PayableEmployers are subject to an unemployment tax which is known as Federal Unemployment Tax Act (FUTA) depending on the wages and salaries they pay their workers.
Employers must pay FUTA if their employees earn $1500 or more per calendar quarter.
Employers are not obligated to withhold FUTA from employees if we compare it to other payroll-based taxes.
As a result, no unemployment taxes should be deducted from Robert's pay.
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What could happen if an employee goes against what the business needs
Answer:
she must be fire
Explanation:
because he or she brakes the law
the african economic community (AEC) is an organization of african union states establishing a single market, a central bank and common currency. what type of arrangement does this BEST represent
Explanation:
The aim of the AEC is to promote economic, social and cultural development as well as African economic integration in order to increase self-sufficiency and endogenous development and to create a framework for development, mobilisation of human resources and material.
More Annual Dividends
Question 5 Attached
Based on the dividends paid on a semi-annual basis, the annual dividend for each of Susan's shares are $2.24.
What is the annual dividend?First find the quarterly dividend per share:
= Dividend / Number of shares
= 1,400 / 2,500
= $0.56
The annual dividend will be:
= Quarterly dividend x Number of quarters in year
= 0.56 x 4
= $2.24
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If a firm had sales of $60,000 during a period and sales returns and allowances of $9,000, its net sales were:
Answer:
51,000
Explanation:
Which of the following is the most
"liquid" asset?
A. currency
B. checking accounts
C. certificate of deposits
Answer:
A. currency
Explanation:
Answer:
a
Explanation:
The CEO of TruTone Manufacturing tells her executive management team that the company must become more agile to stay competitive. She says, "We have several options to improve our agility, a couple that we have already started to implement. But, most importantly, I believe that we need to organize around our primary strengths and expertise: our __________."
The statement "I believe that we need to organize around our primary strengths and expertise" complete part is: core capabilities.
What is core capabilities?Core capabilities can defined as the ability to put into use the skills, knowledge you have developed so as to achieve your set goals and objectives.
A company or organization that want to have an a competitive advantage over other companies, the employers of that company must possess core capabilities as this will enables them to stay competitve.
Inconclusion the complete part of the given statement is: core capabilities.
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Respond by (1) Identifying the type of syllogism below (Categorical, Disjunctive, Conditional) and (2) explain, in your own words, why the structure of the syllogism may be correct, but the conclusion could be false.
Major Premise: If the sidewalk is wet, then it must have just rained.
Minor Premise: The sidewalk is wet.
Conclusion: Therefore, it just rained.
The type of syllogism being used in the given sentence is a conditional syllogism.
What is Syllogism?This refers to the use of reasoning in order to draw conclusions about something based on two premises.
Hence, we can see that conditional syllogism was used in the given premises and this is because it made use of either-or to show that if the sidewalk was wet, then that means that it must have rained.
This reasoning is faulty because there are different possible reasons for the sidewalk to be wet and not just rainfall.
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Firm A is a profit-maximizing firm with a monopoly in the production of Good X. The firm sells its good for $10 each. We can conclude that Firm A is producing a level of output at which:
If the Firm A is having a monopoly in the production of X we can assume that the Firm A is producing at a level of output which is marginal cost equals marginal revenue.
What is a monopoly?This is a situation that exists in a market where there is a single producer or seller of a product. The monopolist has no competitors.
Due to this he enjoys unfair advantages and can set the price in the market to any level that he wants.
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NEED HELP ASAP PLEASEEE!
1 Question Attached
Answer:
$2,250
Explanation:
If you owned 3,000 shares and they had an annual dividend of $0.75 per share, you would have received $2,250 because 3,000*.75=2,250.
What is collaborative business relationship
Answer:
developing long lasting, trusting relationships with your business partners by taking a strategic collaborative approach, so that you are able to jointly create new and sustainable value.
Explanation:
THATS IS MY ANSWER
Customer: "Will you delve into this problem?"
Yes, I will respond to this problem.
Yes, I will escalate this problem.
Yes, I will understand this problem.
Yes, I will research this problem.
Yes, I will ignore this problem.
Answer:
the cancer is the fourth responce
The correct option is D). Yes, I will research this problem.
What are the different ways in responding to customer complaints?A customer is an individual who buys products or services from a store, restaurant or other retail seller. As per business definition, customer is the king of the market. Customer is the most important part of your business because without the customer, there would be no sales.
It is really important to respond to the customer's complaints and concern by providing them best and appropriate customer services. Listen to their problems very carefully and always treat all complaints positively and seriously.
Empathy and sympathy are two important terms that need to be consider appropriately while handling customer's complaints.
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Because corporate officers have the implied power to bind the firm in matters directly connected to its business, there is no limit to what the officer can do. True False
It should be noted that corporate officers have the implied power to bind the firm in matters directly connected to its business.
Who are corporate officers?corporate officers serves as those workers in a company or an organization who are seen as officials and they have allocated duties and responsibilities .
These officers posses the power to bind the firm in matters directly connected to its business.
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Budgets that are revised by adding a new quarterly budget to replace the quarter that just elapsed are called: A) Production budgets. B) Sales budgets. C) Cash budgets. D) Rolling budgets. E) Capital expenditures budgets.
When a budget is revised by adding a new quarterly budget to replace a previous one, this is a D. Rolling budget.
What is a rolling budget?This is a type of budget that is considered continuous and perpetual because it captures the needs of the company over a longer period.
For instance, a rolling budget might be for a year but divided into 4 parts for each quarter such that as each quarter comes along, the company will simply start using the next quarterly budget.
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