A company normally orders the EOQ of 120 units and the reorder point is 30 units. However, due to changing conditions, it has become necessary for the company to carry safety stock to prevent stock outs. Which of the following should occur? a. the order quantity will increase. b. the order quantity will decrease. c.
Kevin wants a return of 50% from his one-year investment in real estate. He believes that he can sell the property at the end of the year for $250,000 and that the property will provide him with income of $50,000. What is the maximum amount that Kevin should be willing to pay for the property? a. $125,000 b. $150,000 c. $200,
1- In your work environment, identify a probability (either stated or assumed) that is a premise for making decisions and directing action. Potential candidates are customer or competitor behavior, technology or regulatory change, and "forces of nature" (severe weather, etc.) Describe how the probability has been used in decisio
You have been running a sole-proprietorship business dealing in cosmetic products. You have been accurately recording all your sale and purchase transactions in journals and using the journals in the general ledger accounts. Lately, you have observed that the entire exercise is taking a lot of time. You, therefore, are consideri
** Please see the attached file for the complete problem description ** The solution computes for forecasting, linear equation, least-squares regression method, estimates, correlation coefficient, relationships and the coefficient of determination.
The accounting records of Rhonda's Rugs show the following balances at Dec 31 Cash $3,000 Notes payable $ 9,000 Equipment 21,000 Owners investment 15,000 Merchandise 5,000 Revenue from Catering 12,000 Owed to owners 4,000
Woodscross LLC had the following events occur during the month of July. 1. Receivd $40,000 from investors for contributed capital 2. Borrowed $15,500 from the bank 3. Paid $4,100 for rent 4. Made sales on account for $12,500 5. Made cash sales to customers totaling $29,700 6. Repaid part of the bank loan for $6,000
Ramsey corporation reported the following accounts and balances in its financial statements: cash $35,000? inventory $10,200,equipment $19,500,accounts payable $16,350,contributed capital $30,000, retained earnings $18,350. arrange the accounts and balances into the accounting equation using the following equation and then an
1.You have been nominated by your institution for a seminar because of your proficiency in basic accounting concepts. The participants and audience include college professors, practicing CPAs, and fellow students. The theme of the seminar is Basic Accounting Principles. You have been asked to share whether or not the statement "
Research Terminology Matching Assignment Match the letter of the term on the right to the definition of that term on the left. Definitions Terms 1. A research study which includes repeated observations over a period of time. ____ A. Interval B. Cross-sectional C. Ordinal D. Basic research E. Exploratory F. Lo
FLEXO markets shoes under its brand name. Recently it developed a new product.The investment in the product was $1.5 million. The company expected to depreciate the investments over the TEN-year-period. Annual depreciation is used as an element of fixed costs. The project overhead cost per year was $350,000. The labor cost was $
What implications do forecast errors have for the search for ultrasophisticated statistical forecasting model? All forecasts contain some error whether the model is simple or sophisticated, because forecasts are predictions of the future based on past data. Forecast errors can be caused by changes in conditions that generated
I want to create a worksheet to track my grades and GPA. What formulas and/ or functions might I use? Explain why I chose the specific formula and/or function. These are some of my classes,and grades. Accounting for Non-Accounting Major-------D+ Marketing-------------C Academic Strategies for the Business Professional---
This solution explains how this should be done to capture the necessary information in the LP model.
Bond X is a premium bond making annual payments. The bond pays an 13 percent coupon, has a YTM of 9 percent, and has 24 years to maturity. Bond Y is a discount bond making annual payments. This bond pays a 9 percent coupon, has a YTM of 13 percent, and also has 24 years to maturity. If interest rates remain unchanged, you would
Ashes Divide Corporation has bonds on the market with 13.5 years to maturity, a YTM of 9.4 percent, and a current price of $1,075.6. The bonds make semiannual payments. The coupon rate on these bonds must be ??? percent.
One of your customers is delinquent on his accounts payable balance. You've mutually agreed to a repayment schedule of $600 per month. You will charge .6 percent per month interest on the overdue balance. If the current balance is $16,823.05, it will take ??? months for the account to be paid off.
How can statistical data and comparison reports be used to help verify that the books are in order and transactions have been recorded correctly?
Analyze the following and report on your conclusions: a. At the current exchange rate of $1.40 per euro, a company sells 5 million bouters to the European Community (EC) at $100 per bouter. i. What will happen to this company's sales if the dollar appreciates by 15 percent? ii. What will happen to the company's sales i
Given an economy that is operating at less than the full employment level, analyze the effects of an increase in consumer confidence on the following markets. Start with an initial equilibrium in each market. 1. The market for goods and services and the relevant variables in the market. 2. The money market and the relevan
See the attached file. Estimating The Index Model Using Historical Data a. Using the "excess returns" for ABC, XYZ, and Market listed in the table near-by, compute the following statistical values: 1. Average 2. Variance 3. Std Deviation 4. Correlation (ABC:Market) 5. Covariance (Covariance.P, ABC:Market) 6. Beta I
Use the attached data on the nominal money supply, nominal interest rates, the consumer price index, and inflation rates, to compute the current real stock of money (for M2 only) in the US and real interest rates for each of the ten years.
Calculate the productivity C. A. Ratchet, the local auto mechanic, finds that it usually takes him 2 hours to diagnose and fix a typical problem. What is his daily productivity (assume an 8 hour day)? Mr. Ratchet believes he can purchase a small computer trouble-shooting device, which will allow him to find and fix a prob
See attached file. Please answer the questions (a to d). a) Calculate the project completion time. b) Indicate the critical path activities. c) What is the probability of completing this project between 38 and 40 days? d) What are the slack values for activities C and F? Interpret the meaning of their slack values?
Pretend that you have been given $1,000,000.00 to spend as you choose on physical items. You can only buy one of each thing. You must buy exactly 20 items. You donâ??t have to include tax and shipping. Spend exactly 1,000,000.00 to the penny. Include a picture and detailed description of each item and why you bought it.
A company 'A' needs 10,000 units of a certain part to use in its production cycle. If the company buys the part from another company 'B', company 'A' cannot use the excess capacity for another manufacturing activity. Forty percent of the overhead will continue regardless of what decision is made. Cost for company 'A' to make the
1. Why do companies hire people with MBA degrees with high salaries? 2. Would you please briefly suggest what are important math/statistics topics that you think to include in such courses? 3. Every manager can do simple math calculations (adding and subtracting numbers). So, managers can see what is the earning of the comp
1. Do you think that it is possible to make a decision with one-hundred percent certainty? What are possible elements you may consider before making a business decision so that you can minimize uncertainty in your decision? 2. What are possible elements you may consider as a manager before making a business decision so that
Could you explain to me how you get the amount in the lost column such as day 1 = 25 etc.? Day RN Demand Unsold Lost Profit 1 52 200 0 25 175*0.2-25*0.1=32.5 2 6 100 75 0 100*0.2-75*0.3=-2.5 3 50 200 0 25 175*0.2-25*0.1=32.5 4 88 250 0 75 175*0.2-75*0.1=27.5 5 53 200 0 25 175*0.2-25*0.1=32.5
Office building maintenance plans call for the stripping, waxing, and buffing of ceramic floor tiles. This work is contracted out to maintenance firms, and both technology and labor requirements are very basic. Supply and demand conditions in this perfectly competitive service market in New York are: QS = 2P