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Mazyrski
1 month ago
13

Which one of the following is a working capital management decision?

Business
1 answer:
arsen [3.2K]1 month ago
7 0

Answer: Which option below illustrates a decision related to managing working capital? B. choosing between paying cash immediately for a purchase or utilizing the supplier’s offered credit.

Explanation: Working capital deals with short-term assets and liabilities. Deciding on the payment method for a purchase involves considering the overall financial objective connected to the transaction. This approach ensures the payment choice aligns optimally with the company’s financial strategy.

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Kamin Company's mixing department had a beginning inventory of 4,000 units which had accumulated conversion costs of $55,000. Du
stepan [3264]

Answer:

The conversion cost per equivalent unit in the mixing department amounts to $ 14.19

Explanation:

Step 1 Determine the Number of Units Completed

Hint: Input units in process must equal output units from the process

Thus, Units Completed = 4,000 units+8,000 units - 2,500 units

= 9,500 units

Step 2 Assess the total conversion cost for the period within the process

Hint: Conversion costs in Opening Work In Progress + Conversion Costs Initiated during the Process

So:

Opening Work In Progress         $55,000

Plus Costs Initiated during the Process $92,000

Total Conversion Costs              $149,000

Step 3 Calculate the total Equivalent Units concerning Conversion Costs

Completed Units - 100%               9,500

Closing Work in Progress - 40%   1,000

Total                                              10,500

Step 4 Determine the cost per equivalent unit for conversion costs in the mixing department

cost per equivalent unit for conversion costs= total conversion cost/ total Equivalent Units

= $149,000/ 10,500

= $ 14.19

6 0
16 days ago
Tim wants to buy a new Dodge Ram pickup, which costs $40,000. He will pay a down payment of 10 percent and finance the rest at 1
stepan [3264]

Answer:

total finance charge = $12,048

Explanation:

The total finance charge represents the combination of interest and additional charges a customer incurs for borrowing.

Tim will put down $4,000 and finance $36,000 at an interest rate of 12% over a period of 60 months. His monthly payment will be $800.80, resulting in a total payment of $800.80 x 60 = $48,048 over 5 years.

To calculate the total finance charge, subtract the principal amount of the loan from $48,048:

total finance charge = $48,048 - $36,000 = $12,048

4 0
19 days ago
A sample of 28 time shares in the Orlando, Florida, area revealed the following daily charges for a one-bedroom suite. For conve
Free_Kalibri [3472]

Response:

Analysis:

Minimum      116

Q1            224

Median    253

Q3            298.75

Maximum   353

median 253

range 237

8 0
1 day ago
Read 2 more answers
Tender Love, a company that manufactures maternity care products, holds workshops from time to time. During the workshops, train
Free_Kalibri [3472]

Answer: Missionary marketing involves indirect sales techniques where the salesperson provides product information and seeks to sway purchasing decisions.

Explanation: This approach is aimed at persuading individuals who are unfamiliar with the product or have yet to use it. The primary focus is to influence rather than conduct immediate sales. The salesperson is referred to as a Detailer, and Tender Love employs this marketing method in their strategy.

3 0
1 month ago
Butterfly tractors had $14 million in sales last year. cost of goods sold was $8 million, depreciation expense was $2 million, i
Free_Kalibri [3472]
A)
Ventas. 14
Costo de bienes vendidos. (8)
Depreciación. (2)
Intereses (1)
Beneficio neto antes de impuestos=3 millones
Impuesto. 0.35×3 = (1.05)
Ingreso neto= 1.95

Flujo de efectivo= ingreso neto+ depreciación
Flujo de efectivo=1.95+2=3.95

B)
Ingreso neto=1.95-1=0.95
Flujo de efectivo=3.95+1=4.95



5 0
1 month ago
Read 2 more answers
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