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Anon25
1 month ago
6

Pixi Boutique will have cash receipts of​ $57,000 in December and cash disbursements of​ $51,000 for this month. If its beginnin

g cash is​ $12,000 and its desired reserve is​ $9,000, what will its excess be for​ December?
A. There is no excess but a shortfall.
B.​ $6,000
C.​ $9,000
D. ​$18,000
Business
1 answer:
harina [3.8K]1 month ago
6 0
The excess cash balance stands at $9000, and the correct option is C.
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2 months ago
When talking about buyer-readiness stage in online lecture, we talked about an advertisement that encourages women to buy rings
marusya05 [3725]

Response:

The correct choice is letter "E": Conviction.

Rationale:

The stages of buyer readiness illustrate the process that marketing identifies consumers undergo while making a purchase influenced by advertisements. These stages include: Awareness, Knowledge, Liking, Preference, Conviction, Purchase. In the stage of conviction, marketing is aimed at persuading customers of the product's appropriateness for them. The advertisement seeks to instill confidence in consumers regarding their purchasing decision. Consequently, motivating women to purchase rings for themselves fits within this stage.

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2 months ago
Consulting life (10 points) Mt. Kinley is a strategy consulting firm that divides its consultants into three classes: associates
soldi70 [3635]

Answer:

A. 50

B. 4%

Explanation:

To determine the number of new MBA graduates that Mt. Kinley must recruit annually, we calculate the flow rate of associates by dividing the average number of associates by the flow time for associates.

Requirement A:

Flow rate of associates = Average inventory of associates / Flow time of associates

Flow rate of associates = 200/4

Flow rate of associates = 50

Thus, the company needs to hire 50 new MBAs each year.

Requirement B

The likelihood of an associate advancing to partner is 20% x 20%

This results in a probability of 4% for an associate to become a partner

Therefore, the probability that a new employee at Mt. Kinley will be promoted to partner stands at 4%

Working

The manager flow rate equals the average inventory of managers divided by their flow time

The flow rate of managers = 60/6

The flow rate for managers totals 10 per year

For partners, the flow rate is calculated as the average inventory of partners divided by their flow time

The flow rate of partners = 20/10

This results in 2 partners per year

The probability of an associate becoming a manager is given by 10/50

yielding a probability of 20%

The chances of progressing to partner stands at 2/10

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3 0
1 month ago
Northwood Company manufactures basketballs. The company has a ball that sells for $25. At present, the ball is manufactured in a
Mariulka [3825]

Answer:

Follow the instructions provided below.

Explanation:

Given the data:

The selling price of the company's ball is $25.

Variable cost per item= $15.00

Fixed costs= 426,000

The contribution margin ratio is the percentage of sales contributing to fixed costs. It is calculated using:

Contribution margin ratio= (selling price - unit variable cost)/selling price

Contribution margin ratio= (25 - 15)/25= 0.4

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The degree of operating leverage quantifies the change in income relative to sales fluctuations.

Degree of operating leverage= total contribution margin / (total contribution margin - fixed expenses)

Degree of operating leverage= (62,000*10) / [(62,000*10) - 426,000]

Degree of operating leverage= 3.20

6 0
2 months ago
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