Answer:
Order cycle duration = 28.85 days
Explanation:
The Economic Order Quantity (EOQ) refers to the optimal order size that minimizes the combination of ordering and holding costs. It is at the EOQ point where carrying costs equate to holding costs.
To calculate EOQ, we use the formula below
EOQ = √ (2× Co× D)/Ch
Where Co is the ordering cost, Ch is the holding cost per annual unit, and D represents annual demand.
Given: Co=125, Ch= 2.50, D= 40,000
EOQ= √ (2× 125× 40,000)/2.5
EOQ = 3,162.27
The cycle time is then determined using order quantity divided by annual demand multiplied by 365 days
= 28.85 days
The stockholder's equity statement includes common stock and retained earnings, with the adjusted ending balances detailed in the attached spreadsheet. For retained earnings, the ending balance is calculated as the beginning balance plus net income minus dividends: $52,000 + $34,000 - $12,000 = $74,000. In addition, the ending balance for common stock is calculated as the beginning balance plus new shares issued: $71,000 + $20,000 = $91,000.
Answer:
Kelly's lawsuit against the seller is likely to fail. This stems from the fact that the contract included an "as is" clause. It can be assumed that Kelly acknowledged this condition before proceeding to buy the house by signing the seller's agreement. Consequently, any issues concerning the state of the house would fall under Kelly's responsibility.
Explanation:
Answer:
Choice B
Explanation:
The null hypothesis states that ∪ = $175.
The alternative hypothesis posits that ∪ₐ ≠ $175.
Since the pp value of 0.0021 is lower than the significance level, we do not reject the null hypothesis, as there is insufficient statistical evidence to suggest that the average expenditure exceeds $175.
Suri would be well-suited for a career in MARKETING.
To excel as a marketer, specific abilities are essential for success in this industry. These abilities include strong interpersonal skills, proficient writing capabilities, high levels of creativity and expression, and effective teamwork. Suri possesses these traits, which will contribute to her success in marketing.
