The total value of the inventory lost in the tornado is $105,700. Explanation: The relationship is captured in this equation: Beginning inventory + inventory purchases + Gross profit = Sales + ending inventory. Plugging in the figures, $228,350 + $199,400 + $322,050 = $644,100 + ending inventory resolves to $749,800 = $644,100 + ending inventory. Thus, determining that the ending inventory amounts to $749,800 - $644,100 results in $105,700. The gross profit is calculated as Gross profit percentage multiplied by sales: 50% multiplied by $644,100 yields $322,050. Since the inventory was destroyed in the tornado, we assume the ending inventory lost corresponds to $105,700.
Answer: The result is -2.42
Explanation:
P1 = $4 Q1 = 800
P2 = $4.50 Q2 = 600
Applying the midpoint formula, we calculate:
For price:
P2 - P1/(P2 + P1)/2
= 4.5 - 4/(4.5 + 4)/2
= 0.5/4.25
= 0.12
For quantity:
Q2 - Q1/(Q2 + Q1)/2
= 600 - 800/(600 + 800)/2
= -200/700
= -0.29
The price elasticity of demand is calculated as change in quantity/change in price
= -0.29/0.12
= -2.42.
Answer:
The question is rephrased to include the options:
A. The production order quantity model applies under conditions where the basic EOQ model's assumptions hold true, except that receiving is not instantaneous.
B. Average inventory exceeds half the quantity of production order.
C. Due to the non-instantaneous receipt, some items are used immediately rather than being stored.
D. All other things being equal, a lower demand rate to production rate ratio results in a smaller production order quantity.
E. All options are true.
The right answer is option B, "Average inventory is more than one-half of the production order quantity."
Explanation:
Having inventory allows for a division within the production stages, separating finished products from those that are not yet completed, potentially generating income for the company.
An average inventory will be less than half of the production order quantity.
The production order quantity model allows for gradual receipt of orders rather than a single bulk delivery.
This model aids companies in managing their inventory holding costs and average fixed ordering expenses, ultimately helping them to check and reduce inventory costs and providing clarity on appropriate production quantities at any time.
Response:
- Impuesto sobre ventas a pagar
- FICA-impuestos de seguridad social a pagar que vencen en 40 días
Parte de un préstamo a largo plazo que vence en 1 mes
Los Pasivos Corrientes se refieren a obligaciones que deben ser pagadas en un período de 12 meses. Todo lo que sea mayor se clasifica como Pasivo a Largo Plazo. Según los elementos enlistados, los pasivos corrientes serán;
Impuesto sobre ventas a pagar, que son los tributos que el gobierno cobra sobre bienes y servicios, siendo responsabilidad de la empresa su recaudación y remisión puntual al gobierno. Esto es considerado pasivo corriente ya que se remiten con relativa frecuencia.
Los impuestos de seguridad social FICA pendientes por 40 días también son un pasivo corriente debido a su período de tiempo inferior a un año.
Una parte de un préstamo a largo plazo que vence en un mes también se clasifica como corriente por su vencimiento cercano.