B. Contributions to personal retirement accounts remain the property of the individual of heirs, but SS payments are transferred to others.
Contributions to personal retirement accounts remain the property of the individual or heirs, but Social Security payments are transferred to others. Thus, option B is correct.
What is retirement?Retirement can be termed as when a person leaves an active work life and takes the decision of not returning to work. people usually tend to take retirement at the age of 50 to 60. they may take full, partial, or temporary retirement.
Retirement accounts are basically created by people to have a saving, a tax-free income, and that act as social security.
If you have a retirement account, then the amount that is in the account remains with the account holder itself, but the amount of social security gets transferred to the others. Therefore, option B is the correct option.
Learn more about retirement, here:
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Assume the following information for Larry Corp. Journalize receivables transactions. Accounts receivable (beginning balance) $142,000 Allowance for doubtful accounts (beginning balance) 11,360 Net credit sales 945,000 Collections 910,000 Write-offs of accounts receivable 5,200 Collections of accounts previously written off 1,900 Uncollectible accounts are expected to be 8% of the ending balance in accounts receivable. Instructions a. Prepare the entries to record sales and collections during the period. b. Prepare the entry to record the write-off of uncollectible accounts during the period. c. Prepare the entries to record the recovery of the uncollectible account during the period.
Answer:
Following are the Journal entry to the question in the attached file.
Explanation:
Fabrics has budgeted overhead costs of $1,039,500. It has allocated overhead on a plantwide basis to its two products (wool and cotton) using direct labor hours which are estimated to be 495,000 for the current year. The company has decided to experiment with activity-based costing and has created two activity cost pools and related activity cost drivers. These two cost pools are cutting (cost driver is machine hours) and design (cost driver is number of setups). Overhead allocated to the cutting cost pool is $396,000 and $643,500 is allocated to the design cost pool. Additional information related to these pools is as follows:
Wool Cotton Total
Machine hours 110,000 110,000 220,000
Number of setups 1,100 550 1,650
Required:
Calculate the overhead rate using activity based costing.
Answer:
Fabrics
Overhead Rates based on activity-based costing
Cutting = $1.80
Design = $390
Explanation:
a) Data and Calculations:
Budgeted overhead costs = $1,039,500
Estimated direct labor hours for the current year = 495,000 hours
Predetermined overhead rate based on traditional method = $2.1 ($1,039,500/495,000)
Activity Cost Activity Cost Drivers Overhead Wool Cotton Total
Pools
Cutting Machine hours $396,000 110,000 110,000 220,000
Design Number of setups $643,500 1,100 550 1,650
Overhead Rates based on activity-based costing
Cutting = $1.80 ($396,000/220,000)
Design = $390 ($643,500/1,650)
During December, Far West Services makes a $2,000 credit sale. The state sales tax rate is 6% and the local sales tax rate is 2.5%.
Required:
Record sales and sales tax payable.
Answer:
Total sales tax payable:170, sales :2000
Explanation:
Sale price x sales tax rate = sales tax payable
2000 x .085 (6%+2.5%) = 170
it doesn’t say so I’m assuming that the 2,000 credit sale does NOT include the sales tax due.
Asonia Co. will pay a dividend of $4.95, $9.05, $11.90, and $13.65 per share for each of the next four years, respectively. The company will then close its doors. If investors require a return of 9.2 percent on the company's stock, what is the stock price
Answer: $30.86
P = $4.95/(1 + .92) + $9.05/(1 + .92)^2 + $11.90/(1 + .92)^3 + $13.65/(1 + .92)^4
P = 4.53+7.59+ 9.14+ 9.60=$30.86
Explanation:
Dividend discount: Dividend year 1 divided by (1 plus the required rate of return)
PLUS Dividend year 2 divided by (1 plus the required rate of return) to the second power
PLUS Dividend year 3 divided by (1 plus the required rate of return) to the third power
PLUS Dividend year 4 divided by (1 plus the required rate of return) to the fourth power
Country A has a GDP of $4,600 in Country A dollars, and Country B has a GDP of $2,400 in Country B dollars. If the exchange rate is 1.5 Country B dollars to 1 Country A dollar, what is Country B's GDP in Country A dollars
Answer: Country A $1,600
Explanation:
Country A's currency is stronger than Country B's which is why Country B needs more of its currency to buy a single unit of Currency A.
You can use direct proportion to find out Country B's GDP in Country A dollars
Country B currency to Country A
1.5 : 1
2,400 : x
1.5x = 2,400
x = 2,400 / 1.5
= Country A $1,600
In ________ organizational cultures, more individuality is shown through the organization’s rules being less strictly applied.
Answer:
weak
Explanation:
An organizational culture can be defined as the shared norms, beliefs, assumptions and values that exist in an organization.
An ethical climate can be defined as a collection of behaviors that are considered to be acceptable and correct within an organization or business firm. Also, an ethical climate provides the human resources management of an organization with a framework or benchmark on how employee behavioral issues or ethical problems are to be managed or handled within the organization.
In weak organizational cultures, more individuality of an employee working within an organization is shown as a result of the organization’s rules being less strictly applied.
On a related note, the rules guiding an organization are generally strictly being applied in strong organizational culture.
Susan uses her office building as collateral to access credit and take out a loan from the bank. Because of the loan, she can hire three people to help her manage her business.
Answer:
property rights
Explanation:
edmentum/plato
The following information is available for Fenton Manufacturing Company at June 30:
Cash in bank account $ 11,455
Inventory of postage stamps $ 74
Money market fund balance $ 10,400
Petty cash balance $ 350
NSF checks from customers returned by bank $ 867
Postdated checks received from customers $ 791
Money orders $ 290
A nine-month certificate of deposit maturing on December 31 of current year $ 6,000 Based on this information, Fenton Manufacturing Company should report Cash and Cash Equivalents on June 30 of:_________.
Answer:
the Cash and Cash Equivalents on June 30 is $22,495
Explanation:
The computation of the Cash and Cash Equivalents on June 30 is given below:
Cash in bank account $ 11,455
Add: Money market fund balance $ 10,400
Petty cash balance $ 350
Money orders $ 290
Cash and Cash Equivalents $22,495
Therefore the Cash and Cash Equivalents on June 30 is $22,495
A particular forecasting model was used to forecast a six-month period. Here are the forecasts and actual demands that resulted: FORECAST ACTUAL April 244 344 May 318 468 June 393 493 July 343 293 August 368 268 September 443 568 a. Find the tracking signal for each month.
Answer:
MONTH TRACKING SIGNAL
April 1
May 2
June 3
July 3
August 2
September 3
Explanation:
Given the data in the question;
A B C D E F G
Month Forecast Actual Error |Error| RSFE MAD
cumulative
C-D |C-D| of D
April 244 344 100 100 100 100.00
May 318 468 150 150 250 125.00
June 393 493 100 100 350 116.67
July 343 293 -50 50 300 100.00
August 368 268 -100 100 200 100.00
September 443 568 125 125 325 104.17
the tracking signal for each month will be;
Tracking Signal =
Running Sum of Forecast Errors (RSFE) / Mean Absolute Deviation (MAD)
so substitute
Month of APRIL;
Tracking signal = 100 / 100.00 = 1
Month of MAY;
Tracking signal = 250 / 125.00 = 2
Month of JUNE;
Tracking signal = 350 / 116.67 = 2.9999 ≈ 3
Month of JULY;
Tracking signal = 300 / 100.00 = 3
Month of AUGUST;
Tracking signal = 200 / 100 = 2
Month of SEPTEMBER;
Tracking signal = 325 / 104.17 = 3.11 ≈ 3
Therefore,
MONTH TRACKING SIGNAL
April 1
May 2
June 3
July 3
August 2
September 3
Below is a list of account balances for Currie Hospital as of December 31, 2013. Prepare a balance sheet as of December 31, 2013, in proper form. (Hint: You will need to compute the net assets account. Assume that all net assets at the beginning of the year are unrestricted.) You may use either a Word document or an Excel spreadsheet to construct the balance sheet.
Account Balance
Gross plant & equipment $6,000,000
Accounts payable 130,000
Inventories 100,000
Other current liabilities 70,000
Net accounts receivable 650,000
Accrued expenses 100,000
Accumulated depreciation 200,000
Long-term debt 5,000,000
Cash 210,000
Answer: See explanation
Explanation:
The balance sheet is illustrated below:
Currie Hospital Balance Sheet
ASSETS
Current Assets
Cash $210,000
Inventories $100,000
Accounts receivable, net $650,000
Total Current Assets $960,000
Gross plant & equipment $6,000,000
Less: Accumulated depreciation $200,000 5,800,000
Total Assets 6,760,000
Liabilities and net assets
Current liabilities
Accounts Payable $130,000
Accrued expenses and other liabilities $170,000
Total current liabilities $300,000
Long-term debt $5,000,000
Total Liabilities $5,300,000
Net assets
Unrestricted $1,460,000
Total net assets $1,460,000
Total liabilities and net assets $6,760,000
Miller Company is constructing a building. Construction began on January 1 and was completed on December 31. Expenditures were $12,800,000 on March 1, $10,560,000 on June 1, and $16,000,000 on December 31. Miller Company borrowed $6,400,000 on January 1 on a 5-year, 12% note to help finance construction of the building. In addition, the company had outstanding all year a 10%, 3-year, $12,800,000 note payable and an 11%, 4-year, $24,000,000 note payable. What is the actual interest for Miller Company
Answer:
Miller Company
The actual interest for Miller Company is:
= $4,688,000.
Explanation:
a) Data and Calculations:
Expenditures:
March 1 $12,800,000
June 1 $10,560,000
Dec. 31 $16,000,000
Notes Payable: Amount Actual Interest
January 1: 5-year, 12% Construction Loan = $6,400,000 $768,000
Year's: 3-year, 10% Note Payable = 12,800,000 1,280,000
Year's: 4-year, 11% Note Payable = 24,000,000 2,640,000
Total $43,200,000 $4,688,000
Required information
[The following information applies to the questions displayed below.]
Hudson Co. reports the contribution margin income statement for 2019.
HUDSON CO.
Contribution Margin Income Statement
For Year Ended December 31, 2019
Sales (9,600 units at $225 each) $ 2,160,000
Variable costs (9,600 units at $180 each) 1,728,000
Contribution margin 432,000
Fixed costs 324,000
Pretax income $ 108,000
1. Assume Hudson Co. has a target pretax income of $162,000 for 2020. What amount of sales in dollars) is needed to produce this target income?
2. If Hudson achieves its target pretax income for 2020, what is its margin of safety (in percent)? (Round your answer to 1 decimal place.)
1. Amount of sales
2. Margin of safety
1. Compute Hudson Co.'s contribution margin per unit.
2. Compute Hudson Co.'s contribution margin ratio.
3. Compute Hudson Co.'s break-even point in units.
4. Compute Hudson Co.'s break-even point in sales dollars. per unit
1. Contribution margin
2. Contribution margin ratio
3. Break-even point
4. Break-even sales dollars units
The marketing manager believes that increasing advertising costs by $81,000 in 2020 will increase the company's sales volume to 11,000 units. Prepare a forecasted contribution margin income statement for 2020 assuming the company incurs the additional advertising costs. HUDSON CO. Forecasted Contribution Margin Income Statement For Year Ended December 31, 2020 Sales Variable costs Contribution margin Fixed costs Income (pretaxy Loss Should the company incur the additional advertising costs?
Answer:
Hudson Co.
1. Amount of sales dollars
= $2,430,000
2. Margin of safety (in percent)
= 33%
3-1) Contribution margin per unit = $45
2) Contribution margin ratio = 20%
3) Break-even point in units = 7,200 units
4) Break-even point in sales dollars = $1,620,000 $255
Explanation:
a) Data and Calculations:
HUDSON CO.
Contribution Margin Income Statement
For Year Ended December 31, 2019
Sales (9,600 units at $225 each) $ 2,160,000
Variable costs (9,600 units at $180 each) 1,728,000
Contribution margin 432,000
Fixed costs 324,000
Pretax income $ 108,000
Contribution margin per unit = $45 ($432,000/9,600)
Contribution margin ratio = 20% ($45/$225 * 100)
Break-even point in units = 7,200 ($324,000/$45)
Break-even point in sales dollars = $1,620,000 ($324,000/0.20) $255
1. With target pretax income of $162,000:
Amount of sales dollars = (Fixed cost + Target profit)/Contribution margin ratio
= $2,430,000 ($324,000 + $162,000)/0.20
2. Margin of safety (in percent)
1. Amount of sales = $2,430,000
2. Margin of safety = $810,000 ($2,430,000 - $1,620,000)
Margin of safety in percentage = 33% ($810,000/$2,430,000 * 100)
Locus Company has total fixed costs of $112,000. Its product sells for $35 per unit and variable costs amount to $25 per unit. Next year Locus Company wishes to earn a pretax income that equals 10% of fixed costs. How many units must be sold to achieve this target income level?
A.1,120.
B. 8,214.
C.11,200.
D.12,320.
E.14,080.
Answer:
D.12,320.
Explanation:
The computation of the number of units to be sold for attaining the target income level is given below:
Target profit
= 10% of fixed cost
= 10% of 112,000
= 11200
Now
Sales needed = (Fixed costs +target profit) ÷ unit contribution margin
= (112,000+11,200) ÷ (35-25)
= 123,200 ÷ 10
= 12,320 units
Question 4
Which of the following is an example of an asset?
A. Repairs and Maintenance
B. Accounts Receivable
C. Accounts Payable
D. GST Collected
Answer:
Accounts Receivable
Explanation:
A is an expense, C and D are liabilities
If the annual interest rate printed on the face of a bond is 20 percent, the face value of the bond is $1,000, and you purchase the bond for $1,250, what is the current yield on the bond
Answer: 16%
Explanation:
Given the details in the above question, you can calculate the yield of a bond using the following formula:
= Par value of bond * Coupon rate/ Current price of bond
= 1,000 * 20% / 1,250
= 1,000 * 0.00016
= 0.16
= 16%
This makes sense because the bond is selling at a price above the face value of $1,000 which can only mean that the coupon rate is higher than the yield.
Zooey is a single mother of two young children whose husband died in a tragic car accident. She earns $20,000 per year working as a cashier at a grocery store. The government uses a negative income tax system in which Taxes owed = (1/4 of income) - $15,000.
How much does Zooey owe or receive from the government?
a. She owes $5,000
b. She receives $10,000.
c. She owes $10,000.
d. She receives $15,000.
Answer:
b. She receives $10,000
Explanation:
Taxes owed = (1/4 of income) - $15,000.
Taxes owed = (1/4 x 20,000) - $15,000.
= 5,000 - 15,000 => -10,000
Hence, she receives $10,000 from the government.
A negative income tax is a system where people earning below a certain amount receive supplemental pay from the government instead of paying taxes to the government.
Sami transferred property with a fair market value of $600 and a tax basis of $300 to a corporation in exchange for stock with a fair market value of $600. In addition, Sami received stock with a fair market value of $50 in exchange for services she provided to the corporation in the incorporation process. Which of the following statements best describes the tax result to Sami because of the exchanges?
a. Sami will recognize $50 of compensation income, but she can count the shares of stock she receives in exchange for services in determining if the control test is met under section 351.
b. Sami will recognize $50 of compensation income, but she cannot count the shares of stock she receives in exchange for services in determining if the control test is met under section 351
c. Sami will not recognize S50 of compensation income, but she can count the shares of stock she receives in exchange for services in determining if the control test is met under section 351
d. Sami will not recognize $50 of compensation income, and she cannot count the shares of stock she receives in exchange for services in determining if the control test is met under section 351
Answer: Sami will recognize $50 of compensation income, but she can count the shares of stock she receives in exchange for services in determining if the control test is met under section 351.
Explanation:
Due to the exchanges in the question, it should be noted that Sami will recognize $50 of compensation income. It should be noted that under section 351, services are not considered to be property. She can then count the stock that she get for the services in order to be able to know whether the control test is met.
Entry for Uncollectible Accounts
Outlaw Bike Co. is a wholesaler of motorcycle supplies. An aging of the company's accounts receivable on December 31 and a historical analysis of the percentage of uncollectible accounts in each age category are given below.
Estimated Uncollectible Estimated Uncollectible
Age Interval Balance Accounts Percent Accounts Amount
Not past due $780,000 1/2% $3,900
1-30 days past due 85,800 2 1,716
31-60 days past due 39,000 9 3,510
61-90 days past due 28,100 16 4,496
91-180 days past due 20,300 41 8,323
Over 180 days past due 14,800 65 9,620
Total $968,000 $31,565
Assume that the allowance for doubtful accounts for Outlaw Bike Co. had a debit balance of $5,680 as of December 31. Journalize the adjusting entry for uncollectible accounts as of December 31.
Answer:
Date Account title and Explanation Debit Credit
31 Dec Bad Debts Expense $37,245
Allowance for doubtful debts $37,245
($31,565 + $5,680)
(To record the adjustment entry)
the financial statements for banana company include the following items: 20x9 20x8 cash $51,500 $50,000 short-term investments 25,000 15,000 net accounts receivable 53,000 50,000 merchandise inventory 163,000 50,000 total assets 532,000 554,000 accounts payable 131,500 124,000 salaries payable 25,000 13,000 long-term note payable 59,000 53,000 compute the current ratio for 20x8. group of answer choices
Answer:
1000,$5000maaf kalo salah
Break-Even Units: Units for Target Profit Jay-Zee Company makes an in-car navigation system. Next year, Jay-Zee plans to sell 16,000 units at a price of $320 each. Product costs include: Direct materials $68
Direct labor $40
Variable overhead $12
Total fixed factory overhead $500,000
Variable selling expense is a commission of 5 percent of price; fixed selling and administrative expenses total $116,400.
Required:
1. Calculate the sales commission per unit sold. Calculate the contribution margin per unit.
2. How many units must Jay-Zee Company sell to break even? Prepare an income statement for the calculated number of units.
3. Calculate the number of units Jay-Zee Company must sell to achieve target operating income (profit) of $333,408.
4. What if the Jay-Zee Company wanted to achieve a target operating income of $322,000? Would the number of units needed increase or decrease compared to your answer in Requirement 3? Compute the number of units needed for the new target operating income.
Answer:
Jay-Zee Company
1. Sales commission per unit sold is:
= $16.
The Contribution margin per unit is:
= $184.
2. Break-even units are:
= 3,350 units
Income Statement for 3,350 units:
Sales revenue $1,072,000 ($320 * 3,350)
Variable cost of goods sold 455,600 ($136 * 3,350)
Contribution margin $616,400 ($184 * 3,350)
Fixed costs:
Factory overhead $500,000
Selling and administrative 116,400
Total fixed costs $616,400
Net operating income $0
3. Units to sell to achieve income of $333,408 are:
= 5,162 units
4. The number of units needed would decrease.
The number of units needed for the new target operating income is:
= 5,100 units.
Explanation:
a) Data and Calculations:
Planned sales unit for the next year = 16,000
Sales price per unit = $320
Product costs:
Direct materials $68
Direct labor $40
Variable overhead $12
Total fixed factory overhead $500,000
Variable selling expense = $16 ($320 * 5%)
Fixed selling and administrative expenses = $116,400
Total variable costs per unit = $136
Contribution margin per unit = $184 ($320 - $136)
Total fixed costs = $616,400 ($500,000 + $116,400)
To break-even, units to sell = $616,400/$184 = 3,350 units
Units to sell to achieve a profit target of $333,408:
= $616,400+ $333,408/$184
= 5,162 units
Units to sell to achieve a profit target of $333,408:
= $616,400+ $322,000/$184
= 5,100 units
Solstice Company determines on October 1 that it cannot collect $65,000 of its accounts receivable from its customer, P. Moore. Apply the direct write-off method to record this loss as of October 1.
Required:
Record the write off an account.
Answer:
Dr Bad Debt Expense $65,000
Cr Accoutn Receivable $65,000
Explanation:
Preparation of the journal entry to Record the write off an account.
Based on the information given the appropriate journal entry to Record the write off an account be is :
Dr Bad Debt Expense $65,000
Cr Accoutn Receivable $65,000
(To Record write off an account)
Daphne Inc., a steel manufacturing company, is planning to buy a new plant at $1,090,000. The life of the plant is estimated to be 5 years and has cash flows of $109,000, $218,000, $327,000, $436,000, and $545,000. Calculate the payback period for the new plant.
a. 5 years
b. 2 years
c. 4 years
d. 3 years
Answer:
The payback period is exactly 4 years.
Explanation:
Giving the following information:
Initial investment= $1,090,000
Cf1= 109,000
Cf2= 218,000
Cf3= 327,000
Cf4= 436,000
Cf5= 545,000
The payback period is the time required to cover the initial investment:
Year 1= 109,000 - 1,090,000= -981,000
Year 2= 218,000 - 981,000= -763,000
Year 3= 327,000 - 763,000= 436,000
Year 4= 436,000 - 436,000= 0
The payback period is exactly 4 years.
VICTORIA COMPANY CVP Income Statement For the Month Ended April 30, 2020 Total Per Unit Sales (9,000 units) $450,000 $50 Variable costs 225,000 25.00 Contribution margin 225,000 $25.00 Fixed expenses 184,950 Net income $40,050 Management is considering the following course of action to increase net income: Reduce the selling price by 5%, with no changes to unit variable costs or fixed costs. Management is confident that this change will increase unit sales by 20%. Using the contribution margin technique, compute the break-even
Answer:
Follows are the solution to the given question:
Explanation:
In this question, we assume that there is no change in selling price.
So,
[tex]\text{Break-even point}\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \frac{184950}{25}\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 7398\ units\\\\\text{Break-even point} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 7398\times 50 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 369900\\\\ \text{Margin of safety}\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 450000-369900 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 80100\\\\[/tex]
Miscavage Corporation has two divisions: the Beta Division and the Alpha Division. The Beta Division has sales of $300,000, variable expenses of $152,100, and traceable fixed expenses of $70,300. The Alpha Division has sales of $610,000, variable expenses of $335,800, and traceable fixed expenses of $131,900. The total amount of common fixed expenses not traceable to the individual divisions is $133,200. What is the company's net operating income
Answer: $86700
Explanation:
The net operating income is used in knowing the profitability of an investment. The net operating income is gotten by subtracting the expenses from the revenue.
Based on the information given in the question, the net operating income is $86700. Kindly check the attachment for further details.
Which measure of central tendency and dispersion can syafig calculate
Answer:
nominal variables
Explanation:
A permanent flood control dam is expected to have an initial cost of $2.8 million and an annual upkeep cost of $20,000. In addition, minor reconstruction will be required every 5 years at a cost of $200,000. As a result of the dam, flood damage will be reduced by an average of $180,000 per year. Using an interest rate of 6% per year, the conventional B/C ratio will be closest to:
Answer:
0.81
Explanation:
Present Value of annual Maintenance cost = $20,000 / 6% = $333,333.33
In five year time, $200,000 is required as major maintenance cost. So effective rate for 5 year = [(1 + 6%) ^ 5] - 1 = 1.3382 - 1 = 0.3382 = 33.82%. Present Value of 5 year cost = $200,000 / 33.82% = $200,000 / 0.3382 = $591,366.06
Total Present Value cost = $2,800,000 + $333,333.33 + $591,366.06 = $3,724,699.39.
Annual Cost = $3,724,699.39 * 6% = $223,481.96.
Benefit / Cost = $180,000 / $223,481.96
Benefit / Cost = 0.805434138845032
Benefit / Cost = 0.81
So, conventional B/C ratio is 0.81.
Happy Giraffe has preferred stock that pays a dividend of $9.00 per share and sells for $100 per share. It is considering issuing new shares of preferred stock. These new shares incur an underwriting (or flotation) cost of 2.10%.
Required:
a. How much will Happy Giraffe pay to the underwriter on a per-share basis?
b. After it pays its underwriter, how much will Happy Giraffe receive from each share of preferred stock that it issues?
Answer:
a. $2.10b. $97.90Explanation:
a. Underwriter fees per share:
= Selling price of share * Underwriting cost
= 100 * 2.10%
= $2.10
b. Amount received per share:
= Selling price per share - underwriting fees per share
= 100 - 2.10
= $97.90
Kim Thorsten uses rationale to make decisions for project implementation. She believes that the right decisions can be made only through analysis and examination. Each time she needs to make a decision, she weighs all options before taking action. Which of the following is a characteristic of Thorsten's personality type according to the Myers-Briggs Type Indicator (MBTI) classification?
a. intuitive
b. thinking
c. introverted
d. perceiving
e. feeling
Answer: b. thinking
Explanation:
Kim Thorsten has the personality type known as thinking. People like her are logical when they make decisions which means that they rely less on emotion and use rationale and evidence to make decisions.
These people are pragmatists and will only make a decision that they believe is objectively the best one after considering other options. This is what Kin does and why she is under thinking.
If demand is not uniform and constant, then stockout risks can be controlled by: increasing the EOQ. spreading annual demand over more frequent, but smaller, orders. raising the selling price to reduce demand. adding safety stock. reducing the reorder point.
Answer: Adding safety stock
Explanation:
A stockout is when the orders of the customer for a particular product is more than the amount of inventory that is kept on hand and this leads to lost sales, and a negative impact on the long-term relationship with the customer.
Since the demand is not uniform and constant, then stockout risks can be controlled by adding safety stock. The safety stock is asimply the additional quantity of an item which is held in the inventory in order to help to reduce stockout risk.
wnload bus260final exam sp21.docx (432 KB)| A
Page
1
of 16
ZOOM
C) Employment in the service sector has declined in recent years, and this decline is expected to co
D) There has been little change in the number of jobs in the service sector in recent years; however
expected to increase rapidly.
2) According to the box, "Services Expand the Circular Economy," technology is helping turn prod
services by
A) restricting what customers can and cannot buy for personal use.
B) producing items that are designed to reach obsolescence quickly.
C) offering new ways to access items like movies or music and by adding sensors to allow compan
new business models.
D) developing more disposable items.
3) Which of the following organizations is an example of the goods-producing sector of the econon
Samsung Flectronics
I
Answer:
what, what, what did you say
