A bakery buys flour in 25-pound bags. The bakery uses 1,215 bags a year. Ordering cost is $10 per order. Annual carrying cost is $75 per bag. a. Determine the economic order quantity. b. What is the average number of bags on hand

Answers

Answer 1

Answer: a. 18 ; b. 9

Explanation:

a. Determine the economic order quantity.

The following can be derived from the question:

Annual demand D = 1215 bags

Ordering cost S = $10

Holding cost H = $75

Economic order quantity = ✓2DA/H

= ✓2 × 1215 × 10/75

= 18

b. What is the average number of bags on hand

This will be gotten by dividing the economic order quantity by 2 which will be:

= 18/2

= 9


Related Questions

The cost of speeding relates crashed in 2008 accounted for per second

Answers

Answer:

Thanks for the fact

Explanation:

Can I have brainliest pls?

Consider the following model

i) C = 1650 + mpc (Y - tY)
ii) I = 800
iii) G = 500
iv) X - M = 500 - mpi (Y)

where: t = the (flat) tax rate

mpc = the marginal propensity to consume
mpi = the marginal propensity to import

Suppose mpc = 0.60, t = 0.15, mpi = 0.2 Given the information above, solve for the equilibrium output:_________

a. Y* = 3450
b. Y* = 5000
c. Y* = 5500
d. Y* = 1650

Answers

Answer:

The correct option is b. Y* = 5000.

Explanation:

Y = C + I + G + (X - M) ................ (1)

Substituting the defined equations into equation (1), we have:

Y = 1650 + mpc (Y - tY) + 800 + 500 + 500 - mpi (Y) ............. (2)

Since we are given:

mpc = 0.60

t = 0.15

mpi = 0.2

We also substitute them into equation (2) and solve for Y* as follows:

Y = 1650 + (0.60 (Y - 0.15Y)) + 800 + 500 + 500 - 0.2Y

Y = 1650 + 0.60Y - 0.09Y + 800 + 500 + 500 - 0.2Y

Y - 0.60Y + 0.09Y + 0.2Y= 1650 + 800 + 500 + 500

Y(1 - 0.60 + 0.09 + 0.2) = 3,450

Y0.69 = 3,450

Y* = 3,450 / 0.69

Y* = 5,000

Therefore, the correct option is b. Y* = 5000.

During the year, Hamlet Inc. paid $22,000 to have bond certificates printed and engraved, paid $170,000 in legal fees, paid $9,000 to a CPA for registration information, and paid $280,000 to an underwriter as a commission. What is the amount of bond issue costs

Answers

Answer:

$481,000

Explanation:

Bond issue costs are either direct or indirect costs:

direct costs include underwriting fees, listing fees, professional fees, compliance costs and other costs related to the IPO or APO (secondary issues), e.g printing costsindirect costs include underpricing costs (IPO pricing is too low) and loss of proprietary information

Total bond issue costs = $22,000 + $170,000 + $9,000 + $280,000 = $481,000

Awanda buys a $1000 par value 11-year bond with 8% semiannual coupons. The redemption value is equal to the par value. Awanda bought the bond at a premium to yield 4% convertible semiannually. Determine the interest portion of the 17th coupon

Answers

Answer:

interest portion (17th payment) = $22.24 ≈ $22

premium amortization portion (17th payment) = $17.76 ≈ $18

Explanation:

the market price of the bond:

PV of face value = $1,000 / (1 + 2%)²² = $646.84

PV of coupon payments = $40 x 17.658 (PV annuity factor, 2%, 22 periods) = $706.32

market price = $1,353.16

the journal entry to record the investment in bonds:

Dr Bonds receivable 1,000

Dr Premium on bonds receivable 353.16

    Cr Cash 1,353.16

I prepared an amortization schedule using excel to determine the interest portion of the 17th payment and the premium amortization portion.

interest portion (17th payment) = $22.24 ≈ $22

premium amortization portion (17th payment) = $17.76 ≈ $18

If offered employment by Amazon, would you be legally eligible to begin employment immediately?

Answers

Answer:

Explanation:

offered employment by Amazon, would you be legally eligible to begin employment immediately?

Legally eligible for employment could be explained as having the right to take up a job in a particular country, which means one should posses a work permit or visa which will allow one to work for an employer in US since AMAZON is in US.

.it should be noted that The applicant is considered eligible, if the applicant is available bin US when submitting it as a citizen or with work permit

Therefore, I'm eligible to begin work immediately, if I'm offered employment by Amazon, if I meet the above criteria, and we know Amazon is in US.

Yes, a U.S. natives will be legally eligible to begin employment immediately after been offered employment by Amazon,

Eligibility in this context refers to the right to take up a job in the country.

The United State natives are eligible by birth, whereas, non-citizen would be required to possess a work permit or visa to allow him/her to work for the Amazon in US.

Therefore, in conclusion, a U.S. natives will be legally eligible to begin employment immediately after been offered employment by Amazon whereas a non-citizen will be required to possess a visa or work permit

Read more about this here

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To avoid the legal perils of electronic communications, employees must be taught to:

a. organize relevant messages.
b. use technical jargon.
c. delete all old messages.
d. write loose messages.

Answers

Answer:

a. organize relevant messages.

Explanation:

Electronics communications may be defined as the use of transfer of signals, images, signs, writings, sounds, intelligence or data of any nature that is transmitted in a whole or in a part with the help of wire, electromagnetic, radio,  photo-electronic or some photo-optical system.

With the help of electronic communication, instant or immediate feedback or messages can be conveyed. In order to avoid legal risk, the employees should organize the relevant messages when communicating some kind of electronic communications.

Which of the following is the main purpose of a visual aid?


A. To display attention grabbing graphics


B. To improve audience understanding and memory


C. To inform the audience


D. To persuade the audience

I'll mark Brainliest

Answers

Answer:

B

Explanation:

visual aids help your audience understand and remember information that you talk about

How important is structure/culture compared to the other primary internal considerations for a strategic plan?

Answers

Explanation:

The organizational structure and culture are essential for the design of a strategic plan aligned with the organization's purpose.

What happens is that the structure and culture of an organization constitute its identity, its way of organizing itself and creating an environment designed to obtain the objectives and goals stipulated by strategic planning. So it can be said that there is no way to develop a strategic plan without considering the structure or culture, because it is through these two variables that action plans are developed and modeled according to what the company is, and what it plans to be in the future. All organizational systems must be foreseen in the planning and be developed with the same degree of importance, because together they form the organizational whole that will lead a company to be well positioned in the market, achieve continuous improvement in its processes, achieve competitive advantage in the market, etc.

Structure and culture are the pillars upon which the business organizes its operational activities to get a smooth flow in these different activities.

What is the importance of structure/culture in a strategic plan?

The structure defines communication and reporting relationships while culture defines business norms to be followed. It is essential for strategic planning as it helps to develop a competitive edge for the business that would measure its growth.

Therefore, it generates foundations for bringing change and flexibility in the business for achieving improvement in its processes.  

Learn more about structure and culture here:

https://brainly.com/question/25869332

If the anticipated inflation rate is 2 percent and the nominal interest rate is 6 percent, the real interest rate will be:

Answers

Answer:

Real interest rate= 0.04 = 4%

Explanation:

Giving the following information:

Inflation rate= 2%

Nominal interest rate= 6%

To calculate the real interest rate, we need to use the following formula:

Real interest rate= nominal interest rate - inflation rate

Real interest rate= 0.06 - 0.02

Real interest rate= 0.04 = 4%

What is the present value of the following payment stream, discounted at 8% annually: $1,000 at the end of year 1, $2,000 at the end of year 2, and $3,000 at the end of year 3?

a. $5,022.10
b. $5,144.03
c. $5,423.87
d. $5,520.00

Answers

Answer:

a. $5,022.10

Explanation:

The computation of the present value is shown below:

Present Value is

= year 1 cash inflows ÷ (1 + rate of interest)^year 2 + year 1 cash inflows ÷ (1 + rate of interest)^year 2 +  year 3 cash inflows ÷ (1 + rate of interest)^year 3

= $1,000 ÷ (1 + 0.08)^1 + $2,000 ÷ ( 1 + 0.08)^2 + $3,000 ÷ (1 + 0.08)^3

= $5,022.10

Hence, the present value is $5,022.10

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Delivering the different HR policies that reward for customers satisfaction is vertical or horizontal?

Answers

Answer: Horizontal Alignment

Explanation:

The human resource horizontal alignment seeks to bridge the gap between the organization and the customer's. With this scenario, the company is able to identify it's customer's and seek out from ways to reward them of the patronage and seek ways to increase better relationship with them

The following items may appear on a bank statement:

a. NSF check
b. EFT deposit
c. Service charge
d. Bank correction of an error from recording a $300 check as $30

Required:
Indicate whether the item would appear as debit or credit memo on the bank statement and whether the item would increase or decrease the balance of your account.

Answers

Answer:

a. NSF check  ⇒ non-sufficient funds check: it is a debit memo that decreases the account balance. One or more of the checks from third parties that you deposited didn't have enough funds to be cashed.

b. EFT deposit  ⇒ electronic funds transfer: credit memo that increases the account balance. Someone deposited money to your account through an electronic transfer, e.g. online transfer.

c. Service charge  ⇒ debit memo that decreases the account balance. This is a fee charged to you by the bank for the banking services provided.

d. Bank correction of an error from recording a $300 check as $30 ⇒ debit memo that decreases account balance. A check that you wrote was erroneously recorded as $30 when its value was $300.

On April 12, Hong Company agrees to accept a 60-day, 6%, $6,900 note from Indigo Company to extend the due date on an overdue account. What is the journal entry that Indigo Company would make, when it records payment of the note on the maturity date? (Use 360 days a year.)A) Debit Cash $7,625; credit Interest Revenue $125; credit Notes Payable $7,500.B) Debit Notes Payable $7,500; debit Interest Expense $188; credit Cash $7,688.C) Debit Notes Payable $7,500; credit Interest Expense $125, credit Cash $7,375.D) Debit Notes Payable $7,500; debit Interest Expense $125; credit Cash $7,625.E) Debit Cash $7,625; credit Interest Revenue $125; credit Notes Receivable $7,500.

Answers

Answer:

Notes payable is debited by $6,900, Interest expense is debited by $69 and cash is credited by $6,969

Explanation:

Interest = Principal Amount * Rate * Number of days  / 360

Interest = $6,900 * 6% * 60/360

Interest = $69

Cash to be paid = Principal Amount + Interest

Cash to be paid = $6,900 + $69

Cash to be paid = $6,969

On the date of maturity, the journal entry to make the payment of note payable is:

Date     Account Title and Explanation      Debit     Credit

June 11  Note payable                                   $6,900  

             Interest expenses                            $69

                     Cash                                                          $6,969

              (To record the payment of notes payable along with interest)

Alexandra has two articles about social media consumption, one from 2007 and one from 2018, that she could include in her research about social media and addiction. Which one may be the more appropriate article, according to the CRAAP analysis?

Answers

Answer:

The 2018 article

Explanation:

CRAAP stands for Currency, Relevance, Authority, Accuracy, and Purpose. It is a test conducted by educationists and researchers to evaluate the credibility of a source of information. The use of Craap eliminates the possibility of using untrustworthy sources for research.

The C stands for currency, which is all about the timeliness of the information. Currency check whether the information obtained is most recent. Researchers want to know where it was published or posted and whether it has been revised. Most recent information will be acceptable in Craap compared to older data as it may be deemed outdated.

2. (8 points) You purchased a T-bill on April 4, 2018. a. Find the price of a one-year $7000 bond with discount rate of .14%,

Answers

Answer:

$ 6,990.21  

Explanation:

The price of the one-year bond is its face value discounted using the present value formula below:

PV=FV/(1+r)^n

PV is the price of the bond which is unknown

FV=face value=$7000

r=0.14%

n=1 year

PV=$7000/(1+0.14%)^1

PV=$7000/1.0014

PV=$6,990.21  

If Huy Fong were to introduce a new milder version of its renowned Sriracha hot chili sauce to satisfy customers who think the current product is too spicy and the original product is kept in the product mix, this would represent a _______.

a. product differentiation
b. product modification
c. line extension
d. quality modification
e. brand extension

Answers

Answer:

a. product differentiation

Explanation:

Product differentiation is the process whereby a product or service is distinguished from others. This is to make it more attractive to a particular segment of the market which is quite different from the general market.

For Huy Fong trying to introducing a new milder version of its renowned Sriracha hot chili, it would represent product differentiation.

Bigelow has a levered cost of equity of 14.29% and a pretax cost of debt of 7.23%. The required return on the assets is 11%. What is the firm's debt-equity ratio based on MM Proposition II with no taxes?

Answers

Answer:

0.873

Explanation:

Given that

Cost of equity, RS = 14.29% = 0.1429

Required return on assets = 11% = 0.11

Cost of debt = 7.23% = 0.0723

Then we can calculate the firm's debt equity ratio by using the relation

0.1429 = 0.11 + B/S(0.11 - 0.0723)

0.1429 = 0.11 + B/S(0.0377)

B/S(0.0377) = 0.1429 - 0.11

B/S(0.0377) = 0.0329

B/S = 0.0329 / 0.0377

B/S = 0.873

Therefore, the debt equity ratio is 0.873

You have recently purchased an annual interest-paying bond with a time to maturity of ten years, a yield to maturity of 5%, and coupon rate of 3.8%. If you reinvest the remaining interest payments and principle repayment at an annual rate of 4%, how much money will you have in ten years

Answers

Answer:

$1,456.23

Explanation:

Calculation for how much money will you have in ten years

First step is to calculate FV

Using this formula

FV= C*(((1 + i/100)^n -1)/(i/100))

Where,

C represent Cash flow per period

i representinterest rate

n represent number of payments

Let plug in the formula

FV= 38*(((1+ 4/100)^10-1)/(4/100))

FV = 456.23

(Note 3.8%*1000 will give us 38)

Now let calculate how much money you will have in ten years

Using this formula

Amount in 10 years = FV of interest+ Par value

Let plug in the formula

Amount in 10 years= 456.23+1000

Amount in 10 years = $1,456.23

Therefore the amount of money you will have in ten years is $1,456.23

If the nominal interest rate is 7 percent and the real interest rate is -2.5 percent, then the inflation rate is Group of answer choices -9.5 percent. -4.5 percent. 4.5 percent. 9.5 percent.

Answers

Answer:

Inflation = 9.5%

Explanation:

Inflation can be defined as the persistent general rise in the price of goods and services in an economy at a specific period of time.

Given the following data;

Nominal interest rate = 7 percent.

Real interest rate = -2.5 percent

Real interest rate = Nominal interest rate - Inflation

Inflation = Nominal interest - Real interest rate

Inflation = 7 - (-2.5)

Inflation = 9.5%

Kohl's Corporation decided to discontinue its Kohl's credit card operations. What factors would this department store company have considered prior to making this decision?

Answers

Answer:

The most likely factor that this department store company would have considered in discontinuing its credit card operations is the issue of bad debt.

Bad debt may likely have prevented them from making the required profit to cater for the needs of the company such as payment of salaries and purchase of goods which if not treated may lead to the collapse of the company.

A treatment plant has three primary clarifiers at 60 ft in diameter with side water depths of 9 ft. The inboard weirs are set at 54 ft. The average daily flow is 4.6 MGD and the peak flow is 8.7 MGD. Calculate the overflow rates, detention times, and weir loading rates.

Answers

Answer:

idek rlly

Explanation:

The risk-free rate is 4.5 percent and the market expected return is 10.8 percent. What is the expected return of a stock that has a beta of 1.30? a) 1269% b) 20 09% c) 11 28% d) 15.62% e) 18.54%

Answers

For this question you can use the CAPM formula:

E(rs) = risk free + (market return - risk free rate)*(beta)

=4.5% + (10.8% - 4.5%) * 1.3

= 4.5% + 8.19%

= 12.69%

----------------

Carby Hardware has an outstanding issue of perpetual preferred stock with an annual dividend of $9.20 per share. If the required return on this preferred stock is 6.5%, at what price should the preferred stock sell

Answers

Answer:

The price at which the preferred stock will sell is $141.54.

Explanation:

A perpetual preferred stock can be described as a category of preferred stock from which the holder receives a fixed dividend for as long as the company is in business.

The price at which the preferred stock will sell can be calculated using the following formula:

Preferred stock price = Annual dividend per share / Preferred stock required return .................. (1)

Where;

Annual dividend per share $9.20

Preferred stock required return rate = 6.50%, or 0.0650

Substituting the values into equation (1), we have:

Preferred stock price = $9.20 / 0.0650

Preferred stock price = $141.538461538462

Rounding to 2 decimal places, we have:

Preferred stock price = $141.54

Therefore, the price at which the preferred stock will sell is $141.54.

Companies that have preferred stock outstanding promise to pay a stated dividend for an infinite period. Preferred stock is treated like a perpetuity if the payments last forever. Preferred stocks are considered to be a hybrid of a common stock and a bond. For example, one of the major differences between preferred shares and bonds is that the issuing companies can suspend the payment of their preferred dividends without throwing the company into bankruptcy.

However, similar to bonds, preferred stockholders receive a fixed payment-their dividend-before the company's residual earnings are paid out to its common stockholders and, as with common stock, preferred stockholders can benefit from an appreciation in the value of the firm's stock securities.

Lancashire Railway Company (LRC) pays an annual dividend rate of 11.80% on its preferred stock that currently returns 15.81% and has a par value of $100.00 per share. What is the value of LRC’s preferred stock?

a. $74.64 per share
b. $89.57 per share
c. $100.00 per share
d. $111.95 per share

Suppose that due to high inflation, interest rates rise and pull the preferred stock's yield to 20.55%. The value of the preferred stock will:_____

Answers

Answer:

$74.64$57.42

Explanation:

1. Value of LRC's preferred stock

= Preference Dividend / Return on Preference share

= (11.8% * 100) / 15.81%

= 74.6363

= $74.64

2. Value of preference share when yield goes to 20.55%;

= Preference Dividend / Return on Preference share

= (11.8% * 100) / 20.55%

= $57.42

Learning: Share 2 main things you learned about communications in Module 2.
1.
2.
Strength: Share 2 strengths that you think you have in communication,
1.
2.
Weakness: Share 2 weaknesses that you think you have in communication that you
can improve in the future.
1.
2.
Challenges: Share 2 things that you find very challenging in effective communication.
1.
2.​

Answers

Hi, you've asked an incomplete question. However, I answered from a general English Language perspective.

Explanation:

Things learned about communications:

1.  No communication occurs when what is been said cannot or is not been understood.

2.  Communication also occurs non-verbally, like when one shows a friendly smile without a word, it as though they are saying, I'm happy with you.

Two strengths that you think you have in communication:

1.  I'm a good listener

2.  I can ask a lot of questions.

Two weaknesses that you think you have in communication that you  can improve in the future:

1.  My use of ambiguous language that is difficult for my listener to understand

2.  Not giving total attention to the speaker.

Challenges: Share two things that you find very challenging in effective communication.

1. avoiding pre-conceived judgments about what is been said

2.​ giving the desired feedback without derailing from the subject that is been discussed.

The question above is intended to assess your understanding of what you studied in module 2 on communication. As I don't have access to this module, I can't write an answer for you, but I'll show you how to write one.

To answer this question you must:

Read the lessons in module 2 that address issues related to communication.Understand the importance of communication and how it is established in society.Show two very strong elements of communication and the impacts they can have on individuals. Show two weaknesses, two disadvantages of communication, that need to be modified so that everyone can benefit.

An example of a strong point of communication is its ability to inform and promote knowledge to people. A weakness of communication is that it can confuse when it is not well established.

More information:

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If you want to receive the recently declared dividend on ABG stock, you must purchase your shares _____ or more business day(s) prior to the date of record.a. four.b. one.
c. two.
d. three.
e. five.

Answers

Answer:

c. two.

Explanation:

Stocks and dividends are ways in which a company uses to raise finances from the public inorder to run their companies as well as rewards the people after a given business year in which profit is made. Generally, it is expected that, you should own a stock for two business days, to be entitled to dividend payout. For ABG stock, the same is expected.

A product has an average demand of 40 units per week and a standard deviation of 10 units per week (normally distributed). The lead time is 5 weeks. What is the safety stock inventory if the organization wants to achieve a 90% cycle-service level

Answers

Answer:

37 units

Explanation:

lead time = 5 weeks

service level = 90%, z score = 1.645

average demand = 40 units per week

standard deviation = 10 units per week

safety stock = z-score · √lead time · standard deviation of demand = 1.645 · √5 weeks · 10 units per week = 1.645 · 2.236 · 10 = 36.78 ≈ 37 units

the reorder point = (5 weeks x 40 units per week) + safety stock = 200 + 37 = 237 units

Raven applies overhead based on direct labor hours. The variable overhead standard is 16 hours at $25 per hour. During July, Raven spent $217,700 for variable overhead. 8,190 labor hours were used to produce 300 units. What is the variable overhead rate variance

Answers

Answer:

Raven

The variable overhead rate variance is:

$12,940.20

Explanation:

Standard variable overhead rate = $25 per hour

Variable overhead cost = $217,700

Direct labor hours = 8,190

Units produced = 300

Actual variable overhead rate = $217,700/8,190 = $26.58 per hour

Variable overhead rate variance = ($26.58 - $25) * 8,190

= $12,940.20

b) The variable overhead rate variance is the difference between the actual variable manufacturing overhead incurred by Raven and the standard variable overhead that was expected, based on the actual number of hours worked.

Tom Skinner has $45,000 invested in a stock with a beta of 0.8 and another $55,000 invested in a stock with a beta of 1.4. These are the only two investments in his portfolio. What is his portfolio's beta?

Answers

Answer:

The porfolio beta is 1.13

Explanation:

The computation of the portfolio beta is shown below:

= Weight × beta + weight × beta

= ($45,000 ÷ ($45,000 + $55,000) × 0.8 + ($55,000 ÷ ($45,000 + $55,000) × 1.4

= 0.45 × 0.8 + 0.55 × 1.4

= 1.13

Hence, the porfolio beta is 1.13

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Use the following information from separate companies a through d :

Net Income (Loss) Interest Expense Income Taxes
a. $119,000 $44,000 $35,000
b. 135,000 16,000 25,000
c. 138,000 12,000 30,000
d. 314,000 14,000 50,000

Required:
Compute times interest earned. Which company indicates the strongest ability to pay interest expense as it comes due?

Answers

Answer:

Company D

Explanation:

The computation is shown below:

As we know that

Times interest earned ratio = Net Income + interest expense + income tax ÷ Interest expense

For company a:

Times interest earned ratio = $119000+ $44000 + $35000 ÷ $44000

= $198000 / $44000

= 4.5 times

For company b:

Times interest earned ratio is

= $135000+ $16000 + $25000 ÷ $16000

 = $176000 / $16000

= 11 times

For company c:

Times interest earned ratio = $138000+ $12000 + $30000 ÷ $12000

= $180000 ÷ $12000

= 15 times

For company d:

Times interest earned ratio = $314000+ $14000 + $50000 ÷ $14000

= $378000 / $14000

= 27 times

As it can be seen that the times interest ratio is higher in company d so it has the strongest ability to pay the interest expense

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