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A firm experiences demand with a mean of 100 units per day. Lead time demand is normally distributed with mean 1000 units and standard deviation 200 units. It costs $6 to hold one unit for one year. If the firm wants to meet 90% of all demand on time, what is the expected annual cost of holding safety stock? Assume that each order costs $50.
Sears collected $57000 from the issuance of bonds with a face value of $50000. A portion of the cash receivable, $2000 was accrued interest. give the journal entry made on sears book to account the issuance of the bonds.
Revenues for the year ended 31 January 20X1 were $507,000 and expenses were $330,000. Under plan (b) above prepare the partnership income statement for the year.
Sales managers are developing estimates of next year's demand for the company's newest line of LCD televisions. This information will be used in preparing the annual budget.
Take a position on whether federal regulation helps or hurts U.S. banks. Provide support for your position.
the financial condition of greyco inc. is expressed in the following accounting
Prepare journal entreis to record the first semiannual interest payment, assuming it uses the straight-line method of amortization
Careers in Accounting
What is push-down accounting? Under what conditions is push-down accounting appropriate? What happens to the differential when push-down accounting is used following a business combination?
berhas cellular sells phones for 100. the unit variable cost per phone is 50 plus a selling commission of 10. fixed
the tippa canoe company makes fiberglass canoes. the fiberglass resin is initially molded to the shape of a canoe then
a patent costing 22500 when acquired on january 2 has a remaining legal life of 10 years and is expected to have value
Bella Company is considering purchasing new equipment for $450,000. It is expected that the equipment will produce net annual cash flows of $50,000 over its 10-year useful life. Annual depreciation will be $45,000. Compute the cash payback period.
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