Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Texas Co. recently introduced a new inventory control system In an effort to improve its competitive position, Its management accountant assembled the following data regarding the recent change:
Item
Before new system
After new system
Production cycle time
90 days
80 days
Inventory level (daily average)
$450,000
$400,000
Total sales
$2,500,000
$2,700,000
Estimated cost data, % of sales
Direct materials
40%
35%
Direct labor
20%
15%
Variable overhead
Fixed overhead
10%
The company's inventory financing cost is estimated as 5% per year.
Required -
a) Estimate the net operating income that the company realized under the current inventory control system.
b) Estimate the net financial benefit (expressed in terms of operating income) that the company realized from the new inventory control system.
c) Estimate the net financial benefit (expressed in terms of operating income) that the company realized from switching to the new inventory control system.
d) List four (4) non-financial benefits the company might expect as a result to its move to new inventory control system.
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
Simple Interest, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd