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Question - Appliance for Less is a local appliance store. It costs this store $18.42 per unit annually for storage, insurance, etc., to hold microwave in their inventory. Sales this year are anticipated to be 480 units. Each order costs $92. The company is using Economic Order Quantity model in placing the orders.
It takes approximately 1 day(s) to receive an order after it has been placed. If the store insists on a 4 day(s) safety stock (assume 365-days a year), what should the inventory level be when a new order is placed?
definition of yield and rate of return and identification of their role in finance.define the following terms and
Calculate the current market price per share of BFG's common shares. At the end of 20X3, Bio-Fuel Generation Inc. (BFG) will pay a dividend of $0.75.
This is first time Mike agreed to such a payment and he is obligated to outfit one trip per year for next three summers starting this year. How much income must Mike identify in each of the next three years if he is attempting to reduce his tax bu..
Determine the maximum utilization of days per 1,000 members that the nursing home can experience before it begins to lose money
How would I prepare the retained earnings portion of a statement of change in owners equity for the year endind in December 31 2015 with the following information?
Estimate Payables deferral period, Cash conversion cycle, Inventory conversion period and Receivables collection period.
At December 31, 2016, XYZ Company had total equity of $400,000. XYZ Company reported a return on investment (ROI) of 16% for 2016 and a net income of $93,000 during 2016. Calculate XYZ Company's total liabilities at December 31, 2016
Is there any difference between Vietnam GAAP and IFRs in accounting treatment for PPE revaluation? Evaluating the impact of that difference
The Filling Department of Savannah Lotion Company had 3,000 ounces in beginning work in process inventory (60% complete). During the period, 40,400 ounces were completed. The ending work in process inventory was 600 ounces (25% complete). What are th..
Prepare the adjusting journal entry at December 31, 2014 required to report the note payable at fair value. Prepare the adjusting journal entry at December 31, 2015 required to reflect the note payable at fair value.
What factors or components go into the balance sheet?
A $10,000 bond, due in 20 years has a 5% interest rate. Payments are semiannually with the first payment 6 months from now. What should the price of the bond be to have a yield of nominal 7% compounded semiannually?
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