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Problem 1: There are two ways of managing inventory, Economic Order Quantity (EOQ) and Just-in-Time (JIT). Compare and contrast the benefits of EOQ and JIT. Discuss when it is beneficial for a company to switch from the EOQ to the JIT purchasing policy. Conduct some research and identify a manufacturer that is using EOQ and a manufacturer that is using JIT. Discuss why it is appropriate for the manufacturer to select EOQ or JIT. Do some companies use both methods under different circumstances? Explain why a company should use both methods.
If the same total calculated above was to be saved, but no interest earned whatsoever, how much would be available to live on each quarter?
What will it be the individual value of the bonds from the point of assessment of each of these three groups of institutional investors?
Arnold Schwartz, the CFO, calls you, asking how to treat these transactions. Prepare a tax memo dated June 18, 2008, indicating what you told Arnold over the phone.
Eisler Corporation is involved in the business of injection molding of plastics. It is considering the purchase of a new computer-aided design and manufacturing machine for $453,100. Calculate the internal rate of return on this new machine. (Round a..
Which would decrease net working capital? Paying out cash to retire bonds outstanding./ Paying off accounts payable./ Selling inventory
Prepare the closing entries that Gomez would record on December 31. Unrecorded interest owed to the center totaled $275 as of December 31.
An effective operations function can provide a competitive advantage. which of the following objectives is an operations competency?
A company purchased factory equipment on April 1, 2014 for $48,000. The amount to be recorded as depreciation expense at December 31, 2014 is what?
On January 1, 2014, Raynick Ltd. purchased, and then leased, a building to Coos Co. The relevant information related to the lease is as follows: Is this a capital lease or an operating lease? Explain briefly. Note that you have all the information yo..
Elsea Company, which produces and sells a small digital clock, bases its pricing strategy on a 20 percent markup on total cost. Based on annual production costs for 11,000 units of product, computations for the sales price per clock follow. Calculate..
David Rose,target capital structure of 30% debt and 70% equity. If the company follows the residual dividend policy, how much in dividends, if any, will it pay?
On March 15, Chief Company acquired 20,000 shares of its own $2 par value common shares at a cost of $17 per share. Chief originally issued the shares at $12 per share. On July 5, Chief sold 7,000 of the shares back in the open market at a price of $..
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