Franklin, Inc., has an inventory turnover of 18.9 times, a payables turnover of 11.2 times, and a receivables turnover of 9.7 times. What is the company's cash cycle? Assume 365 days per year.
27.83 days
14.27 days
45.25 days
24.35 days
50.91 days`
Franklin, Inc., has an inventory turnover of 18.9 times, the company's cash cycle is 24.35 days. The correct option is D.
To calculate the company's cash cycle, we will use the following terms: inventory turnover, payables turnover, and receivables turnover.
First, let's determine the number of days for each turnover:1. Inventory Days = 365 / Inventory Turnover = 365 / 18.9 = 19.31 days
2. Payables Days = 365 / Payables Turnover = 365 / 11.2 = 32.59 days
3. Receivables Days = 365 / Receivables Turnover = 365 / 9.7 = 37.63 days
Cash Cycle = Inventory Days + Receivables Days - Payables Days
Cash Cycle = 19.31 days + 37.63 days - 32.59 days
Cash Cycle = 24.35 days
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Complete question:
Franklin, Inc., has an inventory turnover of 18.9 times, a payables turnover of 11.2 times, and a receivables turnover of 9.7 times. What is the company's cash cycle? Assume 365 days per year.
A. 27.83 days
B. 14.27 days
C. 45.25 days
D. 24.35 days
E. 50.91 days`
Question 2 of 40
What does the 'P' in the acronym PEST stand for?
A. Price
B. Political
C. Promotion
O D. Positive
SUBN
Answer:
The answer would be B. Political.
Explanation:
PEST Analysis (Political, Economic, Social, and Technological) is a management method whereby an organization can assess major external factors that influence its operation in order to become more competitive in the market. As described by the acronym, those four areas are central to this model.
The 'P' in the acronym PEST stands for political. The correct option is B. Political, Economic, Social, and Technological analysis is known as PEST analysis. This kind of analysis is used to evaluate outside variables that might affect a company's profitability.
What is political in PEST analysis?The threats and weaknesses used in a SWOT analysis are found using a PESTEL analysis. Political factors include government leadership, change, and policies related to foreign trade, as well as internal political issues and trends, tax policy, and trends in regulation and deregulation.
A measurement tool called PEST Analysis is used to evaluate markets for a specific product or industry over a specific period of time. Political, Economic, Social, and Technological (PEST) factors Organizations can make better business decisions after these factors are analyzed.
Thus, the ideal selection is option B.
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What are the profound and philosophical goals and benefits of a modern industrial society, according to Frederick Winslow Taylor, and how can they be achieved?
Explanation:
The greatest objective and benefit of a modern industrial society according to Taylor was the transformation of management into a science, which should maintain the standardization of administrative processes in order to reduce production time and maintain the quality of work.
He developed the rational organization of work, a tool for researching human labor conditions, such as division of labor, specialization, standardization, supervision, salary incentives, etc., whose aim was to analyze how such factors influence productivity and the quality with which a worker perceives and performs his work.
The benefits of Taylor's management model were reduced working hours, perceived employee appreciation, reduced costs, improved organizational environment, etc.
Jerry makes designer gloves at his workshop. He buys the cloth required for the gloves at $2.50 per glove He also buys stitching material at $0.50 per glove. He spends $400 per month to rent his workshop. He sells the gloves for $11 each. How many gloves does he need to sell to break even?
Answer:
50 gloves
Explanation:
The formula for breakeven point = Fixed cost/contribution margin per unit
Fixed cost =$400
contribution margin per unit = selling cost - variable cost
selling price = $11
variable cost per item = cloth at $2.50 + stitching $0.50 = $3.0
Contribution margin = $11 - $3 = $8
Break-even point = $400/$8
=50 gloves
Relaxed immigration laws. What happens to SRAS?
Relaxed immigration laws can have an impact on the economy and therefore the SRAS (short-run aggregate supply) curve.
An increase in immigration would lead to an increase in the number of workers available in the short run, which would shift the SRAS curve to the right. As the labor force expands, businesses may be able to produce more goods and services at lower costs, which would increase output and potentially lower prices.
However, the long-term effects of relaxed immigration laws on the economy are complex and depend on a variety of factors such as the education and skill level of the immigrants and the overall health of the economy.
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What is the main purpose for the operation bank
Answer:
To secure people's money
Explanation:
People's money can easily be stolen but if you put your money in the bank they would have to be a skilled hacker to steal your money
Methods of evaluating the
performance and productivity of an
individual or group in relation to
predetermined criteria and
measurable goals are
measurable goals
Answer:
True
Explanation:
Methods of evaluating the performance and productivity of an individual or group in relation to predetermined criteria and measurable goals are performance assessments.
The Central Islip community has 9,649 homes in it. Smart Boards cost the school district $5,200 each. The HS needs 175, the Reed School needs 150 and the Mulligan school needs 50 new boards. Network Outsource the schools tech company has 12 workers for the HS, 8 for the Reed School and 4 for Mulligan. They all work 8 hours a day. They work 5 days a week, Monday thru Friday. They earn $58 per hour. It will take 45 weeks to finish the job. Find: a) Total Product Cost b) Total Labor Cost c) Total Cost d) Cost per Home e) Cost per Week
**(52 Weeks per Year)
Finding the following cost information about the Central Islip Community's requirement for Smart Boards is as follows:
a) The Total Product Cost is $390,000.
b) The Total Labor Cost is $2,505,600.
c) The Total Cost of the project is $2,895,600.
d) The Cost per Home is $300.09.
e) The Cost per Week, given a 52-week-year, is $55,684.62.
Data and Calculations:Homes in Central Islip Community = 9,649
Cost of Smart Boards per unit = $5,200
Requirements for Boards and Workers:
Boards Workers
HS 175 12
Reed School 150 8
Mulligan 50 4
Total boards = 375 24
Total cost for smart boards = $390,000 ($5,200 x 375)
Total labor cost = $2,505,600 ($58 x 8 x 5 x 45 x 24)
Total cost = $2,895,600 ($2,505,600 + $390,000)
Cost per Home = $300.09 ($2,895,600/9,649)
Cost per Week = $55,684.62($2,895,600/52)
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The NPV break-even point occurs when
Select one:
a. the present value of inflows is equal to the present value of outflows.
b. the total revenue is equal to fixed cost.
c. the present value of inflows is equal to total cost.
d. the total revenue is equal to total cost.
The NPV break-even point occurs when the present value of inflows is equal to the present value of outflows (Option A). This is because the NPV is the difference between the present value of inflows and the present value of outflows. When these two values are equal, the NPV equals zero, meaning there is no net profit or loss.
The correct answer is option a. the present value of inflows is equal to the present value of outflows.
The NPV break-even point occurs when the net present value (NPV) of a project is equal to zero. This means that the present value of the future cash inflows from the project is equal to the present value of the cash outflows for the project. When the NPV is zero, the project is said to be at its break-even point because it is neither generating a profit nor a loss.
It is important to note that the NPV break-even point is different from the accounting break-even point, which occurs when the total revenue is equal to the total cost (option d). The NPV break-even point takes into account the time value of money, while the accounting break-even point does not.
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what are the barriers in communication?
Review the following scenario, which describes a situation between two coworkers, and respond to the questions which follow applying your learnings from this course. Jenna is a Health Care Assistant w
Barriers in communication refer to factors or obstacles that hinder effective and efficient exchange of information between individuals. These barriers can occur at various levels.
Including interpersonal, organizational, cultural, and technological. Some common barriers in communication include:
1. Language Barriers: Differences in language or dialects can impede understanding between individuals who do not share a common language.
2. Lack of Clarity: Unclear or ambiguous messages, use of technical jargon, or complex terminology can lead to misunderstandings and misinterpretations.
3. Noise: Environmental factors such as background noise, distractions, or poor audio quality can disrupt communication and make it difficult to convey or receive messages accurately.
4. Emotional Barriers: Emotional states like anger, stress, or fear can affect communication by causing individuals to become defensive, unresponsive, or unable to articulate their thoughts effectively.
5. Cultural Differences: Diverse cultural backgrounds, beliefs, values, and communication norms can create barriers in understanding and interpreting messages accurately.
In the given scenario between Jenna, a Health Care Assistant, and her coworker, the barriers to effective communication may include any of the above factors, such as language barriers (if they have different native languages), lack of clarity in conveying information, noise in the healthcare setting, emotional barriers due to stress or pressure, or even cultural differences impacting their communication styles and understanding.
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Which of these is considered the highest level of management?
A. Supervisor
B. Team member
C. Executive
D. Middle manager
C. The Executive. Hope that helps...
The Executive is considered the highest level of management. Option C is correct.
What is the management?Management may be described as the process of completing the job or activity necessary to achieve an organization's goals in an efficient and effective manner.
The process implies the management functions. This includes organizing, planning, staffing, directing, and controlling. A manager's responsibility is to offer common guidance and direction to individual efforts to achieve organizational goals.
Management contributes to increased corporate efficiency by increasing productivity via effective planning, organizing, controlling, and directing.
Therefore, option A is correct that The Executive is the most senior level of management.
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What is absolute advantage used for?
When contrasted to another entity of a comparable nature, an absolute unit's ability to generate things with fewer resources is the gauge of absolute advantage.
Absolute advantage is the capacity of a person, business, area, or nation to produce more of an item or service with the same amount of inputs per unit of time than its rivals, or to generate the same amount of a commodity or service with fewer inputs per unit of time.
By producing the good or service with a lower absolute cost per unit and fewer inputs, or by using a more effective technique, one might achieve absolute advantage.
In his book The Wealth of Nations from the 18th century, economist Adam Smith introduced the idea of absolute advantage to explain how nations might profit from trade by specializing in producing and exporting the things that they can manufacture more successfully than other nations. Countries with a clear advantage may choose to focus on producing and selling a particular commodity or service, using the proceeds to pay for goods and services from other nations.
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The ability of an absolute unit to produce things with fewer resources when compared to another entity of a similar nature is the indicator of absolute advantage.
What is Absolute advantage?Absolute advantage may be attained by manufacturing the good or service with a lower absolute cost per unit and fewer inputs, or by utilizing a more efficient technique.
Adam Smith, an economist, developed the concept of absolute advantage in his 18th-century book The Wealth of Nations to describe how countries might benefit from trade by specializing in producing and exporting the goods that they can make more successfully than other nations. Countries
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which part of our body is affected by plogue pose?
Answer:
spine and shoulders are affected
The spine and the shoulders of our body part are mostly affectd by the plogue pose. It stretches our body muscles.
Plow PoseIt is a stretching exercise which keeps your body fit and flexible.
Doing stretching exercise regularly benefits the body mucles and tendons.
The plow pose is a stretching exercise where one positions his/her body upside down and keeps their feet bend over the head.
This pose affects our spine and also our shoulders.
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Sherry owns a car business. She just received a shipment of Volkswagen SUVs. She paid $60,000 for each vehicle and wants to make 25% on each car sale. What is Sherry's selling price?.
The selling price of the price that is offered to the buyer of the goods. The selling price of the car should be $75,000.
What is the selling price?The selling price is the ultimate value of the goods the seller is willing to offer to the buyer at the time of sale. It is determined by adding up the profit margin to the actual cost of the goods.
The computation of the selling price of the car:
Given,
Cost price =$60,000Margin =25%\(\begin{aligned}\text{Selling Price}&=\text{Cost Price}+\text{Margin}\\&=\$60,000+(\$60,000\times25\%)\\&=\$60,000+\$15,000\\&=\$75,000\end{aligned}\)
Therefore, if Sherry wants to make 25% on the sale of each car then the car must be sold at $75,000 each.
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Question 1 What is the term used to describe anything in a chart that does not convey information? O axes O chartjunk Olie factor O labels Question 2 Tableau color-codes attributes in a dataset as blu
The term used to describe anything in a chart that does not convey information is "chartjunk." Option B is answer.
Chartjunk refers to any unnecessary or excessive elements in a chart that do not contribute meaningfully to the conveyed information. It includes decorative elements, embellishments, or excessive design elements that can clutter the chart and distract the viewer. These unnecessary elements can hinder the clear communication of data and insights, making it difficult for the audience to interpret and understand the intended message. To create effective and informative charts, it is important to minimize or eliminate chartjunk and focus on presenting the data in a clear and concise manner.
Option B is the correct answer.
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Question 1 What is the term used to describe anything in a chart that does not convey information? O axes O chartjunk Olie factor O labels
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upper-level managers are responsible for decisions regarding the direction and purpose of the organization.
Upper-level managers are responsible for Long term decisions regarding the direction and purpose of the organization.
The primary function of the upper-level management team is to develop the mission, vision, and strategy for the entire organization by considering challenges and opportunities in the current business environment. Simply put, upper-level managers make long-term decisions regarding the direction and purpose of the organization.
Top-stage managers are accountable for controlling and overseeing the whole organization. middle-level managers are accountable for executing organizational plans which observe the company's guidelines. They act as a middleman between top-degree and coffee-stage management. pinnacle managers are accountable for the overall course and operations of an agency. mainly, they're chargeable for setting organizational dreams, defining techniques for attaining them, monitoring and enforcing the outside environment, and selecting that affect the entire enterprise.
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if a company uses _____ to measure taxable income, they must use the same method for external financial reporting.
a. Average cost
b. LIFO
c. FIFO
If a company opts for fifo for tax purposes, they should also apply the fifo method in their external financial reporting to maintain consistency and ensure that the financial statements reflect a true and fair view of the company's financial position and performance.
if a company uses the fifo (first-in, first-out) method to measure taxable Income , they must use the same method for external financial reporting. fifo assumes that the items or inventory acquired first are sold or used first, leading to the recognition of the oldest costs in the calculation of taxable income.
consistency between tax reporting and external financial reporting is generally required to maintain transparency and comparability in financial statements. using different inventory valuation methods for tax and financial reporting could result in discrepancies and make it challenging for stakeholders to evaluate a company's financial performance accurately.
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The marketplace is the essence of which of the following?
O The exchange process
O The manufacturing process
O The marketing process
The selling process
Answer:
The exchange process.
Explanation:
An exchange process can be defined as an act in which customers acquire a desired product or service from a seller (manufacturer, wholesaler, or retailer) with a tangible asset in return for value.
The marketplace where these products or services are being offered to the customers in return for value is the essence of the exchange process.
This ultimately implies that, a marketplace facilitates or enhances the exchange process by offering a channel to buy and sell products.
What return do you expect earn if you buy the 3 years ,10% coupon bond today and sell it in exactly 1 year( if current price is 1051.45 rupees)
Answer:
8.02%
Explanation:
Since corporate bonds pay coupons semiannually, it would be important to first all determine the semiannual yield to maturity of this bond using a financial calculator as shown below:
We need to set the calculator to its end mode before making the following inputs:
N=6(number of semiannual coupons in 3 years=3*2=6)
PMT=50(semiannual coupon=face value*coupon rate/2=1000*10%/2=50)
PV=-1051.45 (current price)
FV=1000(bond's face value)
CPT
I/Y=4.02%
After one year, there would 4 semiannual coupons left, we can compute the bond price as shown thus:
N=4
PMT=50
I/Y=4.02(without % sign)
FV=1000
CPT
PV=1,035.56
The expected rate of return over one year is computed thus:
N=2(number of semiannual coupons in 1 year holding period)
PMT=50(the amount of each semiannual coupon)
PV= -1051.45
FV=1,035.56(selling price after one year)
CPT=4.01%(on a semiannual basis)
annual rate of return=4.01%*2=8.02%
According to president reagan’s model for supply-side economics, the first step to triggering a cycle of growth was reducing taxes. raising taxes. regulating businesses. creating government programs.
President Reagan's model for supply side economics emphasised on reducing taxes as the first step for triggering the cycle of Growth.
What is supply-side economics?Supply-side economics is a macroeconomic theory in which focus is given on supply side. In this theory Tax reduction ,decrease in regulation will ultimately improve the economic growth.
Producers will pass on the benifits to employees and on production front the produce will be more with lower prices.
Reducing taxes as per supply side economics will trigger a cycle of growth. Hence Option A is correct.
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Answer:
A
Explanation:
the year the volleyball was introduced
Answer:
The Year was 1895
Hope that helps!
Banner corporation receives $30,000 in may, year 1 to manufacture and deliver its product in september, year 1. At the time the product is delivered, banner will _____.
At the time the product is delivered, Banner will debit Deferred Revenue and credit Sales revenue.
Unearned income which is commonly referred to as deferred revenue, is the term used to describe advance payments a business receives for goods or services that will be provided or rendered in the future.
The company that receives the prepayment adds the sum to its balance sheet as deferred revenue, also known as a liability. Deferred revenue is a liability since it represents money that has been promised to clients but not yet received.
The product or service is proportionately reported as revenue on the income statement as it is provided over time. Since deferred revenues are not recorded until they are earned, they are not shown on the income statement. Instead, they are listed as a liability on the balance sheet. The liability is reduced and revenue is recorded as the income is earned.
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Page:
International employment has played
on important role to solve unemployment
problems in Nepal.” Justify the statement
Answer:
This means that Nepal, as a very underdeveloped country, lacks the necessary amount of domestic capital to build a healthy and functional economy, and for this reason, it requires international help in the form of foreign direct investment that can supply more capital to the country, capital that is used to set up new companies and investment projects that employ more Nepalese people.
Mark wrap with the 20 minute hold time, and any special guest requests.
what are the names (first and last) of customers who have made purchases in june or december of 2015?
Select distinct firstname, lastname from simplified sales where (month(Sale Date) = 6 or month(Sale Date) = 12) and year (Sale Date) = 2015
About database formulaThe Excel database formula is a collection of several formulas that can be used to process data on a Microsoft Excel worksheet. This formula is not only used in companies, but also in simple jobs that require arithmetic operation formulas.
As a number processing software, Excel can be used for various needs, such as creating tables, financial reports, sales reports, purchase reports, payroll, graphs, documents or reports for various purposes.
In processing data in the Excel program there are many formulas that can be used, one of which is the Excel database formula. This formula has various functions for different purposes.
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Which of the following statements is true of tariffs?
a. Export tariffs are used by countries when they believe an export's price is lower than it should be.
b. Tariffs increase an imported product's appeal to buyers.
c. Transit tariffs are the most widely-levied tariffs.
d. Ad valorem tariffs are levied as a specific fee for each unit of an imported product.
Correct reply is Exports tariffs are used via nations when they consider an export's fee is lower than it should be' is a actual statement.
A tariff is a tax imposed via the government of a country or through a supranational union on imports or exports of goods.
Besides being a supply of revenue for the government, import duties can additionally be a form of rules of foreign exchange and coverage that taxes foreign merchandise to inspire or shield home industry.
Why are there tariffs on exports?Governments can also impose tariffs to raise income or guard domestic industries—especially nascent ones—from foreign competition. By making foreign-produced goods more expensive, tariffs can make domestically produced preferences seem greater attractive.
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https://brainly.com/question/1172085#SPJ4While watching television, Kyle saw a commercial for a product that was "made in Taiwan." He immediately dismissed the product being advertised because the last item he bought that was made there fell apart in just two weeks. What is affecting this advertising communication?
Source effects affect advertising communication, it refers to the review of a large body of marketing, psychological, and communicative research literature on source results supports the conclusion that resource variability.
How does advertising affect communication?
Advertising is a form of communication because advertising can integrate into the field of communication.
Source Effects include, for example, credibility, technology, attractiveness, and similarity, influencing the attitudes and behaviors of targeted audiences.
Thus, Source effects affect advertising communication.
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Consider the following scenario. Suppose that the reserve requirement is 20%, and Leroy deposits a $1,000 of cash that he received as a graduation gift in his checking account. Suppose the bank holds an additional 1% of all deposits as an excess reserve. How much does the monetary base change?
A. $0
B. $1000
C. $800
D. $4761.91
Match each of Maslow's Hierarchy Tiers to examples of needs in that tier.
Dignity, respect, admiration, and achievement
Air, water, food, warmth, and sleep
Shelter, stability, and freedom from fear
Friendship, affection, and being part of a group
Personal growth and amazing experiences
1. Maslow's Hierarchy Tier 1: Physiological 2. Maslow's Hierarchy Tier 2: Safety 3. Maslow's Hierarchy Tier 3: Love and belongingness 4. Maslow's Hierarchy Tier 4: Esteem 5. Maslow's Hierarchy Tier 5: Self-actualization
Each of Maslow's Hierarchy Tiers should be matched to examples of needs in that tier as follows:
Maslow's Hierarchy Tier 1: Physiological; air, water, food, warmth, and sleep. Maslow's Hierarchy Tier 2: Safety; shelter, stability, and freedom from fear.Maslow's Hierarchy Tier 3: Love and belongingness; friendship, affection, and being part of a group.Maslow's Hierarchy Tier 4: Esteem; dignity, respect, admiration, and achievement.Maslow's Hierarchy Tier 5: Self-actualization; personal growth and amazing experiences.What is Maslow's Hierarchy of Needs?Abraham Maslow's Hierarchy of Needs can be defined as a pyramid model which typically represents the fundamental (basic) needs of an individual, that are necessary and required to be met before he or she can achieve complete personal growth, dignity, development, stability, and self-actualization.
The five (5) levels of Maslow's Hierarchy of Needs.In Psychology, the five (5) levels of Maslow's Hierarchy of human needs arranged in a chronological order include the following;
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Some banks pay interest only on the minimum or smallest balance on deposit during an interest period. Helen Lamb had a balance of $783 in such an account on July 1. Annual interest is 2.7% compounded quarterly. She withdrew$170 on August 17 and deposited $200 on September 12. What was Helen’s minimum balance during the quarter?
Helen's minimum balance during the quarter was $613.
What is Minimum Balance in Account?According to the terms and conditions of the account agreement, a customer is required to keep the smallest amount of money in their account for a predetermined amount of time. This amount is known as the minimum balance in an account. Depending on the type of account and the bank's policies, the minimum balance can be set at a certain amount or it can change.
Plugging in the values, we get:
A = 783(1 + 0.027/4)^(4*(3/12))
A ≈ $791.13
So the balance at the end of the quarter, before the deposit, was about $791.13.
Next, we need to figure out the impact of the withdrawal and deposit:
August 17: Helen withdrew $170, leaving a balance of $783 - $170 = $613.
September 12: Helen deposited $200, bringing the balance to $613 + $200 = $813.
We can conclude that the minimum balance was $613 because the balance on July 1 was higher than the estimated balance at the end of the quarter, which was $791.13.
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