To calculate the amount of working capital, we need to subtract current liabilities from current assets.
Current assets include:
- Accounts receivable: $65,248
- Cash: $19,127
- Inventory: $83,950
- Prepaid expenses: $2,971
- Temporary investments: $31,645
Current liabilities include:
- Accounts payable: $28,815
- Accrued liabilities: $6,687
- Notes payable (short-term): $27,064
Therefore, the total current assets are $203,941 and the total current liabilities are $62,566.
Subtracting the current liabilities from the current assets, we get:
$203,941 - $62,566 = $141,375
Therefore, the amount of working capital for Harding Company is option (d) $140.375.
To know more about working capital, visit:
https://brainly.com/question/28391478
#SPJ11
You have just been hired to manage inventory for a sock company, "Sock-um." The company seems to be running out of inventory space. On day one of your job, you have been asked to determine average daily inventory. Every Monday, Sock-um receives a shipment of 500 cases of socks. Sock-um sells socks to retail outlets along the East Coast at a rate of 90 cases per day during each of the 5 business days (Monday through Friday). In your memo, please provide a model that represents daily inventory and provide your answer of average daily inventory. In your worksheets, demonstrate your knowledge of integrals and show how you can double check your answer through manual calculations.
Sock-um has an annual contractual obligation with its manufacturer to receive 500 cases weekly, and breaking the contract would cost them $8000. Once inventory has reached 500 cases, Sock- um will run out of space. Currently, additional shelf space for 500 cases is $1000. A pair of socks costs $1 to manufacturer, and each pair sells for $4. There are 100 pair of socks in a case of socks. Sock-um has the possibility of expanding its reach to midwestern states by providing up to 20 cases per day. To do this, they will incur a one-time cost of $6000. Provide a marketing recommendation to Sock-um regarding the inventory constraints, contractual obligations, and sale opportunities in the Midwest.
Memo:
Managing Inventory at Sock-um Sock-um, a sock manufacturing company has a contract with its manufacturer to receive 500 cases of socks weekly. If the contract is broken, Sock-um would incur a cost of 8000. However, the company has a limitation of inventory space and can hold 500 cases at a time.
At present, Sock-um is running out of inventory space and needs to determine the average daily inventory.On Monday of every week, the company receives 500 cases of socks. During the five business days, Sock-um sells 90 cases of socks per day to retail outlets along the East Coast. The calculation of average daily inventory is based on the difference between the number of socks received and sold per day. The following model represents daily inventory: 500 – 90d, where d represents the number of days.
Hence, the formula for the average daily inventory would be:
∫[0,5] (500 - 90d) dd = [500d - 45d²/2] 0,5 = 212.5 cases.
The average daily inventory for Sock-um is 212.5 cases.
The calculation is verified by the following manual calculation:
Monday:
500 - 90(1) = 410 cases,
Tuesday:
500 - 90(2) = 320 cases,
Wednesday:
500 - 90(3) = 230 cases,
Thursday:
500 - 90(4) = 140 cases,
Friday: 500 - 90(5) = 50 cases.
Sum of all inventory = 410 + 320 + 230 + 140 + 50 = 1150,
Average daily inventory = 1150/5 = 230 cases.
The company has an opportunity to expand its reach to midwestern states by providing up to 20 cases per day.
The expansion would incur a one-time cost of 6000.
However, Sock-um can take advantage of the sale opportunity and earn additional revenue. The manufacturing cost of a pair of socks is 1, and each pair sells for 4.
As there are 100 pairs in a case, a case would sell for 400. Selling 20 cases per day would result in additional revenue of $8000 per day, which would be more than enough to cover the cost of expansion.
Sock-um should expand its reach to the midwestern states to increase revenue.
To know more about inventory visit :
https://brainly.com/question/31146932
#SPJ11
How "income" is defined can change based on including some or all of the categories of income: 1. labor income 2. asset income. 3. transfer payments 4. taxes. If only "labor and asse
The definition of "income" can vary depending on which categories are included. If only labor and asset income are considered, it excludes transfer payments and taxes.
This narrower definition focuses on the earnings from work and income generated from assets, such as investments and property.
When considering the narrower definition of income that includes only labor and asset income, it excludes two other important categories: transfer payments and taxes. Labor income refers to the earnings individuals receive from their work, including wages, salaries, and bonuses. Asset income, on the other hand, encompasses the income generated from various assets, such as dividends from stocks, interest from savings accounts, or rental income from real estate.
However, by excluding transfer payments and taxes from the definition, certain sources of income are not considered. Transfer payments include government assistance programs, such as social security benefits, welfare, or unemployment benefits. Taxes, on the other hand, represent the portion of income that individuals or businesses must pay to the government.
The inclusion or exclusion of transfer payments and taxes in the definition of income can have implications for understanding the distribution of income and assessing individuals' economic well-being. A broader definition that incorporates these categories provides a more comprehensive view of individuals' total income and the impact of government policies on income distribution.
Learn more about transfer payments and taxes here:
https://brainly.com/question/31800143
#SPJ11
The driving force of some governments is to bring the benefits of competition to formerly monopolized markets. Explain the benefits that might occur in a more competitive market compared with a monopolized market.
Competition lowers prices, improves quality, and boosts innovation by incentivizing businesses to attract customers, differentiate themselves, and invest in research and development.
Lower Prices: Increased competition often leads to lower prices as businesses strive to attract customers by offering better deals and value. Improved Quality Competition drives businesses to improve the quality of their products or services to differentiate themselves from their competitors. In a monopolized market, the lack of competition can lead to complacency and a decreased incentive to innovate or enhance product quality.3. Increased Innovation: Competition fosters innovation as firms seek to gain a competitive edge. In a monopolized market, the dominant company may have less motivation to invest in research and development, stifling technological advancements and limiting consumer choice.
learn more about customers here:
https://brainly.com/question/31192428
#SPJ11
What does the height of a demand curve represe
At a specific amount of quantity demanded, the height of the curve shows the highest price that consumers are ready to pay for the good. Sometimes there may be a problem with the supply.
A consumer is a who or what?
A person who purchases something for personal use and uses or consumes it is referred to as a consumer. A consumer may utilise the good, product, or service to support themselves and their business even when they are not permitted to resale it. Definition for consumers. The consumer is the one who actually makes use of any goods or services.
We at Consumers Energy provide power and natural gas to help you with your daily tasks.
To know more about quantity visit;
https://brainly.com/question/29670811
#SPJ4
Hal has just graduated from four years of college. For the last two years, he took out a Stafford loan to pay for his tuition. Each loan had a duration of ten years and interest compounded monthly, and Hal will pay each of them back by making monthly payments, starting as he graduates. Hal’s loans are detailed in the table below. Year Loan Amount ($) Interest Rate (%) Subsidized? Junior 4,048 5. 9 N Senior 5,295 7. 6 Y Once all of his loans are paid off, what will Hal’s total lifetime cost be? Round all dollar values to the nearest cent. A. $9,023. 28 b. $8,467. 20 c. $11,498. 40 d. $13,615. 20.
Answer: The answer is D, $13,615.
According to the unit, what percentage of shoppers used a coupon in 2012?
A. 78%
B. 85%
C. 93%
D. 100%
today's world, 96% of consumers have used a coupon in the past 90 days. JC Penney tried to break consumers of the coupon habit in 2012 and quickly saw a 23% drop in sales for the first three quarters of 2012. If JC Penney couldn't change people's shopping behavior, you probably can't either.n: so i guess its c
Answer:
78%
Explanation:
I take nutrition and wellness, and this was the correct answer for me. Just took the test as well :P
the dow jones industrial average is now based on the prices of the stocks of question 43 options: a.30 major u.s. corporations. b.100 major u.s. corporations. c.500 representative u.s. corporations. d.1,000 representative u.s. corporations.
The correct answer is a. The Dow Jones Industrial Average (DJIA), commonly referred to as "the Dow," is an index that tracks the stock prices of 30 large, publicly-owned companies based in the United States.
These companies are typically leaders in their respective industries and are considered to be representative of the overall stock market. the dow jones industrial average is now based on the prices of the stocks of question 43 options. The Dow is one of the most widely recognized stock market indices and is often used as a barometer of the overall health of the U.S. economy.
Learn more about Dow here:
https://brainly.com/question/29774128
#SPJ11
Give examples of the ways in which each of the five factors of production can affect the business performance of McDonald's or Walmart.
Explanation:
777.jr7o.engms,iSFo7d
MEro
6ruaGRMuurauarl
8rzsi,to
7rn6di.
p8tgm
i
6mendMGr7
omurzzymtklitruskdo6
p7
ryzmofy
foo
GSM.
Answer:
Give examples of the ways in which each of the five factors of production can affect the business performance of McDonald's or Walmart.
the investment company, american funds, has a mutual fund amcpx as part of its fund family. amcpx's total fair market value of assets in the fund is $4,480,000. their expenses including management fees and 12b1 fees are 228,000. there are 123,343 shares outstanding. what is the nav (net asset value or price) for amcpx? a. $19.65 b. $36.03 c. $34.20 d. $18.65
The answer to the question is option C: $34.20. To calculate the NAV (net asset value) of amcpx, we need to subtract the expenses from the total fair market value of assets and divide by the number of shares outstanding.
The detailed answer is calculated as follows:
- First, we need to calculate the total expenses per share by dividing the total expenses by the number of outstanding shares:
$228,000 / 123,343 = $1.85 per share
- Next, we need to subtract the total expenses per share from the total fair market value of assets in the fund:
$4,480,000 - ($1.85 x 123,343) = $4,238,189.05
- Finally, we need to divide the resulting amount by the number of outstanding shares to get the NAV:
$4,238,189.05 / 123,343 = $34.20 per share
Therefore, the net asset value or price for AMCpx is $34.20 per share.
Learn more about net asset value: https://brainly.com/question/31540760
#SPJ11
One of the biggest concerns for farmers is which of the following?
A. The weather
B. Physical labor
C. Hiring labor
Answer:
A
Explanation:
Phiyscal labor can be a concern but not that big cause you can always have more workers and C hiring labor isn't as hard as people seem if you find some one willing it easy esspecialy if its a smalll farm and i belive its A becuase the weather is unpredictable and climat change one day it can be snowiing the next its pouring rain and the upcoming climate change we're facing will i have drastic effects on farms
what is the impact of atm on banking sector?
Answer:
Explanation:
ATM s are of great use to the banks as the reduce the number of people storming the banks for withdrawal of money as well as deposit of money it reduces cost of operation and from customer point of view it is available easily near by hence travelling further distance to the bank is not required
ATMs are one of the most convenient services provided by the banks to customers. It is beneficial to banks as it is to its customers. It helps banks to save cost and time in withdrawing money and various other services which are now provided by ATM.
Automated teller machines, or ATMs as they are more commonly referred to, are a convenient way to conduct one-on-one transactions quickly and easily. One can do self-serviced transactions with these machines without a physical teller's aid or a trip to the bank branch. Cash withdrawals, cash deposits, and fund transfers are just a few of the many transactions possible with automated teller machines, or ATMs. Although the majority of customers only use ATMs to withdraw cash, these additional transactions make the service more effective.
With the advent of the ATM, users' financial lives became simpler because they could now perform simple transactions on their own with the aid of an ATM, which was much more practical than often visiting the bank. The ability for users to transact between banks is another significant advantage of an ATM. This means you can still use basic services like cash withdrawals from the ATM even if you don't have an account with the bank that runs the machine. Again, this saves you time and comes in handy in an emergency because you won't need to go to the ATM at your bank every time you need a quick infusion of cash. ATM helps banks operate more cheaply by lowering the number of human operations. The ATM provides service 24 hours a day which means customers can avail of money and other services at any time of the day.
Learn more about ATM : https://brainly.com/question/24198010
the peterson family is selecting a furniture set. a furniture set has a bed, a desk and a dresser. there are beds, desks, and dresser to select from. how many different furniture sets could they select?
The number of different furniture sets the Peterson family could select is equal to the product of the number of choices for each piece of furniture. This is known as the counting principle or the multiplication principle.
Let's assume there are B beds to choose from, D desks to choose from, and R dressers to choose from. Then, the number of different furniture sets that the Peterson family can select is B x D x R.
For example, if there are 4 beds to choose from, 5 desks to choose from, and 6 dressers to choose from, then the Peterson family has a total of 4 x 5 x 6 = 120 different furniture sets to choose from.
It's important to note that each piece of furniture is selected independently, so the order in which the furniture is selected does not matter. For example, selecting a bed first and then a desk and dresser is the same as selecting a dresser first, followed by a bed and desk.
In conclusion, the number of different furniture sets the Peterson family can select is the product of the number of choices for each piece of furniture. This principle is useful in many other areas of mathematics, including probability and statistics.
To know more about principle: https://brainly.com/question/11988530
#SPJ4
Culture, demand and competition impose saturation limits above which no amount of advertising spending can increase sales. True or false.
True that culture, demand, and competition impose saturation limits above which no amount of advertising spending can increase sales.
It is true that culture, demand, and competition impose saturation limits above which no amount of advertising spending can increase sales. Advertising can help increase brand awareness, familiarity, and preference among consumers, but there comes a point where the market becomes saturated, and additional advertising spending does not lead to significant increases in sales. The saturation limit may vary depending on the product or service, the industry, and the target audience. Therefore, it is crucial for businesses to understand their market and determine the optimal advertising budget to achieve their sales goals.
learn more about "Sales":- https://brainly.com/question/25586322
#SPJ11
(whoops sorry this one's actually maths)
Marie goes to the clothing store. Her purchases equal $89.25. The sales tax is 8%. How much tax does she pay?
A $7.14
B $7.86
C $71.40
D $78.60
Answer:
she pays $ 7.14 tax ...
Explanation:
tax = tax rate × purchase cost
= 8% × $89.25
= $ 7.14
Convincing a person using appeal and understanding is_____.
Answer:
persuasion or pathos?
which of the following statements is true about the relationship between business processes and information systems? group of answer choices information systems incorporate all business process activities and hence, should be developed before business processes. the relationship between business processes and information systems is one-to-one. developing information systems before business processes ensures that all activities are considered in the development process. a business process need not relate to any information system, but an information system relates to at least one business process.
A business process need not relate to any information system, but an information system relates to at least one business process, this statements is true about the relationship between business processes and information systems.
A business process is a logically related sequence of actions that specify how particular business tasks are carried out. It is a distinctive method of coordinating work, information, and knowledge inside an organization. Business processes are important for managers to be aware of since they affect how well a firm can conduct its operations and could provide a competitive edge. Each of the main business functions has its own unique business processes, but many of them are cross-functional. Information systems assist firms restructure and streamline business operations by automating certain of these procedures.
The official organizational division in charge of information technology services is the information systems department. It is in charge of maintaining the networks, data storage, hardware, and software that make up the company's IT infrastructure. The department is often led by a CIO and is made up of professionals including programmers, systems analysts, project managers, and information systems managers.
To learn more about information system please click on the given link: https://brainly.com/question/28945047
#SPJ4
The interest rate is 10% but the government offers you a subsidized perpetual loan for $1m at 5%. in other words, you get the $1m today and, in return, you pay the government $50,000 a year forever (you a re immortal). how much is this subsidy worth?
Answer:
The worth of loan subsidy at 5% is $1000000 and at 10% is $500000.
Explanation:
The subsidized perpetual loan offer by government = $1000000
Interest rate = 5%
The amount paid for forever = $50000
Below is the calculation to find the worth of loan subsidy for forever.
Amount paid to the government for forever at 5% interest.
Total subsidy loan worth at 5% = $50000 /5% = $1000000
The subsidy loan worth at 10% = $50000 /10% = $500000
The worth of loan subsidy at 5% is $1000000 and at 10% is $500000.
the two ways that a corporation can be classified by purpose are a. general and limited. b. profit and not-for-profit. c. state and federal. d. publicly held and privately held
The two ways that a corporation can be classified by purpose are profit and not-for-profit. In general, for-profit businesses sell goods or offer services. A non-profit group typically uses donations, events, and corporate sponsors to fundraise. In general, for-profit businesses aim to give consumers a good or service while also turning a profit.
The goal of a nonprofit organization is to assist the community without thinking about making a profit. A non-profit organization is a group that was established with the intention of making a profit, and in which no part of the organization's revenue corporation is given to its directors, officials, or members.
To learn more about corporation, click here.
https://brainly.com/question/14656092
#SPJ4
Which marketing tactic runs counter to the practice of market segmentation?
undifferentiated marketing
targeted marketing
marketing campaign
demographic marketing
targeted marketing
I hope this helps you
:)
Your director assigned you to a hospital billing project. Define the criteria will you use to decide which software development methodology is best suited for the project?
Your director assigned you to a hospital billing project. Clarity of requirements, Skills of the development team, and Flexibility of timelines are the criteria will you use to decide which software development methodology is best suited for the project.
Clarity of requirements, skills of requirement, and flexibility of timelines are the best criteria in software development methodology for hospital billing projects because the clarity of requirements is necessary before starting the project in which we analyze what type of requirements are needed for the project.
Analyzing the skills of the development team is an important criterion here we find the skills needed for the project and then the team is decided, lastly, methodology flexibility of timelines is another best criterion for the project it helps to complete the project more efficiently and timely.
Learn more about methodology at
https://brainly.com/question/329739
#SPJ4
what does these symbols mean on a measuring tape' &"
A man in San Rafael County was discovered committing workers' compensation fraud. He had been observed working while at the same time receiving disability benefits. Surveillance showed the man working at an automobile auction. The investigator interviewed the owner of the auction and found that the claimant was being paid $200 per week in cash for washing vehicles and performing other shop tasks. Surveillance video showed the man carrying 25-pound bags of pet food, loading boxes, and rummaging through a trash dumpster. Obviously, he was not hurt very badly. 1. Was surveillance the proper method to use in this case? Why? 2. What are some restrictions to be careful about in conducting surveillance?
Answer:
1. Yes
2. - privacy concerns
- may lack full details.
Explanation:
1. In this scenario the automobile auction house would need to show video evidence of his (San Rafael's) fraud activities to the investigator.
2. Privacy concerns such as how the information gotten from video surveillance is used may pose a challenge.
There's also the reality of a lack of full details. For instance, San Rafael may be deaf a disability that cannot be reflected well on a surveillance video that shows him working.
i will give $1000 to someone that can help me with this. and im being serious
Answer:
shell say to get your team together and lead if can do it do it, if you cant, don't
Explanation: you're the team leader you're supposed to be able to make decisions even the hard ones
What is it called when businesses are doing poorly and stock prices drop?
Answer:
When a stock price falls, that means the company must sell additional shares of stock to raise the same amount of proceeds
Explanation:
explain the social and psychological factors that influence the buying patterns of customers in business
Answer:
There are four psychological factors that influence consumer behaviour: Motivation, perception, learning, and attitude or belief system. Motivation speaks to the internal needs of the consumer.
Explanation:
In a bank reconciliation, deposits outstanding are: a. subtracted from the bank balance. b. added to the book balance. c. added to the bank balance. d. subtracted from the book balance.
In a bank reconciliation, deposits outstanding are b. added to the book balance.
What is book balance?The book balance is the balance of cash in a company's general tally, while the bank balance is the balance of cash in the company's bank account. Deposits outstanding are deposits made by the company that haven't yet been recorded by the bank.
To attune the book balance with the bank balance, outstanding deposits are added to the book balance. This is because the book balance formerly includes the deposits made by the company, while the bank balance doesn't yet reflect those deposits until they're recorded by the bank.
Thus, the correct answer is b. added to the book balance.
Learn more about book balance
https://brainly.com/question/26699275
#SPJ1
A de jure corporation is one that is formed to accomplish a single purpose within a limited time. True False
It is false that a de jure corporation is one that is formed to accomplish a single purpose within a limited time.
To find out why a de jure corporation is not limited to a single purpose, we need to know more.
What is de jure corporation?It is when a coporation has fulfiled the required mandate within the ambit of the law to become a corporation.For a certified de jur coporation, they can issue stocks and also carry out daily activities.Hence, we can conclude that a de jure corporation is not one that is formed to accomplish a single purpose within a limited time.
Learn more about de jure corporation here : https://brainly.com/question/13434823
Identify key player (e. G. , cutomer group, upplier companie, major organization) that Apple deal with in it operation
Apple's key players in its operations include customers, suppliers, and major organizations such as governments and telecommunications companies.
In terms of customers, Apple has a diverse range of consumers, from individuals to large businesses. Apple's primary suppliers are companies that provide components for its products, including manufacturers of hardware components, software and content creators. Apple also has relationships with major organizations, including governments, which regulate the tech industry and telecommunications companies, which provide infrastructure for its products.
Apple's collaborations and partnerships with these key players play a significant role in the company's ability to innovate and bring new products to market. To maintain positive relationships with these stakeholders, Apple must continually meet the expectations and needs of its customers, suppliers and major organizations while balancing its own business objectives and priorities.
To learn more about Apple visit: https://brainly.com/question/22678197
#SPJ4
The question seems to be incomplete, but I suppose the question was:
"Identify key players (e.g., customer group, supplier companies, major organizations) that Apple deal with in its operation."
Virtual locations used only for posting job openings are called
job fairs
job search websites
referrals
social media
Virtual locations that are used only for posting job openings are job search websites.
It should be noted that job search websites are the websites where the people that are looking for jobs can log on to and search for the jobs that meet their skills. On the other hand, a job fair isn't virtual, it is a career fair where recruiters get candidates that can fill certain positions in a company. Also, a referral is when a person tells the job seeker to go and meet another individual regarding a job.Lastly, it should be noted that social media isn't used for posting jobs alone. There are several things posted on social media.In conclusion, the correct option is B
Read related link on:
https://brainly.com/question/24180525
Answer:
Job Search Website
Explanation: verified answer
Suppose that Symantec is a small firm that has developed anti-virus computer software. Symantec currently earns $3 million per year in profits from selling its software. Dell informs Symantec that it is considering installing the software on every new computer it sells. Dell currently earns profits of $30 million but expects to sell more computers at a higher price if it can install Symantec software. Dell first chooses whether to offer Symantec $30 or $20 for each copy of its software, and then Symantec responds by either accepting or rejecting the offer. The strategies and corresponding profits (in millions) for Dell (D) and Symantec (S) are depicted in the decision tree to the right. What is the Nash equilibrium of the game
Answer:
Dell will offer Symantec $20 per copy of the software in which Symantec will accept the offer
Explanation:
Based on the information given NASH EQUILIBRIUM of the game between Dell and Symantec is that Dell strategy is to achieved the desired result he wanted by offering Symantec $20 per copy of the software instead of $30 per copy of the software in which Symantec will accept the offer because Dell want to sell more of their computers at high price when they install Symantec's software.