Ingram Inc. carries an average inventory of $1,125,000. Its annual sales are $15 million, its cost...

Ingram Inc. carries an average inventory of $1,125,000. Its annual sales are $15 million, its cost of goods sold is 75% of annual sales, and its average collection period is twice as long as its inventory conversion period. The firm buys on terms of net 30 days, and it pays on time. Its new CFO wants to decrease the cash conversion cycle by 10 days, based on a 365-day year. He believes he can reduce the average inventory to $970,890...

Heels, a shoe manufacturer, is evaluating the costs and benefits of new equipment that would custom...

Heels, a shoe manufacturer, is evaluating the costs and benefits of new equipment that would custom fit each pair of athletic shoes. The customer would have his or her foot scanned by digital computer equipment; this information would be used to cut the raw materials to provide the customer a perfect fit. The new equipment costs $111,000 and is expected to generate an additional $44,000 in cash flows for 5 years. A bank will make a $111,000 loan to the...

Builtrite has estimated their cost of capital is 14% and they are considering the purchase of...

Builtrite has estimated their cost of capital is 14% and they are considering the purchase of a machine with the following capital budget: Initial Investment $62,000 RATFCF Year 1 $38,000 RATFCF Year 2 $30,000 RATFCF Year 3 $24,000 What is the machine’s payback period?      1.2 years 2.21 years 2.79 years 1.8 years

Gilbert Company uses the weighted-average method in its process costing system. The beginning work in process...

Gilbert Company uses the weighted-average method in its process costing system. The beginning work in process inventory in a particular department consisted of 13,000 units, 100% complete with respect to materials cost and 40% complete with respect to conversion costs. The total cost in the beginning work in process inventory was $70,500. A total of 22,000 units were transferred out of the department during the month. The costs per equivalent unit were computed to be $1.80 for materials and $2.60...

Variable type question: normal, ordinal or scale? If I am recording the lowest and highest temperature...

Variable type question: normal, ordinal or scale? If I am recording the lowest and highest temperature of a city for the month of June, what kind of variable would the days (1 to 30) be considered? Are the recorded temperatures considered scale?

why would a company want to keep a bond until maturity?

why would a company want to keep a bond until maturity?

Zurich Inc. reports pretax financial income of $70,000 in 2017. The following items cause taxable income...

Zurich Inc. reports pretax financial income of $70,000 in 2017. The following items cause taxable income to be different from pretax financial income: a. Depreciation on the tax return is greater than the depreciation on the income statement by $16,000. b. Rent collected and reported on the tax return is greater than rent recognized on the income statement by $22,000 c. Fines for pollution appear as an expense of $11,000 on the income statement. Zurich’s tax rate is 30% for...

We have conducted a t-test to determine if the hospital mean for DRG XXX is significantly...

We have conducted a t-test to determine if the hospital mean for DRG XXX is significantly different from the population mean for DRG XXX. The calculated t is -3.39 and the critical t is -1.96. In this case we - A. reject the null hypothesis B. fail to reject the null hypothesis C. conduct the test again because the results are inconclusive D. not enough information provided

please I want the solution of this equation: Calculate the maximum and minimum values ​​of a...

please I want the solution of this equation: Calculate the maximum and minimum values ​​of a function u=xyz  which is condition met  x3 + y3 + z3 = 4

Choose a publicly traded company (NOT Disney or Walmart)  and state their stock price per share, earnings...

Choose a publicly traded company (NOT Disney or Walmart)  and state their stock price per share, earnings per share, beta, and dollar dividend per share. Explain why or why not you would invest in this company.

Have you ever been involved in a lease-or-buy decision at work? In your personal life? Please...

Have you ever been involved in a lease-or-buy decision at work? In your personal life? Please describe this situation and be sure to include the following information: How did you approach making this decision? Did you use a formal process or an informal process? What factors went into making the decision to lease or to buy? In hindsight, do you think that you made the right decision? Do you think that you made the cost effective decision? minimum of 200...

Consider the neutralization reaction below. 2HNO3(aq) + Ba(OH)2(aq) -> 2H2O(l) + Ba(NO3)2(aq) A 0.110-L sample of...

Consider the neutralization reaction below. 2HNO3(aq) + Ba(OH)2(aq) -> 2H2O(l) + Ba(NO3)2(aq) A 0.110-L sample of an unknown HNO3 solution required 31.7 mL of 0.150 M Ba(OH)2 for complete neutralization. What was the concentration of the HNO3 solution? ? = M

PROBLEM 6–22 Special Order Decisions LO6–4 Polaski Company manufactures and sells a single product called a...

PROBLEM 6–22 Special Order Decisions LO6–4 Polaski Company manufactures and sells a single product called a Ret. Operating at capacity, the company can produce and sell 30,000 Rets per year. Costs associated with this level of production and sales are given below: Direct materials . . . . . . . . . . . . . . . . . . . . . . . . . . Direct labor . . . . . . . ....

You wish to test the following claim ( H a ) at a significance level of...

You wish to test the following claim ( H a ) at a significance level of ? = 0.002 . H o : ? 1 = ? 2 H a : ? 1 ? ? 2 You believe both populations are normally distributed, but you do not know the standard deviations for either. And you have no reason to believe the variances of the two populations are equal You obtain a sample of size n 1 = 17 with a...

Where can I find out whether a store use perpetual or periodic inventory system?

Where can I find out whether a store use perpetual or periodic inventory system?

In an experiment a Carnot engine is constructed with efficiency of 40%. The high temperature corresponding...

In an experiment a Carnot engine is constructed with efficiency of 40%. The high temperature corresponding to this efficiency is 600K. Next consider a second experiment with another Carnot engine with efficiency of 75%, at the same the low temperature as the first experiment. What is the high temperature of the second experiment? (a) 800 K (b) 1440 K (c) 4000 K (d) 7500 K

A series of reactions in the Sun leads to the fusion of three helium nuclei (42He)...

A series of reactions in the Sun leads to the fusion of three helium nuclei (42He) to form one carbon nucleus (126C) . Part A Determine the net energy released by the reactions. Express your answer using three significant figures and include the appropriate units. Q = SubmitRequest Answer Part B What fraction of the total mass of the three helium nuclei is converted to energy? Express your answer using three significant figures.

A homeowner can obtain a $250,000, 30-year fixed-rate mortgage at a rate of 6.0 percent with...

A homeowner can obtain a $250,000, 30-year fixed-rate mortgage at a rate of 6.0 percent with zero points or at a rate of 5.5 percent with 2.25 points. How long must the owner stay in the house to make it worthwhile to pay the points if the payment saving is invested monthly?

Money demand is M^d=P*(100+0.06*Y-100i), where Y=2000, r=4%, expected inflation rate =1%. If the money supply is...

Money demand is M^d=P*(100+0.06*Y-100i), where Y=2000, r=4%, expected inflation rate =1%. If the money supply is 1075, what is the equilibrium price that clears the asset market?

Calculate the pH of each of the following solutions: Part A A sample of seawater that...

Calculate the pH of each of the following solutions: Part A A sample of seawater that has an OH− concentration of 1.68×10−6 M . Part B A sample of acid rain that has an H3O+ concentration of 4.5×10−5 M .