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Inventory Management
Williams & Sons last year reported sales of $11 million, cost of goods sold (COGS) of $8 and an inventory turnover ratio of 2. The company is now adopting a new inventory system. If the new system is able to reduce the firm's inventory level and increase the firm's inventory turnover ratio to 4 while maintaining the same level of sales and COGS, how much cash will be freed up? Do not round intermediate calculations. Round your answer to the nearest dollar.
?If Jason's fixed cost totals $400 with variable cost per unit of $10 at a quantity of 80 units, what would his average total cost at 80 units of output equal?
Some healthcare providers are concerned with malpractice suits and are engaged in practicing "defensive medicine". You are expected to produce a report for your team to examine issue for investigation. What tools would be needed to further examine th..
q.frank knight has a job as a sales manager earning 100000 per year and he is deciding whether to purchase a bakery
Regression Analysis involves lurking variables, outliers, scatter plots, linear correlation Coefficient and regression Equation.
According to both Keynes and Friedman, the demand for money decreases with a decrease in a) permanent income. b) the interest rate. c) the spread between the interest rates on bonds and money. d) the return on bonds minus the return on money.
a. Suppose that money supply (M1) is $200. What is the money multiplier? What is the currency-deposit ratio? What is the reserve-deposit ratio?
According to the Central Limit Theorem
You have just purchased a house for $400,000, paid $24,000 for legal fees and $17,000 for renovations. The market price of the house does not change. If the sales tax on a house were 3% (to be paid by you if you sell the house), what is the sunk cost..
In a random sample of 88 adults from a particular town, it is found that 6 of them have been exposed to a certain flu strain.
TT Drinks Company was established a hundred years ago and currently employs over 300 people. The company produces and sells a range of black, green and flavoured teas and fruit infusions. TT's last Director of Marketing was away from work with illnes..
The graph shows the relationship between risk, measured as the standard deviation of a stock portfolio's return, and the number of different stocks
Cost Minimization for Cobb-Douglas. Suppose the Acme Gumball Company has the production function of q=LK. Given that the MPL=K, MPK=L and MRT S=MPL/MPK. Suppose wage rate is w= $5 and rental rate is r= $5. What is the cost-minimizing combination of L..
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