In a noninstantaneous receipt model, daily demand is 55 units and daily production is 120 units, Co = $70 and Cc = $4 per unit per year. What is the maximum inventory level? (Assume that the facility is open 365 days per year.)
A) 616.9
B) 618.4
C) 620.3
D) 622.9
Answer: A
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The following information describes a product expected to be produced and sold by Garr Company:Selling price………………………………………$80 per unitVariable costs……………………………………$32 per unitTotal fixed costs…………………………………$630,000Required:(a) Calculate the contribution margin ratio.(b) Calculate the break-even point in dollar sales.(c) What dollar amount of sales would be necessary to achieve a pretax income of $120,000?
What will be an ideal response?
Which of the following best represents operating income?
A) Income after financing activities B) Earnings before interest and taxes C) Income from capital gains D) Income from discontinued operations
In a completely randomized experimental design involving five treatments, 13 observations were recorded for each of the five treatments (a total of 65 observations). Also, the design provided the following information. SSTR = 200 (Sum of Squares Due to Treatments) SST = 800 (Total Sum of Squares) The number of degrees of freedom corresponding to within-treatments is
a. 60. b. 59. c. 5. d. 4.
Bell Weather, Inc. has a beta of 1.25. The return on the market portfolio is 12.5%, and the risk-free rate is 5%. According to CAPM, what is the required return on this stock?
A) 20.62% B) 9.37% C) 14.37% D) 15.62%