Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Business & Finance Posted 26 Jun 2018 My Price 6.00

production process

1.Calculate the accounts receivable period for a firm with an annual sales of $10 million and average accounts receivable of $2 million.

 

 

2.A company currently has an inventory item that is vital to its production process and costs $2,675. The company uses 1538 units of the item per year and order costs are $125 per order. If the carry costs are $136 per unit what is the EOQ?

 

3.A firm is considering relaxing its credit standards which will result in annual sales increasing from $1.50 million to $2.11 million. Costs of goods sold represent 48 percent of sales and the average collection period is expected to increase from 40 to 53 days. If the firm requires a return of 13.3 percent, what the cost of investing in the extra accounts receivables from the planned relaxation of credit standards?

Answers

Maurice Tutor
(5)
Status NEW Posted 26 Jun 2018 09:06 PM My Price 6.00

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