How to calculate each of the required calculations:
Blue Sea Corporation’s books revealed the following for 2014 and 2015:
2015, Dec 31 2014, Dec 31
Cash $27,750 $21,250
Accounts receivable 42,000 37,500
Inventory 72,250 61,600
Other prepaid assets 12,500 12,500
Accounts payable 41,250 38,000
Other current payables 13,000 15,000
Shareholders’ equity 100,250 79,850
Sales 525,000 450,750
Cost of sales 300,000 240,750
Operating expenses 70,000 65,000
Net income 155,000 145,000
Required:
a. Calculate the number of days to collect the average receivable in 2015
b. Calculate the number of days inventory was held in 2015
c. Calculate the average number of days to pay an account during 2015
d. Calculate the current ratio for the 2015 year-end
e. Calculate the quick ratio for the 2015 year-end
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How To Best Establish Communicate And Enforce Company Technical Standards While
/in Uncategorized /by developerHow to best establish, communicate, and enforce company technical standards while still allowing for creativity and innovation? We are architects so we have a lot of regulatory and best-practice types of things to keep in mind when doing projects and need to ensure that everyone in the company does those things similarly. For example, when doing drawings or writing specifications we need to have some standard practices to make things easier for others to work on the project and to provide consistency in our work product. But we also don’t want to quash any good ideas or creative solutions. And we don’t want to make everyone feel like robots. How can we best achieve those goals?
Hi Maria and Team,
A definition of our company’s technical standard is a pretty open ended question. For us, I would define it as several different things:
1. Information or knowledge needed to ensure that our projects comply with building codes, best practices, and other written criteria.
2. Information or knowledge needed to ensure that our projects are complete, meet the clients expectations, and are checked for quality.
3. Information or knowledge needed to ensure that our project documentation (drawings, specifications, reports) are complete.
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How To Calculate Annual Pipeline Inventory Cost For An Item For Example Cost Of
/in Uncategorized /by developerHow to calculate Annual pipeline inventory cost for an item, for example
Cost of placing an order: 500
Annual holding cost :11%
Lead time is 2 weeks
48 week in a year
annual Demand : 5500
Item Cost: 30
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How To Calculate Each Of The Required Calculations Blue Sea Corporation S Books
/in Uncategorized /by developerHow to calculate each of the required calculations:
Blue Sea Corporation’s books revealed the following for 2014 and 2015:
2015, Dec 31 2014, Dec 31
Cash $27,750 $21,250
Accounts receivable 42,000 37,500
Inventory 72,250 61,600
Other prepaid assets 12,500 12,500
Accounts payable 41,250 38,000
Other current payables 13,000 15,000
Shareholders’ equity 100,250 79,850
Sales 525,000 450,750
Cost of sales 300,000 240,750
Operating expenses 70,000 65,000
Net income 155,000 145,000
Required:
a. Calculate the number of days to collect the average receivable in 2015
b. Calculate the number of days inventory was held in 2015
c. Calculate the average number of days to pay an account during 2015
d. Calculate the current ratio for the 2015 year-end
e. Calculate the quick ratio for the 2015 year-end
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How To Calculate Economic Loss
/in Uncategorized /by developerHow to calculate Economic Loss?
Question Example:
Imran is a dairy farmer and currently has revenues of $40,314 per month. The only costs associated with running the farm are fixed costs of $89,743 per year. As a result of a large increase in demand for alternative forms of milk in the market Imran serves, he is deciding whether or not to start producing meat instead of milk. He estimates his revenues from producing meat will be $54,932 per month.
What is Imran’s monthly economic loss from producing milk? Assume the same farm running costs apply to the meat option as well as the milk option. Answer as a positive number to the nearest whole value
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/in Uncategorized /by developerHow to calculate probability of making $80 on 1000 sequential bets under the following conditions: (1) unlimited funds & (2) bankroll of $256 utilizing martingale betting strategy.
Details of betting strategy:
Always bet on black (18/38) chance of winning.
bet amount $1
if win continue to bet $1
if lose double bet until you win.
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/in Uncategorized /by developerHow to calculate seasonal index
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/in Uncategorized /by developerhow to calculate speed of sound using temperature, humidity , and pressure?
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How To Calculate Speed Of Sound Using Temperature Pressure And Humidity
/in Uncategorized /by developerhow to calculate speed of sound using temperature, pressure, and humidity?
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How To Calculate The Efficiency Of A Transmission Link Between Two Hosts In This
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A two-way link has a data rate of 40 kb/s while transmitting data in either direction, and a propagation delay of 20 milliseconds in each direction. A is sending frames of L bits to B using stop-and-wait ARQ. A 160-bit acknowledgment frame is returned by B immediately after B receives a full frame of data from A. Define efficiency as the percentage of time that A is sending a frame of data. This ignores the additional inefficiency due to overhead in A’s frames.
What range of values of L gives an efficiency of at least 50% ?
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How To Calculate The Multiples Based Valuation Of Costco
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How to calculate the multiples based valuation of Costco?Multiple based valuations are methods to determine the current value of a company by usingfinancial ratios and examining and comparing the…
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