Homework Answers
Add Answer to:
Bill & Becky Travel, Inc., is a full-service travel agency. Data in the table below show...
Beck Inc. and Bryant Inc. have the following operating data: a. Compute the operating leverage for...
Beck Inc. and Bryant Inc. have the following operating
data:
a. Compute the operating leverage for Beck Inc.
and Bryant Inc. If required, round to one decimal place.
Beck Inc.:
(
)
Bryant Inc.
:(
)
b. How much would income from operations
increase for each company if the sales of each increased by 20%? If
required, round answers to nearest whole number.
Dollars
Percentage
Beck Inc.
$
%
Bryant Inc.
$
%
Selected financial data for Quick Sell, Inc., a retail store, appear as follows. Year 2 Year...
Selected financial data for Quick Sell, Inc., a retail store, appear as follows. Year 2 Year 1 Sales (all on account) $ 795,000 $ 601,000 Cost of goods sold 484,000 419,000 Average inventory during the year 135,000 125,000 Average receivables during the year 150,000 100,000 a-1. Compute the gross profit percentage for both years. (Round your percentage answers to the nearest whole number. i.e. 0.1234 as 12%.) a-2. Compute the inventory turnover for both years. (Round your answers to 1...
Selected financial data for Quick Sell, Inc., a retail store, appear as follows. Year 2 Year...
Selected financial data for Quick Sell, Inc., a retail store, appear as follows. Year 2 Year 1 Sales (all on account) $ 781,000 $ 601,000 Cost of goods sold 489,000 431,000 Average inventory during the year 118,000 108,000 Average receivables during the year 150,000 100,000 a-1. Compute the gross profit percentage for both years. (Round your percentage answers to the nearest whole number. i.e. 0.1234 as 12%.) a-2. Compute the inventory turnover for both years. (Round your answers to...
SHOW ME HOW CLUBU Kroger, Sprouts Farmers Market, Inc., and Whole Foods Markets, Inc. are three...
SHOW ME HOW CLUBU Kroger, Sprouts Farmers Market, Inc., and Whole Foods Markets, Inc. are three grocery chains in the United States. Inventory management is an important aspect of the grocery retail business. Recent balance sheets for these three companies indicated the following merchandise inventory (in millions) information: Kroger Sprouts Whole Foods Cost of merchandise sold $85,512 $2,541 $9,973 Inventory, end of year 5,688 165 500 Inventory, beginning of year 5,651 1 43 a. & b. Determine the inventory turnover...
Problem 2-7 The following table shows data on the average number of customers processed by several...
Problem 2-7 The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $15, the overhead rate is 1.2 times labor cost, and material cost is $4 per customer. Unit Employees Customers Processed / Day a. Compute the labor productivity and the multifactor productivity for each unit. Use an eight-hour day for multifactor productivity. (Round your "Labor Productivity" answers to 1 decimal place and "Multifactor Productivity" answers...
ignore my answers i was just guessing The manager of a travel agency has been using...
ignore my answers i was just guessing
The manager of a travel agency has been using a seasonally adjusted forecast to predict demand for packaged tours. The actual and predicted values are as follows: Period Demand 140 Predicted 120 200 150 AWN- 194 169 100 80 136 128 O V 95 124 101 150 149 105 94 85 84 140 128 134 The following data were collected during a study of consumer buying patterns: Observation Observation AWN b. Obtain a...
Silver Lining Inc. has a balanced scorecard with a strategy map that shows that delivery time...
Silver Lining Inc. has a balanced scorecard with a strategy map that shows that delivery time and the number of erroneous shipments are expected to affect the company’s ability to satisfy the customer. Further, the strategy map for the balanced scorecard shows that the hours from ordered to delivered affects the percentage of customers who shop again, and the number of erroneous shipments affects the online customer satisfaction rating. The following information is also available: The company’s target hours from...
Selected financial data for Quick Sell, Inc., a retail store, appear as follows. Sales (all on...
Selected financial data for Quick Sell, Inc., a retail store, appear as follows. Sales (all on account) Cost of goods sold Average inventory during the year Average receivables during the year Year 2 $ 788,000 450,000 144,000 150,000 Year 1 $ 603,000 395,000 134,000 100,000 a-1. Compute the gross profit percentage for both years. (Round your percentage answers to the nearest whole number. i.e. 0.1234 as 12%.) a-2. Compute the inventory turnover for both years. (Round your answers to 1...
A small town with one hospital has 4 ambulances to supply ambulance service. Requests for ambulances...
A small town with one hospital has 4 ambulances to supply ambulance service. Requests for ambulances during nonholiday weekends average 0.68 per hour and tend to be Poisson-distributed. Travel and assistance time averages 2.40 hours per call and follows an exponential distribution Use Table 1. a. Find system utilization. (Round your answer to the nearest whole percent. Omit the "%" sign in your response.) System utilization % b. Find the average number of customers waiting. (Round your answer...
Operating Leverage Beck Inc. and Bryant Inc. have the following operating data: Beck Inc. Bryant Inc....
Operating Leverage Beck Inc. and Bryant Inc. have the following operating data: Beck Inc. Bryant Inc. Sales $315,300 $1,027,000 Variable costs 126,500 616,200 Contribution margin $188,800 $410,800 Fixed costs 129,800 252,800 Income from operations $59,000 $158,000 a. Compute the operating leverage for Beck Inc. and Bryant Inc. If required, round to one decimal place. Beck Inc. Bryant Inc. b. How much would income from operations increase for each company if the sales of each increased by 10%? If required, round...
Beck Inc. and Bryant Inc. have the following operating
data:
a. Compute the operating leverage for Beck Inc.
and Bryant Inc. If required, round to one decimal place.
Beck Inc.:
(
)
Bryant Inc.
:(
)
b. How much would income from operations
increase for each company if the sales of each increased by 20%? If
required, round answers to nearest whole number.
Dollars
Percentage
Beck Inc.
$
%
Bryant Inc.
$
%
SHOW ME HOW CLUBU Kroger, Sprouts Farmers Market, Inc., and Whole Foods Markets, Inc. are three grocery chains in the United States. Inventory management is an important aspect of the grocery retail business. Recent balance sheets for these three companies indicated the following merchandise inventory (in millions) information: Kroger Sprouts Whole Foods Cost of merchandise sold $85,512 $2,541 $9,973 Inventory, end of year 5,688 165 500 Inventory, beginning of year 5,651 1 43 a. & b. Determine the inventory turnover...
Problem 2-7 The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $15, the overhead rate is 1.2 times labor cost, and material cost is $4 per customer. Unit Employees Customers Processed / Day a. Compute the labor productivity and the multifactor productivity for each unit. Use an eight-hour day for multifactor productivity. (Round your "Labor Productivity" answers to 1 decimal place and "Multifactor Productivity" answers...
ignore my answers i was just guessing
The manager of a travel agency has been using a seasonally adjusted forecast to predict demand for packaged tours. The actual and predicted values are as follows: Period Demand 140 Predicted 120 200 150 AWN- 194 169 100 80 136 128 O V 95 124 101 150 149 105 94 85 84 140 128 134 The following data were collected during a study of consumer buying patterns: Observation Observation AWN b. Obtain a...
Selected financial data for Quick Sell, Inc., a retail store, appear as follows. Sales (all on account) Cost of goods sold Average inventory during the year Average receivables during the year Year 2 $ 788,000 450,000 144,000 150,000 Year 1 $ 603,000 395,000 134,000 100,000 a-1. Compute the gross profit percentage for both years. (Round your percentage answers to the nearest whole number. i.e. 0.1234 as 12%.) a-2. Compute the inventory turnover for both years. (Round your answers to 1...
Most questions answered within 3 hours.
-
How would you train your employees to avoid risks of using
mobile devices?
asked 6 minutes ago -
Assume Kw = 1.01 ✕ 10−14
For pure water, we can calculate [H3O+ ] = [OH...
asked 1 hour ago -
Suppose that on a temperature scale X, water boils at 203.0°X
and freezes at -105.7°X. What...
asked 1 hour ago -
BaS crystallizes in a cubic unit cell with S2- ions on each
corner and each face....
asked 2 hours ago -
A. 0≤P(Oi)≤10≤P(Oi)≤1 for each i
B. P(Oi)≤0P(Oi)≤0
C. P(Oi)=1+P(OCi)P(Oi)=1+P(OiC)
D. P(Oi)≥1P(Oi)≥1
If an experiment consists of...
asked 3 hours ago -
A battery has an emf of 9.20V and an internal resistance of 1.20
ohm. a)What resistance...
asked 3 hours ago -
The area of an elastic circular loop decreases at a constant
rate, dA/dt = −6.60×10−3 m2/s...
asked 5 hours ago -
The denaturation of proteins can be described by the
equilibrium
F⇌U
where F and U represent...
asked 6 hours ago -
Please answer what the maximum and minimum force is, and the
angle on the ion is...
asked 6 hours ago -
implement a program that reads a number of rows and a symbol.
The program will draw...
asked 6 hours ago -
Assume that when adults with smartphones are randomly selected,
45% use them in meetings or classes....
asked 6 hours ago -
Determine the number of formula units of
Na2SO4 and moles of oxygen contained in 8.11
moles...
asked 6 hours ago