This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A study by a consultant shows that a company that had $2,000,000 of inventory was holding excess ... (Read 48 times)

fahad

  • Hero Member
  • *****
  • Posts: 570
on: Mar 6, 2021
A study by a consultant shows that a company that had $2,000,000 of inventory was holding excess inventory of $320,000 that could be eliminated with a few process improvements.  It also has $620,000 in marketable securities that yield 5% per year.  What is the estimated annual opportunity cost of holding the excess inventory?
◦ $16,000
◦ $100,000
◦ $31,000
◦ $47,000
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by fahad on Mar 6, 2021

jlaineee

  • Sr. Member
  • ****
  • Posts: 380
Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


fahad

  • Member
  • Posts: 570
Reply 2 on: Mar 6, 2021
Excellent

jomama

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

The accessory organs of the digestive system: the liver, gallbladder, and pancreas. Image shows the The accessory organs of the digestive system: the liver, gallbladder, and pancreas. Image shows the
Holding of Gusii Infants by Age Holding of Gusii Infants by Age
Cultural Variations in the Strange Situation Across cultures, most toddlers exhibit secure attachme Cultural Variations in the Strange Situation Across cultures, most toddlers exhibit secure attachme
This Native American depiction of the Sand Creek Massacre, painted on a buffalo hide, shows the Indi This Native American depiction of the Sand Creek Massacre, painted on a buffalo hide, shows the Indi
Nomogram chart. This example shows a line drawn from a child’s height of 100 cm to his weight, 35 ... Nomogram chart. This example shows a line drawn from a child’s height of 100 cm to his weight, 35 ...
The paper test involves holding a piece of paper near the tailpipe of an idling engine. A good ... The paper test involves holding a piece of paper near the tailpipe of an idling engine. A good ...
Video: EpiPen Animation (Part 2)

For a complete list of videos, visit our video library