Calculate the percentage of assets committed to inventory, where Panda Inc has $44,000,000 in total assets and 11,400,000 of inventory. Please provide the numerical answer to the one decimal place.
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- Joel is the RM for the City Center Plaza hotel. He knows that under his franchise agreement, he pays an 8 percent franchise fee and 3 percent marketing fee on all revenue generated from room sales. Additional fees for using the hotel’s CRS are $2.00 per each room reserved. Internet service provider (IDS) related charges paid by the hotel for rooms sold through Internet sites including uberhothotels.com are $10.00 per room sold. Given this information, help Joel complete the revenue estimate worksheet presented below. Net ADR Yield Estimate Worksheet: City Center Plaza Distribution Channel Group rooms Third-party merchant Rooms sold 80 100 Standard rate $185 $160 Gross revenue Franchise fee (8%) Franchise marketing fee (3%) Franchisor's CRS fee ($2 per room) IDS fee Net total revenue Net ADR yieldBased on the following information, how many days of supply of inventory is the firm holding (assuming 260 days of operation per year)? Do not round intermediate calculations. Round your answer to one decimal place. Sales $8,300,000 Cost of goods sold $7,540,000 Gross profit $760,000 Overhead costs $600,000 Net profit $160,000 Total inventory $2,600,000 Fixed assets $3,100,000 Long-term debt $2,300,000 a. 89.7 days b. 286.2 days c. 81.4 days d. 236.2 daysWrite a essay of 800- 1200 words, in which you analyse how Have Wings Restuarant /take ways in Soweto can ensure efficient operations and effective inventory management. Your discussion should include but is not limited to: Analyse the view that an effective inventory management system is premised upon the principles of accurate demand forecasting and keeping accurate records of inventory in the relation to Have Wings
- Why is inventory an important consideration for managers?Based on the above information, prepare a report for the head of the accounting department of RCIATOLimited to evaluate their revenue cycle. In your report, you need to include the following items:1. "Establishing separate departments for warehousing, shipping and inventory control willenhance internal controls over the inventory." Discuss this statement in the light of the existingrevenue cycle of RCIATO Limited.2. In the light of our discussion during interactive tutorials, describe potential internal controlweaknesses in the sales order processing procedures and cash receipts procedures of RCIATOLimited.3. In the light of our discussion during interactive tutorials, discuss the potential risks associatedwith the internal control weaknesses identified in Section (2) above.4. Based on Section (3) above, what types are frauds are possible. Hint: we have discussed differenttypes of frauds in the interactive tutorial and lectures. Your discussion should be based on these contents.What is Baker's percentage of assets committed to inventory? (enter your response as a percentage rounded to two decimal places).
- What is the relationship between inventory and the nine competitive priorities we discussed in Chapter 1, ”Using Operations to Create Value”? Suppose that two competing manufacturers, Company H and Company L, are similar except that Company H has much higher investments in raw materials, work-in-process, and finished goods inventory than Company L. In which of the nine competitive priorities will Company H have an advantage?explain how does inventory impact the financial health of a business?Why is inventory a relevant management consideration?
- Explain why is the inventory turnover ratio of a business desirable ?Consider walmart is having a inventory management problem. What could be the root cause for this problem? Use the 5 M's (Manpower, Methods, Materials, Machines, Measurements) and describe how changes in these factor can fix the problem?Fill in the costs and benefits (including the discounted values) up till year 20 to find the total cost and benefit. Please show the results using the maximum trash amount and the maximum operating cost. parameters trash amount 700 min amount 700 max amount 900 days 260 sorting cost 10 operating cost 80 min cost 50 max cost 80 landfill saving 100 mulch cost 10 discount 0,03 % compostable 58% costs year sorting cost discounted cost 0 $ - $ - 1 $ 1.820.000,00 $ 1.766.990,29 2 3 etc total sorting cost: pv formula year operating cost discounted cost 0 $ - $ - 1 $ 8.444.800,00 $ 8.198.834,95 2 3 etc total operating cost: pv formula year…