Can you try to make this into a level 1 dfd diagram
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Can you try to make this into a level 1 dfd diagram
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- Abduallh, the Internal auditor of TATI Company recommends to the top management about the need for using stock tracking software to ensure effective store management. Which of the following statement holds true about the above statement? a. It’s an example of Whistle blowing since it is reported to the top Management b. It is not an example of Whistleblowing since there is no wrongdoing reported c. It’s an example of Whistle blowing since it is an internal matter of the business d. It’s an example of whistle blowing since it is to protect the company’s best interestTP4. LO 6.6Review the most recent yearly (or quarterly) income statement for a publicly-traded company and answer the following questions.What company did you choose, and which income statement format do they use (multi-step, simple, or combination)?What information is included on the statement?Do you agree with the format presentation? Why or why not?What are the benefits and limitations with the income statement format choice?Compute the Gross Profit Margin Ratio. Discuss the results.1. How does Management Science help to achieve optimal solutions? 2. How does management science help a business achieve the ideal situation? 3. Briefly discuss the application of Management Science to inventory management.
- I Carry rents trucks for moving and hauling. Each truck costs the company anaverage of $8,000, and the inventory of trucks varies monthly depending on thenumber that are rented out. During the first eight months of last year, I Carry hadthe following ending inventory of trucks on hand:Month Number of Trucks Month Number of TrucksJanuary 26 May 13February 38 June 9March 31 July 16April 22 August 5I Carry uses a 20 percent annual interest rate to represent the cost of capital.Yearly costs of storage amount to 3 percent of the value of each truck, and the costof liability insurance is 2 percent.a. Determine the total handling cost incurred by I Carry during the period Januaryto August. Assume for the purposes of your calculation that the holding costincurred in a month is proportional to the inventory on hand at the end of themonth.b. Assuming that these eight months are representative, estimate the average annual cost of holding trucks1. In a manufacturing company:Beginning Inventory + Purchases = Cost of Goods Available for Sale a) True b) False 2. Manufacturers have three unique inventory categories: Raw Materials, Work in Process, and Finished Goods. But retailers have only an Inventory account. a) True b) False 3. Period costs are any costs that are not product costs like Commission Expense, Office rent Expense, Advertisement Expense, Office Salary Expense. a) True b) FalsePlease do not give solution in image format thanku 1. Current total inventory level (I E) of a company is 10,000 units, which are held at 4 different facilities (n E). Next year, the company plans to open 12 new facilities. Provide an estimate on the total future inventory level (I F) for the company. a. 60,000 units b. 10,000 units c. 40,000 units d. 20,000 units e. 17,321 units
- Retailer Budget D. Tomlinson Retail seeks your assistance in developing cash and other budgetinformation for May, June, and July. The store expects to have the following balances at the end ofApril:Cash $ 5,500Accounts receivable 437,000Inventories 309,400Accounts payable 133,055The firm follows these guidelines in preparing its budgets:∙ Sales. All sales are on credit with terms of 3/10, n/30. Tomlinson bills customers on the last day ofeach month. The firm books receivables at gross amounts and collects 60% of the billings withinthe discount period, 25% by the end of the month, and 9% by the end of the second month. Thefirm’s experience suggests that 6% is likely to be uncollectible and is written off at the end of thethird month.∙ Purchases and expenses. All purchases and expenses are on open account. The firm pays its payables over a 2-month period with 54% paid in the month of purchase. Each month’s units of endinginventory should equal 130% of the next month’s cost of sales. The…Which of the following is most controllable by company management? a. The environmental factors, particularly the competitive and economic factors b. The elasticity of demand c. The proportions of debt and equity used to finance the company’s assets d. The long-term bond yield and the equity risk premium(1-b) XYZ company produces staplers and other items. The production cost per unit is $8 and the cost of setting up the production line for this is $60. The annual holding cost rate is 30%. The company works 250 days per year. The production rate for this product is 120 per day. If the annual demand is 20,000 units, i. Which batch size should the company use? ii. What is the minimum monthly cost? iii. What is the total production time allocated to this product annually?
- The best quantity to order One of the formulas for inventorymanagement says that the average weekly cost of ordering, payingfor, and holding merchandise iswhere q is the quantity you order when things run low (shoes,TVs, brooms, or whatever the item might be); k is the cost ofplacing an order (the same, no matter how often you order); c isthe cost of one item (a constant); m is the number of items soldeach week (a constant); and h is the weekly holding cost per item(a constant that takes into account things such as space, utilities,insurance, and security). Find dA>dq and d2A>dq2.SLO 1.1 Opportunity cost is a measure of: A) Inventory acquisition costB) Cost of services related to purchasingC) Cost of operating expensesD) Alternatives for invested fundsE) Activity based costs SLO 1.2 ABC analysis provides insight into: A) Total inventory costsB) Average inventory costsC) What items account for the most expendituresD) What items are critical to avoid stock outsE) High turnover items1.An auto parts supplier sells Hardy-brand batteries to car dealers and auto mechanics. Theannual demand is approximately 1,400 batteries. The supplier pays $32 for each batteryandestimates that the annual holding cost is 30 percent of the battery's value. It costs approximately$25 to place an order (managerial and clerical costs). The supplier currently orders 140batteriesper month. Determinetheordering, holding, andtotal inventory costs forthe currentorderquantity. Determine the economic order quantity (EOQ). How many orders will be placed per year using the EOQ? Determine the ordering, holding, and total inventory costs for the EOQ. Howhas ordering cost changed? Holding cost? Total inventory cost?