Suggested answers of the tutorial questions EXERCISE 15.25 1 Safety stock: The lead time is one month‚ so the safety stock is equal to the difference between average monthly usage and the maximum usage in a month. Average monthly usage is 70 tonnes (840/12)‚ and the maximum usage is 80 tonnes. Therefore‚ the safety stock is 10 tonnes (80 – 70). 2 Reorder point: The reorder point is 80 tonnes. This is the maximum amount of the chemical that would be used in a month‚ and this is the
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THE UNIVERSITY OF NEW SOUTH WALES Australian School of Business School of Accounting ACCT 1501: Accounting and Financial Management 1A Week 1 ADJUSTMENT TO ACCOUNTING ENTRIES Student Handout Contents: 1. Introduction 2. Tutorial questions – Week 1 3. SAC2 Extract 4. Woolworths Annual Report 2007 Extract 5. Lecture slides Lecturer: Trish Strong School of Accounting UNSW QUAD 3067 Ph:9385 6657 t.strong@unsw.edu.au Session 1‚ 2011 Course website: http://telt.unsw.edu.au/ 1. Introduction Welcome
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ACCT1501 S12012 W2 Tutorial Questions Tutorial Questions: DQ 2.6‚ 2.10; Problems 2.7‚ 2.22‚ 2.27 DQ2.6 a. A balance sheet can indicate whether a company is financially sound by a comparison of the amount of finance raised by debt with the amount raised from owners. The higher the proportion raised by the debt‚ the higher the risk to the creditors. The working capital‚ i.e. current assets less current liabilities indicates a company’s ability to pay its bills on time. This assumes that the
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ECO2103 Principles of Microeconomics Tutorial 5 Question One a) You are studying with a friend and your friend says "A budget line shows the various combinations of two goods that can be purchased with the buyer’s income at current prices." Is your friend’s assessment correct or not? b) How is a budget line similar to a production possibilities frontier? How do they differ? c) Why budget line has a negative slope? What does the slope of the budget line equal? d) What is an indifference curve? e)
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208KM Tutorial 5 Ans Question 1 Show why R&D management is dependent on industrial context. Answer: This question explores the extent to which students understand the importance of industrial context. R&D operations in the industrial chemical industry will be completely different from those in the food industry. For example‚ R&D managers in industrial chemicals companies may not have to deal with brand managers‚ whereas in the food industry brand managers will be very influential. Similarly
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Quantitative Methods for Business Tutorial Week 2 (Percentages‚ Ratios and Proportions) Please note: You should review the relevant lecture notes and sections in the textbook and attempt the questions before coming to the tutorial. Bring a calculator (not one on your mobile phone!). Exercises: 1. A store sells washing machines for a retail price of $1000 (including GST). To clear out stock in preparation for the new model‚ the store marks these down by 25%. A customer comes into the store and agrees
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OF NEW SOUTH WALES Australian School of Business School of Accounting ACCT 1501: Accounting and Financial Management 1A Week 2 Measuring & Evaluating Financial Position & Performance Student Handout Lecturer: Dr. Youngdeok Lim School of Accounting UNSW QUAD 3069 youngdeok.lim@unsw.edu.au Blackboard: http://telt.unsw.edu.au Session 1‚ 2013 WEEK 2: Measuring & Evaluating Financial Position & Performance 1. Introduction Every commercial entity engages in transactions
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Week 11 Tutorial: Ethics of Globalisation II (Assessed) Reading: Shaw et.al. (2013)‚ plus reading by Jeff Fadiman‚ pp.296-309. After reading this article‚ respond to discussion questions 1‚ 2‚ 3 and 5 on p.309 (replace the word ‘Americans’ and the term ‘U.S.’‚ with the word ‘Australians’). 1. Explain the three reasons for foreign bribery that Fadiman discusses. Do most Americans look at bribery from a culturally biased perspective‚ or is Fadiman too tolerant of corruption? The first reason is meet
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Note of ACCT 1501 Accounting and financial management 1A: Introduction to Financial Accounting & Key Financial Statements: * Accounting: the process of identifying‚ measuring‚ recording and communicating economic information to assist users to make decisions * There are specific business language used in accounting: 1‚ Grammar 2‚Vocabulary: every accounting terminology has its specific meaning 3‚ Practice: all is based on accounting standards‚ disciplines and assumptions Through
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Criminal Justice Ethics Week’s 4 Tutorial Doany Will ETHC-232 Professor: Denise Young Criminal Justice Ethics In the general orders or in the personnel manual of virtually every police organization there is language about “ethics” and “integrity.” But what exactly does that mean? Ethics is an easy word to throw around and yet very hard to define. “Police officers are held
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