Flingers Inc.reveals the following information in their annual report for FY 201
ID: 2395226 • Letter: F
Question
Flingers Inc.reveals the following information in their annual report for FY 2014. Earnings and Expenses Sales Cost of good sold Pretax earning 10,000,000 5,000,000 $500,000 Selected balance sheet item Merchandise Inventory Total assets $80,000 $2,000,000 Upper management plans to cut cost of goods sold by 5% for the coming year but retain the same sales. What will Flingers' return on assets figure be for 2015? A) 26% B) 33% C) 38% D) 29% Floyd Electric is fabricating flanges for a new electrical motor. The flange is to be 25 millimeters in diameter with an upper tolerance limit of 26.5 millimeters and a lower tolerance limit of 23.5 millimeters. Bill Floyd took a sample consisting of ten flanges, a recorded a standard deviation of 0.463 mm of the sample. What is Floyd Electric's process capability index? A) 1.66 B) 1.42 C) 1.33 D) 1.08Explanation / Answer
Ans 1 Cost of good sold in 2015 4750000 (5000000*95%) Earnings 500000+(5000000*5%) 750000 Return on assets 38 % 750000/2000000*100 Option C 38% ans 2 Option D 1.08 (upper limit-lower limit)/6*SD (26.5-23.5)/(6*0.463)
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