r automotive needs. They were recenthy oz. plastic container. Pennzoil denies th

Question

r automotive needs. They were recenthy oz. plastic container. Pennzoil denies the claim, but has fined by the FTC for under-filling the 8 d to increase the fill amount. They currently do not overfill any co If they overfill by 1 std. dev. that will add.5 ounces to each container, but the VP Sales wants einte ay future issues with the FTC and has suggested they overfill to achieve 3 std. (99.7%) dev of How much oil will have to be added to achieve 3 std dev.? Will the container size have to be increased ? Will the price have to be increased? petitors who sell the same size container on the same shelf? 14, Given this annual report data on the AbbVie Balance Sheet what % of assets are in inventory? [S in millions) Cash 84,000 Accounts Receivable... 132,000 330,000 40,000 850,000 Total$1,436,000 Bldgs. & Equip. swer.

Explanation / Answer

Please follow below steps to calculate inventory.

Find Total Assets of the company and divide it by the inventory - for above case -

Total Assets = 1436000 USD

Inventory = 330000 USD

% of assets in inventory = Total Assets / Inventory = 1436000/330000 = 4.3 %

4.3 % of Assets are in inventory

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