Answer:
Inventory turnover = 9.45
Explanation:
Inventory turnover is defined as the ratio between Cost of good sold and average inventory.
Average inventory is defined as follows, where BI = Beginning merchandise inventory and EI = Ending merchandise inventory:
![Average Inventory = \frac{BI + EI}{2}](https://tex.z-dn.net/?f=%20Average%20Inventory%20%3D%20%5Cfrac%7BBI%20%2B%20EI%7D%7B2%7D)
![Average Inventory=\frac{20000+35000}{2}=27500](https://tex.z-dn.net/?f=Average%20Inventory%3D%5Cfrac%7B20000%2B35000%7D%7B2%7D%3D27500)
then:
![Turnover = \frac{260000}{27500} \\Turnover = 9.45](https://tex.z-dn.net/?f=Turnover%20%3D%20%5Cfrac%7B260000%7D%7B27500%7D%20%5C%5CTurnover%20%3D%209.45)
Answer:
D. Smaller "communities" or "houses" should be developed to lessen the impersonal nature of large middle schools.
Explanation:
- The carnage foundation is a US-based education policy and research center that is committed to teaching and developing a network of ideas, individuals, and advanced teaching institutions.
Answer:
True
Explanation:
The company received $15000 and credited it to the unearned consulting Revenue accounts because it had not performed any services yet.
According to the accrual principle, the company can only report the amount earned in a period. If the company achieves the required 10% of consulting services by 31st march, it will record 10 percent of $15,000 as its income.
10 percent of $15000= 10/100 x $15000
=$1500
Answer:
In a company you are given partial ownership by Stocks, and a company or government loan by you. The biggest difference among them is how they generate profit: inventories must be valued and sold later, while most bonds pay fixed interest over time.
Explanation:
We need to see the article to give the best answer, but the closest choice would be <u>D.</u>
Giving both sides of the story is one way to avoid bias (aka favoring) toward one side.