Answer:
a. Inventory Turnover = 5.299 times or 5.30 times
b. Days in Inventory = 69 days
Explanation:
a)
To calculate the inventory turnover, we first need to find out the avergae inventory. The average inventory is calculated by adding the opening and the closing inventory and dividing the sum by 2.
- Average Inventory = (35750 + 63500) / 2 = $49625
The inventory turnover is,
- Inventory Turnover = Cost of Sales / Average Inventory
- Inventory Turnover = 263000 / 49625 = 5.299 times or 5.3 times
b)
Days in inventory is the period for which, on average, the inventory is kept and sold completely.
We can calculate days in inventory simply by dividing the number of days for which we are calculating the ratio for, say in this case one years or 365 days by the inventory turnover ratio we calculated.
Days in inventory = 365 / 5.30 = 68.8679 or 69 days
The Postal Service Mail Carrier, Foreign Service Specialist, US Army Member are the examples of Government and Public Administration careers.
<h3 /><h3>What are government and public administration careers?</h3>
- The Government and Public Administration bunch consists of occupations in law enforcement and security offices.
- The military falls under this cluster. Some public service offices, especially in the administration, separated in this cluster.
- They include municipal clerks, postal service clerks, tax assessors, mail carriers, and air crew members.
- Jobs in the government and public administration career bunch come to planning, managing, and providing government assembly and administrative and regulatory services.
Therefore, Postal Service Mail Carrier, Foreign Service Specialist, US Army Member are the best examples of Government and Public Administration careers as it requires government control.
Learn more about Government and Public Administration careers, refer:
brainly.com/question/646839
Answer:
3. the difference between the lease payments receivable and the fair value of the leased property.
Explanation:
The lessor should remove the book value of the asset from its balance sheets and replace it with the amount that he will receive. To do this, the lease receivable in a direct-financed lease is best defined as the differences between the receivable lease payments less the book value of the asset when it was sold.
- Flexibility
- Attainability
- Fixed expenses
- Recordings of spending and track progress
- Support from management
- An understanding of your debt and current income
Answer:
The correct answer is letter "B": Capital Projects.
Explanation:
Capital Projects are long-term investments that aim to build, expand or improve an asset. Capital projects usually refer to investments on buildings, machinery, and factories. Management and resource allocation is complex in capital projects because of the time the project lasts and the amount of investment necessary to complete it.
