Answer:
Business processes
Explanation:
This includes time use efficiency between marketing and acquiring a prospective customer coupled with meeting speculated delivery time and management of sales information.
Answer:
The cost of goods available for sale is $4,760
Explanation:
Goods available for sales include all those goods which is available on the beginning of the period and all the purchases / production during the period.
Beginning Inventory = 20 x $44 = $880
Purchases for the month = ( 20 x 45 ) + ( 20 x 46 ) + ( 20 x 49 ) + ( 20 x 54 )
Purchases for the month = $900 + $920 + $980 + $1,080
Purchases for the month = $3,880
Cost of Goods available for sale = Beginning Inventory + Purchase for the month = $880 + $3,880 = $4,760
84.84 days take Mario's to sell its inventory.
<h3>What is meant by Inventory?</h3>
All the goods, merchandise, and supplies that a company keeps on hand in anticipation of selling them for a profit are referred to as inventory.
The products and materials that a company keeps on hand with the intention of reselling, producing, or using them are referred to as inventory or stock. The main focus of inventory management is determining the location and shape of stocked commodities.
Data given in the question:
Sales = $2,880
costs of goods sold = $2,220
Inventory = $51
Accounts receivable = $436
Now,
Time taken to sell inventory = 365 ÷ ( Inventory Turnover Ratio )
also,
Inventory Turnover Ratio = [ Cost of goods sold ] ÷ [ Average inventory ]
= $2,220 ÷ $516
= 4.3023
Therefore,
Time taken to sell inventory = 365 ÷ 4.3023
= 84.84 days
To learn more about Inventory refer to:
brainly.com/question/24868116
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Answer:
The interest earned during the second year of the life of a deposit of $6,000 if no money is withdrawn from the bank during that time is $153.75.
Explanation:
Since it is an annual compounding without any money withdrawn, that mean interest will be paid on both the principal and the first year interest income. Therefore, we have:
First year interest earned = Principal * Annual interest rate = $6,000 * 2.5% = $150
Second year interest earned = (Principal + First year interest earned) * Annual interest rate = ($6,000 + $150) * 2.5% = $6,150 * 2.5% = $153.75
Therefore, the interest earned during the second year of the life of a deposit of $6,000 if no money is withdrawn from the bank during that time is $153.75.
Answer:D
Explanation: Can not always. A fact is evidence.
