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Jobisdone [24]
1 year ago
10

What formula below can be used to forecast inventory? (Inventory days / Cost of sales) x 365 (Inventory days / Revenue) x 365 (I

nventory days / 365) / Revenue (Inventory days / 365) x Cost of sales
Business
1 answer:
Bess [88]1 year ago
8 0

The formula that can be used to forecast inventory is: (Inventory days / Cost of sales) x 365.

<h3>What is Inventory forecasting?</h3>

Inventory forecasting can be defined as the process in which companies tend to make you of their past inventory data or information to estimate,  predict ad forecast the inventory they will need in the future and by doing this it prevent the companies from running of inventory.

Most companies tend to make use of Reorder level so as to avoid running out of stock.

The formula that can be used to forecast inventory is (Inventory days / Cost of sales) x 365.

Therefore the formula that can be used to forecast inventory is: (Inventory days / Cost of sales) x 365.

Learn more about Inventory forecasting here:brainly.com/question/21445581

#SPJ1

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kondor19780726 [428]

Answer:

"Delegative" is the right response.

Explanation:

  • Whenever a supervisor assigns one and sometimes more employees or assistants responsibility for actions and choices as well as behavior, is termed as a Delegative style.
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5 0
3 years ago
1. Which of the following is not characteristic of a corporation?
Oxana [17]
<span>1. Which of the following is not characteristic of a corporation?

d. Corporations are required to file federal income tax returns.

2. Characteristics of a corporation include

d. Shareholders who have limited liability

3. One of the main disadvantages of the corporate form is the

b. Double taxation of dividends


4. Under the corporate form of business organization

a. Ownership rights are easily transferred.


5. Those most responsible for the major policy decisions of a corporation are the

b. Board of directors.


6. Stockholders' equity

d. Is shown on the income statement

7. The price at which a stock can be sold depends upon a number of factors. Which statement below is not one of those factors?

b. Investor expectations of the corporation's earning power


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b. Stock Dividends


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8 0
3 years ago
Read 2 more answers
Gloria Company had no beginning work in process. During the period, 16000 units were completed, and there were 1200 units of end
aivan3 [116]

Answer:

17,200 Units

Explanation:

The total number of units started into production is the sum of the units completed with the ending work in progress, given that the company had no beginning work in progress and no information is given on units wasted.

Units started in production

= 16000 + 1200

= 17,200 Units

3 0
3 years ago
The account titles for transaction (D) 5/5 should appear in the Account Title column of the journal entry as
Mrac [35]
The account titles for transaction (D) 5/5 should appear in the Account Title column of the journal entry as <span>A/P—Bellhaven Bank Cash

Hope this helps!!</span>
6 0
4 years ago
Hong kong clothiers reported revenue of $5,000,000 for its year ended december 31, 2016. accounts receivable at december 31, 201
Eddi Din [679]

Answer:

C) $4,965,000.

Explanation:

cash collected form customers = accounts receivable beginning balance + total revenue - accounts receivable beginning balance = $320,000 + $5,000,000 - $355,000 = $4,965,000

The direct method only uses actual cash outflows and inflows to calculate the cash flow from operating activities.

3 0
4 years ago
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