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Fudgin [204]
2 years ago
14

review the statements below and select the ones that are correct regarding the days' sales in inventory ratio. (check all that a

pply)
Business
1 answer:
aleksley [76]2 years ago
5 0

The physical count is used to bring the inventory balance in the Inventory account up to date.furthermore, The actual count is utilized to decide whether there has been any burglary, misfortune, harm or mistakes in stock.

How is Days Sales of Inventory calculated?

Days Sales of Inventory is calculated as follows:Days Sales of Inventory = COGS x (Average Inventory x 365).

What exactly is Days Sales of Inventory, or DSI?

A financial ratio known as days sales of inventory (DSI) depicts the average number of days it takes a company to sell its inventory, including work in progress goods.

Learn more about Sales of Inventory here:

brainly.com/question/13199620

#SPJ4

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True/False
SVEN [57.7K]

Answer:

True

Explanation:

The good guy-bad guy routine is one usually adopted by two people looking to buy a product. They both role play, and while one comes off as hostile and unreasonable, the other seems nice and friendly and even apologizes for the behavior of his or her partner.

They do this to unsettle the seller and purchase the product at a price favorable to them.

It is important for the seller to be able to recognize this good guy-bad guy routine, be well aware of his products and maintain control of the negotiations to sell at the right price.

4 0
4 years ago
Which of these is an example of a cash inflow?
Schach [20]

unselected increase in accounts receivable is an example of a cash inflow.

<h3>What types of cash flows are there?</h3>

In the cash flow statement's operating activities section, net income is often the first line item. This metric, which gauges a company's profitability, is calculated directly from the net profit displayed in the income statement of the business for the relevant period.

<h3>What elements have an impact on the cash flow statement?</h3>

Increasing Current Assets at All (Accounts Receivables, Prepaid Expenses, Inventory etc. taken from the Balance Sheet) Any drop in Current Liabilities that has occurred (Accounts Payable, Accrued Liabilities, Income Tax Payable etc. taken from the Balance Sheet). the operating activities' net cash flow.

<h3>Where in the financial statements does cash flow from operating activities appear?</h3>

Operating Activities Cash Flow Following the balance sheet and income statement in a company's financial statements comes a component of the Statement of Cash Flows called Cash flow from Operating Activities.

Learn more about cash outflow:

brainly.com/question/25563224

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5 0
2 years ago
Bill, a senior manager at Bizlaw Inc., instructs Kim, a mid-level managed to make false statements on the performance evaluation
Gre4nikov [31]

Answer:

Bandwagon fallacy.

Explanation:

The bandwagon fallacy is based on the assumption that the opinion of the majority is valid and because of that you should believe it. In this case, Bill tells Kim that as all the managers make up stories about employees Bizlaw wants to get rid of, he should do it too.

5 0
3 years ago
Scenario: Money Creation The reserve requirement is 20%. Leroy receives $1,000 as a graduation present and deposits the money in
disa [49]
Your answer to this question is increased by $1000
8 0
3 years ago
Jose wants to find out how many men wear bright colored ties. Which
sergey [27]

Answer:

survey

Explanation:

6 0
3 years ago
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