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11 months ago

Other things remaining the same, if the average aggregate inventory value goes down, then?

1 answer:

7 0

Other things remain the same if the average aggregate inventory value goes down, then the inventory turnover ratio will go up, but weeks of supply will go down.

An inventory valuation allows a company to provide a monetary value for items that make up its inventory. Inventories are usually the largest current asset of a business, and proper measurement of them is necessary to assure accurate financial statements.

An inventory valuation is a monetary amount associated with the goods in the inventory at the end of an accounting period.

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Andre45 [30]

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3 years ago

In 2011 oil production in Libya was interrupted by political unrest. At the same time, the demand for oil by China continued to

kondaur [170]

Answer:

As a result of the political unrest in Libya, the supply of oil would fall, As a result the supply curve would shift to the left. This would lead to fall in equilibrium quantity and a rise in price.

The increased demand for oil would shift the demand curve to the right. The equilibrium price and quantity would increase

Taking these two effects together, equilibrium price would rise and there would be an indeterminate effect on equilibrium quantity

Please check the attached image for a graph showing these shifts

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Explanation:

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3 years ago

When using the needs approach, several "special needs" should be considered. One special need is money to cover unexpected event

12345 [234]

Answer:

Emergency fund.

Explanation:

Emergency funds are money that we keep on hand in case of unforeseen events. It may cover car repairs, unforeseen buying, medical bills and so on.

It is important to hold some emergency funds so as to avoid being stranded with no access touch needed resources.

Also emergency funds can be saved over time in case of job loss, having some back-up funds to use in the meantime will be a wise strategy.

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3 years ago

9 48. The stages of human development are: 1.Clear and distinct 2.Varied from person to person 3.Easily navigated 4.Only physica

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Answer:

2. VARIED FROM PERSON TO PERSON

Explanation:

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3 years ago

Operations managers have learned that quality control is not a never-ending process. Just before you add packaging to the finish

nikitadnepr [17]

Answer:

False.

Explanation:

Operations manager should ensure quality control is done at all stages in the production cycle to ensure highest standard. If quality check is carried out only at the final stage defects that should have been spotted earlier will cause product to be discarded.

So checking the product at the last stage is counter-productive.

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3 years ago