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nydimaria [60]
3 years ago
8

Zhang company reported cost of goods sold of $835,000 and average inventory of $41,750. the inventory turnover ratio is

Business
1 answer:
Ahat [919]3 years ago
8 0
To find the inventory turnover ratio you will:
divide the cost of goods sold (COGS) by the average inventory
COGS = $835,000
Average inventory = $41,750

Inventory turnover ratio = $835,000/$41,750 
Inventory turnover ratio = 20
In most cases, we can assume if there is a higher ratio more sales are being generated from the inventory. 
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This method encourages the selling division to operate efficiently.

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Absorption cost transfer pricing is very essential to determine the right amount in which goods and services will be sold in the market. It involves setting a price for a particular product with inclusion of all its variable costs.

Absorption cost transfer pricing enables an organization to maximise profit this is because all the different cost incurred during production are added to the price of the product.

7 0
3 years ago
Jamie is analyzing the estimated net present value of a project under various conditions by revising the sales quantity, sales p
Juliette [100K]

Answer:

The answer is option E) The type of analysis that Jamie is doing is best described as scenario analysis.

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scenario analysis assesses the effect of changing all the input variables at the same time.

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3 years ago
Salespeople need to possess effective trust-based sales communications skills so that they:
Olegator [25]
Hey there!

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7 0
3 years ago
Investor Palmer has a diversified portfolio consisting of equity and debt valued at $365,000 at the start of the year. During th
garri49 [273]

Answer:

The return after taxes is 7.9%

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At the start of the year the portfolio is valued at $365,000.

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The tax is applied to the dividends and interests, as:

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5 0
3 years ago
Phishing:_______
grandymaker [24]

Answer:

a)

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7 0
3 years ago
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