Answer:
$9000
Explanation:
Inventory turnover is an example of an activity ratio
Activity ratios calculate the efficiency of performing daily task of a firm
Inventory turnover = cost of goods sold / average inventory
Average inventory = (beginning inventory + ending inventory) / 2
($2000 + $1000) / 2 = $1500
6 = cost of goods sold / 1500
To determine cost of goods sold, multiply both sides of the equation by 1500
1500 x 6 = $9000 = cost of goods sold
Answer: The monopolist will be able to sustain economic profits
Explanation:
If a monopolist in an industry characterized by monopoly features is making economic profit in the short run, then the monopolist will be able to sustain economic profits.
The economic profit is gotten when the explicit cost and the opportunity costs are both deducted from the revenues generated by a business.
Since there is high barrier to entry and the monopoly is the only firm in the market, then the monopolist will be able to sustain economic profits.
Answer:
office decorum
Explanation:
The term workplace decorum, in plain terms, refers to the basic collection of such rules that aim to make the workplace atmosphere a nicer environment to settle in. The term "office decorum" may make it look dense as well as packed with several implications, but in actuality it is a collection of basic instructions that you'll have to examine in an organization to work around each other.
Answer:
subcultures
Explanation:
Internet subculture is a new way of living that was enabled and enhanced because of access to the internet. Sometimes, they are specific to certain groups of people. Prior to the advent of the internet these subcultures were in little or no use. Examples are the advent of memes and hashtags.
Trending topics on most social media platforms incorporate the use of hashtags which were not in use before now. To be successful in internet marketing, it is necessary to have a good mastery of internet subcultures.