Answer:
Business environment includes specific forces such as investors, customers, competitors and suppliers. Non-human or general forces are Social, Legal, Technological, Political, etc. which affect the Business indirectly.
Would you mind giving us the status(of the delivery,that is)of glossy paper,which we ordered
Hmm, i'm not super sure about this one can I go and research it?
Medium of exchange because it's the purchase that is in question here
Answer:
4.8 times
76 days
Explanation:
Inventory Turnover is the numbers of times that an inventory is sold in a period. It shows that is there any excessive inventory available in respect to the current sales level.
Formula for Inventory Turnover
Inventory Turnover = Inventory Used during the year / Average Inventory
Inventory Turnover = 3,784 million / ( ( $855 + $717 ) / 2 )
Inventory Turnover = 3,784 million / $786
Inventory Turnover = 4.8 times
Number of days Sales is the numbers of days that a company takes to to be sold.
Numbers of Days Sales = 365 / Inventory Turnover ratio
Numbers of Days Sales = 365 / 4.8 = 76.04 = 76 days
