Answer:
d. Reduce average Inventory
Explanation:
Inventory turnover ratio represents how quickly an entity's inventory is converted into sales and cash is generated.
Inventory turnover in days is computed as;
= 
Inventory turnover ratio can be computed as:
= 
Average stock = 
wherein, Op stock = Opening stock
Cost of Goods Sold = Sales - Gross Profit
A reduction in the average inventory level would increase the inventory turnover ratio, and thus reduce the inventory conversion period from 80 days to a lower level.
Answer:
Debit Office supplies, $500; credit Accounts payable, $500.
Explanation:
Purchase of supplies on credit will increase the supplies and increase the account payable balance as well. Supplies account is an asset account therefore it has debit balance and Account payable is a liability account so it has credit balance. To reflect the event following Journal entry is recorded.
Debit Office supplies $500
Credit Accounts payable $500
Answer: A - peak
Explanation:
Just took the test the other answer is wrong!!!
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Answer:
This question is incomplete, the questions itself is missing. The correct question is the following:
"In nonprofit organizations," ...
And the correct option is the first one: The direct consumers of the product are the client public.
Explanation:
To begin with, the nonprofit organizations are those that focus on the fact of giving its service or product to the public in general because there is an extremely importance in the good itself so that is why that the organization focus on reaching every member of the community because the product or service should be at the reach of all. And that is why that in the nonprofit organizations the direct consumers of the product or service are the client public.