Answer:
The answer is D.
Explanation:
Inventory turnover is a measure of the number of times inventory is sold in a given period of time period such as in a quarter or in a year.
The formula is Cost of goods sold ÷ the average inventory.
Higher inventory is better than lower inventory because the higher the inventory turnover, the better a business is selling goods(inventories) very quickly and that demand for their product exists. While low inventory turnover depicts weaker sales and declining demand for a company's products
This is an example of government regulations as a source for new product ideas.
Explanation:
The government can be a source of new product ideas in many ways.
First of all, there are many new product choices in the archives of the Patent Office. We will make more new design ideas further marketable.
Secondly, in reaction to regulations of government, economic policy, investment recommendations, the annual strategy, the five-year plan etc, new products innovations can arise.
Thirdly, today a number of government departments help businessmen develop business ideas.
Fourthly, commerce and industry policy reports can also help to develop new venture concepts.
Answer:
<u>Foreign exchange risk management strategy</u>
Explanation:
In simple terms, what the Foreign exchange risk management strategy entails is the measures used by companies to protect or to create a safety net against any potential losses that may arise due to fluctuation in the exchange rates.
By approaching its bank in January [about three months in advance] in other to agree on an exchange rate at which they will make a payment, FBL Inc was implementing its Foreign exchange risk management strategy.
Answer:
"$127.11 per unit" is the correct approach.
Explanation:
The activity cost as per the questions will be:
Activity 1:
=
= ($)
Activity 2:
=
= ($)
Activity 3:
=
= ($)
Now,
The overhead cost for digital cameras will be:
=
=
= ($)
Per unit overhead cost will be:
=
= ($)
hence,
The total cost will be:
=
=
= ($)
Answer:
a)$2,043.14
Explanation:
The discount is applicable when both items are bought together.
the total bill for the two items will be $12,695.95 + $924.95
=$13,620.90
15% discount of $13,620.90
=15/100 x $13,620.90
=0.15 x $13,620.90
=$2,043.135
=$2,043.14