Answer:
Wilkens' days in inventory for 2017 = 60.833
Explanation:
Given:
Sales = $1,800,000
Beginning inventory = $160,000
Ending inventory = $240,000
Gross profit = $600,000
Inventory turnover = 6 times
Wilkens' days in inventory for 2017 = ?
Computation of Wilkens' days in inventory for 2017:
Wilkens' days in inventory for 2017 = Number of days in a year / Inventory turnover
Wilkens' days in inventory for 2017 = 365 / 6 times
Wilkens' days in inventory for 2017 = 60.833
Answer:
$23.6 per share
Explanation:
Given that,
Total common equity = $5,500,000
Shares outstanding = 250,000
Net income = $525,000
Dividends paid out = $125,000
Total value at the end:
= Total common equity + Net income - Dividends paid out
= $5,500,000 + $525,000 - $125,000
= $5,900,000
Therefore,
Book value per share at 2014 year end:
= Total value at the end ÷ No. of shares outstanding
= $5,900,000 ÷ 250,000
= $23.6 per share
The correct answer would be option A, Frank should share the culture of the company through stories, rites, and rituals.
As they sit down over coffee at the local deli, Frank should share the culture of the company through stories, rites, and rituals, with the new owner about the success of his business.
Explanation:
Frank is in the furniture business for so long. Now he is retiring, and he wants his business to be persuaded successfully in the future as well. He is selling his store to people who have no roots in the community. He wants to share the secret of his success to the new owner.
So to make the new owner understand the secret of success, Frank should share the culture of the company by telling the new owner, stories, rites and rituals of the company which made his business successful.
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It doesn't take that long to be honest, I got mine in a week
Answer:
focuses on decisions about the production and delivery of a firm's products and services.
Explanation:
Operations management can be regarded as a field of business which involves administration of business practices that carried out maximization of efficiency in a firm or an organization. It entails process such as planning, organizing, as well as taking responsibility for processes in organization in order to balance revenues as well as costs. It should be noted that Operations Management focuses on decisions about the production and delivery of a firm's products and services.