Answer: 12
Explanation: The ratio of number of times an inventory is used or sold in a specific period , generally a year, is called inventory turnover ratio. It can be computed by using the following formula :-
= 
where,
cost of goods sold = beginning inventory + net purchase - ending inventory
= $50,000 + $460,000 - $30,000
= $ 480,000
average inventory = 
=
= $40,000
so,
inventory turnover ratio = 
= 12
Most couples get engaged to marry before they actually get married. At one time, such an agreement to marry was considered a legally binding contract and if the engagement was broken without lawful justification, the person responsible could be sued for damages for breach of promise
Answer:
If negative externalities pop up in a market, the equilibrium is higher than the efficient output.
Thus when it comes to the government rectification regarding the side effects of that commercial , activity, if the amount of bags is (1) then the new equilibrium would be: <em>p*= $17</em>
Machines, materials and money are all considered to be factors of production. The correct option among all the options given in the question is option "D". For any kind of production on a large scale to be successful, money is highly important. With that money the materials needed for production can be bought and machines will help in large scale production. So all the three are interconnected.
Answer:
The company should produce 7,500 bread machines to maximize profit
Explanation:
Given:
Toaster Ovens Bread Machines
Sales Price per unit 60 135
Less: variable cost per unit 38 75
Contribution Margin per unit 22 60
Machine hours per unit 1 2
Now,
Contribution Margin per Machine Hour = 
thus,
Contribution Margin per Machine Hour 22 30
Since,
The Contribution Margin per Machine Hour for the bread is more, therefore to maximize profits the kitchen company should produce Breads machines.
also,
Number of units to be produced = 
= 
= 7,500 units