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Greeley [361]
3 years ago
11

Inventory turnover is calculated as _____. a) cost of merchandise sold divided by inventory b) cost of merchandise sold divided

by average inventory c) cost of merchandise sold divided by total assets d) None of these choices are correct.
Business
1 answer:
Molodets [167]3 years ago
7 0

Answer:

B) cost of merchandise sold divided by average inventory.

Explanation:

Inventory turnover: It is a liquidity ratio that measures the number of times on average a company sold or replaced its inventory during the period. Computed as the cost of goods sold / by the average inventory on hand during the period. Analysts compute average inventory from the beginning and ending inventory balances. The ideal inventory turnover ratio is about 4 to 6, it is a rate at which restock item is well balanced with the sold inventory.

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To compute net income for a merchandiser, you will start with net sales, subtract cost of goods sold and subtract other.
ivanzaharov [21]

The next items to subtract from net sales in order to compute net income for a merchandiser are <u>Expenses</u>.

<h3>What are the expenses for a merchandiser?</h3>

The expenses for a merchandiser include selling and distribution expenses.  Others are administrative expenses, including depreciation for long-term assets, and tax expenses.

Thus, o compute net income for a merchandiser, you will start with net sales, subtract the cost of goods sold and subtract other <u>expenses</u>.

Learn more about the expenses of a merchandiser at brainly.com/question/5657625

5 0
2 years ago
If a tax is levied on the sellers of a product, then the demand curve will a. become flatter. b. not shift. c. shift up. d. shif
Lera25 [3.4K]

If a tax is levied on the sellers of a product, then the demand curve will become flattered.

Option A. becomes flattered.

If a tax is levied on sellers of a product, then the supply decreases, the supply curve will shift to the left. The demand curve will not shift. This is shown in the following figure;

S+tax Price E1 pl p 0 q1 q Quantity х

In the above figure, the x-axis shows quantity and the y-axis shows the price. D is the demand curve and S is the supply curve. As a result of the tax, the supply curve will shift to the left. The price increases from p to p1 and quantity decreases from q to q1.

Learn more about levied at

brainly.com/question/3853375

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7 0
2 years ago
Because of the free-rider problem,
Nookie1986 [14]

Answer:

c. private markets tend to undersupply public goods

Explanation:

Because of the free-rider problem, private markets tend to undersupply public goods

6 0
3 years ago
Britney, Jewel, Colin, and Sheila are trying to form a band. They each have some basic skills on most instruments, so their curr
Sveta_85 [38]

Answer:

Tell each member to begin training in the roles they play better to gain from expertise benefits.

Explanation:

It's very clear that they are awful in the other parts. Colin should take the bass and jewel should take the guitar. Britney should sing and Sheila should play the drums. In this way they will all be focused on what they succeed at and practice till it makes perfect to save time before their cash runs out. Perhaps during the free time they might try their hands on other instruments they fancy.

7 0
4 years ago
Which of the following was proposed by Alexander Hamilton in 1792 and is by far the oldest economic argument for government inte
anzhelika [568]

Answer: Infant Industry.

Infant Industry is when they has been an argument against a competitor. In this case, Alex is in a argument with the government - the government would be the competter in this case. Therefore, we have Infant Industry as our final answer.

4 0
4 years ago
Read 2 more answers
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