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trasher [3.6K]
3 years ago
12

Consider a firm with an annual net income of $20 million, revenue of $60 million and cost of goods sold of $25 million. If the b

alance sheet amounts show $2 million of inventory and $500,000 of property, plant & equipment, how many weeks of supply does the firm hold?
Business
1 answer:
faltersainse [42]3 years ago
5 0

Answer: 4.16 weeks.

Explanation:

To calculate this we will use the Weeks of Supply formula as well as an assumption of a 52 week year. There are a couple of variants to the formula but for the purpose of the details given here we shall use the following,

Weeks of supply = (Average inventory/ Cost of goods sold) * 52 weeks

= (2/25)*52

= 4.16

The weeks of supply the firm holds is therefore 4.16 weeks.

If you have any questions or need any clarification, please do react or comment. Thank you.

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John is an investor who is looking at two opportunities. One has higher risk than the other. John is willing to invest in the hi
harina [27]

Answer:

B. As a risk-averse investor

Explanation:

B. As a risk-averse investor is a correct option . Risk-averse investors can invest in higher risk opportunity only if it offers higher expected return .

4 0
4 years ago
Which of the following is the best way to measure who read the company's public relations message and what they thought about it
algol [13]

Answer:

a. Ask consumers for relevant feedback after the campaign

Explanation:

  • The company's public messages in order to establish a relationship with the clients or its costumes have to be essentially exposed through the mediums like campaigns and the media to get relevant feedback form them and helps in the analysis if its future scope.
  • These messages target the key audiences and use all mediums of communication like PR events.
6 0
3 years ago
Suppose you bought 100 shares of IBM at $200 per share. What is the maximum loss if you place a stop-loss order at $165
Lynna [10]

Answer:

$3,500

Explanation:

Placing a stop-loss order at $165 means that the last amount that the stock traded, it had a price of $165 per share.

Based on that, it is evident that each stock has lost $35 when compared to the price at which the stop-loss order was placed and the initial cost per share of $200.

Loss per share=$200-$165=$35

The loss incurred on 100 shares of IBM=loss per share*number of shares owned

The loss incurred on 100 shares of IBM=$35*100

The loss incurred on 100 shares of IBM=$3,500

4 0
3 years ago
Which of the following should you include in e-mails?
saul85 [17]
I would say letter “E” but the government already knows all of our personal information, so whats the point... probably being watched threw your computer/phone camera rn
7 0
3 years ago
The level of the Baring market index is 22,300 at the start of the year and 26,800 at the end. The dividend yield on the index i
marshall27 [118]

Answer: 24.48%

Explanation:

Return on the index over the year is calculated by;

= Dividend yield + (Ending index value - Beginning index value)/ Beginning index value

= 4.3% + (26,800 - 22,300) / 22,300

= 24.48%

8 0
3 years ago
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