Answer:
D) 44
Explanation:
first we must calculate inventory turnover:
Average inventory = ($6,540 + $7,250) / 2 = $6,895
Inventory turnover = $56,900 / $6,895 = 8.25
days' sales of inventory = 365 / 8.25 = 44.2 ≈ 44
Days' sales of inventory is the average number of days that it should take to sell the inventory.
Answer:
a. equilibrium, and the price will not change
Explanation:
At equilibrium, quantity supplied equals quantity demanded. There is no incentive for prices to change.
Above the equilibrium price, there is a surplus, and the price will fall.
Below the equilibrium price, there is a shortage and prices would rise.
I hope my answer helps you
Answer:
The accounts receivable turnover of Kelly for the year is 7.8
Explanation:
The formula for computing the accounts receivable turnover of Kelly for the year is as:
Accounts receivable turnover = Net Credit Sales / Average Accounts receivable
where
Net credit sales amounts to $820,000
Average accounts receivable formula is as:
Average accounts receivable = Beginning Accounts receivable + Ending Accounts receivable / 2
= $95,000 + $115,000 / 2
= $210,000 / 2
= $105,000
So, putting the values above as:
Accounts receivable turnover = $820,000 / $105,000
Accounts receivable turnover = 7.80
Answer:
see below
Explanation:
Operating expenses are the cost a business incurs while engaging in its normal business operations. They are the costs not directly be attached to the production process. A business incurs operating expenses in managing it day to day activities. They exclude one time expenses such as judgment cost, accounts adjustments, and other non-recurring costs.
Operating expenses are classified into administrative, selling, and general expenses. Businesses cannot avoid operating expenses; hence the management should strive to keep them as low as possible. Examples of operating expenses include rent, salaries, employee benefits, transport, depreciation, repairs, taxes, sales commissions, amortization, and pension contributions.
The IRR of the security system is 42.40.
An example of security is while you are at domestic with the doorways locked and also you feel secure. An employer or department whose venture is safety or safety, esp. A non-public police pressure is employed to patrol or protect a construction, park, or another vicinity. if you see an interloper, name safety.
Securities are fungible and tradable monetary gadgets used to elevate capital in public and personal markets. There are typically three kinds of securities: fairness—which presents possession rights to holders; debt—basically loans repaid with periodic payments; and hybrids—which combine elements of debt and fairness.
Security trouble is any unmitigated risk or vulnerability in your device that hackers can use to do damage to structures or statistics. This includes vulnerabilities inside the servers and software connecting your business to customers, as well as your enterprise strategies and those.
Using TVM Calculation,
Present Value of savings = [FV = 0, PMT = 3,375, N = 10 , I = 7,500]
PV = 3375
PI = 33750/7,500
PI = 4.50
Time Cashflows
0 -$7,500.00
1 $3,275.00
2 $3,275.00
3 $3,275.00
4 $3,275.00
5 $3,275.00
6 $3,275.00
7 $3,275.00
8 $3,275.00
9 $3,275.00
10 $3,275.00
IRR 42.39%
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