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3 years ago

Career cluster help identify the knowledge and skills needed to;

Business

1 answer:

Svetlanka [38]3 years ago

3 0

Career clusters help identify knowledge and skills needed to follow a pathway toward a career goal.

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Aegis Industries Inc., is the biggest snowmobile manufacturer in the world. It reported the following amounts in its financial s

Anettt [7]

Answer:

The calculations are shown below:

Explanation:

The computation is shown below:

As we know that

Inventory turnover ratio is

= Cost of goods sold ÷ Average inventory

For year 2015, it is

= $1,270 ÷ $210

= 6.05 times

For year 2014, it is

= $1,560 ÷ $220

= 7.09 times

For year 2013, it is

= $2,000 ÷ $380

= 7.14 times

1-b Average days to sell inventory is computed by considering the

= Total number of days in a year ÷ inventory turnover ratio

For year 2015, it is

= 365 ÷ 6.05

= 60.33 days

For year 2014, it is

= 365 ÷ 7.09

= 51.48 days

For year 2013, it is

= 365 ÷ 7.14

= 51.12 days

2. As we can see that the aegis industries inc is performing better than the Snow Pack Corporation as aegis industries has 7.14 times in 2015 as compare to the 5.5 times in 2015

7 0

4 years ago

Blue Spruce Corp. accumulates the following cost and net realizable value data at December 31. Inventory Categories Cost Data Ne

Kruka [31]

Answer:

Company's total inventory 30,850

Camaras: 10,960

Camcorders: 8,850

DVDs: 11,040

Explanation:

Camaras:

cost: 10,960

net realizable value: 12,060

Camcorders:

cost: 8,850

net realizable value: 9,170

DVDs:

cost: 12,100

net realizable value: 11,040

Company's total inventory

10,960 + 8,850 + 11,040 = 30,850

We must pick between the historic cost or the net realizable value the lower. The reasoning behind this is the conservatism accounting principle to keep the assets valued at minimum.

3 0

3 years ago

The number of births in a population in a certain amount of time is the

amid [387]

The number of births in a population in a certain amount of time is the birth rate

8 0

3 years ago

Read 2 more answers

Quickbrush Paint Company is developing a linear program to determine the optimal quantities of ingredient A and ingredient B to

Sonbull [250]

Answer:

A. 0.9x + 0.3y ≤ 10,000

Explanation:

Given

$x \to$ oil based plant

$y \to$ water based plant

The data can be represented in tabular form as:

$\begin{array}{ccc}{} & {A} & {B} & {x} & {90\%} & {10\%} & {y} & {30\%} & {70\%} & {} & {10000} & {5000}\ \end{array}$

Considering only A, we have the following constraints:

$A \to 90\% * x + 30\% * y$

$A \to 0.9x + 0.3y$

Since the company currently has 10000 of A.

The above constraint implies that, the mixture cannot exceed 10000.

So, we have:

$A \to 0.9x + 0.3y \le 10000$

Hence, (A) is correct

4 0

3 years ago

Ocean Vessels, Inc., and Pacific Harbor Company enter into a contract for a sale of a boat. Ocean is a merchant who deals in goo

UNO [17]

Answer:

d.regardless of what Ocean knew or could have discovered.

Explanation:

The uniform commercial code are a set of rules that govern transactions involving sale of goods. One of such rules is the implied warranty of merchantability.

When goods are sold there is an implied warranty that the item will perform up to a particular level.

For example if one buys a television not is expected that the television will work. If it does not come on, implied warranty has been breached.

So in this case regardless of what Ocean knew or could have discovered, selling defective goods is a breach of implied warranty of merchantability.

7 0

3 years ago