Answer:
2016 2015 2014 2013
gross profit% 26.29% 22.58% 22.45% 22.41%
Inventory turnover 6.58 7.64 7.6 7.94
cost of material % 59.89% 51.76% 89.82% 51.10
b. gross% has increased this may be due to a high demand, and intense marketing.
inventory turnover has decreased this may be due to new competition, or introduced product(new product)
cost of material purchased % it has increased in 2016, this may be due to increased production and effective use of material.
Explanation:
gross profit % =gross profit/ sales
gross profit = sales less cost of sales
inventory turnover = cost of sales / average inventory
average inventory = (opening inventory + closing inventory )/2
cost of material purchased/ cost of finished goods
finished goods = cost of sales + closing - opening goods
Answer:
D
Explanation:
Capital flight will reduce the quantity of money supply that can be loaned to investors.
you have 30 minutes to complete this assignment. SHOW YOUR WORK OR YOU GET NO CREDIT. I will not be here Monday. you quizizz code is on canvas.
Answer:
None of the following answer choices is correct.
Explanation:
In pursuing its own best interest Firm A will in no case concede that cigarette smoking causes lung cancer. Cigarette smoking is injurious to health and mostly firm print this warning on the cigarette labels but since it is an addiction people do not care to read this.
