2 years ago

Caruso, inc. has an inventory turnover rate of 8 times. if its cost of goods sold is $150,000, then

1 answer:

5 0

Inventory turnover rate = 8 times
Cost of goods sold = $150,000
Then the average inventory of company is $18,750.
This is how we calculate this;
Cost of goods sold / inventory turnover rate =
$150,000 / 8 = $18,750.

You might be interested in

When automakers offer special price reductions on all their automobiles during holiday shopping seasons, they are using the ____

ICE Princess25 [194]

Discount pricing strategy

7 0

1 year ago

a pea plant that has round seeds has the genotype Rr. it is crossed with a pea plant that has wrinkled seeds and the genotype rr

baherus [9]

50%
It will create the offspring Rr, Rr, rr, and rr

6 0

2 years ago

Think of a specific insight or idea from a field other than business and discuss how this idea or insight could help you as an e

Viefleur [7K]

Explanation:

https://www.entrepreneur.com › ...

Web results

How to Research Your Business Idea - Entrepreneur.com

8 0

2 years ago

Suppose the U.S. and Japan both produce airplanes and televisions and the U.S. has a comparative advantage in the production of

EastWind [94]

Answer:

d. both countries, as whole, will be better off.

Explanation:

When countries leverage on their comparative advantages, they will be better off. In this instance as US has comparative advantage in producing airplanes, it will be more cost effective for them to produce and export to Japan.

So also Japan will find it cheaper to produce televisions and export to the US. Both contries reduce cost by producing goods they have comparative advantage in.

6 0

2 years ago

North Division has the following information:

VLD [36.1K]

Answer:

due to elimination

income will decrease by $526000

Explanation:

Given data

Sales = $1180000

Variable expenses = $654000

Fixed expenses = $620000

to find out

incremental effect on net income

solution

we know here total sale is $1180000 and Variable expenses is $654000

so contribution if the division is dropped is sales - Variable expenses

put these value

contribution = 1180000 - 654000

contribution = 526000

so we say that due to elimination

income will decrease by $526000

5 0

3 years ago