An instance where sellers should work to keep relationships with consumers is when they feel that the product
Disequilibrium and a surplus because the quantity supplied will be greater than quantity demanded at a price of $4.00
False
It’s it’s too good to be true then theirs a catch which makes the deal worse
Answer:
Option C: 8.44 times
Explanation:
Quick ratio(also called as acid test ratio) is the indicator of a company's liquidity position at a very short period which only considers the most liquid assets and ignores Inventory & other assets which cannot be realised immediately.
As we know that Quick Ratio = [Current Assets - Inventory - Prepaid Assets] / Current Liabilities
2.00 = $79,000 - Inventory - 0] / $27,650
=> Inventory = $23,700
Inventory turnover ratio gives us the number of times the company sells and replaces its inventory during the period.
Annual Sales = $200,000
Inventory Turnover Ratio = Sales / Average Inventory
=> $200,000 / $23,700 => 8.44 times
Answer:
Indirect tax
Explanation:
Indirect tax are the types of tax that are collected by intermediaries or agents for the person that directly bears the burden on behalf of the government , and eventually remitted to the respective government account.
They are always charged and added to the price of a commodity under a relevant section on the invoice. In this category are sales tax excise tax, service tax and others