The correct answer is c. prepare a "blueprint" for the development of your business
The business plan is best for you as the company owner, not for the state or anyone else. All major companies write business plans for up to 20 years in advance because they have to plan everything.
Answer:
Annual average inventory in days (no of times) = 1.5 times
Explanation:
<em>Annual inventory turn over is the average length of time it takes for inventor to be sold and replaced.</em>
<em>Average inventory turnover = average inventory/ cost of sold × 365</em>
<em>Average inventory turnover (in No of times) = C</em>ost of sold sold /average inventory
Cost of goods sold
= (1000/2000) × 60 million
= $30 million
Closing Inventory = $20 million
Annual average inventory
= $20/ 30 × 365 days
= 243.days
Annual average inventory
= cost of sold sold /average inventory
=30/20
= 1.5 times
Annual average inventory in days = 243.days
Annual average inventory in days (no of times) = 1.5 times
Which of these economic goals is most important in a traditional economy?
A. Growth
Answer:
1.17%
Explanation:
Expected return is 15.1 %
Risk free rate is 5.95 %
Market risk premium is 7.8%
Therefore the beta can be calculated as follows
Expected return= risk free rate + (beta×market risk premium)
15.1%= 5.95% + (beta × 7.8%)
15.1%-5.95%= 7.8% beta
9.15%= 7.8% beta
beta= 9.15%/7.8%
beta= 1.17%
In the question above, Walt asks for 10 gallons of gas while Jessie asks for $10 worth of gas. In both the cases, the drivers need gas but Walt is concerned about the quantity of gas and Jessie is concerned about the price of the gas.
In case of Walt, the price elasticity of demand is zero because he want 10 gallons of gas regardless of the price of gas per gallon. While in case of Jessie, the price elasticity of demand is one because he wants to buy gas worth $10, no matter what is the price of the gas per gallon.
