Answer:
2.08 times
Explanation:
The computation of the inventory turnover ratio is shown below:
Inventory turnover ratio would be
= Cost of goods sold ÷ average inventory
where,
Cost of goods sold = Sales × cost of goods sold percentage
= $792,590 × 77%
= $610,294.30
As we know that
Cost of goods sold = Sales - gross profit
= 100 - 0.23
= 0.77
We assume the sales to be 100
So, the ratio would be
= $610,294.30 ÷ $293,110
= 2.08 times
Answer:
B, D and E
Explanation:
The sales department is a common component that is all organizations. It is comprised of sales representatives with different skills and abilities. The best persons will share similar characteristics. These are the traits that make them effective and puts them at the top. They include
- Communication skills. A goods salesperson is able to initiate and sustain a conversation with a customer. Clients tend to resist sale representative whose interest is to close a sale as quickly as possible. He or she must provide excellent proposals and quotes to keep the client interested.
- Maintain relationship with clients. A good salesperson maintains a relationship with customers. He or she is not interested in the current deal only, but future prospects too.
- Competitiveness. To achieve sales targets, a good salesperson must demonstrate and maintain assertiveness and aggregation in the marketplace.
What do you mean bro? I don't understand...like what kind of answer, your question is kind of interesting though.
Answer: They invest in themselves. ...
They are constantly learning. ...
They're not afraid of risks.
Explanation: