Answer: the correct answer is d. Both of theses choices are correct.
Explanation:
Determining gross profit using the weighted average cost flow method assumes that the cost of the units sold is a weighted average of the purchase cost of all units and is costed the same as the ending inventory, that is using a weighted average of the purchase cost of all units.
<u>Calculation of Days Payable Outstanding:</u>
Days Payable Outstanding can be calculated using the following formula:
Days Payable Outstanding = (Accounts
Payable *365) / Cost of Goods Sold
= (8,773*365)/45,821
= 69.88
Hence, Days Payable Outstanding is 69.88 days. We can say that it takes on average<u> 69.88 </u>days to the company to pay off its suppliers during the year.
Answer:
Explanation:
A. Accounts Receivable - Number of sales invoices
B. Central Purchasing - Number of purchase requisitions
C. Computer Support - Number of computers
D. Conferences - Number of conference attendees
E. Employee Travel - Number of travel claims
F. Payroll Accounting - Number of payroll checks
G. Telecommunications - Number of cell phone minutes used
H. Training - Number of employees trained.
Answer:
The answer is D
Explanation:
Option D is correct. Porter's five forces analysis is used to determine the intensity of competition in an industry.
This intensity determines how profitable firms in the industry will be.
The five forces are:
1. Bargaining power of consumers
2. Bargaining power of producers.
3. Threat of new entrants - this is the new competition coming into the industry
4. Threat of substitute goods.
5. Competitive rivalry.
A wireless connection - A spillage is an incident related to security that results in the transfer of classified information to an unauthorized person or system. A wireless connection to the US government equipment has the highest potential for spillage, because it is not a secure technology inherently.