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cricket20 [7]
3 years ago
13

What is a standing order?

Business
1 answer:
Vsevolod [243]3 years ago
3 0
<span>An order or ruling governing the procedures of a society, council, or other deliberative body.</span>
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Truman Co. sells a large number of common household items, while Stapleton sells a small number of expensive items. The two comp
slava [35]

Answer:

Truman has a higher inventory turnover ratio and Stapleton has a higher gross profit ratio ( D )

Explanation:

Truman sell a large number of common household items ( assuming 100 unit )

while Stapleton sells a small number of expensive items ( assuming 20 units )

lets assume : Truman sells at $5 per unit and Stapleton sells at $50 per unit

with the above assumptions

Truman gross profit ratio = $5 * 100 units = $500

Stapleton gross profit ratio = $50 * 20 units = $1000

from the above assumptions you can deduce that the gross profit made by Stapleton is higher although he sells a smaller amount of goods while Truman has a higher Turnover because of its higher number of sold units

4 0
3 years ago
The _______________ on Lay's potato chips informs customers that the chips received the "Best Taste Award" among leading classic
MA_775_DIABLO [31]

Answer:

seal

Explanation:

Based on the information provided within the question it can be said that this information is found of the seal of the Lay's potato chips bag. This is is a type of award symbol that demonstrates excellence in a certain area for the product in question. Which in this scenario refers to the "Best Taste Award" that was given to the company by the American Culinary Institute.

4 0
3 years ago
What is the equation of inventory turnover?
Ilia_Sergeevich [38]
The equation<span> for </span>inventory turn over <span>equals the cost of goods sold or net sales divided by the average </span>inventory<span>.</span>
3 0
2 years ago
Suppose when you are offered $7.00 per hour to work in the campus library, you choose not to work, but when you are offered $10.
Leno4ka [110]
You develop your labor (human capital)

Due to scarcity, choices must be made. Every choice has a opportunity cost

Everyone's goal is to make choices that maximize their satisfaction. Everyone acts in their own "self-interest"

Everyone makes decisions by comparing the marginal costs and marginal benefits of every choice.

You found it to be scarce that you were offered $3.00 dollars more than the first offer.
3 0
3 years ago
PLEASE HELP
Lerok [7]

The answer is: A savings account keeps her savings separate from her spending money

This would help Jacinta in her money management. By restricting her spending to the amount only in the checking account, It would be easier for Jacinta to monitor how much money he could spend during the month without compromising the saving that she need to made for her retirement age.

5 0
2 years ago
Read 2 more answers
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