Answer:
Inventories refer to goods that have been produced but not yet sold.
Explanation:
Inventories or Stock refer to goods that have been produced but not yet sold. It also means goods that have been purchased by the company with the intention of selling them for profit. Once goods are sold, they are erased from the inventory records and transferred to the sales accounts, and only 'goods available for sale' will primarily classify as inventory.
Furthermore, there is also 'raw material inventory' which is the goods that have been bought to be used in production.
Referring to the art of war.
In this situation, they would treat your kindness like some sort of advantage for them.
In this particular case, it is best to play along and let them think that they could take advantage of you.
At the right moment, you should unleash your inner aggressiveness and fulfill all of your goals/objectives while they're letting their guards down.
Answer and Explanation:
The computation of the return on investment is shown below;
We know that
Return on Investment is
= (Net Income ÷ Average Operating Assets] × 100
For Electronics
= [$29,16,000 ÷ 162,00,000] × 100
= 18%
And,
For Sporting goods
= [$20,74,000 ÷ 122,00,000] × 100
= 17%
So here the electronics department should be selected as it has high return on investment
Answer:
30%
Explanation:
We have to have three defined concepts:
Sales revenues (SR): This is the income generated by selling a product/service.
Production costs (PC): The costs of producing say product/service that we are offering to the market.
Operating profits (OP): This are the profits generated by the operationg of our business.
With those concepts in mind we need to find the Operating profits for each year so we can found the percent changes in the operating profits.
OP = SR - PC
2016 - OP (2016) = 800,000 - 600,000 = 200,000
2017 - OP (2017) = 900,000 - 640,000 = 260,000
Now we calculate the expectend increase using the percent change (%C) formula:
%C =
Replacing:
%C =
Our initial value is the OP of 2016 and our final value is the OP of 2017, so the OP for 2017 are expected to increase by a 30%.
It’s true because I know a lot of this theme and I said it’s true