Answer:
d) $60,000 is released into working capital
Explanation:
Inventory turnover is the number of times that a firm buys and sells inventory. A high inventory means that the company sells its stock many times in a year.
the formula for inventory turnover ratio
=Cost of goods sold/ average inventory
If a firm has COGS of $800,000 and an inventory turnover of 5, then the average inventory will be
=$800,000 /5
=$160,000
If the firm improves its turnover to 8, then the average inventory will be
=$800,000/8
=$100,000
The firm average inventory will $100,000 as opposed to $160,000 previously.
$60,000 will be released to working capital.
Answer:
Even though the bureaucratic structure has received a lot of criticism, it has some advantages. Accountability, predictability, structure and job security are just a few to mention. Furthermore, a bureaucratic culture is based on impersonal relationships, discouraging favoritism
Answer:
0.5
Explanation:
A screenshot is attached to get the full solution
Since the coefficient is < 1, it is inelastic
I’m sure that it’s true you nerd
Answer:
There are 3 cases
The First case
In this case, the six pillars of the ethical reasoning and characters are caring, responsibility, trustworthiness, citizenship, respect and fairness. Caring pillar requires making decision while taking other people into consideration. It requires the decision made to be kind and compassionate. At the time of making ethical decision it should be kept in mind that less harm should be caused. Responsibility pillar helps an individual to analyze that all the actions have some or the other consequences.
Explanation:
See attached images for the other two cases
