Answer:
Explanation:
Both cash payments and cash receipts.
Answer: The correct answer is "C. Includes project documents".
Explanation: A project plan is a document that is normally used by managers to guide the execution and control of the project. In addition, it contains documents, assumptions of decision-making and all other information that helps expedite communication between the parties that make up the project and defines the scope, costs and objectives of the project.
Answer:
The raw material inventory turnover is 9.2 times or 40 days
Explanation:
This problem requires us to compute raw material inventory turnover. The inventory turnover ratio is calculated by dividing the inventory used for a period by the average inventory for that period. Average inventory is used instead of ending inventory because many companies' merchandise fluctuates greatly throughout the year.
So RM inventory turnover = RM used/Average inventory
= 104,600/11,350*
= 9.2 times or 40 days**
* Average inventory = (9,900+ 12,800)/2
** (365/9.2) = 40 days
What the case in the question describes in terms of what Britney’s pricing objective is called sales-orientation. Sales-orientation means that <u>the business approach is to make profit by focusing on persuading people to buy their products instead of understanding what the customer actually requires. </u>
The contrast to this approach is called <em>market orientation</em>, where the business seeks to understand what the customer wants and needs and believe that the answer to this would mean increased profits and revenue for the company.
Knowledge , pride and wisdom
