Answer:
Orange juice, apple juice, cranberry juice, and lychee juice are all product items of Elsem Foods.
Explanation:
A product item is a specific type or variety of product that is different than other products that a company sells.
In this case orange, apple, cranberry and lychee juices are all product items which are part of the tropical fruit juices product line of Elsem Foods.
Elsem's product mix would include chips, cupcakes, candies, crackers, fruit juices, and carbonated drinks (all the product lines that Elsem sells).
currency? or money. It seems quite vague. Each country calls its currency in various ways.
Answer:
(A) Inventory turnover= 10.64 times
(B) Days sales in inventory= 34.30 says
(C) Shelf life= 34.30 days
Explanation:
A7X corporation has an ending inventory of $701,073
The cost of goods sold for the year is $7,461,613
(A) The inventory turn over can be calculated as follows
= cost of goods sold/ending inventory
= 7,461,613/701,073
= 10.64 times
(B) The day sales in inventory can be calculated as follows
= 365/inventory turnover
= 365/10.64
= 34.30 days
(C) A unit of inventory sit on the shelf for 34.30 days before it is sold
Answer:
$918.89
Explanation:
For computing the current price of the bond we need to apply the present value formula i.e to be shown in the attachment
Given that,
Future value = $1,000
Rate of interest = 8% ÷ 2 = 4%
NPER = 5 years × 2 = 10 years
PMT = $1,000 × 6% ÷ 2 = $30
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after applying the above formula, the current price of the bond is $918.89
