Answer:
(a) 8 times
(b) 45.6 days
Explanation:
Given that,
Cost of goods sold = $500,000
Average inventory = $62,500
Assume 365 days a year.
(a) Inventory turnover ratio:
= Cost of goods sold ÷ Average inventory
= $500,000 ÷ $62,500
= 8 times
(b) Number of days' sales in inventory days:
= 365 days ÷ Inventory turnover ratio
= 365 days ÷ 8
= 45.6 days
She decides to purchase the beats brand because she believes it’s a higher quality set. In this case, alicia has been influenced by the Informative effect of price.
<h3>
Information effect of price.</h3>
Consumers tend to use the information about the price of a product to ascertain its Quality. The is basically because the perception of quality is usually indicated by price.
Here, Alicia buying the beats brand even thogh it costs higher than the skullcandy model shows that she is using the information effect of price making her to perceive the beats brand as having higher quality.
Learn more on Information effect of price: brainly.com/question/7930369
Answer:
B) lose their investment but nothing else.
Explanation:
When a company becomes bankrupt and its assets were unable to settle it's obligations as is the case of Endrum Investments, the shareholders lose the value they had in their shares.
A C corporation is one in which the business is a seperate entity from the shareholders. The shareholders are not liable for any action taken against the company.
In this instance since the shares are the assets of the company, they will be liquidated to settle the damages awarded in court. Shareholders are not liable for the extra debt owed by the business.
