Answer:
b. 0.64
Explanation:
The computation of the inventory turnover for the year 2016 is shown below:
Inventory turnover = Cost of goods sold ÷ Average inventories
where,
Average inventories is
= ($11,970,656 + $10,632,462) ÷ 2
= $11,301,559
And the cost of goods sold is $7,204,884
So, the Inventory turnover is
= $7,204,884 ÷ $11,301,559
= 0.64 times
We simply applied the above formula
Cause a sales representative to waste time and alienate people.
Who or what determines the buying decisions in a democratic buying center?
The person in the buying center ultimately decides whether to buy anything, what to buy, how to buy it, or where to buy it.
What is the 5 buying process?
There are five fundamental steps in the decision-making process for consumers. Consumers use this technique to weigh their options before making a purchase. Problem identification, information search, alternative assessment, buy decision, and post-purchase evaluation are the five steps.
What are the three stages of buying process?
Every potential customer goes through a buying process before selecting a product or service. Every buyer generally goes through the three primary processes of awareness, contemplation, and decision before becoming a customer.
Learn more about Buying process: brainly.com/question/1838642
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Answer:
b. small nonprofit clinic for homeless people funded by a charitable organization
Explanation:
Public goods include un congested free ways. Small non profit clinic for homeless may become congested and when it is funded by charitable institutions it may be linked to some authorities. Public goods are for everyone
Answer:
Option D You should accept the second offer because it has the larger net present value.
Explanation:
The option 2 must be valued in today's value (Present Value), so for this reason we will have to discount the cash flow to bring it to Year zero (Now).
Present Value of $70,000 = $70,000 / (1.115)^2 = $56,305
Present Value of the offer = $56,305 + $35,000 = $91,305
As the offer is more in value today from the option one which stands at $89,500 so the better option is Option D $91,305.
There are two main different methods of pricing. One is cost based pricing and the other is the market based pricing. The cost based pricing involves adding a profit margin (Mark-up) to the costs. In the given the case, mark up is $0.50 per item and the cost is $1.25 per item. Hence the selling price of the sports drink would be $1.75 ($1.25+$0.5)