Answer:
Inventory Turnover Ratio for 2008= 3.223 Times
Inventory Turnover Ratio for 2009= 3.91 times
Explanation:
Inventory Turnover Ratio= Cost of Goods Sold / Average Inventories
Inventory Turnover Ratio for 2008= $632,000/ $201,000
+ 191,100/2
Inventory Turnover Ratio for 2008= $632,000/196,050
Inventory Turnover Ratio for 2008= 3.223 times
Inventory Turnover Ratio for 2009= $ 731,000/191,100
+ 182,600/2
Inventory Turnover Ratio for 2009= $ 731,000/ 186,850
Inventory Turnover Ratio for 2009= 3.91 times
What is a Professional Development Plan?
A Professional Development Plan (PDP), also known as an Employee Development Plan or an Individual Development Plan, is used to document career goals and set out a strategy on how to meet them.
Creating a PDP takes time and planning. But, writing and implementing a PDP can help you to identify and develop the professional skills needed to reach your goals, and can keep you on the track to success. It’s an important process that helps you achieve your potential, reach your goals and take charge of your professional development.
Now is the time to start thinking about where you want your future to take you.
How to Write a Professional Development Plan
There are 9 steps to completing a PDP:
Assess where you are now.
Identify your specific career goals.
Gather information.
Identify what professional skills you already have and which you need to work on.
Choose how you will accomplish your goals.
Develop a timeline for accomplishing your specific targets and goals.
Write it all down.
Evaluate your plan.
Measure your progress.
Answer:
Earnings per share 2016 = $0.00073
Earnings per share 2017 = $0.00095
Explanation:
Earnings per share relates to a period and not for a particular date, therefore, it is computed based on the average number of shares for the period.
Net income for each year
2017 = $62,000
2016 = $50,700
Shares at the end of year
2017 = 64,507,000
2016 = 66,282,000
2015 = 73,139,000
Average shares of 2016 = 
Average shares of 2017 = 
= 65,394,500
Earning per share for 2016 = 
Earnings per share for 2017 = 
The activity of the firm contributes to market failure because it leads to negative externlity.
<h3>
What is negative externlity?</h3>
Negative externality occurs when the costs of economic activities is greater than the benefits to third parties not involved in production is greater than the benefits. An example of an activity that generates negative externality is pollution.
To learn more about externalities, please check: brainly.com/question/26266710
Answer and Explanation:
The computation is shown below:
1. The selling price per unit is
Particulars Quantity Selling price Total per composite unit
per unit
Windows 7 $113 $791
Doors 3 $253 $759
Total $1,550
2. The variable cost per unit is
Particulars Quantity Variable cost Total per composite unit
per unit
Windows 7 $69 $483
Doors 3 $181.50 $544.50
Total $1,027.50
The contribution margin per unit is
= Selling price - variable cost
= $1,550 - $1,027.50
= $522.50
3. The break even point is
= Fixed cost ÷ contribution margin per unit
= $469,625 ÷ $522.50
= 898.80 units
4. The number of unit is
Particulars Quantity Variable cost Total per composite unit
per unit
Windows 7 $898.80 $6,291.60
Doors 3 $898.80 $2,694.40
Total $8,988
