Answer:
11.40
32 days
Explanation:
Inventory turnover and days of sales of inventory are examples of activity ratios.
They are used to measure the efficiency of performing daily tasks
inventory turnover = Cost of goods sold/ average inventory
Average inventory = ($118,000 + $110,000) / 2 = $114,000
Inventory turnover = $1,300,000 / $114,000 = 11.40
days of sales of inventory = 365 / inventory turnover = 365 / 11.40 = 32 days
Answer:An incorporated business that puts all of its profits back into the business is a corporation. They are used by those common people and it can help the others who need the money. This will secure that the funds of these corporation will be shared also into its members incase of emergency.
A symmetric, bell-shaped frequency distribution that is completely defined by its mean and standard deviation is the<u> normal distribution.</u>
A symmetrical distribution about the mean, such as the normal or Gaussian distribution, indicates that data points closer to the mean occur more frequently than data points further from the mean.
The normal distribution is represented graphically by a bell curve. A bell curve of probabilities is more properly known as the normal distribution. The standard deviation is one and the mean is zero in a normal distribution. Its kurtosis is 3, and its skewness is 0. Not all symmetrical distributions are normal, but all normal distributions are symmetrical. The normal distribution can be thought of as a rough approximation of many naturally occurring events. However, most price distributions in finance are not normally distributed.
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