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4 years ago

Which of the following types of business usually has the fastest inventory

Business

2 answers:

seropon [69]4 years ago

6 0

Answer:

Grocery store

Explanation:

Grocery stores usually have the fastest inventory turnover.

In order to live, people need to go to the grocery store to buy food and water.

Food and water is a necessity for humans to survive.

A furniture store, hardware store, and store that sells consumer electronics are all items that a person might want.

vova2212 [387]4 years ago

5 0

Answer:

grocery store - last choice

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On July 31, 2022, Cullumber Company had a cash balance per books of $6,360.00. The statement from Dakota State Bank on that date

Bogdan [553]

Answer:

Please see explanation below

Explanation:

Cullumber Company

Bank reconciliation statement

Cash balance per bank statement $7,910.80

Add: Deposits in transit $1,316.30

$9,227.1

Less outstanding checks ($1,975.10)

Adjusted cash balance per bank $7,252

Cash balance per books $6,360

Add Electronics funds transfer received $1,635

Totalled $7,995

Less:

Bank service charge $17

NSF check $690

Error in recording check no. 2480

($384 - $348) $36

Total balance to be deducted ($743)

Adjusted cash balance per books $7,252

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3 years ago

Identify the obstacles that are most relevant for a person trying to become a Geographer. Check all that apply.

Elden [556K]

Answer:

the answer 1235 credits to the guy that commented

Explanation:

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3 years ago

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Determine the amount of money that must be invested now (time 0) at 10% nominal interest, compounded monthly, to provide an

Veseljchak [2.6K]

Answer:

the amount of money that must be invested now is $21068.87

Explanation:

Given that:

Nominal interest = 10%

Annuity = 7000

n = 8 years

The Effective interest rate is calculated by using the formula:

Effective interest rate = $( 1 + \dfrac{r}{100 \times n})^n-1$

Effective interest rate = $( 1 + \dfrac{10}{100 \times 8})^8-1$

Effective interest rate = 0.1045

Effective interest rate = 10.45 %

Thus ; the the amount of money that must be invested now is the present value with the annuity of $7, 000 per year for 12 years, starting eight years from now.

$PV = 7000(\dfrac{(1+ 0.1045)^{12}-1}{0.1045(1 + 0.1045)^{12}})( \dfrac{1}{(1+ 0.1045)^8})$

PV = 7000 × 6.666056912 × 0.4515171371

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3 years ago

Market failure occurs when a free market is unable to

Leokris [45]

Market failure occurs when a free market is unable to A) distribute resources efficiently.

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3 years ago

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There are three equally-sized distinct subpopulations in Utopolis: unemployed, workers, and retirees. There are four possible so

vladimir2022 [97]

Answer:

Utopolis

a. Social states chosen by the government of Utopolis are:

Social State Unemployed Workers Retirees

A 12 50 10

D 1 40 1

The reason for choosing these social states is that the social states of A and D reduce the headache felt by the government in managing unemployment and paying pensions to retirees, unlike the social states of B and C, which have equal numbers of the distinct subpopulations.

b. The enacted social state will be D. This is the social state preferred by the majority of citizens. There is a utopian economic condition achieved with social state D unlike with other social states.

Explanation:

a) Data and Calculations:

Utility levels in Utopolis:

Social State Unemployed Workers Retirees

A 12 50 10

B 20 20 20

C 15 15 15

D 1 40 1

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3 years ago