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Maru [420]
3 years ago
15

Toys "r" us had cost of goods sold of $9,421 million, ending inventory of $2,089 million, and average inventory of $1,965 millio

n. its days' sales in inventory equals:
Business
1 answer:
astraxan [27]3 years ago
8 0

We can calculate for the inventory turnover using the formula:

 <span>
Inventory Turnover= Cost of Goods Sold/ Average Inventory </span>

 

We are given that,

Cost of Goods Sold = $9,421 million

Average Inventory = $1,965 million

 

Using the formula:<span>

Inventory Turnover = 9,421/1,965</span>

<span>Inventory Turnover = 4.79</span>

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Under the ______ method, the underwriter sells as many shares as possible but may or may not sell all of the new shares. multipl
malfutka [58]

Under the Best efforts method, the underwriter sells as many shares as possible but may or may not sell all of the new shares.

The best efforts method is used in the oil and gas industry to account for certain operating expenses sells as many shares as possible. Under the successful efforts method, a company only capitalizes those costs associated with the location of new oil and gas reserves when those reserves have been found.

The term best efforts refers to an agreement made by a service provider to do whatever it takes to fulfill the requirements of a contract. In finance, an underwriter makes a best efforts or good faith promise to the issuer to sell as much of their securities offering as possible. While the two parties come to an agreement for the sale of some securities, the underwriter doesn't guarantee to sell them all.

  • Best efforts is a term for a commitment from an underwriter to make their best effort to sell as much as possible of a securities offering.
  • It is also a general service agreement term used in place of a firm deliverable commitment.
  • The opposite is a firm commitment or bought deal, in which the underwriter buys all shares or debt and has to sell it all to make money.

Learn more about Best efforts method here

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7 0
2 years ago
you are forming a new company that delivers food to residents across college campuses. the primary focus is
Rus_ich [418]

Answer:

your primary focus should be on making sure that your system works

Explanation:

When doing this your primary focus should be on making sure that your system works. Meaning that you need to make sure that you have all of the necessary equipment to get the deliveries out on time and everything worked out so that you can assure customer satisfaction. Otherwise, customers will begin to review your company badly and as dysfunctional, which will destroy your business before it can even get started.

3 0
3 years ago
There is no correlation between the industrial revolution and social economic changes.
Crazy boy [7]

Answer:

False

Explanation:

The industrial revolution resulted in higher standards of livings, better jobs for the working class, and generally speaking a much more comfortable life for most of society's members.

Manufactured products started to lower their prices since total output increased, and common middle class working people were able to purchase them.

European nations became dominant, especially the United kingdom. For the first time in history, China was not the most powerful nation in the world.

The positive effects of the industrial revolution were felt by the middle class, factory owners, business people (bourgeoisie), landowners and governments.

Of course not everything was good, a lot of negative effects came along with the industrial revolution. When cities started to grow due to migration from the countryside to large cities, slums were created, child labor became common and the differences in educational level increased. Working conditions in the factories were not that good either, with long hours and conditions that would currently be considered inhumane.

4 0
4 years ago
Sylvia was about to leave the company because the job was too easy and not challenging her skills. Her manager approached her wi
Evgen [1.6K]

Answer:

the answer is E) job enrichment

5 0
3 years ago
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nikdorinn [45]

Answer:

e

Explanation:

it most likely make sense its e because c is forensics and an incident report is usually when an incident/scene happens and everything seems like positive situation besides e

8 0
3 years ago
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