Currently I am a family team member and over the summer I’m hoping to get a job at a local super market to start making money for myself
Answer:
Option (b) 6.0
Explanation:
Data provided in the question:
Purchases = $960,000
Cost of goods sold = $900,000
Ending inventory = $180,000
Now,
Beginning inventory = Cost of goods available for sale - Purchases
= ( $900,000 + $180,000 ) - $960,000
= $120,000
Thus,
Average inventory = ( $120,000 + $180,000 ) ÷ 2
= $150,000
therefore,
Inventory turnover = Cost of goods sold ÷ Average inventory
= $900,000 ÷ 150,000
= 6.0
Option (b) 6.0
Answer:
B: Keisha can specialize in washing cars, because she has the comparative advantage.
C: Specialization allows them to collectively mow 3 more lawns and wash 3 more cars every three days.
E: Specialization allows them to earn more money.
Explanation:
Edg
Answer:
Business Continuation Plan
Explanation:
Business Continuation plan is a form of agreement developed by partners of a business whereby in a case when one partner dies or is permanently disabled in such a way he/she becomes ineffective, the other partner would buy out the interest of the deceased or permanently disabled at s already predetermined price.
In general business Continuation plan guides against potential threats to a company. It ensures personnel and asset are protective and able function quickly in the case of disaster. In this situation, the potential threat against the company is the death of a partner and the method used in protecting the company is by fixing a price for a partner to by the other partner's interest should in case one dies.
