Answer:
Inventory conversion period will be 15.20 days
Explanation:
Cost of goods per month = $2000000
So cost of good for an year = 12 × $2000000 = $24000000
Now it is given that inventory is 50 5 of monthly COGS
So average inventory = 50 % of $2000000 = $1000000
Total days in an year = 365 days
So COGS per day 
Now inventory conversion period 
Inventory conversion period will be 15.20 days
Managing your finances is a daily activity for financial wellbeing.
set up a bill payment system on your computer in your checking account.
develop a budget that allows you to pay yourself monthly.
Answer:
The gain of $8,000 is recognized and the bonds have a basis of $35,000
Explanation:
Please see attachment
Answer:
The amount of its liabilities is 280000
Explanation:
In a business balance we can see the following accounting equation
liabilities + owners' equity= assets
liabilities = assets -owners' equity
liabilities = $700,000-$420,000
liabilities = $280,000
Command – decisions are made with no involvement.
Consult – invite input from others.
Vote – discuss options and then call for a vote.
Consensus – talk until everyone agrees to one decision
