Answer:
5.25
Explanation:
Inventory turnover = Cost of goods sold / Average inventory
Cost of goods sold = $1,050,000
Average inventory = (Beginning Inventory + Ending Inventory) /2
Average inventory = ($160,000 + $240,000) / 2 = $200,000
Next, use the average inventory value in the turnover formula above;
Inventory turnover = 1,050,000 / 200,000
= 5.25
Therefore, Everett's inventory turnover in 2020 is 5.25 times.
Answer:
To know what things they should buy and how much they should pay
Explanation:
Answer:
The new portfolio beta is 1.31 rounded off to two decimal places.
Explanation:
The portfolio beta is a function of the sum of the weighted average betas of the individual stock's that form up the portfolio. The portfolio beta is calculated using the following formula,
Portfolio beta = wA * Beta of A + wB * Beta of B + ... + wN * Beta of N
Where,
- w is the weightage of each stock in the portfolio
The beta of the portfolio when one stock with a beta of 1 is sold is,
The sum of individual stock betas for 19 stocks is = 20 * 1.31 - 1 * 1 = 25.2
The new portfolio beta when one stock with a beta of 0.97 is added is,
Portfolio beta = (25.2 + 0.97) / 20
Portfolio beta = 1.3085 rounded off to 1.31
Answer:
Daniel’s team had to decide the vendor on the following attributes that should be analyzed:
- Innovation :- Credit Issue Group is a money related assistance organization and henceforth the seller needs to have a decent mechanical base to furnish with organization with required administrations on schedule and best in quality.
- Exclusivity: Considering the significance of the administrations, organization may take a gander at the restrictiveness of the administrations that merchant can offer to Credit Issue.
-
Complimentary Services offering:- To look if seller has some other contributions to make to the customer that might be complimentary with the fundamental administrations advertised. This can save money on schedule and authoritative work.
-
Support:- What support would vendor be able to offer to the organization alongside giving the essential administrations.
-
Contingency:- in case of seller's framework disappointment, what back up merchant needs to proceed with uninterrupted administrations.
Answer:
Free market
Explanation :
In a free market economy, the law of organic market, as opposed to a focal government, manages generation and work.
the free market is a monetary framework dependent on organic market with next to zero government control.
In view of its political and lawful principles, a nation's free market economy may extend between extremely huge or altogether bootleg market.
