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3 years ago

20. What is the formula to calculate the inventory turns rate in retail dollars and at cost

Business

1 answer:

QveST [7]3 years ago

4 0

$\bold{\text {Inventory Turnover }=\frac{\text {Cost of Merchandise Sold}}{\text {Average Stock for Period}}}$

Explanation:

The sooner a stock turnover happens, the more profitable a business operates while enjoying a greater return on its capital and other resources. The stock turnover rate, otherwise known as inventory changes, provides insight into the productivity of a business, both actual and comparative, while turning its money into revenues and profits.

For Example:

When two organizations do have 20 million in stock, the one which sells everything in 30 days has good cash balance and lower incidence than the one which requires 60 days to do.

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From the following list of selected items taken from the records of Rosewood Appliance Service as of a specific date, identify t

elena55 [62]

Answer:

Explanation:

We summarize the assets and liabilities in the classified balance sheet into various types Like assets are divided into fixed assets, current assets, and intangible assets.

Liabilities are likewise divided into current liabilities, long-term liabilities The accounting equation is used in any balance sheet which means

Total assets = Total liabilities + shareholder equity

So, the accounts which are appeared on the balance sheet are shown below:

1. Accounts Payable = Current liabilities

2. Accounts Receivable = Current assets

3. Andrew King, Capital = Stockholder equity

4. Cash = Current assets

5. Land = Fixed assets

6. Supplies = Current assets

7. Wages Payable = Current liabilities

All other are related to the income statement. Therefore, ignored it

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2 years ago

During the process of labor, what needs to dilate to 10 centimeters (4.5 inches)?

Nina [5.8K]

Ans :Cervix Active labor will last about 3-5 hours Your cervix will dilate from 4cm to 7cm Contractions during this phase will last about 45-60 seconds with 3-5 minutes rest in between Contractions will feel stronger and longer This is usually the time to head to the hospital or birth center

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3 years ago

The pay rates in the organization may not match the pay structure in the market when a company sets its pay rates based strictly

Grace [21]

There are discrepancies between the pay rates of a company and the pay structure in the market when a company sets its pay rates strictly based on a pay policy line.

A pay rate can be defined as a measure of the amount of money that is being paid by a company to its employees (workers) per period of work or unit of production, which is usually on a hourly, weekly, or monthly basis.

In business management, discrepancies would generally exist between the pay rates of a company and the pay structure in the market when a company sets its pay rates strictly based on a pay policy line.

Read more on pay rate here: brainly.com/question/4443190

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1 year ago

In Step 1 of developing an EFE Matrix, how many opportunities and threats should be included in the full and narrow lists, res

Svetach [21]

Answer:

Option B. 100, 20

Explanation:

The full list should not be more than 100 because we would not like to have any opportunity/threat having less than 1% contribution so The sum of percentages should be 100.

At least 20 opportunities and threats should be there in the narrow list.

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3 years ago

The focus of strategic management is ______. A. the integration of all the functional areas of the business to achieve its orga

IceJOKER [234]

Answer:

A. the integration of all the functional areas of the business to achieve its organizational objectives

Explanation:

Strategic management is the process of setting goals for an organisation, analyzing its competitive environment and internal environment, and evaluating strategies that will ensure that the organisation achieve its goals. It covers all the functional areas such as the micro and macro environment of the business.

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2 years ago