Answer:
Please refer to the attached
Explanation:
Please refer to the attached.
Note that in trial balance Debit side must always be equal to debit side
Answer:
c) 8.44x
Explanation:
Total current assets = cash + account receivable + inventory
⇔ $79,000 = $35,550 + $19,750 + Inventory
⇒ Inventory = $79,000 - $35,550 - $19,750 = $23,700
The inventory circles based on annual sales = Sales/ inventory = $200,000/ $23,700 = 8.44
Julie is focused on the control managerial function when she measures performance and corrects as necessary. There are five types of management functions and they are planning, organizing, directing, coordinating and control. In the control stage it allows managers to determine how much or how little control over the organization and their employees they wish to have.
