Answer:
Inventory turnover= 3.25
Explanation:
Giving the following information:
Cost of merchandise sold $552,500
Inventories:
Beginning of year 200,000
End of year 140,000
<u>To calculate the inventory turnover, we need to use the following formula:</u>
Inventory turnover= Cost of goods sold/ average inventory
Average inventory= (beginning inventory + ending inventory) / 2
Average inventory= (200,000 + 140,000)/2= 170,000
Inventory turnover= 552,500/170,000
Inventory turnover= 3.25
Answer: A customer loyalty program
Explanation:
A customer loyalty program is one of the type of marketing based program that is specifically designed to strengthen the relations between the organization and the consumers.
The main purpose of a loyalty program is that it helps in encourage and also motivating the various types of consumers for using the products and the services which is specifically related to the given program.
According to the given question, a customer loyalty program is best illustrating the given situation and the Daily needs reward zone is basically using this type of program.
Therefore, Customer loyalty program is the correct answer.
Answer:
Yes Gordon can sue Floors n' Mores for the settlement of the contract keeping in mind that Gordon has made partial completion of the contract. Full payment would be determined based on the completion of the total work in line withe the plans submitted when the contract was signed
Explanation:
In order to understand the scenario in case if Gordon wants to sue Floors n Mores they can only be compensated for the amount of project completion in line to the expectations that matches to Floors n More.
For Example if 75% of the work is in line with the expectation of Floors N More then Gordon should be paid total amount payable multiply by 75%.
Usually in such cases if the contract is fulfilled to certain extent it is preferred to close the contract based on the %age of completion because major reconstruction, buying of fixtures and furniture was executed. Hence major risks and rewards were transferred to Floors n Mores.
Answer: I found Optimum Internet advertisement effective.
Explanation: I found optimum internet effective because not only does it cost less but it's a good deal.
I really don't know if this is will help but that's what I find effective.