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Andreas93 [3]
2 years ago
10

One advantage of nonfinancial measures is that managers directly involved in operations are likely to understand them.-true or f

alse
Business
1 answer:
hram777 [196]2 years ago
8 0

Answer: True. One advantage of non-financial measures is that managers that are directly involved in operations are likely to understand them.

Explanation: When a manager (or anyone, really) is involved in the operations, it is easier for them to understand how everything is being ran and the operations that are necessary to run a smooth operation. If a manager does not know how the process works, it will be hard to explain or expect employees under them to understand it, too.

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Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows:
laiz [17]

Answer:

Results are below.

Explanation:

Giving the following information:

Sales in Units

April 54,000

May 75,000

June 94,000

July 82,000

Desired ending inventory= 20% of the following month’s sales.

The inventory at the end of March was 10,800 units.

<u>To calculate the production for each month, we need to use the following formula:</u>

Production= sales + desired ending inventory - beginning inventory

<u>April:</u>

Sales= 54,000

Ending inventory= 75,000*0.2= 15,000

Beginning inventory= (10,800)

Total= 58,200 units

<u>May:</u>

Sales= 75,000

Ending inventory= 94,000*0.2= 18,800

Beginning inventory= (15,000)

Total= 78,800 units

<u>June:</u>

Sales= 94,000

Ending inventory= 82,000*0.2= 16,400

Beginning inventory= (18,800)

Total= 91,600 units

Total for the quarter= 228,600 units

4 0
3 years ago
Padco averages $15 million worth of inventory in all of its worldwide locations. they operate 51 weeks a year and each week aver
Zepler [3.9K]

Padco averages $15 million worth of inventory in all of its worldwide locations. they operate 51 weeks a year and each week averages $3 million in sales (at cost). their inventory turnover is 10.2 turns.

Inventory turnover is a financial ratio that demonstrates how frequently a company sells and replaces inventory over a specific time frame. The days it takes to sell the company's inventory on hand can then be determined by multiplying the number of days in the period by the inventory turnover formula.

Businesses can improve their decisions about pricing, production, marketing, and the acquisition of new inventory by calculating inventory turnover.

Inventory turnover quantifies how frequently a business can replenish the stocks it has sold during a specific time period. A slower ratio suggests either strong sales or insufficient inventory, while a quicker ratio suggests either weak sales or high sales.

The industries with the largest inventory turnover rates tend to be those with low margins and high volumes, like supermarkets and merchants.

Learn more about inventory turnover here:

brainly.com/question/1492106

#SPJ4

7 0
1 year ago
Which of the following circumstances usually comes before a period of economic contraction?
erik [133]
C
A low GDP for two or more consecutive quarters is usually followed by economic contraction. 
8 0
3 years ago
Accounts receivable arising from sales to customers amounted to $100,000 and $70,000 at the beginning and end of the year, respe
mote1985 [20]

Answer:

The cash collected from customers = $230,000

Explanation:

The cash collected from customers to be reported on a direct method statement of cash flows is = Net sales + decrease in accounts receivable.

or, Net sales - Increase in accounts receivable

Given,

Net sales = $200,000

Beginning accounts receivable = $100,000

Ending accounts receivable = $70,000

Decrease in accounts receivable = $100,000 - $70,000 = $30,000

Putting the values into the formula, we can get

Net sales + decrease in accounts receivable

$200,000 + $30,000 = $230,000

The cash collected from customers = $230,000

5 0
3 years ago
One argument for the growing income gap between the unskilled and skilled workers in America is that unskilled workers are _____
Lapatulllka [165]

Answer:

The correct answer is b. substitutes, complements.

Explanation:

One argument for the growing income gap between the unskilled and skilled workers in America is that unskilled workers are <u>substitute</u>s with technology and skilled are <u>complements</u> with technology.

3 0
3 years ago
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