Answer:
Inventory conversion period will be 15.20 days
Explanation:
Cost of goods per month = $2000000
So cost of good for an year = 12 × $2000000 = $24000000
Now it is given that inventory is 50 5 of monthly COGS
So average inventory = 50 % of $2000000 = $1000000
Total days in an year = 365 days
So COGS per day 
Now inventory conversion period 
Inventory conversion period will be 15.20 days
Answer:
- Minimum ⇒ 2.9 minutes
- Maximum ⇒ 17 minutes
Explanation:
Minimum cycle time ⇒ This is the time taken for the longest task to be completed. In this case that is 2.9 minutes.
Maximum cycle time ⇒ This is the time taken for all the tasks to be completed. In this case that is 17 minutes.
Answer and Explanation:
The journal entries are shown below:
a. On Jan 31
Warranty expense Dr ($173,000 × 6%) $10,380
To Product Warranty payable $10,380
(Being the warranty expense is recorded)
For recording this we debited the warranty expense as it increased the expenses and credited the product warranty payable as it also increased the liabilities
b. On Aug 15
Product Warranty payable $397
To Supplies $230
To wages payable $167
(Being the product warranty payable is recorded)
For recording this we debited the product warranty payable as it decreased the liabilities and the supplies and wages payable is credited as it decreased the assets and increased the liabilities
Based on the fact that the Euro will appreciate, the best thing for Johnson Co. to do is to e.purchase euros forward.
<h3>What should Johnson Co. do?</h3>
The fact that the Euro is going to appreciate in value means that Johnson Co. will have to pay more in future.
They should therefore lock in a favorable Euro rate now by purchasing Euros at a forward rate.
Find out more on purchasing forward at brainly.com/question/14090802.
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Answer:interoperability : This is the ability of computer system or software to exchange and make use of information. In other words, interoperability is the property that allows the unrestricted sharing of resources between different systems. It can also be defined as the exchange information resources between different computer through local area network (L. A. N) or wide area network (W. A. N)
There are two main types of interoperability
1.syntactic interoperability
2.Semantic interoperability
Examples
Health care:Hospital and laboratory are increasingly adopting new technologies and devices that are driven by sophisticated software which must integrate at the point of care and with electronic system such as electronic media records.
Explanation:
