Answer:
7.5 times
Explanation:
Inventory turnover =
We have been provided that,
Cost of goods sold = $15,000,000
Average inventory for the year = $2,000,000
Therefore, Inventory Turnover ratio =
= 7.5 times
It means on an average how many times the inventory is sold, and replaced during the period.
Answer:
Chobani would be successful and have economies of scale
Explanation:
After working for a few years on its Greek yogurt product, Chobani decided it eventually wanted to mass-market through grocery stores. After distributing through smaller stores, their word-of-mouth promotions and online presence began driving customer demand. Hamdi Ulukaya made a pricing decision early on to offer the yogurt for around $1. Hamdi Ulukaya made that decision purely to achieve economies of scale. He wanted take advantage related with the cost of the product. By increasing the sales, scale of operation therefore, can be increased and enhanced which in turn definitely will decrease the per unit cost of the yogurt. In this way, he wanted to go for market control as well. He wanted to be the market leader therefore, it could have been very hard for the competitors to chase his sales down eventually. He applied this phenomenon to the whole company from its pant to production and then to overall company as well. Economies of scale mostly are very much effective particularly for the convenience consumer goods.
Answer:
Impact on the flow of financial capital:
Financial capital flow / Value of the U.S. dollar / Price of the U.S. dollar:
No Change / Appreciate / Increase
Financial capital flow will not change. Financial capital flow does not refer to the flows for purchase of goods and services, but only for investments.
The value of U.S. dollar will appreciate relative to the increased demand.
The price of the U.S. dollar will increase, given the law of supply and demand.
Explanation:
a) Financial Capital Flow refers to the movement of investment capital, in and out of countries. When money for investment goes from one country to another, it is a capital flow, in-flow for the country receiving and out-flow for the country investing. The term does not include money people and businesses use to purchase each others' goods and services. There is why, in this scenario, there is no recorded change in financial capital flow in the U.S.
b) The value of the U.S. dollar is the total amount of U.S. dollar which a foreign currency can purchase at a particular exchange rate. It is based on the exchange rate, otherwise called the price of the U.S. dollar to another currency.
c) Price of the U.S. dollar is the exchange rate. It shows the value of one U.S. dollar vis-a-vis a foreign currency.
Answer:
it is good that all business majors study this regardless, as strategic management takes place at several/multiple levels in any organization they may find themselves
Explanation:
Even though most students may never become CEOs or branch manager or department heads of departments, it is good they study strategic management as strategic management provides directions through the development of plans on how to achieve an organizations set goals.
Several other levels in an organization may require the knowledge of strategic management. These employees in these other job roles could be asked to complete strategic plans for their various departments. Also at all levels, employees are asked to make contributions towards their organizations strategic plan. This makes it important for all business majors to study.
Companies use LCA to demonstrate transparency and corporate credibility to stakeholders and customers. LCA is also used in new product research and development, when environmental footprint is important to the future marketing or cost structure of a product.