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xz_007 [3.2K]
3 years ago
5

Rachets R Us Corp. reported sales for 2013 of $200,000. Rachets R Us listed $25,000 of inventory on its balance sheet. Using a 3

65-day year, how many days did Rachets R Us's inventory stay on the premises? How many times per year did Rachets R Us's inventory turnover?
Business
1 answer:
Nuetrik [128]3 years ago
8 0

Answer:

Invneotry TO 8

days on invnetory 46

Explanation:

\frac{sales}{average\:inventory} = $TO \: inventory

200,000/25,000 = 8

The sales figure is done by selling inventory, to achieve the 200,000 sales with an inventory of 25,000 we should have sold our invnetory 8 times.

\frac{365}{Inventory \:TO} =$days on inventory

The year has 365 days If we sale our inventory 8 times per year.

This division will give us how many days to sold the entire inventory.

Because days can't be split in half, we round up.

365/8 = 45.625 = 46 days on inventory

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Answer:

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Answer:

D. Pure competition spreads resources between many different

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Explanation:

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In pure competition, resources are shared among the many competing firms in the industry, unlike in a monopoly that has only a single supplier. Resources include raw materials and profits.

8 0
3 years ago
Read 2 more answers
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Answer: A.exceed units sold

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3 years ago
A budget is best described as: ?a. a formal statement of a company's future plans usually expressed in monetary terms.?b. a mast
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It is a because if you think about it, you would budget for your future.


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