What does the owner of a miniature golf business provide her customers with?

3M Co. reports beginning raw materials inventory of $930 million and ending raw materials inventory of $880 million. 3M purchase

Naddik [55]

Answer:

raw material inventory turnover = 4.42

number of days sale in raw materials inventory = 21.97

Explanation:

given data

beginning inventory = $930 million

ending inventory = $880 million

purchased raw materials = $3,956 million

used raw materials = $4,006 million

solution

we get here first raw material inventory for turnover that is

raw material inventory turnover = $\frac{raw\ material\ used}{average\ raw\ material}$ ..............1

here average raw material inventory = $\frac{930+880}{2}$

average raw material inventory = $905 million

so from equation 1

raw material inventory turnover = $\frac{4006}{905}$

raw material inventory turnover = 4.42

and

now number of days' sales in raw materials inventory will be as

number of days sale in raw materials inventory = $\frac{ending\ raw\ material\ inventory}{raw\ material\ used}$ × 365 .............2

put here value

number of days sale in raw materials inventory = $\frac{880}{4006}$ × 365

number of days sale in raw materials inventory = 21.97

8 0

3 years ago

Monetary payments a firm makes to pay for resources are called

timurjin [86]

Answer: Explicit Costs
I hope it helps

5 0

2 years ago

The constant dividend growth model: a. is more complex than the differential growth model. b. requires the growth period be limi

Finger [1]

Answer:

The correct answer is letter "D": can be used to compute a stock price at any point in time.

Explanation:

The Gordon Growth Model, also known as the Constant Dividend Growth Model, is used to measure the value of the stock at any point in time based on the projected future dividends of the stock. Investors and analysts are commonly used to compare the estimated value of the stock against the current market price. Analysts interpret the gap between the two prices as proof that the stock could be under or overvalued by the market.

8 0

2 years ago

Select the qualification that is best demonstrated in each example.

Olin [163]

Answer:

Ellen is a Stationary Engineer who figures out what is wrong with machinery for heating a building.

Explanation:

<em>The qualification that is best demonstrated out of all the options would be that Ellen is a Stationary Engineer who figures out what is wrong with machinery for heating a building. </em>

Charlene's ability to stay on task has no direct correlation with being a highway worker.

Floyd's ability to lift heavy objects also has no direct correlation with being a repair worker.

Pedro's ability to explain a problem to a customer has no direct bearing on being a mechanical door repairer.

<u>The only option with direct correlation is a stationary engineer's ability to figure out what is wrong with machinery for heating a building.</u> A stationary engineer is also known as operating or power engineer.

5 0

2 years ago

Read 2 more answers

An economy that has government collecting taxes and making regulations is called a

Zina [86]

Answer:

If I recall it may be called Revenue.

Explanation:

If this is not the answer you were looking for, please don't hesitate to comment below so I can get back to you as soon as I can. Have a nice Day/Night! :)

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3 0

2 years ago