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3 years ago

20. What is the formula to calculate the inventory turns rate in retail dollars and at cost

Business

1 answer:

Nadya [2.5K]3 years ago

8 0

$\bold{\text {Inventory Turnover }=\frac{\text {cost of Merchandise Sold}}{\text {Average Stock for Period}}}$

Explanation:

The sooner a stock turnover happens, the more profitable a business operates while enjoying a greater return on its capital and other resources. The stock turnover rate, otherwise known as inventory changes, provides insight into the productivity of a business, both actual and comparative, while turning its money into revenues and profits.

For Example:

When two organizations do have Twenty million in stock, the one which sells everything in 30 days has good cash balance and lower incidence than the one which requires 60 days to do.

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table 1 shows the demand schedule for electricity from a coal burning utility table 2 shows teh utiliyy cost of producing electr

Snezhnost [94]

The quantity of electricity generated is 300 kilowatts a day and the price of electricity is 12 cents a kilowatt.

The pollution tax is 6 cents a kilowatt.

The tax revenue is $ 18 a day.

Coal-fired power plants generate electricity by burning coal in a boiler to produce steam. The generated steam flows into the turbine under enormous pressure, driving the generator to generate electricity. The steam is then cooled, condensed and returned to the water, then returned to the boiler, and the process restarted from the beginning.

In the United States, coal is mainly used as a fuel for power generation. Coal-fired power plants burn solid coal, solid coal, and lignite. The heat from burning coal is used to turn water into high-pressure steam, which turns a turbine to generate electricity.

Learn more about pollution tax here: brainly.com/question/24704410

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2 years ago

At NikeID, you can design your own athletic shoes by selecting the material, choosing the color and even adding other personal t

kondaur [170]

Answer: flexible manufacturing

Explanation: Flexible manufacturing is the type of manufacturing system employed at NikelD, wherein customers through customization can design their own athletic shoes. As such, there is usually equipment and computerized systems configured to manufacture a variety of parts and handling changing levels of production. Doing this serves to improve efficiency while lowering the company's production costs significantly and is a characteristic feature of make-to-order strategies requiring a high degree of customization by customers. This system of manufacturing also creates a method of production designed to adapt to changes in the type and quantity of the product being manufactured very easily.

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3 years ago

Flexible budgets and variance analysis are very useful tools for managers, but are sometimes difficult to understand. Find an on

Anettt [7]

Answer:

Flexible budgets: These type of budgets are assessments, which may vary with the capacity or production for a given period.

Say for model there might be two type of budgets which bend with two or three situations of fabrication volume or production. The situations might be:

1. Budget when fabrication is at highest volume, the revenue and expenditures at the utmost output.

2. Budget when there is prime capacity, the revenue and expenditures valued at the optimal application of resources to produce optimal productivity or satisfactory output.

3. Budget when there is low capacity or demand is nearly nil, the revenues and expenditures that will be valued.

This flexible budget guides administration to appropriately plan their resources and flex with the capacity whenever it’s required subject the change in situations.

Variance Analysis: The investigation of deviance of several cost restriction with the usual set in at the start of the year results in Variance Analysis. There are several types of modifications which needs analysis and these will be diverse with the business type. The below are few common instances of modifications.

Sales capacity variances, sales combination variances, Material value variances, labor proportion variances, machine dependent price variances, overheads expenditure variances, Material procedure, Material Amount, Material replacement, labor and engine time variances etc.

These will help the administration to comprehend practically how precise the values set in for a given period of time.

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2 years ago

The government has the ability to influence the level of output in the short run using monetary and fiscal policy. There is some

Gwar [14]

Answer:

Option B

Explanation:

In simple words, A policy of stabilisation refers to the package or group of indicators that have been presented to normalize a financial sector or economic system. The term may relates to initiatives in two separate situations: convergence of the economic cycle or stabilisation of its credit crunch. It is one type of unilateral strategy in any situation.

Thus, from the above we can conclude that the correct option is B .

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3 years ago

Suppose at the going wage rate of $20 per hour, firms can hire as many hours of janitorial services as they desire. If any firm

Reika [66]

Answer:

d. Supply is perfectly elastic.

Explanation:

Perfectly elastic supply is when a change in price causes supply to fall to zero.

The supply curve is usually an horizontal line.

I hope my answer helps you

3 0

3 years ago