Answer:
Option (d) is correct.
Explanation:
Given that,
Average inventory in all of its worldwide locations = $15 million
Operate in a year = 51 weeks
Weekly cost of goods sold = $3 million
Annual cost of goods sold:
= Weekly cost of goods sold × Number of weeks in a year
= $3 million × 51 weeks
= $153 million
Inventory turnover:
= Cost of goods sold ÷ Average inventory
= $153 million ÷ $15 million
= 10.2 turns
Answer:
A
Explanation:
the art of presenting merchandise in a creative way that helps the store reach out to people
(if its not a, then its d)
Well according to my calculations and 20+ yrs of experience in business your answer should be 15,000
Answer:
The term demand loan refers to a loan for which the entire balance must be paid immediately at the lender's request.
Answer: D
Explanation:
A demand loan lets the lender shorten the notice period for recalling the loan, thereby using it as a borrowing instrument. Upon immediate notification, the borrower has to repay the entire loan amount along with any interest associated with it. By means of this arrangement, the borrower is enabled towards loan repayment at any time sans any early penalty of repayment. To illustrate, overdraft arrangement is variable from the normal lending approach, having maturity date already determined along with the payable schedule of payments.
