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Harman [31]
3 years ago
5

Early in 2017, Rivers Company switched to a JIT (just-in-time) inventory system. Financial information for the two most recent y

ears are listed here: How much did inventory turnover increase as a result of the switch to the JIT system
Business
1 answer:
Rashid [163]3 years ago
5 0

Answer:

The correct answer is :  3.8 times

Explanation:

This inventory system is easy to calculate when you divide the cost of goods that were sold by average inventory.  The turnover was 5.1 times in 2016 and in the following year, it was 8.9. This showed an increasing tendency of 3.8 times more.  This approach has the purpose of sourcing, storing, and selling inventory—both raw materials and finished goods.

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Tell me about a time when you decided to sacrifice short-term gain for long term-success for your company?
wel

<u>Answer:</u>

<u>a good example of this is when we declined an equity investment offer. </u>

<u>Explanation:</u>

In the short-term one may see an investment offer as a never to be missed opportunity. However, certain investments lead to loss of control, this was true in our own case. Thankfully, we avoided the short-term gain in other to realize a long-term gain.

8 0
3 years ago
Paraguay’s economy is afflicted by poverty and an absence of opportunities and advantages. However, a positive aspect of this si
Art [367]

Paraguay's economy is afflicted by poverty and an absence of opportunities and advantages. However, a positive aspect of this situation is none.

The economy of Paraguay is a market financial system that is distinctly depending on agriculture products. In latest years, Paraguay's economic system has grown because of improved agricultural exports, especially soybeans. Paraguay has the monetary benefits of a young population and great hydroelectric energy.

Paraguay has been one of the poorest and most unequal nations at the continent for a long term. the total poverty rate — defined by using the world financial institution as those with an income of much less than $3.10 a day — in Paraguay rose in 2016 from 26.6 percent to 28.8 percent.

Learn more about economy here: brainly.com/question/2824360

#SPJ4

7 0
2 years ago
You've just created and e-mailed the financial statements to your boss? What is the next step you should do in accounting cycle?
KonstantinChe [14]
<span>You've just created and e-mailed the financial statements to your boss. What is the next step you should do in accounting cycle? Close out the revenue and expense accounts. After the financial statements are prepared all nominal accounts which include the revenue and expenses, should be closed out to zero. This allows for the accounts to be at an even start for the next accounting cycle. 

</span>
5 0
3 years ago
ints) During 2018, Falwell Inc. had 500,000 shares of common stock and 50,000 shares of 6% cumulative preferred stock outstandin
Butoxors [25]

Answer: $4.34

Explanation:

The net income for diluted earnings per share will be calculated as:

Net income: $2,500,000

Less: preferred dividend: $300,000

= $2,200,000

To calculate the number of shares goes thus:

Total shares of stock options = 10,000 × 20 = 200,000 shares

Proceeds = 200,000 × $29

= $580,000

Shares of treasury stock will be:

= $580,000/$30

= 193,333 shares

Net shares added will be:

= 200000 - 193333

= 6667

Tge total shares for the diluted earnings per share will now be:

= 500,000 + 6667

= 506,667

The diluted earnings per share:

= $2,200,000/506667

= $4.34

8 0
4 years ago
What are the powers and responsibilities of the top management of a corporation?. A) They manage the day-to-day operations of th
tankabanditka [31]
The power and responsibilities of the top management of a corporation is : A. they manage the day to day operations of the corporation

For example, if you're a Relationship manager, you are obliged to handled all the things related in maintaining good relationship with the customers

hope this helps
8 0
3 years ago
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