The answer is True. Hope this helps.
Answer:
Pronghorn Inc.
Inventory Turnover = 7 times
Days in inventory = 52.14 days
Gross profit rate = 47.86%
Explanation:
a) Data and Calculations:
Beginning inventory $10,620
Ending inventory 13,430
Average inventory = $12,025 ($10,620 + $13,430)/2
Cost of goods sold 84,175
Sales 146,100
Gross profit = $69,925 ($146,100 - $84,175)
Inventory Turnover = Cost of Goods Sold/Average Inventory
= $84,175/$12,025
= 7 times
Days in inventory = 365/7 = 52.14 days
Gross profit rate = Gross profit/Sales * 100
= $69,925/$146,100 * 100
= 47.86%
The type of customers vital to a firm introducing a new innovation are the early adopters who are willing to pay higher prices and like to tinker with new products.
<h3>Who are early adopters</h3>
Early adopter are the people who first make use. of a new Innovation.
They are the risk takers and they use a new before any other person.
Therefore, The type of customers vital to a firm introducing a new innovation are the early adopters who are willing to pay higher prices and like to tinker with new products.
Learn more on early adopters here,
brainly.com/question/14291606
#SPJ1
Answer:
Five Step Procedure.
Explanation:
I would follow following steps to deliver the quality service:
- The first step would be to contact the athlete who had donated money and ask about the relevant information.
- Then I would ask about his major accomplishment associated with this charity.
- After all this, I would contact the charity to cross verify the information and will ask about how they will use the money and how much valuable it is for the lives of people it is going to affect.
- I would now meet the person who received the charity and would ask him / her about how valuable is it for them because their words describe how valuable it is for the people.
- This could be written down within 2 days by visiting the athlete, the charity and the people who received the donation. Then I will submit to the press release and media outlets.
Group of answer choices.
A. German tourists traveling abroad.
B. American tourists traveling in France.
C. Canadian firms selling in Germany.
D. Canadian investors with money investments in Germany.
Answer:
B. American tourists traveling in France.
Explanation:
A foreign exchange market can be defined as a type of market where the currency of a country is converted to that of another country.
For example, the conversion of the United States of America dollars into naira, rands, yen, pounds, euros, etc., at the foreign exchange market.
In this context, a stronger euro is less favorable for American tourists traveling in France because the currency of the Americans, which is the U.S dollars would exchange at a far lesser rate to the euros.
However, a stronger euro would be more favorable for German tourists that are traveling abroad, Canadian firms that trade or sells its products in Germany, and Canadian investors who are having money investments in Germany.
Note: Euro is the official currency (legal tender or money) of Germany.