Answer:
The inventory TO is 3.6875
Explanation:
where:
Considering there is not sufficient information to calculate the begining inventory <u>we are going to work only with the ending inventory </u>so:
The inventory TO is 3.6875 This means the company sales their inventory almost 4 times per year.
It can affect the company's ability to get a lending (borrow money). It can also affect the chances of finding an investor.
Answer:
D. $952
Explanation:
The computation of the net income in the case when the LIFO is elected
Particulars AMount
Net sales $7,232 ($8,000 - $640 - $128)
less : cost of goods sold ($6,200 - $820) $5,380
Gross Profit $1,852
Less: Operating Expenses $900
Income before taxes $952
less: Income tax $0
Net income $952
Hence, the net income is $952
Answer:
indicates what percent decline in sales could be sustained before the company would operate at a loss.
Explanation:
Since, Margin of safety ratio = Expected Sales - Break even sales
therefore,
The correct statement is : The margin of safety ratio indicates what percent decline in sales could be sustained before the company would operate at a loss.
Answer:
Brainwriting
Explanation:
Brainwriting is a way of getting ideas from each individual participants in a team or group. This method involves the members of the team writing the ideas that each one of them have in papers instead of verbally contributing their ideas.
That way, the members of the team can all contribute to the brainstorming session as coordinated by the team leader.
In the case of Marcia, she also requires her team members to contribute ideas individually so that each idea is read out one after the other and analyzed. That way, every member of the team is involved rather than two or three people controlling the session.
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