Answer:
Third step in control function is to take corrective action
Explanation:
Control function is one the important managerial functions where the manager compares actual performance with that of estimated by the management. In case of any deviation, the manager prepares the corrective course of action and communicates the same to the upper management.
The upper management keeps this feedback in mind while formulating goals and objectives in future. Here, Oliver compares actual performance based on number of defective parts set and takes corrective action if actual number of defective parts is more than estimated.
Answer:
The calculations are shown below:
Explanation:
The computation is shown below:
As we know that
Inventory turnover ratio is
= Cost of goods sold ÷ Average inventory
So
For year 2015, it is
= $1,270 ÷ $210
= 6.05 times
For year 2014, it is
= $1,560 ÷ $220
= 7.09 times
For year 2013, it is
= $2,000 ÷ $380
= 7.14 times
1-b Average days to sell inventory is computed by considering the
= Total number of days in a year ÷ inventory turnover ratio
So
For year 2015, it is
= 365 ÷ 6.05
= 60.33 days
For year 2014, it is
= 365 ÷ 7.09
= 51.48 days
For year 2013, it is
= 365 ÷ 7.14
= 51.12 days
2. As we can see that the aegis industries inc is performing better than the Snow Pack Corporation as aegis industries has 7.14 times in 2015 as compare to the 5.5 times in 2015
Answer:
which of the following is not considered a credit?
overdraft fee
Explanation:
An organization of investors usually in the form of a limited partnership who have joined together for the purpose of pooling capital for the acquisition of real property interests is known as a Real Estate Syndicate.
An organization is a group of people working together, such as a neighborhood association, charity, union, or business. The word organization can be used to refer to a group or enterprise or the act of forming or establishing something.
An organization is an official group of people such as a political party, business, charity or club. Most of these vocational schools are provided by volunteer organizations. ... Reported by the International Labor Organization. Synonyms: Synonyms for groups, companies, associations, associations, and organizations.
Learn more about organization here:brainly.com/question/19334871
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Answer:
land rents were high because grain prices were high..
Explanation:
grain prices were high because land rents were high.
land rents were high because grain prices were high.
grain prices were high because land rents were low.
land rents were high because grain prices were low.
none of the above
David Ricardo was a classical economist known for various economic theory. Some of his theories include :
- Labour Theory of Value
- Ricardian Equivalence
- Theory of comparative advantage
- Theory of rent
Theory of rents
David Ricardo defined rest as the part of the produce of an agricultural land that is paid to the landowner for the use of the land. He postulated that benefits of an increase in prices of grain accrue to land owners in the form of rent
He used this theory to answer a question that arose during the Napoleonic wars (18.05-1815) when there was a great increase in corn and land prices. The question was : Did the rise in land prices raise the price of corn or did the high price of corn increase the demand for land and led to an increase in the price of land ?
