Answer:
6.896; 50.97
Explanation:
Average inventory = (Beginning inventory + Ending inventory) ÷ 2
= ($180,000 + $197,000) ÷ 2
= $188,500
Therefore,
Inventory Turnover ratio = (Cost of goods sold ÷ Average inventory)
= $1,300,000 ÷ $188,500
= 6.896
Days sales in inventory = 365 ÷ Inventory turnover ratio
Days sales in inventory= 365 ÷ 6.89
= 50.97
Answer:
When telling a friend about your new job, how would you describe this company’s operations?
Neither effective nor efficient
Explanation:
The company's operations will be considered effective if they achieve objectives. But they do not produce the desired results because drivers often get the wrong addresses, making freights not to arrive at their destinations. Similarly, the company's operations cannot be described as efficient because trucks go out half full with wrong addresses. This is a waste of time, money, and efforts, and the performance competence of the company is questionable. Efficient operations accomplish results with the least amount of resources. Effective operations achieve desired results successfully.
Answer:Accounting profit equals total revenue minus accounting costs
Explanation: Accounting profits are actual profits a company makes during a particular accounting year and it can be calculated using the company's total revenue (sales) minus the company's costs ( costs of sales (purchases) plus operating costs) for that particular period under review.
1. Learn Japanese or get a translator
2. Buy lots of stock in Japanese video games like Dance Dance Revolution or Nintendo products
3. Make a lot of anime tv shows
4. Make sure to tell the government what you’ll do to insure they know isn’t illegal
5. Get that fat city wok cash
Answer:
The best answer is "D"
Explanation:
Jessica will not prevail in her product liability suit under a theory of misrepresentation.
The key to recovery on the basis of misrepresentation is the plaintiff's ability to prove that he relied upon the representations that were made and for Jessica she is a little more the 200 pound mark.
