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3 years ago

Inventory Ratio Calculations

Business

1 answer:

tatuchka [14]3 years ago

7 0

Answer:

Inventory Turnover Ratio for 2008= 3.223 Times

Inventory Turnover Ratio for 2009= 3.91 times

Explanation:

Inventory Turnover Ratio= Cost of Goods Sold / Average Inventories

Inventory Turnover Ratio for 2008= $632,000/ $201,000 + 191,100/2

Inventory Turnover Ratio for 2008= $632,000/196,050

Inventory Turnover Ratio for 2008= 3.223 times

Inventory Turnover Ratio for 2009= $ 731,000/191,100 + 182,600/2

Inventory Turnover Ratio for 2009= $ 731,000/ 186,850

Inventory Turnover Ratio for 2009= 3.91 times

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4 years ago

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Expansionary monetary policy Group of answer choices 1. lowers interest rates, causing aggregate demand to shift to the right. 2

masha68 [24]

Answer:

2. raises interest rates, causing aggregate demand to shift to the right.

Explanation:

Expansionary Fiscal Policies try to increase Aggregate demand by :-

Decrease in taxes by government ; or / and
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The government injecting more money in public : by reduced taxes & increased govt spending - increases the aggregate demand .

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3 years ago

A state government reported a $9,000 increase in net position in the motor pool internal service fund, a $12,000 increase in net

Anastaziya [24]

Answer: $12,000

Explanation:

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Why?

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3 years ago

Brandon, the general manager of Pelantis International Hotel, promises Theodore, the director of marketing and sales of the hote

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Answer:

Transactional leadership

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3 years ago

Preparing a Production Budget Patrick Inc. makes industrial solvents. In the first 4 months of the coming year, Patrick expects

TiliK225 [7]

Answer:

$135,010

Explanation:

Duration

January

February

March

Expected Sales

41,000

38,000

50,000

Add: Ending Inventory

(21%×38,000) 7,980

(21%×50,000) 10,500

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Less:Beginning Inventory

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7,980

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Quarter in Total $135,010

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3 years ago