Answer:
total cost of goods sold = $2215
Explanation:
given data
inventory = 8 units
cost = $200
purchased = 20 units @ 205 each
to find out
amount will be reported as cost of goods sold for the 11 units that were sold
solution
we know as per FIFO method sold unit are from the 8 unit
so beginning inventory on October = 8 × 200 = $1600
and other 3 unit purchase are = 3 × 205 = $615
so
total cost of goods sold are = 1600 + 615
total cost of goods sold = $2215
Answer: 70%
Explanation:
Using Vertical analysis, the rest of the Income statement is described as a percentage of Net sales which means that Net sales is 100% and Cost of Goods sold would be:
= Cost of goods sold / Net sales
= 231 / 330
= 70%
Answer:
Alfred North Whitehead was a philosopher and mathematician, but, with that kind of insight on the subject of change, he could have been a CEO. Today’s business leaders have to worry about addressing customer needs in a fast-paced environment impacted by social, economic, political and cultural shifts. In today’s business environment, the ever-looming presence of change is pretty much the only thing that stays the same.
The problem is, no one likes change.
Time-lapse photo of a clock showing the minutes changing.
Change, like the passing of time, is unavoidable
Organizations and their managers have to learn how to anticipate and implement change effectively. Managers need to find ways to overcome their employees’ natural aversion to change, because managing change effectively can mean the difference between staying in business and becoming irrelevant to their customers. The first step in managing change effectively is to understand what change is and where it comes from.
Organizational change is the transformation or adjustment to the way an organization functions. Organizations adjust to small changes all the time, possibly looking to improve productivity, responding to a new regulation, hiring a new employee, or something similar. But on top of these little adjustments we make at work all the time, there are larger pressures that loom over us, like competition, technology, or customer demands. Those larger pressures sometimes require larger responses.
The average score is 91.4%