Answer:
Inventory turnover period in 2019 =89.3 days
Explanation:
<em>The inventory turnover period also known as the inventory days is the average length of time it takes business to sell its stocks and replace same. The shorter the better as it indicates a high patronage from customers.</em>
It is calculated as follows:
<em>Inventory turnover = (Average inventory / cost of goods ) × 365 days</em>
Note that,
<em>average inventory =( opening inventory + closing inventory)/2</em>
Average inventory = (218,000 + 198,000)/2 = 208,000
<em>Cost of goods sold in 2019</em> = $850,000
Inventory turnover period = (208,000/850,000)× 365 days
=89.3 days
Answer:
D) Outcome-based ethics
Explanation:
Outcome-based ethics proposes that people should act in ways that help them achieve desired outcomes, whether those ways are morally acceptable or not.
In the question, Steaks n' Fries management is worried about the outcome (revenues), instead of other type of things to consider such as consumer protection or social responsability. They are acting under a system of outcome-based ethics.
Answer:
The most recommended one is to Allow the seller's pets to roam around and interact with guests.
<span>a. A very successful band wants to record a song you wrote. You can sell the rights to the song or keep the rights and collect a percentage of the price of each compact disk sold.
</span>Passive income is e<span>arnings that an individual derives from a rental property, limited partnership or other enterprise in which he or she is not materially involved.</span>
Answer: $40,121.29
Explanation:
Using Excel, you are finding the payment which is denoted PMT
The rate is:
= 10%/ 2
= 5% per semi annual period
The Nper or number of periods is:
= 10 * 2
= 20 semi annual periods
Present value of PV is $500,000
Future value is 0 because that is the balance after the payments are done.
Formula will look like:
=PMT(5%,20,-500000,0,0)
Payment will be:
= $40,121.29