Answer:
The correct answer is A. Accounts payable turnover.
Explanation:
Accounts payable directly refer to the obligations contracted by the company in the past, which is not directly related to the inventory in the referenced terms. On the other hand, the other three ratios do analyze the behavior of the acquired goods and their management within the organization.
Answer:
8,190
Explanation:
We need to calculate depreciation expenses each based on working-hour driver. Depreciation expense per working hour is calculated as below:
Depreciation per working hour = (Original cost - Salvage value)/Total expected life in working hour
= (90,000 - 8,100)/70,000 = 1.17
Total working hour per year =70,000/Expected life in year = 70,000/10 = 7,000
So, Depreciation expense for 2020 and 2023 each is 1.17 x 7,000 = 8,190
Answer:
B) did not file the complaint within 45 days of the event.
Explanation:
Time limits matter and in this case Catherine should have approached the Equal Employment Opportunity Commission before.
All she can do now is wait until next April and if her work is not properly recognized at that moment, then she should immediately file a complaint (at least before the 45 day limit expires).
Answer:
The price elasticity of demand for icecream is -0.75, that means that is inelastic.
Explanation:
Price elasticity of demand measures the porcentage of the change in the demand when there is a change in the price. If the change in porcentage of the demand is less than the pocentage of change in the price we talk about inelastic demand. An increase in the price of inelastic goods will result in bigger revenues, as the porcentage in the drop of sales is less than the porcentage of increase in the price.
The formula is: % in change demand/% in change of price
-3%/4= -0.75
The minus symbol indicates that when the price rises the demand decrease.