If we used the retail method to estimate the ending inventory first we get the given of the problem that can be used in solving.
Given
Sales - 200,000
Goods available for sale - 261,000 (cost) & 450,000 (retail)
First, we need to get the cost of retail ratio. the formula is
Cost to Retail ratio= Cost/ Retail
261,000
CRR= ------------- = 0.58
450,000
Next is to get the ending inventory by following this steps
Cost Retail
Cost of Goods Available for Sale $261,000 $450,000
- Sales $200,000
------------------
Ending Inventory $250,000
x Cost to Retail Ratio .58
------------------
Ending Inventory $145,000
So, the estimated ending inventory for the month of July is $145,000.
Answer:
A. Downward Communication
Explanation:
Downward communication is a communication process whereby information is passed from the top of the organizational structure to the bottom of the organizational structure. It is a situation whereby information flows down the hierarchy chain from the top of the hierarchy to the bottom.
This is the method used in which information is passed from the bosses of the organization at the top to the lower management at the bottom of the organizational chart. In this scenario, the information concerning the strategic plans moves from the senior management to the middle management and down to their respective subordinates.
Option Bar is also known as <em><u>TOOL PANEL.</u></em>
Answer:
A.There has been a renewed emphasis on integrative thinking and solving problems cross-functionally.
Explanation:
In order to live competing in the present marketing situation, various firms have commenced preparing their employees to hinder viewing obstacles as strictly operative, an accounting problem, or a marketing obstacle, concerning example, there has been a restored emphasis on integrative reasoning as well as working problem cross-functionally this trend explains concerning strategic management. Basically, as we know that strategic management is the ongoing planning, analysis, monitoring as well as evaluation of all that is essential for an association to meet its aims as well as objectives.
The correct answer to the question above is:
D. Quantitative
<span>Quantitative research approach is used in this
scenario because the participants are asked to choose among the most functional
mobile phone and compare them with other options. The data gathered from
participants are then analyzed to make a substantial result. </span>
