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sveticcg [70]
3 years ago
10

Tater and Pepper Corp. reported sales for 2018 of $43 million. Tater and Pepper listed $7.6 million of inventory on its balance

sheet. How many days did Tater and Pepper’s inventory stay on the premises?
Business
1 answer:
Montano1993 [528]3 years ago
8 0

Answer:

Days in sales inventory= 64.511 days

Explanation:

Inventory turnover rate is defined as the number of times a company sells its inventory within a give period usually a year. The higher the number of turnovers the higher sales volume and profit.

Days inventory stayed on premisses is the total number of days in a year where the inventory remained on the premises without being sold.

To calculate the number of days Tater and Pepper’s inventory stay on the premises we use the formula

Days sales in inventory= (value of inventory)/(sales)*365

Days sales in inventory= (7.6 million/43 million)*365

Days in sales inventory= 64.511 days

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Mendoza Company's highest point of total cost was $80,000 in June. Their point of lowest cost was $65,000 in January. The compan
boyakko [2]

Answer:

The fixed costs per month are $50,000.

Explanation:

The problem can be presented as a system of 2 equations with 2 variables:

\left \{ {{80000=y + 16000*x} \atop {65000=y + 8000*x}} \right.

Where:

<em>y</em> are the fixed costs,

<em>x </em>are the variable costs per unit produced.

You can solve the system by the method you like. In this case im using the Gaussian Elimination method.

We start with the following AX = b matrix.

\left[\begin{array}{ccc}1&16000\\1&8000\\\end{array}\right] * \left[\begin{array}{ccc}y\\x\\\end{array}\right] = \left[\begin{array}{ccc}80000\\65000\end{array}\right]

We substract the second row by the first row.

\left[\begin{array}{ccc}1&16000\\0&-8000\\\end{array}\right] = \left[\begin{array}{ccc}80000\\-15000\end{array}\right]

We divide the second row by (-8000):

\left[\begin{array}{ccc}1&16000\\0&1\\\end{array}\right] = \left[\begin{array}{ccc}80000\\1.875\end{array}\right]

We substract the first row by 16,000 times the second:

\left[\begin{array}{ccc}1&0\\0&1\\\end{array}\right] = \left[\begin{array}{ccc}50000\\1.875\end{array}\right]

Multiplying this reduced matrix by the X matrix to interpret the results:

\left[\begin{array}{ccc}1&0\\0&1\\\end{array}\right] * \left[\begin{array}{ccc}y\\x\\\end{array}\right] = \left[\begin{array}{ccc}50000\\1.875\end{array}\right]

We can say that Mendoza Company's has<em> y = $50,000</em> fixed costs and each unit costs <em>x = $1.875</em> to produce. Therefore the answer to the problem is $50,000.

8 0
3 years ago
What actions do you think a multinational firm can take to limit the impact of future crises in the global financial system on t
Naddik [55]

Answer:

A Multinational Company will bound the effect of upcoming disasters within the international economic system on the flexibility of the firm to lift investment to recompense its short-run expenses and fund long run funds in the subsequent methods:

  • Confirm that the corporate is cost-effective and collapse resistant by differentiating into artifact parts that are pledge diurnal to the most line of the corporation. Maybe, throughout the world money crisis, the upper education phase did well as variety of dismissed wished to upgrading their abilities or re-skill themselves. College conscription enlarged throughout the world money crisis.
  • Expand geologically in terms of markets, provide foundations, plant positions and then on, so just in case sure economies are consuming inactive development, others will compose. Throughout the world money crisis, the expansion in China and Asian country failed to get exaggerated.
  • Use obligation providentially so the corporate isn't over leveraged.
  • Have a vigorous record and make sure that satisfactory money assets are there with the corporate to require care of adverse times.
  • Be complex to tuned in to international economic circumstances and appearance for early cautionary marks of an at hand crisis.

6 0
3 years ago
Kathy has taken a job with her ideal company and is excited to start in their sales department. During orientation, she is told
Ira Lisetskai [31]

Answer:

a) Customer relationship management

Explanation:

Customer relationship management -

It is the approach to manage the interaction of the company with the potential and current customers .

It is done by using data analysis of the history of the customer with the company , in order to improve the the relationship of the business with the customers , which focus on the retention of the customers and to increase the sale .

Hence , from the question information , the correct answer is a) Customer relationship management .

7 0
3 years ago
Write a short essay listing three jobs you believe would be right and good for you.
soldier1979 [14.2K]

Answer:

I  believe following three jobs would be best for you

1: University Lecturer

2: Market Researcher

3: Marketing Consultant

Explanation:

1: University Lecturer

I am very good student and have strong grip over different academic concepts, I always have stood first in my class. I always got Distinction in my college. Moreover, I am very good at giving presentation, theretofore, I definitely believe that I can perform very well in teaching at the university level.

2: Market Researcher

I am very good at conducting research. I have conducted couple of market researches like measuring brand loyalty of Pepsi, Coke and Aquafina etc. Therefore, this job would be right and good for me.

3: Marketing Consultant

I can work as an independent Marketing Consultant and provide different Marketing expertise  to clients, including SEO (search engine optimization - related to google), content Marketing and mobile marketing. I am very much proficient in this field as well, so this also can be right and good job for me.

3 0
3 years ago
A licensed _______________ must display his or her license conspicuously in the principal place of business at all times.
creativ13 [48]

Answer:

Broker

Explanation:

A licensed broker must dispaly his or her name boldly in their primary place of business at all times becasue it helps to identify a broker quickly as well as has gives confidence to customers to transact business with them.

Cheers.

3 0
3 years ago
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