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sergiy2304 [10]
3 years ago
15

What is inventory turnover? Explain the effect of a high inventory turnover during the Christmas shopping season.

Business
1 answer:
charle [14.2K]3 years ago
4 0

Answer:

\frac{Sales}{Average Inventory} = $Inventory Turnover

​where:

$$Average Inventory=(Beginning Inventory + Ending Inventory)/2

The inventory turnover represent how many times the company sales their inventory during the year or period of analysis.

A high inventory turnover during Christmas shopping seasons mean sales are higher. The inventory in the store is sold more times during this time.

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Failure to accrue interest expense results in A. an overstatement of net income and an understatement of liabilities. B. an unde
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A consumer products company has collected some data relating monthly demand to the price of one of its products: 4. Price Demand
cestrela7 [59]

Answer:

Linear function. It is actually a negative linear graph. for the products prices increases, there was a noticeable decrease in demand

slope y=-225/8x+19275/8

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y=1903.125

Explanation:

A consumer products company has collected some data relating monthly demand to the price of one of its products: 4. Price Demand $111100 2,100 $13 2,020 1,980 1,875 $19 What type of model would best represent these data?

Linear function. It is actually a negative linear graph. for the products prices increases, there was a noticeable decrease in demand

slope is

m=y2-y1/(x2-x1)

PICKING TWO POINTS

(11,2100) and (19,1875)

m=1875-2100/(19-11)

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as the slope

(11,2100). y=mx+b or

2100=-225/8 × 11+b,

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(19,1875). y=mx+b or 1875=-225/8 × 19+b, or solving for b: b=1875-(-225/8)(19).

b=19275/8. is the intercept

y=mx+c is the equation of  line graph

y=-225/8x+19275/8

when x=15

y=1987.5

when x=18, y=

-225/8(18)+19275/8

y=1903.125

6 0
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For a product like video cassette recorders (VCRs), which is in the decline stage of its product life cycle__________.
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due to DVD's which are also declining as movies are now easily accessible online through i-tunes, appleTv, illegal downloads etc. This means DVD stores are starting to close down as demand isn't present.

Therefore it can be predicted that DVD's would most likely suffer the same fate as VCR's.

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Make sure you dont have any bills that are over due. Stay paying them on time 
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Typical demographics data include gender, income and geographic region.
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