The inventory turnover ratio is a measure to see how many times the average inventory of the business has been sold or turned over during a period of time. The inventory turnover ratio is calculated by dividing the cost of goods sold by the average inventory.
The average inventory = (opening inventory + closing inventory) / 2
Average inventory = (30083 + 34338) / 2 = 32210.5
Inventory turnover ratio = 428600 / 32210.5 = 13.3
The answer is 9%. According to the CBO, defense expenditure
grew 9% yearly on average from fiscal year 2000-2009. Much of the costs for the
conflicts in Iraq and Afghanistan have not been subsidized through regular arrogations
bills, but over emergency supplemental appropriations bills.
Rawls argues that self-interested rational persons behind the veil of ignorance would choose two general principles of justice to structure society in the real world: 1) Principle of Equal Liberty: Each person has an equal right to the most extensive liberties compatible with similar liberties for all.
Because during the year Shady had taxes expenses for $80 million but then Shady cancelled $2 million of the Income Tax Payable account, which decreased from $14 million to $12 million.
