1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Agata [3.3K]
2 years ago
12

Question 3 of 10

Business
1 answer:
viva [34]2 years ago
5 0
The answer it’s “d”

Student loans aren’t secured by collateral
You might be interested in
Maple Leaf, Inc., a television manufacturer, would like to reduce its inventory. To this end, you are asked by the operations ma
irga5000 [103]

Answer:

Maple Leaf, Inc.

Inventory Turnover:

b. Greater than 2 but less than 3

Explanation:

a) Data and Calculations:

1) Average inventories:

Raw materials     $2,500,000

Work-in-process  $1,000,000

Finished goods      $800,000

Total average inventory   $4,300,000

Cost of goods sold = $12,000,000

Inventory Turnover = Cost of goods sold/Average Inventory

= $12,000,000/$4,300,000

= 2.79 times

2) Inventory turnover is a financial ratio that shows the number of times in a year that inventory has been sold by Maple Leaf, Inc.  When it divides the number of days, say 360 days in a year, the ratio that comes out shows the number of days it takes Maple to sell its inventories.

3 0
3 years ago
The following is the post-closing trial balance for the Whitlow Manufacturing Corporation as of December 31, 2015.
pishuonlain [190]

Answer:

See explanation section

Explanation:

See the images to get the answer

4 0
3 years ago
​Sustainable businesses tend to be run by CEOs who are:
Marianna [84]
The answer is Target-driven<span>
</span>
8 0
3 years ago
Gross profit is equal to:
ehidna [41]

Answer:

The correct answer is letter "A": sales minus cost of goods sold.

Explanation:

Gross Profit is one of several important measurements of a company's profitability. Specifically, <em>it is derived from taking sales revenue and subtracting the costs of goods sold</em>. The costs of goods sold include the expenditures of raw materials and labor involved in making the products.

3 0
3 years ago
Bitcoin is worth it?
stellarik [79]
You can easily trade bitcoin for cash or assets like gold instantly with incredibly low fees. The high liquidity associated with bitcoin makes it a great investment vessel if you're looking for short-term profit. Digital currencies may also be a long-term investment due to their high market demand.
7 0
3 years ago
Other questions:
  • Before going on his first business trip to China, Brad asked his Chinese-American friend to advise him on customs and values com
    10·1 answer
  • Joan has 40 employees and produces 800 units of output; when she adds one more employee to her construction company. The total o
    15·1 answer
  • The cost object of the plantwide overhead rate method is: Select one:
    14·1 answer
  • Other things the same, during recessions taxes tend to Select one: a. rise. The rise in taxes contracts aggregate demand. b. fal
    11·1 answer
  • Once something is considered scarce, it is scarce forever. <br> A. True<br> B. False
    9·1 answer
  • Respond to the following comments:
    11·1 answer
  • To obtain the dollar sales volume necessary to attain a given target profit, which of the following formulas should be used? Mul
    10·1 answer
  • For each of the following accounts indicate the effect of a debit or a credit on the account and the normal balance.
    10·1 answer
  • List 2 benefits of financial planning
    14·1 answer
  • Two hundred paper mills compete in the paper market. The total cost of production (in dollars) for each mill is given by the for
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!