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photoshop1234 [79]
4 years ago
7

Assuming that the quantities of inventory on hand during the current year were sufficient to meet all demands for sales, a decre

ase in the inventory turnover for the current year when compared with the turnover for the preceding year indicates an improvement in inventory management.True / False.
Business
1 answer:
olga_2 [115]4 years ago
6 0
The answer would be false!
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A credible online source is less likely to include
Nezavi [6.7K]
2) as opinions should be left out of factual articles and credible sources
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Martha, a 30-year-old professional, has lost quite a bit of her invested money in the last three months. What strategy may her f
antiseptic1488 [7]

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she might want to invest in newer companies

Explanation:

if she sells all her good investments, in the long run she wont get any more revenue

7 0
3 years ago
MC Qu. 141 Comet Company accumulated... Comet Company accumulated the following account information for the year: Beginning raw
artcher [175]

Answer:

the total factory overhead cost is $11,900

Explanation:

The computation of the total factory overhead cost is shown below:

= Indirect materials cost + Indirect labor cost + Maintenance of factory equipment

= $2,700 + $5,700 + $3,500

= $11,900

Hence the total factory overhead cost is $11,900

The same should be considered and relevant

7 0
3 years ago
If $ 12 comma 000 is invested in a certain business at the start of the​ year, the investor will receive $ 3 comma 600 at the en
Sliva [168]

Answer:

PV of business opportunity = $1,381.55

Explanation:

<em>The present value of the business opportunity is the difference between the present value of the streams  cash inflow and the initial investment cost </em>

PV of streams of cash inflows:

PV of cash flow =A ×  (1- (1+r)^(-n) )/r

A- 3,600, r- 3%, n- 4

= 3,600 × (1 -(1.03^(-4) )/0.03

=$13,381.55

PV of the business opportunity

= $13,381.55 - 12,000

= $1,381.55

4 0
4 years ago
MeasuresPenno Corporation recorded service revenues of $200,000 in 2017, of which $170,000 were on credit and $30,000 were for c
Ksenya-84 [330]

Answer:

$155,000

Explanation:

Given that,

Service revenues in 2017 = $200,000

Credit sales for 2017 = $170,000

Company also paid cash for 2017 wages = $25,000

Wages for 2017 not paid yet in cash = $20,000

Therefore,

Net income for 2017:

= Service revenues in 2017 - Cash paid for wages - Wages not paid yet in cash

= $200,000 - $25,000 - $20,000

= $155,000

Hence, the company’s net income for 2017 is $155,000.

4 0
3 years ago
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