Answer:
The days' inventory outstanding was 107.35 days
Explanation:
The days' inventory outstanding indicates how many days on average a company turns its inventory into sales. Days' inventory outstanding is calculated by using the following formula:
Days' inventory outstanding = (Average inventory / Cost of goods sold) x 365 days
In there,
Average inventory = (Beginning Inventory for the year + Ending Inventory for the year)
/2
In Carey's Department Store,
Average inventory = ($4,000,000 + $6,000,000)/2 = $5,000,000
Days' inventory outstanding = ($5,000,000/$17,000,000)x365 = 107.35 days
Answer:
Explanation:
The policy of tax cut will be less effective in country B than in country A since the value of the tax multiplier is lower in country B.
The multiplier effect refers to the increase in final income arising from any new injections.
Calculating the Multiplier Effect for a simple economy
k = 1/MPS
A = 1/0.1 =10
B= 1/.5=2
Answer:
B. households want to lend more, so the interest rate falls, making the quantity of goods and services demanded rise.
Explanation:
Money is demanded for 3 purposes : Transaction demand (for buying selling), precaution demand ( for contingencies), speculative demand (for investment gains)
- As prices fall & things get cheaper, money demanded for transaction purposes fall. It leads to money being demanded more for precautionary & speculative purpose.
- This implies that households would lend money more, to earn more in form of interests. However, this increase in money funds supply will reduce their price i.e their interest.
- Interest rate is the opportunity cost sacrifised for money consumed. Low interest rate means low opportunity cost of money consumption. So, it will be demanded more for spending on goods & services, goods & services demand will rise.
The answer is B. Gift
a Political Action Committee can designate a charitable organization to receive some sort of gifts equal to their contribution
These gifts can took form in Pins, Stickers, T-Shirt, Posters, etc
