Answer:
Option C "is an........sellers" is the right answer.
Explanation:
- The market is considered as a location wherever vendors as well as purchasers gather together or enable their exchange of goods and commodities of products or even just providers.
- It could be like a department shop wherever individuals keep in touch throughout real life or virtually like such an internet market, where other businesses and consumers weren’t directly connected.
The provided situation isn't linked to other alternatives. Thus the above response is the right one.
Answer: Measurement and presentation of financial performance
Explanation: The two primary functions of financial accounting are measurement and presentation of financial performance.
The measurement function is performed by following accounting procedures and policies under US GAAP and IFRS.
Whereas, presentation function relates to preparation of financial statements like income statement and cash flow statement.
True. Creating central distribution centers can allow a business to run more efficiently. This statement is true because when there is a central distribution center, it allows one central location for products to filter in and out. This products are able to be better counted for inventory purposes and making sure there is enough supply being producted to meet the demand for the items.
Answer:
Explanation:
a.) Inventory turnover = Cost of goods sold / Inventory
Cost of goods sold= $25mill.
Inventory = $2mill.
Therefore, Inventory turnover= 25/2 = 50
b.) Weeks of supply held =( Inventory / Cost of goods sold) *52
**It's multiplied by 52 since there are 52 weeks in a year.
Weeks of supply held = (2 / 25) *52 = 4.16 weeks
Typically the more risk the more reward.
